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Author Topic: How many bitcoin address you have right now? why you have more than one?  (Read 7961 times)
jt byte
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December 01, 2015, 02:10:53 PM
 #61

I have more than 20 Bitcoin address, sometime is just pain in the ass to control wich is what.

But having so much is kinda good for me than if some thing happend than i have the others.
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Newcoins2020
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December 01, 2015, 02:39:46 PM
 #62

I have more than 20 Bitcoin address, sometime is just pain in the ass to control wich is what.

But having so much is kinda good for me than if some thing happend than i have the others.

If you use blockchain, you could name them so it's easier to keep up what's what
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December 05, 2015, 03:39:09 AM
 #63

I have more than 20 Bitcoin address, sometime is just pain in the ass to control wich is what.

But having so much is kinda good for me than if some thing happend than i have the others.

If you use blockchain, you could name them so it's easier to keep up what's what
You can label your addresses with almost every client that I know of. Blockchain.info is a service which allows users to publicly display the names attached to the address. It isn't accurate at times since anyone can use satoshi nakamoto as the name as long as they make a website with the name and address with it.

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AncilVTwo
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December 05, 2015, 04:01:05 AM
 #64

i currently have three bitcoin addresses right now. 1 paper wallet and two hot wallet addresses.
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December 05, 2015, 05:04:38 AM
 #65

I only have 2 addresses. 1 if them is my cold wallet, where I store most of my bitcoin, which is around 10 bitcoin. I also have another wallet, a web wallet where I keep some 'extra change' so I can do stuff like shop and gamble, very conveniently.
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December 05, 2015, 05:09:00 AM
 #66

I have more than 20 Bitcoin address, sometime is just pain in the ass to control wich is what.

But having so much is kinda good for me than if some thing happend than i have the others.

If you use blockchain, you could name them so it's easier to keep up what's what


Out of those 20 wallets he has, I bet that more than half of them aren't online wallets. Blockchain is also pretty unreliable, with all its crashing and security issues. I prefer Coinbase as it is easier and safer to use. They also pay the miners fees for your first 1000 transactions.
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December 05, 2015, 06:37:49 AM
 #67

ago, when i still play faucet
i have many wallet and many address, it is a help to get a lot of satoshi, in one hour, I could make hundreds of claims by many addresses,
but now I only have 1 address
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December 05, 2015, 07:42:29 AM
 #68

I have mycellium wallet = 1 address .
I have blockchain wallet = 1 address .
And yesterday i just tried new wallet bitgo . So total i have 3 address. I only used mycellium wallet , the other not often.
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December 05, 2015, 07:45:19 AM
 #69

If you are using Coinbase to store your coins, most likely you'll have more than 1 BTC address as Coinbase generates new BTC address for every transaction. I think having 2-3 BTC address is enough. I have 2 BTC address, 1 from Coinbase and 1 from Blockchain

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December 05, 2015, 07:54:02 AM
 #70

How much bitcoin address do you have and why you have to create more than one address?
They say it was said by Satoshi to "use the address once and discard it " ,other than that it is much difficult for people to track you and you could keep track of all the deals you have ever done (by labeling the address) if you create a new address per transaction.
I got around 400~ maybe.
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December 05, 2015, 07:55:30 AM
 #71

3 Addresses, Just because it's very easy to make more than one, no specific reason for having more than one though.
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December 05, 2015, 08:00:27 AM
 #72

How much bitcoin address do you have and why you have to create more than one address?
They say it was said by Satoshi to "use the address once and discard it " ,other than that it is much difficult for people to track you and you could keep track of all the deals you have ever done (by labeling the address) if you create a new address per transaction.
I got around 400~ maybe.


I do not know how people are managing many bitcoin addresses. I have created 10 addresses using multibit, but 7 of them still unused. I do receive facuet payments and my signature campaign payments are all in one address and I could not find any advantages of using many addresses.
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December 05, 2015, 08:06:41 AM
 #73

I just have 10 address to receive money from various sources. The number will increase in the future when I have more income.

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December 05, 2015, 08:31:11 AM
 #74

I have maybe 10 or more, I use more than one because I think it would be hard to track for my own safe.

Why do people need so many bitcoin addresses? Like isn't 10 addresses a bit much. Just use 1 or 2 as your cold wallet and then another 1 to keep your change in that you can use for gambling, trading and ask that kind of stuff.
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December 05, 2015, 08:41:01 AM
Last edit: December 05, 2015, 10:24:22 AM by Amph
 #75

I have maybe 10 or more, I use more than one because I think it would be hard to track for my own safe.

Why do people need so many bitcoin addresses? Like isn't 10 addresses a bit much. Just use 1 or 2 as your cold wallet and then another 1 to keep your change in that you can use for gambling, trading and ask that kind of stuff.

talking about addresses here not wallet, they are used for anonimity, for every new transaction you change one

there is also another reason why they are useful, because if your wallet get stolen, and then you create another address, this new address will not be in the hacker wallet, so you can safely send funds there again, without creating a new wallet
ranochigo
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December 05, 2015, 10:15:47 AM
 #76

I have maybe 10 or more, I use more than one because I think it would be hard to track for my own safe.

Why do people need so many bitcoin addresses? Like isn't 10 addresses a bit much. Just use 1 or 2 as your cold wallet and then another 1 to keep your change in that you can use for gambling, trading and ask that kind of stuff.

talking about addresses here not wallet, they are used for anynomousity, for every new transaction you change one

there is also another reason why they are useful, because if your wallet get stolen, and then you create another address, this new address will not be in the hacker wallet, so you can safely send funds there again, without creating a new wallet
Anonymity wouldn't be achieved if you don't use a wallet like Bitcoin Core which allows users to select inputs. If the wallet doesn't allow, the address could be spend linked together.

It would depend on what wallet type it is. For HD wallets, the address generated are predictable and hence a new seed would be required.

I find it confusing if I were to use one address for example loans. It would be hard to tell who repaid. Hence, I create 10 addresses and assign them to different loans.

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Amph
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December 05, 2015, 10:25:15 AM
 #77

I have maybe 10 or more, I use more than one because I think it would be hard to track for my own safe.

Why do people need so many bitcoin addresses? Like isn't 10 addresses a bit much. Just use 1 or 2 as your cold wallet and then another 1 to keep your change in that you can use for gambling, trading and ask that kind of stuff.

talking about addresses here not wallet, they are used for anynomousity, for every new transaction you change one

there is also another reason why they are useful, because if your wallet get stolen, and then you create another address, this new address will not be in the hacker wallet, so you can safely send funds there again, without creating a new wallet
Anonymity wouldn't be achieved if you don't use a wallet like Bitcoin Core which allows users to select inputs. If the wallet doesn't allow, the address could be spend linked together.

It would depend on what wallet type it is. For HD wallets, the address generated are predictable and hence a new seed would be required.

I find it confusing if I were to use one address for example loans. It would be hard to tell who repaid. Hence, I create 10 addresses and assign them to different loans.

yeah in fact i'm using only core for this type of thing, i don't like spv client, but armory interest me since it's core plus other useful thing
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December 05, 2015, 10:36:22 AM
 #78

I guess I have around 30 wallets in use right now, of which around 20 wallets are to store my cold wallet coins. I like to spread my coins into plenty of addresses to make it difficult for any one to know how much coins I exactly have. That's the main reason.
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December 05, 2015, 12:47:15 PM
 #79

...So creating many addresses doesn't seem to affect bitcoin network...
I think you do not "create" bitcoin addresses... They already exist.

How many bitcoin address you have right now? why you have more than one?
I have four addresses:

1 for everyday, normal (re)use. The most active address.
1 for storing bitcoins for specific purpose.
1 for storing bitcoin for another specific purpose.
1 for storing bitcoin for another specific purpose, in "cold storage".

And that is how I organize my bitcoins.

I hate having my bitcoins in some "wallet.dat" file and having to use a different address every time as many suggest. This I'll never do, it is simply annoying.

Bitcoin address: 1RepentJESUSisComingSoon777kqd54C

And behold, I am coming quickly, and My reward is with Me, to give to every one according to his work. - Revelation 22:12
Ryananda
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December 05, 2015, 02:22:02 PM
 #80

I only have 1 bitcoin address.
It is new and has never been altogether payout
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