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Author Topic: Is it totally safe and ok to show my deposit bitcoin address to the public?  (Read 1505 times)
wasabibit (OP)
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October 24, 2017, 07:48:25 PM
 #1

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks
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dashbit
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October 24, 2017, 08:01:35 PM
 #2

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks
yes its perfectly afe to display your address.
But the thing here is unless and untill you donot hold a lot of wealth on that particular address.
Cause you know hackers you will become a target then.
See this BTC/ETH address are basically free ,so lots of people people use multiple address for multiple purpose.
I hope now you understand what you have to do.
Never reveal your main wallet..Tongue
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October 24, 2017, 08:25:03 PM
 #3

I for as my point of view its safe but little bit danger when some hacker type people watching you and wish to hack your account
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October 24, 2017, 08:57:49 PM
 #4

I for as my point of view its safe but little bit danger when some hacker type people watching you and wish to hack your account


Well, this depends strictly on the purpose for which these addresses are being publicised. Fine! hackers or scammers all over, any rational pertaker should ensure taking cognisance of that. So, If not for a definite purpose , I see no reason for pubilicly disclosing your eth adresses, not to even talk of wallets safe probably for application or transactionary motives between or among members in d forum.The choice is yours.
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October 24, 2017, 09:09:41 PM
Merited by ABCbits (1)
 #5

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.
Yes. That's what addresses are for. I personally think that the only reason for hiding your addresses is if you want more privacy. For example, if you do not want your coins to be linked to your identity.

If you want to disclosure an address for donations, there is nothing to worry about.

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aplistir
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October 24, 2017, 09:29:44 PM
 #6

I for as my point of view its safe but little bit danger when some hacker type people watching you and wish to hack your account

Good luck in hacking the bitcoin address in my signature.
There is 0.00 bitcoins in it.
For some reason I don't believe hackers will find it very interesting.

In addition to that, bitcoin addresses are impossible to hack  Grin

My Address: 121f7zb2U4g9iM4MiJTDhEzqeZGHzq5wLh
Kakmakr
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October 25, 2017, 09:05:20 AM
 #7

A Bitcoin address can be compared to your Bank account number at a Bank. You can give that address to anyone, without exposing your PIN/Password or your Private key. So yes it is safe to give your Bitcoin address to people. <This is why they call it a Public address>

You might become a target, if you stored 1000s of bitcoins in that address and hackers or scammers link your real identity to that address. This is why I store 80% or more of my bitcoins on paper wallets. Even if they ID me, they will never get to those coins. I store them away from my home in a secret location. ^lol^
 

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Suckhoelaodong
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October 25, 2017, 09:26:27 AM
 #8

Thank for this question, that also is my concern.
RenzAranez
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October 25, 2017, 09:59:54 AM
 #9

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks

That's okay, as long as you don't show your username and password on that account your bitcoin is safe. I'll give you my bitcoin address
 and you can send me some. Cheesy just kidding!
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October 25, 2017, 11:40:15 AM
 #10

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks

FYI. Coinmarketcap.com is asking for those as well. Do you think coinmarketcap will stay afloat after all these years if it is not safe? Are they going to ask for donations if it is not safe. Actually it is infinitely safer than MIOTA and your Bank Account. MIOTA wallet once used. It will not be safe anymore. While with your bank account even SWISS BANK ACCOUNT is vulnerable to blackmail,bribery and torture.

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October 26, 2017, 03:37:47 AM
 #11

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks

Yes sir it is safe as long as you don't show your private key of your address on public. The security of your wallet address is on that private key just keep it secret and save it to safe place. And everything will be fine.
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October 26, 2017, 05:33:51 AM
 #12

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks
There is no problem about that and it was ok and safe, even it showed in public they can not access your wallet it is just an address of your wallet to received the fund for your method to earn bitcoin or any other crypro currency coin. Specially if you are joining in signature/bounties campaign you need to give to the manager your address to make able to send your token/bitcoin as your salary.
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October 26, 2017, 05:35:43 AM
 #13

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks

FYI. Coinmarketcap.com is asking for those as well. Do you think coinmarketcap will stay afloat after all these years if it is not safe? Are they going to ask for donations if it is not safe. Actually it is infinitely safer than MIOTA and your Bank Account. MIOTA wallet once used. It will not be safe anymore. While with your bank account even SWISS BANK ACCOUNT is vulnerable to blackmail,bribery and torture.


If you use a bitcoin wallet with an optional secondary "false login" for plausible deniability, so you can login when forced to under duress and show them a fake balance, then I think the bitcoin wallet (and it's public address, shared or not) may be even more "physically" secure then the other nonblockchain backed "physical" account types, like you mentioned. Otherwise the vulnerabilities you mentioned still apply.
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October 26, 2017, 05:50:49 AM
 #14

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks
There is no problem about that and it was ok and safe, even it showed in public they can not access your wallet it is just an address of your wallet to received the fund for your method to earn bitcoin or any other crypro currency coin. Specially if you are joining in signature/bounties campaign you need to give to the manager your address to make able to send your token/bitcoin as your salary.
It's think it's safe to have at least one public address for all your public payments like donations and weekly/monthly payments for signature campaigns.
When I freelance I tend to always give a my client a different deposit address just to ensure we have an additional layer of security.
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October 26, 2017, 11:25:02 PM
 #15

I for as my point of view its safe but little bit danger when some hacker type people watching you and wish to hack your account
Please don't post shit, do you have any idea about bitcoin wallet? Can currently any hacker huck it? If yes, then there are wallets with 1000btc (usually they are filled for airdrops) and just check blockchain, you will find some of them, find a hacker and get some percent profit. ehh man, leaen on mistakes.
Also it's absolutely safe if you aren't using it for illegal reasons. For example if you are on darknet and publish deposit adress, you will be in huge trouble. On another hand no problem, but tracking is possible, I mean history of when you received money, where you sent and etc.

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October 27, 2017, 05:20:25 AM
Last edit: October 27, 2017, 05:46:00 AM by mattxlee
 #16

Yes, it is totally safe to show your address to other peoples.

You might need to understand three things behind your address.

1. Private key
Every address generated by bitcoin wallet, it generates a key pair: private key and public key. With some hash algorithm with your public key will get address. Anyone who owns private key means he is able to transferring your bitcoins to other peoples. Public key is very easy to be calculated by private key, so if you have private key and then you have all these three things.

2. Public key
After you transferred some bitcoins to other address, your public key is revealed with your transaction record to let other people/miner verify your signature to confirm your transaction is valid. To calculate a private key from public key is very very hard in current time, but it is possible. That's why an address is secure if it has no any out-coming transfer.

3. Address
It is easy to calculate (With hash algorithm of your public key) your address from public key, but it is impossible to get public key from an address only.


Private key --(easy)--> Public key --(easy)--> Address

Address --(impossible)--> Public key --(very very hard)--> Private key

Smiley
Have a nice day.

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October 27, 2017, 06:39:58 AM
 #17

Yeah, what most people said here is correct; however, you need to understand that a public address is just that-- public.

If you were to post your address somewhere, there is no way for anyone to hack it, as everyone above said. On the other hand, everyone with your public address will be able to see all of the transactions you have been a part of with that address. That means that if you request money from some individual with an address and then use those bitcoins by sending them to some other address, the original sender (or anyone who knows this specific public address) will be able to see where you are sending those coins. The bright side is that usually this information means nothing as public addresses don't mean much and don't say who the address belongs to, but it is important to keep this in mind especially if you are to send bitcoins from your address to another public address that might be recognized by someone else. The network might be anonymous, but it is not as private as some marketing or advertising might make it sound. As long as you remember this you should be golden.

The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
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October 27, 2017, 12:25:58 PM
 #18

A Bitcoin address can be compared to your Bank account number at a Bank. You can give that address to anyone, without exposing your PIN/Password or your Private key. So yes it is safe to give your Bitcoin address to people. <This is why they call it a Public address>

You might become a target, if you stored 1000s of bitcoins in that address and hackers or scammers link your real identity to that address. This is why I store 80% or more of my bitcoins on paper wallets. Even if they ID me, they will never get to those coins. I store them away from my home in a secret location. ^lol^
 

In some ways its even safer.  If you give someone a bank account number, they can perform an ACH debit transaction on it.  They need the routing number to do that but if they know where you bank, they can usually get the routing number for that bank.

A bitcoin public address for donations is not able to be accessed for sending transactions without the private key.

That being said, if a person were to look at your public address and find that it contains a lot of BTC, it could "inspire" them to try to figure out how to hack you to get your private key.  Even if they don't end up with the key, if you are not well secured you could have to deal with other consequences of their hacking attempts.

Best to use a public address that doesn't hold much BTC for a tipping address.

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October 27, 2017, 02:11:55 PM
 #19

Hi,

I have seen many people on many websites posting their BTC/ETH addresses publicly for donations.
Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.

Thanks

I don't think it is safe.  Any address or information you uploaded online will be of great threat especially if it involves money.  Bitcoins can be exchange for money so... to be safe, you need also to be cautious. Prudent in accounting...
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October 28, 2017, 05:07:12 AM
 #20

It is safe to show your address in public its nothing to worry about,but one thing please do not share your private key, that is tragic if it's happen to you it might be the worst day of your business in bitcoin so please be careful to send your ETH/BTC/BCH etc. address. Smiley
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