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Author Topic: how to acquire bitcoin address?  (Read 1960 times)
zx81
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May 11, 2014, 07:33:18 AM
 #21

how to acquire bitcoin address?

You can create one with any wallet client you want, or you can generate your private key (256-bit random number) with coins, dices, background radio noise, radioactive decays and convert it to a bitcoin address.


i've much radioactive decay. how to import?
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Nagato4
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May 11, 2014, 04:46:15 PM
 #22

I've been flipping coin. how to import?

First get a 256-bit number by flipping the coin 256 times, and convert it to hex format.
Then, convert it to WIF format using bitaddress in offline mode or manually with the following steps (not really suggested) Wallet_import_format.

Please make sure you do enough testing to make sure everything is working, before depositing any bitcoin onto the address.


i've much radioactive decay. how to import?

The idea should be exactly the same, and you need to get a 256-bit number with the decay data.
You may get some idea from the section "Bit from It" in this page .

lda1000
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May 14, 2014, 08:43:33 PM
 #23

There's also http://brainwallet.org


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May 14, 2014, 10:42:19 PM
 #24

You can always download multibit and create a wallet address with one click.
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May 25, 2014, 05:05:55 AM
 #25

Easiest way is to signup to a trading site like Localbitcoins or Coinbase and you automatically get a online wallet, done.

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May 25, 2014, 06:32:30 AM
 #26


Stay away from that. Unless you know what you're doing don't create a brain wallet - most people don't have enough randomness to create a truly random phrase and hence they have their funds stolen once the phrase is bruteforced. Either that or people copy lines from famous movies/poems/songs thinking that their smart and have their coins stolen when a bot comes along and copy pastes them over and over.
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May 27, 2014, 05:19:03 PM
 #27

Whats the catch when using these wallets by the way?

That's a bit like being presented with a list of a half dozen types of vehicles and asking:

"What's the catch when using these vehicles by the way?"

Each wallet has its own features and "quirks".  It's up to you as the consumer to determine what your needs are, to learn what each wallet has to offer, and to choose the wallet the best meets your needs.

Armory and Electrum offline both provide a method to secure your private keys on a computer that is never connected to the internet to significantly increase security (but at a cost of some inconvenience, and owning a second computer that is never connected to the internet).

Electrum relies on a server, MultiBit depends on SPV (Simplified Payment Verification).

Armory and Bitcoin Core both require you to have enough available disk space to store the entire blockchain, and need to be kept up to date with synchronization.

Most of those wallets run on computers, so they aren't as useful when you are out and about.  Mycellium and Bitcoin Wallet run on Android mobile devices, so they are more convenient for carrying around.

Most of those wallets can only be accessed from the one device where they are installed.  They don't synchronize to other devices.  You would need to create transactions to transfer balances between separate wallets on separate devices.

blockchain.info is a hybrid wallet.  You can access it from nearly any web browser (mobile device, laptop, desktop, etc).  They store your private keys in encrypted form so they can't access (spend/steal) your bitcoins, and they provide a backup file of your wallet so that you can still access the bitcoins even if they disappear.  This makes them much safer than other web based options (such as MtGox, BitStamp, localbitcoins, or Coinbase).


thanks a lot Danny,

I am concidering  blockchain.info 
besides it, which do you recommend?
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May 27, 2014, 05:32:31 PM
 #28

among the web wallets in the choices given which do you recommend?
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May 27, 2014, 05:39:09 PM
 #29

blockchain is reputable.  so is coinbase.

make sure to use 2FA whichever one you go with

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May 27, 2014, 08:06:12 PM
 #30

you can acquire one in every bitcoin client like bitcoin-qt, multibit (use this one, its quicker) etc.
you can also generate vanity address like me, with your chosen word/beggining of bitcoin address
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May 28, 2014, 01:25:28 AM
 #31

Just create wallet in sites like blockchain.info then you will get bitcoin address.

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indiguy (OP)
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May 28, 2014, 01:43:59 AM
 #32

Thanks to you guys. glad there are lots of users who give support for newbies like me.  Grin
indiguy (OP)
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May 28, 2014, 01:54:56 AM
Last edit: November 02, 2015, 03:59:03 PM by indiguy
 #33

i now have an address Cheesy

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May 28, 2014, 02:21:21 AM
 #34

I just sent you a millibit.  Grin

indiguy (OP)
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May 29, 2014, 04:47:46 AM
 #35

thanks a lot jonald_fyookball,

I feel like I can earn thousands and not going through paypal anymore. Cheesy
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May 29, 2014, 05:15:17 AM
 #36

A good webwallet like blockchain.info does it but don't use it for large amounts

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May 29, 2014, 05:25:47 AM
 #37

On bt qt I clicked on upper left hand corner on file then "receiving address" then clicked new then got one.
indiguy (OP)
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May 29, 2014, 06:08:20 AM
 #38

A good webwallet like blockchain.info does it but don't use it for large amounts

Why is that?

They seem to be reputable and can be backuped to online drives.
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May 29, 2014, 07:23:29 AM
 #39

I'm using Multibit for a while now and it works like a charm
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June 04, 2014, 06:57:49 AM
 #40

A good webwallet like blockchain.info does it but don't use it for large amounts

Why is that?

They seem to be reputable and can be backuped to online drives.
Maybe the lesson to be learned is not to store -everything- in one place. Don't put all eggs in one basket, you know.
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