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Author Topic: what is a bitcoin Wallet? Noob question  (Read 840 times)
xauen (OP)
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May 26, 2012, 08:14:29 AM
 #1

hi,

Im seeing wallets every bitcoin site i went through.
Can anyone explain what a bitcoin wallet is to a noobie like me?

Thanks!
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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xauen (OP)
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May 26, 2012, 08:23:40 AM
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No one cares to answer?  Undecided
dirtycat
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May 26, 2012, 08:25:35 AM
 #3

its where you keep your bitcoins!

poop!
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May 26, 2012, 08:28:44 AM
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Its a program that holds the blockchain and lets you send/recieve bitcoins!
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May 26, 2012, 08:30:28 AM
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It's a key to your Bitcoins. So obviously don't go around sharing it Grin
xauen (OP)
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May 26, 2012, 08:32:29 AM
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I have an account at Bit-Pay.
I have around 20BTC now over there but dont know how to do about it. lol.
NothinG
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May 26, 2012, 08:41:31 AM
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I have an account at Bit-Pay.
I have around 20BTC now over there but dont know how to do about it. lol.

Well, you can either setup your bank with them or look around some websites if you'd like to buy something directly with bitcoins.
I'd think first you may want to send the bitcoins to a wallet.

Here is a few websites like accept bitcoins: https://en.bitcoin.it/wiki/Trade
You can go to http://bitcoin.org/ to grab a download of the wallet client, or look at some alternative clients.

Multibit: https://bitcointalk.org/index.php?topic=43616.0
Electrum: http://ecdsa.org/electrum/
Blockchain Wallet: http://blockchain.info/wallet
MtGox: https://mtgox.com/
And a few others, I've just used these so far. Cheesy

xauen (OP)
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May 26, 2012, 08:50:20 AM
 #8

Cool!

One question though.
If I have a wallet on another PC and use another one on another PC. Is it still the same wallet account
that I can or or is it a new one? coz, it'l be more easy if you can see your transaction history using same
wallet account on both PC's.

sorry for my english. Smiley
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May 26, 2012, 08:54:09 AM
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Cool!

One question though.
If I have a wallet on another PC and use another one on another PC. Is it still the same wallet account
that I can or or is it a new one? coz, it'l be more easy if you can see your transaction history using same
wallet account on both PC's.

sorry for my english. Smiley
I guess technically if you copy the wallet.dat file between computers it would work.
I haven't tried it yet. If doing that, I would suggest using https://blockchain.info/wallet as it has the most advanced settings for being an online wallet that I've seen.

[Edit]: Also, if you know the address of the original wallet, you can just track it on the block explorer.
https://blockchain.info/address/1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp
You can view this on any computer and see transactions. The wallet would need private keys (originating from the original client, but are able to be exported for other clients or just to be backed up) in order to send bitcoins.

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