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Topic: Bitcoin address should be hidden ? (Read 2030 times)

sr. member
Activity: 882
Merit: 297
July 10, 2017, 05:54:53 PM
#28
It is in everyone's right to try to stay anonymous online in a world where we are being tracked like crazy from a shitload of intelligence agencies. Many people want to hide their bitcoin address but I think it is better to create many wallets and rename them for any purpose you will use them. This way you will somewhat retain your privacy to a certain degree. Electrum is a desktop wallet which lets you create as many wallets as you like. All of them have different seeds so you need to safeguard these really in a precious and safe way.

What you are telling is a good option but the problem will be to maintain all wallet with loaded Bitcoins , if you misplace or forget for some thing bad happens and you lost some seed keys then you wont be able to recover the bitcoins on any condition and you will be in loss. So it is much better to keep the main wallet address anonymous and use only random address to show in any topic.
copper member
Activity: 1442
Merit: 529
July 10, 2017, 03:56:49 PM
#27
It is in everyone's right to try to stay anonymous online in a world where we are being tracked like crazy from a shitload of intelligence agencies. Many people want to hide their bitcoin address but I think it is better to create many wallets and rename them for any purpose you will use them. This way you will somewhat retain your privacy to a certain degree. Electrum is a desktop wallet which lets you create as many wallets as you like. All of them have different seeds so you need to safeguard these really in a precious and safe way.
legendary
Activity: 3080
Merit: 1353
February 24, 2017, 06:02:09 AM
#26
Exposing your wallet address in public does not pose a risk although the problem
here is privacy. It makes it easier for others to trace your identify by linking and
following transaction in the blockchain network.

But if you want some privacy so other can't follow your footprints in the blockchain
you should create multi address, with this it is hard to link addresses to you.
There are a lot of wallets there that gives you an option to create multi address,
just choose what fits your current goals GoodLuck!
sr. member
Activity: 306
Merit: 250
February 24, 2017, 03:02:48 AM
#25
I don't think it is possible to hack your wallet using just your bitcoin address, as long as you keep your wallet private key well, you are good  Smiley
sr. member
Activity: 308
Merit: 250
February 23, 2017, 03:44:53 AM
#24
the bitcoin address is just the public key, there are no dangers of exposing it, noone can try to find your private key using the public key, its only that people can still use Blockchain etc to look up past transactions etc.   Grin
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
February 23, 2017, 02:47:29 AM
#23
Your wallet cannot be tampered with just by showing your public bitcoin address. However, I think a big reason

why people don't like showing their wallet is because from there somebody can see how much bitcoin you own.

This could be why people aren't comfortable sharing their addresses, because they don't want their net earnings

available for everyone to see.
Certainly, I used to hide my bitcoin address to keep off from hackers.

Once a hacker had sought how many btc wagered or how many btc you have balance, you could be their next target.

Just like in my blockchain, I don't know how does a person known my identification code since I am the only one who have known that.

However since my gmail wasn't hacked, he wasn't able to open my wallet. This is alarming because hackers are desperate to steal money from others.

Hence, protect your wallet. Don't use your main wallet your every transaction so that no one could tend an attention to check your btc balance/wagered.


What will a hacker do with your Bitcoin address? I have tons of Bitcoin addresses and none of them are linked to my Bitcoin hoard. The majority < more than 80% of my coins > are stored in cold storage. < Paper wallets etc. >

You should never have all your bitcoins in 1 address. I did the same with my bank accounts with my fiat savings. I have a account at 1 bank, where all my money is deposited and then I have bank accounts at several other banks for saving and other purposes.

If 1 account is hacked at the bank, I will not be without money. If they put limits on withdrawals, like they did in Greece then I will have money in different banks and I can withdraw what I need. ^smile^

Bitcoin address = bank account
Private key = password

You can give your bank account to anyone, and they can do nothing without the password. ^smile^
hero member
Activity: 882
Merit: 500
February 23, 2017, 01:24:34 AM
#22
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 
I don't think , So here any need to hide Bitcoin adress , Since every details of the transactions are open in the internet data , and will not results into any personal privacy detail expose , So here doesn't any matter if hide your bitcoin adress .
But sometimes some people want to do every work secretly in the internet earning , so usually they hide thier Bitcoin address , which is not a bad thing also .
But everyone knows that at every transaction we can see sender and receiver of the transaction , So here hiding Bitcoin adress is not any matter at all
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
February 23, 2017, 12:58:42 AM
#21
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 
You are right , I also found the same thing and I also hiding my Bitcoin adress which I am using In my daily routine .
Usually people hide thier Bitcoin adress only because they didn't want to show thier earning to the friends or to those people who hate them .
Suppose if you are earning Bitcoin and making big transactions ,and if anyone relative or friend  will see your big transactions then probably he can try to beg money from you or he will try to deceive you .
And the another thing is that , most of the people normally hide thier activity and work annynomiously .
sr. member
Activity: 322
Merit: 250
February 23, 2017, 12:10:50 AM
#20
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 
According to me There are no Security Reasons about Posting Your Bitcoin address or Giving it to anyone because Bitcoin address Just Made for Accepting Payments From Others and It is Only Possible that someone can Access your Funds when the Person Know your Private Keys Otherwise there are No Issues.....
sr. member
Activity: 2170
Merit: 273
Vave.com - Crypto Casino
February 11, 2017, 03:34:24 AM
#19
Many people don't want everything about personal identity known to public, including financial transactions. Most writing on a variety of social media, they censoring address from their bitcoin wallet to prevent copy & paste from scammers.

If we save bitcoin in large nominal in bitcoin addresses which have been published, and misused by others. You will suffer huge losses. The main reason privacy. But now, many wallets can replace bitcoin address for each transaction.

sr. member
Activity: 787
Merit: 276
Currency Xchanger™
February 11, 2017, 02:43:00 AM
#18
Your wallet cannot be tampered with just by showing your public bitcoin address. However, I think a big reason

why people don't like showing their wallet is because from there somebody can see how much bitcoin you own.

This could be why people aren't comfortable sharing their addresses, because they don't want their net earnings

available for everyone to see.

Exactly and that's why use any BTC Exchange's i.e BTC-E , Bitstamp , Kraken wallet for your trades and sending to others and use another private wallet for storage which address you don't need to share to public .
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
February 08, 2017, 10:03:16 AM
#17
your bitcoin address is never hidden ! it is always public ledger! if you want people to associate you and that address then say its yours! if not-- dont!
 but  unless your an absolute fool and go around letting people hack into your personal computer then even publicly

like

   
17A16QmavnUfCW11DAApiJxp7ARnxN5pGX

go ahead and catch me if you can!!!!!!

it is perfectly safe!



btw=tnma
hero member
Activity: 1148
Merit: 500
February 08, 2017, 09:54:35 AM
#16
So generally, its safer to keep your id hidden when possible. Thanks! Wink
What id? Did you mean bitcoin address? If bitcoin address is what you are saying. Then hide it whenever you want. But technically, bitcoin address cant penetrate by hackers. Bitcoin address dont have relation with the security of your bitcoin. Its the private key you should be keeping safe not the address.
newbie
Activity: 1
Merit: 0
February 08, 2017, 06:31:28 AM
#15
So generally, its safer to keep your id hidden when possible. Thanks! Wink
hero member
Activity: 670
Merit: 512
February 08, 2017, 01:36:31 AM
#14
Knowing Wallet address is not a problem, But knowing Email address is a big problem. Hacker will try to log in to your account if they know your mailing address.
legendary
Activity: 1260
Merit: 1003
February 07, 2017, 11:23:52 PM
#13
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 
You don't need to hide your address but I want to explain a small detail:

Bitcoin addresses are disposable, they are not like an email address or a bank account, don't get identified with one ("this is my address"). I do not recommend to have only one BTC address, is better to use different addresses for payments.

Also, remember that BTC addresses which don't have outputs have an extra security layer against quantum computers, because the public address is not public yet.
hero member
Activity: 840
Merit: 520
February 07, 2017, 09:06:45 PM
#12
Nope. Bitcoin address has no connection on security risk. Your bitcoin will not be hack through your bitcoin address. Bitcoin address is only use for receiving bitcoin only. Thats it. Some bitcoin users just dont want to give their bitcoin address publicly. Hackers cant hack your btc with bitcoin address only. Usually hackers will just hack your funds thru malware and phishing.
hero member
Activity: 758
Merit: 606
February 07, 2017, 05:25:55 PM
#11
You can see that I have publicly proclaimed an address in my signature.  Here we stake and verify ONE BTC address just in case our account ever gets hacked.  This allows for our accounts to be recovered by Theymos.  That said; it is safe to do.  Should I ever have coins show up in that address, I would never move them directly to another one of my wallets.  Coins always pass through commercial tumblers before coming to rest on my end.  This makes revelation of any address pretty safe.  Knowledge about internet connectivity and how to move coins within the blockchain make proclamation of any address OK to do.
hero member
Activity: 2856
Merit: 769
February 07, 2017, 09:34:16 AM
#10
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 

If you're doing some illegal transaction you should hide your bitcoin address so that they can't trace you. If you're not doing some illegal don't hide.

they can't hack your wallet if they see only your bitcoin address. But If they see that your bitcoin wallet have many bitcoin they will try to hack your wallet.
There are people who dont like to post out their bitcoin address on public even they dont do any illegal because as other members said they dont want to be traced by posting it on public because someone could really trace you up on how much money do you have but knowing your address couldnt do anything harm on your bitcoins as long they dont have access into it.
hero member
Activity: 826
Merit: 501
February 07, 2017, 09:23:50 AM
#9
i see usually people hide their bitcoin address when they post topics or proofs in forum , social media ..etc
should we hide our bitcoin address , could we get hacked from you bitcoin address and they steal our money  ? 

If you're doing some illegal transaction you should hide your bitcoin address so that they can't trace you. If you're not doing some illegal don't hide.

they can't hack your wallet if they see only your bitcoin address. But If they see that your bitcoin wallet have many bitcoin they will try to hack your wallet.
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