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Topic: Blockchain question/btm (Read 436 times)

sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
April 05, 2016, 11:44:27 PM
#5
in my opinion you can use 1 wallet decentralized like xapo, so ATM bitcoin can't trace your address and you can send 1btc 10times maybe 100times or 1000times.

im never use ATM bitcoin, it's just my opinion.
hero member
Activity: 812
Merit: 1000
April 05, 2016, 10:17:01 PM
#4
Thanks. Guess I was confused that all the addresse where like arms off the main address.

For a wallet like Electrum where all the addresses are generated from a Seed, they're like arms but there is no way to link those unless of-course they're used together in a transaction.
member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
April 05, 2016, 09:59:15 PM
#3
Thanks. Guess I was confused that all the addresse where like arms off the main address.
staff
Activity: 3458
Merit: 6793
Just writing some code
April 05, 2016, 02:06:18 PM
#2
Just 10 new addresses. It is not possible to know whether multiple addresses belong to the same wallet unless a transaction happens where those addresses are the inputs. If you use 10 new addresses, you should be fine.
member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
April 05, 2016, 01:34:04 PM
#1
Hypothetical question here and its more dreaming than anything.

To use a bitcoin atm you need a wallet and they have daily limits based on the address.
Do I need to create multiple wallets or can I just create multiple addresses in that wallet to circumvent bitcoin limit for daily use?

I ask because I rather not step into the office when the day comes that I have a bit of bitcoin and be forced to sign a KYC form because I potentially have gone over 10K in a week. Its all speculative but I am curious if what I am thinking is true.

Recap:

To make multiple withdrawls from a bitcoin atm with a limit of 1btc per day,do I need to create multiple wallets or can I create multiple addresses to get around this limit?

This set up does not have the whole scan you hand and driver license all you need is a phone.

Any one?

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