How many addresses do you think the average bitcoin user has? - page 3.

HarmonLi

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Quote from: bander on August 01, 2014, 01:03:37 PM

as the title states, whats the average number of wallet addresses per bitcoin user? With the ability to trace transactions and link people together based on publically posted keys, I know many people (including myself) have generated unique addresses for nearly all transactions just to be safe. My guess is somewhere around 40-50 addresses at this point in time.. what are your guy's thoughts?

I believe they have about 150. Every service you use gives you another new address. They tend to accumulate pretty quickly. Also, all the wallets in existence generate so many new addresses. If you're using change-addresses (as you should!) you'll most likely have even more than that!!!

Mobius

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Quote from: Mt. Gox on August 09, 2014, 11:19:24 PM

Quote from: InwardContour on August 06, 2014, 11:02:56 AM

The average bitcoin user in my opinion could have about 50 addresses.
This takes into account the smart ones, with hundreds or thousands, and the newbie users with only 1 address.

There are many non-newbies who use addresses multiple times and for extended periods even though it might not be good practice to do so. For example, donation addresses, vanity addresses, sig payment addresses, etc.

When these types of addresses are used the coins are often transferred to another address that has never been used before, and will only be used once. I think the average user that has been using bitcoin for several years will have used several hundred if not thousand addresses.

Mt. Gox

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Quote from: InwardContour on August 06, 2014, 11:02:56 AM

The average bitcoin user in my opinion could have about 50 addresses.
This takes into account the smart ones, with hundreds or thousands, and the newbie users with only 1 address.

There are many non-newbies who use addresses multiple times and for extended periods even though it might not be good practice to do so. For example, donation addresses, vanity addresses, sig payment addresses, etc.

BowieMan

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Quote from: bander on August 01, 2014, 01:03:37 PM

as the title states, whats the average number of wallet addresses per bitcoin user? With the ability to trace transactions and link people together based on publically posted keys, I know many people (including myself) have generated unique addresses for nearly all transactions just to be safe. My guess is somewhere around 40-50 addresses at this point in time.. what are your guy's thoughts?

I guess most of the people don't have that many addresses. I think most of them only use one address and re-use that one over and over again. It is not recommended, but perfectly fine. It's up to everyone how they use and store their Bitcoins!

sickpig

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Quote from: Swordsoffreedom on August 07, 2014, 03:39:29 AM

1TB of Privkeys and Bitcoin addresses thinking the full blockchain is somewhere around 20GB lol.

I think they will be included in the blockchain only if used as receiving address in a tx.

Dabs

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I'm guessing the "trigger" is when the bitcoins in those "flytraps" get spent to another address and he didn't do it. Someone else did. You can have a simple program watching the blockchain and notify you when such a transaction is seen or included in a block.

jjc326

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Quote from: Kprawn on August 07, 2014, 09:16:26 AM

I have about 100 of them, because I created a lot of "fake" addressess for "Flytraps" - If they are triggered, I know someone compromised my computer, or have access to my home.

A lot of them is used for "paper wallet" cold storage, because I like to split them up into smaller chuncks. {I believe everytime a paper wallet is imported it is compromised and cannot be used again}

And it's easier, to use smaller amounts and it increase your security and decrease your risk in losing everything in one hack or fire or flood.

Wow that's interesting, I've never heard of the flytraps idea but it makes a lot of sense. I do wonder, how do you know if a BTC address has been "triggered" though?

If I had more BTC that sounds like a good idea. I only have 2 addresses, just don't keep too much on there so don't see the need.

Dabs

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I have a file with 5000 addresses on it, generated offline. Then when compressed keys came out, I created a new file and new wallets.

And then I used to play a bit on SatoshiDice, so that adds about 500 addresses right there.

But ... I don't have any addresses now. Mr. FBI/NSA/CIA/GOV, I do not have any bitcoins. None.

Hehe.

leex1528

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I have tons....Lots of time when I do transactions it just creates on at coinbase so I don't have much else I can do!

bitbunnny

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I wonder how can you manage 1000 addresses

virtualx

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I aren't too sure what an average bitcoin user is, but I'm guessing anywhere between 1 and 1000

dadaas

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Quote from: Godye Scaro X9 on August 08, 2014, 05:01:00 AM

Quote from: Koko on August 06, 2014, 04:37:20 PM

Quote from: dadaas on August 06, 2014, 04:20:23 PM

Quote from: Koko on August 06, 2014, 04:16:59 PM

Quote from: dadaas on August 06, 2014, 04:00:35 PM

Quote from: Koko on August 06, 2014, 03:48:10 PM

If you include all the addresses I had on various exchanges, I have probably used at least 250-300.

Well I didn't count my addresses on exchange sites because I don't consider them part of my wallet.

I suppose that's true since the address might be yours, but the wallet still belongs to the exchange. I would still technically consider them as my BTC addresses. Without them I would say I used roughly 100+ addresses.

You've got that right. It could be considered your address in exchange's wallet.

No matter how much security an exchange offers, it always makes me uneasy keeping my coins there for an extended period of time. Nothing beats having your own wallet.

I used to think that too. That is, until I entered the world of altcoin trading. Compared to setting up wallets, it is so much more convenient to just have the coins sitting there on an exchange. Especially if you are a speculator. I know it's not good security-wise, but I can understand why exchanges are such a popular place to store one's own coins.

Well sure, it is easier to keep altcoins on exchange site instead installing wallet for each of them especially if you trade multiple altcoins but we are talking about Bitcoin storage. Let me ask you one question: when you turn profit from trading altcoins do you exchange that profit for BTC?

dserrano5

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Quote from: sandykho47 on August 08, 2014, 05:06:03 AM

How can a people use a lot BTC address Huh

By not reusing any address ever, ie giving a new address everytime you're going to receive a payment.

sandykho47

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i use 6 address

3 active, 3 passive Grin

lot people use less than 5 address Grin

Quote from: bigasic on August 07, 2014, 08:19:36 PM

A casual user probably has a 100 or so, if they use bitcoin core, if they use it a lot, then the amount could be in the thousands..

How can a people use a lot BTC address Huh

If exchanger have lot BTC wallet, it's normal.

Godye Scaro X9

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Quote from: Koko on August 06, 2014, 04:37:20 PM

Quote from: dadaas on August 06, 2014, 04:20:23 PM

Quote from: Koko on August 06, 2014, 04:16:59 PM

Quote from: dadaas on August 06, 2014, 04:00:35 PM

Quote from: Koko on August 06, 2014, 03:48:10 PM

If you include all the addresses I had on various exchanges, I have probably used at least 250-300.

Well I didn't count my addresses on exchange sites because I don't consider them part of my wallet.

I suppose that's true since the address might be yours, but the wallet still belongs to the exchange. I would still technically consider them as my BTC addresses. Without them I would say I used roughly 100+ addresses.

You've got that right. It could be considered your address in exchange's wallet.

No matter how much security an exchange offers, it always makes me uneasy keeping my coins there for an extended period of time. Nothing beats having your own wallet.

I used to think that too. That is, until I entered the world of altcoin trading. Compared to setting up wallets, it is so much more convenient to just have the coins sitting there on an exchange. Especially if you are a speculator. I know it's not good security-wise, but I can understand why exchanges are such a popular place to store one's own coins.

deepestfear

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Maybe 50 to 100, used and unused

TrailingComet

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I have three, but then again I am a small holder
3 to 5 used addresses would be my guesstimate as to the average

rz20

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I have around 50 and use mostly 6

bigasic

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A casual user probably has a 100 or so, if they use bitcoin core, if they use it a lot, then the amount could be in the thousands..

ShameOnYou

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Quote from: Kprawn on August 07, 2014, 09:16:26 AM

I have about 100 of them, because I created a lot of "fake" addressess for "Flytraps" - If they are triggered, I know someone compromised my computer, or have access to my home.

How much bitcoin do you have in each of your "flytrap" addresses? Do you have the addresses segregated for various vulnerabilities (physical access to your home, access to your computer, but physical and remove, ect)?

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