Pages:
Author

Topic: How many bitcoin address you have right now? why you have more than one? (Read 8021 times)

sr. member
Activity: 243
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
i don't know how much bitcoin address i have used, in this moment i have about 5 or six wallet whit btc in.
hero member
Activity: 714
Merit: 500
I use more than one bitcoin address, because its more secure so you cannot get hacked.
Many people are doing I also have multiple steps to login in my wallets, so it cannot get hacked easy.
full member
Activity: 182
Merit: 107
Most people btw have at least 50 addresses - clients generate them ahead of time, you just don't see them until you need them.

For example, when you ask bitcoin core to make a new payment address for you, the one it gives you it made some time ago and the one it makes you don't see, just added to the cue.

This is done so that when you back your wallet, it backs up addresses you haven't used yet.
full member
Activity: 182
Merit: 107

A bitcoin address is an invoice number.  It's a way to keep track of a specific payment request.  Therefore, it doesn't make any sense to re-use bitcoin addresses. I use a new address for every transaction, so by now I probably have several hundred bitcoin addresses.


That's a great way to explain it! I to have several hundred addresses from different transactions.

Except it doesn't include donation addresses which usually are re-used, unlike invoice numbers.
hero member
Activity: 756
Merit: 500
I have 4 wallets, 2 online wallets for daily use and 2 cold wallets for storing my bitcoins.
hero member
Activity: 630
Merit: 500
I have around 5 or so offline and use only 3 active addresses across different devices. This is of course not including any auto generated change addresses.
full member
Activity: 368
Merit: 104
I have around 6-7 addresses in blockchain.info, The reason of it being more than one is nothing specific, It's easy and simple to generate a new address and wanted a bigger variety IMO.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I have few addresses in different wallet types. I always prefer to have more wallets than sticking with a single wallet. I believe this is minimizing my risk even with cold storage. I do have exact address count.
hero member
Activity: 756
Merit: 500
Several, some have only a little bit.  I like that some wallets give you a new address everytime for new transactions.  Just feels better to not have everything in one place.
legendary
Activity: 896
Merit: 1000
i used to have around 5 to 8 different bitcoin addresses as cold wallet, but i have sent all the coins in these addresses to just 3 wallets just to make it easy to manage. and for sending and receiving transactions i nowadays use a different bitcoin address every time. if you have a lot wallets it takes quite a bit of your time to make different backups of all the addresses.
legendary
Activity: 3094
Merit: 1127
I have quite a few bitcon address. I use one for each transaction. I will not use the address for long time to have privacy.
hero member
Activity: 756
Merit: 500
I have 2 wallets, i actually had one on xapo but just because some websites doesnt support xapo wallet so i had to make another on blockchain.info, so now i have two.
member
Activity: 79
Merit: 10
When whatching some videos about bitcoin i came to know there is lots of address can be made for bitcoin almost unlimited. So creating many addresses doesn't seem to affect bitcoin network.

I have around 3 address 2 of those are cold wallet address and 1 main everyday hot wallet. I have Cold wallet to store in safer place and stop me from spending madly in gamblings.


How much bitcoin address do you have and why you have to create more than one address?

>100. Because I can not imagine how you keep track of things with just a single address. For every deal (except low value) I generate a new address and usually for long term deal (e.g. sig campaigns) a new address monthly. When I see an incoming payment on the address I labeled with "vanitygen Quickseller x 20" I know who paid me for what. How do you do this with just a single address?

The other thing is, with the high number of addresses its difficult for someone to know how much bitcoin I have in total. If you just have a few its pretty easy to find them.

What I do is also pretty much it. I have several adresses in my Mycellium wallet, and for each one I have a proper tag that helps me readily identify where those transactions are coming from.
sr. member
Activity: 294
Merit: 250
I also have more addresses, but I found the highest challenge is not linking my adresses together when spending. Doable, but it needs additional effort.
legendary
Activity: 3094
Merit: 1127
my xapo wallet address always change each transaction. doesn't it count as more than one
but i only have one wallet

That is more than one address.

I have more than 20 wallets. In each wallet, I use many address for different transactions.
hero member
Activity: 1190
Merit: 500
I have more than 30 BTC addresses. I dont want anyone to know how much I have.
yeah better to have many addresses,
more confidential and anonymous, there is no prohibition also wear a lot of addresses
I have more than 100 addresses
hero member
Activity: 532
Merit: 500
I choose more than 10 bitcoin address .. I chose to use many addresses as to ensure the safety of my main bitcoin address.

I also had address more than 10. yes some special address for some income. like Special for play gambling, investment or trading and other.
legendary
Activity: 1526
Merit: 1001
I choose more than 10 bitcoin address .. I chose to use many addresses as to ensure the safety of my main bitcoin address.
legendary
Activity: 3472
Merit: 10611
i have multiple addresses that i have lost count of them. they are mostly from old addresses that i have used over the years.

i also have around 10 fixed addresses for cold storage, receiving faucet payouts, receiving other payments like signature campaing and an address to spend from on my online wallet.
newbie
Activity: 45
Merit: 0
my xapo wallet address always change each transaction. doesn't it count as more than one
but i only have one wallet
Pages:
Jump to: