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Topic: How many bitcoin address you have right now? why you have more than one? - page 4. (Read 8021 times)

hero member
Activity: 728
Merit: 500
I have a very small number of addresses because all my coins are in cold storage.  I don't actually use bitcoin .
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
How much bitcoin address do you have and why you have to create more than one address?
They say it was said by Satoshi to "use the address once and discard it " ,other than that it is much difficult for people to track you and you could keep track of all the deals you have ever done (by labeling the address) if you create a new address per transaction.
I got around 400~ maybe.


I do not know how people are managing many bitcoin addresses. I have created 10 addresses using multibit, but 7 of them still unused. I do receive facuet payments and my signature campaign payments are all in one address and I could not find any advantages of using many addresses.

If you only receie payments from the same source then it would not make a big difference. But handling many addresses is not hard. You would be able to lable each address with the actual trade that happened. And you don't need to care about old addresses anymore.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
3 Addresses, Just because it's very easy to make more than one, no specific reason for having more than one though.

Oh there is. Or would you place a list with all your transactions at the door of your flat so that everyone can read everywhere where you sent money to or received money from? Allowing that different bitcoin addresses are connectable leads to you letting everyone know where you are involved. If you tipped some cammodels, you took part in ponzies or whatever. It could be seen relatively easy.

Check out walletexplorer.com. They try to find out which addresses belong to which website and wallet. Maybe you already can find more about you than you thought.
hero member
Activity: 532
Merit: 500
if you player faucet, certainly you have a lot address maybe 50 more, you know what i mean  Grin
sr. member
Activity: 448
Merit: 250
I own just 5. 1 for payments, 1 for savings and 3 for a combination of the above. I don't feel the need to get a lot of addresses right now. Maybe if we can have more causes i.e. spending etc. i will add some more.
legendary
Activity: 1174
Merit: 1001
At least 50.  I use multiple services for different reasons, and have always labeled addresses based on where they are deposited from.  I keep certain mining addresses on one wallet for tax purposes, and I have addresses for cold storage as well as exchange addresses.  

legendary
Activity: 1568
Merit: 1000
I have like 3 in different systems but my main one is from Xapo as of today and we all know they use dynamic ones so I don't really have access to it if I wanted to.

I recently have sent micro earnings directly to betting site address to avoid dealing with all the hassle back and forth. It's not much of course but I bet some and see if I hit a jackpot once in a while hehe.
legendary
Activity: 1401
Merit: 1008
northern exposure
I have some of them ofc, you know 1 for "daily things" and the rest to try to keep safe some of my satoshis  Wink

Btw i´m not counting here all those from exchanges etc etc, so why i have more than 1? so simply, because i think that is really needed, well maybe you dont need to have 3k of address but at least few of them for different purposes are needed IMHO.
hero member
Activity: 812
Merit: 500
I am using just 3 addresses from my starting days because I feel its not good idea to have many addresses but now after reading some posts from Danny Hamilton thinking to use new address for every transaction is much better idea
legendary
Activity: 1120
Merit: 1004
If I count every single address that has funds on it, I'd say that I have around 20 addresses. I don't have so many to don't be tracked (I don't care if people know how much I own) but because I like to have a defined address for a defined purpose.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
I can't even count the amount of addresses i have. In 2011 i first installed bitcoin client, and i found it interesting that you could create countless amounts of addresses - so i
did just that. It had no worth to it, it was just a bunch of empty addresses. Don't know why i wanted to have more than one, probably just to differentiate and monitor different deposits more easily i guess.

cheers
hero member
Activity: 636
Merit: 500
Unlimited. I use different addresses for different places. Satoshi want us to use different addresses for every transaction. It's the nature of Bitcoin. There are infinite Bitcoin addresses, why use only a dozen?
legendary
Activity: 1274
Merit: 1000
i have 3 bitcoin address right now..
the primary one for campaign and trading
the second one for faucet and games
and the last one for gambling
sr. member
Activity: 350
Merit: 250
I have for now 2 bitcoin address the one is just my personal and the other is just to learn about bitcoin.
I am just trying to get more infomartion about it.
hero member
Activity: 994
Merit: 500
I have 1 bitcoin address that is my main and I just put there some bitcoin for business stuff.
I have more bitcoin address or other wallets, because if something is go to happen with my bitcoin than I have at least the others.
sr. member
Activity: 412
Merit: 251
I can't label transactions after they've been made, so I name an address basically per transaction, so if I ever want to check or find a past transaction, I can just find the address I labelled for that transaction
sr. member
Activity: 249
Merit: 250
I got only 1 on blockchain, but now I'm expecting some large amount of btc so I think I'll store it on desktop wallet
hero member
Activity: 532
Merit: 500
At this moment I have 0.2 worth of bitcoins , I won it at a raffle promo.
Um.. excuse me sir, the OP asked about how many BITCOIN ADDRESS do you have, not how much Bitcoin do you have.

I only have 1 bitcoin address
It's totally not safe for you, if someone hack your wallet or maybe you lost the private key then you will lose everything.
lol I just know, if you have only 1 address, its very risky and not safe  Roll Eyes
Well, having one address doesn't mean it isn't safe, it just means that if anything happens to that one address that it would affect his entire wallet. If he knows what he is doing, one address will be all he'll need. People just suggest multiple addresses for the partially increased anonymity and the ability to divide your funds among the wallets to prevent you from losing all of your funds if something happens. You can have 5 addresses on one hard drive and if the hard drive gets corrupted or is damaged, that's the end of the entire set of funds.
This reason can be accepted, 1 address does not mean unsafe, but I prefer to many addresses, for more anonymity
legendary
Activity: 1302
Merit: 1027
i have got what some 10 or above bitcoins address with me and online web wallets are creating each address for each sent bitcoins so i dont have count of how many address i have got. some i kept for my savings which i dont touch and some i kept for doing gambling purpose so that if tha address are hacked i wont get any problem.
full member
Activity: 224
Merit: 100
I've got about 100 because when I first started btc I didn't understand exactly how it worked so spammed the new address button to try and get one I liked.

you created addresses until you found one you like? haha never heard of that before

Hahaha yeah when I start opening my first online wallet I was just why this address I don't like it.
Then I was like oh well lets experiment this wallet I don't really like it. But I make a new and that one was my main now Cheesy
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