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hexwin

Do you use one or more Bitcoin addresses?

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No, I only use one bitcoin address, I don't use much, because I see one bitcoin address is enough and I don't need two or more.

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I don't think that we can use more than one address, because this is much safer and makes things better, too. I prefer using more than one address

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On 10/22/2019 at 12:54 AM, hexwin said:

You trust to much on your  'excelllent protection' two installed antiviruses to protect you from hackers....
but in fact they can't do that...Antivirus protects from viruses not hackers.

Blockchain is transparent, but that does not mean you have to expose your identity...

once you are having bitcoin wallet focus on is honest free subsequently why dont we create other and practice them to be reliable
 

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4 hours ago, Fabrick said:

I am using four Bitcoin address to store my Bitcoin safely from hackers. Because Bitcoin is not safe to hold in one wallet the hackers trying to trace our BTC so we have to use many address

Four addresses is not ideal for your security because you should not use any address more than once for every transaction. By using four addresses, you can only make 4 safe transactions and from 5th transaction, you will be tracked by hackers. The solution is to keep creating new addresses for your wallet but you can keep your old addresses too in case you need to have a look at your transactions history. You can generate unlimited addresses for your bitcoins.

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I only use one address and make sure no one knows it.I do not want to make my information publicly leak out.So i am keeping my all wallet addresses hiden and information.

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On 10/23/2019 at 6:20 AM, bliznec said:

When registering on the exchange exchange, a bitcoin address is issued here and use this in the future. There is no need to create a second address on the wallet

anyone can evidence and tell the quantity you be in debt which is identical hazard and a short time ago like screening your store tab weighing scale to the world
 

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5 hours ago, John the Legend said:

Well i only use one address because here in my country we have local wallet that requiring all user to use one account only and also one bitcoin address this is because of regulation so that no bitcoin enthusiast will  not evade the tax. 

Very interesting to hear your story, friend. Where do you live? I think you are lucky to be able to live in a place that legalizes cryptocurrency. So is it just one address for all transactions? This means you are using a new wallet and create one address.

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On 10/19/2019 at 6:49 PM, hexwin said:

Do you use only one or more addresses for Bitcoin?

You should know that using only one address makes you much more easily tracked by anyone,
so best way is to always generate new address when receiving Bitcoin.
This is something everyone can do very easy, and makes you much more private when using Bitcoin.

What do you think about this?

I always use multiple address for every new bitcoin transaction, This is to ensure proper auditing of different BTC transaction. Also to keep track on my earnings from different website and exchange.


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On 10/19/2019 at 11:49 AM, hexwin said:

Do you use only one or more addresses for Bitcoin?

You should know that using only one address makes you much more easily tracked by anyone,
so best way is to always generate new address when receiving Bitcoin.
This is something everyone can do very easy, and makes you much more private when using Bitcoin.

What do you think about this?

Well I have been using one BTC address for all my trading transactions ever since when I started using one BTC address I have not been hacked by any scammer I never knew it's that risky to use one BTC address  now I will endeavor to create more bitcoins address

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Yes some exchange platforms provide features to create a new address for bitcoin or altcoin and some do not. I use 3 exchange wallets so I keep all my finances in 3 bitcoin wallets. And this is my way to prevent losing all my finances.

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Coinbase / Blockchain Wallet / Coinomi Mobile Wallet can generate more wallet but here in my country local wallet can't generate wallets that's why I'm only using 1 bitcoin address. 

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23 hours ago, aneukmanok65 said:

Like each person said! never placed all your eggs in a single basket! and having one cope with to store you Bitcoin may be extra fragile to you. Having bitcoin pockets address is just free so why dont we create more and use them to be more secure? three or greater wallet cope with is the excellent to have!

Yes right ,we still have to have a backup Bitcoin wallet and after all we do need some wallet addresses to save for invest to be used and for trading and just in case. Its also part of get around a digital thief to secure our Bicoin.

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Well I definitely have more addresses than just one. I mean i have an account in almost all known trading exchanges, that gives me one bitcoin addresses, and hence if I have account in 10 exchanges I have 10 bitcoin addresses, and it must the case for almost all the people. 

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It is better to use more than one bitcoin address because this increases the level of protection and not being tracked by anyone. I personally use more than one address for each exchange.


I am very happy to be here to help everyone,
If you benefit from my comment, do not forget to click on  ❤️

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Yes i agree with you that this thing create a risk diversification plan for you. In my opinion if your crypto wallet account password strong and enable all security function then you don't need new bitcoins address. This is for those person who has more bitcoins transaction.

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2 hours ago, Musau said:

I use just one bitcoin address, so that i should not get confuse when trading

Yes and it is also a good idea for those who are new in the crypto market because the most of the beginners have not any experiences to use the more bitcoin wallet or addresses.

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On 10/19/2019 at 4:24 PM, iloveyobit said:

i have 2  bitcoin wallet adresses but i dont use them anyway , i keep my money in exchanges cause they are more secure and to trade with them too ^^

I agree with you i also keep my money in exchanges because they are more secure and to trade with them too

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22 minutes ago, Ashkwik said:

I agree with you i also keep my money in exchanges because they are more secure and to trade with them too

In fact, storing currencies in external portfolios is the most secure because they are not connected to the Internet, while platforms are vulnerable to hack at any moment.

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I just use one Bitcoin cope with.but i have a number of bills on one of a kind exchanges so i suppose it wouldnt be that clean to follow me.

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On 10/19/2019 at 6:49 PM, hexwin said:

Do you use only one or more addresses for Bitcoin?

You should know that using only one address makes you much more easily tracked by anyone,
so best way is to always generate new address when receiving Bitcoin.
This is something everyone can do very easy, and makes you much more private when using Bitcoin.

What do you think about this?

In my case, I am currently using 3 bitcoin addresses as I separate my money in order to lessen the risk in losing all of it once the wallet will be hack. 

 

Aside from that, I am also doing it in order to check if what is the best wallet that I can assure that my funds is at least 90% secure from black hat hackers. 

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Yes you are right, using multiple Bitcoin addresses increases the protection of our privacy, but I wonder what if someone knows my Bitcoin address, what is the problem with that? Bitcoin network is impenetrable and cannot penetrate my wallet by knowing the address.

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I think it is always better to generate new address and not to reuse the old one as well. Privacy matters and personally while I have nothing to hide and no illegal activities done ever, I don't want everyone to be able to know exactly how much I own in crypto. This does not happen with banks and I can't possibly look into an account as there are privacy issues and laws involved. 

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I hadn t thought about this before, but the reason is that the price of bitcoin was low at that time and people could buy it easily. Maybe the reason is also that some people were expecting a high price and had confidence in the future of bitcoin and cryptocurrencies at that time

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well i have 1 bitcoin address for my saving and i also us just platforms bitcoin addresses cause i trust platfrorms which i use and don't neet to have several bitcoin wallets/ just one for saving and others on platform.

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Yes, I use two cryptocurrency addresses. One is the normal bitcoin address and the second one is the legacy wallet address that starts with bc1. In my purchases with Bitpay, I have to use my address starting with bc1. The system does not accept another address.

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