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Is it safe to give out your bitcoin address

Posted by Jugal

The BTC wallet address is like this: 1ExAmpLe0FaBiTco1NADr3sSV5tsGaMF6hd This address is safe to share with anyone and will allow them to send you coins. Without the other information the best they can do is view the amount of coins you have at that address. Each is well advised, is it safe to give out your Bitcoin wallet address to give a chance, of which i am Convinced. This Article of promising Products how is it safe to give out your Bitcoin wallet address is Annoyingly too often only temporarily available, there naturally effective Products at some Manufacturers reluctant seen are. If you it. Many marketplaces called “bitcoin exchanges” allow people to buy OR cozen bitcoins using different currencies. feuerwehr-matzenbach.de is a directive exchange, along with Is giving your Bitcoin address out safe. just security posterior be a concern: bitcoins worth tens of millions of dollars were stolen from Bitfinex when it was hacked in

Is it safe to give out your bitcoin address

Can someone steal my bitcoins if I give them my wallet address? – Bitcoin India Inc

To prove that you are the rightful owner of the lucky wallet, please reply to this email and send us your mnemonic the long string of words generated randomly when your account was created After verification, your wallet will be credited instantly with the 50 BTC. Active Oldest Votes. If they actually just wanted to send you money as they claim , all they need is your address. Tim S. A legit reason for verifying the adress first is to prevent sending 50 BTC into nirvana, when you don't have the private key for the adress anymore.

But what I think the sender of this email is might be trying to do is the following: Collect BTC loaded public addresses. Run with brute force common phrases, or even with common words to crack it Collect any BTC with addresses which have weak private keys. Besir Kurtulmus Besir Kurtulmus 5 5 bronze badges.

Even simpler, the scam is simply asking for the original seed used to generate a deterministic private key. No brute force needed, they'll simply steal your money if you give them what they ask for. Sign up or log in Sign up using Google. Sign up using Facebook. Sign up using Email and Password. Post as a guest Name. Email Required, but never shown.

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Okay so I want to know and test out my bitcoin wallet. I have the address where I can either purchase coin's or someone could send me coin's for a payment. Is it safe for me to display my bitcoin address on reddit? Or Is it safe to do a fundraiser by telling people my bitcoin address on where to send bitcoin's to help pay for hospital bill??? I want to start a fundraiser for my brother using bitcoin. I am not sure if its safe to give out my wallet info. My brother is a PHD student and is in debt in loans.

He will finish his PHD in cultural anthropology very soon next year. He was born with crohns disease and has been doing great following his new treatment. I am quitting everything important in my life to raise money for him and I don't want to put my wallet info anywhere that can be compromised. I have followed bitcoin's for the past 2 years but have never done anything besides downloading a wallet 2 years ago and reading into mining.

I see the value of the cryptocurrency in so many different ways, and I think raising money from all different sources including bitcoin would be helpful. Any information would be amazing. OR any ideas on treatment or methods of raising money or anything would help. He doesn't know I'm doing this and explicitely told me not too because he does not want any FREE handouts. I have to I have an obligation and I need to do everything in my power to make sure he is healthy.

Thank you. You can display the public key. That's what people will donate to. Is that my private or public key? If it starts with a 1, it's your public address. If it starts with a 5, it's your private key.

It's safe to post your public address, but everybody can see how much money was sent to it. Okay so if its a 1 then its safe to give out. I plan to make a webpage with all information on it. As well as print flyers and whatnot with all info on how to donate and info on who your helping and all information. But don't trust a stranger on the internet when it comes to bitcoin. Better do your own research or you will lose your coins one day.

Good luck! I downloaded my wallet 2 years ago. I don't even remember setting up a private key or password or anything? Ya I did I just created a coinbase. I obviously don't want to give out the wrong info. I will do what you said and ditch my old wallet which obviously is old and outdated like you said. Keep the private key for that wallet, just in case I've heard it's prudent to never discard a private key On Coinbase. Okay so if I download a second wallet is it safe to give out the code to almost anyone to send money too?

Keep in mind I don't use my first wallet ever. I have not. I was originally looking into bitcoin's for investment purposes 2 years ago, but now I see the value of it from fundraising to security to everything. You don't need to download another wallet. You can make as many addresses as you want in a single wallet. If you haven't used this wallet from 2 years ago, you should download a more up-to-date wallet.

It's safe to create bitcoin address es and give them out. Just don't lose the private keys to the address es or you'll never be able to access any of the bitcoins sent to the address es. Create a website and try to get publicity, I guess.

But don't expect that just because you're using bitcoin that you'll get a lot of donations, especially here. There are a lot of scammers out there and from our point of view you could be just another one. Thanks a ton! I'm not expecting any donations here I'm more or less trying to figure out the difference between a public and private key.

How can you tell the difference? Thanks for the advice and info much appreciated. The public key is your bitcoin address. It will start with a 1 or a 3 and be about 30 characters give or take in length.

It's completely safe to share. The private key is somewhat longer usually - there are exceptions for different private key formats and is not readily displayed in most wallet software.

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The Documents with regard to the Effectiveness of is it safe to give out your Bitcoin wallet address both are from Company as well as from Consumers confirmed and can as on Homepages and in Print found be. Up until late Bitcoin was the cryptocurrency, and. It's safe to create bitcoin address (es) and give them out. Just don't lose the private keys to the address (es) or you'll never be able to access any of the bitcoins sent to the address (es). Create a website and try to get publicity, I guess. Each is well advised, is it safe to give out your Bitcoin wallet address to give a chance, of which i am Convinced. This Article of promising Products how is it safe to give out your Bitcoin wallet address is Annoyingly too often only temporarily available, there naturally effective Products at some Manufacturers reluctant seen are. If you it. Tags:Bitcoin trader dragons den peter jones, Mining bitcoin with phone, Online retailers accept bitcoin, Bitcoin sergio marlon, Bitcoin knowledge base

1 thoughts on “Is it safe to give out your bitcoin address

  1. Shagul

    I regret, that I can help nothing. I hope, you will find the correct decision.

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