[raaman]

Hello friends,
What is this bitcoin address?
Is it something similar to email address?
Is one bitcoin address enough for dealing with all the online bitcoin activities?
Which is the most trusted site to get this bitcoin address?
Please share your knowledge and experience. Thanks.

[nela13]

I still learning about bitcoins but for what I understood you need a bitcoin wallet first, then you have to download a program that generates automatically your bitcoin address and it is that address that you give to receive your bicoins.

[raaman]

bitcoin wallet first

Bitcoin wallet first? Which is good site for that? Any idea?

[nela13]

bitcoin wallet first

Bitcoin wallet first? Which is good site for that? Any idea?

I will create mine in Coinbase.com, for what I read this is the most reliable one Then I need the program that create my bitcoin address, I don't know if it is given by coinbase...

[Happyland]

Bitcoin address is what is used to send and/or receive payments in the bitcoin currency. It is typically a series of numbers and letters. Use an encrypted address which is associated with a passphrase. Their are different varieties of wallets. Some are online (web-based), others are on your computer, while others are neither online nor on your computer--paper wallets. Keeping a piece of paper safe is easier than securing a website or your computer. I believe GitHub and bit address dot org will allow you to create a paper wallet. There are even devices that store your bitcoin such as trezor. You can even store them on a usb stick. There have been a lot of sites offering wallets. Some good ones that come to mind are zapo, blockchain, coinbase, multibit, armory, coin .ph etc. There are also many wallets that are popular for certain locations around the world. It is safer to use more than one address.

[jackchun]

bitcoin address is a series of numbers, similar to email address.
one bitcoin address should be enough
there is no most trusted sites, I have joined a lot of trusted sites and they are trusted in same manner in my opinion.

[raaman]

I will create mine in Coinbase.com, for what I read this is the most reliable one Then I need the program that create my bitcoin address, I don't know if it is given by coinbase...

If so, I may also go with coinbase.com. I think our friend @suny has also once recommented this site. I will just check up that. If I am correct, no program is needed for creating bitcoin address. Anyway, people in the know may correct me.

[nela13]

Bitcoin address is what is used to send and/or receive payments in the bitcoin currency. It is typically a series of numbers and letters. Use an encrypted address which is associated with a passphrase. Their are different varieties of wallets. Some are online (web-based), others are on your computer, while others are neither online nor on your computer--paper wallets. Keeping a piece of paper safe is easier than securing a website or your computer. I believe GitHub and bit address dot org will allow you to create a paper wallet. There are even devices that store your bitcoin such as trezor. You can even store them on a usb stick. There have been a lot of sites offering wallets. Some good ones that come to mind are zapo, blockchain, coinbase, multibit, armory, coin .ph etc. There are also many wallets that are popular for certain locations around the world. It is safer to use more than one address.

Thank you so much @Happyland for this explanation. I have already made my registration in coinbase but I haven't completed it yet due to my doubts.

[jackchun]

it is now a disaster on bitcoin, where will everyone save your bitcoin for securing your bitcoin being losing all ?

[raaman]

Bitcoin address is what is used to send and/or receive payments in the bitcoin currency. It is typically a series of numbers and letters. Use an encrypted address which is associated with a passphrase. Their are different varieties of wallets. Some are online (web-based), others are on your computer, while others are neither online nor on your computer--paper wallets. Keeping a piece of paper safe is easier than securing a website or your computer. I believe GitHub and bit address dot org will allow you to create a paper wallet. There are even devices that store your bitcoin such as trezor. You can even store them on a usb stick. There have been a lot of sites offering wallets. Some good ones that come to mind are zapo, blockchain, coinbase, multibit, armory, coin .ph etc. There are also many wallets that are popular for certain locations around the world. It is safer to use more than one address.

Thank you for the detailed information. Now, I intend to do something in this direction.

[iyanpol12]

I heard some negative reviews recently about Coinbase so I am not using it. I prefer using our very own coins.ph.
By the way, Bitcoin address is not an email address. It is the alpha numeric characters which you can also see the barcode. Usually, it has lots of characters.

[chaz]

What is this bitcoin address?
It is a wallet code for bitcoins.

Is it something similar to email address?
If you say so, than private key is a password.

Is one bitcoin address enough for dealing with all the online bitcoin activities?
Nah, better use many. They say it is safer.

Which is the most trusted site to get this bitcoin address?
I think paper wallets are the safest and cold storage vaults.

Please share your knowledge and experience. Thanks.
I don't know much and I am still learning.

[raaman]

one bitcoin address should be enough

did you mean to say that one bitcoin address is enough for all purposes including receiving and making payments?

there is no most trusted sites, I have joined a lot of trusted sites and they are trusted in same manner in my opinion.

The first part of reply contradicts with the second! What you exactly mean to say?

[ahmedo24]

Bitcoin address is like your local bank account number. It is used to make bitcoin transactions. Having a wallet app is nice idea but make sure you activate 2FA ( two factor authentication) using your phone number. This is necessary for maximum security of your coin and make sure your device is not rooted.

[raaman]

but I haven't completed it yet due to my doubts

What are your doubts? Please state the same here. There may be people who can clear your doubts and thus every one of us here will be benefited. A forum is a place for discussion.

[jackchun]

But after 1 August, don't know if there is any different. the new currency seems to be bitcoin cash

[raaman]

I heard some negative reviews recently about Coinbase so I am not using it. I prefer using our very own coins.ph.

You heard or read? What are those negative reviews? Share it here so that it may be helpful to others. By the way, is your "very own" coins.ph 100% safe and secure? Have you googled it for any negative review?

[ItalianMunchiez]

I thought bitcoin was a deep web currency, besides i could never figure out how to use it.

[raaman]

I don't know much and I am still learning.

All of us are like that only and as you know learning is a continuous process.

[chaz]

Bitcoin address is a wallet where you keep bitcoins and by necessity transfer it to a local currency.
Many countries already already have the bitcoin ATMs so the service is quite dynamic and fluent.
I don't have any remark.