Silk Road forums

Discussion => Silk Road discussion => Topic started by: homersimpson on July 09, 2012, 06:54 pm

Title: What's the purpose of being able to get a new BTC address
Post by: homersimpson on July 09, 2012, 06:54 pm
Also should you do it?

Thanks
Title: Re: What's the purpose of being able to get a new BTC address
Post by: sdesu on July 09, 2012, 07:29 pm
You might want to explain what you mean. There are a bunch of different possibilities in regards to what BTC addresses means, like Instawallet, Bitcoinfog, SR account wallet, Bitcoin-Qt.

sdesu
Title: Re: What's the purpose of being able to get a new BTC address
Post by: mahalo on July 09, 2012, 08:27 pm
He is probably referring to the ability to change the address to which you receive your BTC in SR. I was wondering about that too ... my guess is for security reasons, not having all your bitcoins you may accumulate come in over the same address?!
Title: Re: What's the purpose of being able to get a new BTC address
Post by: sdesu on July 09, 2012, 09:27 pm
Thanks for the clarification, Mahalo.
I do not believe there is a way to change your SR BTC address. However, if you're uncomfortable having all of your BTC on your SR account, you can always keep them in an external wallet and import them into SR only when you are going to be purchasing something.

sdesu
Title: Re: What's the purpose of being able to get a new BTC address
Post by: ilovelsd69 on July 09, 2012, 10:35 pm
Thanks for the clarification, Mahalo.
I do not believe there is a way to change your SR BTC address. However, if you're uncomfortable having all of your BTC on your SR account, you can always keep them in an external wallet and import them into SR only when you are going to be purchasing something.

sdesu

I think he talk about the address that you deposit your Bitcoins (3Nwe9vpSj1knFT79qpZkb4mt1AYhK27ws), you have to understand a bit how the Bitcoin economy works, this is an economy based on trades. You can buy numerous things with Bitcoins (Not just drugs!) they are web hosting providers that accept Bitcoins and some other legit shops too. So if you trade with XYZ people the deposit addresses will never be the same, i think SR do that as a way to blend a little more in the Bitcoin economy.