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Topic
Board Beginners & Help
Topic OP
Basic questions after first purchase
by
lovethepirk
on 05/05/2014, 20:52:53 UTC
New user of bitcoins as of today.  So far I have done this:

I went to blockchain info and got a wallet address, identifier, catchphrase
I went to coinbase and verified my checking account and phone number
I bought a quarter of a bitcoin as a test
Coinbase said it won't be until Friday I have my coin, I'm not thrilled there but I ain't in a hurry.

A few newbie questions....thanks: Huh

1) how does coinbase have my wallet address I never gave it to them?  There is a tab on coinbase titled 'wallet', I just don't understand how they have my address when I never gave it to them.
2) On blockchain I have a catchphrase, identifier, and address.  Do I need to make damn sure I don't lose any of these, which can you lose and be okay?
3) When I buy something online is my transaction public knowledge?  I ask b/c I see transactions being posted all over the place?  It appears it is public knowledge but I thought bitcoin was partly for privacy, but I'm a rookie here so please slap me with a fish across my face.

thx