Bitcoin Forum

i've been following this whole bitcoin thing for a while now and i finally caved in. i own 1.5 BTC now and have already lost money. regardless, i live in new york city and have a decent job so i am by no means claiming to be "poor" (still living paycheck to paycheck but it's worth it)

i had a couple questions

1) is blockchain only a "wallet site"? or can i buy/sell bitcoins on there. i keep trying to click the "markets" tab but it doesn't take me anywhere.

2) for those who do use blockchain, how would i go about transferring my bitcoin (and a half) to an exchange such as mt. gox - because so far it doesn't seem like i can even do that.

3) how useful are these asic bitcoin miners? i want to preorder one because i have a powerful computer but i feel like buying an external miner would be helpful. i've done my fair share of research with hashing and feel like a miner would be a decent investment.


disclaimer: i really do like the idea of bitcoin - i am by no means an engineer or programmer but as mentioned, i want to become part of the bitcoin movement and wanna get to know a little bit more before i go ahead with depositing more money and investing in a miner.

for those who are super high rollers in the bitcoin game, i would appreciate any donation (i know how pissed you people get about these things, sorry) so i can start building an efficient mining machine and hopefully move from a newbie to an actively contributing/distributing member of bitcoin.

any advice/suggestions/comments would be appreciated! i know this isn't the first thread like this but i will have a sense of relief in my mind if i get personal responses on here lol

thanks everyone

1. http://blockchain.info/ provides a wallet (and lots of data about the bitcoin transactions). The "Markets" tab used to be a version of what you see at http://bitcoinity.org/markets (just reporting activity on exchanges, it's not an exchange).

2. I don't use a Blockchain wallet but I think the generic process is to establish at account at an exchange and then use a receiving address at the exchange to send from your wallet (or you can initiate the transaction at the exchange but putting in your Blockchain wallet's sending address.)

3. I don't know anything about mining but have heard that if you only order an ASIC now, by the time it ships, most of the financial benefits will have already passed you by.

If you are really looking to mine check out http://litecoin.org/   You dont need a super computer to mine them. Just download and start running a program