Bitcoin Forum

Can someone please help me with bitcoin? i have not registered yet and its confusing me what to go for like desktop, web, full etc. I am so confused with this. Just want an account that i can use to receive payments from people. Further i would like to know how safe and anonymous it is.

Thanks

using an online service is not as secure or anonymous. many people only use the online services purely for "daily spend" small amounts, when you dont want to carry a computer around with you just to buy little things and not recommended to put your entire long term holdings on these third party(web) services

if you are looking to collect and hold bitcoin long term or will hold more then you are prepared to lose. then it is best that you use a desktop wallet.
something like electrum, multibit are the two main ones to use for casual non-technical users.
but the most important thing is to keep the privatekey/seed safe. back it up on paper and do not lose it.

if however you want to become fully involved with helping to be part of the network and want to know the technical side of it then running a full node would be the one. but this is usually only for the more advanced users

https://bitcoin.org/en/choose-your-wallet
this link above should help guide you.

I recommend Electrum for newbies. As far as anonymous, it is not really anonymous unless you mix the coins before purchasing something so the trace of your address is broken, then they can't know who bought something.
You can use bitcoinfog or helix or bitmixer over Tor for best results (be sure to use the correct onion url)
But even if you don't mix coins, it's generally anonymous enough, no one cares about your transactions unless you are moving big money.

Well thanks for your replies but sadly m just a newbie and the more i try to learn about it the more i get confused and right now m just no where dunno what to do and where to start from and every time someone tries to help me they tell me some bunch of more application names and websites to confuse me more. I wish there were steps to follow so i could easily setup things. Fingers crossed

Don't panic or be confused. Once you start using bitcoins, it will be very easy for you, that you will stop other methods to receive payments. Just create a wallet in blockchain. Send the address to the guy who is going to send you the bitcoins. As easy as that.

Just take it slow with bitcoins and learn over time. No point to look at everything at once.

If you want to start small in bitcoins I would recommend you to get an online wallet like xapo or Blockchain.info. It is not as secure as an desktop wallet but pretty easy to set up.

This forum is also pretty good in getting a first understanding of bitcoins.

Maybe these kind of step by step guides come in handy? (didn't check quality):

http://www.instructables.com/id/Bitcoins-The-Complete-Guide/step3/Test-Your-New-Bitcoin-Wallet/

Thank you so much guys. You have been of so much help to me. So i should make a wallet first? xapo or blockchain? which one? Are these separate physical websites related to bitcoin too? and why are they not safe enough as some of you said its not safe. I surely wanna be steady with something once i make it. Keep guiding and i have high hopes just because of you guys around.

Thanks once again

Online wallets as Xapo are not secure because they do not give to their users private keys of their wallet, so you will not get your wallet if you lose it, or they can take your Bitcoins.
As online wallet that give private keys to their users, there are Blockchain.
But, downloadable wallets are more secure.

So which one has the most votes? Secure one and something i can settle on for once and for all? Blockchain? is it desktop version?
So you mean its risky in the sense that sometimes they eat up all your money too? Thats scary. How to do business on these websites then?

Xapo online wallet has no transaction fees, has special faucets, and has a pretty good design, that's why it interests most peoples, but it is not very secure, as I said above.
I advice you Multibit is one of the best downloadable wallets I know, but it have transactions fees.
If you want to download Bitcoin core, do it, but it synchronize each connection, and it can take a long time.

I think online bitcoin wallet blockchain.info is good for newbie. Easy for registration and really user friendly and until now i don't have any issue when using blockchain.

Yup blockchain.info it the best wallet to use, as its very safe and security measures are too good, you can expect your coins safe in that wallet, as I am using it since last 2 years, and everything is going fine.

But, for new in Bitcoin, which often do not have much yet, transaction fees can be high.
So, Xapo's still a good wallet for those who do a lot of transactions, but is not very secure.

You can choose whatever transaction fee you want in the advanced section when you click on "send" in blockchain.info. It's best to leave whatever default recommended fee they give up.

As far as OP goes, don't over-complicate things.

1) Download Electrum (be sure to save the seed which is the long string of characters that will give you access to the wallet anywhere you are, you just need to download Electrum in any computer and enter this seed and your wallet will appear)
2) Go to Localbitcoins
3) Find a reputable seller near you
4) Buy the Bitcoins
5) Send the bitcoins to your Electrum wallet

This is a video tutorial on step 1)

https://www.youtube.com/watch?v=WdVlH9N2oKU

1st Tell Us What's your objective in having Bitcoin currency. Is it for you to earn? For you to send money? So we can help you properly. Also before you can do transactions you must have a Bitcoin Wallet, For you too have a Bitcoin Address. Go register with Blockchain or Xapo.

Thank you so much for your replies  :D
I think talking to you guys have cleared a lot of misconceptions i had previously.
Basically i have payoneer and skrill cards and i own a business online where people get escorting services but i have not yet settled the payment procedure and still using western union so far but as you all know every time i have to receive payment from someone i have to tell them all my confidential information where as i am more concerned being discreet and anonymous in these things which is why i was told about bitcoin thing.

I though i will be able to receive payment from almost anyone online by telling them my payoneer bank account number and aba number but i guess it is not possible and their help desk has not yet responded to my that question either but if i opt for bitcoin i have to first look for the right bitcoin application and then use it to receive payments and then transfer it to my payoneer so i can get it withdrawn from the nearest ATM easily thats my plan.

So for now it seems like BLOCKCHAIN.INFO is good and safe n secure but has high transaction fee and XAPO has no transaction fee but highly insecure. Whats the difference between these three?   bitcoin core, multibit and xapo? and which one do you prefer in my case?

Thanks again for your replies again
Glad to hear from ya guys

Yes, I know we can change the transaction costs, but transactions become slower right?
Very good tutorial, I'm sure it will help.


He wants probably use Bitcoin as a simple currency like all of us.
But also earn, receive and spend money.


So, if you want to use faucets, which also do not earn much, and receive Bitcoins immediately from them, I advice you Xapo.
But, I will recommend you using Multibit, which is secure.

ok thank you so much for assisting  :)
So that means multibit is final. Is it desktop one or web?
What are the steps now and what details i have to tell my customer? and for how much time i can keep the payment safely in my wallet?
Moreover can i transfer my payments easily from multibit to Payoneer easily?

Thanks again  :D

Welcome to this world dude, bitcoin is coin/moeny so you do not have to registered to use bitcoin. You can just buy, maybe here you mean the wallet. I have something for you to choose best wallet https://bitcointalk.org/index.php?topic=1529378.0 (https://bitcointalk.org/index.php?topic=1529378.0) Thank you

Yes, I advice you Multibit, which is downloadable desktop wallet.
If you're not convinced, you can go here to compare different wallets:
https://bitcoin.org

Thanks for your reply. Much appreciated. So i just have to register and then download the application? and what link i will be telling my customer so he/she can make payments to my account? Secondly what is mining? I am starting to learn these things now. Feel like thanking you all for this. But the biggest problem still there that how to transfer from bitcoin to my payonner card.

bitcoin is a kind of money it is not a single wapsite. so o recive payments you need a wallet some desktop wallets are electrum,armory,bitcoin-qt . you will get a bitcoin address and you can use that bitcoin address like your account number that is your deposit address

Simply download Multibit Bitcoin wallet on:
http://www.multibit.org
When you install the application, you will find instructions on creating your wallet, when it's done, look for a tab with your Bitcoin address of payment, this will be the address where you receive your Bitcoins, you can create as much as you want.
For mining, just look here:
https://bitcointalk.org/index.php?board=14.0
To transfer the Bitcoins to your payoneer card, exchange them to dollars in an exchange website, and send them according to the payment method of the website.

Thanks a bunch
Thats sound pretty straight forward. I have yet to look whats mining so i will be learning that.
Thanks again. I will be trying multibit shortly. SO nice of ya  :)

What website to exchange bitcoins to dollars and sending them to payoneer?

bump?

anyone?
any way i could transfer my bitcoins to payoneer ?
guide me please

bump

anyone?

Hi, welcome to the world of bitcoin, the e-currency , read some threads, and joint signature campaign for you to earn more bitcoin, and play more faucet then save it and invest, goodluck for more bitcoin to earn.

Yeah join signature campaign because there still some signature campaign who are accepting newbies and there you can earn good amount of bitcoin that is a lot way better than earning faucet because they can't give you high amount of satoshi or even equal on how much you can get in signature campaign ::).

If you dont know a lot about earning bitcoins,or about bitcoins at all,just browse this forum for some time,you will learn but remember to post only quality posts.
https://bitcointalk.org/index.php?topic=1244332.0 i recommend you this thread,you can find there way's to make BTC online so,if you know you're skills you will probably find anything for you.Good luck :)