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We are comparing an arbitrary amount of gold to an arbitrary amount of bitcoin. So it is quite meaningless.
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This probably is a silly question, I am still a newb in terms of trading and other bitcoin related topics. How does it work?
Do I buy bitcoins from a seller with low price and sell it to people with a higher price? Did I get it right? Or my idea of trading is different?
No man, that's a reasonable question. You basically have it. To complicate thing a bit bitcoin is a global currency. So you might be buying in Yen and selling in Euro, but still a trade on valuation. Of course the price could srop 30% and you may have to wait years to see a profit. Bitcoin is not a stock or a bond and was not invented to trade like that. Many people have lost all their money trying to trade. Bitcoin is a currency and you can do very well without selling. I have never sold a bitcoin and yet I realize a fortune in saving just spending it. If all you do is trade it you have not yet seen the true power of bitcoin. |
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If I have 0$ at the moment can I make 100$ in 2 or 3 months? How?
What if I deposited 20$ .. Can I make them 100$ in less time?
Yes you can totally do this. Step 1, get a job. |
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...Your source is an idiot. ...
I'll second that. He/she is an idiot. P.S. "extra hard" WTF  |
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Well, Tulips have brought countries to their knees. So, maybe?
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I used BTC as cash when it traded for pennies and I use it at it's current valuation. Works just the same. It's money because that's how I use it. I can't see anyone convincing me otherwise while this is still true.
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What you are seeing is not the future. You are speculating (guessing). Which there is nothing wrong with.  |
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"The developers" do not exist. You mean the core project which has it's own developers. Their work may be adopted, but that is a consensus issue and is not their decision. Anyone with an idea to improve bitcoin is welcome to write code and let the bitcoin community make their choice about it's merit. So for me there is no conflict of interest because they do not represent bitcoin, they only represent themselves.
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Well yes bitcoin is almost destroyed. A lot of bitcoin owners are having problems regarding those miners. One by one their hard earned bitcoin is being stolen.
So you must be new. |
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Hurt who?  |
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It is the ultimate in consumer protection. You and you alone control your bitcoin. Many people are confused about fiat currency and think they own their money. In fact a currency like US dollars are owned by the federal reserve. You may use them according to the rules created by the owner for purposes that they see fit. But they are not yours and you can't even legally destroy them.
Bitcoin is by far the cheapest, fastest, and most secure way to pay anyone anywhere. For me everything else is just a crappy frequent flier mile system.
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I travel a lot but so far have not been asked this. If I were I can tell you that there is no chance I will provide such information. They will simply be handed a card from my lawyer. I have all the time in the world.  |
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What is annoying is that he has been claiming to be Satoshi for over a year now and can't seem to put in the two minutes work required to sign a Tx. He (Satoshi, not Craig) knows that his identity could be proven in a moment by doing this. But instead Craig wants us to just trust him. Let's get this straight, The guy who invented "trust-less cash" can't sign a Tx and wants us to trust his word... Math or it didn't happen bro! |
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Not this clown again.  The man who last year made global headlines by claiming to be Satoshi Nakamoto, the creator of bitcoin, is working with a fugitive online gambling entrepreneur to file scores of patents relating to the digital currency and its underlying technology, blockchain. http://www.reuters.com/article/bitcoin-wright-patents-idUSL2N1GF0H2 |
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I wonder if your compromised? Are you using an unsafe OS like windows?
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The 2 most important things you can do:
1. Move the bitcoin to a wallet under your exclusive control. Right now you really do not own any bitcoin. Wallets contain the private keys used to spend. If you use an online wallet you may be sharing those keys or not have access to them. If the website closes tomorrow "your" money is gone. You want to be the only person on earth to have those keys.
2. Make several backup copies of your wallet!! If there is only one occurrence of your wallet then there is a big risk that it will be lost, stolen, corrupted, etc. In that case there is absolutely no way to recover your coins. Keep your backup safe. Copy it to three thumb drives and put one in the bank, one buried in the back yard, one mailed to your Aunt in Vermont.
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You have good answers already. So I'll put it in theoretical terms. All you need is your "wallet.dat" file. That file contains the private keys needed to spend bitcoin from an address it controls. Never ever lose this file or you are sunk. If you install bitcoin core on any machine it will look for this file in the bitcoin folder. If it's there it will be used if not it will create this file. When you put your backup wallet.dat file in it's place that one will be used. It's all about the wallet.dat file.
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