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I did not know, that you can earn interest on bitcoins. ^smile^
So is this like a bank or a loan shark operation? How do they get the money to pay out my interest?
Sounds like very good return for your investment.
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Thanks for this, I did not know how to make this safe. ^smile^ |
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I am still a newbie, so PayPal looks safe, but I have not had any need to use their consumer protection, so I do not know how well it works.
I like this bitcoin thing, because all transactions can be tracked.
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To people who do not have internet or electricity, it's still a option.
We forget, that there are millions of people, without the basic things we have.
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Yea Zuma Yea gimme that game. Heh
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I still cannot do these calculations in my head, so I have to copy and paste the bitcoins into a converter, like preev.com to see how much it is.  So I guess that is how I double check. |
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Paper wallets are not a good idea. When starting out you should use a desktop wallet for larger amounts. Later on you can use offline wallets from armory or electrum. But with paper wallets you will have to worry about change, sweeping vs. import, securing the private key etc. Paper wallets are easy to get started with but hard to spend from securely.
I have no idea, what you are talking about. What is change, sweeping vs. import, etc? I thought, if the wallet was created securely, it is offline. So nobody can get to it. Now, you have me totally confused. |
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I want to try this cloud mine thing, but is to scared to invest my own money. I want to test it first and see what happens, then I will invest my own money.
Hope that is a good enough reason.
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Well, to be safe, I will empty my main online wallet first, as suggested, and then do these importing of private keys.
That way, I do not loose anything, if something goes wrong.
On second thought, I will leave some Satoshies in the main wallet, to see, if it is over written or not.
Thanks for the advice.
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Well that is my idea. Not to have big amounts of money, in a online wallet. I will just import <paper wallets> when I need to buy something. And the time, that money/bitcoins are online, are only from the time I import it, until the time I spend it. Lot less risk, of being hacked. But I need to know, that the small amount, I leave in the main wallet, will not be <over written> when I import a the paper wallet, to the main wallet. The reason why I want to leave a small amount of bitcoins in the main wallet, will be for the real small transactions like donations etc. And to buy some coffee daily. |
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I used the online wallet option on that site. Blockchain.info. I did not install any software. I only created a wallet on their site. I will store all my big amounts on the <paper wallets> And only use the online wallet, when I want to buy something. Thanks for answering so quickly. |
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Hello everyone I am new to bitcoins. I have created a bitcoin wallet at blockchain.info site. I also read most topics here on <Paper Wallets> But I do not understand the following. a. If I created a main wallet, and I have say $50 worth of bitcoins in there, and I want to add the content of my <paper wallet> into that wallet, do I loose the $50 in the main wallet? And what happens to the adress of the <paper wallet> when I import it into my main wallet? I do not want to loose any of the money, in either of the wallets. Thank you for help. |
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