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The Bit-X exchange is now offering a MasterCard bitcoin Debit card which is acceptable Most of the ATMs in the world.
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Quotes on “How much is enough?” Will stimulate you to think in a more informed way about what wealth and well-being means to you and what is important in achieving both. In turn, this should help you to master your mind, a key element to successful investing and living in the modern world.
— co-author Andrew Bradley
Will make you re-think how you live your life… it brings to life research in behavioural finance and psychology in a very practical way.
— Professor Shlomo Benartzi, co-chair of the Behavioral Decision Making Group, The Anderson School at UCLA
Not just about wealth creation but achieving a well-planned life and happiness. A good combination of mental and financial well-being.
— Dr Antony Kidman AM PHD, Director, Health Psychology Unit, University of Technology, Sydney So many of us work long, hard hours to provide for our families and children-often long hours away from home, maybe taking on extra jobs at times or hoping to get a raise in an effort to make our lives richer financially–working harder at the expense of sleeping and taking good care of ourselves in order to have extra money. We always enjoy earning money - there is no boring when we build our wealth. |
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Really Cool Block Explorer. Thank you very much for the same. I am bookmarking it for my future use.
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Cex.io Doesn't loose any think. But the losers are Investors.
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How you spend them? And what is the website you was burned?
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The amount they charge is very high and unfair!!
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I have windows 10 and all my wallets in the pc
do I have to worry ?
No if you want to be more careful though go to the search function and type in privacy settings, there you can make sure to turn everything off and you'll be no different then using a previous version. Microsoft won't risk millions of dollars and flop their newest OS by stealing Bitcoin wallets. Yes, you are right. I hope there is no risk using BTC Wallet in Windows 10 without changing any thing. |
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Hi, I am from India and there is no restrictions on BTC Client or Bitcointalk website. I am using them without any proxy or VPN.
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I've been paid in purely bitcoin for over 2 years now, so in that sense, I live 100% off bitcoin.
Obviously, I need to switch it over to fiat to pay bills, buy groceries and so on. Nonetheless, my income has been 100% bitcoin for over 2 years now.
Really Great. May I know where you are working? |
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FREEDOM
Yes, freedom from many fees Transaction fee, Transfer fee, Tax fee, etc.
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Here’s a list of 10 different Best BTC Wallets for secure Bitcoin storage.
Bitcoin Core
Bitcoin Core is the original Bitcoin wallet, originally developed by Satoshi Nakamoto and continually updated by the core Bitcoin development team. While it doesn’t have the advanced features of Armory or the social aspect of Hive, Bitcoin Core is probably the most scrutinized and worked-on wallet out there, making it a trustworthy choice.
One thing to be aware of is the fact that Bitcoin Core is a fully fledged node of the Bitcoin network. So it requires the entire blockchain to run. Bitcoin Core is available on Windows, Linux and Mac, and is also available as a Ubuntu PPA.
Multibit
Multibit is a lightweight software wallet. As with most software wallets, Multibit encrypts your private keys locally (or on a USB stick). One useful characteristic of Multibit is that it doesn’t need to download the entire blockchain to access, send and receive funds. Multibit connects directly to the Bitcoin network and downloads only a small part of the blockchain, making it very fast to use.
Since Multibit doesn’t download the entire blockchain, it also takes up a lot less space on your hard drive, which can be important in some situations. Multibit has also been translated into more than 35 languages and is available on Windows, Mac and Linux.
Electrum
Electrum is another lightweight Bitcoin wallet in the vein of Multibit. Electrum supports deterministic wallets or, in other words, generating multiple wallets from one seed. It also lets you sign and create transactions offline and export what it calls a "root public key", which lets compatible applications monitor your wallet. You can also import and export private keys from other Bitcoin wallets.
Like Multibit, Electrum lets you perform Bitcoin transactions without having to download the entire blockchain, making transactions a lot faster. Electrum uses a network of servers to achieve this. Electrum is available for Windows, Mac, Linux and Android.
Hive
Hive is a Bitcoin wallet targeted at new users, with some interesting features. For one, Hive has an instant messaging style interface that lets you send and receive Bitcoins quickly and easily. It also has an integrated application platform and comes with some built-in apps that give you easy access to some of the more popular Bitcoin-related services available.
Hive even has an SPV backend to speed up starting time, as well as support for the Tor network for increased anonymity. You can also schedule wallet backups onto Dropbox and Time Machine. Hive is only available on Mac OS X, but is also coming to Android in the near future.
Armory
Armory is one of the most feature-rich and secure software Bitcoin wallets available today. Armory offers three different user modes: Standard, Advanced and Developer. Some of it’s security features include a graphical keyboard to protect against keyloggers, support for deterministic wallets, offline transactions and extensive cold storage options, including fragmented paper wallets.
Offline transactions significantly increase your wallet’s security and protects it from most security risks. It requires the official Bitcoin Core wallet, since Armory doesn’t have any networking features. Armory is available on Windows, Mac and Linux. It’s also available as a Ubuntu PPA.
Blockchain Wallet
Blockchain’s wallet has a few interesting security features designed to overcome some of the security risks inherent in online wallets. For example, Blockchain implements client-side AES encryption, protecting your wallet from a server side hack. It also has support for offline transactions, a double encryption feature and two factor authentification.
Blockchain not only lets you back your wallet up automatically onto Google Drive or Dropbox, but also lets you download your wallet manually. Blockchain also performs regular off-site server side backups every hour. There’s even a mobile wallet version of Blockchain for Android.
Coinbase
Coinbase is an online Bitcoin account, somewhat similar to PayPal. Coinbase also has a built-in Bitcoin exchange where you can buy and sell Bitcoin, and lets you send and receive money directly to and from email addresses. Coinbase is a centralized operation and stores all its Bitcoins on-site, but claims to store 85% of its Bitcoins in offline cold storage.
There are potential security and trust issues with Coinbase, especially since its operators have control over all Bitcoins, but the fact that it’s been heavily backed by prominent venture capital firms makes it less likely that Coinbase will run away with users’ Bitcoins. There is also a Coinbase Android app.
Coinkite
Coinkite is somewhat similar to Coinbase, in that it provides plenty of Bitcoin-related services such as Bitcoin debit cards and payment terminals alongside an online wallet feature. Coinkite uses BIP32 Heirarchical Deterministic (HD) wallets, which are stored in a custom Hardware Security Module (HSM) that is apparently isolated from the Internet. You can even request audit reports from Coinkite.
In the case of closure or failure, Coinkite has promised that it will publicize a symmetric key that contains all the extended private keys that have been distributed to Coinkite users. This will allow users to reclaim their funds from Coinkite, if the service shuts down.
BitAddress Paper Wallet
BitAddress is a web service that generates randomized public and private keys that you can use to receive, spend and store your Bitcoin. The big appeal of BitAddress is that it can create paper wallets. Paper wallets are a particularly secure form of cold storage, since the private key is only stored on a piece of paper and not on the Internet or in any form of software.
Bear in mind that you’ll have to import your private key into some form of digital wallet, if you want to perform transactions. Thus, it’s probably best to use a paper wallet as a complementary form of Bitcoin storage alongside a software or online wallet.
Pi-Wallet
Pi-Wallet is currently the only commercially available hardware Bitcoin wallet. The Pi-Wallet is basically a Raspberry Pi running a software Bitcoin wallet, namely Armory. As such, it has all of Armory’s features in addition to a few perks that only a hardware wallet of this type can provide. For instance, the Pi-Wallet doesn’t have direct Internet access, adding another layer of protection.
The Pi-Wallet is also portable, and as it’s built on a Raspberry Pi that makes it much less susceptible to viruses and Trojans that can be used to steal Bitcoin from your average Windows computer. The site also has instructions on building your own Pi-Wallet.
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Hi cupscrypto, why you are expecting that much of amount (2 BTC) for those heavy used notes? There are lot of bigger denomination notes available at around US$5 which are in un-circulated condition.
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In India, even 1% people are not aware about Bitcoin. I don't know even one person who used (or at least aware) Bitcoin in my Town. Need to promote it in a big way by bigger BTC Investors and BTC exchanges.
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Publish Breaking news on Bitcoin, Display Latest Trading Price of Bitcoin, Articles on BTC Investment opportunities, BTC Scams around the World, Teaching Articles for beginners etc.
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Yes, There is no alternative than USD for Zimbabwe in this present situation.
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Thank you very much for the sources. I must try few of them. |
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The long debate over the bitcoin block size is over. The updates being done to the bitcoin code have been published by the core developer Gavin Andresen on GitHub. The block size will change from 1MB to 8MB, with further doubling every two years – so in 2018, it will reach 16 MB, then 32MB in 2020 and so on.
2016: 8 MB
2018: 16 MB
2020: 32 MB
2022: 64 MB
2024: 128 MB
2026: 256MB
2028: 512 MB
2030: 1024 MB
2032: 2048 MB
2034: 4096 MB
Personally I believe that this well overestimating the rate internet connection-speeds and hard-disk space will grow. Just look at ADSL or even cable for instance.
4096mb per 10minutes in a year will grow to: 205TB per year worth of storage.
I wonder if they took in account the laws of physics in this equation. It is not impossible but who can and will pay for such an investment just to be a unpaid bitcoin client (full node).
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Bitcoin CEO arrested and Blockchain hacked This false news is flying around the Globe. Some people intentionally promote this news to damage BTC reputation. |
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Chinese mining pools seem to have played the decisive role in the debate. As CoinFox wrote recently, a joint statement of BTCChina, Huobi, F2Pool, BW and Antpool favoured a compromise – an increase of the block size to 8MB instead of 20MB. China’s five largest mining pools gathered at the National Conference Center in Beijing to hold a technical discussion about the ramifications of increasing the max block size on the Bitcoin network. In attendance were F2Pool, BW, BTCChina, Huobi.com, and Antpool. After undergoing deep consideration and discussion, the five pools agree that while the block size does need to be increased, a compromise should be made to increase the network max block size to 8 megabytes. We believe that this is a realistic short term adjustment that remains fair to all miners and node operators worldwide.
Why upgrade to 8MB but not 20MB?
1.Chinese internet bandwidth infrastructure is not built out to the same advanced level as those found in other countries.
2.Chinese outbound bandwidth is restricted; causing increased latency in connections between China & Europe or the US.
3.Not all Chinese mining pools are ready for the jump to 20MB blocks, and fear that this could cause an orphan rate that is too high.
The bitcoin miners of China agree that the blocksize must be increased, but we believe that increasing to 8MB first is the most reasonable course of action. We believe that 20MB blocks will cause a high orphan rate for miners, leading to hard forks down the road. If the bitcoin community can come to a consensus to upgrade to 8MB blocks first, we believe that this lays a strong foundation for future discussions around the block size. At present, China’s five largest mining pools account for more than 60% of the network hashrate.
The long debate over the bitcoin block size is over. The updates being done to the bitcoin code have been published by the core developer Gavin Andresen on GitHub. The block size will change from 1MB to 8MB, with further doubling every two years – so in 2018, it will reach 16 MB, then 32MB in 2020 and so on.
2016: 8 MB 2018: 16 MB 2020: 32 MB 2022: 64 MB 2024: 128 MB 2026: 256MB 2028: 512 MB 2030: 1024 MB 2032: 2048 MB 2034: 4096 MB Personally I believe that this well overestimating the rate internet connection-speeds and hard-disk space will grow. Just look at ADSL or even cable for instance. 4096 MB per 10minutes in a year will grow to: 205TB per year worth of storage. I wonder if they took in account the laws of physics in this equation. It is not impossible but who can and will pay for such an investment just to be a unpaid bitcoin client (full node). |
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If a Bitcoin is being priced at a value much greater than the cost (in mining equipment and electricity) to create it, people will invest in mining equipment. This results in increased 'difficulty' of mining and drives down the amount of Bitcoin that you can create with a particular piece of mining equipment. (The amount of Bitcoins created is a fixed amount per unit of time, and thus the more mining equipment that exists, the less Bitcoin each miner will get).
If Bitcoin is being priced at a value below the cost to create it, people will stop investing in mining equipment. This may be a signal that the price is getting too low, and could rise.
Historically, the one period of time where Bitcoin was priced significantly below the cost to produce it was in late 2011. The price has not currently fallen to quite the same extent as it did back then (which may indicate that it has further to fall), however the current price relative to the mining cost indicates we are very much in the bearish side of the pendulum.
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