I'm still a new so I'd like to ask you:

Why do you think they'd be doing that? Maybe its a whale waiting for the right time to use their whale powers to make it go way up?

Are hardware wallets considered cold storage? I really don't see much difference between hardware wallets, and paper wallets. They have about the same downsides. A hardware wallet could experience some type of electronics failure, and a paper wallet is quite frail.

Maybe I'm biased, but I don't think you'll regret it. He's right, there are a ton of projects out there that don't have half of the things going for them that safex does. That are in the dollar amounts per coin. That puts safex very undervalued. And when a coin is undervalued, its only a matter of time until the market wises up, and then the price goes way up.

I ask again: Any news on a windows wallet? Or will it just be for android? And when is chille scheduled for release? If crypto's act like other types of markets, that news will make the coin go up. Not sure by how much, but generally good news like that makes stocks go up.

Will there be a windows wallet? Or just android?

Thanks, informative thread.

Paycoinly still says visa on their site though.

But yeah I think I've changed my mind about Monaco though. I think it will help get bitcoin to a place where one day, we won't need visa/mastercard services anymore to spend bitcoin.

As for those bitcoin ATM's, do they just transfer bitcoin straight into your local fiat currency at the ATM itself?

Will there also be a Windows wallet?

So Monaco is going to have a card you can use to spend Bitcoin. For those like me who want the evil banking cartels to die out, Monaco isn't progress. Well, not necessarily progress. What I'd like to see, is a bitcoin card, where you can just spend your bitcoins to make purchases, and its not tied to any of the large, old entities. But can that ever actually happen? Would we need some kind of massive transaction center somewhere, just like Visa/Mastercard have?

Will we ever get a Bitcoin card, that is independent of them? Is there any project like that in the works?

I use bittrex and poloniex.

How about a sell wall question next. Yeah I'm a pretty big newb lol

Where exactly can you see a "sell wall"? I'm assuming that for any given coin, you just look down in the bids or asks section, and take a look at all the open orders. Then you singe out the biggest sell order of all, and that would be the "sell wall". Is that right?

Also, can there be more than one?  

Oh yes I'm absolutely a newbie to this, but learning every day. I appreciate your honesty.

So Steem doesn't actually have a wallet. I do have about $100 worth of sia in a wallet, just for a long term buy and hold. Same with a couple of other coins. Anyone here pretty familiar with the steem platform, who can give me the quick and dirty on how it works? I'm a computer enthusiast and long time geek/techie, so I'll understand it just from a fairly short explanation. I'm asking here because I'd like to hear it from a person, and how their experience went with the buying and storing of their Steem.

I know very little of Bitcoin managers, or Information managers that you mentioned. Could you please provide a source link so I can read about them? Google doesn't seem to come up with anything that I'd know was related to what you're referring to.

Thanks man, much appreciated!

Without having to read through this big thread, what do you guys think about verge's future? Would it be a good strategy to buy something like $100 worth of verge, and then hold onto it for a few years?

Is the technology really all that promising? I've heard both sides. Some say its great, and makes things easier and more private than Monero. Other say its nothing but Monero with Tor tacked onto it. Thoughts?

Question:

Could the developers ever lower the "infinite" amount of Dogecoin? Can that ever be changed? If they ever set some kind of reasonable limit, you know Doge would take off for at least $1.00 very quickly.

 I'd like to ask you all another newb question, with regards to quickly being able to do the math on bitcoin price. Specifically, when you're on the exchange and you're wanting to buy/sell. I'm used to everything being priced in U.S dollars, so I'm having something of a hard time figuring out exactly how much I'm buying. Since the exchanges only deal in the price of bitcoin, and won't tell you how much you're paying in USD.

 
When I go to buy something and I see a price like "0.00000380 BTC" I have a hard time figuring out how much USD I'll be spending to buy x amount of that coin. How do you deal with this? Especially with the constant flux of the price of bitcoin.

 
I found this site, but it won't show you tenths of a cent. It only goes down to $0.01. Is there another site out there which you can do quick conversions of bitcoins to dollars, even if the amount is less than 1 penny?


http://www.coindesk.com/calculator/

Can someone explain why the decimal points on bittrex appear to be way off? I tried to buy 1 btc worth of SEC, and it looks like I've now got .999+ of both.

So I went back and tried to do another order, and even putting in all the bitcoin I have on the exchange, it still says I will only be receiving .1xxxx worth of SEC. That's .1, and not 1,000,000+ like it should be. I'm utterly confused by this lol

I like steam and I think its going places. So I want to invest. But it seems they don't have a traditional wallet like you'd expect. Is anyone here familiar with the ins and outs of how they do things? If I buy steem on the exchange, where should I send my steem coins? (no I'm not sending them to you  )

Most people would say "Don't keep your coins on the exchange" but I don't see any clear indicator as to where they should be stored. It looks like Steem wants you to create an account with them, and then put your coins sort of in their website, so you can use them when you're using your steem account. But wouldn't that be just as vulnerable as keeping them on Poloniex? Wouldn't their site be just as big of a target?

I find that to be completely unacceptable.

To be clear I was asking about altcoins being affected by August 1st. Since its happening to bitcoin, I'm going to go with no, they won't be affected by August 1st.

Thanks

Time for another dumb newb question:

I'm assuming that I don't need to worry about any of my other coins when it comes to August 1st?

Thanks everyone for the help.


But now to address the quote. I'll get my coins out of coinbase, but the article below seems to think that even moving them to a wallet may not be enough. Is a standard desktop wallet good enough to shield me from what will happen on august 1st? Or do I need a hardware wallet?

From the article:

"If you don’t control your keys during a chain split three main things may happen:

    1. Your bitcoin balance will stay the same and you will be able to use that bitcoin token as usual.
    2. Your bitcoin balance will be zero over night since your wallet chose the wrong chain
    3. Your wallet provider will offer you a chance to keep your token balance on both chains or to choose one of them"

https://hackernoon.com/casual-bitcoin-users-you-need-to-know-about-aug-1st-d568e07418cb