Bitcoin Forum
June 27, 2024, 01:49:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2]
21  Alternate cryptocurrencies / Altcoin Discussion / Re: Myetherwallet security is too weak. Any other ERC20 Wallet? on: January 16, 2018, 06:25:07 AM
I believe you can have a look at FreeWallet. Use it for three month already and never get any problem. Saved a bunch of money on fees. For ETH no problem. But it's not that good for little cheap coins, because the system does not always cope with the load. But support solve problems fast enough.
22  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: January 16, 2018, 06:22:28 AM
I think they mole likely "heard of bitcoin from news" but do not understand what exactly it is
23  Other / Beginners & Help / Re: How do I explain Bitcoin in simple terms to someone? on: January 16, 2018, 06:12:37 AM
Bitcoins are like regular money or even, in a small way, stocks. it’s like money in that it has value and you can use it to buy goods and services. It’s also like stock because the value fluctuates based on supply and demand. Unlike stock, there are no dividends, just whatever the bitcoin is worth on a given day. bitcoins are like the money you have in the bank and credit cards. Or, better yet, you know how your boss pays you through direct deposit and then you go buy something with a debit card. The money goes from one place to the next without ever touching human hands. Bitcoins are perpetually in that state. Here's the great project where you can find tonns of info about it [bitcoinwiki](https://en.bitcoinwiki.org/wiki/Main_Page)
24  Other / Beginners & Help / Re: Wallet advice wanted on: January 11, 2018, 04:17:30 AM
Bitcoin Core is one of the older and more trusted wallet solutions out there, a really good one.
Coinbase (online option). Online exchanges are, by and large, less secure than the methods described below. But Coinbase seems to have learned from the lessons of its predecessors, and is one of the biggest bitcoin exchanges in the world. It's also user friendly.
Electrum is a popular, free storage option and is one of the most well-respected desktop storage apps.

If I were you I wouldn't look for the chepest fees, because here the reputation matters more. You can loose thousands because of intent to save $10

I know these sources very well and tried them, I was hoping to find out something new, maybe not so well known and an ideal reputation. trading is risking and I'm open to it.

If you want something new, you can check recent wallet start-ups like Javvy (it's main advantage is high security) or Divi (quite userfriendly) or FreeWallet (they promise no fee for btc transaction inside their platform).

Anyway, better hold now as adviced and not to use BTC for transactions if you do not want to waste money on fees.

Thanks, I'll search in this direction. The freewallet idea of no fees looks great but unreal. Need to explore how they implement it technically. it seems like a fairy tale to me
25  Other / Beginners & Help / Re: Wallet advice wanted on: January 11, 2018, 04:15:29 AM
Try not to use BTC as your means of payments. Transactions through bitcoin is very expensive right now, it is better just to keep and hold it. Better to have other coins which you can use for your daily transactions.

I agree with you, it's not the best time to send BTC somewhere.
26  Other / Beginners & Help / Re: Wallet advice wanted on: January 11, 2018, 03:59:50 AM
Bitcoin Core is one of the older and more trusted wallet solutions out there, a really good one.
Coinbase (online option). Online exchanges are, by and large, less secure than the methods described below. But Coinbase seems to have learned from the lessons of its predecessors, and is one of the biggest bitcoin exchanges in the world. It's also user friendly.
Electrum is a popular, free storage option and is one of the most well-respected desktop storage apps.

If I were you I wouldn't look for the chepest fees, because here the reputation matters more. You can loose thousands because of intent to save $10

I know these sources very well and tried them, I was hoping to find out something new, maybe not so well known and an ideal reputation. trading is risking and I'm open to it.
27  Other / Beginners & Help / Re: Wallet advice wanted on: January 11, 2018, 03:57:26 AM
Exchange btc to either BCH, VTC, LTC, DGB, NXT, XRP and then convert it or send it to wherever you want.
Don't use BTC for sending since there are nearly 176000 unconfirmed transactions. If you do your transaction would get stuck for days.


The bitcoin trade is very congested. And the transaction costs are very high. It is suggested that you do the transaction by converting to other coins.

Thanks a lot for your advice. I'll consider it. I didn't know that there are problems with confirming as it should be paid quite  well.

But I was hoping there is something new I didn't know about. Hoping for more info from the community.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of Money on: January 10, 2018, 03:43:58 AM
Bitcoin, whose credibility took a hit with the spectacular collapse of its largest exchange, Mt.Gox, in February, may not dominate the world as a virtual currency in 25 years, but the idea of digitized money may. And the reason is as old as capitalism itself: lower costs.
From a purely technological perspective, the ability to pay anyone instantly in any currency exists already, with minimal or even no transaction costs. Banks are resistant to such a no-fee money marketplace, because they now profit by acting as intermediaries for transactions. In the coming years, however, "insurgents" will make those transactions easier and cheaper
29  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: January 10, 2018, 03:34:06 AM
2011 from a podcast. Downloaded the client but couldn't figure out what it was doing (other than slowing my computer to a crawl) so I kinda forgot about it. I think it was $5. Next time I heard about it, it had hit $266 after the Cyprus bail-in and I was like what the actual FUCK. Bought in around $70, am hodling.
30  Other / Beginners & Help / Wallet advice wanted on: January 10, 2018, 03:25:06 AM
What is your commission for a bitcoin transaction? And what exchangers do you use? I use BitcoinCore and PerfectMoney, and I was OK with it, but now commissions are just incredibly big, to make a transaction the commission for a BTC is 15 bucks. Wanna migrate to something more user-friendly if you know what I mean.
31  Other / Beginners & Help / Re: how much posts can i make ? on: January 10, 2018, 03:15:43 AM
The number of posts is not limited, but if your acc is new you'll have to wait up to 6 minutes after posting a comment if you want to post another one immediately
32  Other / Beginners & Help / Re: Best multi crypto currency wallet on: January 10, 2018, 03:02:11 AM
Well, Perfect Money is considered to be ok good, I used it before, but comissions were nuts, I've recently found FreeWallet. It's, rather fast and nothing stuck there, the longest transaction I had was 3.5 hours, but normal for ICO crypto, which I put out into BTC, most likely. And in freewallet you can sent BTC without commissions, although usually it is around $15, so this is a very nice bonus.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: best ico coming... on: December 27, 2017, 04:51:59 AM
What about ModulTrade (modultrade.io) project? Their team has very high potential and the have a working prototype already. Seems good investment to me.
34  Economy / Trading Discussion / Re: When do you plan to sell? on: December 27, 2017, 03:34:59 AM
My plan is to wait till 2020, when BTC will be $500k
35  Economy / Trading Discussion / Re: Crypto-trading software recommendations on: December 27, 2017, 03:15:12 AM
I really recomend you ModulTrade, it's a very good platform
36  Alternate cryptocurrencies / Altcoin Discussion / Re: What best bounty to join in December 2017 - January 2018? on: December 27, 2017, 02:55:49 AM
I'm voting for ModulTrade. They have great bounty

I'm already participating. I registered here to take part in it. Conditions are good enough
37  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 27, 2017, 02:34:04 AM
It’s very easy to show how profitable you are, after the fact. — That is, as long as you buy a crypto, hold on for dear life, and sell once you’ve achieved profitability, you’re classified as a “successful” day trader. — Which is not how any kind of successful trading works.
In very simple terms, they just buy crypto and wait until the price gets higher.

To emphasis how stupid all of this is, here is what a pole-dancer-turned-crypto-guru says about BTC: "The good thing is when it goes down, you can buy some more, and you know it's going to go up at some point". That’s literally all the evidence you could ever need about BTC being a bubble.
38  Other / Beginners & Help / Re: Best and safe wallet on: December 22, 2017, 07:07:59 AM
I use myetherwallet for all my altcoins, and also keep a TREZOR
39  Economy / Exchanges / Re: Question ...is it safe to give Bittrex my driver license number?? on: December 22, 2017, 06:59:19 AM
About safety of your personal data stored online you can never be sure. But here is a choise - to take a risk or stay in a safe place. There always be news about leaking of data, it's inevitable.
I input my passport and driver licence numbers to verify my account, and no problem so far.
40  Other / Beginners & Help / Re: Now Bitcoin is for big players only... on: December 22, 2017, 06:25:36 AM
I would suggest playing your money on smaller coins and taking the profit into bitcoin, or you could also buy affordable amount of BTC and hold it, maybe it will give you more short term profit. Speaking of altcoins I could recomment focus either on big ones like ETH or LTC or check smaller ones like dash or iota or ripple. But you should invest only amount that you can afford to loose. Always bear risks in mind
Pages: « 1 [2]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!