Hi i have question regarding coins. suppose a new coin is to be made and only 100000 were to be created. The only way to get them was to buy them. How would their price be evaluated? I know it will depend on demand. And Suppose 1 million people want that coin so how will the price against $ will be calculated? Is it like this 1000000/100000 coins=10$?
I have some coins in coinbase. I am a complete newbie, Can any one tell me a method to get my bitcoins offline. After i saw what happened to "klee" I dont want to take any risk. I searched on google and found some posts about "cold storage". can any body tell me the method on how to do that
What does this mean 0.003 BTC/GH. I want to buy a mining contract but i know nothing on how to get started? please help me atleast tell me where should i post this?