if you look at the big picture the price is not really rising. it is just back at the price which it were two weeks ago. but it is still good to see the price at a somewhat fixed range of $220-$230. ps. just wait a couple of days and we can see trolls coming up with bitcoin is dying again  |
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i have been a little lazy lately and missed a lot of good opportunities in the market. but before i was looking for these shitcoins and whatever pump coin i could find and ride the tides for profit.
i don't care about the lack of development or having it, i love to see an altcoin with these features but as long as my investment goes, i don't care about any of that.
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~~
For a true offline/online solution look into Armory and I believe a similar solution is available from Electrum as well.
~~
Not trying to deter you, but since you say you're not familiar with Linux, have a look at other options and learn about them.
since i am currently using electrum, i created another one on my linux and it was easy and successful. i think i am going to use that for cold storage. i mostly want to become more familiar with linux, that is why i chose this option. and as for bitcoin-core i just wanted the main client that's all. You will need to be online to do this, so connect your computer to Wi-fi or ethernet. ~~
thanks for the help, but the whole reason for what i am doing is to create an offline wallet, with me just copying a wallet installation file there. @knightdk, It's not clear from OP that he downloaded a source tarball, he may have the binaries in there and just not know how to run them, he only says that ./bitcoin-qt returns an error (he doesn't say what error). Ie, he may not need to build, he may just need to make his binary execurable. Also, "make install" probably requires root elevation. @OP: But more seriously, you have to actually post what the error messages are if you want someone to help you. I have to say it again and again on these forums: there are people who know how to read those messages even if you don't---post them here if you want real help. Saying "I got an error" is too vague. sorry about that, you are right. i followed these steps except for the "wget" part which i downloaded tar.gz file from bitcoin.org and transferred it with my USB flash drive and after typing "./bitcoin-qt" i get: Ubuntu 14.4.2bash: ./bitcoin-qt: No such file or directory
and also "$chmod +x bitcoin-qt" returns: an screenshot: https://i.imgur.com/ebYGnW2.jpg |
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Actually Its very good decision or not have to think about this for BTC image because BTC is the part of very huge World Financial Organisation. Yea it's very good for business but for goodwill & images have to think. Some people will take this is positive decision and some people will take negative so it's important for get well decisions.
i think if big porn websites start accepting bitcoin and actually accepting bitcoin becomes a popular thing, then we can see a huge number of people start using bitcoin just because of that. |
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as the article says, investing in bitcoin or any crypto for that matter has high risks but has big rewards at the same time. well this is stating the obvious, but i guess many people might not know this, especially people who want to get into bitcoin for the first time.
and the rest although claiming that bitcoin is not pyramid scheme, it talks about it!!
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Maybe if you could let us know what you are trying to achieve?
There are offline/online solutions like Armory, but Bitcoin Core is generally not considered one of them. If you are trying to generate keys only and then sweep them later, there are easier ways to do that.
yes i am trying to make an offline / cold storage with bitcoin core. is it not possible to do this with bitcoin core? if not what are the easier / better options? |
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I seen one on Github and saved the URL but I am not at home to give you the exact link right now sorry..
I found at least 3 when I searched Google like a year or two ago..
can you give me the URL please? and i wanted user's feedback on bots that they have used, i found a couple in google search so far but all looks abandoned and incomplete. sometimes with bugs. there are a few abandoned ones hiding in these forums somewhere that you might be able to revive and get working.... as for active AND oss, dont think so. I've heard good things about the quantalo (sp?) trade bot that just makes you maintain a balance of their coin to use, but I have not used it myself. [edit] this one I have used and might be a good basis if you wanted to make your own. thanks but it is written in python. and i don't know it at all.  |
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the litecoin market is looking so good right now, but this doesn't mean that litecoin is going to continue this upward motion and rise that high.
maybe if bitcoin price went through the roof, then litecoin could become more expensive but that is not going to happen.
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if you want something promising enough that you can invest and "fully go behind." the only option is bitcoin that you have left behind.
this is a good time in the bitcoin price for you to get back in.
and as far as altcoin, if you want something promising you are not going to find it anywhere. but if you want to profit, a lot of coins like litecoin are coming back from the dead and giving good profits.
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that is why there are conditional trade offers available. for example you place condition that if the price changes XX% then buy or sell. this way you can be safe even when you are asleep. and don't worry about losses, i did that with NLG (i think) i bought at 600 just to see it fall to 400 and then gave up on it What's conditional trade? Can you give me example? Do YoBit.Net offer conditional trade? What about Bittrex? Thank you for sharing your tip. all the trading websites that i have seen so far had conditional trades so far. but i have never checked yobit it means that you place a condition for your trades. for example you say if the price of bitcoin goes lower than $210 then sell 10 BTC for price of $209.9 or if the price goes higher than $250 sell 10 BTC for price of $249.9 the exchanger's bot for these kind of conditional trades mostly have enough for all purposes but , other bots may have better and more options. |
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I think the best way will be to store your coins offline. Only get them out when needed, otherwise keep it safe in a cold-storage. Why to risk your coins by keeping all of them at one online platform.
It is a huge hassle to spend any of the coins if you are looking to store everything offline. If you want, you can store a majority of them offline. You can still store them on your mobile phone or desktop computer. Sure they may not be as safe as cold storage but if you do take security precautions, you can easily make it as secure as any offline cold storage. the important thing is to keep whichever wallet you choose, safe. you have to keep your bitcoins that are not going to use in short term in cold storage to keep it safe for the future, lets say a couple of years later. the rest you can keep in an online wallet or a lightweight wallet that lets you spend then with ease. |
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If you are using the blockchain.info wallet, they will wait a few days for the transaction to confirm. If it has not confirmed yet after a few days have passed, they will stop broadcasting the transaction to the rest of the network, and will show you your balance as if you had never sent the transaction in the first place. If you then send a new transaction that re-uses the same inputs, the address will be labeled in their block explorer web pages as having been associated with a "double spend".
if the transaction is not confirmed by ~2 days then they stop broadcasting it for a short time i have not take the exact time it takes, but it is not more that 15 minutes. EDIT: i checked my email, and apparently it is 1 hour gap. then the same transaction will be re-broadcasted again. the balance is restored in that 15 minute gap and you can double spend it. also you will receive an email indicating that the transaction is failed. Transaction Confirmation Failed
A transaction made through Blockchain.info has been removed from our database because it was taking a long time to be included in a block.
Any funds have been returned to your wallet and you can now spend the coins again. Please consider including a larger fee in future transactions. after this it will be re-broadcasted to the network |
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For me, bitcoin is an easier way to send money and a quick way to become rich  . I use bitcoin to invest and receive money from online activity. And it's anonymous so there is no terror that come to me after i receive payment or anything.  the days of becoming rich quick through bitcoin is over now. the price is staying the same for a long time and looks like it is not going to change anytime soon. |
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This is only the beginning in my opinion. nothing wrong with taking a profit. I want to take short term profits but I also believe that it has a lot more room to grow
Thats right don't rush your self to become a rich person. You should go slowly but surely and safe. if you are after getting short term profits you have to become a day trader and have the power to anticipate the market and take profit from swings. otherwise nowadays you can not make any profit from bitcoin since the price is at a fixed state. but if you are a long term investor, things are different. if you believe in bright future for bitcoin you have to buy some stash an put it away for the future and don't look back. |
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currently i mostly save up my bitcoins that i earn, and additionally i try to buy some more if i can afford it and the price is right.
but other than that i try to do some altcoin trading with my bitcoin so that they are not just sitting there, and i try to earn some profit this way.
also i do some gambling, but i try to keep it minimal so when i lose i don't get much sad.
Gambling is for fun and I also used it for gambling on sports but I use it only when If I am sure that I will win and I gamble only on those sports which I can trust and of which I possess great knowledge and it is for fun so I gamble very less so even i loose it would not be much painful. yeah, i agree that gambling is just for fun. that is why i keep it minimal. besides i just do some gambling in dice from time to time which is a nice way to have some fun and sometimes win some nice rewards. |
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Right now, i only get bitcoin from faucet rotator and cloudmining. But i'm aware of cloudmining so i didn't invest all of my BTC to cloudmining because i'm afraid it become scam and ponzi. So 80% of my BTC are from faucet rotator. It's easy and i'm not afraid of scam or ponzi. From my know about cloudmining they just mine to a particular company, so you mean that you mined for a company? so how its rate for they miners? there are no "profitable" cloudmining services available and in the past there were cloudmining services but they weren't profitable either. there is an interesting topic on cloudminers here: https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654i personally did cloudmining at cex.io back when it was active, but the only thing that was worth the investment was the ability to sell the hash power when its price went up. |
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Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks  taken out tons of loans, funded lots of loans. If you're gonna do it , do it through btc-jam or such a service as that with verification. Too many scammers around these days, always need some sort of escrow. BTCJam aren't securing your loans by a bit. Many members on the site has been creating account using fake ID and their support is non existent. If you are looking for one, look for one that is trusted and can allow the borrower to put something in escrow. ID verifications isn't worth anything. it is hard to trust anybody anymore these days. i would never give anybody any loan without any collateral no matter how much good history they have got. especially on BTCjam, the trust service and any kind of verification that they have got, is not a 100% grantee that you dont lose money to a scammer. with collateral at least you know that your money is safe. |
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don't get all excited about it. this is simply another pump that is happening right now. since bitcoin is at somewhat a fixed price it is only natural that investors start pumping another coin, and the next in line is litecoin. all this hype is gonna end and we are going to see the same dead lite-market again.
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i have problem logging in my account.
i keeps asking me to authenticate myself, i don't have 2fa or anything. i just created that account some time ago and only set a password.
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