I'm relatively new to the scene, got involved about 6 months ago, would have been earlier if I heard about it before
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You need to use the 'importprivkey' feature in the console.
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I think there's a lot of money to be made for a business that let's people buy BTC securely, ie debit/credit card. A proper service without exorbitant fees
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I store them in my head, and they are 20 character passphrases not passwords.
I forgot one for a BTC wallet late last year. It wasnt fun but I remembered it after trying combinations for a few days. You have to be very careful.
I recommend keeping passwords in your head, but not massive 20 character pass-phrases lol. Haha yeah, anything past around 8 or 9 characters becomes had to remember if you don't think about it every day!
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I keep my main password in my mind - I've memorised it over time and think it's the most secure - unless I die and no one can retrieve it
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Given most investments are returning way less than 10% at the mo, btc is still a good investment IMO. And it will get better if the big investment funds get involved. Dead, hmm, I don't think so.
Some people just aren’t happy with 10 or 20% profit they want 67x profit or whatever. It's just greed. As long as you haven’t lost any money what matters, and if you have lost, well that's investments for you. they don't always work out. I'd go along with this, I'd be very happy if some of my non BTC investments generated 7.5% annual return - even this is not guaranteed
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LOL i sell 0.1 BTC for 0.2 ;-) - noone in here will send you coins for Paypal or else..
There are still a few people on here that will take PayPal - it's best to gain a little trust first and start with small transactions
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I think it's the other way round - If Bitcoin moves alts tend to follow suit - There are still no serious contenders to Bitcoin
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It depends what you're hoping to achieve. If you already have a GPU then you can check out some comparison sites offering averages based on your hash rate for different coins.
If you're looking to invest - just buy BTC directly, it tends to be best overall.
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I've asked my employer for a portion of my salary to be paid in BTC - It wasn't an out right no so hoping for this to be implemented in the next year
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PC World Would be nice anyway
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Buying in person for cash can be the best way - definitely the quickest!
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Most problems have solutions - Bitcoin can evolve with time - When a problem does arise there will be plenty of people with the ability to solve them or at least work with them to ensure Bitcoins long term survival.
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Subject says it all. How does one go about importing a BIP 38 Encrypted Private Key in the MultiBit? Have successfully dabbled in importing unencrypted keys but looking for the added security for long term storage.
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You only need to wait 4 hours after your first post - you can then post anywhere!
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There will hopefully be enough transaction fees to reward the miners - that's the idea anyway
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Well everyone definitely have wildly different opinions - will be good to see who's proved right (or wrong)
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You can sell directly LTC -> USD on btc-e. They take 7% for paypal and have many other options, but I don't now which ones apply in Canada.
I'd be careful on BTC-e, lots of people have been having issues with lost/delayed withdrawals and deposits.
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It's a good point however I find mining alts to be more profitable - stick to some of the major alts instead of the minor ones
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It really is shocking what some people will do to others. In the end though thanks for pointing it out - it should help out a lot of people
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