There are several services where you may do it. Coinbase is the most used one, but it's not available in every country and I also read some complaints about them. Also there are coinmama and even blockchain.info wallet.
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Hi all, Do you trade altcoin with BTC or fiat ? (or USDT) Why did you choose this option ? Thanks Neither Bitcoin nor fiat money. I prefer to use ETH instead, because it is easier to deposit than fiat and it's cheaper and faster than Bitcoin. I also prefer to hold Bitcoin. On bittrex and other exchanges as well there are many ETH markets.
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Do we need to "add custom token" on myetherwallet.com in order to receive COSS tokens we purchased during the ICO?
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I just joined your signature campaign. Where is the avatar anyway?
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So no reward for those who didn't write 50 posts?
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I couldn't joined ICO as well because it was too fast!
What about signature campaing anyway? I think I wasn't able to write the minimum amount of posts you required. But this is because ICO ended too early! Can we get at least some stakes for our work?
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We are still far to reach a massive Bitcoin acceptance in offline stores. That's for several reasons: - Bitcoin is still unknown for the majority of people - Bitcoin transactions are too slow - Bitcoin has becomed more a speculative tool than a payment system - Merchants get no relevant practical pro in accepting it. Just a little bit of free advertising in the community, but nothing else.
Also, the website which is supposed to pinpoint all the physical stores which accept Bitcoin has never been updated for a while (coinmap.org).
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I know this has been probably asked a million times but I decided to go all in (investment money speaking) on bitcoin so I am looking for a safe wallet.
I have some stored in blockchain digital wallet but want to take it offline just in case. I did use electrum in the past and still considering it.
Electrum is the perfect choice, you already use it in the past and thus you know it, it's simple and safe. You can put it in an USB drive, then send all your money to this new wallet and store it in a safe place. Simple and safe.
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Given that there are no defined regulations for bitcoin in my country, is it possible that stores posting the "bitcoin accepted here" sign are evading tax by letting their customers pay with BTC?
It's actually easier to evade taxes if they accept cash payments. Bitcoin are usually automatically transferred to their 3-rd party service like bitpay. They then withdraw to their bank account.
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When is eon opened for sale in market, and what market for sales coin eon ...
The team has not come out with detail information on the release of the real tokens so we will need to wait longer, if the testnet launch os October, I believe they will need more them a month after that before the platform will be released. This has taken more time than I initially thought of when I invested into this project. Yes, it is taking too much time to release this platform. Consider they've been working on it since 2014...
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Since Bitcoin has become a dominant cryptocurrency online, would you say that Satoshi had foreseen Bitcoin becoming a major currency today? Any speculations as to what or who were his/her influences in creating Bitcoin?
Yes, he strongly believed that. Otherwise why create Bitcoin? I think his main goal was to achieve a great user base within 20 years. We are still far to achieve mainstream popularity and huge user-base but we are on the right road...
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Some of the most common critiques of Bitcoin are: "it's too slow" or "the blockchain is getting too big". Sure newer coins offer faster tech, more sophisticated algorithms that are ASIC resistant, and so on. Let me ask you this - do you ever ride the old train in your city? Do you sit on the train and wonder why they don't put in a new superconducting train instead? We use the old train and it's no wonder because it works. Don't fix something that isn't broken, haven't we all learned that the hard way? And if it breaks down, surely it will be cheap to repair. Besides, what do you think cost more to complete, the train itself or clearing the path and laying the tracks? Bitcoin has value because it is a store of currency that will appreciate AND because it's just there. How can you buy the hottest new altcoin? Directly with fiat? You must but BTC from a Bitcoin exchange, then trade it on an altcoin exchange.
So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
So before you sell your coins, ask yourself this: how long has the old train been running in your city?
Your train analogy is completely inapposite. There are old trains which still live today, but only for tourism purpose. If you need to use a train to go somewhere, like your office or your school, surely you don't want to waste time on an old train, but you'll catch the fastest modern one. Also, some exchanges allow to buy altcoins directly using USD or EUR, so you don't need to use Bitcoin.
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Bitcoin technology is similar to Internet one. Both were born to be decentralized systems, but then, little by little, few people gain lots of power and are now able to set and determine many crucial decisions. There's no alternative, in my opinion. Every decentralized system is doomed to be like this.
But there's a crucial difference between Bitcoin and the Internet. Because the Internet is one and there are no meaningful alternatives, while Bitcoin has many alternatives called altcoins. If you don't like it, you can switch to altcoin, although they could have the same problems.
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Since the hard fork happened do I now have BCC and BTC? Are they both the same coin and I have a choice which one I want and there is a limited time? For awhile I thought that I have BTC and can transfer it over to BCC for a limited time or something like that. After doing some reading though it looks like I have the same amount of BCC as I do BTC and somehow they are stored separately. If it is the later I'd like to figure out how to see this. I'm kind of confused though so help me Bitcoin Community. Help me. Yes, you have two different coins with different values. You need to store them in different wallets, for example Electrum for Bitcoin and Electron Cash for Bitcoin Cash. You can choose which one you want, yes. If you prefer just one of them you can sell the other one on exchanges, or you can hold both.
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Hello everyone!
So lets someone has some bitcoins maybe worth about 100 to 500$. What could be the investment do where the bitcoin holder is quite new to the crypto currency world and want to get guaranteed profit from the investment.
I know that holding bitcoins are good, but what are other good investments you can make with bitcoins?
Would like to know what you guys about this.
Thanks!
Guaranteed profits are impossible to achieve. Any investment has its risks. Of course there are investments more risky than others, but there's always the peril to lose money. Anyway, some of the most common investments Bitcoin users made are: - ICO. You buy new coins in bulk, before they are accepted on exchanges. There are people who earned huge amount of money in this but there are scams as well in this business. - Trading. You buy altcoins when they are on exchanges. - Sport betting. Very risky but you can achieve good results if you know the business. - Lending. You lend money to people, getting interests after a period of time. - Cloud Mining/HYIP. Very risky! I suggest you to avoid!
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https://bitcointalk.org/donate.htmlThe Bitcoin Forum is a website meant to host free discussion of Bitcoin and related topics. It is operated mainly as a service to the community, and the vast majority of income after expenses is either saved for future expenses or reinvested into the forum or the community. The forum was started in 2009 by Satoshi Nakamoto, the original creator of Bitcoin. It is now managed by theymos, BadBear, Cyrus, and a dedicated team of moderators. Forum finances are managed by theymos.Several things come to mind straight away. If the real Satoshi Nakamoto started this forum in 2009, did the present administrators get hold of it without interacting with Satoshi? If they had direct dealings with Satoshi then maybe Satoshi can be identified. And how did these present administrators get hold of the forum? Was donated to them or did they buy it? Anyone who knows please post here. Wow... this forum is very lucrative for the present administrators. They have received thousands of bitcoins in donations! The number of donors listed here show it: https://bitcointalk.org/donate.html I was thinking about the same exact thing! What did theymos do to obtain Satoshi's trust? What did he to deserve this forum? Why Satoshi gave this forum to him? I think theymos should say what happened in those days when Satoshi left this forum forever, in order to add more transparency to this forum...
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Did anyone got paid by doing this? It looks quite shady, I suggest to not sign up until someone will show us he got paid by OP.
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I know you will tell me is Satoshi Nakomoto, in fact it`s not true. The only true is the username.
All technology what ordinary people use today was designed for military purposes.
EG : CPU, Digital Camera, GPS, Internet....
Maybe Blockchain was designed for this purposes olso ?
What do you think about that ?
Your argument is very valid. Even TOR was developed by U.S. government, but it is widely used to actually avoid governement surveillance. So I think even stuff designed for military purposes can be used in very different ways, by very different kinds of people.
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I read all your post and I think it could be summarized with only few words: you still prefer centralized money. So feel free to use banks, or centralized companies like paypal. You are not forced to use Bitcoin.
But remember just one thing: if you put your money in your bank account, that money ceases to be your money and becomes theirs. They basically can do anything they want with your money. It could be a bail-in, or banks can apply a sudden fee. They can invest bank account holders' money and they may lose everything and go bankrupt. Then the government, in order to save banks, raise taxes so that taxpayers (like you) can save banks. If you feel better with this, keep on using banks.
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