i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.
EVen the "pros" that claim to "Beat" the altcoin markets either only do it by manipulating the market or the flat out lie about their results. The problem is that there is so much variance and people are really bad in distingushing results into skill and variance. well i am no "pro" and i am certainly not beating the altoin market. i am a beginner in trading altcoin and in my experience this market can be profitable if you are careful enough and enter it with some knowledge. |
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Is it possible for a wallet application to hold several addresses?
All wallet programs can hold several hundred of addresses, or more. It depends on your computer. If you have a low-end CPU and low RAM, your wallet will be very slow if you have several addresses. -MZ also on in lightweight wallets like Electrum for example, the more addresses and the more transactions you have, the slower the application gets. |
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Recently I've been trying to grow my bitcoins. What can I do with them once they're in my blockchain. Can I simply transfer on to a paypal? Also if I kept my coins, will the value change once bitcoin overall changes? That means if bitcoin dropped, will the amount I've invested drop as well? Thxx  BTCif and when you are SURE that bitcoin price will be decreased, you can convert your bitcoins to dollar, on a trusted exchanger and then buy back again at the bottom. |
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as long as you don't add a new and great feature that many many other lists don't have, i don't see the point of you creating something new. especially on a blog!
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
i think the best option you have is to start trading altcoin. but i gotta tell you it is not easy. you need to work on it a lot first. but when you understood the way it works, it is gonna be profitable. and as far as mining goes, i would never go near it. it is too much work and stress for me  |
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What is the best opertive system gfor your pc in order to preserve bitcoins ?? BTC
it doesn't matter what operating system you have, the security of the OS and your bitcoin is up to you. if you don't know about other OS and want to secure your coin use paper wallet. |
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We have 20 BTC from donations and we don't think to spend them in our 3 years plan.
so in 3 years , your gonna be a millionaire. please share once you become one , since i dont have enough bitcoins to become one at this moment : > and cant afford either kek You don't need more bitcoins, you just need more years  better sell it when it gets high enough price and good, I fear from year to year, the price will decrease but the important question is when the price is "high enough"?! i am always greedy as the price goes up i say it is going towards $1000 so it is better to wait and then it comes down and again the same goes on... |
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i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.
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A new report from security firm Symantec claims the number of Trojan malware programs targeting bitcoin users has fallen in the past year. they suggest that since the number of users of crypto is still low it is not a good target! it is a good news but i thought cryptocurrency was getting popular so as a result it will attract evil people too but seems not! source: http://www.coindesk.com/symantec-bitcoin-financial-trojans/ |
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Hello folks.
Sorry, this must be a very silly question, but it's a doubt i have for quite some time.
What is a Bitcoin when it's stored in my wallet? Is it a findable archive in my computer? or it is something more abstract?
Thank you.
think of it as money placed in your bank account, bitcoin in your wallet is like some numbers on a piece of paper which bank gave you. is that abstract? |
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Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?
Sergio Lerner has spent more time and effort than is really healthy tracking down which Bitcoin addresses belong to Satoshi. You can read his opinions, and his reasoning/methodology, here. https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/As best he can make out, Satoshi has something 1.14M bitcoins. As such, Satoshi has already made history, back when Bitcoin was poking its nose above $1000 per coin, as the first anonymous billionaire of the 21st Century. But as far as I could tell, he only mined to secure the blockchain. I don't think he has any interest in those coins. I wish someone had an estimate of how many of those coins did satoshi sell. i doubt if satoshi has ever sold his bitcoins. you are comparing satoshi with any altcoin dev who mines and dumps the coin. if he has ever spend any bitcoin i am sure it was for giveaways. |
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I personally use Blockchain, as it's by far the most convenient and easy to use.
yes I think almost everyone uses blockchain, because it is reliable. Simple and easy to use. and walletnya quite compatible in every game direct Haven't used Blockchain.info since the 'hacks' but it does look like a lot of people still use their wallets to store btc. Electrum is one of my favorite wallets without doubt, was glad to hear its been bundled with the latest Tails OS. Apart from that I keep a few satoshi in exchanges so I can quickly buy some alts without having to wait to deposit bitcoin. yes i also been hacked one time in the wallet blockchain, and that when I do not wear 2FA. and maybe I hit a keylogger. but after using 2FA, I never get hackers again i am using blockchain,info too and using 2FA so i have never been hacked before. but i always check posts like this saying i lost my BTC at BCI, every one of them was the user's fault so far, they either didn't have 2FA or they were using TOR |
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Anyways, how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich.
should??
only wise people and people with experience get rich off of anything. not people who want to get rich quick in one night.
Does it matter if bitcoin's price is $1 $50 $100 $250 $300 $350, $1265, $2000, $5000?
it matters a little. if the price is say $10000 the early adoptors or people who bought at lowest price and held for long will get rich but others will profit from every rise and fall
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I used to do faucets and then I realized how little i was making for how much time I was spending.
They can be such a drag i remember doing them and having multiple tabs going threw them all for hours and in the end you earn a few cents!! worse than slave labor only one to benefit is the site owners, i would advise against using them to anyone who values life and to the owners i would say sort it out you slave drivers :~( ^ this, you will spend less time getting enough actvity on here to join a sig campaign, faucets are a waste of time. The website owners don't even make that much money! Thanks for making me aware see i thought they made a fair amount of money from them but now i know there is literally 0 reason for them to be here now, maybe one or two so real new people can get the hang of wallets etc but not the hundreds that are out there lol i agree, faucets are the best way for someone who just wants to test the waters and see how everything works. receive some btc, send it and learn before investing large sums of money. also the faucet creators don't earn that much money either, only a couple of well known ones which were around for so long. you can check their advertisement prices to see that. |
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... This is the first time I have seen blockchain.info showing separate stats for BW.COM at their mining stats page. https://blockchain.info/poolsThe top four miners (percentage of recent block wins / hashing power): AntPool: 20% F2Pool: 16% BW.COM: 11% BTCChina Pool: 7% Total China: 54%(Sort of reminds when GHash.IO briefly took 51% of mining) i think it was time that china became the biggest miner in the world, the electricity price alone ensures that. besides the labor cost is low there so it is all profitable |
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For hypothetical purposes, let's say there are 20million Bitcoins in circulation (it's less than that I know).
A company that has possession of 5 million coins has terrible private key management. Their building burns down, along with it, all of their private keys and backups (again, they were stupid).
I know this scenario is a stretch - but what happens in the future if all of a sudden a serious percentage of Bitcoins are unspendable (and all at once)?
Will we as a society decide to "replace" these coins and put more back into circulation? Or ride the deflation wave? Everybody's coins become more valuable? Even if everybody depends on the value?
well i think as the price changes with supply and demand if someday a large sum of bitcoin gets lost, the supply of bitcoin will be reduced so with the demand still the same, the price will go up. in that case price of 1 satishi will increase so there is not only 20mil btc but you have to consider the decimal point too. |
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i don't think i will buy any more since the price is going up. i have bought whatever amount i wanted to and saved up when the price was low
Your thinking s very good. This is really the best strategy: buy cheap and sell when price is high. But, in my opinion, current price is still low and still is good time to buy bitcoin that's right. but the thing is i am not greedy; i meant that i invested the amount that i needed, and could afford when the price was at its lowest and now i can not afford to invest any more. so i am keeping my position and i am happy with my situation |
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The block reward will seize to exist at some point in time.
What could be used as a further incentive to mine?
i don't think the block reward ever seizes to exist, because the reward only "Halves" every fixed number of blocks. and also there always will be the transaction fees included, which is received by miners. and if the price rises that little amount will be worth receiving |
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i think the chineese are mostly involved as a consumer or user of bitcoin rather than getting involved in technical development of cryptocurrencies. so only the large community which consists of trading, forums, mining etc.
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I used to have a short list of Bitcoin and general crypto-related news sites in my bookmarks bar but now I see that the list has become very, very long. There is CoinDesk, CoinTelegraph, CoinsSource, Bitcoin Magazine, Altcoin Herald, CryptoArticles, CryptoCoinsNews, as well as similar sites like Let's Talk Bitcoin which have articles and news but presents the information in a show format.
I'm guessing that most of these sites profit from ad revenue since they tend to have lots of ads. So is it profitable? And does there really need to be so many news sites covering a single topic?
you are guessing correct. there always were and always will be people who try to earn some bucks from creating a website and putting a lot of advertisement on. but there are only a couple of news websites that are worth even looking at. i myself prefer coindesk |
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