"Millibitcoin" is awful. No chance a normal person could say it, or understand it. "Satoshi" sounds much better, and it will serve for longer. In the ideal case that BTC replaces all the money in the world, one satoshi will be conveniently priced around 1 penny, I think that's how Satoshi choose total number of bitcoins - 21M.
It would never be Millibitcoin, but Millies or Millibits. |
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How would he prove that he is Satoshi?
By spending a coin mined from the genesis block and/or signing with his GPG key. |
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Namecoin, Feathercoin and Megacoin looks interesting imo
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#1 Save keys in case something should happen to your phone
#2 Open Google Authenticator, add 'new post', proceed to scan the QR code
#3 Type in six digit passphrase
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If you deposit through wire you get a 30 day hold, can be lifted with ID proof, but again- can be hard to get in contact with them
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So if my bank is on the banned list on bitstamp I can't withdraw/deposit any money with SEPA?
Is there other options / other good exchange for bitcoins or do I need to change banks?
Maybe btc-e if you go through OKPAY |
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PK2PyKVPA8r6VtA5CwwuHrnEFbiU2f1FKG
Thanks.
I think it's way past the deadline on this one.. |
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1MdLeMbqYZe42anRiHXZRN26JvZ92BXKm4
Many Thanks
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MEC.
I second this  Joking aside, megacoin.co.nz looks promising, and the software client is tweaked, way better for newcomers than the Bitcoin-qt, that's my opinion at least.. |
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I bought from $70 all the way to $700, after that my deposits went into LTC- then NMC.. I think I will keep throwing a few hundred dollars into alt coins when some of them are still pennies/dollars..
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Millies and Mickies?!?!?!?!
I thought that had been done already
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I think now is the end of BTC first it was at 1,040 usd and now is going down like a stone is at $930 in this moment, it will drop to zero today, I am very afraid....
That has to be the weakest hand I've seen.. |
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I sleep happily while holding litecoins.  |
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Spend as little as you can (blogs like mrmoneymoustache.com help to achieve independence from consumerism), buy Bitcoins with a share of what you have left (being young, I invest everything into Bitcoins, but I am not recommending it to anyone). This way you are dollar-cost-averaging with a monthly period (assuming monthly paycheck).
You might want to space the buys weekly or something like that.
That's a good general recommendation. The "problem" with it is that, as the price of coins goes up, and your fiat salary stays constant, the amount you are adding every month diminishes. Once coins are $10,000 each, you won't even have enough savings to add a coin every month. If you can't buy one coin better not do it? lol.. You are basically asking for a way to get $$$$, and unless you have a valuable asset at your disposal which you can sell, you will have to work for them, or work for fiat to buy them. Or you could just go win the lottery of course. |
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Forget Bitcoin being overbought, you should check out the crazy cryptocurrency boom. Novacoin, seriously?  My 100 namecoins I bought for 0,4 USD weeks ago is certainly worth a lot more now |
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Have you had personal experience transacting with bitcoinstore? How's their service? Thanks! They are a nice service and is owned by Roger Ver who is deemed a very trustworthy person in the community. The site currently undercut major online retailers like Amazon, this can be done since they are not dealing with fraudulent customers or paying transaction fees to the monopolists. Also, the site sells with no margin, meaning it only profits from bitcoins appreciating in value |
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Thanks... Lost money because of this thread
Amazing |
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Fuck me I have money hold in 9 days. :@ :@
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Quick question.
In making my 'paper' (brass) wallets, I'm going to use bitaddress_org html file and it so happens that it's the 'brain wallet' creating function that I need to use to be able to enter a passphrase.
So let's imagine I roll a dice 50 times and toss a coin 50 times and I enter those results with some added text of my own as a passphrase.
This is the passphrase that you would remember if it was indeed a brain wallet you were creating.
Clearly I would be unable to actually remember the newly created passphrase.
This is because I am only interested in the public address and corresponding private key which come from the above process.
So my question is simple.
Is it okay for me to disregard the passphrase and never make a record of it as I'll already have everything I'll ever need for my cold storage brass wallets?
I am using cold storage the same way you were talking about. Only difference was I was livebooting from Ubuntu and then opening bitaddress in html file offline to generate a key pair using brainwallet (as stated, don't trust RNG). But seeing you won't use the computer afterwards it should be perfectly fine - just don't go online on it again. I'm not so sure about how you would go and import one of these on an offline client like the armory/official client, however I would just sweet it on a Blockchain.info account with Google 2-FA and then transfer the funds to whatever destination. |
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