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1  Other / Beginners & Help / Re: I am Beginner!! Any Book for Bitcoin Guide? on: November 18, 2020, 10:17:58 AM
The easiest to understand books I've read are:

The easiest to understand website to date is bitcoinmakesense.com. Check it out. It doesn't have any technical language and tries to explain Bitcoin in simple and understandable terms.

Anyway, Bitcoin is a very complex topic, so give yourself enough time to learn about it. It will pay of Wink
2  Economy / Speculation / Re: Whats causing the re rise of BTC? on: November 18, 2020, 09:17:05 AM
The simple fact that there is no Bitcoins left for selling. Everybody is holding them waiting for $100+k. The 21m supply of Bitcoins is not enough for the all companies, individuals and governments interested in Bitcoin.
It seems that corporate investment drives this bull run, as prominent investors, like Raoul Pal and Michael Saylor invested half a billion each in Bitcoin and are almost double already. Their competitor fund managers and investment companies now want to follow their example.

However, the general public is still not aware of what is happening with Bitcoin. They'll probably rush when a new all time high is reached
3  Other / Beginners & Help / Re: Learning is unending process! on: November 18, 2020, 09:00:29 AM
11. Where there is money there are also scammers trying to steal them. Especially in the crypto field. Therefore, always do your own research and don't give your private key or seed phase to anyone, especially online.
4  Other / Beginners & Help / Re: How do I put money in my bitcoin wallet? on: March 27, 2020, 10:13:07 AM
I am a bitcoin newbie and I have created a so-called wallet, but I can't seem to find any instructions on how to actually put money into it so I can make bitcoin payments. Can anyone clear this up for me, please?
The wallet you have created should give you a Bitcoin address. It looks like one of the following:
  • 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2
  • 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy
  • bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq

Now you need to buy Bitcoin. You will be asked where to send the coins. You have to enter your newly created address (not the ones above, they're just an example) that the wallet created for you. You'll need to wait around an hour until the transaction is completely finished. That is it.
5  Other / Beginners & Help / Re: Bitcoin explained in a simple way - feedback needed on: March 27, 2020, 09:14:23 AM
I used password instead of private key so it's more understandable for general population who have no idea about Bitcoin and cryptography.

you think the term "private key" is hard to understand because you know it is related to cryptography subject. but someone who has no knowledge of cryptography will read the word and interpret it literally:
a "private key" is a "key" that is "private" and keys open locks/secrets.
it is a very simple and descriptive term.

Yeah, but imagine a 45 years old brick layer who uses computer once in a month and has asked his kid to open him up a Facebook account because it's too complex for him. Will this guy understand password or public key better? I'm targeting non-computer literate nocoiners.
6  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency vs. Fiat currency. on: March 26, 2020, 08:17:18 AM
The problem with fiat currencies is that they don't have a supply limit. You can see that the central banks have printed trillions of dollars already. This will flood the markets with new money. People and corporations will get free money. However, the problem is the more something is available the less valuable it is. So, if the central banks continue to abuse their money printers, soon we'll all become millionaires. We'll have 10's of millions of dollars, but the problem will be we won't be able to buy much with a million dollars. They will be enough only for a single grocery shopping.

On the other side is Bitcoin. It has a strictly limited supply which no body can inflate. This way Bitcoin is scarce, and you know scarce things are more valuable than abundant ones.

So, with the current situation, we need to turn our fiat currencies to Bitcoin. The rest of the alt coins are too small with much worse security and are often centrally controlled. In one word they're too risky! So keep your money in Bitcoin!
7  Other / Beginners & Help / Re: Bitcoin explained in a simple way - feedback needed on: March 26, 2020, 08:08:28 AM
Great work. I really liked the whole concept of the website. Here some notes that you may take into consideration:
- Does there a real need to use cookies? I don't prefer installing anything in my browser just to visit a static website.
- As the website manager is not natively English, why not translate the content to more language to reach more large community.
- This description doesn't look appropriate and may cuse more confused opinions about the bitcoin protocol for non-technical users:
Quote
Users can have a private Bitcoin address and password
You can open a Bitcoin account online or through a program not connected to the internet. It creates a Bitcoin address where people can send you coins, and a password, with which you can spend them. Similar to banks, where they give you IBAN or account number and a password.

It is extremely hard to guess a Bitcoin password.
Maybe you should edit some terms without going deep in tech analysis.

Thank you for the feedback coupable.

- There are cookies because the website uses Google Analytics and Hotjar
- I'll definitely translate it to different languages but after I'm confident that the content is easy to understand. It might take a year until its fully ready.
- Good point on the technical details, I'll rewrite it
8  Other / Beginners & Help / Re: Another question from newbie- bank transfer scam on: March 23, 2020, 06:59:31 AM
Yes, they are probably trying to scam you. They'll ask you where you are and will try to arrange a meeting near your place where they will give you the cash there. However, they'll ask you to first transfer the Bitcoin. And you know that they won't be there. Nigerians do this scam using all kind of payment methods like WesternUnion, PayPal etc. Beware. Those 6% profit are going to cost you 100% of the traded Bitcoin. Better look for another deal.
9  Other / Beginners & Help / Re: Bitcoin explained in a simple way - feedback needed on: March 22, 2020, 04:11:45 PM
Thanks Yogee. You're right, I'm not native English speaker. Will definitely get somebody to rewrite it in a more natural way (paying in BTC Wink

Thanks for the feedback RapTarX, webricks. I used password instead of private key so it's more understandable for general population who have no idea about Bitcoin and cryptography.

I'll definitely rethink on whether to rename it, but I'm trying to avoid cryptographic terms like Public/private key. The majority of population don't know about it, but at the same time it differs with other explanations. So, what do you think? Let's see if there is other opinions on this. Otherwise I'll test it with users.
10  Other / Beginners & Help / Bitcoin explained in a simple way - feedback needed on: March 22, 2020, 02:08:55 PM
Many people are getting interested in Bitcoin and try to understand more about it. However, when you search about what is Bitcoin there is no simple explanation of it. Only technical terminology and walls of text which need a lot of time to go through. What about non-technical, low-computer literate people which are the vast majority of the world population? They will have a very hard time understanding what is Bitcoin, how it works and various other basic questions if searching on their own, right now. We need to explain this complex technology much simpler and accessible way for them.

We need a website that explains what is Bitcoin to non-technical people who have no idea or has never heard of it.

As a UX researcher, I decided to use my skills to make a very easy and understandable explanatory website. Thus, bitcoinmakesense.com was created. The aim of the site is to answer Bitcoin questions using plain language with supporting graphics and videos. The site is still very new and needs a lot more work.

My plan is not just to create the content and leave it. I will test it and iteratively improve it using various research methods. I'll use a lot of qualitative methods like interviews and user tests which are great for educational content.

I'll be very happy if you can help me by reviewing it and giving some feedback. Do you think something could be explained better? Is there something that you would add or remove? How would you improve it?

Your opinion is very important and will help increase Bitcoin public awareness!

Any good explanations of Bitcoin's frequently asked questions that works well with your friends will be more than welcomed.

Thank you.
11  Other / Beginners & Help / Re: Crypto Resources for Newbies on: July 14, 2019, 01:49:06 PM
The site looks good, it is nice to see the most popular exchanges / wallets and other crypto stuff. Very good for beginners. Why do I need to register to add links?
12  Other / Beginners & Help / Re: Heating my Flat with mining Rig on: July 14, 2019, 01:40:53 PM
I'm using GPU rigs for heating for the past 2 years and I'm really happy. The heating is basically free in the winter. I live in a small flat around 45 sq m and 1 rig with 6 GPU is fine. With 2 it is super warm. The noise from the GPUs is not high and we've already used to it. Just choose low noise cards, and you'll be fine.
13  Economy / Scam Accusations / Re: Beware of SatoshiMiners & Cryptocompare's review!!! on: July 14, 2019, 01:20:07 PM
Lol, thanks for the thread, I was just going to hit the buy button and send them my precious BTC. Always verify!
14  Other / Beginners & Help / Re: Newbie query on: August 11, 2018, 11:42:57 AM
Bitcoin is just like a bank account, but the difference is that you don't need to go to a bank and open account there to receive your IBAN. You can just use an Bitcoin address generator to create your Bitcoin IBAN which is called address. Also, when you generate your address you will receive a password so you can manage your balance which is called private key.
Bitcoin advantages:
- accepted worldwide, no bank restrictions
- you can spend or receive money during weekends and non-working hours
- no KYC/AML
- anonymous
- you trust maths, not banks
- Much cheaper for huge transactions. if you want to transfer $1mln or more worth of Bitcoin the fee will be around 1$ or less. If you try to transfer $1mln from 1 bank to another, you will get a fee of 1-5% which is 10-50k fee.
15  Bitcoin / Development & Technical Discussion / Re: Updates on Mobile Lightning Wallets on: August 11, 2018, 11:25:56 AM
ZAP iOS is in alpha version. It should support BTCPayServer, atomic swaps, and other interesting stuff. It has good usability, It is coming after couple of months. You can read more from the official post of Jack Mallers https://medium.com/@JimmyMow/new-zap-desktop-zap-ios-and-whats-next-806ce35e4fe7
16  Bitcoin / Development & Technical Discussion / Re: Is Lightning working? on: August 11, 2018, 11:14:59 AM
Yes it is working on the Bitcoin mainnet. You can view some stats about lightning at https://1ml.com/ and https://graph.lndexplorer.com/

You can download and try out the desktop ZAP wallet. If you want to use online wallet you can try https://htlc.me/

You can connect to my hosted mainnet lightning node: 0387c1e8e5e83d77885a8e90682f1dfc922daf702ae56463e8bb5baba181ce52a7@173.249.2.209:9735
17  Bitcoin / Bitcoin Discussion / Re: Idea: How to increase bitcoin demand on: September 28, 2017, 09:26:32 PM

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

It has been proposed in the past and call for Amazon to accept bitcoin is widely on request. Actually not just in Amazon but on other big merchants store too.

But honestly, like others saying here, even a store accepts bitcoin, I doubt many will used their bitcoin as a currency since bitcoin price is expected to increase for more years to come. Bitcoin holders doesn't want to take away the chances so by any means, they will just used their bitcoin if it's really needed.
But that will mean that bitcoin and other cryptocurrencies have value only for holding them.
Buying stuff from internet won't happen because 100% of people hold?
There are no developing countries which currencies have deflated and use Bitcoin for having value, like Venezuela?

You talk like there are no cryptocurrency payment processors? Look in Google.

Why think like that, when Bitcoin is getting more and more featured on the news and now a lot of people have heard of it? In a couple of years when the technology becomes more usable it will hopefully get massively adopted.

So, the whole point is that people who want to buy stuff from internet with crypto have to contact their sites and ask for that. Good internet stores take into account user feedback seriously and if lots of people are requesting it, they will implement it because it will make them more money. See this article: Boost conversion rate by offering alternative payment methods.

In a nutshell the more payment methods a online store has the more sales they do for the same traffic.

Both, online shops and crypto users have interest to do it. Its a win-win bank-lose situation. Everything is in place and soon it can happen. Lets do it.

Lets contribute for the early adoption of Bitcoin and stop banks from frauding the system(QE) and taxing us much more.
18  Bitcoin / Bitcoin Discussion / Re: Idea: How to increase bitcoin demand on: September 28, 2017, 01:50:25 PM
you won't increase the demand by doing that! you just show the demand that already exists. if those people who are willing to spend bitcoin on sites like Amazon can show their interest so that Amazon can know how many are out there who want this new feature.

you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.

We are the users and we have the power to request cryptocurrency payments. Amazon values its users a lot, and that's the reason they're successful. If they receive enough signals from users that want BTC/Alt-coin payment method, they will start to consider it much more seriously than now.

The only way to make cryptocurrencies mainstream is to start buying/selling stuff with them, like with fiat. Don't worry about the transaction times and fee's, the market will find a way to solve the problem if there's enough user demand.

19  Bitcoin / Bitcoin Discussion / Re: Idea: How to increase bitcoin demand on: September 28, 2017, 11:50:40 AM
I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a [Suspicious link removed]. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

Yep, that's a great idea. I'll do a site listing top online retailers, and instructions on how to contact them, and what to write. For example, Amazon has hidden its contact form several levels deep and its not easy to find. I'm quite busy but will try to do the site in 3-4 days.
20  Bitcoin / Bitcoin Discussion / Idea: How to increase bitcoin demand on: September 27, 2017, 08:11:43 PM

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
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