Welcome!

In the US I used moneygram. I did see someone mention not to use moneygram but as of yet haven't figured out why not. Worked well for me.

I seem to still have my restrictions after a day and 10 posts

Welcome. I'm a bit of a newb also.

I did read a post somewhere that the trust system was not exactly up to par yet. I think we all start out negative.

I know a number of services are using mtgox exclusively because of their api. Curious if the other exchanges will provide a robust api.

Is this relevant only to mining with GPU's. Or relevant to the Asics also.

I've been considering getting into it but haven't calced out energy costs for my area yet. I'm in CA and electricity is on the high side. So might not be a consideration at all when I crunch the numbers.

Unfortunately our utility district is very vague about our actual rates. It shifts at any time with the smart meters. So hard to figure out if it will be profitable or not.

What's the issue with moneygrams? That's how I did it. Moneygram to mtgox from my local cvs drug store. No issues

garbage

Awesome!

Yes it is open source and I'm sure many have poured through the code. But it would be cool if the computing power was actually used for something useful (like gene bending) Maybe it is. I don't know.

I didn't understand ripple as a currency. Is it another currency or more of a way of trading between currencies?

How valid is that. Is there any reason why bitcoin cannot be subdivided into infintely smaller increments. It would just take a naming convention to make that simple. I mean it's hard to state a price as .0000000000001 btc but if that increment had a name it would be simple.

Seems like litecoin is just simply a different currency.

aregato

Yes I'm curious also what you mean by an offline wallet? Is this simply something like electrum on your hard drive? But if the computer itself is connected then there is still some level of risk. And qt? not sure what that is?

Hey Grin,

Thanks for that link. I'm a noob and finding the newbie forum just fine for the moment. But of course I will want to be moving on.

Nice Job! Looks like the doppleganger posted that one.

BC is going to be the new place for scammers. However bc is also the new place for old business models to come into. I have no idea on this one but free giveaways have always been a way to introduce new products. A new business needs testimonials and of course a lead gen method. So just use common sense peeps.

I mean, if we want to eliminate the need for regulators to create laws ( I assume most in here are not in favor of heavy regulation) people need to use their brains and decide for themselves.

I absolutely agree. We should totally expect bc to be extremely volatile. Since we are so much at an investors stage and not yet at a currency stage it could easily fluctuate rapidly as normal panic/greed cycles go through their paces. Once it becomes more of an actual currency (accepted by a substantial number of businesses) the fluctuations will level out a bit.

Sorry your last post wasn't there yet when I posted my question.

I'm not at all familiar with the underlying algorithms. What in that statement says dishonest? Maybe just a link to reading about algos so I can figure it out myself?

I have a whole lot of domains so this look interesting to me. I'm mostly at godaddy but not fond of the CEO's practices so I'd look at this for sure. My biggest concern is ease of use and customer service. I don't want something where I waste my time doing something that's should be easy like a DNS change. Any feedback on this?

I found that the easiest way to buy bitcoin was through my local Drugstore. CVS in my case. I think the actual company was moneygram. It worked much like wiring money. they just wired it into my mtgox account. They do take cash only to avoid chargebacks. But it was very easy and fast.