bitcoin.de is a blessing compared to all the other exchanges, very nice design and functions, you don't have to deposit money on it, only bitcoins, and you pay directly to the seller with bank transfer, and you can even spend up to $2,500 before needing a complete registration...only problem, if we want to call it so, is that you need to be in the Euro zone, sorry Americans&Asians&rest of the world  btc-e and the others are good only for coin-coin exchanges...anyway I have no affiliation at all with bitcoin.de, just sharing my experiences, all other exchanges should be like that, and not only for the Euro zone... So, when I sell BTC on bitcoin.de that particular member will have to make a bank transfer to my account? Not the exchange itself? Yep, asks/bids are not matched automatically. You pick your bid/ask and then wire the money or wait for money to be wired. There are some deadlines and trust rating. It is a little bit like localbitcoins, but with specific bids/asks. Bitcoin.de does escrow and identity verification, but they don't seem to do much in fraud cases (canceled wire transfers, delayed transfers, ...). |
|
|
|
Chances are you are not going to see them again. Why? Because it is so volatile. A couple wrong calls and they are not able to pay you back. The only reason you get interest at your bank for USD/EUR/... is that it is relatively safe to invest it for higher profit. You don't get interest on stocks, you might even pay your bank for storage. |
|
|
|
|
There have been service offers like that before. Chances are you are not going to see them again.
Bitcoins alone are classified high risk. And you want to further add to that risk by lending them to someone who promises high returns?
|
|
|
|
|
In China wurde den Finanzinstituten (z.B. Banken) verboten Bitcoins zu handeln. Tauschbörsen sind weiterhin legal. Händler dürfen Bitcoins akzeptieren, aber nicht Ware ausschließlich in BTC ausweisen. Bitcoins wurden also auf den privaten Sektor beschränkt, vermutlich um mögliche Konsequenzen auf die Wirtschaft zu minimieren.
Für die Langlebigkeit von Bitcoin ist das gut, bedeutet aber auch, dass chinesische Finanzinstitute/Investoring nicht sobald viel Geld in Bitcoin investieren werden. Zum Teil war das vielleicht im Kurs enthalten.
Desweiteren akzeptieren Baidu (China's Google) und China Telecom keine Bitcoins mehr. Das Ganze war vom Umsatz her nicht relevant, hatte aber eine große emotionale Bedeutung. Oder anders gesehen, wurde von Spekulanten zum Anlass genommen zu verkaufen. Und scheinbar hat der Rest mitgezogen.
Dazu kommt noch das Wochenende. Ich vermute, dass es am Montag sobald neues Geld in die Börsen kommt wieder leicht hoch geht. Dazu kann man aber sicher ganz viel im Spekulationsunterforum lesen.
|
|
|
|
Huh this is a joke right? The Bitcoin price corrects back to its price 4 weeks ago and it's starting to fail? Btc holders need a little more courage behind their conviction that lead them to investing in the first place then they wouldn't get phased by these normal growing pains which most here have seen over and over and over again. You might want to actually read the linked thread and the article. This is exactly the point the article makes, while explaining the situation in China. |
|
|
|
|
Since you are asking for alternatives ...
Get a cheap notebook and use it to sign Armory offline transactions. That notebook never goes online and the private key never leaves the notebook.
You can review the transactions on the notebook before signing them. Something, I believe, you cannot do with the Trezor?
|
|
|
|
|
Let me guess. You all pay different amounts for electricity.
Let's throw around more numbers!
|
|
|
|
|
Transaction fees are used up for maintaining the network.
You can't calculate the value of a Bitcoin. Then again, if you are happy with $1325, all the better. Whatever works for you.
|
|
|
|
so what is the difference between a deterministic wallet and a brain wallet if in both cases you are using a passphrase that is singificantly complex but you can remember it (like a long password)?
Brain wallet means you memorize the secret. Paper wallet means you print it. Deterministic describes the method how addresses are generated in a wallet. Given an initial random seed, the bitcoin addresses are generated deterministically. You know the seed, you know all future addresses. As opposed to the reference client (bitcoin-qt), which does not keep track of the seed, you only have to backup the initial seed and not each and every address. Another question - if somebody knows your private key but not your public key can they derive your public from your private key?
Yes |
|
|
|
On the other hand, 6000 CNY is roughly worth $980. So it's hard to tell if it will sharply go up again. I'm sure the folks in Speculation will tell you all about it.  |
|
|
|
|
Well, Mt.Gox dropped about 10%.
|
|
|
|
The big surprise is that news of the Baidu mp3 service accepting BTC didn't make it out of China, I never heard that news anywhere.
So Baidu Jiasule still accepts bitcoin, but a music service that people were unaware about no longer does? That explains why the price in China barely moved. I guess speculators on Mt.Gox decided it was good enough and sold some. |
|
|
|
Baidu music service? Great translation  Oh, and did they ever fully implement Bitcoin payments? One payment address for everything ain't how Bitcoin works. Announcement in Chinese: http://jiasule.baidu.com/news/525cd5aabf9efd699f800e7e/Baidu Jiasule, a CloudFlare-like anti-DDOS service by Baidu (NASDAQ:BIDU), today announce that they accept bitcoin for payment. This is the first service of this kind accepts bitcoin (in the whole world, not just China). If you don't know what is Baidu: it is the Google of China. |
|
|
|
https://en.bitcoin.it/wiki/Deterministic_walletIn short, a deterministic wallet is a is an infinite number of Bitcoin addresses derived from a single key. You can print that key, of course. When people say paper wallet, they typically mean a printout of the private key of a single Bitcoin address.
|
|
|
|
Get the sender to pay at least 0.005 BTC per kB in transaction fees.
That seems like overkill, when the minimum fee is 0.0001. Is the guide outdated? |
|
|
|
Afraid not. It has been talked about though. Maybe it's going to be part of the fee overhaul, but that's not going to help you now. You can hunt down the transaction on blockchain.info. Just start from your address ( https://blockchain.info/address/<your address here>) and click the transaction. It will give you an estimate how long it will take for confirmation. |
|
|
|
I'm fairly sure that you do. Somehow the client needs to scan the blockchain for transactions to addresses that you know the private key of. You can also extract the private keys and import them in a hybrid client (blockchain.info) or a lightweight client (electrum). bitcoind dumpprivkey publicaddr
|
|
|
|
|
A fresh bitcoin-qt installation should show you the UI and stuff.
If you replace the wallet.dat, you'll have to run bitcoin-qt.exe with the -rescan parameter.
|
|
|
|
|
Show Posts
