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381  Other / Beginners & Help / Re: Newbie Question: Bitcoin Vs. Other Cyptocurrency on: January 24, 2018, 05:02:19 AM
BTC is the original cryptocurrency that uses a new distributed ledger known as the blockchain. However, there are a lot of other altcoins on the rise that are worth looking into.



382  Other / Beginners & Help / Re: can anyone advise me on: January 24, 2018, 04:46:39 AM
Here's a simple website to start with:

https://www.bitcoin.com/getting-started

Once you learn the basics, utilize this forum to ask questions or advice.

Good luck!  Smiley
383  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Different wallets that accept altcoin? on: January 24, 2018, 04:32:28 AM
Check out multisignature wallets and see if it would be a good option for the type of security you're looking for. I found a link with more information about this:

https://captainaltcoin.com/best-multisignature-wallets/

Hope this helps!
384  Other / Beginners & Help / Re: Can Anyone Recommend Good altcoin wallets? on: January 23, 2018, 05:06:32 AM
Cryptonator is a multi currency wallet but the company safe keeps your private key.

Agama supports 12 different cryptocurrencies but your private key is not encrypted.

Exodus is an easy to use wallet, you have control over the private keys, and they encrypt them for you.

Jaxx stores private keys on your device, easy to use, and has shapeshift built in.

Coinomi supports the most cryptocurrencies of this list. It's very safe, you can see an overview of all your balances, and they combine this balance so you can see exactly how much your crypto is worth.

Hope this helps!
385  Other / Beginners & Help / Re: How to send bitcoin Quickly? on: January 23, 2018, 04:42:16 AM
This website can provide you with useful information. They mention that it's not always best to pay more for a faster transaction speed; a reliable solution is to wait until the transaction is confirmed through normal means.

https://themerkle.com/top-4-ways-to-speed-up-your-bitcoin-transaction/

Good Luck  Smiley
386  Other / Beginners & Help / Re: MASTERNODE???? on: January 23, 2018, 04:14:59 AM
Masternodes rely on staking a certain amount of a given currency within the currency’s network.  To establish a masternode, you’d first need to buy a large amount of the currency in question. Then, you'll stake those bad boys and earn your cash back. Once a masternode is live, it accommodates  a unique series of functions, such as instant and/or anonymous payments. It also allows operators to vote on important developments within the blockchain. Each currency has its own guidelines for maintaining a masternode, and if these conditions aren’t met or the currency is moved from its staking position, a masternode will cease operating.

Hope this helps!
387  Economy / Gambling / Re: Investing in btc casinos on: January 23, 2018, 04:08:47 AM
Investing in online casinos is inherently risky and subject to loss even for extended periods of time, so only invest what you are willing to lose.

Good luck!
388  Economy / Gambling discussion / Re: the house always win???? on: January 23, 2018, 04:00:31 AM
The casinos don't beat the players because they get lucky, they beat the players because the odds are stacked in their favor.  This built-in advantage is called the house edge.  In numbers, it's the the casino's average profit from a player's bet.  For example, in roulette house edge is about 5%.  That means for every dollar bet, the casino keeps 5¢ as profit, and returns the other 95¢ to the players as winnings, on average. The casino doesn't have to destroy you with terrible odds -- they give you an almost even game and make just a few percent on each bet on average.
389  Other / Beginners & Help / Re: Kraken is Also a Wallet? on: January 23, 2018, 03:51:26 AM
Some services such as Coinbase claim that all the currency that they hold in their exchange are insured against theft and that this insurance policy would cover any customer funds lost, but it’s probably not something that you want to put to the test.So, with the stakes being so high, the safest option is to store your currency in a cryptocurrency wallet.

Hope this helps!
390  Other / Beginners & Help / Re: Is localbitcoins safe? on: January 19, 2018, 07:12:10 PM
There are many scams and you need to use caution and fees can be slightly high when buying with cash but the difference between Local Bitcoins and most exchanges is that LocalBitcoins does not require personal information when making good trades. Unlike other exchanges, which require ID verification and personal information, Local Bitcoins allows you to buy bitcoin without connecting your name to the bitcoin you’re buying. It's also one of the most private ways to purchase Bitcoin.
391  Other / Beginners & Help / Re: ECR20 compatible online wallets on: January 19, 2018, 06:59:43 PM
Maybe you'll find this link useful:

https://themerkle.com/top-5-ethereum-wallets-compatible-with-cryptocurrency-ico-tokens/

They talk about IMTOKEN, METAMASK, PARITY, MIST, and MYETHERWALLET. These should support ICO tokens.

Good luck!
392  Economy / Trading Discussion / Re: What is the best way to buy BTC, ETH, LTC and such in Canada? on: January 19, 2018, 05:35:14 PM
Residents of Canada can use Coinbase to purchase bitcoins with a credit card. The fees are 3.99% per purchase, and your bitcoins are delivered instantly.
393  Other / Beginners & Help / Re: Exchange to convert altcoin in bitcoin on: January 12, 2018, 06:20:13 PM
Try this site- https://coinswitch.co

Coin Switch supports over 100 currencies to exchange.

Good luck!
394  Economy / Exchanges / Re: Is it safe to buy coins through the Tor browser? on: January 12, 2018, 06:10:13 PM
There are a few things you need before you consider purchase off of Tor.

Get yourself a computer configured with Tails
Purchase Bitcoin anonymously.
Send the coin through a tumbler .
Create an anonymous wallet and receive the tumbled coin.
Purchase with coin from a market.

These are the basic steps to securely purchase. Hope this helps!
395  Other / Beginners & Help / Re: Trying to find my user ID number on: January 12, 2018, 06:00:15 PM
You'll want to click your username and you will see a 6-digit number at the last part of the URL; that's your UID.

Cheers!
396  Other / Beginners & Help / Re: Best amount to risk for a beginner on: January 12, 2018, 05:53:25 PM
Start small and just do your research on what currencies you feel comfortable investing in. Once you get the hang of everything, you can decide if you want to put more money in.

Good luck!
397  Other / Beginners & Help / Re: How to sell any cryptocurrency for USD? on: January 12, 2018, 05:46:56 PM
When it comes to selling your Bitcoin, you essentially have two options. The most popular way of turning Bitcoin into fiat currency is through centralized exchanges such as Coinbase and Gemini.

If you are looking to trade your Bitcoin directly for physical cash, LocalBitcoins.com may be a better solution.

LocalBitcoins is a person to person trading site where people can post their own bids for the buying and selling of Bitcoins to USD or other local fiat currencies.

Not only is there no identity verification, there are sometimes great arbitrative opportunities depending on how desperate a person is to buy bitcoin and how many other sellers there are in the area. This can create the ability to sell your Bitcoin above market value.

Good luck!
398  Other / Beginners & Help / Re: what is a fork? on: January 12, 2018, 05:39:01 PM
Coin splits are created intentionally via forks of the blockchain, sharing a transaction history with Bitcoin up to a certain time and date.

Hope this helps!
399  Alternate cryptocurrencies / Altcoin Discussion / Re: Are masternodes worth the trouble? on: January 09, 2018, 09:55:22 PM
Some people own masternodes as a great governance mechanism in cryptocurrency systems..since the owner of a masternode will have a say in developmental matters through voting, for instance. So it's not as much about money, but because someone would want to safeguard their investment in this way. The importance of master nodes is also clear with many people competing to give proposals that show real value and promise good returns.

Hope this helps!
400  Other / Beginners & Help / Re: Hi all. Newbie here on: January 09, 2018, 09:45:08 PM
You never know! There are a lot of plausible predictions out there, keep up to date on them and stay informed of changes. Welcome!
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