2
|
Economy / Speculation / Re: With the recent price jump, is now a bad time to buy?
|
on: December 18, 2015, 10:45:40 AM
|
It's always the time to buy bitcoin a bit at a time. I buy bitcoin every month with spare cash I have. Your savings will grow. You can spend your bitcoin when you need to and buy it back when you have the opportunity. It is a matter of time bitcoin will be worth a lot more than $500.
|
|
|
3
|
Economy / Micro Earnings / Re: Any way to earn 0.01bitcoin ?
|
on: December 18, 2015, 10:37:24 AM
|
Selling something you own in bitcoin or offer to do work for bitcoin. 0.01btc is not much, anyone can earn that very easily when you put your mind to it. Bitcoin is money, cannot expect it to magically fall into your pocket.
|
|
|
15
|
Other / Beginners & Help / Re: What would happen if blockchain.info becomes inaccessible?
|
on: December 12, 2015, 07:41:04 AM
|
I have a bitcoin wallet in blockchain.info.
Is there a way to recover/find bitcoins when blockchain.info is abruptly shut-down by hacking or unexpected events? I have a paper backup of blockchain.info's wallet.
It is possible. You should backup your private keys often. I export the keys unencrypted in bitcoin core format and encrypt the text file with a strong password.
|
|
|
18
|
Economy / Scam Accusations / Re: bitcoinblackfriday.info - Do NOT use their website.
|
on: November 28, 2015, 12:33:50 PM
|
I was thinking about buying some gift cards from there before, I am glad I didn't. This is a well planned scam, deceiving the most experienced bitcoin users. Characteristics of bitcoin do make scamming easy. I was close to loosing some coins. I am lucky this time, will be extra careful in the future.
Thank you for busting the scam.
|
|
|
19
|
Bitcoin / Development & Technical Discussion / Re: Limited number of bitcoin addresses
|
on: November 27, 2015, 02:07:01 PM
|
The address space is unimaginably large, address collision is extremely unlikely. I understand that ever since I first know about bitcoin. But there is still a worrying thought in my mind that this is possible and there is no protection to my coins when that happens. I have got used to using bitcoin without this insecurity because I think if a collision happened, mine won't be the first to collide. 
|
|
|
|