Can anyone explain to me how Bitcoins work?
You run software on your computer or smartphone called a "wallet". The wallet software communicates with the Bitcoin network and allows you to send and receive bitcoins. It keeps track of the total amount of bitcoins you control. Using your wallet software you can generate a "bitcoin address". A bitcoin address can be given out, and when someone uses their wallet to send bitcoins to that address, they will show up in your wallet. If you use a new address for every transaction, then you can see in your wallet who sent you bitcoins and when. How to safely purchase bitcoins?
That depends on where you live. Some possibilities are: - Coinbase
- BitStamp
- Bitfinex
- Circle
- LocalBitcoins
Also explain to me how they are electronically stored and where?
Every transaction that has ever occurred with Bitcoin is permanently recorded in a public ledger called "the blockchain". Every full node peer on the Bitcoin network stores a complete copy of the blockchain. When you send or receive bitcoins, the transaction is transmitted by your wallet onto the Bitcoin network. The peers relay it until almost all node are aware of it. Eventually the transaction is confirmed into a block which is added to the blockchain. Your wallet software is aware of which addresses it is able to accept transactions at. It scans the entire blockchain and adds up all the unspent transaction outputs that were sent to addresses that your wallet has control over. whew , you've made the best post so far imo , to the newbie i belive that checking the what is bitcoin etc video's will help you out alot , that's how i got started atleast. |
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it took a billion years untill people slowly started using dollars , it's only been a few years since bitcoin existed , just be patient. People will realise how revolutionary cryptocurrencies are and that's when we'll start seeing uptrends.
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you are simply simply crazy my friend , if gold ever goes to the moon , we'll just have crazy scientists ruining it by printing gold.
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Hi mr.Shadowrunner i am going to be incredibly careful when visiting the magical bitbeans.
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anyone in here receive email notification 1000 neucoin free after give feedback and fill survey ?
has been end ?
i see many people in the forum receive email notification
thx U
DEV , how comes this is not adressed in the ann ? |
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This coin seems really intresting to me , not sure why its getting called out for being a scam. if that team is real , there's some real known people etc in and i have a hard time beliving it would be a scam if that team is true. however , it will be intresting to see how this does. Im waiting for the whitepaper untill i judge :>
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Its good time to buy Kobo, in my opinion price will grow up.
it wont grow up , this coin is completly utterly useless in growing up , it cant grow my friend. ALL this coin can do , is make the world a better place and stabalize an economy at moon , that even aliens will be able to use and together we will make this coin the biggest and greatest of all times. Also making sure the price hits a million dollar each and we'll all be rich , but we wont care about the money we'll be happy we were in the beginning and we'll brag about it to the aliens : > |
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hmmm EDIT: hmm.... not sure what to say about that one  you dont have to say anything , just provide a wild beasty pool : > DEV , when is launch ? |
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To answer your Paycoin question. Just google beats by Dr. Dre. then turn the symbol upside down and blue instead of red and you have Paycoin logo. Then check out coinbase for the rest of their copy work, lol.
PS. What time Eastern is launch? 10am 11am?
I have got a Countdown on my Poolspage, it also displays eastern time. thanks for the countdown , im bad with timezones :> appreciate it mang |
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so this is an altcoin announcement ?
We normally do crowd-sales for tokenized projects, such as our most recent, GetGems. We're open to tokenized projects, or a straight donation based crowd fund for this upcoming project. We wanted to get the whole scenes input. please just move the thread , we're sick of people making threads that arent new coins , this does NOT belong here. |
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As a matter of balance, I did trade with josef2000. I found him a bit difficult to talk to (maybe he's a teenager or has ADHD?), but the trade went fine.
2000 = year 2000 aka 14 / 15 years probably , its possible that he's a big trader and dont wanna get scammed. |
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Did you cry as much about the upgrade from 32bit to 64bit operating systems?
Or from 1.44 MB floppy disks to 200 MB CDs?
I'm still using floppies, I don't know why anyone would think they are obsolete. But I still need to upgrade my operating system, so I think this will be a long night.  dayum , floppies that were the timse man ! didnt know people actually still used them , and now i want to use them : > |
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whew , the more and more i read this section of bitcointalk , i learn that USA is a really weird place.
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Those safe cities are also gay cities. So what your saying is gay people are our only hope for a safe society?
" gay cites " ? what exactly do you mean with that the majority is gay ? cause i wouldnt belive that |
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What is xde ? And where do i get some ? Because vases on this thread i think it Will reach 500 btc minimum
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Nope , 1 bitcoin = 100 bitcoins. nuff said that's just the way it is my friend.
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people feeling sad for this guy now , is gonna feel jelly when bitcoin reaches 100k each :>
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wait till bitcoin will be 100$ and buy =)
what makes you think it will go to 100 bucks mate ? , cause i think we're gonna see an uptrend based on data i've gathered Or it will go to 100ish then we will see the uptrend. i kind of hope so , but i have a hard time beliving that will happen. would be amazing tho i'd be able to buy quite alot of coins and feel like a bitmillioniare : > |
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use an offline wallet if you're gonna have big amounts otherwise coinbase works , your coins are lost. if you want to i could refund your btc just give me an adress : >
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this would require way to much power to do , and i mean like way to much and the user would just end up getting blacklisted anyways.
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