Bitconian (OP)
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January 25, 2013, 11:23:22 PM |
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Hi guys, I was introduced to Bitcoins last September. I didn't know anything about that and I started studying more about that. I also found this forum and learned A LOT from you guys, so, to thank you all and to give back, I thought about doing a small summary of what I have learned so maybe new guys can find this helpful. I will post a lot of links from outside and to my own posts, so people with the same doubts that I had can look for the answers that I got there and maybe that may answer their question too. I learned: - In September 2012, the very first thing I learned was from this video (like many of us
) : http://youtu.be/Um63OQz3bjo and this website: http://www.weusecoins.com/ - My friend introduced me to my first wallet and my first pool: http://bitcoin.org/ and http://bitminter.com/
- I still didn't know what I was doing.
- This amazing post resolve 99% of your doubts: https://bitcointalk.org/index.php?topic=9430.0
- At the end September I found out that mining as we know it (or as I just knew) was about to end thanks to the ASIC machines. I didn't know what mining was and less idea of what ASIC was. So I started reading about that and I find many companies like Butterfly Labs, Avalon and BTCFPGA (http://bitcoinmagazine.com/tag/asic/)
- I learned how awesome this forum is, willing to help a new guy like me
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) - I was still learning how to mine, so I asked in this forum about that (https://bitcointalk.org/index.php?topic=114723.msg1236829#msg1236829) and they told me about pools, mining and I ended upgrading my graphic card
(you can compare the speed of mining here: https://en.bitcoin.it/wiki/Mining_hardware_comparison and you can calculate how many bitcoins here: http://tpbitcalc.appspot.com/) - I found out all the pools out there (https://bitcointalk.org/index.php?topic=104664.0)
- In October I was looking for rigs to mine (https://bitcointalk.org/index.php?topic=114823.msg1238027#msg1238027) because I found this video: http://youtu.be/eLt8Se3vVNg
- Then I didn't understand why pay fees when mining, but this forum was even greater than what I thought
https://bitcointalk.org/index.php?topic=115260.msg1242456#msg1242456 - So once I learned about mining, I download GUIminer and I started mining in 3 pools at the same time (https://bitcointalk.org/?topic=3878.0)
- After 40 days I mined my first bitcoin
YAY! now, I wanted to know what I can do with that and I found places to buy with bitcoins like www.bitmit.net - I wanted to control my mining from my cellphone and I found Bitcare very useful (https://play.google.com/store/apps/details?id=org.cryptcoins.btcare&hl=en), and also Bitcoin Wallet to have a new wallet in your phone (https://play.google.com/store/apps/details?id=de.schildbach.wallet&feature=search_result#?t=W251bGwsMSwyLDEsImRlLnNjaGlsZGJhY2gud2FsbGV0Il0).
- I wanted to buy more bitcoins, didn't know where. Dwolla https://www.dwolla.com/ and Mt.Gox https://mtgox.com/ were there for me. I found out that Dwolla is a pain in the ass. I had to wait 3 weeks to verify me and 3-5 days every time to make a deposit. But besides that, it works...althought I found this today: http://codinginmysleep.com/dwolla-begins-suspensions/
- People who likes bitcoins don't usually likes PayPal
- I also found places where they give bitcoins away...for free!
http://makebitcoinsfast.com/ and http://earnbitcoin.wikidot.com/ - I was new and happy until I found what a block is and how it dropped from 50BTC to 25BTC https://en.bitcoin.it/wiki/Blocks and http://blockchain.info/
- You can know when the new block will happen: http://bitcoinclock.com/
- More companies started to use bitcoins like WordPress (http://www.forbes.com/sites/jonmatonis/2012/11/16/whats-your-bitcoin-strategy-wordpress-now-accepts-bitcoin-across-the-planet/). You can even buy a house with btc!
http://bitcoinmagazine.com/where-to-spend-your-bitcoins/ - Cool sites that I still don't understand like: http://cognitivemining.com/ or http://bitcoinstatus.rowit.co.uk/
- The biggest wallet so far had more than 613,000 BTC and its own site (http://1dkybekt5s2gdtv7aqw6rqepavnsryhoym.com/)
- You can watch how bitcoins are going higher or lower in sites like here: http://bitcoinwatch.com/ and http://bitcoin.clarkmoody.com/
- That a guru of Gold and Silver, is accepting Bitcoins in his web: http://mogamboguru.blogspot.com/
- They have more names than just bitcoins... Sub-units of a bitcoin such asmillibitcoins ("Millies") or microbitcoins ("Mikes"). The Bitcoin protocol uses a base unit of one hundred-millionth of a Bitcoin ("a Satoshi")
- What 2013 has in store for bitcoins: http://bitcoinmagazine.com/the-next-year-in-bitcoin-what-2013-has-in-store/
- Some companies are afraid of bitcoins like apple and why: www.forbes.com/sites/jonmatonis/2012/06/13/why-apple-is-afraid-of-bitcoin/
- You can help others by crowd founding with btcs: https://bitcointalk.org/index.php?topic=118458.0
- You can bet anything: http://betsofbitco.in/ or http://bitbet.us/
- And also short cut your wallet: http://payb.tc/
- Hitler sells alls bitcoins: http://youtu.be/alc0gG0u48M
- That if the bitcoin drops to $4 (it was my dream
)... 82% of the people would buy all the btc they could https://bitcointalk.org/index.php?topic=137249.0 - Casinos will make money....ALWAYS, any currency, any country: www.forbes.com/sites/jonmatonis/2013/01/22/bitcoin-casinos-release-2012-earnings/
- There is wikipedia about bitcoins (http://en.wikipedia.org/wiki/Bitcoin) and there is a wikipedia only of bitcoins: (https://en.bitcoin.it/wiki/Main_Page)
- Blogs keep growing to understand better about bitcoins: http://www.thebitcointrader.com/
- I learned the hard way that if you have several wallets in your Bitcoin Wallet in your phone, it can crash and lose money. Be careful. https://bitcointalk.org/index.php?topic=137785.msg1468748#msg1468748
- You can have multiples wallets in your computer thanks to: https://multibit.org/
- I thought a fork was for eating, but there are more
https://bitcointalk.org/index.php?topic=136802.msg1457287#msg1457287 - There is no flaws in bitcoins: https://bitcointalk.org/index.php?topic=136740.msg1456910#msg1456910
- Also, if you sign your account of the forum with your wallet, your nickname would be attached to it, always: https://bitcointalk.org/index.php?topic=137667.msg1467500#msg1467500
- You must create a SECURE wallet: https://bitcointalk.org/index.php?topic=17240.0
And that's it so far. I'm still learning but I can see how much I have learned in just 4 months. I got my wallets secured, with many bitcoins and waiting for an asic. I hope this post can help anybody. Thank you guys! All the best.
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You can make me smile ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 1GEUEBTm6XfRuqAswrR6LbofnMq6VN5A5P
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benjamindees
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January 26, 2013, 01:11:35 AM |
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Dwolla is a bunch of scammers. There should probably be a warning somewhere about how worthless it is.
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Civil Liberty Through Complex Mathematics
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hazek
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January 26, 2013, 12:07:47 PM |
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Wow what an amazing writeup. It's really interesting to get a glimpse into how someone completely new to Bitcoin learns about it and I thank you for taking the time and writing your post! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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imanikin
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January 26, 2013, 12:30:13 PM |
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Dwolla is a bunch of scammers. There should probably be a warning somewhere about how worthless it is.
+1 No one in the B community should forget that and how Dwolla led to the demise of TradeHill xchange... For that and what continues i wish Dwolla the worst possible ending, and urge all B people to abandon it. If the story below is true, unfortunately Dwolla's demise doesn't seem likely: http://www.dgcmagazine.com/iowa-now-accepting-some-tax-payments-via-dwolla/#more-1117 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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paraipan
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January 26, 2013, 01:07:10 PM |
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Nice one @Bitconian ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Btw, you learned how to get bitcoin tips? Because I don't see your address anywhere to send you some coins.
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BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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Matthew N. Wright
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January 26, 2013, 01:22:47 PM |
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Wow what an amazing writeup. It's really interesting to get a glimpse into how someone completely new to Bitcoin learns about it and I thank you for taking the time and writing your post! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) +1 It's always interested to see other peoples' perspective of this community, and sometimes humbling and embarrassing when their write-up ends with "and then I was harassed regularly and left bitcoin forever because of the trolling". @OP: You can now add to the list that on January 26th, 2013 you learned that Bitcoin had a Christmas Special. http://www.youtube.com/watch?v=PGuD9ru27d0
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MPOE-PR
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January 26, 2013, 02:57:44 PM |
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Dwolla is a bunch of scammers. There should probably be a warning somewhere about how worthless it is.
This. Wow what an amazing writeup. It's really interesting to get a glimpse into how someone completely new to Bitcoin learns about it and I thank you for taking the time and writing your post! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) This as well. Thx OP.
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Carlton Banks
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January 26, 2013, 04:51:28 PM |
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You'll soon learn something else: that's a good thing right there. It's what makes them worth saving.
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Vires in numeris
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Elwar
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Viva Ut Vivas
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January 26, 2013, 05:16:27 PM |
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Good overview. The bigger Bitcoin grows, the more people will know only a sliver of what it has to offer.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Bitconian (OP)
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January 26, 2013, 05:24:08 PM |
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Nice one @Bitconian ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Btw, you learned how to get bitcoin tips? Because I don't see your address anywhere to send you some coins. Thanks! You can send any coins you want here: 1GEUEBTm6XfRuqAswrR6LbofnMq6VN5A5P I still use that wallet, but now it's my old wallet. I got a new one, more secure, and more secret ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and if you send some....I will appreciate your gesture ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And thanks every one. I'm glad you like the post. You all helped (and still helping) me so in thanks for that, I wanted to give something back to the community. B.
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You can make me smile ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 1GEUEBTm6XfRuqAswrR6LbofnMq6VN5A5P
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paraipan
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January 26, 2013, 05:55:07 PM Last edit: January 27, 2013, 12:02:55 AM by paraipan |
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Nice one @Bitconian ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Btw, you learned how to get bitcoin tips? Because I don't see your address anywhere to send you some coins. Thanks! You can send any coins you want here: 1GEUEBTm6XfRuqAswrR6LbofnMq6VN5A5P I still use that wallet, but now it's my old wallet. I got a new one, more secure, and more secret ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and if you send some....I will appreciate your gesture ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And thanks every one. I'm glad you like the post. You all helped (and still helping) me so in thanks for that, I wanted to give something back to the community. B. There you go 07f1aac.... Visit me on Rugatu where I usually give out more coins for people that help out others.
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BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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phelix
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January 26, 2013, 05:57:47 PM |
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evoorhees
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Democracy is the original 51% attack
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January 26, 2013, 06:29:23 PM |
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- People who likes bitcoins don't usually likes PayPal
Hahahaha yes that is correct! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for your post, very interesting to see the experience of new community members. And welcome to the greatest project on Earth.
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Elokane
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January 26, 2013, 11:39:08 PM |
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Nice write up. Fun to read. thanks. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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kokojie
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January 28, 2013, 03:45:50 AM |
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You haven't learned ALWAYS BACK UP YOUR WALLET? and also the golden rules of backups: * if you have one back up, you actually have none. * if you have two back up, you actually just have one. * if all your backups are in a single physical location, you actually have no backups.
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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nyusternie
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"Living the Kewl Life"
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January 28, 2013, 06:38:47 AM |
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- They have more names than just bitcoins... Sub-units of a bitcoin such asmillibitcoins ("Millies") or microbitcoins ("Mikes"). The
i've actually heard this mentioned elsewhere before. and i understand there is still no "official" standard, but does anyone know if this goes the other way too: - "Killies"
- "Meggies"
- "Terries"
just curious
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Rassah
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January 28, 2013, 04:36:46 PM |
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Nice writeup. Been playing with these for years, and still learned something new ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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payb.tc
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January 31, 2013, 01:20:39 AM |
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You haven't learned ALWAYS BACK UP YOUR WALLET? and also the golden rules of backups: * if you have one back up, you actually have none. * if you have two back up, you actually just have one. * if all your backups are in a single physical location, you actually have no backups.
to add to that... backups != archives and archives != backups you probably want both, so understand the difference!
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mokahless
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January 31, 2013, 03:33:29 AM |
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Nice writeup. Been playing with these for years, and still learned something new ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) +1
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lettucebee
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January 31, 2013, 10:34:30 AM |
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I was hoping you were going to describe your home improvement project where you needed a cordless Ryobi 18v drill and how you found a way cool store offering it up for bitcoin...but no, you didn't.
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