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Author Topic: What's the hardest thing to understand about Bitcoin for you?  (Read 3040 times)
Goudar
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October 09, 2015, 08:32:40 PM
 #41

The hardest thing about bitcoin is everything is so new. Too many things I don't know where to start learning.
CanIHazBitcoin777
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October 09, 2015, 09:01:23 PM
 #42

The hardest thing about bitcoin is everything is so new. Too many things I don't know where to start learning.

Try starting from the wiki page

https://en.bitcoin.it/
notlist3d
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October 09, 2015, 09:14:43 PM
 #43

The hardest part for me was actually kinda recent it was following the Malleability Attacks.  I find it odd someone who has spend a lot of time to craft this getting to know the inner workings would want to hurt bitcoin.   (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)

It makes me wonder if they are trying to get BTC at a lower price and quick profit.  Or if someone who just does it to get attention like DDOS attacks.

I hope we learn more about the person or persons doing it and their motive.
Anmol_Verma
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October 10, 2015, 02:19:15 AM
 #44

Mining is the hardest thing for me.i still don't understand it so i finally ignored.

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notlist3d
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October 10, 2015, 04:46:14 AM
 #45

Mining is the hardest thing for me.i still don't understand it so i finally ignored.

Any certain part of mining?  There are lot's of us miners here on this board.

We might be able to help, chances are good Smiley
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October 10, 2015, 10:51:17 AM
 #46

The hardest part for me was actually kinda recent it was following the Malleability Attacks.  I find it odd someone who has spend a lot of time to craft this getting to know the inner workings would want to hurt bitcoin.   (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)

It makes me wonder if they are trying to get BTC at a lower price and quick profit.  Or if someone who just does it to get attention like DDOS attacks.

I hope we learn more about the person or persons doing it and their motive.

Yep probably some organized pump and dump cartels trying to manipulate price, they push it down , buy it up , then unload for profit.

Seems like an easy way to manipulate the market because its very susceptive, until they get caught obviously.

foxkyu
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October 17, 2015, 01:44:54 PM
 #47

Getting started in the world of Bitcoin can be a little confusing.
I'd like to know what is the concept that confuses you the most and why.
Back then, the whole thing about the new words i just know in bitcoin. Like blockchain, private key, mining, etc.

Most words is very new, so little need time to understand it. But now i know that little by little.
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October 17, 2015, 01:50:36 PM
 #48

Mining is the hardest thing for me.i still don't understand it so i finally ignored.

Any certain part of mining?  There are lot's of us miners here on this board.

We might be able to help, chances are good Smiley
ok so i have a question about mining. i understand that new btcs are generated when a block is mined. what is the difference between block mining and miners that confirm transaction? are they the same thing?
kevin go
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October 31, 2015, 08:53:35 AM
 #49

maybe the hardest thing for me its about how to earn the bitcoin... Huh
Watoshi
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October 31, 2015, 09:31:29 AM
 #50

Can you explain me more about doublespend? I send some bitcoins using blockchain.info but it double spend accidentaly. There was already a trasaction but my balance was still there. I have to send twice it to get confirm.


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JumperX
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October 31, 2015, 09:37:14 AM
 #51

Can you explain me more about doublespend? I send some bitcoins using blockchain.info but it double spend accidentaly. There was already a trasaction but my balance was still there. I have to send twice it to get confirm.

doublespend is when you spend the same input twice. probably in your blockchain wallet it reflects a possible malleablity attack on 1 of your transactions. try to check your balance at other block explorer
paulart08
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October 31, 2015, 02:05:16 PM
 #52

Is every btc send normally done in 2 transactions?
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October 31, 2015, 02:14:48 PM
 #53

how is it mined and how the blocks are solved or something like that Cheesy

 
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foxkyu
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October 31, 2015, 08:41:04 PM
 #54

Is every btc send normally done in 2 transactions?
One confirmations should be enough. But 6 confirmation is a much better.
BurstIncomeAsset
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October 31, 2015, 09:17:04 PM
 #55

The hardest thing for me is that why does it have so difficult mining algorithm. It goes against decentralization, it should be an easier algo.
smith coins
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October 31, 2015, 09:21:03 PM
 #56

For me the hardest thing at the beginning was to sign a message.
I was thinking that i must have any plugin or additional software to do that.
Then i didn't understand the halving method but found in wiki that is explained in detail.
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November 01, 2015, 05:09:24 AM
 #57

I am starting to have a new one that is my hardest thing to understand.  I cannot understand why anyone would use faucets.  Making cent's per hour is horrible pay I just don't see it being enough to even be enjoyable.

I am surprised how faucets always get brought up in beginner thread.  It makes me wonder if people don't realize it's cents for hours of work.  Or if they are being pushed by people who have faucets and rotaters. 

Don't know if we will ever get that anwser though.
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November 01, 2015, 05:11:59 AM
 #58

Hah,the thing about faucets is a really good question,well maybe in the beginning people don't have much btc to start with and the end up using faucets to earn some btc,however I also think that may be not the best option right there.

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November 01, 2015, 05:32:26 AM
 #59

Is every btc send normally done in 2 transactions?
One confirmations should be enough. But 6 confirmation is a much better.
Technically, waiting for a few minutes, ensuring that it has proporgated well and having a good amount of fee would be more than enough to accept a low amount 0 conf transaction. It is still quite hard for people to reverse it.

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Harry Hood
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November 01, 2015, 05:35:54 AM
 #60

The future.

I wish I could understand what the future holds for Bitcoin. Will it get political and perverse? Will it fade or fail? Will it be eclipsed by something new? Will it gain strength and value at a slow and steady clip?

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