beginners be very carefull

[to64time]

If I escrow with somebody can they still scam me? Like if i send skrill can they somehow get my $ and never send me the bitcoin? Kinda like on paypal u can send money but then void it type of thing

[achow101]

If I escrow with somebody can they still scam me? Like if i send skrill can they somehow get my $ and never send me the bitcoin? Kinda like on paypal u can send money but then void it type of thing

Yes. That is why you use escrow. The idea is that the escrow is someone that both parties trust so he is entrusted with the Bitcoin while you send the other person the goods (e.g. digital stuff, skrill, paypal, etc.). When you confirm that the trade has happened the escrow releases the money to you.

[fandicapping]

Cloud mining is really just going about the marketing all wrong.  What they need to be selling you on is sure you might only be getting half of your money back if you were to sell you cryptocurrency now but what if you hold it.  From what I gather nobody really knows exactly what is going to happen with it.  If you look at BTCs history you can easily see where once upon a time it was probably the most profitable investment anyone ever made as far as ROI%.  What they need to be selling you on is an easy way to accumulate these coins for a fairly cheap wager.  I've bet more than $65 on plenty of football games.  If someone wanted to sell me on accumulating a little of this for $65 just in case it blows up, I'd probably be game.  What's the worst that could happen?

[Viviyang]

If I escrow with somebody can they still scam me? Like if i send skrill can they somehow get my $ and never send me the bitcoin? Kinda like on paypal u can send money but then void it type of thing

Yes. That is why you use escrow. The idea is that the escrow is someone that both parties trust so he is entrusted with the Bitcoin while you send the other person the goods (e.g. digital stuff, skrill, paypal, etc.). When you confirm that the trade has happened the escrow releases the money to you.

If I sell bitcoin using a escrow to somebody with paypal, will the buyer still scam me by reversing the transaction?

[AncilVTwo]

this is why i dont do cloudmining lol , its just too much of a hassle and the profit is insignificant.

[winspiral]

this is why i dont do cloudmining lol , its just too much of a hassle and the profit is insignificant.

Insignificant profit is better then insignificant lost...And I prefer not compare it with big lost or complet lost.

The "class" is to choose the good ones...
It is so easy to say everything is scam...
No...all is not scam,if it were so it would be easy to choose...the problem is that everything is not scam.
have noze...(lol)

[bitcoinear]

This is a known issue. Even "old" members are often getting scammed by such sites. Never trust someone here.
The case of Master-P shows that even the trustful people are not trustful

[The Sceptical Chymist]

This is a known issue. Even "old" members are often getting scammed by such sites. Never trust someone here.
The case of Master-P shows that even the trustful people are not trustful

I'd like to second this.  I happen to think that most of the old timers here with green trust are in fact trustworthy, but yeah.  I said it before:  the Master-P situation is disheartening, and it's not a good idea at all to trust anyone here.  The best way to pull a long scam is to acquire trust first.

[Glob]

Cloud mining sucks I got ripped off by http://pbmining.com a year ago, the sad newbie experience many of us go through.

[Juliamit]

Is hashnest a good cloud mining site?

[winspiral]

Is hashnest a good cloud mining site?

so far yes...but you have to trade a minimum becauce the Gh/s is fluctuating...if you let sleep them...you can risk losing.
so far I was lucky with hashnest.

[pocarime32]

This is a known issue. Even "old" members are often getting scammed by such sites. Never trust someone here.
The case of Master-P shows that even the trustful people are not trustful

Yeah it's hard to find a trusted person in this forum. even old member escrow like master-p also can scam you. i think we need something new to prevent this.

[Amph]

Is hashnest a good cloud mining site?

they are the best cloudmining site, they also have the last asic tech

too bad there is a minimum in purchasing their hashpower, you can not for example purchase less than one unit, otherwise one can try how fast the roi will actually come in

[winspiral]

Is hashnest a good cloud mining site?

they are the best cloudmining site, they also have the last asic tech

too bad there is a minimum in purchasing their hashpower, you can not for example purchase less than one unit, otherwise one can try how fast the roi will actually come in

The ROI is to see otherwise because you can withdraw anytime.
you can win or lose because the Gh/s price is very volatile...

So far i'm not unlucky but if i trade bad...

[Amph]

Is hashnest a good cloud mining site?

they are the best cloudmining site, they also have the last asic tech

too bad there is a minimum in purchasing their hashpower, you can not for example purchase less than one unit, otherwise one can try how fast the roi will actually come in

The ROI is to see otherwise because you can withdraw anytime.
you can win or lose because the Gh/s price is very volatile...

So far i'm not unlucky but if i trade bad...

i would not trade immediately, i would at least wait for half of my roi, then see if i can reach it in the other planned half, or the roi has extended due to difficulty

at that point i can decide to sell my hash

[peterspijzer]

hi guys, here peter from the netherlands

simple question, I hope:

in blockchain.info, wat is the PRIVATE key and wat is the PUBLIC key

in other words, how does private key and public key look like?


thanks in advance, have a healthy 2016

[DannyHamilton]

hi guys, here peter from the netherlands

simple question, I hope:

in blockchain.info, wat is the PRIVATE key and wat is the PUBLIC key

in other words, how does private key and public key look like?

thanks in advance, have a healthy 2016

Generally with a blockchain.info wallet you won't see the public or private keys for your bitcoins unless you make special effort to find them.  If you create a backup of your wallet, they will be stored in that backup.

The private key is a number randomly chosen by the software between 1 and 115792089237316195423570985008687907852837564279074904382605163141518161494336
(when represented in base 10).

That number can be represented in any of various forms such as binary, hexadecimal, octal, decimal, base58, or Wallet Import Format (also known as base58check or WIF).  The most common format you'll probably find it in will be WIF (Wallet Import Format) which will start with either a "5", "K", or "L" and consist of an additional 50 (if it starts with a "5") or 51 (if it starts with a "K" or "L") letters and numbers.

The public key is the X and Y coordinates of a point on the secp256k1 curve.  As such it is 2 very large numbers.  It may also be represented in "compressed" form where the X value is given along with an indication of whether the Y value is odd or even.  From there the Y value can be computed when needed.

The public key can also be represented in any of various forms such as binary, hexadecimal, octal, decimal, or base58.  To most common form you are likely to see it in is hexadecimal (where upper or lower case don't matter and the only valid letters are A, B, C, D, E, and F) which will start with 04 (or 0x04) followed by 128 letters and numbers for uncompressed or either 02 or 03 (or 0x02 or 0x03) followed by 62 letters and numbers for compressed.

[peterspijzer]

allright, that is very technical

can you give me an example of the private key
can you give me an example of the public key

[DannyHamilton]

can you give me an example of the private key
can you give me an example of the public key

Sure.  What format do you want?

Private key in WIF:
5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF

Private key in WIF for compressed key:
L53fCHmQhbNp1B4JipfBtfeHZH7cAibzG9oK19XfiFzxHgAkz6JK

Private key in hexadecimal:
E9873D79C6D87DC0FB6A5778633389F4453213303DA61F20BD67FC233AA33262

Private key in base64:
6Yc9ecbYfcD7ald4YzOJ9EUyEzA9ph8gvWf8IzqjMmI=

Public key in hexadecimal:
04 588D202AFCC1EE4AB5254C7847EC25B9A135BBDA0F2BC69EE1A714749FD77DC9 F88FF2A00D7E752D44CBE16E1EBCF0890B76EC7C78886109DEE76CCFC8445424

Compressed public key in hexadecimal:
02 588D202AFCC1EE4AB5254C7847EC25B9A135BBDA0F2BC69EE1A714749FD77DC9

[peterspijzer]

whow

here i got a code, that is called "identification"
and it has 8 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 12 characters and/or digits

is this the private key or public key?

by the way, I'm using the blockchain.info wallet, I think