BitcoinQuickStart.com simplifies things for newbies

[Coinster]

Hey everyone,

Bitcoinquickstart.com is meant to consolidate information so newbies can get up and running fast.

People new to bitcoin often have similar questions and searching this forum and the wikis can require time and research turning many people off.

Please let me know how it might be improved or of any inaccurate information.

Thanks!

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[1715669907]

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[Spaceman_Spiff]

Great idea


In "What is Bitcoin":

I find "Well, bitcoins don't get value from any words of government, which is known as "fiat"." somewhat confusing.
I mean, I know what fiat is, but some people might interpret this sentence as " not getting value from goverment = fiat " (even though you use 'instead' in the next sentence).

Personally, I would change " bitcoins get value because people who learn how they work often begin to want them" to "bitcoins get value because they are scarce and useful, both as a medium of exchange and as a store of value."

"This makes Bitcoin a deflationary currency rather than an inflationary one, meaning the value of each bitcoin will probably increase over time, instead of decrease."  --> depends on whether you are talking about price inflation or monetary inflation (you are probably talking about price inflation).  Maybe change to "This makes Bitcoin resistant to inflation, meaning its value won't be eroded over time"?

[Coinster]

Great idea


In "What is Bitcoin":

I find "Well, bitcoins don't get value from any words of government, which is known as "fiat"." somewhat confusing.
I mean, I know what fiat is, but some people might interpret this sentence as " not getting value from goverment = fiat " (even though you use 'instead' in the next sentence).

Personally, I would change " bitcoins get value because people who learn how they work often begin to want them" to "bitcoins get value because they are scarce and useful, both as a medium of exchange and as a store of value."

"This makes Bitcoin a deflationary currency rather than an inflationary one, meaning the value of each bitcoin will probably increase over time, instead of decrease."  --> depends on whether you are talking about price inflation or monetary inflation (you are probably talking about price inflation).  Maybe change to "This makes Bitcoin resistant to inflation, meaning its value won't be eroded over time"?

Agreed and changed. Thanks!

[Spaceman_Spiff]

One thing I would add to "how do I store bitcoins" is the fact that you should refresh your backups before doing more than 100 transactions.  This is something that took me a while to find out, and vague references to it kinda scared me when I was starting out (which isnt that long ago  ). I am assuming it works the same way for multibit as for the original client.

[Coinster]

One thing I would add to "how do I store bitcoins" is the fact that you should refresh your backups before doing more than 100 transactions.  This is something that took me a while to find out, and vague references to it kinda scared me when I was starting out (which isnt that long ago  ). I am assuming it works the same way for multibit as for the original client.

Ooo... good point. Will add that.

[Coinster]

Edited for typos and re-wording...

[sunnankar]

Perhaps add a link to the Free Bitcoin Guide?

[Coinster]

Perhaps add a link to the Free Bitcoin Guide?

Yes, of course. In fact one question I need to add is "Where can I find more information?" where I'll list other resources like this forum, the wikis, and I'll add the Free Bitcoin Guide there too.

The site is not finished. I want to keep it simple, but maybe add in some pictures and video references too to liven it up.

[21after2]

Perhaps add a link to the Free Bitcoin Guide?

Yes, of course. In fact one question I need to add is "Where can I find more information?" where I'll list other resources like this forum, the wikis, and I'll add the Free Bitcoin Guide there too.

The site is not finished. I want to keep it simple, but maybe add in some pictures and video references too to liven it up.

The WeUseBitCoins video would probably be perfect

[Coinster]

Perhaps add a link to the Free Bitcoin Guide?

Yes, of course. In fact one question I need to add is "Where can I find more information?" where I'll list other resources like this forum, the wikis, and I'll add the Free Bitcoin Guide there too.

The site is not finished. I want to keep it simple, but maybe add in some pictures and video references too to liven it up.

The WeUseBitCoins video would probably be perfect

Yep, exactly what I was thinking 

[Coinster]

Added some pics and videos... lookin good now

[phelix]

full disclosure: I had a quickstart page in mind for a while and might add it to my site.

[manicminer]

depends on whether you are talking about price inflation or monetary inflation

really? How many types of inflations there are? Are you an economist?
http://www.youtube.com/watch?v=J6a10UuQFOM

Anyways, I'd really read a good introduction to Bitcoin. But which one really is that?

[bbit]

Thanks Coinster for making this guide! should come in handy for the NEWBS.

[Zangelbert Bingledack]

Nice job so far!

Correction: CryptoXchange has shut down

Addition: The Bitcoin Store! By far the most impressive and mainstream-friendly answer to "what can I do with bitcoins?"

[Spaceman_Spiff]

depends on whether you are talking about price inflation or monetary inflation

really? How many types of inflations there are? Are you an economist?

No, I am not an economist, but I have the internetz:
http://en.wikipedia.org/wiki/Monetary_inflation
http://en.wikipedia.org/wiki/Price_inflation

Anyways, I'd really read a good introduction to Bitcoin. But which one really is that?

Check the website being discussed ...

[manicminer]

No, I am not an economist, but I have the internetz:
http://en.wikipedia.org/wiki/Monetary_inflation
http://en.wikipedia.org/wiki/Price_inflation

The Youtube video in my post above is a better source.

[LoweryCBS]

Navigation suggestion: Give a link at the bottom of each section to return to the main page (rather than force the reader to use the BACK button or go back up and click HOME.

Very clean, nice and tight. Thank you for this, I'll point new folks here to this page!

[Coinster]

Nice job so far!

Correction: CryptoXchange has shut down

Addition: The Bitcoin Store! By far the most impressive and mainstream-friendly answer to "what can I do with bitcoins?"

Thanks!

Changed CryptoXchange to BTC-E.com

Also added BitcoinStore.com with a great screenshot  

Navigation suggestion: Give a link at the bottom of each section to return to the main page (rather than force the reader to use the BACK button or go back up and click HOME.

Very clean, nice and tight. Thank you for this, I'll point new folks here to this page!

Awesome suggestion. Added 'return to homepage' link at bottom. Thanks!

[jim618]

I've put a link to this guide on the multibit.org landing page as I think it is pretty good.
(Bottom right of multibit.org/index.html )

Would be nice to have a medium sized "BitcoinQuickStart.com" icon to use for the link as it is somewhat swamped by the LoveBitcoins.org one next to it.