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Author Topic: Change of plan....  (Read 719 times)
Marlex
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November 23, 2013, 11:29:52 AM
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OK, I started off trying to make a paper wallet or pendrive wallet. But for reasons that baffle and frustrate me, I'm incapable of dual booting linux onto my computer to enable this, all the while the price continues to rise so feel I'm wasting valuable time.

So unless someone has a much simpler and less frustrating way to create said wallets, what would you guys recommend as the safest, easiest and quickest way to buy bitcoins online. With the consideration that my plan was just to buy then to hold onto them for, I'd imagine, a couple of years.

I'd be grateful for as many opinions as possible and the reasoning behind them to make the most informed choice. For example mtgox vs localbitcoin etc.

Thanks for any advice in advance guys.  Smiley
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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RoxxR
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November 23, 2013, 11:39:53 AM
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OK, I started off trying to make a paper wallet or pendrive wallet. But for reasons that baffle and frustrate me, I'm incapable of dual booting linux onto my computer to enable this, all the while the price continues to rise so feel I'm wasting valuable time.

So unless someone has a much simpler and less frustrating way to create said wallets, what would you guys recommend as the safest, easiest and quickest way to buy bitcoins online. With the consideration that my plan was just to buy then to hold onto them for, I'd imagine, a couple of years.

I'd be grateful for as many opinions as possible and the reasoning behind them to make the most informed choice. For example mtgox vs localbitcoin etc.

Thanks for any advice in advance guys.  Smiley

Have you looked at tools such as bitaddress or nobrainr (even safer as it is not a webpage) to create your paper wallet?
Marlex
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November 23, 2013, 11:46:25 AM
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I haven't no, are they reasonably easy to use? I'll be honest I've been f**king around trying to sort out a paper wallet for about 3 weeks in my spare time and I've lost a lot of patience, my frustration is compounded by the fact my OS is in a language I'm not particularly good at, which I also can't change.

Sorry had to vent  Cheesy

Anyway, so you recommend bitaddress. I'll have a look, thanks.
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November 23, 2013, 12:12:44 PM
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I haven't no, are they reasonably easy to use? I'll be honest I've been f**king around trying to sort out a paper wallet for about 3 weeks in my spare time and I've lost a lot of patience, my frustration is compounded by the fact my OS is in a language I'm not particularly good at, which I also can't change.

Sorry had to vent  Cheesy

Anyway, so you recommend bitaddress. I'll have a look, thanks.

OK, so I had a look at this and it sounds reasonably easy, which makes me suspicious lol. But OK, I'm curious how the bitcoin is related to the address, as in where is it stored, if that makes sense? It seems a bit abstract and my brain doesn't function well in the abstract so if you could give me some kind of analogy I'd appreciate it.

Thanks for your help by the way Smiley
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November 24, 2013, 03:01:56 AM
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Use Armory.   https://bitcoinarmory.com/

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