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Possum (OP)
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May 20, 2011, 04:26:35 PM
 #1
Hi

To help me learn and understand Bitcoin. I want to buy a bitcoin with paypal. How can I do this.

How do I learn the going rate of a bitcoin....

Thank you..
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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wumpus
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May 20, 2011, 04:28:30 PM
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join #bitcoin-otc on irc.freenode.net Smiley
Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through File → Backup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
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May 20, 2011, 04:35:31 PM
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http://bitcoincharts.com/markets/ for the going rate, charts and what not.

For a paypal exchange you're better of trying to find a private trade on the OTC channel indeed.

If you leave in the US and use dwolla, you can directly buy of off MtGox.
https://btcarmory.com
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May 22, 2011, 01:42:50 PM
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Buy bitcoins on  http://www.youtipit.org
You will not be able to take them out for 40 days though....
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