Bitcoin
-
@dustinb3403 said in Bitcoin:
@lakshmana said in Bitcoin:
@dustinb3403 creating own wallet without the help of companies which creating wallets.creating own wallet is not possible according to you?
No, it's not that it's not possible. You can, but why?
There are a ton of different wallet applications, why add one more?
Trust is less on wallet application so interested to create a new
-
@lakshmana said in Bitcoin:
@dustinb3403 said in Bitcoin:
@lakshmana said in Bitcoin:
@dustinb3403 creating own wallet without the help of companies which creating wallets.creating own wallet is not possible according to you?
No, it's not that it's not possible. You can, but why?
There are a ton of different wallet applications, why add one more?
Trust is less on wallet application so interested to create a new
Here. LMGTFY
-
@lakshmana this would in no way improve your situation. If you are new to BTC you would be much safer moving your funds to coinbase until this is over.
Its those who aren't on the segwit side who send there money that direction without using the right process that risk replay.
-
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
-
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
-
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
I would avoid it. The theory is great, I'm glad that people play with it and it's important to have decentralized currencies i the world - but unless your are a drug dealer, I see zero reason to be interested in actually using it.
-
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
Bitcoin is a form of currency like anything else. To earn bitcoin you have to setup bitcoin miners, and have them work on the blockchain, if you're lucky you'll discover a new block.
The system would pay you bitcoins for discovering the block.
Alternatively you could join a bitcoin mining pool, and contribute to the processing power of the pool, and when the pool finds a new block, they pay you a portion of the award dependent on the amount of processing power you put towards it.
Just think of bitcoin or any cryptocurrency money. You have to work for it. Or you buy into it with with other currency.
The wallet management aspect is a completely separate issue to this.
-
-
@dustinb3403 Yep. That's just my luck.
-
@scottalanmiller said in Bitcoin:
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
I would avoid it. The theory is great, I'm glad that people play with it and it's important to have decentralized currencies i the world - but unless your are a drug dealer, I see zero reason to be interested in actually using it.
Hey now, human traffickers use Bitcoin too...
-
@scottalanmiller said in Bitcoin:
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
I would avoid it. The theory is great, I'm glad that people play with it and it's important to have decentralized currencies i the world - but unless your are a drug dealer, I see zero reason to be interested in actually using it.
Hey now, human traffickers use Bitcoin too...
That's how @RojoLoco found his latest squeeze
-
-
@restoronixsean The reason nothing ends up decentralized anymore, outside of investor interests, has a lot to do with the fact that it's just easier to control a closed ecosystem. Its harder to build compatible moving parts and keep them upgrade.
The biggest recent thing in memory would be Open Whisper Systems.
-
@scottalanmiller said in Bitcoin:
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
I would avoid it. The theory is great, I'm glad that people play with it and it's important to have decentralized currencies i the world - but unless your are a drug dealer, I see zero reason to be interested in actually using it.
Hey now, human traffickers use Bitcoin too...
Who are Human traffickers?
-
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
@lakshmana said in Bitcoin:
@scottalanmiller said in Bitcoin:
I think that we need to step back. In the OP you were asking what Bitcoin was. Now you are acting like you might be interested in using it. But ask yourself... why?
I was interested to know more about it first.since I didn't used before in my day-to-day life.so now interested how to use?
I would avoid it. The theory is great, I'm glad that people play with it and it's important to have decentralized currencies i the world - but unless your are a drug dealer, I see zero reason to be interested in actually using it.
Hey now, human traffickers use Bitcoin too...
Who are Human traffickers?
People who ship slaves.
-
It seems that bitcoin needs to mature quite a bit before I would consider using it. Coins simply disappearing because of a glitch with no way to recover is insane.
-
@wrx7m Coins disappearing may be a business behind it who knows ?
-
It seems that bitcoin needs to mature quite a bit before I would consider using it. Coins simply disappearing because of a glitch with no way to recover is insane.
Not "exactly" a glitch. They've put out a warning that it was coming due to a planned change.
-
@scottalanmiller - I see. However, that is still a deal-breaker for me.
-
It seems that bitcoin needs to mature quite a bit before I would consider using it. Coins simply disappearing because of a glitch with no way to recover is insane.
If you have bitcoins and dont know about this chances are that you are safer than more advanced BTC users are. Your coins are probably already stored by a bank that is part of the NYA crowd.
Also, if you aren't moving or spending coins in the months to come there is no chance of replay/loss of your BTC. And if you are spending them there are just extra steps to ensure someone else doesn't screw you over.
