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MtGox launches Bitcoins.com, an information site for all things Bitcoin

bitcoins.com

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Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#91

Post by jellicle »

oleganza wrote: post #3

They do not emphasize wallet security issues enough. Before buying any serious amount of BTC user must ensure: 1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!). 2. His wallet is backed up in 3 places. 3. Backups actually work and he tried them. 4. His computer is not infested with malware. 5. He has multiple wallets and money is spread across all of them. So that if he one days make…

People applying to YCombinator should adopt your approach.

"Of course our startup is user-unfriendly! We hate users! People should just get used to it."

And your goal (after precautions!) of "not losing everything" - wondrous! Every day I wake up and I haven't lost everything is a good day.

This revolutionary approach will certainly succeed.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#92

Post by kingnight »

pmorici wrote: post #84
Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

No intelligent person will sell you Bitcoins with a credit card because the transaction could be charged back and they wouldn't be able to recover the coins. If you want to buy bitcoins and you are in the US go to Coinbase.com you can crate an account link it to your bank account and buy some coins very quickly. If you use an exchange like Mtgox or similar it could take weeks to get all the identity verification stuf…

Why switch to CampBX or bitstamp.net? What not just continue to use coinbase?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#93

Post by mobweb »

bernatfp wrote: post #66
Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

I'm also from the EU and used to have BTC (now I'm into LTC), so here is how I do it: Register in Bitstamp or Kraken (my favourite exchanges). Validate your account. You have to provide some sort of proof of identity and address. This is asked by governments and if they don't comply with them they can be closed without any previous notice, like it happened with the exchange bitcoin24. It can take up to 1 week. Deposi…

The main thing that's kept me from making a deposit with one of these services is the fact that I have to hand over a complete proof of my identity. Seeing how many of these services seem to get hacked lately I'd be too worried about somebody stealing my documents and a hacker getting ahold of these personal documents that could easily be used to impersonate me...

But on the other hand I also understand that these services have to be very careful so they don't get abused themselves.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#94

Post by gaadd33 »

kingnight wrote: post #92
pmorici wrote: post #84

Earlier quoted context omitted.

No intelligent person will sell you Bitcoins with a credit card because the transaction could be charged back and they wouldn't be able to recover the coins. If you want to buy bitcoins and you are in the US go to Coinbase.com you can crate an account link it to your bank account and buy some coins very quickly. If you use an exchange like Mtgox or similar it could take weeks to get all the identity verification stuf…

Why switch to CampBX or bitstamp.net? What not just continue to use coinbase?

I would guess because coinbase doesn't allow you to keep a USD balance on their servers, its either pulling out of your bank account or pushing into your bank account. Both have pretty big delays if you are trying to day trade in the USD/BTC market.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#95

Post by kronholm »

jellicle wrote: post #89
yapcguy wrote: post #74

Earlier quoted context omitted.

A friend copied an e-mail that MtGox sent to them today: Dear MtGox Customers, Thank you for your patience during an incredible year for Bitcoin and MtGox. We’ve not been able to communicate as we may have wanted, but we’ve been working tirelessly in the background and we’re looking forward to even more progress in the coming weeks, which we’ll be announcing soon. We have four developments that we are proud to announ…

So.... every Mt. Gox transfer now costs USD $1? And may cost USD $2 tomorrow?

Yep

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#96

Post by gaadd33 »

taigeair wrote: post #69
simonebrunozzi wrote: post #59

Earlier quoted context omitted.

Interesting. Can you send me more info?

http://www.avatrade.com/ Put in $300 and they give you $300. I opened it yesterday got a position on BTC same day (would be fun to get real BTC though). You can buy .01 lot with $300.

How do they take a position in BTC? Or is it just a casino? i.e. if I put 50K into an account there and used it to buy $250K of BTC, that should have a pretty drastic impact on the market looking at mt gox's order books, does that actually happen?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#97

Post by gaadd33 »

oleganza wrote: post #37
Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

Its hard because it's easy to own and secure Bitcoins, but impossible to own money in USD, bank accounts or paypal. It's all a huge network of promises based on debt. When you transfer bitcoin, you really transfer ownership forever. When you transfer digital dollar, you just rely on a bunch of intermediate agreements to hold true unless judge decides another way. Paypal payments are reversible, CC payments too. Even…

How do you reverse a cash transfer? Like I hand someone $100 in cash.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#98

Post by gaadd33 »

alexro wrote: post #30
lingben wrote: post #23

Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…

How about having your funds sliced by sort of Cyprus scenario? How about getting ill for half a year and finding out that the inflation has eaten most of your savings away?

What major currency has such hyperinflation that it would eat away savings in half a year?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#99

Post by gaadd33 »

heliodor wrote: post #85
canistr wrote: post #72

Earlier quoted context omitted.

Then what you're proposing eliminates the fundamental purpose of using Bitcoin over existing currency. Why pay transaction fees to an exchange if I can pay zero fees with cash or use a service like Dwolla in which the fee is significantly cheaper than an exchange fee?

Because the 3% credit card fee is already baked into the price of goods you buy. You just don't realize it because merchants are not allowed to visibly offer a cash discount or charge a credit card fee.

In many states a merchant can charge a credit card fee. http://www.practicalecommerce.com/articles/3894-U-S-Merchant...

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#100

Post by bobbles »

vbuterin wrote: post #45
Aardwolf wrote: post #36

Earlier quoted context omitted.

Ok, so how to get a bitcoin (well 0.1 btc for me now that they are 10x as expensive as last time I looked) in a practical way without credit card?

If you are in the US, http://coinbase.com In Canada, http://cavirtex.com or https://vaultofsatoshi.com/ If you are in Europe, http://bitcoin.de , http://bitcoin-central.net , https://www.bitstamp.net/ If you are anywhere, check out your local Bitcoin meetup group.

In Australia, I can vouch for CoinJar http://coinjar.io/

Took me about 30 mins total from wanting to buy to having my order placed.

(If you use NAB it will be even faster, I had to make a cash deposit at an NAB)

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