Hi all, I would like to begin investing in BTC and ETH (ideally before end of September, obviously) but am struggling to get a grip on buying vs. storing my currency. I've tried to register on coinbase but they're refusing to verify me because I live in a different country from my passport's nationality (both western Europe). At the moment, my plan is therefore to buy BTC and ETH on Kraken and store on Exodus (I'm not yet looking at sums large enough to warrant cold storage, this may become relevant later). Of course, this all depends on getting verified OK...here's hoping Coinbase is just a particular pain in the backside! Am I missing something, or is that a reasonable plan so far? Thanks in advance! Edit: I should add - for the time being I'm looking at these as an investment to hold, rather than for trading or using as currency.
I have a Digital BitBox as a my cold storage for most of my bitcoin. A ledger wallet with a couple of bitcoin for online orders. And finally a samurai wallet, with $200 worth of bitcoin, incase I go to a shop that accepts bitcoin.
What with the thread today regarding a thousand dollar theft, I thought it might be interesting to see the different ways everybody manages their BTC. Do you use online wallets? Purely offline? Which clients? How many wallets? Etc. etc. I'm sure everyone but the most established among us could pick up some tips and ideas, and perhaps a few of the newest can avoid leaving themselves open.
[uncensored-r/Bitcoin] Setup recurring transaction for Etherium and Litecoin?
The following post by privacyconcerning is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7iz0q4 The original post's content was as follows:
My friend asked me to help set up his taxi business to accept Bitcoin. He currently accepts Cash and Credit via SquareApp on an Android device. Any advice from the reddit BC community to make this happen?
I have a raspberry pi model B w/ 512mb ram. And I also have a small bitcoin mining set up that I mad just for fun that has a custom cooling solution that works farely well. The miners are here, And I have the Pi Box from Adafruit. And an artic cooling fan to help with cooling the Pi and the 10 USB port hub (but only 5 are available because the miners are hard wired to the ports as you can see in the pictures). Not really sure how much this should go for so I'm going to start with $40(?) Paypal + shipping. Album + TimeStamps
So as someone who's new to bitcoin and looking to get started, it seems like there's a million different ways to go about doing this from wallets to exchanges and more and it seems overly complicated sometimes. So bitcoin how do you go about your bitcoin business? Id really like to see everyone's process in a step-by-step description.
I am not sure where to post this; I understand if it gets removed. I looked around the sidebar and couldn't exactly find the information I was looking for. Whenever I try to Google this information, I just get redirected to another download for a wallet. I am verified on Mt. Gox, have a bitcoin wallet, and an SR account. My coins are in process(?) with Mt. Gox. It said That my order has been queued for execution, but what exactly does that mean? How am I charged for the bitcoins exactly? They don't have my credit card # (I don't think they would use it anyway), just my address. Do I get mailed the bill? That doesn't sound right. Is the process for getting bitcoins into my account as follows? Mt. Gox executes my order and awards me X amount of bitcoins. The bitcoins get sent to my wallet via my bitcoin wallet address. From my wallet, I send them to my SR account. Do I even need the bitcoin wallet? Thank you very much for your time. TL:DR How does the bitcoin process work?
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