If you want to sell your coins on an exchange, just keep in mind that your coins are not as safe there as in your own encrypted wallet. But what you say is true -- obviously you can't sell your bitcoins when they are in cold storage.
Exchanges are supposed to be safe. You can't day trade if you keep it in your wallet. Transferring the coins will take time. 
Topic: hello and few questions (Read 549 times)
If you want to sell your coins on an exchange, just keep in mind that your coins are not as safe there as in your own encrypted wallet. But what you say is true -- obviously you can't sell your bitcoins when they are in cold storage.
so i been running guiminer in slush pool and i been getting 48mhash/s with a 550gtx
im i missing something or is mining pretty much useless? i mean thats like 5 cents per day
im i missing something or is mining pretty much useless? i mean thats like 5 cents per day
Now more importantly: why the hell didn't you not decide to buy at $20 instead of wait until it bump another $300?
Because I didnt knew about Bitcoin when at $20 / BTC
Your questions have already been answered, so I am going to skip ahead to 3.
3. I recommend coinbase IF you are in america since you can buy VIA credit card OR bank! You will be able to instantly verify bank account but it takes a few days to verify a cc.
3. I recommend coinbase IF you are in america since you can buy VIA credit card OR bank! You will be able to instantly verify bank account but it takes a few days to verify a cc.
1. Because every exchange is a distinct market they are not connected. The price on each entity is dictated solely by the buyers and sellers - mainly what they are willed to give for something else - like every other market. There are different peoples bidding. Also there are different fees applied, which may get reflected in the price.
2. If you want to trade them you have to put your coins to the market. The Exchange IS an online wallet. So there is no way around that.
3. Buying what? Depending on which assets you want to trade, you have your choices. With that left, read their commodities and decide which fits you best. Start with a popular one to get a feeling for it. And do not risk more than you can afford to lose.
PS: I hate this "360 limit inlcuding forgetting everything I typed" - CRAP!!
2. If you want to trade them you have to put your coins to the market. The Exchange IS an online wallet. So there is no way around that.
3. Buying what? Depending on which assets you want to trade, you have your choices. With that left, read their commodities and decide which fits you best. Start with a popular one to get a feeling for it. And do not risk more than you can afford to lose.
PS: I hate this "360 limit inlcuding forgetting everything I typed" - CRAP!!
1) No you can't do that due to fees and all of that. MtGox has problems with fiat withdrawals so you won't be getting your money from them.
2) The point of offline or cold storage is to STORE, not be a hot wallet used for trading and other transactions.
3) There is no best exchange. I'd recommend btc-e and bitstamp.
2) The point of offline or cold storage is to STORE, not be a hot wallet used for trading and other transactions.
3) There is no best exchange. I'd recommend btc-e and bitstamp.
hello i want to start investing bitcoins, i seen it go from 20$ to what it is today and i need to get into the action
i somewhat understand bitcoin but i have some question that i wish were posted somewhere as sort of a tutorial
1.why are there different bitcoin exchanges with different prices? does this make sense? can you just buy bitcoin at a cheaper exchange then sell it and a higher priced exchange like mtgox?
2.from what i read online wallets are not that safe but if you want to trade bitcoins you cant do it from offline or cold storage right?
3.whats the best exchange for buying in usa
overall just looking for more info which is why i made this thread
i somewhat understand bitcoin but i have some question that i wish were posted somewhere as sort of a tutorial
1.why are there different bitcoin exchanges with different prices? does this make sense? can you just buy bitcoin at a cheaper exchange then sell it and a higher priced exchange like mtgox?
2.from what i read online wallets are not that safe but if you want to trade bitcoins you cant do it from offline or cold storage right?
3.whats the best exchange for buying in usa
overall just looking for more info which is why i made this thread
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