Topic: Hi all, newbie here (Read 572 times)
welcome
Remember that online wallets are more vulnerable, because you have to trust a third part, and the sites could be hacked. With bitcoin-qt, you store your BTC on your computer and not on the internet. But with this you have to remember a bcakup of your wallet on a usb stick or smth, in case your machine crashes.
No , you don't store BTC on your computer.
You store the keys that make possible to spend those BTC.
If anybody gets your private keys they can spend them .
Hi all!
I am sorry but this confuses me.
What is in the bitcoin-qt backup file than?
With wallets it depends on whether your using the official client, or Electrum/Armory/Multibit or an online wallet like blockchain.info.
thx for your help
At the moment I'm not using anything and would like to start with the correct foot: my idea is to have an offline wallet to store coins and another tool to make "transactions".
What do you suggest?
. Remember that online wallets are more vulnerable, because you have to trust a third part, and the sites could be hacked. With bitcoin-qt, you store your BTC on your computer and not on the internet. But with this you have to remember a bcakup of your wallet on a usb stick or smth, in case your machine crashes.
No , you don't store BTC on your computer.
You store the keys that make possible to spend those BTC.
If anybody gets your private keys they can spend them .
Remember that online wallets are more vulnerable, because you have to trust a third part, and the sites could be hacked. With bitcoin-qt, you store your BTC on your computer and not on the internet. But with this you have to remember a bcakup of your wallet on a usb stick or smth, in case your machine crashes.
we all late body.
Hello, I wish I had gotten into Bitcoin sooner as well! A good offline wallet I like to use is Bitcoin-qt, haven't had any issues with it thus far. And yes you will need a separate wallet for each coin you wish to have. Hope this helps a little!
Thx for your quick reply and...yes it helps
As far as information goes, if you want to get an understanding of everything I would point you to the the Bitcoin wiki https://en.bitcoin.it/wiki/Main_Page which has a lot of information, all of course Bitcoin related. With wallets it depends on whether your using the official client, or Electrum/Armory/Multibit or an online wallet like blockchain.info.
Hello, I wish I had gotten into Bitcoin sooner as well! A good offline wallet I like to use is Bitcoin-qt, haven't had any issues with it thus far. And yes you will need a separate wallet for each coin you wish to have. Hope this helps a little!
Thx for your quick reply and...yes it helps
Hello, I wish I had gotten into Bitcoin sooner as well! A good offline wallet I like to use is Bitcoin-qt, haven't had any issues with it thus far. And yes you will need a separate wallet for each coin you wish to have. Hope this helps a little!
Hi..........
Hi all,
my nickname says all.
I first heard about bitcoin during 2011 but didn't understand it, folded and moved on.
Last days I read about their value near to $1000 and it ruined my days because I was near to get this train but didn't.
Now I would like to enter and hope someone can address me to the first steps to do.
First of all, I guess, I need to make a wallet, right? Where/how can I do this?
Do I need a wallet for every cryptocurrency I would like to hold?
Thx in advance for your patience and cooperation
my nickname says all.
I first heard about bitcoin during 2011 but didn't understand it, folded and moved on.
Last days I read about their value near to $1000 and it ruined my days because I was near to get this train but didn't.
Now I would like to enter and hope someone can address me to the first steps to do.
First of all, I guess, I need to make a wallet, right? Where/how can I do this?
Do I need a wallet for every cryptocurrency I would like to hold?
Thx in advance for your patience and cooperation
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