New to Bitcoin | Bitcointalksearch.org

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: animax on December 12, 2016, 10:50:58 AM

Quote from: Asahi1991 on December 09, 2016, 11:54:35 PM

Welcome to the forum guys!

Word of advice, always use escrow when you do any trades. And, always review the feedback of the person you're dealing with. If you see red, then it would be best to avoid.

Take care, and welcome!

what does escrow means and how to i use it?

Escrow is a person, who will make a deal done between two people, for example if you want to buy some bitcoins from me and you don't believe me that i might run away after getting the payment, so in such cases you hire a person who will hold your money and i will send the bitcoins to you and then when you tell him that you have received the bitcoins then he will give the money to me, the person who does all that is called an Escrow.

animax

newbie

Activity: 19

Merit: 0

Quote from: Asahi1991 on December 09, 2016, 11:54:35 PM

Welcome to the forum guys!

Word of advice, always use escrow when you do any trades. And, always review the feedback of the person you're dealing with. If you see red, then it would be best to avoid.

Take care, and welcome!

what does escrow means and how to i use it?

feiss

full member

Activity: 155

Merit: 100

I'm also a new to bitcoin. My suggestion is you must read more about bitcoin. I asked some of my friends who's had experienced of having a bitcoin and I do some research how bitcoin works and what is bitcoin.

pacifista

hero member

Activity: 812

Merit: 500

Quote from: DiscoveryMiner on December 08, 2016, 11:22:59 PM

Hello there,

My name is Ashton, but I go by the name Discovery on various websites. I'm new to Bitcoin and I don't understand it entirely yet, and I was hoping there'd be someone who could perhaps help me out.

Things I'm Looking For

Understanding of the Bitcoin
What equipment would be appropriate for me to use and profit
Where to sell Bitcoin
Any code and/or technological equipment/abbreviations I should familiarize myself with
Anything else that could help me

If anyone could answer any of these, that'd be fantastic! Thanks so much, and have a great day! Cheesy

-DiscoveryMiner

Somebody already give you what you are looking for, and if you still cant understand ,our friend google is always there to help you 24/7 everyday.

mundang

hero member

Activity: 1008

Merit: 500

You came to the right place my friend, in here you will learn all the things you want to know about bitcoin. Just ask about something that you want to know about bitcoin,and im sure all the members here in the forum will help you.

Seansky

hero member

Activity: 560

Merit: 500

Welcome to the forum then. I suggest you look up threads here to learn more things about bitcoin. All the things that you are looking for can be answered here in this whole forum just use the search button since my advice might not be the best way. As a tip of advice, don't waste time on faucet since it's a waste of time. You'll earn low with faucet. Also familiarize yourself with the abbreviation ICO. It means initial coin offering this term might help you in the future if you would ever want to start altcoin trading soon. Wink

Asahi1991

member

Activity: 82

Merit: 10

Welcome to the forum guys!

Word of advice, always use escrow when you do any trades. And, always review the feedback of the person you're dealing with. If you see red, then it would be best to avoid.

Take care, and welcome!

pealr12

hero member

Activity: 1946

Merit: 502

Hello welcome to the forum,, you will learn a lot of things here about bitcoin.just explore the this forum,dont be shy to ask others about what you want to know about bitcoin. From earning to selling of bitcoin.

stiffbud

hero member

Activity: 980

Merit: 500

Hi welcome to the forum. I think this kin of thread really is not necessary. Everything you need to know is available in bitcoin wiki and most importantly you can find it with searching in google. Many people may help you here but you need to look for yourself first before asking. It is much easy to learn in your own ways.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: DiscoveryMiner on December 08, 2016, 11:22:59 PM

Understanding of the Bitcoin

You should read the whitepaper: https://bitcoin.org/bitcoin.pdf

Quote from: DiscoveryMiner on December 08, 2016, 11:22:59 PM

What equipment would be appropriate for me to use and profit

What are you planning on using it for? What are you trying to do to profit?

Bitcoin is not some magic get-rich-quick scheme, you have to work for it just like any other currency.

Quote from: DiscoveryMiner on December 08, 2016, 11:22:59 PM

Where to sell Bitcoin

Any Bitcoin exchange will allow you to buy and sell Bitcoin. Most require some form of identity verification in order to sign up though. You should check out https://www.bitstamp.net/ and https://www.kraken.com/, these are two large and popular exchanges, but there are many more.

Quote from: DiscoveryMiner on December 08, 2016, 11:22:59 PM

Any code and/or technological equipment/abbreviations I should familiarize myself with

Some important words:

Mining - the process finding a block whose header hashes to a certain value. Mining includes transactions into blocks, and one of those transactions rewards the miner who produces the block
ASIC - Application Specific Integrated Circuit, a special piece of hardware specifically designed for mining. It is much more powerful than CPUs, GPUs, and FPGAs. If you want to mine Bitcoin, you must use an ASIC, otherwise you are wasting your time and electricity
Addresses - a human readable string which Bitcoin is "sent" to
Wallet - a collection of addresses and their associated private and public keys
private key - a cryptographic key that is required to produce a signature that allows you to spend Bitcoin from an address
Public key - a cryptographic key derived from the private key that is designed to be shared. This public key is converted into an address, and the address is distributed. Private keys cannot be derived from the public key, and the public key cannot be derived from the address

DiscoveryMiner

newbie

Activity: 1

Merit: 0

Hello there,

My name is Ashton, but I go by the name Discovery on various websites. I'm new to Bitcoin and I don't understand it entirely yet, and I was hoping there'd be someone who could perhaps help me out.

Things I'm Looking For

Understanding of the Bitcoin
What equipment would be appropriate for me to use and profit
Where to sell Bitcoin
Any code and/or technological equipment/abbreviations I should familiarize myself with
Anything else that could help me

If anyone could answer any of these, that'd be fantastic! Thanks so much, and have a great day! Cheesy

-DiscoveryMiner

Topic: New to Bitcoin (Read 941 times)