Topic: Newbie here! (Read 1050 times)
I'd start with trying to get a little Bitcoin so you can learn about it. Try a faucet or try my signature link and play around with some until you can withdraw.
as you can see im a newbie haha, where do I go to get started with this currency?For newbies, you can read the bitcoin wiki (https://bitcoin.it/) and the bitcoin white paper (https://bitcoin.org/bitcoin.pdf) to learn what bitcoin is.
Start from here http://www.reddit.com/r/bitcoinbeginners
Find out what you enjoy and look at your budget. Never put more then you are willing to lose.
Buying and holding, trading alt coins, and mining are the most common way's people enjoy bitcoin investments.
Buying and holding, trading alt coins, and mining are the most common way's people enjoy bitcoin investments.
as you can see im a newbie haha, where do I go to get started with this currency?Hi Elastic,
I can just say: Get a wallet, and fill it
... most easy is blockchain "my wallet". Do you have a plan already? Invest money, selling your skills, own project ...?
search through forum and you will find many various offers and stuff, but also many scammers so think twice.
and few hints:
- encrypt your wallet and make several backups (read about deterministic wallets - very useful)
- DO NOT FORGET YOUR PASS or make unencrypted copy (paper wallet is great backup)
- do not keep to much BTC in third party wallets (like exchanges)
- avoid faucets (use them just to test your wallet) find better income - like signature campaign
- stay away of mining unless you read about (difficulty, block reward halving, profit calculator...)
enjoy your stay and do not hesitate to ask.
see you later
Search Bitcoin on YouTube, read up about it.
It's a crypto currency, which can be mined using hardware such as ASIC chips.
When you mine you gain Bitcoin depending on the power of the hardware.
For example 1 th/s will make you a lot of money in comparison to 100 mb/s.
This power is measured in hashes per second.
It's a crypto currency, which can be mined using hardware such as ASIC chips.
When you mine you gain Bitcoin depending on the power of the hardware.
For example 1 th/s will make you a lot of money in comparison to 100 mb/s.
This power is measured in hashes per second.
There is alot of things to learn in this forum, I'm here since two weeks but every day is a new discovery.
Check out reddit.com/r/bitcoin for news daily!
Avoid:
Loans, investments of any kind, mining, alt-coins, PayPal, faucets, "deals" of any kind, speculation about the price; basically, anything other than paying the going rate at an exchange. There are no get rich quick options here. The most important thing to understand is that the strength of bitcoin lies in it's utility as a payment network. Buy some, then go shopping. You will see that it is the fastest, safest, and cheapest way to pay anyone anywhere in the world.
I would highly recommend reading the "white paper" by Satoshi Nakamoto. It was posted in this thread by nabeton, and there is a link in my signature below.
Loans, investments of any kind, mining, alt-coins, PayPal, faucets, "deals" of any kind, speculation about the price; basically, anything other than paying the going rate at an exchange. There are no get rich quick options here. The most important thing to understand is that the strength of bitcoin lies in it's utility as a payment network. Buy some, then go shopping. You will see that it is the fastest, safest, and cheapest way to pay anyone anywhere in the world.
I would highly recommend reading the "white paper" by Satoshi Nakamoto. It was posted in this thread by nabeton, and there is a link in my signature below.
as you can see im a newbie haha, where do I go to get started with this currency?start here:
https://www.youtube.com/watch?v=Bhe61JaNFLU
I just wrote that up all for nothing, he just went off 
as you can see im a newbie haha, where do I go to get started with this currency?Welcome aboard,
I assume you saw at least some video about bitcoins and you know roughly what it is.
first of all create a wallet (if you want to start fast, choose light-weight wallet like (multibit) or online wallet (like blockchain).
then you can test it using some faucets. I remember my first satoshis, and I was so happy when I saw them in my wallet.
Finaly, decide how to get some more ... buy them, sell stuff or offer your skills, find sme giveaways and promos on this forum.
I suggest you to avoid mining from beginning, try to understand transactions and how to handle with bitcoins. My first transaction was to between my two addresses, just to see how it works.
if you want to get more into detail, quite interesting read is bitcoin paper: https://bitcoin.org/bitcoin.pdf
Good luck.
as you can see im a newbie haha, where do I go to get started with this currency?First, learn some basic info like how to receive bitcoin, how to store bitcoin safely, how to backup wallet, how to send bitcoin out, etc.
You can take a look at http://www.coindesk.com/information/.
After that, you can start buying some bitcoin or earning some bitcoin.
bitcoin.org can help you with this. First choose a wallet. If you prefer an online wallet, check out http://www.blockchain.info If you want an offline wallet, there is more of a variety. I would use MultiBit, but there is also Electrum, Armory, Bitcoin Core and others. MultiBit is the most noob friendly I think.
Search and learn more about bitcoin, like how blocks and mining works. There's a huge world of bitcoin, just explore it.
Search and learn more about bitcoin, like how blocks and mining works. There's a huge world of bitcoin, just explore it.
as you can see im a newbie haha, where do I go to get started with this currency? Jump to: