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  1. #1
    Gymshark Outlaw's Avatar
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    Default Bitcoin

    Wrong section, so I think, but I need Bitcoin help. I honestly don't know what I am doing nor what to do. I am currently downloading Bitcoin wallet. I was wondering, how do you make Bitcoins, buying them? Will I have to pay fees, i.e taxes and shit? Is there something better than Bitcoin?

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  2. #2
    Elite Slowduck's Avatar
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  3. #3
    Gymshark Outlaw's Avatar
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    So its not like Doge where you just click a link to get coins, you have to get paid?

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  4. #4
    Elite Slowduck's Avatar
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    Quote Originally Posted by TheAdmiral View Post
    So its not like Doge where you just click a link to get coins, you have to get paid?
    Well with all cryptocurrency's, you have to mine them. People mine that Doge coin you're getting when you click that link.

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  5. #5
    Gymshark Outlaw's Avatar
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    Quote Originally Posted by Yasmine View Post
    Well with all cryptocurrency's, you have to mine them. People mine that Doge coin you're getting when you click that link.
    Gotcha. Familiar with BitMinter?

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    Elite Slowduck's Avatar
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    Quote Originally Posted by TheAdmiral View Post
    Gotcha. Familiar with BitMinter?
    Can't say that i've heard of it. What is it?

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  7. #7
    Gymshark Outlaw's Avatar
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    Quote Originally Posted by Yasmine View Post
    Can't say that i've heard of it. What is it?
    A mining client for Bitcoin. Check it out: https://bitminter.com/

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  8. #8
    Frozenbit.io Vintage's Avatar
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    There is to taxes for your age and the amount of btc income you would get. Mining is the way you make bitcoins, but what you get from mining depends on your computer. I don't think there is anything better than bitcoin because bitcoin is the start. Alt coins anyone can make and pre mine and pump and dump.

    Also I'd suggest to use a web wallet, if you use bitcoin qt you have to wait for it to sync and if your computer crashes or something then you can lose all your btc if you don't back up.

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    Last edited by Vintage; 06-23-2014 at 03:41 PM.

  9. #9
    Gymshark Outlaw's Avatar
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    Quote Originally Posted by Vintage View Post
    There is to taxes for your age and the amount of btc income you would get. Mining is the way you make bitcoins, but what you get from mining depends on your computer. I don't think there is anything better than bitcoin because bitcoin is the start. Alt coins anyone can make and pre mine and pump and dump.

    Also I'd suggest to use a web wallet, if you use bitcoin qt you have to wait for it to sync and if your computer crashes or something then you can lose all your btc if you don't back up.
    What online wallet did you choose to use?

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  10. #10
    Frozenbit.io Vintage's Avatar
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    Quote Originally Posted by Outlaw View Post
    What online wallet did you choose to use?
    Blockchain.info for now, once Frozenbit is fully up that's the best choice. If blockchain gets hacked and your only key is on their server so you can lose all your btc, not that case with frozenbit. I think there is more risk storing it on your computer though, so I'd use blockchain for the mean time.

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    Last edited by Vintage; 06-23-2014 at 05:00 PM.

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