You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
If you have any problems with the registration process or your account login, please contact contact us.
Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
Bitcoin is still exploding. Unbelievable. Currently $378 on Gox, and $338.1 on BTC-E. LTC is hovering at $4.23. Although, it dropped below $4 a few minutes ago.
I plan to.deposit money for the first time tmrw at the atm. In order for me to do that I download the bitcoin wallet app on my android phone? And link that to my btc-e account? Posted via RS Mobile
so... i dont know how to buy stocks or anything. I believe to buy bitcoins is the same as buying stocks, besides going to that atm.. You have to open a Trades account with the bank inorder to do exchanges right?
so... i dont know how to buy stocks or anything. I believe to buy bitcoins is the same as buying stocks, besides going to that atm.. You have to open a Trades account with the bank inorder to do exchanges right?
Bitcoin is a currency, not a stock. You can go to the bank and buy RMB or JPY or whatever. You can either open an account, or they will give you stacks of paper with old people printed on them to represent the amount you own.
For Bitcoin, it's 100% digital. You can't buy it at a bank, but you can buy it on an online exchange or the ATM. At the exchange, you will get a code that stores the amount you own. This code must be stored in a wallet. This wallet is like holding that paper with the old people on it, so you don't want to lose it, even if it is digital. You can keep it encrypted on your PC, or use an online wallet like Blockchain.
At the ATM your code will probably be printed on a piece of paper, not sure. This will be encrypted as well, and can be decrypted when you spend it (either sending it to your own digital wallet, or giving it to someone in exchange for something)
Software is getting better, and will eventually be to the point where spending your bitcoin money is as easy as scanning a credit card or octopus card.
soo I went today, I first deposited $20 and it printed out this receipt thing and address where it deposited the funds too. How can I send the money from that address to my btc-e account? I made another transaction later for another $20 and sent that directly to my btc-e account, and that worked. But the first transaction, I wanna figure out how to move the $20 to my account.
soo I went today, I first deposited $20 and it printed out this receipt thing and address where it deposited the funds too. How can I send the money from that address to my btc-e account? I made another transaction later for another $20 and sent that directly to my btc-e account, and that worked. But the first transaction, I wanna figure out how to move the $20 to my account.
I've never used a paper wallet and I'm not sure if they all work the same, but here's one way to do it, using the Blockchain app
I just took the address to my online wallet on BTC-E.com and deposited directly.
For those of you who have been PM'ing me, here's the steps.
1) open account on BTC-e.com
2) go to ATM in Waves on Howe/Smithe
3) follow directions on ATM
4) when asked for where you want to deposit your BTC, scan the QR code from your "finances" section on BTC-e for "deposit BTC." Don't copy the address by hand, that leaves too much room for error. If you make a mistake, there is no undoing the transaction
5) BTC will be deposited to your BTC-e account
6) Trade away
7) optional; download BTC wallet. Transfer BTC to your wallet's address instead of BTC-e if you don't want to trade and just let it sit. Be sure to add a passoword to encrypt it and back up your *.dat file to 2-3 different locations. Like a USB, extra hardrive, email, cloud etc.
Alternatively you could also make an account on OKPay.com and deposit money directly to your BTC-e account. That way you can watch the prices and buy low. Buying at the ATM locks you into paying the current rate at that exact moment. The ATM uses Mt.Gox's pricing which is always a bit higher than BTC-e.
Then you can trade for LTC, FTC, NMC or whatever your heart desires. Just make smart moves. Don't go trade crazy or you'll see your money slowly start to disappear from poor trades and the %0.2 fee for each transaction.
__________________
FOR SALE: 14'' MR2 MK1 wheels with 90% rubber $130, FD RX7 Transmission $200, Hitch Mount Snowboard/Ski rack w/ THULE clamps, locks $200. PM me for details!
All I know is I am holding onto my BTC in hopes of it becoming mainstream. Because if it does, it'll be worth a LOT more than $700. Possibly into the $5000 range
hmm.. so on BTC-E when you trade between LTC/BTC you seemingly get less BTC for your LTC than you would if you sold off LTC for USD then purchased BTC with the USD?
__________________
Dank memes cant melt steel beams