The best way to understand about bitcoin, is to jump in and get several in your “pocket” to have a feel for how they work.
Despite the hype about how difficult and dangerous it can be, getting bitcoins is easier and safer than you may think. In plenty of ways, it is probably easier than opening an account at a traditional bank. And, given what has been happening in the bank operating system, it really is probably safer too.
There are a few things to learn: getting and using a software wallet, learning how exactly to send and receive money, learning how exactly to buy bitcoin from the person or an exchange.
Preparation
Before getting started, you need to get yourself a wallet. You can do this easily enough by registering with one of the exchanges that will host wallet for you. And, although I think you are likely to want to have one or more exchange wallets eventually, you should start with one all on your own computer both to acquire a better feel for bitcoin and as the exchanges remain experimental themselves. When we get to that stage of the discussion, I will be advising that you will get in the habit of moving your money and coins off the exchanges or diversifying across exchanges to keep your money safe.
What is a wallet?
It is a way to store your bitcoins. Specifically, it is software that has been designed to store bitcoin. It usually is run on your desktop computer, laptop, mobile device (except, as yet, Apple) and can also be made to store bitcoins on things like thumb drives. Should you be concerned about being hacked, then that is clearly a great option. Even the Winklevoss* twins, who’ve millions committed to bitcoin, put their investment on hard disks which they then placed into a safety deposit box.
*The Winklevoss twins will be the ones who originally had the idea for a social networking site that became Facebook. They hired Mark Zuckerberg who took their idea as their own and became immensely rich.
What do you should know about having a bitcoin wallet on your pc?
Below you can download the original bitcoin wallet, or client, in Windows or Mac format. They are not just wallets, but are in fact part of the bitcoin network. They will receive, store, and send your bitcoins. You can create a number of addresses with a click (an address is really a number that appears like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will see a field where one can copy and paste lots like this from a person you intend to send money to and off it will go directly into that person’s wallet. You may also create a QR code that may let someone take a picture with an app on the phone and send you some bitcoin. It really is perfectly safe to give these out – the address and QR code are both for my donations page. Feel free to donate!
NOTE: This type of wallet acts both as a wallet for you and as portion of the bitcoin system. The reason bitcoin works is that each transaction is broadcast and recorded as lots across the entire system (meaning that every transaction is confirmed and made irreversible by the network itself). Any computer with the right software can be section of that system, checking and supporting the network. This wallet serves as your individual wallet and in addition as a support for that system. Therefore, be aware that it will require up 8-9 gigabytes of your computer’s memory. Once 코인선물옵션 install the wallet, it will take as much as a day for the wallet to sync with the network. That is normal, does not harm your personal computer, and makes the system as a whole more secure, so it’s advisable.
Bitcoin Qt
The original wallet.
This is the full-featured wallet: create multiple addresses to receive bitcoins, send bitcoins easily, track transactions, and back up your wallet.
Outside of the time it requires to sync, this is usually a very easy to utilize option.
Seek out Bitcoin Qt wallet download to find their site.
Armory
Runs along with Bitcoi Qt, so it has all the same syncing requirements.
Armory allows you to back up, encrypt, and the ability to store your bitcoins off line.
Search for Bitcoin Armory Wallet to get their site.
If you don’t want that much memory used or don’t desire to wait for your wallet to sync, there are good wallets that do not make you sync the complete history of bitcocin:
Multibit
A lightweight wallet that syncs quickly. This is good for new users.
Seek out Bitcoin Multibit Wallet to get their site.
Electum
Not only is it quick and light, this wallet enables you to recover lost data using a passcode.
Seek out Bitcoin Electum Wallet to get their site.
After you obtain the wallet set up, have a few minutes clicking around. Things to look for:
o There will be a full page that shows you just how many bitcoins are currently in your wallet. Keep in mind that bitcoins can be split up into smaller pieces, so you might see a decimal with plenty of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named after the pseudonymous creator of bitcoin).