The best way to learn about bitcoin, would be to jump in and get a few in your “pocket” to have a feel for how they work.
Despite the hype about how exactly difficult and dangerous it might be, getting bitcoins is easier and safer than you may think. In plenty of ways, it really is probably easier than opening an account at a traditional bank. And, given what has been happening in the banking system, it really is probably safer too.
There are a few what to learn: getting and utilizing a software wallet, learning how exactly to receive and send money, learning how to buy bitcoin from a person or an exchange.
Preparation
Before getting started, you will need to get yourself a wallet. You can certainly do this easily enough by registering with among the exchanges that may host wallet for you personally. And, although I think you will definitely want to have one or more exchange wallets eventually, you should start with one all on your own computer both to obtain a better feel for bitcoin and because the exchanges remain experimental themselves. When we reach that stage of the discussion, I am advising that you get in the habit of moving your money and coins off the exchanges or diversifying across exchanges to help keep your money safe.
What is a wallet?
It is a solution to store your bitcoins. Specifically, it really 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 such as thumb drives. In case you are concerned about being hacked, then that is a good option. Even the Winklevoss* twins, who have millions invested in bitcoin, put their investment on hard disks which they then put into a safety deposit box.
*The Winklevoss twins will be the ones who originally had the theory for a social media site that became Facebook. They hired Mark Zuckerberg who took their idea as their own and became immensely rich.
What do you must know about having a bitcoin wallet on your computer?
Below you can download the original bitcoin wallet, or client, in Windows or Mac format. These are not just wallets, but are actually 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 a number that appears like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will notice a field where you could copy and paste a number like this from the person you need to send money to and off it’ll go directly into that person’s wallet. You can even create a QR code that may let someone take a picture with an app on their phone and send you some bitcoin. It is perfectly safe to give these out – the address and QR code are both for my donations page. Feel free to donate!
NOTE: This sort 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 (and therefore 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 take up 8-9 gigabytes of your computer’s memory. After you 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 computer, and makes the system as a whole more secure, so it’s a good idea.
Bitcoin Qt
The original wallet.
That is a full-featured wallet: create multiple addresses to get bitcoins, send bitcoins easily, track transactions, and back up your wallet.
Outside of the time it takes to sync, this is usually a very easy to use option.
Search for Bitcoin Qt wallet download to find their site.
Armory
Runs along with Bitcoi Qt, so it has all of the same syncing requirements.
Armory permits you to back up, encrypt, and the ability to store your bitcoins off line.
Seek out Bitcoin Armory Wallet to find their site.
If you don’t want to have that much memory used or don’t want to wait for your wallet to sync, you can find good wallets that not make you sync the entire history of bitcocin:
Multibit
A lightweight wallet that syncs quickly. This is very good for new users.
Search for Bitcoin Multibit Wallet to get their site.
Electum
Not only is it quick and light, this wallet allows you to recover lost data using a passcode.
Seek out Bitcoin Electum Wallet to find their site.
After you obtain the wallet set up, take a few minutes clicking around. Things to look for:
o There will be a page that shows you just how many bitcoins are in your wallet. Take into 코인선물옵션 that bitcoins can be broken up into smaller pieces, so you may see a decimal with a lot of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named following the pseudonymous creator of bitcoin).