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Bitcoins?
#1
Hi! I hope I'm allowed to ask or post about this, but I was hoping someone with more experienced would be able to answer a few questions I might have....
First off, what are the confirmations about? I think now I must be wrong but I thought that when it says 3 confirmations needed, that I have to make 3 transactions to the same account in order for it to be processed.
I have 1 outgoing transaction that has been pending for ages now. And I put 3 into my wallet which was successful, but says still pending.
I understand that reserved amount is the amount I'm trying to send out... but I dont understand confirmations or what it means. Could someone please explain to me?
Ty
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#2
I'm sorry I don't use "bitcoins"... Heard of them, but so far, I've never used them...

Maybe someone else here has...

Ice
Semper Fidelis

[Image: SyAa0qj.png]

USMC
Nemo me impune lacessit
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#3
Thank you anyways, and I'm sure others have. It's handy for ME because other payment methods arent as easily available -without going into too much info. Wink
I dislike mentioning them because of the stigma attached. Man, if you have seen the amount of $$$$$ on the chain.... its incredible. Well maybe someone can help.
Thanks, Iceman Smile
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#4
Yeah... One day I may even start "mining" those bit coins...

Ice
Semper Fidelis

[Image: SyAa0qj.png]

USMC
Nemo me impune lacessit
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#5
Hmmm looks like you have heard quite abit about them. Actually, I also looked into that and the hardware that helps you do it. Its not a bad investment.
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#6
https://blockchain.info/wallet/support-pages

https://www.coinbase.com/

Flippity, I don't use bitcoins, yet, but here are a couple of websites that might help. Smile

(01-03-2016, 06:45 AM)Flippity Wrote: Hi! I hope I'm allowed to ask or post about this, but I was hoping someone with more experienced would be able to answer a few questions I might have....
First off, what are the confirmations about? I think now I must be wrong but I thought that when it says 3 confirmations needed, that I have to make 3 transactions to the same account in order for it to be processed.
I have 1 outgoing transaction that has been pending for ages now. And I put 3 into my wallet which was successful, but says still pending.
I understand that reserved amount is the amount I'm trying to send out... but I dont understand confirmations or what it means. Could someone please explain to me?
Ty
Reply
#7
Thanks Willie... Good info is hard to beat...

Ice
Semper Fidelis

[Image: SyAa0qj.png]

USMC
Nemo me impune lacessit
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#8
Confirmations are done already, no doubt you have way more than 3 by now. Bitcoins are the money of the future, govt can't print up boatloads of them to finance its stupid wars overseas so it keeps its value. Govt can't control it so it hates bitcoin and other virtual currencies. I bought a bunch when it was around 230 to 300. Now its 430 a coin. Eventually even the blockhead iop's will learn to use it and instead of refusing it, will insist on it. They may even learn pgp too. Who knows, they may even go on the dark net but I'm dreaming.

Actually, there are many iop's that have gone over to the "dark" side. They only accept bitcoin, I've seen them over there. If you don't want to be high and dry eventually, learn bitcoin. Or you will be left sifting through the scammers and overpriced ripoffs.
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#9
Grand many darknet sites are a hornets nest right now and honestly will be for awhile with how blatant they are. places like this aren't all that different though minus the buying. On the darknet the best big time vendors are on a site just like this with no buying ability only contact info.

Pgp should always be implemented. It's honestly the biggest part of remaining anonymous. Obviously it takes more than just pgp but you might as well use nothing if you're not willing to use it. IMO most vendors should switch to it in all emails.

Also Bitcoin is quite easy. People just make it seem intimidating. Btw in no way shape or form is it anonymous despite what anyone may say.
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#10
These posts are so helpful. I appreciate all the knowledge shared.
I have been intimidated by Bitcoin because all I hear is people talking about its value fluctuating wildly and unpredictably. Is this true? The way some people make it sound, you could make a huge investment in Bitcoin that would be of no value in one day.
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