Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

Ken,

Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved? Do we need to be sure our public bitcoin address is one where we can sign? For example, a non-CoinBase address?

Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List.

If I run my wallet on my local machine, is that not good enough? I have shares currently on bitfunder, US customer.

It is scary when you have people in here investing in super risky mining securities who don't really have a grasp of how the blockchain and bitcoin protocol works in general.

maybe he only has 25 dollars worth of shares, in which case I don't see what's wrong with investing in something you don't completely understand

Patience, old dogs... teach don't spurn.

It's all part of the learning process.

The more using Bitcoin, the merrier.

Heh. I am a network/systems admin by trade. I simply don't have enough time in the day to know the intricacies of everything I deal with on a day to day basis. I haven't given enough study to this particular facet of the blockchain, no. The last few posts were helpful. If I cared about what people thought about me before asking a question, I suppose I could have eventually found the answer myself. Instead I asked for help from people that *do* have the invested knowledge, and were willing to give me a few minutes of time to post a reply. I thank you for that.

I came off harsh, there's nothing wrong with not knowing how all this works, and even less wrong with asking. I just personally think you are adding an unnecessary layer of risk investing BEFORE you get to do the research. But hey if its an inconsequential amount of money to you, you could view it as tuition if something goes south you otherwise would have seen. You sure as hell would learn how to sign a message if it meant you were going to lose all your shares