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Showing 5 of 5 results by RoyFour
Mining is no longer profitable unless you have a high budget and can get hold of new tech when it is released and sell it just before the difficulty rises its a very risky market but can pay off in the 1000+
+1 To this. You need some serious hardware for profitable mining. If you just want to mine for the heck of it, I would suggest an altcoin that is less heavily mined (e.g., Feathercoin, FrankoCoin, (Insert Name Here)Coin, etc.). You could always exchange it for bitcoins later, however little that may be. Last time I checked, there were plenty out there! 
I agree with directly buying (with USD or EUR, etc.). Its much easier, and could be highly profitable.
Hey.
I've been trying for days to buy about 10$ of bitcoin. All I have to pay with is a visa debit that I got for work as a paycheck card. I have no bank account (which means no coinbase.) And I cannot get VirWox to accept my card.
Any suggestions? I just want enough to mess around with. I like making physical wallets and bills and I wanted to test them with small amounts, possibly to give to my uninitiated friends and family.
Thanks for any advice, all.
-Roy
I've been trying for days to buy about 10$ of bitcoin. All I have to pay with is a visa debit that I got for work as a paycheck card. I have no bank account (which means no coinbase.) And I cannot get VirWox to accept my card.
Any suggestions? I just want enough to mess around with. I like making physical wallets and bills and I wanted to test them with small amounts, possibly to give to my uninitiated friends and family. Thanks for any advice, all.
-Roy
Hello Everyone.
The past few days, I've really come to understand Bitcoin and I am quite excited that a community backed, secure currency is able to do so well. I have always been interested in cryptography and the like, especially public key cryptography (Like RSA and PGP). When I heard that Bitcoin was only possible because of public key systems, I got even more excited.
So what I'm getting at is, I have no Bitcoin to mess around with. So, I stated researching ways to make my own altcoin. Not for profit or anything, just purely for the educational value and the fun. However geeky and technically-minded I may be, I have no C++ experience, which is apparently required for such an endeavor. After reading several guides, I still feel like these projects all go way too deep for what I want.
The only thing I was really wanting to do was be able to trade it among friends and family, possibly on paper wallets and such, just for fun.
I think the closest thing I came to this was two things: Coingen.io, which I found out is either a scam or badly made, and Open Transactions.
Open Transactions has a currency/"asset" creation feature that essentially lets you create a cryptocurrency.
However, OT is still under construction, and I don't have a computer to compile the source on.
Pretty much all I have hardware-wise is a Galaxy S4.
I guess what I'm asking is, is there any way to make a simple cryptocurrency for fun? Open Transactions seems like my best bet right now, but I will be waiting a while for the Android App. Also, would I be able to create offline wallets for a cryptocurrency made in this way?
I hope I haven't lost, confused or annoyed anyone, I just would like some help from people with a bit more experience than me.
Once again, I don't expect this to go anywhere, or gain any profit, I just wanted to mess around with it purely for fun.
Thanks in advance for any help!
-Roy
The past few days, I've really come to understand Bitcoin and I am quite excited that a community backed, secure currency is able to do so well. I have always been interested in cryptography and the like, especially public key cryptography (Like RSA and PGP). When I heard that Bitcoin was only possible because of public key systems, I got even more excited.
So what I'm getting at is, I have no Bitcoin to mess around with. So, I stated researching ways to make my own altcoin. Not for profit or anything, just purely for the educational value and the fun. However geeky and technically-minded I may be, I have no C++ experience, which is apparently required for such an endeavor. After reading several guides, I still feel like these projects all go way too deep for what I want.
The only thing I was really wanting to do was be able to trade it among friends and family, possibly on paper wallets and such, just for fun.
I think the closest thing I came to this was two things: Coingen.io, which I found out is either a scam or badly made, and Open Transactions.
Open Transactions has a currency/"asset" creation feature that essentially lets you create a cryptocurrency.
However, OT is still under construction, and I don't have a computer to compile the source on.
Pretty much all I have hardware-wise is a Galaxy S4.
I guess what I'm asking is, is there any way to make a simple cryptocurrency for fun? Open Transactions seems like my best bet right now, but I will be waiting a while for the Android App. Also, would I be able to create offline wallets for a cryptocurrency made in this way?
I hope I haven't lost, confused or annoyed anyone, I just would like some help from people with a bit more experience than me.
Once again, I don't expect this to go anywhere, or gain any profit, I just wanted to mess around with it purely for fun.
Thanks in advance for any help!
-Roy