Linked Questions

49
votes
13answers
8k views

Will deflation destroy Bitcoin?

With the limited total quantity of bitcoins, and people losing their wallets constantly decreasing that number, won't rampant deflation destroy Bitcoin?
59
votes
7answers
157k views

How many bitcoins will there eventually be?

Since bitcoins are being regularly rewarded to miners, will the number of bitcoins continue to grow indefinitely, or will there be a maximum total number of bitcoins in existence? And if there is ...
54
votes
7answers
44k views

Can bitcoins be counterfeited?

Traditional currencies have anti-counterfeiting features designed to make them hard to copy, but despite this attempt counterfeit money is a real threat. Since bitcoins are digital, it's trivial to ...
33
votes
9answers
7k views

I am new to Bitcoin, how can I get started?

I am new to both StackExchange and to the new online currency called Bitcoin. I understand what Bitcoin is and how it works, but I was wondering: how do you actually get started with Bitcoin? I have ...
9
votes
3answers
40k views

Where do the dollars go?

This question seems to me to be such an obvious question, that it must be answered somewhere. As I understand it is necessary to buy bitcoins using dollars or some other currency. Where do those ...
13
votes
6answers
8k views

Why did Bitcoin first start to gain economic value?

I am really having difficulty answering this: Why does a bitcoin have an economic value, such that there are people willing to trade US$ (or any other traditional currency) for these virtual ...
3
votes
6answers
7k views

Who issues bitcoins and how?

I can't find information on who actually issues the bitcoins. I understand that miners generate new bitcoins but what party is responsible for issuance?
3
votes
3answers
13k views

Where do these coins gain their value?

I have been mining coins for a long time (started with BTC/LTC years ago, moved to altcoins recently) and have realized I am not clear on the actual source of the value. Do the exchanges deem the ...
4
votes
2answers
4k views

If cryptocurrencies have no intrinsic value, how do they originate?

In theory, anyone could create an infinite quantity of their own cryptocurrency right now. However, if you were to do this, it would have no value and, thus, it would be useless. Since value comes ...
1
vote
3answers
1k views

What gives bitcoins value? A simple explanation please [duplicate]

I hear that miners solve math problems to secure Bitcoins... what kinds of problems? And why are the solutions worth "money"? Also, what does an exchange get in return for real money when they get ...
-2
votes
1answer
1k views

process to list cryptocoins in exchangers

I have a cryptocoin which is 50% premined. I want to list it on exchangers. How can I do it? Please mention the process to list cryptocoins in exchangers and also where can I get the list of best 50 ...
1
vote
1answer
635 views

What is the cost of setting up a bitcoin account

does it 'cost' anything to set up an account? If bitcoins are virtual, why/how does an exchange rate work?
1
vote
1answer
558 views

How sign the first transaction's signature?

In bitcoin, each transaction's signature is signed with previous owner's private key. Then, how sign the first transaction's signature?
0
votes
2answers
142 views

Why do merchants accept Bitcoin as valid currency? [duplicate]

I suppose one could ask the same question about any form of currency, but I am curious how bitcoin became an accepted currency with no government backing it.
1
vote
1answer
130 views

How can't a malicious attacker generate bitcoins on his private network?

I'm new to the cryptocurrencies world and I'm trying to understand how all this stuff works, so expect a really noob question. Suppose there's a user which generates a number of addresses and sets ...

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