Questions tagged [buy-bitcoins]

Use this tag for questions pertaining to the purchase of Bitcoins.

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1answer
26 views

I had someone offer to mine bitcoin for me, I am a beginner

I had someone( john Edison) offer to mine bitcoin for me. I pay for the bitcoin on cash app and he mines it for me. With messaging him i started to feel like he didn't really know what he was talking ...
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2answers
20 views

What is the need for multiple private keys?

From what I understand, there is initially a seed from which the private keys are derieved and from that the public key respective to each private key is derived. The public key is essentially the ...
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0answers
27 views

Buying and selling Bitcoin on a hardware wallet and not sending to an exchange

How can I buy and sell my Bitcoin from a Trezor or Ledger hardware wallet, without sending Bitcoin to an exchange? For example, are there any hardware wallets that allow you to keep your Bitcoins on a ...
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0answers
24 views

Access Kucoin OHLC data from API?

I need to access kucoin Open-high-low-close (OHLC) data from Kucoin API. Looking in https://docs.kucoin.com/#get-trade-histories, I deduced that to access OHLC data (for instance BTC versus USDT, ...
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1answer
41 views

Why is so expensive to buy Bitcoin with Credit Card? [closed]

There are many sites accepting credit cards to buy Bitcoin, but they charges a huge fee, sometimes is more than 10% (and I think never less than 5%). Why is that? what is the problem with buying ...
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1answer
38 views

Total Bitcoins in circulation on any given day? [duplicate]

I'm creating a spreadsheet to track total bitcoins in circulation from day 1. This would be to add up each Bitcoin per day created and add to an accumulating total. For example, if we picked any day ...
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1answer
39 views

Am I Being Prodded By A Bitcoin Mining Scammer?

I had someone approach me via an insta post, because i found his account and liked a photo. He said he was a bitcoin miner and forex trader in LA california, and asked if i was interested in earning ...
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1answer
36 views

What happens when bitcoin drops and i add more money to my wallet

If i have $1000 worth of bitcoin with the current price of bitcoin at $7000, then later on bitcoin dropa to $6500, normally i know ths money in my wallet will drop. But my question is what will happen ...
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0answers
49 views

What are the benefits of running a crypto exchange website? [closed]

Getting straight to the question. Say I want to run a cryptocurrency exchange platform where people could come and buy/sell Bitcoin or Altcoin. The way I understood I have to partner up with a Bank in ...
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1answer
35 views

How do websites sell cryptocurrency with fiat payments?

I'm trying to create a platform to sell cryptocurrencies in my country. the way it works is, the user enters my website, select a coin he wants to buy then the amount he/she wants to buy, he pays in ...
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0answers
67 views

problem in imported address

I have $10 at my address. I only imported that address in my other wallet, but it shows the balance of $0 and no past transactions. I tried my balance address of $18 and the same zero balance is shown ...
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1answer
49 views

How do I profit from bitcoin [duplicate]

For a newbie like me, I am still confused about how this bitcoins works. And I don't mind if someone can help me get a clear sight on how this thing works. Thanks
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1answer
59 views

How much does a bit coin cost? [closed]

The reason I ask is because I just received an e-mail from someone who claims to have commandeered my cell phone camera and also my address book. They said they would overlay my picture while ...
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2answers
47 views

How is my real identity linked to my bitcoins?

I am new to bitcoin and would like some clarification on its anonymity. Example: i buy bitcoins from an exchange and send them to my bitcoin wallet. The addresss that i sent the bitcoins to would be ...
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1answer
37 views

Are there services which I can offer to earn bitcoins? [duplicate]

Yes, I am a noob at this. I was wondering if anyone could let me know if I could do something sitting on the desk to earn some crypto-pie. Also please explain how will I be able to use my bitcoins to ...
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1answer
58 views

At today's price how much would$500 dollars be worth in Bitcoin if it goes to $20,000 dollars again [closed]

Ok you have $500 dollars to invest in Bitcoin at today's price$3,421 dollars and say Bitcoin surges to$20,000 dollars again how much money would you now have.
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2answers
106 views

What kind of private information would a bitcoin “middleman” ask from clients?

I don't know much about bitcoin so forgive me for the ignorant title and terminology. My mom recently got into bitcoin and told me she was investing her money in it or something like that and she's ...
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1answer
68 views

Is it possible that one knows how much BTC is in wallet.dat without knowing password?

Someone says that he or she wants to sell his or her wallet.dat which seems to contain a lot of BTC. He shows screenshot of wallet software containing many BTCs. He says that when I place wallet.dat ...
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1answer
219 views

Can bitcoin purchase be tracked?

Can a bitcoin transaction be tracked? I'm planning on buying bitcoin from coinmama.com and I'd like to ask if I can be tracked down for using my credit card? Will someone know my location or my ...
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3answers
518 views

What can you do with the private key?

I am trying to understand all security regarding blockchain and bitcoins. Let's say you have a bitcoin wallet which is secured, only you know the private key. This bitcoin address was created on one ...
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0answers
27 views

What are the common cases of disputes where buyer is found guilty in cryptocurrency trade?

I am working on dispute management of crytocurrency trade and I am new in this field. I want to know what are the cases where a buyer is found guilty in a cryptocurrency trade whether it is on ...
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1answer
70 views

Can I send bitcoins straight from an ATM to a vendor?

I want to buy something from a vendor on who accepts bitcoins. Is is possible to go a bitcoin ATM and purchase bitcoins sent directly to his address? Or do I have to purchase the bitcoin and have in ...
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1answer
155 views

Fiat to Satoshi Relationship

Is there a formula to calculate the fiat value of a Satoshi using your fiat principle?
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4answers
102 views

Exchanges and security

How can I ensure that my crypto-assets are secure when trading in a certain exchange? Even when I have my private wallet, I should deposit into theirs before trading.
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1answer
29 views

With the btc price changing every second, how can you accurately display conversion to fiat currency?

So the ASK price of BTC is constantly moving -- every second. I'm trying to build out a simple UI where the user can enter in the amount of BTC they want to buy, and then display how much that will ...
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1answer
30 views

Is there a Bitcoin wallet that has French language support?

Which Bitcoin app has a language option that can be changed from English to French? I have tried few applications but they seem to be no language option.
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1answer
2k views

How to buy Bitcoin in Iran [closed]

So I'm trying to buy Bitcoin in Iran and I want to use my Iranian Bank Account which unfortunately isn't accepted by PayPal or other online payment websites. So is there any way for me to buy Bitcoin(...
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2answers
98 views

At what prices I will be buying/selling bitcoins?

Scenario 1: I bought k bitcoins at unit rate X in the past, with amount A. If I want to sell them now, I look at three unit prices: Buy Price Sell Price Spot Price Question # 1: At which price I ...
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1answer
258 views

What is the Default Rounding for 8 digits in Binance,tradingview,etc

I have a problem. I am struggling to calculate programmatically the number of cryptocurrencies because I sometimes have inaccuracies in the last digit. Does anybody know what the problem is? (Of ...
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1answer
90 views

Personal information and bitcoin purchasing

I am in the process of buying bitcoins and am being required to put in a lot of personal details. Once i buy the bitcoins is there any way that the information i had to submit to buy them originally ...
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2answers
565 views

What's the difference between a Bitcoin Wallet and a Bitcoin Exchange?

I was thinking about investing a small amount of money in Bitcoin: actually I'm having second thoughts about this, after all the fraud stories I've been told about on the Personal Finance site. ...
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1answer
40 views

Hardware wallet can be used anywhere?

I haven't yet traded any cryptocurrencies. I'm planning to buy BTC through Coinbase then exchange BTC for a small amount of XRP. The main reasons for going with Coinbase is it's safe, well regulated ...
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1answer
63 views

How to calculate value of pair but in opposite direction

I am new to trading so my question might seem obvious or stupid to some but here goes. Exchanges often quote crypto pairs in a specific order, i.e. ETH/BTC but not very often (if at all) BTC/ETH. ...
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2answers
130 views

Buying selling of cryptocurrency. Where does the coin come from and where does it go?

I am a novice trying to understand selling and buying of crypto currency. I could not find it on google so asking, please do not be harsh. Say, I have an account with coinbase and want to buy ...
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1answer
132 views

BTC Arbitrage Opportunity question

I have an bank account that allows me to exchange between currencies at no extra premium other than the exchange rate. I am noticing large spreads between some of the BTC prices in various currencies....
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1answer
190 views

Cryptocompare API is not updated

I have created an android app for maintaining the portfolio. I have used the coinmarketcap.com API. This API does not have the data at exchange level. I have tried https://min-api.cryptocompare.com/ ...
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5answers
597 views

Buying big amounts of Bitcoin for cash in person

Presumably, I want to buy Bitcoin in person somewhere in Europe. I need very big amounts, say, 1K BTC, and I am willing to pay in cash (EUR). When I find potential sellers online or through friends, ...
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2answers
413 views

Where to buy huge amounts of Bitcoin?

I read the following article: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency, Russia Today, February 19, 2018. Where could the man buy such a large amount of Bitcoin? On ...
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1answer
841 views

blockchain.info says password is incorrect, and wont allow me to access my BTC

I had a wallet ID through blockchain.info. I signed in, received my BTC from where I bought it, all was good. I wrote down my 12 words for recovery and have them. I changed my password to something ...
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2answers
234 views

How will bitcoin survive if everyone is hoarding?

It is the question since I first heard about bitcoin, ethereum and then many others. Most tokens or crypto currencies, usually offer a utility on their respective platforms. Bitcoin is to distrupt ...
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1answer
289 views

Paid the seller but did not receive my Bitcoin [closed]

I bought my bitcoins from Remitano, the support team said it's been released but it's already 2 days I still haven't receive anything. The following is my e-wallet : ...
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3answers
177 views

How did anyone buy bitcoins before exchanges?

How did the first bitcoins get bought by anyone? I understand how miners got them, but what did they do with them?
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0answers
28 views

Are market prices listed by exchanges weighted by transaction size?

Suppose I buy 0.0001 BTC for $1.23 on some hypothetical exchange. Does that mean that the market price on that exchange at that time is $12,300? The reason I ask is that there is a huge difference ...
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1answer
389 views

Bitcoin unconfirmed transactions - what is the best solution to fast it up? [duplicate]

I have couple of unconfirmed transactions that i want fast up. How i do it quickly and easily ? What do you do ? the fees going insane (over $12 for the smallest transactions) i want to send with ...
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1answer
277 views

How bitcoin tax is calculated?

I bought 1 bitcoin and sold part of it to make cash from time to time. How will tax on this income be calculated?
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1answer
1k views

I sent bitcoin to the wrong address [duplicate]

How can I learn who has access the the address that my btc were incorrectly sent to? I look in btc.com and see that the btc was sent and completed, and unspent. It's just sitting somewhere on the ...
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0answers
836 views

api for buy/sell bitcoin

I have recently started a project to build an exchange plateform. I am unable to find an API that provides me an ability to implement a feature to buy and sell bitcoins. Can someone please let me ...
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1answer
55 views

Few questions on Bitcoin purchase and transfer

would like to know how you do things from buying Bitcoin to transferring it to Poloniex/other wallet. 1) Where do you buy Bitcoins (USD/SGD/PHP/OtherCurrencies to Bitcoin)? 2) How do you transfer it ...
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1answer
123 views

Tether decouples demand from price?

So I don't understand how Tether (USDT) works. I hear two contradicting things about it. First, is that it is pegged to the dollar, plus or minus a few cents here and there. Second, that you can buy ...
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2answers
245 views

Where to buy Bitcoin with Paypal? [duplicate]

I have a Paypal account and I don't want to give up my ID card. Where could I buy Bitcoin at a price reasonably close to the exchange rate?