Questions tagged [money]

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-1 votes
1 answer
169 views

Transaction pending unconfirmed for a very long time --- Done with Bcoiner App

I sent bitcoin to someone 8 days ago and since then no confirmations have been done but myself someone sent bitcoin sameday and got many confirmations sametime. So i tried to resend the bitcoin about ...
0 votes
1 answer
40 views

Is Bitcoin considered mobile money (formal definition)?

I'm using an IMF data set that includes mobile money variables along with a data set of cryptocurrency use. I found the mobile money variables to be highly correlated with the cryptocurrency use data. ...
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0 votes
3 answers
133 views

Who in their right mind would waste their Bitcoin on taxes or buying random stuff?

First of all, I very much get the "argument" that Bitcoin has to be used as a currency for it to function long-term and it's a good thing if it is, etc. Not arguing against that. But when I ...
-3 votes
1 answer
63 views

Is it cryptologically possible to create a smart contract which SAFELY gives me "altcoin interest" on my Bitcoins?

I am aware of the existing, similar questions, and I have read them and found them valuable. However, I do not feel as if I have truly got a conclusive answer on my basic question, which is: Is it ...
-3 votes
1 answer
132 views

CAN I GET MY MONEY BACK FROM AN OLD MYCELIUM WALLET ? I HAVE THE BITCOIN ADDRESS MYCELIUM SUPPORT SUCKS NO HELP AT ALL [closed]

CAN I GET MY MONEY BACK FROM MYCELIUM I HAVE MY BITCOIN ADDRESS THERE SUPPORT SUCKS MYCELIUM CRASHED THEY GAVE ME A NEW WALLET BUT I HAD MONEY ON THE OLD ONE I CAN NOT GET THERE SUPPORT WILL NOT ...
0 votes
1 answer
49 views

Hello, i wanna help? [duplicate]

I have question and problem. Im from Poland, installed Bitcoin Core, wanna send money from my bank account in Poland to my bitcoin core wallet, but how i can do that ?
-1 votes
1 answer
143 views

Zero Day BlockChain Timezone Exploit

Couple weeks ago, a new Blockchain exploit was found by a hacker named: Zer0dayxploit unfortunately, i am not a tech person, but it seems you can earn abt 500$ a day with this exploit! He wrote a ...
0 votes
1 answer
105 views

Someone made a small, apparently fraudulent, transaction to my public address. What is the purpose behind it?

I have a small e-commerce site and someone made three cryptocurrency purchases just seemingly to know my public addresses as she never paid the cost of goods. The three addresses she viewed are public ...
0 votes
0 answers
30 views

can't see the transfer

I payed to this site but in my computer account I can't see the transfer please help me .
0 votes
2 answers
48 views

Why would a merchant accept Bitcoin?

I am trying to get the answer for the following example: Assume I have some bitcoin and want to buy a product from a merchant. Why would the merchant sell that product to me for bitcoin when he ...
0 votes
2 answers
61 views

How bitcoin gets monetary value [duplicate]

This looks like a complex thing but I am trying hard to understand it. Why would any one in the world honor a crypto currency till it is backed by a government with monetary value? How does a crypto ...
0 votes
1 answer
146 views

What would happen to bitcoin in a world with no electricity/internet?

Many people discuss gold as an 'apocalyptic' currency because it will be what's used (supposedly) if the world ends, or there is some cataclysmic event that wipes out the power grid and internet ...
0 votes
2 answers
179 views

Is there a chance to return all of the lost money invested when the chart goes back up? [closed]

Let say, for example, I invested $3 to buy 21 TRX (Tron Tokens), usually a token under Ethereum platform but still working the same as other altcoins when the value goes high, where the price is ...
0 votes
2 answers
76 views

can I use bit coin to pay my overseas customers

I have a business where I have to pay customers on other countries , I want to have the ability to transfer my funds to a bank in another country with out having to pay the high bank fees for ...
0 votes
1 answer
49 views

Internet of Money git download error

I tried to download the pdf from the following repository but i get an error https://github.com/merklebloom/IoMv1 Ive done the following: $ git clone https://github.com/merklebloom/IoMv1.git $ cd ...
0 votes
1 answer
103 views

Is 'hawala' and Bitcoin similar?

Hawala is an old indian/middle east , money transaction system , based on mutual trust, and uses an encryption system based on spoken keycodes.How is it similar to bitcoin transaction system?
0 votes
1 answer
106 views

Will the amount of "usable" Bitcoins eventually drop to zero? [duplicate]

Let's assume that there is a non-zero probability that people lose their bitcoins, e.g. by forgetting their password. The amount of bitcoins these people possess will become "unusable" but still ...
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7 votes
4 answers
10k views

How Ripple actually transfer money from one bank to another?

Imagine there is bank A from USA and bank B from England, and they are both on Ripple Network. Bank A wants to transfer $100 to bank B. How does bank A put money in the Ripple network? Does it need ...
  • 181
1 vote
0 answers
24 views

Friend sent me Bitcoin using Quickbt and it never ended up in my wallet [duplicate]

One of my friends sent me bitcoin so I could buy something online. They used the website quickbt to send me the money. They used the proper address for my wallet because it was copied and pasted in. ...
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-1 votes
2 answers
124 views

How is Bitcoin money? [duplicate]

Every time a hash is successfully created, a reward of 25 bitcoins is paid. Who pays this reward, and on what authority? How does this become legal tender? How is it not counterfeiting?
0 votes
1 answer
537 views

What is the real value of bitcoins [duplicate]

I have a lot of confusion about bitcoin. What is the real worth of a bitcoin. For instance currency used to be backed by gold but now a days its fiat currency all around us.
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1 vote
1 answer
48 views

Is it accurate to refer to Bitcoin as "money"?

For example, would it be considered right if I said "I already gave you the money, Bob!" when I gave him Bitcoin?
3 votes
3 answers
191 views

How would Bitcoin's purchasing power be measured after fiat were gone?

Somewhere in the possible near/far future when there might not be any major fiat anywhere. What will Bitcoin's purchasing power be measured in?
12 votes
2 answers
8k views

How do wallet developers earn money?

Does anyone know how the Bitcoin wallet developers earn money? Do they live on only donations? Is it possible to survive on only donations? Why would they develop wallets if they don't make any ...
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3 votes
1 answer
111 views

Are there any math contests paid in Bitcoin?

Are there any hard math problems or math contests that have rewards paid in Bitcoin?
  • 141
0 votes
0 answers
28 views

How do i transfer bitcoins from bitcoin qt to multi bit? [duplicate]

Im very new to this so forgive me. I downloaded bitcoin qt and after 16 hours there was no progress whatsoever with this 'blockchain' stuff. I bought some bitcoins to send to the bitcoin qt client. ...
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2 votes
0 answers
50 views

Are bit coins taxable? [closed]

Are bit coins taxable? Another words if you accept bit coins when you sell an item do you pay taxes on the proceeds if your accepting bit coins?
2 votes
3 answers
4k views

How to compute profit and loss with currency trading?

I can't seem to wrap my head around this. Let's say we have these fake trades between two currencies C1 C2 Rate dPIP Trade Value C1 Value C2 Day 1 1 0 10 0 ...
  • 115
-1 votes
1 answer
276 views

How stable is the Bitcoin Market [closed]

The bitcoin market seems to not be very stable. The value if the currency fluctuates everytime there is a fork. If I invested say 1000$ USD and the market crashed, would I be able get my $1000 back?
5 votes
2 answers
246 views

Would the existance of other cryptocurrencies negatively effect Bitcoins?

Would the existence of other cryptocurrencies negatively effect Bitcoins? It seems that other forms of cryptocurrencies would be competition to Bitcoins. Alternately, would it be like having other ...
0 votes
1 answer
521 views

Blockchain.info: Which address should I give for "New Shared Address"?

I am new to Blockchain.info's wallet's features. I clicked the "Receive Money" tab, then clicked "Shared" and then the green button labeled "New Shared Address". It gave me the following: Address ...
  • 179
0 votes
1 answer
2k views

How To Get a New Bitcoin Payment Address

I have one bitcoin ewallet and this has one bitcoin payment address. I have read we should change our bitcoin payment address frequently for security reasons. How do we do that?
  • 1
9 votes
2 answers
37k views

What is the cheapest way to deposit money into a Bitstamp account from the US?

What is the cheapest way to deposit money into a Bitstamp account? They offer a number of ways, but what is the easiest for someone in the US?
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0 votes
3 answers
289 views

How would bitcoins "crash"? [closed]

The value of bitcoins has been fluctuating like crazy over the last week, experiencing exponential growth in the BTC to USD valuation. There is no way that that can be maintained longterm. What would ...
  • 207
-1 votes
1 answer
219 views

where are my bitcoins [closed]

I downloaded program some months ago. I always wait for blocks to sync before I do anything. After everything is synced I have been going to where the surveys are to get coins, however, after ...
5 votes
1 answer
254 views

What aspects of Money Order laws will apply to merchants who use Bitcoin?

There are several money order laws that apply to merchants who accept them. Bitcoin seems to have properties of a money order, but also some aspects of value that are driven by demand. I'm looking ...
4 votes
1 answer
5k views

Why might MultiBit not show a transaction that was sent to me? [duplicate]

So i recently bought a bitcoin from a vendor , and i had it sent to my Address in multibit. Now the problem is , the money isn't there and i'm not sure what to do. He told me to get bitcoin (program)...
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9 votes
2 answers
810 views

Who earns transaction fee in Ripple?

In Bitcoin, fees are earned by the miners. Who earns the transaction fees in Ripple?
  • 42.9k
17 votes
4 answers
1k views

What happens when a gateway on the Ripple network defaults or simply vanishes?

What happens when a gateway on the Ripple network defaults or simply vanishes? Do people that got their money from it lose that money, do other gateways honour the IOUs issued by that gateway still, ...
  • 42.9k
6 votes
1 answer
2k views

How divisible are ripples?

How divisible are ripples (XRP)? With 100 billion of the currency units being created at system inception one could assume that they are akin to satoshis, but during the operation of the system I ...
  • 42.9k
4 votes
1 answer
543 views

How does one get money into the Ripple system?

How does one get money into the Ripple system? There appear to be ways how one can lend various currencies in the system, but how does one get non-debt money into Ripple?
  • 42.9k
2 votes
4 answers
862 views

Is a gold standard commodity-backed bitcoin possible?

I like bitcoin in the sense that it decentralizes currency. I would like to know though if it is a commodity-backed currency similar to the gold standard decades ago? Is it possible in the near future?...
8 votes
3 answers
3k views

Which payment processors do not allow for chargeback?

I would like to receive a payment for selling my bitcoins. I don't trust the person much, so I will ask for money in advance. However, I'm not sure which payment processors could I use for such a ...
  • 42.9k
3 votes
1 answer
422 views

Is there a way to buy or sell Bitcoins for Iceland Kronas?

Say I was living in Iceland and wanted to convert my local currency to Bitcoin and back. What are my options?
  • 42.9k
3 votes
1 answer
1k views

How do I convert Bitcoin to cash at my bank via Mt. Gox?

If I use Mt.Gox to do this, what are the specific steps I need to take?
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-4 votes
2 answers
88 views

A different question about a kind of use [closed]

Imagine I want to change the formula of transactions between a group of people who want to use this money in this way: "Everyone will have a maximun quantity of money to waste in the month, and ...
15 votes
3 answers
867 views

What are the most notable cases of Bitcoin scams?

Bitcoins can be easily used to scam people out of their money due to the inability to perform charge-backs. What are the most notable cases of Bitcoin scams that are known?
  • 42.9k
4 votes
3 answers
265 views

Have there been cases of traditional money theft from Bitcoin exchanges?

There have been a number of cases of thefts or losses of Bitcoins from a few Bitocoin exchanges, but has there ever been a case of traditional currency being stolen or lost by an exchange?
  • 42.9k
15 votes
2 answers
11k views

Why can we have small fractions of a Bitcoin?

I didn't study the inner workings of Bitcoin (yet), but already since when I just started using it, I wondered why a Bitcoin can be split up in parts. Because there is a limit on the amount of Bitcoin ...
  • 11.4k
13 votes
5 answers
705 views

Does the bitcoin design make bitcoins suitable as a medium of exchange, a store of value, or both?

Money is often seen as having various functions, such as "medium of exchange" (something useful for conducting transactions, and "store of value" (something valuable as an investment). Was bitcoin ...
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