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Questions tagged [money]

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Long wait time processing withdraw [duplicate]

I requested a withdraw for some funds to my wallet but customer service keep telling me that its going to take awhile for it to be processed because I'm not top tier members. It's been three days now ...
mr2fast2thao's user avatar
0 votes
0 answers
19 views

Crypto trading/exchange platform charging me a annual tax [duplicate]

I'm still new to crypto but I'm trading with this site called trust-bit.net, I wanted to withdraw 100K to my Trust Wallet and eventually to my bank account. They told me that they have to collect a ...
mr2fast2thao's user avatar
0 votes
1 answer
42 views

but I haven't heard anything from chainabuse or ftc yet, and I was told that CiperBlade is not supported

Last year, I encountered a scam and the recovery company I met after that got my money back. However, in the end, the damages were not reported back. I recently happened to find the address that was ...
user150349's user avatar
0 votes
0 answers
80 views

I have bitcoin sitting in Muskxmoon and i’m trying to withdraw it to a card or bank or something where i can have the money itself. please help [duplicate]

I have been trying to find a way to try and get this money (BTC) into my account or get a hold of the money. i’m sorta new to this and don’t know what to do to use this money like if i wanted to buy ...
brandon's user avatar
0 votes
1 answer
90 views

Shouldn't nodes get reward by protecting the protocol?

I can assume that every currency is basically consists of two major components: The protocol The history of every coin In Bitcoin the history is protected against modification by miners hash power ...
Amir reza Riahi's user avatar
-2 votes
1 answer
112 views

I want to transfer money from my bank account to somebody elses bitcoin account [closed]

I have no bitcoin account off my own. i want to deposit some money in a somebody else bitcoin account.
Errol. Mehmet's user avatar
-1 votes
1 answer
276 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 ...
Mkhokheli Ncube's user avatar
0 votes
1 answer
47 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. ...
kleinerde's user avatar
  • 103
0 votes
3 answers
139 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 ...
Alten S.'s user avatar
-3 votes
1 answer
68 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 ...
Albiani's user avatar
-3 votes
1 answer
156 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 ...
BRYANT AMES's user avatar
0 votes
1 answer
51 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 ?
Alicja Kruz's user avatar
-1 votes
1 answer
156 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 ...
MikeCheng's user avatar
0 votes
1 answer
109 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 ...
ManjaroDan's user avatar
0 votes
0 answers
32 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 .
Kalust Karaveritoğlu's user avatar
0 votes
2 answers
52 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 ...
SeethaRaam Devulapalli's user avatar
0 votes
2 answers
62 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 ...
SeethaRaam Devulapalli's user avatar
0 votes
1 answer
174 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 ...
J. Roibal - BlockchainEng's user avatar
0 votes
2 answers
182 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 ...
David Dimalanta's user avatar
0 votes
2 answers
81 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 ...
Colin Hatcher's user avatar
0 votes
1 answer
52 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 ...
2313112441312's user avatar
0 votes
1 answer
109 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?
Quantumkiller's user avatar
0 votes
1 answer
109 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 ...
Ethunxxx's user avatar
  • 101
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 ...
Leandro's user avatar
  • 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. ...
S. Mac's user avatar
  • 11
-1 votes
2 answers
128 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?
Graham Dyer's user avatar
0 votes
1 answer
539 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.
Adnan's user avatar
  • 3
1 vote
1 answer
49 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?
Riley Potts's user avatar
3 votes
3 answers
194 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?
Riley Potts's user avatar
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 ...
Greenex's user avatar
  • 121
3 votes
1 answer
112 views

Are there any math contests paid in Bitcoin?

Are there any hard math problems or math contests that have rewards paid in Bitcoin?
201044's user avatar
  • 141
0 votes
0 answers
29 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. ...
scott's user avatar
  • 1
2 votes
0 answers
51 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?
user18211's user avatar
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 ...
user6972's user avatar
  • 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?
JJ EVANS's user avatar
5 votes
2 answers
248 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 ...
Devyn Collier Johnson's user avatar
0 votes
1 answer
523 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 ...
user5556's user avatar
  • 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?
Linda's user avatar
  • 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?
Throsby's user avatar
  • 207
0 votes
3 answers
291 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 ...
Throsby's user avatar
  • 207
-1 votes
1 answer
220 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 ...
james mcclure's user avatar
5 votes
1 answer
256 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 ...
makerofthings7's user avatar
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)...
David's user avatar
  • 41
9 votes
2 answers
814 views

Who earns transaction fee in Ripple?

In Bitcoin, fees are earned by the miners. Who earns the transaction fees in Ripple?
ThePiachu's user avatar
  • 43.1k
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, ...
ThePiachu's user avatar
  • 43.1k
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 ...
ThePiachu's user avatar
  • 43.1k
4 votes
1 answer
545 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?
ThePiachu's user avatar
  • 43.1k
2 votes
4 answers
863 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?...
user2848's user avatar
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 ...
ThePiachu's user avatar
  • 43.1k
3 votes
1 answer
425 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?
ThePiachu's user avatar
  • 43.1k