There are valid reasons to criticize Bitcoin, but price volatility is not one of them. Why does the price of Bitcoin change so much from day to day? The answer is simple: the value of Bitcoin derives almost entirely from speculation on future adoption of Bitcoin rather than practical use. Bitcoin speculators Read more…
Here are the five most common cryptocurrency scams my customers ask my help with: 1: Fake mining contracts: “mining contracts” which offer fantastic payouts, such as doubling your money in 10 hours (see screenshot below). After sending the “mining company” Bitcoin, they either disappear or ask for more money to unlock funds. Read more…
Here is how our Bitcoin wallet recovery process works: The process we follow depends on which of the below scenarios describes your situation: Forgotten password Corrupt wallet Lost wallet Broken computer/phone Payment sent to the wrong currency type Step 1: Understand your situation First, we’ll ask you to describe your Read more…
Here is a quick guide to storing, transporting, and spending your Bitcoin: Keep It Safe There are many ways to lose your Bitcoin, but the most common one is failing to properly backup your recovery seed. Use a wallet which allows you to write down your recovery words on a Read more…
This post discusses the methods for recovering a deleted or corrupt Bitcoin Core Wallet. Many other currencies, such as Bitcoin Cash, Litecoin, Dogecoins and more share Bitcoin Core’s wallet format and can be recovered using the same techniques and tools. I assume that you have the wallet password, or there Read more…
The following links may help you solve problems with popular wallets on your own: Desktop Wallets JAXX: https://decentral.zendesk.com/hc/en-us KeepKey: https://support.keepkey.com/support/solutions Ledger Nano S: https://ledger.zendesk.com/hc/en-us Multibit: https://multibit.org/help/hd0.4/contents.html Trezor: https://trezor.io/support/ Bitcoin Core Official Help Pages: https://bitcoin.org/en/bitcoin-core/help Community Help Pages https://bitcoin.stackexchange.com/ Electrum http://docs.electrum.org/en/latest/faq.html# Electron Cash: https://github.com/fyookball/electrum/issues?utf8=%E2%9C%93&q=is%3Aissue Daedalus Wallet: https://daedaluswallet.io/faq/#support Exchanges Coinbase Support Site https://support.coinbase.com/ Poloniex https://poloniex.com/support/ Online Wallets BitGo: https://bitgo.freshdesk.com/support/home Blockchain.info: https://blockchain.info/tr/support-desk Help Pages: https://support.blockchain.com/hc/en-us BTC Wallet: https://walletsupport.bitcoin.com/ Read more…
Jeffrey Tucker is Director of Content for the Foundation for Economic Education. He is a managing partner of Vellum Capital, the founder of Liberty.me, Distinguished Honorary Member of Mises Brazil, economics adviser to FreeSociety.com, research fellow at the Acton Institute, policy adviser of the Heartland Institute, founder of the CryptoCurrency Conference, member of the editorial board of Read more…
Here is a list of ten suggestions that you can take right now to secure your crypto stash. These measures should be both comprehensive enough to keep you safe without being so complicated that you will be locked out or be tempted to disable security altogether. 1: Store your wallet Read more…
“David Veksler is a real hero in my life. A few years ago I bought a few bitcoin, just for fun. At the time I knew that it was important to keep passwords and private keys protected to avoid loss or theft. I did that part well. But I did Read more…
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