I’ve seen people lose their Bitcoin in every way imaginable, and I want to help you avoid the most common mistakes. Are you thinking long-term? Will your storage medium last 10 years? Will your family be able to access it Read more…
Multibit was one of the better Bitcoin wallets between 2011-2016. However, in 2019, both Multibit Classic and Multibit HD have been abandoned by its owner Keepkey and are no longer supported. If you still have Bitcoin in your Multibit wallet and Read more…
Rejected transactions are disappointing, but it’s better than the alternative: having your transactions in limbo for weeks, or thinking that your transaction was accepted when it was not. A “the transaction was rejected because it is too large (in bytes).” error Read more…
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 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 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: 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 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. 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 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 Read more…