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Book Cover
E-book
Author Prypto, author

Title Bitcoin for dummies / by Prypto
Published Hoboken, NJ : John Wiley & Sons, Inc., ©2016

Copies

Description 1 online resource
Series For dummies
--For dummies.
Contents Title Page -- Table of Contents -- Introduction -- About This Book -- Foolish Assumptions -- Icons Used in This Book -- Beyond the Book -- Where to Go from Here -- Part I: Bitcoin Basics -- Chapter 1: Introducing Bitcoin -- The Origin of Bitcoin -- Getting Technical -- Bitcoin as Currency -- Figuring Out How Bitcoin Works -- Using Bitcoin Anonymously -- Trusting the Idea of Bitcoin -- Chapter 2: Buying and Storing Bitcoins -- Getting Started: How to Obtain Bitcoins -- Storing Your Bitcoins: Being Safe While Using Exchanges -- Encrypting Your Bitcoins -- Buying Bitcoins in Person
Hot Wallets and Cold Storage -- Chapter 3: Bitcoin Pros and Cons -- Adding Up the Pros of Bitcoin -- Subtracting the Cons of Bitcoin -- Chapter 4: Making Money with Bitcoin -- Mining Bitcoins -- Trading Bitcoins -- Crowdfunding with Bitcoin -- Holding Bitcoins for the Future -- Earning Bitcoin -- Part II: Banking with Bitcoin -- Chapter 5: Your Bitcoin Wallet -- Unlocking Public and Private Keys -- Getting Your Hands on a Bitcoin Wallet -- Setting up a Bitcoin Address -- Grasping Your Wallet Securely -- Chapter 6: Bitcoin Transactions -- Figuring Out How Transactions Work
Receiving Confirmations -- Calculating Bitcoin Fees -- Looking at Transaction Speed -- Understanding Mining Fees -- Dealing with Multi-signature Transactions -- Chapter 7: The Blockchain -- Recording Transactions -- Understanding Blockchain Analysis -- Seeing Beyond "Just Transactions" -- Working with Blockchain Applications -- Moving Ahead to Bitcoin 2.0 -- Part III: Using Bitcoin in Business -- Chapter 8: Using Bitcoin in Commerce -- Selling Your Goods for Bitcoin -- Looking at Bitcoin Payment Solutions -- Accepting Bitcoin Payments for Your Store
Chapter 9: Staying on the Right Side of Legal -- Understanding Bitcoin and Taxation -- Bitcoin Regulation Around the World -- Chapter 10: Bitcoin Security -- The Bitcoin Network: An Overview of How It Works -- Defending Bitcoin from Hackers -- Watching Out for a 51 Percent Attack -- Double-Spending -- Chapter 11: Mining for Bitcoins -- Heading Down the Mine -- Understanding How Bitcoin Mining Works -- Cloud Mining -- Securing Bitcoin with Mining -- Starting Your Own Mine -- Part IV: The Part of Tens -- Chapter 12: Ten Great Ways to Use Bitcoin -- Use Bitcoin as an Investment Vehicle
Use Bitcoin As An Educational Tool -- Go and Spend Bitcoin for Everyday Needs -- Indulge in Luxury Expenses with Bitcoin -- Support Charities with Bitcoin -- Gamble Online -- Invest in Precious Metals: The Gold Standard Reinvented -- Give It Away! The Joy of Gifting Bitcoin -- Pay Bills -- Use Bitcoin as a Social Experiment -- Chapter 13: Ten (or So) Other Crypto-Currencies -- Litecoin: The Silver to Bitcoin's Gold -- Dogecoin: Such Wow, Much Fun, Very Coin -- Dash: Formerly Known as Darkcoin -- Ripple: A Different Type of Crypto-Currency with Potential -- Peercoin: Introducing Proof-of-Stake
Summary Learn the ins and outs of Bitcoin so you can get started today Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively. Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now.-Understand the ins and outs of the Bitcoin market -Learn how to set up your Bitcoin wallet -Protect yourself against fraud and theft -Get started trading this exciting new currency The Bitcoin market is huge, growing quickly, and packed with potential. There's also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin
Notes Includes index
Online resource; title from PDF title page (EBSCO, viewed March 30, 2016)
Subject Bitcoin.
Electronic funds transfers.
Bitcoin.
BUSINESS & ECONOMICS -- Finance.
Bitcoin
Electronic funds transfers
Form Electronic book
ISBN 1119076145
9781119076148
9781119076414
1119076412
1119076137
9781119076131