My bitcoin wallet doesn't
actually hold my bitcoin.
Bitcoin wallets don't
actually hold your bitcoin; instead, they store the private key that is needed to access your bitcoin address.
Rather than
actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key).
My bitcoin wallet doesn't
actually hold my bitcoin.
Bitcoin wallets don't
actually hold your bitcoin; instead, they store the private key that is needed to access your bitcoin address.
It's ironic that Valve is complaining about Bitcoin's high volatility; had
they actually held the Bitcoins they received instead of immediately selling them, they would be sitting on an absolute fortune.
Not exact matches
Unlike other forms of payment, pledges made in
Bitcoin are immediately dumped into Pozible's
holding account, though they aren't
actually converted until the project reaches its goal.
But whether
Bitcoin can
actually replace gold (let alone traditional government - backed currency) has been a matter of fervent debate — quite literally, as evidenced by an event last week entitled «Gold Versus
Bitcoin,»
held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling
Bitcoin investment advice under the moniker «crypto - genius.»
Let's assume that the government won't just
hold on to the
bitcoins and
actually spend them quickly.
Traders who buy or sell
bitcoin futures don't have to worry about
actually holding the cryptocurrency itself.
A
bitcoin future will allow investors to bet on the future price of
bitcoin without having to
actually hold the coin itself.
-- If prices are rising will people
actually want to pay with
Bitcoin, rather than just keeping
hold of it?
That's just the nature of the game;) Anyway, it looks like that green support line below has
actually held up pretty well for
bitcoin.
While consumers who use Abra's flagship payment app can
hold balances in local fiat currencies (it's
actually bitcoin, hedged with smart contracts), transfers between wallets ride on
bitcoin's rails, which know no borders.
In a nation where democracy is touted because people can be told what to think and who to vote for,
Bitcoin represents a little hope that people
actually want a saner world, and that we can have it in spite of the insecure children who currently
hold the power.
Or a «bullish» trader who thinks the price of
bitcoin will increase can «go long» on it and profit from
bitcoin going up, without
actually holding any.
Savvy
Bitcoin users could quadruple the usefulness of their
Bitcoin overnight, while merchants and exchanges are left
holding the bag for BTC that doesn't
actually exist.
While there's a widely
held belief among the general population that
bitcoin and all other cryptocurrencies are completely anonymous, this isn't
actually the case.
Local trader and
bitcoin entrepreneur «Aaron» said he hoped for a meaningful solution, but had personal doubts Mt. Gox could
actually deliver all the
bitcoins its users supposedly
held in their wallets.
It's
actually a
bitcoin exchange platform that lets you
hold your
Bitcoins.
Basically, you can get exposure to
Bitcoin without
actually holding the currency in your crypto wallet.
Warne also points out that Bittylicious doesn't
actually hold customer funds, so it is not in the legally complicated area that
bitcoin exchanges are.
In the world of economics, many things are not what they appear to be, which is ironic, given the fact that
Bitcoin is a «virtual currency» no one has ever
actually «
held» before.
For example, those backing the petition assert that the CFTC's ruling suggest Bitfinex ran into trouble by
holding the private keys associated with
bitcoins loaned to traders, an action the CFTC interpreted as meaning the
bitcoins in question were never
actually delivered.
«A rep for BitInfoCharts, who wished to remain anonymous because of security concerns, told MONEY in an email that, given
Bitcoin's current overall market capitalization and that most people
hold Bitcoin at multiple addresses, there may
actually be as many as 200
Bitcoin billionaires, and possibly no fewer than 35,» the report said.
Though don't
hold your breath: this year Steam and Microsoft
actually ceased accepting
Bitcoin.