Wow, this has nothing to do with the subject but how small is the world, I say because in the cover image of this video you used the same logo of a Chilean store called EASY (Cencosud), I know why I have one of those stores in front of my house, and it was a real surprise to see that logo in one of your videos, since I follow you for many years when you taught how to use the Peercoin client. A hug!
Hi Chronos--I have a question for you.. First let me explain to what happened.. I deposited my ETH from Coinbase to Bitshares Exchange.. My plan was to buy BTS but changed my mind.. Now when I tried to transfer back my ETH to my Coinbase it doesn't allow me to do it.. It has a message that said " failed to broadcast and not enough fund or something like that".. I should have enough because all I am doing was transferring back my available ETH.. What am I doing wrong? Any suggestion? Your help is appreciated..thanks Chronos
Hm. Did you end up with OPEN.ETH? If so, that's an OpenLedger token on the Bitshares blockchain, not actual ETH. You would need to follow their steps to redeem those tokens for "real" ETH on the Ethereum blockchain. If you're already doing that, and you're getting an error, next step could be to contact OpenLedger support. Good luck!
Hey guys/Chronos! I am newbie to BTS anyways I’ve been holding BTS for over a month now and when I first bought my BTS my balance was 1400 shares but now it is showing 2200.. Can someone fill me in why my shares had increased.. tia
Sounds like you don't own BTS -- you own some other token on that blockchain. The 2200 is the estimated BTS value of whatever you're holding. Take a close look and you might see what it is. :) Hope this helps!
Hello Chronos... ...very engaged in creating a host of crypto assets and am considering doing this on the Bitshares platform. Question: Where are you located and would you have an interest in exploring a relationship with a group of highly motivated people? Please reply via text - 931.551.1786 Jim
I haven't found a company that offers this direct purchase. However, one option is to use a credit card to purchase another crypto, such as BTC or LTC, at an exchange like https://coinbase.com. From there, you can exchange those coins for BTS at any exchange that offers BTS trading. Good luck!
Ok...JUST getting into all this so be patient. I have opened a Bitshares account. Now I want to fund it. I only want to buy Bitshares [this is akin to buying stock in a company? Right?]. Now, if I understand correctly, the only way I can do this is to use say US Dollars to buy bitcoin. Then, I transfer the bitcoin into the bitshares account. Am I close?
I have gone to bitshares.org and downloaded their exchange app. Deposited BTC and LTC. Automatically I got around 5000 shares of BTS. Then as the BTS price goes up, my account has less BTS. Today I have in my account just around 3000 BTS. Under open.BTC I have 1300 BTC, under open.LTC I have 1700, TOTAL(BTS), I have around 3000. Wonder why? Thanks.
That makes a lot of sense. I have reached out and no one else has commented. Thank you very much for that. Now I can't get back in as keep saying my password is not correct. I am pretty sure that is correct as I wrote it down. If you have any insight, pls let me know. I can see my account but can't get in. Thanks again.
I think I understand what's going on here: you don't own BTS yet. You still have the OPEN.BTC and and OPEN.LTC tokens, and the BTS entry on your screen is their approximate value in BTS terms. Since BTS was going up in value these past days, the BTC and LTC are showing that they are worth fewer of them.
To purchase the BTS, you'll use the decentralized Bitshares exchange to trade between OPEN.BTC and BTS. Does that make sense?
Hello Chronos, thanks for putting together these informative clips. Question, I converted my BTS into Ether and tried to withdraw it back to a coinbase acct. now it is stuck in something called "openledger-dex". Any suggestions how to get it out? Thanks for the help. NoDrive55
Why I can use my visa or master card in dosens of internet shops? I can buy ETC, BTC and Lightcoin on coinbase with paypal. Why with this new blockchain technology they canot implement simple tech that exist and working. I think this is something more to it, they are making money on all this exchange sites. You have to buy and move your crypto and pay fees evrywhere... Am I wrong?
Hey Chronos, Ive just come across your video, looking for a solution to a situation Ive found myself in, I deposited bitcoin into a bitshares wallet, but cannot convert the assett into bitshares, or even withdraw it and try again?? Do you think you could help please?
Hey Thanks for the reply Chronos, think Ive resolved it now, I managed to restore the wallet from the back up file, despite not being able to log into my account from the dashboard using just my password, its all a learning curve to me, guess its the best way to learn, trying to figure it out..........thanks again, great videos by the way! keep em coming :)
Did you deposit OPEN.BTC into your wallet? That's a user-issued asset from a company called OpenLedger, so you'd have to contact their support if you have questions about it. That asset can be traded into BTS on the exchange here: https://bitshares.openledger.info/market/OPEN.BTC_BTS. Good luck!
That's a hard question. I haven't bought BTC with credit card before, so I don't have a clear answer. Here's what I'd say:
If you don't actually have the money, but you want to use your credit card to buy bitcoins with debt, then I recommend: don't. It's not smart to gamble with borrowed money.
If you have the money, I recommend a different method of payment. You'll save money. Have you heard of LocalBitcoins, which shows local sellers in your area? Check out https://localbitcoins.com.
Went to bitshares.openledger and was able to login with my bitshares login info. I see some Etherium from previous and the Bitcoin I just tried to send. How do I get them from openledger and purchase Bitshares. Transfer and Deposits aren't making sense. Openledger deposit gives an address but seems like that is going the wrong way. Don't I want to send from openledger TO the bitshares account? Also noticed it says [at the top of the page] that I have a balance of 86 Bitshares [that would be the total of both items]
I did this too. Xfrd BTC from GDAX to Bitshares address given when I selected 'Deposit' in my Bitshares account. BTC gone from my GDAX account but I can't find them anywhere on Bitshares. Trying your link from your 6mth reply. I don't have an account with openledger. Is my $50 in BTC gone?
Chronos, I enjoy your videos. Here is the thing that drives me a little nuts about this crypto currency. I used your affiliate link and opened a Bitshare account. I have never purchased any type of crypto before and hold no BC. I simply want to purchase $1000.00 US worth of BTS as an investment with a visa card, cash, wire transfer, US currency.. money. But it seems a seriously daunting task. How can I just buy it. Must I buy BC from someplace else and then send it to Bitshare in order to purchase/convert BTS? I swear to you I am not an idiot.. I just don't get it. What am I missing here? Anyone? Fastest, easiest way to purchase $1000 worth of BTS without a ton of BS?
Coinbase. If your cards/bank account aren't working and it gives you a 24 hour bug go to Accounts, click BTC Vault and follow the two steps of verification. I have not personally bought any btc yet but I will likely be investing a fuckload into BitShares as well as other projects of Dan Larimer like EOS, Steem etc. You're going to need to figure out how to transfer the bitcoin from Coinbase to an exchange website like bittrex, where you will then be able to purchase alt coins like BitShares. I highly recommend really figuring out how to keep your coins highly secure before you get involved in buying anything though. Or if you do buy it, but it and then immediately figure out how to keep it all very secure. Good luck :)
Several different companies service deposits/withdrawals on the Bitshares blockchain, so this depends on what company you're using. You might want to post about this issue in the forums at https://bitsharestalk.org. Good luck!
Excellent! Thanks. Could you also do a basic video on how to buy and sell on the Bitshares exchange? That would be very helpful. I've been trading there but really don't know what I'm doing, and trying to learn it this way - trial and error - I just give up in frustration. I'm sure many others would benefit from a "Bitshares trading 101." Thank you for considering this.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.