Ebook Bitcoin For Dummies
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Bitcoin For Dummies
Ebook Bitcoin For Dummies
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From the Back Cover
Learn to: Understand the ins and outs of the bitcoin market Set up your bitcoin wallet and get started Protect yourself against fraud and theft The clear, quick, easy-to-follow guide to getting started with bitcoin The bitcoin market is packed with potential, but the nuances of how it works—and the risks involved—can be a bit difficult to grasp. This informative guide breaks it all down so you can start trading crypto currency with confidence. Know where your money is going, manage risks, and bank on bitcoin today! What is bitcoin? — discover the what, why, and how behind bitcoin and start making money in the markets Bank on it — get your hands on a bitcoin wallet, set up an address, understand your private key, and grasp how security works Get down to business — find out how to use bitcoin to buy goods and services, pay bills and employees, and accept digital currency for your store Protect your digital asset — defend bitcoin from hackers, watch out for attacks and double spending, and secure your bitcoin Open the book and find: Exactly how it's used How to securely store your bitcoin What you need to know about encrypting The lowdown on trading and crowdfunding How it's regulated Where it's banned Services that help you with taxes Bitcoin pros and cons Ten great ways to use it
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About the Author
Prypto is known as a brand for "Keeping Crypto Simple" by offering bitcoin scratchcards to resellers. Its client base is those who are new to bitcoin or those who want to try it out. Prypto sponsors all major bitcoin events, releases videos on how bitcoin can help their customers, and specializes in turnkey blockchain solutions.
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Product details
Series: For Dummies
Paperback: 208 pages
Publisher: For Dummies; 1 edition (April 4, 2016)
Language: English
ISBN-10: 1119076137
ISBN-13: 978-1119076131
Product Dimensions:
6.1 x 0.6 x 9.2 inches
Shipping Weight: 9.1 ounces (View shipping rates and policies)
Average Customer Review:
3.9 out of 5 stars
52 customer reviews
Amazon Best Sellers Rank:
#34,657 in Books (See Top 100 in Books)
A few years ago I tried to learn what I could about bitcoins using Google searches. The more I read online about bitcoins at the time the more confusing the subject got for me. It was also around this same time that Apple removed all Bitcoin Wallet apps from their app store. Between the confusing information I was finding online, Apple dropping all Bitcoin Wallet apps (Bitcoin wallet apps have since returned to the app store) and some negative stores about bitcoin in the news at the time I decided Bitcoin was not something I wanted to put anymore time into let alone my hard earned cash.Fast forward a few years and I decide to do some more research on bitcoins. Being a big Amazon Prime fan now and a big fan of the “for Dummies†books I go to Amazon to see what I can find. Much to my surprise I find the book “Bitcoin For Dummies 1st Edition†and it was just recently published! I download the free sample and minutes later I purchase the kindle version of the book.What a eye opener Bitcoin For Dummies has been for me. If you are like me and feel that you don’t really have a good understanding about how bitcoins work or even what they are then I highly recommend you read this book from cover to cover. The book does a excellent job of touching on all things bitcoin. I thought at first this book maybe just one sided and only put a positive spin on bitcoins, but it does not. The book talks about the good and the bad. It talks about bitcoins history along with how things have changed and how to currently protect your bitcoins.After reading this book from cover to cover I feel that I have a really good and solid understand of just what bitcoins are and how they work. Well reading the book I opened up a couple Bitcoin Wallet accounts (CoinBase & blockchain) along with ordering a KeepKey hard wallet. Along with my new found knowledge of bitcoins I have had the confidence to purchase my first bitcoins!This book has cleared up so many misconception I had about bitcoins and I can’t say enough good things about it, highly recommend!I will now leave you with a quote from the book and something for you to think about..."No one is saying you need to put your full trust in bitcoin from the start, as there is a lot of information to sift through. But if you are willing to keep an open mind to what bitcoin stands for and the point it is trying to get across, you can make a weighted decision on whether or not to put your trust in digital currencies."
A bit disappointed. Instead of giving the information, it put in many internet links to wikipedia if you want more in depth info. When I buy a book, I want to see the information in the book not references to the internet. No information on how hardware wallets work. The kindle version is missing most of the graphics. Not written with the light humor that the "dummies" books are written in that make the dummies book more engaging and easy to read. The information is solid but some sections repeat themselves in the book like the sections on the 51 percent vulnerability. The book goes very light on some topics and deep into some like coding and mining that "dummies" don't care about. I would have liked to see more advice on how to manage wallets. More practical knowledge for end users.
You expect this book will teach you to mine bitcoin ,its about 3 hours of reading this short booklet for it to only tell you not to even try to mine bitcoin. The advisement in this book is not even half as detailed as info found on Bitcoin official website, with most of the book simply saying to buy on coin base, or join cloud mining services, a disappointing book.
I have just started my journey to learn just what this new currency is. Is it fake? Is it real? Will it change the world or will it quickly fade away? I learned all I wanted to know and so much more. After reading this I navigated my way through uncertainty and set up an account, created a wallet and purchased my first Bitcoin Etherum and Litecoin. This can be frustrating and it does not happen as fast as the pundits say. It takes awhile to get approved, set up a bank account and do all the new procedures. Without Bitcoin for Dummies I would have failed. I highly recommend this book.
I thought that this book would have at least SOME of the how-to knowledge that I was looking for: how to mine, joining a pool, understanding hardware, calculating break-even, how to trade for cash, etc. Honestly, this didn't teach anything more than I could have gotten on a random CNBC article. The rest of the book could pretty much be titled "neat philosophical and historical minutae about bitcoin."
If Bitcoin is the answer can someone please tell me the question? You certainly aren't going to get that sort of clarity from this book. Right out of the chute the book does a horrible job on defining Bitcoin and distinguishing it from more traditional methods of payment. Frankly, after reading part 1 (Bitcoin Basics) I couldn't tell you the definition of Bitcoin. The only other potentially interesting part of the book is the chapters about blockchain but the book fails here, too.
This book has 14 chapters; only the first 2 were worth reading. If you have ANY kind a technical background and you were hoping for some insightful guidance, forget about it. I have had good experiences with Windows and macOS For Dummies books, but this book BY NO MEANS meets those standards. This book simultaneously promotes conflicting and ambiguous points of view -- it's crystal clear that this author hasn't the vaguest idea of what bitcoin is about other than being an avid fanboy for a few years. The most helpful part of the book are the web addresses, which anyone could "mine" [pun intended] themselves in just 30 minutes on the web. Honestly, I could only get through the first 7 chapters, by which time I found myself shaking my head at this poor confused author. I now fully understand why he used the pseudonym Prypto -- if I had written what isn't much more than a Sunday newspaper capsule of the subject, I wouldn't want any peer-to-peer [pun intended] blowback heading my way. I would strongly advise looking at other sources, including Narayanan's excellent book.
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