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Writing a book for Bitcoin n00bs, anything in particular you'd like to see mentioned?

Discussion in 'CryptoCurrency' started by kamronk, May 8, 2015.

  1. kamronk

    kamronk Newbie

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    Hey everybody!

    I just joined BHW, and was told in my intro thread that I might be able to help with some crypto related things?

    I'm a software dev who got into a bitcoin almost 2 years ago. I've lost, I've gained, and have worked for companies such as CoinOutlet, and have worked with dozens of dev teams as a dev task bounty hunter. I've been working on a book for newbies entering into the space to help guide them into activities where they can create a gain/profit without having to go through the school of hard knox in this new $3b industry.

    Anything in particular you guys feel like you are lacking an understanding of? I have quite extensive knowledge of everything bitcoin EXCEPT for the granular mathematics involved in the algorithms and such. I've only ever needed to use the JSON-RPC interface of various crypto wallets, and am a business minded programmer so.....but anyways, we're here for money eh? Advanced mathematics can be answered elsewhere I'm guessing

    There's alot of ways to profit in the bitcoin space, anyone already tried anything bitcoin related?
     
  2. darkhacktivist

    darkhacktivist Newbie

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    but first,in this ebook do you explain how to mine bitcoins?
     
  3. kamronk

    kamronk Newbie

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    Yes definitely :) with instructions on how to estimate returns accurately while taking into account the two week diff increases and other factors.
     
  4. Shadexpwn

    Shadexpwn Elite Member

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    New startup services that add something of value to the future of cryptocrurency would be beneficial to the people reading and becoming inspired to venture into a new era of foreign exchange and trading.
     
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  5. DL1MP1K

    DL1MP1K Newbie

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    Everything from 0 i want to know about anything around bitcoin
     
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  6. kamronk

    kamronk Newbie

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    That's exactly the type of situation I'm aiming for :) people who are at ground zero, and want to expedite the learning curve to atleast an agile understanding to where they're comfortable doing some things to possibly turn a profit.

    It is not investment advice directly. But rather a collection of experiences of what works, and how to be safe. An introduction to bitcoin is covered in the first 10 chapters including everything from how to use it, to how to keep your bitcoin (coin) safe.
     
  7. wadehel

    wadehel Newbie

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    you gonna need more coin-experts in this thread. bitcoin is not easy thats why i dont feel interested in it anymore. would love to buy ur ebook if it is published. good luck!
     
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  8. kamronk

    kamronk Newbie

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    Totally understandable. Bitcoin can be really simple if you don't try to understand absolutely everything lol. Imagine the way your bank works (holding, sending and receiving money) but with no bank having to involved. Your bitcoin "wallet" is synonymous to a bitcoin "account".

    Biggest difference though is Bitcoin is cryptographically secured and verifiable, your bank (and its networked partners) simply put up their best efforts towards a digital system such as bitcoin.

    Also, the fiat value is forever changing. It's slowing down as more money moves into the bitcoin economy, but it does change in as little as a couple hours drastically in either direction (up or down).

    hopefully this kinda helps explain it a bit more simply then multiple google searches??

    i can answer specific questions if anyone would like
     
  9. tsubibo

    tsubibo Registered Member

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    Would love to see how to mine bitcoins using your video card. And can you really use raspberry to mine?
     
  10. kamronk

    kamronk Newbie

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    You can mine bitcoin with a graphics card or even a pi, but it wouldnt bring in anything of value. Pi's are best used as controllers for a bunch of ASIC miners (specialized hardware for mining bitcoins).

    Video cards are best for mining altcoins though :)
     
  11. Coinz

    Coinz BANNED BANNED

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    Perfect! I'd like to see the following:

    Bitcoin mining the do's and don't
    Coin Faucet: What is it?
     
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  12. tsubibo

    tsubibo Registered Member

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    Thanks for the clarification. Would definitely read your book.
     
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  13. MrBitcoinMiner

    MrBitcoinMiner Newbie

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    thanx :p:eek::eek::eek::eek::eek:
     
  14. josxjosx

    josxjosx Newbie

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    I think it would be intresting to name some other alternatives to Bitcoin and point pros/cons.
     
  15. kamronk

    kamronk Newbie

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    I have a few chaptera dedicated to trading altcoins, and what factora to look for, but this sounds a bit different than a for profit perspective.

    My favorite altcoins out there that could be a "bitcoin 2.0" would be Syscoin and NXT. Google them if youd like :)

    Syscoin is everything bitcoin is, with address aliases and decentralized marketplace built into the blockchain.

    NXT because of distributed assets and the executable portability of java.
     
  16. BTCnet

    BTCnet Newbie

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    This is a great idea, you should focus on things like:
    - Explain the difficulty of Bitcoin and the reward system, I have known many people that buys out an asic and think that they will earn the same amount though the rest of their life.
    - Explain The advantage of bitcoin over traditional banking
    - A Small list of DOs and DONTs related to bitcoin

    And a small piece about Altcoins would not hurt. Good luck
     
  17. kamronk

    kamronk Newbie

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    Im going to double check my mining chapter and make sure im absolutely clear about the diff increases :) other than that i do cover your list here

    Your encouragement is golden man (person, sry lol), thank you :)