BitShares Noob Notes
I'm getting tons of inquiries from last night on Coast to Coast AM wanting to know more. Many of these folks have never even heard of Bitcoin!
So, I've been compiling a letter to send back to then. What did I leave out?
Stan
DISCLAIMER: Author is NOT a United States Securities Dealer or Broker or U.S. Investment Adviser. Sender is a consultant and makes no warranties or representations as to the buyer, seller or transaction. All due diligence is the responsibility of the reader. This post and the referenced related documents are never to be considered a solicitation for any purpose in any form or content. Upon viewing of this document, the Recipient hereby acknowledges this disclaimer. These documents are not from any banking or other Institution. We do not provide securities or securities-related advice. No information herein shall be construed as a solicitation of investment funds or a securities offering in any way.
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Thanks for asking about BitShares.
There’s a lot to learn.
The short answer to how to get started is to visit BillionHeroCampaign.com where we are currently building a game-based course on how to dip your toe in the water gently. You can sign up there for our mailing list and watch as we develop the game and training week by week.
Shall We Play a Game?
https://steemit.com/bitshares/@stan/shall-we-play-a-game
There are also several indirect ways to get started. Here are a few:
- Sign up on steemit.com, earn some steem by doing some posts, then use blocktrades to turn steem into bts and send to your light wallet.
- Visit billionherocampaign.com, get a few freeros (play money) just for signing up, and experiment with that.
- Play the game and learn about ways to earn cash playing third party games that will be giving away millions.
Be sure to study this closely:
Rough Guide to Wallet Management
wallet.bitshares.org
- choose the cloud wallet since you are new
- make sure to backup your password in several places
- and log in and out to be sure your password works
- its also always advisable to send small test amounts first
To be fully informed, you’ve got to do a little digging on your own and teach yourself.
Here are some links you might find useful.
When the Levee Breaks
https://steemit.com/bitshares/@stan/when-the-levee-breaks
BitShares Foundation Links
https://steemit.com/bitshares/@tsugimoto/bitshares-foundation-and-communication-links
ROADMAP
This is what you need to learn to do. The materials below will give you the details.
- Download a Bitcoin wallet and create a Bitcoin receiving address.
- Download a BitShares wallet and create a BitShares account and name it.
- Buy bitcoins from somewhere and send them to your bitcoin wallet’s receiving address.
- Use your bitcoins to buy BitShares and send them to your BitShares wallet account name
- Keep track of your passwords - no one can reset them for you and you will lose your money if you lose them!
A very useful exchange in London is Bitstamp.net. You'll need to register your ID to get an account there but then you can wire money to/from your account and use it to trade Bitcoin and a few other coins. Send you bitcoins back to your bitcoin wallet or directly through blocktrades.us converting to BitShares and depositing them in your BitShares wallet account.
A very simple specific way doesn't even need you to have a bitcoin wallet:
- Go to Coinbase and buy some Bitcoin (BTC)
- Go to BitShares.org and create a BitShares Wallet
- Send Bitcoin from Coinbase to Blocktrades.us to get BitShares (BTS) sent to your BitShares Wallet.
This last step is built into the BitShares wallet. Just pick the BlockTrades transfer service (or any others) from the drop-down menu below and fill in the form to move your BTC from coinbase while converting them to BTS in one swell foop!
See? Easy! The rest is merely an exercise for the student...
START WITH A FEW INTERVIEWS
What is Cryptocurrency? - High Quality Interviews
https://steemit.com/bitshares/@stan/what-is-cryptocurrency-part-1
https://steemit.com/bitshares/@stan/what-is-cryptocurrency-part-2
WHAT IS BITSHARES?
Heidi Travels on BitShares
https://www.youtube.com/playlist?list=PLjYaTQHG5RdqxvE8gm8NwEWLOzf4pgdQ0
Heidi Travels on Open Ledger
“What is BitShares?"
https://coincentral.com/what-is-bitshares/
https://steemit.com/bitshares/@richcg/what-is-bitshares
Step by Step Guide to BitShares and Smartcoins for Absolute Beginners
https://steemit.com/bitshares/@testlump/coffee-on-the-blockchain-a-step-by-step-guide-to-bitshares-and-smartcoins-for-absolute-beginners
Tony Peacock’s Training Videos
https://www.youtube.com/channel/UCASo8I7HjXn6ypM2vkF7xqg/videos
Chronos Crypto BitShares Training Videos
BitShares TV Channel
https://www.youtube.com/channel/UChtICzF0ZEhhgoMA8YWhULw
How to Buy BitShares
https://steemit.com/bitshares/@tonypeacock/how-to-buy-bitshares-explained
https://steemit.com/bitshares/@ash/bitshares-how-to-buy-bitshares-on-binance
Rough Guide to Trading on BitShares?
https://steemit.com/bitshares/@apasia.tech/rough-guide-to-trading-on-bitshares-dex-for-beginners-nov-2017-latest-gui-release-v2-0-171121
What are Market Pegged Assets (Smartcoins)?
http://bytemaster.github.io/article/2014/12/18/What-are-BitShares-Market-Pegged-Assets/
SET UP YOUR WALLETS
Be sure to study this closely:
Rough Guide to Wallet Management
User Guide - Light Wallet vs. Web Wallet
https://steemit.com/bitshares/@tsugimoto/user-guide-light-wallet-or-web-wallet
Bitcoin Wallet Guide Article
https://www.buybitcoinworldwide.com/wallets/
BitShares Desktop Wallet Guide
http://coinwalletguide.com/bitshares-desktop-wallet/
BitShares Wallet
https://wallet.bitshares.org/#/
Light Wallet or Web Wallet?
https://steemit.com/bitshares/@tsugimoto/user-guide-light-wallet-or-web-wallet
Bitcoin Wallet
I use the original “bitcoin core”, but there are many to choose from
https://bitcoin.org/en/download
Carbon Wallet
EXCHANGES
https://www.openledger.info
https://www.blocktrades.us
https://www.gdex.io
https://www.bitstamp.net
https://poloniex.com
Bigger List: https://bitshares.org/deposit/
INTERVIEWS AND SPEECHES
Learn About Everything Dan and Stan Have Said
Now is the time to get involved in cryptocurrency - Dan Larimer
Stan Larimer’s Blog - hundreds of articles on what’s going on
https://steemit.com/@stan
Bytemaster’s Blog - Oldies but Goodies from Dan Larimer
http://bytemaster.github.io/all/
Daniel Larimer Bitcoin and Beyond Keynote Las Vegas Speech 2014
Dan Larimer’s Latest Project - EOS
https://www.cryptocoin.news/news/ethereum/dan-larimer-creator-of-the-fastest-blockchains-now-targeting-sub-second-latency-in-eos-2577/
Connie-Willis at BlueRockTalk.com - TONS of Interviews with Stan
https://steemit.com/@bluerocktalk
Giselle Koy - High Quality Production Interview of Stan
https://steemit.com/bitshares/@gisellekoy/introducing-giselle-koy-to-steemit
JD Hayworth - Newsmax TV
https://steemit.com/bitcoin/@stan/stan-larimer-interviewed-live-by-jd-hayworth
The Video
By far the best resource for new people is our “TED Talk” in front of a live studio audience in Hollywood.
Everyone loves it for some reason. There is no better way to know all about us in one sitting.
STAN'S GREATEST HITS
Global Independence Day
https://steemit.com/bitshares/@stan/origin-of-bitshares-part-18-global-independence-day
Shall We Play a Game?
https://steemit.com/bitshares/@stan/shall-we-play-a-game
Explaining the Billion Hero Campaign for Dummies
https://steemit.com/bitshares/@stan/explaining-the-billion-hero-campaign-for-dummies
The Billion Hero Campaign
https://steemit.com/hero/@stan/the-billion-hero-challenge
Big Heroic Audacious Projects (BHAPs)
https://steemit.com/bitshares/@stan/big-heroic-audacious-goals-bhags
The Million-to-Billion Club
https://steemit.com/hero/@stan/the-million-to-billion-club
The Marketing Campaign Behind the Billion Hero Campaign
https://steemit.com/bitshares/@stan/the-pr-campaign-behind-the-billion-hero-challenge
Gameifying the Billion Hero Campaign
https://steemit.com/hero/@stan/gameifying-the-billion-hero-challenge
The Hero from BitShares Island
https://steemit.com/bitshares/@stan/the-hero-from-bitshares-island-5
The Fourth Guy Fawkes Day in BitShares History
https://steemit.com/bitshares/@stan/the-fourth-guy-fawkes-day-in-bitshares-steemit-history
Engineering Trust with Charles Hoskinson
https://steemit.com/bitshares/@stan/engineering-trust-with-charles-hoskinson
Using BitShares to Underwrite Risky Asset Backed Currencies
https://steemit.com/bitshares/@stan/using-bitshares-to-underwrite-risky-asset-backed-currencies
WHY BITSHARES?
Adsactly's Series
https://steemit.com/adsactly/@adsactly/adsactly-on-adsactly-part-16
Why BitSpark Switched from Bitcoin to BitShares
One Bank to Rule them All
https://steemit.com/bitshares/@stan/one-bank-to-rule-them-all
The Great Bitcoin Train Wreck of 2018
https://steemit.com/bitcoin/@stan/the-great-bitcoin-train-wreck-of-2018
When the Levee Breaks
https://steemit.com/bitshares/@stan/when-the-levee-breaks
Who Leads the “Bitcoin” Industry?
https://steemit.com/bitshares/@stan/who-leads-the-bitcoin-industry
OTHER DOCUMENTATION
BitShares Wiki
http://docs.bitshares.eu/bitshares/index.html
One Big Infographic
https://www.bitshares.community/bitshares-1/infographics/
Decentralized Exchange Comparisions
How to withdraw BTS from Bittrex
https://steemit.com/bitshares/@ash/bitshares-how-to-withdraw-bts-from-bittrex-to-your-bitshares-wallet
Fav’s ways to buy and sell BTS from within
https://steemit.com/bitshares/@ash/ways-to-buy-and-sell-bitshares-from-within-the-blockchain
linksfrom.us/btstraining
http://linksfrom.us/bitsharesinterviews
http://linksfrom.us/bitsharestechnology
Crypto Learning Academy
https://www.youtube.com/channel/UCu_rf_p7Frr20T6RHjUvm6A/videos
TALK TO REAL PEOPLE
This is where all the experts hang out.
https://web.telegram.org/#/im?p=@BitSharesDEX
They love to help people.
► BitShares on Telegram: http://smarturl.it/btsdiscord
► BitSharestalk Forum: https://bitsharestalk.org/
openledger is a 3rd party company offering services on BitShares Blockchain.
Contact them for support requests: support@openledger.info
Cheers!
Stan Larimer, President
Cryptonomex
The Godfather of BitShares
About the Author -- Stan Larimer
Follow Me On Steemit - The Social Media Platform That Pays
Please Connect To Me On Linkedin!
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This post is a HUGE wealth for the "Noobies", this is GREAT! Thanks for sharing it and, BTW, congratulations on a fantastic 2 hour session earlier, that is already causing ripples... Upvoted, resteemed and shared!
All for one and one for all! Namaste :)
Shared on the Twitter!
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https://twitter.com/BarryDutton/status/934635666599800832
For many of us the whole crypto world ia a massive learning curve, even if we have heard of bitcoin.
Thanks for posting the steps. VERY helpful for others to follow.
I'm part way along the learning curve.
I set up the wallet, but I don't want to sign with an exchange (privacy reasons ATM). But I would like to test my wallet.
I think I have it sorted and the "receive tab in "Electrum" shows
1ka2AF4qKdsp2FuZQmCNNoyejojGsEJGu
Is this what I need to give to other people, so they can send me coins?
How do I test it?
That is the address people would use to send you some bitcoin, yes.
You can check if they have sent it to you at blockchain.info
https://blockchain.info/address/1ka2AF4qKdsp2FuZQmCNNoyejojGsEJGu
Bitshares.org is the decentralized exchange, an exchange which does not ask for documentation for sign up. ;)
Thank you I will have a look.
Yes, that would be a BTC address for your wallet. Alt coins each require their own wallet and they have their own special addresses like Bitcoin.
Thank you for your help.
No need to test, it's been tested for years now. ;) Go to a coffee shop, ask if anyone would be willing to sell you $5 in btc for cash. Set a low fee and wait a day for it to show up. ;) Bitcoin is really bad for transferring low amounts of value these days.
Ok I just wanted to be sure I have everything set up OK.
Thanks
I Would Invest In a Decent Anti-Virus/Malware Program
before investing in BitCoin. It's easier to steal bitcoin from an unprotected computer than dollars from your wallet.
Thank you for that wonderful interview with Connie. I had no idea bitshares existed until i heard that C2C Broadcast. Now i am all in!
OMG!
I have never seen so much info in ONE POST!
WoW thanks!
Holy cow!!
This is awesome Mr. L!!!
It is like a BTS and crypto 101 bible, dare I say, as a believer LOL.
I am going to leave this up to read tomorrow, it is super late for me!
Amazing work and traction you have been getting online lately, I sent some of your latest stuff I posted on, to Bob the Statist and he was even impressed, that really spoke to me.
I may have mentioned that in a reply to you 2 weeks ago LOL.
Say hi to Dan for me!!!
there has to be a way to get like 0.5 BTS for free, so people could actually send bitcoin to bitshares and trade for BTS on the dex. that would make a much better impact in my opinion.
maybe add some of those video paywalls or something, where the user has to watch 2-3 videos and then gets enough BTS to cover the trading fee BTC > BTS on the dex?
earncrypto is working with http://engageme.tv/ for example. that could be used
Good ideas.
What if each new wallet came with 1 BTS included.
can be exploited
This is awesome. Mass adoption is only a matter of time. Crypto is going to explode in 2018. Check out the CanYa.io launch. It's an Australian start-up that is going to go viral. They are doing everything right, including rewarding hodlers, with a hodlers' club...
excelent show ,sir
Thanks for the great post, Stan. Very interesting information that I'm sure everyone will enjoy reading. I remain skeptical about many ICO crypto currencies, but you certainly have my attention on bitshares as something we should all study in more detail.
Hey Brother, I had a question for you, but it is more of a private matter. Are you on steemit.chat or discord perhaps?
https://web.telegram.org/#/im?p=@BitSharesDEX
https://web.telegram.org/#/im?p=@stan