key2

careful now, that's your life savings we're talking about here.

to add to the answers already here - very minuscule transfer fees between users. also it's an investment - many people believe the value in the short term will rise for a while until it reaches some kind of equilibrium. Many hope that that equilibrium will be higher than the current value

When you buy btc, do you negotiate with sellers? Is there an etiquette to doing so? I was looking for some earlier - I have yet to make an actual purchase. I found sellers that were selling about USD 10 above market rate. Is that normal?

Also - how much would you say is safe to hold in an online wallet (assuming necessary precautions were taken like 2-type authentication)? Are we talking 2btc, 10btc or even more?

tipping the bot goes to the creator of the bot. I'm sure he'd appreciate it.

ok thanks.

yea I read so much about people really going the extra mile for security. I considered a paper wallet but it honestly seems safer than what people tend to let on about. I opened a blockchain wallet and it's at least as secure as my actual bank account with all the levels of passwords and authentication involved.