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I got on temporary (1 day, if I understand correctly) questions ban. I guess this is due to this question mainly

Are there multiple Bitcoin markets?

since it's the only one with a negative vote balance. I'd like to continue asking questions about them, but this site doesn't take it too well to questions about Bitcoins. So I'm trying to see if I can ask questions which are better received, or if I'll have to ask my questions somewhere else.

  1. Concerning specifically question Are there multiple Bitcoin markets? would it help if I deleted it? I'm not convinced that modifying it will attract upvotes (sometimes people downvote just because one changed the accepted answer), but if modifying is better than deleting, how could I modify it in order to improve it? I need suggestions which are specific to this question, not generic ones such as "make it fit better the Q&A paradigm of the StackExchange network".

  2. I would like to ask another question on Bitcoins, i.e.

"What's the difference between a Bitcoin Wallet and a Bitcoin Exchange"

I want to invest a small amount of money in Bitcoin. Reading this, I discovered that one should create a Bitcoin Wallet before buying Bitcoins on a Bitcoin Exchange such as Coinbase or Kraken. I don't understand why I should do that, isn't enough to download the Coinbase app, for example? Also, the link says that

While exchanges offer wallet capabilities to users, it’s not their primary business. Since wallets need to be kept safe and secure, exchanges do not encourage storing of Bitcoins for higher amounts or long periods of time. Hence, it is best to transfer your Bitcoins to a secure wallet.

What's the reason for that? It seems very weird to me. If I buy stock options, no one would object to me keeping them invested for years. Then why can't I leave my investment on a Bitcoin Exchange for a long period? Do I risk that the Exchange goes bankrupt or something like that?

Would this be an acceptable question for this site? If not, why?

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    Are you aware that there is a separate site devoted to questions about Bitcoin? bitcoin.stackexchange.com
    – Ben Miller
    Apr 22, 2018 at 16:55
  • @BenMiller yes I know, but investement advice is off-topic on that site. That's why I never post there: I don't have questions about the technology behind Bitcoins. I have a pretty good understanding of what a distributed ledger is - probably better than that of the average investor in Bitcoin. I definitely (not probably) have a worse understanding of trading and investing in general, than that of the average investor in Bitcoin :-)
    – DeltaIV
    Apr 23, 2018 at 9:52
  • anyway, at this point you people have pretty much scared me out of investing even a tiny bit in Bitcoins, so I won't be asking my next question :-)
    – DeltaIV
    Apr 23, 2018 at 9:53
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    @DeltaIV I think a question about wallets vs. exchanges would be fine at bitcoin.stackexchange.com as that does relate to technology supporting Bitcoin. But you can check at bitcoin.meta.stackexchange.com as you have here whether it would be acceptable.
    – Chris W. Rea
    Apr 23, 2018 at 16:25
  • @ChrisWRea that makes sense. I would have liked to get an answer here (in-topic or off-topic?) before asking on another Meta site, but at this point I'll ask there too.,
    – DeltaIV
    Apr 23, 2018 at 16:33
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    Ps for the sake of completeness, I asked on the Bitcoin site and got a nice answer.
    – DeltaIV
    Apr 27, 2018 at 6:26

1 Answer 1

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As you surmised, your question ban was quite short and has now expired, so the simplest answer to the specific question in the title was just to wait a few days.

I think both your existing question and your proposed new question are on-topic for this site, as they both ask about Bitcoin in the context of personal finance.

I can't see anything obviously wrong with your existing question, it was reasonably well explained apart from the actual confusion that led to asking the question. So I don't know why it was downvoted so heavily (+3/-5 when I look now), and can't really be sure what the reaction to your proposed question would have been. In general Bitcoin questions seem to get an ok reception, most of them are positively scored.

Deleting negatively scored posts doesn't usually help with bans.

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