13 Exchanges To Buy Bitcoin In Guyana (2020)

Two Years in Ark - A Brief Retrospective

Two Years in Ark - A Brief Retrospective

https://preview.redd.it/s6uu8g27ul331.jpg?width=800&format=pjpg&auto=webp&s=115d0f1152d66546ee5aa61e1acd23c4c8dfb7b8

It was two years ago, June 11, 2017 at 2:40:26 AM EST, when delegate arkmoon officially registered on the ARK mainnet.
It had been roughly 4 years since I'd even looked at anything crypto-related, considering the fall of Mt. Gox had shaken investors to the core. Back then, crypto was still mostly the Wild West. You could only get Bitcoin through sites like Virwox after losing 20-40% in fees as you transferred from PayPay to Second Life Linden to Bitcoin... or shady sites where you had to use Dwolla or mail someone a money order and pray they didn't rip you off... or try your luck mining some of the new Bitcoin forks (e.g. Vertcoin, etc.) but odds are you weren't going to break even for at least 6 months, and I was too poor to buy and hodl long term.
When I heard "bitcoin" mentioned on a mainstream radio station in May, 2017, I scrambled to dig out old hard drives, CD-R's, laptops. Anything I might have had an old wallet on, but alas, I had sold it all in 2013 at a loss (anything that hadn't been stolen already).
Ethereum. "Hmm, that's new," I thought. And so, down the rabbit hole I fell, trying to decide now what to invest in. Bitcoin, yes, and some Ethereum. Ok, but the blockchains for these took days and weeks to download before I could even use them. There were new exchanges, such as Kraken and Bittrex. The fees were lower, and so I got started.
Then, one night in June, I found ARK. I'm not sure exactly how. Going through the list of coins available, ARK stood out in the fact that you didn't need to download an entire blockchain to start using it. You just downloaded the desktop wallet, and you had coins transferred in 8 seconds. So easy, it was something your grandma could do.
And then I continued to read about it. What it was built on, and how it worked. "Delegated Proof of Stake", definitely more affordable and environmentally friendly than running GPUs and ASICs with thousands of watts for mining POW coins.
"ARK, then."
I registered arkmoon delegate in an effort to solve a problem. Back in June, 2017, Ark delegates had a problem with pool hoppers. Delegates would schedule manual payouts either once per day or once per week. And right before a payout would happen, these pool hoppers would jump in and vote, essentially stealing potential rewards from loyal voters.
My initial delegate proposal was simple. Vote for me; I want to create a system that credits voters at the block-level, so they earn only if are voting for you, and you'll never have to worry about blacklisting pool hoppers again. I got virtually no support, which was frustrating. It got to the point where I simply removed myself from Ark from about June till September since no one had been voting for me. I'd like to take a second here to give a shoutout to delegate jarunik, who offered words of encouragement during this stressful time. Eventually, in October, 2017, a mysterious benefactor with over a million Ark decided to give me a chance by voting for me. Eventually, they slowly backed away while I gained my own voters organically through my dedication and higher share rate. For this chance, I am eternally grateful.
Around this time, the first biz delegate was created from 4chan, fat-fingered his payout and was begging for my solution. biz or the person behind it lasted a week, then was voted out in favor of the much more responsible GoldenPepe and his team biz_classic, who were able to release the first block-level payout script that was eventually adopted by (most) delegates. I say most, because there were several who never adopted it, and suffered as a consequence.
As time went on, we had our fair share of scammers; people who would write decent proposals, and would run off with their forging rewards. Delegates who had zero technical skill who doubled forged on the network. We've had a delegate publish their private passphrase on the blockchain. But all-in-all, things continued forward, and dedicated delegates appeared to mostly where we are today.
Then, we hit the big bull run in December, 2017 and everything was peachy. I had only been a delegate for less than 2 months, and really didn't have anything accumulated, but 2018 looked promising, so I kept working hard on building e-commerce and tax assistance sites to support the Ecosystem. As we all know now, we've been full bear mode for the past two years, but I have stuck with Ark in spite of it all simply due to the dedication I've consistently seen from the core Ark team and its delegates.
The Ark team has been consistently improving the stability and security of the blockchain, even as the price has fallen as low as it's been. Delegates such as alessio are dedicated solely on making sure the blockchain is secure, and delegates such as goose and I have been trying to develop useful tools to help both delegates and potential ARK users alike. We have cams_yellow_jacket producing professional videos, and thegoldenhorde continually impressing the community with their merch and awesome designs. Delegate arkland has amazing raffles. I can honestly say that I am proud to be part of this community.
Now, with the Ark Deployer, we are starting to see new people pop up in the Slack channels, asking how they can start up their own blockchains. The first person to start up their own chain is an accountant by profession, with little server-side experience and was able to get an Ark sidechain running in less than 24 hours. The true Ark Ecosystem is starting to form, and I am hopeful for the future.
I'd like to just take a moment to thank all my voters, and to all of you in the Ark Ecosystem for your continued support. I don't know what the future holds for us, but I am thankful for how far we've come.
submitted by arkmoon-delegate to ArkEcosystem [link] [comments]

Promotional Sale on PayDepot Bitcoin ATMs in New Jersey

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1. 𝐐𝐮𝐢𝐜𝐤𝐅𝐨𝐨𝐝𝐒𝐭𝐨𝐫𝐞– 1075 Sussex Turnpike, Randolph, NJ 07869

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4. 𝐁𝐥𝐨𝐨𝐦𝐟𝐢𝐞𝐥𝐝𝐏𝐢𝐩𝐞– 556 Bloomfield Ave, Bloomfield, NJ 07003

5. 𝐐𝐮𝐢𝐜𝐤𝐁𝐮𝐲– 149 Ridge Rd, Lyndhurst, NJ 07110

6. 𝐖𝐞𝐥𝐬𝐡𝐅𝐚𝐫𝐦𝐬– 329 Inman Avenue, Colonia, NJ 07110

7. 𝐏𝐚𝐧𝐭𝐫𝐲𝟏𝐅𝐨𝐨𝐝𝐌𝐚𝐫𝐭– 1502 Liberty Street, Trenton, NJ 08629

8. 𝐐𝐮𝐢𝐜𝐤𝐌𝐚𝐫𝐭– 1833 Hooper Ave, Toms River, NJ 08753

9. 𝐃& 𝐋𝐃𝐞𝐥𝐢– 598 Jackson Ave, Elizabeth, NJ 07869

10. 𝐒𝐮𝐧𝐧𝐲𝐌𝐚𝐫𝐭𝐅𝐨𝐨𝐝𝐒𝐭𝐨𝐫𝐞& 𝐃𝐞𝐥𝐢𝐀𝐯𝐞𝐧𝐞𝐥– 1182 Rahway Ave, Avenel, NJ 07001

11. 𝐌𝐨𝐧𝐭𝐜𝐥𝐚𝐢𝐫𝐆𝐚𝐬– 115 Bloomfield Ave, Montclair, NJ 07042

12. 𝐒𝐡𝐞𝐥𝐭𝐨𝐧𝐆𝐮𝐥𝐟– 4480 Stelton Rd, South Plainfield, NJ 07080

13. 𝐆𝐮𝐥𝐟𝐆𝐚𝐬𝐒𝐭𝐚𝐭𝐢𝐨𝐧– 440 US-22, Hillside, NJ 07205

14. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫’𝐬𝐅𝐨𝐨𝐝𝐒𝐭𝐨𝐫𝐞– 310 West Union Avenue, Bound Brook, NJ 08805

15. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫’𝐬𝐟𝐨𝐨𝐝𝐦𝐚𝐫𝐭– 1114 S Wood avenue, Linden, NJ 07036

16. 𝐋𝐮𝐤𝐨𝐢𝐥– 921 Route 73 North, Mount Laurel Township, NJ 08054

17. 𝐂𝐨𝐧𝐨𝐜𝐨𝐆𝐚𝐬𝐒𝐭𝐚𝐭𝐢𝐨𝐧– 3071 Route 73, Maple Shade Township, NJ 08052

18. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫𝐬𝐅𝐨𝐨𝐝𝐒𝐭𝐨𝐫𝐞– 73 Belleville Ave, Bloomfield, NJ 07003

19. 𝐒𝐡𝐞𝐥𝐥𝐆𝐚𝐬𝐒𝐭𝐚𝐭𝐢𝐨𝐧– 1677 NJ-37 E, Toms River, NJ 08753

20. 𝐒𝐡𝐞𝐥𝐥𝐆𝐚𝐬𝐒𝐭𝐚𝐭𝐢𝐨𝐧– 1299 Hooper Ave, Toms River, NJ 08753

submitted by PayDepot to Bitcoin [link] [comments]

Promotional Sale For Pennsylvania Terminals!!!!


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20 of our Bitcoin ATMs in the state of 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲 are currently on a promotional sale.

Use this opportunity to get the 𝐥𝐨𝐰𝐞𝐬𝐭 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐟𝐞𝐞𝐬 when you buy or sell your cryptocurrency with PayDepot.

1. 𝐐𝐮𝐢𝐜𝐤 𝐅𝐨𝐨𝐝 𝐒𝐭𝐨𝐫𝐞 – 1075 Sussex Turnpike, Randolph, NJ 07869


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2. 𝐑𝐨𝐚𝐝 𝐑𝐮𝐧𝐧𝐞𝐫 – 740 Ridge Road, Lyndhurst, NJ 07110

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3. 𝐑𝐞𝐟𝐫𝐞𝐬𝐡 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 – 750 S White Horse Pike, Hammonton, NJ 08037

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4. 𝐁𝐥𝐨𝐨𝐦𝐟𝐢𝐞𝐥𝐝 𝐏𝐢𝐩𝐞 – 556 Bloomfield Ave, Bloomfield, NJ 07003

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5. 𝐐𝐮𝐢𝐜𝐤 𝐁𝐮𝐲 – 149 Ridge Rd, Lyndhurst, NJ 07110

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6. 𝐖𝐞𝐥𝐬𝐡 𝐅𝐚𝐫𝐦𝐬 – 329 Inman Avenue, Colonia, NJ 07110

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7. 𝐏𝐚𝐧𝐭𝐫𝐲 𝟏 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐭 – 1502 Liberty Street, Trenton, NJ 08629

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8. 𝐐𝐮𝐢𝐜𝐤 𝐌𝐚𝐫𝐭 – 1833 Hooper Ave, Toms River, NJ 08753

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9. 𝐃 & 𝐋 𝐃𝐞𝐥𝐢 – 598 Jackson Ave, Elizabeth, NJ 07869

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10. 𝐒𝐮𝐧𝐧𝐲 𝐌𝐚𝐫𝐭 𝐅𝐨𝐨𝐝 𝐒𝐭𝐨𝐫𝐞 & 𝐃𝐞𝐥𝐢 𝐀𝐯𝐞𝐧𝐞𝐥 – 1182 Rahway Ave, Avenel, NJ 07001

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11. 𝐌𝐨𝐧𝐭𝐜𝐥𝐚𝐢𝐫 𝐆𝐚𝐬 – 115 Bloomfield Ave, Montclair, NJ 07042

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12. 𝐒𝐡𝐞𝐥𝐭𝐨𝐧 𝐆𝐮𝐥𝐟 – 4480 Stelton Rd, South Plainfield, NJ 07080

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13. 𝐆𝐮𝐥𝐟 𝐆𝐚𝐬 𝐒𝐭𝐚𝐭𝐢𝐨𝐧 – 440 US-22, Hillside, NJ 07205

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14. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫’𝐬 𝐅𝐨𝐨𝐝 𝐒𝐭𝐨𝐫𝐞 – 310 West Union Avenue, Bound Brook, NJ 08805

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15. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫’𝐬 𝐟𝐨𝐨𝐝𝐦𝐚𝐫𝐭 – 1114 S Wood avenue, Linden, NJ 07036

https://preview.redd.it/bysftqrxq5u31.jpg?width=750&format=pjpg&auto=webp&s=e1d846f47f0a4724f3f4dd96917a4962533af59b

16. 𝐋𝐮𝐤𝐨𝐢𝐥 – 921 Route 73 North, Mount Laurel Township, NJ 08054

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17. 𝐂𝐨𝐧𝐨𝐜𝐨 𝐆𝐚𝐬 𝐒𝐭𝐚𝐭𝐢𝐨𝐧 – 3071 Route 73, Maple Shade Township, NJ 08052

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18. 𝐊𝐫𝐚𝐮𝐬𝐳𝐞𝐫𝐬 𝐅𝐨𝐨𝐝𝐒𝐭𝐨𝐫𝐞 – 73 Belleville Ave, Bloomfield, NJ 07003

https://preview.redd.it/3y3fni63r5u31.jpg?width=566&format=pjpg&auto=webp&s=d52e33ebdc3c6fedda4e4a62a0daee7b6bd322db

19. 𝐒𝐡𝐞𝐥𝐥𝐆𝐚𝐬𝐒𝐭𝐚𝐭𝐢𝐨𝐧– 1677 NJ-37 E, Toms River, NJ 08753

https://preview.redd.it/roe423k4r5u31.jpg?width=632&format=pjpg&auto=webp&s=71ac760bca6812ea9b9ca5f8776f185d3ddc1a53

20. 𝐒𝐡𝐞𝐥𝐥 𝐆𝐚𝐬 𝐒𝐭𝐚𝐭𝐢𝐨𝐧 –1299 Hooper Ave, Toms River, NJ 08753

submitted by PayDepot to bitcoinatm [link] [comments]

I own 179 BTC, here is my story

I am not a wealthy person by any means, but Bitcoin has helped.
I discovered Bitcoin via a post on overclock.net on April 27th, 2011. I believe the price was about $1.50/coin then. I read the posts about people mining them, did some research, and immediately started my Radeon card mining them. I had a 4770 back then.
There was an exchange to sell Bitcoins for linden dollars (Second Life currency) and then I could sell those for paypal dollars. Within a day I had proven to my wife that I could make money with this Bitcoin thing. Despite us being in a position where we couldn't even pay our credit cards, I took the $1100 we had and bought 4 5850's, some power supplies, and some cheap craigslist computers. I figured that if this whole Bitcoin thing failed miserably, at least I had some decent computer hardware I could resell and recover most of the cost. I immediately sold one 5850 for greater-than-market value since they were in demand and I needed the money, and started the other 3 mining. At one point, I was mining nearly 8 coins a day. I bought a few more cards as time went on and continued GPU mining for as long as it was viable.
This whole thing saved us financially. I was able to sell the Bitcoins and settle on my unpayable credit card debts. I held on to a few during the crash but managed to sell most of them at $10 or more, fortunately. After that I started saving them, since they were worth so little. I bought some of the early BFL FPGA miners, the ones that were measured in MHashes not GHashes. After mining with those for a while and then selling them to someone who wanted them more than I did, I had more than 450 BTC. I took the plunge and pre-ordered BFL's latest offerings, the 60GH singles, the day they were available, becoming one of the first on the preorder list. Little did I know I would have been much better off just holding those coins...
Regardless, I did eventually receive those singles, and managed to get about 225 BTC out of them before they were no longer worth running. I've been slowly selling the stash as we needed for remodel projects around the house and for miscellaneous expenses, though I finally no longer need to do so, as we've been able to pay off more debts and have more income than expenses each month. Now I've got a nice pile of savings, and I'm hoping to someday be able to use it to buy a better house in a better neighborhood.
I generally don't tell people that I have just about all my liquid assets in Bitcoin, as they would call me crazy. They might be right. But it's a risk I'm willing to take. I do have some equity in my house, and some retirement accounts, but neither is worth more than my BTC stash.
So that's MY story, what's yours?
submitted by bitcoinzzzz to Bitcoin [link] [comments]

Some things you may not know about BCH

  1. You (anyone) can open a web-wallet quite easily to get started: https://tsbw.io/bcc/ is open-source, or https://coin.space/?network=bitcoincash - in case you don't have a smartphone app like Jaxx or Coinomi these are temporary wallets just to get you started.
  2. You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipp tippr or similar bots.
  3. Anyone can also earn bch right now too on http://yours.org by posting updates that people might find interesting and/or useful. This is an amazing thing, and makes me think a lot of other platforms for earning are coming soon.
  4. You can buy gift-cards using bch on https://cryptonize.it/product/amazon-gift-card/ - if amazn ships to you this means you can buy foods and stuff to live off of (rice/beans/soylent?etc). Disclaimer: I do not work and am not associated with any of these projects. This one it seems they're getting a lot of orders so they're still working out the kinks. (https://cryptonize.it/about/). This seems like a huge business opportunity to try and work around the stranglehold that visa and mastercard have on payments. - edit: I just realized (if they're in stock) you can buy other types of giftcards (instead of or including amzn) and sell them for cash on many card-to-cash websites, and sometimes even local kiosks.
  5. Depending on where you are in the world some places, for example https://www.southxchange.com/ claim you can sell bch for fiat (if you really have to). YMMV and I have not done this. Remember, some banks hate crypto since it challenges them. If you're thinking of doing bank transfers to fiat from exchanges be careful - the bank may shut down your account! They may also cut-off links between exchanges at any time.
  6. Some places like BitPay offer crypto 'debit cards' where you can fill up with btc (not yet bch?) and then spend it like you're used to anywhere visa is accepted, but don't expect these to be around forever because they rely on visa partnerships, so don't expect them to always keep fees low either.
  7. If you don't like using Coinbase or other privacy-invasive services your options for converting bch to fiat are increasingly slim. You can try any number of exchanges that offer bch/fiat but keep in mind that security, sharing bank account info and ID info can be a big risk and sometimes the fees are huge, alternatives might include virtual exchanges such as http://virwox.com but the process goes something like BCH -> litecoin LTC -> to linden (exchange may not be cheap) -> to fiat to then withdraw fiat to skrill or paypal - fees might be steep there too and paypal hasn't been too friendly with this idea. But if you're thinking of going this route you can use Shapeshift to convert bch to ltc through coinomi.
  8. The more places that offer ways to spend bch, the more local need for putting it back into fiat is not required. However, it is a catch-22 to expect merchants to be able to buy stock from others who are not using crypto yet and start accepting bch. Most people don't understand blockchain and with it crypto so if you're planning on asking your local shopkeeper to accept bitcoin you better have a way to make it clear to them the many advantages but also how they can use their own bch to buy produce/materials to keep the business running. (Maybe via #4). This (in my opinion) is the greatest barrier to wider bch adoption.
submitted by writingabout to btc [link] [comments]

I am all in

I've spent my entire life around computers. Born in '94 to young parents, my father is a networking engineer. For as long as I can remember, I've had a computer. I had internet access long before I could even make use of the Internet. I've been programming computers since I was 9 and have been doing it as my career since I graduated high school. Technology and the internet are ingrained into almost all aspects of my lifestyle.
Sometime during my sophomore year of high school (2010-2011), I first heard about Bitcoin and got hooked immediately. It wasn't the money aspect, it was just a cool little software project. The idea of this trust between people who did not trust each other was really, really cool. That principle alone really changed the software that I work on even to this day.
Over the next few years, I would always watch the price of bitcoin and enjoyed the rises and falls. It was pretty cool seeing this technology do something. Being ~16 years old at the time, I didn't have a ton of money to spend on amassing crypto. I'd buy a little here and there but would usually spend it on reddit tips and online blackjack. Besides, it was a real hassle to get it, having to buy LindenDollars (hahaha) as an intermediate to buying bitcoin.
Regardless of the fact that I felt I knew what bitcoin could be, my father, a well-educated man of technology, did not believe in it. He dismissed it as a bubble and I, acknowledging my lack of experience in the world, heeded his advice.
Despite not spending money, I certainly didn't leave the crypto community. I worked on all sorts of stuff crypto related, primarily mining operations (Until the ACICs came along). At one point I was operating the servers for the largest Reddcoin mining pool (It wasn't that big). These projects would net me bitcoins here and there, but I usually spent them. The money was more of a novelty and a perk than anything, but it kept my bitcoin appetite suppressed without me actually needing to put my "real money" into the system.
The game changed in late 2013.
When we broke $1000, I was amazed. I mean, I always knew this would happen, but here it was right in front of me. It was at this point that I started to look at cryptocurrency as something that had extended beyond the little communities I was in online. At this point, I began to put "serious" money into bitcoin. A few hundred dollars here and there, but I usually didn't hesitate to spend it if I needed some cash or saw something cool. It was still "cool tech", now it just happened to be "cool tech worth some money".
Over the years, I've never amassed another full bitcoin at any one point in time. Not that it wouldn't have been possible, I had/have a good paying job, but it just didn't happen. Oops.
When bitcoin hit $5k my wife and I decided to move it all into Bitcoin. The only fiat in our bank accounts is what's coming in, paycheck to paycheck. We use that to pay our rent, bills and other living expenses. Whatever we don't spend goes into Bitcoin. I am seeking to gradually shift my salary to settled in bitcoin. Our only non-Bitcoin wealth currently comes from some Litecoin and my paycheck that hit this morning.
Everyone, this is incredibly risky, but my wife and I are okay with that. We see this as the way of the future and we are completely convinced of that. If it all comes crumbling down tomorrow, we're glad to be in the experiment and I'm quite happy on job security. If it does what I think it will do, then it'd be asinine to do anything else. Someone will lecture me about responsibility in the comments but, trust me, this wasn't a decision we came to on a whim.
I'm not going to sell my bitcoin. Ever. If 1 bitcoin is worth $100 or even if it's worth $1 million, I am not going to sell my bitcoin. I believe Bitcoin is the single fairest store of value the world will ever have and that makes it invaluable.
I felt the need to write this as I'm not ready to go public with this information yet (Probably never), but it is a very exciting, incredibly major development in my life. Buckle up and let's see what happens.
DISCLAIMER - I am absolutely not encouraging you to do what I do. I am an individual human being with a unique set of knowledge, skills and opinions.
If you are considering doing this, think about it again. If you any amount of doubt about the future of this blockchain, this is absolutely not for you.
submitted by 31kljsfklthrowaway to Bitcoin [link] [comments]

How to buy these cheap coins right now

Since we've all been goxxed now is the time to buy those $50-60 coins floating around and profit from everybody else's misery. Or you could wait for Gox to come back online and crash down the price even further but good luck trying to do any trading there to buy coins, the trading engine is already broken I don't expect the new one to work flawlessly due to epic 3yr history of GOXXING
BTC-E.com
To pay into this exchange, you need a BTC-E code, PM or Okpay. Take pics of your ID and utility bill and pay the $10 to Okpay for 'quick verification'. You can pay bitcoins directly into your Okpay account for initial funding or wait and see how long it takes for reg verification.
Now either wire money, or instant money transfer (MoneyPolo, Contact-sys, Unistream) to fund your account or find an Okpay exchanger somewhere. Or Ukash/CashU. Just because contact-sys is Russian doesn't mean there aren't sending points in every country in the world.
BTC-E codes you buy on #bitcoin-otc from verified gpg authenticated traders with good ratings, or on bitcointalk.org forums in the currency exchange forums.
Perfect Money is a shady HYIP digital currency run by Russians much like Liberty Reserve. You sign up for free, and load your account with wires (if verified) or you use an exchanger. This is what talkgold.com is for to find legit exchangers. I use wm-center.com to wire WU/Moneygram and get PM. Click on 'Interkassa' payment method in BTC-E and select Perfect Money. Instant load.
You can also obviously dump Litecoins you bought on Vircurex to fund the account, or a gagillion PPcoins
Bitfloor.com
Fastest way to deposit is through CapitalOne P2P or cash deposit https://bitfloor.com/docs/#funding-deposit
Be aware Bitfloor is insolvent due to owing 25k bitcoins that were stolen last year but they have a repayment schedule that may or may not bankrupt them. Use at own risk but most ppl trade there everyday with no problems.
Bitstamp.net
Great exchange in Slovakia? I think. You have to pay with Euro SEPA wire, then for some stupid reason they convert the money to USD. You can pay in here using transferwise.com if you're from UK, or XEtrade and other Forex online money transfer companies. Google 'free money transfer fx' and review your options. Most don't charge you anything if over a certain amount of money. They take your internet billing or other local payment, convert to EUR and send SEPA for you if you request it. If they don't then check with Bitstamp what a SWIFT wire costs (probably nothing, I think they use Latvian banks that charge no receiving fees). If you want a bank account in Latvia then sign up here: http://www.rietumu.com/ if you have a local corporation or business where you live you can, maybe a personal account too. You can always incorporate a dirt cheap Delaware LLC or Oregon LLC from anywhere in the world and use it to open up worldwide bank accounts.
Bitcoin-24.com
Takes direct wires, all sorts of other methods: https://bitcoin-24.com/fees You can also use Liqpay if you have a USD or EUR card. Sign up to liqpay.com, then they block a small verification amount you have to sign into internet banking (for the card) to check. It's usually $1.something or less. After that you are verified to load $1-100 or so, but I'd just try $50 at first. Any more than that and Liqpay will seize the funds and ask for your bank to authorize a fax they send which no bank will do because of privacy reasons, so pointless to load anymore money. Liqpay may also call you to verify card details this is normal. Liqpay is meant for Russians and CIS countries to use like Ukraine so due to epic fraud of credit cards don't expect to load too much this way unless you find a Liqpay exchanger, but what's the point when you can just wire money to bitcoin-24 anyways.
Vircurex.com
Good exchange, had some problems due to DDoS but so did all exchanges. They only accept BTC, altcoins and VouchX for payment. You buy Vouchx here: https://www.aurumxchange.com/ or from somebody on Bitcointalk, or IRC (with rep). You can buy a bunch of litecoins anywhere to fund this exchange such as the bitcointalk forums or IRC. Warning: the so-called official twitter account is fake, don't use it.
Cavirtex.com
Can only fund if in Canada, they accept cash deposit and internet billing. Price has been steady at ~$90 all day though no panic selling.
LibertyBit.com
https://www.libertybit.com/funding various easy methods, new exchange in Canada that takes intl wires and shockingly Interac deposits (easily frauded).
Bitcoin China
https://btcchina.com/ fast growing exchange, you pay in with Alipay or Tenpay both Chinese methods that westerners can't use or figure out due to no translation. You can probably use Alipay if you find and exchanger to load it, they do exist. **Edit they now support Liberty Reserve deposit and withdrawal
Check english forums to see if anybody exchanging Alipay or taking wires.
CampBX.com
Accepts money orders, and CapitalOne P2P payments. Also accepts Dwolla but you need to be verified.
Bitcoin-central.net
Just had a major outage due to instawallet hack, appears to be back online. You get your own quasi-bank account when you verify here much like how ecardone.com (liberty reserve) does banking so can transfer to other users legally with vouchers. You can buy a voucher p2p on Bitcointalk forums or IRC or send a bankwire.
VirWoX.com
You can pay with Paypal to get Second Life "Linden Dollars" then convert to BTC, or at least you used to be able to. I have no idea if this is still the case I've never used them.
Or course there's all the fixed price exchangers
https://en.bitcoin.it/wiki/Trade and https://bitcointalk.org/index.php?board=53.0 for everything from Moneypak to Skrill. You can also risk buying coins on Silk Road with moneypak
==============R U L E S ================================
Enjoy buying all the way down the crash once Gox comes back online and the great sell off begins! Hold them for a year and they'll be worth 10x as much just like the 2011 crash. Bonus points if you speculate on Litecoin, rumor has it Gox will be trading them when they come back online but again, this is MtGox we are talking about so the site could implode on the zerg rush of people trying to get into their accounts or trading engine could sell all your coins for $0.0001 again like they did in 2011.
Great successez!
submitted by Derpcoin to Bitcoin [link] [comments]

How to Buy Bitcoin with PayPal

How to Buy Bitcoin with PayPal
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.

How to Buy Bitcoins with PayPal through eToro

Pros: Accepts a variety of payment methods, low fees
Cons: Not available in the US
eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.

How to Buy Bitcoin with PayPal through VirWox

Pros: A reliable method
Cons: High fees
VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL).
Here is a step-by-step guide taking you through VirWox:
  • Go to VirWox.com
  • Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
  • Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
  • Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
  • Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.

How to Buy Bitcoin with PayPal through Local Bitcoins

Pros: Various sellers from all around the world
Cons: High fees, chances of scams
Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
  • Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
  • Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
  • Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
  • Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!

How to Buy Bitcoin Using PayPal through Wirex

Pros: Normal fees
Cons: Withdrawing funds takes more than a week
Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
  • Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
  • Link debit card details to PayPal account:
    • In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
    • A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
    • Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
    • Withdrawal would take up to 7 days to appear in Wirex account.
    • Buy bitcoins with Wirex debit card.

How to Buy Bitcoins Using PayPal through Paxful

Pros: Wide range of sellers from all over the world
Cons: Chances of scam, high exchange rate
Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party.
The process to buy bitcoins through Paxful is:
  • Create an account
  • To buy, select payment method by entering the desired amount
  • To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.

Final Thoughts…

Cryptocurrencies are tentative, complex and involve high risks as they are highly volatile. Before buying bitcoins through PayPal, ensure that the terms and conditions of PayPal and bitcoins are well – understood to make your transactions secure.
Source: CryptoCurrencyNews
https://preview.redd.it/3ripk7pccui11.png?width=983&format=png&auto=webp&s=027e30696faa3bb18ad0d012cea1d88cda09dc67
submitted by Lumi_wallet to LumiWallet [link] [comments]

How can I buy bitcoin with a Visa Gift Card?

I've been searching around, and I've seen this question asked a lot. But it always gets a bunch of different and conflicting answers, and the OP never seems to update with his eventual solution. I'm sorry if you guys are tired of hearing this.
I have a few hundred dollars in Visa Gift Cards, and I'd like to use it to purchase bitcoin. This will be my first purchase so it's all very confusing. The gift cards have the word "Debit" on them, if that means anything.
I've found that you can use gift cards to buy Linden dollars from VirWox and then exchange them for bitcoin. But it seems that this could take up to 48 hours for some reason. Is this the case? If so, I'd prefer a more speedy method if one exists. Also, VirWox seems to have a really low max amount (like $90 iirc) that you can buy at once. Is it possible to make multiple purchases at the max amount in a short time?
There are some people on LocalBitcoins who accept Visa Gift Cards, but they're charging like 150% the going rate for bitcoin, and I'm worried about being scammed. How can I know if users on LocalBitcoins are legit?
Some people claim to have had success with Circle, others claim no success. It seems to be pretty hit-or-miss. So what's the deal with Circle?
I've seen bitquick.co mentioned. All of the listings on their site say "Bank of America," "Any local credit union," "US Bank," etc. Is it possible to buy bitcoin with my gift card on bitquick.co, and how do I go about it/which listings can I use?
Purse.io has been suggested. I don't know much about it. How does it work?
I'd appreciate any advice on using these sites or any others you guys know of. I'd love it if I could find a way to purchase my coin in less then 24hrs, but if I must use VirWox and suffer a long wait, I guess it is what it is.
Thanks everyone!
submitted by randoguy4 to Bitcoin [link] [comments]

A guide to using Silk Road, specifically for /r/UKtrees

Hey all, I’ve seen a few posts on here asking about using Silk Road to purchase trees. I’m not an expert, but I have used it successfully a few times now, so I figured I’d write a guide to help anyone out.
1. Getting on Silk Road.
Silk Road exists on what is commonly referred to as the ‘Hidden internet’, or ‘Deep Web’; Websites on the hidden internet are not indexed and thus not accessible by regular search engines or DNS lookups. You can do more research on this if you want - to be perfectly honest, I don’t understand it entirely - but you don’t need to.
To access Silk Road and the rest of the Hidden Internet, you need to download a piece of Software, called Tor. This software allows you access hidden websites via a regular browser window. Just head to Tor’s Website and click the download. Once the files are downloaded, unzip and click Start Tor.
To head to Silk Road, enter the following address silkroadvb5piz3r.onion
You’ll need to make an account, this is pretty straight forward. (Make sure you remember your pin. You don’t need it when logging in, but you do need it when confirming transactions. Also, your pin doesn’t actually have to be a ‘pin’, mine is just another regular password)
Note: Due to the nature of the Onion network/service, it’s quite slow. And a busy site like Silk Road can be even slower. So, it may be that you have trouble connecting. If it doesn’t work, hit refresh a couple of times, and then just try again later. I usually have better luck in the morning 9pm-12pm and late evening 10pm-4am
2. Bitcoin.
Bitcoin is a decentralised peer 2 peer based currency. Essentially, it’s an untraceable and anonymous currency. Purchasing Bitcoin can be a little tricky, there are a number of ways to do it.
There are exchanges such as MTgox and Intersango, and many direct Bitcoin purchasing sites such as Bitstamp, and BitInstant. The problem with many of these sites is they operate outside of the UK, and as such getting money into them can be tricky. They tend not to accept debit credit cards, and often require bank transfers via IBAN. However, banks will often charge you a fee for using IBAN (I know Natwest charges £10).
These websites will allow you to deposit money into your account, and then place orders to convert that money into Bitcoin.
Other easier websites are Virwox, and Block Chain.
With Virwox, you first need to convert currency into Linden Dollars (SLL) (a currency used in the game Second Life) then into Bitcoins. However, Virwox does not allow for fractions of bitcoins, which means you can easily end up being just shy of a full bitcoin and having ‘worthless’ SLL. One nice thing about Virwox is that they accept UKash vouchers. So if you want no trace of your purchases, you can go buy UKash vouchers at any Paypoint and then deposit those.
Block Chain used to only be depositable via Barclay’s Pingit, but has since opened up regular bank transfers, I found this worked really well the last time I used it, so I’d recommend it.
You can also buy bitcoins in person by searching on Local bitcoin. In addition, there are also people selling Bitcoins on Ebay, but very overpriced, so I wouldn’t recommend that.
There are a tonne of places to buy bitcoin, some accept cash/cheques in the mail as well. You can always find more by googling.
3. The purchasing process.
You need to send your purchased Bitcoins to your SR account, you can find your bitcoin address under ‘Account’ at the top of the screen. It can take a few hours for the transfer to take place.
Once in your account, you’re ready to purchase, simply find whatever it is you wish to buy, click add to cart, and then head to the checkout. Select a postage method for your items and click go to confirm the postage.
Now, you need to input your address and your pin.
Now, you might have heard of PGP encryption by this point, it’s a form of public/private key encryption used on SR to protect the addresses of its users.
For this, I’m just going to steal mr_kyitty’s guide from this thread.
  1. Get gpg4win, install, and open 'GPA'
  2. Now you need to make your own key. Go to Keys>New Key, and follow the prompts. Use a fake name/e-mail. Before entering a passcode, write it out (the longer the passcode, the better, and you have to enter it every time you encrypt something). Once that's done, you have your own key.
  3. Import the seller key from the seller page. To do this, copy the public key from the page, paste it into a blank notepad file, and save the file. Then click 'Import' in GPA and load that file. You now have that seller's public key.
  4. To encrypt your address, open the clipboard in GPA and type in your address. Click encrypt, select the seller's public key, and in the lower box, check "sign" and select your own key. Then you will be prompted to enter your passcode. Once complete, copy the block from the clipboard and paste it into the address box on the shopping cart page.
I’d like to add, that you don’t need to ‘sign’ the encryption. What this does is allows the seller to verify that you are the actual sender of the message. However, I’d argue this isn’t entirely necessary, as it will also require you to post your public key somewhere.
Click to confirm the transaction, and that’s the order placed.
It will now show up under your ‘orders’ section. You’ll notice an option to ‘finalize’.
Silk Road uses escrow, i.e. they hold your money when you place an order, and when the order is confirmed to have gone through (after x days) the money will be sent to the vendor. You can Finalise early, by clicking the finalise button and sending them their payment. It’s common courtesy to do this once your item has arrived. If an issue arises, you can click resolve, and attempt to claim a refund/resolve the issue. I don’t have any experience with this so I’d recommend you search /silkroad for advice if you need assistance on resolving a matter.
Some vendors might ask you to finalise early before they will send your order. Now, this is actually against Silk Road policy, but its common for vendors to ask for this from first time buyers. Personally, I would say just don’t do it. You never know what’s going to happen. But generally speaking, a vendor's reputation is probably worth more than your particular order, so the risk of being 'ripped off' is low.
Still, I wouldn't recommend it.
4. Additional Comments
Do I recommend it for weed?
I started using SR Last year after I moved back home from Uni, because I no longer had a dealer. Personally, if I had a choice, I would choose to buy from a dealer every time. SR is a lot of hassle, so I wouldn’t recommend it for your general Eighth or quarter, unless you have no other connection (as is unfortunately the situation for me).
However, there are a variety of strains and products available, ranging from hashes to oils to edibles, so some of you might like to have those options.
In terms of price, I’d say it’s fair. A lot of Weed vendors will have a standard strain that they’ll sell for a (roughly) standard £20/eighth. You will generally be spending a little more given the nature of the process.
Is it risky?
In terms of general legal risk, you can't control what people send to you. If there's no record of you having bought it (Which there isn't, buying bitcoins is not a crime) then you should be fine. In terms of 'Will I get scammed risk' - it's just like ebay, people value their reputation. Buy from high repped vendors, and you should be fine.
Anyway, that’s all folks, I hope you’ve found this helpful. If you have any questions, leave a comment, and I’ll do my best to help you out.
Also, if any other more experienced SR users have noticed any mistakes or things I should alter in this guide, please leave a comment and let me know, and I’ll make the necessary amendments.
And here are some other great subreddits which you may also find useful.
/SilkRoad - For everything Silk Road. /Bitcoin - For everything Bitcoin. /onions - For everything hidden internet.
submitted by Rosetti to uktrees [link] [comments]

Buying Bitcoins: An Astonishing Pain in the Dick

Buying Bitcoins: An Astonishing Pain in the Dick
If you aren't the type to feel at home buying bitcoins followed by praying they still have roughly the same value four days later, you're pretty much out of luck, eh? Debit, credit, and Paypal are all out of the picture when buying bitcoins. Wiretransfers require incredible faith in turning over a LOT of personal information (like, enough to get lines of credit in your name) to "companies" who did not exist 2 years ago and who might shut down in as little as 1 month. The nets are laden with the waste of bitcoin sites -- bitinstant, cryptxchange, bitcoinbymobile, and doubtless dozens of others have failed. For perspective, coinbase has a bank account somewhere, as they need to pay themselves real money, and also use it to purchase hosting services, support, pay their taxes, and grow their business. If they forget the taxes part, or if their bank account is frozen, poof, gone. If you're awaiting processing when they go...
Now, you shouldn't be keeping your coins on those sites anyway, as a search of this subreddit will reveal many people who've had their BTC ripped right out from under them either due to their security oversights, or those of the site. You can try local exchange for cash or wester union, but you're asking to get screwed since there is very little chance to be safe in personal dealings. And on account of random people having lives, the transfer is likely to be slow, if you can find anyone will to sell coins to begin with in your area. I saved the best for last. Currency exchanges like MtGox can take more than a week at the best of times to translate dollars into BTC, and only if you create account chains like Dwolla -> Linden Dollars -> BTC (old chain for example purposes only).
It used to be possible to purchase BTC by SMS, but those services are down, likely indefinitely, even at blockchain.info. IF you give Coinbase enough personal information for them to take out loans in your name, you can instantly purchase a whopping 0.1 BTC per week for the first 30 days your account exists. This is assuming you have a Visa card, because in my audacity to not have a Visa credit card, I am ineligible for instant purchasing. And this is one of the preferred ways of getting bitcoins, shown in numerous guides. Without laws IMPROVING the liquidity of bitcoin, I don't see it surviving -- in fact, it seems options for purchasing it are getting slimmer. Two months ago, SMS still worked. 6 months ago, cryptxchange was still alive. It appears the momentum is downhill, a quiet defacto isolation of bitcoin from liquid dollars.
If I have it wrong, someone please inform me, because I just spent an hour looking around, to no avail.
submitted by EndTimer to Bitcoin [link] [comments]

Why don't we build buying and selling Dogecoin into the Core/Wallet?

The idea would be very similar to this: http://www.reddit.com/Bitcoin/comments/236k5d/mycelium_local_trader_is_now_available/
Essentially adding peer-to-peer trading to the Dogecoin Core. MultiDoge and WowDoge wallets could provide the same service if the coding magically existed.
You could do it exactly like sites currently:
You make an account with the wallet that is tied to your phone number. Therefore any wallet addresses are now tied to your account and your phone. Someone asking for a chargeback can be refused since we can see that the funds were sent to an address belonging to you!
I would take it a step further and organize buy/sell orders by type of payment. Very similar to here.
We could include a BTC/DOGE exchange as well with a built in escrow service. Is this possible?
Websites that currently sell Dogecoin for BTC or Fiat (USD...) could be listed within the buy/sell section as well!
Would there be a way to fund the wallet with Fiat with a credit card? a la PayPal?
Ideal scenario:
This idea falls apart if funding the wallet is completely not possible. Would just storing USD funds in a Dogecoin wallet count as purchasing virtual currency?
Is there a work around where I can buy Linden Dollars then trade to Dogecoin? haha. Click here if you have no idea what I am talking about.
I think that a buy/sell option in the wallet would make buying and selling easier and potentially more attractive for new and current users.
submitted by thistime1 to dogecoin [link] [comments]

I decided to go 'all-in' and dump $10,000 in near the peak...

I caught the action as it was starting to rise up in March before the media and Cyprus hype took hold. I bought one, then another, then a few more through services like Bitfloor and Bitinstant. At that point my cost basis was under $1,000.
So I decided to take the serious plunge and buy $10,000 through MtGox. That was just hours before yesterday's crash when it went from $235 to $260 in about an hour. I even had to replace my order a few times because it was rising too fast.
I am currently 72% down from my cost-basis of all bitcoin bought, and quite frankly I am pissed and feel like I've been manipulated by the hype and pretty obvious pump-and-dumper schemers.
The technology and protocol might be secure, there are very obvious failures within the system.
1) The entire exchange infrastructure, and not just Magic The Gathering, but all of them are prone to hacking attacks. All of them are under-staffed. And all of them cost way too much in fees (I don't think I would pay as much as I did to get into mutual funds, but I got caught in the hype).
2) The system is too easily prone to manipulation. Twenty-one million coins, with a bunch of people owning over ten thousand, makes the system too prone to a sell-off. Imagine what would happen to the price of Gold if the U.S. decided to dump Fort Knox onto the market at market prices? While we can feel confident to trust the U.S. won't do this, there is absolutely no assurance that the other holders won't. The whole system is easily manipulated like the Hunt brother's silver market cornering of 1980.
And in any other regulated market, if there were an IPO the initial investors are locked in to prevent this type of sell off from happening. But this is "unregulated" which is promoted as a benefit, but I am going to say it isn't. The reason regulations were implemented is exactly because of this type of pump-and-dump and market manipulation.
Virtual currencies are a fucking joke. I'd have been better off buying Linden Dollars or blowing my money on blackjack and hookers.
Edit: The bitcoin apologists just don't stop do they. Listen to all of them in here, trying to still extoll the virtues of their bullshit.
submitted by GreaterBitcoinFool to Bitcoin [link] [comments]

Why I don't spend bitcoins (or use Linux) yet.

At this point, Bitcoin is just like Linux. It's supposedly better than all the competition in every way, but only hardcore nerds understands and use it, it's difficult to obtain if you dont know how, not very compatible with what people already use and most important: It doesn't have a huge marketing plan behind it (Windows: "Everybody uses it and you can do anything with it", Mac: "Be different and cool and unique").
All the cool nerds told me to change from Windows to Linux, and I tried many times. One time I accidentally wiped my whole drive and lost all my files. The last time I tried to make the switch, I was exited the first week, but then changed back to windows so I could play games and be sure that everything accually works the way it should. They say you have more flexibility in Linux, but only if you think learning lots of strange command line strings is fun. I don't. I wanted to use Linux, but it just wasn't easy enough.
Fast forward: Now I use Linux every day without even thinking about it. My Samsung runs Android (built on top of Linux).
What needs to happen with bitcoin is the same thing that needed to happen with Linux: Big (comercially driven) companies must build on top of it and make the experience sexier, easier and more accessible than the current money system.
People say that we need to spend bitcoin more, or that it needs a killer app.
The killer application is already that bitcoin is programmable bits of value you can build things on top of. It can also become a new standard for in-game money like WoW-gold or Linden. You can get rewarded for killing a boss in one game and then spend that value on upgrades in a different game. Imagine a huge treasure hunt in a game like Minecraft, where you can mine out "real" dimonds with real value.
IMO we don't win by spending more bitcoins on Overstock.com, we don't win by educating more people on how to use bitcoins, we don't win by arguing to sceptics about how great it is. We win by finding new ways to build on top of it and making the experience of transferring value seamless and sexy.
Nobody is telling you to stop using your hard core stripped down version of Linux. Nobody is telling you to give up your paperwallets created on a dedicated machine without internet connection. I'm just suggesting that mass adoption will come with ease of use, not education about why the current system is flawed or why bitcoin is superior.
I have a lot of friends who are interested in Bitcoin, and they all say: "I'm reading about this Bitcoin thing, maybe you can come over some day and help me with buying some?" They want to get in on this cool new technology all their smart nerd friends are talking about, but it is too overwhelming for them to understand how to buy it, let alone accually use it.
I for one, welcome our new Circle overlords.
submitted by bitpolar to Bitcoin [link] [comments]

Reliability of using Virwox to buy bitcoin

One method to buy bitcoin with fiat is first to buy Second Life Linden (SLL) with Paypal, and then to use the Virwox exchange to convert the SLL to bitcoin. Some people say that they have used this method several times with no problems, but others are furious that Virwox scammed them out of their money when they tried to withdraw their bitcoins in the final step. (Have a look at these reviews of the service; they are mostly bad.)
I have some questions about this:
I would probably use this service to buy BTC if it didn't have so many extremely negative reviews. This process can also be used in reverse to convert BTC to SLL, and then to convert SLL to Paypal, and in contrast, that seems to be reliable.
If anyone has any insight into these matters, I'm very interested to hear it.
submitted by nicole_amm to Bitcoin [link] [comments]

Here's how I lost $250

So I have researched bitcoin for sometime. I've researched many ways to buy bitcoin. I was looking for the fastest most convenient way to buy. I first tried VirWox, buying Linden and then trading into BTC. I loved the idea, BUT I don't have an actual bank account. I use BlueBird from AMEX and WalMar Money Mastercard. I could not use on Virwox. So I decided to go to LocalBitCoins. I made a sucessful trade for $100 worth of BTC using BlueBird to BlueBird transfer. I then transferred the BTC to a wallet I had established. I was happy with the experience so I was going to save some extra $$ to trade. Fastforward 2 weeks I had an extra $250 and I knew what I wanted, BTC! So I logged on to my localbitcoins account and found a different seller that took BLueBird. Trade went thru after some communication and as soon as the BTC was released into my wallet within the SAME second it was sent to a Wallet I did not recognize!! I mean it was FAST! So i hit the localbitcoins forum site and was explained I had been a victim of phishing!! DAMN I FEEL DUMB!! Reflecting now after a few days passed I just can't wrap my head around how it was sent from my wallet so quickly after being released from the seller. I am asking for any insight or has anyone experienced this same bullshit?!
submitted by kiknwind223 to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] I am all in

The following post by 31kljsfklthrowaway is being replicated because the post has been silently greylisted(for 1.0 hours).
(It was approved by the mods at: 2017-12-01T06:59:27.000Z)
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7gshlq
The original post's content was as follows:
I've spent my entire life around computers. Born in '94 to young parents, my father is a networking engineer. For as long as I can remember, I've had a computer. I had internet access long before I could even make use of the Internet. I've been programming computers since I was 9 and have been doing it as my career since I graduated high school. Technology and the internet are ingrained into almost all aspects of my lifestyle.
Sometime during my sophomore year of high school (2010-2011), I first heard about Bitcoin and got hooked immediately. It wasn't the money aspect, it was just a cool little software project. The idea of this trust between people who did not trust each other was really, really cool. That principle alone really changed the software that I work on even to this day.
Over the next few years, I would always watch the price of bitcoin and enjoyed the rises and falls. It was pretty cool seeing this technology do something. Being ~16 years old at the time, I didn't have a ton of money to spend on amassing crypto. I'd buy a little here and there but would usually spend it on reddit tips and online blackjack. Besides, it was a real hassle to get it, having to buy LindenDollars (hahaha) as an intermediate to buying bitcoin.
Regardless of the fact that I felt I knew what bitcoin could be, my father, a well-educated man of technology, did not believe in it. He dismissed it as a bubble and I, acknowledging my lack of experience in the world, heeded his advice.
Despite not spending money, I certainly didn't leave the crypto community. I worked on all sorts of stuff crypto related, primarily mining operations (Until the ACICs came along). At one point I was operating the servers for the largest Reddcoin mining pool (It wasn't that big). These projects would net me bitcoins here and there, but I usually spent them. The money was more of a novelty and a perk than anything, but it kept my bitcoin appetite suppressed without me actually needing to put my "real money" into the system.
The game changed in late 2013.
When we broke $1000, I was amazed. I mean, I always knew this would happen, but here it was right in front of me. It was at this point that I started to look at cryptocurrency as something that had extended beyond the little communities I was in online. At this point, I began to put "serious" money into bitcoin. A few hundred dollars here and there, but I usually didn't hesitate to spend it if I needed some cash or saw something cool. It was still "cool tech", now it just happened to be "cool tech worth some money".
Over the years, I've never amassed another full bitcoin at any one point in time. Not that it wouldn't have been possible, I had/have a good paying job, but it just didn't happen. Oops.
When bitcoin hit $5k my wife and I decided to move it all into Bitcoin. The only fiat in our bank accounts is what's coming in, paycheck to paycheck. We use that to pay our rent, bills and other living expenses. Whatever we don't spend goes into Bitcoin. I am seeking to gradually shift my salary to settled in bitcoin. Our only non-Bitcoin wealth currently comes from some Litecoin and my paycheck that hit this morning.
Everyone, this is incredibly risky, but my wife and I are okay with that. We see this as the way of the future and we are completely convinced of that. If it all comes crumbling down tomorrow, we're glad to be in the experiment and I'm quite happy on job security. If it does what I think it will do, then it'd be asinine to do anything else. Someone will lecture me about responsibility in the comments but, trust me, this wasn't a decision we came to on a whim.
I'm not going to sell my bitcoin. Ever. If 1 bitcoin is worth $100 or even if it's worth $1 million, I am not going to sell my bitcoin. I believe Bitcoin is the single fairest store of value the world will ever have and that makes it invaluable.
I felt the need to write this as I'm not ready to go public with this information yet (Probably never), but it is a very exciting, incredibly major development in my life. Buckle up and let's see what happens.
DISCLAIMER - I am absolutely not encouraging you to do what I do. I am an individual human being with a unique set of knowledge, skills and opinions.
If you are considering doing this, think about it again. If you any amount of doubt about the future of this blockchain, this is absolutely not for you.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

How to buy Bitcoins with Paypal

So I know a lot of people have been asking about this (and so was I) so I finally found a way to buy Bitcoins with PayPal. The whole idea is to circumvent the direct purchase of BTC with Paypal with buying SLL (Second Life Lindens) and then exchanging them for BTC.
You can find the original post on my Facebook notes here: https://www.facebook.com/notes/ofir-beigel/buying-bitcoins-with-paypal-or-with-a-credit-card/10151639487083203
If you want a short rundown of how it's done then here's the deal:
IMPORTANT: This process hold within it more transaction fees than usual. This may still be a valid solution since the soaring numbers of BTC compensate for this. It's important for you to be aware of the different transaction fees.
Step 1: Go to VirWox.
VirWox is an exchange of virtual currency, you can buy there Lindens, Bitcoins, and more...
Step 2: Open a free account
Click on the "not registered yet" to open up a new account.
Step 3: Fill out our personal details
Fill out your username and email address. Where it asks for "avatar name" just fill out any name you like it doesn't matter, since you're not going to play Second Life. Continue filling out all of the personal details and click "register".
Step 4: Activate your account
Once you clicked "register" you will get an email confirmation with an initial password. Open the email and log into VirWox with your initial password.
Step 5: IMPORTANT!!! Change your password!
After clicking the confirmation link it is advised you change you password as shown below since you will be transferring money through this site. Do not worry about the message saying "Your avatar connection has not been validated yet" - it is irrelevant.
Step 6: Fund your account through PayPal
Click on deposit on the left side and choose PayPal Express. Fund the account with how many USD you'd like.
Note: From now on for each transaction you will make there will be a fee - make sure you are aware of the relevant deposit and withdrawal fees
Step 7: Buy SLL with USD
Go to Exchange->USD/SLL on the left side. You can also go to any other currency you'd like. Buy SLL (which mean Second Life Lindens) . We will later on exchange these SLL to Bitcoins.
Note: If you haven't made a deposit yet you will get the screen shown above requestion you to deposit before you buy SLL.
Step 8: Buy BTC with SLL
Once you have SLL in your account, go to the BTC/SLL and buy Bitcoins with your SLL.
Step 9: Withdraw your Bitcoins
Choose "Withdraw" on the left side and send the Bitcoins to your wallet.
submitted by ofirbeigel to Bitcoin [link] [comments]

You can only do it once.... but if we do we'd all have to do it and do it right!

Anyone considered the potential of the community having a "detachment day"? One day where the community all agrees to no longer peg a bitcoin to the price of any currency and reset all bitcoin prices to be independent and drop three decimal places? Use would skyrocket! $20 dollars USD could buy $75 dollars in goods. OR MORE if some of these bitcoin predictions are even a 10th accurate. Why must we be tied to any fiat currency? Cannot the community band together... set a date.... and just have Detachment Day! Eggs are worth .000000001 bitcoin cause thats what there worth... Who cares what there worth in Yuan or Yen or Linden Dollars or that crazy fiat currency with the green backs? It would be a rocky few days but people would flood bitcoin markets to buy $6,500 Les Paul Classic Guitar for .0000034 bitcoins (is it correct grammar to pluralize a fraction of a whole? I suppose some language has a rule for that... maybe we should look beyond Western Culture and just recognize the best of all languages for the currencies new lexicon).
We set the prices.... not the exchange rate.... The exchanges will follow but we would set them. It would be a monumental effort. So were the seven wonders of the ancient world, the great wall of china, American Constitutional Democracy. I am not asking for the blood..... and you can keep your treasure, but this is an opportunity to Declare our financial Independence.
PS: I get very overly excited and I through the half cooked noodles of the idea against the fridge to see what falls off.... cause thats what needs more cooking! I plan to write a more formal letter on the implementation... but with alot of hard work we could do something special and would be remembered for the good it could do.
submitted by Bbwarfield to Bitcoin [link] [comments]

Bitcoins with creditcard in Canada

I used to be able to buy bitcoins on circle.com with my credit card (Canada). It no longer works, only available to u.s. Customers. Where else can I buy bitcoins for a decent price, without jumping through unnecessary hoops (like buying linden dollars first or liqpay etc)
submitted by TerreCiel to Bitcoin [link] [comments]

I lost $250 worth of BTC. Is the anything I can do?

So I have researched bitcoin for sometime. I've researched many ways to buy bitcoin. I was looking for the fastest most convenient way to buy. I first tried VirWox, buying Linden and then trading into BTC. I loved the idea, BUT I don't have an actual bank account. I use BlueBird from AMEX and WalMar Money Mastercard. I could not use on Virwox. So I decided to go to LocalBitCoins. I made a sucessful trade for $100 worth of BTC using BlueBird to BlueBird transfer. I then transferred the BTC to a wallet I had established. I was happy with the experience so I was going to save some extra $$ to trade. Fastforward 2 weeks I had an extra $250 and I knew what I wanted, BTC! So I logged on to my localbitcoins account and found a different seller that took BLueBird. Trade went thru after some communication and as soon as the BTC was released into my wallet within the SAME second it was sent to a Wallet I did not recognize!! I mean it was FAST! So i hit the localbitcoins forum site and was explained I had been a victim of phishing!! DAMN I FEEL DUMB!! Reflecting now after a few days passed I just can't wrap my head around how it was sent from my wallet so quickly after being released from the seller. I am asking for any insight or has anyone experienced this same bullshit?!
submitted by kiknwind223 to Advice [link] [comments]

Buying bitcoins with a credit card

As the title says, I would like to buy bitcoins with a credit card in the most simple/direct way possible. AFAIK there is a method which involves buying lindens and then converting to bitcoins, but would appreciate something less complex... It is a credit card BTW and can not be used as a debit card (so BitInstant, my usual go-to, is not an option) Thank you in advance for all your help!
submitted by usernamefailz to Bitcoin [link] [comments]

1,871 Linden Dollars From VirWoX For The Month Of June 2016 VirWoX April 2015 Linden Dollar Earnings ★ Second Life Second Life Linden Dollars ★ Got 2,204 Linden Dollars From VirWoX Buying Bitcoins with PayPal - VirWox - Better Don't ! Ganhe Linden Dollar Troque Paypal ou Bitcoin

From Bitcoin Wiki. Jump to: navigation, search. The Linden Dollar (L$) is used in the economy of the virtual world of Second Life. In the Second Life economy, residents buy and sell to one another directly using the Linden, This digital currency is exchangeable for US dollars and other currencies. The residents (read: users) can buy and sell services and virtual goods to one another in a free ... VirWoX operated for more than 12 years, first as a place to buy and sell Linden Dollars for Second Life, and since April 2011 our users also traded Bitcoin. That made VirWoX the world's oldest Bitcoin exchange after MtGox closed in 2014. We wish to thank our more than a million customers for their loyalty in all these years. Enquiries can still be sent to [email protected] If you came here ... To buy bitcoin with SEPA wire transfer, in most cases brokers would require of its clients to fully verify their accounts (scanned ID and utility bill, verified bank account, email, and phone). Traders from other regions of the world could also use the SEPA transfer if they have a bank account based in Europe. Buying BTC with SEPA: Exchanges Review. In this section, various exchanges will be ... HOW TO BUY BITCOIN. Coinbase makes it easy to convert your local currency into and out of bitcoin. On this page, you’ll learn how to buy bitcoin and store it securely in a wallet. Before you acquire bitcoins, though, you’ll need somewhere to access them. That’s where a bitcoin wallet comes in. Finding the Best Bitcoin Wallet for You. A bitcoin is not actually a tangible “coin,” and ... CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.. CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability. CEX.IO accepts deposits in USD, EUR, GBP, and RUB.

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1,871 Linden Dollars From VirWoX For The Month Of June 2016

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