Major Online Businesses That Accept Bitcoin As Payment ...

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
Some great introductions for new users are My first bitcoin, Bitcoin explained and ELI5 Bitcoin. Also, the following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
Also have to give mention to Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series. Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute. Bitcoin statistics can be found here, here and here. Developer resources can be found here, here and here. Peer-reviewed research papers can be found here. Potential upcoming protocol improvements here. Scaling resources here. The number of times Bitcoin was declared dead by the media can be found here (LOL!), and of course Satoshi Nakamoto's whitepaper that started it all! :)
Key properties of bitcoin

Where can I buy bitcoins?

Bitcoin.org, BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Gemini Bitstamp LocalBitcoins
Bitstamp Bitit Mycelium LocalTrader
BitFinex Cex.io LibertyX
Cex.io CoinMama WallofCoins
Xapo Spectrocoin BitcoinOTC
Kraken Luno BitQuick
itBit
HitBTC
Bitit
Bisq (decentralized)
Luno
Spectrocoin
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Samouari BreadWallet Electrum
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for some good options, some of the more commons ones are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, Overstock, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Hyphen.to, Coinsfer, More #1, #2 Bill payment
Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Streamium.io, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream, Rootstock and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/wdqni0y8s0341.jpg?width=900&format=pjpg&auto=webp&s=559305cbc911c17b0b4212cf34077649aaeff03b
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/extumj1as0341.jpg?width=1600&format=pjpg&auto=webp&s=0baec13d233184d8120339430294bcb3ef864b5d
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/zl82bhdbs0341.jpg?width=850&format=pjpg&auto=webp&s=ee97f03bb8499a2f82461a4c7a2f8edf32e3a5a4
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/hf0wsbgcs0341.jpg?width=1200&format=pjpg&auto=webp&s=223bf8720c1f36bc8fac9f18ea2e75fbb4758a3a
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/pzrux2ods0341.jpg?width=1159&format=pjpg&auto=webp&s=bed3fe83683076395fed7813c2cd57f5d76a5caa
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to Particl [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/g7tehbcqr0341.jpg?width=900&format=pjpg&auto=webp&s=fe80fbf90193be89c116cdb30ee460ea298d5f9e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/nt581mjrr0341.jpg?width=1600&format=pjpg&auto=webp&s=7e64c4f95c902fd7c05d8b06e2a3622dc69335cd
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/h9vkgaqsr0341.jpg?width=850&format=pjpg&auto=webp&s=e6cbc946e6e9504a01554bc3924fdf453da438d6
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/30y8m9dur0341.jpg?width=1200&format=pjpg&auto=webp&s=f262509d6389339d1c919932279c124a41be6623
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/cvldgmivr0341.jpg?width=1159&format=pjpg&auto=webp&s=4e6044aeddd1fb7baa7baa01e6efc7e7c9d0a403
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoCurrencies [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/dtnnh69g8u241.jpg?width=900&format=pjpg&auto=webp&s=063838691c5dad1a75139b97f001de8c4aacb101
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/a4t5engh8u241.jpg?width=1600&format=pjpg&auto=webp&s=06842c65b7327dab71952397a6371c289441dc6b
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/g0ur5lfj8u241.jpg?width=850&format=pjpg&auto=webp&s=0c8430fe184f1ef5dadda9facb0f664a32bc7a72
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/txycsugk8u241.jpg?width=1200&format=pjpg&auto=webp&s=6ac9faec7deb0b6fa5bd52128debbe96643f65ad
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/kbfcdnml8u241.jpg?width=1159&format=pjpg&auto=webp&s=624e7910029a25cbebbb2ef53bb3d05c2ee0ce02
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethereumnoobies [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/vub9kkc3bu241.jpg?width=900&format=pjpg&auto=webp&s=6ce5318173bae6642128286945be9a2ea3e70e4e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/kh52an84bu241.jpg?width=1600&format=pjpg&auto=webp&s=5fa8c9e22ee33cc26da9716f5191289c6e098de6
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/xt8s4325bu241.jpg?width=850&format=pjpg&auto=webp&s=184c213da750bc440a3cffe7d3f53b8e8d34bdcd
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/u8lg56h6bu241.jpg?width=1200&format=pjpg&auto=webp&s=89718777989c2cd93a4a0f4c988b6469b77316bb
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/lgekkrp7bu241.jpg?width=1159&format=pjpg&auto=webp&s=4b9314cd999f0e2346475b13b0b7f19be649a8cc
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Spending cryptocurrency in real life


https://preview.redd.it/40tl05q99u241.jpg?width=900&format=pjpg&auto=webp&s=86afe6aaa82da48496d39301b7219512222b03dc
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/0wpdgu6b9u241.jpg?width=1600&format=pjpg&auto=webp&s=8069e1e22561dbae313f74b9113fbec5ec0401a3
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/ub6bfrac9u241.jpg?width=850&format=pjpg&auto=webp&s=e5e28d0032030d488e62f0dd9d586a476f67fa45
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/2oltbpcd9u241.jpg?width=1200&format=pjpg&auto=webp&s=b9adebb7e37dccb00965c3f51e4dd1ae9df35513
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/iux2tbde9u241.jpg?width=1159&format=pjpg&auto=webp&s=50407e08f388b77c952f1068ba412c67d4d73ebd
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to Crypto_General [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/k8a64o2bt0341.jpg?width=900&format=pjpg&auto=webp&s=bb3846c50e83d7171b76b4a5d1ed9655d744e4e0
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/yde5cqxbt0341.jpg?width=1600&format=pjpg&auto=webp&s=d348935ca289b7dc29396d6f8ce509b414628485
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/2z12yw3dt0341.jpg?width=850&format=pjpg&auto=webp&s=83074b41a0c56bff9c7072adb1a2a07516e06b7a
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/i5ywojiet0341.jpg?width=1200&format=pjpg&auto=webp&s=f17be04f8f969d1cef45b9f7777674fffc7d5aa5
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/1yni3oqft0341.jpg?width=1159&format=pjpg&auto=webp&s=53441acab6c4dae058b843cbf2af72d235956bba
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoCluster [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/ldufepyb7u241.jpg?width=900&format=pjpg&auto=webp&s=a947e0548bf60f2d8b4b28c78396cc05c76c947f
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/uwt5lizd7u241.jpg?width=1600&format=pjpg&auto=webp&s=c9402c38d644285dddb4fff74e632bd5ff343535
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/46i871vf7u241.jpg?width=850&format=pjpg&auto=webp&s=df823350823da758f53a0bcb4577402efb2a4d80
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/7fuygybi7u241.jpg?width=1200&format=pjpg&auto=webp&s=761765a3e3fefc2343d4031891ef20c6603204e3
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/oz5wk3dk7u241.jpg?width=1159&format=pjpg&auto=webp&s=bc7cd5b3e99c28e64edb0f4e82c42c6cf0ea4def
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoBeginners [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/xbhapukss0341.jpg?width=900&format=pjpg&auto=webp&s=d2e333ecc3050402af5671e3263d262b95c9d1f7
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/p6p2mn7us0341.jpg?width=1600&format=pjpg&auto=webp&s=b2f9d66ef51481af16a5a6db251f6f3e1efdb31b
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/rl4btlmvs0341.jpg?width=850&format=pjpg&auto=webp&s=d3dc04470015e5db19de68c0a7ceb97a20fa5fa0
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/c9zrdusws0341.jpg?width=1200&format=pjpg&auto=webp&s=da76fcd436c04fbd38324bd4a60f5844ed3c2e66
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/xzq1tf4ys0341.jpg?width=1159&format=pjpg&auto=webp&s=28ab30982d35919653307870b20f2bdf8deff02f
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethdev [link] [comments]

Bolton Coin STO – BFCL

Bolton Coin STO – BFCL
Why Bitcoin is Here to Stay

https://preview.redd.it/ci8faevto4o21.png?width=737&format=png&auto=webp&s=f1352f1f032e6156152edc091ff178ab802f19ff
A decade into its launch and hovering at over $3.4 K USD per coin, the ruler of cryptocurrencies, Bitcoin, has undergone a fascinatingly transformative rise, fall, and period of normalization. The foundation of cryptocurrencies and blockchain technology has a strong public appeal, but there are those that question Bitcoin’s endurance with concerns of longevity, volatility, and fear of an uncertain financial future.
Leaders in finance have given their own impassioned opinions. Venture capitalist Tim Draper calls it “the greatest technology since the internet.” Christine Lagarde, head of the International Money Fund, praises the innovation and security of cryptocurrency and sees it as the future of finance. Flip the coin and Bitcoin has naturally drawn enmity from big-bank opponents such as JP Morgan CEO Jamie Dimon, who threatened that any JP Morgan trader caught buying Bitcoin would be “fired in a second.” As with any argument, we’re left wondering who is right.
But oblivious to the chatter, Bitcoin doesn’t have mathematically-constructed ears and they sure aren’t burning. Thus, it has carried on.

Transparency and Security

In 2017, Dimon referred to Bitcoin as a “fraud.” He later rescinded his statement, but in looking at the very essence of Bitcoin’s differences from the FIAT system, Bitcoin by its very nature is likely the most genuine form of currency ever invented. The introduction of Bitcoin following the 2008 financial crisis seemed to be an answer that could shackle government manipulation. As Wall Street’s seedy activities plunged the US into the Great Recession, many lost nearly everything, and only one executive served a sentence. The response was Bitcoin, where every single transaction, each secure and resistant of any form of manipulation, is recorded via blockchain technology and is built on a system of mathematical proof, stamping each transaction as wholly legitimate.

Resilience

Time is the purest test of fate. Ponzi schemes, get-rich-quick fads, and meaningless tech show their true nature quickly, but Bitcoin, even with its up-and-down volatility, has garnered both steady and growing public interest. Digital currency ATMs are blooming in locations worldwide, offering users of any level of cryptocurrency knowledge an easy way to buy and sell Bitcoin and other cryptocurrencies. While direct purchases are less common, they are increasing, and with major outlets. Overstock, Expedia, and opting Shopify merchants are now all able to accept Bitcoin, and you can even buy real estate with the digital currency.

Ease of Use and Bitcoin’s Underlying Advantages

Once the waters are tested and a fundamental knowledge is achieved, buying, selling, and investing in Bitcoin is incredibly easy. Digital platforms – most accessible by smartphones – make Bitcoin simple for users, which, in an era where an overwhelming amount of the population values their time, is increasingly priceless.
Advantages of Bitcoin come in many forms, including decentralisation, low transaction costs, ease-of-use for transactions abroad, trustless autonomy without the need for intermediaries, and inflation-resistant safeguards. The list here goes on and on and on.
Bitcoin’s fate will ultimately be up to us. But judging its tenacity and appeal thus far, it looks as if Bitcoin will keep climbing the finance ladder.
For BOLTON coin STO , the DIVERSIFICATION is the key of Consistent and Sustainable Profits. Bitcoin mining represents a really important business unit for BOLTON Coin, that combined to the others two (trading of commodities, real estate), makes an extremely profitable investment solution.
In this smart way, BOLTON Coin is not just exposed to a single market with the associated risks but it mixes solid profits from all the business, guaranteeing to investors a large share of their profits.
BOLTON Coin is a Security token offering (STO) program that enables anyone to get the unique chance to participate in the core business of the company, through the tokenization of an unattainable market, so far restricted to only institutional investors.
https://bfclcoin.com/
submitted by danilhadiwinata to TradeIOICO [link] [comments]

Bolton Coin STO – BFCL

Bolton Coin STO – BFCL
Why Bitcoin is Here to Stay

https://preview.redd.it/mya84ipdo4o21.png?width=737&format=png&auto=webp&s=b66535bebc3fec8322a1927d0b833487f9afe1a3
A decade into its launch and hovering at over $3.4 K USD per coin, the ruler of cryptocurrencies, Bitcoin, has undergone a fascinatingly transformative rise, fall, and period of normalization. The foundation of cryptocurrencies and blockchain technology has a strong public appeal, but there are those that question Bitcoin’s endurance with concerns of longevity, volatility, and fear of an uncertain financial future.
Leaders in finance have given their own impassioned opinions. Venture capitalist Tim Draper calls it “the greatest technology since the internet.” Christine Lagarde, head of the International Money Fund, praises the innovation and security of cryptocurrency and sees it as the future of finance. Flip the coin and Bitcoin has naturally drawn enmity from big-bank opponents such as JP Morgan CEO Jamie Dimon, who threatened that any JP Morgan trader caught buying Bitcoin would be “fired in a second.” As with any argument, we’re left wondering who is right.
But oblivious to the chatter, Bitcoin doesn’t have mathematically-constructed ears and they sure aren’t burning. Thus, it has carried on.

Transparency and Security

In 2017, Dimon referred to Bitcoin as a “fraud.” He later rescinded his statement, but in looking at the very essence of Bitcoin’s differences from the FIAT system, Bitcoin by its very nature is likely the most genuine form of currency ever invented. The introduction of Bitcoin following the 2008 financial crisis seemed to be an answer that could shackle government manipulation. As Wall Street’s seedy activities plunged the US into the Great Recession, many lost nearly everything, and only one executive served a sentence. The response was Bitcoin, where every single transaction, each secure and resistant of any form of manipulation, is recorded via blockchain technology and is built on a system of mathematical proof, stamping each transaction as wholly legitimate.

Resilience

Time is the purest test of fate. Ponzi schemes, get-rich-quick fads, and meaningless tech show their true nature quickly, but Bitcoin, even with its up-and-down volatility, has garnered both steady and growing public interest. Digital currency ATMs are blooming in locations worldwide, offering users of any level of cryptocurrency knowledge an easy way to buy and sell Bitcoin and other cryptocurrencies. While direct purchases are less common, they are increasing, and with major outlets. Overstock, Expedia, and opting Shopify merchants are now all able to accept Bitcoin, and you can even buy real estate with the digital currency.

Ease of Use and Bitcoin’s Underlying Advantages

Once the waters are tested and a fundamental knowledge is achieved, buying, selling, and investing in Bitcoin is incredibly easy. Digital platforms – most accessible by smartphones – make Bitcoin simple for users, which, in an era where an overwhelming amount of the population values their time, is increasingly priceless.
Advantages of Bitcoin come in many forms, including decentralisation, low transaction costs, ease-of-use for transactions abroad, trustless autonomy without the need for intermediaries, and inflation-resistant safeguards. The list here goes on and on and on.
Bitcoin’s fate will ultimately be up to us. But judging its tenacity and appeal thus far, it looks as if Bitcoin will keep climbing the finance ladder.
For BOLTON coin STO , the DIVERSIFICATION is the key of Consistent and Sustainable Profits. Bitcoin mining represents a really important business unit for BOLTON Coin, that combined to the others two (trading of commodities, real estate), makes an extremely profitable investment solution.
In this smart way, BOLTON Coin is not just exposed to a single market with the associated risks but it mixes solid profits from all the business, guaranteeing to investors a large share of their profits.
BOLTON Coin is a Security token offering (STO) program that enables anyone to get the unique chance to participate in the core business of the company, through the tokenization of an unattainable market, so far restricted to only institutional investors.
https://bfclcoin.com/
submitted by danilhadiwinata to u/danilhadiwinata [link] [comments]

Cryptocurrency Weekly Recap

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

My LTC wishes for 2014 : MtGox, ZipZap, Coinbase, Coinkite, Bitcoiniacs, Coinkite, Lamassu ATMs and so much more...

What I expect for the new year :
Well, I think it will be enough for the first part of the new year... And you, what do you expect for the new year ? (I may have been a little shy about my predictions...)
Happy end-of-year celebration from Paris, France.
submitted by notsogreedy to litecoin [link] [comments]

What is Bitcoin? A Step-By-Step Guide For Beginners An in-depth guide by BlockGeeks

An in-depth guide by BlockGeeks
Content available at: http://bit.ly/smarterspending
If you want to know what is Bitcoin, how you can get it and how it can help you, without floundering into technical details, this guide is for you. It will explain how the system works, how you can use it for your profit, which scams to avoid. It will also direct you to resources that will help you store and use your first pieces of digital currency.
What is Bitcoin in a nutshell Small wonder that Bitcoin emerged in 2008 just after Occupy Wall Street accused big banks of misusing borrowers’ money, duping clients, rigging the system, and charging boggling fees. Bitcoin pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fees, and make transactions transparent, to hack corruption and cut fees. They created a decentralized system, where you could control your funds and know what was going on.
Bitcoin has come far in a relatively short time. All over the world, companies, from REEDS Jewelers, a large jewelry chain in the US, to a private hospital in Warsaw, Poland, accept its currency. Billion dollar businesses such as Dell, Expedia, PayPal, and Microsoft do, too. Websites promote it, publications such as Bitcoin Magazine publish its news, forums discuss cryptocurrency and trade its coins. It has its application programming interface (API), price index, and exchange rate.
Problems include thieves hacking accounts, high volatility, and transaction delays. On the other hand, people in third world countries may find Bitcoin their most reliable channel yet for giving or receiving money.
What is Bitcoin in-depth? At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your cryptocurrency. Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.
Bitcoin Transactional properties:
1.) Irreversible: After confirmation, a transaction can‘t be reversed. By nobody. And nobody means nobody. Not you, not your bank, not the president of the United States, not Satoshi, not your miner. Nobody. If you send money, you send it. Period. No one can help you, if you sent your funds to a scammer or if a hacker stole them from your computer. There is no safety net.
2.) Pseudonymous: Neither transactions or accounts are connected to real world identities. You receive Bitcoins on so-called addresses, which are randomly seeming chains of around 30 characters. While it is usually possible to analyze the transaction flow, it is not necessarily possible to connect the real world identity of users with those addresses.
3.) Fast and global: Transaction is propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesn‘t matter if I send Bitcoin to my neighbour or to someone on the other side of the world.
4.) Secure: Bitcoin funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. A Bitcoin address is more secure than Fort Knox.
5.) Permissionless: You don‘t have to ask anybody to use cryptocurrency. It‘s just a software that everybody can download for free. After you installed it, you can receive and send Bitcoins or other cryptocurrencies. No one can prevent you. There is no gatekeeper.
Judd Bagley: What is BlockchainThe creator of bitcoin figured out a way to let two entities confidently trade directly with one another, without the need to rely on all these intermediaries. The key is mathematics. As long as we both trust in math, we can be confident the exchange to occur as expected.
Bitcoin uses public key cryptography and an innovative approach to bookkeeping to achieve the authorization, balance verification, prohibition on double spending, delivery of assets and record inalterability described above. And it happens in near real time at no cost.
Cryptography ensures authorization. You need a private key to transact. And your key is complex enough that it would take the best computer longer than the earth has existed to crack it. In other words, it’s essentially unhackable.
– Director of Communications at Overstock.com and Chief Evangelist at t0.com
Where can I find Bitcoins? First, we would recommend you read this in-depth guide for buying Bitcoin.
You can get your first bitcoins from any of these four places.
A cryptocurrency exchange where you can exchange ‘regular’ coins for bitcoins, or for satoshis, which are like the BTC-type of cents. Resources: Coinbase and LocalBitcoins in the US & Canada, and BitBargain UK and Bittylicious in the UK. A Bitcoin ATM (or cryptocurrency exchange) where you can change bitcoins or cash for another cryptocurrency. Resources: Your best bets are BTER and CoinCorner A classified service where you can find a seller who will help you trade bitcoins for cash. Resources: The definitive site is LocalBitcoins. You could sell a product or service for bitcoins. Resources: Sites like Purse. Caution! Bitcoin is notorious for scams, so before using any service look for reviews from previous customers or post your questions on the Bitcoin forum.
How does Bitcoin work? Without getting into the technical details, Bitcoin works on a vast public ledger, also called a blockchain, where all confirmed transactions are included as so-called ‘blocks.’ As each block enters the system, it is broadcast to the peer-to-peer computer network of users for validation. In this way, all users are aware of each transaction, which prevents stealing and double-spending, where someone spends the same currency twice. The process also helps blockchain users trust the system.
“Unlike traditional currencies, which are issued by central banks, Bitcoin has no central monetary authority. Instead it is underpinned by a peer-to-peer computer network made up of its users’ machines, akin to the networks that underpin BitTorrent, a file-sharing system, and Skype, an audio, video and chat service. Bitcoins are mathematically generated as the computers in this network execute difficult number-crunching tasks, a procedure known as Bitcoin “mining”. The mathematics of the Bitcoin system were set up so that it becomes progressively more difficult to “mine” Bitcoins over time, and the total number that can ever be mined is limited to around 21 million. There is therefore no way for a central bank to issue a flood of new Bitcoins and devalue those already in circulation.”
What is Bitcoin? A Step-By-Step Guide For BeginnersSave How can I store my bitcoins? To see how the system works, imagine someone called Alice who’s trying out Bitcoins. She’d sign up for a cryptocurrency wallet to put her bitcoins in.
The Bitcoin Wallets
There are three different applications that Alice could use.
Full client – This is like a standalone email server that handles all aspects of the process without relying on third-party servers. Alice would control her whole transaction from beginning to end by herself. Understandably, this is not for beginners. Lightweight client – This is a standalone email client that connects to a mail server for access to a mailbox. It would store Alice’s bitcoins, but it needs a third-party-owned server to access the network and make the transaction. Web client – This is the opposite of “full client” and resembles webmail in that it totally relies on a third-party server. The third party replaces Alice and operates her entire transaction. You’ll find wallets that come in five main types: Desktop, mobile, web, paper and hardware. Each of these has its advantages and disadvantages.
How do I buy and sell stuff with Bitcoins? Here’s the funny thing with Bitcoins: there are no physical traces of them as of dollars. All you have are only records of transactions between different addresses, with balances that increase and decrease in their records that are stored on the blockchain.
To see how the process works, let’s return to Alice.
Example of a Bitcoin transaction
Alice wants to use her Bitcoin to buy pizza from Bob. She’d send him her private “key,” a private sequence of letters and numbers, which contains her source transaction of the coins, amount, and Bob’s digital wallet address. That “address” would be another, this time, the public sequence of letters and numbers. Bob scans the “key” with his smartphone to decode it. At the same time, Alice’s transaction is broadcast to all the other network participants (called “nodes”) on her ledger, and, approximately, ten minutes later, is confirmed, through a process of certain technical and business rules called “mining.” This “mining” process gives Bob a score to know whether or not to proceed with Alice’s transaction.
The transaction between Alice and Bob
What is Mining? Mining, or processing, keep the Bitcoin process secure by chronologically adding new transactions (or blocks) to the chain and keeping them in the queue. Blocks are chopped off as each transaction is finalized, codes decoded, and bitcoins passed or exchanged.
Miners can also generate new bitcoins by using special software to solve cryptographic problems. This provides a smart way to issue the currency and also provides an incentive for people to mine.
The reward is agreed-upon by everyone in the network but is generally 12.5 bitcoins as well as the fees paid by users sending transactions. To prevent inflation and to keep the system manageable, there can be no more than a fixed total number of 21 million bitcoins (or BTCs) in circulation by the year 2040, so the “puzzle” gets increasingly harder to solve.
What do I need to know to protect my Bitcoins? Here are four pieces of advice that will help your bitcoins go further.
As you’d do with a regular wallet, only store small amounts of bitcoins on your computer, mobile, or server for everyday uses, and keep the remaining part of your funds in a safer environment.
Backup your wallet on a regular basis and encrypt your wallet or smartphone with a strong password to protect it from thieves (although, unfortunately, not against keylogging hardware or software). Store some of your bitcoins in an offline wallet disconnected from your network for added security. Think of this as a bank, while you, generally, keep only some of your money in your wallet. Update your software. For added protection, use Bitcoins’ multi-signature feature that allows a transaction to require multiple independent approvals to be spent.
Spending some time on these steps can save your money.
We recommend the Nano Ledger S – Hardware Wallet
Nano Ledger S is just as secure as the other two hardware wallets. It is popular because of its relatively low price of $65 compared to its competitors. Being smaller than KeepKey, it is more portable and easier to carry around. It is a hardware wallet that comes at a very competitive price.
What else do I need to know? Protect your address: Although your user identity behind your address remains anonymous, Bitcoin is the most public form of transaction with anyone on the network seeing your balances and log of transactions. This is one reason why you should change Bitcoin addresses with each transaction and safeguard your address. You can also use multiple wallets for different purposes so that your balance and transaction history remain private from those who send you money.
Your confirmation score: As said, you receive a confirmation score of about 10 minutes before you make your purchase. Different wallets have their own reading.
Government taxes and regulations: Government and local municipalities require you to pay income, sales, payroll, and capital gains taxes on anything that is valuable – and that includes bitcoins. The legal status of Bitcoin varies from country to country, with some still banning its use. Regulations also vary with each state. In fact, as of 2016, New York state is the only state with a bitcoin rule, commonly referred to as a BitLicense.As shown in the Table above, zero is the least with the number 3 being the most reliable for average bitcoin transfers. If you’re sending or paying for, something valuable, wait until you, at least, receive a 6.
What are the disadvantages of Bitcoin? Bitcoin got off on the wrong foot by claiming an apocryphal person (or persons), Satoshi Nakamoto as its founder. Nakamoto has never been found.
Regarding more practical concerns, hacking and scams are the norms. They happen at least once a week and are getting more sophisticated. Bitcoin’s software complexity and the volatility of its currency dissuade many people from using it, while its transactions are frustratingly slow. You’ll have to wait at least ten minutes for your network to approve the transaction. Recently, some Reddit users reported waiting more than one hour for their transactions to be confirmed.
Scams to watch out for
The four most typical Bitcoin scams are Ponzi schemes, mining scams, scam wallets and fraudulent exchanges.
Ponzi Scams: Ponzi scams, or high-yield investment programs, hook you with higher interest than the prevailing market rate (e.g. 1-2% interest per day) while redirecting your money to the thief’s wallet. They also tend to duck and emerge under different names in order to protect themselves. Keep away from companies that give you Bitcoin addresses for incoming payments rather than the common payment processors such as BitPay or Coinbase. Bitcoin Mining Scams: These companies will offer to mine outrageous amounts of bitcoin for you. You’ll have to pay them. That’s the last you’ll see of your money (with no bitcoins to show for it, either). Bitcoin Exchange Scams: Bitcoin Exchange Scams offer features that the typical bitcoin wallets don’t offer, such as PayPal/Credit Card processing, or better exchange rates. Needless to say, these scams leave you in the hang while they siphon your dollars. Bitcoin Wallet Scams: Bitcoin scam wallets are similar to online wallets – with a difference. They’ll ask you for your money. If robbers like the amount, that’s the last you’ll see of your deposit. The address, in other words, leads to them, rather than to you. Of all of these, wallet scams are the most popular with scammers managing to pinch millions.
What are the advantages of Bitcoin? The best thing about Bitcoin is that it is decentralized, which means that you can settle international deals without messing around with exchange rates and extra charges. Bitcoin is free from government interference and manipulation, so there’s no Federal Reserve System‍ to hike interest rates. It is also transparent, so you know what is happening with your money. You can start accepting bitcoins instantly, without investing money and energy into details, such as setting up a merchant account or buying credit card processing hardware. Bitcoins cannot be forged, nor can your client demand a refund.
It’s small wonder that users call Bitcoin “Money 2.0” or that Bill Gates called it “a techno tour de force
An in-depth guide by BlockGeeks
Content available at: http://bit.ly/smarterspending
submitted by smartspender to u/smartspender [link] [comments]

Bitcoin Trading Intelligence [09.01.15]

Hope all is well guys. Our third Intelligence report is out. Again, thank you all very much for the feedback on our last Bitcoin Trading Intelligence newsletter. We hope we were able to address some of the issues from last time. Feedback and any other comments are welcome.
If you like this and want more, you can now reserve your spot in our Bitcoin Trading Intelligence platform. We haven't figured out pricing for the course yet. I would appreciate if you guys took a look at the Bitcoin Trading Intelligence platform and let me know what you think is a fair price for this. BTCVIX is our trader and with his real time alerts subscribers have a chance of making some serious money
Bitcoin in August
August has witnessed the rapid devaluation of Bitcoin, accelerated by fundamental data and augmented by technical glitches. The possible forking on the minds of the Bitcoin community, the repeated blows following the Mt Gox disaster and the effects of the BitLicense have cast a bearish shadow over the market which resulted in a month that managed to breach significant lows.
“After the stunning price action of the last couple weeks we have seen BTCUSD grind up the traders seeing patterns that aren’t there, complete chopfest. Rather than whittling away hard earned profits remember NO position IS a position — just need to know when them time is. Just like me, many other traders in the Whaleclub believe that sometimes not trading is a right decision and people should appreciate that.” BTCVIX, Professional Bitcoin Trader
Post the flash crash last week, the market has tested 200 and has been on a correction curve ever since. With many countries calling for increased regulation, let’s see how market emotions fared last week.
Nigeria’s central bank has called for Bitcoin regulation in order to stop money laundering and avoid international penalties. Dr. Okwu Nnanna the governor of the financial system at Nigeria’s Central Bank has cited that cryptocurrencies have no borders and hence are an easy channel for money laundering and thus there is a need to monitor them. AB 1236, a proposed California law to regulate virtual currencies has faced lot of opposition from industry lawyers.
It has now been amended saying companies that take ‘full custody’ of the currency are to be licensed and the bill is being backed by other major companies who are mostly made up of software developers. Another important country to look out for whose ecommerce demographic can play a pivotal role in the development of bitcoin system would be India.
With major companies like Microsoft and IBM backing bitcoin based startups, the Governor of RBI has made it clear that cryptocurrencies are being observed for now and would be regulated in the future.
The collapse of Mt Gox has racked up many controversies and the latest one, the arrest of Mark Karpeles, is over the issue of a fresh warrant for allegations that he has pocketed over $2.6 million from the company funds of Mt Gox. While Japan’s cryptocurrency scenario is restructuring for the best after the impact of Mt Gox, the Japanese Government has decided to regulate cryptocurrencies so as to avoid the risk of money laundering and terrorist funding.
How these coordinated regulations among different countries would affect/aid the growth and development of bitcoin is to be seen. While the ‘one-off’ depreciation of the Chinese Yuan has beaten the stock markets down in the USA and China, BTC China’s Greg Wolfson has remarked that the corresponding dip in prices in bitcoin is not devastating and in the times of uncertainty just like Gold, people are turning towards bitcoin as their safe haven.
The immediate correction after the dip is being seen as people hedge their positions in bitcoin.
Meanwhile on the Korean front, things are looking bright with a new exchange traded fund (ETF) tracking the value of bitcoin planned for launch on Korea Exchange next year.
This news coupled with Korean Bitcoin Exchange ‘Korbit’ announcing the launch of Bitwire, which allows people to send money using Bitcoin to any Korean bank account in less than two hours, the bitcoin ecosystem in Korea is trending towards a positive position.
On the European continent, the sentiment is consolidating with the launch of Mycelium Gear with Cashila’s API being integrated, this enables merchants to accept bitcoins that are automatically converted to Euros.
The financial crisis in Greece is here to stay for some time and bitcoin services providers like Cubit are trying to do what they can to help. Cubit in coordination with BTC-Greece is helping Greek citizens move their money out of the country to business partners and suppliers.
The aim is to try and work around the various capital controls that have been enforced in Greece in the hope that some private businesses can get back up and running once more. They have plans to install 1000 ATMS in order to make the this work. Even in the Black Sea Basin there are more than 13,600 locations where you can access bitcoin related stores, ATM and service providers.
On a corporate front, things have been picking up pace with Intel expressing its intention to unify the Internet of Things with bitcoin transactions. World Wide Web creator Tim-Berners-Lee leads the W3C to establish online payment standards, including Bitcoin, another sign of positive acceptance.
UBS’s Alex Batlin’s statements about Blockchain, saying that the technology will be an opportunity or threat to companies like UBS basing on how quick they act on it, has once again clarified that the technology is here to stay and is slowly gaining traction.
Patrick Byrne, the founder of Overstock.com, has acquired a broker-dealer firm built deep into the DNA of Wall Street. When the technology at the center of the acquisition is switched on, Byrne said, it will mark the first time the decentralized ledger behind bitcoin is plugged directly into Wall Street. This way it will be possible to bridge the gap between bitcoin technology and the blockchain.
With Coinbase reaching a valuation of $1 billion, it is listed as one of the top 50 tech startups in the USA. Fortifying their market share, they have launched services to purchase bitcoins through debit cards and credit cards and most recently launched in Canada.
While the service providing companies are doing well, the exchanges have taken a back step last week. The Bitfinex trade engine was blamed for the flash crash and many people experienced problems with exiting their positions during the crash, Australian Exchange, iGot, halted their trading activity and this has led to angst among its traders and customers.
So in conclusion, it is fair to say this past week of has seen lots turmoil in bitcoin trading with loads of negative factors contributing to the market sentiment bearish.
Long Term Technical Analysis
On a weekly scale, the market has tested its long term support level at 200 and retraced quickly to 227. The bearish arc of this swing was a strong move ranging over a month, driven by fundamental factors. The Bollinger bands in the weekly chart still remain parallel showing that the market is in bounds and judging by the regression lines, is setting up for a bull trend after consolidation.
On a long term scale, RSI is approaching oversold region while MACD just took a bearish turn crossing the signal line. Since the market is yet to consolidate, taking a long term position right as of now wouldn’t be feasible. Short term trades around 224 region with stop loss around the lows of previous week’s candle, targeting 5 SMA would be feasible. Long term trades can be planned on basis of consolidation. As soon as both Bollinger and 5 SMA become trending in the upward direction after significant consolidation, entering into trades with a long term plan would be profitable. Proper entry points for such trades would be around 220 region with stops below 217. With Market trending, possible exit points could be 266, 300 and 317.
If the market breaks out on the downside, breaking the support zone at 200, possible targets can be 157 and further drop in prices would seem likely.
Midterm Technical Analysis
In the daily chart, the support encountered around 217 region was breached and market has now found long term support at 200. With the Bollinger bands and SMA’s pointing downwards, the setup is going to remain bearish for some time until a base of consolidation is formed. The descending triangle as shown in the daily chart between the downward trend line and support line at 200 might possibly see good number of volumes being traded in the coming days. In which direction the break out would be or the setup would change will depend on how the market approaches the vertex of the triangle.
If the Bollinger bands and short term SMA’s don’t straighten out or change direction, the break out might as well be in the downward direction, continuing the set trend. The MACD is about to cross the signal line and turn bullish, RSI has crossed 30 from the downside indicating impending bullishness in the market but when the bull run takes off is to be seen.
In the medium term, it appears that it is going to be bearish/sideways for some time. Shorting opportunities at the trend line and retracement trades with 5 SMA as support hold good potential.
Short term Technical Analysis
On a short term scale, the market has retraced over 220 levels and is expected to trade in this range for some time before either consolidating and going for a reversal or crashing down further more.
We can observe that 100 SMA is offering good support and market has not been able to go beyond 34 SMA. Picking longs over 100 SMA with 34 SMA as target would be a good short term trade. With the Bollinger bands and SMA’s still pointing downwards and higher time frame charts supporting, shorting around 34 SMA would be a good option.
The possible targets for such trades would be 100 SMA and if the market gets further trendy, a crash down back to 200 levels can also be expected, although these trades have to be done with tight stop loss. The MACD and RSI don’t give much indication as the market is sideways in the short term and retracing.
Sentiment Analysis
This week saw a lot of action with countries announcing regulation moves and unveiling of technologies which ease bitcoin and blockchain adoption. While the sentiment was bearish majorly, let’s take a look at what happened in the market:
The Bank of England has announced that Bitcoin is ‘harder money’ than Gold because of Deflation. During a presentation on digital currencies, Andy Haldane, Chief Economist and the Executive Director of Monetary Analysis and Statistics of the Bank of England stated the above statement explaining that sustained adoption would see ongoing deflation.
An article from ibtimes has given a thorough analysis of how adopting blockchain technology to the existing banking system would be difficult and how Deutsche bank’s economist sees blockchain as a threat because of the lack of the IT infrastructure to support the technology involved. On educational front, Stanford has joined NYU and Duke University in offering bitcoin course, Princeton has launched its own bitcoin course on Coursera, strengthening the sentiment that cryptocurrencies are here to stay and further studies and research in these fields embedded into the course work is a strong possibility.
On the technological front, with e-coin launching Bitcoin Debit card affiliate program, which aims at bridging the gap between traditional financial services and bitcoin, it’s now possible to load bitcoins into debit cards and make payments for the transactions. With Coinbase also enabling purchase of bitcoin through debit-card/credit-card, we are now in a transformative phase where the traditional financial services are being used to develop and adopt systems that would be framework for the future bitcoin usage.
How the technology will evolve to accommodate or change the traditional banking system is to be seen.
Developments in Blockchain
On August 20th, Nasdaq revealed its plans with the underlying technology of Bitcoin and Blockchain. In an interview with efinancialnews Fredrik Voss, Vice President and head of Blockchain strategy at Nasdaq answered questions about how the program is progressing and what other applications Nasdaq is thinking of.
Nasdaq is planning to launch the private market initiative later this year and is clearly looking at commercial uses for the Blockchain now. The application of distributed ledgers in financial markets for things like settlement and custody, to create efficiency in back-office processes is the primary aim.
Another application of Blockchain this week would be the launch of John McAfee SwiftMail which is a new free peer-to-peer, proof-of-work, encrypted mail system that uses the technology underlying Bitcoin to replace email. The system is said to have very high encryption as privacy is one of the key aspects of SwiftMail.
Technocorner
On the techspace, what has been hogging all the limelight is the new chip for Antminer S7 by Bitmain that is believed to be more powerful than its predecessor. Bitmain, the bitcoin mining ASIC provider, announced on August 20th it is launching its fourth-generation ASIC, the BM1385. This chip is claimed to generate a 45 percent increase in hashrate while needing 50 percent less electricity than its former chip, the BM1384.
Another interesting development would be Netcoins which can supposedly turn any device (iPad, Android devices) into a bitcoin ATM. It is ideally designed for retailers to enable transactions in bitcoin and attract tech savvy customers.
News that’s also been doing rounds is about the Mike Tyson ATM. While initially the prospect was heralded to be a scam, the ATM was launched in Las Vegas with Bitcoin Direct backing the launch.
While security threats in Windows 10 has put the wallet developers in a tight situation, the iOS space is now crowded with launch of new wallets everyday making it hard for the users to choose from the many apps. Most people believe that the advanced bitcoin demographic belongs to iOS users and this is the primary reason for the competition while some say that the lack of a secure wallet in Android and security issues with Windows has led to this development.
For the same report with the Technical Graphs please see the original post: Bitcoin Trading Intelligence: September 1st, 2015
submitted by blockstreet_ceo to BitcoinMarkets [link] [comments]

Overstock.com founder & CEO Patrick Byrne talks about Bitcoin and Ethereum!! Bitcoin ATM's profits and cost BREAKDOWN $$$ Bitcoin ATM Near Me - YouTube How to Buy Bitcoins at a Bitcoin ATM bitcoin atm near me - YouTube

Listen to Article JANUARY 9, 2020 / 16:30 UTC LONDON (Fintech Zoom) – Bitcoin ATM Locations – A lot of people are entering in the market of bitcoin, they are preferring to use bitcoin as payment method rather than money, especially in the areas of United States.To cope with the increasing demand, machine called as bitcoin ATMs are manufactured to entertain users. Home wares on Overstock. Many ask if Amazon accepts cryptocurrency. It doesn’t, but Overstock has jumped on the Bitcoin bandwagon! Charming handmade items on Etsy. Not all vendors on Etsy accept cryptocurrency, but they can if they want to, and many do! That warm, fuzzy feeling by donating to the Wikimedia Foundation. Their Wikipedia website ... Bitcoin ATMs generally serve a less sophisticated clientele, according to industry experts. The machines charge steep fees – up to 12 percent – and rarely require more than a cellphone number to establish an identity. Bitcoin ATM companies have moved aggressively into areas that are underserved by banks. Bitcoin ATM machine in Midvale at Overstock – CoinOutlet Installed on February 15, 2017 Warning: According to Overstock representative, bitcoin ATM is no longer located here. While bitcoin and other cryptocurrencies tend to be speculative investments that people hold, buy and sell to build a diversified portfolio, it’s also becoming increasingly possible to spend bitcoin on everyday things.. Convert your coins to cash via ATMs. See our map above and the searchable list at the end of this article. As a reference, Coinsource is one cryptocurrency ATM operator in ...

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Overstock.com founder & CEO Patrick Byrne talks about Bitcoin and Ethereum!!

Bitcoin ATM company in the United States servicing St. Louis Missouri, Atlanta Georgia, Philadeplphia Pennsylvania, Columbus Ohio, Dayton Ohio, Cincinnati Oh... https://www.bitcoinofamerica.org/bitcoin-atm-locations/ The popularity of digital currencies is known to most at this point, one can easily see this for them... This is a video a shot of one of my homeboys making a wise investments in Bitcoins aka BTC. Not all Bitcoin ATM machines are the same, there are many different ones. This is a Tao machine ... Bitcoin ATM In Malaysia i Received 500$ From Bitcoin ATM - Duration: 0:57. Lahori Tardka Tv 751 views. 0:57 . Starting My Bitcoin ATM Business Part 5.. Software Config - Duration: 3:00. Derek ... Quick instructional video on how to use a ModernTender Bitcoin ATM. Find all of our locations @ ModernTender.com Don't forget to subscribe for more Bitcoin & Cryptocurrency talks.

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