UseTheBitcoin Most Important Bitcoin & Cryptocurrency News
UseTheBitcoin Most Important Bitcoin & Cryptocurrency News
4 Ways to Use Bitcoin - wikiHow
Getting started - Bitcoin
How to Buy and Use Bitcoin in 2020 (Step by Step Guide)
10 Smart Ways To Use Bitcoin - Smart Bitcoin Investments
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
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Can someone explain to me how using bitcoin to buy commodities/services is fair for either party if the price is constantly changing?
I know it’s not as volatile at the moment, but still, if I pay $10 for something now, it could be $9 or $11 within the next hour, and obviously worse case scenario, it could be $0. Either way, one of the two parties is going to be at a disadvantage in a bitcoin transaction, so why are people ok using it in its current state? Am I missing something?
That moment when you appreciate how useful Bitcoin really is..
Yesterday I went to the bank to make a international wire transfer to Bitstamp. My account is with Bank of America. So I get there, have to wait 30 minutes to see a banker. Okay thats cool. I sit down, and tell him I have to do a international wire transfer. He tells me its going to be a $45 dollar fee (damn right, thats alot just to transfer money). I said okay and he started asking the information where the money is going. I tell him its going to Bitstamp Limited, and he asks which country the company is in and I tell him the UK. Then He asks for the bank info where the wire is going to and I tell him the info that Bitstamp gives you. The dude started tripping because they are banking in a different country and starts telling me this is really fishy to be banking in a different country blah blah. And I know Bitstamp is reputable and they aren't a scam but after I tell the guy "Well as long as my wire goes through I don't really care" he goes ahead and does it. It's like in banking you really have no privacy, some random stranger gets to see my whole account balance, and I feel like I have no control over my money. It's at that moment I realized how useful Bitcoin really is because with Bitcoin noone sees my account balance if they don't know my address, and I have control over my own money without having to deal with bankers and wait 45 minutes just to finish signing papers, giving my id, and talking to some random guy who is just a scrub working for a bank. $45 to send money, gotta wait like an hour just to send the money, gotta sign papers, show id, have some random guy look at your account. With Bitcoin its close to $0 fee, instant transaction, control over your own account, no paperwork, just so simple. God, I love Bitcoin.
If you're stressed out by Bitcoin 20% price drop , Watch this video by Mike Maloney on how the government, Federal reserve and the treasury and the big banks has robbed our freedom and wealth using Fiat currencies. Bitcoin can be used to fight and wipe out those scammers. We are early.
Serious question for those that actually use bitcoin: how much do you usually set your transfer fees at?
How do you decide how much to set your transfer fees at? I just went with my wallet's suggestion today, and my transaction hasn't been completed after six hours... I'm wondering if that's because the fees are low. Mine were at 4%, which I thought was high! How much do you usually set for your transfer fees, and how do you decide on that figure?
I'm new to the crypto idea, I heard Monero is better to BitCoin. How do I use it, including creating wallets and how do I keep it safe from hackers? Also can it be converted into dollar bills? I heard Australia is considering going cashless, so I'm getting a bit nervous about other regions.
...Oh and converting between Bitcoin and Monero safely,
How can I use my bank account funds to buy bitcoin without locking account...
My bank account is fairly new and I don't have a debit card since it was meant to be a savings account. I see how much easier it is for my boyfriend to save when he has his money in bitcoin though so I wanted to try the same thing. How can I buy bitcoin and pay via my bank account without it locking up the account. I read a lot of things on the internet and I guess buying bitcoin is considered a high risk transaction which means a lot of the time it will lock up your account. There isn't a local branch of my bank near me so this will create a HUGE issue if the account gets locked. If I can't get the bitcoin that's okay but I figured I'd ask to see if someone on here knew a safe way to buy it that my bank won't consider strange for a new account...
Before you can use Bitcoin you need to get a Bitcoin wallet. The first thing you’re going to need to do in order to use Bitcoin is to get a Bitcoin wallet. There are a lot Bitcoin wallets you can choose from, but if you’re just starting out I would suggest using one of the more user friendly wallets (i.e. Coinbase or Blockchain.info). Just ... Learning how to use cryptocurrency and bitcoin can often be a daunting task for the uninitiated. Throw into the mix the whole blockchain technology aspect and many feel […] UseTheBitcoin in Crypto News. Bitcoin SV Surges By Over 41% And Gets Closer To Litecoin. Between Friday and Saturday, Bitcoin SV (BSV) one of the most sub hard forks of the Bitcoin (BTC) network and direct hard fork of ... Bitcoin is extremely empowering but also different than the currency you know and use every day. Step 1 ---> Get Started With Bitcoin Before you start using Bitcoin, which is still experimental but has been operational without any interruptions for over eight years, there are a few things that you need to know in order to use it securely and avoid common pitfalls. Use a Bitcoin ATM. An example of Bitcoin ATM (BATM) A Bitcoin ATM (BATM) is a small electronic cubicle that allows automated bitcoin transactions either through buying (one-way) or both buying and selling (two-way). You can insert cash into the machine or use your credit card to exchange for bitcoin. However, it does not connect to a bank account like a traditional ATM. You will be charged a ... To use Bitcoin, start by purchasing some Bitcoins online, through a trading exchange, or using a Bitcoin ATM. Then, get a digital wallet on your phone or computer, which is where you'll store your Bitcoins. Once you have some Bitcoins, you can make purchases with them, trade them for other cryptocurrencies, or hold onto them in hopes that their value will increase over time. If the value of ...
How to Use a Bitcoin ATM Machine - BitcoinDepot Review ...
A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most excitin... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... HOW TO BUY BITCOIN 2019 - EASY Ways to Invest In Cryptocurrency For Beginners! Get $10 of free Bitcoin when you buy or sell at least $100 of cryptocurrency o... How do you use a Bitcoin ATM machine and why would you even want to? Watch me perform an actual BitcoinDepot ATM transaction live! 👇 Visit https://bitcoindep... --~-- This is a bitcoin for beginners video! We will discuss cryptocurrencies for beginners so you know the basics! Enjoy! * My Stock Market Investing Strate...