Bitcoin
- Started
- Last post
- 2,694 Responses
- Beeswax0
I created a site with bunch of links that might be useful
http://kryptolinks.com/
Let me know if there are any other useful sites that you use so I can add them or you can add them.ps: There are some referral links, just so you know.
- fyi, leading
https://i.imgur.com/…Gnash - leading is fine this end. great thanks, v.useful.fadein11
- 2 back to top buttons bottom right when you scroll down though.fadein11
- thanks. is that on IE?Beeswax
- Safari 11.0.3Gnash
- looks ok nowGnash
- Tradingview has a broken google shorturl and a google favicon. are you getting spammed an that one was created by the spammers?uan
- same with Xapo.uan
- fixed. apparently google shorturl doesn't like itunes links?Beeswax
- nice!dbloc
- fyi, leading
- Calderone20000
Sold all my Bitcoin for Nano (https://nano.org/en)
- bold but possibly smart moveinteliboy
- how much bitcoin did you have?pedromendez
- @pedro not much. Bit less than 1 btc.Calderone2000
- allthethings0
So, I'm about to try to cash out some gambling winnings, and my book has Bitcoin withdrawals for free, and it sounded straightforward enough until I actually began the process. Two things are hanging me up that are probably easy but are testing my ability to comprehend the 21st century.
1. I set up a wallet, and the Bitcoin outlet will sell me a Visa card to load with Bitcoin for $10. Even though they require me to have a credit card on file to set up a wallet, they won't let me use the credit card to pay the $10 Visa card fee. I'm like, huh? So how am I supposed to give them $10 without it?
2. Once I figure out #1, which is probably obvious to anyone younger than 25 (I'm 56), something I don't understand is, if my book lets me cash out $1,000 of what in other circumstances I'd call cash, but as Bitcoin, does the balance on the card fluctuate with the whims of the market, or is my $1,000 still $1,000 until I use the card to make a purchase?
I just hit myself in the temple with a ball peen hammer. Felt good.
- Who is it that's trying to sell you a Bitcoin visa card? Most people are not using Bitcoin like that, they just keep their coins in a wallet (either on ayuekit
- website like Coinbase or on their local machine) and convert to $$ as needed.yuekit
- BitPay. It just seemed to me like being able to use a Bitcoin debit card would be the best circumstance. Like, I don't get how to "convert to $$" as you sayallthethings
- Ah I see... https://bitpay.com/c…yuekit
- So it looks like how this works is that you convert the Bitcoin to dollars whenever you load money onto your card.yuekit
- The balance on the card itself doesn't fluctuate since it's not really Bitcoin. It's just a quick way of selling the Bitcoin in your wallet and cashing out.yuekit
- Aha...that's helpful, thanks. Quick is good, because (I guess it's generational) I feel like it could just disappear in a heartbeatallthethings
- Now I just have to figure out how to pay for the card. Maybe it's barter...I bring a virtual goat, and...allthethings
- Yeah it's a cool thing to have (I might even try to get one) but keep in mind you can always sell your Bitcoin with the click of a button on any other exchangeyuekit
- website such as Coinbase etc. It might just take a few days to withdraw the dollars to your bank account, whereas this seems to give you faster access to it.yuekit
- omfg. I bought BTC with Coinbase to cover the 9.95 cost of the BitPay card, linked my two accounts, and it sent 7.35, still pending, so now both accounts areallthethings
- frozen. And neither company has a chat or phone that you can use to get help.allthethings
- drgs0
- Bitcoin is not the only cryptocurrency, it would be inefficient to attack only Bitcoin. The value of it will go to the next largest cryptocoin by marketshare.zaq
- As of today it's already impossible to stop crypto. As with software, crypto will eat fiatzaq
- ah, so reassuringmonospaced
- pick a crypto, any crypto ... "hey, you never know!"monospaced
- it's like delivering the payroll by stagecoach the wild west. set upon by rogues and rapscallions along the wayGnash
- ha yes, what everyone said about the www when it started...fadein11
- that comparison is nonsensemonospaced
- allthethings0
@ yuekit
As near as I can figure, BitPay is a scam. All I was trying to do was pay BitPay $9.95 for a BitPay Visa card. I bought BTC at Coinbase and linked the accounts I'd opened at both. But when I tried to buy the card, the two accounts weren't linked after all...I needed to transfer BTC from Coinbase to BitPay. It ended up transferring some money, but not all I needed, and meanwhile the value of BTC was plummeting. It took three transfers, admittedly of a small amount of money...$19 and change I believe it was, which after a few hours was showing up as $14 and change...with each of the transfers taking mining fees...
...AND THEN when I tried to buy the card, it didn't recognize my password. I tried various permutations, but nothing. So I pressed "forgot my password," and 14 hours and counting later, I have received no email link to do so. There is no way to contact the company...no chat function, no email, no phone.
So what was supposed to be simple, pay them $10 for a card, has been anything but. My bank account is less $20, and I have $14 in a BitPay account that I can't access. And I've spent several teeth-gnashing hours trying to figure this out.
I'm thinking Bitcoin has its own problems beyond this one company's scam, which is why I wanted the card in the first place. I went in this direction to avoid my book's $60 charge to send winnings via FedEx. But if I do that, when I get a check it will be the same amount that I expect. Buy Bitcoin and it's like participating in the most fraudulent exchange on the planet, but even worse...if you're in a foreign country and your hotel rips you off exchanging your currency for the local currency, well, you've been ripped off but you have the bills in your hand. With BTC, you make the exchange and then every half hour the hotel employee shows up wherever you've gone with your exchanged money and grabs some more of the bills out of your hand.
My girlfriend said, "Couldn't the value of your BTC go up one of these days, and then you'll have $30 instead of $14?" I guess, theoretically. Probably the mining fees would go up too in that case.
- Bitcoin is like a gain magnet for all the worlds sleazy scammers, marketers and greedy thefts.shapesalad
- Download a digital wallet to your phone (Copay, Bread, etc.) and have your book send the bitcoin to that address. You dont need (or want) a BitPay visa cardridg0026
- And if you want it ready to convert to $USD, then just keep your bitcoin on a respected exchange like Gemini or I guess Coinbase (personally I'd hold it)ridg0026
- They left out (I think) the biggest vulnerability. Sloppy security, or outright fraud on exchanges, and market manipulation. It destroys the public trust.monNom
- Aww man... That was for the post with the table below.monNom
- @ ridg0026 I downloaded a digital wallet to my phone; get an error message when I put in my "spending password"allthethings
- The main thing is, I want to turn BTC into USD, and I want to do it quickly so that if I'm sent $2,000, I have $2,000 to spend and not $1824 or somethingallthethings
- Coinbase takes a fee to exchange and send to your linked bank account, but they don't tell you how much they'll chargeallthethings
- Personally I avoid Coinbase for that exact reason, but they're generally the most often used 'on-ramp' for ppl new to crypto. Gemini is a very reputable exchangridg0026
- and I recommend getting a verified account on there. I've never had issues quickly selling or storing bitcoin on there. as for your wallet, which did you get?ridg0026
- So you're saying Gemini has listed and low fees? I don't have the faintest idea what kind of wallet I have...I believe I mentioned I'm 56? Am cluelessallthethings
- Yea Gemini is only like .25% or something. https://gemini.com/ If you want to email me from my profile, I can try and help you out.ridg0026
- Failing to see an email there mate, but thanks. The BitPay Card purchase just went through so maybe I'll try that and find out about fees the hard way.allthethings
- drgs0
https://www.bloomberg.com/news/a…
Mt Gox exchange, which crashed in 2011, has been dumping 40 000 BTC over the last 3 months to pay back what they owe to their creditors, which maybe explains what keeps the price down.
160 000 BTC to go...
- ********8
lol
- oliver's number 1 in my book********
- What a talented cast the show Community had. It's still a shame that show ended the way it did.MondoMorphic
- loooool @ his beanie baby comparisonscarabin
- They got 6 seasons! Just short of a movie.pango
- Thanks for the reminder. I missed the last one.CyBrainX
- cool!renderedred
- This was great. A few of my friends are going bitcoin crazy. Its driving me nuts.desmo
- Make sure you dont chicken up your nugs.cannonball1978
- oliver's number 1 in my book
- sted2
- Beautiful. But does it actually work for heating? How hot can it possible get and not overheating the CPU?********
- great, except you can't turn it off in summer :)Beeswax
- basically you pay for your ether with your electricity. I assume it would be cheaper to buy ether directlyzaq
- at least it's a better return.MrAbominable
- love me some good efuturefood
- Beautiful. But does it actually work for heating? How hot can it possible get and not overheating the CPU?
- shapesalad1
https://www.theguardian.com/tech…
“Since all blockchain data is downloaded and persistently stored by users, they are liable for any objectionable content added to the blockchain by others. Consequently, it would be illegal to participate in a blockchain-based systems as soon as it contains illegal content,” the researchers wrote.
- while we are at this, it's illegal to participate in internet since it's used to transfer illegal contentzaq
- they also wrote: "With our analysis, we thus highlight the importance for future
blockchain designs to address the possibility of unintended data insertion...uan - ...and protect blockchain users accordingly."uan
- Would it imply that you participate in/possess every possible image that could be derived from the blockchain? Probably notdrgs
- R_Kercz0
The Intercept: The NSA worked to "Track down" Bitcoin users Snowden documents reveal
- drgs-2
We are at the foot of a bull run, I think, you should all buy now
- I wonder how money Jack Dorsey has invested into Bitcoin?utopian
- nah, it's a small rise due to G-20 expresses no desire for crypto oversight:shapesalad
- https://www.bloomber…shapesalad
- That second article is written atrociously. How do editors not even read their own articles once published...?********
- But basically what this guy is saying is simply the most obvious conclusion, yes...********
- You're not suppose to buy on headlines, in fact, the opposite.pinkfloyd
- Not headlines per se, the sentiment in general is that all crypto is useless, except for Bitcoin, and it's truedrgs
- Yep********
- "Thiel also added that he scores a 50 to 80 percent chance that bitcoin ends up being worthless."monospaced
- "he went on to say there’s a 20 to 50 percent chance that bitcoin ends up moving higher."monospaced
- BULL RUN FOR SURE GUISE!monospaced
- You're just bitter you didn't jump on bitcoin at the right time and make lots of money, mono =P********
- I wouldn't say I'm bitter, and there's nobody there to say "I told you so" to me, since I never claimed it wouldn't skyrocket. But yeah, who doesn't want $$$?monospaced
- I do think the "get rich quick" phase has ended for now, though. If it becomes the ONE crypto, it's got a lot of evolution to go through first. Cheers.monospaced
- Sounds about right old chap********
- Well...drgs
- Well what? It went up a whopping 10% in a month. Hardly impressive and not a bull run by any measure. My mutual fund did just as wellmonospaced
- Crypto is much more predictable than you think, exactly for the reason that there is nothing but hype and speculation behind itdrgs
- It's being pushed by a crowd, and that crowd is not making any money in the enddrgs
- lol, except it’s notmonospaced
- Jedem das seinedrgs
- detritus0
Does anyone here accept Bitcoin as payment?
A friend who has his toe in this space says that he encounters a lot of whining from people who have Bitcoin, but are unable to use it for much of anything beyond sitting on, so suggested to me that if I were to accept Bitcoin, it might generate interest - does that ring true to anyone here?
Because of what I do, I'd quote for a period at whatever rate best suited both parties, so wouldn't encounter the sort of situation traditional shops have where they have to be careful with what prices they set.
- We steer clear of it.
It's not money, those people were scammed to believe it was.
I personally treat stores that accept cryptocurrency suspiciously.rafalski - hey hey raf!
Good point - I hadn't considered 'brand impact'. If I'd tried three years ago, *mayyybe*. drawingboard.gifdetritus - Hiya! I did consider it a few years ago but somehow never hooked it up. It kind of was money back then, people tried to pay each other with it.rafalski
- At this point I'm not sure what it's good for, other than money laundering, probably :)rafalski
- I hope one day to have money enough to launder... but right now I'm just prying for ways to encourage business spendyspend.detritus
- We steer clear of it.
- Gnash0
Twitter CEO says "Bitcoin will be the world’s ‘single currency’ in 10 years"
- Gnash0
https://itunes.apple.com/us/app/…
Square Cash expands bitcoin buying and selling to all users
https://techcrunch.com/2018/01/3…
- Dorsey is CEO at Square, as wellGnash
- Only BTC or others too?HijoDMaite
- looks like BTC only.Gnash
- they don't charge a fee to buy, only to sellGnash
- "... but the sale price will be a mid-market price averaged from different exchanges, and include a spread."monospaced
- ya, no idea what that means.Gnash
- well, that's GRRREAT! selling at an unknown price that includes a spread... NOT SHADY AT ALLmonospaced
- and don't forget, Apple gets their 30% or so for all transactions on iOS appsmonospaced
- ^ the 30% doesn't make sense, you must be jokingGnash
- really? because they take a 30% cut on all digital transactions and have for a decademonospaced
- exactly why you can't purchase music and videos or books on Amazon's app, etcmonospaced
- I don't think my bank would give apple 30 points every time I use their app that I dl'd from apple store. I'm sure there are industry differencesGnash
- Apple takes a 30% cut on all In-App-Purchases. You don't buy things with your bank app, so that makes no sense.monospaced
- And yes, industry differences for sure. This app might or might not treat the transactions as IAP.monospaced
- drgs0
April will be a break out -- if not I will eat my own dick (™ J McAfee)
- I'd probably rather see that than the price of bitcoin rise********
- why so bullish?monospaced
- it's timedrgs
- ... so, why so bullish?monospaced
- Yeah you and McAfee will have to eat your dicks. Especially McAfee who said Bitcoin will be at 500K in or before next 3 years.********
- Let's just say when I cash in my first million you'll all be eating my dickdrgs
- WHY so bullish???monospaced
- Did you know that McAfee made his bet & statement pretty much at the top when Bitcoin was 17K+? Always top signals on the mania/ delusion/ "new paradigm" chart********
- BTC is not going further downdrgs
- Well, it might do. It also might not. Why anyone and everyone thinks they have any fucking clue.... I do not know.********
- why so bullish, drgs? why do you think bitcoin is worth as much, and why would it maintain that even?monospaced
- I don't know. It's going to explode again, I feel itdrgs
- No, you can't...********
- whatever, tubbydrgs
- You're just sore that I called out your swollen muscles. Shallow, self obsessed, weak, swollen muscles. All for show. Sour puss.********
- lo-fucking-l that's what I thoughtmonospaced
- oops, hehedrgs
- seriously, i said aprildrgs
- why april? your nuts have that tingle?monospaced
- there is no way to explain crypto tech without sounding sillydrgs
- of course there is ... it just doesn't involve "feelings" or hunchesmonospaced
- I'd probably rather see that than the price of bitcoin rise
- drgs1
From the classics
"Hey hey hey. Hey hey hey. Hey hey hey. Wassa-wassa-wassa-wassa-wassa-wa... BitConnect!
Hey hey hey, everybody. My name is Carlos Matos, and I am coming from New York City, New York. Let me tell you guys today: I am so excited, I am so happy, I am really so thrilled to be here right now sharing this amazing, glorious, super and exciting moment of my life with all of you guys. And let me tell you that we are really changing the world as we know it. The world is not anymore the way it used to be. Mm-mm, no no no.
Bitconnect! Woo!
Bitconnect!
We are coming and we are coming in waves. We are starting and we are going to actually go all over the world. We are belting the entire world. Let me tell you guys that I started 137 days ago with only $25,610. And right now, I am reaching $140,000. Whoa-whoa-whoa-whoa-whoa-whoa, wassup!
And let me tell you that I am actually earning around 100-- I mean around $1,400 on an everyday basis seven days a week. WHAT?!
I am right now independently, financially independently... I am saying to so many people who said that this was going to be a con artist game, that this was going to be a scammer game. "Hey, you're gonna lose all your money." My wife still doesn't even believe in me. I'm telling her, "Look, honey these is real."
"No, no, no, no, no. That's a scam!"
And I said, "I'm gonna go to the bank, I'm gonna get my Bitcoins, I'm going to actually put it into dollars. Here they are right on the table."
"No, that's money that you took from another account."
I say, "What am I gonna do?!"
Then I said to my wife, "You know what?" When I am starting to put $10,000 a day on her, right on her-- you know, on her table," then she's gonna say, "Whoa!" Yeah-yeah-yeah-yeah-yeah-yeah-ye... okay, that's real!"
So guys, I wanna tell you something. Faith and belief is the one thing that we will need to be able to change the world. And right now, I believe that, in this g-room, we have the seed, that's gonna germinate and that's going to explode into an amazing opportunity for us to change this entire world.
I am so proud, I am so honored, I am so excited to be here right now. And let me tell you something. That each and every one of you has the opportunity to become, by those amazing people that we know here from Vietnam-- hey hey, my people from Vietnam-- making so much money that they can probably have a real hard time counting it! Ha ha ha ha ha ha!
So guys, let me tell you, I loooooooooooove... BitConnect!"
- https://www.youtube.…drgs
- Faith and beliefmonospaced
- Wow you actually spend time to do this transcript or got it somewhere? lol********
- I know it by heartdrgs
- trooperbill0
is it worth throwing $40 each at some altcoins? are there any youd recommend?
- still believe this one will go far https://nano.org/enCalderone2000
- Does that even cover the fees?monospaced
- lvl_130
- I haven't clicked yet, but the url ends with 'diet bitcoin'. I kinda don't want to spoil that.detritus
- Escobar Inc, is currently running an initial coin offering where users can buy the token at a 96-percent discount: down to $2 USD from $50 USD.sted
- that's some serious brandinguan
- "And when they see it, it is too late, and when CIA founds out that the world knows about this, the CIA is going to sell all of their coins"monNom
- cocaine is a helluva drugmonNom
- pinkfloyd2
It's at 8,000 folks
- Will go down to 2000's. Death cross coming.********
- last discounted price before the moon!
sell your junky civic for btc and get a lambo by the end of '18.Beeswax - lolpinkfloyd
- #Hodlgangsarahfailin
- Will go down to 2000's. Death cross coming.
