Crypto ATM FAQs | Bitcoin ATM | Bity

FBI two cameras outside Epstein cell were broken / malfunctioning

FBI two cameras outside Epstein cell were broken / malfunctioning submitted by katie_dimples to conspiracy [link] [comments]

Bitcoin ATM (BitTeller) basics

I have some experience with bitcoin, but it's been a while. (I used to get it from Circle a few years back when it was easy and KYC wasn't a thing). I've decided the best way to get some again is to get some from an ATM not too far away. Specifically, a BitTeller ATM. But I feel like an idiot not knowing what I'm doing, so I was hoping someone here could walk me through how it works.

OK, so I go into the venue that has BitTeller... Do I have to interact with any people at the venue/store to have access to the ATM? I really hope not. Once at the ATM, I put my credit card in the machine? Or cash? Either one? Enter in the amount I want, agree to pay whatever fee, and then what... it prints out a ticket with wallet information on it? I have only used electrum (and Circle) to store coin in the past. So do I just make a new electrum wallet with the keys the ATM gave me? Do I need a wallet on my mobile phone, or can I just bring the ticket home and use electrum? Are there any other steps to the process, or anything I'm missing?

I did look around some to try to research this, but always ran into problems just getting straight, basic info. Like the BitTeller website has a FAQ, but it's like all for venue owners who want to purchase the machine for their place, not the "end user." And I'm seeing a lot of conflicting info elsewhere about how this works. So I'm sorry if these are dumb questions, but hopefully it's ok since this is a beginner sub.

Any other thoughts or advice would be welcome and appreciated.
submitted by Proper_Mud to BitcoinBeginners [link] [comments]

N00b Quick Guide on How To Buy (buying BTC anonymously, encryption, wallet, & Tor)

Feel free to downvote and/or offer improvements. I'm putting this up in the hopes someone else doesn't have to go through what I just went through. It was way more complicated than it needed to be.
  1. Download Tor *(see note in edits below regarding config / Javascript)
  2. Find marketplace you wanna use (Check /onions' sidebar: How the heck am I supposed to find .onions and other stuff)*
  3. Access market with Tor. Don't use a VPN*, there are tons of articles/threads/comments that explain why VPNs + Tor are not advisable. All you need is Tor.
  4. Use local BTC ATM. There are some that only ask for SMS # to send confirmation code. Use Google on your phone to find a temp SMS number you can use while you're standing there at the kiosk. There are tons of sites, most don't ask for registration. Buy BTC with cash.
  5. From kiosk, send directly to market account, or whatever wallet you're using.
  6. See this thread for encryption steps. Thread is 7 years old, but first comment from I_DONT_HAVE_AIDS/ is still accurate and works.
  7. Do not use the market's auto-encrypt feature. Do it yourself.
Hoping this thread can stay up/doesn't violate any policies (I don't think it does....) If you want to downvote, that's your choice, but some constructive feedback is better for everyone, I'll edit the post.
Fuck TAILS*, fuck tumbling, fuck Coinbase/Coinmama (Coinmama is a nosey bitch tracking your coin)/etc.... just go the ATM route. It's far, far easier. If you buy with a burner number and cash there's really no way to track it. They'd have to subpoena shopkeepekiosk owner for video cameras (assuming there even are any) and unless you're doing something really wild, no one is going to go to that trouble. This allows you to skip over a ton of OpSec steps that are, frankly, just obnoxious AF (albeit necessary - but this conforms to the OpSec).
EDITS:
submitted by Osceana to darknet [link] [comments]

Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

This is the best tl;dr I could make, original reduced by 81%. (I'm a bot)
Bitcoin ATMs are an accessible way to acquire cryptos for those who are entering the ecosphere now and the Google Trends statistics reveal that the queries about this type of teller machine have doubled since last year.
Its Bitcoin ATM Market Dynamics January 2020 report shows that there were 6,377 operating devices around the world at the start of the month.
Coinflip Bitcoin ATMs tops the chart with 36, Bitcoin Depot is a close second with 34 and ATM Coiners comes in third place with 33, or a 50% increase in its devices.
Bitcoin core is the most widely supported crypto on all but three of the 6,833 active ATMs. Their number increased by over 300 in the first month of the year.
Do you expect Bitcoin ATMs to continue to spread around the world? Do you see a correlation between their numbers and crypto market trends? Tell us in the comments section below.
Visit our Purchase Bitcoin page where you can buy BCH and BTC securely, and keep your coins secure by storing them in our free bitcoin mobile wallet.
Summary Source | FAQ | Feedback | Top keywords: ATM#1 Bitcoin#2 machine#3 devices#4 market#5
Post found in /technology, /Bitcoin, /CryptoCurrency and /CryptoTrading24.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

How to stay safe (not play yourself)

Ok so after an interaction with an individual in a chat I figure not many people know how to stay safe when browsing or using tor because apparently people dont know what a "sidebar" is.
Now by "safe" I mean not harming yourself in anyway either mentally, physically, financially, or in any other way.
For starters lets go over basic things when beginning your journey.
  1. Do not use a vpn when browsing tor, I cannot stress this enough. It does not double your security it worsens it (Notes from tails and tor developers):
https://2019.www.torproject.org/docs/faq.html.en#IsTorLikeAVPN
https://tails.boum.org/blueprint/vpn_support/
https://security.stackexchange.com/questions/125005/why-is-home-vpn-tor-worse-than-home-tor
  1. If you're planning on doing something that isn't illegal such as buying a product on amazon or a similar clear web website, dont use tor. If you're buying something on those sites chances are you share some amount of information with other accounts you own, i.e instagram, facebook, bank account, paypal. The info you have on there can be stolen and used against you. Dont risk it just use the clearweb.
  2. If you are planning to buy something on a darkweb market do not, I repeat, do not use credit cards, debit cards, paypal etc. Only use bitcoin, monero, or another crypto.
  3. Use a live usb tails drive and tails wallet if you're gonna buy off markets. Please. I know atm people say "oh electrum and tails aren't compatible anymore." Nah man, they are. You have to manually update it through terminal. Theres guides on this you can find on the clearweb.
  4. On the topic of monetary saftey, don't send bitcoin or monero straight from your coinbase or blockchain account to the market. Just because people say something is fully anonymous, it isnt. Instead make a tails wallet through electrum and send btc from your coinbase/blockchain/etc wallet to the tails wallet and then send to your market wallet. You dont have to tumble them
  5. Another thing about buying on markets, use the pgp key and encrypt it in a text editor. Some sites have "encrypt with your vendors pgp" checkbox, dont use that. Entering any personal info on tor in plaintext is a really bad idea.
  6. Be prepared. Theres a site you can use to find new onion sites, just realize these can be CP, TP, or just generally fucked up stuff. Just be prepared to see it, and dont panic.
  7. Don't download anything unless youre using an isolated usb or VM. Malware aint it, and some downloads contain malware on them that automatically run when installed, pdfs and word docs are kinda the biggest culprits on this.
  8. Realize that the deepweb isnt anarchy. Police still are patrolling on there, they make honeypots, and try to catch the low hanging fruit, ps. dont be that guy.
  9. Some dark markets are honeypots. Most gun sales are honeypots. There's easier ways to get untraceable guns, dont be an idiot, dont run into honeypots.
  10. Dont use your mobile, way less secure than a computer as well as way less versatile. Just buy a 100$ laptop
Just again, use common sense if something seems stupid or a trap, dont do it. If anyone has anything to add please leave it in the comments, theres not enough posts here about saftey.
TL;DR: Dont use a vpn, dont use personal info or accounts, don't download things. Use common sense.
Edit: Formatting
Edit 2: Added rule number 11
submitted by cheezyteague to deepweb [link] [comments]

PSA: DO NOT USE BITPAY UNDER ANY CIRCUMSTANCES..

Facts
-BitPay has, as of March 3rd, 2019, requested that FirstView Financial, LLC, the issuers of their PrePaid Visa Debit Cards (for which BitPay users hold a bank account), halt ALL access to cash held in its users accounts, except for signature purchases at a merchant. This includes all cash-back transactions, ACH transfers to another Bank Account, and ALL ATM WITHDRAWLS.
-FirstView Financial, LLC is insisting that BitPay is in fact in control of this- however, as BitPay only serves as a means of exchange, they can only request that this action be taken by the Card Issuers. FirstView Financial has obliged this request.
-BitPay is stating that this is due to a "Systems Upgrade" being completed to make transactions smoother. However, after 3 weeks, neither BitPay nor FirstView Financial, LLC is able to give an estimate as to when these "Systems Upgrades" will be completed. BitPay has convinced FirstView Financial, LLC to make false statements regarding the true nature behind this move.
-The change was made without warning, and while both FirstView Financial and BitPay insist that users were notified via email, I have personally confirmed the 5/5 users of BitPay, including myself that I personally know, never received such communication.
-FirstView Financial does not have any physical branches, but is in fact an interstate bank. They are legally mandated to allow access to physical currency for their account holders. They are not.
-BitPay in fact hid this information, buried in their FAQ section.
-No warning is given prior to making a deposit to the Visa Debit Card. Customers only become aware of this limitation after attempting to gain access to their cash.
-BitPay will not reverse any transfers made to the cards.
-Neither BitPay nor FirstView Financial is able to provide any details as to why they might be performing a "systems update," stating only that it is for improvement.
-Both companies have shown a readiness to conduct underhanded and deceitful tactics to cover up what is actually transpiring.
Speculation and Common Sense Reasoning
Anyone knows that no "systems update" takes 3 days, let alone three weeks. Yet after 3 weeks, it appears that there is no plans to bring back cash withdrawals via the ATM card, cash-back pin transactions or ACH transfers. Furthermore, the BitPay system has functioned flawlessly for years. And if there was no reason to lie, than bitpay could have easily displayed messages in their app warning users or prominently on their homepage, or even as an alert when logging into a users account- they did not. It further appears they are telling people that they recieved an email that was never sent.
The most plausible explanation is that they are under investigation for failing to comply with AML and KYC regulations required by a crypto-fiat exchange. Had their suspension of Cash access been a well planned undertaking, then it could be argued that they simply planned to phase that out to avoid the costs associated with proper identity verification, but their willingness to lie, and convince FirstView Financial to lie suggests that they in fact are working hard to cover up the truth.
With this in mind, I do not think it is unreasonable to question the conrinued future access to any funds deposited to a prepaid BitPay Visa debit card- even if the user only wishes to spend them at certain merchants with a signature transaction.
What to Do
-Firstly, I suggest anyone with any funds on a BitPay Visa Debit all call FirstView Financial LLC and demand access to their CASH. While FirstView will insist that they are not in control, every person with cash in a BitPay Visa Debit account has an account- unlinked to BitPay in any regard- solely in their own name. No bank is allowed to restrict access to its customers funds (up to $250,000 at a time), saying they can only "spend" the money at merchants who accept Visa.
-Demand answers from BitPay! They are being offensive in trying to say they are conducting a systems upgrade.
-Demand BitPay reverse any and all deposits made without this knowledge.
-Make complaints against BitPay and FirstView Financial, LLC to any regulatory body that will take them.
-Finally, this is a legally actionable offense. I am currently seeking an adequate law firm willing to take on a class action suit against both companies- if anyone can help in that endeavour, please comment below.
‐-------
Let's not let these two Companies' reckles, careless and fraudulent activities tarnish the reputation of Bitcoin. Let's not let another individual profit by lying to the community!
submitted by Nycmdthroaway 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.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For some more great introductory videos check out Andreas Antonopoulos's YouTube playlists, he is probably the best bitcoin educator out there today. Also have to give mention to James D'Angelo's Bitcoin 101 Blackboard series. Lots of additional video resources can be found at the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

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
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or 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
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
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?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are 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, The Bitcoin Shop, Overstock, DuoSearch, 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
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, 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
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins 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, Red Cross, Amnesty International, 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
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin 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 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
Mirror Smart contracts
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 Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam 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
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and 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 $500 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]

/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]

ChainLink - Rank 97 with no competitors. Undervalued Gem?

What Does ChainLink Do?
In a nutshell, ChainLink aims to solve the connectivity problem, a key limiting factor for smart contract usability, and whilst it's an ERC-20 token it will not be limited to just the Ethereum blockchain.
What makes $LINK so special? Well, it's the first decentralized oracle network; allowing anyone to securely provide smart contracts with access to key external data, off-chain payments and any other API capabilities. Anyone who has a data feed, useful off-chain service such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens.
Partnerships
I will keep this brief, as you can see a full list of current and potential partnerships on https://www.reddit.com/LINKTradecomments/7mob78/list_of_chainlinks_partnershipsprojects_using/
But the main ones to look at are
The Pros
ChainLink has steadily been gaining traction ever since its downfall after the 4chan/reddit SIBOS hypetrain crash (post September). It's remained around the 90-100 rank mark and has yet to really "moon".
The Cons
So what makes ChainLink valuable?
The LINK token is used by smart contract owners to pay chainlink nodes for getting data from them and the more LINKs an oracle node has, the more reputable it is. So oracle node providers are incentivized to hold as much LINKs in their chainlink nodes to appear more reputable to the chainlink network, gaining more usage and profit
(Taken from a comment on https://www.reddit.com/CryptoCurrency/comments/7nwis4/why_i_believe_chainlink_link_is_the_most/)
Most importantly, LINK can (and will be) used for data request penalty payments to ensure that node operators provide the requested data. Penalty payments are LINK tokens that are required to be held in escrow by the smart contract. They are paid to the smart contract creator in the event any of the node operators do not meet the required data requests as stated in the smart contract. This provides an incentive for smart contract creators to trust node operators, knowing that they have a form of financial insurance (the penalty payment) in the event a node (or nodes) submit bad data.
For information that will trigger high value smart contracts, smart contract owners will want to require a proportionate amount of link to be held in escrow as penalty payments by the node operators. When link is tied up for penalty payments, it is released over the life of the contract. For example, let’s say party A wants an API snapshot sent every day for 30 days. If the penalty payment for the contract is 300 LINK (per node operator), then each node operator will have 10 LINK released to them at the end of each day – receiving the full 300 LINK at the end of the 30 days if they successfully performed the data request the smart contract asked for. Now imagine the smart contract creator wanted 10 node operators. That means 3000 LINK is taken off the market immediately, and 100 of that 3000 is released each day from the smart contract to the individual node operators (10 each per operator, assuming they provided the requested data). A cycle will be created where more and more smart contracts will make requests and node operators will be limited only by the availability of their LINK tokens to be used for penalty payments.
Add it all together and you have a singular payment method for a desired network (the most secure external data oracle), lots of supply constantly locked up to have enough link for signaling purposes (the reputation boost for a node operator), financial insurance for smart contract creators (penalty payments) for increasingly valuable triggering data in a wide variety of smart contracts, and a network poised for growth as more adapters are built and more API’s become available so that dapps can thrive on any blockchain network. Yes LINk is an ERC20 token, but it is blockchain agnostic and the adapter network can continue to grow.
LINK can also be staked!
LINK staking is another big thing that will do wonders for Chainlink's valuation. Turns out Chainlink oracles can be made into pools, similar to mining pools on bitcoin and ethereum where multiple people come and put their LINKs together to run a more secure oracle node and distribute the profits fairly between each other. This will be huge as it will effectively allow you to stake your LINK tokens and earn more of them passively without doing anything. One such pool in development is LinkPool (http://www.linkpool.io/).
Where do i buy and store LINK?
You can currently buy LINK at the following exchanges;
As an ERC-20 token, you can store LINK on your ledger or MEW wallets.
Here is a well written guide on how to purchase LINK https://www.reddit.com/LINKTradecomments/7gglfv/how_to_buy_link_chainlink_token/
Sources of Info For Own Research
P.S CEO Sergey Nazarov speaks at Bitcoin super conference next month too https://www.bitcoinsuperconference.com/speakesergey-nazarov/ as well as speaking at SXSW in march alongside Tom Gonser who is the founder and former chief strategy officer of DocuSign.
https://chainlinknodes.com/smartcontract-ceo-sergey-nazarov-speak-sxsw/
Sorry, All sounds great but i only invest based on TA
Good news, if LINK breaks 7k sats we're in for a moon too!
Edit: updated TA
https://uk.tradingview.com/x/GEBhGcKz/
Added from comments
Don't forget that AXA Insurance and Sony Corp did a test smart contract on their platform last week: https://create.smartcontract.com/#/contracts/fa4703cb68e3c152a9f47bafd57fe1fa
AXA Insurance has announced that they will be implementing blockchain: https://group.axa.com/en/newsroom/news/axa-goes-blockchain-with-fizzy
Facebook Director of Engineering joins ChainLink: https://www.financemagnates.com/cryptocurrency/news/facebook-director-engineering-joins-chainlink-advisory-board/
Zuckerberg says he will be studying crypto make Facebook better: https://www.coindesk.com/zuckerberg-to-study-cryptocurrency-in-quest-to-decentralize-facebook/
submitted by lamps92 to CryptoCurrency [link] [comments]

MyBTC.ca Now Live

Recently launched MyBTC.ca gives Canadians the opportunity to buy Bitcoin in seconds with prepaid non-reloadable credit cards without having to undergo ID verification.
How to buy?
Step 1 - Purchase a prepaid non-reloadable Visa, MasterCard or Amex credit card sold at several locations near you and thousands nation-wide. Popular retailers include 7-11, Shoppers Drug Mart, your nearest corner store & many more: http://vanillaprepaid.ca/en/partners
Step 2 - On the "Buy Bitcoin" page of www.MyBTC.ca you enter the exact amount of Bitcoin you want to buy or the dollar amount that you would like to process the card for. You are then prompted to enter a Bitcoin wallet address you want to send the Bitcoin to followed by your phone number for mobile PIN verification. Once verified, simply enter your prepaid non-reloadable credit card information, press "Pay", and your Bitcoin will be sent. It's that easy!
submitted by MyBTCca to BitcoinCA [link] [comments]

Cash Runs Dry at ATMs as Protests Escalate in Chile

This is the best tl;dr I could make, original reduced by 77%. (I'm a bot)
There's a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems.
State of Unrest in Chile Sees Government Violence and People Unable to Access Cash at ATMs. Chile has been getting a lot of attention lately because the region's citizens have clashed against the authorities, shaking the country to the core.
During the last two weeks, the situation in Chile has escalated and according to various regional reports, the military has been extremely violent toward protesters.
One person who has a friend from Chile writes: "The Chilean government is murdering innocent people on the streets, I have a friend in Chile - She said she has no access to money and they've closed all of the supermarkets, ATMs are locked. This is who we are up against - People are getting mass murdered by the government."
There are traders in Chile who are buying and selling bitcoin cash using bank transfers and gift cards via local.
What do you think about the recent protests in Chile where people are getting their pensions cut and bank customers cannot access cash at ATMs? Let us know what you think about this subject in the comments section below.
Summary Source | FAQ | Feedback | Top keywords: Chile#1 People#2 cash#3 government#4 protest#5
Post found in /worldnews, /btc, /Cryptoandme, /cryptocurrencytopnews and /CryptoTrading24.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Support bans account for no reason (racist?)

They refuse to explain why my account is banned?
santiagobarato May 9, 2019, 7:58 p.m. - now (Thu, 9 May 2019 17:58:20 +0000) 1) I did not violate any terms of service and I cannot control which lbc accounts contact me so that could not have been the issue. Is this because I am an Haitian advertising in the Dominican Republic?
2) Do I have an avenue to appeal? Your decision is not based on any reason.
3) Should I go public with this incident on reddit / youtube / etc? It seems like you blocked me because of my race and without any proof of wrongdoing. LocalBitcoins May 7, 2019, 11:43 p.m. - 1 day, 20 hours ago (Tue, 7 May 2019 21:43:16 +0000) Hi #####,
Your account has been deemed to be high risk and is suspended from trading. The suspension of your account could be the result of:
Unfortunately, we cannot provide detailed information about the reasons behind the suspension of your account. Our decision is final and cannot be revoked. You are no longer allowed to trade on LocalBitcoins. Any new account you will create will be blocked.
Thank you for understanding!
Best regards, LocalBitcoins
In response to:
How does that impose a risk to your users? santiagobarato May 6, 2019, 8:23 p.m. - 2 days, 23 hours ago (Mon, 6 May 2019 18:23:09 +0000) How does that impose a risk to your users? santiagobarato May 6, 2019, 8:22 p.m. - 2 days, 23 hours ago (Mon, 6 May 2019 18:22:42 +0000) All of my advertisements are also cash? santiagobarato May 6, 2019, 7:49 p.m. - 3 days ago (Mon, 6 May 2019 17:49:27 +0000) Also requested help from Vera:
https://www.reddit.com/localbitcoins/comments/blfa84/help_vera_account_banned_for_no_reason/ santiagobarato May 6, 2019, 7:41 p.m. - 3 days ago (Mon, 6 May 2019 17:41:17 +0000) Most certainly competition in DR shutting me down as they perceive a threat due to my lower prices. I actually charge 1% in my ad to counter lbc's 1% fee santiagobarato May 6, 2019, 7:25 p.m. - 3 days ago (Mon, 6 May 2019 17:25:54 +0000) May I contest that? Where is the proof of that?
Whomever said this is a lie. All of my trades have been on the books. I did, however, have some arguments with customers who tried to be stingy and NOT pay lbc.
It would be unjust to suspend me based on these lies. How do I appeal? LocalBitcoins May 6, 2019, 1:55 p.m. - 3 days, 6 hours ago (Mon, 6 May 2019 11:55:38 +0000) Hi,
Your account has been blocked for the violation of our TOS.
You have been asking users to take the trade out of LocalBitcoins, which imposes high risks.
Unfortunately, you will no longer be allowed to use our services!
Best regards, LocalBitcoins
In response to:
My account has been suspended. Could you tell me why? santiagobarato May 4, 2019, 6:41 a.m. - 5 days, 13 hours ago (Sat, 4 May 2019 04:41:04 +0000) My account has been suspended. Could you tell me why? Support ticket timestamps may not be in your home timezone.
ABOUT About us Careers Fees Security bounties Statistics Terms of service Privacy policy SUPPORT Contact support FAQ Guides Forgot password SERVICES English Dashboard Apps API documentation LocalBitcoins ATM Affiliate Block Explorer FOLLOW US Facebook Twitter Instagram Reddit IRC Blog Chinese Blog
submitted by santiagobarato to localbitcoins [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.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For lots of additional video resources check out the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com is a very helpful site 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
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or 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
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
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?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are 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, GreenmanGaming, and Coinplay.io For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, Rakuten, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg, TigerDirect and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, 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
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins 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, Red Cross, Amnesty International, 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
Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin 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 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
Mirror Smart contracts
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 Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam 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
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and 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 $500 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]

ColossusXT Q2 AMA Ends!

Thank you for being a part of the ColossusXT Reddit AMA! Below we will summarize the questions and answers. The team responded to 78 questions! If you question was not include