100 USD to BTC ᗌᗌ Live Conversion (100 Dollars in Bitcoins)

Bitcoin Premium

Buy and sell Rare & Collectable Bitcoin for a Premium!
[link]

BCexchange, the decentralized cryptocurrency exchange for everyone

Subreddit for BCexchange (short for ​Blocks & Chains Decentralized Exchange). B&C Exchange will be an open-source decentralized exchange that completes cryptocurrency trades between users by utilizing multisig signers that compete for blockchain rewards based on their effectiveness and honesty. Trades occur using real cryptocurrencies such as Bitcoin and NuBits.
[link]

Keep on minting my friends

http://www.mintcoinofficial.eu/ Mintcoin is a community owned and operated pure proof-of-stake crypto-coin. Save your coins in your wallet and earn the annual percentage rate while securing the Mintcoin network. Fast. Secure. Energy Efficient. Digital Internet Money. Mintcoins literally mint coins. Join us, we'll teach you how to mint coins. Start the process of minting your own coins today!
[link]

Bitrue Cryptocurrency Exchange 1 Year Anniversary + $100,000 in Prizes to Users - Sign up for Bitrue and Get 13+ XRP Signup Package plus Earn Up to 13% APY Interest on Your Cryptos like Bitcoin, Ethereum and USD Stablecoins

Bitrue is celebrating its 1-year anniversary with $100,000 in prizes to users over 7 days from 6 July 2020 to 12 July 2020 with chance to earn a share of 2,000,000 VeChain (VET), 200,000 Cardano (ADA), 300 Litecoin (LTC), 60 Ethereum (ETH), 80,000 Ripple (XRP), 300,000 Bitrue (BTR), and 1 Bitcoin (BTC) - https://www.bitrue.com/act/anniversary/
Sign up for a free Bitrue cryptocurrency trading account (using promo / referral code QALLAV) plus earn a 13+ XRP (Ripple) welcome bonus and get up to 13% APY interest annually on the cryptos you deposit like Bitcoin, Bitcoin Cash, Ethereum, Ripple and USD stablecoins. Plus enjoy low trading fees of 0.05%.
When you sign up on Bitrue using promo / referral code QALLAV, you'll receive:
Download the iOS app (https://apps.apple.com/gb/app/bitrue/id1435877386) or Android app (https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange) and use referral code QALLAV to receive your XRP bonuses.
Or signup via the web at https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV
You also earn between 5.3% to 13% APY interest on your cryptos like Bitcoin, Bitcoin Cash, Ethereum, Ripple, Bitrue, ADA, and USD stablecoins in their Power Piggy program. For example, you can earn 10.3% APY or 13% APY interest on your USD stablecoins (USDT, USDC, TUSD, etc). Plus interest is earned daily!
Bitrue covers your funds up to $1 million USD in case of theft. Bitrue allows you to buy cryptocurrency using a credit card or bank wire. Or make deposits via a Coinbase or Binance account.
Remember to join using my referral link or code and thank you - https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV (or use referral code QALLAV when you signup via iOS or Android)

https://preview.redd.it/1gxlahvw4u851.png?width=2516&format=png&auto=webp&s=35a4d4b4c2dade83d4c3a6c5cc62eecf8704a389
submitted by cryptomiles to FreeBits [link] [comments]

Bitrue Cryptocurrency Exchange 1 Year Anniversary + $100,000 in Prizes to Users - Sign up for Bitrue and Get 13+ XRP Signup Package plus Earn Up to 13% APY Interest on Your Cryptos like Bitcoin, Ethereum and USD Stablecoins

Bitrue Cryptocurrency Exchange 1 Year Anniversary + $100,000 in Prizes to Users - Sign up for Bitrue and Get 13+ XRP Signup Package plus Earn Up to 13% APY Interest on Your Cryptos like Bitcoin, Ethereum and USD Stablecoins
Bitrue is celebrating its 1-year anniversary with $100,000 in prizes to users over 7 days from 6 July 2020 to 12 July 2020 with chance to earn a share of 2,000,000 VeChain (VET), 200,000 Cardano (ADA), 300 Litecoin (LTC), 60 Ethereum (ETH), 80,000 Ripple (XRP), 300,000 Bitrue (BTR), and 1 Bitcoin (BTC) - https://www.bitrue.com/act/anniversary/
Sign up for a free Bitrue cryptocurrency trading account (using promo / referral code QALLAV) plus earn a 13+ XRP (Ripple) welcome bonus and get up to 13% APY interest annually on the cryptos you deposit like Bitcoin, Bitcoin Cash, Ethereum, Ripple and USD stablecoins. Plus enjoy low trading fees of 0.05%.
When you sign up on Bitrue using promo / referral code QALLAV, you'll receive:
  • 1 XRP bonus when you register via the App
  • 10 XRP bonus after first deposit of $100 or more in crypto via the App and hold it for 48 hours
  • 2 XRP bonus when you deposit at least $100 in crypto every week via the App
  • Free daily, random XRP bonus between 0.01 to 0.1 via the App
  • 0.1 XRP bonus referring each friend to signup on Bitrue
  • Tweet about the Bitrue 1-year anniversary and for every 10 likes on your tweet will earn you 1 ticket for the $100,000 prize pool and 1 ticket every referral between 29 June 2020 and 5 July 2020.
Download the iOS app (https://apps.apple.com/gb/app/bitrue/id1435877386) or Android app (https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange) and use referral code QALLAV to receive your XRP bonuses.
Or signup via the web at https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV
You also earn between 5.3% to 13% APY interest on your cryptos like Bitcoin, Bitcoin Cash, Ethereum, Ripple, Bitrue, ADA, and USD stablecoins in their Power Piggy program. For example, you can earn 10.3% APY or 13% APY interest on your USD stablecoins (USDT, USDC, TUSD, etc). Plus interest is earned daily!
Bitrue covers your funds up to $1 million USD in case of theft. Bitrue allows you to buy cryptocurrency using a credit card or bank wire. Or make deposits via a Coinbase or Binance account.
Remember to join using my referral link or code and thank you - https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV (or use referral code QALLAV when you signup via iOS or Android)

https://preview.redd.it/2wcnws19h1851.png?width=2516&format=png&auto=webp&s=fc02a8ef92666b18078de56a17651e4230bea0a9
submitted by cryptomiles to cryptogiveaways [link] [comments]

Bitrue Cryptocurrency Exchange 1 Year Anniversary + $100,000 in Prizes to Users - Sign up for Bitrue and Get 13+ XRP Signup Package plus Earn Up to 13% APY Interest on Your Cryptos like Bitcoin, Ethereum and USD Stablecoins

Bitrue Cryptocurrency Exchange 1 Year Anniversary + $100,000 in Prizes to Users - Sign up for Bitrue and Get 13+ XRP Signup Package plus Earn Up to 13% APY Interest on Your Cryptos like Bitcoin, Ethereum and USD Stablecoins
Bitrue is celebrating its 1-year anniversary with $100,000 in prizes to users over 7 days from 6 July 2020 to 12 July 2020 with chance to earn a share of 2,000,000 VeChain (VET), 200,000 Cardano (ADA), 300 Litecoin (LTC), 60 Ethereum (ETH), 80,000 Ripple (XRP), 300,000 Bitrue (BTR), and 1 Bitcoin (BTC) - https://www.bitrue.com/act/anniversary/
Sign up for a free Bitrue cryptocurrency trading account (using promo / referral code QALLAV) plus earn a 13+ XRP (Ripple) welcome bonus and get up to 13% APY interest annually on the cryptos you deposit like Bitcoin, Bitcoin Cash, Ethereum, Ripple and USD stablecoins. Plus enjoy low trading fees of 0.05%.
When you sign up on Bitrue using promo / referral code QALLAV, you'll receive:
  • 1 XRP bonus when you register via the App
  • 10 XRP bonus after first deposit of $100 or more in crypto via the App and hold it for 48 hours
  • 2 XRP bonus when you deposit at least $100 in crypto every week via the App
  • Free daily, random XRP bonus between 0.01 to 0.1 via the App
  • 0.1 XRP bonus referring each friend to signup on Bitrue
  • Tweet about the Bitrue 1-year anniversary and for every 10 likes on your tweet will earn you 1 ticket for the $100,000 prize pool and 1 ticket every referral between 29 June 2020 and 5 July 2020.
Download the iOS app (https://apps.apple.com/gb/app/bitrue/id1435877386) or Android app (https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange) and use referral code QALLAV to receive your XRP bonuses.
Or signup via the web at https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV
You also earn between 5.3% to 13% APY interest on your cryptos like Bitcoin, Bitcoin Cash, Ethereum, Ripple, Bitrue, ADA, and USD stablecoins in their Power Piggy program. For example, you can earn 10.3% APY or 13% APY interest on your USD stablecoins (USDT, USDC, TUSD, etc). Plus interest is earned daily!
Bitrue covers your funds up to $1 million USD in case of theft. Bitrue allows you to buy cryptocurrency using a credit card or bank wire. Or make deposits via a Coinbase or Binance account.
Remember to join using my referral link or code and thank you - https://www.bitrue.com/activity/task/task-landing?cn=900002&inviteCode=QALLAV (or use referral code QALLAV when you signup via iOS or Android)

https://preview.redd.it/xi6f183f61851.png?width=2516&format=png&auto=webp&s=7b0b650ae34b8d6e857a113dfe3f8af509f4b8dd
submitted by cryptomiles to CryptoAirdrop [link] [comments]

06-03 08:22 - 'Xoom.com [quote]$9.99, arrives faster, they can bone you on exchange fees though, but you can choose to get paid in USD on the other end and pay $20 (sender). / Bitcoin is simply unusable for < $100 now. Not a blockchain...' by /u/gubatron removed from /r/Bitcoin within 108-118min

'''
Xoom.com > Bank Wires. $9.99, arrives faster, they can bone you on exchange fees though, but you can choose to get paid in USD on the other end and pay $20 (sender).
Bitcoin is simply unusable for < $100 now. Not a blockchain for people looking for a bank-less alternative anymore.
The only way to save Bitcoin will be to fork it out of these looser's hands. BTC vs BTU, dump the 1Mb useless crap and keep moving with more room to solve scalability on-chain in harmony as intended by Satoshi "Bitcoin: A Peer-to-Peer Electronic Cash System"
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: gubatron
submitted by removalbot to removalbot [link] [comments]

Exchanges • Trade BTC/USD using bitcoin up to 10x leverage, Demo & Live, 100% Deposit Bonus - WhaleClubCo

submitted by btcforumbot to BtcForum [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

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]

$wANATHA Wrapped Anatha - New DeFi mainnet w/ $4.5M Liquidity on uniswap on Oct 1

Looks like a proven, public team of bitcoin miners and old school crypto heads launching a live mainnet, usable wallet app and upcoming defi platform all while not having sold any presale tokens to investors and no founder unlocks.
Wrapped $ANATHA / $wANATHA
TLDR:
Project Anatha main discord: https://discord.gg/8qmN6GDProject Anatha main TG: https://t.me/projectanatha
Bros, it says they're putting up $4.5M of ETH with a 1 year linear pulling schedule? And like... noone's talking about this or in their telegram yet?
Low cap: 300M Wrapped Anatha tokens being sold at $0.05... $15M Market cap?100% TEAM locked their tokens
Medium Post Announcement: https://medium.com/anatha-io/introducing-the-project-anatha-community-liquidity-access-event-db0b230e20a1
Project Anatha in 5 slides: https://drive.google.com/file/d/17d8XCuJpub16ynOSiGmUp3VvE0eoJeNe/view
Website: https://www.anatha.io/
White Paper: https://app.gitbook.com/@project-anatha/s/anatha-documentation/
DYOR!
Audit reports coming.
Team says they have upcoming exchange and partnership announcements coming.
CEO has his own podcast: https://www.youtube.com/channel/UCpgS92JruXNB8JtYJDcgTKQ
submitted by bitcoinwhitepaper to CryptoMoonShots [link] [comments]

👍🏼✔️️[H] Windows🔑 | Server🚀 | Office💻 🔥| Visio | Project🔑 | Visual Studio | Adobe CC 🔑 [W]Zelle, Venmo, Amazon Gift, Bitcoin,🚀 Ethereum, 💻 Credit Cards, PayPal👍🏼

ALL PRICES ARE IN USD

PAYMENT METHODS

Please make sure you look at my most recent thread for updated prices and products

Currently giving 10% off when Bitcoin and Ehtereum is used!!

Need Win 10 for 100+ Machines? Ask me for details

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HOW TO BUY

DO NOT contact me via chat only via PM

Windows10

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Windows 10 Home $40 32/64Bit Downloa Pay Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Education $30 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
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Office

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Office 2019 Pro Plus $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2013 Pro Plus $30 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 Pro Plus $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 For Mac Home And Business $50 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
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Adobe Creative Cloud 1 Year Key What's Included?

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Adobe CC 1 Year Key $170 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

WINDOWS SERVER

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
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Windows Server 2016 Datacenter $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 Datacenter $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

VISUAL STUDIO

Price Download Paying with Credit Card Paying with Cash App Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2017 $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2019 $60 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

PROJECT

Price Message
Project 2019 Pro $40 Message
Project 2016 Pro $30 Message

VISIO

Price Message
Visio 2019 Pro $40 Message
Visio 2016 Pro $30 Message

DISLCLAIMER

submitted by s5ean to microsoftsoftwareswap [link] [comments]

👍🏼✔️️[H] Windows🔑 | Server🚀 | Office💻 🔥| Visio | Project🔑 | Visual Studio | Adobe CC 🔑 [W]Zelle, Venmo, Amazon Gift, Bitcoin,🚀 Ethereum, 💻 Credit Cards, PayPal👍🏼

ALL PRICES ARE IN USD

PAYMENT METHODS

Please make sure you look at my most recent thread for updated prices and products

Currently giving 10% off when Bitcoin and Ehtereum is used!!

Need Win 10 for 100+ Machines? Ask me for details

Adobe Creative Cloud 1 Year Keys in stock!

HOW TO BUY

DO NOT contact me via chat only via PM

Windows10

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Windows 10 Home $40 32/64Bit Downloa Pay Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Education $30 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Enterprise $50 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Office

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Office 2019 Pro Plus $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2013 Pro Plus $30 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 Pro Plus $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 For Mac Home And Business $50 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2019 For Mac Home And Business $80 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Adobe Creative Cloud 1 Year Key What's Included?

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Adobe CC 1 Year Key $170 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

WINDOWS SERVER

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Windows Server 2016 $35 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2016 Datacenter $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 Datacenter $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

VISUAL STUDIO

Price Download Paying with Credit Card Paying with Cash App Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2017 $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2019 $60 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

PROJECT

Price Message
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VISIO

Price Message
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DISLCLAIMER

submitted by s5ean to microsoftsoftwareswap [link] [comments]

Why Bitcoin is Superior to Gold

There is a constant war being fought between goldbugs, like Peter Schiff, and Bitcoin enthusiasts so I decided to make an outline, with links, comparing and contrasting gold and Bitcoin. I made this in November of 2019 (thus the information therein is based on figures from that time) but, being scatter brained, neglected to post this for the Bitcoin community to see. The yardsticks I used to compare the two assets included the following: shipping/transactions costs, storage costs, censorship factor, settlement time, stock to flow, blockchain vs clearing house, validation, etc. I will also touch on Roosevelt's gold confiscation executive order in 1933, transporting gold during the Spanish Civil War in 1936, and the hypothetical cost for Venezuela to repatriate its gold more recently.
I will provide a brief summary first then follow that with the outline I made. This information can be used as a tool for the Bitcoin community to combat some of the silly rhetoric coming from goldbugs such as Peter Schiff and James Rickards. I would like to make it clear, however, that I am not against gold and think that it performed its role as money very well in a technologically inferior era, namely Victorian times but I think Bitcoin performs the functions of money better than gold does in the current environment.
I have been looking to make a contribution to the Bitcoin community and I hope this is a useful and educational tool for everyone who reads this.
Summary:
Shipping/transaction costs: 100 ounces of gold could be shipped for 315 dollars; the comparable dollar value in Bitcoin could be sent for 35 dollars using a non-segwit address. Using historical precendent, it would cost an estimated $32,997,989 to transport $1 billion in gold using the 3.3% fee that the Soviets charged the Spaniards in 1936; a $1 billion Bitcoin transaction moved for $690 last year by comparison. Please note that the only historic example we can provide for moving enormous sums of gold was when the government of Spain transported gold to Moscow during the Spanish Civil War in 1936. More information on this topic will be found in the notes section.
Storage costs: 100 ounces of gold would require $451 per year to custody while the equivalent value of Bitcoin in dollar terms could be stored for the cost of a Ledger Nano S, $59.99. $1 billion USD value of gold would cost $2,900,000 per year while an Armory set up that is more secure would run you the cost of a laptop, $200-300.
Censorship factor: Gold must pass through a 3rd party whenever it is shipped, whether for a transaction or for personal transportation. Gold will typically have to be declared and a customs duty may be imposed when crossing international borders. The key take-away is gatekeepers (customs) can halt movement of gold thus making transactions difficult. $46,000 of gold was seized in India despite the smugglers hiding it in their rectums.
Settlement time: Shipping gold based on 100 ounces takes anywhere from 3-10 days while Bitcoin transactions clear in roughly 10 minutes depending on network congestion and fee size.
Historic confiscation: Franklin Roosevelt confiscated and debased the paper value of gold in 1933 with Executive Order 6102. Since gold is physical in nature and value dense, it is often stored in custodial vaults like banks and so forth which act as a honeypot for rapacious governments.
Stock to flow: Plan B's stock to flow model has become a favorite on twitter. Stock to flow measures the relationship between the total stock of an asset against the amount that is produced in a given year. Currently gold still has the highest value at 62 while Bitcoin sits at 50 in 2nd place. Bitcoin will overtake gold in 2024 after the next halving.
Blockchain vs clearing house: gold payments historically passed through a 3rd party (clearinghouse) in order to be validated while Bitcoin transactions can be self validated through the use of a node.
Key Takeaway from above- Bitcoin is vastly superior to gold in terms of cost, speed, and censorship resistance. One could theoretically carry around an enormous sum of Bitcoin on a cold card while the equivalent dollar value of gold would require a wheelbarrow...and create an enormous target on the back of the transporter. With the exception of the stock to flow ratio (which will flip in Bitcoin's favor soon), Bitcoin is superior to gold by all metrics covered.
Notes:
Shipping/transaction costs
Gold
100 oz = 155,500. 45 x 7 = $315 to ship 100 oz gold.
https://seekingalpha.com/instablog/839735-katchum/2547831-how-much-does-it-cost-to-ship-silver-and-gold
https://www.coininvest.com/en/shipping-prices/
211 tonnes Venezuela; 3.3% of $10.5 billion = 346,478,880 or 32,997,989/billion usd
http://blogs.reuters.com/felix-salmon/2011/08/23/how-to-get-12-billion-of-gold-to-venezuela/ (counter party risk; maduro; quotes from article)
Bitcoin
18 bitcoin equivalent value; 35 USD with legacy address
https://blockexplorer.com/
https://bitcoinfees.info/
1 billion; $690 dollars
https://arstechnica.com/tech-policy/2019/09/someone-moved-1-billion-in-a-single-bitcoin-transaction/
Storage costs
Gold
.29% annually; https://sdbullion.com/gold-silver-storage
100 oz – $451/year
$1 billion USD value – $2,900,000/year
Bitcoin
Ledger Nano S - $59.00 (for less bitcoin)
https://shop.ledger.com/products/ledger-nano-s/transparent?flow_country=USA&gclid=EAIaIQobChMI3ILV5O-Z5wIVTtbACh1zTAwqEAQYASABEgJ5SPD_BwE
Armory - $200-300 cost of laptop for setup
https://www.bitcoinarmory.com/
Censorship factor (must pass through 3rd party)
Varies by country
Gold will typically have to be declared and a customs duty may be imposed
Key take-away is gatekeepers (customs) can halt movement of gold thus making transactions difficult
$46,000 seized in India
https://www.foxnews.com/travel/indian-airport-stops-29-passengers-smuggling-gold-in-their-rectums
Settlement time
Gold
For 100 oz transaction by USPS 3-10 days (must pass through 3rd party)
Bitcoin
Roughly 10 minutes to be included in next block
Historic confiscation-roosevelt 1933
Executive Order 6102 (forced spending, fed could ban cash, go through and get quotes)
https://en.wikipedia.org/wiki/Executive_Order_6102
“The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and making the depression worse”
Stock to flow; https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 (explain what it is and use charts in article)
Gold; SF of 62
Bitcoin; SF of 25 but will double to 50 after May (and to 100 in four years)
Blockchain vs clearing house
Transactions can be validated by running a full node vs. third party settlement
Validation
Gold; https://www.goldismoney2.com/threads/cost-to-assay.6732/
(Read some responses)
Bitcoin
Cost of electricity to run a full node
Breaking down Venezuela conundrum; http://blogs.reuters.com/felix-salmon/2011/08/23/how-to-get-12-billion-of-gold-to-venezuela/
“The last (and only) known case of this kind of quantity of gold being transported across state lines took place almost exactly 75 years ago, in 1936, when the government of Spain removed 560 tons of gold from Madrid to Moscow as the armies of Francisco Franco approached. Most of the gold was exchanged for Russian weaponry, with the Soviet Union keeping 2.1% of the funds in the form of commissions and brokerage, and an additional 1.2% in the form of transport, deposit, melting, and refining expenses.”
“Venezuela would need to transport the gold in several trips, traders said, since the high value of gold means it would be impossible to insure a single aircraft carrying 211 tonnes. It could take about 40 shipments to move the gold back to Caracas, traders estimated. “It’s going to be quite a task. Logistically, I’m not sure if the central bank realises the magnitude of the task ahead of them,” said one senior gold banker.”
“So maybe Chávez intends to take matters into his own hands, and just sail the booty back to Venezuela on one of his own naval ships. Again, the theft risk is obvious — seamen can be greedy too — and this time there would be no insurance. Chávez is pretty crazy, but I don’t think he’d risk $12 billion that way.”
“Which leaves one final alternative. Gold is fungible, and people are actually willing to pay a premium to buy gold which is sitting in the Bank of England’s ultra-secure vaults. So why bother transporting that gold at all? Venezuela could enter into an intercontinental repo transaction, where it sells its gold in the Bank of England to some counterparty, and then promises to buy it all back at a modest discount, on condition that it’s physically delivered to the Venezuelan central bank in Caracas. It would then be up to the counterparty to work out how to get 211 tons of gold to Caracas by a certain date. That gold could be sourced anywhere in the world, and transported in any conceivable manner — being much less predictable and transparent, those shipments would also be much harder to hijack. How much of a discount would a counterparty require to enter into this kind of transaction? Much more than 3.3%, is my guess. And again, it’s not entirely clear who would even be willing to entertain the idea. Glencore, perhaps?”
“But here’s one last idea: why doesn’t Chávez crowdsource the problem? He could simply open a gold window at the Banco Central de Venezuela, where anybody at all could deliver standard gold bars. In return, the central bank would transfer to that person an equal number of gold bars in the custody of the Bank of England, plus a modest bounty of say 2% — that’s over $15,000 per 400-ounce bar, at current rates. It would take a little while, but eventually the gold would start trickling in: if you’re willing to pay a constant premium of 2% over the market price for a good, you can be sure that the good in question will ultimately find its way to your door. And the 2% cost of acquiring all that gold would surely be much lower than the cost of insuring and shipping it from England. It would be an elegant market-based solution to an artificial and ideologically-driven problem; I daresay Chávez might even chuckle at the irony of it. He’d just need to watch out for a rise in Andean banditry, as thieves tried to steal the bars on their disparate journeys into Venezuela.”
submitted by cornish_roots to Bitcoin [link] [comments]

Sending BTC "Anonymously"

Bitcoin noob here never used before, i follow a group with controversial opinions which has been serially deplatformed and moved to bitcoin recently as the primary means of support. Nothing illegal, but want to distance myself directly from my IRL ID info and avoid any dox risk by association. What is the best way to send bitcoin in the amount of 50-100 USD if they provide a unique bitcoin address to send to? Which coin exchange and wallet should I use, and how to dissociate my personal bank or credit card from the transaction/donation itself on the public blockchain ledger? Would it be better to use a prepaid debit card instead of a personal credit card to avoid directly associating to my personal ID? Sorry if these are dumb questions, i was never really interested in getting into using BTC until the group got forced into it so now im learning about it as the only available option. Thanks
submitted by ch1418 to BitcoinBeginners [link] [comments]

👍🏼✔️️[H] Windows🔑 | Server🚀 | Office💻 🔥| Visio | Project🔑 | Visual Studio | Adobe CC 🔑 [W]Zelle, Venmo, Amazon Gift, Bitcoin,🚀 Ethereum, 💻 Credit Cards, PayPal👍🏼

ALL PRICES ARE IN USD

PAYMENT METHODS

Please make sure you look at my most recent thread for updated prices and products

Currently giving 10% off when Bitcoin and Ehtereum is used!!

Need Win 10 for 100+ Machines? Ask me for details

Adobe Creative Cloud 1 Year Keys in stock!

HOW TO BUY

DO NOT contact me via chat only via PM

Windows10

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Windows 10 Home $40 32/64Bit Downloa Pay Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Education $30 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Enterprise $50 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Office

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Office 2019 Pro Plus $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2013 Pro Plus $30 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 Pro Plus $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 For Mac Home And Business $50 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2019 For Mac Home And Business $80 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Adobe Creative Cloud 1 Year Key What's Included?

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Adobe CC 1 Year Key $170 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

WINDOWS SERVER

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Windows Server 2016 $35 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2016 Datacenter $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows Server 2019 Datacenter $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

VISUAL STUDIO

Price Download Paying with Credit Card Paying with Cash App Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2017 $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2019 $60 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

PROJECT

Price Message
Project 2019 Pro $40 Message
Project 2016 Pro $30 Message

VISIO

Price Message
Visio 2019 Pro $40 Message
Visio 2016 Pro $30 Message

DISLCLAIMER

submitted by s5ean to microsoftsoftwareswap [link] [comments]

👍🏼✔️️[H] Windows🔑 | Server🚀 | Office💻 🔥| Visio | Project🔑 | Visual Studio | Adobe CC 🔑 [W]Zelle, Venmo, Cash App, Amazon Gift, Bitcoin,🚀 Ethereum, 💻 Credit Cards💳, PayPal👍🏼

ALL PRICES ARE IN USD

PAYMENT METHODS

Please make sure you look at my most recent thread for updated prices and products

Currently giving 10% off when Bitcoin and Ehtereum is used!!

Need Win 10 for 100+ Machines? Ask me for details

Adobe Creative Cloud 1 Year Keys in stock!

HOW TO BUY

DO NOT contact me via chat only via PM

Windows10

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Windows 10 Home $40 32/64Bit Downloa Pay Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Education $30 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Windows 10 Enterprise $50 32/64Bit Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Office

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
Office 2019 Pro Plus $60 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2013 Pro Plus $30 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 Pro Plus $50 Request Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2016 For Mac Home And Business $50 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Office 2019 For Mac Home And Business $80 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

Adobe Creative Cloud 1 Year Key What's Included?

Price Download Paying with Credit Card Paying with Zelle Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Paying with Venmo
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WINDOWS SERVER

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Windows Server 2016 $35 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
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VISUAL STUDIO

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PROJECT

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submitted by s5ean to microsoftsoftwareswap [link] [comments]

Some Bitcoin Analysts and Prediction Today and Yesterday & Why "It's not the Price, Dummy"

This is just for fun, I generally have no strong feelings toward bitcoin price (I'm just fundamentally against zero-sum get rich schemes). But today I decided to do a little bitcoin search in news.google.com and see what today's bulls were predicting in 2018. Side note, almost all of the news articles came from crypto sites. I tried my best to stay away from them. Farming magazine telling you agriculture is the future isn't exactly shocking.
To people who invest, please don't consider this as a prediction that price will fall. I'm not astute or smart enough to predict either way. The only possible use is to make sure you are more skeptic regarding predictions. Keep in mind, a rich CEO or consultant can lose 100 million and not really affect his life that much, but a 10k or 100k lose for some people can be devastating. And remember, some of these rich hedge managers don't believe their own bullshit, and hopefully, some of these quotes will emulate that.
(Note, I won't waste time linking them all, but by quoting them directly, it should be easy to google)
(another side note, I didn't purposely search out specific names. I went by the first names I came across, and only ignoring those that I couldn't find anything regarding crypto in past years)

Mike Novogratz

Present: Business Inside: Bitcoin is like 'digital gold' and won't be used the same as a traditional currency in at least 5 years, billionaire investor Mike Novogratz says
Past: On Nov, 2017, he said: "Bitcoin could ‘easily’ reach $40,000 by the end of 2018, hedge fund legend Novogratz says"
2018: "Michael Novogratz calls a bottom in cryptocurrencies" (it wasn't)
Novogratz started a crypto funding in 2018. First 9 months "Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months" (Bloomberg). Quarter 4: "Galaxy Digital Posts $32.9 Million in Net Loss for Q4 2019". Feb 2020 "Mike Novogratz’s Galaxy Digital Slashes 15% Staff"

Raoul Pal

Present: "For Raoul Pal, CEO of Real Vision, the bullish atmosphere had been reinforced, and further gains were more likely than ever.
“There are literally only two resistances left on the #bitcoin chart - 14,000 and then the old all-time high at 20,000,” he tweeted."
In a tweet today, he said, "Bitcoin is eating the world...
It has become a supermassive black hole that is sucking in everything around it and destroying it. This narrative is only going to grow over the next 18 months.
You see, gold is breaking down versus bitcoin...and gold investors will flip to BTC"
Past: 2014: "Put them in the same kind of equation we get a value of bitcoin and that value is a million dollars. Now, you'll never hear an analyst say this—but I don't mind this—I could be wrong by 90%, and it's still worth $100,000." (to be honest, that's a bit of an impressive prediction in 2014)
On the other hand, he probably didn't really believe his own prediction because in June, 2017 (when it was 2000 USD or so), he said: " “This is the most exponential move we have seen. I don’t know how far it goes, but I sold out last week… and I’ve [owned Bitcoin] since it was $200. Anything that moves exponentially, always [blows up].”"
In 2016, "This view brings Pal to the asset he favors most over the next year out of bonds, equities, currencies and commodities: the dollar."

---

Eh, that was just two. I was hoping to mention several people, but it appears not many people are actually making predictions anymore, and anyone mentioned are basically not big people so I couldn't find much on them regarding bitcoin before 2019.
So, the main thing I like to highlight are the analysts and such are going to make money whatever happens. Fund managers are playing with people's money and, as long as they are not involved in frauds, there is no real harm to them against wrong predictions. Generally, successful business people are successful because they were loud, confident, and were able to convince others that they had the right idea. Even when wrong, they bounce back. Most of us aren't like that.
Some bitcoiners come here to boast when price goes up, as if the increase in price is an indication that argument against bitcoin has been proven wrong. While some people here are fanatically anti-bitcoin, I am not one of those. I have nothing against people making money (why would I be upset that people I don't know around the world became wealthier??). But since bitcoin investing is by design a zero sum game, certain people will eventually lose, and it is most likely it is the people who were listening to predictions by experts that would ultimately be financially hurt, and not the experts making the predictions.
Crypto investing has been a platform where the average person works hard in his day to day life, and then brings the fruits of his labor into this field. The actual productive part of that person's life is the one outside crypto, where they had been productive for the community, and in exchange, they receive wages. Crypto investing's promise is for this wage to increase without the actual productivity. The concern is mainly that the result of all that labor will be misused by crypto "experts" who's own income (their labor) is directly linked to predictions on crypto.
The above paragraph is badly explained, but the main point is that the average person brings in outside money they worked hard for, while "experts" there is generally no outside money, crypto fund management or consulting itself is their job.
---
Money can be made, of course, but money being made isn't necessarily an argument for something. Bitcoin, and crypto, has for the past 1.5 decades still largely just about numbers going up. Google trend on "bitcoin" show top related queries being "bitcoin price", "bitcoin usd", "bitcoin usd price". When people come here when it hits a particular arbitrary price point thinking it's their gotcha moment, it actually just reinforces my argument that it is only about the price. Nothing in the history of human economy has ever lasted based only on the economic model of who you could resell it for at a higher price.
Even DeFi's smart contracts (as much as I could understand it) is about prices going up. It's like for these people the concept of contracts are based purely on money exchanging hands, and no actual task being done. Almost all contracts globally are based on specific productive tasks being done, such as employee contract, supplier contract, property contract, and so on. Only a tiny amount of it is based on "if this currency goes up, then give me that currency" contracts.
---
submitted by madali0 to Buttcoin [link] [comments]

Hulk.Finance: A Combination of DeFi and High Frequency Trading

DeFi continues to push the limits of blockchain technology. Whether its staking a native token for a second token from the same ecosystem, locking liquidity for an eternity to promote liquidity providing and the benefits of locking tokens, or simply creating new tokenomics that can be tested and studied, DeFi is exploring all avenues to produce the next breakout token such as YFI. Hulk.finance has stepped in to do just that.

Hulk.finance (Contract Address: 0xE1f8CD01aB04b51d02C6fb2BCA61B03fB5e33B99**)** is an ERC20 token which plans to utilize a DAO (Decentralized Autonomous Organization) format that will be community governed in order to promote high frequency trading in a manner only DeFi can bring to the table. As stated on their website, “Our project connects a high-yield partner HFT (High Frequency Trading) fund that has successfully worked from the beginning of 2020 and has year-to-date yields of more than 40%. The fund size is more than 70 millions USD and they operate on several cryptocurrency exchanges like Binance and Bithumb with their API robots. What is good — automated trading does not require continuous uptrend of the Bitcoin price. We have seen good results during Bitcoin breakouts and breakdowns. We want to have the same yields from our investments. But there is a problem — they work with an entrance barrier of 1,000,000 USDT, like many private banking services or high-yield ETFs. Our basic idea is to make a kind of DeFi staking pool and put it under the management of the HFT fund. We will develop all infrastructure for connecting finance flows, deposits, and withdrawals.

The HULK total supply is 100,000 Tokens. Distribution breakdown is as follows:

The project is new but already has a road-map to help guide their lofty ambitions. The first step begins with the formation of the pre-sale and Liquidity pool on Uniswap which is currently ongoing. Secondly, they will distribute Hulk tokens via staking farms. As described in their website they “will run staking farms for farming 80,000 HULKs*. You will need to stake appropriate tokens on the selected farms to get your share of rewards in HULKs. Farm 1 will farm rewards of 60,000* HULKs within 15 days, staking token — ETH-HULK LP Uniswap V2. Farm 2 will farm rewards of 10,000 HULKs within 15 days, staking token — USDN. Farm 3 will farm rewards of 10,000 HULKs within 15 days, staking token — Token Y. Token Y will be announced prior to the farms’ launch. Genesis farming time will be 15 days, after that farming rate will be settled on the level of 15th day. We implement halving every three days, so early farmers will get more HULKs. View on Etherscan. In order to support the price of the token from dumping, we will take a 5% commission for the sale of tokens, when holders sell it on Uniswap, burn 4% and add 1% to the community grants account. The burnt amount will be added to farming pools after 15 days of initial farming. So, for example, if someone sold 20,000 HULKs, we will take 1,000 tokens, burn 800 of them and they will be re-minted on day 16. 200 tokens will be sent to the community grants address. The total supply is 100,000 tokens.”

The third step includes the staking pool. The staking pool will be open for everyone on the following terms and conditions.


Funds from the staking pool will be transferred to the HFT fund for trading operations.

Lastly, the Vault concept is descriptive. “We want to share revenue from HFT fund among HULK holders that stake their tokens in HULK Vault. HFT fund will send revenue from its operation once a month, on the first day of the following month. Current concept: Monthly revenue from HFT operations will be shared between HULK tokens staked in the vault according to the time of staking divided on 720 hours. Example: You stake your 500 HULK tokens in Vault for 20 days (480 hours). Your HULK/hours equal to 500*480=240,000. Total HULK/hours in Vault in this month — 60,000,000. Your share in this month = 0,4%. HFT fund has earned 4% on staking pool funds this month. After payout of their 1,25% (15%/12) per month to USDT stakers, the remaining part is 10,000,000 USDT x 2,75% = 275,000 USD. Your profit share 0.4% of 275,000 = 1100 USDT will be sent as USDT to your address, connected with a Vault.”

All of the above described by the tokens creators seems very complicated, but many tokens are already trying to accomplish this without access to an already built fund which can execute trades on a daily basis. Also due in part is the projects commitment to becoming a DAO by allowing holders to vote on key project decisions and development to make the ecosystem more effective and manageable. Decentralization is the most trustworthy base of contract/cryptocurrency ownership. It creates a unique and secure environment free from direct outside influence due to the filter of the entire community being involved. The developers have said that the voting system for the project will be done within the first 30 days of project launch.

With lofty ambition and high expectations, the project looks to capitalize on the DeFi boom by hedging their fund against the market and giving holders a share of the pie. It will be interesting to see how successful and sustainable the project can be, but we will find out soon enough.

Pertinent Hulk.Finance Links:



(I write articles and reviews for legitimate, interesting, up and coming cryptocurrency projects. Feel free to PM me to review your project. Thank you!)

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Disclaimer: This is not financial advice. The sole purpose of this post/article is to provide and create an informative and educated discussion regarding the project in question. Invest at your own risk.
submitted by Chrisc9234 to CryptoMoonShots [link] [comments]

👍🏼✔️️[H] Windows🔑 | Server🚀 | Office💻 🔥| Visio | Project🔑 | Visual Studio | Adobe CC 🔑 [W]Zelle, Venmo, Amazon Gift, Bitcoin,🚀 Ethereum, 💻 Credit Cards, PayPal👍🏼

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Adobe Creative Cloud 1 Year Key What's Included?

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VISUAL STUDIO

Price Download Paying with Credit Card Paying with Cash App Paying with Bitcoin Paying with PayPal Paying with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2017 $40 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo
Visual Studio Enterprise 2019 $60 Download Pay with Credit Card Pay with Zelle Pay with Bitcoin Pay with PayPal Pay with Amazon Gift Card Pay with Venmo

PROJECT

Price Message
Project 2019 Pro $40 Message
Project 2016 Pro $30 Message

VISIO

Price Message
Visio 2019 Pro $40 Message
Visio 2016 Pro $30 Message

DISLCLAIMER

submitted by s5ean to microsoftsoftwareswap [link] [comments]

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