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BetterBitcoin

BetterBitcoin is a subreddit for news, discussion and jokes about the currency of the internet (or the internet of currency): Bitcoin.
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The place for everything bitcoin!

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no one in charge of bitcoin and it is made up of willing participants. Bitcoin gives you the option to be your own bank.
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TipHound - Monetizing Content One Tip at Time

TipHound - Monetizing Content One Tip at Time
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Changetip introduces its own wallet! Yobit exchange in trouble? #Bitcoin rises as #ethereum consolidates https://www.cryptocompare.com/email-updates/daily/2016/feb/29/

submitted by cryptocompare to cryptocompare [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]

Bitcoin Cash is the Manifestation of the Honey Badger! Post here and get free bits, its Tipping Tuesday! We will spread economic freedom worldwide!

Tipping Tuesday is a long tradition that originated in /bitcoin before the moderators banned and censored the tipping threads, and changetip went extinct because of Core's policies of strangling layer one transactions. There is only one true Bitcoin that follows the definition of Bitcoin as a chain of signatures in satoshi's whitepaper and that is Bitcoin-BCH. Ever since Bitcoin Legacy was attacked and usurped by central banking oligarch forces, they have had a policy of high fees and unreliable transactions. The Cult of Core no longer even advocates Bitcoin as Cash, but instead say its a high fee settlement system, and they look forward to $1000 fees. They have used censorship and propaganda, and dirty tricks like false agreements such as NYA and the Hong Kong fake agreements where they promised block size limit increases along with segwit as a compromise, and then backstabbed us in order to unethically sneak segwit in past Nakamoto consensus without giving the blocksize upgrade. The amount of slander and dirty tricks are near endless. I even have people impersonating me on twitter to make me look bad. These are the type of dirty tricks and COINTELPRO tactics being used against the Bitcoin community.
Because of this usurpation of Bitcoin, and BlockStream Core's policies, many companies and services have stopped using Bitcoin. Dell stopped accepting it, Rakuten stopped, Steam stopped, coinmixers stopped, Reddit, Stripe, Circle, Microsoft (for a time), Fiverr, Satoshidice, Changetip, Expedia, and many more stopped accepting Bitcoin-Legacy. Core said its ok because Bitcoin doesn't need to be used, it has "store-of-value". But some of us realize that Bitcoin gets its value from being used as a currency, we see the unlimited potential a free and permissionless money system has and we are not going to give up so easily. With Bitcoin Cash, our ecosystem is blooming. On BCH we are building and innovating again. We have been added to the biggest payent processors and exchanges like Coinbase and BitPay. We have innovative new products like censorship resistant social media on memo.cash and blockpress.com platforms. Satoshidice has been revived again using the BCH blockchain. Mixers and decentralized shuffling protocols like cashshuffle are being built. Tip bots are back and stronger than ever. We can finally transact normally again and continue the vision of Satoshi as a world wide cash system that brings economic freedom everywhere. BlockStream says Bitcoin is not for everyone, but it seems the Bitcoin Cash community disagrees and wants to spread economic freedom world wide saving lives and improving this world. It is our job to work hard defending Bitcoin, and spreading BCH everywhere.
Please post here to get some free bits. Bits is the historical unit for Bitcoin, but it also went extinct from the high fees on BTC-Legacy. Bits can only be feasible on BCH the real Bitcoin with low fees, it just doesn't work on Bitcoin-Legacy anymore. Coinbase and Bitpay had adopted bits before the fees killed it and my hope is they will embrace it for BCH again. There are 1 million bits in a BCH. If newbs have any questions please feel free to ask in the thread as well and get advice on how to use the tip bot, and withdraw to your own wallet, or other aspects about why Bitcoin-BCH is good, and why Bitcoin-BTC is so bad.
Reddit usage for tippr directions are here: https://www.reddit.com/tippwiki/reddit-usage
Information on chaintip the other tip bot is here: https://www.chaintip.org/
I suggest using the Bitcoin.com wallet for withdrawing BCH because they have BCH as default. You may also want to try the Bitpay wallet, which has some added features like a shapeshift button to change your btc-segwits into Bitcoin-BCH (bitcoin.com has this as well), as well as an amazon button to purchase amazon gift cards instantly in the BitPay app using Bitcoin. And there is a bitcoin BitPay debit card option in the app as well.
In the BitPay wallet you will need to add the BCH wallet as a second wallet as its not there by default. So press the + symbol and create new personal wallet, then choose coin BCH and back it up.
If you need to change between legacy and the new cashaddr format then use this tool: https://cashaddr.bitcoincash.org/
Its a lot of work doing these tipping threads but we were being attacked with fake Tipping Tuesday threads by Core trolls, so someone had to turn up the heat. It takes a lot of energy and funds to do these threads but they seem effective at getting newbs involved and its also good PR for our community. If you like what I am doing, please consider donating, to help keep these things going.
tippr stats are here
Donation Address: legacy address format: 1FjUvvvaegkCipDDLFVsHeMrSeRCiBnnk3 new cashaddr format: bitcoincash:qzse4z78funz3033ft29lzrlyx3c2ufwyy8m5rgh99
submitted by cryptorebel to btc [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]

EU's Top Court Rules That Bitcoin Exchange Is Tax-Free

EU's Top Court Rules That Bitcoin Exchange Is Tax-Free submitted by Onetallnerd to Bitcoin [link] [comments]

250

Celebrate.
submitted by b44rt to Bitcoin [link] [comments]

Magic Internet Money, Join Us!

Magic Internet Money, Join Us! submitted by FluxSeer to Bitcoin [link] [comments]

A year ago today

A year ago today:
just putting things into perspective
submitted by cqm 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 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]

Gentlemen...I am so frickin excited for 2015...

This year was insane, I could never have imagined how fast things are moving. Yes the price is down. I don't care...everything is clicking.
If you are are worried about the price, just realize there is no scenario in which bitcoin moves from speculator phase to mainstream phase and stays worth hundreds of $. There is only so much bitcoin out there.
We are gradually approaching an inflection point--a crossing of the chasm...I don't know when this will be but it's coming. Bitcoin is a long-term investment. The market is immature/illiquid, let the whales do what they want.
P.S. Not sure if anyone has noticed but based on the types of posts/comments the last week or two, there are clearly a bunch of new users around. Be nice to them and take time to explain things.
Please spare me the "you could have said this at x price, and now the price is y", my point is not that this is the bottom or any type of market advice, I don't know what will happen. I only know there is a limit on the supply of bitcoin and it is increasingly becoming more and more apparent that the use of bitcoin will eventually move from strictly being a tool of the speculatotech nerd crowd to more mainstream use.
Recently I used a magic URL to tip some skeptical friends in an email chain, and instead of the usual argument, one of them was glad to accept it. And this came to me:
"First they Ignore you, then they laugh at you, then they fight you, then they accept your changetip"
**Edit: Oh noes, the buttcoin brigade is in the house!
In all seriousness though, I couldn't be more excited for the upcoming year, sorry if the style was a little too "to the moon fanboy"as some have suggested, but I'll take the current status of bitcoin today at any price--over what it was 1 year ago at $1000. That's just how I feel. I do not represent the bitcoin community. I'm just a dude. Who ever is quickest to the trigger come grab some coin!
http://tip.me/once/TkYB-epnf6pXF
I'm out--drops the mike.
submitted by jmaller to Bitcoin [link] [comments]

BittyTax - New open source project for cryptoasset accounting/audit/tax tools

BittyTax - New open source project for cryptoasset accounting/audit/tax tools

BittyTax
I wrote this code last year to do my own tax return as at the time there was nothing available for UK tax rules. I decided to make it open source here https://github.com/BittyTax/BittyTax.
It’s command line tools only at the moment, but I’m working on next version which will integrate directly into Excel to make it a bit easier to use.
I've done a lot of testing and some friends have used it for their tax returns, but bear in mind it is still in beta.
If you get any problems or there's any feature you would like added, please raise an issue here.
It currently handles these data file formats:
Wallets:
  • Electrum
  • Ledger Live
  • Qt Wallet (i.e. Bitcoin Core)
  • Trezor
Exchanges:
  • Binance
  • Bitstamp
  • Bittrex
  • ChangeTip
  • Circle
  • Coinbase
  • Coinbase Pro
  • Coinfloor
  • Cryptopia
  • Cryptsy
  • Gatehub
  • OKEx
  • Poloniex
  • TradeSatoshi
  • Uphold
  • Wirex
Explorers:
  • Etherscan
Historic price data for fiat/crypto are taken from these sources:
submitted by nanonanouk to BitcoinUK [link] [comments]

Announcing Changetip Partnership


We're happy to announce that we've partnered up with Changetip to help grow and expand /millionairemakers. We're looking to expose members of the Changetip community to /millionairemakers, and vice versa.
So how will this work?
Changetip will run bitcoin giveaways here and donate directly to the winner. At no point will any mods receive money. We're hoping that the combined efforts of changetip and millionairemakers will gain this sub more traction.
Good luck on the drawing this Friday! (and have you followed us on twitter yet?)
submitted by Paltry_Digger to millionairemakers [link] [comments]

MM #24?! Spookionaire? Unreal. AMA

This is #24, the 25th winner has been found!!! Donate here
A WEEK FROM MY BIRTHDAY!!! I'm astounded by the generosity of this community and happy to be a part of it. This is one of those things reddit does (really credit goes to the creatomods for organizing all this so amazingly) that absolutely warms the cockles of my heart. As soon as I stop shaking I'll try to get some thoughts down here. This is completely unreal.
I'm an unemployed electrical engineer who recently moved back home with his folks, my unexpected unemployment sort of put the brakes on my life. Dream job out of the picture I am just now embarking on the path to create a company. This money will help me wade through the path I've chosen, and goes a long way to ease the worries of unemployment (re:health insurance)! I can not be more thankful for all the help.
This is just incredible, thank you you generous generous bastards.
First Edit: I got a late start but I think I've set up the tip bots properly now? Litecoin won't return my PMS ;_; I'll have that sorted soon. In the meantime you guys are amazing, $98 (ish) bucks! I'll update in a few hours.
Edit 2: Total is at: $217.50!!! I have to throw a special thanks out to the_real_octojay (his BTC: 19v9SLayJtFvLgVvRwcZNhRtisNetXNcUa) who has been helping me out with this crypto currency stuff. We can't seem to figure out what is going on with the dogecoin tips. Either way he has ushered me into this crazy world of crazy internet crazy money. I feel like party cat every time I check reddit, you guys are the best.
Edit 3: 5pm: $300.33!!
Edit 4: 8pm: $454.04!
Watching this arrive has made this day incredible, I have to get to sleep soon (as I was up till about 4:30am last night in a complete tizzy). I'll update again tomorrow AM. THANK YOU thank you thank you thank you.
Edit 5: 7am: 814.21!!
I'd say this is the best thing I've done first thing Monday in recent memory.
Edit VI: 11am: $979.30!!
Looks like dogecoin is working! So excite, much doge. Also Paypal was at 666.41, sppppooooky!
Edit G: 4pm: $1082.32!
More updates to come as donations from you awesome crazy people slowly trickle in.
Edit 8: 7pm: 1109.88!
You all deserve special adult hugs, or whatever your comfort level is. I don't judge.
Edit 9: 8am: 1174.71!!
Paypal limited account because some donations were for exchange of services. When both $20,000 is received and 200 "exchange for goods/services" transactions occur Paypal needs to fill out tax information. WELL before this limit is reached Paypal will make you enter one of three tax IDs (ss EIN and, I think business tax number?). I've punched my info in and the account is unlocked. I had given them my info over the phone, but they didn't pu it in (I think it was just included as a note on the account). I just wanted to type all that out so future winners can see it and clear up any confusion!
Edit 1e+1 : 4pm: 1234.64!
So close to 1234.56. Some change tip stuff still has to register in the comments so its just a touch over that. I've edited down some of the early updates to save on text, make it easier to read. Trust me when I say they are full of excitement!
I've thought about this a lot over the past couple days, and I think I really want a physical thing to comemorate this. Something I can look at and say "the internet bought me X in 2016". A pile of cocaine is a transient thing after all.
With all the light milling/drilling work I do I've decided to go with a Grizzly mill/drill: http://www.grizzly.com/products/Mill-Drill/G0463?utm_campaign=zPage My lab is cleaner than a metal shop, so buying new will help me keep it that way. I should be able to leave a tool like that to future generations. Can't afford a plaque, but I have a few reddit stickers kicking around. More updates to come, all those that are donating late I'm really happy you remembered and it means a ton to me. THANK YOU MILLINOARE MAKERS!
Edit 11: 4pm: 1301.60!! :D Changetip caught up finally.
3d17 12: 1pm: 1334.45!!
Guess I'm leea...t? The tap has just about stopped so it may be awhile before another update. I changed the model of mill/drill after some advice from a good friend. still has space for a sticker or two :D
Edit 13: 1:30p (10/29): 1447.70
Spooky! Happy Halloween party night!
Edit 14: Bday time it's the 3rd, 3:33PM. I'm 33 Total: 1472.92
google changed the way wallet is displayed so I have to add everything by hand. Donations are sparse now so I think this is basically the grand total!! Thanks so much everyone, I'll update this post when I can share the actual physical THING that reddit bough :D :D :D :D D: :D
Edit 15: 11/22 total: 1532.38!!
I'm going to keep the changetip account open till the bitter end, so if you feel like liquidating toss it my way... oh boy that could sound wrong in so many ways.
This part is written by the mods:
All of the amounts below should result in oh_bother receiving about $1 USD
Methods of payment:
Tipbots
Guide Amount Comment this to donate
Dogetip Guide 5000 Doge "+dogetipbot 5000 doge"
Litetip Guide $1 "+litetip $1"
Cryptocurrency transfer
Guide Amount Address QR Code
Bitcoin Guide 0.0017 BTC 3Mum52v9gnY7jagvFDu1Go1taVRWHYspgx http://i.imgur.com/jJI1OPR.png
Dogecoin Guide 5000 Doge A3gfDHhgsqKqgZ79Pu6ypmTf2hdtDXheBJ http://i.imgur.com/MlhafRp.png
Litecoin Guide 0.3 LTC 3LfM98THQujzifEXZ3wFEMa5vSRTepu5C8 http://i.imgur.com/lcIdMIM.png
Cash transfer
Guide Amount Address
PayPal Guide $1.40 [email protected]
Google Wallet Guide $1 [email protected]
submitted by oh_bother to millionairemakers [link] [comments]

There are no more Bits :(

There are no more Bits :( submitted by ManChildClub to Bitcoin [link] [comments]

Careful who you tip...

Careful who you tip... submitted by BlameTheCoin 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 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. 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 card Cash
Coinbase LocalBitcoins
Gemini LibertyX
GDAX Mycelium LocalTrader
Poloniex BitQuick
Bitstamp WallofCoins
Kraken BitcoinOTC
Xapo
SnapCard
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, Wagepoint, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More 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 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. 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]

BCH Roadmap? Open minded but slightly skeptical Core Supporter

Hi all,
I'll be completely honest. I was very skeptical of BCH and dumped ~1/2 of mine shortly after the fork. This was partly because I expected 2X to go through and didn't see what the need for both BCH and 2X was. I also didn't love the NYA or the politics around the 2X push and when that died I was actually somewhat happy.
However, I do feel like bitcoin as it is today is extremely clunky and shitty to use and BCH is not. I honestly don't believe that a reasonable argument exists that we wouldn't all be better off right now with 2gb, 4gb or even 8gb blocks on core.
That said, I am also skeptical of a few elements of BCH. One thing I appreciate about this sub is that there is generally pretty open and honest discussion so I will just lay out my concerns:
  1. When BCH was launched the difficulty was super low and the chain ended up with ~100K more coins mined that what BTC has. This honestly seems like something sleazy / some hand out to miners / some politics had to be involved and felt almost like a premine. What is the explanation for this within the BCH community? Who got those 100K coins and what justification is there for them receiving them? I care deeply about Crypto BOTH as a store of value AND as a medium of exchange. BTC is failing in the later sense but a coin that just decides to print 100M in coins for no reason (which inflates away value for all holders) seems to be failing in the former to me.
  2. I truly believe that bitcoin needs bigger blocks today. However, the idea that 1GB/1TB blocks are the right long term scaling plan which I have read in a few spots here does seem questionable to me. I agree with core's concern that at some point too big of blocks will really reduce peoples ability to run full nodes and centralize the network. I don't think that is an issue at 2mb or 8mb, but if the long term roadmap is 1gb blocks then I am concerned.
  3. Devs and community. I honestly feel like people like Andreas Antonopolus are infinitely better communicators and thought leaders within the crypto space than someone like Roger Ver is. I work in the tech industry and I know from experience that the better technology can and does lose in the open market to superior messaging, marketing and communication around a product and its value proposition. I also think that the core dev team, while not perfect, have ensured for almost a decade that bitcoin is secure and that is not an accomplishment to overlook. I don't think the BCH devs come with the same track record and I think the bch community seems to not realize the the security side of things is REALLY important just as core does not seem to realize that medium of exchange is REALLY important.
So I'd love to hear what you guys think of regarding 1-3 above. Hopefully this isn't offense or insulting, just my honest thoughts!
I am thinking of buying more BCH today :)
EDIT: There is a lot of good conversation in here and there are for more replies than I can respond to, so I won't respond to everyone, but I did read every comment and I greatly appreciate the discussion.
EDIT: Also thank you for the tips! they remind me of the good old days when core had changetip
submitted by asuth to btc [link] [comments]

More drama at Mt. Gox brought to you by NinkiWallet

More drama at Mt. Gox brought to you by NinkiWallet submitted by bitpotluck to Bitcoin [link] [comments]

The Bitcoin in Uganda short film is one of the best portrayals of why Bitcoin is so incredible that I've seen. Can we get some major media coverage?

Film here if you haven't seen it. https://www.youtube.com/watch?v=BrRXP1tp6Kw&app=desktop
Anyone have any media contacts where we can spread this? This is demonstrable evidence as to why Bitcoin is FACTUALLY superior in terms of remittances. This is not some back and forth debate, but rather a tangible experience in which Bitcoin has improved someone's life. I think anyone with media contacts should try to spread this video, even go as far as interviewing Ronald, the guy featured in the video, and James from World Bitcoin Network in a more in-depth manner. In fact, I am an amateur writer and an editor (work for a major book publisher) and I would be happy to write the article if I can have James help me get in touch with Ronald and his sister for a bit more of an interview. I'd obviously like to talk to you as well, worldbitcoinnetwork
submitted by TheBTC-G to Bitcoin [link] [comments]

Show us your full nodes

/Bitcoin! Show off a pic of your full node machines. I'd love to see them.
Anyone run it on a Pi?
submitted by Sealyy to Bitcoin [link] [comments]

r/Bitcoin recap - January 2018

Hi Bitcoiners!
I’m back with the thirteenth monthly Bitcoin news recap. I must say it's becoming pretty hard to select just 1 or 2 stories per day, too much is going on!
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in the Bitcoin space over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in January 2018
submitted by SamWouters to Bitcoin [link] [comments]

ChangeTip Goes Viral -- HashFast No More -- Ruble Down, Bitcoin Up! Bitcoin To Payoneer Exchange 2018-19 What is Changetip? Let's ChangeTip - YouTube How to list your cryptocurrency on exchange websites?

ChangeTip partners with Gyft, enabling ChangeTip users to spend their bitcoin tips on gift cards that can be used in stores that doesn't accept bitcoin. But what would be if you could tip people who create content you like, or what if people could tip you because they like the content you create? If you think about this, than you do understand what ChangeTip is about. It makes it possible and it is fun and it just takes seconds to send or receive a tip there. At the time I write this post, ChangeTip does already support Bitcoin tipping on ... Der beliebte Bitcoin-Micropayment-Anbieter ChangeTip hat nun, wie schon sein Monaten angekündigt, das Tipping für Facebook ermöglicht. Damit wächst ChangeTip weiter in die privaten Bereiche verschiedener sozialen Netzwerke hinein. Man kann das gut finden oder schlecht. Aber für die Verbreitung des Bitcoins sollte das ein gutes Zeichen sein. ChangeCoin - Micropayment Infrastructure for the Web Company website - www.changetip.com PRODUCT ChangeCoin is building a micropayment infrastructure for the web. Its first product, ChangeTip, integrates payment processing with social media, Bitcoin, and the web at large to transform the idea of a 'like' into a method of financial appreciation, redefining the way people think… Now, the experiment is over, and at the end of November ChangeTip will have processed its last bitcoin tip. One of the most recognizable brands in Bitcoin couldn’t find a buyer. According to Sullivan, more than 100,000 people have used ChangeTip for more than 350,000 tips. His common refrain posits the average tip size at just over $1, though some have used the service to tip mere pennies ...

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ChangeTip Goes Viral -- HashFast No More -- Ruble Down, Bitcoin Up!

Tell your friends about Bitcoin and MadBItcoins Tip with Changetip! Donate and Subscribe at MadBitcoins.com Follow us on Twittter -- @MadBitcoins A Big MadBitcoins Thank You to Bitcoin Donors 0 ... LINK : https://www.justwallet.online -----TAG----- bitcoin to payoneer bitcoin to payoneer exchange bitcoin to payoneer card bitcoin to payoneer instant sell bitcoin to payoneer bitcoin wallet to ... Changetip is a very unusual bank, made possible by Bitcoin. Changetip started in 2014, and primarily exists for the purpose of tipping people on social media sites, with whom a person has no ... Exchange your digital assets instantly at juicy rates on https://changelly.com/ Download Huobi wallet and start your swaps - https://www.huobiwallet.com This... Thank you mucho meow for your donation: Bitcoin Address: . why if I had a quarter for every blog post... Id have a whole buncha quarters! * * * * * * * * * *...

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