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/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]

Start Here for Much Wallet WOW!

EDIT 2017-02-10: A word about Nodes

There is a discussion about nodes that came up today, where it seems I'm discouraging people from running the full QT/Core client. Yes and No. What I'm trying to make sure people understand is how things work, and that it is NOT mandatory to run a client in order to use Dogecoins (and yes, I realise that browser-based tools like coinb.in and wallet sweepers are 'clients' by strict definition).
That said, more nodes is absolutely a good thing for the network. Preferrably full nodes. How do you run a full node? Just run Core/QT and open up Port 22556 on your router so it can connect to more than 8 peers. What will it cost you? You need your machine to be on 24/7/365, you need enough storage for the full blockchain (currently about 20Gb. Bitcoin is over 120Gb) and enough bandwidth to keep it in sync and share blocks with peers. A couple of Gb a month, most likely. This is best done with a desktop on a wired broadband link. Or maybe a hosted VM in the cloud. :)

EDIT 2017-01-09: Wallets WITHOUT Clients

Since I started helping people on /BitcoinBeginners, I'm getting a lot of questions about how to use wallets without running clients or trusting third parties. So here are a couple of resources that will make that possible, and not just for Dogecoin:
Multi-Coin Wallet Generator Now supporting 129 currencies! Coinb.in Start by setting the currency, found in the gear wheel in the Broadcast tab. Dogecoin Wallet Sweeper Redeem 'paper' wallets containing up to about 100 UTXOs. Bitinfo Charts My favourite block explorer, handles a bunch of cryptos.
Using these resources, it is possible to hold, receive and spend coins in various currencies, without having to run QT or a 'lite' client. You can also download and run the pages on your own device.

EDIT 2016-11-23: SEMANTICS about MINING! :P

Even though there is already a section on mining below, it has been suggested given the huge number of posts on the subject that this needs to be made clearer. Since people get their panties in a twist over the word 'dead', lets change that...

MINING IS DEAD!

MINING DOGECOIN IS UNPROFITABLE!

Put simply, there is no way to mine Dogecoin and make a profit because of the massive hashpower provided by industrial-scale Litecoin miners. Mining Doge directly stopped being viable when our hashrate exploded with the introduction of AuxPoW. Mining with CPU's and GPU's died when ASICs were introduced. And mining with a laptop WILL kill your laptop and cost you a fortune to repair or replace. Mining Litecoin with an exchange that also mines Doge and others will earn less than the electricity consumed, and you won't recover your costs. Probably ever, but certainly not in any reasonable time.
Mining other currencies may be a thing, but that's beyond our scope here. This is /Dogecoin, not /GetRichMiningCryptos after all. If you want to mine the newest scamcoin for fun and profit, look elsewhere for advice. :/
Oh, and most important:

READ BEFORE YOU POST!

At any given time, there are half a dozen posts on the frontpage just like the one you're about to write, where the answers have already been given. Read them. Don't make people waste their time repeating themselves because you were too lazy to bother reading stuff. :P
So there I was, having a quiet Sundy arvo bludge, as you do, when 42points turned up on Facebook and asked me to write a new sticky post for /dogecoin. Why would he do this, when he should be having a bludge himself, I hear you ask? Well, seems he was doing exactly that, and wanted to fob off the work he’s too slack to do himself. ;) Ah well, being a sucker for punishment, I’ll grudgingly oblige I guess.
OK, first things first.

The Clients:

Dogecoin Core 1.10.0 2015-Nov-01
Bootstrap file for Core to save some download time.
Dogecoin Core Guide Wiki
MultiDoge v0.1.7 2016-Jan-31
Android Dogecoin Wallet 2.0.8 2016-Jan-18
Android Coinomi Wallet
Java Cate 0.14 alpha 2 Multicoin wallet 2016-Feb-14
Exodus multicoin wallet
iOS Doughwallet

Do you REALLY need a client?

Wallet ELI5
UTXO ELI5
Paper Wallet Generator
Sample HTML Wallet List
Dogetipbot subreddit and website
Dogechain Wallet
Block.io Wallet
Exchanges
BTC38
Poloniex
CoinSpot
ShapeShift - Not really an exchange, rather a currency trader.

Mining

Litecoinpool
Prohashing
Zpool

Explorers

BitInfoCharts - My favourite, has charts!
chain.so
dogechain.info
/dogecoindev where the devs hang out

More Info

Dogeducation
Technical Wiki
Preev currency value calculator

EDITS:

From peoplma
I was wondering if you could add just a couple things. A link to the coinomi android wallet, it's probably the best one out there. And a sentence somewhere along the lines of "if you need help with any dogecoin software you are welcome to make a post, but PLEASE include your OS, version number of the client, and any relevant transaction IDs that you are willing to share" if you can fit that in somewhere.
Also, if you want to link to Prohashing, I'm pretty sure it's the only Scrypt mining pool that will actually pay out in doge. The others I know of pay out in litecoin or bitcoin. And it's a profit switching multipool, so gives a better return than just mining ltc/doge.
And there's these two wiki articles I thought would be helpful to link /dogecoin/wiki/technical for those technically minded newbies or intermediate users who want to dig a little deeper. And maybe a link to /dogecoin/wiki/dogecoincoreguide next to the link for dogecoin core.
From pts2002
Finally a proper sticky post! Here's some other stuff you could add:
zpool.ca mining pool - You can get paid in pretty much any coin, and you can mine in multiple algos (currently mining lyra2v2 with my GPU). Doing about 500Ð/day
shapeshift.io exchange - My favourite exchange, quick and easy. No registration required!
Also, you should add some blockchain explorers!
chain.so - Support for bitcoin, litecoin and doge.
dogechain.info - Official blockchain explorer. Includes a wallet (already mentioned). Live update currently not working (?)
EDIT: Here's another thing I found!
preev.com currency value calculator - Easy way to check the value of your dogecoins (or bitcoins, or litecoins, or peercoins)!
submitted by Fulvio55 to dogecoin [link] [comments]

[PSA] Small guide to help you set up bitcoin trades

Since nearly every day someone asks how bitcoin trading works here is a small guide to get you to set-up a wallet, sending and recieving bitcoin guide.
What is bitcoin (quoted from the wiki):
Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.The system is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain, which uses bitcoin as its unit of account [1].
From personal experience I have found out not to read too much about it. When I decided to switch from paypal to bitcoin I tried reading up everything I could find about mining/nodes/hashes etc but it only made things more confusing than it actually is. The thing to remember is that bitcoin is a currency and like any other currency, the value can be represented by another currency (or goods). So 1 BTC today might be worth 800+$ and tommorow 8 or even 8000$ (highly unlikely but still you get the idea).
In terms of skins, imagine everyone on the sub really wanted a glock fade. Naturally the price of the glock fades would rise since more and more people are willing to buy them there will always be someone who offers more than the next guy untill some cap is reached. Vice versa devalueing the glock fade can also happen. If Valve releases a new sick glock the value of the fades will decline since everyone will sell theirs and stock up on the new glocks.
Okay now what?
Now we need a place to store our bitcoins we will recieve/spend in the future. The place you store it isn't a bank account but a so called wallet. There are two types of wallets that I know, hardware and software wallets. Hardware wallets are physical wallets (like usb-dongles or cards) since I have no experience with them I won't try to recommend one. There are 2 types of software wallets (again to my knowledge maybe there are more?) so called online-and offline wallets. Since I have a minimum experience with offline wallets (I only know downloading the blockchain takes ages) I also won't discuss that in this guide.
Online wallets.
Online wallets are wallets that are stored by a company. The great advantages are that they don't require you to download the entire blockchain (last I've read it's somewhere ~100GB in size [2]) and is super user friendly. Some websites that offer the online wallet services are: www.blockchain.info www.bitgo.com and www.coinbase.com.
Setting up your wallet.
Most of these website work in a similar fashion when you want to set up your wallet. As an example I will show you how to set up your wallet using blockchain.info (no I`m not sponsored by them, would be dope af though :) ). When you first open up the webpage you will see: http://prntscr.com/dm6034
To create a wallet click on the tab which says 'Wallet' (indicated by a red arrow in the screenshot above) and you will be directed to a new page: http://prntscr.com/dm60hj
After clicking on 'Create A Free Bitcoin Wallet' (indicated by a red arrow in the screenshot above) you will be redirected to a page where you need to fill in some information incase you lose your password. http://prntscr.com/dm618o It is adviced to use a strong password since it is a place where you store your bitcoin/money. Protip: don't store your password on your computer, write it on a piece of paper and store it somewhere where you keep your other important stuff. 'But Ozzy what happens if I download a keylogger on accident?' No worries we will enable 2FA in a moment.
By now you should have recieved an e-mail from blockchain providing you with your wallet-ID. This ia string of numbers and letters. As a safety measure (if you lose your e-mail PW or w/e) write your wallet-ID also on a piece of paper and store it somewhere safe.
After you fill in your wallet-id (happens automatically) and your password you will see the following message (indicated by a red arrow) http://prntscr.com/dm66uz
This is a safety measure of blockchain where they provide you with an e-mail with an authorisation link if you don't click this link on your e-mail you can't acces your wallet. After you click the authorisation link you can close the page where you clicked on the link and return back to your original log in page. There you will see that you are authorised to acces the wallet.
After you have logged in you will be greeted with the main page of your wallet, head on over to the security center to enable 2FA straight away. Your fresh wallet won't have any transactions obviously :) http://prntscr.com/dm6aue
At the security center you can enable stuff like, e-mail verification, phone verification, 2FA etc. Phone verification let's you download the blockchain app to your phone and link it with your wallet so you can 'spend BTC on the go'. 2FA is simply put an extra verification app you download (like google authenticator) which adds an extra layer of security on your wallet.
Acquiring bitcoin:
There are a number of ways on which you can acquire bitcoin. Selling stuff for bitcoin, buying it from people (ie localbitcoins.org) or buying from companies (ie blockchain.info). I only have experience with Dutch companies since Dutch law takes internet scamming very seriously I have never bothered with buying bitcoins from individuals.
Sending bitcoin:
If you want to send bitcoins for goods/services there are 2 things to know. First the wallet address of the person you send it to (I`ll be using a friend's address) and how much bitcoin you need to send. To look up the current conversion rate (BTC/USD) you can use external sites like preev.com or you can use blockchain's handy converter built into the send page. Click and paste the wallet address to which you want to send bitcoin to (be sure to double/triple check it) and the ammount of bitcoin or USD you want to send http://prntscr.com/dm6t1r
After you have pressed 'Next step' you will see another confirmation page where you see a summary of how much btc you send to which address and a transaction fee (used for confirmations) http://prntscr.com/dm6tmx
After your confirmation your transaction will show up on the 'Transactions' tab. When you press the dropdown arrow you will see the ammount of confirmations your transaction has. Since I just sent my bitcoin the transaction isn't confirmed by the blockchain yet. Without checking the confirmations you can have a false sense of security (bitcoin transactions can't be charged backed right?) that the bitcoins are in your wallet. This type of scam is called 'double spending' to read on the dangers of this read the post of u/JackBauerCSGO here https://redd.it/5jed1d. So wait for a minimum of 1 confirmation before trusting the fact that you indeed have the bitcoins.
Recieving bitcoin:
Head over to your 'HOME' page again and click 'Recieve' to find out what your bitcoin wallet address is. http://prnt.sc/dm6cjg
You can see that mine is 1BJQKMCe6zcAFut5fwc4GM49uNf7aH8cQf (note: this is NOT the same as your wallet ID!). This address unique and connected to my wallet only (basically is my wallet). If I were to recieve bitcoin from someone I would link him those letters/numbers to let him know to which address he needs to send the bitcoin. On the right you can see the QR-code of my wallet, if I were to recieve bitcoin from someone who has a bitcoin app I could simply send him that QR-code to let the app know where to send the bitcoin to instead of the numbers/letters.
That is bascially all you need to know to get in to bitcoin trading.
Your next step in to actuall trading is finding someone who sells skins/keys for bitcoin agreeing on a BTC price and setting up the trade (small note: please don't forget to double check their steamrep/cashrep.)
Note: I am in no way shape or form a bitcoin expert, just a globaloffensivetrade user who has dealt with bitcoin for the past year or two. If you have questions feel free to post them and I`ll do my best to answer it.
[1] https://en.wikipedia.org/wiki/Bitcoin
[2] https://blockchain.info/nl/charts/blocks-size
edit: edited a word
submitted by Ozz123 to GlobalOffensiveTrade [link] [comments]

[uncensored-r/Bitcoin] /r/Bitcoin FAQ - Newcomers please read

The following post by BinaryResult is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7gfkjq
The original post's content was as follows:

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
  • Limited Supply - There will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here. Once they are all issued Bitcoin will be truly deflationary. The halving countdown can be found here.
  • Open source - Bitcoin code is fully auditable. You can read the source code yourself here.
  • Accountable - The public ledger is transparent, all transactions are seen by everyone.
  • Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works.
  • Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
  • Push system - There are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them.
  • Low fee - Transactions fees can vary between a few cents and a few dollars depending on network demand and how much priority you wish to assign to the transaction. Most wallets calculate the fee automatically but you can view current fees here.
  • Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
  • Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.
  • Pseudonymous - No need to expose personal information when purchasing with cash or transacting.
  • Secure - Encrypted cryptographically and can’t be brute forced or confiscated with proper key management such as hardware wallets.
  • Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being met
  • Nearly instant - From a few seconds to a few minutes depending on need for confirmations. After a few confirmations transactions are irreversible.
  • Peer-to-peer - No intermediaries with a cut, no need for trusted third parties.
  • Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply remembering a string of words for wallet recovery.
  • Scalable - Each bitcoin is divisible down to 8 decimals allowing it to grow in value while still accommodating micro-transactions.
  • Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiat
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.
  • If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, there are many software wallet options here. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor or Ledger is recommended. A more advanced option is to secure them yourself using paper wallets generated offline. Some popular mobile and desktop options are listed below and most are cross platform.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
  • If you prefer to let third party "Bitcoin banks" manage your coins, try Coinbase or Xapo but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.
Another interesting use case for physical storage/trans...
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

July 26th, 2015: /r/BitTippers: Tip some bits, make some friends!

/BitTippers

1,848 tipping fanatics for 11 months!
Bitcoin - Supposedly the future of currency. It is a limited supply, electronic only, almost untraceable cryptocurrency. At the time of writing this post a single Bitcoin is valued at $288.95 USD, see current price here. I don't think I need to tell you that's an awful lot of value for a single unit of any sort of currency.
But what happens when you divide a Bitcoin by one million (1,000,000)? You get a single 'Bit'. The cryptocurrency equivalent of $0.0002887 USD. You rack up enough bits, and you can get money. Now, one day, the genius idea of 'ChangeTip' came about. Allowing users all over the internet to 'Tip' small amounts of money to each other. And when you combine ChangeTip and Bits, you get something magical.
/BitTippers was created as a place where Reddit users could tip each other small amounts of Bits. Hang out there long enough, entering enough give-aways and you can make some petty change. Users are encouraged to create imaginative threads with a task in hand, and give bits as a reward for those tasks. This creates a brilliant community of generous and imaginative folks. My favourite bit (Get it?) is that it doesn't really matter how much you are tipped, you'll always be pleasantly surprised. It really proves that it's the thought that counts!
They also host a weekly 'BitTipper of the Week' thread, wherein the members of /BitTippers vote on who they think was either the most generous or imaginative that week. They then all tip some Bits back to that user (Usually to the tune of about $7 USD). I'm proud to say I have gained the title 'BitTipper of the Week' myself. And am eternally grateful to the members of this community.

1. Tell us a little bit about yourselves!

Paltry_Digger: /BitTippers is the kindest and most generous community I've seen on reddit. Everyone there shares the same motive: to share bitcoin with everyone! I feel that encouraging and gamifying tipping really has brought out the best side of people. It was created by ivorbighead, he really made BitTippers have the great community it has today.
sixpointlow: I'm 21yo from one of ther northernmost cities in the world. I work in the ambulance and I love it! I think to educate further within medicine to get more knowledge but prehospital work is definitly my field of action!
velociralex: My name is Alex and I think I'm a dinosaur. They tell me this isn't possible but I tell them they're not possible, so really, everything is an existential crisis.
OurEveryDayEarth: I'm a crypto lover with green thumbs ;0)

2. For you, what is the purpose of /BitTippers?

Paltry_Digger: I feel the purpose of BitTippers is to provide a playground to get started with bitcoin. The amounts are so small that they don't matter, so you can see how everything works and make people happier while doing it!
sixpointlow: I found out about thanks to /millionairemakers, I went on that sub and started reading trough their info, they linked to other sites so visited /changetip and learned about it from there.
velociralex: /bittippers is a community of enthusiasts who want to have some fun, be themselves, give bit love, get bit love, rinse and repeat.
OurEveryDayEarth: I think it has become a bridge between multiple groups, you have bitcoiners, changetippers, redditors and complete newbies meeting in one place to exchange in fun contests

3. What sort of community do you feel /BitTippers has generated?

Paltry_Digger: As I've said before, BitTippers is a place to go whenever and brighten up people's days!
sixpointlow: BitTippers for me, is a place where we can have fun, create and join giveaways. It's a place for sharing bits, making new people learn a little about how bits and bitcoin works. Bits is small pieces of Bitcoins.
velociralex: I like to think /bittippers has flourished into a community of redditors who look to spread kindness and support their fellow tippers in times of trouble as well as celebration.
OurEveryDayEarth: Probably around the $25 ChangeTip limit ;0)

4. What's the largest single tip you have seen on /BitTippers?

Paltry_Digger: $10 by OurEverydayEarth :)
sixpointlow: 50,000 bits. [Roughly $15]
velociralex: Hm... $25 maybe?
OurEveryDayEarth: Probably around the $25 ChangeTip limit ;0)

5. What was the most imaginative or interesting give-away you ever seen on /BitTippers?

Paltry_Digger: Bashco hosted a giveaway where he matched any donations to the Red Cross during the Nepal Earthquake. Also, velociralex's giveaways always were a blast!
sixpointlow: It was a redditor named adstille , one of the first posts I answered. adstille asked us to share our favorite things, including lots of question that you could answer, and it took time and thoughts to answer them, that was intresting.
velociralex: All time favorite giveaways - Ivor's Sherlock Holmes series.
OurEveryDayEarth: My favorites are the more cryptic ones where you have to go on somewhat of a treasure-hunt to take part! Someone posted a giveaway all coded in Base64, that was kinda cool!

6. How often do you personally: A) Receive Bits and B) Tip Bits?

Paltry_Digger: I try to give every day, lately I've been tipping people outside of /BitTippers. And who knows when you'll get tipped, that's the fun!
sixpointlow: A) I receive bits almost daily, I try to join every give-away that I can and have ability to. B) I Tip Bits almost daily aswell, more often than I recive bits, giving is fun and needed for the circle to complete, if you can give out to many, they themself can create a giveaway and the circle is completed.
velociralex: Back to a time of being on the sub on a daily basis, I pretty much both received and tipped daily. I certainly didn't post as many giveaways as I entered, but I would still tip on other's giveaways for comments I liked. I also preferred to do my giveaways with larger amounts of bits dispersed to as many people as would comment, so I needed to continually collect tips in order to give them back in such a way.
OurEveryDayEarth: Everyday baby, YEAH! ;0)
submitted by SROTDroid to subredditoftheday [link] [comments]

As bitcoin breaks above 2000 USD/BTC, and continues to climb, please take note of some secure methods for obtaining or exchanging bitcoin (and observations of its growth and use in the market).

You can monitor value of bitcoin on preev.com or find various long-term charts at https://blockchain.info/charts that will be helpful in assessment of what is or has gone on with bitcoin over time. For other visualizations you can watch fiat flow "into" bitcoin in real-time at http://fiatleak.com/
By November 23, 2016, the market capitalization of bitcoins in circulation (total, around the world) was $11,908,463,816 (nearly 12 billion dollars), and the 24-hour transaction volume was equivalent to $224.9 M as per https://coinmarketcap.com/ Measured in terms of money supply, that meant that the total market cap of bitcoins was at that time actually a more significant force in the market than was the total money supply of Estonia, Costa Rica, or Iceland at that time, as examples.
Today the bitcoin market cap is $33,971,006,369 (nearly 34 billion dollars), which is a larger force in the market today than the total money supply of Kuwait or Peru at the time of this post.
I strongly recommend against using Coinbase, Bitpay, or "web wallets," which are inherently unsafe, and as well engage in annual reporting against their own user base. I do recommend the below as methods to safely obtain or exchange BTC.
a) Storj - Run the client / rent your drive, uses your free connected external or internal HD as available storage, people pay you for it. (You can exchange the storj tokens for bitcoin or other money)
b) Electrum, Mycelium - examples of easy to use and secure bitcoin wallets that don't involve sharing or giving control of your information to ANY company, ever.
c) If you are into helping the bitcoin network improve and develop: check out this post for how to "signal UASF" which is a way of individual users indicating that they are 'voting' for the activation of Segwit across the network. What is Segwit and what are its benefits?
d) Bitsquare or Mycelium LT - decentralized methods of exchanging one currency for another with someone else, these don't require you use banks, organizations, or middlemen. It's just software. Your data is in your hands, not the banks' or the governments'. (Check the site's github periodically for new releases.)
e) OpenBazaar -- decentralized marketplace, no fees, just set up a store and make money. P2P alternative to ebay or amazon. (Check the site's github periodically for new releases.)
f) Mycelium Gear - Probably the best way to handle payment processing if you need to set that up and don't want to worry about KYC/AML and insane regulations and fees. Customizable for your website.
g) Rein - Decentralized freelancing. Get bitcoin for small freelance jobs without tying yourself to freelancing sites. Multisignature escrow, no fees. Yes, really.
h) If you have a Wordpress site I recommend the Bitcoin Payments for WooCommerce plugin which also requires you use WooCommerce plugin. Both plugins are free. This is compatible with the Electrum wallet, which you will need if you are going to use that WooCommerce plugin. It works in such a way that if someone gives or pays you in bitcoin then the funds are sent STRAIGHT to your Electrum wallet, not passing through any organization, bank, institution, company or anybody. Just straight to you. No mess, no fuss. Kind of like Mycelium Gear for your Wordpress site.
i) If you liked the above please also check out ABIS which is a project of mine.
If you have done the above and feel ready to try out a centralized exchange, do not leave your funds on the exchange for any longer than is necessary in order to conduct your business and don't use any exchange that has had any record of a security compromise involving theft of bitcoin. Most have experienced some kind of theft or another, but one centralized exchange with a pretty good security record is Kraken, due to its security practices.
submitted by pcvcolin to economy [link] [comments]

MAD Doge - Breathe - (5/30/2014)

It’s been awhile since I’ve posted a topic, so I’ll do a quick explanation.
I’ve been busy with school and stuff…(SUCH SIMPLIFICATION) (Yeah, we’re bringing that back)
Okay, let’s start off with a bit of news that you might already know. - Bitcoin will be accepted by DISH (This boosted the current price) - Apparently if you’re a college student, you can get $10 in Free BitCoins at CoinBase (Wallet Intensifies 0_0) - The DogeCar has one more race in it That sums up most of the news, there’s not too much going on there.

So I guess it's time we get into the meaty subject (Much Anticipation) DogeCoin Value

Let's break this down

The bitter truth was explained by some rather smart merchants who showed that even though /DogeCoin was popular, most were just holding on to their DogeCoins in hopes that they would be worth more one day. Additionally a newer and much larger driver was coming later in the month as another change happened, stagnation turned to a drop in price against BitCoin, and we saw consistent drops.

What does this all mean?

We can make DOGE even now (Such Serious)

Let's get you making some DogeCoin even when the market is down, just follow these steps.

  1. Monitor
    • Go to a BitCoin price monitoring website Preev is my favorite
    • Go to a DogeCoin price monitoring website (or more particularly an exchange) you can use nearly anyone, I'd stick to the larger ones, if you don't already have one, get an account at Cryptsy , then go to their DogeCoin Exchange @ cryptsy
    • Look for the trend, I like to look at the current value and wait for a change and see where it goes.
  2. Estimate
    • This is the fun part, you get to take risks, make mistakes, get messy....and increase your DogeCoin wallet (Many Multiply)
    • Determine where you think the market will go when a large change happens ($10 or greater change in the price of BitCoin)
  3. Execute
    • Buy or sell expecting the spike, then sell or buy at the spike (as long as you make a conservative estimate, it should do that) For example: $608 -> $618, Doge price will Drop, sell 1000 DogeCoins, Doge price drops from 60 to 55 (watch for orders and see where it is heading) buy back in at 55 (54 if you're a risk-taker) and you've just made 90 DogeCoins, can I get a Shibe-on?
  4. Sit back and enjoy the crazyness (optional)
    • Watch the price as it changes, it's going to get a bit freaky, but you've already made your Doge, so you're fine.
All in all, I rate this point in time as Dragon Well Tea, get some here: Amazon - Not anyone I know, but that's a good price It's a flavor that's similar to spinach, but a bit bitter in the aftertaste and especially strong during the last sip. It's extremely healthy and you'll feel better after drinking a cup.
Why did I choose this tea? Because this week was a bit weird, it didn't feel like other weeks, yet once we got through the bitter end, a bit of clarity came, and this incredible opportunity to make a bit of DogeCoin became apparent. Remember, even if DogeCoin is worth nothing tomorrow, you'll still have the same number of DogeCoins you had today.
submitted by DRKMSTR to MADDOGE [link] [comments]

July 26th, 2015: /r/BitTippers: Tip some bits, make some friends!

Submitted by SROTDroid

/BitTippers

1,848 tipping fanatics for 11 months!
Bitcoin - Supposedly the future of currency. It is a limited supply, electronic only, almost untraceable cryptocurrency. At the time of writing this post a single Bitcoin is valued at $288.95 USD, see current price here. I don't think I need to tell you that's an awful lot of value for a single unit of any sort of currency.
But what happens when you divide a Bitcoin by one million (1,000,000)? You get a single 'Bit'. The cryptocurrency equivalent of $0.0002887 USD. You rack up enough bits, and you can get money. Now, one day, the genius idea of 'ChangeTip' came about. Allowing users all over the internet to 'Tip' small amounts of money to each other. And when you combine ChangeTip and Bits, you get something magical.
/BitTippers was created as a place where Reddit users could tip each other small amounts of Bits. Hang out there long enough, entering enough give-aways and you can make some petty change. Users are encouraged to create imaginative threads with a task in hand, and give bits as a reward for those tasks. This creates a brilliant community of generous and imaginative folks. My favourite bit (Get it?) is that it doesn't really matter how much you are tipped, you'll always be pleasantly surprised. It really proves that it's the thought that counts!
They also host a weekly 'BitTipper of the Week' thread, wherein the members of /BitTippers vote on who they think was either the most generous or imaginative that week. They then all tip some Bits back to that user (Usually to the tune of about $7 USD). I'm proud to say I have gained the title 'BitTipper of the Week' myself. And am eternally grateful to the members of this community.

1. Tell us a little bit about yourselves!

Paltry_Digger: /BitTippers is the kindest and most generous community I've seen on reddit. Everyone there shares the same motive: to share bitcoin with everyone! I feel that encouraging and gamifying tipping really has brought out the best side of people. It was created by ivorbighead, he really made BitTippers have the great community it has today.
sixpointlow: I'm 21yo from one of ther northernmost cities in the world. I work in the ambulance and I love it! I think to educate further within medicine to get more knowledge but prehospital work is definitly my field of action!
velociralex: My name is Alex and I think I'm a dinosaur. They tell me this isn't possible but I tell them they're not possible, so really, everything is an existential crisis.
OurEveryDayEarth: I'm a crypto lover with green thumbs ;0)

2. For you, what is the purpose of /BitTippers?

Paltry_Digger: I feel the purpose of BitTippers is to provide a playground to get started with bitcoin. The amounts are so small that they don't matter, so you can see how everything works and make people happier while doing it!
sixpointlow: I found out about thanks to /millionairemakers, I went on that sub and started reading trough their info, they linked to other sites so visited /changetip and learned about it from there.
velociralex: /bittippers is a community of enthusiasts who want to have some fun, be themselves, give bit love, get bit love, rinse and repeat.
OurEveryDayEarth: I think it has become a bridge between multiple groups, you have bitcoiners, changetippers, redditors and complete newbies meeting in one place to exchange in fun contests

3. What sort of community do you feel /BitTippers has generated?

Paltry_Digger: As I've said before, BitTippers is a place to go whenever and brighten up people's days!
sixpointlow: BitTippers for me, is a place where we can have fun, create and join giveaways. It's a place for sharing bits, making new people learn a little about how bits and bitcoin works. Bits is small pieces of Bitcoins.
velociralex: I like to think /bittippers has flourished into a community of redditors who look to spread kindness and support their fellow tippers in times of trouble as well as celebration.
OurEveryDayEarth: Probably around the $25 ChangeTip limit ;0)

4. What's the largest single tip you have seen on /BitTippers?

Paltry_Digger: $10 by OurEverydayEarth :)
sixpointlow: 50,000 bits. [Roughly $15]
velociralex: Hm... $25 maybe?
OurEveryDayEarth: Probably around the $25 ChangeTip limit ;0)

5. What was the most imaginative or interesting give-away you ever seen on /BitTippers?

Paltry_Digger: Bashco hosted a giveaway where he matched any donations to the Red Cross during the Nepal Earthquake. Also, velociralex's giveaways always were a blast!
sixpointlow: It was a redditor named adstille , one of the first posts I answered. adstille asked us to share our favorite things, including lots of question that you could answer, and it took time and thoughts to answer them, that was intresting.
velociralex: All time favorite giveaways - Ivor's Sherlock Holmes series.
OurEveryDayEarth: My favorites are the more cryptic ones where you have to go on somewhat of a treasure-hunt to take part! Someone posted a giveaway all coded in Base64, that was kinda cool!

6. How often do you personally: A) Receive Bits and B) Tip Bits?

Paltry_Digger: I try to give every day, lately I've been tipping people outside of /BitTippers. And who knows when you'll get tipped, that's the fun!
sixpointlow: A) I receive bits almost daily, I try to join every give-away that I can and have ability to. B) I Tip Bits almost daily aswell, more often than I recive bits, giving is fun and needed for the circle to complete, if you can give out to many, they themself can create a giveaway and the circle is completed.
velociralex: Back to a time of being on the sub on a daily basis, I pretty much both received and tipped daily. I certainly didn't post as many giveaways as I entered, but I would still tip on other's giveaways for comments I liked. I also preferred to do my giveaways with larger amounts of bits dispersed to as many people as would comment, so I needed to continually collect tips in order to give them back in such a way.
OurEveryDayEarth: Everyday baby, YEAH! ;0)
submitted by SROTDroid to SROTD_Archives [link] [comments]

[Table] IamA Owner of a Bitcoin Accepting Subway in Allentown, PA (Sapan Shah) AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-12-02
Link to submission (Has self-text)
Questions Answers
How has your staff taken to accepting bitcoins? Do the number of decimal places freak out the staff? Do you have a minimum purchase requirement for use of bitcoin? My employees are simply awesome. They have dealt with all of this with a smile on their faces and have actually shown a lot of interest.
They don't have to deal with decimals because I have set it up so all they have to do is input the total dollar amount into a tablet at the register. The app automatically generates the code that the customer scans. It pops up on the screen when they receive the payment.
We don't have a minimum purchase requirement.
Hi. How many bitcoin customers have you had so far? Are you a bitcoin investor as well? I can not disclose exact sale figures or numbers, however I can say it has steadily been growing. We have a couple bitcoin paying customers almost every day.
I am indeed a bitcoin investor myself.
How many times a week does someone ask you what a Bitcoin is? 4 Zillion.
Plain and simple.
I thought bitcoins were worth about 1K each. How would it work if I forked over a bitcoin for a Footlong Tuna Fish sandwich? We calculate the total sale amount (i.e. $10.53) and convert that to the equivalent Bitcoin value (roughly 10.09 mBTC or .01009 BTC). We generate a QR code with an address and the amount. The customer scans that code and sends us instant payment.
You can take a look at preev.com to see what I mean.
Don't sell yourself short, 10.09 milli would be .01009. roughly 10.09 mBTC or .001009 BTC. Would be $1.13. You are correct- I changed it..thank you :)
Do you immediately sell the bitcoins for cash to take away the currency risk or are you keeping the bitcoins in your account? This has been one of the most complicated parts of the process. Since I started accepting Bitcoins, I have switched my Merchant Services Processor 3 times. I am actually looking for a longer term solution. Until I find a more permanent solution that is fully integrated with our bank account, our Bitcoins are remaining as is.
Since this has been relatively new we are still working out all the kinks in the process. I am not worried about the currency risk at all.
How have you been keeping records of sales? I'm planning to accept Bitcoin but am unsure how to do so legally as a business. So you convert to USD and simply keep record of those earnings? Link to en.bitcoin.it
I thought it took like an hour to confirm a bitcoin transaction. I remember reading that it was too slow for most consumer transactions like this. Am I completely misinformed? In our case, we have not had a payment take longer than 2-3 seconds. The merchant services take care of everything on the back end. A transaction has never taken us 1 hour to process.
Would you be able to pay an employee in BTC if they desired? There are no Bitcoin Payroll Services to my knowledge. I'm not sure how feasible this would be.
Is your store a franchise? - what do you do if the value of bitcoin drops? Does the company you go through for scanning take care of that? - what company do you use? - what kind of training did you give your employees? - if i wanted to start getting my local business owners in on this, what do you recommend i show them? Subway is indeed a franchise. We are currently using Coinbase to process our payments and I have personally walked all of my employees through the process.
I have found this page to be the most helpful if you want to show other small business owners: Link to en.bitcoin.it
It was most helpful for me.
Was really excited to see the fact that more brick and mortar stores are accepting bitcoin, of course even more so when it was a more well known chain store (compared to a mom and pop place) Has the news coverage about this given you more business from local bitcoin users? Whats you're current process for accepting bitcoins (how do you go handle payments, exchanges and such)? I hope more businesses will begin accepting Bitcoin!
Ever heard of Coinkite? and if so would you consider using them as a way to accept bitcoins (and Litecoins?) *They're like a wallet service with a credit-card esque terminal where you get a bitcoin debit card and can make payments through that (or the traditional way of QR Codes works too) I did consider Coinkite. They were very nice and responsive, just not the right match for us at this time.
How can I persuade other Subway Owners to accept Bitcoin at their stores? This is a very good question. I think it is entirely up to the owner if they want to start accepting it or not. There is definitely a learning curve involved along with some risk and doubt.
A good start would be educating them about what a Bitcoin is. Even if you ultimately can't persuade them, at least you have taught one more person about Bitcoin.
The second thing maybe to show them some articles or videos about me accepting it. Tell them I have been accepting it for over a month. If they see another franchisee accepting it, they may be more willing to try it out.
Many may be deterred by the initial costs involved. Perhaps eliminating those costs would help to convince many to come on board. You could also try telling them it is non-binding, they don't have to sign a contract and there is no catch. Print out a sign and set it up for them. Tell them to try it out for a week and if they don't like it- ...nevermind, I doubt that will happen.
Can you write a little FAQ for Subway patrons to convince owners in their area to accept bitcoin? Would love a little list of hardware, software, which accounts to create with which companies, etc. Most of the equipment used in Subway's are fairly standard. I have a Nexus 7 next to my register with the POS app on there. They would just need to tweak some settings on the POS.
If you draft up some questions I might be able to help you out with an FAQ
I'm most curious about the things that would encourage or discourage a small business owner who is less knowledgeable/enthusiastic about bitcoin from accepting them. I've thought for a while that there is a need for somebody to create a well-executed, hard to screw-up, system for small businesses to accept bitcoins for in-person transactions. As far as I can tell, nothing like that exists on the market today, and most businesses accepting BTC are mostly rolling their own solution, at a high cost in time for whoever is managing it. Would you buy such a system, if it was available? I set up most of my system by myself. It took a little bit of technical knowledge (and interest). There are people available that can come in and set everything up, I just wanted to keep it simple and easy. I doubt other business owners would want to pay start up costs in addition to take the risk of accepting a new form of tender.
About how much time a week do you spend dealing with Bitcoin processing related issues? What was your worst week? What are the biggest pain points in accepting bitcoins right now? Training staff, integrating with existing POS systems, getting reliable conversions back to USD, something else? I don't spend too much time dealing with Bitcoin Processing related issues too much. They go fairly smoothly.
I'm from Plymouth Meeting, which is really close to Allentown! I think this is awesome, I should come buy something with Bitcoins sometime. Also, what was the most difficult part about integrating Bitcoins into your store? There have been so many challenges from the start. I think the biggest one has been trying to explain to everyone what a Bitcoin is. For example, in order to train my employees, they needed to fundamentally understand what a Bitcoin was. I had to explain it over and over again answering the same doubtful questions.
We would love to have you at our store!
Hey, you run the Subway by Dorney Park? Wow, I used to live right near there, worked at St Luke's in Bethlehem. Nostalgia. Not related to BitCoin, but what do you think of Allentown and LV in general? How long have you been there? Where are you originally from? Yep, Subway Dorneyville. I was born and brought up in Allentown!
Do you have any BTC for yourself? Also, what do you think about altcoins such as Litecoin, Namecoin, ect. I do have BTC myself. I do not have any plans to start accepting any Alt. currency at my store. I think they are very interesting and we may see many more in the future.
Hey there Sapan, I'm located in easton and I was just wondering which subway it is that you run so that I can possibly stop by and say hello?! Absolutely! Link to local.subway.com
I spend a lot of time in Allentown. Where is your store located? I'd love to stop by and buy some subway with bitcoins. Link to local.subway.com
Allentown resident here. Which Subway? Link to local.subway.com
Hey, I go to Lehigh. I'm literally in the building across the street from you. I was also your 2nd bitcoin customer. If I happen to see you, I'll say hi. Do say hi if you see me. I'm always there.
No questions, but thank you from the Dorney Park team for making lunch for us on many occasions! You guys are Awesome. Can't wait till everyone comes back in the Spring.
You're a very smart man according to the fever going on in bitcoin. Thank you, I'm not that smart. Just a man with a Sub...and a Bitcoin.
According to them, you are going to be a millionaire by accepting bitcoin right now. According to me. They all are probably millionaires. I've gotten to meet some of them in my store. Great group of people. on bitcoin.
Last updated: 2013-12-07 04:31 UTC
This post was generated by a robot! Send all complaints to epsy.
submitted by tabledresser to tabled [link] [comments]

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