Exchange Linden Dollars For Bitcoins – BLOG Climherr51ov

How to buy these cheap coins right now

Since we've all been goxxed now is the time to buy those $50-60 coins floating around and profit from everybody else's misery. Or you could wait for Gox to come back online and crash down the price even further but good luck trying to do any trading there to buy coins, the trading engine is already broken I don't expect the new one to work flawlessly due to epic 3yr history of GOXXING
BTC-E.com
To pay into this exchange, you need a BTC-E code, PM or Okpay. Take pics of your ID and utility bill and pay the $10 to Okpay for 'quick verification'. You can pay bitcoins directly into your Okpay account for initial funding or wait and see how long it takes for reg verification.
Now either wire money, or instant money transfer (MoneyPolo, Contact-sys, Unistream) to fund your account or find an Okpay exchanger somewhere. Or Ukash/CashU. Just because contact-sys is Russian doesn't mean there aren't sending points in every country in the world.
BTC-E codes you buy on #bitcoin-otc from verified gpg authenticated traders with good ratings, or on bitcointalk.org forums in the currency exchange forums.
Perfect Money is a shady HYIP digital currency run by Russians much like Liberty Reserve. You sign up for free, and load your account with wires (if verified) or you use an exchanger. This is what talkgold.com is for to find legit exchangers. I use wm-center.com to wire WU/Moneygram and get PM. Click on 'Interkassa' payment method in BTC-E and select Perfect Money. Instant load.
You can also obviously dump Litecoins you bought on Vircurex to fund the account, or a gagillion PPcoins
Bitfloor.com
Fastest way to deposit is through CapitalOne P2P or cash deposit https://bitfloor.com/docs/#funding-deposit
Be aware Bitfloor is insolvent due to owing 25k bitcoins that were stolen last year but they have a repayment schedule that may or may not bankrupt them. Use at own risk but most ppl trade there everyday with no problems.
Bitstamp.net
Great exchange in Slovakia? I think. You have to pay with Euro SEPA wire, then for some stupid reason they convert the money to USD. You can pay in here using transferwise.com if you're from UK, or XEtrade and other Forex online money transfer companies. Google 'free money transfer fx' and review your options. Most don't charge you anything if over a certain amount of money. They take your internet billing or other local payment, convert to EUR and send SEPA for you if you request it. If they don't then check with Bitstamp what a SWIFT wire costs (probably nothing, I think they use Latvian banks that charge no receiving fees). If you want a bank account in Latvia then sign up here: http://www.rietumu.com/ if you have a local corporation or business where you live you can, maybe a personal account too. You can always incorporate a dirt cheap Delaware LLC or Oregon LLC from anywhere in the world and use it to open up worldwide bank accounts.
Bitcoin-24.com
Takes direct wires, all sorts of other methods: https://bitcoin-24.com/fees You can also use Liqpay if you have a USD or EUR card. Sign up to liqpay.com, then they block a small verification amount you have to sign into internet banking (for the card) to check. It's usually $1.something or less. After that you are verified to load $1-100 or so, but I'd just try $50 at first. Any more than that and Liqpay will seize the funds and ask for your bank to authorize a fax they send which no bank will do because of privacy reasons, so pointless to load anymore money. Liqpay may also call you to verify card details this is normal. Liqpay is meant for Russians and CIS countries to use like Ukraine so due to epic fraud of credit cards don't expect to load too much this way unless you find a Liqpay exchanger, but what's the point when you can just wire money to bitcoin-24 anyways.
Vircurex.com
Good exchange, had some problems due to DDoS but so did all exchanges. They only accept BTC, altcoins and VouchX for payment. You buy Vouchx here: https://www.aurumxchange.com/ or from somebody on Bitcointalk, or IRC (with rep). You can buy a bunch of litecoins anywhere to fund this exchange such as the bitcointalk forums or IRC. Warning: the so-called official twitter account is fake, don't use it.
Cavirtex.com
Can only fund if in Canada, they accept cash deposit and internet billing. Price has been steady at ~$90 all day though no panic selling.
LibertyBit.com
https://www.libertybit.com/funding various easy methods, new exchange in Canada that takes intl wires and shockingly Interac deposits (easily frauded).
Bitcoin China
https://btcchina.com/ fast growing exchange, you pay in with Alipay or Tenpay both Chinese methods that westerners can't use or figure out due to no translation. You can probably use Alipay if you find and exchanger to load it, they do exist. **Edit they now support Liberty Reserve deposit and withdrawal
Check english forums to see if anybody exchanging Alipay or taking wires.
CampBX.com
Accepts money orders, and CapitalOne P2P payments. Also accepts Dwolla but you need to be verified.
Bitcoin-central.net
Just had a major outage due to instawallet hack, appears to be back online. You get your own quasi-bank account when you verify here much like how ecardone.com (liberty reserve) does banking so can transfer to other users legally with vouchers. You can buy a voucher p2p on Bitcointalk forums or IRC or send a bankwire.
VirWoX.com
You can pay with Paypal to get Second Life "Linden Dollars" then convert to BTC, or at least you used to be able to. I have no idea if this is still the case I've never used them.
Or course there's all the fixed price exchangers
https://en.bitcoin.it/wiki/Trade and https://bitcointalk.org/index.php?board=53.0 for everything from Moneypak to Skrill. You can also risk buying coins on Silk Road with moneypak
==============R U L E S ================================
Enjoy buying all the way down the crash once Gox comes back online and the great sell off begins! Hold them for a year and they'll be worth 10x as much just like the 2011 crash. Bonus points if you speculate on Litecoin, rumor has it Gox will be trading them when they come back online but again, this is MtGox we are talking about so the site could implode on the zerg rush of people trying to get into their accounts or trading engine could sell all your coins for $0.0001 again like they did in 2011.
Great successez!
submitted by Derpcoin to Bitcoin [link] [comments]

How to Buy Bitcoin with PayPal

How to Buy Bitcoin with PayPal
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.

How to Buy Bitcoins with PayPal through eToro

Pros: Accepts a variety of payment methods, low fees
Cons: Not available in the US
eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.

How to Buy Bitcoin with PayPal through VirWox

Pros: A reliable method
Cons: High fees
VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL).
Here is a step-by-step guide taking you through VirWox:
  • Go to VirWox.com
  • Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
  • Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
  • Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
  • Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.

How to Buy Bitcoin with PayPal through Local Bitcoins

Pros: Various sellers from all around the world
Cons: High fees, chances of scams
Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
  • Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
  • Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
  • Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
  • Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!

How to Buy Bitcoin Using PayPal through Wirex

Pros: Normal fees
Cons: Withdrawing funds takes more than a week
Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
  • Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
  • Link debit card details to PayPal account:
    • In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
    • A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
    • Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
    • Withdrawal would take up to 7 days to appear in Wirex account.
    • Buy bitcoins with Wirex debit card.

How to Buy Bitcoins Using PayPal through Paxful

Pros: Wide range of sellers from all over the world
Cons: Chances of scam, high exchange rate
Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party.
The process to buy bitcoins through Paxful is:
  • Create an account
  • To buy, select payment method by entering the desired amount
  • To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.

Final Thoughts…

Cryptocurrencies are tentative, complex and involve high risks as they are highly volatile. Before buying bitcoins through PayPal, ensure that the terms and conditions of PayPal and bitcoins are well – understood to make your transactions secure.
Source: CryptoCurrencyNews
https://preview.redd.it/3ripk7pccui11.png?width=983&format=png&auto=webp&s=027e30696faa3bb18ad0d012cea1d88cda09dc67
submitted by Lumi_wallet to LumiWallet [link] [comments]

How can I buy bitcoin with a Visa Gift Card?

I've been searching around, and I've seen this question asked a lot. But it always gets a bunch of different and conflicting answers, and the OP never seems to update with his eventual solution. I'm sorry if you guys are tired of hearing this.
I have a few hundred dollars in Visa Gift Cards, and I'd like to use it to purchase bitcoin. This will be my first purchase so it's all very confusing. The gift cards have the word "Debit" on them, if that means anything.
I've found that you can use gift cards to buy Linden dollars from VirWox and then exchange them for bitcoin. But it seems that this could take up to 48 hours for some reason. Is this the case? If so, I'd prefer a more speedy method if one exists. Also, VirWox seems to have a really low max amount (like $90 iirc) that you can buy at once. Is it possible to make multiple purchases at the max amount in a short time?
There are some people on LocalBitcoins who accept Visa Gift Cards, but they're charging like 150% the going rate for bitcoin, and I'm worried about being scammed. How can I know if users on LocalBitcoins are legit?
Some people claim to have had success with Circle, others claim no success. It seems to be pretty hit-or-miss. So what's the deal with Circle?
I've seen bitquick.co mentioned. All of the listings on their site say "Bank of America," "Any local credit union," "US Bank," etc. Is it possible to buy bitcoin with my gift card on bitquick.co, and how do I go about it/which listings can I use?
Purse.io has been suggested. I don't know much about it. How does it work?
I'd appreciate any advice on using these sites or any others you guys know of. I'd love it if I could find a way to purchase my coin in less then 24hrs, but if I must use VirWox and suffer a long wait, I guess it is what it is.
Thanks everyone!
submitted by randoguy4 to Bitcoin [link] [comments]

bitswing.com Scam

These guys are spamming the forum with offers of cheap bitcoins. The obvious question is who in their right mind would sell way below market price?
This is a long-running scam in the Second Life Linden Dollar world (another virtual currency which converts to fiat). They spammed the forums with offers of an exchange rate too good to be true, collect your credit card info, then steal your money and don't deliver a thing.
Fortunately, bitcoin allows a method to prove they own coins to sell. Ask them to send you a message signed with their private key, and their public address. If the message can be decoded with their address, they have proved they own the account, and you can check the balance and transaction history. Of course, they won't be able to do this, because it's a scam, but in general bitcoin allows you to check up on sellers, and this is a very useful feature.
Edit: fixed text to read "signed with their private key"
submitted by danielravennest to Bitcoin [link] [comments]

You can only do it once.... but if we do we'd all have to do it and do it right!

Anyone considered the potential of the community having a "detachment day"? One day where the community all agrees to no longer peg a bitcoin to the price of any currency and reset all bitcoin prices to be independent and drop three decimal places? Use would skyrocket! $20 dollars USD could buy $75 dollars in goods. OR MORE if some of these bitcoin predictions are even a 10th accurate. Why must we be tied to any fiat currency? Cannot the community band together... set a date.... and just have Detachment Day! Eggs are worth .000000001 bitcoin cause thats what there worth... Who cares what there worth in Yuan or Yen or Linden Dollars or that crazy fiat currency with the green backs? It would be a rocky few days but people would flood bitcoin markets to buy $6,500 Les Paul Classic Guitar for .0000034 bitcoins (is it correct grammar to pluralize a fraction of a whole? I suppose some language has a rule for that... maybe we should look beyond Western Culture and just recognize the best of all languages for the currencies new lexicon).
We set the prices.... not the exchange rate.... The exchanges will follow but we would set them. It would be a monumental effort. So were the seven wonders of the ancient world, the great wall of china, American Constitutional Democracy. I am not asking for the blood..... and you can keep your treasure, but this is an opportunity to Declare our financial Independence.
PS: I get very overly excited and I through the half cooked noodles of the idea against the fridge to see what falls off.... cause thats what needs more cooking! I plan to write a more formal letter on the implementation... but with alot of hard work we could do something special and would be remembered for the good it could do.
submitted by Bbwarfield to Bitcoin [link] [comments]

Other Politically Motivated Cryptocoins

Some other cryptocoins I thought of that
Fiat Coin: All coins are given to 1 person who inflates and gives out the coins as he pleases. Transactions are done with the governing body's computers, and fees are charged on the whims of the governing body. (Examples: Linden Dollars, XRPs)
Bitcoin: Transactions are completed by workers in exchange for newly minted coins and fees. Inflation is controlled by solving a problem whose difficulty scales exponentially so that the final number of coins is never more than 21million.
Democracy Coin: Transactions are completed by workers in exchange for newly minted coins and fees. Rate of inflation and fees are controlled by the decisions of a majority of miners. These decisions can be very complicated. (Example: Qubic)
Now the economic science fiction:
Commie Coin: Transactions are completed by workers in exchange for newly minted coins. Rate of inflation is determined by the difficulty of completing the transaction. Fees are decided by a majority of miners and dispersed to all addresses.
Anonymous Coin: All transactions are always to new addresses and mining automatically mixes the coins in your wallet.
Risky Coin: To make transactions faster and cheaper, instead of fees for transactions, to post a transaction, you must put a portion of your coins at stake. A lucky miner has a chance of stealing those coins.
submitted by lurbqburdock to Bitcoin [link] [comments]

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Bitcoin 101: How To Use Virwox to Buy Bitcoins With Paypal In The USA!

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