/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. 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 the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
@AP: A Japanese high court upholds a lower court's decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipulating electronic data but not embezzlement. https://t.co/nIIZBPztnn
Want to buy Bitcoin? Fees matter. Here's a survey of fees charged by top U.S. exchanges.
I've seen a lot of questions lately from folks asking where they should buy bitcoin. In my opinion, two things matter in answering this question, security and the fees (deposit, trading, withdrawal, etc.) charged by the exchange. Here's a brief sample of fees charged by some of the most secure U.S. exchanges: Exchange Fees ((MakeTaker) / Withdrawal): Binance - 0.10%(M&T) / 0.0005 BTC Kraken - 0.16%(M) / 0.26%(T) / 0.0005 BTC Gemini Active Trader - 0.25%(M) / 0.35%(T) / Free (if 10 or less per month) Coinbase Pro - 0.50%(M&T) / **Variable I personally use Gemini since I only trade in bitcoin and ether, and if that also describes you I would recommend them since there are no withdrawal fees, unlike Binance, Kraken, and now Coinbase**. Anyone have any comparable (or better) options that they've used? Edit: I do not personally use or endorse exchanges like RobinHood where you do not actually own the bitcoin you purchase. **Edit: 9/17/20 - Coinbase Pro just announced it will now charge variable fees on all withdrawal transactions. Smh. Coinbase will never learn.
Seriously, if I could use any wallet service besides Uphold, I would be very delighted. It's requirement of photo ID and phone number basically removes any reason for me to use crypto to begin with. Because of this, my BAT wallet has grown and grown without verification. I haven't touched it. I hope other wallet options are introduced in future.
How to transfer money from my Uphold account to Argentina
I live in Argentina and Uphold informs me that I can't link my account to an Argentinian bank. But I want to transfer my money to my account or use it online, but I couldn't find a way to use it directly by buying things on internet. I also have my girlfriend living in Spain but I can't transfer my money to her account because the owner of the bank account needs to be the same as the owner of the Uphold account. So which is my best option?
Weekly update. 521 BTC were traded using LocalBitcoin last week,trading Bs. /BTC and BTC/Bs. (Bolivares, Venezuelan "official" currency, ISO VES). These 521 BTC were 1,985,000,000,000 Bs. (ATH in Bolivares). One BTC is around 4,000,000,000 Bs. Monthly minimum wage is around 2.1 USD.
Weekly update. 485 BTC were traded using LocalBitcoin last week,trading Bs. /BTC and BTC/Bs. (Bolivares, Venezuelan "official" currency, ISO VES). These 485 BTC were 1,796,000,000,000 Bs. One BTC is around 4,100,000,000 Bs. Monthly minimum wage is around 2 USD. PhD uni professor earns 4 USD monthly.
436 BTC were traded in Venezuela using LocalBitcoin (down from 518) last week, buying BTC with FIAT and selling BTC for FIAT (Bolivares, Venezuelan "official" currency). These 436 BTC were 1,044,737,504,000 Bs. (Bolivares). One BTC is around 3,000,000,000 Bs. Monthly minimum wage is less than 4 USD
439 BTC were traded in Venezuela using LocalBitcoin (down from 452) last week, buying BTC with Bs. and selling BTC for Bs. (Bolivares, Venezuelan "official" currency). These 439 BTC were 1,432,000,00,000 Bs. (Bolivares, ATH). One BTC is around 3,500,000,000 Bs. Monthly minimum wage is around 2.5 USD
Capital reservation - underestimated impact of Bitcoin?
An unappreciated philosophical and economic impact of Bitcoin from my perspective influenced by Adam Smith. At least for me. Maybe you guys thought about this before, but this came as a light bulb eureka kind of moment for me the other day. Sorry for eventual typos, not native English-speaker. Also a warning for the Wall of text :) Bitcoin is not only the censorship resistant, immutable, transparently scarce, store of value, transactional vehicle to name a few of the unique characteristics. All these characteristics make Bitcoin unique, not by themselves but the fact that it is bundled together in this perfectly balanced code. It is not only capital preservation, but actually capital transactional reservation. This type of characteristic is in my opinion revolutionary. Why is it? Let's have a quick overview of the current situation and division of labor, capital and ownership. In my interpretation of Smiths “An inquiry into the nature and causes of the wealth of nations” each member of society that is not dependent on the welfare and good will of others is part of the following three categories, often a little bit in each. Namely; The providers of time (Labourer) Most people find themselves in this category most of their lifetime, and almost everybody does at some point in life. This category gives up their time in exchange for value (money) which in turn can be exchanged for whatever needs might arise. A few advantages of being in this category is;
It creates relatively predictable value flows. (x amount of time = x amount of current value)
It is in many cases low thresholds. (you can physically sell your time directly)
It can be fulfilling if you exercise a craft you are passionate about.
Can accumulate knowledge and competence which allows to move in the economy and direct these skills in other areas as the economy evolves.
A few disadvantages with this category is;
Limited value exchanged (only so many hours, days and weeks in a year) The potential is limited both in time and in value (no infinite salary to date).
Not creating recurring income, i.e. you have to sell your time over and over again in order to keep your buying power.
Less freedom - Your time and buying power is dictated by your employer.
The providers of capital (Investors) Most people do also find themselves in this category to some extent through pension plans. However most people do also buy capital equipment in order to consume themselves. But a great portion of the economy is represented by this group. Instead of being paid for their time, they are being paid for the risk of off-putting consumption of their capital goods (or sometimes represented by currency) to the future and letting someone else use this capital in order to create value in the present. Advantages are;
Recurring income - one time investment could create wealth over long periods of time.
No time-boundaries. The investor can direct attention in other places while his capital is working for him.
No limits. Theoretically speaking the potential is unlimited.
Predictable over long time-frames.
Disadvantages on the other hand;
Risk - the risk of value being destroyed or lost is apparent and in some cases even likely.
Unpredictable income in the short to medium term - unlike labour.
High threshold - it is capital-intensive to be a successful investor. A high amount of wealth must be accumulated before this can entirely replace labour for consumption to appease immediate needs..
Real estate (Landlord) The final of the three parts of economy is the landlord. The landlord gets paid for letting his land be used for different purposes both for the investor and the labourer. For example, would an agricultural company sometimes rent the land of a great landowner to generate value for the general population and create labour-opportunities. Advantages of being a landlord;
In many ways the same as for the investor.
It acts as a kind of hybrid between investor and labourer, because owning land sometimes requires your time and attention to make sure it meets the chosen purpose of value creation. This type of work can definitely vary in intensity and can also be let out to other labourers, but nevertheless it often requires actual labour.
Predictable incomes of value in a recurring manner.
Scalable - Often there is not double the administration in letting one property over two.
It is also capital-intensive and requires a bit of wealth to overcome the initial threshold.
I might as mentioned above require some labour from time to time.
It often comes with capital cost and maintenance of certain parts of the land and/or its functionality.
These are the three principal value-categories which get a share of each transaction in an economy. Often all three get paid, but at the very least one of these categories have a share in each transaction that is made. Governments are to be considered a sort of landlord in this example. When you buy a burger from McDonalds, the labourer is paid to tend your meal, the landowner (McDonalds real estate) is paid a portion for rent and the franchise-owner (investor) is paid through profit. And of course the government shall have their share one way or the other. So, how does this wall of text apply to Bitcoin? Well, up until recently the three categories above was the only way to place the transactions occurring in an economy since just holding cash would erode your buying power over periods of time. The incentives of the economy is spurring the three categories above since that would uphold all three of them and keep everybody happy. But Bitcoin introduced a fourth alternative: Capital reservation. The further elaboration is made with the presumption that Bitcoin is the main transactional peg/vehicle for the global economy. I, as either a labourer, investor or landowner because of Bitcoin, have the opportunity to reserve my capital from the transactional economy for however long I wish. This has a few wonderful impacts. For one, when my capital is withheld the remaining Bitcoins get more valuable since there are fewer of them to transact with, creating more incentives to invest and work to obtain more. But, what if the value keeps rising? Would not that lower productivity and stop incentives for both investing, working or owning land? In the short term, perhaps. But this will also slow production making Bitcoin, as representing the whole transactional economy less valuable. Because there are fewer products to go around so each bitcoin gets you less food, drinks and other consumptions since people are raising the bar of what they are willing to pay and as soon as the wheels are slowing down in the economy the entrepreneurs, landowners and career-hungry labourers will see other peoples slacking and stacking as an competitive advantage. They will take advantage of the fact that companies, investors and workers are growing fat and happy with capital appreciation and start driving innovation, production and efficiency again to get their piece of the pie. In a sense this will keep the already coming and going of “natural” business cycles but will likely smoothen them out and keep the state of the economy transparent for each to take advantage of in which manner they see fit. So by withholding your consumption you are actually contributing to the economy and reserving your capital at the same time. And since most people fall in and out of each category in different stages in their lifetimes the volatility of these cycles is likely to be less than with current inflationary fiat-systems. It is sort of a democratic way to force everyone in each category to take part in the economy. Even by opting out. It will make preserving and parking your capital reasonable, accessible and transparent for yourself and the rest of the economy which is freedom in a whole new sense. That's it, thanks for bearing with the wall of text.
436 BTC were traded using LocalBitcoin last week,trading Bs. /BTC and BTC/Bs. (Bolivares, Venezuelan "official" currency).These 446 BTC were 1,610,000,00,000 Bs.(ATH).One BTC is around 4,000,000,000 Bs. Monthly minimum wage is around 2.3 USD.Inflation from March 2013 to July 2020 was 18,427,384,550%
Hi guys, as you might know I'm a Venezuelan "living" here. August trade using LocalBitcoin closed under 2,000 BTC. Venezuelan Central Bank posted today the inflation rate.
From January 2020 to July 2020 it was 492%.
From July 2019 to July 2020 it was 2,359%.
From March 2013 to July 2020 it was 18,427,384,550%
♗ ♗ Bittrex customer care number ♗ ♗ 𝟖𝟓𝟓£𝟗𝟒𝟓 Ψ𝟑𝟏𝟔𝟔 ♗ ♗ Bittrex Support Number
♗ ♗ Bittrex customer care number ♗ ♗ 𝟖𝟓𝟓£𝟗𝟒𝟓 Ψ𝟑𝟏𝟔𝟔 ♗ ♗ Bittrex Support Number ♗ ♗ Bittrex customer care number ♗ ♗ 𝟖𝟓𝟓£𝟗𝟒𝟓 Ψ𝟑𝟏𝟔𝟔 ♗ ♗ Bittrex Support Number ♗ ♗ Bittrex customer care number ♗ ♗ 𝟖𝟓𝟓£𝟗𝟒𝟓 Ψ𝟑𝟏𝟔𝟔 ♗ ♗ Bittrex Support Number Bittrex's financier administration permits you to purchase Bitcoin and different cryptographic forms of money effectively with your Visa, SWIFT or SEPA move. The organization is zeroing in on client experience and client assistance so exchanges are too speedy (client check takes around 30 minutes). For tenderfoots, this is a superb choice for purchasing your first Bitcoin. Further developed clients can utilize elective exchanging stages to save money on exchange fees.
Who Is Bittrex ?? Bittrex was set up in 2013 in Israel and has since developed to serve over 2m clients in more than 188 nations with more than 30 workers. Today the organization is enrolled in Slovakia while still possessed and settled by New Bit Ventures in Israel. Bittrex supplies a business administration for and different digital forms of money. This implies that the organization sells you the coins legitimately instead of an exchanging stage where you purchase the coins from others. Bittrex support Number Bittrex helpline number Bittrex Customer Support Number Bittrex Customer Service Number The stars of a business administration are principally that the cycle is straightforward and quick since you don't have to search for a purchaser all alone. Then again, financier administrations are normally more costly. For Bittrex's situation, the organization has put forth continuous attempts to decrease their expenses however much as could reasonably be expected. Toward the finish of this post you can perceive how Bittrex thinks about to different trades. Monetary standards and Payment Methods Right now Bittrex upholds purchasing just of the accompanying coins: Bitcoin (BTC) Ethereum (ETH) Wave (XRP) Litecoin (LTC) Bitcoin Cash (BCH) Cardano (ADA) (QTUM) Ethereum Classic (ETC) (EOS) Tezos (XTZ) Bittrex support Number Bittrex helpline number Bittrex Customer Support Number Bittrex Customer Service Number
Uphold shut down my account and refuse to credit my bank account back the 900.00 plus dollars they owe me! They also after several attempts have disabled my chat feature!! Scandalous Company beware yes it is true!! You suspected fraudulent activity emailed me that my account was no longer available and shut it down!! There a scandalous Crypto Exchange they sent me an email stating that my ... Unlike Coinbase, Uphold has an exchange and wallet service. However, Uphold is one of the most pricey wallets and its fees are way higher than that of Coinbase. Uphold.com is a regulated exchange/wallet service that peoples from around the world use. They might have high service fees compared to a lot of exchange websites today, but they not only offer an exchange but users are also able to use their wallet service for free, so we guess that’s where the extra charge comes from. Their website is ... Uphold’s Operation. By using Uphold, individuals, businesses and developers stand to reap immense benefits from the platform. So exactly what does Uphold offer the above categories of Fintech users? Individuals: Easily add funds into your account using either a bank transfer or cryptocurrencies such as Bitcoin and Ethereum. At Uphold, we make it easy to buy and sell any major digital currency. You can invest, transfer or send/receive between 9 cryptocurrencies, 23 traditional currencies and 4 precious metals. Our digital money app is slick, easy, and secure.
Uphold Overview - In this video I go over the Uphold website as its really starting to become a major player in its field of platforms. Theres now 7 different Cryptocurrencies that are available ... Read the first post to get the context: https://www.shoutmeloud.com/brave-publisher-program-earn-bat-token.html BitBNS: https://www.shoutmeloud.com/recommend... In this video I explain and show you what the Uphold website can provide for you. Its a great website to Buy, Sell, and Exchange your Cryptocurrency using your Bank Account & Credit Cards. Coinbase BTC Withdraw With Payoneer BY Uphold Transfer Money Bitcoin PayPal Payza Skrill Payoneer Perfect Money PAYEER Amazon Bank https://www.... Uphold is a reputable service that allows you to purchase bitcoin as well as other assets using your credit card, bank account or cryptocurrency. It's an exc...