lets start to use bitcoin as payment
In this community, everyone has some difficulty on payment method. WU,MG and paypal charge too much fee. And they control the transaction too much, its very easy to get blocked and its more dangerous.
So for the safety of everyone involved, I try my best to promote bitcoin as payment. Its very safe and easy to use, and plus, no international transaction fee. It’s the best way for long term business. Its good for clients, sources and this community .i hope u guys start to use bitcoin from now on.
1 first of all, we should know what the bitcoin is.
What is Bitcoin?
Bitcoin is digital money used for secure and instant transfer of value anywhere in the world. It is not controlled or issued by any bank or government - instead it is an open network which is managed by its users. Much in the way email improved communication by making it fast and cheap, bitcoin is an improvement on existing payment methods which were not designed for the internet era.
Is Bitcoin safe?
Bitcoin’s core protocol is viewable by anyone, has been vetted by thousands of security researchers around the world, and has proven to be robust and reliable after immense scrutiny. Using bitcoin is similar to using other private applications on the internet, such as email or online banking. Just like these other web services, you must access your bitcoin with a password in order to ensure only you have access to your money.
Is it tied to the value of the dollar?
The value of a bitcoin is not tied or pegged to the value of any other currency. Similar to stocks or property, bitcoin’s value is determined by buying and selling in the open market. A bitcoin’s price changes in real time based on the number of people who want to buy or sell it at a given moment.
Why does it change value?
Bitcoin is traded for dollars, euros, yen, and other currencies in real time 24 hours a day. Depending on the demand for buying or selling bitcoin, the price can fluctuate from day to day. This is similar to the manner in which the value of a stock or property can go up or down based on supply and demand. Bitcoin’s value can be volatile compared to traditional currencies such as the US dollar because it is still an emerging technology.
Is it similar to a credit card or paypal?
Unlike credit card networks like Visa and payment processors like Paypal, bitcoin is not owned by an individual or company. Bitcoin is the world’s first completely open payment network which anyone with an internet connection can participate in. Bitcoin was designed to be used on the internet, and doesn’t depend on banks or private companies to process transactions.
Why would I use bitcoin?
Bitcoin allows you to instantly send any amount of money to anyone in the world without needing a bank. It allows you to access your money without needing an ATM or credit card - bitcoin gives you back control over your money. Plus you can pay friends back for dinner, buy your next computer, and donate to charity, all using bitcoin.
2 set up an account
coinbase is the most popular place for bitcoin payment in the world, more than 2400000 people have joined bitcoin movement. its safe and easy to set up:
www.coinbase.com/join/55b8ca3c69702d52c30001a2
3 how to buy bitcoin
coinbase makes it easy to convert your local currency into or out of bitcoin.
After you sign up, connect your bank account. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase
How do I buy and sell bitcoin with my US bank account?
https://support.coinbase.com/customer/portal/articles/1148716-how-do-i-b...
How do I buy and sell bitcoin using a UK bank account?
https://support.coinbase.com/customer/portal/articles/1963534-how-do-i-b...
How do I buy and sell bitcoin with my European bank account?
https://support.coinbase.com/customer/portal/articles/1767231-how-do-i-b...
How Do I Verify a US Bank Account?
https://support.coinbase.com/customer/portal/articles/1944900-how-do-i-v...
How do I send bitcoin to somebody else?
https://support.coinbase.com/customer/portal/articles/971437-how-do-i-se...
so guys ,lets start to use bitcoin,once u do it , its easy for the future.
once u set up an account, u need to buy bitcoin. it might take several days to get bitcoin into your account, then u can pay it to my bitcoin address instantly. once u place an order, i hold the kit for u.
ps: some clients are afraid to link bank account to the coinbase, but if u use paypal or WU online, u need to link your bank account as well. coinbase is the biggest company for bitcoin, its truthful as paypal and WU, bitcoin is legal, and no one but u can track the payment, it's peer to peer,no central entity controlling the payment. so it's much more safe than paypal and WU.
bitcoin service : CHINA VS USA
in china, bitcoin is really much easier to use as payment.
there r at least 3 big bitcoin exchange companies , and the customer service is 24/24h, 7/7days, so at any time, it takes only 5 min to deposit your money into your account , then u can buy bitcoin instantly ,and u can pay it to the others instantly, so its really fast,useful and safe as payment.
but in USA, one thing i think its not reasonable: because it take several days to buy bitcoin,and the bitcoin rate changes all the time. so for ex, u buy 200$ value of bitcoin, then after 3 days, the bitcoin arrive into your account, but if the rate drops in 3 days, so maybe u get only 180$ value of bitcoin, u lost 20$ for nothing. of course,if the rate augment, maybe u could get 220$ value of bitcoin. so i think its not reasonable. i think, we should deposit 200$ to the account, after 3 days, it arrive 200$ in the account ,then we buy 200$value of bitcoin instantly, so we dont have any risk to lost the value .so in this point ,chinese system is more reasonable, and the service is top.
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in china, bitcoin is really much easier to use as payment.
there r at least 3 big bitcoin exchange companies , and the customer service is 24/24h, 7/7days, so at any time, it takes only 5 min to deposit your money into your account , then u can buy bitcoin instantly ,and u can pay it to the others instantly, so its really fast,useful and safe as payment.
but in USA, one thing i think its not reasonable: because it take several days to buy bitcoin,and the bitcoin rate changes all the time. so for ex, u buy 200$ value of bitcoin, then after 3 days, the bitcoin arrive into your account, but if the rate drops in 3 days, so maybe u get only 180$ value of bitcoin, u lost 20$ for nothing. of course,if the rate augment, maybe u could get 220$ value of bitcoin. so i think its not reasonable. i think, we should deposit 200$ to the account, after 3 days, it arrive 200$ in the account ,then we buy 200$value of bitcoin instantly, so we dont have any risk to lost the value .so in this point ,chinese system is more reasonable, and the service is top.
Exactly.
If I want to order some product on here, I'm going to want to
Purchase just the amount I need for that purchase. If I have to buy a little extra just to make sure the price doesn't fluctuate downward, then I'd have a few dollars just sitting in that account with no reason to have it and nothing to spend it on. And less I want to start looking around for who and what takes bitcoin, which I don't really want to do.
I would certainly be open to using bitcoin if other sellers accepted it! It is much easier, quicker and secure than other ways of purchasing products internationally.
Easier, quicker, and secure-er...
Lol
The exchange rate between dollars and bit coins constantly changes so if something is priced in dollars, how is anyone supposed to know how many bitcoins to transfer?
In the original post it reads,
"Why would I use bitcoin?
Bitcoin allows you to instantly send any amount of money to anyone in the world without needing a bank. It allows you to access your money without needing an ATM or credit card - bitcoin gives you back control over your money.
Further down, "...After you sign up, connect your bank account. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase."
I don't get it. How can someone use this without a bank account, or at least without involving one's bank account?
I went through the motions to a point so that I could buy your intro deal. It stopped me because I wouldn't eneter bank account info. Milk continue to research this because I agree that it would be great, but my vision of how it'd be great for me means simply taking my debit card and buying the required amount of Bitcoin to purchase ten kits of GdTropin and transfer it to you without having any connection to me or my bank beyond that. I use an Internet prepaid debit card as it is for such things. Thanks
Well technically those prepaid debit cards are a bank account. I use to have pay checks direct deposited to one. So maybe you could link the prepay cards account. That way if your worried about security no one can steal money that's not there
Ya know bro, I was thinking that same thing because it's us bank or something. But the form on the site Godtropin likes asks for bank info that's not applicable to my card
I guess it comes down to if you can make it work, cool, if you can't then you will have to deal with sources that accept other payments. It seems everyone wants to look at the most difficult and ridiculous of scenarios, so be it, don't use it.
Yep. As it's been, mg has been awfully easy for me.
Agreed
I hope the sources that are on here see this and take it for what it's worth, bitcoin would really push them ahead instead of all this other weird payment crap that makes it complicated. The stuff we used before may be partially effective but by no means it is is it anonymous or guaranteed to work the first time. I understand that talking about payment is a NO NO here, so those of you who are familiar to "traditional" methods of payment know how it goes and the time involved, especially when it doesn't work the first time around.
BTC is very intriguing. Not just for these types of payments, but for money exchanging in general moving forward. Investment oppurtunity? Could be boom or bust, but all of us here clearly are OK with risk
BTC in and of itself is fascinating. If you're looking for a new hobby, I'd suggest delving into the subject and learning all you can because bitcoin is here to stay, at least for the foreseeable future.
If you're concerned about anonymity, just know that BTC is not inherently anonymous. When following most beginner's "how-to" guides on obtaining and using bitcoin you are really only obfuscating your actions to the most casual of glances. To get closer to true anonymity you'll have to take extra steps.
For the purposes of the average eroids user, that might be sufficient, but it's the "might not" that can have you laying awake at night wondering about your decision to order illegal substances from the internet.
The next thing you know, you've pulled an all nighter installing tails OS booting from a usb drive, camped out in the parking lot of McDonald's piggybacking their wifi to set up a localbitcoins meet at daybreak so you can tumble your precious coins through three wallets over TOR before sending them to roids.com for two bottles of test to a drop address two states over. Snowden and the Dread Pirate Roberts have nothing on you and you know it. Your paranoia can be likened to that of a deranged prairie dog high on freshly nibbled peyote scrutinizing the asshole of a coyote 500 yards into the distance. You visibly take note of the predator passing wind and gauge the direction and velocity of the gas cloud. Your own furry starfish involuntarily twitches in response.
What I'm trying to say is, do your homework and don't blindly assume that just because you use bitcoin that you are somehow protected on all fronts. Have fun with it, but learn the language first before standing up in front of the class to deliver a speech on your latest internet steroids purchase.
This is right on. For a much less hilarious version:
The suggestion earlier on this thread to trade cash with a localbitcoins seller directly to the payment address is simple and low-risk anonymity.
(Double buy is a potential exploit, but sellers have reputations and nice ones may stick around for a few confirmations. If you are swapping cash into a localbitcoins wallet then it's already in escrow, but then you have to figure out how to get it to the payee.)
Other privacy tips:
censored will probably also answer a subpoena, so unless you are giving them a fake name, Bitcoin seems more private.
I am not, in fact, a prairie dog on peyote.
Thanks for the info I'm going to give it a shot.
Anyone live in us that done this before
many guys in usa did this already
Raohs AuraHey brotha I sent you an email through the site. I'm from Cali
got it thanks bro
Breadwallet.com has been rated most secure client for all you iPhone guys.
Buy at localbitcoins or bitquick.co and send them to your phone. Just be aware you lose the phone you lose the coins. No bank account , no id etc
As long as you have a secure backup of the wallet containing your bitcoins you are protected against losing them. Popular exchanges such as coinbase make managing your coins convenient, but realize that no one should place absolute faith in a third party when options such as private wallets exist.
56tooIm going to look into this more being it's getting harder and harder to do trnsactions
Well I don't know its just frustrating lol I have to do more maybe I'm just impatient
This is crazy still can't do this lol
Call me old fashioned but I'd still rather go to MG with cash in my pocket instead of linking my bank account to anything. That's the part that turns me off about it. Having to link a bank account that you had to give a SSN and your life story to open up compared to going to a MG kiosk with a bullshit id and cash in your hand
AnonI don't like linking my bank account to nothing
Sorry.... Guess I can't buy GodTropin
You don't have to link your bank account. You can load up on circle a few different ways. For what little bit I do I just load via credit card but you could probably load off a reloadit or whatever. There are always risks but this to me seems the least risk overall.
AnonHmm interesting
You have not tried getting a reload card lately have you?
RustyhookerHere a reload card I pay cash and walk out. No checks on anything.
ummm I know.. except they have been pretty much pulled off the shelf and often IDs are asked for when purchasing larger amounts
RustyhookerBummer. I liked the cash and run. Other normally used methods are always checking I'd here.
too much "fraud" is the reason given
LOL, no but I forgot they are all but done. That was the first thing that popped in my head but even a gift card visa would work.
There are also bitcoin ATM's where you can deposit cash anonymously on your bitcoin wallet .
443 around the world at this moment.
And in America...Texas
u use paypal, WU(online),u also need to link your bank. u use credit card to pay in the supermarket and anywhere, they got your bank info as well. if the merchant is not honest, they use a small machine,when u pay with credit card, they get all your credit card info easily, then they implant your credit card info into a new card, and they can pay with new credit card, but the money is deducted from your bank.
so u use cash, someone still can rob u in the road.
life is so easy, but we insist on making it complicated.
I'm not totally against it. I just have to research this allittle bit more, it's definitely new to me. Good luck with your venture
For customer stand point, reloads are the safest!
56tooThose have all but become obsolete
Net spend is still good but vanilla and green dot is done. Also there's pay pal reloads.
X2!
Thanks bro
No, bitcoins are the safest. You don't have to use coin base. Reloads your in store on camera and bet you're not using cash.
Reloads is cash only, no trace comes back to customer.
No dude you're still wrong. You're on camera - Walgreens, Walmart, parking lot cams ect. Bitcoins are best and safest. You don't see anyone on the darknet using reloads cause it is not safe.
For steroids, sure all day but they are not safer than bitcoins. It's that simple.
I've never used bitcoins but reloads any day over wu or mg.
I do agree with u here love reload payments
I feel safer