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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Is there a way to buy the coins anonymously
?
Any ideas?
Yes u can buy bitcoins locally at https://localbitcoins.com/ and just deposit in the src bitcoins account.
Is it really safe?
Everybody knows about interpol. They monitor a lot, even the deep web.
Yea they monitor the deep web. The deep web uses bitcoins because tracing them is very difficult.
at least, its much more safe than paypal, WU,MG. there is no central entity , not easy to track it, and no one knows for what reason u send the bitcoin. and no fee.
How safe PayPal is you think?
And yes, bitcoin all the way, wish there were more retailers using this.
i use paypal for more than 10 years, i have a lot of experience with paypal
first: its very easy to get blocked,they can find 1000 reasons to block your account ,and very difficult to get money back.
second: i met some scammers, they paid me with paypal, once they got the package, they just call paypal that this transaction is scam, so paypal block this money,ask u to provide many documents,otherwise, they send this money back to the buyer.
3nd: if some one pays the transaction ,mention the link with gear, your account gets blocked immediately
4th: if u get more and more funds, they ask u to provide all documents about the stuff u sell,company info etc, otherwise, blocked
5th: when u withdraw, they blocked your account and ask for more documents
6th:
7th:
8th:
so how safe do u think about paypal ?
My question was more about LEA.
In you're experience, how easy is for them to get information of transactions since you have plenty of knowledge?
I know PayPal sucks if you're trying to withdraw funds from your account.
I'm so tired of WU, rude service every time (I have 10+ years of experience with them, send funds to family once a month) not to mention they rape you with currency conversion.
Also where I'm from , LEA gets info from transactions pretty easily from them as they do with MG and Bank transfers (so I've heard).
sorry, i dont understand LEA, if u just send fund to your family,not business involved , paypal is better than WU. and its also safe with paypal i think, and u dont lose much money on currency conversion, actually, wu charge much more with it.
Hmmm..,not sure you understand me well.
Maybe it's due to English not being my mothers tongue or your not paying attention to what I write..I thought my question was easy to spot on,...but I've been wrong numerous times before too lol.
Anyways..I hope more sellers take note on this thread and start to use bitcoins as it's the safest method to use for customers and sellers.
It's best to use LE instead of LEA. I even had to process that a little longer. Every Bitcoin transaction is recorded. If you're a big player, then they will try and send you bitcoins or buy bitcoins from you to track your transactions. Just read up on some articles. Search term 'vendor caught with bitcoin'.
Ok, thanks got that.
Yeah, nothing is completely safe for sure.
ppl have to educate a little bit more about using Bitcoins is the safest, not traceable and if u know the company your working with no way your money get loose or stuck.
It is so easy to use.
once u have everything setup, pay tru bitcoins is as fast as pay with credit card.
lets give it a try guys and u will never have to pay a fee in your life.
yes, u r right, bro, never so easy and safe, its also best way for clients
Is posting g a phone number completely nessasary to buy and sell?
I don't use a traditional cell phone, I go WiFi only for free. I don't have a #
not necessary sir, all u need is an email account and link your bank account
OK sounds good.
This is definitely the easiest way.
But what about buying coins anonymously?
That is tricky. If you want to be anonymous, you pay high fees and you're still not really anonymous. You can buy your coins that link to your identity and then pay tumbling services to make it very difficult to trace back to you.
This is true but unless your buying bulk there is no concern. I follow the reddit source talk quite a bit. A quality source will tumble payments from customers making it impossible for the supplier and customer to be tied together on the blockchain. The source is the one who should be worried receiving 100s of btcs, that's why it's their responsibility to tumble . Not the customer sending 1.5 btc
open a coinkite account and buy bitcoins here: https://www.bitquick.co/index.php, pm if u need help sir
This post may be way beyond what the rules allow here.. Payment info is VERY sensitive! Much love Matt!
I don't think it is. Of course I could be wrong but fact is you guys need to hear it. BC is by far the easiest and cleanest method. Hell, you don't even need to leave your house to do it. As far as MG or WU if you use a fake name and something goes wrong then what? Yea, you are out your money.
Exactly, i think ppl dont use bitcoins because are scare to. but once u use it for the first time and c how easy and secure it is u wont be back to use MG or Wu never again. why would u pay for something that can be free?
my pleasure to promote bitcoin, for myself, for clients and sources
to make the deposit ,that depends on which country u stay. pls check the link above
i dont know very well how to do in your country, so if u guys have any question, just post here, then the others who know it will help it out.
Good info. Thanks man
my pleasure to promote bitcoin for this community