Bitcoin Info/ Safer Transactions

rasetreydir

rasetreydir

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Apr 19, 2017
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I'd like to learn a little more about Bitcoin and how it works and what's the best way to start a Bitcoin account (or whatever it's called). I know there are Bitcoin brokers that seem legitimate but charge a fee for transactions. Can you just use a site to convert your cash directly to Bitcoin? Something tells me this is how we'll be paying in the next couple of years because of the lack of traceability and increased anonymity because it seems even just with WU or MG or RIA  things are still being tracked/recorded (i.e. names, addresses, amounts). I don't need a 1,000 word essay response, just a briefing to get me looking in the right direction.   Any advice on this topic would be greatly appreciated. Thanks in advance

 
rasetreydir said:
I'd like to learn a little more about Bitcoin and how it works and what's the best way to start a Bitcoin account (or whatever it's called). I know there are Bitcoin brokers that seem legitimate but charge a fee for transactions. Can you just use a site to convert your cash directly to Bitcoin? Something tells me this is how we'll be paying in the next couple of years because of the lack of traceability and increased anonymity because it seems even just with WU or MG or RIA  things are still being tracked/recorded (i.e. names, addresses, amounts). I don't need a 1,000 word essay response, just a briefing to get me looking in the right direction.   Any advice on this topic would be greatly appreciated. Thanks in advance
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There is a lot of info out there about bitcoin, bitcoin wallets, bitcoin exchanges, and other cryptocurrencies  just use google and do some reading on bitcoin forums but the easiest way to get started is open a Coinbase account and then find a second wallet like Electrum, both are Free to open accounts.   

The reason you want to do it this way is because coinbase is an exchange and they are very strict about sending to certain places, so if you have a second wallet you can always use Coinbase to buy your bitcoin > then send to 2nd wallet > then send to your recipient as this give you an extra level of security and will keep you from getting banned from coinbase in the event you pay for something Coinbase doesn't like.

For cashing out your bitcoin into cash you can use bitpay and if you use google you can find some other services too.  

You will always have to pay the provider a fee when buying or cashing out because they have to make their money too but some are cheaper than others!

I hope this helps you out some and let me know if you need any other info or help!    

Take care and have a great day!

Big Drew 

 
What Big Drew said is perfect and the best way to get started without over-complicating things. Just be sure to follow his suggestion on using Coinbase only to purchase the coin and then send them to your own personal wallet like Electrum.

Only other thing I can add is the website coindesk.com is a good resource for checking the current value of btc and also has a currency converter/calculator which is very handy.

 
VioletsBlue said:
I'd also like to say thank you for the info in this thread. The whole bitcoin thing and having to do a load of research when my brain is foggy was a really daunting prospect. I'll go ahead with the instructions here which will (hopefully) get me up and running.
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Good for you! Let us know how you get on!

 
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  1. xenxra @ xenxra: @WTF7218 it may as well be that way with how little effort some of the people on here make to find information that's exactly where you would expect it to be.
  2. ontovzik @ ontovzik: When I had long term shingles, lasting two months. All he could give me was a 10 day supply of dilaudid. He looked at the ground while we were talking about it. I could tell he was ashamed but it was the legislature and the governor that tied his hands. He was very upset that non-medical political people, the media, and the scared public were controlling how he treated his patients. Someday those people will need meds and a hospital bed and they will be gone.
  3. ontovzik @ ontovzik: I had a great doctor, he had the true gift of a healer and he stayed on top of all the science. He straight up told me that for many people opiods work for managing short and long term pain.
  4. ontovzik @ ontovzik: He peed it in the snow in my backyard.
  5. WTF7218 @ WTF7218: @xenxra 😆😂. Yes, but only a few brave souls will ever find the number. You must first order a Dirty Shirley from the bartender. Then you must discreetly take the cocktail napkin from under your drink and unfold it. There you will find the map to the location of the phone number, and clues to decipher the code that it is written in.
  6. xenxra @ xenxra: he left his phone number scribbled in a stall at the pub three blocks down
  7. N @ NYStateofMind: @Alkazar I would try one of those easy online ones .. reddit gives useful info about that
  8. Alkazar @ Alkazar: @NYStateofMind I dont really have a history of abusing things, my docotr is just really stingy. I am thinking of switching.
  9. C @ Cheesus: Thanks xenxra
  10. xenxra @ xenxra: @Cheesus yeah, use snote
  11. P @ psychedpsych: Trump is cracking down….
  12. P @ psychedpsych: Hackers are the scum of the earth
  13. N @ NYStateofMind: so it was easy bc of my history
  14. N @ NYStateofMind: I didnt really tell him but he knew I needed a new script since my dr went to jail
  15. N @ NYStateofMind: @xenxra I was on Adderall since 15 years ago so my dr prescribed that w no problems and then when I lost my best friend my doctor rxed the valiums but
  16. C @ Cheesus: Temp.pm down for anyone else?
  17. xenxra @ xenxra: @NYStateofMind my doctor's have always been pretty open minded if i can actually come in and explain the pharmacological action of the drugs im seeking instead of just telling them why i think i should be prescribed. the only time it didn't work out for me is when i was trying pharmaceuticals for depression ten years ago and suggested they let me try testosterone instead (turns out i was hypogonadal so they made a mistake denying my request at face value)
  18. T @ Testisthebest: Even down here in Florida when the pill mill docs all switched over to Suboxone and/or retired you can still find some pretty liberal docs but you gotta know what to look for. Mine does "pain management, detox, anxiety,etc. And no insurance. My doc writes me 60 5mg Valium, 14 2mg Xanax and asked if I had ever tried adderal to get more focus at work as I told him I run my own business.
  19. N @ NYStateofMind: @Alkazar do they know your history? Like I dont tell my doctor anything about myself except what they need to know,...I was able to get my dr to rx the highest dose of adderall along with valiums ..... if they dont know your history or there is no history I would just come out and ask what is the reason for their mistreatment.... they have no problem billing your insurance or taking a payment for the visit
  20. T @ Turbo259: @Layne_Cobain Thank you fam
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