Guide to BitCoin for Newbies

[Conceited]

I have been wanting to donate for couple of months.  I'm not great but not bad with programs.  I am intimdated by BC and I need help in next couple of days.  Where do I begin ?

You need a private bit coin wallet, like electum to transfer from the buyer websites wallet, like local bit. Seems easy saying that now but it took me a while to figure out how all the parts of the sequence work. I suppose you could try sending directly from the buyers wallet but read a few horror stores mainly with coinbase. 

All I can say is give it a try and you maybe lucky and figure it out straight away. 

 

[Crazykid]

Hope this is helpful for some of our members. The first time I used bitcoin I didn’t completely understand the whole process and fees. I ended up being a little short. Luckily the vendor was understanding and I offered to make up for it on my next order which I definitely will.

That said, ever since then when I use bitcoin I always buy just a little extra since bitcoin value fluctuates and I want to make sure I have enough funds but most importantly $10-15 extra each time adds up and the last time I used bitcoin I noticed all the extra money I had left had doubled !!!

P.S. I almost forgot the best part, I don’t have to worry about using WU or MG since half the time transactions are cancelled. I’ve called them both in the past for a investigation for the cancellation. Trust me if you try they will never give you a reason. 

Hope everyone has a great day