Bitcoin Definition

Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Monero: the secure, private, untraceable currency

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Its not a Lambo, but I bought this with bitcoin today at 21!

Its not a Lambo, but I bought this with bitcoin today at 21! submitted by acejosh11 to Bitcoin [link] [comments]

u/sonoran-spores99 was giving away these San Pedro cactus as prizes during their 5-day giveaway. I didn't win one but I had to have one. Price was very fair and shipping was also very fast. Beautiful cactus and well worth it. Paid with Bitcoin as well. Now go buy one. u/sonoran-spores99 is the 🐐!

u/sonoran-spores99 was giving away these San Pedro cactus as prizes during their 5-day giveaway. I didn't win one but I had to have one. Price was very fair and shipping was also very fast. Beautiful cactus and well worth it. Paid with Bitcoin as well. Now go buy one. u/sonoran-spores99 is the 🐐! submitted by catchyalater00 to sporetraders [link] [comments]

bought this cool bookcase with bitcoin

bought this cool bookcase with bitcoin submitted by hypmoden to Bitcoin [link] [comments]

Guys, look what I found in a small town in Kenya. Bitcoin accepted here. Feels great to pay for my lunch with bitcoin

Guys, look what I found in a small town in Kenya. Bitcoin accepted here. Feels great to pay for my lunch with bitcoin submitted by KaaruKaaru to Bitcoin [link] [comments]

Craig Wright Called 'Fraud' in Message Signed With Bitcoin Addresses He Claims to Own

Craig Wright Called 'Fraud' in Message Signed With Bitcoin Addresses He Claims to Own submitted by pcaversaccio to CryptoCurrency [link] [comments]

How I ruined my life with Bitcoin for the 2nd time

I have been meaning to get this out of my chest for a while for years but only today I decided to tell my story for whoever wants to listen.

I will not go in much detail but I guess this is a typical gambler story.

I'll start by saying that I'm sort of an gambling addict. I started it as soon as I the bank mailed me a credit card when I was a college student.
I had a very small idea what credit cards were used for but never in my life it occurred to me to ever use one. But there it was, in the mailbox with some sweet limit for me to spend but I quickly put it in a drawer because I knew it was a bad thing to touch.
At the time I had "discovered" a method to make money guaranteed with hedging bets between different sportsbooks. I must say that back in the day you could make a living doing that and in my young adult life that was amazing.
It was a very decent extra money for a broke college student, but I quickly run out of sportsbooks to apply the method so I couldn't gain guaranteed money anymore.
So I started to gamble with that money I won. Ofc as the usual gambler, I lost it all. That's when it kicked me. I had this credit card in my drawer and one thing led to another bigger things.

It took me like 6 years to pay this credit card debt and finally be free and be gambling free also. My life was back to normal after I ruined it for years. I don't know if you can imagine the stress and anxiety this addiction carries.
I was working long hours just to pay this debt. Some months I didn't have money to pay utility bills or food.
I contemplated suicide for months, until I moved to a little better job and it lifted me up a little bit so I managed to pay all debts. Finally I was **free**.
That's when I heard about **bitcoin**. 2016. I started very small, bought a little and sold when high. "Reinvested" years later, got burnt, back to where I started and ofc I had to use the credit card again.
At this time the limit was way higher than back when I started to use it and my gambling addiction kicked in again to recover the wins.
After the credit card failed, I made loans to pay it off. Used loans to buy more bitcoin, etc etc
I invested again heavily and ofc the big crash came in 2017 and I was left with debt and my life ruined forever once more.
I ended up with almost 2 bitcoins, but like 3x the debt and I don't think I will ever be able to pay it off.
I put a stop to it right after the crash and for all this time I never touched my bitcoin or any gambling site again, but the monthly debt bills keep coming.
With my salary I'm able to keep paying the bills but always back to zero after the end of the month.

With this pandemic and staying so much time at home it got me thinking why not use the bitcoin and my addiction started kicking again.
I tried to stop it but once it got me pumped up there is no going back. I have no other addiction. Just this very expensive life ruining addiction.

I started withdrawing some bitcoin to feel the high of winnings and long story short I ended up losing it all. I still have this 1 bitcoin that I don't want to touch.
I'm writing this so I convince myself to not touch this last bitcoin. It's my last savior and hope. I feel like if I touch this bitcoin I will fall into the depression that I haven't had in years.
I'm already shaking and can't sleep at night for what I've done.
Bills keep piling up, girlfriend doesn't suspect a thing and is talking about saving money for a house and having a baby, but how can I?

All my income goes to paying the debt I accumulated over the years and I got nothing to show for it. I have no fancy cars, fancy clothes or anything.

I hope whoever sent me that credit card back when I was 18 didn't do so. It started a down spiraling down in my life that I don't see an out of it.
But that's banks for you. They want to control us from the very beginning of life.

I wasn't strong or savvy enough to say no to banks. I hope someday I can give this bitcoin to my child and for whatever its worth at the time I will know that it saved my life in the end.
submitted by btcsadlife to Bitcoin [link] [comments]

Craig Wright Called 'Fraud' in Message Signed With Bitcoin Addresses He Claims to Own

Craig Wright Called 'Fraud' in Message Signed With Bitcoin Addresses He Claims to Own submitted by Bitcoin_to_da_Moon to Bitcoin [link] [comments]

Imagine a world in which every time there was a bank robbery, every prominent newspaper called it a “dollar scam.” This is exactly what’s happening here with Bitcoin.

Imagine a world in which every time there was a bank robbery, every prominent newspaper called it a “dollar scam.” This is exactly what’s happening here with Bitcoin. submitted by Blockfolio to Bitcoin [link] [comments]

Buy cigarettes with Bitcoin in Donostia-San Sebastian, Spain

Buy cigarettes with Bitcoin in Donostia-San Sebastian, Spain submitted by graflo to Bitcoin [link] [comments]

Every solution attempted for dealing with Bitcoin's on-chain congestion has seen a catastrophic security vulnerability in the past month

(aside from bigger blocks, though BCH and BSV are also disasters on their own)
Because Bitcoin has on-chain bandwidth roughly equivalent to a 14.4kbps modem, it sees huge transaction fee spikes whenever there's a meager transaction volume.
Various solutions to mitigating on-chain congestion have been proposed, however they all had severe vulnerabilities in the past month.
A quick round up:
Bitcoin has been trading off security to mitigate its extremely limited capacity, and the results have been disastrous.
submitted by bascule to Buttcoin [link] [comments]

[WTB] Want a used Sigma Metalytics machine to test my first gold coin ever. I pay with Bitcoin

I was told to buy this machine to test my gold instead of chemical testing. I bought my first coin [arrives today] and am pretty excited. A little worried because I bought it from someone in this sub.
I will pay with bitcoin only.
EDIT: NEW OR USED - I just have bitcoin and not cash - wont sell my gold
submitted by adamsava to Pmsforsale [link] [comments]

What's that thing you want to buy with Bitcoin when the Value hits $80k-100k ATH?

As for me, I wish to buy a 5-room duplex in a cozy neighborhood and a Fairly used 2017 Audi Q7 or 2018 Q8. What about you?

submitted by BuyBitcoinsInNigeria to Bitcoin [link] [comments]

What are some problems you see with bitcoin that you don’t think have been adequately answered?

submitted by bewdliberty to Bitcoin [link] [comments]

Finally purchased my first Audi - 2013 S4! Dream come true. Also, I bought it with bitcoin

Finally purchased my first Audi - 2013 S4! Dream come true. Also, I bought it with bitcoin submitted by acejosh11 to Audi [link] [comments]

Newbie Bitcoiner asks advice in r/Bitcoin and the most upvoted answer is "**Don't assume you'll be making any kind of profits** with bitcoin though. It's much **more likely that you'll lose all your money** if you're going to chase them." .... Proving that light can reach even the dimmest of places

submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Whats something you want to buy with bitcoin, but cant find sold for bitcoin?

submitted by atrueretard to Bitcoin [link] [comments]

Microsoft Wants to Protect Your Identity With Bitcoin

Microsoft Wants to Protect Your Identity With Bitcoin submitted by simplelifestyle to Bitcoin [link] [comments]

I’m interested in purchasing online with bitcoin. No huge purchases, not looking to invest at this time. Just want the option to use bitcoin as a form of currency. Is there a best app or service for this?

Seems like more sites are offering a bitcoin option as payment. Some offer addition savings if crypto is used. Just looking for the simplest ‘one stop shop’ to convert USD to bitcoin as a consumer, not an investor. I have used Circle in the past and it wasn’t painful. Guess I’m searching for something similar...
submitted by SwanSed to BitcoinBeginners [link] [comments]

Ethereum Transaction Fees Rise Further, Gap with Bitcoin Narrows

Ethereum Transaction Fees Rise Further, Gap with Bitcoin Narrows submitted by JuniorEducator to ethtrader [link] [comments]

Electrum wallet goes in beta with Bitcoin Lightning support - Decrypt

Electrum wallet goes in beta with Bitcoin Lightning support - Decrypt submitted by parakite to Bitcoin [link] [comments]

Would really appreciate some help figuring how to pay for online shopping with bitcoin.

I'd like to pay for my online shopping with bitcoin but I've never converted money into bitcoin before.
The bill for my shopping is £54 and I'm wondering if it'd cost anything to convert it to bitcoin?
Also what's the quickest way online to convert the money from my bank account into bitcoin? I'd like to pay for the shopping as soon as possible but I'm not too sure what I'm doing exactly.
Cheers :)
submitted by MistaTrippaJonez to Bitcoin [link] [comments]

Buying Coke With Bitcoin in New Zealand

Buying Coke With Bitcoin in New Zealand submitted by nanooverbtc to CryptoCurrency [link] [comments]

You are being LIED TO about BITCOIN 🚨DON'T BE FOOLED ... Bitcoin Faucet: Getyourbitcoin - 4 satohis every 5 minutes (Faucetpay) How to Mine Bitcoins Using Your Own Computer Can I Send Bitcoins With Mesh Networks - D-Central How Bitcoin Works in 5 Minutes (Technical)

Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. Whoever you are, Bitcoin is for you. Individuals, businesses, and developers: get the support you need with our simple guides. Watch 3 min. Bitcoin 101. Free bitcoin wallets are available for all major operating systems and devices to serve a variety of your needs. For example, you can install an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer. In any case, choosing a wallet is easy and can be done in minutes.

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You are being LIED TO about BITCOIN 🚨DON'T BE FOOLED ...

Second, users can broadcast Bitcoin transactions received via satellite to remote regions such as jungles using mesh networks. The initial transaction can be sent or received by satellite, then ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f... Bitcoin is the most popular cryptocurrency with the highest cost (as of this video). There are a lot of videos talking about the revolutionary blockchain, but very few videos actually going ... Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins ... A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc ...

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