Go ahead Vancouver, ban Bitcoin ATMs, but that won’t solve ...

World's First Bitcoin ATM Set to Go Live Tuesday.. In VANCOUVER BC! | Wired Enterprise

World's First Bitcoin ATM Set to Go Live Tuesday.. In VANCOUVER BC! | Wired Enterprise submitted by paper_boy_1 to canada [link] [comments]

World's First Bitcoin ATM Set to Go Live Tuesday Vancouver BC| Wired Enterprise

World's First Bitcoin ATM Set to Go Live Tuesday Vancouver BC| Wired Enterprise submitted by Big_al_cervix to Anarcho_Capitalism [link] [comments]

World's First Bitcoin ATM Set to Go Live Tuesday.. In VANCOUVER BC! | Wired Enterprise

World's First Bitcoin ATM Set to Go Live Tuesday.. In VANCOUVER BC! | Wired Enterprise submitted by paper_boy_1 to Libertarian [link] [comments]

Bitcoin in Vic?

just wondering if there's someone around that can get me some of those damned bitcoins
submitted by latenitelay to VictoriaBC [link] [comments]

Nuvmining | What Is Bitcoin, How Is It Various Than "Real" Cash and also How Can I Get Some?

Bitcoin is a digital money. It does not exist in the kind of physical type that the currency & coin we're used to exist in. It does not even exist in a type as physical as Syndicate cash. It's electrons - not molecules.
nuv mining
Yet consider just how much cash you directly handle. You obtain an income that you require to the bank - or it's autodeposited without you even seeing the paper that it's not printed on. You after that utilize a debit card (or a checkbook, if you're old school) to access those funds. At finest, you see 10% of it in a money form in your pocket or in your pocketbook. So, it turns out that 90% of the funds that you take care of are online - electrons in a spreadsheet or data source.
nuvmining
However delay - those are UNITED STATE funds (or those of whatever nation you come from), safe in the financial institution and also ensured by the complete belief of the FDIC approximately about $250K per account, right? Well, not exactly. Your banks might just called for to maintain 10% of its deposits on down payment. In some cases, it's much less. It offers the rest of your cash bent on other individuals for approximately thirty years. It charges them for the funding, and also costs you for the advantage of letting them offer it out.
Just how does money obtain developed?
Your financial institution reaches produce money by offering it out.
State you deposit $1,000 with your bank. They then lend out $900 of it. Unexpectedly you have $1000 as well as another person has $900. Magically, there's $1900 floating around where prior to there was only a grand.
Currently claim your bank instead offers 900 of your dollars to another financial institution. That financial institution in turn lends $810 to an additional financial institution, which after that offers $720 to a client. Poof! $3,430 in an immediate - virtually $2500 produced out of nothing - as long as the bank follows your federal government's central bank rules.
Production of Bitcoin is as different from bank funds' creation as cash money is from electrons. It is not managed by a government's reserve bank, but rather by consensus of its customers as well as nodes. It is not developed by a restricted mint in a structure, however rather by dispersed open source software program and computer. As well as it needs a type of real work for production. Extra on that particular shortly.
Who created BitCoin?
The very first BitCoins remained in a block of 50 (the "Genesis Block") created by Satoshi Nakomoto in January 2009. It really did not really have any type of worth initially. It was simply a cryptographer's toy based on a paper published two months earlier by Nakomoto. Nakotmoto is an evidently imaginary name - nobody appears to know that she or he or they is/are.
That monitors everything?
Once the Genesis Block was developed, BitCoins have actually because been produced by doing the work of keeping track of all deals for all BitCoins as a kind of public journal. The nodes/ computers doing the computations on the journal are awarded for doing so. For each collection of effective calculations, the node is rewarded with a specific quantity of BitCoin (" BTC"), which are after that freshly produced right into the BitCoin community. For this reason the term, "BitCoin Miner" - because the procedure develops new BTC. As the supply of BTC increases, and also as the number of transactions boosts, the job essential to update the public ledger gets harder and also much more complicated. As a result, the variety of new BTC right into the system is created to be concerning 50 BTC (one block) every 10 minutes, worldwide.
Although the computer power for mining BitCoin (as well as for upgrading the public ledger) is currently boosting exponentially, so is the intricacy of the mathematics problem (which, incidentally, additionally needs a certain amount of thinking), or "evidence" needed to mine BitCoin as well as to settle the transactional publications at any type of provided moment. So the system still only generates one 50 BTC block every 10 minutes, or 2106 blocks every 2 weeks.
So, in a sense, everyone tracks it - that is, all the nodes in the network keep track of the background of every single BitCoin.
Just how much is there and also where is it?
There is a maximum variety of BitCoin that can ever before be produced, and that number is 21 million. According to the Khan Academy, the number is anticipated to peak around the year 2140.
Since, today there were 12.1 million BTC in flow
Your very own BitCoin are kept in a documents (your BitCoin purse) in your very own storage space - your computer system. The data itself is evidence of the number of BTC you have, and also it can move with you on a mobile phone.
If that data with the cryptographic key in your wallet obtains lost, so does your supply of BitCoin funds. And also you can't obtain it back.
Just how much is it worth?
The value differs based on just how much people believe it deserves - similar to in the exchange of "real cash." Yet due to the fact that there is no central authority trying to maintain the value around a certain level, it can vary a lot more dynamically. The very first BTC were generally worth absolutely nothing at the time, however those BTC still exist. Since 11AM on December 11, 2013, the general public value was $906.00 United States per BitCoin. When I completed composing this sentence, it was $900.00. Around the start of 2013, the value was around $20.00 United States. On November 27, 2013 it was valued at greater than $1,000.00 United States per BTC. So it's kind of unstable presently, yet it's expected to calm down.
The complete value of all BitCoin - since the period at the end of this sentence - is around 11 billion US bucks.
How can I get me some?
First, you have to have a BitCoin purse. This post has links to get one.
Then one method is to purchase some from one more private party, like these individuals on Bloomberg TV. One method is to purchase some on an exchange, like Mt. Gox.
As well as finally, one means is to dedicate a lot of computer power as well as power to the process as well as become a BitCoin miner. That's well outside the extent of this post. However if you have a couple of thousand extra dollars lying around, you can obtain rather a gear.
Exactly how can I spend it?
There are numerous vendors of all sizes that take BitCoin in payment, from cafes to auto dealers. There's also a BitCoin ATM in Vancouver, British Columbia for transforming your BTC to cash in Vancouver, BC.
And so?
Money has had a lengthy background - centuries in size. Somewhat recent tale tells us that Manhattan Island was bought for wampum - seashells & the like. In the very early years of the United States, different financial institutions printed their own money. On a recent visit to Salt Spring Island in British Columbia, I invested currency that was just good on the beautiful island. The common style among these was a trust agreement amongst its customers that specific currency held value. In some cases that worth was tied directly to something strong and physical, like gold. In 1900 the U.S. connected its currency straight to gold (the "Gold Requirement") and in 1971, ended that tie.
Currently money is traded like any kind of various other commodity, although a certain nation's currency worth can be propped up or decreased through activities of their reserve bank. BitCoin is an alternative money that is also traded as well as its value, like that of various other products, is figured out via trade, yet is not stood up or lessened by the action of any kind of bank, however rather straight by the activities of its individuals. Its supply is minimal as well as known nevertheless, and also (unlike physical money) so is the history of each and every single BitCoin. Its viewed worth, like all various other money, is based on its utility and also count on.
As a form of currency, BitCoin not specifically a new thing in Production, however it absolutely is a new means for cash to be created.
submitted by Nuvmining to u/Nuvmining [link] [comments]

QuadrigaCX: A history of suspicious activity

This is a compilation of everything suspicious I found with Quadriga. Please let me know if there’s anything incorrect or missing

Early History (2013-2017)
All account fundings are considered to be purchases of QuadrigaCX Bucks. These are units that are used for the purposes of purchasing Bitcoin or other cryptocurrencies. QuadrigaCX Bucks are NOT Canadian Dollars. Any notation of $, CAD, or USD refers to an equivalent unit in QuadrigaCX Bucks, which exist for the sole purpose of buying and selling Bitcoin and other cryptocurrencies.
QuadrigaCX is NOT a financial institution, bank, credit union, trust, or deposit business. We DO NOT take Deposits. We exist solely for the purposes of buying and selling cryptocurrencies.

Banking troubles throughout 2018

Period leading up to Gerry’s death

Gerry’s death and announcement

Chain analysis of the crypto trapped in cold storage

Formal Active Investigations

References:
Quadriga’s History
CCN Article listing suspicious activity
Court Documents
submitted by crashcow51 to QuadrigaCX2 [link] [comments]

Buy & Sell Bitcoin in Vancouver: 10% Off Fees*

Vancouver Bitcoin is a retail cryptocurrency brokerage located in Vancouver, BC. We buy and sell Bitcoin, Ethereum, EOS, Litecoin, USDT and over 100 altcoins. Unlike ATMs and other brick and mortar exchanges, we do not put a spread in our prices. We buy and sell at live market prices and only charge a transaction fee. Our fees are based on volume and our average fee for most transactions is 5%. First time customers are eligible for a one-time 10% discount by quoting this ad.
Please contact us or visit us in store for more details:
Phone: 604-559-9499
Address: 1807 Burrard Street, Suite 202, Vancouver, BC, V6J 1H9
Hours: Mon-Fri (10am-6pm); Sat (12pm-5pm); Sun (Closed)
submitted by vancouver-bitcoin to BitcoinCA [link] [comments]

Help a Canadian Noob: How to get BTC from Nicehash to an ATM in my area?

This may not be the best way to withdraw the BTC i get from Nicehash, but wondering how I would do it if I wanted to.
I'm in the Vancouver, BC area, and looks like there is a bunch of ATMs or Tellers in the area where you can buy and sell BTC. I wondering if I can get my NiceHash earnings out to one of these ATMs/Tellers, the steps involved and fees along the way.
Here is the list: https://coinatmradar.com/city/170/bitcoin-atm-vancouver-ca/
I was going to ask about the Wave's in Port Coquitlam because it had the lowest fees yesterday, 3.9%, but today they are up to 5.9%. It says you buy/sell "from BitcoinAverage". I don't know what that is.
One of the other lower fee ones is Bitcoiniacs in Richmond, their fee: "Sell: 5% from Kraken"
Any info would be much appreciated! :)
Edit: I've seen other's post about going Coinbase -> Gdax -> Quadrigacx -> Bank Account, and I'll probably do that as well... but sounds like opening those accounts can take time, and my passport is expired, will have to get a new one... So trying to trace the chain to ATM's: seems it'd be easier and more anonymous, no tax man, and faster...
submitted by Mac255 to NiceHash [link] [comments]

01-16 16:43 - 'Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person likely drove Bitcoin from $150 to $1,000 ....NO. Try more FUD' (self.Bitcoin) by /u/Theguy3993 removed from /r/Bitcoin within 564-574min

'''
Yeah ok keep pumping out the articles about this so funny I would bet the articles stating bitcoin went to 1000$ on fraudulent money is 100% posted by insider traders or Wall St.. And Its no secret Wall St is driven by insider trading. Heck you can watch a documentary that shows how they do insider trading using loopholes of having a couple people down the line get the info that they "donate" money to for information. But anyways I just wanted to post another rant and laugh... Also, if you want to claim bitcoin is fraudulent based on a couple people who traded 36 million dollars worth of a coin worth 250 Billion on average give or take 50 billion or 0.000144% of bitcoin then I guess all banks should close tomorrow since 90% of all money banks handle have traces of cociane on them and clearly came from fraudulent places.
Again, I will state bitcoin will rise and fall like it always does pretty much only falling from fake news pumped in sync with sell offs to try to get more for cheap, and thats fine its so obvious to me also I have traded since before Mt.Gox and the coins never went to its peak and stayed there untill after the fall of Mt.Gox. The timeline may show that right before Mt.gox froze the price of BTC was going up. Until around that time but anyone who used MT.Gox knows that no one could move, trade or withdraw there funds long before it was froze and it finally froze from the lawsuits regarding this so essentially Mt.Gox was out of the game.
And for those who like facts here you are I will include the links also
[link]1
"On 15 May 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US.[52][53]
On 17 May 2013, it was reported that BitInstant processed approximately 30 percent of the money going into and out of bitcoin, and in April alone facilitated 30,000 transactions,[54]
On 23 June 2013, it was reported that the US Drug Enforcement Administration listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881.[55] It is the first time a government agency has claimed to have seized bitcoin.[56][57]
In July 2013 a project began in Kenya linking bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa.[58] During the same month the Foreign Exchange Administration and Policy Department in Thailand stated that bitcoin lacks any legal framework and would therefore be illegal, which effectively banned trading on bitcoin exchanges in the country.[59][60] According to Vitalik Buterin, a writer for Bitcoin Magazine, "bitcoin's fate in Thailand may give the electronic currency more credibility in some circles", but he was concerned it didn't bode well for bitcoin in China.[61]
On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction,[62][63] and Germany's Finance Ministry subsumed bitcoins under the term "unit of account"—a financial instrument—though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.[64]
In October 2013, the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht.[65][66][67] Two companies, Robocoin and Bitcoiniacs launched the world's first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, allowing clients to sell or purchase bitcoin currency at a downtown coffee shop.[68][69][70] Chinese internet giant Baidu had allowed clients of website security services to pay with bitcoins.[71]
In November 2013, the University of Nicosia announced that it would be accepting bitcoin as payment for tuition fees, with the university's chief financial officer calling it the "gold of tomorrow".[72] During November 2013, the China-based bitcoin exchange BTC China overtook the Japan-based Mt. Gox and the Europe-based Bitstamp to become the largest bitcoin trading exchange by trade volume.[73]
In December 2013, Overstock.com[74] announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins.[75] After the announcement, the value of bitcoins dropped,[76] and Baidu no longer accepted bitcoins for certain services.[77] Buying real-world goods with any virtual currency has been illegal in China since at least 2009.[78]"
*** In fact I was trading the Down swings around this time and remember it quite clearly and the price most deffinatly did not shoot up with any relation to Mt.Gox if anything Mt.Gox was the reason for the fall from the news and panic!
Also, WAKE UP PEOPLE. Wall St's total value is what 2.7 Trillion that took like 100 years to get. Does no one else realize the magnitude of Bitcoin to them. Bitcoin in 10 years or less including its many other Coins under it is worth 658-758Billion or 0.65-0.75T in 1/10th the time Wall St did it and its getting bigger all the time.
[link]2
I've said it before and Ill say it again there scared because Bitcoin, (and altcoin), traders are used to volatility, We can loose 70% of our gains or investment in a day or an hour and still keep on truckin. But that type of volatility scared the pants off the big traders because they also have investors to explain these situations to and they have no merits to base there explanations on since nothing in the real world short of good and bad news or money in and money out of coins affects the prices very much. And for this reason Wall St will never like it and the fact its outside of there nice controlled systems they designed that benefit the rich and rape the poor. And this new system which does not allow credit, or BS is a new realm to them. Sure there might be some insider trading some of the time but the order books and live stats are available to anyone and everyone equally, unlike stocks where you need crazy memberships just to get short 15 minute delayed stats on the live markets and only the top accounts with over 50,000$ invested can even dream about getting anything better. And you have to pay 6.99-24.99 Per trade the lesser being for the 50k investor, leaving no learning curve for the small guys. So in my opinion its still a way better system and anyone can easily do some research like I have today and not panic sell from every little BS article and simple trade for yourselves. And Bitcoin to Altcoin trades BTW will cost you 0.06-0.08% and Bitcoin/Altcoin to USD (Or your Currency) will cost you 0.18-0.24% on most exchanges or platforms.
If you've read my rant this far I thank you for your time. Some article just really grind my gears :D
PS - Below is some handy trading platforms and tools
I would also like to take a moment just to say anyone interested in a FreeTrading Platform should check out Qt Bitcoin Trader from source forge. Or if your a bit more advanced there is a nice program you can try for free and the trial is the the same as the full version (I have used both since I bought it shortly after) and that is called LeonarDo by margin software a very talented German company.
Qt Bitcoin Trader - [link]3 Leonardo - [link]4
'''
Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person likely drove Bitcoin from $150 to $1,000 ....NO. Try more FUD
Go1dfish undelete link
unreddit undelete link
Author: Theguy3993
1: https://en.wikipedia.org/wiki/History_of_bitcoin#2013 2: www*w***dcoinind*x.*om/ 3: s*u*c*forge*ne*/*roje*ts/bitc*intr**e 4: ma**insof*ware.de*p**duct.ht**
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] Bitcoin is fraudulent and nothing but insider Trading ...NO, Researchers find that one person lik...

The following post by Theguy3993 is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7qqmjt
The original post's content was as follows:
Yeah ok keep pumping out the articles about this so funny I would bet the articles stating bitcoin went to 1000$ on fraudulent money is 100% posted by insider traders or Wall St.. And Its no secret Wall St is driven by insider trading. Heck you can watch a documentary that shows how they do insider trading using loopholes of having a couple people down the line get the info that they "donate" money to for information. But anyways I just wanted to post another rant and laugh... Also, if you want to claim bitcoin is fraudulent based on a couple people who traded 36 million dollars worth of a coin worth 250 Billion on average give or take 50 billion or 0.000144% of bitcoin then I guess all banks should close tomorrow since 90% of all money banks handle have traces of cociane on them and clearly came from fraudulent places.
Again, I will state bitcoin will rise and fall like it always does pretty much only falling from fake news pumped in sync with sell offs to try to get more for cheap, and thats fine its so obvious to me also I have traded since before Mt.Gox and the coins never went to its peak and stayed there untill after the fall of Mt.Gox. The timeline may show that right before Mt.gox froze the price of BTC was going up. Until around that time but anyone who used MT.Gox knows that no one could move, trade or withdraw there funds long before it was froze and it finally froze from the lawsuits regarding this so essentially Mt.Gox was out of the game.
And for those who like facts here you are I will include the links also
https://en.wikipedia.org/wiki/History_of_bitcoin#2013
"On 15 May 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US.[52][53]
On 17 May 2013, it was reported that BitInstant processed approximately 30 percent of the money going into and out of bitcoin, and in April alone facilitated 30,000 transactions,[54]
On 23 June 2013, it was reported that the US Drug Enforcement Administration listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881.[55] It is the first time a government agency has claimed to have seized bitcoin.[56][57]
In July 2013 a project began in Kenya linking bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa.[58] During the same month the Foreign Exchange Administration and Policy Department in Thailand stated that bitcoin lacks any legal framework and would therefore be illegal, which effectively banned trading on bitcoin exchanges in the country.[59][60] According to Vitalik Buterin, a writer for Bitcoin Magazine, "bitcoin's fate in Thailand may give the electronic currency more credibility in some circles", but he was concerned it didn't bode well for bitcoin in China.[61]
On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction,[62][63] and Germany's Finance Ministry subsumed bitcoins under the term "unit of account"—a financial instrument—though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.[64]
In October 2013, the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht.[65][66][67] Two companies, Robocoin and Bitcoiniacs launched the world's first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, allowing clients to sell or purchase bitcoin currency at a downtown coffee shop.[68][69][70] Chinese internet giant Baidu had allowed clients of website security services to pay with bitcoins.[71]
In November 2013, the University of Nicosia announced that it would be accepting bitcoin as payment for tuition fees, with the university's chief financial officer calling it the "gold of tomorrow".[72] During November 2013, the China-based bitcoin exchange BTC China overtook the Japan-based Mt. Gox and the Europe-based Bitstamp to become the largest bitcoin trading exchange by trade volume.[73]
In December 2013, Overstock.com[74] announced plans to accept bitcoin in the second half of 2014. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins.[75] After the announcement, the value of bitcoins dropped,[76] and Baidu no longer accepted bitcoins for certain services.[77] Buying real-world goods with any virtual currency has been illegal in China since at least 2009.[78]"
In fact I was trading the Down swings around this time and remember it quite clearly and the price most deffinatly did not shoot up with any relation to Mt.Gox if anything Mt.Gox was the reason for the fall from the news and panic!
Also, WAKE UP PEOPLE. Wall St's total value is what 2.7 Trillion that took like 100 years to get. Does no one else realize the magnitude of Bitcoin to them. Bitcoin in 10 years or less including its many other Coins under it is worth 658-758Billion or 0.65-0.75T in 1/10th the time Wall St did it and its getting bigger all the time.
I've said it before and Ill say it again there scared because Bitcoin, (and altcoin), traders are used to volatility, We can loose 70% of our gains or investment in a day or an hour and still keep on truckin. But that type of volatility scared the pants off the big traders because they also have investors to explain these situations to and they have no merits to base there explanations on since nothing in the real world short of good and bad news or money in and money out of coins affects the prices very much. And for this reason Wall St will never like it and the fact its outside of there nice controlled systems they designed that benefit the rich and rape the poor. And this new system which does not allow credit, or BS is a new realm to them. Sure there might be some insider trading some of the time but the order books and live stats are available to anyone and everyone equally, unlike stocks where you need crazy memberships just to get short 15 minute delayed stats on the live markets and only the top accounts with over 50,000$ invested can even dream about getting anything better. And you have to pay 6.99-24.99 Per trade the lesser being for the 50k investor, leaving no learning curve for the small guys. So in my opinion its still a way better system and anyone can easily do some research like I have today and not panic sell from every little BS article and simple trade for yourselves. And Bitcoin to Altcoin trades BTW will cost you 0.06-0.08% and Bitcoin/Altcoin to USD (Or your Currency) will cost you 0.18-0.24% on most exchanges or platforms.
If you've read my rant this far I thank you for your time. Some article just really grind my gears :D
PS - Below is some handy trading platforms and tools
I would also like to take a moment just to say anyone interested in a FreeTrading Platform should check out Qt Bitcoin Trader from source forge. Or if your a bit more advanced there is a nice program you can try for free and the trial is the the same as the full version (I have used both since I bought it shortly after) and that is called LeonarDo by margin software a very talented German company.
Qt Bitcoin Trader - https://sourceforge.net/projects/bitcointrade Leonardo - https://marginsoftware.de/product.html
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Bitcoin: A BIT of a problem

My name is Joe Average. I am the 80% of people who found out about bitcoin. I found out last week that an ATM for a new type of special currency is being released in my hometown, Vancouver BC Canada. Like many others, I'm still clueless about bitcoin, despite spending my halloween weekend researching it, trying to find out whether it's a trick or a treat (sorry I had to).
In this post, I'll list what I know about it, then list the thoughts, problems, and barriers that I, and probably 80% of the population, feel about bitcoin. These things are probably most relevant to those of you bitcoin enthusiast that have a vested interest in the success of the currency/commodity, because the general public represents a population that will influence the capacity that bitcoin can have in society.
Bitcoin has many advantages. Here are the advantages that I came across in forums and news articles: -free from government influence -zero bank fees -limited resource, naturally appreciating value -relatively anonymous -intangible, convenient to carry -irreversible transactions
And here are some problems, starting from the most relevant one which probably everyone thinks of right off the bat:
1-Bitcoin or cash? Why should I bother using bitcoin? Dozens of local merchants in my area are accepting bitcoin. Wow that's great! Now I can spend 2 hours acquiring bitcoin from a private, ungoverned, unregulated exchange (more on that later) and buy a medium belgium hot chocolate from waves (great drink by the way). Paying with card or cash? No ma'am, I'm paying with BITCOIN big teethy smile, eyebrows up and down several times Ok, bust out the ipad or whatever, spend 15 minutes waiting for the cashier to grab her ipad, unlock the screen, get a network connection at coffee shop network speeds, tap the bitpay app or w/e, load the app, scan my qr code, wait for the transaction to verify, blah blah blah, meanwhile, big ass line up forms behind me and I'm the big asshole who decided to pay with bitcoin instead of cash.
Okay, in all fairness, I'm probably being ignorant to some bitcoin app out there that cuts this whole process down from 15 minutes to just 5 minutes, the time it takes to verify transactions. But if I have to use an app, that probably costs money. So now my $4.50 dark belgium hot chocolate now costs $4.65 + 5 minutes of my life.
Hmm maybe I'll just 1) whip out some cash 2) whip out my visa card and pay it off right away so I don't incur interest fees 3) pay for it with debit, my bank doesn't charge me debit fees for using my card
2-Sending bitcoin So let's say what appeals to me is that bitcoin replaces Western Union, bank transfers, etcetc. I want to send $4,000 to Alice and Bob of ABC Co., payment for their work as hypothetical people in every accounting example I've ever read. For that amount, I'd have to pay >$100 in service fees from a money company. Or I could save myself >$100 by using bitcoin instead.
Okay great! Where do I start? Download a wallet. Done, nice. Next step, synchonize 208 weeks of ledger. Great.. oh, hang on. It's been 4 hours and I've downloaded 3 weeks. What the fuck?! How long does this take.. it doesn't even tell me how long it will take or how big the file is! computer left running overnight Awesome, just 2 more nights to go then I'll be fully syncrhonized. 2 days later hard-drive is maxed out? I needed a new one anyways. 4 days and a 500GB SSD later Now I have my wallet ready to use. Time to purchase some bitcoin!
So I purchase bitcoin, send it to Bob and Alice, and since they own ABC Co., a massive enterprise, they employ an IT guy, and he is the only guy in the company who will ever understand how to securely use bitcoin. He's behind 2 juniper firewalls (for redundancy), we VPN tunnel'd the payment code over with the pass, that way I know it went to him and nothing's been compromised. Because once the funds are sent out, it's gone, there is no insurance. Which brings me to my next point:
Bottom line: requires a lot of time to SAFELY and SECURELY send bitcoin, FEE-FREE. But that's okay because I have nothing better to do. If I had kids, errands, work, non-IT hobbies to do, $40-$100 might be worth the time it takes me to research the process of sending bitcoin out properly.
3-Bitcoin wallet services There's a whole list of companies emerging to take podium position in the race of the bitcoin wallet services world. Besides setting up a bitcoin exchange (which anyone can do in their basement), bitcoin wallets are the next biggest thing in bitcoin.
In the digital world, about 3 companies take podium position in a certain thing. Like Android/Apple/Blackberry for cell phones, Windows/Apple/Linux, Chrome/Firefox/IE, etc etc. Right now, for digital bitcoin wallets, everyone's competing to be one of those 3 major companies that everyone will use. Companies like coinbase.
These companies cost money. Coinbase has a pretty impressive talent pool. Let me introduce them to you:
Barry Kwok- Holy shit, this guy has a Masters in Engineering?! No seriously, this guy is a master of engineering. He built teams of 5 to 50 people at Google (fucking google man!). This guy is the first guy on the list, how much does he make? I'd have to guess $120k
Craig Hammell- This guy built OK Cupid. I know a guy who uses that shit to get laid, it really works, so OK cupid is probably a well-established company. Because of Craig's success with OK cupid, and the fact he looks that young, I'd say he probably doesn't make that much, just a modest $90k
Olaf Carlson-Wee- Olaf does rock-climbing, enough said. $95k
Fred Erhsam- Traded at Goldman Sachs. $150k
Charlie Lee- Invented Litecoin, worked on google chrome, google play, and youtube. $120k
Brian Armstrong- This guy has experience with Fraud Prevention. Don't know why they hired him, because as everyone's been saying, you can't fraud bitcoin. Since they don't need him, he's probably an intern.
Let's run some quick numbers: Total cost of salaries: $575,000/year Other expenses including dividends to investors: $3m/year
So this company has $3.6m a year to allocate to their consumer base of 329k of wallets, and 12k merchants. That is roughly $10.56/year per wallet or merchant. (realistically, the portion of cost between wallets and merchants would be not be split equally, and of course all these figures are pulled straight from thin air, however, this is reddit, not forbes).
That is a very low amount compared to using VISA which costs merchants $0.25/transaction+monthly service fee. As we can see, bitcoin is a great! Save some money.
But here's the problem: people fraud banks all the time. That costs money. Somebody puts $10k in their digital wallet, loses it, they're going to be pissed off. They'll start demanding it back from coinbase. The day coinbase pays 1 guy $10k compensation, the day they'll have to pay everyone that loses money like that, and that $3-mil figure I gave above will be much higher, and the fees everyone has to pay will go up. If coinbase doesn't compensate, then people will be reluctant to use bitcoin for anything other than small transactions.
This means bitcoin will not have the capacity to be adopted by regular people, like me. Either I lose big chunks of money at a time, when my digital wallet gets hacked, goes missing, frauded, etc, or I lose it in smaller chunks and frequency which is similar to a bank.
So digital wallet services are just like banks. Wait, I thought the bitcoin guys were saying banks were a bad thing?
4-Inflation vs Deflation I see a lot of bitcoin enthusiasts talking economics, which really angers me. You should read some of the things they say "inflation is bad, bitcoin actually deflates, so its good" "the government can't fuck with bitcoin, so its good" "bitcoin good, so it's good". If you're a bitcoin enthusiast and discussed bitcoin economics, you probably need to trade your internet credit for some college credits. Because seriously, that is some retarded shit. For example:
Inflation is bad, bitcoin deflates = good / The gov't can't fuck with bitcoin so it's good No. Inflation is good, yes I said it and you can quote me on that. Inflation allows job creation through lowering interest rates which encourages people and businesses to buy things. When stuff is bought, things happen. And jobs are required to make things happen. So when the government sees that "hey, our economy ain't doin too well, how bout we print some of ye ol' fashioned paper dolla bills" that's a strategic move to lower the unemployment rate and increase GDP.
The US is in shambles right now for reasons beyond inflation. The #1 reason why is labour costs too much in the US. Shaquila and Billy Bob don't want to work in a factory for $12/hr, they're too in love with hollywood and liberty, thinking they're entitled to a high paying comfortable job. Half of America thinks like that. But guess what, the Chinese don't, they're happy to pick up where Shaquila and Billy Bob left off. And because of the economies of scale thanks to their large population, that ignited over night, and now the US is left with a population that doesn't want to work. There's also a bunch of other reasons like going to war, etc, but that's debatable because there's a cost/benefit of going to war (own all the oil rigs out east to pay for things because you lazy fucks can't be bothered to make money with elbow grease).
The point is, mind fuck #1, inflation is a solution to a problem that's not related to money.
On the other side of the coin, deflation IS a bad thing.
Deflation, which bitcoin is designed to do, means that there will be fewer amounts of money to spend over time. That increases the price of things. That's good for people who are holding on to bitcoin. This encourages people to spend with bitcoin less, and save more. Mind fuck #2, saving money is bad, because it reduces GDP. It reduces the need for companies like coinbase to develop and create a product for spending bitcoin in the first place. So the more bitcoin deflates, the more its value goes up, the less people spend bitcoin on shit, the less merchants see a point in accepting bitcoin, the less merchants use bitcoin, the less people buy bitcoin, then bitcoins value goes down.
5-Limited supply of bitcoins This title should read Diminishing supply of bitcoins, but it would then be misinterpreted without an explanation. Bitcoins don't diminish, they are simply unaccounted for. Meaning, if you have bitcoins, and forget the password, it is gone forever. And in case you didn't know, people are human, making them prone to mistakes. Forgetting, etc. So, over time, enough people will lose bits and pieces of bitcoin here and there. That's going to add up over the long run. Units of measure will start going to miliBits, Microbits, ultra micro bits, ultra ultra micro bits. etc. Kind of like fiat currency, it can inflate to be infinitely large, and with bitcoin, infinitely smaller.
6-Exchanges and trading When Silk Road went down, bitcoin went up. First, naturally and by way of economics, fewer bitcoin = increased value. The Silk Road guy had $26-million USD worth of bitcoin, more than enough bitcoin to raise the market price. Followed by that, we have news, and hype, which drove higher. Then the fact prices are going up, makes a nice news article, which drives it up even more. When prices went up because of the news, incentive went up. Now the prices are so high, some people have made fortunes off of it. And that makes the news too, which drives it up again even higher.
That's a great incentive if you're a bitcoin investor. Hey, the winklevoss twins have 1% of bitcoin, all you miners go use your mining pools to break into the winklevoss account and delete the fuck out of their bitcoin wallets and backup, so you can raise the market value.
Just kidding. That's a lot of work. You know what's easier? This:
1) Start your own bitcoin exchange, no fees 100% free. 2) People will start trading on it. 3) ???? 4) Profit!
Actually step 3 isn't a mystery, you set the fucking price level to whatever you want it to be. And because it's 100% unregulated, unsanctioned, not tied to any commodities, no authority, no referee, no consortium, you can do whatever the fuck you want on it.
Without authority, believing that the prices on the bitcoin exchange is set naturally by way of price and demand is like believing in religion. You just have to believe.
Of course with public exchanges, there is some level of corruption involved, but that's why people get arrested and shit. Using bitcoin exchanges doesn't have that level of protection, and it never will. You think the governments own law enforcement is going to go after guys corrupting a private stock exchange, which trades a currency that negatively impacts their own fiat currency? Unless the government is somehow benefiting from bitcoin, which it won't by design, the police will simply have a good laugh at that.
In conclusion, there's so many flaws that I can see with bitcoin. But bitcoin enthusiasts will say otherwise. If I jumped on the bitcoin train 3 years ago, I'd probably do the same thing as you: make up some backwards economic reasoning it'll succeed, some backward political reason, etc.
So Dear Bitcoin, you just don't make enough sense to us, the general population, for us to adopt you. A great substitute for currency in the underground world, but you just don't fit with us here on the mainstream. And if you did fit, you'll end up being regulated just like currency, so what's the point? You're the same shit as my cash or cards. Fuck off. -Joe Average
submitted by smoothboi69 to Bitcoin [link] [comments]

Bitcoin ATM in Romania

Does anybody have experience with the ATM's in Bucharest?
https://coinatmradar.com/country/176/bitcoin-atm-romania/
Are the fee's really that low to buy? if so why so cheap in Romania? the other cheapest ATM I found was in Seattle & Vancouver BC at like %3.7
submitted by chillingniples to Bitcoin [link] [comments]

Official Opening of new Bitcoin ATM in Nanaimo,BC,Canada!

Cryptopick Canada is proud to announce that after many months of planning we have opened up our first ever Bitcoin ATM (BTM). It is located at the Thirsty Camel Café in Nanaimo, BC, Canada. The unit itself is the “Satoshi 1” provided by Genesis Coin that provides instant sales of Bitcoin via Canada’s Vault of Satoshi exchange. Our goal at Cryptopick Canada is to provide instant uninterrupted access to Bitcoin to the population of Vancouver Island. We thank the community for all your support, and look forward to continuing to serve you as our network expands. Trevor Laird President Cryptopick Canada www.cryptopickcanada.ca
submitted by cryptopickcanada to Bitcoin [link] [comments]

Are there any economists out there who have explored the possibility of introducing crypto-currencies to a municipality?

Hey guys, so I have a few questions. I come from a small town in northern BC called Quesnel. It's a town of about 24K, but with several lumber mills it is easily one the largest suppliers of timber in North America. However, the town is very reliant on this industry being able to keep the local economy above water and right now, it is not.
Recently we've seen one of the major mills close down, causing several thousands of workers to lose their jobs. Naturally this damages the economy very quickly causing people to move away. Housing prices are the 2nd lowest in Canada right now. For example you can buy a 5 bedroom, 2 bathroom house with a 2 acre yard for under 300K.
Also, the high schools are in dire need of repair (there's only 2) and the town has been waiting for over 20 years from some sort of grant from the government, which would allow them to rebuild these schools, but that does not seem to be anywhere in the foreseeable future.
The twin arenas need some fixing too. It's looking to raise 30 million in order to construct a multi centre which will have a brand new local theatre, hockey arena and auditorium. We've had to sell our local hockey team away and now only have below average beer league hockey to keep us amused. The old arenas are just too outdated and they need a lot of work if we're to get our team back.
This slow death is creating quite a nightmare for the local merchants too. Quesnel is about an hour south of Prince George which has a denser population. It's about 4x bigger than Quesnel. Naturally, PG has much better options for shoppers so consequently, merchants in town are losing out on a ton of business as the locals generally head up north to spend their money, driving even more revenue out of the local economy.
This is where I need your guys help. Now, I'm not a complete idiot with how Bitcoin works. In fact, I am a Bicoin ATM operator here in Vancouver BC, so I know the ins and outs of Bitcoin. However, I am not an economist and would very much like to hear from the pros on how they themselves would approach this.
You guys are a smart bunch. I frequently visit /bitcoin to read all of the new things happening out there in the Bitcoin world, so I know you'll have some fantastic ideas and very excited to hear them all! :)
submitted by Biaxalflip to Bitcoin [link] [comments]

PayIvy.com Acquired by NewNote To Use Coinpayments

VANCOUVER, BC / ACCESSWIRE / May 12, 2015 / Newnote Financial Corp. (CSE:NEU) (NWWTF) (1W4.F) (the "Company"), is pleased to announce the Company has acquired PayIvy.com, a platform for merchants selling digital products and digital downloads such as e-books, software, graphic designs, web designs and intellectual property. Newnote paid CDN $260,000 in cash and stock.
Key Acquisition Highlights:
PayIvy.com is a multi-vendor website enabling merchants to register and start selling digital products and services online within minutes. Merchants can instantly accept credit cards through PayPal as well as accepting various crypto-currencies including Bitcoin, Litecoin and Omnicoin as payment methods via Coinpayments.
Merchants can sell and publish e-books with more options to protect their digital content from online piracy. A licensing system is available for vendors to sell their software with Hardware ID locking to prevent unauthorized software distribution and sharing. Transactions and sales are recorded on-site with a messaging system for all users. A simple fraud system is added for PayPal payments helping sellers to identify fraudulent users and block them from purchasing. Custom fields are also available for sellers to collect data from customers. Other features include an advanced affiliate program for sellers looking to promote their products.
Newnote is pleased to have PayIvy.com co-founders Lode Kennes from Belgium, Ton Manh Nguyen and David Snyder from Calgary, Alberta to continue with PayIvy daily operations and development. Lode is an advanced web developer specializing in PHP, C#, ASP .NET, Java, Python, HTML, CSS, SQL and Visual Basic. David is the lead interface designer at PayIvy.com and active designer of Coinpayments.net.. Ton will continue to work with developers to maintain and maximize revenue potential on PayIvy.com.
Lode Kennes states: "Although we have experienced great growth in the past six months, PayIvy is yet to show its full potential. With the investment from Newnote, PayIvy will be able to serve more sellers with features that no other site can offer."
CEO & President of Newnote, Paul Dickson, reports: "This is a very strategic acquisition for Newnote, each of our services will be integrated into one another utilizing our APIs. Merchants can now setup shopwith PayIvy.com, Accept payments through Coinpayments.net, Convert Bitcoin-to-Cash on Cointrader.net and transfer the funds into their bank account or remit overseas instantly. Newnote’s portfolio of Bitcoin centric assets now has a combined total of over 60,000 active users engaged in various crypto-currency activities while processing nearly $2,000,000 per month in Bitcoin transactions. We haven’t fully monetized each of our services during this rapid growth period, plans to do so are imminent."
PayIvy can be accessed at: http://www.payivy.com
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
Newnote Financial Contact Information
Paul Dickson President, CEO & Director Newnote Financial Corp. CSE: NEU; OTCQB: NWWTF; 1W4.F Suite 709-700 West Pender Street Vancouver, BC V6C 1G8 Phone: 604-229-0480 Fax: 604-685-3833 web: www.newnote.com Bitcoin exchange: www.cointrader.net Online store builder: www.payivy.com Payment processing: www.coinpayments.net
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this press release.
SOURCE: Newnote Financial Corp.
submitted by CoinPayments to Bitcoin [link] [comments]

welcome to r/bitcoinNW - start here

Welcome to this new spot on reddit! This is a friendly place to discuss anything bitcoin related happening in the Northwest (Vancouver BC fits in here too). Keep it informative, entertaining, and enjoy your time on here.
Portland - http://www.meetup.com/Portland-Bitcoin-Group/ Portland meetup group
Seattle - http://www.meetup.com/seabtc/ Seattle meetup group
Vancouver BC - http://www.meetup.com/bitcoinvan/ Vancouver meetup group
PORTLAND: 2 atms (1 at Pioneer Place food court (robocoin), 1 at Gameroom (lamassu)
Consulting services: Ian @ Bit Consultants https://bitconsultants.org/ Mike @ Bitcoin NW http://www.bitcoinnw.com/
Companies operating out of the NW: CoinBeyond (Bellingham) Parkt (Seattle)
submitted by romromyeah to bitcoinNW [link] [comments]

PayIvy.com Acquired by NewNote To Use Coinpayments

VANCOUVER, BC / ACCESSWIRE / May 12, 2015 / Newnote Financial Corp. (CSE:NEU) (NWWTF) (1W4.F) (the "Company"), is pleased to announce the Company has acquired PayIvy.com, a platform for merchants selling digital products and digital downloads such as e-books, software, graphic designs, web designs and intellectual property. Newnote paid CDN $260,000 in cash and stock.
Key Acquisition Highlights:
Revenue Generating Closest competitor Fiverr.com raised $30 million in a Series C round led by Qumra Capital with participation from existing investors Bessemer Venture Partners and Accel Partners in 2014 Over 10,000 Merchants strong growing by over 1000 new merchants weekly PayIvy has shown great growth in its first six months, reaching an Alexa ranking of 73,000 Processing over $200,000 per month in sales while currently experiencing hyper-growth 
PayIvy.com is a multi-vendor website enabling merchants to register and start selling digital products and services online within minutes. Merchants can instantly accept credit cards through PayPal as well as accepting various crypto-currencies including Bitcoin, Litecoin and Omnicoin as payment methods via Coinpayments.
Merchants can sell and publish e-books with more options to protect their digital content from online piracy. A licensing system is available for vendors to sell their software with Hardware ID locking to prevent unauthorized software distribution and sharing. Transactions and sales are recorded on-site with a messaging system for all users. A simple fraud system is added for PayPal payments helping sellers to identify fraudulent users and block them from purchasing. Custom fields are also available for sellers to collect data from customers. Other features include an advanced affiliate program for sellers looking to promote their products.
Newnote is pleased to have PayIvy.com co-founders Lode Kennes from Belgium, Ton Manh Nguyen and David Snyder from Calgary, Alberta to continue with PayIvy daily operations and development. Lode is an advanced web developer specializing in PHP, C#, ASP .NET, Java, Python, HTML, CSS, SQL and Visual Basic. David is the lead interface designer at PayIvy.com and active designer of Coinpayments.net.. Ton will continue to work with developers to maintain and maximize revenue potential on PayIvy.com.
Lode Kennes states: "Although we have experienced great growth in the past six months, PayIvy is yet to show its full potential. With the investment from Newnote, PayIvy will be able to serve more sellers with features that no other site can offer."
CEO & President of Newnote, Paul Dickson, reports: "This is a very strategic acquisition for Newnote, each of our services will be integrated into one another utilizing our APIs. Merchants can now setup shopwith PayIvy.com, Accept payments through Coinpayments.net, Convert Bitcoin-to-Cash on Cointrader.net and transfer the funds into their bank account or remit overseas instantly. Newnote’s portfolio of Bitcoin centric assets now has a combined total of over 60,000 active users engaged in various crypto-currency activities while processing nearly $2,000,000 per month in Bitcoin transactions. We haven’t fully monetized each of our services during this rapid growth period, plans to do so are imminent."
PayIvy can be accessed at: http://www.payivy.com
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
Newnote Financial Contact Information
Paul Dickson President, CEO & Director Newnote Financial Corp. CSE: NEU; OTCQB: NWWTF; 1W4.F Suite 709-700 West Pender Street Vancouver, BC V6C 1G8 Phone: 604-229-0480 Fax: 604-685-3833 web: www.newnote.com Bitcoin exchange: www.cointrader.net Online store builder: www.payivy.com Payment processing: www.coinpayments.net
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this press release.
SOURCE: Newnote Financial Corp.
Site is now under new management. Alex Alexandrov who is a current Coinpayments CEO was asked to oversee the policy changes in Payivy platform TOS in order to get it to industry standards.
submitted by CoinPayments to coinpayments [link] [comments]

BC gets a new BTM thanks to Cryptopick Canada, Officialy open =)

Cryptopick Canada is proud to announce that after many months of planning we have opened up our first ever Bitcoin ATM (BTM). It is located at the Thirsty Camel Café in Nanaimo, BC, Canada. The unit itself is the “Satoshi 1” provided by Genesis Coin that provides instant sales of Bitcoin via Canada’s Vault of Satoshi exchange. Our goal at Cryptopick Canada is to provide instant uninterrupted access to Bitcoin to the population of Vancouver Island. We thank the community for all your support, and look forward to continuing to serve you as our network expands.
Trevor Laird President
Cryptopick Canada www.cryptopickcanada.ca
submitted by cryptopickcanada to BitcoinCA [link] [comments]

Best Passive income for 2019/2020 Bitcoin ATM's HOW TO Video Buying Bitcoins at world's first Bitcoin ATM in Vancouver ... Using the new Bitcoin ATM in Waves Coffee Vancouver World's first ATM for bitcoins opens in Canada Bitcoin ATM now at BCIT

The world’s first bitcoin ATM is helping Vancouver make financial history. The machine, which went into operation Tuesday inside Waves Coffee House at Howe and Smithe streets, converts bitcoins Oak Dollar Plus 3182 Oak St, Vancouver, BC V6H 2L1 Get Directions Supported: Fees: Buy 16% from Bitpay + $4 The world's first Bitcoin ATM has launched in Vancouver this morning. The ATM will let Vancouverites exchange cash for Bitcoins and vice versa. VANCOUVER—As someone involved in Bitcoin for a long time, I say go ahead, Vancouver. Go ahead and ban those Bitcoin ATMs. They are prominent in the public’s eye, but those machines are hardly ... Use British Columbia Bitcoin ATMs by Bitcoin Solutions. We offer the fastest and safest to buy or sell Bitcoin. Your Store HOST AN ATM ... Vancouver, BC V6H 2L1 Get Directions Supported: ...

[index] [24753] [39668] [24029] [27982] [34227] [41004] [30213] [22879] [3765] [3317]

Best Passive income for 2019/2020 Bitcoin ATM's HOW TO Video

Bitcoin ATM - Location: Vancouver, Canada Waves Coffee Shop Robocoin, Inc. (A Nevada based company) - https://robocoinkiosk.com/ World's first Bitcoin ATM us... ATM's have been around for a while now, but this one in a humble coffee shop in Vancouver, Canada can lay claim to being the world's first cash machine for bitcoins. January 2019 - The man helping my kids in this video is Gerald Cotton the Co-founder and CEO of QuadrigaCX one of Canadas first bitcoin exchanges thats still... Make great passive income with bitcoin ATM's turnkey business and easily manage your machine from anywhere 24/7. More explainers videos to come!! www.localbitcoinnow.com. Vancouver Bitcoin Exchange is the only place to buy and sell cryptocurrency in Canada. With better fees than Bitcoin ATMs. View our Canadian reviews online a...

#