Wednesday, May 16, 2018

Start with bitcoin transactions

Since the early stage of the bitcoin technology i had been engage with bitcoin, i already treat bitcoin as money just like US dollars. Since i was involve in PTC or paid to click ventures it was not difficult to be involve with bitcoin though its not that big enough to earn since the value of bitcoin was also small that year 2012 - 2013.

In our earlier articles i said that when you already have the basic requirements for engaging with bitcoin then you are ready for the transaction. Its not that hard , if you have the wallet with your bitcoin address and/or the crypto or wallet addresses then your as well ready for other coins which we called crypto ( dogecoin, ethereum, litecoin, cardano, steem and others) 

Bitcoins goal is for it to be adopted by people in any country, it is a new technology and i do think it will be a substitute system for a new financial, social , economic and probably politically.  It is not a new task, its a long and ongoing task. There is a historical reason why bitcoin would be a substitute for a financial system.  That will be a new article to discuss. 

Now i would like to share first the easiest way to get bitcoin or other cryptos since we have already a bitcoin wallet and an address. 

The only easy way to get or earn bitcoins from any site is purchasing bitcoins. In having bitcoins or other crypto coins you can use this for any transaction. When we mean transactions like purchasing products and services, purchasing to use the bitcoin or other cryptos for investing, selling of bitcoins or other services which you have chosen. 

The easiest way to have bitcoin is purchase a bitcoin, there are a lot of sites that offers selling of bitcoins or other cryptos;

Visit this site ; 

    https://bitcoin.com - is a site where bitcoin.cash a crypto 
which was a result of some problems with the original bitcoin, it is now offering a lesser cost for transaction fees, a free wallet and also it sells bitcoincash as well as bitcoin (which they call bitcoin core) 


    http://BitGold.com/r/rjgsIi  -another source of bitcoin which is also a crypto from the original bitcoin core. 

     https://coinbase.com - it buys and sells crypto currencies you have to undergo identification process before using the site.  

     https://coinmama.com - a financial service that makes it fast, safe and fun to buy digital currency, anywhere in the world. We believe that the future of money is one where we, the people, are in control of our own economy. A future where there’s no place for middle-men, hidden fees and fine print.

     https://localbitcoins.com/ - this is a site that is located 
locally where you purchase bitcoins directly from a person, the site make it sure that transactions are legit. 

     https://paxful.com/roots/buy-bitcoin/index?affiliate=WDZdGXwvY7M -  site determines if your authentic before doing the transactions.  Site is open to different ways to pay your cryptos.

     https://xapo.com - can buy bitcoins but had to undergo identification process for your coin and personal protection

     https://mybtc.ca - the latest site that i had been using in purchasing of my bitcoins. Puchasing of bitcoins is fast and easy , you have to choose if you want an e-transfer , interac-online or using the flexpin ( a traders voucher). Since its in Canada i used the e-transfer but also had to purchase first flexpin since an  interac-online is not possible. I have learned that interac online is a direct transfer of money to a trader and its not acceptable to a visa card. And also bitcoin transactions is not accepted by banks it is a competitor because having a bitcoin is just like having your own bank.

With the volatility of the bitcoin as well as cryptos having a stack bitcoin or cryptos is already an investment. Imaging if you have a bitcoin of $100 way back and now its $9000, how much it is worth now its $900,000.00 , so stacking of bitcoin and cryptos is already a lot of investment today and the future. 

There are a lot of sites that offers bitcoin , its all over the internet you have to study which is fast, easy , low cost and accepted by the site bitcoin will be sent. 

View these video on how i purchased my bitcoin from mybtc.ca ;