Bitcoin Linden Dollar Exchange Rate - If you put ,000 in ...

Using VirWoX to convert Lindens into Bitcoins.

Using VirWoX to convert Lindens into Bitcoins. submitted by RoblemSL to secondlife [link] [comments]

Some things you may not know about BCH

  1. You (anyone) can open a web-wallet quite easily to get started: https://tsbw.io/bcc/ is open-source, or https://coin.space/?network=bitcoincash - in case you don't have a smartphone app like Jaxx or Coinomi these are temporary wallets just to get you started.
  2. You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipp tippr or similar bots.
  3. Anyone can also earn bch right now too on http://yours.org by posting updates that people might find interesting and/or useful. This is an amazing thing, and makes me think a lot of other platforms for earning are coming soon.
  4. You can buy gift-cards using bch on https://cryptonize.it/product/amazon-gift-card/ - if amazn ships to you this means you can buy foods and stuff to live off of (rice/beans/soylent?etc). Disclaimer: I do not work and am not associated with any of these projects. This one it seems they're getting a lot of orders so they're still working out the kinks. (https://cryptonize.it/about/). This seems like a huge business opportunity to try and work around the stranglehold that visa and mastercard have on payments. - edit: I just realized (if they're in stock) you can buy other types of giftcards (instead of or including amzn) and sell them for cash on many card-to-cash websites, and sometimes even local kiosks.
  5. Depending on where you are in the world some places, for example https://www.southxchange.com/ claim you can sell bch for fiat (if you really have to). YMMV and I have not done this. Remember, some banks hate crypto since it challenges them. If you're thinking of doing bank transfers to fiat from exchanges be careful - the bank may shut down your account! They may also cut-off links between exchanges at any time.
  6. Some places like BitPay offer crypto 'debit cards' where you can fill up with btc (not yet bch?) and then spend it like you're used to anywhere visa is accepted, but don't expect these to be around forever because they rely on visa partnerships, so don't expect them to always keep fees low either.
  7. If you don't like using Coinbase or other privacy-invasive services your options for converting bch to fiat are increasingly slim. You can try any number of exchanges that offer bch/fiat but keep in mind that security, sharing bank account info and ID info can be a big risk and sometimes the fees are huge, alternatives might include virtual exchanges such as http://virwox.com but the process goes something like BCH -> litecoin LTC -> to linden (exchange may not be cheap) -> to fiat to then withdraw fiat to skrill or paypal - fees might be steep there too and paypal hasn't been too friendly with this idea. But if you're thinking of going this route you can use Shapeshift to convert bch to ltc through coinomi.
  8. The more places that offer ways to spend bch, the more local need for putting it back into fiat is not required. However, it is a catch-22 to expect merchants to be able to buy stock from others who are not using crypto yet and start accepting bch. Most people don't understand blockchain and with it crypto so if you're planning on asking your local shopkeeper to accept bitcoin you better have a way to make it clear to them the many advantages but also how they can use their own bch to buy produce/materials to keep the business running. (Maybe via #4). This (in my opinion) is the greatest barrier to wider bch adoption.
submitted by writingabout to btc [link] [comments]

Reliability of using Virwox to buy bitcoin

One method to buy bitcoin with fiat is first to buy Second Life Linden (SLL) with Paypal, and then to use the Virwox exchange to convert the SLL to bitcoin. Some people say that they have used this method several times with no problems, but others are furious that Virwox scammed them out of their money when they tried to withdraw their bitcoins in the final step. (Have a look at these reviews of the service; they are mostly bad.)
I have some questions about this:
I would probably use this service to buy BTC if it didn't have so many extremely negative reviews. This process can also be used in reverse to convert BTC to SLL, and then to convert SLL to Paypal, and in contrast, that seems to be reliable.
If anyone has any insight into these matters, I'm very interested to hear it.
submitted by nicole_amm to Bitcoin [link] [comments]

A guide to using Silk Road, specifically for /r/UKtrees

Hey all, I’ve seen a few posts on here asking about using Silk Road to purchase trees. I’m not an expert, but I have used it successfully a few times now, so I figured I’d write a guide to help anyone out.
1. Getting on Silk Road.
Silk Road exists on what is commonly referred to as the ‘Hidden internet’, or ‘Deep Web’; Websites on the hidden internet are not indexed and thus not accessible by regular search engines or DNS lookups. You can do more research on this if you want - to be perfectly honest, I don’t understand it entirely - but you don’t need to.
To access Silk Road and the rest of the Hidden Internet, you need to download a piece of Software, called Tor. This software allows you access hidden websites via a regular browser window. Just head to Tor’s Website and click the download. Once the files are downloaded, unzip and click Start Tor.
To head to Silk Road, enter the following address silkroadvb5piz3r.onion
You’ll need to make an account, this is pretty straight forward. (Make sure you remember your pin. You don’t need it when logging in, but you do need it when confirming transactions. Also, your pin doesn’t actually have to be a ‘pin’, mine is just another regular password)
Note: Due to the nature of the Onion network/service, it’s quite slow. And a busy site like Silk Road can be even slower. So, it may be that you have trouble connecting. If it doesn’t work, hit refresh a couple of times, and then just try again later. I usually have better luck in the morning 9pm-12pm and late evening 10pm-4am
2. Bitcoin.
Bitcoin is a decentralised peer 2 peer based currency. Essentially, it’s an untraceable and anonymous currency. Purchasing Bitcoin can be a little tricky, there are a number of ways to do it.
There are exchanges such as MTgox and Intersango, and many direct Bitcoin purchasing sites such as Bitstamp, and BitInstant. The problem with many of these sites is they operate outside of the UK, and as such getting money into them can be tricky. They tend not to accept debit credit cards, and often require bank transfers via IBAN. However, banks will often charge you a fee for using IBAN (I know Natwest charges £10).
These websites will allow you to deposit money into your account, and then place orders to convert that money into Bitcoin.
Other easier websites are Virwox, and Block Chain.
With Virwox, you first need to convert currency into Linden Dollars (SLL) (a currency used in the game Second Life) then into Bitcoins. However, Virwox does not allow for fractions of bitcoins, which means you can easily end up being just shy of a full bitcoin and having ‘worthless’ SLL. One nice thing about Virwox is that they accept UKash vouchers. So if you want no trace of your purchases, you can go buy UKash vouchers at any Paypoint and then deposit those.
Block Chain used to only be depositable via Barclay’s Pingit, but has since opened up regular bank transfers, I found this worked really well the last time I used it, so I’d recommend it.
You can also buy bitcoins in person by searching on Local bitcoin. In addition, there are also people selling Bitcoins on Ebay, but very overpriced, so I wouldn’t recommend that.
There are a tonne of places to buy bitcoin, some accept cash/cheques in the mail as well. You can always find more by googling.
3. The purchasing process.
You need to send your purchased Bitcoins to your SR account, you can find your bitcoin address under ‘Account’ at the top of the screen. It can take a few hours for the transfer to take place.
Once in your account, you’re ready to purchase, simply find whatever it is you wish to buy, click add to cart, and then head to the checkout. Select a postage method for your items and click go to confirm the postage.
Now, you need to input your address and your pin.
Now, you might have heard of PGP encryption by this point, it’s a form of public/private key encryption used on SR to protect the addresses of its users.
For this, I’m just going to steal mr_kyitty’s guide from this thread.
  1. Get gpg4win, install, and open 'GPA'
  2. Now you need to make your own key. Go to Keys>New Key, and follow the prompts. Use a fake name/e-mail. Before entering a passcode, write it out (the longer the passcode, the better, and you have to enter it every time you encrypt something). Once that's done, you have your own key.
  3. Import the seller key from the seller page. To do this, copy the public key from the page, paste it into a blank notepad file, and save the file. Then click 'Import' in GPA and load that file. You now have that seller's public key.
  4. To encrypt your address, open the clipboard in GPA and type in your address. Click encrypt, select the seller's public key, and in the lower box, check "sign" and select your own key. Then you will be prompted to enter your passcode. Once complete, copy the block from the clipboard and paste it into the address box on the shopping cart page.
I’d like to add, that you don’t need to ‘sign’ the encryption. What this does is allows the seller to verify that you are the actual sender of the message. However, I’d argue this isn’t entirely necessary, as it will also require you to post your public key somewhere.
Click to confirm the transaction, and that’s the order placed.
It will now show up under your ‘orders’ section. You’ll notice an option to ‘finalize’.
Silk Road uses escrow, i.e. they hold your money when you place an order, and when the order is confirmed to have gone through (after x days) the money will be sent to the vendor. You can Finalise early, by clicking the finalise button and sending them their payment. It’s common courtesy to do this once your item has arrived. If an issue arises, you can click resolve, and attempt to claim a refund/resolve the issue. I don’t have any experience with this so I’d recommend you search /silkroad for advice if you need assistance on resolving a matter.
Some vendors might ask you to finalise early before they will send your order. Now, this is actually against Silk Road policy, but its common for vendors to ask for this from first time buyers. Personally, I would say just don’t do it. You never know what’s going to happen. But generally speaking, a vendor's reputation is probably worth more than your particular order, so the risk of being 'ripped off' is low.
Still, I wouldn't recommend it.
4. Additional Comments
Do I recommend it for weed?
I started using SR Last year after I moved back home from Uni, because I no longer had a dealer. Personally, if I had a choice, I would choose to buy from a dealer every time. SR is a lot of hassle, so I wouldn’t recommend it for your general Eighth or quarter, unless you have no other connection (as is unfortunately the situation for me).
However, there are a variety of strains and products available, ranging from hashes to oils to edibles, so some of you might like to have those options.
In terms of price, I’d say it’s fair. A lot of Weed vendors will have a standard strain that they’ll sell for a (roughly) standard £20/eighth. You will generally be spending a little more given the nature of the process.
Is it risky?
In terms of general legal risk, you can't control what people send to you. If there's no record of you having bought it (Which there isn't, buying bitcoins is not a crime) then you should be fine. In terms of 'Will I get scammed risk' - it's just like ebay, people value their reputation. Buy from high repped vendors, and you should be fine.
Anyway, that’s all folks, I hope you’ve found this helpful. If you have any questions, leave a comment, and I’ll do my best to help you out.
Also, if any other more experienced SR users have noticed any mistakes or things I should alter in this guide, please leave a comment and let me know, and I’ll make the necessary amendments.
And here are some other great subreddits which you may also find useful.
/SilkRoad - For everything Silk Road. /Bitcoin - For everything Bitcoin. /onions - For everything hidden internet.
submitted by Rosetti to uktrees [link] [comments]

Outside Looking In - Inviting discussion about the practically of Bitcoin as a legitimate currency in it's current state

Please note that this is from the opinion of an outsider to the community looking in. I only recently started following bitcoin trends and only yesterday while the market was panicking tried to purchase Bitcoins to take advantage of said panic.
The barriers to entry and hoops I had to jump through were insane. Maybe it's because I'm Canadian? Eventually after hours of trying I managed to deposit $100 (when i wanted to invest MUCH more) onto VirWox which was the only decent exchange that I could find that I could deposit money onto with little delay. Because of the nature of VirWox primarily being a Second Life exchange I then had to get hit with exchange twice as I converted first to Linden$ and then to Bitcoin.
I originally had been following the popular marketplace BTC-E but I could find literally no option to deposit that didn't require a waiting period of up to a week over bank transfer. They have many options to deposit instantly using 3rd party payment processors... which were all inaccessible to me as a Canadian (rejected my CC for not being in the same country as my cell #??? which it was???). And all these options come with exorbitant percentage based fees.
All I'm saying is as an outsider, this was my first experience with Bitcoin and it was frustrating. I'm not new to moving money around electronically, I've played online poker since 2006 and have been familiar with so many payment processors over that period.
What do you say to someone like me to convince me. Who is likely more adept to using the relevant technology than most of the population --- yet still encounters these barriers to access something that is reaching to attain widespread acceptance as a legitimate currency?
submitted by justmikethen to Bitcoin [link] [comments]

How to Convert Bitcoins to Your PayPal Account

After the previous post about buying Bitcoins with Paypal I noticed that people are also looking to sell Bitcoins with Paypal.
(Oddly enough) This is done almost the same way, and yes there are transaction fees you need to take into account in this process. If you want a video explanation you can find it here Here is how it's done:
submitted by ofirbeigel to Bitcoin [link] [comments]

HOW do I get bitcoins?

There are many ways to get some bitcoins.
You can get some with mining but for being honest this ways is actually more expensive than buying some.
I had good expierence with Virwox (www.virwox.com). There you can buy Bitcoins with Paypal. They take a - in my opinion huge - provision but its the easiest way to get bitcoins within hours. First you have to buy some Linden-Dollars there but then you can convert them to Bitcoins. The fee in sum is about 10 % I think but its fast. Be careful because when you buy bitcoins there with your creditcard or with paypal or other payment methods you are NOT anonymous. So you have to tumble your coins, ie. with bitcoinfog (www.bitcoinfog.com or http://foggeddriztrcar2.onion/). You can also send your bitcoins to different wallet addresses to tumble them but they do it for you for a small fee.
Be warned. Bitcoins are not 100% anonymous!!!
Other ways to get some Bitcoins? Buy them on marketplaces like localbitcoins.com - there you can also buy bitcoins from people near to your area by cash for example.
Use ebay! There you can buy also Bitcoins but they are not cheap!!!
and so on!
You like my tutorial? Register here for Agora: http://agorahooawayyfoe.onion/registeev7yTopdlU
or donate: 16uMbEbDz2iDNjVxZmagYU7ZG1SaAsB81h
submitted by rkkp8990 to AgoraMarketOfficial [link] [comments]

1,871 Linden Dollars From VirWoX For The Month Of June 2016 Second Life Linden Dollars ★ Got 2,204 Linden Dollars From VirWoX Logging into Virwox from the Gay Nations Grid VirWox Money Buy Open Metaverse Currency ★ From VirWoX, Virtual World Exchange

I executed a trade at an exchange rate of about 49,000 Linden dollars for 1 bitcoin. VirWoX took a commission of L$50 plus 2.9% of the transaction. After a nearly instantaneous trade, I was the ... VirWox charges 50 Linden Dollars (about $0.20) plus 2.9% for bitcoin/Linden Dollar (BTC/SLL) market orders. The fee for limit orders depends on volume but generally varies between 0.78% and 3.9%. Our VirWox review will elaborate on one of the most peculiar blends on the cryptocurrency market; a niche service dedicated to virtual reality currencies, yet able to utilize PayPal to obtain Bitcoin definitely merits our (and your) attention. What sets VirWox apart is their unique business model. Nobody on the market provides the exact same scope of services as them, giving them a monopoly in ... Since venturing into Bitcoin in 2011, VirWox has become a popular method for buying Bitcoin through PayPal. Technically, the platform only supports the exchange of Bitcoin for Linden Dollars, which is the virtual currency used in the online virtual world Second Life. You can get around this by first purchasing Linden Dollars and then using them ... Linden Dollars Vs Bitcoin Ethereum Block Building Takes Too Long. For example, when the Chinese government barred financial entities from processing bitcoin transactions in late 2013, the price of bitcoin dropped hundreds of dollars within a few days.Diese wiederum können dann bitcoin linden dollar exchange rate in Bitcoins getauscht werden oder auch die Kryptowährungen untereinander.Bitcoin ...

[index] [12752] [37298] [34859] [5026] [23705] [47737] [31129] [16944] [9887] [44357]

1,871 Linden Dollars From VirWoX For The Month Of June 2016

VirWoX April 2015 Linden Dollar Earnings, if you want to know how much Linden Dollars I earned in VirWoX for April 2015 then watch this video. (Join VirWoX H... Please use the following Links for Registration Virwox - https://www.virwox.com?r=1a4225 Localbitcoins - https://localbitcoins.com/?ch=fh53 This tutorial cov... Buy Open Metaverse Currency from VirWoX, a Virtual World Exchange for many years and has served thousands of Avatars both in Second Life and other Grids. (Ch... Bitcoin 101: How To Use Virwox to Buy Bitcoins With Paypal In The USA! - Duration: 8:13. ... Getting and Spending Linden Dollars - Duration: 2:05. Second Life Recommended for you. 2:05 . 10 Future ... The Virwox Process is a bit long, but as of now, it is the only "automatic" way to buy bitcoins with paypal online that i know of. 1) Register with Virwox 2) Go through the verification process

#