Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by segmondy on Monday June 19, 2017 @08:09PM
(#14591337)
Unlike stocks which are regulated and you are not suppose to promote if you already own some. There is no such thing for crypto currency. I always view every article promoting digital currency like a pump and dump scheme.
[ Parent
| on HN ]
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by curiousgal on Monday June 19, 2017 @08:13PM
(#14591353)
As a third world citizen, Bitocin is godsent to me, never have I been able to purchase stuff online and pay for books and services like a normal 21st century human being. the feeling of being connected in that way to the rest of the world is priceless and I owe it all to Bitcoin.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by roymurdock on Monday June 19, 2017 @08:18PM
(#14591371)
Does the fluctuating value change how you spend or keep your Bitcoin at all? Do you convert and cash out quickly after every transaction? Haven't come across many on HN who actually use Bitcoin as tokens of exchange.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by curiousgal on Monday June 19, 2017 @09:25PM
(#14591603)
It does! I tend to use Bitcoin directly when its value is high but I use USD when the value is low, I know it might seem counter-intuitive but that way I get to save on Bitcoin whose value has been increasing. For Bitoin to USD I use online banks like Neteller or AdvCash.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by skybrian on Monday June 19, 2017 @08:15PM
(#14591361)
What bookstores do you buy from that accept bitcoin?
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by diego on Monday June 19, 2017 @08:17PM
(#14591367)
You can buy gift cards for lots of major retailers with bitcoin. You can even buy from amazon via purse.io.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by ufo on Monday June 19, 2017 @08:32PM
(#14591427)
Everything I have ever read about purse.io indicates that the gift cards there are purchased with stolen credit card details.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by gnodar on Monday June 19, 2017 @08:22PM
(#14591382)
A lot of people use cash to buy giftcards, in order to pay for bitcoin anonymously. So now it's cash -> giftcard -> bitcoin -> giftcard -> physical thing. The future is odd.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by Analemma_ on Monday June 19, 2017 @08:31PM
(#14591419)
purse.io is a money laundering operation for stolen credit card numbers. If it hasn't been shut down yet and its operators arrested, it will be soon.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by curiousgal on Monday June 19, 2017 @09:26PM
(#14591604)
I haven't come across any so far. I convert BTC to USD and use that.
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by skybrian on Tuesday June 20, 2017 @01:27AM
(#14592394)
Okay. I'm curious about how you use BTC and why it means so much to you?
Re:Move Over, Bitcoin. Ether Is the Digital Currency of the ...
by curiousgal on Tuesday June 20, 2017 @07:45AM
(#14593765)
It means so much to me because I live in a country with no Paypal or easy access to credit cards that can be used online. Bitcoin is the only way I can pay for servers and books.