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I use 20 paper wallets to keep the amount of BTC low in each wallet and store copies at two separate banks.
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The public needs to know this.
More than *three* people have told me recently they "missed out" on the Bitcoin thing because "Bitcoin is $550 now and too expensive".
Nobody realizes they can buy partial coins.
I realize this has been discussed already but I want a thread front and center on the general forum, so that people researching bitcoin see it and internalize it.
I truly believe if the general public doesn't realize they can buy 0.005 BTC and still make a profit, they wont buy at all, and that is going to adversely affect the success of the market.
Right now is when the general public is thinking of hopping on board.
How can we get the word out?
The exchanges must update their websites as soon as possible to make buying BTC in partial amounts a more obvious thing.
Im going to PM Olaf from Coinbase about this right now... i think its severely important for continued purchases.
I heard the same thing a number of times in real life, then I just give them the analogy of a dollar and how it breaks up into cents. |
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Added Western Union and Moneygram for our friends looking for fast sales of a little bitcoin.
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My worst decision was selling 200 bitcoins a few feeks ago when I found 300 bitcoins. Of course I have been buying them up and building up my bitcoin coffers again.
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It would be fun to find some gas stations or cafes to spend bitcoins at.
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I have a Gold IRA and have no intentions of getting rid of it. Personally I think Gold is safer and Bitcoin is the riskier side of my investing although I LOVE LOVE LOVE bitcoin (at the moment) haha. The key word though is always Diversify!
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I agree there will be another drop sometime before the end of the year, though how high will it go in the mean time is what I am wondering. I may not be able to buy bitcoin at these prices again even with a drop.
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haha funny thread. Definitely was a very conservative estimate. 1k before Christmas maybe?  |
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Thanks for moving this to "Speculation" ... But this isn't a speculation thread. I don't see any speculating going on. I see declaring  I think its to keep the main bitcoin discussion forum from being cluttered with new points. Indirectly a speculation type discussion post. |
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I keep hearing about this. I have only sold through coinbase, but I plan on buying more bitcoin through coinbase this week; makes me hesitant.
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Just wondering since I traditionally sell my skymiles and points using brokers, are there any bitcoin brokers out there purchasing skymiles and reward points paying in bitcoin?
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Updated inventory to reflect recent sales.
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Updated the inventory from a sale.
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Same! Love everything it stands for.
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It could be at 1k tomorrow or in a few hours. No one knows.
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For a cheap, easy way to do a "joint account", just print a paper wallet and cut the private key in two.
Now each one of you just lock guard that 1/2 key, and you have a "joint account".
I think this may be the best method for the OP |
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I have. I think we all should.
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What has been the typical setup on bitcointalk for charity bitcoin addresses? My youngest sister is with a missions group that got to the Philippines prior to the typhoon and is still there. I know them and the whole country could use a lot of help.
You are encouraged to donate via the official websites, since it is too easy for a noob to create a new account and post a bitcoin address for "donations'". I don't think there are "official" ways to donate to victims via bitcoin. Sell your bitcoins and give the cash to the red cross. That's an option for sure if you like the red cross and want to sell bitcoins for fiat donations. |
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What has been the typical setup on bitcointalk for charity bitcoin addresses? My youngest sister is with a missions group that got to the Philippines prior to the typhoon and is still there. I know them and the whole country could use a lot of help.
You are encouraged to donate via the official websites, since it is too easy for a noob to create a new account and post a bitcoin address for "donations'". I don't think there are "official" ways to donate to victims via bitcoin. It is a lofty goal still. I haven't seen any Philippines related Bitcoin charity donation addresses. But I do agree someone trusted in the community should set something like that up and even better if they have a local connection with a group like my sister's who can post photo updates to the threads, stories, etc. Those are my favorite types of donating, to actual mission groups on the ground. Yeah. It may be a lofty goal, but I'm trying to be the first. It ain't no loftier than this: Typhoon Haiyan Relief Fund (.org, et al. registered to raise $1M USD)Domain names purchased: Check. Website in the works: Check. Founded by a trustworthy Bitcoiner: Check. Has donated to the cause: Check. Doesn't have access to a single satoshi: Check. Has a vanity address: Check. 1THRF26KAsDDLh1JyWB5Hbm5mYgN6LwZt Has a Reddit campaign going: Check. Will my neighbor has access to a single satoshi: NO! ~TMI BTCITW This is something small scale. Also, I plan to give out the packages personally. If this does go big, by then will I approach ABS-CBN or GMA7 or any other charities. I understand your small scale on the ground grassroots thing. I have sent bitcoin to my sisters mission group in the philippines, don't know how you can implement such a thing though to accept bitcoin donations. Even with my trust I don't really want to start a thread to share that bitcoin address I use for my donations to their group since I don't know how the community here would react. |
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I think for someone who is definitely new to bitcoin, blockchain has a pretty easy way to about things. You don't need to keep one little bit of bitcoin in your blockchain wallet live, but you can setup paper wallet addresses and easily put them into the system when mobility is needed. I don't really think anyone should keep bitcoins in online wallets unless they have immediate plans for moving. |
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