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Question: How did you obtain your first BTC / satoshis?
Mining - 5 (10.9%)
Faucet - 15 (32.6%)
Centralized exchange - 7 (15.2%)
Decentralized exchange - 0 (0%)
Peer-to-peer trade with another person - 4 (8.7%)
Payment for a provided service - 9 (19.6%)
Other (please detail) - 6 (13%)
Total Voters: 46

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Bttzed03
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June 18, 2020, 07:21:03 AM
 #21

I voted for centralized exchange although I think I started out with some faucets too but I was unable to withdraw them so they don't count.

At the time, I only knew of coinsph (a custodial wallet that also allows users to convert fiat to crypto) as the platform to buy bitcoin in our country. Honestly, I didn't even know what a decentralized exchange is when I was a newbie. My first encounter with DEX was etherdelta which we all knew it's limited to ethereum.

To this day, I think CEX remains the first exchange newbies tend to buy bitcoin from. Of course we can argue that a lot of things/developments has happened since then but I believe most newbies still prefer convenience over anything else.

 
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June 18, 2020, 08:12:16 AM
 #22

I voted for the faucet because from the previous times I know already that there is a cryptocurrency existed and gives a good market income to those people who hold this coin but the main problem is I don't have any capability to buy those coins and i does not have a good wallet, by the time goes by I discovered the use of the faucet by that they are giving me a lot of satoshis it is just a daily redeem and roll a wheel and random gift that will give you a satoshi and direct to your coinbase wallet, on that day I realize I need to find a really good wallet and a source where do I need to get satoshi by that I'm not being dependent on faucet and airdrops instead I use this satoshi for a payment to all of my services.

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June 18, 2020, 08:54:02 AM
 #23

When I first got interested in buying Mt Gox was still the prime recommendation as the place to buy.

I knew absolutely nothing about Bitcoin but after five minutes of googling I discovered it's - in Japan so would take weeks to get money there, it's been hacked before, they showed people's passwords in the browser, the CEO sits on a beach ball and looks like a mong, there's zero regulation.

THIS is Bitcoin's premier league operation?

I discarded the idea instantly and went straight to Localbitcoins where a trader took care of me.
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June 18, 2020, 09:07:38 AM
 #24

I can see most answers here are through the faucet, but mine is different since I got mine through peer-to-peer trade. Well, there's no much story behind it but since a friend of mine is the one who introduced bitcoin and cryptocurrency to me, I obtain my first bitcoin through him. He taught me some basic things I need to know about crypto and blockchain and I research it to be more familiarized. Then one day, we had a small conversation and that's when I got my first bitcoin. Though it's not a big amount of BTC since it's my first time. But after gaining much interest and some basic knowledge, I started buying more BTC using coins.ph, after that, I can't clearly remember everything but after a year, now I am here.
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June 18, 2020, 09:54:47 AM
 #25

Majority voted for faucet, and so was I  Grin.

It was back when I saw a thread from facebook regarding deepweb stuff, and I always stumble upon this Bitcoin thing. Dunno if it was sort of coincidence when a friend of mine told me something about the same concern as well, and he encourage me to read more about 'em 'cause his making fortune out of it. And yeah, curiosity bothers me and I search how to earn, and freebitcoi.in that is now a signature campaign here were the most website I came across with. Unfortunately I didn't get a chance to transfer it 'cause I don't even know everything else except bitcoin. Not until, that friend of mine got a spare time to teach me more about this industry.
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June 25, 2020, 02:53:22 PM
 #26

Any other member caring to share about his first satoshis and vote in the poll? Smiley About me I can say that I started somewhere in 2015 with a few faucets and in time I managed to collect 0.1 BTC from them. It took me months, but I managed to earn this nice amount.

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pakhitheboss
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June 25, 2020, 03:25:35 PM
 #27

My first Bitcoin was through Investment and after that through Signature campaigns. Now every week I am getting paid in Bitcoin. The amount is not bad considering the present USD value of Bitcoin. But, who wants to sell it as my goal is to earn Bitcoin and HODL it till it reaches the moon.

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June 25, 2020, 05:03:38 PM
 #28

I received my first satoshis on faucets, it's the best and popular way to earn satoshis / Bitcoin,  after receiving my 6th or 8th payout I moved on to participate in marketing and bounty campaign, you cannot stick yourself to faucets for a long period of time.
You will soon realize that opportunities are everywhere for those who want free coins, there are so many legit airdrops back then, it was the time that every project coming in are legit and good.

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June 25, 2020, 05:39:20 PM
 #29

I got my first experience with Bitcoin back in 2011. I read an article about it and immediately bought a miner equipment but I did not get it work. Then I figured out that there are faucets I've never heard about before and from there I got my first 0.1xxxx Bitcoin (don't remember the exact amount anymore). Later I bought my first Bitcoin on eBay at a price of $32 Cheesy
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June 25, 2020, 05:40:35 PM
 #30

Quite a controversial opinion, but while I'd personally like to stay away from centralized exchanges as much as possible, centralized exchanges have their place in this world. It's simply going to be the first sort of "introduction" of people to bitcoin. I think it would be quite unrealistic to expect the masses to immediately start using non-custodial exchanges such as Bisq unless the person has a Bitcoiner friend to help him/her navigate into this "foreign" industry. People have been spoiled by great UI/UX of modern services such as PayPal/CashApp/Coinbase that it would be difficult for most to suddenly handle private keys and such.

I don't think it's controversial at all, most people are using centralized exchanges, with majority viewing them as a normal thing, and a more experienced minority of bitcoiners viewing them as a necessary evil. And not all exchanges are equal, there are some smaller or local ones that don't have KYC, at least for people who deal with small amounts, and they are generally more pro-customer, with good support and user experienced.
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June 25, 2020, 07:15:59 PM
 #31

I chose the option of 'payment for a provided service,' I hope that option covers signature campaigns? Because that's how i received my first bitcoin. Users who earned their first satoshi/btc through faucets are leading in this poll, but I've never done faucets, i think the reason is, by the time i started nurturing my interest in bitcoin (2018) faucets and also airdrop were no longer as profitable as they used to be. Will I be correct to say "most users who earned their first btc/satoshi through faucets prolly heard of bitcoin before 2018"?
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June 25, 2020, 07:16:41 PM
 #32

Well, if you consider the satoshi that you'll received faucet but still in the wallet on the site of the faucet then my answer is from faucet but if not then the first I obtain a btc/satoshi is from signature campaign. Before I know bitcointalk forum I only know freebitco.in which is my friend introduced.
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June 25, 2020, 07:21:04 PM
 #33

Mine was Peer-to-peer trade with another person it was introduced to me the first time and I was so curious that I don't know how it really work so I bought $10 worth of Bitcoin back 6 years ago, I find it so unique because there is no third party involve in the trade a real online peer to peer.

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June 25, 2020, 09:58:48 PM
 #34

I bought mine on a centralized exchange but it wasn't a lot. I joined the forum and begun to get paid in bitcoin, take part in giveaways, claim airdrops.
That first purchase though was on an exchange because I had no BTC and wanted to start trading.

I admit that I didn't even know that holding coins on an exchange makes you vulnerable. When I came to the space I thought exchanges are more like banks or paypal and believed them to be safe.
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June 26, 2020, 01:19:10 PM
 #35

mid 2011. mined my 1st coin with an ATI HD4850 as a test and sent to my core (qt at the time?) wallet. it worked, obviously.
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July 07, 2020, 01:00:04 PM
 #36

Thank you all to those who expressed their opinions so far. For all the others: there are still 10 days remaining until the poll will be closed. Feel free to answer the poll until July 17th, 2020. Let's see more opinions about how you obtained your first BTC / satoshis!

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July 08, 2020, 07:51:57 PM
 #37

I was able to get my first currency through one of the signature campaigns that were present in a games forum, and my first profit from this forum was $ 25 and I was very happy at the time.
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July 10, 2020, 11:56:21 PM
Merited by vapourminer (1)
 #38

My friend told me about BTC in 2016. I was working and living abroad in Ireland and I was blessed to be able to work from home for Apple. So I had a lot of time to spare.

I didn't react, because I had no knowledge about it prior so I brushed it of. Few months later I was laying in bed with fever for Christmas and could barely get up, so I started reading about BTC and crypto in general.

This turned into a hyperfocus rabbit hole and I was spending my days sleeping and reading about BTC and crypto in general like a madman and my reality turned into being a crypto spoonge.

After a week I was a bit better so I discovered mining and was obsessed trying to understand how it works and since I didn't really understand a lot I decided to try to mine some BTC. After less then a day I learned that I can't mine BTC on my laptop Sad

I started to look for alternative so I can at least see how mining works so friend told me to try to mine ETH. I didn't know much about it, but I followed some people, ended in XVG community lol, learned about XVG and started mining XVG. My ASUS was burning with 80 degrees, I wasn't really mining anything significant, but hey I was looking at numbers, processes, my dear poor Asus temps and it was very exciting.

While I was mining for 5-6 days non-stop and learning the process I managed to mine some XVG and learn tons of new information , but got scared that I will ruin my Asus so with sadness in my young crypto soul, I stopped mining operations and my Asus cried with tears of joy  Grin

After my month long madness I was sober again and I knew I can only buy BTC, only way to get it. At that moment my friend ask me would I be willing to moderate Telegram for some crypto project, they pay in BTC.

I didn't know what Telegram was, but since I was working as tech support I immediately accepted, jumped in and rest is history.

I'm still working from home, but not for Apple anymore, I work for myself with few of my friends Cheesy
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July 11, 2020, 03:44:23 AM
 #39

I was able to get my first currency through one of the signature campaign <...>
Same here, dude! I also earned my first btc/satoshi in a signature campaign. And as far as I remember, that was just last year. Though I don't receive huge amount weekly, my almost 10 months of participating there allowed me to earn ample amount of money which I was able to use to help my partner in his financial needs during his review for his licensure exam.

And at the moment, I continue to earn btc/sats from a sig campaign as well. I'm just glad this has helped me a lot in some of my financial needs.

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July 11, 2020, 05:26:58 AM
 #40

My first bitcoin earned was through faucet. It may be small but thats how I got it. Im using our country's leading wallet for bitcoin to receive it. At that time I barely knew anythinf about forum, then my friend told me about this forum that I can earn through airdrop. Then I ask what this airdrop means and thats all started then follow up by bounty campaigns etc. I know my first landing here is through giveaway and I didnt see the forum as useful as now.

But like everyone's realization Ive changed and see it as a discussion place for learning now. The earnings are just perks of it. I still laugh when I realized how earning BTC is so hard for me through faucet. Anyway since there is an option for that, my votes goes to that.

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