The world of BitCoins is evolving and there are many great, legit
exchanges and mining sites around. Unfortunately, the more things
change, the more they stay the same. You have to worry about
passwords being stolen, accounts being drained, users being targeted
by the govt. or unscrupulous hackers, etc., etc.
Ive found a way to exchange and store BitCoins that seems to be
damn near ideal. If you humor me and get there via my associate links
Ill get a much-needed bonus in my account:BTCwww.exchangevirtualcurrency.com
and soon to be informational: www.exchangevirtualcurrency.info
What puzzles most, and what people are looking for most, is a way to covert
a few US dollars safely to BitCoins or a way to convert BitCoins back to US
dollars with safety and without hassle. VirWox makes this possible. I dont
understand all the international legal considerations but it is a Austalian
company and the banking is in Austria.
The process is simple if not at all obvious. First, you have to be logged in
to see the menus and charts needed. Then what you want to do is deposit
some money into your account via CC(via netbookers i think) or PayPal (just
a few clicks). Then, you will want to buy Second Life Linden dollars. Then,
you can use your Linden dollars to buy BitCoins.
You get a BitCoin address you can deposit BitCoins into when you set up
your account and click on the BitCoin link. The exchange rate for Linden
dollars never changes much. And you can enter buy/sell limit orders where
you buy or sell if the BitCoin reaches the desired price.
And the markets are not manipulated like they MAY be on certain BitCoin
exchange sites. Your account wont disappear one night when the govt.
decides to crack down. For me, it just seems to be the ideal method
to invest in a few BitCoins.
BUT, the BitCoin world is evolving faster than I get a chance to visit the
internet and do BitCoin research(see www.BitMinter.Com
, a java
based mining client that evens works on port 80 at the library, something
that just wasnt possible not that long ago. So, if anyone knows of anything
REALLY COOL or a possible good use of my domain names, please get in touch: firstname.lastname@example.org
I sincerely hope someone finds this useful and uses my links, because I really
need the money. Seriously, living hand to mouth, and am having a hard time
keeping food and fresh drinking water....