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Did you know that currently, such a large number of individuals are purchasing and using Bitcoin that the system is really encountering surprising delays? It’s hard to believe, but it’s true – bitcoin is so prominent with individuals rushing from all areas of life because digital cash brings a massively wide spectrum when compared with all other payment arrangements.

With mass adoption comes a storm of queries, most prominent one being “where to buy Bitcoin” on wiki sites.

Here we have discussed the top three Bitcoin exchanges to buy bitcoins from:

Kraken.com:

Kraken is turning into a reputed bitcoin exchange, with many markets served. Europeans cherish it just as much as Americans since they function admirably through SEPA, have a simple confirmation process, and are extremely knowledgeable when it comes to cryptography and security. Since the start of 2017, Kraken has been re-positioning themselves as a crypto exchange by including different new altcoins.

Bisq:

Bisq (otherwise known as “Bitsquare”) isn’t to be missed for the more technically progressed. A decentralized p2p stage that keeps you super protected. More than 60 digital currencies can be exchanged and you can even buy BTC utilizing a bank exchange, escrow, and trusted outsiders.

GDAX.Com:

GDAX is incredible for specialized merchants and offers great liquidity. Deposits are in USD and can be processed just as quickly as withdrawals. It likewise happens to be the best Ethereum trade for genuine players in this space.

So these are the best bitcoin exchanges in our opinion. Next time, hopefully, you won’t have to ask where to buy bitcoins because now you know the best places to buy it.

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One thought on “Where To Buy Bitcoin

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Bitcoin Launch futures dragged down prices, Fed paper shows

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Bitcoins

A decentralized cryptocurrency- bitcoin is the most liquid form of currency in the digital world today. Stored in digital wallets existing in clouds, this facilitates the transfer of value without intermediation from banks or central authorities.

Bitcoin future

Validations performed by miners in a group of transactions are awarded coins. The follow a set of cryptographic rules which keeps the system balanced and stable. These transactions are verified in the digital public ledger, blockchains. How to get Bitcoins? To obtain these coins you can either exchange it in monetary value, get transferred or by performing Bitcoin mining. It can be bought or sold for fiat currency. It can also be invested in trading too.

These coins are being accepted for the means of transactions. There are a growing number of retailers who have currently started accepting bitcoins. The commercial usage and recognition are expanding swiftly day by day.

Bitcoin Futures

BTC is the U.S cash settled cash contract based on the reference rates. BRR are the reference rates settled once in a day against US Dollar price of single bitcoin. This rate aggregates the trade flow of calculated window in an hour trading in spot exchanges into the 1 Bitcoin to US dollar price.

A single BTC contract has a value of 5x the value of BRR Index. It is quoted in the amount of US dollar per 1 bitcoin($/Bitcoin). These tick movements are monitored and have a value of $US 25 per BTC feature tick movement.

The minimum quantity threshold of five contracts. BTC Futures expires every last Friday of every month. It follows a quarterly cycle every year in the nearest two months. And the next two months following will not be in the quarterly cycle. For example, if the active contract months are March and December, then January and February will be the nearest two active non-quarterly months. As the December contract expires, the June contract becomes active. And as the January contract expires, the April contract becomes active. This process continues throughout each year.

BTC Futures provides investors with transparency, price discovery and risk management capabilities. Bitcoin is quite a lot big portion of growing digital asset market. This contract allows participants to allow access to Bitcoin market and hedge any direct exposure to Bitcoin pricing.

The Downfall

After climbing the highest peak of its life of nearly up to $20,000, the sudden downfall of the currency is not seen as a complete coincidence. According to the researchers, the Feds at most, this sudden peak and rapid fall is tied directly to the launch of the futures market. But many believe that this trading behavior accompanies the futures markets’ introduction commonly. Trading has been thin from the week prior to the opening of this futures market. The gradual fall is undoubtedly a result of lack of attention or willingness entering the first week of trading.

This digital asset, cryptocurrencies are considered as one of the biggest opportunities of our generation. This currency can be easily and profoundly used for international remittance. The salient feature that it eliminates the middleman in any transaction in financial services has managed to grasp the interest of a lot of companies now.

But how is Bitcoin taking its biggest fall? According to another perspective, this digital currency is worth only as much as anybody else (coin holders) is willing to pay for it. Can the investors and holders trust these bounces? Being so volatile, moving too much too fast makes Bitcoin very unpredictable. The optimists meanwhile are ready to fuel the blockchains with the cryptocurrency. They are not ready to guard down the expectations and faith on this open software anytime soon.

Applications approving the usage of bitcoin exchange and the gradual increase in the practice day by day proves its increasing importance and value in the market. It cannot be denied. But do the billionaires bashing on bitcoin makes it a better thing to buy?

The future of the bitcoin is as volatile and unpredictable as its peak has been. But the future value and prices of the currencies largely also depends on the recognition and investment of any of financial institutions in the currency. And only if they more willing to accept bitcoin as their means of payment and encourage its usage.

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Simple method to transfer Bitcoin to PayPal – Payticoins

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Peer to peer

Being the most popular decentralized cryptocurrency, bitcoin is an online version of cash. This independent, peer to peer version of money is not directly connected to ready money. You can not buy it at ease. You will have to use different online exchange sites to transfer or convert your cryptocurrency to fiat currency.

Pay pal has been the biggest ally for bitcoin for quite some time. It allows you to easily and quickly convert your bitcoin amount to fiat currency- USD or any local currency you wish for.

But not all of these sites are safe and convenient to work at. These cryptocurrencies- bitcoin is decentralized. Means, they can not be traced. The biggest con of this feature is that it can create a lot of fraud and scam during the transfer. The risk is pretty much very high. Buyers can complain that they didn’t receive the bitcoin in the transaction. And the seller will not be able to prove his verdict that the transaction was performed. In result, he will have to refund or reperform the already done transaction. The transaction fee of these is comparatively higher too.

How do I send my bitcoins to pay pal?

Payticoins.com provides a secure, easy and free transaction of these cryptocurrencies. Bitcoin being abstract, they believe in reducing the gap between these currencies and the users- you!

They want to revolutionize the way in these crypto coin exchanges are being done around in lots of companies. So, in order to provide secure yet anonymous transactions, PaytiCoins.com aims to aid this revolution of crypto coins in the world today.

Why PaytiCoins Exchange?

Though there are a number of platforms supporting the transaction today. The choices and compromises lay side by side for you to choose from. But why choose Payticoins? So, here are some of the whys:

  • A large number of companies and operators is maintained, for you to choose for the exchange.
  • With exchange time as low as 1 minute to 5 minutes.
  • Making sure there are low commission rates, varies depending on the company you perform the exchange with.
  • 10% referral value to the clients in their referral link through our referral system.

Paypal to Bitcoin- Step by Step

For the transaction, there are few easy and remarkably effortless steps you will need to follow.

  • Open the page to PaytiCoins.com from your browser.

It will not require you to make any account requiring any of your personal information. Supporting the protocol behind the digital currencies, we give you the opportunity to carry out exchange by just providing your valid email address. That email will be confirmed for the validity first and a unique wallet will be created in your desired currency. Later, after the transaction, a confirmation on your provided email will be sent.

You will directly jump to the page where it will require you to add the cryptocurrency type and amount.

  • Send from, choose – cryptocurrency (Bitcoin)
  • Transfer to – Pay Pal

It will then require you to set the amount you need to convert.

  • Enter the number of Bitcoins you need to convert in the fiat currency
  • Then hit- Continue Exchange

This will then show you the Receive Amount in the relevant currency you choose to get transferred to.

The two most important and vital things we will require from you will be your PayPal account address and your email address. These addresses will be verified before the transactions will be performed. And later after the transaction, a verification email will be sent to the address too.

  • Pay Pal Account
  • Email address
  • Hit- Become Exchange

The system will then generate you a secured QR code. It will show you the processing and the number of BTC that are being transferred. This will also display the bitcoin address of the user.

It will require you not to shut down the window until the status prevails as ‘Awaiting Payment’ and is not identified. It will require a couple of minutes until you receive the stated amount in your transfer.

You can always counter check the transaction by scrutinizing your Bitcoin account and verifying email sent to your address of the transaction. The bitcoins sent will be shown in the ‘minus’ with the same amount you chose.

Now you can simply enjoy your transacted amount in your Pay Pal Account with no reservations.

 

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Coinbase Buy Bitcoin: Bitcoin Cash Launch Delays Because Of Overwhelming Demand from Buyers

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Coinbase is a secure online platform for buying, selling, storing and transferring digital currency and it’s the most popular way to buy and sell Bitcoin, Ethereum and Litecoin.

Last month, few issues have been experienced on Bitcoin’s GDAX exchange during the launch of Bitcoin cash trading. Coinbase has blamed exceptional demand from buyers for these issues. On 20th December, the firm added support for bitcoin cash, however, Coinbase moved to disable trading of its newest assets after this unexpected news.

Adam White, who’s the manager of GDAX said in a blog post that they did their best efforts for creating a fair and orderly market, however, the launch of bitcoin cash didn’t go well and they also understand why the customers are so upset. He also said that they’ll share a detailed timeline of events and other additional information about the decisions for improving the future launches.

He added, that on 3rd August 2017, it was announced that customers could withdraw their bitcoin cash (BCH) balances by the 1st January 2018. Later, the decision was deferred. After monitoring the Bitcoin Cash network, some factors were observed such as; developer support and network security. And in the end, it was concluded that the bitcoin cash met the standards of Digital Asset Framework so it could be traded on GDAX.

Coinbase buy bitcoin

According to the blog post, in the 2 minutes and 40 seconds after BCH/USD trading started, almost 4,000 orders were placed, in which 3,461 matches occurred, and trading volume got to $15.5 million. Furthermore, he added, the low cash flow also triggered the price of the cryptocurrency to leap as high as $9,500, a lot higher than listed on other exchanges.

The constant liquidity complications made the relaunch of BCH/BTC and BCH/EUR books to be postponed until the end of winter holidays, when there would be higher possibility of meeting liquidity standards that are needed to enable trading. White accepted that regardless of the firm’s best efforts to create an impartial and methodical market, the launch did not go as it was expected.

On 13th November 2017, employees were informed about the decision to support BCH trading and were overtly verboten from buying and selling BCH. All employees were also forbidden from sharing this information with anyone else outside of the Coinbase. Coinbase has also announced that it will start an inquiry if any of the employees have desecrated its insider trading rules.

It’s not the first time that price movements have seemed to anticipate changes in the exchange to list new cryptocurrencies. According to an information from Coinmarketcap, the prices of the cryptocurrency began increasing at least a day in advance. Only four assets have been listed by Coinbase on its GDAX exchange, which offers order, bitcoin cash ether, order books for bitcoin, and litecoin.

Well, the move to list bitcoin cash was different and unique, as it effectually gave all the customers of Coinbase’s GDAX exchange an amount of bitcoin cash equivalent to the amount of bitcoin they detained on the exchange at the time, when the new cryptocurrency network was formed and Coinbase has also specified that it will definitely look for relaunching bitcoin cash trading later.

 

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Myth Debunked As Elon Musk Claims He Is Not Satoshi Nakamoto

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On November 26, 2017, a news came out about a former SpaceX employee claiming that Elon Musk was “presumably” Satoshi Nakamoto, the creator of Bitcoin. Bitcoin was established in 2008 and claimed under the pseudonym “Satoshi Nakamoto”, the rumored holder of more than one million Bitcoins.

The secret of Satoshi has been a hotly debated issue in the digital currency world, with entrepreneurs regularly claiming and denying responsibility. Many individuals jumped at the opportunity to get a reaction out of Musk, with very little success on the first day.

In under 48 hours, the news reached Musk, who swung to Twitter to expose the claims in true Musk way:

“Not true. A friend sent me part of a BTC a few years, but I don’t know where it is.”

Image credits: cryptocoinsnews.com

The gossip started from this Medium post from Sahil Gupta, a student at Yale University and former intern at SpaceX. Gupta’s post was widely covered over media, bringing together a blend of supportive and skeptical responses. Normally, the dominant part of reactions was doubtful:

“Obviously, and on the 7th-day Musk rested.” – Phil Thompson

“Musk is a serial self-promoter. Had he come up with anything 1/1000 are groundbreaking we’d have known about it.” – Frayed_Knot

“I will debunk this right now. There is no way Elon Musk is Satoshi. He would never create a currency system that uses so much energy. One bitcoin transaction uses the amount of power an entire home uses in a full week. No way would he impact the environment like this.” – Adam W.

“Yes and no doubt one of his P.R. companies facilitated this article.” – Dave

The last comment can be easily exposed. Yes, Musk is capable of many things, but it is safe to say that he didn’t create Bitcoin.

With Musk’s latest response, the secret of Satoshi lives on and stays to be one of the best mysteries in the crypto world.

 

STORY AND IMAGE CREDITS: CRYPTOCOINSNEWS.COM

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