Use Virwox to buy Bitcoins
Getting hold of bitcoins has not always been so easy with security concerns and privacy issues in the past. However now that bitcoins are becoming more widespread and accepted it will become easier to buy bitcoins. Here is a step by step instruction how to buy bitcoins with credit card.
Virwox was set up as a virtual currency exchange website originally to trade Second Life Lindens (SLL). As you have probably found out it is difficult to find many places to buy bitcoins with credit or debit cards but following these steps you can. read more
Bitcoin, which drew its roots in 2008, is a decentralized, software-based online payment system. Often referred to as a cryptocurrency, bitcoin has gone a long way from being a virtual currency into a trusted form of payment for various products and services.
While several big companies in the US like Amazon and PayPal have already embraced the legitimacy of bitcoin as a payment method, Australia is just not ready yet. There’s still a big question among their lawmakers on how bitcoin is to be treated, despite its known advantages like low fees, payment flexibility, and anonymity. In fact, the Australian Tax Office has dismissed it as a form of currency last August this year, thus forcing cryptocurrency startups to instead explore other countries. read more
The automatic bitcoin teller machine in Queensland was seized during an investigation concerning drug trafficking network which was linked to Bandidos bikie gang. Police were able to seize the ATM after a serious investigation through joint raid as well as custom officials at Roastery café which is located in South Brisbane.
After the arrests, police pointed out that the café has been one of the commercial multimillion-dollar networks for trafficking methamphetamine headed by a suspected former gang leader of the Bandidos Brisbane Centro chapter. According to police, they are yet to find out if the transactions by bitcoin which the café has accepted played any of the criminal acts after the installation of the machine in May. According to Mick Niland a Superintendent, the alleged trafficking is being checked by a group of computer experts who are busy examining the machines forensically. read more
Braintree, a subsidiary firm of Paypal, has finally announced that it will establish a partnership with the bitcoin payment platform Coinbase, for allowing bitcoin payments through Paypal. This announcement comes after many weeks of rumors. Coinbase is one of the largest bitcoin payment platforms. These two partners will work together in the following months for allowing full bitcoin integration. read more
Braintree already manages payments for its clients like Reddit and Overstock. The CEO of Braintree, Bill Ready, has declared at the Techcrunch Disrupt conference in San Francisco that Paypal takes measures to embrace bitcoin. The partnership will help firms that already use Braintree for payments to embrace bitcoin in the following months. This step will be possible without any configuration changes and will encourage the adoption of cryptocurency.
Canadian Employees receiving bitcoin payments
A Waterloo, Ont., payroll company reports a surprising development. According to the firm, an increasingly number of workers prefer Bitcoin to the Canadian dollar.
Shrad Rao, the Wagepoint CEO said his firm introduced the cryptocurrency payment platform towards the end of last year as a side project but never expected any adoption. However, with the growth in the popularity of the online currency this year, the CEO said, employees from 10 companies have registered for the Bitcoin platform and more are inquiring about it. read more
Check out the new book which today 1st June until 5th June is FREE on Amazon. Its a good chance to get informed and learn about some new investing techniques. Heres the description taken from Amazon and the link to the book.
Download free here—> Bitcoin Step by Step for Beginners: How to Invest and Profit from Bitcoin Today!
Bitcoin has been headlining in the news for the past year after the value of bitcoin jumped over 1000% from $15 to over $1000 in value! People are now discovering that this virtual currency offers massive investment potential. read more
If you have heard about bitcoin but don’t know where to start then look no further. My book “Bitcoin Step By Step For Beginners: How To Invest and Profit From Bitcoin Today!” is exactly that. A step by step bitcoin guide detailing everything you need to know to get started in your bitcoin investment journey.
American politicians are now able to take bitcoin as legal political contributions, but maybe not anonymously, after a ruling by the US federal election commission.
The Federal Election Commission (FEC) has dominated that political leaders and political action committees (Pacs) – impartial political campaign groups which do not have their contributions capped – can accept bitcoin, which should subsequently be treated like other inkind donations such as stocks and shares.
This means that individuals and groups who accept the currency must change it in to US dollars, and deposit these dollars in to a campaign account, rather than investing the bitcoin directly. read more
Swiss hotel now accepting bitcoin.
BRUGG — After 125 years of peaceful existence, the Gotthard hotel, in this modest Swiss city, has unexpectedly landed in the limelight. Its operator Roger Widmer and his poker companion, Martin Ammann, decided to join the worldwide Bitcoin payment bandwagon as a way to “seem cool” and pull students from encompassing universities.
The thought worked. Combined with the pupils, journalists and tv cameras, along with a tide of Bitcoin enthusiasts from Germany and Switzerland, have found its way to the hotel in Brugg for the opportunity to see what it’s like to use the new digital currency in the real market of the Swiss Alps. read more
A group of Bitcoin entrepreneurs hoping to animate the broke exchange Mt Gox has won backing because of its contentious plan from a number of its lenders in Canada, the America and Europe.
The association, called Sunlot, is trusting that the additional support will increase the pressure on the Japanese insolvency authorities to block the liquidation and transfer Mt Gox’s assets to new possessors.
The strategy has go the Bitcoin neighborhood, which is reeling from the collapse of the first & most prominent exchange for the virtual currency. It later revised the number to 650,000 after locating 200,000 Bitcoins in an aged digital file. read more
A Japanese court named a liquidator this month, and customers are warned that they might get back few or n one of the Bitcoins that they entrusted to the trade.
By providing to distribute the 200,000 rediscovered Bitcoins to Mt Gox customers and giving them a 16.5% interest in a revived trade, Sunlot said it would provide a better deal for creditors than liquidation.
Because many of Mt Gox’s lenders would have a stake in using it, for its part, Sunlot expects to use an offer to be a large virtual foreign exchange.
We all love bitcoins and FREE bitcoins are even better. Part of the reason I made this website is to share ways that you can earn Free bitcoins on the web.
This weeks tip is about a great program that pays you by visiting websites! It’s very simple. You go to bitvisitor.com home page, type in you bitcoin wallet address and click submit. It will take you to a page where you enter a CAPTCHA. You will then be shown a website with a counter. Once that counter reaches zero you will see a big green next button. You need to click that button to view next webpage and more importantly to receive your bitcoins. read more
Bitcoin vault Xapo made news in March after launching an insured, risk-free repository for big BTC investors. The support, which went so far as to bury paper bitcoin keys in underground vaults, has become a big finance dear. Now it’s pursuing the average user by offering credit cards directly connected to a Xapo bitcoin wallet.
The improvement of card entry to these billfolds will allow that 10 per cent to be promptly transferred to funds.
Users of the free Xapo wallet will receive a free credit card number entire with sell-by date they can use to pay online. For $1-5 they can request a physical card with magstripe that’s usable at any shop that accepts MasterCard. Processor and pIN cards will be available in Europe. read more