I did this once a month or two ago without any problem but I have a lil over $100 in my cash app that I want to use to buy bitcoins but can't figure it out. I watched a youtube video and he went to a new screen to buy bitcoins but that screen isn't showing up for me on my app. Anyone know of what I could be doing wrong?
06-03 07:52 - 'I doubt that you would be able to convert 'copious amounts of money' on a bitcoin ATM in a mall. There is probably some limit in place. :) / However, I don't get how is converting money to bitcoin any different then burying c...' by /u/unstrdi removed from /r/Bitcoin within 149-159min
''' I doubt that you would be able to convert 'copious amounts of money' on a bitcoin ATM in a mall. There is probably some limit in place. :) However, I don't get how is converting money to bitcoin any different then burying cash in the ground? Criminals would know what to do with stolen money. You know, it is their job to figure it out. They go to 'work 8 hours per day' to come up with ideas. I hate to be the one that brakes this to you but KYC is not asked for in order to catch professional criminals or terrorists. Actually its only purpose is to make hard for ordinary people to avoid taxes. ''' Context Link Go1dfish undelete link unreddit undelete link Author: unstrdi
Kramer starts taking avid interest in Bitcoin ever since a Coinsource Bitcoin ATM has opened in the neighborhood, to the extent he converts all his cash into Bitcoin. He considers old cash money tyrannical, and a way for government to control our lives. George buys one Bitcoin on Kramer's advice.
George turns his $6.5k into $13k in just a few months, starts dressing up as if he's a wall street billionaire. Also starts telling ladies he's a big shot and his average return on investments is 200%. Jerry wants to invest but misses out on the train because he made a joke on Bitcoin and called it worthless several months ago and he can't go back on his word. Elaine meets a Bitcoin millionaire on Tinder, when she finally meets him in person it turns out he's a 19 year old kid who lives in his parent's basement and got lucky when he mined a ton of Bitcoin years ago. Elaine is conflicted.
ELI5: Start to Finish Guide on how to buy Bitcoin, load it into a website (of your choice), how to cash out, how to convert back to money in bank account.
I know I’m asking for a lot here - just going on a whim because apparently I’m just an idiot with cryptocurrency. I’ve tried twice to open a wallet and get bitcoin and one way or another I got lost in the process. I learn best after walking through steps once...I live in Texas where gambling is illegal so I figured using Bitcoin on a website like Bovada would be a legal alternative? Please provide details from which website you purchase your Bitcoin from, where/how you store it, how to load into the website, how to retrieve your winnings and convert back to money I can load into my bank account. Please use specific verbiage - you can talk to me like I’m a dumbass because I absolutely am a dumbass with this stuff. I would be eternally grateful! Edit: Figured it out! Thanks guys. 🥰 lost my first $25 deposit - I’m a real high roller I know. 😹
I don't use bitcoin, but is it possible to take my standard money, convert it to bitcoin on a bitcoin account and buy things online with bitcoin, then exchange unused bitcoin back into my regular currency?
Trust no more in the broken system. It’s time to WAKE UP! Restore your wealth! STOP 🛑 AND CONVERT WHAT YOU HAVE LEFT INTO #Bitcoin Take back your POWER and Restore your wealth! #unemployment Will NOT take care of you. Demand #Jobs to pay you in bitcoin. Your 👉 RESTORED (Money).
I own some bitcoins online but I don't know how to convert them to money. Any help?
Hi guys. I bought some bitcoins and other currencies a couple of years ago, simply by creating some wallets using wallet generators, and I am holding the keys. How do I go about getting a bank transfer for those coins if I want to sell them? I know there are some big websites out there where I can (I assume?) import my digital wallet, and then exchange the bitcoins for money, and then (I assume?) I get a bank transfer (minus fees?), so where should I do this operation to make sure it's all safe and simple? I live in Australia btw, if that matters. I just want to make sure that if I upload my private wallet info I don't get scammed. It's less than $500, but I want to do it safely. Thank you!
05-24 14:05 - 'It's absolutely fascinating I got voted down for this - what is the difference between this and Coinbase Earn, where you get alts for free and convert it straight to BTC? Free money is free money. Maybe actually look...' by /u/RiotOnVijzelstraat removed from /r/Bitcoin within 34-44min
''' It's absolutely fascinating I got voted down for this - what is the difference between this and Coinbase Earn, where you get alts for free and convert it straight to BTC? Free money is free money. Maybe actually look in to it rather than insta-neg? TFUEL is currently 174 sats, and I've made over 200 since yesterday. ''' Context Link Go1dfish undelete link unreddit undelete link Author: RiotOnVijzelstraat
I thought I’d share some of my stock market knowledge to help my fellow HODLers get a perspective on the CME futures that will be launching soon. First let me explain a bit of history: in 1982 CME group launched futures on the S&P500. What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987. Why does this matter for Bitcoin? Because I believe a similar story is about to unfold. This story is the fundamental story about adding leverage to a new underlying asset. Bitcoin is a relatively “unleveraged” asset as compared to other financial assets. It’s new, it’s untainted. This is significant because of the mechanics of market prices and the future potential of market prices. When something enters a levering stage, like Bitcoin is about to, the mechanics of the market are HEAVILY weighted to the buy side and not the sell side. Why? Because to be a seller you MUST be a previous buyer (or if you’re shorting, the supply comes from a previous buyer). This may sound weird, but the potential capacity to sell is a function of those who previously bought. This is why in an early market like Bitcoin it’s very hard for it to consistently fall as there’s not a lot of buyers yet built into the price. It takes years and years of accumulation and volatility to create a normalized market. When it’s new, especially pre leverage, it’s very easy to bid it up. When the CME futures are added, it will likely lead to spectacular rallies, but you need to arm yourself with the knowledge that the eventual buying will plant the seeds of the future capacity to panic. This is what happened in 1987: The stock market had a 3 day wipeout of over 22%. It took 5 years to develop the buy side enough to create the conditions for panic. This was caused by the CME futures in 1982. Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side (sell side). Why do I tell you this? I want to arm you with expectations to keep your wits when it all goes down. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. We just had a 29% correction and it was frankly less than the last two. 20-40% corrections are standard in Bitcoin. When we have the futures levered crash, it’ll likely be 50-60%+. This will be hard on your psychological commitment. Prices do funny things to people’s perception, just like how BCH rose and now suddenly everyone thinks it’s a BTC contender. (Nothing’s changed, price was just pumped up and psychology affected.) So first thing: prepare for that eventual crash, I suspect it’ll take 1-3 years to create the conditions for an extreme sell side due to leveraging. This sell will start and accelerate, hitting stop losses and margin calls, which is “mechanical selling”. The mechanical selling (forced selling) will cascade and create a feedback loop where more margin calls are hit, more stop losses, etc etc until almost all profits of the last year or 2 are wiped. Combined with the emotional panic caused by extreme falling prices, it will make people think Bitcoin isn’t real and abandon it. Next thing: the 1987 crash, while devastating in many ways, was completely recovered by the stock market in 8 months. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. It is up dramatically since those days, and that crash was just a blip on the screen. The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core. But if you understand that the powerful selling is just a function of the leveraged previous buying, it’s just fundamentally an opportunity. I will ride this hard as we lever up, and after an extreme period of euphoria, when Bitcoin is on every front page, when every HODLer owns a mansion, when your government-loving socialist neighbour is asking for your help converting money to Bitcoin, I’ll be lightening up heavily, waiting for the crash. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god. Good luck guys. I hope you weather the next 1-3 years with great savvy. EDIT: A few people are getting a bit confused about the “settling in USD” nature of these contracts, which has nothing to do with what I’m talking about. Less than 10% of these contracts will actually settle and receive the applicable USD. What’s important to understand is how futures affect future perception of price. Here’s an example: Imagine you go to your neighbour who wants BTC. You make a contract that you will deliver him 11,000 USD worth of BTC in 3 months. He gets this contract and pays 100 bucks for this right. You are happy because you planned to sell at 11,000 anyways, and the neighbour is happy because he wants to get exposed to BTC and thinks it’ll go higher. So now let’s say your other neighbour approaches the neighbour you just sold to, and says “I’ll pay you 200 for that contract, I think BTC is going to easily be 11200 on delivery. And then another neighbour goes “holy shit I’ll pay 1000 for that contract BTC is easily going to be over 12000 by then!” And before you know it, this contract for future delivery is going to be bid to hell, and the contract is trading around 8500 as most think it’ll be worth over 19,000 by that time. Let’s imagine you watched this frenzy. Do you think it’ll have a perception on what you think your current BTC is worth? You’re probably really sad you have to deliver at 11,000, aren’t you? This is how futures contracts drag up spot price. That contract I described is a futures forward contract. And since futures have enormous leverage, how much do you think it’ll allow them to bid the future perception of prices of BTC? When CME futures launch you’ll be able to go online and see what people expect BTC to be in 6 months. What if it says it’s going to be 25,000? How will you feel? In other commodities, this doesn’t get so frenzied. If some guys are bidding up corn, it’ll compel farmers to plant more corn, more supply then comes online in the future, lowering price. There is no such mechanism in BTC. I’m personally so cautiously excited to see the frenzy that happens. I really don’t know, this is where my knowledge ends and everyone else I think. Complete uncharted territory. EDIT 2: I'm going to add one timing element I think you need to watch for when it comes to this levering/crash scenario that has occurred before. The number 1 thing I'll be watching for when I get ready for this is: everyone here will be wealthy. Think about it. You're all first movers, way early in the adoption curve. You may feel behind but you aren't. There's a handful that are wealthy all ready, and they are the true innovators. But it's when the people that are on this subreddit get rich, like actually wealthy, I'll start paying attention for an extreme euphoric move. That extreme move upwards will cause a societal FOMO. You'll feel it, you'll see it around you. I may not sell everything, as its dangerous to ever sell BTC, but I'll lighten. The best example of how a frenzy looks is just what happened to BCH. 590 to 2800 isn a few days. That's like BTC moving to 45,000 by Saturday. That would feel fucking crazy, no? I'm watching for that style of velocity, maybe not as short term, but something that builds over 3-6 months. Then I wait for disaster to strike.
How do we prosecute a Columbine that never was? The legal challenge of a prevented school shooting
A lot of people were talking about the Columbine fangirl last week and the revelation that, if she were found, it was unlikely the police would be able to arrest her. Although she had made threatening comments, seemed to be planning an attack, and legally purchased a gun, what laws had she broken? The U.S. courts have long wrestled with such challenges: at what point does planning a crime become a crime? At what point does planning constitute a prosecutable "attempted" crime? Is there such a thing as a ‘thought crime’ in U.S. law? I was surprised to search the name ‘Jack Sawyer’ and find nothing in this or related threads, as this case is a fascination of mine. Here is his story, and how it changed the way one state handles pre-crimes. Jack Sawyer Jack Sawyer was an 18-year-old from Poultney, Vermont. He had struggled throughout his adolescence, and during his sophomore year in 2016, he left Fair Haven Union High School. His parents eventually soon sent him to Ironwood, a residential mental health treatment facility and school for troubled teens in Maine. His parents hoped Ironwood could provide their son more comprehensive treatment for his anxiety and depression. In February 2018, Sawyer returned to Vermont. On February 14, 2018, Vermont State Police received information about a credible threat to Fair Haven Union High School and contacted Fair Haven Police to track down Sawyer. FHP located and questioned Sawyer, who admitted he used to have a problem with the school, but said he was over it. In the course of the conversation, he mentioned he had recently purchased a shotgun in Vermont after returning from Maine. Although concerned, the police had no probable cause to take further action. The next day, the Dutchess County (New York) sheriff’s office contacted the FHP to state that a friend of Sawyer’s had reported that she had received troubling messages from Sawyer over text and Facebook. The Parkland, FL, shooting had just occurred, which Sawyer praised as “fantastic.” He described school shootings as “natural selection” and noted, “Just a few days ago I was still plotting on shooting up my old high school so it’s not like I really wanted a future anyways.” Based on this tip, FHP detained and interviewed Sawyer again. In this interview, Sawyer admitted that he had been planning to commit a mass shooting at the school and told the police the following: --He had converted money to bitcoin and was searching the dark web for a handgun, but his bitcoin devalued, so he couldn’t purchase it yet. --He said he needed to go to the school to observe what the School Resource Officer’s schedule and patterns were, so that he could make plans to neutralize this threat and prevent the shooting from being interrupted. --He said he wanted to shoot up the school on April 20, the anniversary of Columbine. He had obtained a school schedule, however, and after discovering school wouldn’t be in session that day, he had decided on March 14 instead. --He was planning on wearing camo rather than the trenchcoats like the Columbine shooters. --He said he planned on ending the shooting in the school library as further homage to Columbine. While Sawyer was being interviewed, police searched his father’s house and his car. At the father’s house the father handed over a copy of a book about Columbine and a sawed-off shotgun belonging to his son. In Sawyer’s car, they found a shotgun, 17 rounds of ammunition, four books about school shootings, and, perhaps most chilling, his journal. The front cover read, “The Journal of an Active Shooter.” The journal was filled with suicidal ideation and specific plans for carrying out the shooting, such as a list of needed equipment. An entry dated November 29, 2017, reads:
I’ve had a change in plans. The day will be coming much more sooner than previously thought. I’ve realized the huge importance of being able to kill the kids that I actually know vs. waiting a year or so until they’re all gone. I’m aiming to kill as many as I can and whoever I can, but it’d also be more fun and satisfying to kill a lot of the dumb fucks that I actually went to school with, I know what they’re like and how idiotic they are. With the sudden shift in plans, that also means that I need to prepare and gather supplies quicker. It shouldn’t take too extremely long to buy the guns, but it’ll be difficult to make the bombs since I don’t really have a good place to practice detonating them, but I’ll probably figure it out.
On December 1, 2017, he contemplated how to neutralize the school resource office, Scott Alkinburgh:
The biggest thing I'm trying to figure out right now is how can I get as far as I can into the shooting before cops bust me first and shoot me dead. I know that I'm going to have to take officer Scott out first, but what's the best way? I'm thinking that I'll go in a few days prior to scope things out and see if he can typically be found in his office. I'm intending to just blow his f****** head off before he can even draw his gun or think about what's happening, but I can only hope with that one. If he kills me first, all of this will be pointless since I won't make the impact and chaos I plan to create. I don't think it'll be too big of an issue figuring out though. Probably just shooting his head point blank is the best way to go.
In his last entry before his arrest, dated February 3, 2018, he lamented that he tried to buy a shotgun in Maine after leaving the mental health facility, but was unsuccessful as Maine prohibits sales to those with out-of-state licenses. Instead, he realized he would need to obtain these in Vermont. Based on his confession and the gathered evidence, Sawyer was arrested. He was charged with four felonies (tied to attempted bodily injury with a deadly weapon, attempted first-degree murder, and two counts of attempted aggravated murder) and held without bail. In the state of Vermont, the latter two charges may be punished by life in prison without the possibility of parole. Prosecutors later added two additional misdemeanor counts (criminal threatening and a weapons charge). The felony counts were eventually dropped, and Sawyer was released on bail in April 2018. Legislative Response The Vermont legislature acted quickly, proposing several changes in existing law. Some were skeptical that Governor Phil Scott, a Republican, would support the proposed gun control measures. He stated that the Sawyer case "jolted me" and that he would consider any efforts that would help reduce the risk of a mass shooting. The proposed changes included:
Background checks for any gun transactions between non-family members
A ban on new sales of extended magazines (>10 rifle rounds, >15 handgun rounds). (Residents can keep existing magazines, and dealers could sell out existing stock.)
The implementation of extreme risk protection orders, which can prevent an individual from purchasing or possessing guns for up to six months.
Governor Scott signed all three bills in April 2018 before Sawyer was released on bail. In fact, #3 was invoked immediately, and Sawyer was prohibited from having guns for six months (at which time the order can be renewed or allowed to expire). A final bill approved in 2018 modified an existing domestic terrorism statute to make taking substantial steps towards carrying out an attack or mass killing a crime, regardless of whether the crime occurs (penalty up to 20 years in prison). Sawyer’s Fate & the Aftermath In August 2018, Sawyer’s lawyer capitalized on a newly revised youthful offenders statute. Citing evidence on brain development, individuals aged 21 and younger are now eligible to be prosecuted as a youthful offender. Sawyer’s case was thus transferred to family court, where proceedings are confidential. In March 2019, it was announced that Sawyer was deemed a youthful offender on the count of carrying a dangerous weapon. Sawyer will be placed in a residential treatment facility until he is 22. Due to confidentiality protections granted in family court, the public will not be informed about Sawyer's treatment or release. In the meantime, $4 million worth of grants have been given to Vermont schools to enhance security. Over $400,000 has been spent at Fair Haven Union High School, including card scanners, safety doors, extensive cameras, additional security personnel, and services that monitor students' social media accounts. Sources https://vtdigger.org/tag/jack-sawye If you like legal docs, this has details of the case but also interesting examples the court considered when trying to establish what constituted “attempted” murder: https://law.justia.com/cases/vermont/supreme-court/2018/2018-105.html If you like podcasts. Vermont Public Radio did a five-part podcast about this called Jolted (after Gov. Scott's comment): https://www.npr.org/podcasts/642455340/j-o-l-t-e-d?t=1555508852705 So many questions... *Do you think Vermont will be able to prosecute individuals who plan attacks, or do you think these will meet First Amendment challenges? *Do you think extreme risk protection orders will stand, or will they be challenged on Second Amendment grounds? *Do you think Sawyer's sentence is appropriate? Do you think he'll receive sufficient treatment and be less of a threat when he is released in a little over 2 years? *What do you think about schools hiring external companies and monitoring students' social media accounts?
Convert Bitcoin to Perfect Money For Free Without ID Verification
Bitcoin digital currency is the most famous cryptocurrency in the universe. It is growing day by day with miners, mined coins and new users. For now, more than ⅔ of all 21 million coins are already mined. But to mine more bitcoins, it is becoming more difficult so the last bitcoin will be received after a long time. It was calculated that the last bitcoin would be mined in about 2040. The main advantages of bitcoins are independent of other currencies rate, irreversible transactions, decentralized architecture with no issuance centre. If you have a bitcoin you can convert bitcoin to perfect money for free without ID verification. A highly fluctuated rate makes it very risky to keep big amounts; this is one of the disadvantages of Bitcoins. If do you want to exchange or sell your Bitcoins in other digital currency or local currency, then bitcoinsxchanger offers you to convert to any supported payment system. You can also exchange your BTC with Perfect Money. https://preview.redd.it/twbzwskxglj41.jpg?width=621&format=pjpg&auto=webp&s=0d13810043214beeed1eeac4218b64c1bead4a43
Convert Bitcoin to Perfect Money For Free Without ID Verification
Bitcoin digital currency is the most famous cryptocurrency in the universe. It is growing day by day with miners, mined coins and new users. For now, more than ⅔ of all 21 million coins are already mined. But to mine more bitcoins, it is becoming more difficult so the last bitcoin will be received after a long time. It was calculated that the last bitcoin would be mined in about 2040. The main advantages of bitcoins are independent of other currencies rate, irreversible transactions, decentralized architecture with no issuance centre. If you have a bitcoin you can convert bitcoin to perfect money for free without ID verification. A highly fluctuated rate makes it very risky to keep big amounts; this is one of the disadvantages of Bitcoins. If do you want to exchange or sell your Bitcoins in other digital currency or local currency, then bitcoinsxchanger offers you to convert to any supported payment system. You can also exchange your BTC with Perfect Money. https://preview.redd.it/77az8enhisj41.jpg?width=225&format=pjpg&auto=webp&s=5a06deb62dc3704b420a30f1e693d9dc89ffef95
In the UK So I'm interested in investing say, £5 or £10 into Bitcoin to then just let it grow. How do I go about purchasing/converting money to Bitcoin? How do I get a wallet? From the bit of reading I've done, I think I'd need a hot wallet to communicate with the wider Bitcoin world and a cold one to act as savings and to convert some of that back to pounds. How do I set all this up? Complete beginner here
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