[GUIDE] First Time: Bitcoin.

[ashbrahh]

How many bitcoins for 800m?

 

[clgmilan]

nice guide

 

[katttpb]

Can you buy bitcoin using paypal or only from credit card etc?

 

[Abe]

appreciate the guide thank you

 

[Baauer]

This actually was really helpful and has definitely convinced me to start trading in bitcoins! I had no idea how easy it was?!
One thing I want to ask though, is how people get their bitcoins "hacked"? I've heard of people getting their BTC wallets hacked and losing all of their virtual currency..... Is this true/how do I prevent this from happening to myself?

 

This actually was really helpful and has definitely convinced me to start trading in bitcoins! I had no idea how easy it was?!
One thing I want to ask though, is how people get their bitcoins "hacked"? I've heard of people getting their BTC wallets hacked and losing all of their virtual currency..... Is this true/how do I prevent this from happening to myself?

Get a good password (try 14+ characters) with random letters/capitals/signs/numbers etc so it cannot be bruteforced.

Also get 2FA setup. This is important as you CANNOT chargeback BTC payments.

 

[Hubbalicious]

How many bitcoins for 800m?

800m What? Speak to marketers and they'll most likely sell you some via BTC.

EDIT: Awks ignore, 3 months ago... -_-

 

[anqel]

Thanks, very informative.
Was looking all over the internet for info on bitcoins.
Who knew some of the most useful would be right here on sythe

 

[MferJones]

1. how much is one bitcoin worth? I have a paypal balance of 205 I want to transfer to bitcoin, does that equate to 205 bitcoins?
2. is circle.com free of any transaction fees. I don't want to pay a fee to transfer my paypal to bitcoin nor do I want to pay a fee when I send bitcoins

 

1. how much is one bitcoin worth? I have a paypal balance of 205 I want to transfer to bitcoin, does that equate to 205 bitcoins?
2. is circle.com free of any transaction fees. I don't want to pay a fee to transfer my paypal to bitcoin nor do I want to pay a fee when I send bitcoins

Circle has no fees. You cannot do PayPal -> BTC. You'll need to transfer it to your bank first, then to Circle. 1 bitcoin is approx. $410, so $205 would be 0.5 BTC.

 

[Furreal]

Great guide haha, i'll link this to people that don't know what bitcoin is xD

 

[YusuF]

Amazing Guide

 

[Saluki]

I recognize Bitcoin as one of the new leading currencies being used on Sythe, and by my guess, will likely be integrated into our commerce, so getting set up with it with this easy-to-follow guide is quite a great way to get the foot in the door.