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Bitcoin for Beginners
Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
I am an IT contractor and I work through a LTD company. Every now and again, I take some funds as a dividend and buy some Bitcoin. I have also considered buying the Bitcoin with company money instead. Of course the Bitcoin would be owned by the LTD company. Is one approach clearly better than the other, from a tax perspective? Assuming my plan is to hold for as long as I don't need the money. I will ask my accountant, but I thought I'd ask you guys first.
Someone told me I should only buy and sell bitcoin and send bitcoin directly to my address never anyone elses. Which that is a completely right because why the hell would I ever send it to somebody else is wallet ? But why did he say this can you get in trouble for buying bitcoin for somebody else thru coin base ?
Anyone have any idea if there is a website or btc mining pool where you can buy your bitcoin driectly from the miners? Big or small volume. When operating a crypto business from a risk based aproached view which is mandatory if you are a regulated business, this seems to be the most "low risk" way to buy bitcoin since the newly mined coins havent been used before.
Im having trouble to but this into words, but to sum it up. Is it safe for me to get bitcoin from an ATM as a 16 year old with a debit card? I get by my "course". And can i use the bitcoin gotten from the ATM to buy things online without being tracked? And how would i go about getting bitcoin, because when i tried to make an account online for bitcoin, they needed 18+ verification through photograph of my passport... Can i just go to an atm and get some bitcoin and use it simple as that online to order things? I feel like im missing something. Here is the ATM closest to me. Can i use it as an underage?
Bitcoin ATMs: Bitcoin ATMs act a bit like in-person bitcoin exchanges. Individuals can insert cash into the machine and use it to purchase bitcoin which is then transferred to a secure digital wallet. Here’s a quick guide for buying your first Bitcoin: Step 1 – Get a Bitcoin wallet Step 2 – Locate your Bitcoin address Step 3 – Choose the amount of Bitcoin to buy Step 4 – You will be navigated to Cex.io, where you can enter your Bitcoin address and payment information The Bitcoins will be sent to your wallet within a matter of minutes. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation But adding in free Bitcoin buying and selling puts the Cash app near the top of the places to buy Bitcoin list. The Cash app comes from Square, the company that makes those mobile credit card readers. Square is a huge financial technology company that includes many other services. Bitcoin is just a small piece of what they do. Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide.
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