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bitcoin ATM
Do Bitcoin ATMs Give Cash?Some BTMs work both ways – meaning they can dispense Bitcoin in exchange for cash and they can also dispense cash in exchange for Bitcoin. However, most models work only for buying Bitcoin.
How much fee do Bitcoin ATMs charge?Bitcoin ATMs charge an average fee of 8.93%. However, this is a rough average and the fees vary between ATMs. Make sure to read the instructions on the machine before starting the process.
Do Bitcoin ATMs Give Cash?Some BTMs work both ways – meaning they can dispense Bitcoin in exchange for cash and they can also dispense cash in exchange for Bitcoin. However, most models work only for buying Bitcoin.
He points out that many BTC addresses have been matched with “real-world identities” but “all or even most certainly have not.” This means that choosing certain transactions “based on who the senders might become little more than a guessing game,” Voell adds.
He also notes that the only way “to guarantee that all transaction fees in a block are ‘clean’ is to mine zero transactions unless the miners opts to only process transactions from a whitelist of Bitcoin addresses.” He explains that any transaction that “may later be discovered to have connections to a criminal or sanctioned entity ruins the entire ‘clean’ block effort.”
As noted by Voell:
“Simply avoiding addresses on a blacklist is insufficient. Without an address whitelist, only empty blocks can be clean blocks. Even after including zero transactions, a ‘clean’ block still isn’t safe. The address that receives the coinbase transaction with the block’s mining subsidy is, of course, public and can receive transactions.”
Voell further notes that any other BTC wallet that sends even the smallest amount of Bitcoin to the coinbase address “taints the bitcoins and sabotages the entire endeavor.” He explains that “unlike the transaction problem, where a miner can simply opt to exclude all transactions, preventing ‘tainted’ bitcoins from being sent to the coinbase address is impossible.”
Bitcoin still depends on all of you HODL'ers buying the dip.
Come to think of it, isn’t all “crypto” just an elaborate confidence scheme? Like a spreadsheet makes it any less ridiculous than selling the Brooklyn Bridge.
Bitcoin rises to reclaim the $40,000 level as the cryptocurrency tries to recover from brutal selloff
"If you HODL now, your coins will reach the moon!"
Bitcoin such a great store of value
1 year
Low:$8,975.53
High:$64,863.10
BITCOIN CONFERENCE
At a recent Senate Banking Committee hearing, Senator Elizabeth Warren (Dem., Massachusetts) said that "cryptocurrencies have created opportunities to scam investors, assist criminals, and worsen the climate crisis."
She further added that "the threats posed by crypto" cannot stay ignored by the government and suggested that more regulations be put in place.
If Liz doesn't like it, it must be good.
Bitcoin rises to reclaim the $40,000 level as the cryptocurrency tries to recover from brutal selloff
Anything talking crypto should be banned here in my opinion.
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What other investment was up 315% in 2020?
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https://www.vox.com/2018/4/24/17275202/bitcoin-scam-cryptocurrency-mining-pump-dump-fraud-ico-value