VETERAN Request - BITCOIN

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Hello RX Forum

NEWPORT here

OK so I am in need of a FULL Bitcoin education. Treat me as someone who knows absolutely nothing on how this work, how it works to gain payouts, and all the pros cons, ups and downs..

If there is a link to a major educational understanding of this please post to this thread. As well fellow veterans please add your commentary and insightful leadership

Thank you. NEWPORT
 

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My NEWPORT represents NEWPORT RHODE ISLAND

But I have been a member of the RX for over 20 years
 
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Hey Newport , always good to see you stop by...

There are a Bunch of Bitcoin threads, there's one down a little bit from yesterday and you have this one which is pretty good, http://www.therxforum.com/showthread.php?t=1051509&highlight=Bitcoin

also a lot of guys here know a lot about bitcoin, and raiders72 probably knows more because he has been a Bitcoin guy from I believe Day 1

Here's the one from yesterday, http://www.therxforum.com/showthread.php?t=1077803
 

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Thank you...Let me add two items I am only interested in BITCOIN payouts at this time and it would be with 5/D. Is there a different exchange or better one to sign up if I am only interested at payouts right now and it would be with 5/D

Thanks everyone for help
 
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Thank you...Let me add two items I am only interested in BITCOIN payouts at this time and it would be with 5/D. Is there a different exchange or better one to sign up if I am only interested at payouts right now and it would be with 5/D

Thanks everyone for help

Ahh... Yes, when the Shit hit the fan last year.. this thread came out ASAP http://www.therxforum.com/showthread.php?t=1049092

Like what was said back then, Bitcoin is the BEST way at 5Dimes

I also believe there are multiple Threads in the Industry Talk forum
 

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OK thanks for the history on the past...I am just looking for process...I assume I start by signing up for bitcoin wallet...from what I am reading everywhere

I am looking for the 101 hand hold of getting bitcoin and then being able to gain payouts in that format
 
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OK thanks for the history on the past...I am just looking for process...I assume I start by signing up for bitcoin wallet...from what I am reading everywhere

I am looking for the 101 hand hold of getting bitcoin and then being able to gain payouts in that format

I'm sure one of the guys or even Raiders72 will be in here giving step by step details
I am not a Bitcoin expert, so I will leave it to them.
 

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OK well I know Raiders will help me

Ok so here is where I am at...I have a coinbase account set up and linked to my ****** and I would like to just leave it that way

I also have a bit wallet account set up....

OK so lets go through a hypothetical scenario

I want to get a payout of lets say $2000 bucks through bitcoin

What do I do with and what happens with what I just outlined and have above

Much appreciation for the help
 

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ok I went with coinbase....i put in a request today...lets see how this goes
 

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I'm sure one of the guys or even Raiders72 will be in here giving step by step details
I am not a Bitcoin expert, so I will leave it to them.

Send the bitcoins from 5dimes to your wallet (blockchain is popular these days). Once they hit your wallet, send it to your coinbase account. Once it's in your coinbase account you covert to cash then withdraw to your payfriend. There might be a limit on how much you can withdraw to your payfriend (I've never withdrawn to a payfriend before) per week, so you might have to do it in pieces. After you do one transaction you'll be a pro.
 

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Send the bitcoins from 5dimes to your wallet (blockchain is popular these days). Once they hit your wallet, send it to your coinbase account. Once it's in your coinbase account you covert to cash then withdraw to your payfriend. There might be a limit on how much you can withdraw to your payfriend (I've never withdrawn to a payfriend before) per week, so you might have to do it in pieces. After you do one transaction you'll be a pro.

From what Ive heard this is the best way to do it. I know a few guys that went straight to coinbase from books and got banned from coinbase.
 

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Send the bitcoins from 5dimes to your wallet (blockchain is popular these days). Once they hit your wallet, send it to your coinbase account. Once it's in your coinbase account you covert to cash then withdraw to your payfriend. There might be a limit on how much you can withdraw to your payfriend (I've never withdrawn to a payfriend before) per week, so you might have to do it in pieces. After you do one transaction you'll be a pro.

But
I can send direct to coinbase as I gained an address to a wallet there....so thats what I did...there was a wallet already in coinbase, and coinbase allows for selling into my PP account or bank

There is a wallet in coinbase and it provides the codes for transfers in.....so I am confused on why I need the middle wallet
 

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Man I can tell this subject has gone taboo as well. Ok did the Blockchain. Will wait for payout and transfer to coinbase. Then to me. Now why do I have a btc wallet. A usd wallet a vault wallet in my coinbase ? And does it matter which one I send my btc from butcoin to?

also is it me or do the apps for both of these stink. I can't find request as an option on coinbase app any where. And it looks like coinbase has changed there w baited over the years. I was watching a tutorial and the website was different. Where is the request tab?
 

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OK I am a BLOCKCHAIN to COINBASE Human being NOW!!! dbanana0-9

I tell you to get a straight answer from the SB or anywhere is a tough thing

I mean the laundry business has gotten very sophisticated....and I have a shit load of laundry

If this goes as well as may say....then cheersgif


What I will say though is the APP's on the phone for both of these locations STINK.....and being on their sites within safari or chrome on your smart phone is no better.....From what I can see the laptop has all the options plain and clear ob both sites, but I cannot say the same for the mobile phones

OK post back when I get my first BTC in BC and then transfer to CB, and then transfer to ME!
 

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Man the laundry business is EXPENSIVE.....damn these fees involved no wonder this exists....someone is on a yacht in the CABO harbour
 

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OK thanks for the couple that responded on this thread....never heard from raiders.......i found additional info on web

GL everyone.....NEWPORT
 

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