Step 1 ---> Get Started With Bitcoin
Before you start using Bitcoin, which is still experimental but has been operational without any interruptions for over eight years, there are a few things that you need to know in order to use it securely and avoid common pitfalls.
First, Bitcoins are impossible to counterfeit or inflate.
Second, you can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen.
Third, with Bitcoin you can directly control the money yourself without going through a third party like a bank or Paypal.
Fourth, Bitcoin transactions cannot be reversed or refunded. You should only deal with businesses or people you trust.
FifthTo be valid, a Bitcoin transactions must be confirmed at least once but preferrably 6+ times before it has happened and becomes irreversible.
Sixth, Bitcoin is not anonymous but there is tumbling. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Seventh, you can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you. You can also buy them directly from an exchange with your bank account.
Eighth, there is a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility.
Ninth, the Bitcoin industry is always changing and there are many Bitcoin news services to stay up to date.
Tenth, beware of the confusingly similar Bcash, BCH, Bitcoin Cash project.
Step 2 ---> How To Get A Bitcoin Wallet
Setting up your first Bitcoin wallet is simple. There are several quality mobile, desktop, and hybrid wallets available. If you want to do thorough research then you can read our comprehensive guide on how to find the best Bitcoin wallet.
A great path would be:
(1) a mobile wallet like Airbitz (iPhone, Android), CoPay (iPhone, Android) or Mycelium (Android).
(2) acquire bitcoins from a friend, as payment for a good or service or buy bitcoins from one of the many exchanges.
(3) if you decide to store large amounts of bitcoins and want to know they are absolutely safe then use Armory.
Step 3 ---> How To Get Bitcoins
How to buy Bitcoins
With the Bitcoin price so volatile many people seem curious about getting some. Below we have listed some of the best exchanges.
If you want to do your own research then check our guide on how to buy bitcoins in any country. Here are our recommendations:
logo Coinbase BUY
Coinbase is one of the world's largest Bitcoin exchanges. Users in the United States, Canada, most of Europe, and Singapore can buy bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
Step 4 ---> How To Use Bitcoins?
Starting to use bitcoins can be exciting because it is a new technology. Bitcoins can be used to purchase just about anything you want. Dental services, a brand new car, travel and even luxury real estate.
We recommend searching the Bitcoin merchant directories below to locate the merchants you are interested in. You can buy gift cards with bitcoin and shop easily at most of the stores you already use.
Bitcoin Merchant Directories
Airbitz - Find bitcoin friendly merchants near you and online
Open Bazaar - A decentralized marketplace
Coinmap - Find bitcoin friendly merchants near you
Purse.io - Get discounts greater than 20% on Amazon.com
One of the best things to buy with Bitcoin is virtual private network (VPN) services to keep your Internet traffic safe, secure and private. We put together a comprehensive list of VPNs you can buy with Bitcoin.
Another tool many people like to buy is a Bitcoin debit card which enables people to load a debit card with funds via bitcoins.
Promotional Images
Are you a merchant or freelancer that would want to start accepting bitcoins for goods or services? We have a few high resolution graphics that can help you.
So this is exactly the typical sign as you can also find on the Bitcoin Wiki.
Just that it is in fully scalable PSD form so even blowing it up to huge printable resolutions will do no harm to them. And you can edit them easily.
Step 5 ---> Staying Informed With Bitcoin News
Michael Casey and Paul Vigna of the Wall Street Journal authored The Age of Cryptocurrency which has become a best seller on the topic of Bitcoin.
This may be a great book for you to start with when forming an intellectual foundation on this new technology.
There is the WeUseCoins News Section and these are the 5 most recent articles:
Blog Post
Blockchain Explained - For Normal People
All About Cryptocoin Mining and How Useful It Is
Video - Pivx is...
Video - Bitcoin-Vs-Pivx
Video - EventChain SmartTickets Vision general de la plataforma blockchain de ICO
Video - How To Buy Pivx On Changelly With Bitcoin
Video - Brave Browser, Craig Wright, Japan and South Korea
Video - Crypto Warning - Slack communities under Phishing threats
Video - Twitter Crypto Recap Jesse Couch July 5 2017
Here are some good places to keep up with bitcoin news and discussion:
Opinions of the Rich and Famous on Bitcoin
Research Library - papers from companies and academics
r/bitcoin - Bitcoin links and discussion by the Reddit community
Bitcoin Charts - price charts
Bitcoin Knowledge Podcast - Interviews with top people in the Bitcoin world
