(first time visitors will need to create a simple user name and password, THAT'S ALL, should take less than two minutes).Next I buy "SLL's" (Second Life Lindens....really, don't bother asking what they are if you don't know!Just know this is a trustworthy exchange, at least in the sense that they been around for well over a decade and conduct many millions of transactions every year).Next they'll show you an exchange rate of Dollars (or whatever your payment method is denominated in) to "SLL's" (I've never had it be wildly high or low; always steady); click yes to confirm, and the conversion will happen right away.Next you're going to convert your newly bought SLL's into BTC (Bitcoin) immediately.So again, before you consummate the transaction you'll see an exchange rate (and like the first one, it's always been fair and reasonable for me).Once you click yes then, ta-da, you own Bitcoin!Now in the upper left-hand corner it will show the number (or fraction) of BTC you have to send/spend.Assuming you want to send/spend your Bitcoin right away, you'll want to click the "withdrawal" link on the left-hand side of the page, and (on the next page you're taken to) you enter in the "wallet ID" of wherever you'd like to send your Bitcoin (it will be a long string of letters and numbers).At this point their standard message will say "processing will take 1 to 2 hours to complete.

I've NEVER had it take longer than 30 minutes, usually 15 FYI.Let me know if you have any further questions (or if you have a faster, more efficient improvement to  this method), and good luck!Christian HunterAustin, TXIf you're in the UK or Europe, check out CoinCorner - we make it really simple to buy bitcoin!/ to find friends of friends that want to trade bitcoins.bitcoin difficulty history dataThe site shows offers to buy and sell within your extended social network.bitcoin unstoppablePrices are pegged to market rates (MtGox or CoinDesk), at your chosen spread, and thus automatically update every minute.bitcoin quoraThere are no fees, no delays and no BS.ethereum cad price

CoinTouch can price in all major world currencies.More altcoins coming soon.Currently supports Facebook login - Google and LinkedIn coming soon.Any feedback, please drop me a tweet @cointouchThanks, and I hope you find the site usefulInvesting in and using Bitcoins, a digital currency that can be transferred directly from person to person through the Internet, is a particularly bad idea because it is unstable and is being used as a speculative vehicle.quora bitcoinThat’s the consensus answer on question-and-answer site Quora.will bitcoin spike againThe currency is designed to remove the middle man in transactions.That can be a transaction provider like PayPal or a bank when someone makes a purchase with a credit or debit card.When someone makes a transaction, the Bitcoin is automatically transferred to the recipient through an encrypted transaction that ensures Bitcoins can’t be hacked or created artificially.

New Bitcoins are added to the market through the “Bitcoin Mining” — a process where individuals run servers that handle Bitcoin transactions and get paid in Bitcoins for doing so.The number of Bitcoins available to users is algorithmically limited — meaning the number of new Bitcoins introduced into the economy decreases over time and reaches a cap of somewhere around 21 million.That means that, similar to days on the stock market where there is low trading volume, smaller moves in the market are able to cause greater swings in the value of the Bitcoin.An 8 percent swing in the value of the Bitcoin throughout the day is pretty typical.“All of that volatility comes on an average Bitcoin volume of something like 20,000 per day.If I put in an order for $15,000 worth of Bitcoin right now, I’m pretty sure I could move the market between 5 percent and 10 percent to the upside,” Internet economist Adam Cohen said in a later post on Hacker News.“It’s probably even worse to the downside.

Call me a skeptic, but with that kind of easy price manipulation, I’m not quite ready to denominate my paycheck in Bitcoins yet.” There’s been incredible inflation in the value of the Bitcoin, which reached a price of somewhere around $28 before experiencing a “black Friday.” The Bitcoin then lost around a third of its value but has since climbed back up to around $22 per Bitcoin.The 8 percent swing in the value of the Bitcoin is already nearly an order of magnitude more volatile than the typical stock market, which experiences daily shifts of around 1 percent on a more active day and less so on typical days.Foreign exchange markets also experience a smaller amount of volatility.Cohen said the process of adding new Bitcoins to the market was a way to enrich early adopters and promote usage of the currency, but that puts new adopters and users of the currency at a disadvantage.There are ways to exchange real-world dollars for Bitcoins at the current market price.As the price of the Bitcoin goes up over time, it’s less likely people will want to use their Bitcoins in transactions because they will become too valuable and they will just want to use them as an investment to generate a return.

The whole Bitcoin ecosystem is also inevitably linked to computer systems.That means that any failure in any part of the Bitcoin creation and transaction process could create a crisis of faith in the currency and trigger a “run on the bank” of sorts, where Bitcoin owners try to convert their Bitcoins into real-world dollars before the value decreases any further, Cohen said.And there have been plenty of instances where even some of the best online services like Amazon’s cloud computing have failed for significant periods of time.The best places to buy bitcoins in India are:Once you have your bitcoins, you might want to grow them.In this case, you could try Bitbond and lend your bitcoins to small business owners around the world.I think the best way to buy bitcoins is peer to peer.Join a community of Bitcoin enthusiasts in your area, share know how, and once you establish some relationships with respected members, change buy BTC from them.From my experience they will be more than happy to help.

You can also use Fastest and easiest way to buy and sell bitcoins or another app which connects you peer to peer.The whole philosophy of BTC is to avoid 3rd parties like banks and exchanges, so why not try and make it so :-)Buying Bitcoins is quite easy.All you need to do is find any bitcoin exchange sites or individual selling their bitcoins.The only thing you need to verify is the credibility of this selling platform or individual.We all know that there are people who are deceitful even with any other transaction.Each Bitcoin exchange platform gives you different security features to handle this scenario so checking each of this bitcoin exchange site is a must to suit your individual needs.With the popularity of bitcoins increasing, bitcoin exchange sites are now able to use credit cards as a mode of payment when buying bitcoins.For those who are in the US and who doesn’t have any bank account, they can purchase bitcoin directly using cash.Expresscoin can let you purchase bitcoin as long as you are purchasing less than a $1000 and a US citizen and have a valid phone number.