Dogecoin Creator Responds to Moolah Bankruptcy with Additional Concerns Bitcoin AnnouncementsBitcoin ExchangeBitcoin Merchants Taiwanese Can Now Buy Bitcoin at 2986 Family Mart Convenience Stores Thanks to BitoEx Caleb Chen Advertisement: BitoEx has a new solution for buying Bitcoin in Taiwan that will be familiar to Taiwanese Bitcoin users.“Things have changed in the last 6 months,” according to Jason Gatewood.Gatewood has filmed a descriptive Youtube video that details the buy process now available to 20+ million Taiwanese.Some countries and continents, such as Africa, are getting Bitcoin access through existing mobile payments services.In other parts of the world, the e-banking community is ready to interact with companies that provide services for Bitcoin companies in Bitcoin purchase agreements, allowing banks to serve as Bitcoin gateways.Around the world, the preferred financial systems are being leveraged by local Bitcoin companies to provide on ramps to the Bitcoin world in whichever way is most familiar to natives.

For East Asia, convenience stores are a lot more convenient than foreigners might think.It is possible to pay all of your bills at a Family Mart, or at Family Mart’s largest competitor: 7 Eleven.Other Taiwanese Bitcoin exchanges include Maicoin, which has been in operation for longer than BitoEx.Also read: Indonesians Can Now Buy Bitcoin at over 10,000 IndoMaret Stores Check out this video detailing the buy process at Family Mart: [divider]CCN[/divider] Taiwan: The Convenience Store Capital of the World For years now, Taiwan has had the highest number of convenience stores per capita for any country in the entire world.bitcoin card coinbaseAt these stores it is possible to use free wireless internet, pay bills, buy phone cards, eat all three meals, etc.buy litecoin fastThe use of convenience stores for all types of daily activities – for convenience – is only rising year after year; both Family Mart and 7 Eleven post record profits in Taiwan.6 ths bitcoin miner

Even rural mountain villages will have one convenience store; in contrast, a standard city block will often have two or more.The Bitcoin community in Taiwan is growing, and the new BitoEx deal is the world’s first audible Bitcoin pop in Taiwan.The Taiwanese Bitcoin community has put up Bitcoin machines despite Taiwanese government opposition.As Gatewood states on Reddit: …there’s a real movement here, and it isn’t just one person.bitcoin ap styleThere are a lot of people who want to move crypto forward here in Taiwan.bitcoin playgroundMore than I expected, coming from Japan.mine litecoin androidDo you use Bitcoin in Taiwan?bitcoin hur köper manPlease share your story in the comment section below!mua bitcoin online

We now know who bought all the US Government’s Bitcoin.Bitcoins.VC Tim Draper, who lists Skype, Hotmail, Tesla, Baidu and Box amongst his impressive investments, in its raid on Silk Road last year.That’s roughly $US17m if he offered the $US580 it was trading at on Friday, the day of the auction.And if so, Draper’s already about $US1.8m richer on the deal going by the current price of $US640.So, lucky him.Sadly, I’m not in the position to drop $US17m on cryptocurrency, and I don’t live in the US.I looked at the bidding process to see if it was open to non-US citizens, but I had a lot of work on, and the kids were about to knock off school for holidays.bitcoin difficulty newsI had a lobster pot to fetch before a big swell that day buried it in sand.Basically, I want some Bitcoin, but not so much that I can bothered with the process of getting it.I tried, once, back in October when all things BTC really started heating up.

That process only really just ended a couple of weeks ago – and nearly cost me around $10,000.Before we go into how that happened, if you’re a Bitcoin veteran, you’re not going to get much out of this other than a few laughs at my shoddy attempt to understand the technology behind mining cryptocurrencies.I took on my new career with the same tools that suck me into most new projects – a combination of Google, a ropey excuse to buy some toys and a complete unwillingness to bother with any finer detail that might derail my enthusiasm.I absolutely got what I deserved.Here’s what I learned.And before you go on, please note nothing of what you are about to read is in any way intended as investment advice and doesn’t take into account the financial situation or objectives of any one individual.That’s important.The catalyst was BI US executive editor Joe Weisenthal's 'Bitcoin is a joke' post.I skipped over all the important warnings and saw only 'It could go to $US500 or $US1000 or $US10,000.'

Immediately I learnt I needed a wallet.I chose Blockchain mainly because it got the most favourable reviews.There's several ways and several Wikis to show you how to a) use your own PC to join a pool, or b) buy a mining rig and go it alone.It looked too hard and I needed BTC, stat.I click on a few ads and there's 1 BTC?At the time, that 1 Bitcoin was trading at the easiest $345 I'd ever made.There were plenty of options, but all of them involved me handing cash over the counter at a NAB branch.I ordered four and jumped in the car.Because I could buy several decent laptops for that kind of money, right?And spend maybe an hour a day clicking on ads across them all.And that's what I did - instead of handing $2000 over at the NAB, I found a couple of $400 bargains at a 50% off sale.(They're actually really nifty.)Although I had to explain to my wife why the kids were suddenly gifted a laptop each.In fact, the way it was rising, I could have doubled my money if I'd stuck with my plan to buy the four Bitcoin.

So I lined all the PCs up and had a look at mining proper.After working with a bunch that didn't seem to be sending on the proceeds, I settled with BitMinter, mainly because the Java applet was pretty and showed me I was really doing something.Check out that hashrate!My biggest payout in a week was roughly 10c.Time to hire some serious muscle power.There was a rush on to buy dedicated rigs and I wanted in.It's only a month away!(PDA warning - I have the most trusting wife ever and I love her for that.)Clearly this guy had ordered a couple of machines and was flogging one for a bit of a profit to help pay for his own.His feedback checked out fine, so apart from my prejudice in regard to the dodgy grammar, I gave him the benefit of the doubt.Contract mining is simply a way of buying into someone else's processing power.You can buy share of mining for a day, a week, years even.If you can find the right balance between the time you buy, the price you pay and processing power, it's pretty attractive.

And it almost did... for the first three weeks.A little over a month later, the payments started to dip.And the time between the payments began to widen.I sent an email asking what was going on, but never received a reply.I wasn't too worried - even at the reduced time/rate, I'd still be ahead early into my contract.Actually a good result, because more powerful machines wouldn't be shipped until at least April, which gave me three months of BTC mining at the high end of production before getting swamped by better rigs.Note I even called him mate.Remember, this was not a regular eBay purchase - it was $8495.I'd spent less on a Toyota Hilux earlier that year, which was by now the second love of my life.Time for a complaint to eBay and hopefully, a resolution.But here's where it got tricky.I'd bought an item that I was always likely to be waiting more than 45 days for, given a week's grace for late delivery.It sounded like a great scam - sell items that won't be delivered until after the dispute resolution period ends.

They told me my bank might be able to help out.I still wanted a miner (I still do), so I was okay with that.My wife certainly was.And a big shout out to Paypal and St George, who worked quicker than I ever imagined they would.Which so far has run for 30 weeks, and returned 24 payments totaling 1.16436 BTC - about $730.I'd got into the deal under the assumption I'd have 6 Bitcoin by now, but I'll be unlikely to have even half that by the end of my two-year contract.But it is still extremely difficult to garner BTC if you live outside US or Europe, where there's quick and easy access to machines and any number of banks willing to process cash for BTC transactions.You can build your own rig, sure, and it's not beyond regular folk.But there's a lot of maintenance involved and you have to constantly upgrade your equipment.So if that hasn't completely destroyed your interest in cryptocurrency, here's a few things I can share that I would do differently now, and probably still will: Keep it simple.

If you're confident, just jump in, go hard, then sit back and wait.Mince around, be indecisive and try to hedge your bets and you'll lose.That means just buy a rig, the best that will stay the best for up to six months.Or buy a lump sum of BTC and forget about it.If you're buying expensive equipment, stick with the known retailers who have a significant online presence.That sounds obvious, but it's not so simple when you feel like an opportunity's passing you by.Make sure your payment processor (and account it's linked to) has buyer protection built in.And although I didn't know I had buyer protection at the time I paid for my rig, I did hunt around and make sure the guy I was buying off was real before committing to the sale.I wasn't as nervous about losing my money as certain significant others in my life were.Also, alternative currencies now number in the hundreds (probably thousands).You can mine them too, but they're mostly worthless and you can have a lot of fun simply by buying into a few for hard cash online.