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Showing 6 of 6 results by lentil-soup
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Topic
Board Beginners & Help
Re: hey newbie here
by
lentil-soup
on 29/05/2013, 12:19:20 UTC
Welcome!
Post
Topic
Board Beginners & Help
Re: Newbie Five Post Thread
by
lentil-soup
on 29/05/2013, 12:18:19 UTC
This is just silly.... I don't even see a conversation!
Post
Topic
Board Beginners & Help
Re: Hello everyone
by
lentil-soup
on 29/05/2013, 12:17:04 UTC
Hello! Welcome!
Post
Topic
Board Beginners & Help
Re: Is miningunited.com a SCAM, turning .1 bitcoins into .137 for almost free?
by
lentil-soup
on 16/05/2013, 18:00:46 UTC
Why does your website redirect to BTCCheap.com?
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Topic
Board Beginners & Help
Re: Please explain this to a total newbie
by
lentil-soup
on 08/05/2013, 19:53:35 UTC
Yes. Coinbase is very easy to use. Set up a free account, link a verified bank account, go to the merchant tools and check the box that says "instantly convert to USD" (or whatever it says), make sure the "Keep at least xx BTC in my account" box is unchecked. Now, anytime someone sends bitcoins to that address, they will be sent to your bank account at the end of the day at the exact value that they were when they were sent to you, minus a 1% + $0.15 fee. It's really super simple.

For example, if you make 10 $10 USD sales throughout the day, you will get $100 - $1.15 = $98.85 USD sent to your bank at the end of the day, regardless of the value of BTC.

I hope this helps!
Post
Topic
Board Beginners & Help
Re: ASIC BFL. is the end of the BTC?
by
lentil-soup
on 08/05/2013, 19:45:17 UTC
Nope. It makes bitcoin stronger and more valuable. The more someone has to invest in creating the coins, the less they'll be willing to part with those coins on the cheap, therefore the value rises. ASICs are definitely a good thing for Bitcoin.