Bitify - Bitcoin and Litecoin Marketplace and Auction Site

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream submitted by jameslwalpole to btc [link] [comments]

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream submitted by jameslwalpole to Bitcoin [link] [comments]

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream

How eGifter and Gift Card Marketplaces Are Taking Bitcoin Mainstream submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Cash Is Still the Best Cryptocurrency with the Brightest Future

In these dark times, with bitcoin cash (BCH) losing value seemingly every time you look at it (current $120), some might question their support or wonder if they made a mistake in choosing bitcoin cash.
It is true that you would have more value in fiat had you never bought and held BCH at any time since the great fork: it's valued lower than ever before. To add insult to injury, it is also true that bitcoin cash has been losing value faster than competing coins - at least since the fork.
These are my reasons for continuing to support the coin, despite the storm.
FIRSTLY Bitcoin cash is the most usable of all cryptos. Usability is mainly a combination of merchant adoption and transactability (speed and cost). There is no other coin, save BTC, that has a wider level of merchant adoption. The best thing is that merchant adoption of bitcoin cash is on the rise, which is something that really can't be said for many other coins.
My personal favorite businesses (by no means complete)
Name Type URL
OpenBazaar Epic decentralized marketplace https://openbazaar.org/
purse.io 20-30% discounts on Amazon https://purse.io/shop
Keys4Coins keys for digital software (Steam etc.) https://www.keys4coins.com/
CheapAir Flights and Hotels https://www.cheapair.com/
Overstock.com Kinda like Amazon, but with a cooler owner https://www.overstock.com/
eGifter very fast digital gift cards for most major retailers https://www.egifter.com/
BitPay payment processor, making it all possible https://bitpay.com
Coinbase payment processor, bank, trading platform https://coinbase.com
Acceptbitcoin Merchant listings https://acceptbitcoin.cash
Marco Coino Merchant listings https://www.coinline.co.nz/marco-coino/
Coinmap Merchant Listing for BTC (many accept BCH) https://coinmap.com
SECONDLY Bitcoin cash is committed to maintaining high transactability forever: "cash for the world", eventually enabling 50 transactions/day/person on earth. When you lose the ability to spend your money, or the friction of spending increases, your coins become worth less by at least the amount that a transaction costs, and actually by more still, because the counter party knows that they will be stuck with hard-to-spend coins and will be less willing to accept them. Bitcoin cash is among the very best coins with reliably high transactability, and the only one which is also a decentralized cryptocurrency. This gives me confidence that my coins will be as usable now as they will be when I pass them on to my children.
Here's a comparison of some of the main coins, tx fees, confirmation times, decentralization status.
coin decentralized current median tx fees / USD Settlement time/s
BCH yes 0.0041 instant settlement or 1 block
BTC yes 0.168 27 cents to be included within 2 blocks, no instant settlement
LTC yes 0.0069 2.5 min block times
XRP no 0.0048 fast
THIRDLY Fast paced development by multiple teams with a common road map that I agree with. I put this one last because it is the least interesting to users of the coin, but is incredibly important for the long term outlook. Bitcoin cash isn't aiming to be banker coin or statist coin like some of our less idealistic challengers. The developers aren't changing the road map to please regulators or appease governments or protect IP, like some of the recent defectors.
Here are some bitcoin cash full node implementations to take a look at
Project URL Notes
BitcoinABC https://www.bitcoinabc.org/ The first and most popular
BitcoinUnlimited https://www.bitcoinunlimited.info/ nearly got BTC to increase blocksize back in the day
BitcoinXT https://bitcoinxt.software/ Started by Mike Hearn, still a great project
Parity https://github.com/paritytech/parity-bitcoin/ Written in Rust
Bitprim https://www.bitprim.org/ High performance node
Bchd https://bchd.cash/ My favorite, written in Go
Bcash https://bcoin.io/ javascript
Copernicus https://copernet.io/about Another client written in Go, recently mined a block
All things considered, there's good reason why bitcoin cash is one of the top coins.
However, Houston, we have a problem:
There is a social attack against bitcoin cash. We now not only have one group of people antagonistic to our road map (BTC maximalists) but also a more recent and well funded group (BSV maximalists). Together they are spreading a lot of FUD among the cryptocurrency community. Try not to get into heated arguments with them, you won't convince anybody and will just end up frustrated. Point out the positive things about BCH and don't be afraid to say why you like it.
Several exchanges are still not trading BCH. Most notably RightBTC and EXX which were both in the top 10 for BCH trading volume before the fork. We've been set back by the FUD surrounding the fork, not by the fork itself. Let's work to correct this!
To the future!
EDIT formatting, corrections to exchanges no longer supporting BCH
submitted by sqrt7744 to btc [link] [comments]

Master List of Discount Gift Card Retailers

Master List of Discount Gift Card Retailers
This link-packed ebook is intended for people looking for the best-kept secrets on the web for buying bulk Amazon, Walmart, Best Buy and other national brand gift cards at the highest discounts—accounting for speed, quality, volume and risk.
Executive Summary
  1. Buy gift cards on marketplaces
  2. Buy gift cards with bitcoin
  3. Fill out online surveys for gift cards
  4. Buy directly with people online
  5. Buy directly with people offline
  6. Arbitrage gift cards on Amazon
  7. Swap other gift cards for Amazon
  8. Buy gift cards from retail stores
  9. Earn gift cards for online work
  10. Daily deals websites
Bonus Knowledge

Executive Summary

This article covers some of the many ways to buy discount gift cards. We focus a lot of attention on Amazon gift cards since they are the largest retailer in the world and has the 2nd most gift cards in circulation. We have either purchased or researched in depth most of the sites on this list to come up with some conclusions about the fastest, safest and cheapest places to buy discount gift cards. Please remember, there is no one best place to find gift cards, the goal is to give you options.
The lowest-risk gift cards with the lowest discounts are directly from that brand and at grocery stores and other retail locations (CVS, Safeway, Walgreens, etc). You will also find these 0% offers from 3rd party e-code generators like eGifter and BitPay. You can usually buy instantly and they are guaranteed forever.
Slightly higher risk are the old-school secondhand gift card exchanges like CardCash, CardPool, Raise and others. They offer very small savings up to 5% off the top brands. You can pay with a credit card and they guarantee the card for up to a full year so you can gift them as gifts much easily.
The highest discounted gift cards are on peer-to-peer bitcoin marketplaces with users from many different countries, like Paxful and LocalBitcoins. This also comes with the most risk and the highest amount of work. These platforms have lower regulation and majority of the trades are conducted in non-USD currency.
Finally, there is an emerging category of crypto gift card exchanges that also use bitcoin to offer the same discounts as peer-to-peer marketplaces, but they have more advanced protections in place for buyers and sellers. Sites like Redeeem and Purse.io fall into this category because they can offer larger discounts on gift cards and other products but they use technology to cut out the negotiating. Cards are guaranteed for minutes, hours or days here, so this isn’t the best for gifting.
Your savings (and profit margins) will depend largely on your risk tolerance, length of time you are willing to get paid, country where you are located, capital available, ability to buy alternative forms of currency (like bitcoin), the ability/willingness to ship physical products, overall time commitment, and many other factors.

1. Buy gift cards on marketplaces

Redeeem. Save 15% or more on bulk Amazon, Walmart and Best Buy gift cards with auction-style pricing buying with bitcoin. They have great support and great reviews.
CardPool. Save 3-5% on hundreds of brands, including Best Buy, Target, iTunes and Lowe’s. They send the card directly to your email inbox or via USPS in 3-7 days.
CardCash. Gift card marketplace that buys unwanted gift cards for less than their value and resells them at a discount to savvy shoppers across the country. Save 3-5% on hundreds of brands, very similar to CardPool.
Gift Card Granny. This is a nice resource because they link to the sites that have the best deals, unfortunately they don’t index many of the bulk discount sites.
Raise. One of the biggest in terms of volume. Discounted gift cards to hundreds of national brands such as Target, Southwest, Uber, Home Depot, etc. However, discounts are minimal here, ranging from 0-3%.
CardCookie. A great site with great potential—currently offering 5-10% discounts but not very high volume yet. Keep them bookmarked.

2. Buy gift cards with bitcoin

Redeeem. Redeeem is a great option for buying Amazon gift cards at 20% discount or higher using bitcoin. Unlike Paxful or LocalBitcoins, they manually validate and guarantee every gift card sold on the platform and have an easier buying experience. But you will have to trade during market hours (they are only open 8 hours a day).
BitPay. Raised over $72 million from investors, they’re the largest bitcoin payment processor. Download the app to buy Amazon e-codes fast at 0% discount.
Paxful. With 300+ currencies to trade, Paxful’s peer-to-peer platform with millions of users in Africa offers likely the best discounts for gift cards, but there are a lot of scammers (and yelling) so be careful. You may find yourself with a lot of stolen/invalid cards and trade disputes with money at risk.
LocalBitcoins. LocalBitcoins lets you buy and sell bitcoin in over 248 countries. Like Paxful, this comes with high risk and high reward. Every trade starts with a listing, similar to Craigslist, and the platform is strictly peer-to-peer.
Purse. Save 10% or more on Amazon when you pay with bitcoin, or dropship products (including gift cards) to people to earn bitcoin.
CardBazaar. An online secondhand gift card marketplace where you can buy and sell unwanted gift cards for cash or bitcoin.
Bidali. A bitcoin payment processor that competes with BitPay and offers full-priced e-codes from Amazon and other retailers.
eGifter. One of the best way to buy eGift cards quickly for friends, family and yourself without hassle. Choose from hundreds of top national brands. You can personalize your gift with an animated greeting card, photo or video greeting.

3. Fill out online surveys for gift cards

Survey Junkie. offers a massive inventory of paid surveys. Each survey is assigned a point value (most between 100-200 points) and estimated completion time. Once you accrue 1,000 points (around $10) you can cash out with a gift card.
Beer Money on Reddit. This a Reddit group dedicated to making some cash on the side. Don’t know much about it.
PointClub Surveys. You can earn points for completing paid online surveys. When you have enough points, you can redeem them for cash or the gift card of your choice. Gift cards can either be digital or real cards sent to you. It's that easy!
OpinionOutpost. You can earn cash and rewards for the time you spend taking online surveys with points you can redeem for cash or gift vouchers to popular brands.

4. Buy directly with people online

Reddit. Reddit is used by a ton of gift card traders, but you have to be familiar with the platform and have some karma on there before using it seriously. Otherwise, your listings will just get filtered out by their algorithms. If you go in there moving quickly without reading their rules carefully you will likely get banned.

5. Buy directly from people offline

Craigslist. As you probably know, you can get anything on Craigslist. But like Paxful and LocalBitcoins, it requires a lot of negotiating and there are scammers galore. The only deals worth doing are small volume with trusted local partners.
Facebook Marketplace. Although this wouldn’t be my first choice due to the randomness, there are a lot of gift cards on Facebook Marketplace—a growing platform.
eBay. Older than time itself, eBay earns millions of dollars a day in gift card volume. They are fairly warm to buying and selling physical gift cards but they are cracking down on e-codes. The downsides here are shipping costs and eBay/PayPal fees which add up to over 10%. There are also a lot of international buyers on eBay taking advantage of currency exchanges, which inflates prices of gift cards above their face value. It’s an expensive place to find gift cards—but always there.

6. Arbitrage gift cards on Amazon

Amazon is unique in a lot of ways. One way in particular is that they let you buy other brands of physical gift cards with your Amazon credit balance—such as Nordstrom, Southwest, Nike, Starbucks, Google Play, iTunes, Best Buy, Lowe’s, Sephora, Hotels.com and dozens more.
This opens the door for people to buy gift cards on Amazon and then sell them to CardCash, CardPool, Raise, Paxful, Reddit, LocalBitcoins, Redeeem, etc. The risk, believe it or not, is that Amazon loves shutting down people’s accounts with gift card balances frozen inside. So don't let your balances get too high and try to mimic normal behavior that doesn’t make you look like a large dropshipping business (e.g. ship to yourself, buy other products too, have a real phone number and billing address on file, etc). There are also hard quantity limits on how many gift cards you can buy for each SKU on Amazon.
Your profit margin will depend on how you get Amazon credits, your ability to keep your Amazon accounts in good health, and the rate at which you sell your cards to gift card marketplaces (some let you choose your own rate, others have fixed rates), and the speed and method you want to get paid (check, ACH, bitcoin, PayPal, etc).

7. Swap other gift cards for Amazon

CardCash Amazon Exchange. This is a cool resource that CardCash built alongside Amazon to allow customers to swap out other national brands for Amazon e-codes for a small fee. The rates are comparable to what they have on the main CardCash website and the e-codes are delivered within 24 hours. It’s a cool way to jump from one brand to another if you want Amazon gift cards in particular and have another.

8. Buy gift cards from retail stores

Retail Stores. There are hundreds of physical retail store locations where you can buy physical gift cards in person (the link points to Amazon retail locations). You pay full retail price but it’s fast, safe and reliable—and you can earn 3-5% cash back with certain credit cards like Amazon Prime card.

9. Earn gift cards for online work

Mechanical Turks. Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace that makes it easier for individuals and businesses to outsource their processes and jobs. This will require a lot of work, but you can get paid in Amazon gift cards.
Swagbucks. You can redeem a Amazon Gift Cards by using the Swagbucks you earn through playing, searching, discovering, answering, watching or shopping on websites that are trying to sell you things. Not very profitable but can be fun.

10. Daily deals websites

Groupon. Although not as popular as when it first launched in 2009, Groupon is still used by millions of people to get discounts on stores, experiences and even gift cards like Amazon, Walmart and Best Buy. There is also a gift certificate category that has similar offers (sorry, we couldn’t find anything similar on Living Social).
Amazon Daily Deals. Amazon has daily deals on many categories of products as high as 20% discount. On some occasions they will slash prices on gift cards. Amazon Treasure Truck. Amazon has a Treasure Truck that they drive around many of their Whole Foods locations they use to promote Amazon Video shows and offer 10% discount deals on food, clothing and tech.
Gift Cards.me. Simple app, good reviews, worth a try. The discounts aren’t very spectacular, but they claim to have fast gift card delivery.
Nimble Commerce. Not sure how long they’ll be around, but worth a shot.

Bonus Knowledge

On the back of your gift cards, check all the stores where that brand is accepted. For example, gift cards for Gap also work at Old Navy, Banana Republic, Athleta and Piper Lime. Walmart gift cards work at Sam’s Club, Amazon gift cards work at Whole Foods, and Albertsons gift cards work at Safeway, Vons and a dozen other grocery store chains in the same family. Make sure you know these sister-company store policies before you buy a brand.
One limitation you may find with many stores like Amazon, Walmart and Best Buy is that they have per-product purchase limits. Obviously you can create new accounts or ask friends and family to buy products for you, but some products have gift cards under many different SKU numbers—like a Christmas and Birthday version. There are also limits set for each of these individual items, not the gift card category as a whole.
Finally, based on the U.S. government regulations, the maximum amount of gift cards that can be purchased in a 24 hour period by a single person $10,000. So please keep this in mind when you are out there shopping.
Good luck, be honest, and happy trading!
Bonus Resources

https://preview.redd.it/k4k2l6aa0du31.png?width=543&format=png&auto=webp&s=203b7485b312ae7a693e10222b93eba723586918
submitted by levi_d-19 to Redeeem [link] [comments]

An update from eGifter regarding the way we store passwords.

Hi again, bitcoin - you guys have kept us busy this week.
On Wednesday we added Walmart eGift Cards to our marketplace, allowing users to buy groceries with Bitcoin, as well as opening up a method to purchase gas with Bitcoin.
Yesterday, an astute redditor performed a "Forgot Password" request on our site and noticed that we were not using best practices for storing passwords for non-social logins (if a user did not sign in with Facebook, Google+ or LinkedIn). We rolled out this non-social login feature recently and did not give it the attention it deserved - as a result, we made a mistake in our implementation of password storage, by encrypting passwords with 3DES rather than hashing them. We set out to fix this immediately and did what any self-respecting tech team would do: pull an all-nighter and completely rewrite the way we manage user passwords.
We are now hashing passwords using bcrypt and keeping only the hash, consistent with modern day best practices. If you have forgotten your password, you'll be sent a link with a short-lived token allowing you to reset the password. We rolled this change out to our site and existing accounts earlier today.
We appreciate getting feedback like this from a tech-savvy community - your comments are continually helping to shape and improve our site and app. On top of that, you're giving us great ideas about what gift cards to add to our catalog, and we're actively pursuing more brands that we think you guys are going to love.
We take your privacy and security very seriously, and hope our quick turnaround in this situation restores some of the Bitcoin community's confidence in us.
Thanks for reading... we're going to get some sleep now.
— The eGifter Team
submitted by eGifterJon to Bitcoin [link] [comments]

What is bitcoin missing?

As bitcoin is growing day by day, new marketplaces are popping up. Example services like eGifter which allows you to buy gift cards etc.
What else do you think is missing to get more people onboard bitcoin and grow the currency.
I'm exploring ideas myself to help bitcoin grow into something great, but keen to know other peoples ideas.
Discuss.
submitted by risebit to Bitcoin [link] [comments]

For Sale: $100 Lowes.com eGift on cryptothrift

For Sale: $100 Lowes.com eGift on cryptothrift for cryptocoins
Tags: coupon, discount, ecard, egift, eGiftCard, Giftcard, Lowes
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: 5 X $100 Starbucks eGift card on cryptothrift

For Sale: 5 X $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: $100 Starbucks eGift card on cryptothrift

For Sale: $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: card, coupon, discount, egift, free egift starbucks, gift card, Restaurant, starbucks, Starbucks card
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: 5 X $100 Starbucks eGift card on cryptothrift

For Sale: 5 X $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: basspro 100$ eGift card on cryptothrift

For Sale: basspro 100$ eGift card on cryptothrift for cryptocoins
Tags: basspro, BITCOIN, egift, gift
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: $100 Applebee’s eGift on cryptothrift

For Sale: $100 Applebee’s eGift on cryptothrift for cryptocoins
Tags: applebees, coupon, discount, ecard, egift, eGiftCard, Giftcard, Restaurant
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: gap 50$ eGift card on cryptothrift

For Sale: gap 50$ eGift card on cryptothrift for cryptocoins
Tags: BITCOIN, egift, gap, gift
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: $50 Xbox eGift Card USA on cryptothrift

For Sale: $50 Xbox eGift Card USA on cryptothrift for cryptocoins
Tags: egift, gift, Xbox
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

[ANN] getBspendB.com, the new way to BUY and SPEND bitcoins!

Introducing: getBspendB, the new way for you to GET and SPEND bitcoins!
getBspendB is a marketplace that connects bitcoin "Spenders" and bitcoin "Buyers" by leveraging Amazon wishlists. By creating a platform for Buyers to easily, safely, anonymously, and quickly purchase bitcoins, the Spender gains wide selection of Amazon merchandise at BELOW FIAT prices.
So how does GBSB work?
  1. First, the Spender creates an Amazon wishlist and shares the wishlist link featuring delicious coconut water priced at $26.99 with GBSB. The price is calculated and discounted (at 4% during beta), so the order will cost $25.91 or ฿0.2029*). If Spender's account balance is sufficiently funded, the order will be place in the orderbook for Buyers to grab.
  2. Bitcoin Buyers shares with GBSB how much BTC he wants to buy. GBSB returns him several similarly valued options to choose from. Buyer then purchases the products in the wishlist and selecting the Spender's hidden ship-to address (known only to Amazon).
  3. Amazon ships the items directly to the Spender. Buyer provides the tracking number to GBSB and Spender for an ETA.
  4. Upon receiving, Spender confirms with GBSB that package has arrived, and the bitcoins (minus a 5% fee) are released from escrow. Buyer can then withdraw the bitcoins to his private wallet, or use it as he wishes.
Seems kinda complicated you might say. There are so many parties involved in this single transaction.
Our Implementation focuses on the user experience. We aim to make the entire transaction eat no more than 20 minutes of each user's time. GBSB aims to be a fresh and unconventional method of exchange, that addresses several problems in the bitcoin ecosystem.
Currently available options for Buyers
It's too difficult to acquire them and buy things with them.
-theymos, admin of bitcointalk.org
It has only gotten harder since.
  • Traditional exchanges like BitStamp and MtGox are easily the cheapest methods of purchasing bitcoins in volume. However, an international wire costs at least $50 in wire and deposit fees while taking 2-5 days before reaching BitStamp. This high barrier prevents anything less than several thousand dollar transactions economical. The long paper trails and heavy scrutiny may be an additional concern for customers that value privacy. Policy transparency vary between exchanges: BitStamp provide timely warnings for customers to accommodate for regulatory conformity, while MtGox has been less inclined to disclose their situation.
  • Fixed rate meta exchanges such as the US based Coinbase takes advantage of the ACH system to remove the transfer cost completely. The 1% fee makes Coinbase a top choice for US buyers after the initial gauntlet. ACH has higher fraud risk than wire transfers, so Coinbase wisely minimize that risk by curating clients through ever-increasing levels of personal information verification steps, limiting customer purchasing power, and delivers bitcoins some point between 3-60 days (average is closer to 7 for the first time user). Occasionally clients report of being declined after days of waiting or frustration over verification steps. Coinbase's operation is highly opaque, with security holes that by pass limitations, sudden changes due to manipulation, and knee-jerk policy changes without warning. Coinbase however is backed by Silicon Valley big shots, so they are well funded enough to absorb the cost of the occasional mishap.
  • Since regulatory pressure tightened, the most recommended and fastest growing exchanges are decentralized exchanges, namely localbitcoins. The unqiue ability for closely proximate bitcoin traders to meet in person and safely trasact using good old cash. They help build personal relationships and trust between traders and provides an outlet for newer users to learn from more experienced ones. Of course, there is the occasional awkwardness, or the nearest seller being 3 hours away, or the insurmountable fear of leaving your basement (it's okay, we understand). Localbitcoin's online exchange is another method that offers any payment option imaginable by hundreds of bitcoin sellers online at all times. Prices vary, methods vary, user honesty also vary. This is perhaps the only major exchange at the moment that preserves anonymity of trades resonably well today. The reason for their success, is the same for bitcoins. Decentralization; peer-2-peer. I am a huge fan of localbitcoin and often traded there. However, their seemingly weekly feature updates, unintuitive UI and choice of words make navigation a bit tedious.
The GBSB Experience - Buyer
getBspendB is partly modeled after localbitcoin's decentralized nature, but serving a different purpose and offers many advantages over localbitcoin from Buyers' perspective. A fixed rate and fewer standardized options won't force Buyers from learning about all the different payment methods, or choosing between vendors based on their rate and reputation. The process needs only 20 minutes over 3 vists to the site, and 2-3 day wait to become the newest proud bitcoin user. Buying bitcoins is now literally as easy as shopping on Amazon.
  1. First visit requires registration, and selection a wishlist of suitable value to purchase for. Confrm the purchase after paying (Protip: Amazon Prime is your friend) and come back when Amazon has shipped.
  2. The second visit simply involves pasting the tracking number so everyone knows package ETA.
  3. Once package arrives, Spender confirms, Buyer logs back in one final time to withdraw the bitcoins.
Currently available options for Spenders
actual stuff selling for cheaper than dollars, rather than for more money than dollars
-nanotube, founder of #bitcoin-otc and Web of Trust, in private IRC conversation
The purchasing power of bitcoin has significantly improved in the past several months. 3 new types of "general stores" like Amazon have emerged on the scene.
  • The oldest is bitcoinstore. Users generally report competitive prices but tedious user experience. Bitcoinstore is in a unique position to be the Amazon of bitcoin, but they do not seem to be making an effort to improve the UI and search functions of the site, making potential savings less desirable. The sophisticated bitcoin users understand that time = money.
  • Another class of options is the all4btc and the defunct bitspend.net model. These services allow users shop as they normally would on their favorite sites, but rather than buying via credit card, they'd submit the item to these services, which return with a price in BTC to pay including an added processing fee for their effort to manually purchase the item for the customer. A more serious flaw of these businesses is an issue of unproven security and additional party to trust with your personal information. All4btc claims a 5% fee, but a quick test using same coconut water resulted in an invoice of ฿0.3672* or $46.08 in market USD cost. It wasn't clear as to what caused 70% markup, but the average US bitcoiner who probably has credit cards (or access to gift cards) has no economic incentive to pay any additional fee. There was a fee to buy bitcoins, so certainly there shouldn't be another to spend them. All4btc does have a seemingly cool chrome plug-in that can simplify purchases, but I got an error while trying to install so was not able to test. Bitspend is now defunct, partly due to their quick success and unscalability. Because orders were processed manually, the appearance of security and professionalism brought in enough customers that they were more often offline, waiting for mtgox withdraws. Abusing Amazon Prime TOS, Chase credit card benefits, and endless money cycling basically forced the bank to close their accounts.
  • Finally, several gift card vendors like gyft and egifter opens up many great merchants, including Amazon, to bitcoin consumers. Users comments are generally very favorable. The only drawbacks are the additional middlemen, smartphone app is sometimes required, and the bitcoins are likely converted directly to USD thus not actually expanding the bitcoin economy. Selection is wide enough such that if one dares to risk most of his net worth in bitcoin, he can at least stay alive.
    *rate of $125. 
The GBSB Experience - Spender
Because merchants benefits form near zero transaction costs of bitcoin and zero fraud risk, the reputable and competitive merchant must reduce the price (about 5%) on items paid in bitcoin. Given the hassle and cost of acquiring bitcoins, zero premium is still an uneconomic choice for the consumer. This lack of economic benefit is the sole barrier preventing bitcoin from becoming the glorious currency it should be. We aim to keep the fee low enough so that it's always cheaper for Spenders to replaced spent coins from exchanges in order to create a deep market for Buyers.
Remainder in comments
Or get on the list now!
submitted by getBspendB to getBspendB [link] [comments]

For Sale: $10 Amazon.com Gift Card (sent via email/PM) on cryptothrift

For Sale: $10 Amazon.com Gift Card (sent via email/PM) on cryptothrift for cryptocoins
Tags: AMAZON, cards, certificate, egift, gift
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: 5 X $100 Starbucks eGift card on cryptothrift

For Sale: 5 X $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: 5 X $100 Starbucks eGift card on cryptothrift

For Sale: 5 X $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: $100 Starbucks eGift card on cryptothrift

For Sale: $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: 5 X $100 Starbucks eGift card on cryptothrift

For Sale: 5 X $100 Starbucks eGift card on cryptothrift for cryptocoins
Tags: coffee, egift, promotion, starbucks, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

For Sale: $50 Amazon Gift Card 30% Off Fast Electronic Delivery on cryptothrift

For Sale: $50 Amazon Gift Card 30% Off Fast Electronic Delivery on cryptothrift for cryptocoins
Tags: AMAZON, Amazon.com, egift, electronics, gift card, voucher
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

Buy bitcoin with Amazon gift card ( ecode) 4 Sites That Sell Gift Cards for Cryptocurrency (One w/ Deep Discounts) BitCoin MarketPlace SGC eGifter - Buy Gift Cards With Bitcoin HOW TO BUY BITCOINS? THE BEST EXCHANGE & MARKETPLACE.

World's largest Bitcoin marketplace and auction site. Buy online with Bitcoin securely using our secured escrow service with up to 30 days buyer protection. Bitcoin Gift Cards. Bitcoin gift card is sort of a blanket term. It covers exchanging your gift cards for Bitcoins, and vice versa as well. In this article, we will focus only on the former that is, exchanging gift cards for Bitcoins. Shop our Crypto Marketplace for Giftcards. Stores like Amazon, Bestbuy, Gamestop, Xbox, Starbucks, Home Depot. The peer-to-peer bitcoin exchanges offer anonymous ways to buy and sell bitcoin with numerous deposit methods. Here are our top rated P2P bitcoin marketplaces. LocalBitcoins.com – Buy bitcoin from someone local with localbitcoins.com acting as an escrow. Local.bitcoin.com – Bitcoin Cash exchange with no KYC and end-to-end encryption and CoinCola is the best place to buy Bitcoin with Gift Card. It is easy and convenient and supports virtually all of today's popular Gift Cards like Amazon Gift card, iTunes Gift Card, Google Play Gift Card, and more. Change your unwanted Gift Cards into Bitcoin today! SOCIAL MEDIA.

[index] [18066] [6874] [3905] [29942] [28573] [5415] [23720] [11858] [20548] [24791]

Buy bitcoin with Amazon gift card ( ecode)

how to buy bitcoin,buy bitcoin,buy bitcoin instantly,buy bitcoin on paxful,how to trade bitcoin,paxful school,p2p finance,bitcoin marketplace,bitcoin,cryptocurrency,paxful buy bitcoin anonymously ... How to redeem any gift cards to bitcoin on paxful... Best way to change your gift cards to bitcoin - Duration: 13:12. Chameleon073 Tube 18,119 views Today I will be show yall how to buy giftcards with your bitcoin or other cryptos such as ETH, LTC, DASH and DOGE. Enjoy! Bitrefill Referral: https://www.bit... This video will show how to use the marketplace PAXFUL to buy Bitcoins many different ways. You can use gift cards, Paypal, Western Union and even your debit card to get your bitcoins quickly ... One of the most popular payment method for the underbanked, buying bitcoin with unused gift cards sits among the top payment methods on peer-to-peer bitcoin marketplace.

Flag Counter