A site which facilitates P2P Bitcoin sales by allowing users to list their own buy/sell advertisements. It makes it very easy to run your own bitcoin-cash exchange. It also allows online transactions and offers escrow and other security services, as well as a reputation system for buyers/sellers. The site boasts exchangers from 240 countries and 7392 cities. Exchanges Bitcoin Map Bitcoin OTC LocalBitcoins.com web site LocalBitcoins.com affiliate program LocalBitcoins.com APISend bitcoin to Local from any external wallet My Official Bitcoin walletIs there are any way to use bitcoin or alternative crypto-currency in local network? I have small home network without internet and have an idea to have a local currency to encourage theMy local bitcoin ATM is a local Bitcoin ATM operator and exchanges money for Bitcoin virtualYesterday, UK based Bitcoin news site Miningpool.co.uk released the results of a study on bitcoin use in the UK.
According to their results, LocalBitcoins.com is the most used site to buy bitcoins in the UK. The study reveals that LocalBitcoins has 41.7 % of the P2P exchange market, and is the most popular way to acquire bitcoins in the country. The most surprising fact of the study, however, is that only 13% thought governmental regulation of bitcoin to be bad and a whopping 48% think it is a good thing.
A few respondents are cited as saying regulation should encourage bitcoin usage and improve it s public perception. Yesterday with the release of the BitLicense, the state of New Yorks regulation framework for cryptocurrency, the industry receive one of it s first regulations squarely designed around cryptocurrency. It remains to be seen what the effects are on the bitcoin ecosystem. The study also looked at how UK residents use bitcoins, and the majority said they were acquiringBitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank. If you are new to Bitcoin, check out We Use Coins and Bitcoin.org. You can also explore the Bitcoin Wiki : Community guidelines Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word Bitcoin are usually off-topic. This subreddit is not about general financial news.Bitcoin[note 5] is a payment system invented by Satoshi Nakamoto,[note 6] who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary.:4 Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses its own unit of account, also called bitcoin.[note 7] The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed.[note 8] Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is calledBitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment.