Bitcoin

Best Ways to Buy Bitcoin Anonymously Without ID (CC)

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Are you looking to enhance your anonymity while transacting online? Well, you are not alone. More and more people are looking for ways to improve their anonymity while interacting with Bitcoin.Before Bitcoin reached its current popular status, people believed that it was anonymous. But it turns out that it is not anonymous at all, and your transactions can be easily traced back to you especially when you use exchanges.If you are also an individual which is looking to buy bitcoin anonymously, here are a few methods that do not require you to ID yourself: CoinMamasource: Chepicap Coinmama lets users purchase cryptos with their credit or debit cards without asking you to submit any kind of documentation.Purchases are confirmed almost instantaneously and you don’t need to provide verification up to $150 in bitcoin.The limit is not all that high, we known, but keep in mind that most exchanges won’t let you buy Bitcoin at all with a credit card without verification. In some cases, even a selfie with the credit card is required to be able to purchase Bitcoin. LocalBitcoinssource: YoutubeLocal Bitcoins is a start-up established in Helsinki, Finland, which has been operating since 2012. The platform is a P2P Bitcoin exchange which facilitates the connection of buyers with sellers in almost 15,000 cities across the world.Here, sellers meet their buyers online and make a trade offline. The payment can be made in cash or the money can be sent via wire transfer, PayPal, SEPA or direct bank deposit (all depending on the seller).However, you are required to register using your email ID, but you can simply avoid this using an email you don’t use.All the fees are established by the sellers, and Local Bitcoins serves as an escrow manager. BitQuick Another way to of making purchases by using cash is with BitQuick, where you deposit your payment into your seller’s bank account.Similar to LocalBitcoins, BitQuick is a marketplace where buyers and sellers can post their offers and settle deals. Once the agreement is made, the seller transfers their bitcoins to BitQuick, which acts as escrow.The buyer will then receive the seller’s bank account information; after which he must deposit the amount of cash that they agreed upon in the account. When the seller receives the payment, they alert BitQuick, and BitQuick transfers the bitcoins to the buyer. Wall of Coins Another P2P exchange which lets buyers and sellers post their offers, Wall of Coins also lets users make cash purchases. No ID is required for using the service, just a valid phone number which is used for SMS verification. This option is available for users that live in the following countries: The United States, Canada, Argentina, The Philippines, Latvia, Poland, Germany. Mycelium Local TraderMycelium Local Trader is a feature which is built into the Mycelium app, a popular bitcoin mobile wallet. The feature uses your phone’s location to connect you to nearby traders, generating a list with sellers that are also using the app.The buyer and seller then establish where they can meet in person to make the exchange, and there is no need for IDs or verifications in order to use Mycelium. Bitcoin ATMsBitcoin ATM works like a regular ATM, but the difference is that you are getting another currency.All that you have to do is put your cash into the machine and provide the address for your Bitcoin wallet. Verification is not a part of the buying process, which makes this one of the best option for purchasing BTC privately,To locate the nearest Bitcoin ATM to you, you can check a map online.The biggest disadvantage of Bitcoin ATMs is that they are one of the most expensive buying methods, charging anywhere from 5 to 10 percent. If privacy is the thing you are most worried about, then you may care about the fee so much. If not, check just how much you’re paying compared to the current Bitcoin price to see just how much you will be spending. ShapeShift ShapeShift is another exchange which does not require ID verification for purchasing Bitcoin.ShapeShift doesn’t even ask for an email and no account is required. But this method involves you owning altcoins such as LTC/ETH/DASH/etc. in order to be able to exchange them with BTC. If you already have altcoins, then you can buy bitcoins in an instant without verification.Conclusion These have been our options which let you trade without having to provide ID. But if you want to make larger traders, some of these exchanges will require account verification to allow the trade, but that still leaves you with P2P trading and ATMs.Featured images: Chepicap, Youtube


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While it could be argued that investing in Bitcoin is certainly a risk, Cameron Winklevoss, – one-half of the famous Winklevoss twins – believes that it’s not as risky, or as he puts it “crazy” as waiting on the sidelines.

The Winklevoss brothers are known for their bullish ways, especially when it comes to Bitcoin (BTC); and today is no exception with Cameron offering his famous rhetoric on the #1, encouraging speculators to jump in and invest.

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Update From New York City’s Blockchain Week

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For the last five years, every spring CoinDesk has been hosting its blockchain technology conference Consensus in New York City. The idea is to bring together the top brands and developers in the cryptocurrency and blockchain spaces to learn what’s new and what’s next. The event has grown to include the surrounding Blockchain Week, which includes both official and unofficial events thanks to the volume of attendees.

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Regulation

Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019

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The central bank of Russia believes that the draft bill on crypto regulation is prepared enough to be adopted in the spring of 2019, local news agency TASS reports on May 22.

Olga Skorobogatova, first deputy governor of the Russian central bank, has stated that the bank expects the crypto bill, “On Digital Financial Assets” (DFA), to be adopted during the spring session in 2019 in accordance with the order of the country’s president, Vladimir Putin.

Speaking at a recent meeting of the Parliament, Skorobogatova argued that the DFA, as well as a draft law on crowdfunding and other crypto-related bills, are at a “sufficiently high degree of preparedness” to be adopted during the session.

The official has also emphasized that all those draft laws are “crucial for the country and will allow for the implementation of new projects.” Conversely, Russian prime minister and former president Dmitry Medvedev had…



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Goldman-Sachs Backed Circle Blames ‘Restrictive’ US Laws for Layoffs

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Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base?


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Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend

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Wednesday, May 22 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark again.

Market visualization courtesy of Coin360

Bitcoin is down over .5% on the day, trading at $7,850 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 1.83%.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

This week, Cointelegraph reported that CME Group, the second global exchange to list bitcoin (BTC) futures, is about to record the biggest trading month for BTC futures trading.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $26.9 billion. The second-largest altcoin, XRP, has a market cap of $16.5 billion at press time.

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