Ultimate Bitcoin Thread
Hello MM community, welcome to your one-stop shop for all your Bitcoin questions. We've had some fruitful discussion elsewhere on this forum but MM and I wanted to make one single thread where users can easily find answers to all of their Bitcoin questions.
Here are the most important facts you need to remember about Bitcoin:
- Two steps! If you don't already have Bitcoin, there are two steps that you must take. First you must exchange dollars for Bitcoin, and then you must send the Bitcoin to us. Many exchanges, most notoriously Coinbase, make you wait on the first step before you can go on to the second one, so watch out for that.
- Copy and paste! If you get very comfortable with the Ctrl-C and Ctrl-V (Cmd-C and Cmd-V on Macs), then everything about sending Bitcoin will be much easier. If you copy and paste both the wallet address for your order and the exact amount of Bitcoin requested, everything will go much more smoothly.
- 1 order, 1 wallet. Every new order you place with our site has its own unique wallet address associated with it. Make sure it lines up every time! If you try to pay a new order using a wallet address from an older order, the payment won't process correctly.
- Bitcoin Cash is NOT Bitcoin! Many exchanges now offer to sell you Bitcoin Cash (BCH) in addition to Bitcoin (BTC). They are not the same thing! If you send BCH to a BTC wallet you will throw your money away. Don't let this happen to you, if you have any doubts about the currency you're sending, check with me first.
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