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How to Use Bitcoin the Right Way

• FreemansPerspective.Com

There's no question that Bitcoin has become a global phenomenon. It has caused a flood of people into the market - ones who didn't really understand what they were buying or how to use it.

Predictably, this influx caused a massive upswing in price, followed by a tremendous crash before starting on its way right back up again.

It's been a speculator's dream. And there will be many more opportunities to come.

But the Bitcoin phenomenon also represents something more. It's something that offers free men and women the opportunity to trade with each other on a global scale - privately and safely without need to rely on fiat currency, an unstable banking system or difficult-to-transport gold. Assuming those people know how to use it correctly.

But, many don't and make common but serious mistakes that can cause their Bitcoin transactions to be tracked and holdings to get lost or even stolen.

But you can avoid these mistakes and learn the best ways to buy, spend and store the digital currency. It's all covered in our report, Bitcoin Best Practice and Big Mistakes.

Here's how to get it free <-- But just till 11:59pm on Friday, June 21

Sincerely,

Thomas Anderson
Editor, Freeman's Perspective
FreemansPerspective.com

PS. Regardless of whether you're just thinking about it, have already started or are already an old pro, Bitcoin Best Practice and Big Mistakes is worth a look.

Here's how to get it free <-- But just till 11:59pm on Friday, June 21

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1 Comments in Response to

Comment by Ed Price
Entered on:

The MoneypakTrader.com domain name at https://moneypaktrader.com/ has been hijacked. You can still get there at https://176.10.36.248/index.php.

MoneypakTrader.com is a reasonably new website set up by a guy who promotes trading Green Dot Money Paks for Bitcoins, and vice versa.

If you try to go to his https://176.10.36.248/index.php website using the Firefox browser, you will probably get the warning that this is an untrusted site. And you will have to go through special steps to get the browser to allow you onto the website.

Now, I don't know if the guy is honest or not. I have never used his service. But more than likely the Green Dot company as gotten court approval to hijack the domain name. Hijacking the whole site might be in the works, but since it seems to be hosted out of Iceland, there might be a few legal hoops that Green Dot will have to jump through before they can do it legally.

According to MoneypakTrader.com, if you are on Tor, "You can PM us within an active order or on Torchat: km6zzhrcgncpq7i2."

Anyway, the Money Pak idea is a terrific method for buying and selling Bitcoins between folks who trust each other. The problem is finding folks that you can trust, and then making the offer. If this is what you want to do, besides MoneypakTrader.com, you can always try Craigslist or Bitmit. But look at MoneypakTrader first, because he has some safeguards in place to prevent fraud.
 


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