Buy Gift Cards With Bitcoin For Your Favorite Store Or Restaurant

Buy Gift Cards With Bitcoin For Your Favorite Store Or Restaurant

by | Dec 22, 2017 | Bitcoin, Cryptocurrency, News

Did you know that you can buy Gift Cards with Bitcoin for a plethora of stores and eateries? eGifter.com sells eGift Cards from over 250 national brands in the US.

“eGifter is a web and mobile app that lets you buy eGift cards for yourself or give them to your friends via email or your favorite social network. You can add an animated eGreeting card, personal message and video. You can even invite others to chip in, making it a group gift!”

You can always “cash out” of your Bitcoin and cryptocurrencies on exchanges like Coinbase or get a Bitcoin debit card. But sometimes it is just as convenient to get a gift card for your favorite store.

Did we mention they have a rewards program for customers? 100 eGifter points is equal to $1. You can get 1 eGifter Point for every $1 spent with a credit card or PayPal. BUT for every $1 spent with Bitcoin you get 2 eGifter Points!

 

Card Options:

“eGifter uses BitPay to process bitcoin transactions. All bitcoin transactions are secure. Transactions may take up to 30 minutes to process*.”

We purchased some eGift cards from eGifter to see how easy it would be to pay with Bitcoin. We were very pleased with our results.

Try eGifter!
Monero Is Now The Only 100% Anonymous Cryptocurrency

Monero Is Now The Only 100% Anonymous Cryptocurrency

by | Sep 30, 2017 | Bitcoin, Dash, Facts, News

A new blockchain analysis firm has released surprising news about Dash and ZCash. There is only one true anonymous cryptocurrency on the market at this time, and it is Monero.

BlockSci, a new blockchain analysis firm, has successfully traced transaction from beginning to end on both DASH and ZCash. This is bad news for these blockchain projects as their biggest focus and value add is anonymity. Now this is technically gone.

The good news is that they were not able to trace transactions on Monereo. Monereo’s level of anonymity and obfuscation is still impenetrable.

MONERO Is Still 100% Anonymous. 👍

From themerkle.com:

Criminals flocking to other cryptocurrencies may want to think twice about those as well. As BlockSci’s whitepaper explains, there are very few cryptocurrencies which have eluded their scrutiny. One of those currencies is Monero, as it provides a degree of anonymity and obfuscation the group has not been able to crack just yet. Monero is officially labeled an “unsupported blockchain due to it not following the one-input one-output paradigm.” That is an interesting point which shows how Monero may be the only cryptocurrency providing full privacy and anonymity right now.

Some people may wonder how Monero is any different from Dash or even ZCash in this regard. While it is true the latter two cryptocurrencies have focused on privacy and anonymity to a degree, their implementations are far from perfect. BlockSci describes how they successfully traced both ZCash and Dash transactions from beginning to end, regardless of features like PrivateSend. This is anything but good news for people who value these currencies for their privacy or anonymity features.

In reality Dash and ZCash user don’t have to worry much. It would be expensive to hire a blockchain analysis consultant to track transactions on these privacy centered blockchains. Just know it can happen.

We still think Dash and ZCash are great. Even if transactions can be traced, it’s still a blockchain asset protected by cryptography. No one can take your crypto assets without your private key.

About Monero:

Have You Heard The BITCOIN ALL THE WAY UP Song By Jeff Berwick?

Have You Heard The BITCOIN ALL THE WAY UP Song By Jeff Berwick?

by | Sep 13, 2017 | Bitcoin, blog, Video

Most of us have heard about Bitcoin’s tremendous gains over the spring and summer of 2017. It feels like it was just yesterday when we were writing about Kim Dotcom predicting a $2000 Bitcoin, which it of course reached and has now touched $5000.

Jeff Berwick of the Dollar Vigilante and Anarchapulco conference has released a video in celebration and anticipation for what Bitcoin will do next.

Check it out:

BITCOIN ALL THE WAY UP – The Dollar Vigilante feat. Freenauts

Berwick decided to lay down his track over the popular song All The Way Up by Fat Joe, Remy Ma, French Montana, and Infared.

Freenauts joins Berwick in this epic Bitcoin track. They lay down solid rhymes and call out some of the people behind the most popular fiat money schemes.

We wanted to make sure this awesome video is on our blog. We suggest you share it on your social media and create a cd for your car with this song as every track. 😁

Did you know Steemit has a new video application called DTUBE? It stands for Decentralized tube and the videos are posted on the STEEM blockchain. The videos are stored and hosted on IPFS, a distributed file sharing and storage system.

Watch Bitcoin All The Way Up on DTUBE

If you haven’t heard about STEEMIT or you haven’t joined yet, what are you waiting for?

Steemit.com is the world’s fastest growing decentralized social media platform. Steemit connects to a robust blockchain database called Steem. This blockchain database distributes rewards in cryptocurrency to the users who bring the best content (blogs, comments, videos etc.) to the Steemit site.

We put all of our blog posts on Steemit under @bitcoinshirtz. Make sure to follow us!

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Preparing For The BIP 148 Bitcoin Fork – How To Protect Your Digital Assets

Preparing For The BIP 148 Bitcoin Fork – How To Protect Your Digital Assets

by | Jun 20, 2017 | Bitcoin, blog, News

BIP stands for Bitcoin Improvement Proposal. On August 1st of this year Bitcoin will experience a BIP called a user activated soft fork (UASF).

The fork attempts to do 2 main things. It will implement SegWit and patch a security vulnerability on the Bitcoin Core software known as CVE-2017-9230.

The implementation of SegWit is a big deal and very political in the Bitcoin space. Many are for it and many are against it. Basically SegWit believes the solution is to the Bitcoin scaling challenge is to change how blocks are stored. It will creates smaller blocks more often. More details on SegWit.

Hard Fork vs Soft Fork

Both hard forks and soft forks both describe ways to update the Bitcoin core wallet software.

A hard fork is a permanent divergence in the blockchain, while a soft fork is a temporary divergence . BIP 148 is technically a soft fork.

Trace Mayer & Jeff Berwick Discuss The BIP:

 

How Should You Prepare?

You should prepare for BIP 148 by creating and storing your own private keys. It is also suggested to perform your own network consensus by running a full-node.

This means you should move or make sure your Bitcoin is in a wallet that A. gives your total control of your keys and B. supports the BIP 148.

Here is a list of wallets that support the upcoming Bitcoin improvement proposal:

  1. 09 Apr 2017 – Electrum
  2. 09 Apr 2017 – Samourai Wallet
  3. 11 Apr 2017 – Coinkite
  4. 12 Apr 2017 – Coinomi
  5. 22 May 2017 – GreenAddress
  6. 24 May 2017 – Ledger Wallet
  7. 27 May 2017 – Mycelium 
  8. 28 May 2017 – Electrum 
  9. 29 May 2017 – Airbitz 
  10. 09 Jun 2017 – Bitgo

 

What About Exodus?

Exodus is one of our prefered wallets at BitcoinShirtz. They have yet to fully support the BIP but Exodus users retain full control of private keys, so they should be good to go.

Exodus is designed to allow you to control your own wealth. With this control comes the ability to make decisions for yourself and also have 100% control over your funds – this includes Bitcoin and all assets.

Exodus gives the power to you as a user to decide how you want to proceed in the case of a fork. No matter the decision of Exodus, the software is designed to give you the user total ownership and full autonomy over all assets.

Unlike an exchange or hosted wallet, Exodus gives you the user full control of your private keys. With these private keys you will be able to retain control of both sets of coins when and if a fork takes place.

Since Exodus is a light-wallet that depends upon information from other services like ShapeShift, BlockCypher, and Bitpay Insight Exodus is dependent upon their decisions. Until we know the position of each service, we are unable to give a firm position.

Again, we want to stress, the power of Exodus is it gives you the user 100% control over all assets. No matter what Exodus as a company decides to do in a fork situation you always have and maintain full control and management of your assets.

Last updated: Tuesday, May 30th, 2017

Source 

Read more about the BIP 148 and UASF on uasfguide.com