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BitCoin for Musicians. Simple guide on how to enter. screenshot
I have withhold this subject for too long, even though i've been actively supporting BitCoin a few years now.

You may think it doesn't concern you, just like i did, but even if it feels that way now, mark my words, it will concern everyone on this planet very soon.

I will keep this post to a minimum and i really recommend everyone to get acquainted with it.

Disclaimer: further writing should be treated as my personal opinion based on what i've learned in three years and nevertheless may be completely wrong. I will not argue about it and will try to retrain myself from comments.
I am not calling anyone to repeat what i've done. I urge you to do your own investigation before making any decisions.


I'm not a big fan of technicalities, so at this point i'll just insert a few lines from wikipedia:
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.


Now, in my own words, what we have here is probably the greatest invention the world has ever known (after music of course) and that is because BitCoin represents the most powerful, material tool - money; and for the first time in history, this material tool cannot be controlled by government, because it's based on blockchain (which is similar to how torrents work, but more complicated).

The fact that someone could even put this idea into air - that's what made me want to support it. This idea is so brilliant and right and beautiful and admirable that i didn't even thought about any income back when i bought a few coins for 800$ and just a few years later the price for 1 BitCoin hit 20.000$. And that is, my friends, a fucking 2400% growth!!!
So, if you would invest 1000$ in 2016, you would have 25000$ in 2018.

Some might say that its price has dropped in recent months, "the bubble has blown" - well, you just don't understand how market works. It happened before and will happen many times after; it's just a simple price correction which is required before hitting new highs, and by most humble predictions BitCoin will be worth at least 40k this year, while there are many optimists like John McAfee who promised to eat his own dick on national TV if BitCoin doesn't reach $1 million by 2020.
Needless to say, it will happen. And i'm not talking about dick eating.

Richard Branson, 50 Cents, Bill Gates, The Winklevoss Twins (facebook), Rockefellers, George Soros - those are just a few names you may know, who already invested in BitCoin.
and you can join them, just by following a few simple steps.



How to
Now, the easiest and safest way to buy BitCoin is CoinMama.


It's simple, fast and trustworthy. If you don't want to dive into specifics and just want to make a small investment - this is your best option.

The cheapest, but most advanced option is to buy crypto at crypto markets like Binance. You will find many tutorials on youtube and after a few days of learning you probably will be confident enough to make your first bet.
However, most markets require complicated identity verification, which may take from 1 week to 2 months.

Finally, you can find someone selling bitcoins near you, using localbitcoins.com.
This would be the most dangerous option as people do crazy shit for money and last time i checked - the fees are much higher that what you can get with CoinMama.


Where to
Once you chose how you want to acquire BitCoin, you need to find where to store it.
1. The simplest option is blockchain.info online wallet. I wouldn't recommend it personally, but it's definitely more proven than any other online wallet.

2. What i would recommend is software called Electrum, which is available on all platforms and will keep your savings safe.

3. But if you're going big, you must get a cold hardware wallet.

Whatever you choose, carefully follow the installation procedure, read everything and make sure you securely store your passwords and the seed.


What to
What to do next? - Nothing. You don't even need to follow the news really. To some i'd say you even shouldn't, because a lot of traders raise panic just so you'd sell your investments for low price, like right now (9k), when smart people are actually buying.
The first rule of trading is to Buy Low and Sell High.

And you'll know when it's time to sell - it will be everywhere, people will talk about it all around you.

Still, if you want to have a guide in the world of crypto currencies, i can recommend you this YouTube channel.
I followed many channels, read lots of news from different sources, but in the end unsubscribed from all of them and just following DataDash now.

I'm not associated with Nick in any way and the first impression i had when i saw him was like "what a pimply teenager", but trust me, this is the guy you want to follow.


Now, once again, a reminder: I'm not your financial advisor, I will not argue with you about BitCoin and I will not reply to questions about it.
I couldn't write this post for so long because lately i can't dedicate even an hour for this, but i had to do it because too many people asking about it and right now might be your last chance to buy BitCoin for price below 10k.


Before 2018 i was never interested in investing into something just to make money.
I said to myself "what's the point" - I have a job that i love and i even get paid for that job; but seeing this possibility of growth, you have to ask yourself how can you let this chance pass by you.


Interesting Reads and Videos:



Silicon Valley Billionaire Tim Draper Calls Bitcoin The Most Secure Place to Store Your Money

comments

  Resident 10.08.2010 1 61
+14
Thanks for breaking this down in a point that i could understand. most FAQ's have been way to Techie, great info.
  Resident 8.08.2011 410
+44
Conversely, had you invested $20,000 in 2017, you'd now have $10,000.

All the get rich quick investors came and went. Now it's like any other commodity, except for the fact that there is *nothing* backing it. Why are none of the other blockchain coins doing as well? Because this is the one that people chose to gamble on.

Real estate is the current bubble. If you got in a few years ago (like I did), you can make some serious money this year. It will tank in the next year or two, I'm hoping I'm in a position to invest in it again then. I'm not going to make any absurd claims about 2400%, but I should see 40-50% in gains, in something I lived in. (Meaning, it was a normal expense that everyone would have.)

BTW, John McAfee is insane and is just looking for an excuse to eat his dick.
  Resident 31.07.2017 18
+7
Note that all crypto currencies are nothing but a virtual pyramid scheme! I have made money out of it, but I only invested throw away money and I got that back, so if you do get into the game, you should only invest an amount which wouldn't affect your life/finances a great deal, if any!
Do not get into debt to invest, much like shorting stocks, it's based on the theory of BS!
For a start, the largest banks which you could argue control the richest countries, will not let these sort of currencies succeed as it's direct competition to them, they make money with every transfer, might be pennies/cents, but you add billions of transactions and it becomes a massive amount of money. You already use virtual currencies at the moment every time you make a paypal payment, or use your credit/debit card.
So, if you have some throwaway money, you could play the lottery, or invest in some of these cryptocurrencies, they may go up in value, or may disappear altogether, but at least, you won't lose lots of money!
  Resident 10.02.2010 1 19
+16
I also have an issue with Saints point above

" what we have here is probably the greatest invention the world has ever known (after music of course) and that is because BitCoin represents the most powerful, material tool - money; and for the first time in history, this material tool cannot be controlled by government,"

Which is great in principle. If transactions can be made without paying tax, it's great for me on one level as things will be cheaper. But it's less good when there is no money to maintain the roads, collect my rubbish, keep schools and hospitals open etc.
  Resident 25.12.2017 1 485
+158
your point would be valid, django, except for the fact that taxes could easily be circumvented and everything could be kept financially afloat in *many other fashions. This has been seen in many societies through the history of civilizations that demand large institutions that take care of The Masses. Now, whether the government is willing to take the dive and retire to the shadows and keep society moving along as opposed to profiteering off of the people it is supposed to serve, that is the question; my bet is the governments response to the idea of merely acting as public servants instead of gangsters & pimps would be a savage bout of hysterical laughter.
Just my Anarcho/Socialist-Libertarian opinion....
"Rap is a gimmick, but I'm for the Hip Hop, The Culture." - Method Man -
  Resident 8.08.2011 410
+44
quote by Iwantaudioz
So, if you have some throwaway money, you could play the lottery, or invest in some of these cryptocurrencies, they may go up in value, or may disappear altogether, but at least, you won't lose lots of money!


This is something that stuck out, as I wanted to expand on my post and mention that.

This site itself bills itself as a way for poor musicians to try software. I use it to try things before I buy them (and I've also shared a number of things in the past.) If you've got money to invest, you should also be paying for the software you use. The developers deserve to get paid, as they invest their time (LOTS of it, in most cases) to make the things we see here. Aside from a few of the majors, most of the people involved in making software do it because they want to, and could easily make more money elsewhere.

If you have plenty of money to spare *because* you don't pay for your software, then by all means.. invest it in BitCoin, and let karma sort it out.
  Resident 31.07.2017 18
+7
In fact I do own all the software I get full use out of it, I spent thousands over the last 5-6 years! I own the latest Cubase Pro, Reason, NI Komplete Ultimate, Spire and few other plug ins and sample packs.
I started using cracked versions many many years ago, as soon as I could afford it, I would buy it. Nowdays, if I like something and I am using it regularly (music or other software), then I buy it. More often than not, I have become an e-horder of software/samples by downloading so many, many of which will never get used.
  Resident 1.10.2013 4714 8494
+47819
Bitcoin is gone, the future is for RUBL!
  Member 11.03.2016 147
+21
bitcoin is like gold, comparatively.
it's gonna remain the reference for other cryptos.
maybe keep investing in BTC, ether and XRP for now.
  Resident 28.01.2016 1 246
+145
Thanks for the contribution SAiNT, but I don't think this belongs in here.
Regardless, it's your site so you can whatever you want with it, especially if it says "get at least 400% revenue by the end of the year" which is obviously not going to happen, especially with bitcoin. And anyone who has been following cryptos know that it surely looks like a scam.
Having testimonials doesn't mean anything as well, bitcoin has made its course and there aren't going to be any miracles.
Returning to whether I consider this post/info appropriate for the place it's been posted to, let's remember that it's quite ironic to encourage people investing in cryptos when we all have used warez without paying the people who actually made them for us to "steal".
Maybe investing in the software we use should come first.
But as I already said your site, your rules.
⠞⠓⠑ ⠞⠗⠥⠑ ⠃⠇⠊⠝⠙⠝⠑⠎⠎ ⠊⠎ ⠝⠕⠞ ⠃⠑⠊⠝⠛ ⠁⠃⠇⠑ ⠞⠕ ⠎⠑⠑ ⠃⠑⠽⠕⠝⠙ ⠺⠓⠁⠞ ⠽⠕⠥⠗ ⠑⠽⠑⠎ ⠁⠗⠑ ⠺⠁⠞⠉⠓⠊⠝⠛
  Moderator 21.01.2012 986 9136
+49551
rhino, there is another logic possible: Once you get money (how ever be it with crypto currency or not) then you can pay your software...
  Resident 28.01.2016 1 246
+145
That's hardly going to happen, but I understand what you are saying even if I strongly disagree with it.
⠞⠓⠑ ⠞⠗⠥⠑ ⠃⠇⠊⠝⠙⠝⠑⠎⠎ ⠊⠎ ⠝⠕⠞ ⠃⠑⠊⠝⠛ ⠁⠃⠇⠑ ⠞⠕ ⠎⠑⠑ ⠃⠑⠽⠕⠝⠙ ⠺⠓⠁⠞ ⠽⠕⠥⠗ ⠑⠽⠑⠎ ⠁⠗⠑ ⠺⠁⠞⠉⠓⠊⠝⠛
  Resident 20.05.2016 90
+41
I can't figure out what should i do after getting 400% revenue back, to buy UL/RG account for lifetime or to legally buy warez !!!
One good thing about music, when it hits you, you feel no pain. - Bob Marley
  Resident 23.12.2009 2 785
+165
legally buy warez ?
  Resident 1.10.2013 4714 8494
+47819
He mean to buy R2R releases
  Member 15.01.2013 23
+1
Never trusted bitcoin, and never will. From what I have heard from serious sources, too many dirty business related to drugs, weapons and illegal sex rely on payments done in this "currency". If you watch the documentary "An Open Secret", about child abuse in Hollywood, you'll learn at the end that people who were involved in the scandal now invest their fortunes in Bitcoins. Probably, it is good for the pederasty business. I do not think it is morally acceptable to take part in this bubble which may make such despicable people richer.
  Member 13.05.2015 1 24
+18
That's why I don't use oxygen, because the degenerates in the world do. They also use regular money as well, which is why I trade in alien piss flaps. As far as I know, no bad guys use this currency yet.
  Resident 23.12.2009 2 785
+165
also interesting:
http://steemit.com
http://dsound.audio
  Resident 15.09.2011 1 2292
+769
I see Bitcoin as a way to fight the banking system as it is, and I like anything that works against the current greedy as fuck banking system. All banks should go out of job. Rotten, greedy, fucked-up wankers.

So I agree with SAiNT. It is not going to go away and the whole world will be thankful for that at some point, I think.

Down with the banks!
"The real hopeless victims of mental illness are to be found among those who appear to be most normal." - Aldous Huxley, Brave New World Revisited
  Resident 14.05.2014 81
+62
Damn tons of hate in here.

Say what you all will but blockchain technology is the future. Bitcoin may die and fizzle away sure, but blockchain and other projects will florish. To all those saying this space has fizzled out and its a scheme and blah blah. Ill drop by to laugh here during the next bull run. Right now bitcoin is $7549.... Talk to yall later
"Set the controls for the heart of the sun"
  Resident 8.08.2017 1 64
+55
People hate what they don't understand. I've been on this ride for many years and we're still early. Projects are just now starting to gain some momentum, and I'm not even talking about Bitcoin.
  Administrator 1.01.2004 284 1059
+16472
correction - people afraid of what they don't understand and sometimes they hate what they're afraid of.
  Moderator 21.01.2012 986 9136
+49551
Thousands of years of "civilization" we are still there .....
We could burn sorcerers and witches again
  Member 16.05.2018 6
0
37 millions in bitcoin just go stolen last week. Which can not happen on a fund in your bank, insurance company...
  Resident 8.08.2011 410
+44
quote by Danny JoonMusicDamn tons of hate in here.

Say what you all will but blockchain technology is the future. Bitcoin may die and fizzle away sure, but blockchain and other projects will florish. To all those saying this space has fizzled out and its a scheme and blah blah. Ill drop by to laugh here during the next bull run. Right now bitcoin is $7549.... Talk to yall later


So, a month has gone by. How much have people made? Oh. It's lost another $1000USD in value.
  Member 26.10.2016 4
0
I just got 3 letters for you guys XRP... Google it... You'll thank me in a month or so...
  Resident 23.12.2009 2 785
+165
how do you earn XRP?
  Resident 23.12.2009 2 785
+165
PEERTRACKS (made over 100 $ there already ...)

CHOON (quite new....)

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