Pay with Bitcoin, Ethereum and Ripple (XRP) on Expedia

Big News: Pay with Bitcoin, Ethereum and Ripple (XRP) on Expedia

Big News: Pay with Bitcoin, Ethereum and Ripple (XRP) on Expedia submitted by Pandora_Key to ethtrader [link] [comments]

Crypto Travel Website Travala.com Works Alongside Expedia To Help Users Pay With Bitcoin

Crypto Travel Website Travala.com Works Alongside Expedia To Help Users Pay With Bitcoin submitted by BaWro to CryptoCurrencies [link] [comments]

People been telling that you can pay with bitcoin at Expedia.com for hotels !! I been trying to book a hotel with expedia.com and pay with bitcoin and is not possible. Someone done it before?

???
submitted by sanlazaro2 to Bitcoin [link] [comments]

Does anyone have recommendations on a travel site to use for hotels? Expedia no longer accepts bitcoin! It says they do on their site but once you go to pay you can’t pay with bitcoin. When we called Expedia none of them knew anything about it and said they aren’t accepting bitcoin.

submitted by D_sharp10 to Bitcoin [link] [comments]

I just booked a hotel room on Expedia and payed with Bitcoin

I was already planning on getting a room today before I heard about Expedia accepting Bitcoin. Good timing. The experience was extremely easy, as you would expect from Coinbase.
Edit: *paid
submitted by buttonpincher to Bitcoin [link] [comments]

Tried to pay with Bitcoin @ Expedia... no option given. Anyone know how to?

Anyone!?! Coinbase if your listening, what's the dealio?
submitted by DrewBlahDee to Bitcoin [link] [comments]

43,000 Businesses trust Coinbase to Integrate Bitcoin payments, including Dell, Expedia, Overstock, Time, Mozilla, Dish, Time... Do you know (or do you wish) if it will be possible to pay, in the short or medium term, with Litecoins, at these businesses ?

Or Coinbase Exchange (GDAX) will be "only" to trade LTC/BTC and LTC/USD ? Do you know if Coinbase mobile (Android and iphone) and web wallet will be available for Litecoins?
submitted by notsogreedy to litecoin [link] [comments]

Does anyone have recommendations on a travel site to use for hotels? Expedia no longer accepts bitcoin! It says they do on their site but once you go to pay you cant pay with bitcoin. When we called Expedia none of them knew anything about it and said they arent accepting bitcoin. /r/Bitcoin

Does anyone have recommendations on a travel site to use for hotels? Expedia no longer accepts bitcoin! It says they do on their site but once you go to pay you cant pay with bitcoin. When we called Expedia none of them knew anything about it and said they arent accepting bitcoin. /Bitcoin submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Anybody having trouble paying with bitcoin on expedia.com?...

For some reason I cant book a hotel on expedia.com with bitcoin. I have done it in the past but it is just giving me an error.
It says, Connecting to coinbase now...
Then it comes back and says: "Sorry, there is an issue with payment information"
Anybody else having this issue or know a solution?
submitted by Otisdic to Bitcoin [link] [comments]

I didn't pay Expedia with Bitcoin just now, but I chose Expedia because they accept Bitcoin.

I didn't pay Expedia with Bitcoin just now, but I chose Expedia because they accept Bitcoin. submitted by binghamtonbitcoin to Bitcoin [link] [comments]

Tried to pay with Bitcoin @ Expedia... no option given. Anyone know how to? /r/Bitcoin

Tried to pay with Bitcoin @ Expedia... no option given. Anyone know how to? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Stay away from Expedia if you plan on paying with Bitcoin

Hello folks,
Just wanted to give you some warning as to dealing with Expedia.
I booked my hotel stay though them using bitcoin, no issues booking the stay. They have the ability to take money and it works.
However, the fun really began when I cancelled my booking. When I first cancelled the website didn't have an option to cancel so I called in to customer support and had them cancel.
When I spoke to a human they had a very hard time even finding my booking. Even after giving them every confirmation number and order detail as visible on the website and in email, it was apparently very hard to find this booking. After they had cancelled it they informed me that I would need to wait up to 5-10 business days to get my refund, and that's their standard policy.
Needless to say, 5-10 business days went by with no refunds, and the booking page in the account never showed a "cancelled" status to the stay.
Over the course of 5 weeks I've spent almost 24 hours on hold and trying to get them to give me a refund. After 4-5 hours on hold and escalating I would eventually reach someone who would promise to get the refund done and call me back in a few days to confirm. Of course, no one would ever return my calls and I would never be able to reach these "managers" who I spoke to again.
Every step of the way the agents were beyond unhelpful and lied about how bitcoin works and tried to get me to hang up by being on hold between agents for an hour at a time. They absolutely have done everything to steal my bitcoin and charge me for a stay that they cancelled long ago.
At this point they have violated every possible policy of their own regarding payments, refunds, and bitcoin. They have not followed any step of the process and come up with random things I need to provide in order for them to continue the refund.
If anyone knows someone at the company that is capable of doing something as basic as refunding a booking, a way I can escalate this to someone useful, or of any way I can sue them, I would appreciate it.
tl;dr Expedia stole my bitcoin and refuses to refund my money.
submitted by juggies to Bitcoin [link] [comments]

Anybody having trouble paying with bitcoin on expedia.com?... /r/Bitcoin

Anybody having trouble paying with bitcoin on expedia.com?... /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can I pay with Bitcoin on expedia.ca?

If not. Other alternatives for Canadian travellers? Thanks
submitted by dunand to Bitcoin [link] [comments]

Stay away from Expedia if you plan on paying with Bitcoin /r/Bitcoin

Stay away from Expedia if you plan on paying with Bitcoin /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[Guide] How can I buy stuff online in Lebanon?

Can I use the old USD in the bank (lollars) to buy online?

Most banks have very low internet limits. We're talking about $15-$20 per month limit. It is expected that all banks decrease this limit to 0 soon.
That being said, banks are not treating customers equally. You might have a better internet limit than other people. Call your bank's call center and ask about your internet limit.

Can I use my LBP card to pay online?

Banks stopped all fx transactions (changing from LBP to USD). So the answer to this question is 99% of the time no.
That being said, banks are not treating customers equally. You might have a better internet limit than other people. Call your bank's call center and ask about your internet limit.

Amazon/Expedia/Steam/Other website is showing the items in LBP and the invoice and total are in LBP, can I use my LBP to pay it?

No. Amazon and other websites show their invoices in all currencies around the world depending on where you're opening the website from. They only accept USD. When you click to purchase, Amazon will attempt to bill your card in USD. Your bank will refuse to exchange from LBP to USD and the payment will be declined.

How can I purchase stuff online?

Fresh USD Account
Blom Bank: https://www.blomretail.com/retail/bank-accounts-lebanon/fresh-money-accounts
Bank Audi: https://www.bankaudi.com.lb/externalaccount
Byblos Bank: https://www.byblosbank.com/personal/accounts/current/
Fresh Money Account or External Account is a bank account that has real USD, unlike old/regular bank accounts which have lollars in them. (Lollars are Lebanese Dollars aka Dollars stuck in Lebanese banks, aka Dollars in bank accounts before October 2019)
Open a fresh USD account in your bank and request a debit card for internet usage from this account. You can use this new debit card to pay online. Basically you go to the bank and give them cash USD and they allow you to use the same amount online.
Internet Cards
Blom has Visa Mini prepaid card.
Anyone can request this internet card, you don't need to have an account with the bank to take it. The card costs $10 annually. Basically you go to the bank or ATM and give them cash USD and they allow you to use the same amount online.
Open a bank account abroad
You can open a bank account in another country and request a debit card and use it without limitations.
You can use online banking services such as Transferwise
You can use Bitcoins
You can purchase bitcoins locally using LBP or USD and use them to buy stuff online.
How to pay for Air Tickets, Netflix, Steam, VPN, and other services using Bitcoin in Lebanon
Gift Cards
Contact gaming stores such as
OLX and similar apps:
Lebanese Businesses that accept cash here and buy from online websites:
EDIT: Adding things mentioned by users in the comment section
submitted by ThePerito to lebanon [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

WHAT ARE BUSINESSES ACCEPTING AMONG CRYPTOCURRENCIES AS PAYMENT -Mickael Mosse, Blockchain and Cryptocurrency Expert

WHAT ARE BUSINESSES ACCEPTING AMONG CRYPTOCURRENCIES AS PAYMENT -Mickael Mosse, Blockchain and Cryptocurrency Expert
A useful activity to get closer to a new situation is relating it with real and daily things. Maybe, if you have read those “For Dummies” books, you know the importance of getting topics in simple words to become familiar with it.
Mickael Mosse, Blockchain and Cryptocurrency Expert, wants to bring you a simple guide to walk into your first steps in the crypto world.
Let's go for this crypto walk!

Mickael Mosse about payments with crypto.
But, what businesses are accepting cryptocurrencies as payment?
Indeed, nowadays, the list is not so big, but you can practice with someones from today. In that way, in a couple of years, when all businesses accept crypto, you will be ready to take quick payment action.
Mickael Mosse searched for some examples of day-to-day shopping, concluding if more companies begin to accept cryptos as payment methods, the more mainstream crypto will become.
● If you want to buy Xbox store credits, Microsoft accepts bitcoin as payment in it.
● If it is lunchtime in Canada and you are thinking “chicken salad,” you can go to KFC and pay for it with bitcoin.
● If you are a user of AT&T or T-Mobile Poland, you can pay in bitcoin for your mobile bill.
● If you plan your next holiday, visit the CheapAir website to book flights and the Expedia website for travel services; both accept bitcoin.
● Or suppose it is Saturday afternoon, and there is a live play session on Twitch’s online streaming platform. In that case, you can pay with bitcoin for your subscription to support your favorite streamer.
● And also, you can get your fruits and vegetables at Whole Foods markets paying with bitcoins too.
You can check more useful examples of daily things and services you can now buy with crypto. Remember to check your country specifications in each case.
Your name and your money will always be safe and recorded.
When you buy a pair of shoes with a credit card, the store and the bank have all your data. Still, in crypto issues, depending on the crypto that you are going to use, the level of anonymity can be high or low.
For example, according to Mickael Mosse’s explanation, bitcoin transactions are public and traceable. You don't have to give any personal information. All crypto-buyers must have a specific address that identifies its transactions, so you can always check your operations record searching by your address.
In Bitcoin.org’s words, “Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash”.
Essential things in life require training. Walking through the crypto-world could seem like a trial and error mode because cryptocurrency is not just a trend; it is now part of daily life. All changes can be adapted, but now you have some information in advance to start thanks to the info collected by Mickael Mosse.
Tim Draper, the founder of Draper Associates and Draper University of Heroes in Silicon Valley (USA), answered the question about how to start in crypto in this way:
Open a Coinbase account, put some money into it to buy some crypto, and then send it to your friend to check it: "All of a sudden, you'll realize why this is awesome. It's so easy. You're holding your currency right there". So, I ask you: What are you waiting for?
submitted by williamsouza10 to u/williamsouza10 [link] [comments]

How to pay for Air Tickets, Netflix, Steam, VPN, and other services using Bitcoin in Lebanon

There has been an increase in interest in Bitcoin usage, more people are realizing the freedom Bitcoin can provide to current limitations, and many people are asking what can we use Bitcoin for other than storing value from ever dropping local currency, on top of it it’s getting harder to pay for online services, hosts, vpns, netflix and if you are running a small business in resale you are facing a lot of challenges as well.
Many popular websites are already accepting direct payments in Bitcoin, others you will need to go through a payment processor or by buying gift cards.
Using Bitrefill or Cryptorefills you will be able to purchase a digital gift card that can be redeemed in your account with selected denomination. With these gift card providers now you will be able to recharge your Netflix, Amazon, Apple account, Google Play, Spotify, Steam, PSN, PUBG and many many other services.

Here is a small list i prepared of website that accept Bitcoin directly :

Here is a link to a bigger list :

As a bonus for those that still have some kind of international limit left, you can sign up at Purse purse(dot) io through which you will be able to fulfill orders of other people using your Amazon balance for instance in return for Bitcoin! You can use your $30 limit for example to top-up your balance in Amazon, and fill an order to be delivered to someone's doorstep and you will be paid in Bitcoin. Everything is tracked by Purse (dot) io therefore no worries of sending an item without getting your Bitcoin, only down side that at the beginning you will pay an extra premium for your Bitcoin.
Learn more about bitcoin at https://bitcoinduliban.org and check out our AMA with Bitcoin du Liban
submitted by marceldy to lebanon [link] [comments]

WHAT ARE BUSINESSES ACCEPTING AMONG CRYPTOCURRENCIES AS PAYMENT -Mickael Mosse, Blockchain and Cryptocurrency Expert

A useful activity to get closer to a new situation is relating it with real and daily things. Maybe, if you have read those “For Dummies” books, you know the importance of getting topics in simple words to become familiar with it.
Mickael Mosse, Blockchain and Cryptocurrency Expert, wants to bring you a simple guide to walk into your first steps in the crypto world.
Let's go for this crypto walk!
But, what businesses are accepting cryptocurrencies as payment?
Indeed, nowadays, the list is not so big, but you can practice with someones from today. In that way, in a couple of years, when all businesses accept crypto, you will be ready to take quick payment action.
Mickael Mosse searched for some examples of day-to-day shopping, concluding if more companies begin to accept cryptos as payment methods, the more mainstream crypto will become.
● If you want to buy Xbox store credits, Microsoft accepts bitcoin as payment in it.
● If it is lunchtime in Canada and you are thinking “chicken salad,” you can go to KFC and pay for it with bitcoin.
● If you are a user of AT&T or T-Mobile Poland, you can pay in bitcoin for your mobile bill.
● If you plan your next holiday, visit the CheapAir website to book flights and the Expedia website for travel services; both accept bitcoin.
● Or suppose it is Saturday afternoon, and there is a live play session on Twitch’s online streaming platform. In that case, you can pay with bitcoin for your subscription to support your favorite streamer.
● And also, you can get your fruits and vegetables at Whole Foods markets paying with bitcoins too.
You can check more useful examples of daily things and services you can now buy with crypto. Remember to check your country specifications in each case.
Your name and your money will always be safe and recorded.
When you buy a pair of shoes with a credit card, the store and the bank have all your data. Still, in crypto issues, depending on the crypto that you are going to use, the level of anonymity can be high or low.
For example, according to Mickael Mosse’s explanation, bitcoin transactions are public and traceable. You don't have to give any personal information. All crypto-buyers must have a specific address that identifies its transactions, so you can always check your operations record searching by your address.
In Bitcoin.org’s words, “Bitcoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Bitcoin is not anonymous and cannot offer the same level of privacy as cash”.
Essential things in life require training. Walking through the crypto-world could seem like a trial and error mode because cryptocurrency is not just a trend; it is now part of daily life. All changes can be adapted, but now you have some information in advance to start thanks to the info collected by Mickael Mosse.
Tim Draper, the founder of Draper Associates and Draper University of Heroes in Silicon Valley (USA), answered the question about how to start in crypto in this way:
Open a Coinbase account, put some money into it to buy some crypto, and then send it to your friend to check it: "All of a sudden, you'll realize why this is awesome. It's so easy. You're holding your currency right there". So, I ask you: What are you waiting for?
submitted by Accurate-Gap-8536 to u/Accurate-Gap-8536 [link] [comments]

Cryptocurrency In Travel And Hotels

Cryptocurrency In Travel And Hotels
Did you know that Expedia.com partnered with Coinbase to create the largest online travel agency in the world? This decision was driven by a popular request from Expedia customers who wanted to pay for the services in Bitcoin. However, Expedia wasn’t the pioneer among travel companies. Even earlier, in 2013, CheapAir.com enabled the option for booking hotels with Bitcoin. Starting mid-2014, Expedia.com clients could book hotels with cryptocurrencies.


https://preview.redd.it/wj390ypya8r51.jpg?width=1280&format=pjpg&auto=webp&s=e0ee9eb988ae53337c7986b687619f14201955e5
submitted by ModiHost to Bitcoin [link] [comments]

I am the creator of BitcoinDuLiban.org. I am on a mission to educate Lebanese about the importance and usefulness of Bitcoins in their lives. AMA

What is Bitcoin?

Bitcoin (₿) (ticker BTC)is an open source cryptocurrency. It is a decentralized cryptographic currency without a central bank or single administrator in control that can be sent from user to user on the peer-to-peer bitcoin network without the need for 3rd person in between like bank, or payment processor or institution all transaction processing and verification is carried out collectively by the network.
Find out more at http://www.bitcoinduliban.org/

Why Bitcoin is the future?

Bitcoin emerged in 2009 as more economies across the world started losing trust in the current banking model. Institutions that have been around longer than ourselves have changed very little throughout our lifetime. Not only does the lack of trust, and stagnant change of banks allow Bitcoin to thrive, but also the possibility of eliminating inflation. Bitcoin saw the opportunity to take the power out of the institutions and provide a better service, and the people responded. Bitcoin operates universally, meaning for the first time, there is a possibility of a global currency. With truly international currency possibilities for global economic growth, social equality, self-sovereignty is endless.

Why Bitcoin and not others?

It is a very good question, there at the moment of writing over 2000 projects and “coins” that emerged after Bitcoin. Many of them claim to be faster, better and more flexible than Bitcoin however very few have withstood the test of time or delivered their proposed product. The basic fundamentals of Bitcoin’s principle monetary policy are unprecedented, and by now, it is impossible to replicate its level of decentralization or network security, which is powered by a computer network as powerful as almost 12 trillion Intel Core i7 processors. Bitcoin also has the largest social / community strength. I would HIGHLY advise against investing or getting dragged into any project that claims superiority, I have single rule : if it says it's better than Bitcoin then its what we call “scam-coin” you will only get pulled in and lose your bitcoin/usd value causing a lot of pain and sadness . Sit down, read, learn and be patient, you will not miss out on anything over night and if something is rising in price quickly most likely it will crash as fast.

Does bitcoin have an applicable use in daily life or is it only for holding for future gains?

Bitcoin has taken over the cryptocurrency market. It’s the largest and most well-known digital currency today. Many large companies are accepting Bitcoin as a legitimate source of funds, you can use your Bitcoin at but not limited to : KFC, Burger King, Microsoft, AT&T , Expedia, Subway, Twitch, Virgin Galactic and many more just look it up. You can look up merc and services at https://spendabit.co/ So if you are living abroad, you can use your bitcoin just like any other known currency in addition there are Debit cards in collaboration with VISA network offers that are backed by Bitcoin making you able to pay with it anywhere in the world just with a swipe or tap.

As Lebanese in Lebanon, how can I buy or sell bitcoin ?

In Lebanon unfortunately we can not use our banking system to purchase bitcoin, there was a time where rain.bh an UAE based exchange was accepting Lebanese Cards, till it was stopped but give it a try we weren’t able to confirm all cards.
Therefore most common way to buy bitcoin in lebanon is using P2P which is person to person exchange, this can be through an international website such as localbitcoins.com or hodlhodl.com , all you gotta do is find a sell offer initiate transaction with seller , send him his payment using WesterUnion or Moneygram and once the seller receives payment your bitcoins will be released but make sure you use escrow service which ensures safety of your transaction therefore bitcoins you are buying are frozen for the seller and he can not retrieve them unless you fail to pay or run out of time window to pay. Another p2p way is through local bitcoin communities , there are plenty of traders willing to exchange with you however always ask for the reputation of the seller inside a group and never respond to private messages unless it is a confirmed reliable trader just to avoid losing and being scammed. Feel free to find out more about how to buy in Lebanon at http://www.bitcoinduliban.org/

If I have a bank account outside Lebanon, can I use bitcoin to transfer money from Lebanon to my bank account outside?

It is possible to transfer Bitcoin to an international account in the USA or EU for example, you would need to use recognized exchanges such as coinbase.com kraken.com and many others. It would be as simple as sending BTC to your coinbase account, converting to USD and withdrawing it to your account. However you must take few precautions, if you are sending a significant amount of BTC and converting it to USD you will need some kind of proof that these funds are yours otherwise you might get investigated for money laundering. So is it convenient to send ? I do not think so, if you managed to get what we call now in Lebanon “ Fresh USD” it would be much less of a hassle to simply initiate an international transaction.

Why would I want to send Bitcoin to my family or friends in Lebanon ?

This is where I believe BTC can shine for us, you can use exchanges as coinbase,kraken or any prefered place to purchase some bitcoin that can be transferred to your family wallet within minutes. Your family or friends can exchange bitcoin or part that is needed with local traders to LBP at desired exchange rate therefore you are not forced to exchange at rates given by WesterUnion, after which they will be able to do their daily purchases and mitigate inflation rates to some extent. You can send as little as $1 and the transaction costs less than $1 for any amount.

Why is the Bitcoin price so volatile ?

Indeed it can be, sudden swings of 20% both ways are considered normal if you look at daily data, however bitcoin since 2009 had only one trend which is upward, 80% chance is if you bought BTC at any moment in past 2 years is that you are on break even or positive not loss. Feel free to try this exercise by going to https://dcabtc.com/

Should I invest?

NO. Now since we got the short version of this, let me elaborate. By the end of the day it is a new class of an asset, the price is still in the discovery phase and it could cause a lot of pain and sleepless nights if you invest more than you can chew to possibly lose. No one can advice you what to do with your money and how to position them, however i highly encourage to read, educate yourself on money before investing in BTC a good start would be https://bitcoinduliban.org. Please ask more knowledgeable bitcoin users and double check sources , once you feel confident enough that you understand this monetary system you can try dipping your toes with small amounts and build your position from there. Just stay away from quick gains schemes such as “online mining” “cloud mining” and anything that offers 100% returns in a very short time, if it's too good to be true then it's a scam.

Scams, BE AWARE.

Due to our difficult situation we are being targeted by constant advertisement of potential new solutions using “newly developed cryptocurrencies“ , unfortunately such new technology does not exist and they are trying to take advantage of us by promising fake solutions.
Even Bitcoin can not provide you with a solution to your hard worked money being inaccessible in any Lebanese bank.
Here are few typical scam msgs:
submitted by marceldy to lebanon [link] [comments]

Bitcoin (BTC) - how to book flights & pay with bitcoins Who Accepts Bitcoin as Payment? [UPDATED] Bitcoin This Week: Expedia Cancels BTC Payments, US Homeland Security Hauls Millions In BTC And More Expedia.com Acepta Bitcoin Expedia Accepts Bitcoin for Hotel Bookings

Because Expedia is not interacting with Bitcoin directly, there’s limited risk to the company in making this choice. We offer customers hotel prices in U.S. dollars with an option to pay in bitcoin. We then rely on Coinbase, our bitcoin payment processor, to handle the bitcoin transactions. It’s quite similar to how we accept other forms of ... Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. Expedia Partner Solutions (EPS) ist eine Kooperaiton mit Travala.com eingegangen, um Zahlungen mit über 30 Kryptowährungen wie Bitcoin, Ethereum und Ripple zu ermöglichen. Im Mai 2020 fusionierte Travala mit dem führenden Blockchain-Reisebüro TravelbyBit. Pay with Bitcoin, Ethereum and Ripple (XRP) on Expedia . By Reynaldo July 6, 2020 No Comments. Expedia Partner Solutions (EPS) is launching a partnership with Travala.com to enable payments with over 30 cryptocurrencies such as Bitcoin, Ethereum and Ripple. In May 2020, Travala merged with the leading blockchain travel agency, TravelbyBit. In a press release published on July 6th, Travala ... BITCOIN (BTC)–A spokesperson for Expedia, the popular U.S. based travel company which collects over 10 billion USD in annual revenue, has confirmed with Cointelegraph that the company will no longer be accepting Bitcoin for digital payments. A Blow for Bitcoin Adoption The news of Bitcoin no longer being listed with the site was first pointed out by community members on June 10th, when the ...

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Bitcoin (BTC) - how to book flights & pay with bitcoins

Únete a nuestro equipo. Instagram: jay_zeus_world Call: 559-300-9128 This video is unavailable. Watch Queue Queue. Watch Queue Queue Expedia: A popular travel business that aggregates hotel and flight rates for you on demand totally free. 5. Bitcoin.Travel: Book your travel flight tickets, hotels, rentals, vehicles, trips, and ... a demonstration of the Bitcoin(BTC) android wallet, @ cheapair.com cheapair.com accepts bitcoin, and many other places do too. this is no myth guys. bitcoin ... Holiday makers were left feeling jet lagged this week with the confirmation that online travel booking platform Expedia has unceremoniously dropped Bitcoin as a payment method. The move was ...

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