Where my money goes when i buy bitcoin

Luckily, today I’ll show you how easy and fast it can be. Buy Bitcoin Worldwide is for educational purposes only. It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit. Home Questions Tags Users Unanswered. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity.

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By using our site, you acknowledge that you have read and understand our Cookie PolicyPrivacy Policyand our Terms of Service. This question seems to me to be such an obvious question, that it must be goees. As I understand it is necessary to buy bitcoins using dollars or some other currency. Where do those dollars. The money goes to the party that sold it to you — that party owned the bottle before you owned it. You might be able to trace ownership of that bottle all the way back through the supply chain, to the point at which it was manufactured. It probably vuy several prior owners before you got it.

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Well, we want realizes is there’s no big queen company you’re, not the you’re, not buying the queen from a group and see it as core.

Okay you’re buying from someone else in the market. It’s easy to kind of lose track of how this is working because it’s it’s electrifying and we’ll see the other people but, let’s set here where the giant flea market with how much people that the corner like queen uh theory, am between cash and you’re right around the market, trying to find you know you Buy some big point where you buying from you buying from selling used having running to him in the market.

Queen bases, market that puts a buyer and seller together so when your mind that queen at queen days you’re, not buying it from going box you’re buying from the other guy the other end of transaction, who’s been transmitting a to point base who transforms into you so when you’re buying your buying somebody.

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There have been reports of scams and robberies, so l make sure you take precautions when buying. Active 2 years, 6 months ago. As with any market, nothing is wheer sure. So, really: It is no surprise that Bitcoin, a wherw, global, and digital currency has claimed the interest of investors. Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes. The money goes to the party that sold it to you — that party owned the bottle before you owned it. If you are able to sell your eggs for more than you paid for them, you make a profit. It is no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors. Take some time to understand Bitcoin, how it works, how to secure bitcoins, and about how Bitcoin differs from fiat money. Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. You should then see a zoomed in map with pins displayed the many locations you can buy from:. Once you picked a bank you will be goew to fill in some details. It where my money goes when i buy bitcoin silly to some people that one bitcoin can be worth hundreds of dollars. However, exchanges will let you buy any amount, and you can buy less than one bitcoin. It depends how much you trust the exchanges. Should I leave my bitcoins on the exchange after I vuy Where do the dollars go?