Bryan Chaffin explains how Bitcoin faucets work and which faucets you can trust to pay. [Update: Lots of updates today, including updated descriptions, some faucets closing, and more. – Bryan]
It’s an investment fund that puts its money in the cryptocurrencies supported by Coinbase, currently Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
The anecdote came up when Woz was speaking at The Economic Times of India’s Global Business Summit, and the scam involved a stolen credit card and a reversed transaction.
Even at its low of $10,835 on Friday, Bitcoin was still up 10.2% in December. If you look back to January 1st, 2017, when Bitcoin opened at $998, Bitcoin is up a staggering 885% on the year.
Coinbase updated its iOS app Tuesday, as the company works overtime to beef up its infrastructure in the midst of Bitcoin Mania: 2017 Edition™. The update improved identify verification, “especially for iPhone X.” It also has a simplified sign up, optimized charts, unspecified bug fixes, and more. Coinbase is an online, hosted wallet for Bitcoin, Ethereum, and Litecoin cryptocurrencies, all of which have exploded in popularity. Coinbase features the ability to buy and sell those cryptocurrencies, and the company owns dedicated exchange GDAX. You’ll need a Coinbase account to use the company’s iOS app.
Unfortunately, the US$4.99 app climbed to the #3 spot in Fiance apps, meaning a lot of people paid for a wallet that is potentially dangerous, and is at the very least unethical.
Starting today, Blockchain.info wallet users can store, exchange, and send Bitcoin Cash within those wallets.
Bryan Chaffin has been using Bitcoin faucets for years, shares everything he’s learned about making the most out of them. [Updated with new information.]
Users will find new tabs for Bitcoin and Ether on the online wallet, whether or not they have Ether or have generated Ethereum addresses.