XE: Convert XBT/CAD. BTC to Canada Dollar

Litecoin mining!

Since the litecoin community is growing, I've decided to introduce /litecoinmining, a place for all discussion revolving mining litecoins!
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$1 at a time

If a million people gave a dollar to someone, they could be a millionaire. We are an embodiment of this showerthought: https://redd.it/2mq94c Additionally, you can join our mailing list for monthly reminders at send.redditmm.com
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Code & Design Meetup - Interdisciplinary collaboration between creatives

A meetup place to for designers, artists and programmers who want to take part in interdisciplinary collaborations.
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[Question][Newbie] What is the best way to exchange Bitcoin to CAD and transfer it to an RBC bank account?

Hi all,
I am new to the cryptocurrency world. I am wondering what would be the best way to exchange Bitcoin to CAD and had it transferred to an RBC bank account?
So, for example, if using an exchange company, I am looking for ones with the least exchange fee and bank/processing fee combined.
submitted by Saw-mon_and_Natalie to BitcoinCA [link] [comments]

EY tasked by CAD govt to recover bitcoin, ended up losing ~$1.03M of Bitcoin.

EY tasked by CAD govt to recover bitcoin, ended up losing ~$1.03M of Bitcoin. submitted by fatzombie88 to Accounting [link] [comments]

1 btc to cad - bitcoin mining power consumption calculator

Have offices in ottawa calgary edmonton cities to exchange 1 btc to cad best ever company dealing cryptocurrency bitcoin mining power consumption calculator
submitted by farazkhanniazi to u/farazkhanniazi [link] [comments]

07-09 19:14 - 'I'm about to send it over, but how will I get the CAD deposited in my bank account through this? Looks like I'm just giving the BTC away.' by /u/Buddha_Bee removed from /r/Bitcoin within 1-11min

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I'm about to send it over, but how will I get the CAD deposited in my bank account through this? Looks like I'm just giving the BTC away.
'''
Context Link
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Author: Buddha_Bee
submitted by removalbot to removalbot [link] [comments]

Convert bitcoin to cad how to sell cryptocurrency in canada

Get to know real value 1 bitcoin to Canadian dollars and also how to sell cryptocurrency in vancouver montreal toroto convert bitcoin to cad 1 btc to cad
submitted by farazkhanniazi to u/farazkhanniazi [link] [comments]

The record for 24H volume on a Canadian bitcoin exchange is being shattered right now. Cavirtex has > 1,500 BTC in volume... Exciting to see another currency pair experience this kind of growth (BTC/CAD)

The record for 24H volume on a Canadian bitcoin exchange is being shattered right now. Cavirtex has > 1,500 BTC in volume... Exciting to see another currency pair experience this kind of growth (BTC/CAD) submitted by kijmof to Bitcoin [link] [comments]

I bought a 3TB hard drive in Red Deer and paid with Bitcoin Cash. The KFC across from me is going to accept Bitcoin. I can now sell hard drives on kijiji and get chicken. The future is here! Bye bye TD bank and your 1 CAD per transaction fee

I bought a 3TB hard drive in Red Deer and paid with Bitcoin Cash. The KFC across from me is going to accept Bitcoin. I can now sell hard drives on kijiji and get chicken. The future is here! Bye bye TD bank and your 1 CAD per transaction fee submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[x-post from /r/bitcoin] The record for 24H volume on a Canadian bitcoin exchange is being shattered right now. Cavirtex has > 1,500 BTC in volume... Exciting to see another currency pair experience this kind of growth (BTC/CAD)

Are we possibly seeing the birth of a new major bitcoin trading pair?
submitted by -satoshi- to BitcoinMarkets [link] [comments]

Bitcoin mentioned around Reddit: PSA for you canadian Forex investors: you can trade USD to Bitcoin to CAD and get the 0.80:1 exchange rate practically feeless 🇨🇦 /r/canada

Bitcoin mentioned around Reddit: PSA for you canadian Forex investors: you can trade USD to Bitcoin to CAD and get the 0.80:1 exchange rate practically feeless 🇨🇦 /canada submitted by BitcoinAllBot to BitcoinAll [link] [comments]

FASTBTC: AN INNOVATED IDEA CENTERED ON BITCOIN EXCHANGE.

Although it is no more news that cryptocurrencies are very important in our generation. This is because they are the best means of payment for goods and services between people from different countries and of different currencies. Moreover, cryptocurrencies are good means of storing value for future use. However, in cryptocurrency word, bitcoin is a distinct cryptocurrency which possesses outstanding worth, which consequently cause substantial amount of cryptocurrency users to create interest in bitcoin over every other cryptocurrencies.
Even though huge amount of people use bitcoin, however, the exchange of bitcoin to local currencies is the ubiquitous problem most bitcoin user face, which usually discourage inexperienced cryptocurrency users from the use of cryptocurrency.
In order to make the exchange of bitcoin as easy as possible in Canada, a project named [FastBTC](www.fastbtc.ca) came on board. Just as her name implies, [FastBTC](www.fastbtc.ca) is a cryptocurrency exchange platform which is centered on the exchange of bitcoin to CAD. Therefore, [FastBTC](www.fastbtc.ca) crates an ample opportunity for every Canadian to exchange bitcoin to CAD with ease.
OUTSTANDING FUTURES OF [FastBTC](www.fastbtc.ca) If I am to put all the features of [FastBTC](www.fastbtc.ca) to writing, I will write until I am tired of writing. But to cut the story short, here are few of the amazing futures embedded in [FastBTC](www.fastbtc.ca) which makes it a better bitcoin exchange platform: * No signup is required: unlike other cryptocurrency exchange platforms which demands for signup, and it usually cost their users 10 to 30 minutes of their time, before the completion of the signup processes. But in order to save time, [FastBTC](www.fastbtc.ca) did not require signup before it’s users can exchange their cryptocurrency. * Single confirmation payment: the confirmation of payment in [FastBTC](www.fastbtc.ca) is always once. And it is always done with real time transaction speed. * Real time withdrawal speed: every transaction on [FastBTC](www.fastbtc.ca) is as fast as real life transaction, hence, [FastBTC](www.fastbtc.ca) offers her users the opportunity to withdraw bitcoin within a twinkle of an eye. * Active costumer support: even though [FastBTC](www.fastbtc.ca) possesses simple exchange interface, nevertheless [FastBTC](www.fastbtc.ca) possesses standby customer support service to help her users whenever they need help. * and lot more.
HOW TO USE [FASTBTC](WWW.FASTBTC.CA). * Visit www.fastbtc.ca * Enter your gmail for receiving interact withdrawal. * Click on sell bitcoin. * Deposit your bitcoin to the generated bitcoin address. * Then, your interact e-transfer with your fund will arrive shortly to your e-mail address.
Seeing is believing, why not give [FastBTC](www.fastbtc.ca) a trial; in order to know what it means to be a user of an outstanding cryptocurrency exchange platform?
submitted by oluwashinaayomi to cateredcontent [link] [comments]

05-23 18:04 - 'FastBTC – The Fastest Canadian Bitcoin and Altcoin Withdrawal Gateway' (self.Bitcoin) by /u/Savi321 removed from /r/Bitcoin within 1969-1979min

'''

Introduction


[link]2
Among many of the challenges which inhibit the adoption of cryptocurrencies, a good amount of them center around the crypto-exchanges. Many of the exchanges claim to care for security yet have been hacked time and again. The latest news of one of the most popular exchanges being hacked of 7,000 Bitcoins valued at USD 40 million is an indicator of what I mean. Also, few others are too shoddy to trust with our personal information and yet they want to act as custodian of our cryptocurrencies. And even if we find the few that tick all the boxes, we invariably end up with having to deal with cumbersome processes before we can carry out a trade.

Just when traders and potential investors attempted to overlook these issues, there were more issues introduced in the form of country-wise regulations. The overall experience, therefore, appears insurmountable for a potential investor who just wants to try out an exchange. This experience is more so for developed economies where the government attempts to safeguard investors, and rightly so.

The search then shifts to finding an exchange which is easy to use, no-fuss, trader-friendly, and has an intuitive trader (or investor) interface. Looking at the current challenges, finding such an exchange sounds very much utopian.
But there is hope.

[link]3

[FastBTC]1 – A new way Forward!

FastBTC is the hope for cryptocurrency investors in Canada. Investors worried about exchanging their crypto-currencies first to US Dollars and then into Canadian Dollars, can now have a breezy experience of converting cryptocurrencies directly into Canadian Dollars (CAD).

FastBTC, as the name indicates, is a lightning-fast converter of Bitcoin to Canadian Dollars. So easy is the process that users and traders do not have to wait endlessly to know what has happened to their cryptocurrencies. The process is easy to follow, and the site is user-friendly.

Despite the speed, FastBTC is one secure gateway and quite interestingly claims to be specializing in speed. I mean, isn’t that an interesting parameter that an exchange is focusing on? And the claims are not unsubstantiated. FastBTC has a flagship product Interac e-Transfer which is blisteringly fast and requires no login.

And they have an on-website chat session allowing users to have their queries resolved. So, good customers service is one more tick for FastBTC.

[link]4

How do we get started on FastBTC?

FastBTC site is quite intuitive for an easy and fast exchange. FastBTC has been serving Canadian customers for about eighteen months now and going strong. They continue to improve their services and bring the best to their customers. The proof of their service is in the website design. What are they, you ask?
Here they are:
  1. No Signup Requirement – Users of FastBTC do not have to signup to use the site. They can just get to the site and get started.
  2. Single Confirmation Payments – Makes life easy for the user
  3. Bitcoin to CAD Conversion – Users can send Bitcoin to the generated address and get superfast withdrawal in Canadian Dollars
  4. Altcoin to CAD Conversion – Users can also exchange Altcoin and withdraw in Canadian Dollars
If these are not interesting enough, then FastBTC also has a referral program allowing users to benefit, additionally. However, to participate in the referral program, users will have to register on the site. On the other hand, if users do not wish to use the referral program, they can do away with the registration.

[link]5

That’s cool! But what about..

Chances are there that readers still have queries and the most obvious ones are listed below:

  1. If I don’t have to signup then why do I have to give my email id?
The email id is required only to generate the Bitcoin address and for FastBTC to know where to send your e-Transfer.


[link]6

  1. How much time does it take to get my e-Transfer?
It takes 30 minutes to get your e-Transfer from the initiation of the transaction.


[link]7

  1. Why did I not get my e-Transfer even after 30 minutes?
If the transfer amount is below the instant maximum, then the e-Transfer will arrive 30 minutes from the confirmation of the transaction.
On the other hand, if the transfer amount is above the instant maximum, then the transfer is queued and will be sent when the limits allow.

  1. Are there fees to be paid for the transactions?
Yes, there are and in many cases will be addressed in the rates for the trade type. However, at times, the fees will be charged per transaction. In such cases, the fees will be shown on each trade page.
Here is a snapshot

Type Sell Buy
Interac e-Transfer 4.00 CAD No Additional Fee
Cash Deposit No Additional Fee -
Western Union Western Union Fee deducted from Payment No Additional Fee
Cash by Mail $25 for Xpresspost, $60 for Priority No Additional Fee
Interac Online - No Additional Fee
Credit Card - No Additional Fee

For more questions, users can browse through FastBTCs Support Page, and also chat with their customer service executives during work hours.

[link]8

Summary

A quick assessment of the FastBTC site proves that it is fast, dependable, user-friendly and easy to use. There are reasons for Canadians to cheer the exchange, and there is only hope that the exchange will expand to other regions in the future.
At a time, when speed is of the essence, FastBTC comes along with the right ingredients to make a cryptocurrency transaction fast!

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Image Courtesy: FastBTC Resources
'''
FastBTC – The Fastest Canadian Bitcoin and Altcoin Withdrawal Gateway
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Author: Savi321
1: ww*.fa*t*tc.ca* 2: i.r*d***t/9**5l5efaqz21*jpg 3: i.redd.*t/*k*o**h98**21.jpg 4: i.re*d.it**y*4hz*m8qz21.**g 5: i.re*d.i*/o***1w9u8*z21.j*g 6: *.redd.*t/olt***dpi*z21.pn* 7: i.*e*d*it/bzd*5*jtiqz*1.p*g 8: i*redd.it*vuk***7x9*z2*.jpg
Unknown links are censored to prevent spreading illicit content.
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Bitcoin not quite welcomed in Canada,

in my case it started with Coinbase stopping the sale of Bitcoin to CAD. 3 years later and the overall climate is that of distrust for BTC companies in this country. No liquidity ....
https://www.reddit.com/Bitcoin/comments/4rpyyf/coinbase_is_losing_the_ability_to_service/
submitted by TheOneWhoDidntCum to QuadrigaCX2 [link] [comments]

Taxes for bitcoin in sats value to CAD

I am having troubles understanding taxes for cryptocurrency. Now I bought bitcoin and I only do trades in sats value and try to gain more bitcoin, I don't trade based on CAD/USD value. Also I have never withdrew any bitcoin to CAD, never paid anything with bitcoin, its just sitting in the exchanges.
First question:
I started with 10$
1$ = 1000 sats
2$ = 2000 sats
I bought 10 coins of one altcoin for 1$ - 1,000 sats each = 10$ - 10,000 sats
I sold 10 coins of the same altcoin for 2$ - 2,000 sats each = 20$ - 20,000 sats
I now own 20$ - 20,000 sats – doubled my dollar and bitcoin investment
I have to pay 10$ in taxes because of my profits.
I bought 20 coins for the same altcoin when it dipped back to 1$ - 1,000 sats each = 20$ - 20,000 sats
I now own double the coins I started with, and now I’m holding!
Sadly bitcoin crashed, to half its value when I started, and I still hold 20 coins that still are 1,000 sats each
1$ = 2000 sats
2$ = 4000 sats
Now my investment at end of the year is worth $10 but my BTC investment has doubled to 20,000 sats. So I technically took a loss of 10$ and I sold it and now I own 10$ again.
Now assume all the numbers above are x10000 so 10$ starting investment is actually 100,000$ and my final investment is 100,000$ and I paid 100,000$ in taxes because of my CAD profits when I went x2, and now I lost an absurd amount of money at end of the year because bitcoin went half in value and now I have 100,000$, but I decided to be good and pay my taxes on my 100,000$ from my personal bank account and not my actual investment money (left it in bitcoin exchange). I just kept the above math simple low numbers for doing easy math.
What now? Anyone else sees how absurd this is, the whole problem would be solved in a heartbeat if I had to pay taxes only on my bitcoin profits (gained more bitcoin) and I send them the physical bitcoin tax on the profits, not CAD value.
Second Question:
Let's say I trade a lot, every day I make around 10 trades and that results in 20-500$ profit on the day of the trade. Ultimately its like above where I kept the altcoin to "accumulate" more coins of bitcoin/alt. Now because of those trades I now own a sizable profit bag of more BTC / altcoins, but I have to pay my taxes on the realized gains on CAD. Problem is since those days, the $ value of the coin has dropped by -90% in CAD value because of bitcoin has crashed, and the altcoin also crashed in value, but I got way more coins. Now my bag in $ value is only worth 500$ total, and I had many months where I made 20-500$ in CAD everyday but I kept it in bitcoin / altcoin and I gotta pay my taxes in profits of the time of trade in CAD, and I don't have that money in my bank account to pay it based on my transaction history, and obviously my investment can't pay for that either.
This is also absurd and would be solved instantly if I sent them my tax on the gains of the altcoin or bitcoin not in CAD.
Third Question:
I put in 1000$ for 1 BTC, I did really well doing the above things and now I own 10BTC and because everything skyrocketed in value it's now worth 100,000$. I'm a student with 1000$ to my name, and I don't want to pull out my BTC as the fees would be absurd. I also would have to pay taxes in CAD because of my history and even though they say it could be like 30% of profits in taxes, in bitcoin terms it could actually mean losing 80% of your money and I only got 1000$ my name...what now, I gotta pay taxes on 100,000$.
submitted by druarybean to BitcoinCA [link] [comments]

why does everything operate in bitcoin?

Wherever i'm looking at my other currencies, its always displaying price in bitcoin! who the fuck can convert bitcoin to cad in their heads? especially on a casual site like coinsquare!
submitted by Qwerty177 to Bitcoin [link] [comments]

Putting $400M of Bitcoin on your company balance sheet

Also posted on my blog as usual. Read it there if you can, there are footnotes and inlined plots.
A couple of months ago, MicroStrategy (MSTR) had a spare $400M of cash which it decided to shift to Bitcoin (BTC).
Today we'll discuss in excrutiating detail why this is not a good idea.
When a company has a pile of spare money it doesn't know what to do with, it'll normally do buybacks or start paying dividends. That gives the money back to the shareholders, and from an economic perspective the money can get better invested in other more promising companies. If you have a huge pile of of cash, you probably should be doing other things than leave it in a bank account to gather dust.
However, this statement from MicroStrategy CEO Michael Saylor exists to make it clear he's buying into BTC for all the wrong reasons:
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”
Let's unpack it and jump into the economics Bitcoin:

Is Bitcoin money?

No.
Or rather BTC doesn't act as money and there's no serious future path for BTC to become a form of money. Let's go back to basics. There are 3 main economic problems money solves:
1. Medium of Exchange. Before money we had to barter, which led to the double coincidence of wants problem. When everyone accepts the same money you can buy something from someone even if they don't like the stuff you own.
As a medium of exchange, BTC is not good. There are significant transaction fees and transaction waiting times built-in to BTC and these worsen the more popular BTC get.
You can test BTC's usefulness as a medium of exchange for yourself right now: try to order a pizza or to buy a random item with BTC. How many additional hurdles do you have to go through? How many fewer options do you have than if you used a regular currency? How much overhead (time, fees) is there?
2. Unit of Account. A unit of account is what you compare the value of objects against. We denominate BTC in terms of how many USD they're worth, so BTC is a unit of account presently. We can say it's because of lack of adoption, but really it's also because the market value of BTC is so volatile.
If I buy a $1000 table today or in 2017, it's roughly a $1000 table. We can't say that a 0.4BTC table was a 0.4BTC table in 2017. We'll expand on this in the next point:
3. Store of Value. When you create economic value, you don't want to be forced to use up the value you created right away.
For instance, if I fix your washing machine and you pay me in avocados, I'd be annoyed. I'd have to consume my payment before it becomes brown, squishy and disgusting. Avocado fruit is not good money because avocadoes loses value very fast.
On the other hand, well-run currencies like the USD, GBP, CAD, EUR, etc. all lose their value at a low and most importantly fairly predictible rate. Let's look at the chart of the USD against BTC
While the dollar loses value at a predictible rate, BTC is all over the place, which is bad.
One important use money is to write loan contracts. Loans are great. They let people spend now against their future potential earnings, so they can buy houses or start businesses without first saving up for a decade. Loans are good for the economy.
If you want to sign something that says "I owe you this much for that much time" then you need to be able to roughly predict the value of the debt in at the point in time where it's due.
Otherwise you'll have a hard time pricing the risk of the loan effectively. This means that you need to charge higher interests. The risk of making a loan in BTC needs to be priced into the interest of a BTC-denominated loan, which means much higher interest rates. High interests on loans are bad, because buying houses and starting businesses are good things.

BTC has a fixed supply, so these problems are built in

Some people think that going back to a standard where our money was denominated by a stock of gold (the Gold Standard) would solve economic problems. This is nonsense.
Having control over supply of your currency is a good thing, as long as it's well run.
See here
Remember that what is desirable is low variance in the value, not the value itself. When there are wild fluctuations in value, it's hard for money to do its job well.
Since the 1970s, the USD has been a fiat money with no intrinsic value. This means we control the supply of money.
Let's look at a classic poorly drawn econ101 graph
The market price for USD is where supply meets demand. The problem with a currency based on an item whose supply is fixed is that the price will necessarily fluctuate in response to changes in demand.
Imagine, if you will, that a pandemic strikes and that the demand for currency takes a sharp drop. The US imports less, people don't buy anything anymore, etc. If you can't print money, you get deflation, which is worsens everything. On the other hand, if you can make the money printers go brrrr you can stabilize the price
Having your currency be based on a fixed supply isn't just bad because in/deflation is hard to control.
It's also a national security risk...
The story of the guy who crashed gold prices in North Africa
In the 1200s, Mansa Munsa, the emperor of the Mali, was rich and a devout Muslim and wanted everyone to know it. So he embarked on a pilgrimage to make it rain all the way to Mecca.
He in fact made it rain so hard he increased the overall supply of gold and unintentionally crashed gold prices in Cairo by 20%, wreaking an economic havoc in North Africa that lasted a decade.
This story is fun, the larger point that having your inflation be at the mercy of foreign nations is an undesirable attribute in any currency. The US likes to call some countries currency manipulators, but this problem would be serious under a gold standard.

Currencies are based on trust

Since the USD is based on nothing except the US government's word, how can we trust USD not to be mismanaged?
The answer is that you can probably trust the fed until political stooges get put in place. Currently, the US's central bank managing the USD, the Federal Reserve (the Fed for friends & family), has administrative authority. The fed can say "no" to dumb requests from the president.
People who have no idea what the fed does like to chant "audit the fed", but the fed is already one of the best audited US federal entities. The transcripts of all their meetings are out in the open. As is their balance sheet, what they plan to do and why. If the US should audit anything it's the Department of Defense which operates without any accounting at all.
It's easy to see when a central bank will go rogue: it's when political yes-men are elected to the board.
For example, before printing themselves into hyperinflation, the Venezuelan president appointed a sociologist who publicly stated “Inflation does not exist in real life” and instead is a made up capitalist lie. Note what happened mere months after his gaining control over the Venezuelan currency
This is a key policy. One paper I really like, Sargent (1984) "The end of 4 big inflations" states:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.
In english: *hyperinflation stops when the central bank can say "no" to the government."
The US Fed, like other well good central banks, is run by a bunch of nerds. When it prints money, even as aggressively as it has it does so for good reasons. You can see why they started printing on March 15th as the COVID lockdowns started:
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.

BTC is not gold

Gold is a good asset for doomsday-preppers. If society crashes, gold will still have value.
How do we know that?
Gold has held value throughout multiple historic catastrophes over thousands of years. It had value before and after the Bronze Age Collapse, the Fall of the Western Roman Empire and Gengis Khan being Gengis Khan.
Even if you erased humanity and started over, the new humans would still find gold to be economically valuable. When Europeans d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ c̶o̶n̶q̶u̶e̶r̶e̶d̶ g̶e̶n̶o̶c̶i̶d̶e̶d̶ went to America, they found gold to be an important item over there too. This is about equivalent to finding humans on Alpha-Centauri and learning that they think gold is a good store of value as well.
Some people are puzzled at this: we don't even use gold for much! But it has great properties:
First, gold is hard to fake and impossible to manufacture. This makes it good to ascertain payment.
Second, gold doesnt react to oxygen, so it doesn't rust or tarnish. So it keeps value over time unlike most other materials.
Last, gold is pretty. This might sound frivolous, and you may not like it, but jewelry has actual value to humans.
It's no coincidence if you look at a list of the wealthiest families, a large number of them trade in luxury goods.
To paraphrase Veblen humans have a profound desire to signal social status, for the same reason peacocks have unwieldy tails. Gold is a great way to achieve that.
On the other hand, BTC lacks all these attributes. Its value is largely based on common perception of value. There are a few fundamental drivers of demand:
Apart from these, it's hard to argue that BTC will retain value throughout some sort of economic catastrophe.

BTC is really risky

One last statement from Michael Saylor I take offense to is this:
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview
"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
But on top of this, BTC has Abrupt downside risks that normal currencies don't. Let's imagine a few:

Blockchain solutions are fundamentally inefficient

Blockchain was a genius idea. I still marvel at the initial white paper which is a great mix of economics and computer science.
That said, blockchain solutions make large tradeoffs in design because they assume almost no trust between parties. This leads to intentionally wasteful designs on a massive scale.
The main problem is that all transactions have to be validated by expensive computational operations and double checked by multiple parties. This means waste:
Many design problems can be mitigated by various improvements over BTC, but it remains that a simple database always works better than a blockchain if you can trust the parties to the transaction.
submitted by VodkaHaze to badeconomics [link] [comments]

Canadiens today solutions for Buy/Sell?

Finally getting around to moving some bitcoins between Canadian and back. After checking out Coinbase and Circle I'm seeing that Canada isn't supported for buy/sell. Other then localbitcoins, how do the rest of you Canadiens manage to trade your bitcoins to CAD?
submitted by DustinHeroin to Bitcoin [link] [comments]

How are Bitcoins taxed in Canada?

If an international student cashes out 10k cad worth bitcoins , would he have to pay taxes?
Those bitcoins were bought back in my home country. Im thinking about cashing out some to support my studies in Canada
Would i haev to pay taxes? IF so how much? The transaction will be done thru a Canadian bank account btw.
submitted by notafancyname123321 to PersonalFinanceCanada [link] [comments]

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submitted by JohnSmithestine to microsoftsoftwareswap [link] [comments]

Did I pay too many fees?

New to bitcoin, I am excited and want to invest some money into it. I etransfered $200 CAD to start into Bitbuy, bought some Bitcoin, Ethereum and Litecoin. Then I withdrew my money into my Exodus wallet. By the time it got to my wallet (didn't take long, same day) I had only $167 worth. Is there a cheaper way to buy bitcoin without so many fees?
submitted by erkahl to BitcoinCA [link] [comments]

Where to safely redeem my flexepin number ?

Hi,
This is my first time dealing with bitcoins, I have entered the $150 CAD flexepin voucher that I have bought at the store on localcoin.ca and bitcoin4u.ca from my Samsung Galaxy S4. It did not pass through and I have recieved a lot of cyber-attacks I will reinstal my cellphone asap.
Please anyone knows where to enter the number guide me as I know not.
Also for future references what is actually the cheapest/best/anonyme way to fill the bitcoin wallet as I won't buy flexepin again after this one !
Ty
submitted by MetaSunshine to Bitcoin [link] [comments]

Bisq is looking for help to take CAD market to the next level

Hi folks, I was steered to this subreddit from a couple of Canadian Bisq contributors and users.
Many of you probably don't use Bisq because it has relatively poor liquidity and high premiums at the moment, but we're trying to change that. The market has always shown good promise, and there's no reason it can't become a top Bisq market with a slight push.
So we're looking to put on a liquidity week sometime in October: a 5-7 day time period where we boost supply and demand on both sides of the market to get as many people trading on Bisq as possible.
To that end, we're looking for:
As you probably know, Bisq is an open-source software project, so this more of a call for community support. But we could consider structuring bounties for certain efforts if it makes sense.
Any thoughts/advice is appreciated. Would like to get at least a couple folks together in the coming days to plan the initiative.
Feel free to post thoughts here, or to PM me here or on Keybase (same handle) if you're interested.
submitted by m52go to BitcoinCA [link] [comments]

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HOW TO PURCHASE
Read the tables below for what you would like to purchase & click your payment method. Press Send in the opened page & you are done it is that easy! You will then be contacted shortly. Or Click here to message me about purchasing Servers/Project/Visio/Adobe/Autocad/Antivirus
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We try to be available for all our clients however if you find us asleep or need an instant key in pinch please use our shop:
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We are awake from 8am to midnight Pacific Standard Time . Customer service is our complete priority therefore only use our online shop when we are away
Again we want to hear & talk to you through reddit, as its our best way to get you up & running
Thank you for your continued loyalty to us! Stay Safe
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Office 2010 Pro Plus $20 Message
Windows Server 2012 R2 Standard $25 Message
Windows Server 2012 R2 Datacener $30 Message
Windows Server 2012 R2 Essentials $20 Message
Windows Server 2016 Essentials $30 Message
Windows Server 2016 Datacenter $40 Message
Windows Server 2019 Essentials $45 Message
Project Professional 2013 $25 Message
Project Professional 2016 $30 Message
Project Professional 2019 $35 Message
Visio Professional 2013 $25 Message
Visio Professional 2016 $30 Message
Visio Professional 2019 $35 Message
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submitted by JohnSmithestine to microsoftsoftwareswap [link] [comments]

Coinsquare Tutorial  Best Canadian Crypto Exchange 2020  Convert BTC to CAD Fiat How to convert bitcoin to usd/euro/cad/jpy - Simple and ... Selling Bitcoin to USD and CAD on Kraken and withdrawing USD and CAD to your Canadian Bank account Placing a Limit Order (Sell) BTC to CAD Placing a Trailing Stop Market Order BTC to CAD

BTC [Bitcoin] CAD [Canadian Dollar] 0.01 Bitcoin = 170.500000 Canadian Dollar: 0.1 Bitcoin = 1705.000 Canadian Dollar: 1 Bitcoin = 17050.00 Canadian Dollar: 2 Bitcoin = 34100.00 Canadian Dollar: 3 Bitcoin = 51150.00 Canadian Dollar: 5 Bitcoin = 85250.00 Canadian Dollar: 10 Bitcoin = 170500 Canadian Dollar: 20 Bitcoin = 341000 Canadian Dollar ... Convert 1 Bitcoin to Canadian Dollar. Get live exchange rates, historical rates & charts for XBT to CAD with XE's free currency calculator. Bitcoin - Canadian Dollar Chart (BTC/CAD) Conversion rate for Bitcoin to CAD for today is CA$17,428.21. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of CA$26,717,532,886 This graph show how much is 1 Bitcoins in Can Dollars - 15504.27462 CAD, according to actual pair rate equal 1 BTC = 15504.2746 CAD. Yesterday this currency exchange rate plummeted on -331.8784 and was Can$ 15172.39622 Can Dollars for Ƀ 1. On the last week currencies rate was cheaper for Can$-370.58481 CAD.Last month was lower on - Can$ 869.08196. . Price for 1 Bitcoin was 14635.19266 Can ... 1 Bitcoin equals $16644.06 in CAD 1 Canadian Dollar equals to 0.000060 BTC Last updated at 22 October 2020, 07:52 UTC. Bitcoin is a decentralized digital currency or cryptocurrency, without a central bank or any country directly affiliated to it. There is no official ISO currency code for Bitcoin, however BTC and XBT are commonly used. The currency symbol for Bitcoin is ₿. The Canadian ...

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Coinsquare Tutorial Best Canadian Crypto Exchange 2020 Convert BTC to CAD Fiat

How to place a Bitcoin Trailing Stop Market Order on NDAX • Login to https://ndax.io/ • Once you log in you will be redirected to your dashboard • Click TRADE on the left-hand side of the screen Coinsquare Tutorial Best Canadian Crypto Exchange 2020 Convert BTC to CAD Fiat This videos shows you how to off-ramp your crypto and convert it back to CAD/Canadian Dollar Fiat Currency. I've ... Placing a Limit Order (Buy) CAD to BTC - Duration: 0:43. NDAX Inc 1 view. New; 0:43. The 3 Ways To Become A Millionaire - Duration: 10:17. ... BITCOIN LIVE BTC and Altcoins Dump, TSLA MOON ... Hello Youtube..! Step By Step Guide In this video you will learn how to convert btcoin to any your desire currency this website is fast easy and effective Vi... 1) Selling Bitcoin to USD and CAD on Kraken 2) Withdrawing USD and CAD to your Canadian Bank account via SWIFT-Etana and EFT.

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