The Bitcoin Pizza Purchase That's Worth $7 Million Today

Today I made pizza with mum's help and it was nice

Bitcoin enthusiasts have this quirky tradition called "bitcoin pizza day". It's to commemorate that 10 years ago today user laszlo in the bitcoin forum created by bitcoin's creator, Satoshi Nakamoto, completed what's know as one of the first transactions exchanging bitcoin for something of monetary value. 10.000 bitcoins for a couple of pizzas. Later on, those pizzas would become the "most expensive pizzas ever" if you were to count bitcoin's price increase. He appeared in an interview today and you can read it here if you're interested.
Anyway. Just for this occasion I made some pizza with my mum and put a nice big fat bitcoin symbol (₿) on top of it. It was delicious. Maybe making your own dough from scratch isn't that easy, but everything else about pizza is fun and easy. Have you made any pizza to pass time in quarantine? Any weird "traditions" you're reminded of perhaps?
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15 Apps That Will Earn You Passive Cash Back (Best Passive Saving Apps 2019)

This is the updated 2019 Q1/Q2 version of this post. If you remember reading the previous iteration of this post, there are several changes to the list this time around. Some new additions, and some removals.
I'm not necessarily listing these apps/sites off from best to worst, but the higher names on the list came to my mind faster, which basically just means that I prefer them.
Note: Most of these apps will be US only. A couple on this list are for Canada as well, and I've tried to make notes about apps that work outside of the US.
Having said that, let's get right into it.

15 Passive Cash Back Apps 2019

Pei

Ref = fish

Pei is an automatic cash back app, very similar to Drop (listed below). When you sign up, you'll link a debit/credit card and you'll then automatically start earning cash back as you shop at certain Pei merchants (listed just below). There are so many merchants with Pei that you'll likely find yourself accidentally earning cash back on the app, without even knowing it. Pei is an app that you can really just link a card and then check back weeks later and surprise yourself with the money you've earned. The app has improved so much since the first time I posted about it, that it deserves the top spot in this post. You can cash out instantly as soon as you reach $15 in your account, and they're currently offering a cool $5 bonus when you sign up with a referral. My referral is "5LTZ1S". Big appreciate if you use my referral to sign up.

Pros of Pei:

So with all of that being said, let's talk about the stores you can find on Pei. Just note that these are only stores that are local to me, so if I don't have a certain store near me that Pei offers, I won't have it on this list. Additionally, Pei actually offers so many stores at this point that there's no way for me to actually keep this list up to date at all. There have been countless times where I've shopped somewhere that doesn't even come up as an option to earn with Pei but I'll see cash back listed on the app. It's really quite impressive.
In addition to receiving cash back at many locations, Pei also has a 'loyalty bonus' where if you shop at a certain store 5x you'll earn a bonus of $0.50!
They also do offer a "$2 on $20", essentially meaning that if you spend $20 at a certain merchant, you'll earn a $2 bonus. Local for me, I have the following options for $2 on $20:
I feel like a lot of people will enjoy this ~10% bonus on UbeLyft, especially if you ride a lot.
Most stores do have a $5 daily/weekly earning limit, so do be aware that if you spend more than ~$500, you'll likely reach an earning cap.

Drop - (iOS | Android)

Ref = fish

Drop is a passive loyalty program for US/Canada that allows you to choose 5 popular stores where you'll earn cash back (automatically) at as soon as you shop at them (both online or in store). You'll start off by linking your cards to drop (credit or debit), and they'll automatically track your purchases and once they notice a purchase from one of the 5 stores that you selected, you'll automatically earn cash back in the form of drop points which can be redeemed for instant gift cards to several stores.
As mentioned above, once you register you'll be presented with a list of store options. Do note that the stores you choose might be stuck with you forever, so pick stores you plan on shopping at a lot in the future, since you might never get the opportunity to change them.
For a new user signing up today, here are the current options you'll be presented and the corresponding rate:
Do note that this list may change at any time, but historically whatever rate you receive when you sign up is the rate that will be locked in for you.
Here are a couple things that are worth noting:
Other ways to earn with drop:
While the passive options have already been discussed, I think it's important to highlight some other features that the Drop app provides. In addition to your ongoing offers, you can also earn on Drop by participating in mini game challenges, one time offers, mobile offers/linked offers, Supercharge mini game, and referring friends.
Let's talk a little about that:

HOOCH Rewards (Ref Link)

HOOCH is a new addition to this list. Similar to Drop and Pei, HOOCH will automatically earn you cash back when you link a credit/debit card.
If you understand how Drop or Pei work, there's not really much more to say about HOOCH's cash back system.
You'll instantly earn 1% cash back at the following national brands:
  • Uber
  • iTunes
  • Starbucks
  • Domino's
  • Netflix
  • Shake Shack
  • Spotify
  • Audible
  • Redbox
  • Uber Eats
  • Hulu
  • In-N-Out
  • Chipotle*
*I don't see Chipotle listed, but I've definitely been earning cash back from Chipotle for each of my purchases.
In addition to 1% cash back at the national brands, here are some other ways you'll earn with HOOCH:
  • Connecting your first card ($5 bonus)
  • Drink at a HOOCH Venue (5%)
  • Book a Hotel (5%)
  • Dine at a HOOCH Venue (5%)
  • Refer friends
HOOCH started a long while back as a subscription app where you'll buy a subscription and you'll get a free drink at a HOOCH venue every day. The venues are extremely limited, so a majority of the people reading this won't find any value in that plan. Dining is just as rare.
Their referral system appears to be pretty generous. They're currently offering a $5 bonus for each friend you refer, as well as a 20% bonus on their earnings for life. Here's my referral link, if anyone cares enough to click it.
Here's the downfall of HOOCH:
You can only cash out for gift cards, and the minimum is $25.
For most people, this is a really big disadvantage of this app. Assuming that most people will only be earning through the 1% cash back brands, the minimum you'll need to spend in order to his the cash out minimum is $2500, which would likely take most people a really long time, since the brand options are not places where you're likely to spend a lot of money frequently...like, for example, a grocery store.
But still, you could probably earn yourself a few free gift cards every once in a while for a totally passive app.

Butter

Canada Only!

The ability to earn cash back with Butter is currently only available to Canadians. If you're in the US and you're interested in Butter, you can still use their limited US friendly version here. Canadians, don't use this link!
Butter is a service that allows you to track your ongoing subscription services while earning cash back from them 100% passively. When you sign up for Butter, you'll link your bank account/cards and it will automatically help you track your subscriptions (think Netflix, Dropbox... almost anything, really) by telling you how much you're spending on each. This actually seems like something I could really benefit from, because I just recently discovered a subscription that I totally didn't realize I was paying for for the last 6+ months. You'll also earn 1% cash back from each subscription Butter tracks.
I would provide a list of the subscriptions that you can earn cash back, but according to butter, the "list is in the 1000s."
You'll earn your cash back automatically by Interac e-Transfer once your cash back balance is over $25.
$25 is a steep minimum, but if you're someone who either has a lot of subscriptions or has some expensive qualifying subscriptions, it might not take too long to reach the minimum.
Since I'm not Canadian, my experience with Butter is very limited. You can read more about how cash back works in their help threads here.

Bumped - Sign up & join waitlist!

Bumped is an investing app, when you really boil it down. When you sign up you'll select one brand in each category (there are a lot of categories, you'll see below), and each time you shop at the selected brand, you'll earn the certain specified purchase back in the form of company stock. This is unique to all of the other apps on this list, because you're actually receiving company stock. Also, because of this, I think it's very important to note that in order to sign up for Bumped you'll need to enter your SSN since you will be opening up a brokerage account.
As of posting, the following are the category options that you can choose from:
I've bolded the brands I selected. Obviously you should pick a brand that you can find yourself using the most. Do note that if you pick a brand that you might want to change later, you'll get the opportunity to change your brands 3 times a year, at least 30 days in between.
Category Options
Burgers 3% at Jack in the Box
3% at McDonald's
3% at Wendy's
Coffee 2% at Dunkin' Donuts
2% at Starbucks
Drug Stores 2% at CVS
1% at Walgreens
Family Dining 2% at Applebees
2% at Chili's
2% at Olive Garden
2% at Red Robin
Grocery 1% at Kroger Family of Stores
Home Improvement 1% at The Home Depot
Mexican Food 2% at Chipotle Mexican Grill
2% at Taco Bell
Music Subscriptions 1% at Pandora
5% at Spotify
Pizza 1% at Domino's
5% at Papa John's
2% at Pizza Hut
Superstores 1% at Target
1% at Walmart
Telecommunications 1% at AT&T
1% at T-Mobile
3% at Verizon Wireless
Video Subscriptions 1% at Netflix
5% at Sling TV
Vineyards 1% at Willamette Valley Vineyards
One thing that is listed on the app is that if you want to move your way up on the waitlist you can refer your friends to join the waitlist as well.

Uber Visa Local Offers

Shop or dine out, get Uber credits back.
Use your Visa card next time you dine out or go on a shopping spree at a featured store and earn Uber credits toward future rides. To join, go to settings in your Uber app and tap on Visa Local Offers.
Whenever you shop out at certain places you'll instantly receive uber credits to your account. It's really simple, and yes, this does stack with all of the other cash back apps you might be a part of.
The brands they offer do change semi-frequently, so you should check them from time to time.
In the past there have been 100% cash back offers for streaming services, and 10-20% cash back at Sam's Club. Considering that these offers do stack, there is some really great potential if you find any value in uber credit.
If you're interested in activating the Visa local offers, you'll need to make sure you have a visa card linked to your Uber account first, and then you should see "activate local offers" in the app settings or payment settings of Uber.
There's really not much to say about Visa Local Offers, but if you're looking for some FAQ/Terms, feel free to check them all out here.

Groupon+

Groupon+ is a card link program introduced by Groupon that will automatically earn you cash back when you shop at select local restaurants.
The program is pretty easy to understand, but it isn't completely passive. In order to receive cash back at the local restaurants, you'll first need to activate the offer. So for example, I have an offer for 20% cash back at Dairy Queen (10% cash back after first purchase).
For reference, here's the offer in question. Once I click claim, the offer will automatically be applied to my credit card that I have linked (you'll need to link a credit card/debit card the first time you try to claim an offer). Now that it's claimed, when I go into this dairy queen location and spend with my linked card, I'll automatically receive a rebate after my purchase. What's great about Groupon+ is that the rebate will instantly go as a credit/debit card statement adjustment. So if I'm getting 10% cash back somewhere and I spend $18, I'll automatically see an addition of $1.80 on my credit card statement. It's pretty satisfying.
Note: The location you claim does seem to matter. For example, linked above is a Dairy Queen location in Joliet, IL. It appears to be that I'd only receive the cash back at this dairy queen location. For me if I search Groupon for "dairy queen", I'll find a ton of groupon+ offers (some of them different!) for many local Dairy Queens. Just make sure you've selected the right location if you're earning from a chain restaurant.
Overall I think Groupon+ is worth checking out. Just note that a lot of the options will be for local businesses.

Cash App "Boosts"

For those if you who don't know what Cash App is, Cash App is an app by Square that lets you send and receive payments. They've also expanded their app to support bitcoin purchases, and they'll also let you use the app as a checking account. With the cash app you can also sign up to receive the Cash Card, which is a debit card that is funded with your cash app balance.
If you have not used Cash App before, they do have a fancy referral program where when you sign up and send $50 you'll receive $5 and so will I. I do want to make this very clear: Cash App referrals can see the full name of the person who refers you, and the person who refers you will have your full name shown to them. If you're really private about personal information, be careful whose referral link you use. If you trust me, here's my referral link.
Please note that if you want to use the cash app boosts that I'm talking about, you'll need to be 18 years old and have the cash card (which is free, don't worry)!
Cash App announced that their cash card will be seeing 'boosts'. Boosts are their fancy way of saying that when you use our card at certain locations you'll receive a discount.
Once you have the cash card, you'll notice on the app below your card you'll be able to select your boost. The following are my personal boost options, as of posting. The boosts change frequently,
  • 15% Off Doordash
  • $1 Off Any Coffee Shop
  • 5% off Whole Foods
  • 10% Off Buffalo Wild Wings
  • 10% Off Little Caesars Pizza
  • $1 Off Panera
  • $5 Off Any Purchase (requires using the card 10x to activate)
  • 10% Off Chipotle <3
  • 10% Off Dairy Queen
So there are quite a few things I want to say & clear up.
  1. You can use a boost every 1 hour.
  2. You must select the boost that you'd like to use prior to the purchase. AFAIK you're able to swap which boost you want to use as often as you'd like. So when you walk into Chick-Fil-A, just check and make sure your boost is set to CFA. If not, swap it.
  3. In order to apply the boost, you must pay with the Cash Card. It's automatic. If your total is $6 and you're saving 10%, you'll only need a Cash app balance of $5.4 for the transaction. Cash App will cover the other $0.60.
  4. If you link your Cash Card to Apple Pay, you can pay with it that way and the boosts will still be applied.
  5. This is important. If you have a boost applied, it won't expire. I'll repeat this. If you have a boost applied, It won't expire. So if Square wants to remove your beloved Chipotle boost, it'll stick with you until you decide to swap from it. If you really like it, don't swap! Do realize that just because you have the Cash Card on the app, you won't see the boosts. You need to have the physical Cash Card in your possession for the boosts to show up.
I've been really enjoying using the Cash Card for purchases. Especially at CFA & Chipotle. It's really not a hassle. When I'm standing in line at Chipotle I'll open the app and make sure my cash app balance is enough and if not I'll just add funds right away. The boost is applied immediately which makes you feel good. It's like the guac is free at Chipotle after you use the cash card. The only downside to using the Cash Card is that you won't be able to stack discounts with anything else on this list... Unless you find a way to link the Cash Card to any of the things on this list. Regardless, 10% off at Chipotle is the best I have found.

Empyr Apps

I've listed this as "Empyr Apps" because all of these apps are basically just the same thing. I'll take the example of Swagbucks Local since that's what most of you reading this will already be using.
If you paid attention in the Visa Local Offers section of this post, you'll find that the Empyr apps are actually very similar to those visa local offers.
When you shop at a certain store/restaurant, you'll earn with the empyr app you have linked. It's actually really not that special.
Here's a list of some/most of the current Empyr powered apps:
IMPORTANT NOTE: You're only allowed to use one Empyr app at a time! As soon as you link up with another Empyr app, you'll be disqualified from another until you link back up.
I do want to go into this list a bit this time around since there seem to be more and more Empyr apps popping up.
Dosh might be the most popular of these apps right now. Dosh has nice referral programs as well as sign up bonuses that makes it very enticing. Dosh also has very decent cash back at the stores they offer.
Swagbucks Local will always be popular among Swagbucks users. What's really nice about Swagbucks Local is that the payouts are always instantly converted to Swagbucks, which can help you cash out sooner. You'll also likely get a slot in the Swago board filled out, which might be beneficial to you.
Pei is a really cool new app on Empyr that offers cash back at a lot of places you likely shop at. I talk about it above.
RetailMeNot is a newer one on this list and it's the only one here that I feel like I recommend you go on/off with. RetailMeNot has recently been doing a lot of "Spend $X, get $Y" deals at a lot of the stores they offer. For example, they are currently offering $5 Cash back for in Store purchases of $30+ at Staples. This is a really good deal for an Empyr app, and would probably be my pick for that transaction, but not most of the time since they don't have very many stores as options.
I personally choose Dosh as my Empyr app. Dosh has a lot of funding, which allows them to offer some very generous offers from time to time.

CoinSeed (Ref | Nonref)

CoinSeed preface: I don't recommend CoinSeed as an option solely for passive cash back. The app has monthly fees, and even for just $1 a month, it will cut either entirely into your passive cash back earned, causing a net loss, or it'll take a huge cut. Only use CoinSeed for passive cash back if you actually want to use CoinSeed.
CoinSeed originally released about a year ago as an app similar to Acorns, where you're able to passively invest money by setting up a recurring investment or invest through 'rounding up' transactions. What makes CoinSeed different from Acorns is that they will take your money and invest it into cryptocurrency. Just recently they have also added a cash back section to the app which allows you to earn points in the app each time you spend at certain locations. Before we talk about the cash back from this app, I want to talk a bit about what you're getting yourself into.
Since CoinSeed is an app like Acorns, they're expecting you to use the app to invest money. If you're reading this and you're actually thinking that you'd be interested in using this app to invest into Bitcoin, there are a couple things I think should be pointed out. 1. There is a 1% fee taken from each deposit. 2. There is a fee of $1 per month that you use the app. Your first month is waived, so the fee will only kick in on the second month. The wording is confusing, but it seems like the fee will only apply if you deposit and invest in the given month. So let's talk about cash back.
Similar to many apps on this list, you'll link your cards to CoinSeed and that's how they'll track your transactions. CoinSeed actually has two different cash back offers. First of all they offer regular portals in the app. For example, shop at through our link and earn cash back! The reason I think this is important is because currently they're offering 2% cash back at Amazon.com when you shop through their link. Cash back is uncommon enough to find at amazon, but what's great is that the only restrictions listed is, "Doesn't apply on Gift Card." Which makes me think that so long as you're buying anything other than gift cards, you should be eligible for the 2% cash back. I've reached out to CoinSeed to clarify exactly what they mean by that (whether or not it is referring to just Amazon gift cards or third party gift cards as well).
The other offers on the app, which they call "Premium" are the passive cash back options, meaning that every time you spend at any of the brands listed, you'll earn cash back. Here are the options that are currently available:
  • Uber (1% cashback)
  • Netflix (1% cashback)
  • Starbucks (1% cashback)
  • 7-Eleven (1% cashback)
There's one issue, though. When you try to activate the premium offers, a popup will appear saying, "Sorry, this feature is only available for users who have made an investment using the auto investing feature." What this is essentially saying is that in order to earn cash back from premium offers you must invest with the app.
CoinSeed seems to want to emphasize that the cash back is only a benefit of using their app to invest in crypto. For most people, investing in crypto can be near feeless using alternate methods, and in my opinion this app really doesn't provide many/any benefits that would make me want to even consider using this app for the heavy fees that they take. You would need to be spending a lot of money with their cash back retailers in order for the 'I'm only here for the cash back' route to even start to sound viable.

Credit Cards

I've refrained from listing credit cards on this post for a long time. Maybe because I thought it was too obvious, or maybe it was unnecessary, but since the number of younger people using this subreddit has been increasing I feel like I'd be doing a disservice to entirely disclude a blurb about credit cards.
If you have a credit card and you don't really care to learn more about credit cards, just skip this section. If you're reading this post and you're 18+ (or if you're about to turn 18) and you don't have a credit card or don't know much about credit cards, I think it's a good idea to look into them. I'm not going to tell you exactly what a credit card is since that's an easy google search, but I will tell you about some benefits, especially about those that pertain to the benefits of this post.
Credit cards are great because you can essentially spend money just like you normally would*, but you'll also earn cash back on all/almost all of the purchases you make with them. Additionally, especially if you're young, getting a credit card is a really great because it will start helping you build credit. I'm currently looking into renting a house next year with two housemates and I'm shocked to see that neither of them have any credit. They quite honestly couldn't possibly live in a house without me, since I'm the only one who has credit.
*Make sure you're paying off your credit card every month (or however often you need)... Don't let yourself get into debt. I'd argue if you think you're going to get into debt with a credit card, I'd personally suggest you don't get a credit card.
While you need to be 18 years old to get your own credit card, if you're under 18, you can still start gaining credit. Most major credit card companies will allow your parents to add you as an authorized signer on their credit card (which basically just means that you'll get permission to use their cards). An effect of this is that you'll start gaining credit. If you're looking to build up credit but you don't think you're ready for a credit card, I'd really recommend you ask your parents about becoming an authorized signer. It's a good conversation to have with your parents.
Anyways, let's talk about the cash back benefits, since that's what this post is about, after all.
There's a lot of credit cards. This post isn't going to list them all out. This isn't really even the right subreddit for credit card discussion.
Nerdwallet has a great list of credit cards, so you might want to check it out here, but I'm going to share my own personal situation and recommend that for anyone who might relate, since the average age on this subreddit is around the 18-25 range.
My first credit card was the Chase Freedom Unlimited card. I actually still use this credit card very frequently since it's a pretty balanced card. A couple years back on my 18th birthday I went into my local chase branch and physically had to beg for this card (it's a really beginner card, trust me). After getting denied both in bank and online, I finally found a rep who would give me a calm $500 credit limit for the card. Note: I had no credit before hand.
The Chase Freedom Unlimited card offers 1.5% cash back on all purchases with the card... so when you think about it, I'd previously been spending $100 at Chipotle every month with my debit card, but with the Freedom Unlimited card, I would now be getting 1.5% cash back ($1.50) back on those purchases. It's just an easy way to save money on everything.
If you use the other apps I suggest in this post, you'll likely earn cash back passively from them on certain brands that are featured, but stacking a credit card cash back on top of all the other bonuses is the absolute best way to earn passive cash back since it's usually 1-5% cash back on your purchases.

ReceiptPal

ReceiptPal is an app that allows you to upload your receipts from almost anywhere that you go shopping. It's actually a really simple process.
When you sign up you'll be presented with almost little scratch cards which contains 4 spaces. Each space is filled with a receipt that you upload. Once you reach 4 receipts, you'll earn 100 points. 300/400 points = $1, so basically every 16 receipts you upload you'll receive ~$1.
"So, mr Fishering, how is this passive!?"
Unlike most receipt apps, ReceiptPal allows you to link your emails and amazon account and they'll automatically upload receipts for you. I actually let this app alone for several months and came back to thousands of points and cashed out instantly.
If you make purchases online, you'll essentially be earning ~$0.07 for every purchase you make if you have your email linked. They'll automatically find receipts and submit them, so it's 100% passive earnings.
If you also shop IRL you can submit physical receipts as well.
You can cash out instantly for $5 minimum in the form of a gift card. I'd recommend saving up at least 7,500 points for a $25 gift card, since it'll value points at 300/$1.

Paribus

Paribus is not your typical cash back site. Once you sign up you can link your different accounts (such as your amazon account) and it will automatically track your shopping. Paribus doesn't directly earn you cash back... it acts more like Walmart's saving catcher if you've ever heard of that. If an item you buy somewhere goes on sale shortly after or if there's any other discounts/promotions you may have missed when you originally bought something, they'll quietly get you a rebate on whatever you purchased. It can be very hit or miss. The catch is that they do take a cut of your savings. I believe it is 30% for all new users, but for each member you refer you can cut the cut by 5%. If you save $10, they'll charge you $3 to whatever card you have linked.
Personally I've found it to be really hit or miss, but I've found some incredible savings. I bought a gopro and I got $15 saved with Paribus, and I also got $50 back from some really nice headphones I picked up on amazon from Amazon. What's weird is I bought the headphones like 6 months prior to the rebate. Was shocking to see it, but I've really had some good luck with Paribus.

Sift (iOS | Android)

After the last post, I noticed a lot of people enjoyed Paribus, so I figured it'd be good to add some alternatives in this post.
So, here's Sift. Sift is a similar site to Paribus, and its key focus is on enforcing credit card benefits that many people don't know about. It's actually pretty nice. It'll let you pick your credit card and it'll tell you pretty much everything about your card. I have the Chase Freedom Unlimited card, and I was actually shocked to hear some of the benefits my card has that I have never been taking advantage of.
From Sift's site:
We automatically comb through your credit card policies to show you all your benefits in one place. For every purchase we let you know what benefits you are eligible for. We streamline the claim process to make it as simple as possible to get your money back.
You can link your emails as well as your amazon account as well and they'll make it really easy for you.
I have not actually used Sift much myself, so I cannot attest to how well it works, but the app store reviews are generally positive for Sift.

Trim Savings

Trim is similar to Paribus and Sift, but there's a certain void that it's trying to fill that the other two don't really seem to be filling.
Trim's main selling point is its bill negotiations. Instead of trying to save you money when a price drops, they're going to try and just nip it right in the bud and try to get your bills lower.
Right now they're mainly trying to negotiate with cell providers, internet providers, and cable providers.
Here's how the process goes:
  • Submit Your Bill: Submit your most recent cell phone, cable or internet bill to get started.
  • Trim Negotiates: Trim negotiates with your provider to get you discounts on your bill.
  • You Save Money: Trim takes 25% of annualized savings, but only on success—otherwise, it's free!
So, similar to Paribus, Trim does charge a fee. In a sense, I guess that's a good thing because it gives them an incentive to make sure to get some sort of bill decrease for you so they'll make some money too. Their rate is currently 25% of your bill negotiation. Of course, if they're not able to negotiate your bill for you, you won't pay them anything.
Trim does also monitor your bank account for you and they'll notify you of account changes (that you can set). For example, if they see a transaction worth $xxx, they'll notify me that I've made a large transaction. If there weren't already so many other sites/apps that could do that, I'd say that's a great feature that Trim offers.

Conclusion

Hopefully there's some new apps/sites you found out about in this post. If you sign up for some/all of these programs listed, you should probably find yourself earning some pretty decent cash back, depending on where/how much you spend. These apps are very satisfying to watch your balances build up on, and after a while it's very rewarding to cash out and treat yourself.
Since the last version of this post, I have removed a lot of shitty offers, that aren't really worth anyone's time. I removed Samsung Rewards since it's been devalued to a point that using their app solely for rewards isn't worth it at all. Samsung rewards is only valuable for non-passive offers that they occasionally have.
In this update I added some really great additions, but did remove a previous favorite, Spent, which is currently offline. I'm ready to edit the post if anything changes with Spent, but it's seeming more and more unlikely since the app did go so downhill so fast.
As always if you have any questions please do leave a comment or send me a PM!
Thanks for reading!
submitted by Fishering to beermoney [link] [comments]

The International 2018 in Vancouver FAQ (Updated!)

Hey there again, you punks.
So with a tip coming from some of the moderators on the board, I've decided just to quickly update this FAQ that I wrote a few months back since TI is next week and I'm sure many of you still have a ton of questions. I've gotten some more information that I can pass down to you in regards to Vancouver but also now TI as well, including updated marijuana laws and beer recommendations.
Two quick notes:

VANCOUVER WEATHER

This summer has been an extremely hot season in Vancouver (at least in Vancouverite standards). Like anyone who attended in Seattle last year, there is noticeable smoke in the air in the city due to the fires all over the Pacific North West. If you have breathing issues or health related problems do to particles in the air, be advised that there is currently an Air Quality Advisory in effect so act accordingly. Wind/Rain will most likely clear up any issues going into next week, but just a heads up in case new fires flare up or we aren't blessed with some light rain. Forecast is looking to be sunny through midweek and the finals, with an average of about 23-25C.

THE PACIFIC NATIONAL EXHIBITION IS OPEN!

A staple for Vancouver residents since 1910, the PNE will be open from August 18th-September 3rd (closed on August 20th & 27th). If you're looking to do something after a midweek day, the PNE is the perfect place to go checkout for a fun night out filled with events, concerts, beer gardens, crazy carny food, rides, maybe BSJ, shopping and a lot more. This article will tell you everything you need to know about the PNE, how to get there and what's going on.
ALSO BOYZ II MEN AUGUST 18TH GET HYPED.

PLACES TO STAY

Yes, but it's not exactly regulated by AirBnB. Feel free to stay at one through AirBnB but know that it might be a little tricky to deal with issues if they come up with your rental. Also while you're at it, check out VRBO.
The general piece of advice you'll get from any local about where to stay for TI is going to be anywhere that's on the Skytrain Expo Line (the line in dark blue). The Expo Line will take you to Stadium-Chinatown station, which is where Rogers Arena is 30 seconds away. As in Seattle, the closer to downtown you are, the more expensive it is to stay.
Unlike Seattle Center, there aren't very many budget hotels left, if at all in the Downtown core. The cheaper hostels are available, though fair warning, many of them are placed on Granville Street, which is a place that many Vancouverites will tell you to avoid while you're here (Though I have never stayed at a hostel on Granville, if anyone has an experience, feel free to share). Check out the Ramada Inn and the Days Inn near Waterfront for some cheaper-ish options.
In my mind, there are two places that I would keep a look-out for avoiding while you visit Vancity.
  1. Granville Street. During the day time it's normally fine, filled with some cool shops (Golden Age Collectibles, The Rock Shop, Movieland Arcade) but it's packed to the absolute max with dumbasses at night due to the amount of night clubs. There's police around every weeknight, but since you're in Vancouver for a good time, head towards Gastown, Chinatown or Main Street for places to party.
  2. Downtown East Side. If you've researched anything about Vancouver, you'll know that this area as where a large portion of the cities homeless reside. There is rampant drug use, poverty and sex work in this neighborhood, focused mainly between 5-10 blocks in the area of Main/Hastings. That being said, the community is an especially strong one, with fantastic human beings supporting the less fortunate. Though there isn't too much danger in terms of being robbed, you might want to just avoid the area at night. Be respectful to the people of this community and you'll have no problems.

TRANSIT

Sadly, no there isn't. We know, it absolutely sucks and everyone in Vancouver is aware. Your options are public transit or a taxi.
Super shitty if you don't like paying for parking. If you can, park outside of the Downtown core near a Skytrain and then head over to the Arena. Commercial Drive is pretty good for this if you can find certain spots. Tinseltown as well if you buy a movie ticket on non-event days.
If you've ever been to any major city, you'll notice that Vancouver shares the same load-up card/tap system that places like London share. It's called Compass Card and it's fairly easy to use. Just load up money onto the card, tap it when you enter and tap when you leave. It'll do all the calculations for you. Note that certain zones will cost more just due to how far you're traveling.
Yes it does! Car2Go and Evo are two of Vancouver's most popular car share services. Hot tip would be to register before you head over to Vancouver and it'll help mitigate the fact that UbeLyft aren't in Vancouver just yet. Just drive safely.
The easiest way to get to downtown from YVR, if you aren't getting picked up/taking a taxi is to take the Canada Line. It will take you directly to Waterfront station, from there you can take multiple buses, the Expo Line (the main line that will take you to Rogers Arena) or the Seabus (going to North VancouveLonsdale).

ALCOHOL

19 years old.
Vancouver has an exploding craft beer culture and you'll be happy to find that the variety of different beers/ciders to drink is absolutely massive, probably to the point of being intimidating.
Here are some of my favorite breweries and the beers that you should look out for when you're at the liquor store/pub:
Twin Sails Brewing
Dat Juice Pale Ale
Two Straws MilkShake IPA
Short Pants Mosaic IPA
Brassneck Brewing
Changeling Sour
Passive Aggressive IPA
Bjorn Again Farmhouse Ale
Steel & Oak
Changeling Sour
Passive Agressive IPA
Bjorn Again Farmhouse Ale
Bomber Brewing
Bomber Parklife Passionfruit Ale
Bomber Pilsner
Bomber Snow White IPA
Yes. First, there isn't any drinking in public if you already didn't know. Second, you must have TWO pieces of ID on you whenever you go to buy drinks in case you're asked for your ID. First piece must be photo ID, the second piece must be something with your name on it (in order for bartenders/servers to validate the first piece). I see a lot of tourists thrown off by this, so just know that Vancouver's liquor laws are much more strict than other places.
I've heard from a few Vancouver residents that this isn't exactly enforced harshly, but just to note that it is an actual law. Piece of mind.
%.05. There will be a ton of pubcrawls and side events going on for people that are attending TI and I'm sure that you'll be blasted one night or another. Please don't drink and drive. If you need a cab, here are the numbers you can contact in order to grab a taxi from downtown.
Yellow Cab: (604) 681-1111
Black Top Cab: (604) 731-1111
MacLure's Cabs: (604) 831-1111
Also, a note for people from outside of Vancouver: the cab drivers in this city are notorious for being hard to deal with at times. Broken debit machines, cash up front, not providing receipts. Use your common sense to get you through pushy cabbies. If they have a broken debit machine and they are still driving, kindly reject them and give your business to another cabbie that will. UbeLyft will be here soon and karma will bite them back.
If at anytime you are in an emergency and don't know what to do, please DM me and I will provide my contact info.

FOOD

Vancouver is a glutenous paradise of places to eat. Instead of giving you specific places to go eat, here are some links that you might find helpful in terms of recommendations:
Meowjin's Guide to TI8
The 38 Essential Vancouver Restaurants
It's To Die For List
This is not confirmed at the moment, but if the rules were anything like Seattle, you will be able to bring outside food into the arena. You are not permitted to bring liquids into the venue. You'll have to dump out your water bottle and refill it once inside. Rogers Arena might have different policies, but thankfully the venue has twice the amount of food stalls including a much more varied selection.
Everyone from Vancouver attending will hate me, but this is going to be one of the hottest tips I can give you: there is a Costco food court DIRECTLY across the street on the lower level of Rogers Arena that DOES NOT require a membership in order to buy food. It is the only Costco food court in Canada that doesn't need a membership to eat there. Hot dogs, poutine, pizza, soft drinks, ice cream and it's all lovingly Costco cheap. Enjoy!

MONEY

Visa/Mastercard are widely accepted everywhere. Cards such as American Express/Discover are also accepted most places, though a few places might reject them for whatever reason (higher charge rates, issues with their machines etc..) Best case would be to make sure you have a Visa/Mastercard with you at all times as a back-up in case you run into any issues. Most places in Vancouver also allow you to use Android/Apple Pay now as well. No bitcoin though.
Well, that's entirely up to you. If you're staying the full week, a few hundred dollars in spare Canadian currency won't hurt you, especially if majority of your spending is going to be on plastic. There's going to be the Secret Shop, but that'll be done through online ordering and not cash payments. Just don't come with nothing. Worst case, always have at least $30-$40 cash on you just in case you run into a bind. It's really entirely up to you and how you plan on spending your time here. Do note that because of the low Canadian dollar, don't be surprised if the price of certain things is higher than usual.
By far it would be the Vancouver Bullion & Currency Exchange due to their lower exchange rates. Banks will more than likely charge you higher rates than the VBCE.

ETIQUETTE

Due to the amount of fires that have started in the Pacific North West the past month or so, please do not throw your cigarette/joint butts into the street, sidewalk, bushes or wherever that isn't a proper garbage. You'll get a ton of dirty looks by locals if you do otherwise.
Canadians are known to be rather polite, we'll answer questions for you or guide you in the right direction (as long as we aren't in a huge rush). As long as you're respectful of the people around you, take care of your hygiene, don't spit on the ground, talk over people in conversation or just avoiding being a total dick, you'll be fine. Though Vancouver is a somewhat socially cold city, that's mainly in dating circles. Get some new Bumble photos up!
Most places won't have the tip included in your bill. It's common courtesy to tip between %10-%15 of your final bill if you enjoyed your meal/drink/service. Feel free to go higher if you had a really excellent time. Some places do include the tip in the bill, but will have it noted usually at the bottom of the menu.
A few. Remove your backpack when you're boarding a bus/SkyTrain in order to create more space for the people around you. Hygiene again is a big one. Remember to fill your Compass card and check your remaining balance at least once a day in case you're transiting a lot. If you see elderly/disabled/parents with strollers attempt to come on board, the polite thing to do would be to offer your seat etc..
Don't worry at all! Vancouver is an extremely multicultural city and the residents here are used to hearing many different languages daily. Best bet is if you struggle communicating with anyone for any reason, download the Google Translate app and use it to answer questions you might have in a discussion.
Use common sense. Most players/talent would be more than willing to sign an autograph or pose for a photo with you. But also be aware that much of the on-screen talent (Slacks, Kaci, panel members) will often have to be running from segment to segment, taking in matches and so on. If they seem to have a minute, ask nicely, thank them for their time and cross one off of the bucket list.
Don't throw things at Slacks.

THE ARENA

No update on this. Rogers Arena is mainly a concrete concourse, surrounded by a viaduct and multiple lower roads. Unlike Seattle Center (which had multiple fields and smaller available venues), the only place large enough outside the Arena that could hold a large crowd with a big screen would most likely be the "main" entrance through Expo Blvd/Pat Quinn Way. There are a few other options in the area, but we're going to have to wait to see how creative Valve is with the space around the Arena. Perhaps they rent out the adjacent parking lots?
No update on this also, but again, there's a lack of outdoor space beyond the concrete concourse. Sportsbar Live will be open, which also gives a view of inside the Arena while you're eating/drinking. But again, it's indoors.
From what I remember from Canucks games, yes, there are stations where you can plug your phone in to charge. But don't be surprised if a company like NVIDIA pops up a charging station outside much like in Seattle.
18,630.
One of the more obvious differences that most people will find from Key Arena to Rogers Arena, is that unlike Key Arena, Rogers doesn't have an open space concept between levels. Meaning, you won't be able to just look up to the third floor and see players hanging out like you normally would. This year, they most likely will be held in the boxes above or in the dressing rooms in the lower levels. Look for autograph times scheduled throughout the week to see your favorite players.
The only thing right now is a Vancouver Whitecaps (MLS) game on August 18th and a BC Lions (CFL) on the 25th. So if you really feel inclined, now you know.

WEED

When: On October 17th, weed will officially be legalized in British Columbia and most parts of Canada.
How: Normally you need a medicinal prescription to purchase marijuana legally. Though, because of the soon to be legalization coming up in a few months, most dispensaries will most likely write you a prescription if you tell them a valid medical reason for the marijuana (Trouble sleeping, chronic joint pain, back pain, headaches, trouble eating etc.). My friends who smoke themselves told me that hot tip, so do with it what you will. Please DO NOT buy weed from a source that isn't verified by another trusted person or a licensed dispensary. You never know what your weed could be laced with.
Where: Here are some dispensaries located close to Rogers Arena.
Bloom Medical Dispensary
The Dub Dispensary
The Medical Cannibis Dispensary
You can't smoke anywhere that frequents children, even if there aren't kids around. So no beaches, public parks, playgrounds etc..
So just, anywhere that's away from people that don't want to partake essentially.
????????????

TICKETS

If you weren't able to buy tickets from Ticket Master, you have a few options.
Post in the TI8 Vancouver Subreddit and ask if anyone has a spare ticket.
Buying tickets from scalpers in front of Rogers Arena is fairly easy and shouldn't be difficult if you understand the basics of haggling.
  1. Know what you're comfortable paying and stick to it. Always remember that number.
  2. Be prepared to just walk away. The longer you stay negotiating, the more you show the scalper how important it is for you to buy the tickets. Play the long game.
  3. The less you talk, the less information you give the scalper. If he says he's got a Midweek ticket for $300, shrug and say no thanks.
  4. Have money in your hand/wallet when you're trying to buy tickets. When they see that the cash is right there, they'll be more inclined to just make the deal and move onto the next one.
You will most likely miss the opening ceremonies, but after that the prices for Midweek tickets will normalize and scalpers will want to just get rid of their tickets at a lesser price.
The advantage you have in this instance is that Vancouver, outside of the LoL tournament at Pacific Colosseum, doesn't have much experience with esports tournaments. So scalpers themselves won't have the same level of patience. The longer you wait to buy your tickets from them, the cheaper you can get them for. Only downside is that you'll be missing games.
The other thing you can do is literally just walk around the outside of the Arena and spot non-scalpers with extra tickets. There are always people who buy extra tickets and are just wanting to get their money back (friends flake on them, they couldn't flip them like they thought).
DO NOT panic and end up buying an overpriced ticket from StubHub, Craigslist or wherever. Tickets will be available, you just have to keep your cool.
The box office at Rogers Arena is located at the bottom of the venue on Expo/Pat Quinn Way at the Toyota Ticket Center. You can pick up your tickets between these times:
Mon, August 20th: 7AM - 9PM
Tue, August 21th: 8AM - 9PM
Wed, August 22nd: 8AM - 9PM
Thu, August 23rd: 8AM - 9PM
Fri, August 24th: 8AM - 9PM
Not sure about the box office times for the Finals. Will update that when I know.

FIRST TIME ATTENDING TI

So first off, understand that EVERYONE there is going for the same reason you are, DOTA. Don't be afraid to go up to people, say hello and start conversations. If they shrug you off, fuck them, they don't deserve your brilliance. Enjoy yourself. Worst case, just create a thread on DOTA saying that you want to go shotgun a few beers. My first TI was pretty much by myself, but the combination of a beer + a garden really did wonders.
Simply put, don't worry as much as your mind is telling you to worry. All the talent (casters/players) are incredibly friendly and are pretty much the same as us, just super stoked to be there. But do give them space if they're working or running around to the next thing.
During TI, after every First Blood in a match, there are potential drops given to in arena attendee's who have registered their badge with their Steam ID. There will be a Steam Link kiosk/section OUTSIDE of Rogers Arena, so look out for it. You must have tapped into the Arena in order to be eligible for those drops.
The link to register your badge to be eligible for these drops will be on the back of your badge when you receive it.
Try to pack as lightly and efficiently as possible. My two main staples during the last two TI's were a water bottle (usually given out in a goody bag for midweek + finals ticket holders) and a portable battery pack for my phone. Also know that you might buy things from the Secret Shop, do some shopping downtown and the last thing you want to do is carry that stuff around with you all day. Though consider bringing a sweater for inside the Arena, as Rogers is a fairly cold one.
HOT TIP
Try checking with bell boys/concierge at any hotels if they can possibly check in some of your bags for you. I tried this at TI7 and was surprised how chill they were. I left them a $5 tip for taking my bags and was free for the rest of the day.
Avoid the Secret Shop on the first day or else you'll just spend the entire day waiting in line. Midweek the shop lines will be much more reasonable.

MISC

Well formatted thread to get you started.
Also a well-detailed Google Map of venues/places that should interest people attending TI for places all across Vancouver
Depending on your situation, here are numbers for emergencies in British Columbia.
Ambulance, fire, police: 911
Poison Control: Lower Mainland: 604-682-5050 Toll-free: 1-800-567-8911
Healthlink BC: 811 Deaf or Hearing Impaired: 711
Crisis Intervention & Suicide Prevention: Call 1-800-SUICIDE (1-800-784-2433) if you are considering suicide or are concerned about someone who may be.
Mental health support: Call 310-6789 (no need to dial area code) for emotional support, information and resources specific to mental health.
That is Roger Neilson, former Vancouver Canucks head coach and the inventor of towel power. Please treat it nicely!
Right here.
How sweet of you to ask! That would be Lush by Snail Mail.
Please, if you feel like you need to ask any questions, or there should be things added to this FAQ, post here or DM me. There are obviously some things that no one knows right now in regards to potential additions or subtractions from moving the event from Key Arena to Rogers. But I'll try my best to keep this thing updated if people bookmark it for future use.
Enjoy planning your trip to TI!
submitted by Arashie to DotA2 [link] [comments]

BitOffer: What If the Bitcoin Price Does Not Rise After the 3rd Halving?

BitOffer: What If the Bitcoin Price Does Not Rise After the 3rd Halving?


As we know it, the 3rd halving, which is expected to happen in May 2020, has been considered as the “BULL” signal by most investors even the bitcoin price has been through a huge decline as a whole during the second half of 2019.
It is hard to deny that Bitcoin is a rags-to-riches myth which has risen from a “pizza” price to a peak at about $20,000. The highest growth has even been reached 8 million times. And one common thing I’ve noticed is that super bull markets came out when the last two halvings happened. So, it causes most investors are expecting the 3rd halving.


Why do most investors expect the bull market to happen after the 3rd halving?
It is quite simple that the total volume of bitcoins is 21,000,000, and all the bitcoins will be mined out in around 2140. Before the 1st halving, each block reward is 50 bitcoins. After that, the block reward was reduced to 25. Then, it was reduced to 12.5 bitcoins after the last halving. When the 3rd halving of bitcoins comes, each block reward for miners will be reduced to 6.25 bitcoins. As the output of new bitcoins becomes less and less, the tight supply of bitcoins will lift the price of bitcoin in a high extent. Thus, most investors hold the view that the bitcoin price will increase sharply after the 3rd halving.
Overall, the expectation for a bull market is commonly accepted by most investors. However, what if the bitcoin price does not rise after the 3rd halving?
Once the halving happens, the difficulty and the budget of bitcoin mining will be extremely increased. As the miner machine and the hashrate upgraded, plus the electricity bills become more and more expensive, a large number of the old miner machines have to been closed.
Recently, Antminer S9, which was popular in the bitcoin mining industry, has been announced the shutdown.
If the bitcoin price continues presenting a downtrend, miners would be possible to kick away the miner machines, which could directly trigger a mine disaster.
In fact, investors in most financial markets have the common point that they acquiesce the market will present an uptrend. And this thought is dangerous because fluctuations are a normal factor in every market, including the bitcoin market after the 3rd halving. No one has the ability to promise that the bitcoin price will gain after the 3rd halving. So, in this context, HEDGE is the most necessary thing. For the investors in the spot trading market of bitcoins, financial derivatives (futures and options trading) is the easiest solution for hedging.
Due to the futures trading is too risky, most normal investors are not able to control the risk so that bitcoin options is more suitable to hedge the risk when you hold bitcoins. For example, BTC Options on BitOffer, a bitcoin mercantile exchange, requests 0 fees, 0 margins, and users do not need to exercise the contracts. It is obviously the best hedging tool ever!
Then, how do we hedge the risk by options trading?


For example, now the bitcoin price is $7,000, you would earn $1,000 from the spot trading market if the bitcoin price rises to $8,000.
But what if the bitcoin price drops to $6,000? Without hedging, you would directly lose $1,000 from the spot trading market.
But if you buy a put contract on BitOffer with only $20-$50 to hedge the risk of holding 1 bitcoin, you would earn $1,000 with one put contract on BitOffer Options. In this way, you will save $1,000 loss in holding 1 bitcoin.
The bitcoin price is highly supposed to rise after the 3rd halving. History always repeats itself. Now the bitcoin price is about $7,000, after the halving, it is expected to boom for at least twice.
If you hold bitcoins, then your profit is likely to be up to 2x. But if you take this chance and purchase bitcoin ETF, then your profit would be more than 6 times. For instance, BTC Leveraged ETF launched by BitOffer in December. Different types of BTC Leveraged ETF have the same features of “Buying Long & Short”, “No Margins” and “No Liquidation”. This product will be managed by the professional financial team. With the automatic positions adjusting mechanism, even the drastic drops happen on the bitcoin price, BTC Leveraged ETF will never be at risk because of its features of “Highly Profitable but Low-risk”.
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

13 Ways to Save Money Passively (Best Passive Money Saving Apps/Sites 2018)

Are we really doing this again already?
About 6 months ago I made the second version of this post, which listed 10 ways for you to save money passively.
Since that post I have found quite a few additions and I feel like it's already time for an update.
Just to clarify, this post is mainly just an update to the previous post. Some points made here will be exactly the same from last time, but there are a lot of additions and clarifications this time around.

13 Ways to Save Money Passively 2018

Drop - (iOS | Android)

Completely Passive, Ref = fish

In the first post I said:
If anyone asks me, "Fishering, what is your favorite beermoney app?" I'll respond with Drop.
12 months later, I don't totally know if that's exactly true, just because Drop has gone through some changes that has made it seem (psychologically) not as great as it once was.
For those of you who don't know what Drop is, Drop is a passive loyalty program that allows you to choose 5 popular stores where you'll earn cash back (automatically) at as soon as you shop at them (both online or in store). Here are just a few of the stores you can pick from: Walmart, Macy's, Dunkin Donuts, Target, Whole Foods, Walgreens, Starbucks, Uber, McDonalds, and my personal favorite, Chipotle! There's about 20-30 stores you can pick from for your perm. ongoing offers.
If you signed up for drop in the previous post, you might not have noticed this, but they have actually changed their program a bit since then. There's a good chance you didn't even notice any differences at all, but they have recently set a weekly limit of $5 in cash back, and they seem to be wanting to limit what purchases count for cash back.
From Drop's TOS:
Drop users are limited to earning a maximum of 5,000 Drop points per calendar week (Sunday – Saturday) in connection with Drop’s ongoing (as opposed to one-time) offers. Drop maintains the right to review the accrual of points and to determine, in Drop’s absolute discretion, if certain transactions qualify for Drop Offers. Certain spending including, but not limited to, repeat purchases, high-value purchases, purchases of gift cards, and purchases made for commercial, non-personal or non-household purposes, may not, at Drop’s absolute discretion, be considered Qualifying Transactions and may be ineligible for Drop points.
Source. I really do recommend you take a look over this.. there are a lot of hidden secrets in Drop, like that 5000 point limit per week, while most people won't spend $500 (with 1% cash back) in a week, it still makes this program seem so much worse.
Anyways, if you're not signed up for Drop, it's really a great app. I've been enjoying it since its launch and I've made a fair amount back in savings from it.
Cash outs are instant and start with various gift cards at $5 (5000 points). (Amazon is $10 minimum).

Spent (iOS | Android)

EDIT: Spent has just announced a referral program! For every friend you refer you'll get a $5 bonus when they earn their first cashback. Additionally, all friends you refer will receive $10 when they sign up. Here's my referral link. You might have to click on it from a mobile device in order for it to track correctly. It seems that Spent has done away with the referral program.

Almost Completely Passive

Spent is very similar to Drop... so if you like Drop, chances are you'll also enjoy Spent. Unlike Drop, with spent you'll earn 1% cash back at all of the stores they offer, so you don't need to pick just your favorites. Here are all of the stores that Drop offers 1% cash back at. (Note: All of the stores with strikethroughs are stores that were originally offered, but have sent been removed).
  • Starbucks
  • Amazon
  • Spotify
  • Netflix
  • Grubhub
  • Walgreens
  • Uber
  • Panera Bread
  • Staples
  • Petsmart
  • Costco
  • iTunes
  • ExxonMobil
  • 7-Eleven
  • McDonalds
  • Kroger
  • The Home Depot
  • Chick-Fil-A
  • Whole Foods
  • Shell
  • Chevron
There are a few things about Spent that are better than Drop, but there are also a few things that are negatives here.
I'll go ahead and make a nice little pros/cons list of Spent.
Pros of Spent:
  • $10 Sign up bonus (may or may not require referral link used?).
  • PayPal cash outs.
  • Manage transactions in the app.
  • Cash out minimum $0.01 w/ Gift Card Discount
Cons of Spent:
  • $20 Minimum cash out (PayPal).
  • Cash Back takes 1 month to get approved from pending.
Spent is also similar to Drop because you must link your bank account to it. This seems to be a common trend with these apps. And yes, Spent does stack with Drop, but Spent might not stack with other Empyr apps. You'll learn more about Empyr later in this post, or just CTRL+F for "Empyr". Just note that when you link a card with Spent you might have just unlinked your card from another Empyr app.
One thing I want to update about Spent is how cash outs work now. Since the original post a year ago I think it's important to note some changes. Cash outs for Spent are done through PayPal at $20 minimum (payment is sent instantly?). However, in the app they now have an option for you to purchase gift cards at a discount. So for example, you could be somewhere that Spent doesn't support.. Let's say Papa John's... and they'll let you buy a Papa John's gift card on the app and you'll receive 3% back. If you have any cash back balance you'll be able to use that to help pay for the gift card (or pay for it entirely, if you have enough balance). I can see this being a viable "cash out" option for users who feel like they'll never hit the $20 minimum. It won't be a free gift card, but a discount nonetheless. Do note that if you're someone who is only using drop for the 1% cash back at the select retailers listed above it will take you $2000 in spend to reach the $20 minimum cash out. That could take a while for some people, depending on how much you spend at these places.
One other thing about Spent that's worth mentioning is that it does also offer shopping portals online (spentapp.com) and you'll be able to find cash back for Travel/Hotels/Rental Cars. Just something worth checking out if you're interested in it. They also have an app called Spent Travel you might want to check out.

Pei ref = fish

Completely Passive

Pei is another new automatic cash back app, very similar to Drop & Spent. Pei is (as of posting) in an invite only system and they seem to be slowly letting users in. I was able to get early access since I'm 'Media'. I'm not sure how you can get invited into this app at this time, but if you read what I have to say about Pei that you find interesting, feel free to download the app and join the waitlist. I'd imagine soon they'll just let everybody in at once.
The one important thing to note about Pei is that it does run on the Empyr network. I was in contact with Pei about this and they confirmed that if you link a different Empyr app you will no longer receive the benefits from Pei. This is different from Spent since with Spent you can link your card (at which point your card will unlink from your previous Empyr app), but then link your card to a different Empyr app and you'll still get the 1% cash back offers to pay out. Just the local offers on Spent won't pay out. With Pei if you unlink your card, the whole app will break. So I'm going to try and convince you here that Pei is different from the other Empyr apps, and might be interesting and worth taking your one Empyr app slot.

Pros of Pei:

  • Cash Back at a lot of locations (way more than any of the other Empyr apps).
  • Cash out via PayPal or Bitcoin.
  • Stacks w/ Drop & Spent

Cons of Pei:

  • Steep $15 cash out minimum.
  • Hard to track where your points are coming from (no history page with transactions?)
So with all of that being said, let's talk about the stores you can find on Pei. Just note that these are only stores that are local to me, so if I don't have a certain store near me that Pei offers, I won't have it on this list. Please feel free to leave a comment informing me of what I'm missing.
  • Panda Express - 1.5%
  • Target - 1%
  • Petco - 1%
  • PetSmart - 1%
  • Sephora - 1%
  • Banana Republic - 1%
  • American Eagle Outfitters - 1%
  • Gap - 1%
  • Old Navy - 1%
  • Chipotle <3 - 1.2%
  • Taco Bell - 2%
  • Dominos Pizza - 1.5%
  • CVS - 1%
  • Starbucks - 1%
  • AMC - 2%
  • GameStop - 1.2%
  • Subway - 1.5%
  • 7-Eleven - 1%
  • Dunkin' Donuts - 1.5%
  • Walgreens - 1%
  • Nordstrom - 1%
  • Supercuts - 2%
  • ZARA - 1.2%
  • Express - 1%
  • H&M - 1.2%
  • Urban Outfitters - 1%
  • + Local locations - ~5%
Please let me know if there is anything inaccurate about this list if you're able to get into the app.

Paribus

Completely Passive

Paribus is not your typical cash back site. Once you sign up you can link your different accounts (such as your amazon account) and it will automatically track your shopping. Paribus doesn't directly earn you cash back... it acts more like Walmart's saving catcher if you've ever heard of that. If an item you buy somewhere goes on sale shortly after or if there's any other discounts/promotions you may have missed when you originally bought something, they'll quietly get you a rebate on whatever you purchased. It can be very hit or miss. The catch is that they do take a cut of your savings. I believe it is 30% for all new users, but for each member you refer you can cut the cut by 5%. If you save $10, they'll charge you $3 to whatever card you have linked.
Personally I've found it to be really hit or miss, but I've found some incredible savings. I bought a gopro and I got $15 saved with Paribus, and I also got $50 back from some really nice headphones I picked up on amazon from Amazon. What's weird is I bought the headphones like 6 months prior to the rebate. Was shocking to see it, but I've really had some good luck with Paribus.

Sift (iOS | No Android)

Completely Passive

After the last post, I noticed a lot of people enjoyed Paribus, so I figured it'd be good to add some alternatives in this post.
So, here's Sift. Sift is a similar site to Paribus, and its key focus is on enforcing credit card benefits that many people don't know about. It's actually pretty nice. It'll let you pick your credit card and it'll tell you pretty much everything about your card. I have the Chase Freedom Unlimited card, and I was actually shocked to hear some of the benefits my card has that I have never been taking advantage of.
From Sift's site:
We automatically comb through your credit card policies to show you all your benefits in one place. For every purchase we let you know what benefits you are eligible for. We streamline the claim process to make it as simple as possible to get your money back.
You can link your emails as well as your amazon account as well and they'll make it really easy for you.
I have not actually used Sift much myself, so I cannot attest to how well it works, but the app store reviews are generally positive for Sift.
Massive golf clap to zarraza2k for pointing Sift out.

Trim Savings - Referral Link

Completely Passive

Trim is similar to Paribus and Sift, but there's a certain void that it's trying to fill that the other two don't really seem to be filling.
Trim's main selling point is its bill negotiations. Instead of trying to save you money when a price drops, they're going to try and just nip it right in the bud and try to get your bills lower.
Right now they're mainly trying to negotiate with cell providers, internet providers, and cable providers.
Here's how the process goes:
  • Submit Your Bill: Submit your most recent cell phone, cable or internet bill to get started.
  • Trim Negotiates: Trim negotiates with your provider to get you discounts on your bill.
  • You Save Money: Trim takes 25% of annualized savings, but only on success—otherwise, it's free!
So, similar to Paribus, Trim does charge a fee. In a sense, I guess that's a good thing because it gives them an incentive to make sure to get some sort of bill decrease for you so they'll make some money too. Their rate is currently 25% of your bill negotiation. Of course, if they're not able to negotiate your bill for you, you won't pay them anything.
Trim does also monitor your bank account for you and they'll notify you of account changes (that you can set). For example, if they see a transaction worth $xxx, they'll notify me that I've made a large transaction. If there weren't already so many other sites/apps that could do that, I'd say that's a great feature that Trim offers.
One thing Trim also offers that is pretty nice is a cute little referral system.
Send your friends the link below, and you'll both get $2 when they connect an account...We'll send you an Amazon Gift Code worth $2.
So, that's cute :). As always, if you do happen to sign up with my refs, it's appreciated greatly.

SavingStar

Very Passive

Note: If you remember reading about SavingStar in my post from 6 12 months ago, nothing has changed.
SavingStar has been around for a very long time. It doesn't get a lot of love around here because it can often be referred to as the 'shittier version of iBotta'. While I agree that the products they have to offer for rebates are limited, there are two things that make SavingStar better than iBotta.
  1. Ease of adding deals.
On iBotta you will find a lot of offers on products you might be interested in buying, but activating the deals can be very tedious. Sometimes you'll have to watch an ad or answer a short survey just to qualify for a rebate. SavingStar makes it a lot easier. All you have to do is tap. Since there's no limit to how many rebates you can activate, I recommend just activating them all. Check in to the app maybe once or twice a week just to activate offers. Even if you don't plan on purchasing something, just add it in case you happen to buy it anyways.
  1. Ease of redeeming rebates.
iBotta can be a pain with this. After you activate a rebate and buy it, sometimes they will make you scan items (or did they get rid of this? I have not used iBotta in a while), and sometimes you'll have to scan your receipt. The process can be long. SavingStar makes it a lot easier by allowing you to link your store rewards card to redeem the rebates. After activation of a rebate, all you need to do is buy the item(s) from the store you have linked, and your account balance will automatically update.
When I first used this app (it's probably been about 5 1/2 years since I first signed up), I secretly linked my mom's Jewel-Osco card without telling her and each week I would activate all of the offers and I would just check the app every time after my mom went shopping and I would get so happy to see a couple dollars added to the account balance. Was one of the easiest beermoney apps for me at the time :). Jewel-Osco kinda got rid of their card a while back, so that made me sad, but you can still link the following cards to your SavingStar account: Stop&Shop, Peapod, CVS, Kmart, Piggly Wiggly, Mariano's. They have a handful of other stores as well, but that requires you to scan a receipt.

GetUpside

Semi Passive, DC, Virginia, Maryland, and Florida/Long Island.

GetUpside isn't really passive, but it qualifies for use a so many places (in the select states) that it feels like it deserves a spot on this list. Upside has been popular around here (for the people who can use it) because it allows you to compare gas prices at places, and earn cash back at over 600 gas stations in these three places. It's really easy because you don't really have to look hard to find the gas stations, and you just have to submit a receipt. If I could use this I'd probably just go to fill up, and while I'm waiting I'll open up the app to see if the gas station I'm at qualifies. It'd give me something to do for the minute while I wait for the tank to fill up.
GetUpside now offers cashback at certain grocery stores and restaurants. Does anyone know if GetUpside uses Empyr? I mean I told them I lived in a state where GetUpside works and I'm seeing I could be getting 20% cash back at Qdoba.
Like wtf bro i just want burritos in chicago is that too much to ask for wtf
whatever fuck it chipotle is better
In the DC area? You can also save up to 35% at restaurants and 15% at grocery stores near you.
It seems like they're mainly targeting DC area for restaurant and grocery cash back, but the play store lists DC, MD, and VA.
I don't use GetUpside because I live in Michigan/Chicago, and they have not reached us yet :(. They do have a referral program, though. Please please please, go ahead and start an Upside ref train below, I give permission on this post, unless the mods disagree.

SamsungPay

Completely Passive, Samsung devices only

SamsungPay has dropped so hard since I last updated this post. The only other thing that used to be on this list that has gone further was Expense Rewards (if you don't know what Expense Rewards is, don't worry about it. ._. )
Update: SamsungPay will now earn you 5-20 points per transaction, and they have removed all gift cards and rewards cards. You can now only redeem for 'coupons' or instant win sweepstakes. As of posting/edit they currently have $30 Uber Promo Codes, $25 Grubhub codes, and $25 Atom Tickets codes for 6,250 points, but these appear to be temporary. All of these codes have their own terms and limitations, so they're not as cut and dry as they might seem.
Samsung Pay has become my favorite way to pay... not only because I get rewards for using it, but because it totally takes a shit on apple pay and android pay. I am using my phone to pay at places where all of the employees tell me 'oh we don't allow you to pay with a phone', and I just shove my phone against their card reader and prove them wrong. It makes the process a lot easier for me as well.
Samsung pay has a rewards system where you'll earn anywhere from 10-40 5-20 points for a purchase. They have a level system each month where the more purchases you make in one month, the more your purchases will be worth the next. You'll have to maintain your levels to keep up the next month. Currently to reach the highest level (platinum) and receive 40 20 points per transaction, you'll need 30 transactions in a month.
I'll touch a little bit more on Samsung Pay's reward scheme shortly.
SamsungPay often offers various promotions that will offer discounts at certain stores or discounts on gift cards. As of posting they have 15-20% off various gift cards for 'back to school'. There's almost always some sort of gift card discount going on, so that could be a nonpassive way for you to save some money here and there.
So what kinds of rewards can you get from Samsung Rewards?
Currently you can spend your rewards points on some instant win games. I don't waste my time with them.
They also offer a few gift cards. Currently they offer ThinkGeek, Sephora, AMC, Uber, Best Buy, Gamestop, Shutterfly, and Overstock. You can also get a visa rewards card starting at $5 for 2000 points. These rewards cards automatically apply to your cards for Samsung pay and you can use them anywhere. SamsungPay has now done away with Gift Cards and Rewards Cards.
To anyone who has used Samsung Pay in the past (or maybe has not checked on it recently, or used it since the last post 6 months ago, for those of you who read that), they recently devalued their points.
Previously a $50 Samsung Rewards Card cost 10,000 points. Now it costs 12,500 points. I'm sad, and I wish they gave us a warning before the change.
Of course this is only for people who have qualifying Samsung devices: S6, S7, S8, S9, and the newer note devices.

Uber Visa Local Offers

Completely Passive

Just feel like throwing this important fact in here: I am a 5.00 star rated rider on Uber. Just wanted to boast.
Shop or dine out, get Uber credits back.
use your Visa card next time you dine out or go on a shopping spree at a featured store and earn Uber credits toward future rides. To join, go to settings in your Uber app and tap on Visa Local Offers.
If any of you are familiar with Swagbucks Local or apps similar to that, this is similar to those types of apps. Whenever you shop out at certain places you'll instantly receive uber credits to your account. It's really simple, and yes, this does stack with all of the other cash back apps you might be a part of.
If you're interested in activating the Visa local offers, you'll need to make sure you have a visa card linked to your Uber account first, and then you should see "activate local offers" in the app settings of Uber. I don't know if you'll see anything in the Uber Eats app, but you can use uber credits in either app.
There's really not much to say about Visa Local Offers, but if you're looking for some FAQ/Terms, feel free to check them all out here.

Cash App "Boosts"

Eh, Kinda Passive I guess

For those if you who don't know what Cash App is, Cash App is an app by Square that lets you send and receive payments. They've also expanded their app to support bitcoin purchases, and they'll also let you use the app as a checking account. With the cash app you can also sign up to receive the Cash Card, which is a debit card that is funded with your cash app balance.
If you have not used Cash App before, they do have a fancy referral program where when you sign up and send $50 you'll receive $5 and so will I. I do want to make this very clear: Cash App referrals can see the full name of the person who refers you, and the person who refers you will have your full name shown to them. If you're really private about personal information, be careful whose referral link you use. If you trust me, here's my referral link.
On a totally unrelated note, can someone please tell me if I correctly used the word 'whose' in the pervious paragraph? I'm really trying to get better at grammar and I still get fucked by who's / whose and who / whom.
Please note that if you want to use the cash app boosts that I'm talking about, you'll need to be 18 years old and have the cash card (which is free, don't worry)!
Cash App recently announced that their cash card will now be seeing 'boosts'. Boosts are their fancy way of saying that when you use our card at certain locations you'll receive a discount.
Once you have the cash card, you'll notice on the app below your card you'll be able to select your boost. Here are the current options (as of posting):
  • Coffee Shops (pretty much any coffee shop) - $1 Off Each Visit
  • Shake Shack - 15% Off Each Visit
  • Whole Foods - 5% Off Each Visit
  • Panera - 10% Off Each Visit
  • Subway - $1 Off Each Visit
  • Chick-fil-A - 10% Off Each Visit
  • Chipotle <3 - 15% Off Each Visit
So there are quite a few things I want to say & clear up.
  1. You can use a boost every 2 hours.
  2. You must select the boost that you'd like to use prior to the purchase. AFAIK you're able to swap which boost you want to use as often as you'd like. So when you walk into Chick-Fil-A, just check and make sure your boost is set to CFA. If not, swap it.
  3. In order to apply the boost, you must pay with the Cash Card. It's automatic. If your total is $6 and you're saving 10%, you'll only need a Cash app balance of $5.4 for the transaction. Cash App will cover the other $0.60.
  4. If you link your Cash Card to Apple Pay, you can pay with it that way and the boosts will still be applied.
Do realize that just because you have the Cash Card on the app, you won't see the boosts. You need to have the physical Cash Card in your possession for the boosts to show up.
I've been really enjoying using the Cash Card for purchases. Especially at CFA & Chipotle. It's really not a hassle. When I'm standing in line at Chipotle I'll open the app and make sure my cash app balance is enough and if not I'll just add funds right away. The boost is applied immediately which makes you feel good. It's like the guac is free at Chipotle after you use the cash card. The only downside to using the Cash Card is that you won't be able to stack discounts with anything else on this list... Unless you find a way to link the Cash Card to any of the things on this list. Regardless, 15% off at Chipotle is the best I have found, so I'm perfectly okay with it. If you're shopping at Whole foods, on the other hand, 5% might not be the best you can do. Stack a nice credit card with 1% Back from Spent and whatever other apps might have whole foods and you might be able to net >5%.

Empyr Apps

Completely Passive

In the last post I didn't include any of the apps like Swagbucks Local or Dosh (actually I don't even know if Dosh was out yet at that point). So, here we go.
I've listed this as "Empyr Apps" because all of these apps are basically just the same thing. I'll take the example of Swagbucks Local since that's what most of you reading this will already be using.
If you paid attention in the Visa Local Offers section of this post, you'll find that the Empyr apps are actually very similar to those visa local offers.
When you shop at a certain store/restaurant, you'll earn with the empyr app you have linked. It's actually really not that special.
Here's a list of some/most of the current Empyr powered apps:
IMPORTANT NOTE: You're only allowed to use one Empyr app at a time! As soon as you link up with another Empyr app, you'll be disqualified from another until you link back up.
I do want to go into this list a bit this time around since there seem to be more and more Empyr apps popping up.
Dosh might be the most popular of these apps right now. Dosh has nice referral programs as well as sign up bonuses that makes it very enticing. Dosh also has very decent cash back at the stores they offer.
Swagbucks Local will always be popular among Swagbucks users. What's really nice about Swagbucks Local is that the payouts are always instantly converted to Swagbucks, which can help you cash out sooner. You'll also likely get a slot in the Swago board filled out, which might be beneficial to you.
Pei is a really cool new app on Empyr that offers cash back at a lot of places you likely shop at. I talk about it above.
RetailMeNot is a newer one on this list and it's the only one here that I feel like I recommend you go on/off with. RetailMeNot has recently been doing a lot of "Spend $X, get $Y" deals at a lot of the stores they offer. For example, they are currently offering $5 Cash back for in Store purchases of $30+ at Staples. This is a really good deal for an Empyr app, and would probably be my pick for that transaction, but not most of the time since they don't have very many stores as options.
Here's what I plan on doing:
Most of the time I will plan on having my cards linked to one app... Probably Dosh, SB Local, or Pei. If I find a good offer on the RetailMeNot app, I would temporarily link my card to that just for the transaction and then link back to another app. I really just have to recommend you download all of these apps and see what they have to offer for you and pick your favorite.

TruNow

Eh, it's not actually passive... Ref = DCIBS9

TruNow is the one app I was really debating whether or not should make it on this list. It's not passive, but it stacks very nicely with a lot of these apps and it's really the only receipt app right now that scales, so I think it deserves a spot here as well as on my upcoming receipt apps comparison.
TruNow is a rather new app that will give you cash back at gas stations. It's actually a really easy process. You'll first go shopping at a gas station (probably buying gas) and once you're done you just upload a photo of your receipt to TruNow. All gas station receipts will pay 1%* cash back. Certain partnered gas stations will pay 2%* cash back.
The thing that makes this app so good is that it stacks with everything. Let's say I buy gas from ExxonMobil. I'll sign up for their rewards program and pay with a CC that earns a high rate at gas stations. I'll earn 1% from Spent and combine that with the rewards program and CC bonuses and earn 1%* cash back from TruNow as well.
You can cash out your TruNow balance to PayPal or spend it at a partnered retailer.
*So the issue with this app is that if you do choose to cash out to PayPal you'll only get half your money. So if you're using this and intend on cashing out to PayPal, just note that you're really earning 0.5% cash back. The minimum cash out is $5 for PayPal, so you'll earn $5 for every $1000 you spend on gas.
The app does have a referral program where you'll earn $2 for signing up under a ref link and the person who refers you also gets $2. If you feel like trying TruNow out, my ref is DCIBS9.

Conclusion

Well, there you have it. 10 different ways to save money passively. I usually say at the end of my posts that I can't even type anymore because my hands are tired. I think that's absolutely going on right now. Right now this post is just over 20,000 characters long. One of my longest ones yet :)
Please, feel free to leave comments or questions for me. Make sure to get one of your ten required comments on this post so you can enter that ref contest next week!
And that's it. I'm done :) My first megapost of 2018! This is going to be a great year in beermoney :) You just wait!
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Kin: The Reader's Digest Condensed Version

We all know that Kin is a unique digital currency, that it has value and utility, and that the Kin Ecosystem, currently in development, is going to be big--very big. But let’s look back for a moment. In order to see the scope of what’s happening, and where we’re going, it might be useful to look back, at where we’ve been.
Kin was started by the good folks at KIK Messenger. As Facebook and Google grew to gargantuan proportions, it became obvious to all that the old-school model of Advertisement Placement for monetization was becoming untenable for anyone other than the biggest and most entrenched of companies. Yes, the Facebooks and Googles of the world were doing fine with monetization via advertisements, and were busily scalping data from their users in a feeding frenzy to capitalize on the one asset they could sell… those users’ attention.
While most users thought Facebook was designed to give the social media platform as the product, and that they themselves were the customers, the reality is far different. The truth is that the advertisers were the actual customers, and Facebook users were the actual product. Very much like the Matrix, isn’t it? We are fed a social media mental “pudding,” and in return we give Facebook hours and hours of our attention… which it then sells to the advertisers.
Understandably, this realization came as a shock to those who were able to see and understand this revelation. Many users still do not grasp the reality of the situation, and are happily, mindlessly eating the pudding.
Leaving aside the distasteful mental image this business model give us, it created a problem for up-and-coming, and smaller but established Social Media companies. The smaller SM operations were left in a bit of a financial quandary… advertisers were loathe to spend on smaller platforms, because the reach of the giant platforms was so large and all inclusive. The remainder were basically crumbs on the floor.
From this basic problem… and the ensuing economic reality… came the idea for Kin.
Monetization is a concept that no one really enjoys talking about. For most of us, we’ve come to accept that ads are a necessary evil that we pay attention to in order to receive content; at this point most of us simply grit our teeth and press on. No, I’m never ever going to buy that silly spray to cover up the smell of your poo, but go ahead, play the damned video ad… again. I digress.
But what if there was a way to change the dynamic so that the SM platform user’s attention was no longer the product that got sold to monetize the operation? What if the user could sell his or her OWN attention, and be rewarded thusly? And what if there was a way to compensate developers and businesses who work in the ecosystem for this activity as well?
What if the user actually became a rewarded participant in the engine that generated income? And was even able to generate income for themselves in the process? What if a system was designed to reward users, developers and investors, all at the same time?
This is the basic premise of Kin.
THE GENESIS of KIN
In 2009, Kik Interactive was formed by a group of college students at the University of Waterloo, Canada, in order to create applications for mobile devices and smartphones. Soon thereafter, the Kik Messenger was launched. In it’s first fifteen days, Kik enrolled over one million users. Over the years, Kik has solidified itself as a strong niche player in the messaging app world. Initially, Kik monetized itself by placing advertisements, but realized over time that ad revenue might not be the best way to keep Kik in solvent.
After several years of struggle, Kik embarked on an experiment and instituted a program called “Kik Points.” This program allowed Kik users to participate in a very basic and limited “earn and spend” program. The users would answer surveys, or watch videos, in order to “earn” Kik Points… which they could then spend on in-app programs like sticker packs or emojis. What the Kik folks saw was a very enthusiastic, large group of people working to earn, and then spend Kik Points, in a transactional rate and density that dwarfs that of every cryptocurrency, including Bitcoin.
Kik then knew it was onto something. The team got to work, and after years of design, Kin was born. The Kin token was introduced into the crypto universe through an ICO (initial coin offering).
The Basics of Kin
Kin is the first cryptocurrency designed for mass-adoption and utility. It was engineered, specifically, to act as a currency to be used in millions of daily small and micro-transactions. In other words, it was a coin designed to be “spent” by the masses, not held by speculators.
Kin is designed to reward people for using the coin. The Kin Rewards Engine (KRE) pays Kin to users and developers who contribute to the ecosystem. This does “inflate” the circulating supply of the coin, which in turn keeps the value of the individual coins in check, but in reality this is a core design component of Kin. Kin is designed to grow in value, but is designed to grow more slowly because of the extreme volatility witnessed in the growth of other coins. This kind of volatility would destroy Kin’s ability to be used as a true currency. The KRE serves two purposes, then; to reward those who boost the ecosystem thought their efforts, and to moderate the extreme peaks and valleys that have plagued cryptocurrency since the invention of Bitcoin.
Bitcoin, for example, has morphed into a “store of wealth” rather than an actual usable currency. It is “deflationary” in nature; in other words, the scarcity of it is the sole driver of it’s value. The high cost of Bitcoin transactions, extreme value fluctuations and slow processing speed all hinder its use as a true currency. Additionally, why would someone spend Bitcoin when it may appreciate significantly in a short period of time? We all have heard the story about the two pizzas that were bought with 40,000 BTC… which would make those two pizzas worth over $300 million dollars today. And why would a merchant accept a currency that might lose a large percentage of it’s value very quickly? With a deflationary, speculative currency like Bitcoin, swings of plus or minus 30 to 50% within a few days are not uncommon.
Kin, on the other hand, is designed to be used and spent by millions of users. It’s value will also grow significantly, but that growth will be relatively stable, with few of the huge peaks and valleys we’ve all seen in other cryptocurrencies. This is directly due to the large initial supply of Kin tokens (756 billion) the large maximum supply (10 trillion) and the design of the KRE. Most people with any crypto experience see that 10 trillion figure (the maximum circulating supply of Kin) to be a huge detriment at first blush. This is because they haven’t grasped the need for that many tokens. Looking at it from the perspective of other crypto, 10T coins is a ludicrous, astronomical number of coins. And with any other coin, it would bake no sense.
But Kin is unique. It’s a true currency, not a store of wealth. It is designed to create value growth through usage, not through speculative buying, selling and holding. When Kin reaches mass adoption, the larger supply of coins will keep the price of the coin relatively stable while it grows in value, and will significantly reduce volatility.
Notice that I did not say that the large supply will reduce appreciation; it won’t. That’s because while Kin is designed to be an inexpensive coin, and should never experience the volatility of Bitcoin, that doesn’t mean it won’t gain and accumulate value. It most definitely will. There are no limits to that appreciation, and those who buy Kin now, while the price is well below 1/100ths of a cent, will see significant return on their investment. That opportunity, as significant as it is, is not going to last much longer, and will not be available again.
Kin is designed to go against the “normal” crypto path of pump and dump. It is not designed for arbitrage trading. Again, it is designed for utility, to be earned and spent, unlike most cryptocurrencies.
Kin is designed to be an inflationary coin, not a deflationary coin. In that, I mean that Kin, through the KRE, injects liquidity into the ecosystem and does not appreciate solely due to its scarcity. The KRE rewards those who have significant positive effect on the ecosystem by awarding Kin to those entities or people. If you develop an app that captures people’s imaginations and is wildly successful (think PokemonGo), and you’re using Kin to monetize that app, that effect on the Kin Ecosystem will be greatly rewarded with equivalent Kin. By injecting this liquidity into the ecosystem, the KRE rewards those who make the ecosystem work. This also tends to have an inflationary effect that slows the growth of the coin into a manageable upward trajectory, versus a hyperbolic, exponential increase.
Bitcoin, on the other hand, is deflationary… which means that no new BTC will be brought into the BTC system, and its value is based solely on that perceived scarcity. Since it has no mass adoption or real utility, and it’s value can rise and fall very quickly in large amounts. People buy Bitcoin for two reasons only today; speculation, and movement of fiat currencies into other cryptocurrencies. Speculation is the reason most people get into cryptocurrencies; with the advent of Kin, that will no longer be the case. Once Kin begins mass adoption, the majority of people in cryptocurrencies will be in Kin, and will be using, earning and spending Kin without buying the coin on an exchange. They will not be speculators, they will be users.
Speculation has been the name of the crypto game in the past, of course, but that is about to change. Speculation on crypto will become the minority use case, not the majority. Bitcoin will always have a place, obviously, but can you buy groceries with it? Can you pay your electric bill? Can you go out to eat using Bitcoin? No. Bitcoin will always be the first cryptocurrency, but it is not a mass-adoptable currency with any single, strong use case in its current form. Kin was designed with Bitcoin’s failings in mind.
The question comes up: Will Kin ever be a truly valuable coin, even with a ten trillion coin supply? The answer is an emphatic YES, it will. It will never be a short-term investment; there will be no 10x tomorrow, or 100x next week. But for the patient, the growth is coming. For the long term HODLer, the rewards will be significant indeed.
Let me explain why the Kin Foundation, in designing Kin, chose to make the circulating supply 10 trillion Kin tokens.
Why are there 10 Trillion Kin?
To be a true currency with mass adoption, used by millions of people, there needs to be a large amount of Kin available. Otherwise, in very short order, people would be using Kin in decimals. It was decided that people would rather earn and spend multiples of Kin (i.e., 1000 Kin or 500 Kin) versus decimals of Kin (i.e., 0.0001 Kin or 0.0005 Kin), as is now necessary with Bitcoin, Ethereum and many others. Note that Kin can also be used in decimal divisions, so that in the future, the value of Kin will never be limited by an inability to be used by the decimal.
In order to tamp down the extremely volatile nature of many cryptocurrencies, a larger circulating and available supply is necessary. A balance was found at 10T where the supply is large enough to meet the needs of the millions of users, but was small enough to not interfere with the growth of value in the coin. The Kin Rewards Engine (KRE) is key to this balance. By injecting Kin liquidity into the ecosystem, it rewards those who enable and grow the system, but it also minimizes volatility and keeps value growth down to a sustainable, non-hyperbolic/non-exponential growth curve. In this, it both creates opportunity and eases fears of volatility, for users, developers and merchants alike.
There are currently 756 billion Kin tokens in circulation; most of the remainder are held by the Kin Foundation for their own use, and for rewarding those who enable the ecosystem via the KRE. The KRE is schedule to begin operation in Q3 2018. As the value of Kin appreciates, the number of Kin injected via the KRE will change, though the total value will not. For this reason, the KRE stands to be in operation, injecting liquidity, rewarding innovation and ecosystem enhancement and controlling volatility for many, many years to come.
In the end, 10 trillion coins will not be enough to satisfy the long term needs and desires of the masses. If 50 million people are using Kin, this works out to only 200,000 Kin available per user. Most early adoptecapitalists in the ecosystem hold many, many more than that. This eventual scarcity will drive the value of Kin up significantly; I won’t prognosticate how high. There is, however, no limiting factor. I am very bullish at this prospect… because of the last item, number 5.
Metcalfe's Law shows the correlation between the usage of a telecommunications system, the size of it’s network, and its value. As the number of users grow, this law shows us that there is a direct correlation between the supply, the number of transactions per day, and the approximate value of that coin. This law follows closely the movement of Bitcoin, Ethereum and other cryptocurrency systems, and shows that Kin will benefit from mass adoption and millions of daily transactions from tens or hundreds of millions of users. Without a large supply, this would not be possible.
The design of Kin requires 10 Trillion coins to be available to execute the plan. And the plan is to allow users, developers and investors to all reap the benefits of a vibrant and growing ecosystem. When there are hundreds of millions of users in the ecosystem, the value of Kin will be greater than most people can imagine. It’s an exciting time, to be sure!
So we’ve looked at why the circulating supply is important, and why it’s different from other currencies. Let’s look at the center of why this works, the KRE.
The Kin Rewards Engine: How it will disrupt Social Media monetization
How often do you log onto YouTube, or Facebook, or any other Social Media site, and click on a video you’d like to see? Before the video starts, though, you are forced to watch an advertisement… maybe it’s something you want to know more about, but more often than not, it isn’t.
What if someone was reading your chat messages and saw you were talking about buying new running shoes, and there’s the ad for that, placed right in your face. Currently, the harvesting of your personal and private conversations is real and ongoing… putting that aside (and that’s a wholly different problem that Kin solves), someone is making money by scraping your personal data off of private communications and browsing histories, creating ads that target your interests, and then forcing you to watch those advertisements. A bot is reading your data, intuiting your thoughts, and someone profiting off of you.
George Orwell’s “1984” called this person “Big Brother.”
The KRE puts an end to this exploitative monetization model. The advertiser compensates you directly for viewing that advertisement, or answering that ad, or for playing that game. You can then spend your Kin on spend opportunities like branded Gift Cards from hundreds of big named merchants like Amazon, McDonalds, and Best Buy, or the user can take their Kin to an exchange and sell it for the fiat currency of their choice, US Dollars, Euros, GBP or Yen. You can use your Kin to buy music, to view curated content, or to tip a content provider. Paywalls for online journalism will become a thing of the past.
The KRE will reward the developer or person or company who placed the ad and contributed to the ecosystem. The user is allowed to contribute financially to content they value; instead of having their personal information sold to an advertiser. The user also can benefit financially for their own intellectual efforts and content creation.
Businesses and developers will be able to easily move their Kin to exchanges to trade for fiat currency; this enables them to pay bills and salaries, and reinvest in other parts of their business. This also creates liquidity for exchange trading, which is an important part of the Kin Ecosystem.
In this way, the KRE will rewards users, developers and investors who participate by adding value to the ecosystem. It will be an “open” ecosystem, allowing people to choose their use of Kin, whether it be purchases within apps, soft monetization via giftcards, or hard monetization via exchange trading for fiat currency. It may also become an option for game fans, hobby coders and enthusiasts to produce a living income via Kin.
Why are there two types of Kin?
Initially, Kin was designed to exist on a single blockchain infrastructure, the Ethereum Blockchain. Kin’s ICO was performed on the ETH Blockchain, and all Kin currently available to buy on exchanges are ERC20 tokens, built around Ethereum.
Last year, Ethereum experienced significant delays in transaction times because of a game that had been built on the platform, called “CryptoKitties.” This game became very popular very quickly with Crypto fans, and in their exuberance, their usage crashed the Ethereum platform.
The Kin Foundation realized that Ethereum, in its current form, was neither fast enough, nor robust enough to support the millions of users of Kin. Something had to be done.
The Foundation decided to seek another blockchain for Kin. Something faster, stronger, and secure enough for the millions of users of Kin to have near instantaneous, secure transactions, no matter what. A couple of solutions were found: The Stellar Lumens blockchain (XLM) was chosen because of it’s transaction speed, utility and robust nature, and the Orbs blockchain, which can stand as a replacement if there is a problem with Stellar down the road.
But what about exchanges? Kin on Ethereum can expect to be on many exchanges, and that access to liquidity that is essential to the success of the project. Kin on Lumens or on Orbs wouldn’t have widespread access to exchanges. This was a dilemma, The solution was to create the first ever two-blockchain cryptocurrency.
All Kin bought and sold on exchanges is on the Ethereum blockchain. Kin to be used in the KRE, the Kik app and the Kinit app, and in the remainder of the Kin Ecosystem, will be based on the Stellar Lumens blockchain. The two types of Kin will be functionally identical in value, and freely interchangeable between the two blockchains.
Basically, users will earn and spend Kin (XLM) in the Kin Ecosytem, due to Stellar’s robust design and fast transaction speed, but when they wish to move their Kin to an exchange, their Kin (XLM) will be exchanged for Kin (ETH) on a 1 for 1 basis prior to moving the Kin to the exchange of their choice for trading purposes.
In this way, the needs of all Kin users will be met. And should Stellar be someday unable to meet the demands of mass adoption, the Orbs Blockchain, and others, are available for later development. In any event, this dichotomy of Kin will be mostly transparent to the user, and will not impact the value or the utility of the currency.
The Kin Foundation has developed this dual-blockchain technology so that Kin can become the first mass-adopted, widely used cryptocurrency in the world.
So, how much will Kin be worth?
This is a big question. Many naysayers don’t believe Kin will appreciate significantly because of the large supply. This is based on their past experiences with Cryptos that don’t have utility and are simply speculative in nature. That’s not the case with Kin.
To be completely honest, no one knows how much appreciation Kin will experience, or when it will reach a certain value. Here’s what we do know:
Kin is positioned to be the first mass-adoption cryptocurrency in the world. Today, less than six million people worldwide own or use and cryptocurrency… this is an astonishingly low number. Kik, the messaging app behind Kin, has over 300 million registered users. Kin will be introduced first on the Kik app; Kik app users will have their first opportunities to earn and spend Kin before the end of 2018.
So basically, once Kin is introduced on the Kik app later this year, the number of people using cryptocurrency worldwide will multiply many times. In one day. Kik will introduce crypto to tens of millions of users by the end of the year.
As mentioned before, Metcalfe’s Law shows the relationship between a cryptocurrency value and the usage or transactions conducted by that coin, and the circulating supply. With current supply at 756 billion, and assuming transaction numbers in the 10 million per day range, Kin should be trading at around $0.01 per coin. Remember, however, that the KRE will be raising the circulating supply, and it may take some time to get to 10 million transactions per day. The value of Kin hinges on these numbers. In this, the beginning of the ecosystem, there is no foolproof way to estimate the value of Kin on any certain day.
That said, there is no limit to the value of the coin, over time. None. Not circulating supply, or market capitalization, or anything else. No limit. In a decade, after the ecosystem has matured and is operating solidly, Kin could be worth…. Well, you fill in your own numbers. I have my opinions, and they are not limited by the number of coins, the market cap or anything else designed into the coin. For me, it all hinges on mass adoption and usage.
Partnerships
Kin has inked a number of partnerships that are exciting and will stand the ecosystem well into the future. Two recently announced partnerships are UNITY and BLACKHAWK NETWORK.
UNITY
Unity is the ultimate game development platform. It brings together developers and technical assets in ways that allow the creation of some of the world’s most popular digital games. There were 5 billion downloads of games made with Unity in Q3 2016 alone. Today, games that were made with Unity exist on 2.5 billion unique mobile devices.
App and game developers will be able to insert Kin’s “5 minute SDK” (Software development kit) into the code of their app or game, and be monetizing their efforts with Kin in minutes. This “plug and play” approach makes the Kin Ecosystem and its rewards accessible to almost every developer, without the expense, time and research of developing a cryptocurrency. It truly is bringing cryptocurrency to the masses.
Simply plug the “5 minute SDK” into your code, launch/update it, and within minutes, you’re creating revenue. Your users will also have earn/spend opportunities, and your game/app usage will grow dramatically. No more sharing your revenue with the Apple App Store, or with Google Play Store. This is a huge increase in revenue for developers.
BLACKHAWK
Blackhawk Networks is the leading gift card supplier. Simply put, if you’ve ever used a gift card, it most probably came from Blackhawk Networks; that’s how deep their market goes. Over 250 different branded gift cards will be available for developers to choose from for their users to select, based on their personal knowledge of the demographic. Is your app a traffic or mapping app? Perhaps your users would appreciate being able to earn Kin to buy a Dunkin Donuts cash card. Because, coffee. Is your app a fitness app? Perhaps a Nike gift card is more appropriate. Is it a game geared towards younger users? There’s always McDonalds. A dating app? How about a card for flower delivery?
You can see that the options are endless. And don’t forget, the user AND the developer can choose to move their kin to other apps for other options, or to large cryptocurrency exchanges, where they can exchange their Kin for dollars, euros, etc.
In this way, the ecosystem is enhanced, the cycle begins again, and the KRE continues to reward.
Big Investors
One of the things that first got me excited about Kin was learning that Kik and Kin were heavily invested in by Tencent, the Chinese behemoth company behind WeChat. I travel extensively to China for my day job, and it was an incredible realization to see that most Chinese don’t carry paper currency anymore. Hundreds of millions of Chinese use WeChat every day to purchase everyday things like food, movies, clothing and the like. WeChat connects to the user’s bank account, and instantaneously debits the accounts when the user makes a purchase. Many retail outlets and vending machines in China no longer accept credit cards, and fiat purchases are dwindling in number.
Tencent’s interest in Kin is significant. Imagine Kik, using Kin, evolving into something similar… with hundreds of millions of people using Kin to conduct a significant amount of the economic transactions in their daily life! The adoption and utility numbers are mind boggling.
Additionally, there are a number of heavy hitters in the Crypto space investment community. Union Square Ventures (USV) is an investment fund that has bet heavily on Kik, and thereby, on Kin. Other investments from USV include CoinBase, Koko, DuckDuckGo, CodeAcademy, DuoLingo, Wattpad, SoundCloud, Foresquare, Kickstarter, Meetup, Etsy, Disqus, Tumblr, Twitter and Zynga. As you can see, Kin is extremely well positioned, and the monetization opportunity Kin represents for these companies is being explored.
Wrapping it all up in a big red bow…
The TL;DR version is this: Kin is poised to become the most used cryptocurrency in existence in 2018. As the KRE comes online, Kin is introduced to the Kik Community, the discrete Kin app (Kinit App) is released, the 5-minute SDK is finalized, more partnerships come online, more and major exchanges offer Kin trading, and word spreads, expect the value of Kin to begin growing significantly.
Kin currently sits near the bottom of the top 100 cryptocurrencies in terms of market capitalization, but the expectation is that Kin will rise towards the top of the top 100 in short order. As the value increases, so does market cap. Don’t make the mistake of thinking market capitalization limits the growth of Kin in any way; it will be the usage and mass adoption that will grow the value.
As the crypto market recovers from the last few months, look for Kin to accelerate its growth as more partnerships and exchanges are announced. Once the KRE begins operations, the value of Kin will grow more quickly. I do not expect Kin ever be worth less than it is right now.
The future for Kin is extremely bright. The Kin Foundation has much work left to do, but they are up to the task. Stay informed, and make sure your portfolio has Kin in it!
submitted by hiker2mtn to KinFoundation [link] [comments]

Bitcoin For Beginners FAQ 2019

Bitcoin For Beginners FAQ

When was Bitcoin created? Who invented Bitcoin?
In 2009, the first Bitcoin was mined by someone nicknamed Satoshi Nakamoto. There are still disputes over who Satoshi is.
Ever since then, the open source project has been accumulating many users and enthusiasts who have contributed their time and efforts to developing and distributing the bitcoin around the world.

How is Bitcoin created? What is Bitcoin mining?
Bitcoin comes into the world through a process called mining. It’s an analogy to gold mining, but instead of actual mining, new Bitcoins are created using computer power. In the past it would have been worthwhile to mine Bitcoin.
Today such huge computer power is required that bitcoin mining is not usually profitable. Currently, there are total of 16.5 million Bitcoins, and the mining process will continue until reaching the maximum limit of 21 million Bitcoins.

How to buy and sell Bitcoin?
The simple and easy way to get Bitcoin is by buying online or at bitcoin ATMs that are located around the world. Click hereto buy Bitcoin with a credit card with our partner exchange.

How can you store Bitcoin and other cryptocurrencies?
Just as regular coins are stored in your wallet, Bitcoins are also stored in a dedicated digital wallet. Each wallet has its own public digital address, to which coins can be sent.
The address is a string of numbers and English letters about 30 characters long. There is no cost to create a new wallet, or a limit on the amount of wallets you can have. There are several types of wallets, which differ mainly in their security level.

How is Bitcoin being transferred? How long does it take to send Bitcoin?
A Bitcoin transaction is a digitally signed order and hence securely encrypted. The transaction is signed by the outgoing wallet and gets broadcast to the internet, and then gets listed on the block explorer.
This explorer is a log that keeps track of all Bitcoin transactions. The log is divided into blocks, each block contains of a number of log commands, and once the block is closed, the actual transaction takes place. It takes an average of about 10 minutes to close a block and confirm a Bitcoin transaction. Most exchanges require at least 2-3 confirmations in order to ensure a bitcoin transaction.

How much does it cost to send Bitcoin?
The only cost of a Bitcoin transaction from one place to another (doesn’t matter the physical distance) is the miner’s fee, which is added to each order and paid to the miner for his work to close the block.
Relative to the means of money transfers, the cost of transferring Bitcoin is significantly cheaper. The fee is not fixed and most of the wallets automatically calculate the fee required. The higher the fee, the faster the transfer will be (i.e., your transfer will be handled by the miner, who prefers to take the higher fee transactions) As of writing this, Bitcoin’s transaction cost (fee) is around 1 USD.

Is it possible to buy or send less than one Bitcoin?
Bitcoin has 8 numbers after the decimal. The smallest amount is 0.00000001 Bitcoin and this unit of measurement is called one Satoshi. It is better not to send such a small amount because the transaction fee will be higher than the amount sent.

Bitcoin use: Who accepts Bitcoin? What can I buy with Bitcoin?
Today more and more business places and online stores are adopting Bitcoin as a valid payment method. Bitcoin’s daily use as money is still not as common as the traditional bank account, but with the help of companies such as Xapo and Bitpay, credit cards can be linked directly to Bitcoin wallets and are respected anywhere as a standard credit card.

What affects the price of Bitcoin?
As stated, Bitcoin is traded on an open free market. Its value is affected by supply and demand as in any normal market. According to past events, a direct connection can be discerned between instability and crisis around the world and the Bitcoin.
For example, political events such as the Brexit (the UK voted to leave the European Union), the last US elections where president Trump was elected, cancellation of the largest Rupee bills in India – all of which have recently led to an increase in the Bitcoin’s value.
Of course, an event such as recognition of Bitcoin as a legitimate way of payment (like in Japan) also increased Bitcoin’s value, whereas hacking of crypto exchanges, Bitcoin regulation, the postponement of the Bitcoin’s ETF caused panic and a rapid decline in value. So – we decided to publish an article with an appropriate answer to the ultimate question – should I buy Bitcoin?

What is the Guinness record for the most expensive pizza?
During the summer of 2010, when many had doubted the concept of Bitcoin, one of the early adopters named Laszlo Henitz tried very hard and succeeded in ordering pizza and paid for it with Bitcoin.
In those days, Bitcoin was worth nothing (cents) and to order two family pizzas worth $ 30, Laszlo paid 10,000 Bitcoins! What was later considered as the first ever purchase in Bitcoin, became also the world’s most expensive pizza. 10,000 Bitcoins worth today is worth more than 25 million USD.

Original article: https://cryptopotato.com/bitcoin-for-beginners/
submitted by Tokenberry to NewbieZone [link] [comments]

My Personal Digital Extremes Experience

My Personal Digital Extremes Experience
Hi Tennos.
First off I would like to state this is a throw away account. Don't want to log into my Primary Reddit account solely since I moderate on a sub-reddit

I am here to just share my story of my experience with DE. I hope, new players can see what this company is before playing the game. I understand my post will obtain a lot of dislikes by those that support DE, and the post may even be deleted by the moderators. I have read the posting rules, and this is not a petition. This is simply me getting my story out about DE. There will be no TL;DR, sorry. Not something I can really shorten, but will try to keep it as short as possible while retaining what I need to say.

I first started off this game back in... I want to say 2012/2013. I bought the Grand Master Founders pack. Enjoyed the game a lot, in fact, loved the game. Eventually, because of Yahoo and their terrible support, when Yahoo got a major leak a lot of us lost access to our Yahoo accounts. Said Yahoo email was unrecoverable according to Yahoo Support. I contacted DE support. In hopes they would change my email for me since that was the only game with significant value compared to my other games (I lost Runescape, Adventure Quest... blah idc). After a couple back and forth messages along with me showing proof of account ownership as well as what little evidence I had purchase wise (most was on my email), they basically said no. We can't help you.

That was the first time I have ever quit a game and felt completely rejected by support. Didn't seem worth it to make another account after losing so much progress as well as a $250 founders package. So quit a game I loved playing.

Eventually, met a person on steam that wanted me to play again. He has more than 2,000 hours in the game. He got bored of playing the game despite enjoying it a lot. Mostly was bored since not much to do now, and none of his friends would play without wanting something. So yeah sure, told him my story, but he said it changed. Lots of new changes. That, truth be told, got me excited. I loved that game initially, and the content when he explained it to me just sounded absolutely amazing.

Started playing with him. He gave me a quick boost to 30, as well as an absolutely amazing warframe called Equinox (to help make up for all the progress I lost, obviously wasn't the same, but made me really happy). Gotta say, Equinox is my favorite. I like how he looks. I like his play style. I like everything about him. So was progressing relatively fast since I am good at these games. I think I managed to get to MR6. Not bad... just started playing again, and only been a week. Well, I started having a need for platinum. First, my friend gave me platinum and a prime as a thank you for playing with him. He was incredibly happy to have someone to play with, and I was incredibly happy to play again. I used that platinum for basic needs like inventory, and improving my Equinox. Bought some mods I needed. However, I needed more. I purchased platinum. Didn't really want to, but to enjoy the game and advance I needed to. Only purchased $15 using my Steam Wallet from funds I obtained from selling Steam Cards. Not a lot, but it sure does help! Then after that ran out, I REALLY needed plat again. Maxed all my weapons and frames. Starting to run out of nodes. So started using the 2 online markets. The basic one and the riven one. Anyways, started actively trading.

I eventually met another player in one of my frequent Discord servers via the voice chat. He just popped in when I was in it. We started talking about warframe. Told him some about my past with it, what I am currently doing in it, and so on. He offers a trade with me. Some platinum, for some items. Sure? Why not. I need it. Make the trade, and he gave a large amount of plat. Enough to get me up in MR so I can start experiencing more of the game. Maybe... 2 days later? I try logging in and it says I am banned. Okay, must be a mistake since I didn't do anything wrong so I tried logging in again. Basically the message said Negative platinum. I did some research on it and it's from people with compromised accounts fraudulently obtaining or selling platinum.

I was shocked. When I cheat in games, it's single players I have beaten numerous times. I have no need to purchase boosting services in anything since I used to be a pro gamer (Diamond in Siege, Challenger LoL, Grand Master SC2, Top 2v2 and 3v3 in WoW Arena... etc.) I played a lot and got good. I never need to purchase currency since when I do it's solely from the company selling it. Why would I not support the game I enjoy? I was mostly shocked though since I am an injured vet. Absolutely no bank at the moment, PayPal Credit is in debt (which banned me from using it) and I don't have any means of income other than a VA check I use solely for survival. Why would I sacrifice eating, medical treatment, and living in a place for mere virtual currency that doesn't benefit me in the slightest?

So I contacted support. Provided the following: Emails (obviously I would need a payment confirmation or something from the person I bought it from), PayPal debt and ban proof, bank account closed proof, and my steam purchase of their currency to save them the time of asking as well as my market history of over 6,000 transactions (all selling) as well as 152 active ones. Also offered other ways of proof if they needed it such as a written statement from my old bank stating it was closed, would even tape myself walking in and asking.

Got my first response 6 or 7 days later. Out of what little respect I have left for DE I have left my name as well as theirs out of any pictures.

https://preview.redd.it/9qy1y54hour11.png?width=867&format=png&auto=webp&s=1dcbb4551cf3d02ff694247910b3d082e5de113b
When I play a game. ANY game. Actually, not even just games. The simple use of a website. I immediately read all rules, ToS/ToU, EULA and anything else they have to offer. Quite simply put, I personally did not break the rules. The player that traded with me did however. This message over all however made me mad and quite defensive. I have not, will not cheated in this game. I enjoy it to much to be that stupid. Basically put, if some of you have trouble reading it, these are the key points:
  • Known black market platinum re seller.
  • Any gifts received will also be removed in the same manner.
  • Purchasing in-game items with cash.
  • Reverse by paying them money.
  • Avoid unbalanced trades or free trades.
  • Participating in black market activity.
This, is ridiculous. After showing sheer amount of proof that I absolutely can not buy anything (at the time I only got $200 a month to use on survival by the VA... legit 3-5 times less than minimum wage), they still think I am selling. It's as if he completely ignored all my evidence I gathered up, just like when I lost my previous account to hackers.
A few points of my own though:
  1. If he was a known black market platinum seller why on Earth do you wait so long to do your job and ban them?
  2. Why must everything my friend gave me be removed as well?
  3. How do new players know whats unbalanced and not?
  4. How do you avoid black market activity, when you're not seeking it out?
With all of that in the first message, despite reading every single ToS they had available, they're treating me as a pro player with thousands of hours with the knowledge of the exact price of every item in the game. I am new. This information is not easy to obtain, especially in a chat dedicated to bowsette and pineapple on pizza. So here's my personal logic and understanding on those 4 points from the first message:
1) I speculate, it's solely for them to make more money. They are a small company. I checked the platinum prices for each region that plays the game and by far the most popular, and price efficient is Russia. The prices are incredibly cheap, especially if you want to sell it. Which I am assuming, this along with the fact numerous reports on the forums that majority of the sellers are in fact Russian, means that it costs (according to enhanced steam on Chrome/Firefox) 1659 Russian currency. That, does not sound like a lot. It, to be honest, isn't. If a Russian has 100 USD, he can buy 4 packs that are worth $99 USD each. Simply by converting US currency (For reference: 1659 руб = 25.09 USD or 37.25 CAD). If I wanted to buy platinum for cheaper in a way that goes past the ToS of course, I would simply send support a message "Hey support, I'll be here for work. Will be there for a couple months. Will be playing your game while I am there, and may purchase something. Just wanted to let you know.", install a VPN and use a connection consistent with my story, use it for a couple weeks maybe even months, send another message to support saying you're returning and bam. Done.
Now why on earth, would I go through the trouble of looking for a seller. If I could do all of that in a manner of minutes?
Doesn't make sense. So my point is, if they can't even ban a person that's not only known as a black market seller, then why shouldn't I make the jump to saying they're clearly profiting off the black market purchases? All they need to do is let the guy keep buying and selling. And when someone enjoys the plat for a day or two simply ban that person, tell them they need to pay to get out of the negative. Usually ends up being $100-$400. And profit. That adds up to be honest, so am I really that far off in my speculation?
2) Why must everything I received from a friend be removed to? He's on my steam friends list. On my in-game friends list. We've planned numerous games all day together, but even he is a threat? Really? If you remove everything he gave me, I would literally be just Excalibur, the 2 starting weapons, no mods, and no levels. Not a point in playing now is there?
3) How do we know? Really. Any community representative or moderator in the game, absolutely does not recognize or care about anyone other than their friends or people they actively talk to, bs to, or play with. So they're out of the question. Only about >1% is actively helping players, but it's so hard to see their responses from the sheer amount of childish chats going on in the chat. If I can't ask anyone, there's no list available, and I am brand new. Then how the heck am I supposed to know if it's unbalanced or not?
4) I traded with someone, using DE's own trading system, using their own items, to obtain their own stuff. Nothing I did, was part of black market activity other than accepting a trade from a player that requested specific items verbally to me.

Of course however, I got really mad at that point. They're trying to force me to pay money if I want to have access to a count I did nothing illegal with. I sent my response in anger, and requested someone above him to talk to. My request was beyond ignored.

Got my second response 2 days after the first:
https://preview.redd.it/u2j4dj50wur11.png?width=951&format=png&auto=webp&s=e9cd1b1c62c60b9ece418ad3170c8c3ba027c5ba
This probably aggravated me the most. This message, made me re-read the first message he sent and I noticed something I probably should have before I sent my response: Extortion.
1) He claims here my screenshots provide no evidence despite what he said earlier. Earlier he said, I illegally obtained currency by purchasing it from a third party re-seller. Now, please tell me how my bank, PayPal, email log, and steam market transactions are completely unrelated? They are ALL RELATED TO MONEY. That's the bottom line. He basically disregarded my evidence I have given him. As I was talking to my dad about this, he mentioned; "well you could just go get a gift card or something from the store" and I said, "First off, with what money? I get $200 a month for injuries, no job, and I am mostly freeloading off of you until I recover. Second, to use most of the debit gift cards I need to use it through PayPal, which of course is banned. Also, most websites after checking to see how to purchase currencies, only take PayPal, Bitcoin, or a legit card that can only go through a Russian bank which I cant do, because gift cards don't work internationally like that. They don't like it."
2) If he took the matters seriously, he wouldn't have completely threw out all my evidence I provided (about 7-9 screenshots over all), as well as do a simple task even an 11 year old can do: view a log. Viewing a trade log is not investigating. An investigation relies more on just having the Kick bot be like, "Bro, this trade looks funny." An investigation, is taking all sides into consideration, not throwing out anything that goes against their original claim. When I was 13, I was running a community of over 100,00 people, being a pro gamer, and working on scripting for a wow private server. I'm smart. Not an idiot. I know how companies investigations work, and I know how to investigate a game. But when someone comes to you with a bunch of proof you didn't do something, why the heck would you toss it out unless you know you're at fault?
3) This is where, in my current response I said I will literally go to UPS and United States Postal Service and get you any documentation you want. I will get you entire lists of everything I have ever sent and received. So now, not only did I offer to get proof from my bank that I literally can't purchase anything, but now I am offering to invade my personal life simply to give them the irrefutable proof they need. I also requested the general location of the guy who had the compromised account. Not the exact IP, just the region. So they can't go back and say, well... it says it right here... or you're still hiding something.
4) If anyone has used Discord, you know what I mean when I say voice chat proof is non-existent. It is literally impossible as far as I know. I'm sorry. I will not ever record every single thing I do and take screenshots every five seconds. Honestly, maybe I should since companies don't understand how anything works other than how much money they can make. For those that don't know, when you join a chat (at least on my main servers) it does not say when someone does and it does not keep a log of it (at least on my servers I joined). You may also change your name, nickname, and profile picture at any time. As well as the last four of your identification number if you have nitro hence when you see Discord#0001 or something along those lines. So proof of this? If he knew anything of Discord it's impossible. Especially since I would have had to not only take a screenshot at that exact time, but some how magically found a way to record his voice through my headset.
I will NEVER keep my profanity in check. I am military. I talk the same way to my superiors, and them the same way to me. It's how I am in my life. I find it highly disrespectful someone who does not know me asking me to change something about myself, how I have been my entire life, because it "bothers him". I don't care what bothers him on a personal level. I really don't. It's not his job to bring his feelings into the matter, it's his job to be support and he should act that way. In his personal time, by all means act like whatever you want. The fact is that he has a job and is a doing a poor job of it.
So overall, my experience with them over the years is... terrible. Especially now, where they are literally trying to extort money out of me to have access to a free game. It would make sense if I was at fault. To be honest, completely and utterly honest, I am not. I have provided as much proof as I can that I don't have money to spend on a game other than what I already have on steam. I have played the game fairly and followed their rules to the letter. The consistently get called on their shit on posts, and peoples issues tend to go unsolved. Of course, not everyone is innocent, but the few of us that are get screwed. Seriously though. I showed how they're asking for money to some people. I have read it over and over and over again to make sure. The company is clearly trying to extort money out of me. Obviously, I can't do anything about it. Take them to court, and their expensive lawyers would win or at least keep it at a stand still for years. So my last resort was letting everyone know my experience. Point out their extortion, and hope at least some members of the community read this before it gets deleted. If you agree with my review about the game please up-vote or down-vote it. It's an honest review about all aspects of the game. If the link doesn't work, you can view the name in it, look up my profile, and find the reviews on my page.

Take care tennos.
submitted by BlackMoonIE to Warframe [link] [comments]

10 Most Expensive Things Bought By Billionaires - YouTube 10 Most Expensive Virtual Items Ever Sold 8 Biggest And Most Expensive Gemstones off All Time - YouTube 18 Most Rare & Expensive Gemstones - YouTube The Most Expensive Food Ever Sold!

Speculators, the media and who knows who else got wind of Bitcoin, and the price shot up to over $1,200 at the beginning of December. As of this writing, after taking a hit from a ban on new ... Bitcoin is going nuclear. Today, the price of a single bitcoin has hit $10,000 — making 10,000 of them worth a staggering $100 million (£75 million). Bitcoin is going nuclear. Just a year ago ... It is the most expensive pizza in the world. It takes almost 72 hours only for the making of its dough. The topping of this pizza is done with the buffalo mozzarella and pink sea salt as well. The price of the world`s most expensive pizza is $12,000. It is very expensive, and everyone in this world cannot afford to eat this pizza. May 22 marks the anniversary of the first-ever IRL purchase made with Bitcoin. Back in 2010, Laszlo Hanyecz made history when he bought two Papa John’s pizza (worth USD 25) for 10,000 BTC. At the time, the world’s first cryptocurrency was only a year old and the hungry ‘Bitcoin Pizza Guy’ thought it was a bargain. It was only 9 months later that Bitcoin hit parity with the US dollar ... On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for ...

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10 Most Expensive Things Bought By Billionaires - YouTube

Forget Lambos. The first car ever purchased with Bitcoin was a Toyota Prius. Owner Michael Tozoni takes us for a drive and tells CoinDesk what he loves – and regrets – about his purchase. A friend of mine created the Bitcoin Pizza when Bitcoin was about $2,000. Now...its way more, but its still a bitcoin if you want one! Thanks to PIE for making this happen. Oh you also get ... THE BIGGEST BITCOIN PRICE MANIPULATION EVER!!! sunny decree. Loading... Unsubscribe from sunny decree? ... The Most Expensive Weapon Ever Built - Duration: 8:20. Mr. From the most beautiful stones in the world to the most expensive rocks you’ve ever seen these gemstones are worth a shocking amount of money 18 Fire opal 17... Here are some of the most expensive foods ever sold! 10 - Pizza Royale 007 There’s no reason why delicious comfort food such as pizza can't become a ridiculously expensive delicacy.

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