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Want to know how why Venezuela has an interim president that is not Maduro?

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All funds transfered will be used to buy medicines and food for people in need Venezuela. Please, donate. https://www.paypal.me/sorckas Bitcoin 1JdBWtt995mHH7uYbPjZJNDeh1KxvFMYgB Ethereum 0x5535EEeF023499419f965dc9336A6F339298dC24 Bitcoin Cash qp0r0akjaxfddqzlmskjlu0gq5ydweh0judwhpqn9n
Many people argue that Juan Guaidó is not the president of the republic, or that there's a coup d'etat in Venezuela. Other argue that the legitime president of Venezuela is Nicolas Maduro because he won elections, and therefore he should be president. There are so many people who want to know the true but they simply find biased information provided by government-funded agents such as TelesurTV that have clearly a bad reputation when it comes to report the venezuelan humanitarian crisis, the constitutional crisis, and every other aspect that you may find necessary to really understand what is going on Venezuela. To understand how we are here, we must learn about past events like designation of judges to the Supreme Court, derogation of the presidential referendum, dissolution of the parliament, a new designation of judges to the Supreme Court, and other things that I will try to put down in an effort to let people know what actually happened since 2013 to 2019.

First of all. How did Maduro came to presidency?

He was named vicepresident by Chavez, then Chavez died in 2013 which leaves Maduro as the interim president until new elections were convened in april of 2013, which Maduro claims he won, but the opposition contested and called to count the ballots something that the electoral body never does unless it is asked because the results are always issued electronically. The electoral body (put in there by the socialist party) didn't accept the petition to count the ballots.

2015 parliament elections

After the electoral body didn't accept to count the ballots, the discontent against the regime grew among the population, allowing the opposition to keep winning popular support. On December 6 of 2015 parliament elections were hold. The opposition won with 56% of the votes, something that many people didn't expect. The opposition obtained 2/3 of the seats in the parliament.
Both Maduro and the opposition recognized the results as the electoral body claimed that there were not any irregularities

13 new judges illegaly named

On December 22, 2015, the incumbent parliament members who were elected back in 2010 illegaly named 13 new judges to the Supreme Court, something that should have happened not in 2015 but in 2016. The vast majority of these new judges were parliament members the same day they were appointed to the Supreme Court. They even were the ones who proposed in the parliament to name new judges, and of course, they were members of the socialist party. The parliament back then was still controlled by the socialist party.

The Supreme Court declares null the election of deputies elected in December 6 of 2015

One of the socialist deputies who was illegaly named judge to the Supreme Court in December 22th of 2015, declared null the election of several opposition deputies in Amazonas state. This caused the opposition to lose the 2/3 of the parliament that it obtained after winning the election of December 6.

166 deputies sworn in to the parliament, including Amazonas' deputies

On January 6 of 2016, 112 opposition deputies were sworn in to the parliament, including those who were elected in the Amazonas whose election was contested

The Supreme Court outlaws the parliament

After the opposition-held parliament decided to sworn in three deputies who were elected in the contested Amazonas circuit, the supreme court decided, at petition of one parliament member of the socialist party, to outlaw the entire parliament alleging they disobey the orders to not swear in the Amazonas' deputies.

The opposition calls for a presidential referendum

According to the venezuelan constitution, you can recall any elected official after having completed half of the term for which the official was elected. This was the case for Maduro's presidential term which was at its half in April of 2016. The opposition wanted to recall and started the process to do so in April of 2016, but first, according to the constitution, they needed to follow a procediment to collect signatures which must be verified by the electoral body. The opposition needed only 300,000 signatures, they instead collected 2,1 millions of signatures
The opposition parties did call for the presidential recall, not the parliament. Just for clarification.

Electoral body cancels the presidential recall

Because of 10,000 suspicious signatures, the electoral body decided to cancel the entire presidential recall, this caused a huge discontent among the population. This excuse to cancel the presidential recall was already an obvious attempt from the electoral body to protect Nicolas Maduro

The parliament annuls the designation of judges to the Supreme Court

Because they were illegaly named, the opposition-held parliament decided in June of 2016 to annul the designation of the 13 judges who were named back in December of 2015.

3 deputies who were sworn in, were taken out

Beginning in 2017, in its first ordinary session, the parliament, then chaired by Julio Borges, deputy for the opposition coalition, officially disbanded the 3 challenged deputies, fulfilling the condition of the Supreme Court to exit contempt. However, the Supreme Court did not withdraw the contempt alleging that the old directive presided by Henri Ramos Allup is the one who must do the formalities

Supreme Court granted legislative powers to Nicolas Maduro

In March 27 of 2017, the Supreme Court granted legislative powers to Nicolas Maduro, however, they quickly clarified the judgement by issuing a clarification where the judges supressed to grant legislative powers to both the Supreme Court and Nicolas Maduro

Nicolas Maduro calls for a constituent assembly, to create a new constitution

On May 1, 2017, Nicolas Maduro, issued a decree to convene a National Constituent Assembly (ANC) based on a controversial interpretation of articles 347, 348 and 349 of the Constitution. This call again ignited the alarms of Venezuelan society, as many jurists point out that Maduro has violated the Constitution by usurping the functions of the sovereign people when calling a Constituent Assembly, when this power corresponds strictly to the People of Venezuela as a whole and not to people in particular. A Constituent Assembly is a supranational body, all-powerful institution that can change from the education curriculum to remove any officials of any branch of the government, including the president of the republic, reform or derogate the criminal code.
It would not be the first time a constituent assembly would be convened. Back in 1998 Chavez did the same, but first he called for a consultative referendum to decided whether the people agreed to convene elections to elect constituent deputies. If the results of the consultative referendum were against the election of constituent deputies then there won't be any constituent assembly at all. Nicolas Maduro didn't allow the people the chance to vote in a consultative referendum to decide whether we wanted a constituent assembly or not. He just directly call for elections to elect constituent deputies implying there will be a constituent assembly.
This move to call for a constituent assembly was seen as parallel national assembly.

"Maduro is the people"

On June 7, 2017, the Constitutional Chamber of the Supreme Court handed down judgment 378, which determined that the president was authorized to convene a constituent without a prior consultative referendum, since he acted in the name of the sovereignty of the people. Article 5 of the Constitution establishes that the sovereignity "resides intransferably among the people." People argue that Maduro himself can't act in the name of the entire population for these matters.

Attorney General filed a contentious electoral appeal agains the constituent assembly

On June 8, the Attorney General, Luisa Ortega Díaz, filed to the Supreme Court a contentious electoral appeal and precautionary relief for all purposes of the constituent assembly and, invoking Article 333 of the Constitution, invited all Venezuelans to join the appeal in order to stop the constituent assembly and preserve the validity of the current Constitution. The next day the vicinity of the Supreme Court was closed by State security forces preventing citizens from adhering to the appeal filed by the attorney general

Illegal appoinment of 13 judges elected in 2015 was contested by the attorney general

On July 2, 2017, the attorney general challenged the appointment of the 13 principal judges and 21 substitutes after it was known that in the process of appointing these judges, the Republic Moral Council (formed by the Citizen's Branch which includes the attorney general, the ombudsman, and comptroller) did not hold an extraordinary session to evaluate the scales of application, as established in Article 74 of the LOTSJ (Organic Law of the Suprme Court), but they sent the files of the candidates and then presented the minutes to sign it, which she refused to do so because the session had not been held. The next day, the ombudsman presented a document with the alleged signature of the attorney general alleging that she had signed the act. María José Marcano, former secretary of the Republic Moral Council accused the ombudsman of lying and presenting a forged document, because neither she nor the attorney general had signed the act as it was an act performed illegally due to political pressures

Attorney general was dismissed by the Supreme Court

At petition of a socialist parliament member, the Supreme Court dismissed the attorney general and granted its powers to the ombudsman that are exclusive of the Public Ministry

Opposition-held parliament appoints 13 new judges to the Supreme Court

Once the attorney general contested the election of the 13 judges to the Suprme Court illegaly appointed in december of 2015 by deputies of the socialist party, on July 21 of 2017 the opposition-held parliament decided to follow the procediment fulfill the necessity to appoint new judges to the Supreme Court. This time, every aspect of the process was fulfilled. Days later, Maduro started to jail these judges, however, many could flee the country before being kidnapped.
However, they are functioning as the legitime Supreme Court since it was named by the opposition-held parliament.

Elections to the constituent assembly take place on July 30

The only candidates were members of the socialist party because the electoral bases were designed to avoid any other person not affiliated to the party to be candidate. Only socialist party members could be candidate to the constituent assembly.
The election was denounce by most western countries, including Canada, the EU, Australia, among others.

Constituent assembly calls for presidential election

On January 23, 2018, the constituent assembly decreed that the presidential election scheduled for late 2018, should be held before April 30. Several countries in America and Europe have expressed their disavowal of the results due to the impediment of opposition parties participation and the lack of time for the lapses established in the electoral regulations.
Two days later, on January 25, the Supreme Court ordered the electoral body to exclude from these elections the ballot of the Democratic Unity Table (opposition coalition), arguing that within that coalition there are parties that have not complied with the validation process of political parties established in the law.

Presidential election took place on May 20, 2018

The only candidates were Nicolas Maduro, ex chavista Henri Falcón, and the evangelical pastor Javier Bertucci. Maduro obtained 68% of the votes. Henri Falcon didn't recognize the results, as did many countries around the world and the rest of the opposition parties.
The election was rigged as electoral observers including the Carter Certer condemned the election.
The parliament rejected the election.

Supreme Court in exile annul presidential election

On July of 2018, the Supreme Court that was named by the opposition-held parliament issued a decree to nullify the presidential election, ordering the parliament to name an interim president. Source

Christian Zerpa defects and flees to the US

On January 8, 2019, Christian Zerpa, one of the 13 judges named illegaly in 2015 by socialist parliament members, who also accepted the petition to outlaw opposition-held parliament, defected and fled to the United States, this being motivated by disagreeing with the swearing in of Nicolás Maduro for a second presidential term. Zerpa made a series of statements that questioned the independence of powers and the transparency of Venezuelan justice.
He confessed that he was appointed as a judge in the express process of 2015, because he had always been loyal to Chavez.

Maduro swore in to the presidency

After the presidential election that took place in May 20 of 2018, Maduro swore in to the presidency on January 10 of 2019. This must be done in the parliament but this time he did it in the Supreme Court.

Legislative year ended, new body president is approved

Juan Guaidó was elected president of the legislative branch on January 5 of 2019

Presidential term ended in January 10 of 2019 without an elected president of the republic

The parliament, after rejecting the election back then in May of 2018 and following the judgement issued on July of 2018 by the Supreme Court in exile, stated that there is not an elected president of the republic.
The powers of the executive branch must be transferred to the president of the legislative branch.

Juan Guaidó assumes executive powers, swore in in January 23 of 2019

As an interim president, he must call for elections in the next 30 days, however, there may be some inconvenients about having elections right now. Therefore, he called for a transitory government.

FAQ

What happened to the 13 judges named by the opposition-held parliament, and to the attorney general Luisa Ortega?

The new Supreme Court is fulfilling his duties in another country, as they're recognize by the OAS and the US.
Luisa Ortega now is exiled. She was replaced by the William Saab who was the ombudsman at the time she fled the country. The vice-ombudsman became the ombudsman.

Was the 2018 presidential election legitime?

The body who must convene the election must be the electoral body. For the 2018 presidential elections, the constituent assembly was the one who called for presidential election. If you don't recognize the constituent assembly, then you don't recognize neither the election it convened for.

Why we don't recognize the constituent assembly?

Because we didn't had a consultative referendum to decide whether we wanted a constituent assembly or not.

Why did the opposition parties boycott the election to elect constituent deputies?

The electoral bases for the election of constituent deputies, that took place in june 30 of 2017, were rigged. Only socialist party members were allowed to be candidate. The opposition parties were not allowed to have candidates. They don't even boycotted the election, they couldn't even be candidates.

Is Venezuela a socialist country?

Yes, it is.

70% of the Venezuela's economy is privately owned?

No, it isn't. In order to be on privately owned you first need private property rights. That's to say, if you own something, you then can put prices to products and even distribute/sell or buy whatever amount you want. That is not the case for Venezuela as most of its economy is actually collectively owned, based on socialist principles.
You can't put prices to products, and you get exprorpriated if you produce basic goods, for example. You can't sell them for profit.
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Re-Launching The Borderless, Unkillable Crypto-Fiat Gateway, DAIHard. Enter or Exit Crypto via Any Fiat and Any Payment Method, Anywhere in the World, Without KYC. All you need is a little Dai.

Some of you might recall recall our initial facepalm failed launch about 3 months ago (post-mortem here). Well, we're back--this time with an audit and some new features. This version of DAIHard should should die a little harder this time ;)

The Audit

After shopping around a bit in the auditor space, we decided to go with Adam Dossa--the very same Adam Dossa that actually found our launch vulnerability and responsibly disclosed it to us! You can see his report here. By the way, Adam has been a gem: friendly, professional, timely, and flexible. Definitely keep him in mind if you need an audit!

(Re)Introducing DAIHard

Following is an updated version of our original launch post. If you've already read that, you might want to skip to the heading What's New in v0.9.2. Or you can go straight to the app or go to our info site for more info!
Here is a legitimate concern most of us are familiar with:
To enter or exit the crypto economy, we rely on centralized exchanges such as Coinbase, which track their users, impose limits, and are tightly coupled to their jurisdiction and its banking system. And for all we know, any day now regulations could start tightening these controls further (*we've actually seen some of this play out in the two months since our first launch post). In light of this, can we say in any meaningful sense that crypto is anonymous, limtiless, borderless, immune to regulation, and (most importantly) unstoppable?
To really address this concern, we need a completely decentralized gateway between fiat and crypto: something that extends the benefits of crypto to the very act of moving between the old and new economies. But the design of such a platform is far from obvious.
(Localethereum comes close, but as discussed under Unkillable, it doesn't quite cut it. And Bisq is decentralized, but has significant UX hurdles.)
We believe we've found a solution. We are proud to present:

DAIHard v0.9.2 - Almost Definitely Not Broken This Time

If you want to jump right in, we recommend first watching our latest usage demo (7 min), then diving in and giving it a shot with a small amount of Dai. (Try it on Kovan first if mainnet is too scary!)
DAIHard extends many of the promises of crypto (borderless, anonymous, limitless, unstoppable) into the exchange mechanism itself, allowing anyone, anywhere to bypass centralized exchanges and the control they impose.
More concretely, DAIHard is a platform, run on smart contracts, for forming one-off crypto/fiat exchanges with other users, in which:
Again, our latest usage demo (7 min) shows this process in action.

Two drawbacks

You Need either xDai, or both Dai and Ether, to Use The Tool (At Least For Now)

If you want to buy Dai on DAIHard, you must already have Dai--1/3 of the amount you want to purchase--to put up as a burnable deposit. For example, if you only have 10 Dai now, you can only commit to buying 30 Dai, and must complete that trade before using the newly bought Dai to open up a bigger offer (for up to 120 Dai that time).
Most tragically of course, this means that if you don't already have some crypto, you can't use this tool to get crypto--this is why we avoid calling DAIHard an onramp specifically. This comes from the fact that both parties must have "skin in the game" for the game theory to work, and a smart contract can only threaten to burn crypto.
We have some ideas on how to address this drawback in the not-too-distant future, which we'll write about soon. For now it's time to launch this thing and get some users!

Dangerous and Scary To Use

In rare cases, a user may have to burn Dai and face a loss on the entire trade amount. The necessity of this ever-present risk is explained in detail in DAIHard Game Theory.
However, a cautious, rational user can gather information (possibly via our [subreddit](daihard)!) about how people have used the tool, successfully and unsuccessfully. They can then create a buy or sell offer with wisely chosen settings based on what has worked for others. Other cautious, rational users can find this offer and commit to the trade if they dare. We expect the vast majority of committed trades should involve rational, cautious users, and should therefore resolve happily.
Still, inevitably there will be sloppy trades that result in burns. As the tool is used, we'll be keeping a close eye on the frequency of burns and keeping you guys updated (perhaps via a "System Status" utility similar to the one found on MakerDao's explorer). In the end, though, we expect the risk in using DAIHard to be comparable to the risk of using any exchange or DNM: ever-present but low enough for the platform to be useful as whole.
So, while DAIHard will never shut down and can't perform an exit scam, the bad news is it's not risk-free. Users will have to approach DAIhard with the same level of caution they would with any new exchange (albeit for different reasons and with a different approach).
So what's the good news?

The Good News

While these drawbacks are significant, they enable some remarkable features that no other crypto/fiat exchange mechanism can boast.

Unkillable

(Correction: Bisq seems to have a decentralized arbitration system)
We are aware of no other crypto/fiat exchange platform that is truly unkillable. Bisq and localethereum comes close, but both localethereum relies on centralized processes of arbitration. This means their fraud-and-scam-prevention system can be sued, jailed, or otherwise harrassed--and if that part stops working, it doesn't matter how decentralized the rest of the system was.
DAIHard, in contrast, gives the users the power to police and punish each other, via the aforementioned credible threat of burn. This is simple game theory, and the rules of this game are etched permanently into the DAIHard Factory and Trade contract code: impervious to litigation, regulation, and political pressure.
This Factory contract has no owner and no suicide or pause code. It cannot be stopped by us or anyone else.
Like Toastycoin, this thing was immortal the moment it was deployed (even more immortal than RadarRelay, for example, which does rely on an ownership role). Both DAIHard and Toastycoin (and probably whatever we build next) will last for as long as a single Ethereum node continues mining, and it will remain easy to use as long as someone can find the HTML/JS front-end and a web3 wallet.
(The HTML/JS front-end (built in Elm, by the way, with the lovely elm-ethereum!) is currently hosted on Github pages, which is centralized--but even if Github takes down the page and deletes the code, it's a minor step to get the page hosted on IPFS, something that is on our near-term roadmap in any case)

No KYC, No Limits

It's smart contracts all the way down, so DAIHard never asks any nosy questions--if you have Metamask or some other web3 wallet installed and set up, with some ETH and Dai (or just xDai), you can immediately open or commit to a trade. You don't even need a username!
(In fact, we're so inclusive, even machines are allowed--no CAPTCHA here!)
You're limited only by the collateral you put up, so if you have 10,000 Dai you could open up a buy offer for 30,000 Dai (or a sell offer for 10,000 Dai) right now.
We do reccommend trying the tool out first with a small amount of Dai... But we're not your mom! Do what you want!

Borderless

It simply doesn't matter where you are, because DAIHard doesn't need to interface with any particular jurisdiction or payment system to work. DIAHard works by incentivizing people (or robots?) to navigate the particular real-world hurdles of bank transfers, cash drops, or other fiat transfer methods. These incentives work whether you're in America, Zimbabwe, or the Atlantic; they work whether the fiat is USD, EUR, ZAR, seashells, or Rai Stones; and they work whether your counterparty is a human, an organization, a script, or a particularly intelligent dog with Internet access.

Any Fiat Type, and Highly Customizeable

Here are some examples of the types of trades you might create or find on DAIHard.
As the DAIHard community grows, users will doubtless find much more creative ways to use the system, and we will discover together which types of trades are reliable and which are more risky. Because users can set their own prices and phase timeout settings, we expect the risky trades to charge a premium or have longer time windows, while the reliable ones rapidly multiply at close to a 1:1 price ratio, with quick turnaround times.

Extensible (with profit) by Third Parties

Not satisfied with our interface? Do you have some nifty idea for how to display and organize user reputation? Or maybe some idea for how trades could be chained togeher? Maybe you'd like to design a notification system for DAIHard? Maybe you just want a different color scheme!
Well, you won't need our permission to do any of this. Any tool that watches the same Factory contract will share the pool of trades, regardless of which tool actually creates the trade. This means we don't even have to fight over network effects!
And if you look closely at our fee structure, you might notice that only half of the 1% DAIHard fee is "hardcoded" into the Factory contract. The other half is set and charged by our interface. What does this mean for you? If you go out and make a better interface, you can essentially replace half of our 1% fee with your own fee--it's up to you whether it's smaller or larger than the replaced 0.5%.
The reason for this is to explicitly welcome other developers to extend what we've built. For as long as our team is the only one improving the platform, a threat to us is a threat to future upgrades. But if others begin extending the DAIHard platform too, then DAIHard will not only be unstoppable as it is today, but also grow unstoppably.

(For Real This Time) This Is a Big Fucking Deal

DAIHard is a turning point in crypto and a breakthrough in decentralized markets, and is an irreversible augmentation of the Ethereum platform.
What we've built is a gateway to crypto completely devoid of centralized components--rendering entry and exit to crypto unkillable, flexible, borderless, and private. Centralized exchanges, and the control they impose, can now be bypassed by anyone with Dai and a web3 wallet.

What's New in v0.9.2

There have been many changes made since our first failed launch, but there are two rather important ones: xDai support and reputation tools.

xDai support

DAIHard is now operational on xDai, a sidechain whose native token (xDai) is pegged to the Dai (and therefore $1). Add the xDai network to your Metamask (or just install Nifty Wallet), then switch to the xDai network in your wallet, to try it out. xDai has some pretty incredible benefits, compared to vanilla Ethereum:

Reputation tools

We now have a few reputation tools. First, on any open trade, there is a widget showing the number of releases, aborts, and burns the given address has been involved in as that role (buyer or seller). Clicking on this expands the widget to show more detailed information, and also provides a link to a page that lists each trade this user has been or is involved in.

What's next?

We have tons of ideas on how to improve the product--too many, in fact, to commit to any before we get a good chunk of user feedback. Here are some of our favorite ideas:

Near-Term, Smaller Features

  1. Lots of usability improvements.
  2. A "System Status" utility similar to the one found on MakerDao's explorer).
  3. Marketplace / My Trades rework.
  4. A "QuickTrade" page, offering Trade Templates as an alternative to the current Create Offer page.

Big Exciting Features

  1. Bootstrapping people with no DAI via other mechanisms and community outreach.
  2. Partial commits to trades. eg. Place a 10,000 DAI trade and allow it to be picked up in blocks larger than 500 DAI at a time.
  3. More chains, get this thing working on Bitcoin via Rootstock, on Ethereum Classic and Binance Chain.

Stay Informed!

A lot of the above features will be prioritized more clearly as we get user feedback, and we will be posting fairly frequent updates and articles on our info site. If you don't want to miss anything, note the subscribe widget and sign up!
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Proposal for a marketing campaign which I think would be really cost efficient

First, sorry in advance for all the grammatical errors, English is not my native language. To give my silly username a bit of reputability, I have a masters in marketing and economics and 15+ years business experience.
I've read a few suggestions about the marketing approach on Reddit and here is my take.

"Making videos about NANO and showing its strengths"
I like it in general, but in the end that video will become an AD and ADs always have this fishy scent which users generally don't really like. NANO videos are a cool way to introduce new users to NANO, but I'm not sure if it's cost efficient enough. Myself, I always close ADs because I don't know if it's legit or scam. If I'm an average internet user who isn't into cryptos and I start watching that AD it would most likely sound like Venmo/Paypal to me (especially if this AD was played on the market that has a functioning economy), I don't think I would fully grasp the decentralization advantage of NANO and would end up closing the AD while we as advertisers would end up paying for nothing.

"Litecoin's approach"
Some say that we need Litecoin type of marketing (UFC octagon sticker + NFL clubs accepting Litecoin). While it would be cool to have any type of marketing, I don't think that this type of marketing is financially efficient and we have to be VERY financially efficient because we do not have a treasury fund and we have to rely on our donations which have already proven to be a problem for us. If you check Litecoin's daily confirmed transaction number you will notice that UFC campaign which was few months ago haven't done much if anything at all when it comes to daily transactions number: https://bitinfocharts.com/comparison/litecoin-transactions.html
This type of marketing is expensive and it's not really building the usage of Litecoin since other types of payments work just fine in the USA. Think about going to UFC event and seeing that Litecoin sticker, it has just a subliminal impact (brand awareness building) on people seeing it, but none of those users or a very few will buy Litecoin because of that sticker and even less will use Litecoin in western market after buying it.
With NFL club accepting Litecoin, the same thing, no one or a very few people will buy Litecoin because now you can pay your NFL game ticket with Litecoin. Why making that additional step of buying LTC with fiat to spend it when you can just spend fiat using credit cards which work just fine?!

WHAT I THINK IS WAY MORE EFFICIENT APPROACH AND WHY
My suggestion is that we need to go after daily confirmed transactions numbereal usage of NANO/real world adoption which also means more BUYING PRESSURE on the free market, more demand. Here is how I think we will be the most efficient at it.

First of all I think we need to focus on remittances market in poor country, there is a real usecase for NANO, a real need compared to Litecoin campaign in USA which doesn't really boost usage because no one needs Litecoin at the moment (maybe if USD collapses it will be another story).

Lets use Venezuela for example. The situation there is so bad that people are starving to death. They've literally killed and ate zoo animals a long time ago and now many are eating rotten meat leftovers out of trash cans to survive (yes, it's that bad, check on the Youtube for example https://www.youtube.com/watch?v=8MGbyLUCw5k).

Average monthly salary is around 10$ while you need 100$ to survive the month. Many Venezuelans depend on their friends and family members outside of Venezuela who are sending them money to survive. From what I read, most money to Venezuela comes from Colombia and Spain (please correct me if I'm wrong) and since most of them cannot use banks the new remittances business model emerged in Venezuela. Users on social networks who have money and bank accounts in two (Venezuela + Colombia for example) or more countries have started their remittances business offering a remittances service for a FEE. Here is where NANO comes into play to skip this fee and to skip the need to meet with a stranger!
To read more about remittances market in Venezuela, here is the recent answer from Venezuelan itself https://www.reddit.com/btc/comments/cb7qw1/ama_destroying_myths_about_the_use_of/etdpvza/

OK, REMITTANCES IN VENEZUELA, HOW?
As we already figured out, because of economic disaster life is cheap in Venezuela, with 100$ we can feed a person 1 month meaning that also you can get a cheap marketing

Let's target Venezuelans with big social media reach (hundreds of thousands of followers or even millions), make deals with them through NANO center and by using our Venezuelan trusted member and pay them out to do a 4 video campaign (as a package) which would include:
- video of them explaining basic stuff about NANO
- video of them explaining why remittances with NANO (no fee, no intermediary)
- video of them showing the whole remittances process (their friend or relative buying NANO with CC and influencers receiving that NANO within seconds to their phone wallet)
- video of them spending the NANO to buy groceries (I'm sure one of the shops accepting DASH/BTC which are mostly used in Venezuela today will be happy to accept NANO as well)

My guess is that with this approach, we would get many users who would contact their friends and relatives outside Venezuela and ask them to start using NANO for remittances simply because it makes sense and it's more efficient than any other way.

WHY INFLUENCERS AND NOT ADS?

Trust
- As I've already mentioned above, when I see the AD I simply close it and I guess many of you do the same simply because I don't know if it's a scam or not. Influencers have followers who TRUST them which is really important.
Cost efficiency
- I think the ADs are no match to the potential reach we would be getting through influencers for the same amount of money which of course depends on the negotiated price we would be paying for the campaigns.

WHAT'S NEEDED TO START THIS KIND OF CAMPAIGN

1) Reputable intermediary between the community and groundwork deal executor
- Ideally this campaign would go through NANO center which has the reputability to collect our donations.

2) Person from Venezuela
...who is willing to be our extended hand and make us a deal with the influencers. Once the donations are collected NANO center would connect with a NANO member in Venezuela who could then contact suitable influencers and setup the deal. Ideally we would already have a Venezuelan who is a member of NANO center, do we?!

3) Money
How much would this cost? Honestly I have no idea, we would have to ask to find out, but as the situation there is so bad I think the price would be really cost effective to us considering we would be getting REAL ADOPTION which is maybe the biggest NANO's problem at the moment. There is quite a lot of work required from an influencer to do, from recording, video editing to going across the town to spend NANO. We need to be aware of that when negotiating the fair price with influencer. Also we need to pay our Venezuelan connection who would be doing deals with influencers.

4) Scripts
- We would need to create the script for those 4 videos and outline exactly what we want to happen in those videos

5) Influencers
- Research and find potential influencers

6) Metrics
- Along with comments/and likes bellow the campaigned videos, confirmed daily transactions on NANO block lattice type of metric to show us if the campaigns are successful or not would be really helpful. Looks like we don't have it at the moment, the closest is https://nano-faucet.org/stats/ which I find too confusing for my average brain. I know this metric is not the most precise one due to spam but spam usually creates spikes and what we would be looking for is a long term trend line something like red line in this Bitcoin example: http://prntscr.com/oe933nThis is not essential for this campaign, but if someone could build this it would be useful for NANO in general as well.

COULD WE GET SCAMMED?
Yes unfortunately, but we can take a careful approach using milestone payments. Having a really trustworthy Venezuelan connection is the key IMO.

When it comes to influencers, to mitigate a risk of getting scammed we can pay the influencers after every video instead of all at once. Also, our Venezuelan connection will have to explain to the influencer that there is a huge community behind this idea and that they can expect many more campaigns to follow if the first one proves itself to be a success which should help with not getting scammed.

WHAT IS THE END GOAL?

Usage of NANO, adoption!
- Every remittances transaction will create a few more transactions
1 - buy NANO with fiat
2 - send it to Venezuelan friend/relative
3 - Venezuelans spends it to buy food
4 - merchant will eventually have to sell NANO to get more supply or IDEALLY he/we could close the whole circle and find a supplier who would accept NANO himself or some merchants (who can) would be start saving money in NANO due to it's deflationary property.

On top of that people would continue to use it on and on in the future simply because it's the most effective way. Remember that with higher transaction numbers you will eventually get more exposure to media and other users and a bigger value of the network itself. Don't forget, NANO foundation lives from NANO and we need a good NANO price for the team to continue making great updates to the protocol. Also bigger NANO price in USD = more campaigns that we will be able to fund in the future while spending the same amount of NANO.

If this method really is the most cost effective for users I really don't see a reason why those first users who came out of watching influencers videos wouldn't recommend their friends to do the same process for remittances!

Merchants
- If we would be able to get this rolling, many Venezuelans would end up having NANO on their mobile phones, looking where to spend it. They would approach grocery stores and ask to pay with NANO and eventually get us merchants through a simple market demand mechanism. DASH and BTC are mostly used in Venezuela today and we need to thank them for doing the hard work for us introducing merchants to cryptos and having them more likely to accept the more superior payment protocol, NANO.

NEXT STEPS

1) Feedback
I put some thoughts and time into writing this (as I should for holding a lot of NANO), I'll leave it here and first and most important if your feedback because if NANO community in general doesn't like this idea, then it makes no sense to proceed with it since it won't be getting enough funding. With your feedback we can also improve this proposal.

2) NANO center approval + Venezuelan groundworker
If the community likes the idea and the feedback is good we can see what folks from NANO center have to say about it, and to see if we even have a trustworthy Venezuelan member who is willing to make this proposal into a reality.

3) Detailed scripts for videos
- I've mentioned 4 important short videos that I think are all needed for 1 successful campaign so that we offer the followers of those influencers the whole package explaining the whole process and answering "Why NANO?" through those videos (of course his can change if you guys give better idea of what we need from the influencer). Scripts need to be detailed with time stamps explaining exactly what we want inside the videos. If we have a green light from first 2 steps I will start this script building process through Google documents and invite you guys to help me build those.

4) Finding and choosing influencers We can create a topic to find the most suitable influencers in Venezuela, Venezuelan members needs to help us with this!

5) Donations With the community and NANO center behind this proposal, Venezuelan connection ready to do it and scripts ready for the influencers the next step would be to reach into our wallets and donate enough money to be able to fund out first deal.

6) Negotiations, budget building Once the donations start dripping into NANO center's wallet our Venezuelan connection can start reaching out to the chosen influencers and see what's doable with our budget and proceed from there.

7) First campaign Do our first campaign, evaluate it and see if it was cost efficient enough and if yes, improve the whole concept from the experience that we will get from the first campaign and proceed scaling further.

To show that I'm serious about this proposal, I promise to donate the first 100 NANO to this campaign if the NANO center gives us a green light for this proposal. Without NANo center's green light, I think this proposal doesn't have much chances of success.
submitted by ureindanger to nanocurrency [link] [comments]

The Decade in Blockchain — 2010 to 2020 in Review

2010

February — The first ever cryptocurrency exchange, Bitcoin Market, is established. The first trade takes place a month later.
April — The first public bitcoin trade takes place: 1000BTC traded for $30 at an exchange rate of 0.03USD/1BTC
May — The first real-world bitcoin transaction is undertaken by Laszlo Hanyecz, who paid 10000BTC for two Papa John’s pizzas (Approximately $25 USD)
June — Bitcoin developer Gavin Andreson creates a faucet offering 5 free BTC to the public
July — First notable usage of the word “blockchain” appears on BitcoinTalk forum. Prior to this, it was referred to as ‘Proof-of-Work chain’
July — Bitcoin exchange named Magic The Gathering Online eXchange—also known as Mt. Gox—established
August —Bitcoin protocol bug leads to emergency hard fork
December — Satoshi Nakamoto ceases communication with the world

2011

January — One-quarter of the eventual total of 21M bitcoins have been generated
February — Bitcoin reaches parity for the first time with USD
April — Bitcoin reaches parity with EUR and GBP
June — WikiLeaks begins accepting Bitcoin donations
June — Mt. Gox hacked, resulting in suspension of trading and a precipitous price drop for Bitcoin
August — First Bitcoin Improvement Proposal: BIP Purpose and Guidelines
October — Litecoin released
December — Bitcoin featured as a major plot element in an episode of ‘The Good Wife’ as 9.45 million viewers watch.

2012

May — Bitcoin Magazine, founded by Mihai Alisie and Vitalik Buterin, publishes first issue
July — Government of Estonia begins incorporating blockchain into digital ID efforts
September — Bitcoin Foundation created
October — BitPay reports having over 1,000 merchants accepting bitcoin under its payment processing service
November — First Bitcoin halving to 25 BTC per block

2013

February — Reddit begins accepting bitcoins for Gold memberships
March — Cyprus government bailout levies bank accounts with over $100k. Flight to Bitcoin results in major price spike.
May —Total Bitcoin value surpasses 1 billion USD with 11M Bitcoin in circulation
May — The first cryptocurrency market rally and crash takes place. Prices rise from $13 to $220, and then drop to $70
June — First major cryptocurrency theft. 25,000 BTC is stolen from Bitcoin forum founder
July — Mastercoin becomes the first project to conduct an ICO
August — U.S. Federal Court issues opinion that Bitcoin is a currency or form of money
October — The FBI shuts down dark web marketplace Silk Road, confiscating approximately 26,000 bitcoins
November — Vitalik Buterin releases the Ethereum White Paper: “A Next-Generation Smart Contract and Decentralized Application Platform
December — The first commit to the Ethereum codebase takes place

2014

January — Vitalik Buterin announces Ethereum at the North American Bitcoin Conference in Miami
February — HMRC in the UK classifies Bitcoin as private money
March — Newsweek claims Dorian Nakamoto is Bitcoin creator. He is not
April — Gavin Wood releases the Ethereum Yellow Paper: “Ethereum: A Secure Decentralised Generalised Transaction Ledger
June — Ethereum Foundation established in Zug, Switzerland
June — US Marshals Service auctions off 30,000 Bitcoin confiscated from Silk Road. All are purchased by venture capitalist Tim Draper
July — Ethereum token launch raises 31,591 BTC ($18,439,086) over 42 days
September — TeraExchange launches first U.S. Commodity Futures Trading Commission approved Bitcoin over-the-counter swap
October — ConsenSys is founded by Joe Lubin
December — By year’s end, Paypal, Zynga, u/, Expedia, Newegg, Dell, Dish Network, and Microsoft are all accepting Bitcoin for payments

2015

January — Coinbase opens up the first U.S-based cryptocurrency exchange
February — Stripe initiates bitcoin payment integration for merchants
April — NASDAQ initiates blockchain trial
June — NYDFS releases final version of its BitLicense virtual currency regulations
July — Ethereum’s first live mainnet release—Frontier—launched.
August — Augur, the first token launch on the Ethereum network takes place
September — R3 consortium formed with nine financial institutions, increases to over 40 members within six months
October — Gemini exchange launches, founded by Tyler and Cameron Winklevoss
November — Announcement of first zero knowledge proof, ZK-Snarks
December — Linux Foundation establishes Hyperledger project

2016

January — Zcash announced
February — HyperLedger project announced by Linux Foundation with thirty founding members
March — Second Ethereum mainnet release, Homestead, is rolled out.
April — The DAO (decentralized autonomous organization) launches a 28-day crowdsale. After one month, it raises an Ether value of more than US$150M
May — Chinese Financial Blockchain Shenzhen Consortium launches with 31 members
June — The DAO is attacked with 3.6M of the 11.5M Ether in The DAO redirected to the attacker’s Ethereum account
July — The DAO attack results in a hard fork of the Ethereum Blockchain to recover funds. A minority group rejecting the hard fork continues to use the original blockchain renamed Ethereum Classic
July — Second Bitcoin halving to 12.5BTC per block mined
November — CME Launches Bitcoin Price Index

2017

January — Bitcoin price breaks US$1,000 for the first time in three years
February — Enterprise Ethereum Alliance formed with 30 founding members, over 150 members six months later
March — Multiple applications for Bitcoin ETFs rejected by the SEC
April — Bitcoin is officially recognized as currency by Japan
June — EOS begins its year-long ICO, eventually raising $4 billion
July — Parity hack exposes weaknesses in multisig wallets
August — Bitcoin Cash forks from the Bitcoin Network
October — Ethereum releases Byzantium soft fork network upgrade, part one of Metropolis
September — China bans ICOs
October — Bitcoin price surpasses $5,000 USD for the first time
November — Bitcoin price surpasses $10,000 USD for the first time
December — Ethereum Dapp Cryptokitties goes viral, pushing the Ethereum network to its limits

2018


January — Ethereum price peaks near $1400 USD
March — Google bans all ads pertaining to cryptocurrency
March — Twitter bans all ads pertaining to cryptocurrency
April — 2018 outpaces 2017 with $6.3 billion raised in token launches in the first four months of the year
April — EU government commits $300 million to developing blockchain projects
June — The U.S. Securities and Exchange Commission states that Ether is not a security.
July — Over 100,000 ERC20 tokens created
August — New York Stock Exchange owner announces Bakkt, a federally regulated digital asset exchange
October — Bitcoin’s 10th birthday
November — VC investment in blockchain tech surpasses $1 billion
December — 90% of banks in the US and Europe report exploration of blockchain tech

2019

January — Coinstar machines begin selling cryptocurrency at grocery stores across the US
February — Ethereum’s Constantinople hard fork is released, part two of Metropolis
April — Bitcoin surpasses 400 million total transactions
June — Facebook announces Libra
July — United States senate holds hearings titled ‘Examining Regulatory Frameworks for Digital Currencies and Blockchain”
August — Ethereum developer dominance reaches 4x that of any other blockchain
October — Over 80 million distinct Ethereum addresses have been created
September — Santander bank settles both sides of a $20 million bond on Ethereum
November — Over 3000 Dapps created. Of them, 2700 are built on Ethereum
submitted by blockstasy to CryptoTechnology [link] [comments]

Bitcoin Gemini Exchange Review 2020

Bitcoin Gemini Exchange Review 2020
If you are planning to place assets into cryptographic types of cash like Bitcoin or Ether, in any case, you do not understand where to start, this Gemini exchange review will help you with choosing.
Gemini Bitcoin Exchange Review 2020
You need yourself to be a productive advanced cash intermediary. By what technique will you become? To help you here's an exchange review, which will give every one of you the low down information required for a powerful enthusiasm for one of the most trusted in stages the Gemini Exchange.
We should find all the more right currently review
Gemini Review :
About Gemini Exchange
Twin kin developed Gemini Winklevoss in the year 2014. The Gemini exchange is arranged in New York. The Gemini crypto exchange is open in essentially all US states, similarly as UK, Canada, Puerto Rico, Singapore, South Korea, and Hong Kong. In 2016, Gemini transformed into the world's recently approved Ether exchange.
It positions 82th greatest exchange on earth as showed by 24-hour volume on Coinmarketcap. While Gemini Bitcoin and Gemini Ethereum trading volumes are high, the exchange is endeavoring with all undertakings to fight with those stages offering a predominant piece of the cryptographic types of cash, for instance, Binance.
Reinforced Currencies
Gemini offers crypto to fiat portions and a BTC/ETH grandstand, which makes it a quick contender to any similarity to Coinbase, Bitstamp, and Kraken. At present, it is one of the most respected and ensure about exchanges open. This is in light of the fact that it has more features to help secure customers against developers. Also, it is one exchange for the CBOE Bitcoin future settlement. Gemini Mobile application is directly available, which is amazingly basic and versatile to use.
How to use Gemini?

https://preview.redd.it/qnowl19fwaj41.jpg?width=720&format=pjpg&auto=webp&s=1819eeac9d4c44681c0afe616d387b60a78f7c8e
1) Go to the official site and snap the "Register" tab on the upper right corner.
Enter your name, email address, and mystery word for your own record. While affirming your email address, it is critical to :
Affirm your email address and enter both your region and phone number, by then you can set up 2-Factor Authentication (2FA) which will be an additional layer of security to your record.
Incorporate your monetary equalization. Starting at now, Gemini recognizes simply bank moves and wires, as a methodology for putting away holds.
To check your record, move your organization ID proof. This will help you with executing and trade US Dollars. Moreover, it will help Gemini with as per the Bank Secrecy Act (BSA) and Anti Money Laundering (AML) rules. The affirmation time may run from a couple to a couple of days.
Subsequent to completing of all the above strategies, you can use your record for financing.
gemini crypto exchange
2) Deposit Currency
In the Menu, click Transfer Funds, by then find a good pace Bank Transfer and Exchange. Enter the whole you have to store here. Moreover, note $500 consistently is the most extraordinary most extreme for Bank moves.
3) Trading Bitcoin and Ethereum
As you store by methods for bank move, they are quickly available for trading. you can purchase by encountering the menu and picking your supported trading pair. For example, for Bitcoin BTC/USD similarly as Ethereum ETH/USD.
In the wake of embeddings the expense and sum it will process your buy demand. There is another choice to trade by methods for the business community which has exhibit orders gave by various customers.
After the fulfillment of your purchase, your record will be acknowledged with your Ethereum just as Bitcoin purchases. You can sell your computerized cash on the Gemini crypto exchange. Regardless of the way that you can't make a withdrawal until your bank move has been completely arranged.
gemini sponsor organization
4)Trading Limits
By and by, For most trade strategies, there are no limitations on trades. In any case, Automated Clearing House (ACH) moves have the greatest store most remote purpose of $500 day and $15,000 consistently for singular record holders. Associations have a state of restriction for making ACH stores of $10,000 consistently or $300,000 consistently.
Gemini Marketplace
There is a Gemini business focus that runs 24*7. Here, you can have indistinguishable number of solicitations from you wish to have, with a variety of trading choices. These include:
Market Orders – With the present best open worth, the solicitations here starting dealing with quickly against resting orders.
Purpose of repression Orders – The sum is filled at or better than a given expense. The sum which isn't dispatched lays on the solicitation book diligently until it is filled or dropped.
Brief or Cancel (IOC) Limit Orders – The sum is filled at or better than a given expense. The sum which isn't filled rapidly is dropped and doesn't lay on the perpetual solicitation book.
Maker or Cancel (MOC) Limit Orders – The sum lays on the solicitation book continually at a foreordained expense. Furthermore, the entire solicitation is dropped if there is any sum that can be filled immediately.
All solicitations made on this stage are totally sponsored and fill in as a full hold exchange. In any case, there is no edge trading Gemini. Despite that, reliably the customer's record equality should have more balance than the exceptional excitement on demand books. Also, all open solicitations decline your available leveling until they are fulfilled or dropped
Gemini Fees
In the event that there ought to be an event of moves, Gemini crypto exchange has a low cost technique and stage customers can store Bitcoin, Ether, at freed from charges for both bank and wire moves. In any case, banks will charge a cost for the customers to wire money to their Gemini account. Withdrawals on the stage are free and all customers will have 30 free withdrawals for each calendar month.
Any withdrawals more than this total will pull in costs comparable to the mining charges payable on either sort out. The costs are around 0.001 BTC or 100,000 Satoshi per trade on the Bitcoin Network and 0 GWei or 0 ETH per trade on the Ethereum Network.
MakeTaker charges
0.25% is the trading costs for both sellers(makers) and buyers(takers). If it shows up at certain trade volumes, charges will be reduced. The maker charge is 0% for 30-day trading volumes that outperform 5,000 Bitcoin or 100,000 Ether. For a comparable trading entirety, the taker run after will bubble to 0.10%.
Gemini uses dynamic maker and taker charge or reimbursement timetable, and sellers can get reimbursement on liquidity-creation trades. The particular entireties depend upon net trading volumes and the buy and sell extent over a multi day time allotment. The data are adjusted as expected and more information on charges can be found here.

https://preview.redd.it/exgucn9gwaj41.png?width=225&format=png&auto=webp&s=34fc66d46df40444abcc9ac61308106b2e3f57c0
charges
Concerning purchases, the base purchase whole for Bitcoin is 0.00001 BTC, or 1000 satoshis, for Ether, the base sum is 0 .001 ETH
Security-at-Gemini
Bitcoin Gemini Reviews, is a strong exchange that has a better than average reputation in everyone. The exchange goes about as a way into the universe of cryptographic cash trading. This may be in light of the fact that various customers first quit concerning purchasing Bitcoin and Ethereum. In comprehension to Coinbase, Gemini has a near space. Wherein it allows its customers to make trade clearly to and from their records.
Gemini is a not too bad choice, for people looking to securely trade either Bitcoin or Ethereum. The exchange is a potential decision for new competitors to the market similarly as logically settled sellers who like to make trades by methods for their monetary adjusts.
Latest News
Dec 17, 2019: Well realized cash related pro association State Street picked Gemini exchange for the new propelled asset pilot adventure.
Nov 19, 2019: Gemini exchange wanders into NFT's and acquired Nifty Gateway Solution, a phase to buy Non-Fungible Tokens.
Nov 14, 2019: The exchange added Stop-Limit to the solicitations being executed on the stage.
Sep 11, 2019: Gemini dispatches Gemini Custody with 18 cryptographic types of cash
Sep 5, 2019: Gemini Clearing™, a totally electronic clearing and settlement answer for off-exchange exhibited by the stage
Aud 27, 2019: Gemini Joins the Silvergate Exchange Network
Aug 22, 2019: Gemini loosens up and reaches to Australia
April 15, 2019: Gemini wallet support Segwit
Gemini Bitcoin Exchange Review
Rundown: How to Buy Bitcoins by means of Gemini
Register a record at Gemini and check email code sent to you.
Set up two-factor validation (2FA).
Give checked ID as a major aspect of the confirmation procedure.
Include ledger.
Store cash by clicking "Move Funds", "Store into Exchange" and afterward picking the sort of bank move.
Snap "Purchase" catch and round out the buy structure to get BTC.
Is Gemini Safe?
Gemini is extremely worried about its clients' wellbeing, in this manner it utilize three arrangements of security...
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Gemini Comparison with Other Exchanget
To exchange bitcoins you have to initially peruse and think about various BTC trades...
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In Which Countries Is Gemini Available?
You can arrange bitcoins through Gemini nearly in any nation, yet discover where you can't...
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Guide: Buying BTCs at Gemini
It is anything but difficult to purchase bitcoins on Gemini trade, knowing the essential standards and prerequisites...
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FAQ
Discover to what extent the exchange takes, how to pull back BTCs and what strategies for...
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Practically equivalent to Bitcoin Exchanges
We have arranged a rundown of trades, notwithstanding Gemini, that can assist you with requesting bitcoins...
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With developing worth and system, bitcoin is ready to turn into the main online resource in the realm of ventures.
Gemini bitcoin trade survey
This article is worried about one of the most well known trades with regards to BTC exchange, Gemini.
What Is Gemini?
Gemini is one of the realized digital money trades that offer an assortment of exchange apparatuses for speculators that have some involvement with the business. The organization that claims the stage is enrolled as LLC in New York State, USA, offering USD to BTC and USD to ETH exchange trade.
Purchase BTC at Gemini
Propelled in 2015, Gemini offers two unmistakable commercial centers, them being:
customary trade administrations;
bitcoin barters.
Upon its appearance, the stage offered its administrations in the US just, bit by bit including different nations all the while. The organization is possessed by the Winklevoss twins, who guarantee that they are have about 1% of the complete BTC volume.
Winklevoss siblings are Gemini's proprietors
Gemini Security
With regards to the wellbeing of your assets, Gemini applies three arrangements of safety efforts that should be referenced. To start with, the stage applies advanced money safety efforts by offering hot and cold stockpiling wallets, where cold wallets have multisig capacities to forestall hacking endeavors at your equalizations.
Gemini security
The subsequent measure is identified with the exchange where the entirety of the exchanges at Gemini are led through pre-financed accounts, implying that merchants and purchasers can't post orders on the off chance that they don't have adequate BTC or fiat monetary forms in their parities. Finally, the site security comprises of two-factor verification (2FA) and HTTP encryption of all data in regards to merchants and stage's exchanges from outsiders.
Accessible Payment Methods
As of now, Gemini acknowledges stores communicated distinctly in ACH (for US dealers) and wire moves (for every other person) communicated in USD. Credit or check cards, money stores, PayPal and numerous different alternatives are wanted to be remembered for the future however are not accessible at the present time.
Buy bitcoin by means of wire move
You ought to buy in to the Gemini news source since the organization will promote the new store strategy through that channel of correspondence.
Shouldn't something be said about Fees?
While saving or pulling back your assets communicated in fiat or computerized monetary forms, dealers would find that the administrations are done totally free. Then again, Gemini charges exchange expenses are charged dependent on a month to month net exchange volume. Taker charges can extend from 0.15% to 0.25% while creator expenses from 0% to 0.25%.
Expenses at the trade
Does Gemini Have Limits?
Cryptographic money and wire stores and withdrawals don't have any constraints forced on dealers, implying that in the event that you utilize the said administrations, you can buy, sell and pull back bitcoins with no deterrents. Singular American financial specialists utilizing ACH move, then again, have $500 every day and $15.000 month to month while institutional individuals have $10.000 day by day and $300.000 month to month store limits.
No restrictions for purchasing bitcoin
Gemini Comparison
When thinking about exchanging at any trade, you should hope to analyze the administrations, expenses and impediments with other comparative stages. In this manner, we have assembled an examination investigation where we benchmarked Gemini against two other well known decisions with regards to BTC buy: Kraken and Coinbase.
Gemini versus Kraken
Kraken, much the same as Gemini, acknowledges bank moves just, with the significant contrast being that Kraken permits 5 fiat cash stores. Notwithstanding bitcoin, there are 14 more altcoins that you can exchange with at Kraken while the two trades force check on their customers as they are both controlled organizations.
Gemini versus Kraken
Kraken is fundamentally the same as Gemini as far as expenses, as creatotaker charges go somewhere in the range of 0% and 0.26%. Bank moves do accompany little expenses at Kraken while Gemini acknowledges stores for nothing. In conclusion, while Gemini exchanges two or three nations in particular, Kraken is all around accessible.
Coinbase versus Gemini
Coinbase is viewed as one of the biggest bitcoin suppliers on the planet, offering its administrations in 32 nations, USA notwithstanding. The installment strategies at Coinbase are PayPal, bank moves and credit/check cards, two more than Gemini.
Request bitcoins by means of Coinbase trade
Confirmation is an absolute necessity have at Coinbase, much like in Gemini while expenses are a ton lower at Gemini, as you pay between 1.49% to 3.49% from exchange's an incentive at Coinbase. The two trades offer BTC vaults and wallet administrations while Coinbase additionally exchanges with Litecoin which are inaccessible at Gemini.
Gemini BTC Exchange in Different Countries
Gemini's administrations are accessible in a bunch of nations around the globe, them being the US (5 states not upheld), Canada, Japan, South Korea, Hong Kong, Singapore and the United Kingdom. The five US expresses that are not bolstered are Alaska, Arizona, Hawaii, Oregon and Wisconsin.
Gemini trade in various nations
Is It Legal?
Gemini is an American LLC that adheres to New York Banking Law guidelines, actualizing BSA (Bank Secrecy Act) and AML (Anti-Money Laundry Compliance Program) arrangements, implying that customary reviews of the BSA/AML programs are being executed. Moreover, the firm requires all merchants to have reserves pre-saved before the exchange.
Bitcoin Gemini Price, is legitimate
Another significant factor of the stage's lawfulness is the way that since its beginning, Gemini has promptly accessible money related report dating 7 years back.
Does Gemini Support Its Customers?
Concerning the client service, Gemini has a thorough FAQ page where a large portion of the exchanging questions have been replied. Notwithstanding the FAQ, you can likewise top off a shape and present a solicitation to the Gemini group with respect to any issue that you may look on the stage.
Gemini client service
Because of the regular upkeep of the site's administrations, Gemini has a "Status" page where financial specialists can see which administrations and API instruments are working right now and which are definitely not.
Manual for Buy Bitcoins from Gemini
When you have gotten the cash at your Gemini account, click "Purchase" button on the dashboard page.
Buy page for bitcoins at Gemini
Presently, round out the structure on the right, giving request type, volume or estimation of BTC you wish to get and click "Purchase" to get bitcoins in your record immediately. Try to check the BTC cost at the upper left piece of the "Purchase" page to ensure it has not changed at the time you have begun the buy procedure.
Enrollment
It is totally allowed to enroll a record at Gemini bitcoin trade and the procedure begins once you click "Register" button at the upper right corner of the site. Give your complete name, email address and secret key in subsequent stage and snap "Make My Account".
Make account at Gemini
You will get an email code which you should duplicate glue into the Gemini's check page.
Contribution of enactment code on Bitcoin Gemini Registration
The accompanying advances will open up for you to finish, in this way you have to arrangement your 2FA security apparatus, include a financial balance and give checked ID to finish the enrollment methodology.
To what extent Should I Wait for Verification?
Check stage can take between an hour and a day, contingent upon various enlistment applications Gemini has right now you have begun the procedure. You ought to set up every single essential report before you start and arm yourself with persistence as a stage would set aside effort to process your data.
Confirmation process at Gemini
Would you be able to Get Bitcoins Without Verification?
At the enlistment page, you are required to check your personality and frog your financial balance. When you have presented the records, you can't enter the stage's exchange page until the help affirms your subtleties. In this way, it is unimaginable to expect to buy supply of bitcoins without confirmation.
Obligatory confirmation before purchasing BTCs at Gemini
How to Add Money to Account?
When you have finished the enrollment and confirmation of your record, click button "Move Funds", situated in the top segment of your dashboard page. In following stage, click "Store Into Exchange" and pick either USD or Wire alternative, contingent upon what financial balance you have included at enrollment stage.
Add assets to Gemini account
You can likewise store bitcoins in your Gemini wallet too.
Store BTCs in the Gemini wallet
At the last phase of wire move subsidizing process, you have to give bank's wiring data, for example, your record number and other significant data that can be found by clicking "Bank Settings".
Give bank's wiring data
When data has been given, basically click "Store" button which will show up at the base of the page.
Secure Your Account
Keep the entirety of your record and wallet passwords out of the programmer's compass by continually evolving them. Monitor the new secret key by keeping in touch with them down on a bit of paper as to not overlook them meanwhile.
Record with 2FA on trade
You as of now have 2FA from the enlistment stage and don't give your private data to some other dealer on the stage.
FAQ
To what extent Does It Take to Make Transaction?
It takes 4 to 5 days to store assets in your Gemini account while exchanges themselves are done following you the exchange started. Diverse request types have distinctive length, contingent upon what dealer wishes to accomplish.
Sitting tight for exchanges on the trade
Would i be able to Buy Bitcoin with PayPal at Gemini?
Now, brokers can't utilize PayPal as store technique at Gemini. You ought to buy in to the trade's news channel as to get warnings if the strategy opens up to store alternative later on.
Does Gemini Have a BTC Wallet?
The stage offers two kinds of wallet administrations, one being "hot" wallet and another being vault stockpiling. Both are based just, with the principle contrast being that vault stockpiling gives extra security keys that are utilized while moving bitcoins all through the wallet. Along these lines, vault administrations are esteemed as more secure than the standard BTC wallet.
Gemini wallet
Pulling back Your Bitcoins from Gemini
At the dashboard page, click "Move Funds" and afterward "Pull back From Exchange" to begin the procedure. Pick bitcoins to continue towards the withdrawal structure. Determine the measure of BTC you with to escape the trade and give your wallet address. Snap "Survey Withdrawal" and check the data. When you are fulfilled, click "Affirm" to end the procedure. Your coins will show up inside 24 hours to your ideal area.
Pull back BTC from Gemini
Instructions to Order BTC with Credit/Debit Card at Gemini
As with PayPal, it is preposterous to expect to buy bitcoins with the assistance of credit or charge cards at Gemini, since the choice isn't accessible right now. Stay aware of trade's news and declarations as the CC/DC choice may open up later on.
Gemini Mobile App
Portable stages are yet to be created by Gemini, implying that exchange is accessible on perusing stage as it were. Watch out for the declaration, as the organization may make the push towards telephone exchange not so distant future.
Purchase BTC just on Gemini perusing stage
Gemini Analogs
Aside from Gemini, we at BitcoinBestBuy have checked on numerous different stages that can assist you with getting bitcoins effectively and securely. They all change regarding local accessibility, expenses, buy strategies and confirmation necessities, so make a point to check different articles also.
Get BTC at digital money stages
Coinbase Exchange Review
Being one of the biggest BTC exchanging stages the world, we made a survey of their charges, store choices and other important data with respect to the trade. We have likewise given bit by bit controls on the best way to buy and pull back assets and coins from Coinbase.
Coinbase survey
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Find out About Kraken
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Adrafinil vs Modafinil - The Definitive Reddit Guide

What is Modafinil?


Modafinil is a eugeroic – or, simply, a wakefulness-promoting agent – with a primary purpose of combating narcolepsy amongst suffers. Eugeroics differ from other stimulants because they are considered relatively non-addictive. This means that they do not cause the typical side effects experienced with most stimulants, like agitation and nervousness.
Let us first discuss the chemical components of Modafinil. It is a racemic mixture, and such mixtures have equal amounts of left- and right-handed enantiomers. Enantiomers are the two forms in which large numbers of chemicals exist. Both forms are chemically and structurally identical, yet are nevertheless mirror images of the other. In other words, enantiomers are the ‘left’ and ‘right’ versions of a drug. These are called S and R enantiomers. One enantiomer is typically responsible for the majority of a drug’s effects, while the other can contribute to those positive effects. In other cases, the less dominant enantiomer can cause adverse side effects, or it be inert.
Interestingly Modafinil Most racemic mixtures are balanced equally. This means half of the mixture is ‘left’ enantiomer and the other half is ‘right’. Modafinil is an equal combination of its S- and R- enantiomers, meaning that both have a psychoactive function. Just as you sometimes need two hands to do a job correctly, Modafinil uses both of its enantiomers to provide the ideal effect on body and mind.
Preliminary scientific evidence has found that Modafinil works through histamine signaling. This phrase might indeed baffle you if you aren’t familiar with biological terminology. What this essentially means is that the histamine receptors, found for example in the central nervous system, are provoked. Michael J Minzenberg and Cameron S Carter’s journal provides ample scientific research on Modafinil’s neurochemical actions and effects.
Histamine acts a neurotransmitter, a chemical substance which is released at the end of a nerve fibre by the arrival of a nerve impulse. Neurotransmitters affect the transfer of the impulse to another nerve fibre, muscle fibre, or some other structure within the body. Modafinil enhances histamine activity by stimulating the central system. This increased activity therefore impacts other nerve fibres/muscle fibres in the body, accounting for its ability to stimulate a fatigued body.
As well as fighting tiredness, Modafinil also improves general mood and well-being amongst users, with positive improvements seen with mental focus, analytic capability and memory recall and retention.
Britain deems Modafinil a prescription-only drug. In America, meanwhile, Modafinil’s brand name is Provigil. It is considered a scheduled drug, meaning that it necessitates a prescription in order to obtain it legally.

What is Adrafinil?


Adrafinil is a pro-drug to Modafinil. This simply means that supplementation of it increases concentrations of Modafinil in the body. The liver changes Adrafinil to Modafinil.
Similarly to Modafinil, Adrafinil’s cognitive benefits are enhanced by noted improvements in day-time alertness, motivation, mood and energy levels. It also does not generate the irritability, anxiousness and nervousness routinely experienced through the use of other stimulants.
Britain does not measure Adrafinil under the Misuse of Drugs Act 1971, a legislation that governs the regulation of drugs. This means that it is not regulated. Adrafinil’s legal status and nootropics in general, nevertheless remains in grey area. It is lawful for purchase by British residents, but only for personal use. In the U.S, however, the drug is currently legal and can be bought, prescription free, as an alternative to Modafinil. Though its manufactured moniker Olmifon was discontinued in 2011, Adrafinil itself can still be purchased easily online.

Why do they differ?

Modafinil and Adrafinil are two of the most popular stimulants available. Though both offer similar if not identical cognitive benefits, there are key distinctions between both.
Chemically speaking, the structures of both drugs are very similar:

Adrafinil Structure
It is, however, with the body’s processing of each drug that differences become most apparent. Modafinil is processed through metabolic activity occurring mainly in the liver. Lesser contributions to the metabolising process are made through the activity of the enzyme cytochrome P450 (CYP). Cytochrome p-450 (often abbreviated “CYP”) is a class of enzymes that is involved in the metabolism of many medications and is located primarily in the liver.
But, what exactly are enzymes? They exist in living organisms and catalyze specific biochemical reactions within the body. At the beginning of a reaction process, molecules exist called ‘substrates’. The enzyme converts these into ‘products’. All metabolic processes in cells require enzymes to react within the body at rates fast enough to sustain life.
Adrafinil differs because it is changed into Modafinil in the liver. This means that it relies on greater enzyme activity to process correctly and efficiently.
The conversion process of Adrafinil and Modafinil sees the former breaking down into the latter as a compound. This is how it is metabolized. Enzymes are relied upon more during the metabolic process of Adrafinil. As mentioned briefly in the metabolism of Modafinil, the enzyme involved in metabolizing Adrafinil when it reaches the liver is Cytochrome p-450.
How quickly the liver is able to convert Adrafinil is dependent upon metabolic rate and the efficiency of the liver overall. Two people of the same sex, similar age and weight can take the same dose of Adrafinil but achieve very different results.
In necessitating a more rigorous metabolism process, the most profound difference between Modafinil and Adrafinil is that the latter requires the greater use of Cytochrome p-450. Over time, if the drug is not taken cyclically, such enzymes can build up in the liver with potentially damaging effects on the organ as a whole.

Adrafinil vs Modafinil Dosage


For Adrafinil, it as advised to dose between 600 to 1200mg per day. It is further advised, as with the majority of supplements, to begin on a low dose, only increasing the amount after recognizing your own body’s reaction and tolerance. Adrafinil should not be taken in the afternoon and evening to prevent a sleepless night. Ideally, it should be taken 3 times a week and for no longer than five months. This is primarily to prevent side effects, tolerance and the build-up of enzymes in the liver.
Examine.com state that Adrafinil’s recommended dosage range is vast, ranging from 600 to 1,200mg. BodhiSvaha on erowid.org explained their willingness to take both small doses and larger ones of Adrafinil:
After extensive experimentation with dosage, I have settled on taking 300mg when I wake up and another 300 mg in the early afternoon. There does not seem to be much, if any, habituation or tolerance created by Adrafinil. Occasionally I will take doses up to 1200 mg when a high degree of concentration is required. I have found this dose to be very effective at potentiating and improving the tryptamine experience, in particular. I find tryps sometimes bring a feeling of lethargy or body load with some cognitive dullness. Adrafinil counters this effect very nicely.
Here it is evident that, despite there being a large range of recommended doses for Adrafinil, all of them are safe. Whatever you choose within that range is dependent on your desired alertness and bodily tolerance. Reddit user ssitimefill explains the necessity of slowly upping Adrafinil dosage, as well as suggesting why a higher dose than Modafinil is required:
To my knowledge it is not established how what proportion of adrafinil is broken down into modafinil and what proportion into modafinilic acid. This proportion likely varies person to person, and also by dose. Some studies have reported adrafinil more potent at lower doses. The general psychological effect of adrafinil depends not only on the quantity converted into modafinil but the rate of this conversion. 300 mg of modafinil from adrafinil is not likely to produce an identical effect from 300 mg of modafinil. Basically there is no way to determine optimum dose of adrafinil other than trial and error. The best procedure is to start with low doses (measured via scale) and slowly increase dose until you reach the optimal, then sub-optimal dose. When you have reached sub-optimal dose (too much adrafinil) you can deduce what dose is optimal for you.
Because Modafinil does not transform in the liver, it generally requires lesser dosage to reach its optimum effect. Modafinil is typically sold in 100 mg or 200 mg tablets. The latter option is more popular due to its greater availability. 200 mg is indeed the recommended dose, to be taken once per day, usually during the morning. It may be taken with or without food. (nootriment.com)
Some recommend starting with an initial intake of 100 mg Modafinil dosage. This helps with accustoming the body to the drug itself. An anonymous writer on erowid.org posted his first use of 100mg Modafinil, describing its positive effects:
And today I tried modafinil 100 mg for the first time. I took it at around 10:45 AM today and it is now 4:35 PM. My experience has been much like those of others herein described– initial buzziness (~1 hr after I took the pill) that lasted about as long. But for the past 4 hours, I have been just plain awake. I have not succumbed to the usual desire to take a nap in the afternoons despite the near-90-degree heat, which usually puts me right to sleep. I have had no such desire in fact. I am not jittery or having unusual thoughts, etc.
It is also possible to take higher doses. Up to 400 mg per day has been shown to be very well-tolerated. Pino on drugs-forum tried a variety of dosages and provides some succinct information of the results:
Combinations:
200 mg modafinil + caffeine: Pleasant vibe, easy and fast thinking. Able to solve sudokus a lot quicker. The bus driver becomes more self reassured in conversations and is able to focus more than 16 hours. Sleep quality is ok. (bp: 130/80) 200 mg modafinil + too much caffeine (4 cups of coffee): Anxiousness and some hypertension kicks in here. (bp: 140/93) Concentration is less than optimal in this region. 400 mg modafinil + normal caffeine: Nice euphoria, but can also turn into anxiousness.
It is clear that the recommended doses are speculative and dependent on personal accounts of drug use. There are certainly more user reviews around the internet that explain individual experiences of alternating dosage amounts. There is, of course, still the question of the differences in dosage between Modafinil and Adrafinil. Jjhurley on Reddit discussed the differences in dosage between both:
… most people tell me 300mg of adra is comparable to just 100mg of moda. Whether your ratio or this other ratio is correct doesn’t make too much a difference, but I have been taking 600mg of adra and don’t want to lose any potency. Is this to say I should go with 300-400mg of moda? If so, that’s a little upsetting because I was really hoping to have equal, if not better, experiences on just 200mg of moda.
ProfWiki agreed that Adrafinil should be taken in higher dosages than Modafinil:
I take 600 mg in order to get effects. This is equivalent to about 200 mg of modafinil. I think throwf0 read you as saying modafinil since he mentioned modafinil. Modafinil is a lot stronger than adrafinil. 150 mg of adrafinil would be about like 50 mg of adrafinil. Anyway, like I said, 50 mg of Adrafinil is far too lose to be effective. 50 mg of MODAfinil might work okay for some but they typically are just breaking up a standard 100/200 mg dose. Being that Adrafinil works by metabolizing into Modafinil, and that as a rule of thumb 1/3 of Adrafinil turns into modafinil, a 50 mg dose of Adrafinil would be just roughly 16-17 mg of modafinil. There wouldn’t be any effects from such a low level dose.

Adrafinil vs Provigil


Let us first make one distinction:
Adrafinil = generic drug Provigil = brand name of Modafinil
It is often questioned what the difference between Provigil and Adrafinil is. However, the former is simply a branded name for the generic drug Modafinil, which, as we have now found, is the metabolite of Adrafinil. So long as users are acquiring pure generic versions of Adrafinil, then the same effects as Provigil will be felt and the advised dosage will essentially be identical.
It is therefore not unusual for potential users to question the differences between Provigil and Adrafinil. Moreover, it is certainly not unreasonable to question their differences. For instance, internet user Shatneresque questioned the difference between Modafinil and Provigil, which are the same drug, asking:
My pharmacy sent me a email saying I can now replace my Provigil ($125 a month) with the generic version and they need my okay to do so. Before I say yes and say the money, I want to know if anyone has noticed any differences. I am very happy with the provigil and have been taking it for several years.
This query was answered by Serpens:
It appears that Cephalon, the maker of Provigil, has been purchased by Teva, titan generic manufacturer. There are currently three manufacturers selling a generic labeled ‘modafinil’ : Cephalon (brand holder), Teva, and Par. All three are using the same brand name NDA license on file with the FDA. In addition, Elsevier’s Clinical Pharmacology has images and references available for the generic product being shipped for all three drug companies. They’re all the same pill. Images of all three products show a white oblong tablet with “Provigil” on one side, and the strength on the other. All products have the same inactive ingredients.
Queries like this prove that caution is imperative when deciding on which supplement to use. This is especially true if you are a first time user or are, like Shatneresque, accustomed to using one particular brand such as Provigil. Researching alternatives and finding the most information about whatever drug you are choosing is vital if you are to select the right one for you. Awareness is the key and there is no harm in asking questions that, to you, may sound obvious once they are answered.

About Provigil


Provigil was originally manufactured by Cephalon, the same company behind the previously branded version of Adrafinil (Olmifon). Business editor Dell Poncet writes of how, in 1999, interest for both Cephalon and Provigil was taking off, with registered quarterly sales of $10.7 million. Being among the leading biopharmaceutical companies in the world, Cephalon flourished. In 2011, it was acquired by Teva, the largest generic drug manufacturer in the world for a huge $6.8 billion (read more here). There is little surprise, then, that Provigil is sold at quite a cost.
A 30-day supply of Provigil 200mg pills can cost as much as $1500. Buyers in the UK can therefore expect to pay even more if the pharmacy offers world-wide shipping.
Since branded Modafinil is so expensive, Adrafinil is clearly the best alternative. The latter drug does not come attached to a manufactured title, and is inexpensive yet easily attainable. What is more, it can be bought prescription-free online or by phone. There are plenty of legitimate outlets stocking Adrafinil and these can be accessed at the click of a button. If economizing is one aspect of importance, then Adrafinil is certainly the best choice.

Modafinil in India


More importantly health-wise, though, is the scary possibility of purchasing a dodgy-version of branded Modafinil online. With the cost of Provigil being so high, it is unsurprising that many prospective users look for a cheaper alternative for their first time trying the drug. Many turn to the internet’s grey market, where there is a lingering risk of being ripped off with tampered drugs. This is where extra caution and care should be applied.
Once users began contemplating off-label equivalents, international pharmacy websites quickly took the opportunity to sell these kinds of drugs. The most popular location from which many internet users buy unbranded Modafinil is India. Sources of the drug in India do not require strict quality control, nor are prescriptions required by users.
In fact, there is much information to be considered with regard to India’s counterfeit drugs market. This article on New York Times discusses how:
India’s drug industry is one of the country’s most important economic engines, exporting $15 billion in products annually, and some of its factories are world-class, virtually undistinguishable from their counterparts in the West. But others suffer from serious quality control problems. The World Health Organization estimated that one in five drugs made in India are fakes. A 2010 survey of New Delhi pharmacies found that 12 percent of sampled drugs were spurious.
Meanwhile, this article on safemedsonline.org attests to the New York Times’ discussion, stating that:
The Food and Drug Administration recently conducted a series of raids in India to uncover counterfeit drugs. The raids yielded large quantities of substandard medicines and resulted in several arrests. However, in India, the penalties for making and selling counterfeit medicines are minimal, the convictions are rare, and the profits are enormous. Since the raids late last year, the problem has only gotten worse.
Alarm bells should definitely ring here. Without quality control, many drugs that appear on international websites do not contain legitimate ingredients. It is a huge gamble to assume your purchased pills are pure or authentic. There’s a great possibility that you might not experience the proper effects of the medication and there is serious potential that you may have toxic reactions to the ingredients in fake versions of the drug. Some websites and online Nootropics communities maintain lists of verified and trustworthy Modafinil vendors, but such vendors do not generally stay on the lists for long. In many cases, a trusted supplier can end up sending out a fake or ineffective batch of pills even after you have developed a long-standing relationship with them. It is almost impossible to protect against this risk.
There is really only one sensible alternative if you find the price of Provigil unreasonable, or if you are contemplating buying potentially contaminated off-label versions from India. Users should purchase Adrafinil from a reputable supplier instead, rather than paying the very serious costs of purchasing from an unreliable source abroad.

Adrafinil vs Modafinil forum


There are many reviews across the internet on individual preferences: Adrafinil or Modafinil. It is all, of course, subjective to user experience. Whilst some remain skeptical towards the newer of the two drugs, Adrafinil, there are huge amounts of successful reviews to be considered. On reddit, jjhurley writes:
Long story short, today is just my 3rd day using adrafinil and I’m impressed with the results so far. I keep reading from people who’ve experienced both adra & moda is that they prefer modafinil. To me it is surprising there would be a whole lot of difference given what we know about adrafinil converting to modafinil once in your system. I understand the conversion takes time but I wouldn’t think that to make a significant impact to different effects.
It is also important to remember that Adrafinil is converted into Modafinil once in the liver. Many users therefore experience the same results with both drugs, and are positive in their opinions of both. DoyouknowmyPW on Reddit concurs, stating that:
I’ve been using Adrafinil and Modafinil for a few weeks now during the workweek. 100-150mg for Modafinil, 200-270 for Adrafinil. I’ve never noticed any painful side-effects, might just be a coincidence. Sharp pain like that could be trapped gas (of course I am not a physician though!). It does help greatly staying more alert during the day. Before I would have issues some days where I am truly struggling to keep my eyes open, especially during meetings. I’ve fallen asleep at least twice for a brief second because my eyes were just too heavy. Since I’ve been taking the morning dose that sleepiness has gone away and I am now on a better sleep schedule because I feel tired when I’m suppose to.
Some users speak of branded versions of the drugs. For example, Akoward on drugs-forum writes:
Recently got a hold of some Nuvigil. Have had previous experience with Olmifon (Adrafinil). As has been said before its much more potent at lower dose that Adrafinil. I only need 1/2 a pill to do what 2x300mg Adrafinils were doing for me. I took a whole Nuvigil the first time and was more productive in that single day that I had been in ages. Got all my work done, worked on personal projects… it was amazing. I will say that some of the physical side effects were a little troubling (ever present tightness in the collarbone to middle neck area, massive restless legs)
It is important to see that with Akoward’s review, despite him alternating to the branded Armodafinil, side-effects were still experienced. This goes to show that Adrafinil, though not manufactured under a moniker, is no less competent in generating the excellent results that might be expected from those drugs which sound more ‘professional’.

Adrafinil vs Modafinil vs Armodafinil


Like Adrafinil and Modafinil, Armodafinil is a stimulant used to combat fatigue. Introduced in 2007, Armodafinil appears under brand names such as Nuvigil, Artvigil, and Waklert. It is purportedly more effective at lower doses than its relatives Adrafinil and Modafinil.
Armodafinil is an enantiopure drug. Enantiopure drugs contain only one of the enantiomers (spoken about earlier), R or S. The R enantiomer is longer acting and is most responsible for the effects of Modafinil specifically. Since the S enantiomer is not as strong, Armodafinil’s dosage is therefore lower. Most doses are 150mg compared to Modafinil’s 200mg standard dose.
Whilst the effects last for roughly the same time, Armodafinil takes longer to reach its peak than Modafinil, and therefore even longer than Adrafinil. This is simply because the S enantiomer reacts and leaves the body faster. Remember, Armodafinil does not have the S enantiomer, whereas Modafinil does. Adrafinil does, too, because Modafinil is a component within it. Because of this, users find that the effects of Armodafinil take longer to make themselves apparent – a potential disadvantage for prospective users.
So, how is Armodafinil processed? Dopamine is a compound existing as neurotransmitter within the body. It is also precursor of other substances including adrenaline. Armodafinil is an indirect dopamine receptor agonist. What this essentially means, then, is that Armodafinil provokes the dopamine levels in the body.
Armodafinil is metabolized in much the similar way as Modafinil. It relies on amide hydrolysis primarily, and enzyme activity from by cytochrome P450 secondly. Amide Hydrolysis refers to the reaction with water of amides – a compound)
As a consequence, this means that is does not rely as much on heavy enzyme activity in the liver. Adrafinil does. This presents further difference that may be considered by potential users. However, it is important to remember to stick to dosage guidance. If taken properly, and often cyclically, Adrafinil is no more threatening to the liver than Modafinil or Armodafinil.
Because Armodafinil, Modafinil and Adrafinil are all very similar in terms of effect, there is much discussion about which is the best. With regard to Modafinil and Armodafinil specifically, some may assume that because small dosages are needed for the latter that it is more efficient. However, it is important to remember individual sensitivity levels. Different drugs can have different reactions for different people. Potency is therefore not the only factor; the personal experience of using either Armodafinil or Modafinil is equally important. A trial and error approach may be necessary, but, of course, extensive research to find the best possible supplement for you is paramount.
In undertaking research, then, you may discover information that suits your needs. For example, it is proposed that, unlike Modafinil, Armodafinil will not actually disturb your existing sleep patterns. Modafinil users might agree a good night’s sleep is difficult to achieve depending on the dosage.
Reddit user guitar1560 states that
I took 50mg two days in a row twice. Couldn’t sleep well the second night both times
Whereas SequenceConvenience writes
I’ve experienced pretty strong sleep changes while taking modafinil, but nothing that has been negative. I actually seem to need less sleep, at least in the sense that it is very easy for me to get out of bed the day after taking modafinil. Then again, I also don’t seem to have much in the way of dreams during those nights.
Armodafinil does not impact sleep pattern. However, with SequenceConvenience’s review, it is clear that some find this a positive effect of Modafinil while others, like guitar1560, may be disappointed.
Respective costs of the drugs might further influence your decision. KimberCT on Longe City tried both Armodafinil and Modafinil, but was swayed somewhat by the price of Nuvigil (the branded name of Armodafinil):
Currently taking 250mg armodafinil daily. To be honest, I kind of prefer modafinil. It seems to have a little more of a quick kick to it. Probably that isomer with a short half life peaking. Other than that, I can’t tell the difference between Nuvigil and modafinil (Sun Pharma). I’d probably have continued taking modafinil, but Cephalon has jacked the price since Nuvigil was FDA approved. With an Rx, Provigil is twice the price of Nuvigil. Their way of getting everyone onto Nuvigil before Provigil’s patent expires.
Adrafinil, meanwhile, can be obtained very cheaply online because it does not exist under a manufactured name. Nevertheless, many of these drugs are safe to use even if they lack a moniker like Provigil or Nuvigil. To stop concerns of the legitimacy of your purchased drug, always ask that your online manufacturer provides a COA (Certificate of Authenticity) on demand. This means that the substance batch has undergone a third-party laboratory analysis to ensure that your purchased drug matches its label and is not contaminated.
A common side-effect of Adrafinil is that the urine can smell different after ingestion of the drug. This is because one of Adrafinil’s metabolites contains a sulphur-based compound, and sulphur is strong smelling in itself.
However, these criticisms are not limited to Adrafinil alone and it should not sway potential users away from this particular drug. Modafinil has also been found to change the odor of urine. For example, PhysicsMaestro on Longe city queries:
I’ve been using modafinil (modalert) for about 8 months now, and regularly noticed a distinct smell of my urine whenever taking it. However, with this armodafinil, I don’t seem to notice it, which worries me a bit (i.e., not really what it states to be). Has anyone else noticed this difference between armodafinil and modafinil? I thought maybe the S-enantiomer could be metabolized and excreted quicker, thus resulting in an early onset smell, but I am just guessing.
Jadamgo answered:
The difference could easily be due to one of the excipients of the tablet, not the active ingredient. It’s also possible that only the S-enantiomer causes the smell, and of course, there’s the possibility that either these pills or the old ones didn’t actually contain modafinil. Sometimes they contain caffeine or dimethylamylamine or other stimulants, either mixed with modafinil or completely replacing it.
PhysicsMaestro thereafter concurrs:
I thought the odorous urine was ubiquitous to all variants of modafinil, resulting from its metabolites. But I guess the smell could be dependent on the enantiomer. I am willing to assume that whatever enzyme metabolizes modafinil to modafinil acid would leave its chirality intact. I don’t think it would be the excipients since the smell is so widely reported with different sources (and the modafinil has a sulfiyl group, so)
Nor does Armodafinil escape the urine issues. An anonymous writer on Erowid.org wrote:
Oh, and the pill tastes awful. Don’t let it get stuck in your mouth. And my pee starts to smell like it, too, but I get used to it
It is therefore important not to be selective of criticism based on what drug you have been swayed by. If you read that Modafinil is apparently “safer” because it does not rely on rampant enzyme activity, then do remember to include other issues such as cost-efficiency and, of course, other side-effects that might become more apparent than rare liver problems. These side-effects might include nausea, chest-pain or a faster heart rate (nhs.uk).
Adrafinil stands out as the most cost-effective, and, though it has been reported to alter urine odor, it is not alone. Modafinil, the more expensive, and Armodafinil, with a longer reaction time, also generate similar side-effects.
As well as reviews on specific effects of Adrafinil, Armodafinil or Modafinil, there are plenty of general overviews to be found around the internet. On Reddit, BitcoinOperatedGirl writes of her experience:
I tried the adrafinil first, starting with a low dose of 200mg one morning. I prepared a capsule and put it in a baggie next to my pillow before I went to sleep. When my alarm clock rang in the morning, I swallowed the capsule, silenced the alarm clock, and went back to sleep. I was expecting the stimulatory effect to eventually wake me up, as a caffeine pill would, but I ended up sleeping for two more hours. I felt a little disappointed after getting up and not feeling any stimulation, so I decided to add an extra 400mg to the mix. The rest of the day, I was in a fairly good mood. I thought that I was maybe a little more energetic and motivated than usual. I was fairly productive and I worked out. The effect wasn’t what I expected, however. I’ve read people on here talking about feeling wired, and “laser beam focus”, but a whole 600mg of adrafinil felt nothing close to what I imagined (I guess I imagined it would feel like a mild dose of ritalin or something). On the upside, I experienced no substantial anxiety, whereas all the amphetamine-like drugs make me very uncomfortably anxious (I really can’t stand them, they feel disgusting to me). I didn’t really feel a crash and I went to bed at my normal hour. I’m experimenting with adrafinil again today. I took 800mg this time. I was feeling particularly tired this morning (cripplingly tired, lethargic really). I definitely feel more energetic now. I’ve gotten some work done, I’m feeling the drive to write walls of text on reddit and I’m going to have a workout in a few minutes. I don’t expect to have any motivational issues today. Maybe I’ll even cook something fun. Only unfortunate side-effect seems to be a mild headache, but advil seems to be taking care of that. I also tried armodafinil a week ago. Took a small 75mg dose in the morning. Same setup as with adrafinil. I also fell back to sleep for 2 hours. I felt pretty anxious that day and also got a headache. I can’t quite be sure the armodafinil is to blame but I suspect it is. Seems much more anxiety-inducing than adrafinil, which is unfortunate given that it seems adrafinil is worse for your liver. Armodafinil is probably just not for me.
Nezxon on LongeCity meanwhile states that:
I’m taking 75mg Adrafinil (Olmifon) twice daily and I haven’t experienced any side effects. I’d like to give Armodafinil a try, perhaps even safer in the long-term than Modafinil is.
These kinds of reviews certainly help to build a solid picture of each drug’s story. Undertaking research like this to decide on which drug is preferable to you is definitely something you should embark on before picking at random a supplement based on one review.

Adrafinil vs Modafinil reddit


The only notable difference in reviews between Modafinil and Adrafinil is that the latter takes longer to take effect. For example, justmodz1 stated that:
adrafinil is the precursor of modafinil in that it came first and led to the discovery of modafinil in fact adrafinil turns into modafinil in the body due to breakdown of it molecules which actually means that the two have the same effects but adrafinil takes longer to take effect.
While KPC100 agreed that:
Adrafinil gets turned into Modafinil in your system. Because of this, you need a much larger dose and it takes longer to take effect.
Although it does have a longer reaction time, this certainly shouldn’t be a downfall of Adrafinil. It is simply a case that Adrafinil’s chemical processing takes a little longer. However, once complete, the results are just as effective as those found with Modafinil. Take into consideration, also, that Adrafinil will certainly stimulate, energize and ultimately shake you awake. The seemingly longer period of time before this happens will soon become irrelevant when the benefits are reaped. Further Reddit reviews compare other aspects of Adrafinil and Modafinil.
Jjhurley, commenting on the actual nature of each drug, states that:
I keep reading from people who’ve experienced both adra & moda is that they prefer modafinil. To me it is surprising there would be a whole lot of difference given what we know about adrafinil converting to modafinil once in your system. I understand the conversion takes time but I wouldn’t think that to make a significant impact to different effects.
While the same user goes on to discuss issues of costing, in the end suggesting that, in terms of price, they would definitely prefer Adrafinil:
I was really hoping to have equal, if not better, experiences on just 200mg of moda. The reason I’d like to not take more than that is simply cost. At $1.50-2.00 per 200mg pill of moda (prices based off the quantities I’d be ordering as well as variation in supplier prices) it’s too costly to have to take twice that for my own personal budget. To be honest, even at $1.50-2.00 per pill/200mg is already high for my budget. I can get 50g of adrafinil for $98 which comes out to up to 50% cheaper a single moda dose/pill of 200mg. If conversion ratios are right and I’d need two pills or 400mg of moda though then my adra would be 75% cheaper.
There are plenty of important aspects to consider when choosing between Modafinil or Adrafinil. Firstly, selecting the safest and most reliable drug should be of paramount interest. Whereas Adrafinil is often tested by third parties and is shipped nationally rather than across sees, Modafinil (both branded and unbranded versions) is often left untested and sent from India. Quality control is a big issue of concern for international pharmacies and should definitely guide your final decision.
Pricing is also important to consider. Although you might think you’re getting a better deal by choosing a cheaper off-label version from India, it is still not as easy to buy Modafinil as it is Adrafinil. Most venders of Modafinil do not accept Paypal. This service offers secure buyer protection. With the option of a legitimate, nationally supplied alternative in Adrafinil, it is illogical to risk your bank account details instead – just to purchase a drug that will likely be contaminated and unsafe
submitted by Ximena556677 to NootropicsTalk [link] [comments]

Have a question? Read this FAQ first.

Note: I AM NOT A MOD. If you have a question for a mod, please send it to /beermoney. I merely wrote the FAQ.
 
 

THIS FAQ HAS BEEN MOVED. PLEASE VISIT THE WIKI FOR THE CURRENT VERSION.

 
 
 
 
 
 
 
   
 
 
 
 
 
 
 

Welcome to part 1 of the FAQ.

This section covers questions about beermoney in general. This includes questions about exchanging gift cards, what equipment to use, issues with a site not working or offers not crediting, info on posting a giveaway or tasks, taxes, using VPNS/VPS/etc, and other general questions.
 
Part two covers common terms and which sites to use. This includes questions about which sites are available, how to make money quickly, the "best" sites, work under age 18, information about Engageme.tv, and other related questions.
 
 

Notice:

If you use any autosurfing websites, do not cash out to PayPal. There is a chance your PayPal account could be permanently limited. The post specifically mentions fastcashmining.com and cashminingbot.com but others may have the same problem. You should be fine to cash out using other methods.
 
 

WHY WAS MY POST REMOVED?

Due to an increase in spam posts, new posts must be manually approved by a mod before showing up. Most posts will be approved within 12-24 hours. Please be patient during this time.
If your post has not been approved in 24 hours, you likely broke a rule or you simply weren't posting about a /beermoney topic. Having the opportunity to make money does not necessarily make your post /beermoney. Sign up bonuses, crytocurrency wallets, investments, affiliate marketing, actual jobs, and other such things are not /beermoney.
 

HOW DO I GET MY REFERRAL CODE ON THE COMMON BEERMONEY SITES LIST?

You need to be an active member of this community. Users who consistently submit top/quality content to this subreddit will receive the opportunity to put their referral link on the list. Have you seen someone being particularly helpful? Message Threw_it_to_ground to put in your nomination.
Here is more info.
 

WHY DID MY NEEVO / DEFINED CROWD TASK COUNTER GO DOWN?

This typically happens when you've missed a lot of attention checks or were kicked off the job. Don't worry, you should still get paid as long as you weren't giving bad answers. It may take a bit longer for them to validate your answers, and you may get paid a bit less due to the incorrect answers. Make sure to shoot them an email though.
 

WHY CAN'T I DO ANY TASKS FOR NEEVO / DEFINED CROWD?

  • Are you being invited to jobs? — Neevo invites their best workers to new jobs first. You may get an opportunity later.
  • Is your task counter correct? — Your number of tasks will drop if you are banned from the job for failing too many attention checks.
  • Is the job still active? — It's possible that they simply ran out of tasks. Jobs are not closed until the project is completed and verified. Check back later to see if more tasks have been added.
 

WHY HASN'T MY NEEVO / DEFINED CROWD PAYMENT HASN'T ARRIVED YET?

Give them some time. They pay out after the job has been completed and validated. It can take a few weeks to get paid. If the job has been closed for a few weeks and you still haven't received payment, send them an email: [email protected]
 

I HAVE A QUESTION ABOUT QUICKTHOUGHTS / IPOLL

Is It Legit? Quickthoughts does pay some people. However, they are extremely ban happy. You WILL be banned eventually.
Making A Second Account You are not permitted to make a second account under any circumstances. It does not matter if you were wrongfully banned.
Rewards iPhone only gets iTunes and Android only gets Amazon. If you are unhappy about your selection, consider selling or trading your gift card in one of the places mentioned later on in this post. It is possible to log into your account from another device, but this increases your chances of being banned.
Payments Surveys pay between $0.50 and $2 per survey. Different people make different rates depending on their demographics.
Limits You are only permitted to complete 5 surveys per day.
Taxes As with every other site, you have to file taxes.
No Network Connection / Problem With Your Account You were likely banned. Sometimes there is a legitimate network connection problem, but that's their typical ban message.
Why Was I Banned? It happens all the time, even to legit users. Try messaging support and see if they will unban you. Their automated banning system is a bit touchy, and support doesn't seem to care.
Support Not Replying It can take a while for them to get back to you. You need to be patient. If you haven't heard back in a few weeks, try sending another email.
Note: Quickthoughts and IPoll are run by the same company.
 

WHERE CAN I EXCHANGE GIFT CARDS FOR PAYPAL/BITCOIN/ETC?

If you are looking for a way to sell Amazon Balance, check out this post.
If you want to exchange cash methods, check out /Cash4Cash.
 

HOW CAN I EXCHANGE GOOGLE PLAY CREDITS FOR PAYPAL/BITCOIN/ETC?

There's no easy way to do it. Your options include:
  1. Find someone willing to trade an app for money (you buy the app for them, they give you money).
  2. Make an app and set up a payment system. Then spend your credits through the app you made.
  3. Complete an offer on a site like Swagbucks where you are awarded for spending credits.
 

MTURK DENIED MY APPLICATION. WHY?

Mturk is only available for users age 18 or older. They primarily invite US citizens and permanent residents, but some international workers are accepted as well. Their selection process is seemingly random. If you weren't accepted, you may unexpectedly be approved in the following weeks/months.
 

WHY AM I NOT GETTING ANY SURVEYS?

  • Did you just join yesterday? — New users often see more surveys available on their first day due to the site already having a batch of surveys available. You need to wait for more to get added.
  • Is it during a holiday or a summewinter break? — Many sites such as mTurk and Prolific offer academic studies. This means that there will be more surveys during the school year, and far fewer during summer and holiday breaks. Also, there are more people looking for work during the breaks.
  • Are you checking the site constantly? — Surveys go quickly on the better paying sites. You may only get a few seconds to a couple minutes to accept the task.
  • Are you outside the USA? — There tends to be fewer surveys for non-USA workers.
  • Were you speeding or lying on previous surveys? — You may have been banned.
If you still aren't seeing any surveys after a few weeks, you may just not be in a desirable demographic. It doesn't hurt to contact support to ensure there isn't anything wrong with your account, but chances are there just hasn't been a survey needing you yet.
 

THESE @#%& SURVEYS KEEP DISQUALIFYING ME!!

Yes, that will happen.
 

BUT I SPENT 30 MINUTES ON IT!

Yup. It happens. Survey portals are notorious for disqualifying people. Sites that specialize in doing just surveys tend to be better. Basically, if you're on a site that has an offer wall and surveys, expect disqualifications to happen.
 
There are a few ways to prevent it, but nothing is guaranteed.
  1. Take a couple screenshots as you progress through the survey, especially towards the end. Sometimes support will credit you if you bring it to their attention.
  2. Don't rush, and don't walk away in the middle of a survey. If you're getting disqualified a lot, try counting to 5 after each question.
  3. Always be consistent in your answers. There are a lot of questions designed to figure out if you're telling the truth or not. If your answers keep changing, you'll be disqualified.
  4. Watch out for attention check questions. Sometimes questions will ask you to select a certain response, answer questions about text you've just read, or ask you silly questions such as "Are you an alien?".
 

OFFERS AREN'T CREDITING ME!

Make sure you don't have an adblock or any other extensions that could be interfering with it. Allowing the site isn't enough, you need to disable them. I recommend using a separate browser or profile for doing offers. It's also incredibly important to clear your cache between offers. Vanilla cookie manager is a good extension for this. Even if you do clear the cache, some offers just don't like to credit. /Swagbucks is a great place to see what offers are currently crediting easily. Since many sites use the same offer walls, you can probably find the same offers on another site.
If you met the requirements for an offer and it didn't credit, the only way to get credited is to contact the support for the offer wall and show them proof that the requirements were met.
 

I'M HAVING A PROBLEM WITH A SITE

Is your cash out taking forever? or Is the site just not working right? - Look on a relevant subreddit, facebook or twitter. If there is a problem, people will be posting about it. If there's no mention of the problem, try asking on those subreddits, facebook or on twitter. If you don't know where to look, just go to google and type in the website name and what site you're looking for. For example "Swagbucks reddit" will bring you right to /Swagbucks. This works for facebook, twitter, whatever you need. If all else fails, contact support.
 
Is the site not loading? Try clearing your cookies. If that doesn't work, try another browser or another device. If it still isn't working, follow the advice above about "Is the site just not working right?". If you can't find anything about it, try waiting an hour or two, or even wait until the next day. There could be some issue on the website. If all else fails, contact support.
 
Can't login? Follow the instructions above about the site not loading. There's also a chance you've been banned. Some companies won't alert you to bans and will just suddenly remove your ability to login. Follow the advice below for "Have you been banned for no reason?"
 
Have you been banned for no reason? Contact support. There is absolutely nothing we can do for you here. A few site owners browse this place, but the bulk of us are just general users. Just be polite and friendly. If you didn't do anything wrong, you'll likely get your account unbanned. Sometimes a site's fraud detection is triggered on accident.
If you were banned by Quickthoughts, you likely will not be unbanned, but it still doesn't hurt to send them a message.
 
Did you cash out to the wrong PayPal account? First, add that email address to your PayPal account. You can have multiple emails attached. Next, contact support and ask for guidance. If they already sent the payment, it may get stuck in limbo. If they didn't already send it, they may be able to send it to the correct email. It's best to contact support as soon as you can, so that they can advise you on the proper steps for you to get paid.
 
Having another problem? You're best off just contacting support. Most of the people here are general users. If you need individualized help, contact support.
 

I CONTACTED SUPPORT AND GOT AN AUTOMATED REPLY. WHAT NOW?

If you get a reply and it doesn't answer your question, then send a polite reply. Make sure to restate what you said in the previous email. Don't just copy and paste; they may have misunderstood what you needed the first time. Keep it short and to the point.
Under no circumstances should you yell, swear, or be rude to the staff. Remember, you are asking for their help. Being rude will only get you longer wait times, more copy and pasted responses, and potentially banned. Support is more likely to help those who are polite, so say hello and thank you with each email.
 

HOW DO I TRACK MY EARNINGS?

Most people use a spreadsheet. Here are a few options: One | Two | Three
If you're interested in making your own spreadsheet, here are a few ideas: One | Two
 

WHAT EQUIPMENT SHOULD I USE?

Routers/access points Many people recommend /Ubiquiti I used a cheap TP-link which worked well for up to around 15 devices.
Phones/Tablets At the bare minimum, you want a dual core with Android 4.4.2. I highly recommend getting at least Android 5.0, as many apps will not work with lower spec devices. A few places to check out would be Walmart, Best Buy, Tracfone, Straight Talk, and Amazon. Sales are fairly random, so keep your eye out. You can also get devices on eBay and C7Recycle but do take note that these are often used/refurbished devices and they may not last as long. Sometimes it's cheaper in the long run to just buy new devices.
Laptops Look on ebay or craigslist. Buying used will usually get you a better price than buying new. You want at least a dual core with 4GB of RAM, but a quad core with 8GB of RAM will do you much better.
Powered USB Hubs Many people like these. Never cheap out on your USB hubs - get a quality brand hub or stick with the OEM chargers.
Various Extensions Check out this post. - Although, I disagree about the auto refresher and adblock. Both of those can get you banned by many beermoney sites. FRQc is also great. Just set it to "auto low" and all of the flash videos will load faster.
Check out /BeermoneyHomeNetwork for help with configurations. The posts are old, but the info is solid. It's just one of those things that doesn't change.
 

DO I HAVE TO FILE TAXES?

Short answer: Yes.
Long answer: It doesn't matter if you get PayPal, Cryptocurrency, Gift Cards, physical items, or whatever else. It is all considered income because you are earning it in exchange for a service. In the USA, once you earn $400 in self employment you are required to file taxes. If you earn $600 or more with any individual site in a year, you should receive a 1099 from them. Even if you don't make $600, or don't get the form, you're still supposed to report any amount you earn. There are a few circumstances in which someone doesn't need to file taxes, and if you think you would be in one of those circumstance, you should speak to a certified tax consultant.
Here's more information.
 

WHEN SHOULD I CASH OUT?

Always cash out as soon as possible, unless there is some sort of discount for saving up your points. You never know when you might get banned or a website might go away. Building up your points is just increasing how much you have to lose. The points are not yours until the money is in your possession.
 

HOW DO I TELL IF SOMETHING IS LEGIT OR A SCAM?

If a post is at least 48 hours old or made by a user with flair beside their name, it is likely legit. Known scams get removed pretty quickly. GPT sites are more likely to be a scam than any other type of site posted here. If you are worried about being scammed, I highly recommend sticking to the more well known sites in this FAQ and the Common Beermoney Sites List. You can also ask the poster for proof that they were paid by a site. If they can't prove they've been paid, they are only looking for referrals. I don't recommend signing up on sites when the user can't provide payment proof.
 

Here's a few things to look out for:

  1. If they send you a check and ask you to return part of the money, it is a scam. The check will bounce, and you will be out the money. If an employer needs you to buy something, they will either buy it with a company card, or ask you to send a receipt for a refund. If they've already sent the check, you can give it to your local police department if you want. Just block all communication from them.
  2. They pay a ridiculous amount of money or claim to pay "the most". Very few surveys pay more than $10/hour. You won't get more than about a penny to click links. Videos rarely pay more than a couple pennies. This is about the maximum, and it's very common to make half this rate or lower. If the site is claiming to pay so much more than anywhere else, it's a scam.
  3. You get an offer or interview from a site or job you didn't apply for. Be especially cautious if they want to do the interview over google hangouts.
  4. You are being asked to work for free as a "sample", or you are asked to install a program and wait to be accepted at a later date.
  5. They have a high minimum cash out amount (above $25). Many sites have $1-10 minimums.
  6. You are required to refer people to get paid.
  7. You have to spend money to use the program. Even if it is an "optional" fee, be careful. This includes "training fees".
  8. They don't disclose what type of work you're going to do. Sometimes job listings need to be vague for non-disclosure reasons, but you should always be able to get a general description of the work you will perform.
  9. The website or post is full of grammar errors. An error here or there is bound to happen, but any legit site is going to put in effort to look good.
  10. It's never been mentioned on this subreddit and/or you can't find reviews on google. Unless it's a completely new service, you should be able to find something about it somewhere.
  11. Most importantly - does it feel too good to be true? Does it feel sketchy? Is there something that is just off, but you can't put your finger on it? Trust your instinct, and come here to find out if anyone else has heard of the site. Do a search first, and if you can't find anything, then make a post about it.
There are exceptions to most of these, but these are some things to be on the lookout for. Here are a few more safety tips.
Also, never trust what a blog says. They are trying to get your referral link, so they will pretend the site is better than it is. If you see the site on /beermoney, look in the comments. If the poster is making outrageous claims, usually someone will leave a comment about it.
 

I WANT TO DO A GIVEAWAY FOR EVERYONE HERE. AM I ALLOWED TO DO THAT?

Giveaways without any stipulations or endorsements are permitted. If you intend to promote a site/link/etc or require users to sign up somewhere or complete a task, you must get moderator approval prior to posting. Failing to do so may result in a ban. Due to an incident users are no longer allowed to simply host their own giveaways. When in doubt, message the mods.
 

I WANT TO PAY PEOPLE TO DO A TASK FOR ME. CAN I MAKE A POST ON HERE?

Depends. What type of task are you offering?
When in doubt, message the moderators and ask if it's allowed.
 

HOW DO I GET REFERRALS?

  • Invite your friends and teach them how to use the sites.
  • Advertise on social media.
  • Find a new website that has paid you and hasn't been discussed here (search first!) then advertise it here (with lots of info and payment proof!)
  • Consistently submit top/quality content to this subreddit for the opportunity to have your referral put on the Common Beermoney Sites List.
  • Pay for referrals (make sure the site allows it first!).
  • Join a referral chain.
 

DO I NEED TO USE MY REAL INFO? (name/address/birth date)

Absolutely. You need to have correct info on the sites that pay you. Lying about anything can cause a whole lot of trouble, including getting your account banned.
 

BUT WON'T I GET SPAM MAIL?

From The Website Paying You? It's highly unlikely that the sites that pay you will waste their money sending you spam mail. You may get something for verification, but that's about it.
From The Surveys? It's very rare unless they are sending a payment, a product for testing, or they are requesting a follow-up. Most surveys won't even ask for this info, and on the rare occasion they do, it's typically to avoid repeat submissions.
From The Offers? Sometimes. Most of them won't send you anything even if they say they will. Charities, credit cards, banks, and other similar services will spam you non-stop though.
In Your E-mail? Absolutely. Make sure to use a separate e-mail for beermoney work, especially if you're going to be doing offers.
 

THIS SITE NEEDS A PHONE NUMBER FOR VERIFICATION. CAN YOU HELP ME?

Free OptionsGoogle Voice | List of free services | Ask a family member or friend
Paid services/phoneverification | List of paid services
 

CAN I USE A VPN, VPS, OR OTHER SOFTWARE TO PRETEND I'M FROM ANOTHER COUNTRY?

No. You can get banned for doing this. Usually they ban you right after you redeem your first reward. The location is restricted for a reason.
 

CAN I USE AN EMULATOR OR A VIRTUAL MACHINE?

No. Third party software is not allowed, and you can be banned for it.
 

IS BEERMONEY DEAD/DYING?

No. Don't listen to the trolls. Beermoney changes over time. Some methods are less lucrative now than in the past. Some are more lucrative. Some have less sites offering the service, and some have more. Passive methods are on the decline, but beermoney is more than just passive methods.
 

WHY ARE MY COMMENTS/POSTS BEING DOWNVOTED?

Every post will get a few downvotes. You can't please everyone. If you get down to -5 or lower, you might want to take a look at what you're typing. Beermoney users in general are more likely to upvote than to downvote, so either you're breaking a rule, spreading false info, or you're just being rude.
 
If you saw something in this FAQ that you think is wrong, is confusing, or you think needs more information, please let me know and I will look over it.
 

Have another question? Check the FAQ part 2 or try searching first!

You can use the reddit search bar, https://www.redditsearch.io/, or even a google search with "beermoney" in it to find lots of useful information.

Here's more info on how to use the searches.

submitted by Mikazah to beermoney [link] [comments]

Most Common Beer Money Sites: DO NOT Create Threads Promoting These

SwagBucks [International*]

This is one of the oldest, most well known GPT (Get-Paid-To) sites. They have plenty to offer, so you shouldn't get too bored. You can earn bonus points for meeting your daily goals, and you can earn up to 300 points ($3) for meeting your goal each day. They have one of the largest selections of rewards available, so you should easily find something you like. — Payment Proof. / Is it available in my country?
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Get a 300SB ($3) bonus if you sign up through this link and earn 300SB in your first 30 days. Points are awarded the next day after reaching 300SB.
↪ Use signup code REDDIT for a free 70SB bonus for new users. Click “I have a sign up code (optional)” which is underneath the “Confirm Password” Box.
↪ Age minimum: 13
↪ Offers: Mobile and Desktop Videos, Surveys, Polls, Offer Walls, Tasks, Special offers, Coupons, Games, Search bar, Limited Time Codes, Download offers, Cash Back from Shopping, Swago (like Bingo) and more.
↪ Payout: [Minimum: $3] Amazon, PayPal, Prepaid VISA, Wal-Mart, PSN, Xbox, Sweepstakes, Charity and many more.
TIPS:
‌• Earn up to 300 SB ($3) for meeting your goals for 7, 14, 21 and 30 days in a row.
• Once a month you can redeem a $25 gift card for 12% off.
• Make up to 10 Swagbucks easily each day by playing games in the Play category.
• Click And Earn List to Earn 38 Points Daily Here
• Check out /swagbucks and the discord after signing up for up to date info about the best paying offers.
 

GAIN [US, GB, IE, SE, DE, CA, NL, NO, AU, BE, ES, FR, DK, IT, RU, SG and MY]

Gain is a high paying GPT site that allows you to complete offers, watch videos, complete surveys and more to earn coins. Gain operates in many countries. New users can start out with 100 coins by using this link. — Payment Proof.
↪ Withdrawal options include BTC, ETH, LTC, BCH, CSGOSHOP, Coinbase. Gift cards (through Tango/Rewardlink) also available in certain countries only.
Free daily bonus coins from 10-100 depending on your user level, claim them every 24h on the Gain offerwall
↪ Age minimum: 13+
↪ No screwy point to dollar conversion ratios. 1,000 coins = $1.
↪ Active, friendly and easily accessible support
↪ Earn extra coins for being one of the top 3 earners each day and each month
↪ Bet your Daily Bonus or your earnings (play responsibly) on roulette by clicking Win
TIPS:
• Referral Incentive: New users get 100 coins ($0.10). Referring users get 5% of the referred users earnings.
• Click on the PayPal Guide link after signing up to learn how to easily convert your earnings from Crypto>PayPal with CoinBase.
5% Earning Bonus: Sign up to the site with your Steam account and add gain.gg to the end of your steam username to earn a 5% bonus on your earnings.
Offers over 4000 coins are automatically held, message Support Chat (click Support on the top right of the chat box) to have the coins released for you.
 

GG2U.org [International*]

GG2U is a GPT (Get-Paid-To) site. The website is a bit outdated looking, and it can feel clunky at times, but don't let that fool you. It has some of the highest paying rates, and has a few unique offer walls and plenty of survey routers that you rarely see on other sites. The customer support is great as well. The owner responds pretty quickly and is always willing to help out. This site is focused on gamers and has some gaming tasks, but there are plenty of things to do for non-gamers as well. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 13
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Gaming Tasks, and Promotional Link Shortener.
↪ Get paid for listening to the radio (US, CA, UK)
↪ Payout: [Minimum: $7] PayPal, BTC to Coinbase, Amazon, Best Buy, GameStop, Google Play, iTunes, Nintendo eShop, Playstation GC, Steam, Target, Walmart, Xbox GC
↪ Referral Incentive: The referring user earns 5% for life.
TIPS:
• For every 5 cash out requests, you get a Golden Token which will give you $1-7. This results in an average 7.8% higher payments if cashing out at the minimum each time.
• If you contact support, you can request to have your payouts issued at the minimum cashout amount rather than for your full balance. This will let you make the most out of the Golden Tickets.
 

PrizeRebel [International*]

PrizeRebel is a GPT (Get-Paid-To) site. They have many offer walls and survey providers available. You can earn bonus points for meeting your daily goals, and they have bi-monthly contests that reward the top earners. They also have a Level program that allows you to earn a bigger percentage from your referrals, prize discounts, special bonuses, and automatic prize processing. Level up by earning more points. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 16
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Coupons, and Earning Contests.
↪ Payout: [Minimum: $2] Amazon, PayPal, VISA, Wal-Mart, Best Buy, Raffles and many more.
↪ Referral Incentive: 15-30% of what your referrals earn for life.
TIPS:
• Meet your daily goal each day to earn bonus points.
 

Fetch Rewards Invite Code: V3DVK [US, Puerto Rico]

Fetch is an app available for both Android and iOS where users earn money for scanning receipts and for purchasing specific products or brands. You get points for every receipt from a grocery retailer, supermarket, club wholesaler, home improvement/hardware store, pet store or convenience stores, regardless of what you buy. You can get additional points for purchasing specific products or specific brands. Receipts cannot be more than 2 weeks old. It can also be set it up to passively collect e-receipts. — Payment Proof.
↪ Age minimum: Age of majority in your jurisdiction (Usually this is 18).
↪ Offers: Cash back for scanning receipts and buying specific products or brands.
↪ Payout: [Minimum $3] Amazon, Target, Best Buy, Xbox, Applebee's and many more.
↪ Referral Incentive: Both the referrer and the referred user get $2-5 when they scan their first receipt. The exact amount varies depending on the current promotion. This is close to or above the minimum cash out amount.
TIPS:
• Make sure to check for rebates on any items you regularly stock up on.
• You don’t need to add rebates before purchasing items.
 

Ibotta [US, Puerto Rico]

Ibotta is an app available for both Android and iOS that gives cash back for shopping at Ibotta's retail and then scanning your receipts to prove what purchases were made. They currently support around 160 stores. Most offers are for newer brands, but they often have well-known names such as Glade or Kraft. They also regularly have cash back deals for "any item" or "any brand". You can also get cash back for shopping on sites such as Amazon and various services such as meal delivery. — Payment Proof.
↪ Age minimum: 18
↪ Offers: Cash back.
↪ Payout: [Minimum $20] Paypal, Venmo, Amazon, BestBuy, Starbucks and many more.
↪ Referral: Referred users get a $20 Welcome Bonus after redeeming their first brand name receipt. Referring users get $5 for each referred user who receives their welcome bonus. They also often run bonuses for referring a certain number of users during the month.
TIPS::
• Always check for the "Any Item" rebate before scanning a receipt.
• Check your account for bonuses. They often have bonuses for redeeming certain groups of rebates or for redeeming a certain number of rebates within a time limit.
• You can link your Facebook account in order to participate in teamwork bonuses with friends.
 

Hideout.TV [International*]

Earn for watching videos with advertisements. All you have to do is create an account, log in, visit the Rewards page, choose a loyalty rewards partner, and then start watching. You can then transfer and redeem your credits via the partner's platform.
*The site is International but currently limited to United States, United Kingdom, Canada, Australia, New Zealand, Netherlands, Germany, Norway, Ireland, Denmark, Sweden,Romania, Portugal, Poland, Malta, Latvia, Luxembourg, Lithuania, Italy, Hungary, Croatia, Greece, France, Finland, Spain, Estonia, Cyprus, Bulgaria, Belgium, Austria, India. Ukraine, Uruguay, Brazil, Mexico, Japan, Taiwan, Hong Kong, Singapore, Colombia, Malaysia, Thailand, Ecuador, Peru, United Arab Emirates, Phillipines.
↪ At the Promo Center, you can also earn points by taking surveys, downloading apps, trying products, and more!
↪ Hideout is currently limited to only one account/device per household.
↪ Hideout credits are worth different amounts depending on which site you transfer them to. Shop around to see which site/loyalty partner offers the best all around value for you.
↪ Age minimum: 13
↪ Payout: You need to have earned at least 9 points to redeem/transfer and can only do 3 transfers per day.
TIPS:
‌• Earn daily free rewards points by watching at least one video and then going to any video on Hideout.tv, and clicking on the "Rewards" button. You'll then see a filled-in, one-use promo code.
• Hideout frequently posts promo codes on their Facebook so check often because they have limited uses.
• Earn more on HideoutTV's sister sites using the same login info as HideoutTV (still only one device/site at a time) ThePanda, Letscheckin and Popjoy
 

Amazon Mechanical Turk [International*]

Mturk is a platform that allows clients to post a large number of jobs. It is a bit more professional than the typical /beermoney site. You work for "requesters" and they can approve or reject your submitted tasks, also known as HITs. You can earn a lot more money on this site than other typical /beermoney sites, but you need to pay attention to which jobs you accept. Not all HITs pay well. They do require some sensitive information from you for tax purposes. Not everyone gets approved to work here, and some people will be approved months or years after being rejected. — Payment Proof.
*This site is international, but most of the tasks are only available for the USA. International users can only redeem Amazon.com balance.
↪ Age minimum: 18
↪ Offers: A large number of tasks including Surveys, Transcription, Translation, Website Testing, Data Entry and much more.
↪ Payout: [Minimum $0.01] Amazon.com Balance and Amazon Payments Balance. Amazon Payments Balance can be transferred to a bank account.
Note: All Amazon Balance is for the USA Amazon.com website regardless of your country.
↪ Referral Incentive: None
TIPS:
• Only do HITs that pay at least 10¢/minute. This gives you a rate of $6/hour. Mturk crowd forum and /hitsworthturkingfor are good places to check for higher paying HITs.
• It is better to return a HIT than to submit to if you are unsure whether the requester will approve it. Returning a HIT will not negatively affect you, but a rejection will.
Scripts are allowed and encouraged. Checked /mturk for more tips and suggestions.
 

UserTesting [International*]

UserTesting is a usability testing site. You get paid to record your screen and speak aloud while performing a number of specified tasks. These tasks are generally related to testing a website or an app, but some tests may have you complete a survey, play a game, test new software, etc. At the start you may receive $3 sample tests, but after a while you will see $10 unmoderated tests. Moderated tests start at $30 per test, and usually require you to have a webcam. Payment arrives via PayPal exactly 7 days after your test is completed. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 18
↪ Offers: Usability testing
↪ Payout: [Minimum: None] PayPal
↪ Referral Incentive: None.
TIPS:
• Completing the unpaid surveys at the top may qualify you for additional tests.
• Make sure to follow instructions carefully, keep talking, and be professional. Keeping a high quality rating is essential if you want to receive plenty of tests.
 

GetUpside [USA - Select states*]

GetUpside is an app available on both Android and iOS that gives you cash back on gas, groceries and restaurants. You can get up to $0.25 per gallon of gas (or up to $0.50 per gallon twice per day), 15% on groceries, and 35% at restaurants. Some gas stations offer cash back on convenience store purchases, car washes, inspections, oil changes, etc. GetUpside also gives you a map of all the participating gas stations in your area, and you can get additional points for confirming or fixing the prices.
↪ Age Minimum: 13
↪ Offers: Cashback on gas, groceries and restaurants.
↪ Payout: PayPal ($1 fee if under $15), Check ($1 fee if under $50), Amazon, Home Depot, Target, and many more. [GC Minimum: $10]
↪ Referral Incentive: The referred user gets $0.15-$0.20 off per gallon of gas on their first purchase. The referring user gets $0.01-$0.02 per gallon from direct referrals, and $0.005-$0.01 per gallon for indirect referrals for life. Amount varies per person. As of 05/18/20 (not sure how long it will last) new users who sign up with the link above get a $7-$14(varies per person) bonus if they buy at least $10 worth of gas.
TIPS:
‌• You must make your purchase with a debit or credit card. Cash, prepaid cards, gift cards, and EBT are not eligible forms of payment.
• You only have 4 hours to make your gas or restaurant purchase after claiming the offer. Grocery offers have 24 hours. All receipts must be scanned within 24 hours from when you claim the offer.
 

Cash Back From Shopping Online

These sites give cash back on your online purchases. Online purchases require you to click their affiliate link prior to shopping. Ebates US has in-store offers as well. In-store purchases require you to link a debit/credit card and to active the offer prior to shopping. Most of these sites are International, but your shopping opportunities may be limited, and you will only get paid in the associated currency. — Ebates Payment Proof.
 
TIPS:
• Make sure to click on the "Shop Now" or “Get Cashback” button before adding items to your cart. Otherwise, your shopping trip may not count.
• You can only use one shopping portal per shopping trip. Attempting to use more than one may cause problems crediting your account.
• Disable any ad blockers while shopping.
• For US Users: Sometimes you can earn more cash back on Ebates or TopCashBack than the other for a particular store. Check both sites if you want to get the most cash back for each purchase.
For TopCashBack UK Users: New users are automatically enrolled into the Plus membership. Downgrade to the Classic membership to avoid being charged £5/year.
 
Rakuten (Ebates) US TopCashBack US Rakuten (Ebates) Canada Ebates KR Rebates JP TopCashBack UK TopCashBack IN TopCashBack 中文
Age 18 18? 18 18 18 18 ? ?
Payout Minimum $5.01 $0.01 $5.01 CAD KRW 5,001 ? £0.01 ₹0.01 $0.01
Payout Types Check, PayPal VISA, PayPal, ACH, Gift Cards Check, PayPal Bank, PayPal, Naver Pay ? Master Card, PayPal, BACS, Gift Cards, British Airways Amazon Pay, NEFT, Paytm PayPal, Amazon, UnionPay
New User Bonus $10 $10 $5 CAD KRW 5,000 ? ? ₹100 ?
Referral Incentive $25 $10 $10 CAD KRW 5,000 ? £5.00 ₹200 $10
Some information is missing due to translation difficulties and signup problems. Please let us know if you know any of this missing information.
 
 

Sites to Avoid: Definitely DO NOT post these.

Earnsanity — Shady owner, sketchy site. Held giveaway and then refunded the prizes after it was over. History of scamming many others. AVOID AT ALL COSTS UNLESS YOU WANT TO BE SCAMMED.
Paidverts — Shady owner, sketchy site. Keeps doing debt swaps (cash to BAP). Do not post.
Neobux — It isn’t really a scam, but they operate as a pyramid scheme. There’s money to be made online, but it’s definitely not there.
MarketGlory — It does pay out, but the pay is absolutely ridiculous. The only way to make a decent amount of money is to have a lot of referrals, and referral whoring on this subreddit WILL result in a permanent ban.
MindSumo — Not actually a /beermoney site. It’s only spam in this sub.
G2A — Scam/sells stolen keys.
Robinhood — This is spammed on our sub constantly.
Quickthoughts — Many reports of people being banned when trying to withdraw as of 10/2018. Do your due diligence before possibly wasting your time on this app.
Sites with $100+ minimum — These sites usually offer higher than normal payments for simple tasks, with a high minimum to cash out. They are always scams.
Generic news sites that pay you ridiculous amounts to read an article (two euros??) — Common sense should take care of this, but in case it doesn’t, it’s always a scam. The site is usually hosted somewhere in Eastern Europe, and you will never get paid.
Free bitcoin sites/"faucets" (THIS INCLUDES QOINPRO) — This is not referring to those video-viewing/task sites (although they’re still paying fragments of a penny). I’m talking about sites that give you 0.000001BTC to fill a captcha (freebitco.in, dailybitcoins). Admittedly many beermoney sites pay low, but don’t even bother with these.
Also: Bitcoin mining is NO LONGER PROFITABLE. If you're really so keen on getting bitcoins, doing so through an exchange is your best option.
Here are a few more scam sites and sketchy sites.
 
 
Please note that presence on this post does not imply that /beermoney or its moderators endorse the site or their views, actions, or policies. This list simply contains sites that are used by a large number of our users or are frequently mentioned on our subreddit.
We frequently monitor data from all the sites on this list from various sources to ensure that users are able and interested in utilizing them and if they do, that they also are getting paid promptly and fairly for all work they do. We make adjustments to this list and the order of sites accordingly based on all the data we receive.
 
Please make sure you follow the Rules of our subreddit and if you ever have any questions about anything beermoney related, please take a look at our extensive FAQ which should answer almost any question you might have.
submitted by beermoneymods to beermoney [link] [comments]

The Customer can't do refunds without our approval.Before the refund actions Customer needs to contact us with email - [email protected] unverified refunds will not be covered. P4ay is not responsible for any loss, resulting from not allowed refunds. P4ay.com doesn't send payments to third parties. 6. Conclusion – Can I Use Paypal to Buy Bitcoin? There’s still no easy process that allows you to buy actual Bitcoins (not price speculation) with PayPal. My personal suggestion is to use a different payment method if possible. If you have to use PayPal, the methods listed here will work, but get ready for some hefty fees. The Paxful escrow, for instance, locks bitcoin once a user initiates a trade. Paxful keeps the bitcoin locked until the conditions of the transaction are met. If you complete the payment process and the seller fails to release the bitcoin from escrow, you should report the issue immediately to the Paxful customer support. I recommend this list of sites to buy bitcoin without ID verification. There's Localbitcoins (cash, paypal, bank transfer - high/average fees), BuySomeBitcoins (credit card - beginner friendly but high fees), Bitsquare (bank transfer - advanced users, lower volumes), and Bitcoin ATMs (cash - some do still require ID). But there’s also a slew of businesses that allow people to purchase bitcoin and other cryptos with the Paypal payment processor. ... selling BCH that accept Paypal ... verification services process.

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