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Topic: Bitcoin Required for Class - Help? (Read 270 times)

legendary
Activity: 2170
Merit: 1789
October 19, 2024, 08:08:42 PM
#26
It wasn't my banking institution - it was actually River holding it. Good to know I guess?
Good to hear that. Maybe you can share this with your professor so he can prepare a dedicated class talking about ways to obtain Bitcoin and the pros/cons of each option. I'd also suggest you browse around this forum so you know how experienced users trade their crypto. I bet it will be useful for your class in one way or the other.
legendary
Activity: 2618
Merit: 6452
Self-proclaimed Genius
October 18, 2024, 11:55:38 PM
#25
I haven't used faucets in years, but when i last used them, it would take a user hundreds of claims to gather enough sat's to actually request a payment... Has this changed?
They still do.
Unless users can claim more than the minimum standard send amount, it's not feasible for faucet owners to automatically/batch individual faucet claims.
Not to mention, the fee.

Hey everyone: I was able to contact River and they put a rush order in. I transfered my $5 worth (lost a bunch due to fees) but it successfully shows up in my wallet. I have emailed my professor: my grade is saved! It wasn't my banking institution - it was actually River holding it. Good to know I guess?
Good yes, it's custodial so they are in control of what you've bought from them and no one have any idea of your purchase's holdup.
But you're lucky that you've selected a service with good customer support.
?
Activity: -
Merit: -
October 18, 2024, 07:48:38 PM
#24
Hey everyone: I was able to contact River and they put a rush order in. I transfered my $5 worth (lost a bunch due to fees) but it successfully shows up in my wallet. I have emailed my professor: my grade is saved! It wasn't my banking institution - it was actually River holding it. Good to know I guess?

Sincerely, thank you everyone for all the advice and help! I can't emphasize how much I appreciate your kindness, patience, support and help! I'm so happy to see that the bitcoin community is so supportive. I'm really hopeful that I can continue to learn more from you all! ☺️

As for the class, it's at my local university and is hosted by a CPA (technically classified as an accounting course) and is called Introduction to Bitcoin & Cryptocurrency. If anyone else would like any additional information, I'd be happy to share! This class has been informative (although I wish we wouldve been given a little more instruction on how long this typically takes lol).

Im also based in the USA. Tuition is expensive!

Thank you again everyone!!
legendary
Activity: 2170
Merit: 1789
October 18, 2024, 07:28:51 PM
#23
Yes, they did. Others utilized Strike and Swan and mentioned having issues transferring from their institutions as well! I don't believe my professor is willing to change it to testnet. He truly wants us to own an actual portion of bitcoin.
Does your professor not tell you the alternatives to buying or getting Bitcoin then? Especially when most of your colleagues face the same issue. What works for them in the end?

I just realized it's weird if his class doesn't tell you how to obtain BTC. Sure we can easily Google it but for a thousand dollars class, I'd expect more from him.

It sounds totally unprofessional and if I'm not wrong then OP mentioned that he's paid $1300 worth of money for the class.
It's an expensive class, but it also depends on the country. I don't think anyone is willing to buy that course in my country.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
October 18, 2024, 05:54:57 PM
#22
Very weird that they're asking you to deposit real money, especially if you're college students and it's now that you're starting to learn how to use it. Would you feel comfortable sharing which class that is? Sounds unprofessional, especially if you're paying so much in tuition fees.
Yes, I was also thinking about that, it's really strange that some teachers are asking their students to deposit real money only to know if they can use Bitcoin transfer or not. It sounds totally unprofessional and if I'm not wrong then OP mentioned that he's paid $1300 worth of money for the class.

Op, if it's that much mandatory for you then why not to purchase $50 or $100 worth of Bitcoin from someone here but only from reputed members and then send $5 to each of the students who are also facing the same issue as you. I guess, you might find members who may help you out but you must keep in mind that they might charge some fees.
legendary
Activity: 2212
Merit: 7064
October 18, 2024, 03:08:03 PM
#21
First time I hear about classes like this, and I wonder what university is doing something like this?
I would not waste time with banks for buying $5 worth of bitcoin, instead I would check PeachBitcoin app, if that is supported in your country.
It's easy to trade with many payment options, even face to face, and you don't have to pass any verification (with some limitations).
https://peachbitcoin.com/
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
October 18, 2024, 12:34:11 PM
#20
Very weird that they're asking you to deposit real money, especially if you're college students and it's now that you're starting to learn how to use it. Would you feel comfortable sharing which class that is? Sounds unprofessional, especially if you're paying so much in tuition fees.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 18, 2024, 12:16:51 PM
#19
I have some spare USDT(BSC) that I can pay for OP if someone is going to help him send a few bucks of BTC($1-$5). Because if I'll use an instant swap, it will cost a lot for the fees and the minimal amount is more than $5.

I admire those gestures of everyone for volunteering and in little way, I hope that I can help too.  Wink
legendary
Activity: 1064
Merit: 1101
October 18, 2024, 09:34:21 AM
#18
In any case, if your problem is with $5 Bitcoin, attach proof that you need it for educational purposes, and we will send it to you as a donation or P2P using this board[1].

[1] https://bitcointalk.org/index.php?board=53.0
In case none of the advice you received works, consider that I am ready to send you $5 in BTC as a last resort.

OP has gotten two members who have decided to donate the sum to him if he fails to get the funds from other sources. Thank you @hugeblack and @Lucius for your good deeds. 
sr. member
Activity: 1022
Merit: 363
October 18, 2024, 08:57:28 AM
#17
Hi all,

My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.

My problem occurs with my banking institution - they are putting a long hold on it (2 weeks) and the assignment is due within the next 6 days!

So - would you all assume I'm SOL? Is there a way I could pay an individual here to receive an equivalent amount of BTC in my wallet? This was an expensive class for me ($1300) and I'm terrified I'm going to get docked a letter grade because I wasn't aware my institution was going to put such a long hold.

Any advice you may have is welcome!

I don't know bank putting their costumer for long hold like that, since what I encounter this happen in few days only then everything will be fix if there's a problem occur.

So what I think the best solution to you is to ask your classmate for crypto funds then pay it directly to them. Since asking random people to do p2p to you won't provably happen. Also for sure you would never feel any hardship towards dealing with people especially if you go directly to your class or to people who use crypto around you.

Anyways good luck for finding also be careful with scammers there's so many people take advantage on the needs of people always ask for vouch to see if the person you deal with is trusted in this forum.
legendary
Activity: 2184
Merit: 1302
October 18, 2024, 08:45:46 AM
#16
I also plan on staying on this forum (I poked around quite a bit, too!) And gosh everyone here is sincerely a fountain of knowledge or something lol.
Welcome to the forum. Grin it'd definitely be of huge benefit to you if you remain in the forum, since you paid $1300 for the class, it is clear you have an interest to learn about bitcoin, and good thing is you will pay $0 to learn from this forum, so great decision to stick around. As for the $5, try and see if there is someone who would agree to trade with you, and if not i think one or two users in this thread have already agreed to send you the funds as a last resort thing, goodluck mate.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
October 18, 2024, 08:26:47 AM
#15
~snip~
Since any amount is fine have you tried a faucet to get your Bitcoin?


The problem with faucets is that they pay a very small amounts, and because of that there are no direct payments because the fee is many times higher than the amount you send. In the 6 days that the OP has to "acquire" that BTC, he would not be able to collect enough to make any kind of transaction.



@BluDevill, you can try to buy BTC on our forum in the Exchange board (the link has already been posted). In case none of the advice you received works, consider that I am ready to send you $5 in BTC as a last resort.
?
Activity: -
Merit: -
October 18, 2024, 06:37:41 AM
#14

How should I go about trading then? I don't want to scare anyone away but I'm definitely desperate.
Did any of your colleagues buy Bitcoin? If so, ask them where they bought it from, and you can ask the professor to change the currency to testnet. In any case, if your problem is with $5 Bitcoin, attach proof that you need it for educational purposes, and we will send it to you as a donation or P2P using this board[1].

[1] https://bitcointalk.org/index.php?board=53.0

Yes, they did. Others utilized Strike and Swan and mentioned having issues transferring from their institutions as well! I don't believe my professor is willing to change it to testnet. He truly wants us to own an actual portion of bitcoin. He was extremely adamant, and, considering it's a good chunk of my grade, I'm totally OK with buying it lol. I think it's super interesting and it's definitely been a worthwhile class! I also plan on staying on this forum (I poked around quite a bit, too!) And gosh everyone here is sincerely a fountain of knowledge or something lol.
hero member
Activity: 742
Merit: 633
October 18, 2024, 04:09:01 AM
#13
Yes, we are required to purchase and use a Blockstream Jade and the companion app. Its to show that we know how to use a cold wallet. His mantra is "not your wallet, not your bitcoin" lol. The class is an introduction to all things bitcoin and crypto related, with a focus on mainly bitcoin. Very little coverage on altcoins.
Do you purchase it from him or what, I feel like it's kind of a teacher that force the students to buy something that give benefit for them.

It should be "not your keys, not your wallet", technically you don't need to purchase a hardware wallet to really own Bitcoin, setting up a non custodial wallet from your cellphone and save the keys is enough.

It shouldn't be hard to get $5, as long as you send first.
legendary
Activity: 2702
Merit: 4002
October 18, 2024, 03:30:56 AM
#12

How should I go about trading then? I don't want to scare anyone away but I'm definitely desperate.
Did any of your colleagues buy Bitcoin? If so, ask them where they bought it from, and you can ask the professor to change the currency to testnet. In any case, if your problem is with $5 Bitcoin, attach proof that you need it for educational purposes, and we will send it to you as a donation or P2P using this board[1].

[1] https://bitcointalk.org/index.php?board=53.0
?
Activity: -
Merit: -
October 18, 2024, 02:02:14 AM
#11
My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.
This is a hardware bitcoin wallet right? I wonder why students must have need to provide this? Also what is the subject of your class the needed of a hardware plus there should be a fund on it with a minimum of $5 btc. Sounds weird but it is.

Its quite hard to set a p2p in here due to your account is quite new and maybe no one wants to trade because kf that.

Also whats this $1300 you mean you spend?

Yes, we are required to purchase and use a Blockstream Jade and the companion app. Its to show that we know how to use a cold wallet. His mantra is "not your wallet, not your bitcoin" lol. The class is an introduction to all things bitcoin and crypto related, with a focus on mainly bitcoin. Very little coverage on altcoins.

How should I go about trading then? I don't want to scare anyone away but I'm definitely desperate.

The $1300 is the amount the class cost me out of pocket. Its a 3 credit course, so it was roughly $433/credit. The course is an option for my degree, and I've always wanted to learn more so I figured I'd take it! It's been worth it but this is causing me a major headache and a bunch of stress for sure.
?
Activity: -
Merit: -
October 18, 2024, 01:54:43 AM
#10
I used River to buy my BTC as it was recommended by my professor. Swan kept giving me errors and so did Strike. To my knowledge, my bank doesn't forbid it. Out of curiosity, what's a faucet? It wasn't discussed in class. Thank you for your reply! 
it’s basically a platform where you can receive small amounts of cryptocurrency for free, usually to test out transactions or for promotional purposes. They’re a good way to get a feel for how wallets and transactions work without risking real money. Back in the early days, faucets used to give out quite a bit of Bitcoin, but nowadays they typically offer very small amounts of various cryptos.

I haven't used faucets in years, but when i last used them, it would take a user hundreds of claims to gather enough sat's to actually request a payment... Has this changed? If not, the OP can't really use this method? Even if he found a big list of faucets that all use the same backend so their claims can be combined, he would be solving capthca's and find hidden links and battle popups for days before he has any amount he can withdraw to show his professor... There HAS to be a better way.

I tried the test bitcoin and it kept giving me an error and referred me to a (sketchy?) looking website for main coins and told me that it was only for testing when I inputted my wallet number.
legendary
Activity: 3584
Merit: 5248
https://merel.mobi => buy facemasks with BTC/LTC
October 18, 2024, 01:50:49 AM
#9
I used River to buy my BTC as it was recommended by my professor. Swan kept giving me errors and so did Strike. To my knowledge, my bank doesn't forbid it. Out of curiosity, what's a faucet? It wasn't discussed in class. Thank you for your reply! 
it’s basically a platform where you can receive small amounts of cryptocurrency for free, usually to test out transactions or for promotional purposes. They’re a good way to get a feel for how wallets and transactions work without risking real money. Back in the early days, faucets used to give out quite a bit of Bitcoin, but nowadays they typically offer very small amounts of various cryptos.

I haven't used faucets in years, but when i last used them, it would take a user hundreds of claims to gather enough sat's to actually request a payment... Has this changed? If not, the OP can't really use this method? Even if he found a big list of faucets that all use the same backend so their claims can be combined, he would be solving capthca's and find hidden links and battle popups for days before he has any amount he can withdraw to show his professor... There HAS to be a better way.
hero member
Activity: 2464
Merit: 594
October 18, 2024, 01:44:09 AM
#8
I used River to buy my BTC as it was recommended by my professor. Swan kept giving me errors and so did Strike. To my knowledge, my bank doesn't forbid it. Out of curiosity, what's a faucet? It wasn't discussed in class. Thank you for your reply! 
it’s basically a platform where you can receive small amounts of cryptocurrency for free, usually to test out transactions or for promotional purposes. They’re a good way to get a feel for how wallets and transactions work without risking real money. Back in the early days, faucets used to give out quite a bit of Bitcoin, but nowadays they typically offer very small amounts of various cryptos.
?
Activity: -
Merit: -
October 18, 2024, 01:37:00 AM
#7
My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.
Is there a chance that your collage required "TestNet" bitcoins instead?
Because it's weird that they're requiring their students to purchase or acquire real bitcoins for academic/testing purposes.

If it's actually bitcoins and it's real urgent:
You may form a group and purchase a slightly larger amount (e.g. $50, $5 each, 10students) from this forum's "Currency Exchange" board.
Or see if you can purchase $5 equivalent amount from them.

But make absolutely sure that the person you're dealing with has a valid positive Trust rating.
(check and click the "Trust" button below their profile name on each of their posts)

Link to Currency Exchange: https://bitcointalk.org/index.php?board=53.0


Yes, he did require BTC specifically. No altcoins are allowed. It's to demonstrate that we understand how to use a cold wallet and why they're so important, and to show that we know how to buy bitcoin for the future. I know the process and I understand it (it was actually very fun to learn about since I had 0 bitcoin/crypto knowledge before I took this class!) But my bank is causing the hold up.

Would most folks be unwilling to trade with me? How would I get $5 worth of bitcoin from another person and also give them $5? Like.. PayPal? (But doesn't that defeat the purpose of decentralization?) My apologies for all the questions. Thank you kindly for your response!
?
Activity: -
Merit: -
October 18, 2024, 01:30:29 AM
#6
Where did you buy your Bitcoin? Does your bank explicitly forbid making transactions with crypto businesses? I'm surprised if your bank triggered their KYC/AML process for $5. Since any amount is fine have you tried a faucet to get your Bitcoin?

I used River to buy my BTC as it was recommended by my professor. Swan kept giving me errors and so did Strike. To my knowledge, my bank doesn't forbid it. Out of curiosity, what's a faucet? It wasn't discussed in class. Thank you for your reply! 
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
October 18, 2024, 01:13:45 AM
#5
My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.
This is a hardware bitcoin wallet right? I wonder why students must have need to provide this? Also what is the subject of your class the needed of a hardware plus there should be a fund on it with a minimum of $5 btc. Sounds weird but it is.

Its quite hard to set a p2p in here due to your account is quite new and maybe no one wants to trade because kf that.

Also whats this $1300 you mean you spend?
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
October 18, 2024, 12:16:38 AM
#4
People might be hesitant to do a trade with a newbie account. You should also be cautious of people that might try to scam you because you are new to the forum. There are also several ways to buy Bitcoin with payment methods that don’t require authorization from your bank. You can buy Azte.co bitcoin vouchers with many different payment methods or you can sell a gift card on a P2P marketplace.
legendary
Activity: 2618
Merit: 6452
Self-proclaimed Genius
October 18, 2024, 12:15:48 AM
#3
My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.
Is there a chance that your collage required "TestNet" bitcoins instead?
Because it's weird that they're requiring their students to purchase or acquire real bitcoins for academic/testing purposes.

If it's actually bitcoins and it's real urgent:
You may form a group and purchase a slightly larger amount (e.g. $50, $5 each, 10students) from this forum's "Currency Exchange" board.
Or see if you can purchase $5 equivalent amount from them.

But make absolutely sure that the person you're dealing with has a valid positive Trust rating.
(check and click the "Trust" button below their profile name on each of their posts)

Link to Currency Exchange: https://bitcointalk.org/index.php?board=53.0
legendary
Activity: 2170
Merit: 1789
October 17, 2024, 11:26:05 PM
#2
Where did you buy your Bitcoin? Does your bank explicitly forbid making transactions with crypto businesses? I'm surprised if your bank triggered their KYC/AML process for $5. Since any amount is fine have you tried a faucet to get your Bitcoin?
?
Activity: -
Merit: -
October 17, 2024, 10:38:56 PM
#1
Hi all,

My college is requiring us to set up a blockstream jade & fund it and take a screenshot of the account. We need to have literally any amount of bitcoin in there. I "bought" $5 worth.

My problem occurs with my banking institution - they are putting a long hold on it (2 weeks) and the assignment is due within the next 6 days!

So - would you all assume I'm SOL? Is there a way I could pay an individual here to receive an equivalent amount of BTC in my wallet? This was an expensive class for me ($1300) and I'm terrified I'm going to get docked a letter grade because I wasn't aware my institution was going to put such a long hold.

Any advice you may have is welcome!
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