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Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change’

Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change'

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Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change’

Reddit has reportedly removed the option for users to pay for their premium membership program, Reddit Gold, in Bitcoin (BTC) citing an “upcoming Coinbase change”, according to a Reddit post in subreddit /r/btc published March 23.

Reddit user BitcoinXio posted a video of the steps to give another user Reddit Gold, showing that the only payment options are PayPal and credit card.

Reddit user emoney40, a moderator of several subreddits but not /r/btc, commented that the change is due to the Coinbase Commerce change:

“The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option.”

Coinbase posted on its Medium page in early March 2018 about retiring Coinbase Merchant Tools in place of Coinbase Commerce, which they acknowledged “may be disruptive to Coinbase Merchant Tool customers.” As of April 30, merchants that used Coinbase Merchant Tools will no longer have access to that product, with May 31 as the final date for the required switch to Coinbase Commerce.

User emoney40 also said that adding BTC back as a payment option is not a guarantee:

“We're going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to reenable.”

Some Reddit users on the thread commented that they were not using BTC to pay for Reddit Gold anyway, due to the high transaction fees. However, in February BTC transaction fees dipped below the price of Bitcoin Cash (BCH) fees, which had been one of the main talking points of BTC’s competitors.

 

Author Molly Jane Zuckerman

 

Posted by David Ogden Entrepreneur

Alan Zibluk – Markethive Founding Member

Get at least 10,000 Pageviews and High PR dofollow backlink from Reddit

Get at least 10,000 Pageviews and High PR dofollow backlink from Reddit

 

Do you know Reddit is one of the largest and most diverse online community. Reddit is filled with millions of people who have separated themselves into various subreddits based on their interest. As I know there is a subreddit that applies to apply to every kind of business. Now a days most social media marketing is a grind. With Facebook, you always have to spend some bucks to get likes, and this likes are of no value as Facebook is killing organic reach of business pages.

It’s very tough for a small business, blog, marketer to Log on to Facebook, Twitter and drive 10,000+ page views a month from beginning until you have huge cash to spend.

What is Reddit, and Why should you use it ?

Reddit is very different among all other social media, it is quite simple. Reddit is a platform where people share interesting things they find on internet. When something is submitted it will get  “Upvoted” or “Downvoted” As any submission get some upvotes, it will be over the “Hot” Page.

It depends on number of upvotes you get, whether your submission will go to the Hot page of subreddit or across the Hot page of whole site.

NB : In short more upvotes your submission get, more visibility it gets.

Difference between Reddit and other social platforms, is with very few submissions you get insane traffic, immediate access to users. Suppose you have a post and you think it will go viral, when you shared that post on Facebook only few people your friends, fans will have access at first or You can buy ads on Facebook and still a fraction amount of people will have access to it for whom you will pay.

No one else is going to have access to it until, your post get likes, comments and shares. Sames goes with twitter, when you tweet something it will be visible to your followers and out of them only few will see it.

Reddit is different anyone can submit anything from anywhere. There are some rules and regulations which are there but are not applicable until you post something stupid. Every post have to be submitted in subreddits (Sub-Communities), and the front page of reddit gathers the best post among the whole submission from the most popular subreddits. So it means, whenever you post something, you have immediate access to all the users of subreddits, although you need upvotes to have more visibility. This is the reason I say “Reddit is the Best Viral Engine in existence”.

Chuck Reynolds
Contributor

Get at least 10,000 Pageviews and High PR dofollow backlink from Reddit

 

Do you know Reddit is one of the largest and most diverse online community. Reddit is filled with millions of people who have separated themselves into various subreddits based on their interest. As I know there is a subreddit that applies to apply to every kind of business. Now a days most social media marketing is a grind. With Facebook, you always have to spend some bucks to get likes, and this likes are of no value as Facebook is killing organic reach of business pages.

It’s very tough for a small business, blog, marketer to Log on to Facebook, Twitter and drive 10,000+ page views a month from beginning until you have huge cash to spend.

What is Reddit, and Why should you use it ?

Reddit is very different among all other social media, it is quite simple. Reddit is a platform where people share interesting things they find on internet. When something is submitted it will get  “Upvoted” or “Downvoted” As any submission get some upvotes, it will be over the “Hot” Page.

It depends on number of upvotes you get, whether your submission will go to the Hot page of subreddit or across the Hot page of whole site.

NB : In short more upvotes your submission get, more visibility it gets.

Difference between Reddit and other social platforms, is with very few submissions you get insane traffic, immediate access to users. Suppose you have a post and you think it will go viral, when you shared that post on Facebook only few people your friends, fans will have access at first or You can buy ads on Facebook and still a fraction amount of people will have access to it for whom you will pay.

No one else is going to have access to it until, your post get likes, comments and shares. Sames goes with twitter, when you tweet something it will be visible to your followers and out of them only few will see it.

Reddit is different anyone can submit anything from anywhere. There are some rules and regulations which are there but are not applicable until you post something stupid. Every post have to be submitted in subreddits (Sub-Communities), and the front page of reddit gathers the best post among the whole submission from the most popular subreddits. So it means, whenever you post something, you have immediate access to all the users of subreddits, although you need upvotes to have more visibility. This is the reason I say “Reddit is the Best Viral Engine in existence”.

Chuck Reynolds
Contributor

Get at least 10,000 Pageviews and High PR dofollow backlink from Reddit

 

Do you know Reddit is one of the largest and most diverse online community. Reddit is filled with millions of people who have separated themselves into various subreddits based on their interest. As I know there is a subreddit that applies to apply to every kind of business. Now a days most social media marketing is a grind. With Facebook, you always have to spend some bucks to get likes, and this likes are of no value as Facebook is killing organic reach of business pages.

It’s very tough for a small business, blog, marketer to Log on to Facebook, Twitter and drive 10,000+ page views a month from beginning until you have huge cash to spend.

What is Reddit, and Why should you use it ?

Reddit is very different among all other social media, it is quite simple. Reddit is a platform where people share interesting things they find on internet. When something is submitted it will get  “Upvoted” or “Downvoted” As any submission get some upvotes, it will be over the “Hot” Page.

It depends on number of upvotes you get, whether your submission will go to the Hot page of subreddit or across the Hot page of whole site.

NB : In short more upvotes your submission get, more visibility it gets.

Difference between Reddit and other social platforms, is with very few submissions you get insane traffic, immediate access to users. Suppose you have a post and you think it will go viral, when you shared that post on Facebook only few people your friends, fans will have access at first or You can buy ads on Facebook and still a fraction amount of people will have access to it for whom you will pay.

No one else is going to have access to it until, your post get likes, comments and shares. Sames goes with twitter, when you tweet something it will be visible to your followers and out of them only few will see it.

Reddit is different anyone can submit anything from anywhere. There are some rules and regulations which are there but are not applicable until you post something stupid. Every post have to be submitted in subreddits (Sub-Communities), and the front page of reddit gathers the best post among the whole submission from the most popular subreddits. So it means, whenever you post something, you have immediate access to all the users of subreddits, although you need upvotes to have more visibility. This is the reason I say “Reddit is the Best Viral Engine in existence”.

Chuck Reynolds
Contributor

Alan Zibluk – Markethive Founding Member

Attract Crazy Referal Traffic from Reddit to your blog

Attract Crazy Referal Traffic from Reddit to your blog

Are you Getting Traffic from Reddit to your Blog? If yes then which way are you using; Black hat or White hat? If you are not using Reddit to drive traffic to your blog then read on  as I am sure that at the end you will be able to drive traffic from Reddit to your blog. Here I am sharing both Black hat and White hat methods to drive traffic from Reddit that you will use to get traffic. Everyone can get traffic from Reddit if they know the methodsa, process amd techniques  If you do not know the methods, then you can not get traffic from reddit at any cost.

Using White Hat Method

For white hat method mainly you have to get some ‘karma‘ to get your posts to reach most people in Reddit and hence you will get most exposure to your blog. It is not as easy as it looks. You will have to work hard to get karma but once you are able to get it then you can drive awesome amount of traffic and perhaps traffic will convert into Regular Readers if your blog has Quality posts.

How to Increase karma. Karma is calculated by the number of upvotes you get on your link. To get more upvotes upload something funny like a funny pic or upload something Controversial or Trending. This can increase your karma in a short span of Time. Join this group on facebook to team up getting up votes – RedditHive

After Increasing your karma you can share your blog post’s link under suitable subreddit and get some exposure to your post.

This is How you can get traffic using white hat method. Not let’s roll on to the Black Hat Method

Using Black Hat Method

Meanwhile i tell people the white hat method everyone is asking me about the Black hat method, as they are interested more in Black hat(Which is awesome and not much time consuming :) ) So here is the trick.

Firstly you have find some subreddits which are most used  like WTF and Funny Sub reddit and change one of the word in your post title and post it in reddit. After posting gather some upvotes from your friends. You can also put your link in this Facebook group and ask for some upvotes(But you also have to be active in the group) – RedditHive . Just Post your link in this group and other bloggers will surely upvote your reddit and you will get decent amount of traffic.

Note : Don’t share too often or too much in a day otherwise your IP will be blocked and then you will not be able to drive traffic from Reddit

Note:  Changing 1 word means, if you have written a post about Top 10 Unknown facts about Technology. Then you can write it as Top 10 WTF facts about technology and post it under WTF Subreddit . It will bring decent traffic and you will be busy making screenshots of your real time visitors!

That’s it! If you want to join us in our wicked Inbound Marketing Platform, it is called Markethive

Thomas Prendergast
Contributor

 

Alan Zibluk – Markethive Founding Member