Bitcoin Forum

Other => Beginners & Help => Topic started by: memphisnola2010 on July 30, 2018, 11:22:10 PM



Title: What are Bitcoins worth
Post by: memphisnola2010 on July 30, 2018, 11:22:10 PM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?


Title: Re: What are Bitcoins worth
Post by: skeletica on July 30, 2018, 11:31:20 PM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
bitcoin has many uses, but the most common use I feel is investment and means of payment.

many sites offer you mined bitcoins for free, but I can not guarantee which sites I can trust.

turn it into cash currency? do you mean to be fiat currency? I think it's totally useless, then what is the blockchain system if it has to convert bitcoin into cash currency.


Title: Re: What are Bitcoins worth
Post by: iconternal on July 31, 2018, 12:05:11 AM
bitcoin has a very high value and will always increase in every year, and we can also exchange bitcoin into fiat currency.


Title: Re: What are Bitcoins worth
Post by: deafmaster on July 31, 2018, 12:06:03 AM
Bitcoin worth regarding in it's value is quite high. But it's uses has so many possibilities. That's why Bitcoin may be close as a currency, asset or money.


Title: Re: What are Bitcoins worth
Post by: yohananaomi on July 31, 2018, 12:14:38 AM
bitcoin is a highly valued digital currency and I use it as a long-term investment for big profits and bitcoin is very exchangeable for paper money.

actually if you have bitcoin then you will be made easier, as it has been said that with bitcoin we can do anything, investment or you exchange money with paper money for your needs? just as easy ...


Title: Re: What are Bitcoins worth
Post by: Whibu on July 31, 2018, 12:15:14 AM
we can mine anywhere as long as there is complete equipment, and you do not lose to have bitcoin, because bitcoin has the potential of a very good price.


Title: Re: What are Bitcoins worth
Post by: jimmydvd on July 31, 2018, 12:37:05 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
bitcoin digital currency and can be traded and search for many ways to get it then we can exchange it to cash money through coin trade which we can.


Title: Re: What are Bitcoins worth
Post by: Bervelukan on July 31, 2018, 01:01:48 AM
bitcoin has great value, and I use bitcoin as a trade and also as an investment, and bitcoin can be made into cash, and that's very exciting.


Title: Re: What are Bitcoins worth
Post by: nicster551 on July 31, 2018, 01:04:48 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?

Do your research first my friend, and yes, you are now starting to find out all about it here. But it would be more wiser to go to the internet and find it for yourself.


Title: Re: What are Bitcoins worth
Post by: kastara on July 31, 2018, 01:12:04 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
bitcoin value is a value that can be traded with other currencies then we can exchange it through cash money and how to get it in my opinion many ways to get it so it all depends on the person in getting the bitcoin.


Title: Re: What are Bitcoins worth
Post by: Andrea23 on July 31, 2018, 01:17:06 AM
Just do a quick google to find out what it's equivalent value is in your fiat currency (cash). Bitcoin is worth about 8k usd right now. You can use them for numerous things but it's limited because most places do not have the technology to accept and there is the legal issue with your government. And yes you can convert it to cash. There are bitcoin atms around.... speaking specifically for america though. So check your area out first. The atms have a fee to convert it to cash though so be aware.


Title: Re: What are Bitcoins worth
Post by: CanineDanny on July 31, 2018, 01:25:39 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?

Do your research first my friend, and yes, you are now starting to find out all about it here. But it would be more wiser to go to the internet and find it for yourself.

I couldn't agree more, there's a lot to be said about Bitcoin, so here's a starting point, if you like:
https://en.wikipedia.org/wiki/Bitcoin
But there are lots of pretty good books and documentaries about it. Familiarizing with them first might be a good idea. After that you will definitely have more questions to be asked here ;)
Join in! ;)


Title: Re: What are Bitcoins worth
Post by: Ciscopro2000 on July 31, 2018, 06:42:25 AM
Well Bitcoin is worth about $8k usd right now.  There are only be 21 millions btc total and probably 5-6 millions of those will be lost forever one way or another.  There will not even be enough Bitcoin for every millionaire in this world.  So it might be a good idea to get some now while you can.  You are already ahead of most people even if you only have one btc. 


Title: Re: What are Bitcoins worth
Post by: ahdie12 on July 31, 2018, 08:54:09 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?

I know that every effort to turn BTC into cash is only a matter of time if Bitcoin is accepted by every nation. No one is sure at the moment.


Title: Re: What are Bitcoins worth
Post by: Scott Freemann on August 01, 2018, 07:56:02 AM
Bitcoin can be used as an investment and a method of paying. If used as an investment, Bitcoin is much similar to stocks. If used as a method of paying, Bitcoin is a fast and cheap method in which you don't resort to another party known as banks to do the transactions.


Title: Re: What are Bitcoins worth
Post by: Justin Regoo on August 01, 2018, 08:00:29 AM
Bitcoin is virtual cash that is completely intangible and stored online. Similar to every regular currency, it can be used to buy things electronically, functioning in a comparable way to conventional denominations of dollars, euros, or yen, which are also traded digitally. Of course you can convert in into cash.


Title: Re: What are Bitcoins worth
Post by: Pamela Silvaa on August 01, 2018, 08:01:00 AM
Bitcoin is a cryptocurrency, a medium of exchange that is created and held on a digital payment network. As a medium of exchange, Bitcoin is used to buy goods and services in shops that accept payment in Bitcoin. Apart from a method of payment, Bitcoin is also an attractive investment. However, investing in Bitcoin is highly risky. You have to make sure you can afford the losses before you decide to speculate Bitcoin.


Title: Re: What are Bitcoins worth
Post by: Kathleen Gomess on August 01, 2018, 08:01:06 AM
Currently, Bitcoin is traded at around 8100$. Bicoin uses a form of digital signatures to take the process further and it's mined with a machine. It's a cryptocurrency which can be used for various purposes but two main purposes is to buy goods and services without the dependence on banks system and to make profits as an investment. You can certainly convert Bitcoin into cash.


Title: Re: What are Bitcoins worth
Post by: John_Jennings on August 02, 2018, 12:35:27 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
You can use bitcoin and other crypto-currencies as an investment or engage in trading. For me, the first option is preferable. I'm sure that blockchain is the technology of the future, and bitcoin will become the main currency of the world.
Through the Internet with the help of crypto currency you can buy goods, pay for services, travel the world, receive education and buy real estate.
Every day more and more large companies and start-ups, wholesalers and retailers take Bitcoin for payment.
Bitcoin as a payment system strengthens its position. The advantages and possibilities of the technology are appreciated not only by crypto community, but also by ordinary Internet users; large monopolies and entrepreneurs see it as an opportunity to expand their influence and increase profits.


Title: Re: What are Bitcoins worth
Post by: tommisetiyawan on August 02, 2018, 01:11:03 AM
Bitcoin is a digital currency, I use it as a long-term investment, bitcoin can be used as a payment tool or online transactions, bitcoin can be exchanged into fiat currency if you want, you can visit several sites or applications that you can exchange into fiat money your country, you can mine bitcoin anywhere if you have the equipment needed to mine, I use bitcoin because bitcoin is for me, you will get income if you are smart in managing it.


Title: Re: What are Bitcoins worth
Post by: Dudeperfect on August 02, 2018, 02:32:12 AM
Technically, Bitcoin is worth the amount that a buyer is willing to pay. If you no anyone willing to pay $10K for one bitcoin then the price of one bitcoin is considered as $10K. Now, as Bitcoin has some monetary value, you can use it anywhere against your purchase of goods and services wherever Bitcoin is accepted. Bitcoin mining is a serious professional business now and hence we should leave it for them who treat it in that way. You can always convert your Bitcoins into Fiat currency (real cash). I would recommend you spend some time in reading quality topics from the beginners and help section itself where you will find a solution to most of your queries as a newbie.


Title: Re: What are Bitcoins worth
Post by: Vilianms on August 02, 2018, 09:49:00 AM
The original meaning of Bitcoin is to replace cash, but it is used by commercial investors for commercial speculation, and its nature is changing! On the trading platform, you can convert bitcoin into cash!


Title: Re: What are Bitcoins worth
Post by: Heleacce on August 02, 2018, 10:14:31 AM
Bitcoin is a great goldlike store of value. Transactions made with bitcoin are quite anonymous and bitcoin is a trademark of the whole cryptocurrency spectrum.


Title: Re: What are Bitcoins worth
Post by: BrookeClarke on August 02, 2018, 10:16:48 AM
Bitcoin can be used to cover expenses in developing countries. But they have not yet become commonplace in underdeveloped countries compared to some of the larger ones.
We can earn bits by digging them through diggers.
We can change from Bitcoin through cash through Wagecan debit card and withdraw from the card. good luck


Title: Re: What are Bitcoins worth
Post by: neo444 on August 02, 2018, 10:34:48 AM
Now the price of bitcoin in the market is 7569$ and he is able to change every second you can use bitcoin for investing trading buying and mining and to mine them you gonna choose a safe mining site like https://www.genesis-mining.com/ and if you want to turn them into cash visit bestchange.com and find in it an exchange from bitcoin to cash


Title: Re: What are Bitcoins worth
Post by: jdiieue123 on August 02, 2018, 11:27:10 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? ...

I just found out about bitcoin, I think I should learn to start using it. Assuming I have a lot of bitcoin, I'll take the profits, pay for life or travel issues. Will be very interesting.


Title: Re: What are Bitcoins worth
Post by: AzatFinrazor on August 02, 2018, 05:05:04 PM
  • Visit this page for the current average price of a bitcoin: https://coinmarketcap.com/currencies/bitcoin/
  • You can use bitcoins to buy good and services online: vpn services, gift cards, plane tickets, pizza and so much. Visit this page for more info: https://finrazor.com/news/what-to-buy-with-cryptocurrency
  • You can mine them at home by installing free software. You will need good hardware though.
  • You can buy and sell bitcoins for regular money (dollars) at exchanges that support fiat: coinbase, bitfinex, okex.


Title: Re: What are Bitcoins worth
Post by: jak3 on August 02, 2018, 07:20:24 PM
Hello mate welcome to the Bitcoin system, I am a user for like 5 years or maybe more. Yes, you can definitely convert your Bitcoins into your local currency like I convert them in India. Bitcoin is decentralized so no one is the owner or no one is controlling it.. currently Bitcoin is worth around $8000. and they work just like real money you have to earn them by doing some work or by providing some service and you can buy anything you like pizza or dresses.


Title: Re: What are Bitcoins worth
Post by: liemfrans on August 02, 2018, 07:26:35 PM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
Bitcoin is a digital currency created in 2009. It's decentralized, it means there's no government, institution (like a bank) or other authority that controls it.
It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies.
Yes, you can turn bitcoin into cash with exchanger.


Title: Re: What are Bitcoins worth
Post by: robinsquad on August 02, 2018, 07:55:53 PM
Bitcoin's high worth rests on a lot many factors including its ability to enable faster and more efficient and secure funds transfers compared to fiat currencies. Since it is based on the blockchain technology there is also the transparency element attached to it which makes people demand more of it thus pumping up its value


Title: Re: What are Bitcoins worth
Post by: Togacity on August 03, 2018, 01:16:21 AM
Bitcoin is priceless so the worth isn't fix based on how it's distributed and used. :)


Title: Re: What are Bitcoins worth
Post by: ddd4367a on August 03, 2018, 06:52:39 AM
Bitcoin is the most well-known and well-known codepage in the virtual currency market. Bitcoin transactions are made directly between the sender and the recipient without intermediaries, saving you a great deal of money. And Bitcoin can be converted into cash.


Title: Re: What are Bitcoins worth
Post by: bagaiskwpps212 on August 03, 2018, 06:56:26 AM
People use electronic technology, virtual money machines. A dedicated machine and software. I learned that it is estimated that there are 21 billion Bitcoins and it is estimated that by 2040 the number of Bitcoins will be dug. So what do you think?


Title: Re: What are Bitcoins worth
Post by: dhwuy32koo11 on August 03, 2018, 07:10:20 AM
Basically, the "digging" Bitcoins is a process of emulation of the "digger" (computer) to find the answer, answer to solve a problem is very difficult. The difficulty of this problem is automatically corrected so that on average every 10 minutes there will be a digger (or group of composers) scattered all over the world solving a problem that will return a number Bitcoin content. Bitcoin will be split 100 million times and this smallest unit is called Satoshi. This is the information you can learn in many channels.


Title: Re: What are Bitcoins worth
Post by: iwuwi12ueiei212 on August 03, 2018, 08:03:38 AM
The value of Bitcoin can be converted into cash if you sell it at the market level. Can sell with high profit returns or low prices and accept capital losses. You can dig up Bitcoin from virtual money machines but it's really hard and requires a lot of modern mining tools.


Title: Re: What are Bitcoins worth
Post by: BrookeqeBennett on August 03, 2018, 09:06:49 AM
You can use Bitcoin to trade faster than cash, but currently Bitcoin is currently only available in developing countries. Digging Bitcoin is done by an application installed on the computer so anyone can participate in the Bitcoin Digging System. You can exchange money from Bitcoin to your bank card and withdraw money from it


Title: Re: What are Bitcoins worth
Post by: jsecoinfan on August 27, 2018, 08:36:42 PM
I will be cost nothing soon))


Title: Re: What are Bitcoins worth
Post by: jsecoinfan on August 27, 2018, 08:44:56 PM
I think that bitcoin will be all or nothing and soon we will find this out.


Title: Re: What are Bitcoins worth
Post by: deadthings on August 28, 2018, 04:02:54 AM
So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?

Bitcoin is huge coin which have many applications and possibilities. In my opinion you can do everything with bitcoin.

You can turn it to cash without any problem, the only thing which you must do is be careful because thieves are everywhere.
To mine you need good pc which huge power but more informations about it you will find in mine section.

Bitcoin is the most profitable coin so it is worth to buy, but it is the most expensive coin so you need a lot of money for bigger investmet


Title: Re: What are Bitcoins worth
Post by: artistus84 on August 28, 2018, 07:55:09 AM
Bitcoin is a cryptocurrency. Bitcoin can be mined or participate in various drops and exchanged for bitcoin. You can also increase trading on crypto exchanges. On the more of exchanges there are currency pairs bitcoin\Fiat. It is possible to exchange and withdraw cash.


Title: Re: What are Bitcoins worth
Post by: Alforendo on August 29, 2018, 06:15:41 PM
To mine bitcoins you should buy professional equipment and find pool in the internet. You can exchange your bitcoins on binance.