I'm not the skeptical type as some people will describe themselves. After witnessing the success story of a friend who invested in Bitcoin and had been able to put up his own house and established a wholesale shop for electronics, i decided to enter the Bitcoin. It wasn't easy because i had to learn whole lot of stuffs as to how the market moves and its implications. Fortunately enough, I made $1000 as my first profit and that kept me motivated strongly till then.
The reason I am involved with Cryptocurrency, the first thing that I believe that Cryptocurrency will bring a positive impact and will build the economy of a country, even all people will get a positive value, from here everyone can make money so great and very good, so this is the reason everyone or I was involved in Cryptocurrency, ...
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Sometimes it is not just bitcoin and even many things that some people do not know, for example about the use of Blcokchain of course many do not know, whether at the time of deposit or withdrawal, how to make it is not easy, often they forget to save 12 words for the restoration of Blockchain wallet, they can access anywhere if they have 12 words ..
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As recently government are banning bitcoin in some countries. Do you think can government distroy bitcoin?
BItcoin is an invisible material, so it is very difficult for the government to destroy or attempt to destroy it, because I know that bitcoin has the power of all investors who always give the power to bitcoin, and it is impossible for the government to destroy bitcoin, instead it will turn around bitcoin will destroy the government ...
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Bitcoin mining is based on very high energy costs and environmental costs.
One bitcoin =20 barrels of oil.
How many barrels of oil do you think the industry consumes every year?
10 barrels? 50 barrel?
Each year, the mining industry consumes more than 24 terawatts of energy, the equivalent of 13,239,916 barrels of oil.
Every 10 minutes, 12.5 bitcoins are dug up, meaning 20 barrels of crude oil have been reached since each bitcoin was dug up (not yet traded).
In other words, the amount of energy consumed by the global bitcoin mining campaign is 40 times greater than the amount of energy needed to support the Visa card network.
One bitcoin transaction = one American family USES electricity a week.
According to encrypt the currency analyst Alex DE Vries estimate an index, the currency trading energy consumed each year more than 24 tw, this is equivalent to total energy consumed each year in Nigeria, which has a population of 186 million.
Currently, about 300,000 bitcoins are traded each day. Each bitcoin transaction costs 215 kilowatt-hours of energy.
The average American household USES about 901 kilowatt-hours of electricity a month, which means that each bitcoin exchange consumes enough energy to make an American family comfortable for a week.
What do you think about the energy consumption of bitcoin?
I don't see any bad here unless it will use to illegal things. Yes it might consumed high energy but not all mining do that. You should not just throw what you believe rather search about something about bitcoin on how it gave people an extra income. Until now, bitcoin is still the best and probably has a lot of bitcoin enthusiasts, so if it is bitcoin will destroy the world why bitcoin is still there today, because I know that bitcoin has been much help from all circles whether it is not capable as well as classmates enliven the bitcoin, so there is no reason for anyone to ask if the bitcoin will spoil the world, the only one answer is not true.
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Is there an excellent trading place for ZIG tokens, and it's been a long time from the time of distribution of funds to each participant of the prize, at least the team can provide a better trade place or worthy to start trading ...
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The thing that everyone is afraid of, if every user is asked to pay taxes that may be very large, of course this is what everyone will be afraid of, and surely everyone will not be willing if every user will be asked to pay income tax in can be from income looking bitcoin.
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This is the moment that everyone is waiting for, that everyone believes that bitcoin will be profitable in the future, not just a mere nonsense, and I strongly believe that bitcoin will continue to grow even better than the year before.
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Hello .. campaign manager, I have joined the signature campaign, hopefully this project will run well and success ..
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I want to change my old wallet address with a new wallet address, I beg the campaign manager can change it, and I participate in the signature campaign .. Spreadsheet ID: # 97
BTT user name: Dewi08Old wallet address: 19qq4SnR2hWoDSg6UY9hzpJ6y1FzPfFxux
New wallet address: AW4Pn8Cm1QUXjuXujF7nKAVETuuFpa5Nhx
Thank you
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What is your favorite source of information about cryptocurrency news and about coins themselves? Do you go to Reddit or read medium articles? How do you filter and get ones that appeal to your investing interests? I find everyone has different ways of learning about crypto and I'd love for people to share with me their own.
I prefer to read news about the crypto world on the Reddit site, where we can get actual and trusted news, even though everyone is very often looking for information about the currency ..
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What might be the reason for the bitcoin price dropping from $ 20,000 to the present price? What do you think about?
What I think is a good thing from bitcoin, there's going to be an increase in prices to take everyone's moments to buy when bitcoin goes down, and sure everyone will get double folds with their purchase when bitcoin prices are so cheap, so why do today's bitcoin price welds drop drastically , to take the square off so bitcoin can go up in an instant ...
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Of course I will donate my bitcoin results for good, in order to help people less fortunate, and certainly if we do good to others then our livelihood will flow like water ..
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Precisely this is good news for all of us, that fast-food people have received bitcoin payouts, although it's still very small that the restaurant receives bitcoin, but this can be a good thing for the future ...
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why all coins are going down..? can i sale it or hold.
All the options are in your own hands, if everyone gives you feedback, there must be lots of different inputs, which makes it hard to choose good input for your decision ...
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How can we be expected to invest in this stupidity? Here is a guy trying to give Andreas a tip of $1.50. To do that, he paid $13.46 in fees. Does that seem like a sensible payment system? Not. It is garbage. SegWit didn't help with anything. Did you sell all your BTC before the ride to the moon? If someone who has a very good mind may be someone will sell half of their bitcoin income, until bitcoin rose to the moon ..
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Guys what will happen if you accidentally lost the copy of your private key?..it's still possible to transfer your tokens to your other wallet using your wallet address..?? Does anyone know?..thanks in advance
Until now there is no way to solve the problem it, alngkah good if you save your private kay on your PC or phone that you can use when you need it ...
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I wanted to ask this question and now I don't.Because I opened CoinMarketCap right now and found I had missed the best chance to get it. It's getting growing now and at a price of $11,075.80. Rush to buy!
For now, nothing is too late, that everyone can reach it even though the price has touched 11k, it does not mean you will not feel what you want to feel !!
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What I want to meet from my income from bitcoin is that I want to buy something that can be invested in the long term and useful for the future, for example: home, vehicle, business...
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