How can I make minimum of 0.3btc in a month without trading and gambling? As I've heard bad experience with both, but still need to make money
You can try bitcoin mining, this is an activity where we can make bitcoin by ourselves ,, we do not need to predict price movement we only need to set the mine computer only the first time, the rest you just wait for the mine results. Very unlikely for OP to profit from mining without the proper hardware though, without good hardware best case scenario would be that OP would break even between profit and costs. I don't think OP currently can afford good mining hardware due to him/her sounding a bit desperate to make that .3 BTC. Again, I would suggest that OP should get a job instead, rather than probably doing something like faucets or something.
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Nope. You'll barely make anything and probably even end up with negative profit because of the electricity you have to pay. I suggest doing work on your pc instead. Probably writing, programming, eCommerce, SEO, all those stuff. Depending on what marketable skills you have.
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Either go get a job and use your wages to buy bitcoin, or look for gigs online on some website like upwork or fiverr with whatever skills you currently have, and use the wages again to buy bitcoin. You can't make bitcoin appear out of nowhere.
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Correct me if I'm wrong, but I'm going to assume when you said BCC you meant bitcoincash(BCH).
Don't worry your BTC didn't magically turn into BitcoinCash. If you had bitcoins at the day of the fork, then your bitcoin balance should be the same as your bitcoincash balance. Bitcoincash is sort of a duplicate or copy of bitcoin that's why you're seeing the same balance. You pretty much have 2 separate wallets, one for BTC one for BCC/BCH.
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
I would say that the time to buy some altcoins is here I assume that the price of Btc will go down after the hard fork what means the prices of altcoins will go up Not because if ever btc crashes it doesn't mean altcoin's price will go up, but it can be possible if people move their bitcoins to altcoins after the fork. Not to mention most altcoin's prices usually goes up and down together with bitcoin's price. No one really knows for now. Your guess is just as good as mine.
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Great idea to gamble it all on btc when it's reaching all time high's I hope it works out for him though. Read the article. He didn't get in at an all time high. He got in at a reasonable price, at around $4100. "His property has been sold to a cryptocurrency trader under reservation and fetched him 85 bitcoins which equals a whopping €300,000 or £269,000." €300,000 = $354,639
354,639 / 85 = $4172 per bitcoin
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- Make sure your question or the opinion your asking for actually makes sense, and isn't redundant(asking the same question that has been already asked for a thousand times here in bitcointalk)
- details. Be specific and very detailed on what you need help with and or the opinions you need
- if you're asking for help with a specific problem, state in your topic what solutions you have already tried
- If english isn't your first language, at least try your very best to be fluent
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What he did was completely and utterly stupid. Even possibly dragging his family down and significantly risking their future with him if things went completely south. He took a huge risk and won as he was lucky; a lucky idiot, that is. Congratulations to him though, I just hope he doesn't pull off a similar idiotic move in the future.
Do I think he will be a rich man in the future? Definitely not if he continues to take these huge gambles.
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ICO's are booming and it looks like it never ends. But what if all ideas are gone and the amount of new coins which use/ need ETH are decreasing. Would this have much effect on the price?
Currently ICOs are definitely the #1 reason on why ETH is being used, besides using it for trading. The thing is, as long as people are willing to offer up ETH to ICOs, then I don't think ICOs are going anywhere. They're making good money even without a working product. But yea, if ICOs were to stop, ETH will definitely go lower in price, unless there's some huge ETH update that makes it very useful or something along those lines.
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1. Did you hold your BTC on exchange on August 1st? Nope. Because leaving funds on exchanges are really unsafe. Also, whether or not there's an upcoming fork or not, it's always best to leave your funds on your own wallet.
2. Are you going to hold on exchange during Bitcoin Gold fork and during SegWit2x fork? Nope. Why? Same answer as my first answer. Also, it takes time for exchanges to give you access to your forked coins. Sometimes they don't even give you access, depending on the exchange.
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What are your plans for/ after 25 Oct? Dumps are expected. Is it an idea to sell before this date and buy back later?
Why would a dump be expected? A good number of people might sell their bitcoin to convert them back to altcoins, but I wouldn't call it a "dump". Also take into consideration that people will most likely sell their bitcoin gold asap for more bitcoin(BTC). So I think things will balance out. We might get a small dip, but it wouldn't be too significant in my opinion.
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Yes, you can use Coinomi and Jaxx wallet for that thing, though I highly advise you to use the former since Jaxx was notoriously known for its vulnerabilities back in June (though the issue has since been fixed). Alternatively, you can keep your coins in an exchange for faster relay of coins in between wallets, but it's best to not go that route since you don't control the privkeys in those
EDIT: added a sentence. Accidentally hit the sent button with an incomplete post.
And do you think that having the same wallet for both cryptocurrencies is safe? Just make sure you don't save your private keys in a text file or something. Always keep your private keys non-digital. I suggest using Exodus wallet: http://www.exodus.ioAlso, take note that when using wallet apps like exodus, your wallets are still separate. The only difference is that both your ETH and BTC wallets are only in one Application.
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1) "Just by memorizing some jumbled numbers and letters or a simple passphrase you can potentially carry large sums of money in your head! You can get on a plane and fly all the way across the world and you can buy whatever you want instantly." I'm pretty sure this wouldn't make a person interested. "just by memorizing some jumbled numbers and letters". Nope. 2) "Bitcoin is basically electronic gold. Its amount is limited in supply, but also a lot lighter to carry than traditional gold." I would prefer electronic money instead. 3) "Bitcoin is the future." Too vague. People call a lot of newer technologies "the future". I wouldn't use it, as it also sounds like someones trying to sell something. 4) "Long ago people said the internet was just a fad. People are saying the same thing about Bitcoin." Decent. I suggest also stating to the person that bitcoin is still in it's early stages, therefore not very user friendly at all, just like how the internet was in the past, whereas everything was basically command line. Did people actually call the internet a "fad" in the past though? Sorry, millennial here. 5) "A word document is like a webpage in the same way that money is to Bitcoin. It is universal. Someone can steal your computer and claim the word document as theirs. It is a lot harder for someone to steal a webpage when it is on the internet for everyone to see." Good point, but remember that bitcoin is easily stolen from people who are not tech-savvy and pretty much don't give a shit about security. Like people who save their private keys on like a Word document or a .txt file.
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I don't think faster than 1-minute price updates wouldn't be a good idea, that's why you don't see exchanges having faster than 1 minute price updates. That would make your browser use so much resources to the point that your browser would most likely freeze because of your computer running out of available RAM, especially if you don't have a high end device.
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Don't get involved with anything starting with a lower case 'e' - eDASH/eBTC/eDOGE etc etc..
Just start reading and learning - mine some coins if you can and learn how to set up mining software to do this. Or buy some really cheap coins on an exchange like Bittrex for example - you buy bitcoin 1st then exchange what you have for some altcoins and this allows you to build a portfolio.
This is very basic but gets your hands dirty if your indeed a noob.
Best of luck.
What about.. eTHEREUM? *badum tss*Jokes aside, just to add to what midvoc said, OP make sure that you're getting the right mining software at the right place. Don't just Google something like "fast and easy bitcoin mining program" or something along those lines as you may end up clicking a scammy Google advertisement. Also, don't expect to make much with mining especially if you don't have ASIC miners. Go mine for a while just to have a grasp on how transactions or mining in general works.
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I mean, it can definitely go back down, but the drop wouldn't be too dramatic. A price dip would probably best describe it. Probably like $5600 down to something like $4800 or something along those lines. That's like $500-800 down in price, but I think if it were to go down, I'd expect it to go back to a bull run in no time, as I think were not going to see any FUD for a while. Still hoping for 5 digits price on this December. *fingers crossed*Hey guys,
So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)
So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.
Anyone else been thinking this?
Yes i think so, the recent high price of bitcoin is because of the upcoming hard fork. Many people are buying bitcoin today to receive the same exact amount of Bitcoin Gold. After fork for sure they will sell bitcoins together with the bitcoin gold they get. Easy money! But what if instead, people sold the bitcoin gold to buy more bitcoin though?
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It won't go anywhere unless the miner count goes to zero (very very unlikely), or an electromagnetic pulse(EMP) happens, damaging most if not all electronics along with internet connections. I honestly don't know much about it but I think it's very unlikely. I really think that bitcoin is the future, cryptocurrency will eventually replace the money as we know today.
Probably true, but that doesn't answer OP's question. In my opinion it will be exist at least 6-10+ years 6-10+ years only? Why do you think that?
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If you bought it in the first place, it's because you're probably confident in it due to it being a good project(unless you bought because some people told you to) and you probably think it would go up in the future. So what's the problem? Seriously. People in the crypto-space always expects to be overnight millionaires. This is an investment. It is going to take time.
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What will happen if you die without anyone having access to your private keys? Your bitcoin will be lost forever.
Personally, I have one brother and one sister. So just so the funds would go to a family member when I die, I'd probably give the first half of my wallet seed to my brother, and the second half of my wallet seed to my sister. The only issue with this is you definitely need to trust them to not steal you bitcoin while you're still alive.
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Best way to invest? Simply just buy bitcoins right now, then simply hold it and keep it very safe. Go for the long haul. If everything goes right, theoretically bitcoin should just continue to go higher and higher. Sure, there will be dips and drops, but after every drop in price the lowest price point rises as well. So yeah, but BTC, forget about it for years, then comeback and look at the gains.
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