You can "invest" in bitcoin simply by buying some. If you're the risky type you could do so with leverage, some platforms offer ridiculously large leverage for BTC pairs, but this comes closer to gambling provided how risky investing in BTC is on its own.
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ANXPRO has HKD trading pairs. Is that what you're looking for?
Normally you'd be able to deposit funds to most exchanges that accept bank deposits. You could ask your local banks to see which one offers good FIAT exchange rates for transfers.
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Hello there. As many of you might know, bitcoin transaction fees are going through the roof and with them so do transaction confirmation times. This is especially inconvenient at times that the price is at all time high levels.
What would be a convenient way to "store"* bitcoin using the technology of an altcoin, especially in order to achieve lower fees and faster confirmations. Can Ripple/Bitshares offer such a thing? How? Other alternatives?
By store I mean being able to withdraw the amount of BTC held at any time, but not necessarily holding the coins under a private key of your own.
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I really can't think of any card that'd fulfill all those requirements. Perhaps you should contact providers individually because only them ought to know better.
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Is there any way to make payouts to a different currency? I think that'd be easier to allow users to cashout in ETH for example due to faster transactions and smaller fees.
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I got an ETH transaction in my account out of the blue marked as Consolidation in the TX type field. It was no negligible sum and I have no idea what it was or where it came from. I don't remember mining those coins (could be weak memory) but the transaction came in on 2017-05-01 and I hadn't mined on coinmine for a long long time.
Hi - I am consolidating all Credit transactions to keep DB clean and fast. This happens every month I had no idea, interesting. Thank you for being such a great and honest admin with your pool.
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I got an ETH transaction in my account out of the blue marked as Consolidation in the TX type field. It was no negligible sum and I have no idea what it was or where it came from. I don't remember mining those coins (could be weak memory) but the transaction came in on 2017-05-01 and I hadn't mined on coinmine for a long long time.
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How was development funded up to this point? Who else other than paying users is going to receive coins if there's going to be an ICO?
Dan self-funded most of it personally as he was quite well-off from his previous successful business ventures prior to becoming interested in the crypto space. However, there are a solid core group of dedicated members, myself included, that have personally funded the project over the past several years. Note: there is not, and never will be (and is technically impossible) a premine. With a variable supply system a pre-mine is meaningless and not relevant. Admirable and interesting. The concept of eMunie sounded interesting to me from the beginning. With all the new developments it seems as though I have some reading to do though. Good luck and hoping for a great launch.
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How was development funded up to this point? Who else other than paying users is going to receive coins if there's going to be an ICO?
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I never knew Coinbase had a London office, they sure don't advetise such a thing. Perhaps it's a virtual one for legal and tax purposes.
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What do you think about the Monaco card?
Personally, I'd stay away from the ICO. Their marketing goes on an on with buzzwords and unrealistic promises for what is essentially a product that's been widely available for years now. I can't think why ICO founding would be needed for a debit card that could actually get issued by a company with minimal investment. It's sad that the ethereum hype lead to such a project getting millions in funding because other that catchy designs there's nothing innovative to be seen here IMO, and even if there's potential we've still not seen any evidence for it. Also, with a reward system that sound like a ponzi scheme, this might be the most sketchy crypto debit card I've seen.
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Interesting, archive.org reveals that this service was really accepting bitcoin back from 2015. Not sure if they're the first one too but interesting nevertheless.
What kept you from this forum for so long?
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Freebitco.in uses addresses that you don't have full access to. They could very well be re-using addresses for other user transactions to for mixing purposes of whatever reason like having computer resources. Don't pay too much attention on the balance of addresses shown in the blockchain, logistics are done off chain often to save resources and money.
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What are the buy rates you can do and what kind of cards are you interested in? I'd suggest to ask for receit/picture of physical card if you'd like to get legit cards. But that'd obviously be more expensive than the illegally obtained and sketchy ones that usually go for cheap around bitcoin forums.
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Mining is CPU and GPU intensive even if you're mining with GPUs. If you'd want to utilize it's full potential as a mining machine you'd have to free up the PC and not multitast with anything intensive (preferably nothing at all) while it mines.
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I do believe that bitcoin has the potential to reduce unemployment. The fact that BTC and other cryptos make overseas payments easy is great for talented people that live in countries with developing or declining economies. It's the best thing a freelancer could wish for. With bitcoin it's ridiculously easy to work for and get paid for clients abroad and payments tend to be better as well if your country isn't doing that well.
If you have a freelancer friend do let them know about bitcoin and how they can get paid in cryptocurrency.
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Sounds more like a HYIP at best or an outright scam at worst. I don't think that anyone who claims to be offering "gabling with insurance" is to be trusted with anyone's money, perhaps OP is a bought account.
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Why don't you just use a bitcoin visa card instead of going with a bank
Bitcoin debit cards can be quite costly, for several reasons. They're not free most of the time, some have monthly recurring fees, BTC/FIAT rates are sometimes purposefully skewed at the cost of the user ( see my post about how Wirex/E-Coin abuses fake rates), ΑΤΜ withdrawal are big, limits are sometimes low and most importantly customer service is sometimes bad ( Wirex is a great example). Anyone familiar with their free ATM withdrawal service? The info in the website says that there's a free withdrawal each month for up to 200€. Does this reset on the first of each month?
Yes - reset on the first day of each month Thanks!
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Bitcoin and simular coins for payments, I understand.
But for other coins, I can see the why the technology is useful, but how do the coins/tokens benefit of this? For example Ripple, I see the value of the technology, so assuming all banks at some stage will use them. How is XRP benefitting of this?
Another example Golem, understand the technology of a global super computer. But how will the GNT benefit of global usage? Am sure I am missing something, thanks a lot for helping me out!
Speculation is the leading cause of the price rise in altcoins. Even coins like Ethereum haven't proved themselves yet but the crypto economy moves around speculation rampantly.
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Do you have to use armory for your transaction? You could import your private key to a wallet that doesn't require syncing the blockchain to complete the transaction. Multibit would be an option.
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