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321  Bitcoin / Bitcoin Discussion / Re: What Is Bitcoin? on: October 12, 2017, 10:25:50 AM
I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

For me bitcoin is networking. Before I used bitcoin I'm so confused, I have a doubt here in bitcoin, why? posting is the main work and it is very confusing you earn money if you are posting only? Other people used bitcoin because most of them have no work so they used the bitcoin as their income.
322  Bitcoin / Bitcoin Discussion / Re: What are you using bitcoins for? on: October 12, 2017, 04:37:24 AM
The miners mine and hold, other mine and sell.

Investors and speculators buy, hold and sell.

You can buy random items in auctions and through the forums.

What are the reasons for the bulk of the bitcoin transfers? I read an article underlying the "dark side" of the internet and TOR network, and they seem to point out that bitcoins are now nearly the exclusive currency for the online "black market" (Note, they are not saying bitcoins are exclusively used for black market transactions)

What have you used bitcoins for?

Miner
Investor
Black Market
Other - explain



I used my bitcoin for my daily expenses and daily needs for my family and to help my parents to pay our bill in the house like bill in electricity, bill in water, and the payment is our apartment. I used my bitcoin to a good way not in gambling and other spending their money to a thing that is not important.
323  Local / Others (Pilipinas) / Re: Kaya b nating magpatayo ng bahay gamit ang bitcoin? on: October 11, 2017, 01:44:51 AM
Sa tingin nio chief kaya b ng isang member n magpatayo ng bhay gamit ang sweldo nyang btc sa mga sig? Kunyari ung member ay may 3 account s legendary at nakasali sa magandang sig kaya nia bang magpatayo ng sariling niyang bhay sa loob ng dalawang taon?

Para sakin oo, kailangan mo lang mag tiyaga at magsipag syempre ang Bitcoin ay networking. Meron akong nabasang post ng isang jr.member kumikita na daw sya ng 200k sa bitcoin. Kaya para sakin kaya ng makapag patayo ng bahay o makapag pundar ng mga gamit sa halagang ganito. Newbie pa lang ako pero nagbabasa basa ako kung pano ko mapapa jr.member tong account ko. Kaya konting tiyaga lang,
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