I am going to go on a limb and call this a bit shady. Definitely won't use it until others verify that it isn't a scam or anything.
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There are too many altcoins to count at this point. It is so hard to keep track of them all... I just can't do it. I was using a calculator/script thing but it doesn't work anymore. hahaha
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"You can lead a horse to water, but you can't make it drink." At the end of the day, there will ALWAYS be people who don't believe in Bitcoin. You need to just be kind with them and someday they will use it.
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You can divide Bitcoin into far smaller units for the time being, at least. Once Bitcoin can be divided into small fractions of a cent... something which cannot be done with physical money (obviously).
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It comes down to research, man. You need to spend your time researching about Bitcoin and cryptocurrencies in general... YouTube, Reddit, etc. Never stop reading and eventually you will know your stuff.
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India is one of the fastest growing countries but I did not expect them to legalize Bitcoin it is still very early and you know what, I think India is very smart for this move. They will be happy about it in the future.
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Maybe one thing you can do is share some of your earnings to your mom to prove that you really can generate income from this. Or let her read related news regarding cryptocurrency and who are currently using and supporting this. Maybe if she knows that even banks and known companies are now jumping into this, she will start to calm down and maybe have peace of mind when you're online & doing crypto transactions.
The problem is their parents think that involving in Bitcoin is involving in illegal activity. And sharing earning to his mom will definitely raise a red flag. Best is to explain it to her in a slow agonizing phase . Since there will be lots of rebuttal and rejections from his mom. Do not worry once he explained it well and made his mom realized that Bitcoin is legit then his mom will allow him to get involved in Bitcoin. I was once there, and now I am good to go with Bitcoin. Usually this problem is social one generally in tier 3 countries where people are still very conservative about money and earnings. I was surprised to read that in most of the tier 3 countries people are even afraid to invest in stocks and better rely on banking means like Fixed Deposits, etc. Such conventional thinking restricts people to see earning possibility over internet. But no worries, with time being everything sheds. Show your earnings on floor, pay taxes if you earn that much, you will soon get into good eyes of your parents. The funny part about this is in the near future his parents will wish they listened to him and invested in Bitcoin because he will be rich and they will be poor!
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Ehm, hackers can have lots of money because they steal it from others by scamming and hacking as well. Think about all the Bitcoins that were stolen from people on this forum, it is unbelievable how much money they can make in a short time just from hacking, and it is also very sad.
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Bitcoin is a way to invest your fiat money into something longer-lasting and more valuable, and safe. Fiat money isn't safe because when the system comes crashing down so will all of the banks that are running on fractional reserve banking.
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Its a shame, to transfer $10 will cost me $5, this is not how bitcoin should be. very disappointed
I hear you, brother. Just wait until LN comes and we will look back and wonder why it wasn't introduced a long time ago. At least, hopefully.
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Banks are acting like cryptocurrency is nothing, but do not get it twisted behind the scenes they are lobbying hard for its destruction. They want nothing more than to see Bitcoin and all the others fail.
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Now that SegWit is activated there is room for a transparent, decentralized Lightning Network. I can't wait until it gets introduced and we have nearly free, instant transactions for anything!
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When you buy Bitcoins for the first time you should use LocalBitcoins or Coinbase. These are the simplest platforms and also very trustworthy and you don't need to worry about losing your money or getting hacked/scammed because these companies are very big and well known and would not risk their reputation.
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I don't think that there is some man on the planet who would like to buy my dog for even $1000)
What if someone pays you 100,000 rather than 1000? I think you will go for it no? I will be very honest that I will obviously go for the deal. I will sell it for 100,000 and will start making it double or triple. Because when I will be able to make much money then I will but more dogs and of course better than this one. And I am also fed up by this one I want change. Indeed everyone wants. So yeah I would sell it. I would sell if I had a dog. Heck, I wouldn't even own a dog if someone paid me unless it served a good purpose like if I was blind and it guided me or guard my house, or find drugs, etc.
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I think pump and dump is sad, really. Think about it someone just wants to manipulate everyone to buy into their scam and steal their hard-earned money!
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Without miners any coin would die. You need miners to continue growing supply and creating sustainability or there is no point to any coin in the first place.
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I think Ethereum will remain the main token platform as it is developed by Microsoft and Microsoft generally speaking is way bigger, more reliable and trustworthy than any other brand in crypto right now.
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Ehtereum isn't the future of crypto. No way. Bitcoin is here to stay. I will admit Ethereum is a great platform to make your own token for a business or something like that, and advantage which Bitcoin does not have.
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MY favorite coin is DeepONION hands down. DeepONION is climbing in price every day and has a huge community behind it like never seen before!
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BITCOIN!!! There is no other coin with a brighter future than Bitcoin. Period. It has hands down the best future and everyone should buy it instead of the random altcoins which are destined to fail.
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