When I first heard about Bitcoins in 2011, I chose to ignore it. One guy even promised to pay me in Bitcoins (for some freelancing work) and I told him I don't want that. I still regret my decision. I would have been a millionaire, had I accepted Bitcoin payments back then.
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Recently I have heard a lot of reports about MEW getting hacked. Unless you have added security features, MEW is quite vulnerable to hacking. Most of the users store their Keystore file or private key carelessly, and this results in the vast majority of the hacks. It will be better if you move remaining tokens and ETH to another wallet.
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just doing bounty and airdrop. it will help.. or but new coin with low price
If you have a social media account with a large number of followers and friends, then you can try this route to earn some altcoins or tokens, which can be later converted in to Bitcoin. And once your rank improves here in Bitcointalk, you can try the signature campaigns.
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I first made my investment in 2013 January. Back then, I purchased 15 Bitcoins for around $200. Over the years, I sold most of my coins, but even now I hold BTC and alts worth around $150,000. The revenue from BTC/alt sales have enabled me to have a decent life during the last few years.
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IMO, there are two altcoins which are looking very promising right now. The first one is Ethereum. Its price has increased as a result of the increase in the number of ICOs. The second one is Monero. It has also attracted a lot of attention due to its anonymity.
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Signature bounty spreadsheet is still having lot of fakes.
Line 387 (Netnox) is a fake of Line 104. The scammer had put a fake ETH address.
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Some competition is OK, as was the case until the end of 2016. But during the last one and half years, new crypto-currencies are popping up from every nook and corner of the world, and the unfortunate fact is that 90% of these coins are just copycats. The only people who are going to benefit out of them are the promoters behind these coins.
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I don't think that there are any banks out there, who legally accept Bitcoin. There are a few in Poland who issues debit cards which can be loaded with BTC. But even they are cautious about accepting BTC directly from the clients.
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In order to replace gold, Bitcoin needs to have the same properties as that of gold. It should be a safe asset to store the wealth. But I don't think that it is ever going to happen, as the exchange rates are highly volatile.
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Enrolling for signature campaign.
Bitcointalk username: bryant.coleman Forum rank: Legendary Posts count: 17,858 ETH address: 0xe51DA78489683Baf87F043dCB8b86B6f29cEF326
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The problem with NEO is that most of its trading volumes are concentrated in South Korea and China. Unless it becomes popular in the other major markets such as Japan, United States and the European Union, it will find going tough.
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The governments may not be able to kill crypto, but they can discourage a lot of people from using crypto-currency. I heard from my friends in India that the volumes went down sharply there as a result of government actions.
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Hi guys! We have added support for Denarius to our Crypto Mining Profitability Calculator: https://crypt0.zone/calculator/! Feel free to send us some feedback. We are open for all suggestions Thanks for adding Denarius to the list. I tested it by putting some dummy value for NVidia graphics card and CPU, but I got 0 output. How accurate are the stats for DNR? And how often does these stats change? Seems you need to adjust how many Mh/s perfomance your card also and the results will be different, because I also tried to fill with my own devices only but the result is same, also 0 output. How to do that? There is no option to enter the performance in Mh/s. The only option is "Enter number of your nVidia devices". Anyway... leave that. Just tell me whether it is worth mining DNR using the laptop GPU or not. If I continuously mine for 24 hours, can I get minimum of 0.5 DNR as reward?
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It is never too late in investing on bitcoin, you can start whenever you think you are ready. And if you are ready, you will know when to invest the better.
Currently there are approximately 100 million people who use crypto. And the world population stands at 7.5 billion. Only around 1% of the world population is using crypto, which means that there is still scope for plenty of growth. So right now, it is not late to make investments in crypto.
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Since I joined the crypto market. My gain is zero. I only have experiences and lessons. Does that have been called successful? You have a total of 24 posts in this forum and you registered just a few weeks back. My point is that it is too early to say whether investing in crypto has been beneficial to you or not. It may be better to wait for another 10-12 months, before reaching a conclusion.
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Even if we don't disagree if the government had finally released a law regulating tax or imposing tax on it then what we can do is to follow and obey the rules in our country, if not it is either jail or bail which will cause burden in the future so it is better to follow.
Another very attractive option is to get a second passport from countries such as Dominica, Grenada and St.Kitts-Nevis, where there is no income tax. If your earnings are mostly in the form of capital gains and dividends, then you may find this option very attractive.
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I personally cash out a percentage of what I get from the crypto market.I invest in some new coins and hold those who think that have a great future. I don't have a fixed percentage of coins which I cash out, and the proportion depends on the monthly needs and emergencies. I have invested in a few altcoins, and a part of my Bitcoin income has been used for that purpose as well.
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Mining has become very difficult and not that profitable.
That has been the case for the past 4 years, right? I still don't understand why there are people who do small level and medium level Bitcoin mining. If they want to purchase Bitcoins, then buying them from the market is a much more profitable method when compared to mining.
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If you are talking about the differences between fiat cash and crypto-currency, then the first thing that comes to my mind is the fact that Bitcoin is protected against inflation. Fiat currency is not protected against inflation, irrespective of the issuing authority.
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Monero is a great choice for crypto-investment, because it is heavily under-priced and the user-base is expanding rapidly. On top of that, if Bitcoin is ever going to get replaced by another coin in the future, then Monero is definitely going to be one of the probable contenders for the no.1 spot among the crypto-currencies.
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