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I think many user blaming bitcoin as its used for porn or gambling, just because of anonymous feature. But we must have to understand advantage of bitcoin. Bitcoin can give you more mobility, security and safety.
Even while using bitcoins for day to day transactions user are firstly trying for option to buy with BTC if not available then only move to fiat.
It shows interest of new user to get services with Bitcoin.
In coming years this picture will be more clear as business with Bitcoin payments acceptance will increase their user base and revenue also.
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While investing in Bitcoin investors must have to consider few aspect which are important before investment.
Many users spent time to collect Bitcoins by faucets, gambling, trading, mining etc. And I think spending time on such activities for getting Bitcoins is worth. Because as predictions price of Bitcoin will be skyrocket in coming years. So who will stake Bitcoins can get higher returns on exchange.
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Basically Bitcoin is a pioneer of cryptocurrencies, so Bitcoin have already made milestone in history of the century. Bitcoin have lots of advantages and features which have already made Bitcoin unique.
Second important thing about Bitcoin is bitcoin is a master currency of Crypto market. Each new launching cryptocurrencies evaluated in Bitcoins.
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Yes definitely because Bitcoin have already proved its existence and value. Due to this Bitcoin become more popular and valuable. As per predictions about Bitcoin price of Bitcoin is increasing exponentially. As well as demand in market also increasing. Day by day many new users are investing in Bitcoin even many non profit organisations also working to make Bitcoin future currency.
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Indeed.
Unfortunately the the scam sites are making a bad reputation for the real sites/companies that are investing your BTC properly.
However, you need the check the website you've decided to invest. Check out facts as: team, development programs, company information, press, transparency, etc.
Good luck,
Yes actually 99.99% of investment sites are scam related about bitcoin investment. So its honest suggestion to user to make certain verification of particular investment site before making and transaction. Bitcoin is anonymous digital currency so it is used for scamming user globally with considering advantage of anonymity. |
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hey there, im pretty new to the bitcoin world and would like to start altcoin trading. I am well aware of the risks and i am only going to invest money i can afford to lose. I have a few basic questions, just to make sure i understood everything correctly. From what i have learned so far, the first thing i need is a bitcoin wallet. I then purchase bitcoins there and transfer them to a bitcoin trading platform. If i want to pause my trading and just hold my bitcoin, i just transfer them back to my wallet. Is that correct, or am i missing something here? Also, i am from Europe (Austria). What would you suggest are my best options for a bitcoin wallet and trading platform? Thanks in advance  Yes First of all you need your own bitcoin wallet where you can buy bitcoins from exchanger or with fiat currency and store there. Once you bought bitcoins you can take them to trading platforms. poloniex, coinexchange, bittrex, Bter, Crypopia, Yobit these are some of altcoin exchanger. You can use your bitcoin for trading of altcoins. And when you think to pause you dont have to worry because whatever you have invested it will be there at your used exchanger. So you can easily get back you Bitcoins to your wallet. |
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Hello,
I'm all new but have quickly seen an opportunity to get into the business of exchange Bitcoin to EUR/USD/GBP and other currencies. I see that there are services out there that allow your wallet to be loaded by Bank transfer and found 3 names of banks that will work with BitCoins.
However, do you know what banks actually would allow an exchange service or at least are Bitcoin friendly? I would like some names or even references.
First of I would like to clear that we are living currently in system which is made by human for exchange of goods with money (Fiat currency), Which is controlled by banks and governments. But... Bitcoin is different from such tradition methods. Still Major banks are playing and testing with blockchain technology for better administration and quality services. But till date no bank have been legally started to accept bitcoins as a payment option. |
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Higher exits are always welcome and as people will get educate they will think to get share of Bitcoins as considering investment. As. Popularity increase demand will also increase. And end results will be price increase of Bitcoin.
more blind rhetoric from sig spammer that only cares about returning to fiat without understanding bitcoin. or the failures of fiat. if you have not learned how fiat has failed people. and you want to return to fiat one day then i feel sorry for you when bitcoin reaches $10,000 (700,00INR) and you find out all you can buy with your fiat is a few loaves of bread. yet sticking with bitcoin could have bought you alot more and improved your life more without planning to return to fiat
more blind rhetoric from sig spammer that only cares about returning to fiat without understanding bitcoin. or the failures of fiat.
Franky1 Kindly use appropriate words. If you are doing it for charity then wish you happy for charity. In world nothing is for free. I think I am not only who expect ROI. Even I am not talking about myself I am talking about actual facts that happen around me. As many user leading with miss guide as bitcoin is super investment platform where user only can get higher returns. And most of user are doing it very badly with MLM. Encouraging people to invest in BTC. But my suggestion to every newbie is give some sort of time for educating yourself to understand bitcoin in better way. |
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Bitcoin is becoming precious asset day by day. And demand of bitcoin increasing exponentially globally. While considering these facts bitcoin usr must have to aware about bitcoin technology. Bitcoin wallet is very important for each and every activity. So safety and security of your Bitcoin wallet is most important. Any use can keep back up with .dat file. Or user can simply take back up of private keys associate with your bitcoin wallet address.
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Buying Bitcoin with credit card costs more than actual conversion rate of exchange. So my suggestion will be use you fiat currency to buy bitcoin from exchanger or seller within your area.
And buying Bitcoin with credit card means lending money from bank to buy some sort of asset which user have to payback to bank. So its always better to buy bitcoins with fiat currency at lower price then stake them to price increase at exchanger and then sell them for getting ROI.
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Basically no one knows about who was Satoshi Nakamoto. rather he was a person or community.
Second important thing is bitcoin was past experiment done by some genius before Satoshi Nakamoto fix bug of double spend. After fixing bug of double spend this experiment run within network by publishing whitepapers in 2008.
And if Satoshi Nakamoto reveals himself I dont thing anything happen strangely, because already Bitcoin have become decentralized, As well as many non profit organization are working for making bitcoin far better with improving blockchain possibilities.
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Hi guys.... I recently joined this forum and trying to understand about and just learn about bitcoin but I'm unable to make any posts as I'm not sure what kind of posts should be done.... Since I'm new to this forum and still learning about bitcoin I hope you guys will help how to post any topic.... Thank you in advance
First of all welcome to world first place where bitcoin talks. Bitcointalk forum is place where anyone can get sufficient information from experienced as well as talented person who contribute to forum to make it more transparent. Forum treats everyone equal as when user have to join and then have to prove himself by contribution to forum. While contributing user can gt rewarded from signature campaign, free giveaway or bounties. But user must have to express himself with own words. |
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How much should the fee be? Do we have to pay the fee in one address to another bitcoin address?
Bitcoin is based on P2P network. Where every transaction held within network require certain fee to reward to miner who verify these transaction. If you own both address and wish to transfer bitcoins from one wallet to another then it will surely require transaction fees which will be rewarded to miner to verify this transaction within network. |
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Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins. In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not. If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me. Please let me know what do you think about this. Everything mentioned above clearly takes to result as Zcash is not suitable for investment. There are many reasons for that few are as follows : Higher price entry in market Major premined coins As Zcash introduced to exchanger it has very high price against Bitcoin but in few days it goes down tremendously. It means who have already bought or mined Zcash have dump there coins to market which results to decreased price of Zcash. |
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Bitcoin have its own protocol which is known as qt. User just only need on internet to access his own bitcoin wallet with desktop wallet.
Most of user use third party services for bitcoin wallet. But folks everyone must have to be aware about bitcoin security and features.
If you are using third party wallets then always take back of private keys associated with your wallet address. This private key can help user to recover his own bitcoin address with amount embedded in it.
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Basically every newbie start to get his first satoshi from faucet. So we must have to focus of faucet considering number of increasing bitcoin users. Faucets are really steady and flat way to get some share of satoshi by claiming rewards. But folks no one can become millionaire with faucet except only faucet owner.
Already there are many genuine ways to get BTC residually. And this forum is a right place to get more information about Bitcoin earning.
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Actually unique address with its control can be handle by any service provider can offer same Bitcoin address to their user to receive BTC. But its something fishy. As most of wallet service provider generate new bitcoin wallet address for user for more security and safety.
And if you are a service provider then it may create certain trouble for offer unique address to many user, because of accounting.
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I think this depends upon person to person as what basic knowledge particular person have. Because Bitcoin is not a thing which can be defined or described in 1 day or 1 hour. It need constant upgrade to new user about bitcoin and its environment. This knowledge can increase faith and belief in bitcoin which finally results in awareness.
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Actually china controls bitcoin as they have biggest share of bitcoins whatever mined till date. If Chinese continuously sell their own BTC to market for capital then price of bitcoin can be dumped so hard.
But I think Bitcoin is not just currency, it more than that. We can say it as commodity. And once any user sell there asset then then can get it back.
So my honest suggestion to Chinese ti empower bitcoin by increasing its value to world.
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Here is solution for instant altcoin exchange without any registration. No account needed. Instant swapping of your altcoins with competitive rates. Instant transaction completion. Check for BitPayment.ioThis service is offered with collaboration of shapeshift.io. If anyone use Bitpayment.io services for altcoin exchange or even trading, kindly share your experience. I havent tried it yet,.. but the site looks empty. No About Us, No Contact Information when something goes wrong. No FAQS for newbies. no information about fees on exchanges. Anyway thanks for your suggestion and recommendation. Basically this site is based on node.js. Which is used to run one page application. I have already put informative quotes to easy accessibility with Bitpayment.io. And if shapeshift have any issue with api then such coins will not work even API couldn't response. SO there is no need to worry for anything wrong. But very important thing is precaution before proceed as User have to choose exact wallet address of selecetd cryptocurrency for hassle-free and instant exchange. |
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