Basically you buy some virtual "Mining Power" on a site and they give you a Crypto-Currency income every second, minute, hour, day (depending of site)... Looks good, but it's not profitable. Just an illusion to make people believe that they can earn money on "cloud" without any effort.
As you are starting I suggest you to know more about this kind of investiment, but think twice before invest money on any site like that.
it is not "virtual" mining power, it should be real mining power generated with real mining equipments, and you buy that "real" hash power with your bitcoin in order to share in the profit of mining. the reason why it is not profitable is just because of bitcoin price and the maintenance fees if the power is virtual then the mining is virtual hence it is a ponzi scheme.
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I think you can invest in every company or person if its trusted and they have a good business plan. if they have this you can consider to invest in it for sure, I invested into a mixer website and I must say its pretty profitable.
What site do you mean that if you invested it into mixer it is profitable? i think mixer is just use to hide identity to create a new tract so your sending transaction cant easily know if where you send your bitcoins.. mixers are not small businesses and they are not accepting small investments either. so you have to have a lot of money to invest in a mixer. for example your own signature, bitmixer, is only accepting investments larger than 100 bitcoins.
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well i think house edge is the edge that the house need to have over the players just to secure the "house always wins" unwritten rule. and it makes their business more profitable, and it is all about that profit for them.
and that is why i am voting for no.
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i think we already have enough of dice games already so unless the people who are already on your website demand a dice game i don't think adding it is good.
but my vote goes to Slots as long as it has a good design and it is loading fast especially on mobile.
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the payment of signature campaigns are mostly determined from their competition, although the price of bitcoin affects it greatly but this means that they always look at other advertisers (their competitors) and then set their own prices. because if they have lower rate nobody will join them except the rejects.
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I haven't so much knowledge about trading and haven't try trading yet...so which site will be profitable to me to take my first experience???
there is no site that make is "profitable for you". it is up to you to make profit. it is trading after all. you should "find" a good price to buy and then you should again "find" a good price to sell on your own. the only thing you can get help from is the internet and social media. especially this forum, speculation section, announcement section and if you are into altcoin trading altcoin boards. to find opportunities to take advantage of.
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To be rich you have to be smart and you must also save some money. Without saving money you cant be rich because you will only spend some money and you have also to make an investment. To make an investment you can earn some good money with it if you are selling it at the right value or you have to trade to make some profit.
trading is high risk, if you want to invest, you better invest in the real world. like invest in real estate, restaurants, fast food, etc. it is a bit of my dream to become rich. Wow, i also have the same dream like you. If i have much money, i rather invest on a house or apartment. Because in my country, a house and property's price always increase every year. I think it's a good way to get rich. not only in your country, in my country is also a house and property's price increase is always every year. but it seems like in most countries, too. for apartment seems to require a very big capital. I prefer the simple, such as making a home business for rent. It is.easy to say invest on real estate or restaurant, but those investments require serious amount of money. I don't think we have that much now. Or if we have, that still requires certain of amount of knowledge and research. You can't just buy the first real estate you see. You have to study its location and the current status of the place if there is a chance that the place will be developed. investing in real estate, like buying it and waiting for the price to go up only works in developing countries, and it is different from place to place. so you can't just give a general suggestion about this matter. also investing in a restaurant is so different from real estate, because a restaurant is a business and a business needs more than just putting money down. you have to work your ass off to make money with it.
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it would be just like how you explain it to anybody else, first you have to have a basic understanding of bitcoin and then you should stick to the facts about bitcoin and mention the benefits of using it.
also creating a wallet, it can be a paper wallet printed on a nice piece of paper, and gifting it to that her.
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it is all analysis and speculation, there is no truth to what the price is going to be. the truth is about the rise and the fact that bitcoin is becoming more and more popular.
just a couple of days back steam started accepting bitcoin, soon we will see others that will follow. and in no time we will see the mass adoption phase.
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i think one of the biggest triggers for the next bubble is the halving and the hype it brings with itself. everywhere you look, you can see people talking about it on different topics.
but also i believe that block size coming to a conclusion can also have a big effect on the price and cause it to start shooting to the moon.
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i am doing both, and bitcoin is good for both purposes too. i use it as an investment since i have bought at low prices and also because i am trading it. but it is a good way of making online transaction like for paying for stuff.
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Maybe your right. Maybe its not the best time to invest in Mining :/ I think i will buy some Coisn and hold them for the next Rising yes it was a good idea to buy and hold, because this year we will pass halving. so the price will increase and you do not need to work hard, just waiting for the price to rise and sell after halving you can still invest in mining, not that i like it and i don't suggest it either but it is possible to still invest in mining but mining altcoins not bitcoin, and it is best if you have cheap electricity and not a high cost just for the bill.
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i think i have an method to double it within 6 months and ROI of 3 months. if you interested i can reffer you just PM me Is that some kind of "legit" investment site? Please send me a link so I can check it out as well. there is a well know fact that when somebody doesn't want to say something in public on the forum (like by posting it in the comments or starting a topic) and tries to communicate in private via PM or other methods he/she is most probably is trying to hide something and scam you.
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My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.
not really, for the good or bad, when people say their loss in bitcoin they are mentally measuring it in fiat. they just say it in bitcoin because they have used bitcoin and lost bitcoin. you never say someone say "aww that is a lot of bitcoin you lost" they say that is a lot of money. they will all multiply it with the price and then decide how big it was.
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I have been assigned by my employer to research the requirements of the top cryptocurrency exchangers to exchange currency with. We wish to develop a partnership with other networks. Can anyone tell me Bitcoins requirements? Thank you.
you should clarify your question first. if you are looking for someplace to just dump bitcoin that you receive for your services then you can use bitpay and change for fiat later. if you are looking for an exchanger to do some trading too then there are many like bitfinex, btc-e, kraken,...
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if you want to buy and have the wallet at the same time i think the best option for a newbie is a web wallet like coinbase, although you should check out their terms of services first then do it because you might find some of their rules not so compatible with your uses.
then after that move to another wallet with better option.
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this is an argument for the very far into the future not now. today it is not possible to divide it beyond eight decimals because the code doesn't allow it. but in the far future if the price is so high or if the lost coins amount are too much that we need more than the current amount then it is done with a change in the code.
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WOW! I just checked my Steam and it is true. You can buy games on Steam with bitcoins! This announcement is a milestone in bitcoin history and it will boost price so hard! Time to buy guys! obviusly, it'll make buying steam stuff more easier than exchanging to exchanger, less time to spent,lesst money to spent,i really curious how's bitcoin price after this announcement widely published i think the effect on price will be noticeable slowly, but it is going to be a great effect mostly because it is a reputable and big company like valve that is accepting bitcoin not a small deal. and it will expose bitcoin to millions of users worldwide.
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Why banks hate bitcoin... And why we no longer need them...
What banks can do better than bitcoin. If bitcoin also have almost all features of banks. Only must have an internet and you can use bitcoin already.
And bitcoin has faster transactions than the bank and more secure I guess.
banks hate bitcoin but we still need bands! banks hate bitcoin because bitcoin is threatening their existence, when people use bitcoin they are not going to need banks for their money transfer and holding money so they will lose a lot of revenue to earn money. but banks are useful still for example for some place to put your fiat and they keep it secure while paying you an annual profit on your deposit. also they are useful for loans that we are all using one way or another.
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The bitcoin price is going to a higher amount and I'm very sure it will go to a higher amount this year, the bitcoin will go to the 500 dollar for sure, I really have no doubts about that to be honest. The bitcoin has a very good future and its also is almost at the 500 dollar its now around the 450 if I'm right.
The price will only reach maybe in December that value and that can be nice indeed for the people who already have some Bitcoin because they all want to make some profit. But you need also some patience for it otherwise it would be not possible for you. The price could break the $480 level in the next few weeks, then it will hovering around there for some time. the movement of price has been so good lately and it might continue up this way too so $480 may be here in no time by the end of this week even. there is nothing stopping it either, bitcoin has been ready for the rise for so long and now it is time to see the rise in action.
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