Hi as a new beginner of bitcoins. I need some professional help and guidance. I have several questions and I hope that by starting this topic other newbies like me can also receive help. The questions are as below: 1. What do I need to start mining bitcoin? 2. Where do I mine bitcoin from? 3. Is it really efficient if your electrical bills are really expensive? 4. What is the most efficient way to mine for bitcoin? I really hope that you guys can help me answer these questions. I thank you all in advance.  First of all you need to do lot of research about bitcoin mining.If you are a newbie i don't advise you to begin bitcoin mining.Because bitcoin mining is more difficult when compared to other crypto mining.Well i still answer for your questions 1.If you wanna start bitcoin mining you need to put high investment to buy miners which is gonna mine bitcoins for you.If your system has more hashpower than you can mine more bitcoins. 2.There are two basic ways to mine: On your own or as part of a Bitcoin mining pool or with Bitcoin cloud mining contracts and be sure to avoid Bitcoin cloud mining scams. Almost all miners choose to mine in a pool because it smooths out the luck inherent in the Bitcoin mining process. 3.No,if your electricity is expensive.If you want to have more profit your country needs to have cheaper electricity. 4. GPU mining is most efficient way. |
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I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.
That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle. It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value. We can't say the price will always increase sometimes it also decrease too it is mainly based on the demand of bitcoin.I think nowadays more people started to invest on bitcoin that's why the price keeps increasing. |
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Well i didn't get any problem using coins.ph as my web wallet in storing my Bitcoins. I just make sure that i won't be downloading unknown application in my desktop also i don't use the info that i use in registering in that web wallet to other website with those two things that i mentioned my Bitcoin in my wallet are never been compromise with that and i am using that web wallet for many years now so i assume that is the safest way to keep Bitcoin.
Like you said mobile wallet is very safe you can store many days as you want.But you don't have to reveal your password or the BTC address to anyone which are the one needed if someone want to hack your wallet.I am using coinbase wallet for many days mt bitcoins are very safe here too. |
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Perhaps religion considers gambling a sin, but for me it's just entertainment that helps to relax after a hard day's work, but on condition that I set a limit so as not to lose all the money.
Is not a sin but it is all based on your family situation.Because the gambling is mostly makes losers than winners the winning chance in gambling is very thin so if you are wealthy person you don't have to worry about it but if you mainly based on your earning then it is not advisable to invest it into gambling. |
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I think bitcoin value goes up because of increasing demand in bitcoin, there are many people who are now starting to adopt the digital currency, they got interested in earning bitcoin and since many are investing in bitcoin the supply must provide for it that is why they adjust the value so that they can sustain the increasing demand.
Absolutely that is the fact many people started to get the knowledge of bitcoins and its profit level so they want to invest their money into bitcoins it causes increase in demand which makes bitcoin price goes up higher.I think the price will go up higher and higher when all peoples know about cryptocurrency.The bitcoin price is mostly depends on the technological devolopment and investment in bitcoin. In this modern world many people are familiar with computers and internet which attracts them towards go cashless one of the way is digital currency.That means many people started to use bitcoin which causes the price keeps increasing. When more people start to invest on bitcoin means holding bitcoins which makes it more demands which also increases the price. |
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Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
This is what we all were expecting to happen since past few weeks. It is a wonderful good thing for all those who were holding their bitcoins since quite long. This is just the beginning of a new era of bitcoin, it will reach its maximum value by the end of this year and it will help in earning a very handsome amount of money to all those who believe in bitcoin. This is the time to celebrate. I was hoped that bitcoin will reach $ 5K by the end of this month but it was happened very earlier.Still it a very happy news for all the traders and for the people who getting their salary in BTC because it will increase decent amount of income.Like yiu said the new era of bitcoin begins like bitcoin gonna reach maximum level soon in the coming year.So don't sell your bitcoin just hold it to get extra profits. |
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I first heard about bitcoin was at home, my brother was talking to my dad and i happened to hear them. So my brother told me about bitcoin and how i could make a lot amount of money within a few months.
I am also known about bitcoin from my brother's friend circle. They are making lots of money with bitcoin like mining and working under signature campaign. It makes me curious to know about bitcoin so I am also starting to learn about bitcoin then I am deeply attracted to bitcoin and also knows about the future potential level of bitcoin. |
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Recently, the price of bitcoin went up high. Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation. What do you think of the most influential reason for making the bitcoin price high? Plz share I think the bitcoin price is mostly depends on the demand of bitcoin,when the demand of the bitcoin increases the value will also increase.The usefulness and consequent value of Bitcoin is a result of many aspects of its innovation, its network, and its features. This guide discusses the most important factors that lead its users to consider Bitcoin to be valuable.So invest on bitcoin before its too late.I am also trying to hold my bitcoins for future purpose. |
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The value of bitcoin and gold falls and keeps growing in the market. so both are true at their level and i would like to use both.
in fact, I'm more than confident that such a metal as gold will be very appreciated at all times. We see that from the time of the Stone Age, the whole life of man has been put in order to obtain wealth, which is gold. What a fight of currency and securities valuable did not go in use, gold always has a very huge demand. So I would not put gold with Bitcoin on one level. I don't agree with you quote because bitcoin is far better than gold.Ofcourse gold has its own potential on market but bitcoin slashes everything and came up above all of others.If you invested on bitcoin in one or two years before today you maybe a millionaire.Even today is not too late buy your bitcoin and enjoy your future life.If you invested the same amount on gold your profit amount maybe 20 % but the same on bitcoin is 1000% more profits.So be wise on what you investing. |
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I would invest 80% of my winnings into btc. If we are talking about future here so it's okay to me not to use any of my money to relax or have a trip because I'm sure there will be a much brighter future ahead of me.
That's good if you invest today then your future will becomes more stable and safe to enjoy while you are old whith your grand children.But you can make your profits even more by investing your money on mining because it also gives you bitcoins so you can keep that for long time to have that profits. |
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Hello! I am a representative of AisaOptom company. One of goods what we deliver are miners. We deliver it from China. We have miners as in stock as like pre-order. There are some examples (price includes power adapter): Antminer D3 in stock 4560$ pre order november 2400$ L3+ in stock 3820$ pre order october 3430$ Ibelink 11G in stock 4540$ Ibelink 22G pre order november 8600$ Price changes almost everyday, so if you want to know correct information please ask me. Also we have and other miners too. Write me on email or skype than I could send you link of our website, information about delivery, proof that we are legal company etc. My email ishimov.danil@asiaoptom.comskype danil.ishimov.93 Are you shipping the miners to other countries?? If you do i wanna buy an L3+ miner for my future purpose.Kindly send me the details in PM.And i wanna know that price is negotiable or fixed. |
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Make money from money! a funny words but it is really true. We are making money from a money also. Collecting Coins for receiving coins hahaha  Of course a an investor we need to have this features and characteristics as a good investor in making money. We need to be patient, persistent, be studious and courageous and a lot more! Making money from money which really means if you buy bitcoins with your money after some years you can sell the bitcoins and convert it into money again. But this is really good investment than all other investment here the profit rate is very high when compared to others.So keep buying bitcoins and become rich in future. |
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I always buy right after a support level has been hit or almost hit and I see the trend going upwards again.
Usually it happens if negative news has died down a bit, like with the situation in China, that didn't take too long for the price to recover.
I can already see that there's a lot of trust in Bitcoin, just because the price didn't take a really massive hit after a week of negative reporting.
Traders aren't as ready to just dump everything as they would have in the past.
There really has to happen something serious in order for the price to crash down to under 3000 dollars, it seems.
Ofcourse today is the time to buy bitcoin because every day the price keeps increasing.So we can't expect it to go back to $ 3000 or less.Therefore buy it today before it gets too late.If the price goes down again its lucky day for you,so yiu must buy at that time because as you said it don't need too much time to recover from price dump. |
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Surely you're right when you said, You're sure to earn it if you hold it for a long time. Just like those who hold bitcoins in 2015 where the price is at just $ 200 now see how many times it has raised almost 20x And let's say you've bought at least 10 Bitcoins. Congratulations because you're a millionaire. So it's not too late because the price of bitcoins is increasing and you just keep holding it
Everyone has a chance to become a millionaire if we will trust bitcoin to make a big change in our life, you are right, it's not too late for anyone who haven't invested yet because bitcoin will still surely grow. The price that we see now is going to the top and will reach $5,000 soon and I am sure we are happy when bitcoin continue to rise. For those who are new, I would suggest to buy anytime and just hold it for long term and enjoy the profit that you will make in 5 to 10 years from now, this is a great retirement plan so let's grab it now. Holding bitcoin is a good way to earn money as you said in 2015 the value was $ 200 but today the value is $ 5000.So the value of bitcoin is keeps increasing and the growth rate also very very good when we compared to other types of investment. So buy your bitcoin today then keep it atleast for 10 or more years after that yiur bitcoin value will be climbed to very high value. |
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I am very happy to see that value of bitcoin is marching toward $ 5000.I hope it will cross $ 5000 in one or two days.Today the value is $4850 maybe it will reach it by today itself.
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Dude, greed is the reason why we want to win much more than we need so controlling it in the first place is going to be a huge problem. Addicted gamblers are not contented even they had enough winnings because they want it all.
To be successful in gambling is mainly based on luck of the person.But the greediness of a person causes him to involve in the gambling even if he loses his game too.as you said gambling is an addiction once you get addicted to it,its hard to get out from it. To control your greediness you have to know your limits.Even you win or lose you have to satisfies with that dont go for more and more. |
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in my experience, we can improve trading by keeping practice and read for many tutorial that is available on many source. we need to learn more about charting, analyze the price up and down, determine which coins will give us good profit and else. without learning we can not increase or improve the trading. there is no time to stop from learning by doing.
The best way to improve your trading skills by learn from your own mistake.If you lose your bitcoin at once try to understand deeply why that was happened and next ti.e you have to overcome that mistake. In the beginning try to do small level trading don't go for big amounts once your get familiar with it than you can go and rock it. |
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Well.. I must believe or how, I personally still can't confirm or predict that bitcoin price will reach $100k, it will be amazing in all history of bitcoin price developments if it reached that figure. May God bless to the bitcoin price for the future till makes more people become a rich.
No one can predict what is gonna happen in the future maybe it will reach $ 100K or more.Because we knows that value of bitcoin when it was launched and today its value is many many times more than that value.In 10 years or 50 years needed to reach that value of $100K. But i expect that in 2025 the value will be $ 10K. |
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Gamblers tend to gamble more when they lose because they want to take the money back. Thats the logic of some of the gamblers i know. Thats also the reason why they become a gambling addict. What i can say is gamble only what you can afford to lose.
Gambling is an addiction once you get addicted to it its hard to get out from it.If they win in a gamble they play again because of their greedy to earn more.If they lose also they will play again because of they want to have their money back.That is the trick of the gambling you never gonna earn from it you will lose always.So be aware and try to avoid from that addiction. |
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Should regular people invest? Or is mostly just talk from holders who want btc to grow and get some more money out of it? Sometimes I wonder..  People have to invest on bitcoin because it is gonna be the future currency of the world and its value also increasing day by day.I think investing on bitcoin is more better than any other investment because the value growth is very high than other investment. |
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