It is an absolute risk to invest in ICOs that you do not understands their core values just because you were inform by a colleague, invest on ICOs projects which has a real aim of solving world problems and low market cap with a chances of growing with a perfect team.

Mining bitcoin using a mobile phone requires a strong GPU of a graphic card because an average mobile phone can crunch 8 hashes per seconds, therefore the competition among the miners will be high with the owners of strongest hardware (ASIC) not (GPU) used by mobile phones and cheap electricity will mine bitcoin successfully, in a nutshell mobile phone mining is very difficult to achieve on mining bitcoin.

Convincing laymen (people) to invest in bitcoin is an herculean task that is not easily surmounted, I tried to reach out to some friends of mine explaining the benefits of investing in bitcoin now having read about speculations of bitcoin hitting $10,000K to them.
Majority of them opinionated that bitcoin is a ponzi scheme therefore it is a scam, although  I have not given up on them I am just waiting for the opportunity to exchange my bitcoin to fiat and show them the way.

Personally I google searched the internet I have not come across any forum rich in contents and information as bitcointalk, I have accessed bitcoingarden, bountyportal, icodiscuss e.t.c none of those forum has informative and educative threads for learning and I believed this forum is second to none as regards bitcoin related information.

Firstly is to ensure that the hard disk is carefully removed and kept in a safe place, purchase a hard disk adaptor and slot it in then connect it to a working computer system, it will be detected automatically  an external hard drive will appear were you can access the details of the wallet, ensure that a paper and a pen is use to write out all the details.

It could be quite challenging for those who bought bitcoin before 2003 and still hold it till date, I am very sure just few of them had been able to achieve that aim of holding it this is due to the uncertainty or unstable nature of the price of bitcoin majority of theose holders might have sold it off when the price hits $600 of course they had made considerable amount of profits.

Bitcointalk Username: gabbie2010
Rank: Senior Member
Current post count: 726
BTC Address: 3LtWp99ruKMScM2HXsM8FJ2LoLcPtsp4Rg


I will, of course, update my signature if accepted

Personally I have adopted all of the above, I strongly believed in the ideology of bitcoin as a decentralized currency I do not like third party of transacting business I prefers doing my transactions anonymously, also the technology behind bitcoin is superbly configured using blockchain technology.
Lastly the monetary aspect of bitcoin is second to none, bitcoin can be used to trade, work for bitcoin, gambling, pay for goods and services e.t.c.

I hope you have a good strategy to actualize your aim, I believe it is going to take some time to hit your target going by the amount of bitcoin invested for a start, I implore you to kindly  reveal your trading strategy so as to carry interested trader along.

My greatest fear as a bitcoin holder is when the price drops down dip, we should not be carried away with  increasing price because there is going to be price pullback or price correction which may prompt holders dumping it invariably crash the price, I am not pessimistic about it.
More so bitcoin is prone to hackers and this is also a  disadvantage of holding bitcoin.

Bitcoin cannot eliminate unemployment completely but can only reduce it, it is on record that everyday bitcoin related services or job is posted online, thus  unemployed individual with vast knowledge of bitcoin can seize such opportunity to be engaged and paid.
There are so many bitcoin related jobs easier ones like signature campaigns here, trading, graphic designs and programming can serve as employment opportunities for the unemployed.

All the technicality involved in learning blockchain technology can found in this forum, go through Development and Technical discussion thread    https://bitcointalk.org/index.php?topic=973916 there are a loads of information required I also learnt that C# is the best programming language for blockchain technology in that thread.

Well I rather advice you to learn a skill online there are many skills available on YouTube e.g graphic design, or any programming language take your time to study it very well thereafter you register with freelancers like xbtfreelancer, freelancer, upwork e.t.c you will make a lot  of bitcoin when you offers a service to a client.

Bitcoin has been changing the world in a unique way of sending and receiving of fiat via bitcoin without undergoing those stressful and stringent methods used by western union money transfer, moneygram e.t.c.
I can now sit in the comfort of my room  and receive fund from abroad via bitcoin.

Bitcoin will continue to gain more popularity and will not end because daily more people are joining the train of cryptocurrencies particularly bitcoin, although there are some stringent policies against bitcoin by government of some countries like most recent clamped down on exchanges by the Chinese government but this cannot end bitcoin.

Bitcoin will have no impart in the future of banking, because for most of the transactions, we still needs to exchanged it to fiat, personally for every bitcoin I earned online is sold to my local exchangers so will deposit the equivalent local currency into my bank account, were I can withdraw my money, this is to reaffirm the role of banking in cryptocurrencies.

Scammers are always devising new methods of scamming people on daily basis, truly it is the gullible ones that will fall from this type of scam, imagine someone sending 150BTC to me and requesting for my hard earned bitcoin  this is absolutely unrealistic this is a wake up call for everybody to always verify any source of information.

I do not believe it is possible for me to get rich with bitcoin, although some early holders of bitcoin are rich now after investing their money in bitcoin few years back, but at this current price buying substantial amount of bitcoin will be hard because I do not have such fund, be as it may bitcoin has been a  supplement to monthly salary and it is an additional source income for me.

Reopening more  chinese exchanges by the China will enable more investors to buy bitcoin which will further push up the price,  presently bitcoin is the most sought after cryptocurrency and with the Chinese population bitcoin will have a bright future.