can we in Africa really successful mining bitcoin?
What are the similar advantages an African country will be having when compared to China? African countries are known for its very hot climate, so bitcoin mining would be a big challenge as cooling process would be significantly difficult. I guess only few African countries will have the saturation levels in electricity power generations and no known data on cheaper electricity across African countries. In Africa it's so hot..... and the temperature of an environment in Africa is not worth for mining at this time and like he are saying you will need a more of a fan for cooling your mining hardware. |
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is it better for you to advertising your site rather than just paying to the someone? is wanna for playing on your site? you pay them and then just sending your paid amount for playing in your site.
pay after playing . But it's not an effective way for promoting your site if someone is already playing and putting 0.001 on your site and after played you're paying him 0.001 also, and then he have a chance for getting a prize without putting anything. |
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Buying a hardware wallet can be good but I think that I would not use it a lot because I have some other wallets.
I also use online wallet so that is why..
I think that its also not worth it because its not very easily with payments, online wallets are better for payments. On the other hand hardware wallets can be nice for large amounts maybe. You need learning more about the hardware wallet, it's just like you're using the offline wallet but you can bring your wallet into everywhere you want. and you can synchronize the hardware wallet with an offline wallet like an electrum and that is the best combination. https://www.reddit.com/r/Bitcoin/comments/2dqksb/electrum_trezor_one_happy_me/ |
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I just selling some of my energy and efforts for bitcoin, I never sell anything for bitcoin,I can use my energy for earning bitcoin, and should I can selling anything is for buying bitcoin? and that is very bad for me.
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yes it will affect forum market lots of people having spare codes and earning game items will wnt to sell for bitcoin and alot of them will be on forums like these cause this is one of the biggest ones so yes i think so also i willl participate in this.
It hasn't affected the forum so much there's alot of other forums it has affected though everywhere people trying to sell their codes and items for bitcoin. I hope amazon soon also accepts bitcoin and maybe that will affect the forum too. Amazon is such an important player that if Amazon began accepting bitcoin not only the forum will be affected, I think the whole bitcoin world will be affected by such decision. I also think it will affect the bitcoin a lot because of the fact that a lot of us are now buying it on other ways at amazon. If it can be done directly it would be awesome. Nah I do not think it will really affect the price or something because there are already stepped in a lot of large companies these days. I think everything will be the same and that nothing will change due to this! Personally I disagree, if Amazon decided to accept bitcoin directly, I’m pretty sure that a spike in the price of bitcoin will happen almost overnight, miners will become more profitable with the increase in price and I’m sure that a domino effect will follow and a lot more important businesses will begin accepting bitcoin. And when your statement will happen in a real life?we are just considering about if fact like steam is a big company is not giving any effect for the price of bitcoin. and what the relationship about the price of bitcoin with the amazon is accepting bitcoin? When? I don’t know I’m not a fortune teller, and about the relationship between the acceptance of bitcoin by amazon, it’s simple this will incentivize adoption which will increase volume, besides this will push the confidence in bitcoin even further and all of that has an impact on the price of bitcoin. Considering from another example like steam, Microsoft and dell are also accept bitcoin and I not seeing the effect for them, because that is just making the holders of bitcoin is wasting or spending their money on them. just helping the cycle of bitcoin but not for the value. |
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I regularly purchase from amazon, flipkart and paytm, But nowadays am avoiding paytm to purchase physical products because i faced many problems for the past 2 orders. M order was marked as delivered befor delivering and even the support issue closed as solved 2 days before the delivery, King of sucking lately
As far as bitcoin processor i just did one purchase from bitling, antminer u2 which is in my shelf now unused.
\ Amazon with gyft is the best combination at this moment. Nowhere else you can actually buy stuff with bitcoin. But outside of gyft i find it hard to find good shops whom accept bitcoin. That part of the bitcoin eco-system needs to be expanded by a lot. That's right, caused by we are just be able for buying in the amazon through their gift card and not using bitcoin directly and I think until the amazon is wanna for accepting bitcoin and we could for always using it for our method for buy in the global store. |
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when I run my faucet (ranked top 10 in faucet box list!) I get around 0.04-0.10 btc each month.
I decide to stop because a lot of bot attack the faucet, and there was a lot of work behind.
Actually there is not anymore the same interest in faucet, because without adsense there is any convenience for run a site.
Actually, this is the best experience for someone is want for opening the faucet at this time. a lot of abusers is making bitcoin faucet is not profitable at this time. |
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Now, no. But in future, probably yes, as even steam accepts bitcoins now, if bitcoin will be even more popular in future, i am sure that amazon will accept them too
Yes that is going to happen in future and I do believe that amazon is trying to consider it today. They are just having some debate together with their sales and marketing team and the financing department. Because they are running before the profit of the company and they are still thinking about the fluctuation of the price of bitcoin. I hope amazon able to promptly accept bitcoin is sure if amazon received a pambayaran through the price will go up bitcoin bitcoin Are you believe with it? after amazon is accepting bitcoin and the price will rise to the moon? that is will never happen the people just wanna for buying something in amazon and not has any intention for pumping the price. LOL but your translator is not working for smoothly for you. |
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is it better for you to advertising your site rather than just paying to the someone? is wanna for playing on your site? you pay them and then just sending your paid amount for playing in your site.
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I think it is still profitable but not the way it was before the halving. Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block. This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.
yeah, halving means that it is harder to get bitcoins right now so it definitely is profitable for holders But in fact holders just get a little profit and it's just more than enough profit. if seeing the board of exchange i can say more time is never get a profit from hold bitcoin. |
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Bitcoin has become inescapable all around the world. From the headlines in the papers to the top story in tonight’s news coverage, every now and then people talk about bitcoin, be it about a new service that accepts it or a rise or fall in exchange rates.
for me, i will consider it in my business for 3 reasons:
1. IT’S SIMPLE
2. IT’S FAST AND SECURE
3. IT’S CHEAPER
so how about you, mind if you share your thoughts.. it'll be much appreciated.
thanks!
I agree with all of your 3 points have you mentioned it. but for the point 2 bitcoin is not enough for completing all of the requirement for becoming the point two because like a confirmation and the volatility is be a different issue. |
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i think that bitcoin will become an internationally recognized currency in a few decades, after that most of the people will use it
Isn't it already an international currency? I mean you can buy a lot of stuff from around the world using btc.  but it will take some time for it to get into mainstream. What are you mean about the international currency?an international currency of the digital world?that's right. but for a real life?that is nonsense, kill the fiat and gold before announcing be an international currency in a real life. |
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Safety of BTC wallet is the most important  Especially online BTC wallets - as we all know. And also well developed hardware wallet safety and fast transaction times  Exactly! Safety first. Maybe one of the problem is that, the payment is quiet late but that's normal But i trust it, so no reason to have a problem in bitcoin. you think you have no problem with bitcoin really? there is a lot of problem to be complained about how bitcoin have a disadvantages , like when you are send money to a wrong address you can cancel it , also the offline store seems not ready yet accept bitcoin and many more. Cancelling it wont be possible that is true. But regarding the retail physical stores it can be managed when time comes. Just need a some adaption from different owners. Some does this already and somehow it works for them. the system like that are trust based system isn't it? how if one of between buyer and seller have a bad intention , and they just won't do the refund / cancel ? the bitcoin feature like this have more disadvantages instead an advantage imo. That's right, can't cancel the transfer from the sending parties. that is very bad... I think I can say more at the disadvantages of bitcoin than advantages. |
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so to sum it up one could simply say, that you have to sell bitcoin offline and in an direct exchange for cash or goods? online it only makes sense as an professional exchange. or did i miss something?
I believe in reverse.If you want to be safe,always use good reputed exchange for most of them have all required info about both buyer and sellers and you can contact them and ask for help in case you get scammed yeah, it is better to hold your bitcoins in the exchanges that have only good reputation so you dont lose it So from the another users suggestion above me keep your bitcoin in the pouch of the people is those you don't know about that. but if you have a more time and MOVE it into your personal cold storage. |
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BITCOIN JUST THE DIGITAL FORM OF MY MONEY but I like to call that more a digital goods it's very no sense if bitcoin is can call a money cause it's not having a factor for can get a value, but bitcoin is offering more for me rather than fiat, fiat is offering a value and bitcoin is offering the technology and easiest way.
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
that is just a new digital money and not a new real money, however, your can change for easily into the fiat but considering from a real perspective that is not having a real factor can be a value. you can buy anything in the future and you're only believing for wait it. |
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yes i have really a very good idea, and that is that i want to open an currency exchange center where i will also do an exchange of bitcoin, hope that this business will really give me a good profit.
Too many the exchange or trading site in this time, dude. that is very bad but not having a potential caused by your reputation is already caught by the old exchange site. |
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Use search. There are hundreds of topics about this.
Stop making spam topics
That's right, and the admin is already provided a toolbar search on the homepage of this site. but if the purpose of this thread no be a spam thread. |
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Holding the bitcoin is good and you can make some good profits if you are doing this but keep in mind that it can also let you lose money.
I think that long terms are good but it almost always has to be a high amount.
You can make some good amount with long terms but I agree about the fact that its not worth to do this with low amounts because than you are waiting on minimal profits. I think its better to just invest small amounts and long term investing with large amounts. yes i also agree with you, you should really invest a good amount of bitcoin for long term investment, because holding a low amount for long time is not a good idea and it cannot give you a good profit. The profit on long-term investment is more on the quantity. otherwise, the small amount is more than quality like you can get the best quality time for doing a trading. |
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I dont think that DOGE will be a good investement to do because since i have in crypto-currency world i didnt seen doge coin price any decent increase and right now its price is much lower than what it has an year ago so i would rahter invest in Litecoins than in dogecoins.
Doge has already got the stable condition of their situation for a few weeks ago... and that still running until this time and sometimes I checking the market and not finding anything about the price of doge and not worth for this time. |
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