My questions: a) Is this a common practice? Having one wallet online and another one locally? b) Is it easy to transfer money from the online wallet to the local one and vice versa? And does it cost? c) What solution would you suggest for me? And which wallets? I hope my questions are not too naïve or tiresome. Thanks a) its very common to have some wallets and some kind of wallets. Online wallets used more for fast transactions and not for holding money there. b) yes, transactions are easy and for everything you will have to pay. c) I suggest to you create one online wallet and one hardware wallet to keep your money there.
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There are many different ways of earning bit coin. One can start with free faucet btc in taken some task every day. Even there are bit coin games and betting all this is where we pick free bit coin.
I doubt that we can call betting as way for making free bitcoins. You have to pay to play and there is no so many chances that you will finish the game with profit.
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Quite an interesting relationship now exists between the Chinese Yuan and the digital currency Bitcoin. More than 90% of the global Bitcoin activity going on in China, and over the last six months, this figure rose to 98%. It says us that only from 2 to 10% of all bitcoin activity goes on the remaining world. And even if we all know that bitcoin is decentralized - China make it's effect in the currency in anyway.
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The first time u heard about bitcoin on the TV on news, but that time they were talking about bitcoin as about new financial pyramid. And when I have just joined to bitcoin I was searching the way to play poker online without cash.
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The fact that cryptocurrency is made in a computer and used in the internet gives it a big a danger to itself. It is very prone to hackers. And no one can say how long can it last over the internet. Because cryptos are also money some people are still having doubt to invest and use it because it will be easy for someone to steal it. And the transaction made by crytos are anonymous.
The same can be said about paypal, credit cards, gift cards and any medium we could use to pay online, the only problem is you cannot get your money back with bitcoin since you cannot chargeback transactions like with paypal, that is a characteristic of bitcoin I love, but that helps hackers and scammers to get away with their crimes. In our would it stays less and less chances for privacy. Crypto currency have that kind of danger when it may be stolen and you will not find any step of the thief. But professional hackers can take away all the info about you and your wallets easy.
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Not getting in sooner is the most regret of all users as I think. My regrets about loosing in poker. I'm playing with bitcoins almost every day and not every day is successful. But I don't spend my salary for that, only those coins that I get from the campaign.
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I wish to join your campaign.
User: SvenBomvolen
Postion to Apply: Sr. Member
Posts Start: 601 ( including this)
Address: 16HWb51WURCNYCH29BJ8yAmtfqsLzcTT9Z
Thank you!
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Segwit needs 95% to activate. Current Numbers https://coin.dance/blocksExplicit Mining Pool Support by Proposal SegWit 24.6% Bitcoin Unlimited 18.3% 8 MB Blocks 7.5% If the current Voters for Bitcoin Unlimited and 8 MB Blocks do not change their votes, (either alone is enough to block segwit)Segwit will NEVER ATTAIN the 95% needed. Segwit is DEAD! Suggest BTC core start working on a blocksize increase solution ASAP, because no matter what else happens Segwit is Dead on Arrival. I would suggest solution to the impasse with SegWit: to change the name to something more respectful of the Chinese miners, to carry out faithfully executed the diplomatic mission to China, and to propose new solutions for scaling taking into account the cultural peculiarities of China.
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I think it will provoke the fall of the price and bitcoin will get closer to it's capitalization. I think in this case we will loose everything that attracts us in bitcoin: it's protection from the inflation and from government. Bitcoin will never going to be the same in that case.
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I think it may come true one day. The day will come, when the masses will be "run bitcoin", as well as it used to happen with gold. Another reason for the growth of BTC lies in its limited circulation (~21 million) and increasing of the demand. The increase in demand will push the growth of investments in the cryptocurrency, which over time will contribute to dynamic growth.
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Taking in view the fluctuations of prices in past year, prognoses for current year can be estimated as close to reality. Some expressed that there will come a time when one bitcoin will be worth 1 000 000$, but with the current positions this seems quite unlikely. But I think in the future, may increase the demand for bitcoin in various fields. This is due to the alleged possibility of reducing the cost of generating cryptocurrency, as well as its support. It's possible to decrease the fee for international transfers from 3-8% to less than 1% as well. The price of this year will have to fluctuate around of 1000$, due to the expansion in the areas where fiat are dominating now.
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That's known fact that China have an effect on the price for bitcoin, many big investors from this country are moving their capitals in bitcoin to skip government's taxes for those money. So bitcoin is just comfortable instrument for their transactions.
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With the current price for bitcoin it's just impossible. Bitcoin is limited by the number of 21 millions and it will be just not enough for all citizens of the US. But I like the idea about making bitcoin as mail world's currency, to achieve that bitcoin has to cost really a lot.
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Due to increasing in technology almost person want to get an alternative path of earning. So more people join with bitcoin so we can say that bitcoin will become as a global currency.
Yes i agree to you, todays generation is very different from the past. We have so called technology, very improving and productive today. I think every year they produce new technology that can be used and useful to the people. That's why, bitcoin is famous its because of the new technology, sooner or later, the things that we don't expect will come, like bitcoin is becoming a global currency. Yes it is very possible since bitcoin now is always in social media, many people used it and it gives us the benefits that dont expect. That's right today in era of centralized money we all are looking for a way to skip the system away. Bitcoin is appeared in the right time in the year of the world's financial crisis (2008), it's decentralized and bitcoin users are only people who can control bitcoin.
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This idea would be popular among bitcoin believers and only in the case of big price. If bitcoin would start to fall down many users would hurry up to take their coins back to cash it out while the price is not so low. And that would ruine your bank.
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Signature campaigns can give you really good money with some higher rank, but today this money that I make from the campaign I use for gambling. I am playing poker on one site and from time to time my winnings are really good. I would call this playing as my the most source of money today.
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Every day it appears many of new coins. Some projects are innovative, other projects are managed by people who only wants to make money out of the air and just for fun. Such cryptocurrency was DOGE which was created from the funny picture of the dog in 2013 and it still alive and attracts many investors who wish to repeat the success of those people who invested in bitcoin in the most first stage of this currency. I would call this cryptocurrency as the most worth to buy today.
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The price for gold is growing much slower than for bitcoin's price> so bitcoin will cross gold's price very soon, maybe this or second month already. Bitcoin and gold have many things in common and i think that the high price is going to be something common as well.
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Bitcoin was the first crypto-currency which changed the world. After that appeared many other altcoins , some of them are dead already and some of still exist. I think it's pretty possible to another currency replace bitcoin, something new that clear up all mistakes of bitcoin.
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People who buy bitcoin don't look very much at the bitcoin price because they are going to spend them so if the price increases a bit then it brings a little profit to them.
So the same would be if the bitcoin price would be stable for years because some making bitcoin transaction sometimes is much easier than dealing with fiat online.
Thank you...
That's not true that people who buy bitcoin don't look on it's price. i think exactly such factors as decentralization and high price play the main role for bitcoin's popularization. I would leave bitcoin in the case of low price and if the price would be high as today I would stay in this even if bitcoin would get stable.
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