i don't know about bitcoin in about 1 year ago, until my friend come to me and introduce bitcoin to me. he tells me that he got something to do with his projects, and later he tell me that we all can make money with "this" then he send me his bitcoin to me to make a proof that we can make money from bitcoin.
after that, i realize that what he show to me is real and it can be done by we involve inside bitcoin. he teach me simple trading methods and play faucet, bitcoin and altcoin, cloud mining and hardware mining, and then i learn by myself until now.
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Yes, I agree that everyone loses in the long run. The reason for this is because even if a gambler is at positive profit, he'll still continue betting because he's addicted to it and thinks that he'll eventually hit the jackpot.
and if this is happen, then it will need a time when he realize in someday that he loss everything. its true that if we are gambling in the long run, we can loss all of our money. so better to play in short time or we have to choose to not to play gambling for the safest thing that we can do.
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Been searching all day today to figure out the best place to transfer $$ in my PP to bitcoin. So far i've found localbitcoin and atombit to have outrageous rates and low limits I have a verified paypal account and am willing to work with anyone to exchange it over time in incriments until trust is built (little by little to larger and larger) Obviously this is my first post and may look sketchy, I simply just don't exchange Paypal to BC often so I never go on forums. My usual form is using a BTC machine downtown with cash. Appreciate any feedback if you have $1,000 in your Paypal account, then is you can search for several localbitcoins like 3-5 people and then you can buy from them, but make sure to nego the rate first before you buy bitcoin from them. i think you can get lower rate between one seller to another seller.
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i am prefer with gambling online because i don't need to walk away from my house and beside that i can use my time for anything thing. but sometimes i do gambling offline with my friends and its feel fun while play gambling, we can talk everything with others.
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my investment strategy is first i collect btc as much as i can, from free source or i buy bitcoin. then if i only can collect like about 3-5 bitcoin, i will use 2,5 btc for trading and hold some altcoins for a while and waiting for some good price from altcoins.
in other 2,5 bitcoin, i will hold it in my wallet for long term investment, i think it will makes me a good profit in future to hold bitcoin because the rate from time to time will be up.
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I think that Bittrex is a save website and I am using it already it long time. If you use 2FA it's much more secure than without... at all I recomend using Bittrex and there hasn't been any hack I know. yes, don't forget to activate 2FA on bittrex. i think bittrex is safe and secure, i was on bittrex too beside on polo. bittrex have much of coins, i think bittrex more larger than polo.
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i think its a few customer that use bitcoins, because they are really don't know about bitcoin. and if customer that you mean is us, then i would say that we use bitcoin because we know that bitcoin is like an investment, and we can make real money with bitcoin. beside that, we can use bitcoin to send and receive in short of time.
beside that, we can buy something by online with bitcoin as our payment. bitcoin can make our life simple.
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my contribution to bitcoin until now is just to make buy and sell bitcoin with altcoin, because i am not sure with what i've known, so i think i will do trading for right now, maybe later if i am confident and know much of bitcoin, i will make contribution.
oh btw, i introduce bitcoin into my friends, and they are interesting with bitcoin and ask me, and i try to explain to them what i know about bitcoin, and the rest, i told them that they can search by internet or they can visit into this forum, i think they understand for what i am explaining last night.
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Do you always missed the right time to sell or buy bitcoin?
sometime i missed the right time to sell and buy bitcoin. i think its because i don't really understand when the right time to sell and buy, because when i sell that i think its the high price, but in the 10 minutes later, the price often going up again. this is happen too when i buy bitcoin. i think its really in the bottom, but i am wrong, its going to go in under the rate when i bought. but i am not sad, i consider that is my lesson and i hope i can fix my trading way, so in next future i can make little missed rather than what i usually done.
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A friend of my i introduced BTCbitcoin to in 2014 now want to invest $2,000,000 into bitcoin mining and his is asking me is bitcoin mining is still profitable?
I have drafted out my own list but i want advice from you all
This are some question he still asked me..
How much can he make from mining? and what are the list of equipment we need to buy with the $2,000,000 for us to start mining?
What will be the monthly revenue? What will be the yearly revenue? Cost of maintenance?
TOTAL COST OF ELECTRICITY MONTHLY FOR ANY COMPANY OR INDUSTRY IN MY COUNTRY IS $4000 (electricity is cheap here)
Land (Space) have been bought by him
Wow That is a huge amount. but you must be carefull to choose minning site because there are so many minning site was a scam. I preffer like to do trade to gain my money, with that amount of bitcoin I will easily get enough profit although just sell my coin in a few above of price that I was bought. $2,000,000 is a big money, you should careful before investing big amount. my suggestion is you can investing for only $500,000-$1,000,000 because we are not know what will happen in future. with that $500,000-$1,000,000 you can buy hardware s9 like about 5 hardware-10 hardware, and you can build farm mining with using new PC like about 3-5 PC with each motherboard with support 4-6 vga cards to mining eth, and then if there is still money left over, you can buy bitcoin and hold it for half, and for the other half, you can use for trading. i hope you can get success with your investment. What will be the monthly revenue? for 1 s9 a day = 0.285 BTC monthly = 0.285 BTC x 30 = 8.55 btc if you have 10 of s9 = 8.55 btc x 10 = 85.5 btc What will be the yearly revenue? for yearly = 85.5 btc x 12 = 1026 btc 1026 btc x $650 = $666,900 in one year Cost of maintenance? $4000 x 12 month = $48,000 that is just for s9, i am not understand how to calculate for mining etch, maybe its like the same as calculating for bitcoin. you can search in search engine and read more to know the calculate. i only try to calculate with todays condition, i don't know what will happen in next one year, but with my calculate, you can make your ownself calculating and you can make your decision. i am sorry if my calculating its wrong because i don't mining with any hardware, its too expensive for me, i only try to make sample for you and i hope you can do the calculation with yourself.
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i will withdraw 10 bitcoin and i will hold the other and maybe i will use 3 bitcoin for trying to trading, because i know that trading can help us to grow our bitcoin and we can have other altcoins with buying some amount. i wonder, when i can have 21 bitcoin? hmm i was curious about this, maybe let the time will give the answer.
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i know bitcoin is about 6 months until 1 years ago, if i am not wrong, but i am not yet know the details of bitcoin. and maybe we are here know about bitcoin in long time ago and we don't take too much attention on bitcoin, so in nowadays, we are regret it that why we are not use bitcoin since we know bitcoin. this is happen to me for sometime but now i am ready with bitcoin and i want to make money with bitcoin.
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i believe that bitcoin have a good assets in future. because i see for todays, many people is interesting with bitcoin and they really want to know more about bitcoin. and i think bitcoin will be survive in future. the more people know and used bitcoin, the more grow bitcoin than we all know already.
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i am not yet sending my bitcoin into everywhere beside hold it into my wallet except for make withdraw to my friends and i prefer to receive bitcoin rather than sending bitcoin
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i am afraid that there is no other way you can do, because what i've read, if one transaction is made and its show in the blockchain, then its can not to be undo. but i don't know if there is another way to recover your bitcoin.
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i love bitcoin since i can make my first withdrawal in about $30, i know its not much but its really makes me smile and i can tell my family that i can make money with bitcoin. i don't know about the blockchain technology, the only thing i care is how i can make money while i am online. this is my main purpose and i really like that bitcoin is help me to do this.
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You can do trading with it, but I advice you to use only part of your bitcoins for this purpose. If you want the safer way, just hold your bitcoins until the price of it reaches a better level. And I don't think it's a good idea investing into gambling websites.
Yeah ,trading is the best way to spend that amount ,just take aside the 2btc amount on your bitcoin wallet and wait for a sudden mark up of bitcoin price then convert it when its low again covert again to btc that was a great thing to do. Trading is a high risk investment but it's better than to gamble as i've experinece .but all depends on the game and it depends on what this two options have a great income for the investor. agree with this so we still have 1 bitcoin in our wallet for in case something is happen to us. i learn about trading that could help us to make our bitcoin grow and i am trying to do this. i hope that i can get profit from trading too like others.
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i read on other thread that there is porn website is accepting bitcoin as payment and maybe i am prefer to see video and live show i like the natural and watch the girls doing their activities.
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i think i will just hold my bitcoin in my wallet, because right now i see on poloniex and other market, the rate of bitcoin will get down and i am not sure until where its going down. so for me, better to hold it for a while and waiting next movement of the price.
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i think and if i am not wrong in remember, i bought bitcoin in 3 months ago but i am not sure. i only bought about $15 in my friends because he is selling and buying bitcoin. and until now, i think i am buying bitcoin is only for 1 times.
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