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I know this subject has been looked at before but with the speed at which the cryptospace changes I felt the subject deserved a fresh look, and why not obtain that fresh look from the experts that are currently at the forefront of using crypto, namely all of you here on Bitcoin Talk forum. I know there will be a time when it will not be necessary to change from fiat to crypto and vise versa. Hell that time may already be here. If the time has come where that exchanging of one to another is no longer necessary then i definitely need an update because that would save a lot of time and money. So if you would please share your insights and knowledge with the rest of us on what the most efficient way you have found for  1. avoiding the whole exchanging from crypto to fiat to take care of financial responsibilities out side the Crypto-space  2. what is the most efficient and cost effective way you have found for the exchanging of crypto to fiat? Please remember that ideas are awesome and helpful to further a subject so please do share yours, but with that being said please remember that lots of people that read this may be new to crypto so please do include details and specifics such as names of places, cost and special steps that maybe needed to accomplish your way of doing something. I want to thank you all in advance for your participation and for all that you give on a daily basis to help improve and add to the Crypto-space. That ain't about the central vs decentralized but is actually about the fact of which the first is more convenient, if I get to convert my crypto foreign currencies into fiat directly with a good payment and done easily I would but what is more convenient for me? the most reliable and simplest method for now is to first convert them into Bitcoin and then into local currency not since there are no purchasers or companies accepting them but because the least difficult way is to just forget about finding the right people to use the cash directly without needing to exchange to fiat at all, thankfully Bitcoin is heading the right way where we always desired it, having the potential to only make use of it as the mainstream currency. |
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With scammers everywhere wanting to capitalize on one's lack of knowledge, how can I idenify which mining opportunities are genuine to avoid falling victim to scammers. Help out with whatever knowledge and experiences you might have.
I believe you're talking about cloud mining. IMO you should waste you money in cloud mining, it's not worth. With normal exploration with antminer or asicsminer you will have to spend around 2 years to be able to take all the money you invested in gold mining back but it'll be longer if you use cloud mining. Beside there are a lot of scam cloud mining so it's not easy to learn a truthworthy one so you should better stay away of cloud exploration and try to earn from a few other way like trading, buying ICO job or maybe holding. |
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Client in the set of banning bitcoin. Earlier China shut down a major mining pool. This really bit damaged bitcoin growth while this happened. But if you look at on the other hand, we have other new countries like RUSSIA and ASIA have adapted bitcoin within their countries. They legally declared and accepted bitcoin. Bitcoin growth is going to affect the country economic climate. You can take this in two ways. This kind of would affect current fiats value, or if bitcoin is accepted, the respectable country is going to have a massive progress in wealth. Not only the country, but also the citizens as well. |
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Hi,
Hope I posted in the right board and totally new to this investing bitcoins.
I got under 0.1 bitcoin lending on poloniex but rates are too low for a good return.
Where is the best place to Invest bitcoins with the best returns and lowest risk?
Thanks,
You can not find investments with high return and have less risk. Those investments with low returns are the safe once. Simply put, those investments offering higher returns are those Ponzi sites or the con sites. They are offering those kind of things as a way to attract more investors then run. About the other hand, legitimate investments offer low go back as they are computing the right dividend to spread to its investors exactly structured on your invested capital. I suggest you commit your money in trading, this involve high risk, but will depend on your skills and information about the gold coin you are trading. Yet later on, will surely give you profit as you master the right timing on where to sell or buy. |
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I was a little bit of trouble getting my bitcoin, karna is still new, please help master  What about enrolling for a good class that teaches, one to write in English language. Secondly if you are asking do you need capital for purchasing Bitcoins, then yes and no. Yes cause that's one way of having your cash. No cause there are many way you can earn it totally free like join unsecured personal campaign out here, sell some services or see which service you can take, go in hand out competition so many ways. But this is my assumption you want to know this. |
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I' m new here only 1 month but I want to contribute for newbies like me, I will not post any ref link and hoping is not against rule of the forum. (if is it please tell to me and I will remove the post, or if it is against the forum rule @mods delete it). A lot of website faucets are around the web where You can grab some satoshi (0.00000001 BTC) but you need a lot of works if you don't know what to do and after few days you will lose your mind if you try everything, so I bring my experience here and i will not post any ref link.So the best way is to select the bests sites and don't go crazy about them just do what I will post and You will be fine, remember 200k satoshi is reasonable amount work/month worth 30$ ATM. You can transfer on wallet, hold, whatever you want. We will use sites that's pay directly, they are the best one and the less boring! Things to do: 1* Create 1 Account on CoinPoit https://coinpot.co, we will use this site to collect our cryptos, from here you can send your faucet profit on your wallet if u want or exchange them in BTC core (normal bitcoins), BTC cash*, Litecoin , DogeCoin, Dash. ( *ATM no faucets available) We will focus only on 6 Websites http://moondoge.co.in/ DOGECOIN http://moonliteco.in/ LITECOIN http://moondash.co.in/faucet DASHCOIN http://moonb.ch/ BTC CASH update 14/02/2018http://moonbit.co.in/ BTC core http://bonusbitcoin.co/faucet BTC core https://bitfun.co/ BTC core Very important thing to do, USE the same mail on coinpot on those websites to get everything on the coinpot account. What to do on those web sites. -Do the normal faucet when you want, more times you do more currencies u will get. You will get more crypto if u do 5 times/day than 1 time on 1 day. Especially on first 3 sites. -Now the important thing, on last 3 websites you can go on the section OFFER, and do more things, You can do surveys! they are the best income, you will get even 10k+ satoshi for little work. When You complete the offer 95% of times you will get the coins after max 5mins on your coinpot balance. Sometimes You will have not reward for surveys this sucks but keep it on. I' ve personally done 450k satoshi in 45 days here the screen, I'm currently testing 2 other websites but until I have the proof pay I will not post them. https://puu.sh/yCbwH/e9467e8c04.pngAgain i have post no ref link If You are crazy to give me something you can find my BTC address on profile  . If u Have any question about this please ask i will here ASAP. Faucets at home are waste of time m8. I wasted fifty percent year of my life solving captchas and i also was fooling personally which i is earning money while I was earning things. Better find other things to do such as trading/mining/signature campaigns. |
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I truly think it will not totally end poverty, because if a person will not have such knowledge in such feat I do think it is very impossible for someone in order to invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, This will really take a serious teachings to someone to really understand bitcoin, well a 12 365 days old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get out of bed to poverty We think poverty will never end even in the richest and most significant countries will always have thankfully.
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Really want to? They have risked their money with it knowing whenever that it might be down quickly or even having faith in it when it was actually worth nothing. At the end the actual endangered have really repaid for them and there is nothing wrong with this. They are the people who supported Bitcoin and didn't tune in to the bad things many people are telling it. Any person who tried to risk their money in order to earn money deserved their revenue. I don't even really know what you are seeing incorrect with it.
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
A large number of people use TA in deciding when to buy or sell in cryptomarket these days. You can include myself to those people who make use of it and include it in their trading strategy. This has get a norm in every trader and mostly provide insight in their decisions about the directions of the market. You must be aware that this is not 100% fail-proof analysis. KONSTRUERA just provide you some useful information that can help you in your trades. There are many factors that influences the success of your deals and you shouldn't entirely rely on the data being provided by PLOCKA. Do an comprehensive research in each and every detail about the or maybe which you have chosen. |
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Trading has not yielded the results I was looking for, at least not yet. I seemed I came up with a trading system that worked and i also was making money but there was 2 problems that has made trading difficult.
1) One exchange We were using was Cryptsy. That exchange went out of business and would not let be pull away my coins, so they were lost. The lessons is don't trust exchanges.
2) I set requests high for sells so I can make a good profit and then rebuy lower. The problem is that Bitcoin has risen so high that my sell orders went through but the price kept rising. Then it was hard to find an entry point.
For these reasons, I only do a little amount of trading and I mostly maintain.
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Bitcoin, couse i like it Bitcoin |
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