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Mining is the extraction (removal) of minerals and metals from earth. Manganese, tantalum, cassiterite, copper, tin, nickel, bauxite (aluminum ore), iron ore, gold, silver, and diamonds are just some examples of what is mined.
You are totally wrong man! You have described about the digging process. But here, we do not discuss about it. This mining means bitcoin mining. Try to understand the questions first then give the answer. You have bring the earth here. But it is all about Bitcoin. As you are a newbie, you should work and learn more about this Bitcoin forum, understand it and then give the answers. Do not write anything that is not related to this thread. Otherwise, you can be banned by the moderator of this forum. Now, come to the point. Bitcoin Mining is a process of the transactions which are distributed in the Bitcoin Network. It is stored in the Blockchain. It describes about the confirmations of the payment of the Bitcoin Network. If you want to know more about it, you can follow the link below. I think it will help you a lot and guide you about Bitcoin mining. And also let me inform you that it is not available in every country. Link : https://www.youtube.com/watch?v=j7opj5-32hw |
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Check for the Price of Bitcoins when it's low, then buy. Sell it when you think its in the brink of highness.
First of all, it is not a solution what you have given. It is not proper. Then i would like to inform you that there is no chance to low the price of Bitcoin. If you check the recent trends or news, then you can come to know that Bitcoin price has recently increased above 3k suddenly. It is a very good news for us. So, if you wait for the proper time of buying Bitcoins in a low price, then it will be a very foolish work. And also to invest your money to any of the sites. Because, the sites are scam. You will be cheated and will loss all of your money. So, i will advice you as you are a newbie, you should first gather more knowledge and experience about Bitcoins. Then, it will be easy for you to know about it better. After that, you can alone decide what is best and either you should invest or not. |
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There are many faucets which gives a good amount but it cannot be withdraw. So, i want to know, is there any actual faucet? Or all those are just scams? I have visited in many faucets but not yet get paid from that.
If anyone of you know about it, please let me know and help me. Could you withdraw any of the faucets? If you have, then tell me which faucets are real?
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Since you are a newbie, i think, first you should gather more knowledge about bitcoin forum. Then , you should read the threads thoroughly that can help you to go ahead. After that, think about all the earnings. Because, without proper knowledge of something, you cannot get the proper idea about anything. So, keep working hard and know the things first.
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No, if bitcoin had a stable price, them it would not be still as popular as this time. Because people are dependent in bitcoin for the variation of the price day by day. So it makes the people to think about more money for the increase of the rate. Though it has gained many popularity, but still the rate of people will not be as popular as now.
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I have heard and also read in various threads that mining is too risky. The invested money can all be gone with a blink of eye. Actually i am not sure wither i should do it or not. If i invest, then is there any chance to loss all the money?
If i invest, then what should be the amount first?
And in which sites would be better to do mining?
You are talking about cloud mining... In this case, yes, 99% of the cloud mining companies are scams. The rest sell you all their risk for a small part of the profits... Actual mining is completely different: if you do all calculations and risk assesements beforehand, you're reasonably safe Thanks for your suggestion. But can you tell me that from which sites i should start safe mining? |
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I have heard and also read in various threads that mining is too risky. The invested money can all be gone with a blink of eye. Actually i am not sure wither i should do it or not. If i invest, then is there any chance to loss all the money?
If i invest, then what should be the amount first?
And in which sites would be better to do mining?
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Is this site like xbtfreelancer going to work well? I mean, am i going to get work and get paid from this site like other sites? For example - upwork.com, freelancer.com etc. Is it that popular?
I need some suggestions, then i will start to work on it. Thanks.
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Nope, we need both cryptocurrencies as well as regular currency. The use of cryptocurrencies are valueless without the use of internet. Rather than regular currency is always available. So, if the cryptocurrencies become the legal one in the economy then it can be better one one day. Otherwise, there is no guarantee of it that either we can use it safely or not.
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I see that to date, a lot of people are beginning to be interested in Bitcoin. I myself became an involuntary witness of how several people from my society also began to visit bitcointalk and were interested in crypto currency. Of course, this is my credit, because I constantly talked about what I do.
A forum can not change the situation. A lot of people too high hopes for the promotion of bitcoin through the forum. It seems to me that the popularization of bitcoin can only take place through earnings. The more proposals will be on the network the more supporters and users will have a bitcoin. Yed a lot of people are become interested about bitcoim. Bitcoin actually spreading its good news all over the world. Even me, bitcoin has been added in my daily routine. So this is really become popular, however young people has the choice go all in bitcoin. This may help them to earn here. I admit that. If the young generation come forward, then it will be good for the development of the world's economy. SO, this site should be more popularized by us and tell the young people to do something by bitcoin. Thus, the success can be brought. |
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No. I don't think so. Bitcoin is not the strongest currency in the world. There is more to gain popularity as well as legality in many countries. But, if Bitcoin be the strongest currency in the world, then it will be good for the economy and world.
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If i have a lot of Bitcoin, i will spend some of it and save some of it. Like i would like to gamble from some it. Then i will invest it for trading. Moreover, i will wait for that time when the amount of bitcoin will increase and then sell it.
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