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261
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Bitcoin / Bitcoin Discussion / Re: What is the future of Bitcoin?
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on: January 05, 2018, 05:18:40 PM
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There is wonderful future of Bitcoin because you will earn here a big money. Bitcoin can really sustain our daily needs and help us financially.
Yes, I agree on you. Bitcoins future will be more wonderful and becoming more useful for everyone. It can sustain our daily needs. Bitcoin helps many more people and for the future Bitcoin will be more successful because of many people who are still using this to help them on their daily needs or to support them financially. Bitcoins future will be more successful and it an be more useful to everyone who works here. The future of bitcoin is fully safe and secured.It can be possible that later in the future it can compete with the paper money but not in the near future.Bitcoin has become the hot topic in today's date and more and more people now want to join bitcoin.By seeing the growth rate of bitcoin in the nine years,it has establised itself well in the market.It is the leading cryptocurrency and its price is increasing day by day. |
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262
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Economy / Economics / Re: Bitcoin reduces unemployment
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on: January 05, 2018, 04:19:05 PM
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
I think bitcoin can reduces unemployment because bitcoinn can gives us financial needs like real job. the different of bitcoin and the real job is. In real job we need to work 8 hrs. But in the bitcoin we just need accomplish the goal of the ICO and others. That bitcoin help people to have a paper money with alternative way. Yes bitcoin can reduce unemploment.It is a great platform to earn money and that too in a less period of time and in an easy way.You just need to post on certain topics when you have joined a signature campaign.You are paid weekly.Bitcoin is just like a pocket money.Those who are jobless must try bitcoin.You just need to have an internet connection to operate bitcoin.Today most of the people know how to use the internet so it is not a big deal. |
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263
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Bitcoin / Bitcoin Discussion / Re: Btc good experience for young people
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on: January 04, 2018, 06:03:57 PM
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Hey, I'm not old but I'm closer to old than young. I was fortunate to get into the stock market early and even a couple ipo's which led me into real estate etc. so now I'm in crypto, follow it, read it still trying to figure it out. Anyway, although everyone is now talking Bitcoin I think this story has sent a message about saving and investing to younger people. I don't think speculation is a good lesson but the ability to do more with ur money than spend it or gain no interest in a bank account is a good thing and I only learned it by listening to others as I was making my way.
I don't think btc is the answer to everything and it could even crash, that would also be a lesson, but the US population in general does not save a lot of money, perhaps this new development could help change that.
Bitcoin is one of the best investment to save the money. You have some knowledge in Bitcoin but not fully analyse the cryptocurrency. First you should differentiate the cryptocurrency and bank account. Because both are different in saving money. This should pumping and dumping in anytime. But bank account should maintain a constant value. Some interest only provide the banks. So cryptocurrency is not provide any interest because it value is define by crypto market. This should be easy to handle in anywhere. Yes definitely it is a very good experience for not only the young people but for adults also.It is a very good platform to earn money in a short period for the young people who are eager to earn money.Today young people are very literate and know how to operate internet.Signature campaigns also pay decent payments.If you are into bitcoin then you do not need any pocket money from your parents.You can live your life independently. |
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264
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Economy / Economics / Re: Do you think billionaires invest in BTC?
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on: January 03, 2018, 05:32:14 PM
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Billionaires are business minded they will invest for what is profitable and popular that is why I know they also part of the reason why bitcoin is now on the highest state in it's history.. We can't find any proof or documentation about it but only if they announced it on public that might happened someday.. Agreed with you, they might have invested into the bitcoins but no one is aware of it. But we have seen in the past, many top business leaders has praised the concept of cryptocurrency, specially bitcoins. some one has knowledge about this. Otherwise mostly people think that they don’t have any need of investing into bitcoins. But I believe they are greedier than common people and are always in search of methods through which they can increase their money. They are the whales of the crypto world. Yes definitely billionaires invest in Bitcoin.The billionaires know about the market really well.They have strategies to earn money in a short period of time and without engaging themselves in losses.The billionaires know that the Bitcoin is the leading cryptocurrency today and it can give them very huge profits.The quality that billionaires have is there is risk taking factor which an average man lacks and here comes the difference. |
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265
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Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ?
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on: January 03, 2018, 01:43:43 PM
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Regardless of what bitcoin's fiat worth is there will always be enough to go around as 1 bitcoin is divisible many, many decimals/values. For this reason I say yes bitcoin will be around in 100 years. The only question is if it is still profitable for miners but I presume it will be, maybe somebody could clarify this.
It could still be profitable to miners. Some of the things I have read state that there will be so many people using and transacting with it that the fees will be really really low, but will make up for it. It is also possible that if miners drop out or cannot profit the difficulty could go down. 100 years from now though I would Imagine BTC has Hardforked multiple more times and people are using different versions. I think they would just use the BC altcoins and use a service like shapeshift to conver if they need to buy someting from somewhere that doesn't take that BTC altcoin. the interesting thing is that HF may be useful in decreasing network hashrate. If more and more hashrate goes into other BTC altcoin clones/Hardforks it would be interesting to see how that plays out. First off, why would you think so far ahead. I mean 100 years is still so far ahead that whatever happenings that would probably take place in the moment in time, won't even have as small as a ripple on what is happening to us now. But to answer the question, I think it can survive, but with the support of the people and the continued dissemination of knowledge, and continued use and patronage of people. If all these factors would converge, it would contribute to the continued existence of bitcoin or cryptocurrency, in general. Anything can happen in hundred years.Bitcoin is doing very well in the market.In the last nine years it has gained a lot of popularity and still its demand is increasing day to day.But still there are other cryptocurrencies and altcoins which are doing very well in the market and have a lot of capability.But people have faith in bitcoin so many invest in it and expect the price rise a lot. |
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266
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Economy / Economics / Re: 1Bitcoin as a gift from someone
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on: January 02, 2018, 04:41:14 PM
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
Very interesting question, if I were given a chance to have 1 Btc, I would simply hold it and wait until the price would get higher, as we all know that 1 btc cost tons of dollars already. I will keep it and make sure to sell it on a good price and perfect timing. All I can say is hold it. Yes if someone gifts one bitcoin then that person may either be very rich or he or she is very foolish.This is beacuse the price of bitcoin is very high in today's date.One can start his or her own life with such a huge amount.The person who received that huge amount can invest half of the amount for investment purpose and half of the amount can be saved for future purposes. |
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267
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Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency?
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on: January 02, 2018, 04:01:56 PM
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Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.
Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.
Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.
I partly agree but not with your conclusion. Ripple might be better with transactions, but what about privacy and decentralisation? Shouldn't we look for a good replacement? I don't think so that Bitcoin can be replaced by any other cryptocurrency because Bitcoin today is the leading cryptocurrency and all the other cryptocurrencies altcoins are regulated with respect to Bitcoin.There are many investors of Bitcoin who daily invest in it.More and more users are joining Bitcoin as a profit margin is very large and they receive their profits in the short period of time.It has established itself in the market and is known by many people.Whenever there is topic of cryptocurrency.the only name that comes to mind is bitcoin only. |
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268
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Economy / Economics / Re: Can Bitcoin End World Poverty?
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on: January 01, 2018, 12:43:17 PM
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I also agree with the idea that Bitcoin will be able to eradicate the world's poverty, but how can we do it? While Bitcoin is still considered illegal and prohibited in many countries? And Bitcoin's ability to eradicate poverty is also difficult because in the world many people are unaware of technology and commercial electronics. No bitcoin cannot end world poverty.It can reduce unemployment though.It is only a money providing opportunity for those who know how to use it.Firstly,it requires an internet connection which cannot be available to every person and every corner of the world.Many are still illiterate and depend only on physical money for their daily transactions.Bitcoin is also complex and not everyone can operate it.It needs hardwork and time. |
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269
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Economy / Economics / Re: Electronic Money vs. Physical Money
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on: December 31, 2017, 05:56:48 PM
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Actually it's totally different,
even though its name was Cryptocurrency,we can not compare it to actual money aka Fiat.
if we want it to be considered as a 'real currency' we should have a physical form.
right now the best word to describe it is 'Electronic Payment' not 'Electronic Money'.
'Electronic payment' was a tool for people to help them send their money across the world,
it's just a tool and will never replace the real 'money' itself.
I think it is more stable to you physical money, becuase in electeonic money you need to create a wallet, amd a lot of thing you need to create, in physical money you only need is put it in your pocket, and if you need to buy things you have a money in your pocket, Definitely physical moneyis the winner.Electronic money is only used by a minority of people.Physical money is being used by the whole world.It is accepted internationally without any controversy.Electronic money needs internet connection which cannot be provided everywhere.Electronic money is also very controversial due to its volatile nature and it is decentralised too. |
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270
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Economy / Economics / Re: Can cryptocurrencies make physical money disappear?
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on: December 31, 2017, 03:32:41 PM
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
Well in my opinion, there is a chance that this will happen in the future. But for me, i really against this chance. Cryptocurrency really depends on a computation and a network power. People need a basic thing for that such as smartphone and internet, to use the bitcoin, but not all people in this world have that basic things. So the better option in my opiniom is for these 2 currency, fiat and crypto, to get along well in the world. No this can never happen.Cryptocurrencies cannot compete with the physical money as physical money is used by all the people of the world.Cryptocurrencies need internet connection to come into use.Cryptocurrencies are not even legalised in any nation.But physical money is internationally accepted and does not require any medium to get used.You can use them anywhere amd anytime. |
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271
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a currency?
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on: December 31, 2017, 07:33:54 AM
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Yeah the fees are way too high and the tx times suck but it doesn't change the fact that it can still be used to pay for things.
If people and services start adopting SegWit, the fees needed to move value will decrease decently, but as long as SegWit adoption isn't picking up, people will still be subject to the current higher fees. Easy option I would say. Also, transaction times are pretty much near instant in most cases, so that's not really a problem. What you are referring to are the confirmation times, and yes, they more often than not work on people's nerves, especially in times where a higher fee translates into your transactions being included in a block sooner. In order to choose for a workable temporary solution, make use of SegWit.... If it isn't a currency so how can we call it then? Could you tell me further what's segwit is all about in the easiest term? Normally,I just read information but now I can see better information from real people in here. This could be a good source byfar. Just in my opinion,I think it will be a currency someday if accepted in government. Let's wait and see then. Yes definitely bitcoin is not a currency.It is a cryptocurrency or digital currency.Currency is physical money or fiat currency like dollar.Physical currency does not require any internet connection to operate it whereas bitcoin requires internet.Bitcoin is not even legalised and is decentralised.Warren Buffet also does not like bitcoin and says it is untested.Many governemnts also speak against bitcoin too. |
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272
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Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin
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on: December 30, 2017, 04:28:55 PM
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For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
There is so many advantages in using bitcoin. First is that you can buy the things that you want because bitcoin is money a digital money. And alsp the payment system is fast because it can be access online so i can simply say that when you buy stuffs online you can pay it fast through bitcoin. And also bitcoin is profitable, you can earn here using you own knowledge and also with the help of your gadget and internet connection to access bitcoin. Yes there are some advantages of bitcoin.Today Bitcoin is the easiest and the fastest way to earn profits or income.Since it is decentralised,no taxes can be implied on it.So the user gets full profit returns.Investing in bitcoin gives us huge returns in a less time period.Since digitalisation is going on,payments from bitcoin can also be made at some places.If you have some bitcoins already then you can save them for future as prices are expected to rise further. |
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273
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Bitcoin / Bitcoin Discussion / Re: Why is there such demand for Bitcoin?
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on: December 30, 2017, 03:51:45 PM
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Bitcoin has become a scarce commodity because there is a limited supply and fewer mined each year. The original demand is built from it being a way to store funds and a way to send funds anywhere in the world without relying on a bank or government. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money. from my views the such demand for bitcoin is because of the price of bitcoin which was countinously increases and also increase in the future also which attract the people towards self. Bitcoin helps the people for online transaction and transfer of money from country to another country without involment of third person therefore the demand for bitcoin towards the people is increasing. This is because bitcoin today is the easiest and the fastest way to earn money.If someone is investing in bitcoin,he or she can get huge profits and that too in a short period of time.The signature campaigns also pay us decent amounts.You just have to post on different topics in the given time period and you will receive the paymemts.You are paid accordingly to your rank.So higher rank,more will be the payment.It is the leading cryptocurrency in today's date. |
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274
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Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear?
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on: December 29, 2017, 03:41:03 PM
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I don't think fiat can be replaced and will disappear because of cryptocurrencies. More and more people are now accepting and investing in bitcoin and other cryptos but there are also people who doubt and keep sticking to use fiat money as investment and as a currency, for them it is more convinient and much better way to transact than using internet and smartphones or laptops in order to transact. Also we can't deny the fact that there are also people who do not have idea/know what bitcoin is and how to use it. And also government can't have access to bitcoin that's why they won't let it replaced fiat money that they control.
No this can never happen.Real money is used by all the people of the world.It is accepted internationally.It does not require any internet connection to use it.It can be used anytime and anywhere.Bitcoin is not legalised in many nations and moreover it has also been banned in some nations.Not everyone knows about the cryptocurrencies.People only depend on physical money for day to day transactions. |
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275
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Bitcoin / Bitcoin Discussion / Re: Can bitcoin be more profitable in the upcoming years?
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on: December 29, 2017, 07:48:26 AM
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
Of course it is possible for bitcoin to go more and more high. Bitcoin value is unpredictable and it goes beyond everybody's expectation. So, if bitcoin hits on 2017, it is possible to double, triple and multiply its value by 2018. The bitcoin road map and community shows how people accept bitcoin and make it part of their daily lives. So, I believe that 2018 is greater year for bitcoin. The bitcoin supply will be wider with a limited amount. bitcoin will skyrocket every year. As much as altcoin wants to adjust to bitcoin volume, people still choose bitcoin. As we know investors will buy more bitcoins during hardfork and next year is the hottest hardfork season Till date Bitcoin is the leading cryptocurrency and it has given its users huge amount of profit and that too in a short period of time. Although its price has fallen recently but it is recovering very fast.2017 can be considered as the Bitcoin yaer.The people also hoping that 2018 will be the year of cryptocurrencies specially Bitcoin.More and more people are now investing in Bitcoin due to the profit returns. |
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276
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Bitcoin / Bitcoin Discussion / Re: How the future of bitcoin will look like
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on: December 28, 2017, 04:32:23 PM
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In 2017 bitcoin made a remarkable progress, in the end of the year it has come down to $14000 mark. If you look at the past of bitcoin it has made a constant progress, its price is rising continuously. I think same will continue in future. According to crypto experts bitcoin have bright future provided it will make some changes. Many countries are banning or planning to regulate bitcoin for security reasons, if this happens bitcoins autonomous nature will get disturbed. Bitcoins transaction charges are increasing with bitcoin price, bitcoin investors are not happy with these chares. In future these things may affect bitcoins popularity.
Changes are inevitable specially in a volatile market like cryptocurrency. Many competitors are now making platforms that want to surpass bitcoin. Why just surpass bitcoin? Developers of blockchain must work together in improving its performance which can make it more competitive in the market rather that pulling it down by other alts. Bitcoin will be the most resourceful crypto in the market if that will happen. 2017 was really a good year for bitcoin as it made a remarkable progress.Its value touched $15000 at one point.Though it has fallen a bit but it is recovering.No of users of bitcoin are increasing after seeing its potential.The developers of blockchain are trying their best to maintain and develop bitcoin.It is the leading cryptocurrency today and all the other cryptocurrencies are regulated with respect to it. |
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277
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Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin.
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on: December 28, 2017, 03:06:14 PM
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Simply because fiat is widely adopted and bitcoin/cryptocurrencies are not. But that will change  Yeah! There are maximum chances that bitcoin is going to take over typical currencies because they are unable to cope with fast world. Cash is not at all better than bitcoin because if you keep it for long time in bank or in your house, it is not going to increase in value the way bitcoin increases. Moreover bitcoin is easy to carry and assess whereas this is not possible with cash. You can easily get robbed when cash is with you. Cash is always better than bitcoin as cash can be used anywhere and anytime.Bitcoin needs an internet connection and also some basic knowledge about how to operate it.Cash is used bt all of the people of the world.Bitcoin is used by only a small percentage of people.Cash is under the control of the government but bitcoin is decentralised so bitcoin is not legalised in many nations. |
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278
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Economy / Economics / Re: Easiest way to make BTC?
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on: December 28, 2017, 01:04:22 PM
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Yeah, what's the easiest way to make the most BTC? I remember a pal how he made some currency to 1 BTC in an evening, something with Amazon. But I guess such things are gone.
Daytrading right now but I am not that good at it. Bots? Do I have to make my own?
Inq my experienced, I earned Bitcoin thru trading and joining in Bitcointalk. In trading, I just bought Bitcoin from accredited stores and starts trading. I usually wait for the price to dip and I will buy at lower price and hold. Once, the price is rising, I will sell my Bitcoin as I've reached my desired earnings. Just buy low and sell high as the basic strategy. In Bitcointalk, I am so grateful because I earn on a weekly basis thru Signature campaign wherein I can help other people on theirs questions and at the same time I am learning a lot because I need to do a research and study so that I can answer their questions accurately. Bitcoin really helps me and other people to earn additional income. The easiest way to make Bitcoins is by joining signature campaigns.Signature campaigns pay you according to your rank.Higher the rank,more will be the payment.So in order to earn more,you need to gain a higher rank.Another way is by buying Bitcoins if you have money.One of the fastest way is why investing in Bitcoin.As the price of Bitcoin is rising so the profits received will also be large.One can also do Bitcoin mining in order to earn some Bitcoins. |
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279
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Bitcoin / Bitcoin Discussion / Re: What is BTC for you?
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on: December 07, 2017, 09:05:14 PM
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Every people have different words for bitcoin . My words for bitcoin is that bitcoin is a chance for those people who do not have job or work or do not have any way to earn the money for surviving the life in the earth. Bitcoin Is a easy way for the poor people to earn the more money from the bitcoin and become a rich people. Bitcoin for me Is a life because bitcoin was changed my life style completely by providing money in easy way.
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280
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Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin?
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on: December 07, 2017, 08:53:24 PM
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I first heard about bitcoin with my best freind when I reached his home and saw him that he was using online something when I asked him that what he was doing then he tell me about that he was using bitcoin and it help them to earn the money in easy way. Then after his telling about bitcoin I researched about bitcoin in online and learn many thing about them and I also saw the bitcoin video to get more knowledge about bitcoin. Then after that I was using bitcoin .
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