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Social media is really full of different ideas, reaction, thoughts, imagination which is sometimes in reality. It also spreads fast that's why I'm not surprised if why the adoption and users of bitcoin are keep on increasing despite of high transaction fees. Welcome everyone in Bitcoin Community!
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I don't understand , I live in india and here we can use UPI like google pay and phonepay to easily pay money within seconds and a touch and no extra cost or transaction fees is taken . But when i try to ay with bitcoin like 1000 ruppes i have to pay around 120 ruppes in fees to get the transaction done in 10minutes . So for a order of 1000 i have to pay 1120 ruppes and also wait for 10minutes for the transaction to be done .
So why is bitcoin or any other cryptocurrency more reliable or disruptive if it cant even help me in paying a simple small amount . Can somebody lease elaborate what i am missing here . Thanks in advance
Bitcoin is best as investment but if you are going to transfer it you will charge a high transaction fee. But we still have a choice using different cryptocurrencies or fiat money as an alternative to avoid a very high transaction fees. |
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It's not easy to trade specially if you don't have knowledge about it but, Cryptocurrency become a method use by many people to earn during lockdowns. This pandemic made way for more people to know and learn about it. It become a source of income during hard times of pandemic. And hoping that it will continue to attract users and investors even after this covid 19.
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Scam projects and scammers are always everywhere either in cryptocurrency or fiat currency. Not only newbies get fooled with this scam strategy also those people with a desire to get more money quickly. That's why having knowledge about crypto is better and can help everyone to avoid scam projects and investment.
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Before many projects are really paying and joining a campaign is really rewarded but as of now, you will be lucky if out of 10 projects you promoted there is even 1 paid you and their coins will be listed in the market and have a higher value. Earning a huge money through campaign is just a luck. If you want to earn $2500 a month you should work hard, join a different campaign and do trading but by doing all of these you need to have enough knowledge, courage and starting capital for trading. Campaign alone for that big amount is very impossible specially if you have a lower rank account.
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Sometimes it's very annoying for some telegram group that didn't give a quality update ,instead of updating people there, only the bots answering and making spam in a telegram chat. But not all telegram group is not good because telegram is also one way of communication between the project and investors, Bounty manager and hunters. So, Telegram is not a trash. It a channel of information, it's up to you if you want to join a trash telegram group or not. Just choose the group that can give you satisfaction regarding some projects or news channel about crypto signals or whatever.
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We are already in "ber" months which it is a sign that we are fast approaching on Christmas day which is on December 25.
I have this on my mind that I'll start to prepare my present or gifts to some of my friends and family.
I want something related to Bitcoin like I will give a present that has related to Bitcoin, like some Angpao on Bitcoins? Paper wallets with Bitcoin inside? Or anything else.
So I am here asking for some opinion of yours, what's your suggestion for a present or gift for our loved ones for this upcoming Christmas?
For me I will give a material gift with a printed sign of bitcoin and tell them that the gift I bought is from bitcoins. I can't give bitcoin to them directly because they don't know yet how to use it. Only a few friend of mine knows bitcoin and already work with me here in crypto space. |
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Only few months before 2021 and this post was made 2017 ,look at the Ethereum now, it continue to grow and trusted by many people second to bitcoin. If it was a scam digital currency I think it was already phase out and no value. It's really interesting to remember the past of any cryptocurrency and comparing to the current situation of it.
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BTC is gradually gaining its grounds in the financial institute. Most people prefer using bitcoin as a medium of exchange. Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another. From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy
Nobody know what tomorrow may bring in bitcoin, it's too early to know the future of bitcoin. So far, let's enjoy using bitcoin with less hassle ,fast transaction and cashless payment. Also just enjoy the benefits it gives to us. Earn as much as you can using bitcoin. |
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Not all people are strong and not all have a positive and strategic mind this time of covid 19 pandemic. People are not the same ,some said that covid 19 is a blessing for them ,some others it's like a punishment to them that suffered too much because of this situation. Also, huge number of people lost their job because of covid 19 and the opportunity for them become small unless they make other way on how to earn and survive from this pandemic.
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Maybe if there are so many good project to join in cryptocurrency I could say that New normal is really creating opportunities in cryoto. But Cryptocurrency is really helpful this time of pandemic because it become an alternative source of income of those people who already know how to use it and how to earn from it. There are many online trading platform and I think it is the one creating opportunity because it will attract people to try this in order to earn.
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There will be a lot of affected if ever there is an internet shutdown specially now that there is an online classes because of pandemic. Our government talked all the internet company to build a better internet connection urgent. Not only business company will become affected but also those work online like in cryptocurrency.
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Has anyone ever had an issue with a private key not working.
I've personally never had that happen, but I am curious if anyone had a paper wallet private key not work not from physical damage or negligence but from it simply not working.
I experienced this on my Etherwallet private key but in Bitcoin private key I don't think so because i didn't encounter any problem with my private key ever since I used bitcoin. If you have paper wallet and you input there your private key correctly I think there is no reason not to open your wallet. |
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I think it's because of bitcoin. We always see that if bitcoins value are dropping the altcoins are also moving downward but i think we don't need to get worried about that ,instead let us take this red market as an opportunity to buy more coins which we think has a bright future. Every red market for me is an opportunity.
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There are already second layer solutions available in the market that provide fast transactions and lower fee for eth related transactions but people are not using them but looks like everyone is waiting for eth 2.0 for solutions.
Now many people have used other means of making transactions in order to get lower fees, and waiting for a solution from ETH 2.0 is indeed good, but how long will you be faithful in waiting because ETH did not give a definite date for this, meanwhile people need solutions now in order to make transactions well. I am a faithful fan of Ethereum that's why until now I can't send my other tokens under eth because of the high transaction fee  I think better to find another alternative solution to it while the transaction fee to drop. |
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Some of my friends who are new to Bitcoin are finding it hard to understand about this. What I did advice to them is to go over on Youtube and search "Bitcoin for Beginners" or "Bitcoin for Beginners + native language". Since I don't have all the time to be their mentor, I usually tell them that Google, Youtube and Wikipedia are their best friends. I've also introduced them to this forum, where they can simply go over the topics and ask some specific questions.
The first time I understand about Bitcoin when I was a newbie? I think it was just like investing in stocks, but no central authority. I don't let them jump into the technical details of Bitcoin, but rather basic understanding (unless they were a developer or kinda interested in the development side).
I got an idea from you because I was teaching someone who was also having a hard time understanding bitcoin right away. I really enjoy teaching them because I also want them to learn what I learned in cryptocurrency particular in bitcoin. Anyway I just learned about bitcoin first only here in forum and it really helps me step by step to understand it by my own research, reading and learning. So, I think it's just easy to understand bitcoin even just the basic. Also if someone has an eagerness to learn about something then I'm sure he/she will learn it. |
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Well you please include important details about your new token. Anyway ,even me, I stop using waves exchange because almost a lot of coins there are less in value. If you are promoting that token, you should have a great marketing strategy with all the necessary information so that people will know it better and they can decide if they invest on it or not. |
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No, i am not suggesting to create your password like this. you can create something like !Went>P@r!$&be$tmem0ryev_r
Something that you can create that reflect to your experience and easy to remember and hard to crack
Not all people can memorize easily even a simple password, they still need to take it down or keep it in a place where they can easily get it if needed, so, what if they create 3 seed words and passphrase which is difficult to memorize. I think your opinion is just good for you because the mental capacity of everyone to memorize something is different from each other. What if you memorized your password and the seed but after a year you are diagnose that have Alzheimer...what will happen to your account? |
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Im already rich
Rich in friends
Rich in children
Im married and i love what im today even im not rich in money, because in the end we all gonna die and money cant save those rich people, all you can keep when you day is the precious memories together with your love ones
That's the real treasure and not being rich with money because you can't take that when you die. If you will not pay taxes, not getting married, don't use bank ,etc..just to get rich, then what's next? I think you will not become happy at all until you die. |
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I think government and the community as well are not yet ready to adopt this cashless economy. A lot of things to consider and to fix before it will begin to accept and use by everyone in different country. Although some other country started already the cashless economy but i don't think if it will last long or just an alternative at this time of pandemic to avoid spreading of virus and less contact.
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