Hi everyone, been around a couple of days. New to making or earning bitcoin too.
Now,looking around, I discovered the best way to get bitcoin for a beginner is signature campaigns, unfortunately, newbies aren't allowed in, not fair because I need to really start earning. However, someone mentioned going for Alt coins, whatever that means. Going to that section, I saw there are so many of them.
So my questions are;
1. Why are newbies not permitted in signature campaigns?
2. Can Alt coins be directly be converted to bitcoin and how?
3. Are bitcoin donation sites(I learnt about bitcoin from them) worthwhile?
Thank you.
1) Newbies are not allowed because they do not have many posts. You need lots of posts to make your account valuable, otherwise it is pointless. 2) Yes, most if not all altcoins/tokens can be directly converted to Bitcoin or ETH then Bitcoin (for tokens). 3) No. |
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Can someone explain to me what is Segwit?
I watched some videos but I do not understand.
some said it will be good for Bitcoin others said it would be bad.
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I say, this post is very long yet very well-written also.
As for the points, you are most certainly right.
See, Bitcoin isn't perfect.
There are tons of new cryptocoins coming each month.
They all have new, more modern and technologically sound features.
Eventually we will get to a point that coins are very secure, anonymous and even refundable.
However, for the time bei g we must settle for what we have now.
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No one knows the true identity of the person who created Bitcoin. All we know is that he goes by the nickname "Satoshi Nakomoto" and used to post on this forum until 2011 when he disappeared.  |
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Not a chance in hell. It's coming to the point where projects and have to recover their money if they put into it somehow. For example somebody to set up a mining Farm and realizes it's not going to turn anywhere near the revenue that they thought, so they start renting out the mining equipment. Seems like the lightning Network did take off the way they thought it was going to so they're putting a pretty hefty price on buying into setting up your own Network
Same here. No way I am going to pay $100 to open a channel. I do not have the funds. However, a lot of serious believers will do it, who also have lots of money. I for one am welcoming the Lightning Network with open arms.  |
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Yes you can do this safely.
First, wipe your computer first to make sure there are no viruses.
Turn turn off internet when you get to Bitaddress.
You can still generate addresses with the internet off.
Finally, print the keys and voila, you have secure keys!
Unless you have a virus no one will know them.
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
This post is not true. Lately fees are through the roof. Transactions take forever. We need an upgrade to make fees lower. We cannot always pay 5-10% per transaction. You should add decentralization to the list. Bitcoin transactions are out of the clutch of governments, banks and other centralized organizations. It's the best currency which can be used as in any source anywhere in the world and also having good value All important points were included. Especially that "out of the clutch of governments, banks and other centralized organizations", it would remove all the fees and taxes to be paid. |
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Bitcoin is certainly a better investment than stocks. You get 6% to 12% return annually in the market. Bitcoin on the other hand? There is no need even to compare.  |
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Think about this: central banks decide to lend at certain rates based on how the economy is doing. Bitcoins are a central bank and will prevent any need for some third party to randomly decide to change rates. It's a truly free and open market.
And banks profit from it too, don't forget. Then they increase money supply, and continue the vicious cycle. Bitcoin really is amazing in that it lets us control our own money. |
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The market cap is only 73,000,000,000 imagine when 1 Bitcoin is worth $1,000,000... Wow.
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Bitcoin IS useful for governments and banks. If they stock up while it is cheap, they will have major influence in the world when it becomes worth $1,000,000. However, it is no secret they are not huge fans of it.  |
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I hope you didn't lose too much ETH, OP. Next time be very careful about which website(s) you visit. Just because a site ranks #1 on Google doesn't mean it is safe. You should ask yourself if it looks professional and are others talking about it. If people reported it as a scam or you are suspicious, do not download anything. Thanks for reporting it here I am sure you will help someone. |
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Ah, the plight of so many systems/browsers out there.
Even the best web developers have trouble keeping up.
Sorry about this happening to you... I know how it feels!
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The source I am currently using is very easy... any long-term chart. All you need to see is the price exponential rise. This should be a good indicator what you must do.  |
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Any bets on how long until it dies? The current average is about 2 years. My bet is therefore 2 years.  |
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Here are 7 high-profile Bitcoin Twitter experts for you: I suggest you follow these people if you are looking for true professionals. |
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I think some people may have tons of Bitcoins if they started in 2010. Unfortunately I am too stupid to invest since 2013. Therefore now I do not even have 1 Bitcoin.  |
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No, cryptocurrencues are not better than regular currency. Actually, everything has its own purpose. I think cryptocurrencies ha e some differences than fiat that's all. |
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Bitcoin is too small and why would elites panic from mire rich people? People are getting rich and poor on a daily basis. I think the one panicking us OP. |
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I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month. Yes, I agree with that but since we don't have such regulations that allow us to invest overseas, we can't do that by that way. I think I have moderate risk profile so I would like to give it a try and as this is a start of digital real estate investment, anything can happen. A digital world with crypto currencies connected with real estate sector seems a good idea which has good potential so I see it as an experiment which might succeed, might fail, who knows. Digital real estate is not a safe business to invest right now because the trust of the people are not yet fully polished for the digital money or cryptocurrencies so i think they prefer investing in real estate in offline or physically rather than doing it on virtual world or via cryptocurrency. Cryptocurrency is only a baby. One should not invest everything into it. Sane goes for real estate. BTC price is unstable, not suitable for long-term real estate investment. |
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