I also have used the exchange as an alternative mixer! with the exchange and with VIP Bitcoin accounts that exist in Indonesia I do not need bitcoin system mixer I think with that we do not need to exchange services other mixer.
I don't think anybody cares whether or not you mix your coins if you have got any at all, mixers are a solution to hide the origins of your coins. If you are mining large amounts daily and don't want anyone to find your location by tracing the mined bitcoins you can use BitMixer.io so they receive the mined coins on your behalf and with different fees and timing send some other coins to as many addresses as you instruct them to send. There is no use for average joes in mixing their few bucks worth of bitcoins. When you send your coins to mixer they become the decoy while you already done your trades and finished those tracking you still busy thinking they are on your tail. If you are a miner and don't want to pay tax when you decide to exchange into fiat a mixer is also your solution. And of course a mixer is only good if they are trusted especially with large amounts.
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While there are many people unable to sell their bitcoins, at first when I was getting to know bitcoin I couldn't find a way to buy it. every where I went and registered resulted in failure I came back empty handed, and it was the reason why I joined cloud mining in the first place just to have some coins in my wallet.
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For wanting to engage in community I participate in signature campaign, to have some extra fun plus bitcoins I do some trade on cough yobit cough Some cloud mining of BTC plus altcoin(s), but I've noticed signature campaign is time consuming so I try to learn and if possible educate others or preach them about good and bad lol I know, mostly I want to have some impact on the community and not be a parasite like so many members here. I post something and go trade some coins while checking coinmarketcap and other useful sites.
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For someone with 3 companies it is weird to call a $30 bucks "a lot of money" whether you pay for it or not the electricity still going to be consumed and someone will have to pay instead of you, and I'm sure if they see spike in your counter they'll send someone to check out what you are doing. I'd suggest to go and buy a few S9 antminers and start mining and don't sell what you mined until next year.
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Yes there is, and they are called often as the idiots company where a lot of idiot investors put their money to insure gambling addicts get their money back after they lost it. even if there was some company willing to take the risk they would've take a cut in profits as well. You go to an insurance office and ask such a question they will tell you to stop gambling you moron.
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With some math you could calculate the future price of bitcoin, what is difficulty right now and what is price and how much does it cost to mine a single bitcoin? lets say with cheapest electricity you could mine a coin at $750 cost and with more expensive electricity between $800 and $970. so at least you need to be mining a single coin at $22000 cost to sell with $3000 pure profit. Now just consider difficulty increase over time and calculate the future price, though that's just raw speculation because you'll need to include new mining chips might be much more powerful than they are now comparing their price to their productivity and alternative energies and even cheaper energy costs with new technologies in the future as well not to mention somehow exploding demands that pushes the price exponentially high.
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Can you prove that you have gold reserve in a secure place to back up any probable loss? could you open a shared bank account in Cayman island and then provide the bitcoin investors with a private page and a private key so that they could have access to their money which is the equivalent worth of the bitcoins at the time of depositing? If yes then I'm in, where do I sign up?
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Yes, I am doing some few thousands $ laundering money but can you tell? this is the beauty of bitcoin that you have absolutely no frigging idea who does what and has how much. other than the first 1 million coins there is no indication who has hold of the rest of the coins. that is why is important for individuals not to get rid of their bitcoins so easily due to the fact of bitcoin being a genuine cryptocurrency with no central point of origin any one with more holdings could potentially and literally control a portion of future's economy. Liberty reserve my behind
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Spain looted central and south america for centuries because of their gold and US got the gold from Spain by sending the pirates to steal them. Now you can sit in your house and have access to gold without waging wars and killing people, yes you can mine bitcoin then sell for gold or first for fiat and then buy gold, you could even give cows and eggs to trade with gold if that counts now can you tell me how much gold can you buy with 1 BTC? then calculate how much did it cost you to mine that 1 coin. did you get my point? if bitcoin price is $1000 and you just mined 1 bitcoin by spending $700, and if you can buy 10 grams of gold with $1000 could you go and mine 3 grams by spending 7 grams of that gold? I'll make it simple for you can you buy more gold with spending the gold that you already have? Can anyone give 10 grams of gold to someone else and then receives 20 grams after a few weeks? You can spend money on mining bitcoin and then have more money later, show me anything similar and I'll jump on it.
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Wrong assumption, bitcoin is THE electronic/digital/mathematically engineered software to be THE decentralized currency of people. Satoshi literally showed a big middle finger to banks around the world by launching bitcoin in open source community. Truly bitcoin is nothing less than a miracle, show me where in the world you can transfer millions of dollars under 30 minutes time period and all by depending on an unknown third party? you get that right, miners are the random and unknown third parties where by providing you the security of your funds they are making sure to earn money out of the thin air. Can you travel with more than a few grands or authorities will take your money if you try to do so? but with bitcoin you can travel with millions of dollars just by having your smart phone or laptop with you.
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I smell blood, tell me if I'm wrong but from what I can see the only way for QS to be satisfied is for Lauda to die, so lets just kill Lauda and move on with our lives shall we? lol says nothing is personal, but believe me from outside it all looks personal.
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There are no needs for going through all the troubles to store bitcoins in hardware wallets and paper wallets, all you need to do is to create a txt document generate 10 bitcoin addresses and paste each one with private key next to it in the txt file and then send 10 bitcoins to each address. Finally make 3 copies and upload one to cloud storage, print one as a PDF (paper wallet) and save the last one in your hard drive just make sure to put the 2 online versions in a zip file with password. If you think there is any convenient way then follow that way. I made a physical wallet using an NFC chip which holds the Private Keys, it works great. Not sure about the read lifetime though, but since I never read it I think it would be good.
NFC chips are vulnerable to electric shocks(EMP) and remote theft(hijacking).
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Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).
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If I had spare money I'd bought a few dozens of S9 miners and start mining in my home and would've paid power bills from my spare money. But why? because I believe in bitcoin's future which price could reach $4800 in next 2 years, so I'd start mining now when difficulty is still lower considering in future it will rise significantly.
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What miners need to do is to take a leap of faith towards one solution be it segwit or BU and I hope they all realize that whether BU or Core it will still be open source and they can update to whatever software majority is using, bitcoin will be still bitcoin and nothing changes for end users other than either paying higher fees or lower fees, think about it would you like to pay more fees? if yes then don't support BU.
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Satoshi intentionally developed bitcoin in a way that the value only be moving upwards, as you can see it started from $0.01 cent and is rising day after day and price will only rises year after year, stop worrying about the temporary fluctuations as they are natural occurrences of day tradings.
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When 10 years from now giant fiat banks have more than 70% of all the bitcoins then we'll end up once again their poppets. I beg you stop selling your bitcoins just for a few bucks profit, ETF will boost the price without any doubt but avoid selling yours if you wont be able to buy back later. Big miners are mining just to sell afterwards, let them be the losing party in the future. Next step after ETF is wall street for sure.
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Imagine a decentralized country sadly though infrastructures are expensive to maintain especially in EU, but lets imagine in a city you could spend cryptocurrencies or just bitcoin, but those who are selling or providing services are paying with fiat to buy themselves in bulk. Imo what bitcoin truly needs to have a significant effect on millions of people is a man who can provide some exclusive and unique service or item only in exchange for bitcoin that way many people will have to engage with crypto even if not by first choice.
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Yeah we heard it here first now here your prize! what do you think will happen to price? naturally nothing should happen unless some opportunists jump in the FUD train to grab some panic throws of newbies.
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it's not a secret actually ,If you browse the forum regularly you can surely find some ways to earn Bitcoin.Your earning amount depends on your skills,If you have some skills like trading, programming, development etc then you will be able to earn more than 0.1 BTC per week.Again, Without investment you can earn up to 0.1 BTC per week by joining a signature campaign.
That is not a realistic number for most users here, since you will probably need to be in the highest paying campaign and your account will need to be legendary to have such a pay and even that may not be possible because it will depend on your commitment to comment in the forum. I can point you to 5 accounts owned by one person with different signatures but mostly Sr,member and above in the last 5 pages of this thread. They are committed to post on the forum no doubt but they don't care if they are posting something useful or different or atleast their own opinions in short sentences. Easily with 5 or more accounts you could earn more than 0.1 BTC weekly but at what cost? I always try to keep my posts as short and useful as I can to avoid wasting people's time.
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