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Topic: buying (Read 443 times)

jjjack (OP)

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buying

November 23, 2016, 10:11:28 AM

hi guys i want to convinces my family to buy bitcoin but they are asking why should they buy this what is the value of bitcoin in market

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.

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erikalui

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Re: buying

November 23, 2016, 10:27:29 AM

You can find the rate of bitcoins either on google or on preev.com. There are many websites (exchange website) that have set their own bitcoin rates. You should tell them that bitcoins are similar to gold or any other investments like stock markets and since they are not considered illegal, it's great as an investment. Bitcoins were worth $300 in November 2015 and today the price is $739. It's the most volatile currency and a great one for traders.

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