How do Bitcoins really circulate into users?

[romero121]

I guess the OP's question is how ordinary people gets bitcoins and how they spend them? well you get bitcoins by purchasing or mining it, and there are plenty website that accept bitcoin for services and goods.

Yes, common people actually get bitcoin either through altcoin mining which sometimes kind of profitable or through getting it through faucets which they don’t pay a lot and they are spammed with ads, or they get through doing some freelancer jobs, where they offer their skills for bitcoin, which is what most people do .

Earning with faucets is impossible right now, especially with the huge price Bitcoin has at the moment. You get under $0.001 per 60 minutes, maybe one or two days. How is that going to offer you any income? You will get like maximum $10 a month for staying 24/7 on a computer.

Not worth of your time, while you are earning in the crypto world, you must mature also. The best way to earn big is when you are ready to risk money to earn money.

As quoted risking money to earn high doesn't make you mature. Investing in the smart way and grabbing the profit makes one mature enough to use bitcoin or other currencies. One won't risk if he didn't have the courage to fail.

[zxctrecaaa]

many are questioning it all, but the influence of other coin and exchange cryptoccurency greatly affect the price of bitcoin, with fixed and intake nilsi the more money the more expensive then bitcoin

[roadbits]

I guess the OP's question is how ordinary people gets bitcoins and how they spend them? well you get bitcoins by purchasing or mining it, and there are plenty website that accept bitcoin for services and goods.

Yes, common people actually get bitcoin either through altcoin mining which sometimes kind of profitable or through getting it through faucets which they don’t pay a lot and they are spammed with ads, or they get through doing some freelancer jobs, where they offer their skills for bitcoin, which is what most people do .

Earning with faucets is impossible right now, especially with the huge price Bitcoin has at the moment. You get under $0.001 per 60 minutes, maybe one or two days. How is that going to offer you any income? You will get like maximum $10 a month for staying 24/7 on a computer.

Not worth of your time, while you are earning in the crypto world, you must mature also. The best way to earn big is when you are ready to risk money to earn money.

As quoted risking money to earn high doesn't make you mature. Investing in the smart way and grabbing the profit makes one mature enough to use bitcoin or other currencies. One won't risk if he didn't have the courage to fail.

If you do not risk your money you are the safe person, because you will save your money. If you take a risk and invest money there is possibilities are there to make a profit, or you may lose you all money. I will get bitcoin from skill games means sports betting and in another way signature campaign. Also investing the best way to make money but I don't have enough money to invest.

[crwth]

What I've recently read that it gives you the authority to control that part of the blockchain if I understand correctly. I know that Bitcoin doesn't leave the system it's just that the key to that part of the blockchain will be given to you and that amount will be credited to you. The best thing is, that it's limited so it soon it will be worth more than you think.

[aardvark15]

Miners get paid/awarded in Bitcoins which is how new Bitcoins are created. The only way they get circulated is for miners to sell them on an exchange, use them for purchases, or just transfer them to another address.

[aso118]

I guess the OP's question is how ordinary people gets bitcoins and how they spend them? well you get bitcoins by purchasing or mining it, and there are plenty website that accept bitcoin for services and goods.

Yes, common people actually get bitcoin either through altcoin mining which sometimes kind of profitable or through getting it through faucets which they don’t pay a lot and they are spammed with ads, or they get through doing some freelancer jobs, where they offer their skills for bitcoin, which is what most people do .

Earning with faucets is impossible right now, especially with the huge price Bitcoin has at the moment. You get under $0.001 per 60 minutes, maybe one or two days. How is that going to offer you any income? You will get like maximum $10 a month for staying 24/7 on a computer.

Not worth of your time, while you are earning in the crypto world, you must mature also. The best way to earn big is when you are ready to risk money to earn money.

Taking risk to earn big is not everybody's cup of tea. Each person has a specific risk tolerance.
I am not a big fan of faucets, but there are people who used faucets and then became confident to take bigger steps in the cryptoworld.

[Digitalbitcoin]

Well question !

And its must to know every new one hows it circulated !

Bitcoin i made up of satoshi and if we calculate 1 BTC = 100000000 Satoshi

And as every one know how many bitcoin will be generate ?

Every bitcoin is made of 100000000 parts whatever mined till dates are circulated person to person only with proper verification which is done by miner.

For example if A have 0.05 BTC means he have that much amount only of Bitcoin  and when he send to B certain amount from it as 0.03 BTC then that amount just will be pas from A's wallet to B' wallet. In such matter every mined bitcoin is circulated with P2P technology.

This technology is made up with blockchain and cryptography. Also use own protocol.

Just you need internet access to use this Fintech services.

[Tanic]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate into users? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Temps of bitcoin spreading are growing now. And bitcoin became more known and useful day by day. Bitcoin circulate between users the same way as ordinary money, the easiest system here is seller-buyer.

[Creepings]

Miners get paid/awarded in Bitcoins which is how new Bitcoins are created. The only way they get circulated is for miners to sell them on an exchange, use them for purchases, or just transfer them to another address.

Thats a good information I got there. Though my rank is Jr member, i am still new here, so dint mind if ask if how do miners get their pays, i mean do they get a job and being paid, how?

[n0ne]

The miners who are the creators of bitcoin circulates it by trading. Further it moves on similar to the fiat that we use for our daily needs. Bulk circulation occurs during the time of huge volume of fiat transfer in the form of bitcoin. This circulation get decreased when the price falls. To have a sustained value the circulation needs to be good.

[ReLieD]

I guess you might have heard the word TRADING
One user trades in his bitcoins for some items .
The other person will trade that amount / bitcoin for some other item.
This process keeps on going and by this i mean that Bitcoin really circulates.
Not just crypto currencies , real currencies / paper currencies are also circulated among people.
I guess you got your answer.
Thanks

[frendsento]

Miners get paid/awarded in Bitcoins which is how new Bitcoins are created. The only way they get circulated is for miners to sell them on an exchange, use them for purchases, or just transfer them to another address.

Thats a good information I got there. Though my rank is Jr member, i am still new here, so dint mind if ask if how do miners get their pays, i mean do they get a job and being paid, how?

Miners get their payment by the means of processing and verifying  transactions by means of solving complex math problems  , transaction fee also is additional rewards that go to  the miners.

[calkob]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate into users? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Bitcoin starts with miners, and they then sell their bitcoin.  People that want bitcoin can then earn it, buy it, or be given it.  it then circulates in the same way. 

[FlightyPouch]

Miners get paid/awarded in Bitcoins which is how new Bitcoins are created. The only way they get circulated is for miners to sell them on an exchange, use them for purchases, or just transfer them to another address.

Thats a good information I got there. Though my rank is Jr member, i am still new here, so dint mind if ask if how do miners get their pays, i mean do they get a job and being paid, how?

Miners get their payment by the means of processing and verifying  transactions by means of solving complex math problems  , transaction fee also is additional rewards that go to  the miners.

Wow, well now, im curious how much bitcoins are this miners get a day or maybe a week. Because if they can circulate a lot of money, then i think that they are earning a lot, is that right? Well i know that others get their Bitcoins through trading, but how much bitcoins miners can get?

[Xester]

I guess the OP's question is how ordinary people gets bitcoins and how they spend them? well you get bitcoins by purchasing or mining it, and there are plenty website that accept bitcoin for services and goods.

Yes, common people actually get bitcoin either through altcoin mining which sometimes kind of profitable or through getting it through faucets which they don’t pay a lot and they are spammed with ads, or they get through doing some freelancer jobs, where they offer their skills for bitcoin, which is what most people do .

Earning with faucets is impossible right now, especially with the huge price Bitcoin has at the moment. You get under $0.001 per 60 minutes, maybe one or two days. How is that going to offer you any income? You will get like maximum $10 a month for staying 24/7 on a computer.

Not worth of your time, while you are earning in the crypto world, you must mature also. The best way to earn big is when you are ready to risk money to earn money.

Faucets are now a waste of time but for starters it is a good way to learn how to transact and use bitcoins. I also started with faucets and earn cents a week. But as I gain more knowledge on earning bitcoins I also started upgrading my skills. Right now with online jobs I am earning 240$ monthly. I do not underestimate bitcoin since it is like a testing place for newbies and starters to understand bitcoin and how it is circulated.

[Pettuh4]

Miners get paid/awarded in Bitcoins which is how new Bitcoins are created. The only way they get circulated is for miners to sell them on an exchange, use them for purchases, or just transfer them to another address.

That's correct, they circulate through their usage in purchasing goods and services, for instance I wanted to buy some servers to host a series of websites and the merchant only accepts bitcoins so I inquired further and got all the information about bitcoins before closing the deal on the severs. Indeed it does circulatie through its usage.

[canhchuacaro1]

It does circulate but not very much. As far as I know, there are a lot of people who just keeps Bitcoin hoping to get the price even higher then sell it at that price.
They began originally by being mined. Then trade on exchanges. It circulates when there are Bitcoin payments, of course. The following transactions can be seen in the blockchain.
This process keeps on going and by this i mean that Bitcoin really circulates.

[MWesterweele]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate into users? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

in my opinion it circulates like the way our real currency. when you buy something and you pay for it by using bitcoin its circulates , and when you buy bitcoin it circulates too. I think in trading it happens to, the buying and selling of coins, you need to release and earn it in a vice versa in able to circulates

[CROYA86]

so users who are looking not bitcoin bitcoin who share
with a system like that then who is diligent in seeking bitcoin he would enjoy it because bitcoin is created with very limited. so bitcoin anyone could have lived them that there is a willingness not to get bitcoin.

[Blackdeath]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Bitcoin would circulate like anything else would, presumably. Someone who has it distributes it to others via paying for goods, services, etc. That is then taken by the people who earn it and distributed to others through purchases, and so on and so forth.

Technically Bitcoin is a more global and easily distributed currency, so it can take a while for it to circulate in a local area, in its current state.

Just like the real money bitcoin circulate in one country by using in some transactions. If one person have bitcoins and then he use it by buying, investment or even trading to other person, the other person will earn it and use it just like what the first person do. He will use it and then the bitcoins that he use will be earn by others and will ise it. In other words, bitcoin circulates just like the real money that a person will use it and the other person will earn it. Because bitcoin is same as real money that are used for bussinesses and other things that able us to live a better life.