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Author Topic: Who supplies us bitcoin?  (Read 4037 times)
waynechong1995
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November 15, 2017, 03:46:51 PM
 #121

Bitcoins are mined and they are circulated in the market for buy/sells, in this case miners are your supplier,, faucets could be just their owners get BTCs by themselves in various means and distributed them automatically through scripts upon completion of your faucet of whatsoever. Working for bitcoin had sure been decreasing of course considering the hiking price, people are not willing to give them free anymore or the amount had turned into dusts, how bout working for other altcoin project if you have skills is video like bounty or other individual projects to earn altcoins and then converted in bitcoins? it's pretty much the same for me.

Gozie51
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November 15, 2017, 04:45:27 PM
 #122

If we start to really realize the value of an asset like BTC you only have three ways of getting it. "work" for it, buy it or mine it. The times of almost free BTC as we saw in faucets is over.

Generating bitcoin from faucets is actually still available but a sheer waste of precious time. I used faucets to chase some fractions of bitcoin but never new I wasted my time with that.

Really, the ways to get bitcoin are either minning, buying to hold and maybe being paid by it like we are getting from signature campaigns from time to time, not regular.

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November 15, 2017, 05:07:47 PM
 #123

If the information I got one of those people who supplied the coin was a miner because in the distribution of various kinds of coins need a very large capital in order to smoothly in various transaction processes and will make both parties mutually beneficial.

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November 15, 2017, 05:14:34 PM
 #124

I don't really know, but maybe it should be Satoshi Nakamoto and some others that are the heads crypo currency, that established it. Maybe they are the ones that supplies us bitcoin.
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November 17, 2017, 02:22:34 PM
 #125

Just an idea - aside from the initial investment of the whales in crypto world (including Satoshi) I think most of the btc that continuously circulate in the market cones from the miners. They have a big part on keeping to have available btc in the market and to supply the demand of btc users.
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November 17, 2017, 02:48:32 PM
 #126

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer is easy, miners are supplying new bitcoin to the community. If pay attention, you can observe that the circulating number of bitcoin increases every day. That's what I'm saying, due to mining activities.
Lol!! Exactly. Without miners will be the dead end of bitcoin.
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November 17, 2017, 03:07:09 PM
 #127

I am not an expert or whatsoever specialist on bitcoin but I just want to input what I know such that bitcoin is supplied by miners. Through mining the number of bitcoin is increased, this kind of activity circulates to every cryptocurrency available in the cryptoworld.

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November 17, 2017, 03:15:30 PM
 #128

There are mining rig that has been invested of those who want to earn more coins passively and that is the way how the market is circulating and not losing its supply. It is because of the miners out there.
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November 17, 2017, 11:35:53 PM
 #129

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer is easy, miners are supplying new bitcoin to the community. If pay attention, you can observe that the circulating number of bitcoin increases every day. That's what I'm saying, due to mining activities.
Lol!! Exactly. Without miners will be the dead end of bitcoin.
According to bitcoin supplied by miners of bitcoin I mean that there is something like cycle in the world of bitcoin. People who buy or earn bitcoin hold up their bitcoin and when the price goes up or they need money that time so they sell their bitcoin and after that someone get that bitcoin, this is like a cycle which supplies bitcoin to people.
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November 17, 2017, 11:36:32 PM
 #130

There are mining rig that has been invested of those who want to earn more coins passively and that is the way how the market is circulating and not losing its supply. It is because of the miners out there.
Bitcoin is digital cryptocurrency which people earn to make their life and future, people sell their bitcoin because they need to earn money rapidly that’s the reason they supplies bitcoin to other people who need to buy bitcoins just like that bitcoin supplies, but the fact that how bitcoin creates so I really don’t know about the making of bitcoin.

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November 18, 2017, 02:35:37 AM
 #131

Miners is the biggest supplier of Bitcoin,Bitcoin capacity is 21 million from miners acquired..

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November 18, 2017, 02:53:34 AM
 #132

Bitcoin is just a code that verified your work . That's why the name of the system is POS( proof of work). Satoshi doesn't supply us Bitcoin. We made bitcoins for ourself.

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janelleshepard
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November 18, 2017, 02:56:54 AM
 #133

Miners is the biggest supplier of Bitcoin,Bitcoin capacity is 21 million from miners acquired..
There are 2 kinds of Miners. Miners that solve Bitcoin's math and miners that are processing our transaction. So i think you're talking about the first type.
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November 18, 2017, 03:02:00 AM
 #134

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!


Bitcoin is only coming from the person who need your help and support to their personal goal. this time no free for every transaction always have exchanges when you will make some  business like investing of bitcoin and join signature campaign to generate altcoin the you convert it into bitcoin.  
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November 21, 2017, 09:39:49 AM
 #135

I think miners are one of the reasons why BITCOIN exists. When you are a miner, that means your supercomputer is participating in the blockchain and do the transactions of every person transacting with bitcoin. Smiley
Yes that’s true, originally, miners are the ones that provides us with bitcoins by participating in the mining of blocks and confirming transactions on the Blockchain. Without miners confirming your transactions, the person receiving it won’t actually get and it will be lost. That’s the reason I don’t use regular fees when transacting. I prefer to use the priority.
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November 21, 2017, 12:35:33 PM
 #136

Hi,

Of course, there is still the mining option. But, I know, it is no longer the eldorado it used to be.
You can invest "real" money and exchange it for bitcoin. It will be the easiest way to gain bitcoin but you do not really earn money, you rather convert it.
Last option: betting. Gambling is very popular among bitcoin community and indeed, you can earn a lot!

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November 21, 2017, 01:39:54 PM
 #137

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer is easy, miners are supplying new bitcoin to the community. If pay attention, you can observe that the circulating number of bitcoin increases every day. That's what I'm saying, due to mining activities.

Yes mate, miners are the supplyer in every cryptocurrency that can be mined include bitcoin.

Faucet is not supplyer, they also got from miner. If their website can do mining then they are supplyer too.

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November 21, 2017, 01:49:36 PM
 #138

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!
I think the one that supplies bitcoins are the huge investors. Bitcoin is decentralized so anyone can supply us legally.
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November 21, 2017, 02:15:18 PM
 #139

The miners who are using their VGAs to mining Bitcoin and giving them to us . They're the only one can make the real Bitcoin in this situation. The other things are just "profits" not real "Bitcoin".
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November 21, 2017, 02:26:39 PM
 #140

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer is easy, miners are supplying new bitcoin to the community. If pay attention, you can observe that the circulating number of bitcoin increases every day. That's what I'm saying, due to mining activities.

Yes mate, miners are the supplyer in every cryptocurrency that can be mined include bitcoin.

Faucet is not supplyer, they also got from miner. If their website can do mining then they are supplyer too.

thanks for the info mate.
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