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Author Topic: where do you generate your coins from?  (Read 168 times)
ibininja
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October 26, 2017, 02:24:51 PM
Last edit: October 26, 2017, 03:07:15 PM by ibininja
 #1

I understand you can buy coins using fiat. What is your other means to generate coins?

Update:
To avoid confusions; I am asking how do you personally get coins. I understand how the coinbase/mining is carried out.

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October 26, 2017, 02:38:02 PM
 #2

I understand you can buy coins using fiat. What is your other means to generate coins?

Sorry, could you elaborate more?

If you mean how to generate coins in the cryptoworld

1) You mined them

2) Purchase with Fiat, buy Bitcoin, Trade and use the profits to buy more coins

3) Proof Of Stake. Something like an interest model based algorithm to sustain the network. Hold coins to generate coins

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ibininja
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October 26, 2017, 02:52:44 PM
 #3

I understand that; aside from mining; how do you obtain them? Do you like offer services for coins?

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October 26, 2017, 02:57:12 PM
 #4

I understand you can buy coins using fiat. What is your other means to generate coins?

they Solve some equation (Mining ) to get new coins  check meaning forum other trading
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October 26, 2017, 02:57:41 PM
 #5

you can earn coins from following ways
1) Proof of work.
2) Proof of stake
3) You can buy from coverting fiat to bitcoins.
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October 26, 2017, 03:01:18 PM
 #6

What kind of coin are you referring to? There are many ways to generate a coin. One of the slowest and fruitful way of generating a coin is mining one. There are websites that let you mine a certain coin and you can keep as many as you want. Mining bitcoin is very hard and you could take months before earning your first bitcoin.

Alt coins are very easy to mine because some of the values of altcoin are still low. Faucets sometimes have high payouts but you have to log in every day so you can get the daily bonus. You can also join campaigns to earn altcoins but this will take a lot of time so you have to be patient if you really want to generate some alt coins.

ibininja
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October 26, 2017, 03:08:48 PM
 #7

What kind of coin are you referring to? There are many ways to generate a coin. One of the slowest and fruitful way of generating a coin is mining one. There are websites that let you mine a certain coin and you can keep as many as you want. Mining bitcoin is very hard and you could take months before earning your first bitcoin.

Alt coins are very easy to mine because some of the values of altcoin are still low. Faucets sometimes have high payouts but you have to log in every day so you can get the daily bonus. You can also join campaigns to earn altcoins but this will take a lot of time so you have to be patient if you really want to generate some alt coins.

do you mine to get coins or do you just buy them?

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October 26, 2017, 03:10:54 PM
 #8

There are those coins which use stakes.
One sample is the BitcoinStake.
You will just to get some of their airdrop and download the wallet. Then let it be open in your computer. It will automatically stake base on how much you have, I think.
That is one more and trading also which could enlarge the number of your coins.


 
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October 26, 2017, 03:16:51 PM
 #9

Well... i work, get paid in fiat then i go on coinbase, rinse and repeat.
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October 26, 2017, 03:31:32 PM
 #10

Basically, many people generate coins from campaigns , thats where the hard earned money is and people have to choose from variety of campaigns to earn more. I know it takes a lot of time and patience is required to settle down and also to understand the dynamics.Second way is they buy coins , they trade and earn more coins. Most of them choose the less value coins to get high returns. Another way is to convert fiat to bitcoins. As of now, i m more interested in earning coins as much i can by any mode.

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October 26, 2017, 03:35:48 PM
 #11

To be exact, I get most of my coins through signature campaign, airdrops and affiliate commission and I trade them to other promising coins. I haven't till date bought bitcoins for fiat.

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Ereun
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October 26, 2017, 03:36:40 PM
 #12

I understand you can buy coins using fiat. What is your other means to generate coins?

they Solve some equation (Mining ) to get new coins  check meaning forum other trading
Many people expect and generate bitcoin from trading
the way it is relatively easy compared to mining, because it must be assisted with tools and of course must have capital
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October 26, 2017, 03:38:17 PM
 #13

Bounty campaigns, sometimes invest fiat... That's my case at least

ibininja
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October 26, 2017, 07:05:09 PM
 #14

Interesting I guess I should start learning about campaigns...

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October 26, 2017, 07:17:58 PM
 #15

I understand you can buy coins using fiat. What is your other means to generate coins?

Update:
To avoid confusions; I am asking how do you personally get coins. I understand how the coinbase/mining is carried out.

Depending on your expectations, you might have come at the right time. I see a lot of Airdrops popping up. Participating in them, getting coins for free, then dropping them like hot potatoes as soon as some minor exchange lists them.

There's not much money to be made there, but to get the ball rolling; why not.


And yes, signature campaigns obviously.
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