Ada567
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February 07, 2018, 07:05:47 AM |
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Of course, depending on your country, you can trade with people in the bitcoin community. How to convert to cash depends on your country's economic policies.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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swordling143
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February 07, 2018, 07:15:33 AM |
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Can bitcoins be converted into cash?
It can actually be converted into cash. There are various of wallets that offer this kind of service. But, the ideal wallet to use would vary on what country you are in, so when you convert bitcoin into cash, it can be automatically converted to the currency of the country that you are in which is quite handy, because it avoids hassles.
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kmlhsan
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February 07, 2018, 07:47:46 AM |
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Transforming Bitcoin into Cash is no longer a more complicated and rugged task. Bitcoin is bought and sold at various digital marketplace. You can sell it easily on a digital marketplace. Converting bitcoins to a usable currency like dollars is quick and easy. If you want to actually convert bitcoin to dollars, deposit them in a digital marketplace and sell them to an interested buyer. The digital marketplace will quickly and easily convert your bitcoins to dollars and transfer them to a debit card or your bank account.
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Tonygold1967
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February 07, 2018, 07:55:52 AM |
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Can bitcoins be converted into cash?
Yes of course, you should use exchanges for it.
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sicnarfkswiss
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February 07, 2018, 07:57:46 AM |
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Can bitcoins be converted into cash? [/quote yeah absolutely.. please do some research please.
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congresowoman
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February 07, 2018, 08:03:36 AM |
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Can bitcoins be converted into cash?
Absolutely, bitcoins and other cryptocurrencies can also be exchanged into paper fiat. There are many wallets that also serves as exchange platforms. Here inthe philippines we have coins.ph this is also an app which is able to receive and store bitcoins then if you want to sell it to your local currency, they can also do it for you. Just make a transaction in affiliated banks or remmittance partners to claim your cash.
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Michellekking
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February 07, 2018, 08:04:30 AM |
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Yes, bitcoins can be exchanged for cash, which is a very easy thing to do, and there are many ways to do it. You can go to the exchange and exchange bitcoin for legal currency, and then transfer the fiat money from the exchange to your bank account, which is very simple. Now in Japan, there's a bitcoin ATM, and you can exchange bitcoin directly on the machine for cash.
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Crafts12
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February 07, 2018, 08:12:40 AM |
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Can bitcoins be converted into cash?
Yes it is. There are many converter that you can use. In philippines we used coins.ph as a wallet and converter at the same time. You can also withdraw your money there. I dont know to other countries on what ways they are have but I know that they can convert their bitcoin into fiat because I already read different article about it when Im starting using bitcoin.
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plasmafrog75
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February 07, 2018, 08:48:04 AM |
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Can bitcoins be converted into cash?
In my opinion, Bitcoin will not be entirely cash, maybe it will be released in stock tomorrow, but Bitcoin is a virtual currency that has been around for a long time, and now the money is less used. In many countries, if Bitcoin becomes cash it will be hit by another virtual currency.
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ashfer
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https://luxantdigitalbank.com/
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February 07, 2018, 10:18:27 AM |
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Don't ask foolish questions man you will get the answer online its for that there was no need to create a thread like.Yes it is possible to convert btc into cash with the help of exchanges there are lot of exchanges which can help you cash out bitcoins Coinbase is one among the exchanges which can help you cash out btc they will charge you certain percentage as their transaction charge for converting it to fiat it depends on the exchange you approach for conversion of btc to cash and it will take some time for the cash to get deposited to your bank account depending on the transaction traffic in rare case it will take few days for the money to get credited to your account .
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SmokerFace
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February 07, 2018, 10:22:47 AM |
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Can bitcoins be converted into cash?
Yes of course! People will not get interested in investing on bitcoins if that's not convertable into cash or it's just a virtual currency, Using exchange websites or Local exchange sites in your country you can convert your Bitcoins into cash depends on the bitcoin value that's the purpose why big investors switching into cryptocurrency is to make profit from it.
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hoangyoyo
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February 07, 2018, 10:29:10 AM |
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you can exchanges in binance, btc alpha, coin base. do not worry about it
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mOgliE
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February 07, 2018, 10:43:08 AM |
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Hi,
Of course, you can.
You just have to use any dedicated platform...
For the moment, this option is absolutely necessary, because you cannot use bitcoin for you daily shopping. Wanna buy some milk? Well, it has to be in dollar/euro/insert any traditionnal fiat currency.
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shainasaz
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February 07, 2018, 10:52:55 AM |
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Yes definitely yes it can be converted into cash because bitcoin now accepted most of the country legalized operated with bitcoin but legalized or not you can still convert it in a lot or exchange, here my country you can converted to cash through exchange country channel like coins.ph may be I think different country different exchange converter channels.
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lesinset
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February 07, 2018, 10:56:25 AM |
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Yes. You can withdraw it in a lot of ways. Depending on whatever your online wallet has to offer since it has currency rates.
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Hexcolyte
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February 07, 2018, 10:59:40 AM |
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Can bitcoins be converted into cash?
It is more of "exchanging" than "converting". Beside cash, it can be use for goods and services exchange as well. Think it as a digital asset. As long as people want it, you can exchange it.
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pokeronlinestatus
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February 07, 2018, 11:00:15 AM |
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Of course it can be if you want to convert it into cash, because many exchangers will be able to help you to convert Bitcoin into currency. And you can googling and choose your currency as you wish.
Definitely when you have bitcoins, you may be needing them to use for the daily needs. Bitcoins are best and they help you to make a good life financially. When you have bitcoins with you in your wallets, exchanges are there to help you to convert bitcoins in cash. But better is to hold your bitcoins and don’t spend them in useless things, save, invest or trade for your better tomorrow.
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tlustoprd
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February 07, 2018, 11:01:59 AM |
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Of course. People don't believe in magic these days, but it is real. You just need to find a reputable mage that is willing to transmute bitcoin into fiat.
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PatyZante
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February 07, 2018, 11:09:40 AM |
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Yes, definitely. You can sell or trade your Bitcoins to cash through exchanges. There are many cash exchange like Coinbase, Bistamp, Coins.ph and many others. Or you can also use Bitcoin as mode of payment on some establishments.
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lunnatic
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COMBONetwork
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February 07, 2018, 11:10:42 AM |
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Can bitcoins be converted into cash?
Absolutely can, bitcoin can convert into cash or your local currency. It's just that you have to use a exchange site that offers swap to cash. It depends on every country but if swapping to dollar or eur it many sites offering.
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