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Author Topic: What are Bitcoins worth  (Read 343 times)
Dudeperfect
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August 02, 2018, 02:32:12 AM
 #21

Technically, Bitcoin is worth the amount that a buyer is willing to pay. If you no anyone willing to pay $10K for one bitcoin then the price of one bitcoin is considered as $10K. Now, as Bitcoin has some monetary value, you can use it anywhere against your purchase of goods and services wherever Bitcoin is accepted. Bitcoin mining is a serious professional business now and hence we should leave it for them who treat it in that way. You can always convert your Bitcoins into Fiat currency (real cash). I would recommend you spend some time in reading quality topics from the beginners and help section itself where you will find a solution to most of your queries as a newbie.
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Vilianms
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August 02, 2018, 09:49:00 AM
 #22

The original meaning of Bitcoin is to replace cash, but it is used by commercial investors for commercial speculation, and its nature is changing! On the trading platform, you can convert bitcoin into cash!
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August 02, 2018, 10:14:31 AM
 #23

Bitcoin is a great goldlike store of value. Transactions made with bitcoin are quite anonymous and bitcoin is a trademark of the whole cryptocurrency spectrum.
BrookeClarke
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August 02, 2018, 10:16:48 AM
 #24

Bitcoin can be used to cover expenses in developing countries. But they have not yet become commonplace in underdeveloped countries compared to some of the larger ones.
We can earn bits by digging them through diggers.
We can change from Bitcoin through cash through Wagecan debit card and withdraw from the card. good luck
neo444
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August 02, 2018, 10:34:48 AM
 #25

Now the price of bitcoin in the market is 7569$ and he is able to change every second you can use bitcoin for investing trading buying and mining and to mine them you gonna choose a safe mining site like https://www.genesis-mining.com/ and if you want to turn them into cash visit bestchange.com and find in it an exchange from bitcoin to cash
jdiieue123
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August 02, 2018, 11:27:10 AM
 #26

So i am new to this so i want to know what are bitcoin worth? What can you use them for? ...

I just found out about bitcoin, I think I should learn to start using it. Assuming I have a lot of bitcoin, I'll take the profits, pay for life or travel issues. Will be very interesting.
AzatFinrazor
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August 02, 2018, 05:05:04 PM
 #27

  • Visit this page for the current average price of a bitcoin: https://coinmarketcap.com/currencies/bitcoin/
  • You can use bitcoins to buy good and services online: vpn services, gift cards, plane tickets, pizza and so much. Visit this page for more info: https://finrazor.com/news/what-to-buy-with-cryptocurrency
  • You can mine them at home by installing free software. You will need good hardware though.
  • You can buy and sell bitcoins for regular money (dollars) at exchanges that support fiat: coinbase, bitfinex, okex.
jak3
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August 02, 2018, 07:20:24 PM
Last edit: August 05, 2018, 07:34:20 PM by jak3
 #28

Hello mate welcome to the Bitcoin system, I am a user for like 5 years or maybe more. Yes, you can definitely convert your Bitcoins into your local currency like I convert them in India. Bitcoin is decentralized so no one is the owner or no one is controlling it.. currently Bitcoin is worth around $8000. and they work just like real money you have to earn them by doing some work or by providing some service and you can buy anything you like pizza or dresses.
liemfrans
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August 02, 2018, 07:26:35 PM
 #29

So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?
Bitcoin is a digital currency created in 2009. It's decentralized, it means there's no government, institution (like a bank) or other authority that controls it.
It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies.
Yes, you can turn bitcoin into cash with exchanger.
robinsquad
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August 02, 2018, 07:55:53 PM
 #30

Bitcoin's high worth rests on a lot many factors including its ability to enable faster and more efficient and secure funds transfers compared to fiat currencies. Since it is based on the blockchain technology there is also the transparency element attached to it which makes people demand more of it thus pumping up its value
Togacity
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August 03, 2018, 01:16:21 AM
 #31

Bitcoin is priceless so the worth isn't fix based on how it's distributed and used. Smiley
ddd4367a
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August 03, 2018, 06:52:39 AM
 #32

Bitcoin is the most well-known and well-known codepage in the virtual currency market. Bitcoin transactions are made directly between the sender and the recipient without intermediaries, saving you a great deal of money. And Bitcoin can be converted into cash.
bagaiskwpps212
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August 03, 2018, 06:56:26 AM
 #33

People use electronic technology, virtual money machines. A dedicated machine and software. I learned that it is estimated that there are 21 billion Bitcoins and it is estimated that by 2040 the number of Bitcoins will be dug. So what do you think?
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August 03, 2018, 07:10:20 AM
 #34

Basically, the "digging" Bitcoins is a process of emulation of the "digger" (computer) to find the answer, answer to solve a problem is very difficult. The difficulty of this problem is automatically corrected so that on average every 10 minutes there will be a digger (or group of composers) scattered all over the world solving a problem that will return a number Bitcoin content. Bitcoin will be split 100 million times and this smallest unit is called Satoshi. This is the information you can learn in many channels.
iwuwi12ueiei212
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August 03, 2018, 08:03:38 AM
 #35

The value of Bitcoin can be converted into cash if you sell it at the market level. Can sell with high profit returns or low prices and accept capital losses. You can dig up Bitcoin from virtual money machines but it's really hard and requires a lot of modern mining tools.
BrookeqeBennett
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August 03, 2018, 09:06:49 AM
 #36

You can use Bitcoin to trade faster than cash, but currently Bitcoin is currently only available in developing countries. Digging Bitcoin is done by an application installed on the computer so anyone can participate in the Bitcoin Digging System. You can exchange money from Bitcoin to your bank card and withdraw money from it
jsecoinfan
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August 27, 2018, 08:36:42 PM
 #37

I will be cost nothing soon))
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August 27, 2018, 08:44:56 PM
 #38

I think that bitcoin will be all or nothing and soon we will find this out.
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August 28, 2018, 04:02:54 AM
 #39

So i am new to this so i want to know what are bitcoin worth? What can you use them for? Where can you mine them? And can you turn them into cash?

Bitcoin is huge coin which have many applications and possibilities. In my opinion you can do everything with bitcoin.

You can turn it to cash without any problem, the only thing which you must do is be careful because thieves are everywhere.
To mine you need good pc which huge power but more informations about it you will find in mine section.

Bitcoin is the most profitable coin so it is worth to buy, but it is the most expensive coin so you need a lot of money for bigger investmet

artistus84
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August 28, 2018, 07:55:09 AM
 #40

Bitcoin is a cryptocurrency. Bitcoin can be mined or participate in various drops and exchanged for bitcoin. You can also increase trading on crypto exchanges. On the more of exchanges there are currency pairs bitcoin\Fiat. It is possible to exchange and withdraw cash.
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