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Author Topic: Bitcoin is downloading money into your PC  (Read 638 times)
Gozie51
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April 06, 2019, 07:06:30 PM
 #41

Does this work like faucet or something like that. Reading the page, I kept being doubtful what this could be, that bitcoin is downloaded to PC, that will definitely be a miracle to happen.  Grin

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April 06, 2019, 08:03:06 PM
 #42


mining btc with the pc is different to download movies and music and much more complex and difficult are needed very powerful computers dedicated graphics cards and there is always the risk of merging the pc and we have to deal with the cost of electricity i think today only a few still succeed withs this(mining), but the idea itself is fantastic to produce from nothing or almost something of value(btc/altcoins)...
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April 06, 2019, 08:06:10 PM
 #43

It seems to me that this is all our future. In order to download Bitcoin on our campaigns, they need to be very powerful. And now not everyone can afford it.

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April 06, 2019, 08:35:31 PM
 #44

I get your point that everything nowadays is digitalized .
But OP crypto or Bitcoin isn't something you download it is mined or earned through the internet.
We don't download Bitcoin into our PC we download Bitcoin wallets to keep it on track on our PC .
Bitcoin wallet and Bitcoin is two different things it is like you are telling that wallet and money are the same.

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April 06, 2019, 08:45:10 PM
 #45

In fact, even before knowing the world of cryptocurrencies, as soon as I had access to the Internet in my city, I realized that "downloading" money from the Internet was really possible, practically creating money from thin air!

Although my beginnings were from another field, I was fortunate to get many free bonuses to invest in Forex and in that way I could obtain important benefits over the years without investing a single buck, receiving the money directly to my bank account with a couple of clicks.

 Now that I have been involved in the issue of cryptos, I have realized that the profit potential is now much greater than then, so I agree that bitcoin is also a way to download money into your PC.
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April 07, 2019, 03:07:16 AM
 #46

There are earning sites that let you earn a few cents by downloading apps, clicking or watching ads. But that is way different from how bitcoin functions. I hope OP understand Bitcoin as technology and bitcoin as a currency.
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April 07, 2019, 03:15:42 AM
 #47

We don't download bitcoin. We may down the App. But every one has a participation that grants them each bitcoin they acquire. Bitcoin wallet may be downloaded too. Even the bank keep their account record on the system and that doesn't mean the money was downloaded. Well, you may download yours as an example.
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April 20, 2019, 04:32:30 AM
 #48

If we take it literally it is something getting a load of money and place it in your computer but the real thing here is money needs to be earned and you can do it in many ways.
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April 20, 2019, 04:52:02 AM
 #49

I get your point that everything nowadays is digitalized .
But OP crypto or Bitcoin isn't something you download it is mined or earned through the internet.
We don't download Bitcoin into our PC we download Bitcoin wallets to keep it on track on our PC .
Bitcoin wallet and Bitcoin is two different things it is like you are telling that wallet and money are the same.

Yeah this is truth. This thread got a decent amount of clueless answers.

Blockchain technology can be downloaded and used and also more features created, this is done mostly by developers but Bitcoin is decentralized. So you cannot have it all. People with a lot of money or resources can't, even more us.
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April 20, 2019, 05:06:24 AM
 #50

If we take it literally it is something getting a load of money and place it in your computer but the real thing here is money needs to be earned and you can do it in many ways.
What are these ways i can do in order to download it? Or should I say "earned"?
Earning money needed time, effort and also hardwork thats the first thing you need in yourself for you to cope up in these ways in earning money in btc. Just like joining in bounty campaigns, doing trading, mining and the best here is hodling,  for me I experienced alotting time and effort in gaming it entertains me and also the best thing here is I earned.
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April 20, 2019, 05:16:42 AM
 #51

Well every time I log onto my PC I consider it a real miracle and the biggest life-changing thing that ever happened to me was the Internet, then the 2nd greatest thing was the Blockchain. I am fifty-three years old and have seen a few technological advances in my time, but nothing as great as these two so far. Soon AI also will bring huge changes in our lives, but it's true, owning Bitcoin now is a bit like downloading money from our computer because I can sit at home or be on my mobile phone and have access to Bitcoin and other Digital Currencies. We really need to appreciate this more and more and give it the true value it deserves.


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April 20, 2019, 05:36:13 AM
 #52

if money can be downloaded, many people will do it, then there will be hyper inflation, and money is no longer valuable

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April 20, 2019, 05:44:48 AM
 #53

Absolutely, downloading is only one way to access their bitcoin through a bitcoin wallet. If all can be downloaded including bitcoin, people are already rich, even mining is not as easy as downloading software from the internet.
Bitcoin is indeed decentralized, and we are given the freedom to transact without government interference. But you need to know, actually the government also oversees bitcoin through banks as we all know that there are many issues about banks and bitcoin

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April 21, 2019, 06:05:37 AM
 #54

I understand the intention but the analogy is flawed. The bitcoins live in the blockchain, it would be more correct to say, "the cloud". Wallets are, not really wallets, they never hold money. What they hold is keys that let you in control of such money. Therefore a wallet is like a terminal for a remote computer. When you get bitcoin, you are simply given control of them.

Because of this, losing the wallet never loses the money, it only loses the keys that let you control it. So if you have "backup keys", you can still control them using a brand new wallet just fine, unlike a real wallet with money that gets lost.

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April 21, 2019, 06:41:35 AM
 #55

The people back in the early days were essentially just printing money from nothing.  You could mine on a weak ass pc or even a gaming console if you wanted to.  Those days are long gone with big boy farms taking over everything with asics.
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April 21, 2019, 06:49:27 AM
 #56

I think chances are you are 99% percent going to download a covert mining trojan that is going to use your PC resources to mine coins for some hacker in Russia  Grin There is no such thing as free lunch.
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April 21, 2019, 06:57:58 AM
 #57

if money can be downloaded, many people will do it, then there will be hyper inflation, and money is no longer valuable

I don't think this is the main idea of the thread. The friend who opens the thread is more interested in telling people about the system. And if this angle changes, there might be something very interesting in the future.
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April 21, 2019, 07:10:25 AM
 #58

There is difference about download music, videos, software or something and download money. I think it's not actually this that we download money into our PC. Yes we can earn money through the internet connected PC by mining or like that. We can't download money into our PC but our PC is the way to earn money.
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April 21, 2019, 08:25:30 AM
 #59

I do not understand the technical aspects So if I'm wrong, people will correct me. People download the wallets, they do not download bitcoin. People mining bitcoin, they do not download bitcoin.

https://www.bitcoinmining.com

I believe that there is a great difference between bitcoin and download music, video, photos from the internet
With BTC and altcoin, you only download Blockchain communication tools! Protect wallet.dat file securely for your own assets!
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April 21, 2019, 10:06:13 AM
 #60

I do not understand the technical aspects So if I'm wrong, people will correct me. People download the wallets, they do not download bitcoin. People mining bitcoin, they do not download bitcoin.

https://www.bitcoinmining.com

I believe that there is a great difference between bitcoin and download music, video, photos from the internet

In support to your statement, there is really a big difference between bitcoin and music, video and other media. Also bitcoin cannot be downloaded but we can download wallet instead. Mining bitcoin and sending bitcoin works differently from sending videos and music. When you send music and video  you can send that media to almost everyone. This means that there is duplication, however if we talk about cryptocurrency, it is a different thing. There are certain protocols to follow and it works through a blockchain technology, wherein you cannot send twice what you already send.

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