FC Community
Discussion Boards => Off-Topic => Topic started by: Mizzkizz7 on November 23, 2020, 12:50:24 pm
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How does this work? I hear a lot about it. ???
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Don't know don't trust it.
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I have heard about them but I am not familiar with them. Maybe one day I will do some research.
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:cat:
How do the taxes work when you cash in Bitcoins? Do you pay taxes on the Gift Cards too?
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FYI a 1 Bitcoin is worth about $18000 so I doubt anybody on here had 1 :o 8)
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From what I understand, it's virtual currency...and apparently it's value has gone up recently! I read somewhere that supposedly it's a good investment, but I'm skeptical...and it seems way above my pay grade anyway lol
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I'm very curious about Bitcoin, especially since I heard it can be traded for Gift Cards. :turkey:
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Tonight I'm going to Google bit coin. But 1 bitcoin cost 18,000 thats an expensive coin.
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I haven't had anyone able to explain it to me so I have stayed away. I tried to learn some on the internet but need someone to explain to me in english.
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Just heard about them. Don'ts know exactly how they work. :(
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They have been around for a little while, I do not understand them yet. I need to visit a friend and learn about them. She bought some the year I retired.
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:cat:
Just saw an ad that said Paypal is now available for this currency and there are instructions on their site how to participate.
(Reddit, Swagbucks link had the very small 2x 2 in size, blink and you miss it !! LOL)
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Bitcoin is pretty sketchy if you are asking me.. The majority of people that are investing in it are either millionaires or they are laundering their dirty money. It's pretty impossible for a normal person to be able to purchase a bitcoin, especially since its value it's over 30 000 dollars at the moment. If you really want to invest in Bitcoin, I would suggest you get a mining rig. Personally, I have been using https://evominers.com/product/innosilicon-a10-pro-500mh-s-6gb-ethereum-miner (https://evominers.com/product/innosilicon-a10-pro-500mh-s-6gb-ethereum-miner) and I am satisfied by it so far. You have to be really patient since it will take a while until you will be able to make some money out of it
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Bitcoin is the future and everyone should get in NOW! :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:
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Did you hear about the guy who bought a lot of bitcoin when it first came out thinking it wouldn't amount to anything. Well now it has accumulated to millions of dollars and he forgot his password and can't get to his money. LOTS of money :bad:
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I have heard this so many times and of course sometimes it what we have to enter to get the daily e-mail. I don't know anything about it.
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Did you hear about the guy who bought a lot of bitcoin when it first came out thinking it wouldn't amount to anything. Well now it has accumulated to millions of dollars and he forgot his password and can't get to his money. LOTS of money :bad:
He did not forget his password. He threw away the hard drive that had the virtual wallet on it. Passwords are easy to retrieve if you use real info. I don't think he "didn't think it would amount to anything". He thought he had the wallet backed up some where else. And who knows if he is even telling the truth.
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Heard about them, but don't know how it works,
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I don't understand it but my son has it and feels it's the way to go. I'm not so sure and not interested.
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I don't understand it but my son has it and feels it's the way to go. I'm not so sure and not interested.
Five years ago I heard about it in the news every now and then, but also did not understand it and didn't bother researching it (which I 100% regret today). It wasn't until I saw that one of the other pay sites I used had Bitcoin available as one of their cash out options that I decided to look into it in 2017. I've been slowly accumulating it ever since and is now becoming a significant part of my personal retirement plans.
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I've been wanting to get into bitcoin for a couple of years now but I don't understand it enough to really get into it. I mean, I have a membership on a site where I can get some but at the rate I'm going, I don't think I'd make even one worth over 32 grand (at the time).
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BitCoin is dangerous
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BitCoin is dangerous
What makes you say this? How do you believe that it is dangerous?
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I've been wanting to get into bitcoin for a couple of years now but don't understand it enough really get into it. I mean, I have a membership to site where I can get some but at the rate I'm going, I don't think I'd make make even one worth over 32 grand.
You don't need to buy a whole Bitcoin to make money, they sell it in fractions as low as $1 or so. You also don't need to understand it, just own it when it goes up. I took out over $400 in Gift Cards for Christmas last year all paid for with my Bitcoin Balance and still have a few hundred dollars left. The amazing part is I didn't buy any of it, I got paid free prize money from a couple of advertising websites I use every day. Part of that came from referrals, so you need to Google me to find out how anyone can do it that wants to put in the work. They don't let us post referral links here and I am not about to give away my Golden Goose for free.
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I've been wanting to get into bitcoin for a couple of years now but don't understand it enough really get into it. I mean, I have a membership to site where I can get some but at the rate I'm going, I don't think I'd make make even one worth over 32 grand.
Not many people will ever be able to own a full Bitcoin, but the beauty of it is that it is divisible out to eight decimal points beyond the whole. You don't have to have a full BTC in order to own value or transact business. So if one BTC is worth $32,000 USD - you can own 0.00003125 BTC and have the equivalent of $1. Just like you don't need to own a full dollar in order to have spendable money - it can be broken down into cents - which won't buy you very much, but you get the concept.
Another way to look at it = Apple stock is currently trading at just over $143 per share, but that doesn't mean that I have to buy it or hold it (or sell it) in whole share amounts. I can invest $5 at the above price and own a fractional share and hope that Apple goes up to $715 per share - which would then make my stock worth $25. Bitcoin works virtually the same way.
But just like anything else of value - it can go up OR down, so you can gain OR lose value. Just like any other investment, you should never put in more than what you can afford to lose. This is why I never buy BTC with anything other than my everyday spending money or as a cash out option from one of my online earning sites.
It has gone both up and down in value since I started investing in 2017, but with both gains and losses - I am up significantly in my overall BTC worth.
DISCLAIMER:
I am not a financial advisor and my comments above do not constitute financial advice. Investing in Bitcoin has potential rewards as well as potential risks involved. It may not be suitable for all people. Anyone wishing to invest in Bitcoin should seek his or her own independent financial or professional advice.
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Beat me to it oldbuddy! ;)
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I found some of the sites like Square and Paypal to have good information on BitCoin and what might be the pro and con of investing in them. I found reading them helpful just to educate myself. I just began to invest a bit myself as I want to learn more. Seems fascinating and may be the way of the future.
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I don't understand how it works...Like when you get payments in bitcoin .. completely confused
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Beat me to it oldbuddy! ;)
Well said my friend. Maybe a few will get the point.
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I don't understand how it works...Like when you get payments in bitcoin .. completely confused
You are trying to complicate things. You have a wallet you sign up with for free and when someone wants to pay you they use your wallet address and it goes into your account. It's just as simple as a Bank where you have them post the payment to your routing number. When you want to buy something with Bitcoin (like a gift card) you send the required payment to their Bitcoin Address.
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I have bought bitcoin and it has over doubled in value up to now.
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learned a good bit about the bitcoin from here..thank you
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Too expensive for a non guaranteed ROI
Tonight I'm going to Google bit coin. But 1 bitcoin cost 18,000 thats an expensive coin.
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I wish I could tell you, it always looked sketchy to me so I never checked it out too much.
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I wish I could tell you, it always looked sketchy to me so I never checked it out too much.
You don't need to buy a whole Bitcoin, they sell fractions or you can buy lower cost coins and exchange them.
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This Bitcoin thing is like the Dark Web exposed, and yet no one seems to understand it...
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This Bitcoin thing is like the Dark Web exposed, and yet no one seems to understand it...
It's no darker than Wall Street Manipulations and not hard to understand for me.
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Time Bucks is a site I used to do until they stopped PayPal. They used to also pay bitcoin. Maybe I'll check it out again?
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I've heard bitcoin being called the future. Disagree because just like any stock that has taken hits at times. It can go up and down and be jumpy at times. Its just a micro currency there have been a few nothing really solid id even take a risk in
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Their is a strategy I'm using with another site where, if I can maintain it for a decade (as per my recent calculations), I can have about 10% of whatever the value of the bitcoin will be at that time. It doesn't sound much but its better than nothing and it doesn't come out the pocket.
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Time Bucks is a site I used to do until they stopped PayPal. They used to also pay bitcoin. Maybe I'll check it out again?
I get the Tango card, then Amazon or eBay , what's the difference if your gonna spend money there anyway?
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A lot of people do not understand how it works and sometimes it is even funny to follow how people say that they do not understand how it works and why it is all necessary. Let me explain in a nutshell, bitcoins is a currency that has a large amount in itself, and which is very much worth protecting because you can earn for years and then a fraudster will simply steal it in a couple of minutes. And to best protect myself I use the bitcoin tumbler (https://mycryptomixer.com/). This site provides services for securing your wallet using a variety of methods of securing. Thousands of people have already protected their account and you are no exception.
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You don't need to buy a whole Bitcoin, they sell fractions or you can buy lower cost coins and exchange them.
and what do you propose to do in this situation
Um... well... I think he proposed that you buy fractions of Bitcoin, or to buy other lower cost coins and exchange them.
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At one point Bitcoin was the it coin. I do wonder if it's still the better to own them or not.
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At one point Bitcoin was the it coin. I do wonder if it's still the better to own them or not.
I don't own them for long, I USE them to buy goods and services online for my home use. I make a lot of purchases from Amazon and groceries from Safeway to name a couple. The point is, I would buy these anyway, so why not use Bitcoin that I get for free?
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:cat:
That is exactly how I use the Tango GC from different sites, to pay for things I would normally buy at Amazon or eBay, Walmart or Target every little bit helps and even if it doesn't come in "cash" per se, it still spends like cash!
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:cat:
That is exactly how I use the Tango GC from different sites, to pay for things I would normally buy at Amazon or eBay, Walmart or Target every little bit helps and even if it doesn't come in "cash" per se, it still spends like cash!
But Tango Cards are not BitCoin. Gift cards are basically the same as cash just restricted as to where you spend it.
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I recently noticed a survey site that allows you to redeem in bitcoin, how interesting.
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My oldest son is into Bit Coin. He carefully explained it to me and I still don't get it. :confused1:
But they're worth a lot of money and it's really risky IMO.
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My oldest son is into Bit Coin. He carefully explained it to me and I still don't get it. :confused1:
But they're worth a lot of money and it's really risky IMO.
I have read a little and it does not make sense. I know there have been a lot of people lose everything and have had accounts locked and seized. I would rather have cash or gift cards as far as pay for a survey. Not a worthless something I don't even know what is that 10 years from now might be worth something. :D
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I don't understand how bitcoin works so I don't fool with it.
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It is skyrocketing in value again today after Elon Musk / Tesla invested $1.5 Billion in Bitcoin and announced that Tesla would begin accepting Bitcoin as a form of payment soon. Bitcoin hit a new all time high in value as a result of this investment and announcement.
:thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:
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I've heard a lot about it but never knew how that works
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With what's been happening in the past two months with the bitcoin, I feel like half of the population invested some amount in it. I'm part of that half, haha. I've always had an interest in investing, but I was just too scared. I've had this idea that it's all about luck and guesses, but a few friends showed me that's not the truth. It's about research and understanding of the market. There are lots of this that can help you out there if you are just thinking about investing now. I personally love using Investous (https://www.investous.com/), always recommend it, but there is something for everyone there. Also, it's a domain for everyone, like for literally everyone.
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I think now it's necessary to invest in cryptocurrencies, which are at the very beginning of growth, and not in Bitcoin because the market is very functional and unpredictable. A lot of people now notice who makes money from trading on the cryptocurrency market, but also on the stock market, but in my opinion, there is a considerable risk of losing significant amounts of money. There are I know people who offer binance signals (https://cryptoinformator.com/crypto-signals) to those who are engaged in trading. You can win with them, but I can't say that this is what provides security because no one knows how to read and analyze the market exactly 100%, because it is impossible. A false news about Bitcoin can cause prices to drop and rise rapidly. It's very unpredictable.
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I think now it's necessary to invest in cryptocurrencies, which are at the very beginning of growth, and not in Bitcoin because the market is very functional and unpredictable. A lot of people now notice who makes money from trading on the cryptocurrency market, but also on the stock market, but in my opinion, there is a considerable risk of losing significant amounts of money. A false news about Bitcoin can cause prices to drop and rise rapidly. It's very unpredictable.
You just made a prediction we can take to the bank. If it goes up take profits, if it goes down buy more.
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How does this work? I hear a lot about it. ???
Good Question! Apart from being a universal tender, how does it compare with buying stocks, up and down in different increments, right.
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How does this work? I hear a lot about it. ???
Good Question! Apart from being a universal tender, how does it compare with buying stocks, up and down in different increments, right.
Most people overcomplicate it. Actually it's money, just like any other money and it spends the same. I find ways to earn it online and spend it on gift cards (like groceries and Amazon) to support my family, just like I did with dollars when I was working.
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There is too many secrets about this currency, I rather handle cash....
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There is too many secrets about this currency, I rather handle cash....
There are no secrets, there is information all over the Internet.
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The world of cryptocurrency is very complex and yet so simple. I'm so excited to see that more and more people are interested in digital coins. To answer your question, BTC is a digital currency that doesn't physically exist in reality, and it's stored in your digital wallet. You can do transactions with it, and in time you can earn money with it because digital coins are constantly fluctuating. I'm sure this will slowly become the main form of payment. I hope you have the bigger picture of what it means. To be honest, at first, I couldn't perceive the concept of it. The same I could not understand forex trading. But, after months of research and studying, I found a forex broker (https://forextb.com/) and started making money. I hope you do the same!
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I would like to learn too.
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I would like to learn too.
There are a lot of resources out there and several members of the FC forum (myself included) who are able and willing to assist with that. Just google or ask! But because some of the 'teaching' typically includes referral links, it would have to be done off site.
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Never quite got the point of this.
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I recently heard of a bank that might give incentive of doing everyday tasks (like opening a bank account, going paperless with your statement etc) with bitcoin. I thought that would be a more risk free way for me to get a toe in for bitcoin for me.
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Do you recall what bank that was?
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Do you recall what bank that was?
I can tell you that US Bank rebates my monthly fees every month because I am a senior, so my account ends up being free.
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Evidently, people in my area are using BitCoin because when I was at my favorite grocery store on Monday, after I checked out, I noticed a BitCoin machine against the wall next to the lottery machine. I couldn't stop to see what it was all about but I will the next time I go to that store.
I don't know much about it myself and really haven't wanted to bother but as others on here said, this is the future. People don't want to touch money anymore for a variety of reasons. Me, I like to count it because I know exactly what I have on hand. :D
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Evidently, people in my area are using BitCoin because when I was at my favorite grocery store on Monday, after I checked out, I noticed a BitCoin machine against the wall next to the lottery machine. I couldn't stop to see what it was all about but I will the next time I go to that store.
Most likely it was a bitcoin ATM. Some people use those to buy BTC with cash on hand - although from what I have heard, they usually charge pretty significant fees for the "convenience". I stick to online exchanges to buy my BTC. They still ding you with fees, but I don't believe they are nearly as high. Also - I am always leery about ATMs in grocery and convenience stores. You never know who is hiding around the corner watching you with a wad of cash in your hand!
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My friend is telling me about BitCoin as I read this, what a coincedence. Seems pretty lucrative and interesting.
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I've felt this way since hearing about it, but it seems like people have really gained from doing it.
Don't know don't trust it.
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Stocks are better than trading crypto.
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Stocks are better than trading crypto.
My stock portfolio and my crypto portfolio would beg to differ with you, but I suppose it depends on what your objectives are.
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I invest into bitcoin each month. Right now the market is low. My money is only about doubled. But it will go back up. I had up to 5x my investment. I really believe it is the way of the future.
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I would say investing in Bitcoin right now is the best time (although the price can go lower) as it will go up. I mean it has been down before if you check its 10 year history.
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would like to learn
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I'm not interested in learning about it at this time just focusing on the dollars because they been working pretty good for me, but I may check into it one day.
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Hey, guys. Can anyone recommend an online casino gaming platform? I want to try something new. But there is one caveat, I have all my savings in bitcoins. And I'm thinking about which option to choose. Or withdraw them from bitcoin and place bets. Or you can try to place a bet using cryptocurrency. I heard that now many online casinos have decided to switch to cryptocurrency. But I haven't tried playing this way yet. I only know about the existence of this platform http://lambo2btc.com/dogecasino. Maybe someone knows something about this? Is it possible to get a big win on it? It is interesting to see how this differs from a regular casino game.
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I think you should try both options to figure out which conditions they offer, which commission they take, and what benefits you have at the same time. Many specialized groups on the market offer the best crypto signals (https://www.fatpigsignals.com/) for those who want to be constantly on the subject and receive up-to-date information about profitable deals. If you subscribe to them, they will regularly send you all the best news and offers in the telegram channel that will allow you to get rich on cryptocurrency. If you are a beginner, then this is exactly what you need.
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Hey, guys. Can anyone recommend an online casino gaming platform? I want to try something new. But there is one caveat, I have all my savings in bitcoins. And I'm thinking about which option to choose. Or withdraw them from bitcoin and place bets. Or you can try to place a bet using cryptocurrency. I heard that now many online casinos have decided to switch to cryptocurrency. But I haven't tried playing this way yet. I only know about the existence of this platform http://lambo2btc.com/dogecasino. Maybe someone knows something about this? Is it possible to get a big win on it? It is interesting to see how this differs from a regular casino game.
I have been using it for a few years and love it. There are a few things to learn, but if you take it easy I find it easier than something like Forex. Look me up online and I can give you some tips.
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When I get cryptocurrency for a captcha, I refresh and get another one.
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Bitcoin, how work? Bitcoin is a digital currency stored in a digital wallet app, and you can send them to other people as well. People invest in Bitcoin and can withdraw large sums due to this currency. It is risky, but if you don't invest a lot and your steps are wise, the chances of loose money are not so big. I prefer trading. Traders take advantage of all the potential opportunities of Bitcoin's volatility. I am trading for some years, and the income that I get is high. You can read How to swing trade (https://timthomas.co/swing-trading-strategies/). This is so interesting. Maybe you will like the info, and you will start trading and earn a lot of money.
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Bitcoin is nice to have but not when it drops heavily at times. Just like a stock option that could literally make you poor quick if you have too much invested in it. If any of you do investments its better to have a broad range of them so your no sitting all your eggs in one basket and the basket being crushed and you lost all your eggs and in a hole
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Bitcoin is pretty sketchy if you are asking me.. The majority of people that are investing in it are either millionaires or they are laundering their dirty money. It's pretty impossible for a normal person to be able to purchase a bitcoin, especially since its value it's over 30 000 dollars at the moment. If you really want to invest in Bitcoin, I would suggest you get a mining rig. Personally, I am recommend to visit Aitarget (https://www.aitarget.com/). I am satisfied by it so far. You have to be really patient since it will take a while until you will be able to make some money out of it
Interesting thoughts, but you are not understanding the key aspect of bitcoin.. :confused1:
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Bitcoin is nice to have but not when it drops heavily at times. Just like a stock option that could literally make you poor quick if you have too much invested in it. If any of you do investments its better to have a broad range of them so your no sitting all your eggs in one basket and the basket being crushed and you lost all your eggs and in a hole
You are missing one point completely. I have been holding Bitcoin for several years and watched it go up and down like a roller coaster, but I have never lost a penny on it. First of all, I got my initial stash by earning it free and no matter how low it goes I can't lose unless I sell it. Instead, it has always come back as long as I am patient.
I Love it when I see those free pennies turn into Hundred Dollar Bills. :heart: :heart: :heart:
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One of the primary goals for the creation of bitcoin was for it to be superior to traditional currency.
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It recently hit a new all time high... :thumbsup: :thumbsup: :thumbsup:
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I put money into it every month, it is at least double what I have invested.
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I Love it when I see those free pennies turn into Hundred Dollar Bills. :heart: :heart: :heart:
Magical Internet Money is amazing!
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Coinbase is a good platform with lots of educational material that I found helpful to get started.
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Coinbase is a good platform with lots of educational material that I found helpful to get started.
Easy to reach sucn a conclusion when they pay you with free Bitcoin for using them.
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No thanks.
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No thanks.
You are most welcome, just means more left over for me.
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How can you get a leg up on the competition in the bitcoin market? Many individuals inquired about this since they had no idea what sliding and their types were. If any of the same persons are among the readers of this, I recommend that you figure out what it is. See dema (https://goodcrypto.app/advanced-moving-averages-smma-ama-lwma-dema-tema-a-complete-guide-for-crypto-traders/) for more information.
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It's a pretty popular technology nowadays based on blockchain. It's just digital money and I think that if you're willing to get into something like that, it would be better for you to learn more about nft. Have you heard of these tokens? You can check the top nft collections on TopNFTCollections (https://topnftcollections.com/), and if you'll decide that it's for you, you can start investing or maybe even make digital art to profit.
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Bitcoin will replace the dollar in the near future. Change my mind
And I'm talking not about the US economy but about the world in general
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I'm itrested of it, but I don't unerstand how it work?
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From what i have read on this, Bitcoin is a horrible investment. But to each their own of course.
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Just do what ya feel after researching it
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From what i have read on this, Bitcoin is a horrible investment. But to each their own of course.
I am sure there are plenty that think Stocks are a horrible investmnent too, but Bill Gates is not one of them.
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The value of cryptocurrency depends on different factors. It all depends on what kind of crypto we are talking about because every crypto gets its initial funding from different sources. I have a small company of people who have been working in this field for a long time. And we want to launch our own cryptocurrency. Right now, we are looking for more investors to help us. But we have already decided that we will launch it via http://bhero.com (https://bhero.com/launchpad) because it is quite a reliable launchpad.
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defense stocks are good considereing whats going on in asia and in europe. But thats a conservative and long-run stance
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Reading this thread is better than watching Saturday Night Live (which I do not do). The strategy I am currently using is to deposit small earnings from online websites to collect compound interest daily. In the few years I have been doing it, it has gained a profit every day. Sure the value of Bitcoin goes up and down, but I have never lost a penny (Or a Satoshi which is smaller) if I just wait for it to go back up. In fact, when it goes down I just concentrate on earning more. Fusioncash is a prime example. I am absolutely thrilled when I earn a $25 payment in several months so I can watch it grow like Jack's beanstalk.
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I found coinbase.com to have good educational materials on bitcoin investing. Hope that you will find them helpful.
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I found coinbase.com to have good educational materials on bitcoin investing. Hope that you will find them helpful.
They were not only useful to me, but I made almost $100 for taking simple multiple choice quizzes on what I just learned, with as many tries as I needed for each question. If you find a deal any better than this, please let me know.
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Bitcoin is a form of digital cash that eliminates the need for central authorities such as banks or governments. Instead, Bitcoin uses a peer-to-peer internet network to confirm purchases directly between users. I started trading some years ago with the cent account I got from https://fbs.com/trading/cent (https://fbs.com/trading/cent), and always buying BTC from all the money I got from trading. It is a good investment because its price is always growing, and with some patience, you can get some really good money from investing and waiting.
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Bitcoin is a form of digital cash that eliminates the need for central authorities such as banks or governments. Instead, Bitcoin uses a peer-to-peer internet network to confirm purchases directly between users. I started trading some years ago with the cent account I got from https://fbs.com/trading/cent (https://fbs.com/trading/cent), and always buying BTC from all the money I got from trading. It is a good investment because its price is always growing, and with some patience, you can get some really good money from investing and waiting.
Anyone reading this needs to do their own research and check historical charts before they take action and be aware that Forex is NOT BTC. BTC is not growing at this time, but you can get it free and wait until it does with no cost.
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BTC is not growing at this time, but you can get it free and wait until it does with no cost.
Heck, now is a great time to buy some! I just got a small sum that I wasn't expecting from a class action suit I was a part of. Not enough to go on a spending spree, but enough for a really nice dinner and tip at a fancy restaurant. I decided to dump it all into BTC. It wasn't "free" but it felt like it!
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BTC is not growing at this time, but you can get it free and wait until it does with no cost.
Heck, now is a great time to buy some! I just got a small sum that I wasn't expecting from a class action suit I was a part of. Not enough to go on a spending spree, but enough for a really nice dinner and tip at a fancy restaurant. I decided to dump it all into BTC. It wasn't "free" but it felt like it!
I know what you mean. I just withdrew $20 from another survey site and it's going into BTC.
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I agree that now is the time to invest in crypto if you're willing to profit because in the nearest future, this market will only grow. I've been into this field for some time, and SingularityDAO medium articles helped me understand that working with DynaSets is a great solution for novice investors. So if you're interested, I highly recommend you check them out as well and see that investing in a set of assets is much more profitable and not that risky, especially if you're using a reliable platform.
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I agree that now is the time to invest in crypto if you're willing to profit because in the nearest future, this market will only grow. I've been into this field for some time, and SingularityDAO medium articles helped me understand that working with DynaSets is a great solution for novice investors. So if you're interested, I highly recommend you check them out as well and see that investing in a set of assets is much more profitable and not that risky, especially if you're using a reliable platform.
I might be missing the opportunity of a lifetime, but after looking at your profile and previous posts I am highly unlikely to take advice from a newbie when it comes to risky ventures. I highly recommend that anyone looking for advice weigh the experience of any advisor they are considering.
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The development of the crypto industry carries increasing risks and threats. The high volatility of the exchange rates attracts a large number of scammers to crypto trading. At the same time, it is worth noting that it is currently impossible to ensure the necessary transparency of the cryptosphere. At the global level, the approach to regulating the crypto market has not yet been formed, so this industry is in a ""gray"" zone in many countries. Despite this, many continue to invest in cryptocurrency and look for smarter crypto and stablecoin decisions (https://hodlrate.com/). How many more years do you think cryptocurrency will be relevant?
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:cat:
Today:
1 Bitcoin =
19,553 US Dollar
The closing price for Bitcoin (BTC) on September 28, 2021 was $41,016.55. It was down 2.7% for the day. The latest price is $19,559.98.
How on earth can you put your money in this?? ???
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:cat:
Today:
1 Bitcoin =
19,553 US Dollar
The closing price for Bitcoin (BTC) on September 28, 2021 was $41,016.55. It was down 2.7% for the day. The latest price is $19,559.98.
How on earth can you put your money in this?? ???
Simple answer: because I got it free and have no risk, but have experienced it reaching stratospheric heights in the past.
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:cat:
Was that high worth it? Scares me to lose even if I got it free!! :sweat:
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:cat:
Was that high worth it? Scares me to lose even if I got it free!! :sweat:
If that is truly the case, you are playing in the wrong game.
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Anonymity is a direct path to security. For complete anonymity of crypto-transactions there are various services nowadays. If you don't want to leave any traces after your transactions, use https://yomix.io . Bitcoin mixer solves this problem and guarantees complete confidentiality. This service charges a very small percentage compared to similar sites and programs. With its help, you can be sure that all your data is maximally protected.
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Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. It allows for the transfer of value without the need for a central authority or intermediary. The technology that enables Bitcoin is called the blockchain, which is a public ledger that records every transaction made on the network.
Here is a brief overview of how Bitcoin works:
Bitcoin users create a digital wallet that is used to store and send bitcoins. Each wallet is identified by a unique address.
Transactions are initiated by sending bitcoins from one wallet to another. The transaction is broadcast to the network, and every node on the network validates it.
The validation process involves verifying that the sender has sufficient funds to complete the transaction and that the transaction is not a duplicate or fraudulent. This is done through a process called mining.
Mining is a process in which nodes on the network compete to solve a complex mathematical puzzle. The first node to solve the puzzle is rewarded with new bitcoins and is allowed to add the transaction to the blockchain.
Once a transaction is added to the blockchain, it is permanent and cannot be reversed or altered.
The blockchain is a public ledger that contains a record of every transaction ever made on the network. This makes it possible to verify the authenticity of any transaction.
The supply of bitcoins is limited to 21 million, which means that the currency is deflationary. This means that as demand for bitcoins increases, the value of each bitcoin should increase as well.
Overall, Bitcoin operates on a trustless system that relies on cryptography and decentralized consensus to validate transactions and maintain the integrity of the network.
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I don't know anything about BitCoin and am not really interested in learning more about it. I am too old to get into anything new.
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I'm 84 and I love Bitcoin.It supplies me with my allowance of $100 a month spending money. :heart:
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whats the learning curve like?
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Tonight I'm going to Google bit coin. But 1 bitcoin cost 18,000 thats an expensive coin.
You should have bought it when you had the chance, it's worth $28,000 now.
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I can totally understand your curiosity about Bitcoin. It's fascinating to see how its value has been soaring. I remember when it was priced at $18,000, and now it has reached a staggering $28,000! It's mind-boggling how quickly things can change in the world of crypto.
If you're interested in exploring Bitcoin further, I suggest giving Moon Bitcoins a try. They offer free Bitcoin mining, which can be a great way to dip your toes into the crypto world without investing a lot of money upfront. You can check them out at https://www.moonbitcoins.com/dashboard (https://www.moonbitcoins.com/dashboard) and see if it's something that aligns with your interests.
It's important to approach Bitcoin with a sense of caution and do your own research. The market can be volatile, and it's always wise to invest only what you can afford to lose. That being said, there's no denying the potential of cryptocurrencies and the opportunities they present.
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The price changes can be scary though, the only number I care about is my account balance. I focus on earning more Satoshi, no matter what the price is for the day, because I have been doing this long enough to know that several million Satoshi in my balance can offset huge price drops when you average them out over time. My price was once at $60,000 and I had built my balance to several thousand Satoshi, but I am much more excited now that the price has dropped to around $26,000, but my balance is almost to Four Million Satoshi. Which would you rather have?
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Guys hear me out. BitCoin is dead. It's all about the Trump Bucks now, once Trump is back in office the value is going to go way up. I got he link below for anyone else who wants in.
https://trumpbucks.net
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Guys hear me out. BitCoin is dead. It's all about the Trump Bucks now, once Trump is back in office the value is going to go way up. I got he link below for anyone else who wants in.
https://trumpbucks.net
I am a staunch Trump supporter, but please stay away from these Big Sucker Bait Ads trying to lure you in. Don't Fall For Them.
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Guys hear me out. BitCoin is dead. It's all about the Trump Bucks now, once Trump is back in office the value is going to go way up. I got he link below for anyone else who wants in.
https://trumpbucks.net
I am a staunch Trump supporter, but please stay away from these Big Sucker Bait Ads trying to lure you in. Don't Fall For Them.
I agree, Although I would never buy bitcoin because it's too volatile and not worth the risk for me, I would certainly not fall for something called Trump Bucks. lol come on. I love Trump, but that is just click bait.
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Guys hear me out. BitCoin is dead. It's all about the Trump Bucks now, once Trump is back in office the value is going to go way up. I got he link below for anyone else who wants in.
https://trumpbucks.net
I am a staunch Trump supporter, but please stay away from these Big Sucker Bait Ads trying to lure you in. Don't Fall For Them.
I agree, Although I would never buy bitcoin because it's too volatile and not worth the risk for me, I would certainly not fall for something called Trump Bucks. lol come on. I love Trump, but that is just click bait.
I would agree with you if I had to risk the hard earned money I made from working or even my Social Security Benefits, but when I can get (and accumulate) massive amounts of Bitcoin (actually Satoshi) for free and receive Daily Compound Interest when I deposit it in my accounts to buy Revenue Shares that pay me every day and have for a couple of years now, there is NO RISK, just free cash flow that has now grown to Four Million Satoshi in my various online accounts, some of which I have already transfered to my government insured savings accounts in USD, would that interest you at all?
The Volatility only effects the PRICE, but it in turn creates the VALUE if you never spend anything to accumulate it and sell it any time you want to as long as the price is above zero, which was your aquisition cost.
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You're all not true believers how dare you accuse anything associated with Trump of being a fraud. He needs our support now more than ever since this witch hunt planted evidence against him by putting "classified" documents in his bathroom. If you aren't buying Trump Bucks or at least Trump NFTs than you're the enemy and you'll face consequences when our dear leader is returned to rightful place. If you want in now in these 100% for sure safe investments I got the links below for real Trump supporters like myself. Maybe you should rethink how you investment your money if you're buying a "digital currency" that only exists on the internet when you could buy in something holy and real like our beloved Trump.
https://www.collecttrumpcards.com/
https://trumpbucks.net
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But its volatility guarantees that you can earn a lot of money on this asset, doesn't it?
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I agree, Although I would never buy bitcoin because it's too volatile and not worth the risk for me.
But its volatility guarantees that you can earn a lot of money on this asset, doesn't it?
No, it means you "might" make some money, but when it crashes (as it just did not long ago) you lose a LOT!! So you are taking big risks. Better to invest in safer or medium risk investments.
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I agree, Although I would never buy bitcoin because it's too volatile and not worth the risk for me.
But its volatility guarantees that you can earn a lot of money on this asset, doesn't it?
I don't take risks, I use free money earned online from my stash of 4 Million Satoshi. But what I will NOT RISK is sending real USD Dollars to some click-baiter posting illegal content in this forum. Go Phishing Somewhere Else.
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I agree, Although I would never buy bitcoin because it's too volatile and not worth the risk for me.
But its volatility guarantees that you can earn a lot of money on this asset, doesn't it?
I don't take risks, I use free money earned online from my stash of 4 Million Satoshi. But what I will NOT RISK is sending real USD Dollars to some click-baiter posting illegal content in this forum. Go Phishing Somewhere Else.
No such thing as free money. That's why I put my faith in a higher power and buy his NFTs.
https://www.collecttrumpcards.com/
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Tonight I'm going to Google bit coin. But 1 bitcoin cost 18,000 thats an expensive coin.
But just like USD Dollar Bills can be exchanged for 100 pennies, One Bitcoin is worth 100,000,000 Satoshi. There is no fee to exchange them, it's all in where you place the decimal point. Likewise a Million Satoshi earned one at a time is still worth over $263 USD and much easier to get free.
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I'd say that Bitcoin has a bright future, so if you're interested in the crypto industry, it's definitely worth learning more about the market conditions to get into that field. Visit site (https://appsgeyser.com/blog/the-global-money-market-has-crypto-as-an-integral-part-of-it/) to learn more about the latest news and discover useful platforms that can help you succeed in that field, and I'm sure you won't be disappointed.
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Bitcoin is a digital marvel that's here to stay. Contrary to naysayers, it's not just safe but remarkably secure, thanks to its decentralized blockchain technology. The argument against Bitcoin's environmental impact is also evolving with more sustainable mining practices and the rise of eco-friendly cryptocurrencies. The truth is, Bitcoin's resilience is a testament to its enduring relevance in the financial world. If you want to dive deeper into this topic, check out this insightful article at https://www.afr.com/opinion/bitcoin-is-safe-sustainable-and-here-to-stay-20171128-gzu5gj (https://www.afr.com/opinion/bitcoin-is-safe-sustainable-and-here-to-stay-20171128-gzu5gj). It explores how Bitcoin's safety and sustainability are driving its continued presence in our global economy.
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Bitcoin is a digital marvel that's here to stay. Contrary to naysayers, it's not just safe but remarkably secure, thanks to its decentralized blockchain technology. The argument against Bitcoin's environmental impact is also evolving with more sustainable mining practices and the rise of eco-friendly cryptocurrencies. The truth is, Bitcoin's resilience is a testament to its enduring relevance in the financial world. If you want to dive deeper into this topic, check out this insightful article at https://www.afr.com/opinion/bitcoin-is-safe-sustainable-and-here-to-stay-20171128-gzu5gj (https://www.afr.com/opinion/bitcoin-is-safe-sustainable-and-here-to-stay-20171128-gzu5gj). It explores how Bitcoin's safety and sustainability are driving its continued presence in our global economy.
The thing a lot of people fail to recognize is that you can earn Bitcoin absolutely free online (slowly) and invest it where they pay you daily compound interest on your deposits and build up a balance over a million Satoshi faster than you imagine which gives you a substantial cash-flow with absolutely no risk, since you are using free money.
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Bitcoin is like digital cash that's not controlled by any government or central authority. Instead, it relies on a decentralized technology called blockchain, which ensures security and transparency in transactions.
Now, why do people go gaga over it? Well, it's seen as a hedge against inflation, a way to diversify investments, and it has the potential for big gains.
But here's the fun part: the crypto world is vast! There's more than just Bitcoin – thousands of other cryptocurrencies exist, each with its own unique features and purposes.
If you're into exploring this exciting crypto universe, platforms like Presale World (https://presale.world) can help you keep tabs on crypto presales, all in one convenient place.
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Can't believe you guys are still buying Bitcoin when you could be buying stuff that has real meaningful value like Trump NFTS, Beanie Babies, and Dutch Tulip Bulbs.
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Can't believe you guys are still buying Bitcoin when you could be buying stuff that has real meaningful value like Trump NFTS, Beanie Babies, and Dutch Tulip Bulbs.
I don't buy Bitcoin, I earn it free and put it to work earning Daily Compound Interest for me.
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Trump NFTs, Beanie Babies, and Dutch Tulip Bulbs - now that's a diversified portfolio!
Earning free Bitcoin and letting it do the heavy lifting with daily compound interest is a solid move. By the way, ever thought of exploring different crypto assets on platforms like 바이낸스 (https://bitcoinxxo.com/)? Could be a fun twist to your crypto journey!
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Trump NFTs, Beanie Babies, and Dutch Tulip Bulbs - now that's a diversified portfolio!
This guy right here, IQ 500. If only we could get a Trump NFT of him as a Beanie Baby holding a Dutch Tulip Bulb. The value of that would make someone the richest person to have ever existed.
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Like.
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Trump NFTs, Beanie Babies, and Dutch Tulip Bulbs - now that's a diversified portfolio!
Earning free Bitcoin and letting it do the heavy lifting with daily compound interest is a solid move. By the way, ever thought of exploring different crypto assets on platforms like 바이낸스 (https://bitcoinxxo.com/)? Could be a fun twist to your crypto journey!
Looks like someone turned a heard of chickens lose to scratch the ground for food.
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To be honest, previously I'd always kept crypto at arm's length. And then, something happened to me. Luckily, it turned out to be a success. Long story short, I was browsing Amazon for a trading book and stumbled upon a really interesting interview in the podcasts section. It was an interview with Thomas Kralow, a manager at Crypto Hedge Fund. The interview was free, around 35 minutes, but it ended up being a turning point for me. There was a link to his website below the interview, where I saw a detailed trading education program. Initially, I wanted to sign up for the non-mentorship program, but then realized I was still a bit weak on the crypto side, and the price difference for the program with mentor was minimal. So, I went for the mentorship program and no regrets so far. Turns out, my understanding of cryptocurrency was totally primitive, haha. Oh, I forgot to mention where I found the interview, it was on Ep. 520 Trading the U.S Bank Crisis Like a Crypto Hedge Fund Manager | CRYPTO 101 Episodio en Amazon Music (https://music.amazon.es/podcasts/a6a91737-a3e0-452d-b1e3-e6dd6c625c20/episodes/2ab6d10f-8dde-42dc-aa40-60a7baca7910/crypto-101-ep-520-trading-the-u-s-bank-crisis-like-a-crypto-hedge-fund-manager) there. But let's continue my story. So...we went through four modules on Forex, and then moved on to Bitcoin. And the mentor answered my questions all that time. both individually and in group chat. It wasn't just some superficial education; it was very systematic and deep! Eventually, I opened an account on an exchange, got a web-wallet, and also bought a hardware wallet from Amazon for long-term investments. A huge human thanks to Thomas for creating this education, and to the mentors who taught me and made the complex stuff if not simple, but at least understandable for me. Now, I've come here to practice. And by the way, considering the fact that a hardware wallet is also hard to recover if lost, I rented a safety deposit box at the bank for to store backup access keys. Now my assets are securely protected. And I didn't know about this before either. So, if you're still deciding whether to book this course with a mentor or not, I'd say that personally, I'd go for the mentor. But it's up to you to decide in the end. Maybe you're more experienced than me.
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Some.
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Some.
If you are talking about mental acuity, the obvious answer is none.