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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Local Bakersfield bitcoin Community BitcoinBakersfield.com is dedicated to providing basic information about bitcoin to anyone interested in learning about this new technology & innovation called bitcoin, listing local Bakersfield locations currently accepting bitcoins, helping merchants looking to accept bitcoin, and networking opportunities for Bakersfield, CA bitcoiners.
Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
“Oy vey is it hot! I should just head back to the desert am I right? Anyways I have an investment lined up bubby. Have u heard of bitcoin? A close associate of mine Jon mcafee says 1 coin will be worth a mil in a year. So I say we start u out w/ a 10k initial Investment & then play it by ear.”
[uncensored-r/Bitcoin] Which mining ICO should you invest in?
The following post by JohnJacobA is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7e7cl9 The original post's content was as follows:
Bitcoin mentioned around Reddit: [Serious] what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use usb(s), ASIC(s), FPGA(a), or GPU(S) in this age of the game wi /r/AskReddit
what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use ASIC(s), FPGA(a), or GPU(S) in this age of the game with what coins are available to mine right now?? /r/Bitcoin
Should I invest in Bitcoins ? A friend of mine believes they are about to spike in value.
Hi. A friend of mine and I were talking today and he is considering investing in Bitcoins as he believes they are about to substantially increase in value. He explained that mining bitcoins was going to experience a "difficulty hike" next year. The last time this happened Bitcoins shot up in value from about £20 to nearly £273 He believes next years Mining fix will create a similar spike. I know very little about Bitcoins. I am unsure how much my friend knows. His argument makes it sound like a very good deal, But If it's that easy I find it hard to believe it's possible. He explained that other people were predicting a drop, and we discussed Long term short term issues etc. Is was he is saying basically correct, would Bitcoins be a great short term ( 2 - 5 years ) investment ? What are the risks ? Does anyone have any opinions, thoughts, advice etc ? Many thanks! EDIT: I just read your "myths" section. I think I understand more about Bitcoins, thank you. His proposed investment seems to make sense if one believes Bitcoin will not fall dramatically in value over the next 5 years. I'm not sure why he predicts a difficulty hike, surely that would require a surge in numbers mining, is there a metric that predicts this ? The main concern seems to be complete implosion whereby the entire currency becomes redundant over night, I can see a few reasons why that might happen... I guess that's risk reward. I can probably afford to lose an investment of £1000 overnight. Would you recommend investing in Bitcoins ?
Also, mining is generally only worth it if you are willing to perform it on a large enough scale, preferably in an area where electricity is cheap and free from government regulation. The cost prohibitive nature of bitcoin mining means that it’s usually better to buy Bitcoins with the same money that you’d use to buy bitcoin mining equipment. Bitcoin mining is not profitable for small miners like me. There are many miners providing mining capacity in rent. Why are they giving rent? While they can also get profit from mining with that hardware. Two bellow things we can consider: 1. Bitc... That is just one reason why you should invest in Bitcoin, take a look below to see more solid arguments for getting yourself involved in the cryptocurrency market. 1. Buy Low Sell High – Ability ... Before investing in a mining rig, which will cost you thousands of dollars, you should decide whether mining bitcoin on your own hardware is likely to be profitable. Factors to consider when assessing bitcoin mining profitability include: How much capital you have to invest and how long you plan to mine. Again, mining rigs are pricey, and you need to mine bitcoin for a long time — a number ... 1. The Many Forms of “Investing in Bitcoin” Before I begin, a word of advice: Bitcoin is a very risky asset type. It is extremely volatile and even the most solid Bitcoin investment should be treated as a high risk investment.. For example, in the past Bitcoin’s price fell over 80% in the course of several months (this happened a few times throughout its existence).
Join Bitconnect Here: https://goo.gl/2KD7CX Get 3% Off Your Genesis Mining Purchase With Code "LXyr2v" https://www.genesis-mining.com Earn Free Bitcoin Every... Bitcoin Mining Risks and the truth behind investing in BitCoin Mining - Duration: 5:44. Lesego Tjatji 2,731 views. 5:44. HOW TO INVEST $100 IN 2020 (THE 5 BEST WAYS) - Duration: 18:42. ... Today I discuss 3 major points about whether or not you should start investing in mining rigs! Please make sure to subscribe, because we will be starting a series about this. #bitcoin #bitcoins #bitcoinprice get a chance to win $100 bitcoin each month by 1. liking video! 2. subscribe! 3. share! 4. comment: bitcoin forever disclaimer: opinions that appear in videos are ... How To Invest in Bitcoin 2020 To Buy Your First Bitcoin Wallets and exchanges: 🔗Coinbase: https://www.coinbase.com/join/580beab974462c332874e6f0 🔗Luno:https:...