Messages

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: March 28, 2018, 03:21:42 AM »

What is Bitcoin mining? Mining exists to demand resource. This controls the number of blocks found each day. Since the mining community grows larger by the day, Bitcoin has to control this expansion by setting a limit. These keep the number of blocks found each day at a steady rate. Each block must show proof of work. It gives the block validity. Other Bitcoin nodes perform proof of work each time they receive a block. Bitcoin employs the hashcash proof-of-work function.

The basic role of mining is to secure the nodes. Bitcoin mining online serves to bring in more bitcoins to the system. It is also possible to use the Bitcoin mining profitability aspect to earn. All you need is the right equipment and knowledge.

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: March 21, 2018, 04:22:15 AM »

Ethereum is a popular cryptocurrency for miners. Anyone can start crypto mining and earn. Meanwhile, some of the large exchanges have added the coins for trading. This means you can also get your own Ether online. [url-https://www.coinchoose.com/coins/ethereum/exchange/
]Ethereum exchange[/url] platforms cater to major fiat payments, such as USD, EUR, GBP, JPY, and other notable currencies.

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: March 15, 2018, 06:07:10 AM »

If you’ve ever wondered how bitcoins are made, the simple answer is that it gets mined. For these crypto coins to come to existence, users—known as miners—add transactions to the Bitcoin blockchain. This then releases new bitcoins. Bitcoin mining is a complicated process. It involves putting together recent transactions into blocks.

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Crypto Discussion / Re: Bitcoin wallet applications for mobile

« on: November 03, 2017, 09:48:35 AM »

We know that bitcoin wallet is where you store your bitcoins that are online but admit it; we don’t always have the time to check how they are doing and just be surprised that its contents are gone. It could be that you spent it and didn’t monitor or somebody has stolen it. Bitcoin wallet apps that send notifications if somebody went through them would be nice, don’t you think?

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Crypto Discussion / Re: Kazakhstan Proposes Restrictions on Exchanges and Mining of Cryptocurrencies

« on: November 03, 2017, 09:47:55 AM »

We may not hear something about Kazakhstan on a regular basis but it seems like, for now, they don’t like bitcoins and the like to be running around their area. They have proposed restrictions on exchanges and mining of Cryptocurrencies. Kazakhstan is very close to China in the region and might be mimicking China but would this proposed idea push through?

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: November 03, 2017, 09:47:15 AM »

Bitcoin price has been going up on a steady phase since it went down two months ago but others are going up in value as well and it would be wise if you invest in them today. Different crypto exchange sites are out there to give you the cryptocurrency of your choice whenever you want, so visit Coin Choose today and collect as much as you want.

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Crypto Discussion / Japan: A Forward Thinking Bitcoin Nation

« on: November 03, 2017, 09:45:33 AM »

Japan as opposed to their neighbors is more tolerant of bitcoins in transactions. It is still not clear for them what category bitcoin falls under when used as payment for something but they are working on it. For the time being, many are enjoying bitcoin used as currency to get them what they want. Because everybody in Japan can get what they want with bitcoin, many see them as friendly towards the currency and the like.
Do you think Japan would remain tolerant of all the crypto currency transactions in the future? 
https://www.forbes.com/sites/outofasia/2017/11/02/japan-a-forward-thinking-bitcoin-nation/#618d965933a3

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Crypto Discussion / Re: Telegram channels can pump a coin by 50%-200%...

« on: October 26, 2017, 07:28:07 AM »

If it works for you, that is great! Although the scheme sounds too good to be true, it most definitely is true. I am sure that you can join a couple of them but why not invite people from your own network to join the program? We are sure that they would tell their friends and family about it too.
https://www.coinchoose.com/coins/litecoin/exchange/

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Crypto Discussion / Re: Mario Draghi: European Central Bank Has 'No Power' to Regulate Bitcoin

« on: October 26, 2017, 07:26:57 AM »

I love the fact that cryptocurrency is disruptive, creating havoc and out of the control of the hands of the European Central Bank and Federal Reserve Bank. Its about time, we witness the panic, fake news and centralisation walking towards being made obsolete. I salute Satoshi Nakamoto for his brilliant white paper issued in 2009, after the 2008 'banks to big to fail' debacle. Bring it on. I have a ringside seat to watch the downfall of the useless fiat currency.

Cryptocurrencies sure are a handful of trouble and it gives those who are in position a hard time. We all have Satoshi Nakamoto to thank for in creating digital currencies that is decentralized and would not require any third party assistance. But fiat currencies are stable compared to bitcoins and the like. What if in reality, fiat currencies and crypto currencies are not even competing against one another, they just exist at the same time.
https://www.coinchoose.com/coins/litecoin/mining/

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: October 26, 2017, 07:26:08 AM »

Satoshi is the smallest unit of the bitcoin currency. It would be wise of you to collect them to come up with bitcoins in your e-wallet. You can always do Satoshi mining if you have the time and equipment for it because why spend money if you can mine them yourself. Coin Choose would be your best reference about Satoshis.

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Crypto Discussion / Bitcoin Silver is going to come soon. What are your thoughts?

« on: October 26, 2017, 07:23:30 AM »

The Bitcoin Silver description reads that it “will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations.” It could be everybody’s easy access to the world of cryptocurrencies.
Would you consider investing in Bitcoin Silver?
https://www.coinchoose.com/coins/ethereum/exchange/

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Crypto Discussion / Re: Would you turn all your money to bitcoins?

« on: October 19, 2017, 08:03:03 AM »

It is crazy to put all money in one place. As nothing is guaranteed and IF we go without thinking much then we are just going to throw up our chances to succeed. I keep my options open. I have Bitcoin and Ethereum, but I am still investing on future ICOs, as I know how much of a difference they could make.

One such option that I have come across recently is Upfiring, as they have started their official contribution period and with the kind of concept and potential, it will be silly to miss out on this!

That is wise of you to keep your options open through bitcoin and ethereum, they are doing well and it is most likely that they would be consistent. Besides the value, they could also be your instant insurance policy when you need to pull some value of cash out right away.

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Crypto Discussion / Re: It's a tough week for Bitcoin

« on: October 19, 2017, 08:01:33 AM »

Neither China nor Russia can stop the Bitcoin train!  Look at how Bitcoin quickly recovered from $3k back to its original levels only 2 weeks after China banned all Bitcoins and ICOs.  And now look at Putin and Russia saying they want to do the same thing, Bitcoin's price didn't move a dollar. 

This shows how strong and much faith people have within Bitcoin.

Yes, China may have disassociated itself with bitcoin and Russia expressing their concerns also gives us something to wait for but even if so, I think the trend would be the same; go down in value but then surpass the old all-time high in price! Maybe they don’t want bitcoins but interested in the block chain technology for their own benefit.

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Useful Cryptocurrency Resources / Re: CoinChoose.com - Crypto Mining, Exchanges, Trading, and More

« on: October 19, 2017, 07:59:37 AM »

Bitcoin prices have skyrocketed once again after a terrible month of prices going down. If you find it very expensive to collect bitcoins for your own, you can always go to Satoshi Exchange sites to get started. Satoshi doesn’t exactly have the value you are expecting but if you collect enough, it can get you that $5,500 in no time. Make sure to go to Coin Choose for professional advice about investing in cryptocurrencies.

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Crypto Discussion / Bitcoin worse than casino gambling – Russian economy minister

« on: October 19, 2017, 07:57:13 AM »

Investing in bitcoin comes with so many risks and we should all be aware of that by now; the constant price change tells us so. The Russian Economic Development Minister Maksim Oreshkin raised relevant points like that the inexperienced investors who can’t manage risks could be doing something worse than casino gambling.

What do you think? 

Source: https://www.rt.com/business/406988-bitcoin-casino-russia-minister/