Bitcoin

@alvin06 (213)
September 8, 2016 2:37am CST
Now a days, i am hearing so much about bitcoins and they are more valuable too. But its so tricky to understand. Can anybody help me to know me about bitcoins. Actually what are they and where I can earn bitcoins and where I can spend them.
2 people like this
3 responses
louievill
@louievill (28851)
• Philippines
8 Sep 16
I would be more than glad to teach you how to get started and start getting free risk free, and where to store it without the hard technical blah blah.. That would come later, getting the money first and how is the most important thing. If you are from the Philippines it would be much more easier cause it can be placed in a wallet that automatically coverts to Philippine peso and transfered to a Philippine bank with almost no transaction fees
1 person likes this
louievill
@louievill (28851)
• Philippines
9 Sep 16
@alvin06 i will ready first some materials then I will PM because I don't think it is allowed to post links here, it is very easy.
Tammyalvin
@alvin06 (213)
•
9 Sep 16
@louievill Thanks you much dear pal, I am not from Philippines, I am from India. But still I want to learn about it. Please teach me about bitcoins.
1 person likes this
Sky
@skysnap (20153)
•
8 Sep 16
I think now that bitcoins are more matured. I think they are good but expensive too.
Sky
@skysnap (20153)
•
8 Sep 16
@Bluedoll earning bitcoin is very slow now because only 10 million coins are there and mining more than that is not possible. so the cost will be increased once all the mining ends. so buying them is harder later.
Sky
@skysnap (20153)
•
8 Sep 16
@Bluedoll think of mining like mining gold. it has to be taken out to be sold right? same with bitcoin. here computer resources are wasted to mine the bitcoin. the more computation performed the more bitcoins earned. same logic like gold mining. only thing is that with less bitcoins, the time it takes to solve equations increases and electricity cost increases to mine the bitcoins.
Sky
@skysnap (20153)
•
8 Sep 16
@JolietJake yes but the last time I checked 10 million limit was due to only mined ones. however if you check the official bitcoin website, it suggest there is a limit to how much they can be mined.
Pinay Ako
@AkoPinay (11544)
• Philippines
9 Sep 16
Other countries do not support Bitcoin and other cryptocurrencies or virtual currencies. I read your reply comment that you are from India. You can check or inquire at your local Bitcoin Wallet provider. Philippines supports Bitcoin so it is easier for us to TRADE/INVEST in Bitcoin. We can buy Bitcoin at lower price and sell it when cryptocurrency prices soar. Just like buying/selling Dollars or investing in gas or gold. :)
Unocoin | India's Bitcoin Wallet
unocoin.com
Unocoin is India's most popular bitcoin wallet. We make it super easy to securely buy, use and accept bitcoin, following KYC-AML guidelines.