Rahul11
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Bitcoin is a virtual currency. It's created on some algorithm. And there are some algorithm already setup from starting. To complete every transactions we need mining power. And people's do mining for profit. They got some reward. This reward come from the rest bitcoin. And every four years mining reward get half through halving event.
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I don't think it's annoying. Because it's happen only if you make transaction on a exchanger or wallet. Otherwise in decentralized wallet it show the balance immedietly after confirming the transaction.
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At this point I don't use any bank account. Because they are in old system. I trust on blockchain technology and I use crypto as payment system. I hodl my all assets in cryptocurrencies. Banks should upgrade their system with blockchain.
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the Halving of BTC, This opportunity will only come once in our lives,
Rahul11 replied to redamoun's topic in Crypto World
As I researched about bitcoin halving event I got that bitcoin price always move up after the event. Because after miners can't sell massive bitcoin on the market. And we can take advantage of this point every time. -
Keep btc in safe place right now, it will keep you safe in future.
Rahul11 replied to rakib7970's topic in Crypto World
We are lucky that we get bitcoin at early stage. And hardly 1% people from the whole world know about it. Day by day it's getting more popular. I also hodl some on safe place for future. I know it's price will rise up more and more. -
Our future payment system will be totally online based. And day by day physical money losing interest from people. People now using credit or debit card to make payment. Bitcoin is a virtual currency and I think it won't be physical.
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There is no limitation of earning from bounty and airdrop programmes. It's a self employed work. No one will force you to work here. Averagely a person can earn easily upto $100 usd from it. This amount can be change. It depend on the projects status.
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i am looking for a trusted way to invest with litecoin
Rahul11 replied to nahidfresh99's topic in Crypto World
In this time there are many scam sites. I don't feel good to invest on them right now. After regulation you can try it. But for now you can use your fund to make trade and make your fund double. -
There are many crypto projects which provide us crypto credit or debit card. Many exchangers also provide it. But in my country there are no ATM machine services that's why I never purchase any cards or use it.
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From other sectors most of the scammers are here. Here always we get scamming news. Crytpo transactions are anonymous and scammers take this advantage. At first we need to register every wallet through kyc system.
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Bangladesh's official position around cryptocurrency ..what you think
Rahul11 replied to nahidfresh99's topic in Crypto World
After announce about crypto in Bangladesh till now it's illegal on the country. Yet they didn't take any step about crypto. But in 2019 I saw a news where Bangladesh prime announced that they will adopt blockchain soon. But there is no update news about it. -
Why I think Bitcoin would experience dumps in the next months?
Rahul11 replied to PiroSense's topic in Crypto World
I also think that. Because when maximum people's thinking match at a time, whales show their movement on the market. And for that many traders order get liquided. That's how whales get profit from the market. -
The Difference between 'Digital Currency' and 'Cryptocurrency'
Rahul11 replied to PiroSense's topic in Crypto World
We know cryptocurrency as digital currency. But there are some difference between of them. Main difference it's transaction system. And all the transactions of crypto are registered on blockchain network and no once erase it.