Anyone know about bitcoin ?
@ko31024 (492)
Ulaanbaatar, Mongolia
10 responses
@ARIES1973 (11426)
• Legaspi, Philippines
21 Aug 15
I earn bitcoins by visiting some sites and putting the collected amount in investment sites. There are also sites which pay in bitcoins by playing games. I can do it along with my other online activities. I am happy with my progress as far as bitcoin is concerned. But yes there are lots of scam sites using bitcoins so we have be careful.
3 people like this
@prashu228 (37524)
• India
21 Aug 15
@ARIES1973 Welcome back friend ! how are you ? , you might be lucky to earn bitcoins but i don't think they got the same value like before . As per my knowledge bitcoins has already faded.
@prashu228 (37524)
• India
21 Aug 15
@ARIES1973 I never found any Indian site using bitcoins so i never tried to buy it or earn it , Nice to see that they are useful in many parts of the globe . All the best 
.
.2 people like this
@ARIES1973 (11426)
• Legaspi, Philippines
21 Aug 15
@prashu228 Thank you my friend. The value of bitcoin is very volatile but still good. I didn't appreciate bitcoin until one of my sites stopped paying thru paypal and bitcoin was one of the options. I was only using this currency to top up my mobile device but now I also use it for investment.
1 person likes this
@alexisok (52)
• Warren, Michigan
21 Aug 15
Oh gosh, bitcoin. What a pain. It is DEFINITELY not worth it. The bitcoin exchange rate is awful, one day 1 bitcoin will equal $200, the next $250, and so on. bitcoin mining is possible and can get you bitcoins, but it's a pain to set up, gets you very little money- i'm talking about a cent or 2 a day, you'll be lucky to make $4 a month- and almost always fries your computer board. transfering paypal to bitcoin is a hassle as well. because you can't do it on bitcoin, you have to look all over the web for someone who would do it. overall, i would not recommend unless you're buying something on the darkweb. lol.
2 people like this
@userbacsi (57)
• Hungary
21 Aug 15
Until it is linked to the USD and other fiat currencies, it will be volatile. You have to see the value of Bitcoin in itself. It is accepted in more and more places. Even the big ones like Microsoft also accepted. You have to see the blockchain, which is a revolutionary technology, the future of our global economic system.
@ko31024 (492)
• Ulaanbaatar, Mongolia
21 Aug 15
Ok thanks Alexis Collis ;
that was some good information about bitcoin tho :)
@redvakaurvaki (4216)
• Indonesia
21 Aug 15
I heard about Bitcoin since years ago. But yes, just like @jkct02, I have no confidence with this currency. This virtual currencies business usually doesn't last forever. Beside, I heard people complaining mine BTC waste their power. I will not speculate with this
@prashu228 (37524)
• India
21 Aug 15
@ko31024 Very familiar word , but never tried to earn or buy them , coz i don't know what exactly are they used for . Is there any value for them still? .
2 people like this
@granny2015 (432)
• United States
20 Aug 15
i actually have no idea what bitcoin is but now I too am curious ans would like to know
1 person likes this
@ko31024 (492)
• Ulaanbaatar, Mongolia
20 Aug 15
Ok here is just 5 minutes of video that explains you what is bitcoin and how it works :)
A short introduction to how Bitcoin Works. Written Version: http://www.imponderablethings.com/2014/04/how-bitcoin-works-in-5-minutes.html Less technical vers...
1 person likes this
@abbyyy (9)
• India
17 Mar 16
Bitcoin is Digital Currency accepted globally. Now a days every country has there own trade platform to exchange bitcoins to local currency. Earning bitcoins or generation bitcoins is a very easy task now a days.
@foxontherails (236)
• Japan
21 Aug 15
God, Bitcoin is still alive?! I remember mining with my old toaster and getting lucky, hitting a block. If I remember correctly, I still have about 20 dollars worth of Bitcoins in my old wallet.
Bitcoin is now not really worth it, considering how so many people bought special miners to grab all of the money they can and made it much more difficult for others to do so.
1 person likes this
@jkct02 (2874)
• Kota Kinabalu, Malaysia
22 Aug 15
@aana75 It is the fact that bitcoin is not really a real world currency that bothers me. Bitcoin is a virtual currency so it may serve its purpose in internet transactions but in the real world, we have to know that bitcoin users are not protected by refund rights that is provided by the banking regulations. So when things go wrong, the user can not ask for a chargeback like PayPal or credit cards.
