Daniil A lot of people know, that cryptocurrency can make real money fast, but only a small part of people know,how to do it. As for me, I think that it is good thing to pay something in internet and nothing more.

How do you cash out?

      Daniil Bitcoin (and other cryptos) are the best way to exchange money through the internet, due to their speed and security. Do you mine for them?

      Laura There are all sorts of wallets online that let you convert your cryptos to almost any currency and send to a paypal etc.

            Johnathan No, I don't use it. I don't need it, because I don't buy illegal things. I know, that there a lot of legal things,which can bought for cryptocurrency. But for legal things I prefer legal money. Legal money provide payment documents and etc

                Renita Depends on your country.

                Daniil Problem with cards, etc. Is that they are easy to steal and are typically less secure than bitcoin.

                      Renita

                      Not necessarily,but it is often used on the dark net.

                      I don't know if it is specific to bitcoins,or to every cryptocurrencies,however.

                        13 days later

                        Laura You swap for MONERO or another privacy coin is my short advice. (DASH & others are not privacy coins.) Then store the bar codes on a hard paper wallet or a safe, or I don't know engrave the private keys onto some metal or memorize them or something. Otherwise you will get scammed.

                            Megan You swap for MONERO or another privacy coin is my short advice.

                            Why privacy coins?

                            • Max9 replied to this.
                                a month later

                                Laura Cryptocoins can be exchanged to real money on special sites. They called crypto exchange pr something like that. You send cryptocoins on this site,they send you money and take commission for that. Or you can buy real things for cryptos,but it is not easy to find this things.

                                    a year later

                                    Angelina Is BTC an abbreviation for Bitcoin?

                                    yes, it is. There is BTC, the standard Bitcoin, and BCH, Bitcoin cash. BCH is a split up from BTC as the Bitcoin Foundation couldn't agree on how to go on and so then one part did split up as they had two different opinions on how to solve the problem of instant-transactions because the original bitcoin blockchain didn't allow more than 7 transactions per seconds what caused some clients to wait for several hours till the transaction is passed. Now as BTC changes its course several times within these hours short time investments were difficult to make because when you sell in time and the transactions take too long you can lose a lot of money waiting for the transaction to pass the blockchain database. BCH has invented a different modification of the original Bitcoin blockchain that allows 50 transactions per second to be passed. (I'm not talking about so-called short investments here. They are something different. Short tradings are when you for example sell a certain amount of shares that you don't own at the moment you sell them and you have to buy them afterward. I mean short-time investments ins the sense of selling them a short time after you bought them.)

                                        Valadar This communist regime is putting a stop to that with a bill they have introduced…

                                        I doubt it's even possible for many reasons

                                        Angelina Is BTC an abbreviation for Bitcoin ?

                                        I use BTC sometimes 😂

                                        Max9 There is BTC, the standard Bitcoin, and BCH, Bitcoin cash.

                                        Also BTG. But these sh#ty forks are over now, I wouldn't pay any attention to them

                                                Laura Yes, there's also BTG... but that didn't really make it... you hardly see it at any stock market. BCH can be seen more often. But still, for us investors, BTC is tge single original.... because many stock markets have real-time trading now for BTC.

                                                  Max9

                                                  Laura

                                                  i just wanted to make sure and frankly i don't really understand how bitcoin works but i don't care. it's speculative money and just like i expect the euro to fail at some point i expect bitcoin to fail too

                                                        Angelina Sure, any currency can crash at any time. That's why you never invest all your money in one single currency

                                                            Max9

                                                            right, that's why we also keep expensive jewellery in the safe, of course the price of gold and silver also fluctuates, but it can be bought for any currency. 😉