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. 😉

                                    Angelina i don't really understand how bitcoin works but i don't care

                                    To receive and send payments 😂

                                        Angelina Sure, but the advantage of BTC is that the exchangecourse goes up and down very fast and very far. That makes it easy to win money when doikg investments in it. That's why I love BTC.... and you can also "mine" them ... that's something like "printing" them. You just need a lot of voltage. If you do it riggt you cab win a lot of money, if you have a bad setup and business plan you will pay more money for electricity than you gain from printing it.

                                          4 months later

                                          Since a lot of people here (I am too) seem interested in cryptocurrencies, maybe we could create a topic to discuss about this ?
                                          I'm mining some Ethereum 😉