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How does Bitcoin work? - Bitcoin
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
Yes I have a node so technically I do work for Bitcoin. But I want to be part of the working machine that supports it! I'm looking for a change of life and bitcoin and block chain is one of things I'm most passionate about. Ok I [email protected]$#ing Love Bitcoin and the idea of it!!! I have done the YouTube show thing but I want to do a job/career related to Bitcoin. How do I do it???! I've been in it for several years and am quite fluent in all the industry news and how it works. Do I go back to school?? Do I make contacts?? Do I keep trying the YouTube thing. Do I start my own Bitcoin business?? Let me know! I'm gonna change everything in my life and I know my Bitcoin will be a major part of it. Thanks to all that reply!!!!
Anyone have experience earning/working for bitcoin?
So obviously bitcoin can be bought but I was wondering if theres ways of earning it? Im a student on furlough so as far as money goes, I'd rather keep most fiat as fiat (given the current uncertainty I need to be liquid as possible and bitcoin doesnt allow that) I was wondering if anyone here has ever worked and been paid in bitcoin before and how theyve gone about doing so? Is it more a freelance gig or long term? Is there a higher risk of scams? I follow the jobs4bitcoin subreddit but other than that I havent got a clue where to look or even how to start looking. The main reason I want to work for bitcoin directly is so I dont reduce my fiat funds for the time being but also to build on the amount of bitcoin I own. If anyone can be of any help and give advice it would be appreciated.
I'm a swimming teacher and arborist located in the Netherlands. Let's say one BTC ends up equaling 100000€ / 2500 working hours. I will work for 0,0004 BTC/hour today! I don't wait for the tables to turn, I will make this a currency.
If I buy $5000 worth of bitcoin, and use that to fund an Outside of US trading brokerage. Hypothetically if I trade that $5000 worth to $7000. I withdraw it back to my wallet such as Coinbase. When I withdraw back into my bank account I have to pay taxes for the $2000 profit right? Idk how this works
Sorry of this is the wrong thread but here is my question, i am currently thinking of starting to investing in bitcoin and maybe ethereum using kraken. I am currently based in germany hessen, and i would like to know if i get lucky and get a good profit and i want to withdraw that profit to my bank is there taxes on that? https://www.nomoretax.eu/bitcoin-tax-haven-germany/ i read on this article that if i keep my bitcoin for one year and then sell it then i would be exempt from taxes but how would germany know? and does it have to in a crypto currecy or can i convert it to euro or other stable currency and keep it on the exchange for one year to avoid taxes? the senario for the last question is lets say i got 10k from investing and i want to change it to something more stable and wait the year out
I am an IT guy, 30+ years experience. Mostly these days people are paying me to move all their server stuff into the cloud. I can move your data into AWS, CPanel, Azure, Sharepoint, and all the email accounts and data for that also. You don't have to spend allot of money to do this, and most small business DON'T need an expensive server anymore. I can do that conversion for you, and get rid of your old server. We can move those files into Cloud storage, safer, and more secure, and cheaper. Reply to my thread. I usually run about $80 per hour, but I can bring that down if you want to do a certain block of time. I can tell give you a guess-timate on your project. I also am HIPAA and APPLE certified, and I have credentials and pass all background checks.
Am I the only one who thinks that TA doesn't work for Bitcoin? Remember the guy who predicted the crash of Mt.Gox? Can you remember the guy who predicted the top for December 2017? Or do you remember the Bitcoin expert who predicted the December 2018 bottom? Did you realize that they are not the same person and that they predicted everything wrong beside some correct ones? Yes? I'll call that nothing but luck. I mean, most of these different crypto experts/TAs on Crypto Twitter or Youtube are wrong 99% of the time. The only way their predictions become true, is that they use unprecise words like "at least 10300$" or "bounce back from the 9000-9500$ range". At the moment, it's very popular to give predictions about both directions and the followers are always impressed because of the accurate prediction (although more than 50% of it has been completely wrong). In January NO ONE predicted 13-14k for June. That would have been unbelievable - but it happened because BTC is unpredictable. BTC moves are huge and if you miss a huge move upwards you won't get in as you'll wait for "the dip". In the last 5 years you would have missed a return of more than 450% if you missed the 10 most profitable days (https://hodlcalculator.herokuapp.com/ ) If you are actively trading (and using TA) your biggest enemy are the world's best algorithms/bots. It's like playing chess against the chess engine Komodo - believe me, these engines are very powerful. Furthermore, it makes no sense to rely on support/resistance levels we had over 1 year ago. JUST HODL!
How To Price When Working For Bitcoin and Other Crypto Currencies?
I am trying to figure out working for Bitcoin and other crypto as well as selling items for BTC and other crypto. How do you determine price in BTC or other coins? For example I sell an ebook for 10.00USD. How do I determine what to charge in bitcoin or other crypto for the same ebook? Or say my hourly wage is 20.00 usd. How do I determine what that is in BTC or other cryptos? Thanks.
How does bitcoin work? Bitcoin is a cryptocurrency that is conducted on a public ledger, the "blockchain." Digitally transferred, it exists only online. Much like gold, it can have monetary value ... Bitcoin faucets are great platforms to earn free bitcoins by simply visiting a website and completing simple tasks like captcha or surveys. Faucets offer different activities that you can work to get paid including playing games and downloading an app. Bitcoin is the perfect currency for scammers. As it is hard to trace, scammers are able to move bitcoin from account to account without fear of being highlighted for money laundering. This article discusses how fake bitcoin “experts” con unsuspecting people into depositing bitcoin, only to lose it all. How does Bitcoin work? This is a question often surrounded by confusion, so here's a quick explanation! The basics for a new user. As a new user, you can get started with Bitcoin without understanding the technical details. Once you've installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and ... Fortunately, there are a few options out there, and some even pay in Bitcoin. According to recent studies, the number of people who work remotely has grown 400% since 2010. And, In the US, 3.4% of the total workforce work from home at least 50% of the time.
What is Bitcoin? Bitcoin Explained Simply for Dummies ...
I simple explanation video of how does Bitcoin work for dummies. I explain how Bitcoin works for beginners. Hopefully, this helps you to get a better idea! Category People & Blogs; Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... ATTENTION: I AM NOT ON TELEGRAM!!! To anyone who is being approached under the scam please report to Telegram. How I got Rich off Bitcoin! We've all been hea... Here's some proof of work for your Bitcoin listening pleasure. Follow @CryptoContagion BUY BITCOIN GET TOXIC ️ Download for free from http://bitsoftmachine.com/?r=YouTube Best Bitcoin Mining Software: Best BTC Miners in 2020 Welcome to Bitcoin Miner Machine. #Bitco...