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@nukeme | |
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I hear it is a new kind of currency and is similar to the commodity gold but in digital form. It is the future of a truly global currency, a crypto-currency that uses the blockchain transaction network. Who hear owns bitcoins? How/how'd you go about getting them? |
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@nukeme | 5 August 16 |
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*here
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@xxlee | 5 August 16 |
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What if it got hacked? is it 100 percent secure
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@nukeme | 5 August 16 |
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Heard that question on the radio. They say it is 100'/. secure with the type of system it uses. It's quite complicated really. |
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@4juice | 5 August 16 |
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When i first try to buy some bitcoins, it was about US 4 dollars and i thought it was ridiculously expensive.
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@obi_jon | 5 August 16 |
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Welcome to 2009 pw.
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@usbcable | 5 August 16 |
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You can earn bit coins or rather your computer earns them for you. By running an app that will make your computer do calculations for a bigger organisation such as the stick exchange. Everytime your computer gets sent a request to do something your computer has to complete the task in a certain time and the answer has to be correct in order that it will earn bit coins.
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@usbcable | 5 August 16 |
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You will need the fastest broadband and the most powerfull computer you can possibly buy in order to do this fast enough to calculate the enormous calculations it will be asked to do
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@usbcable | 5 August 16 |
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Your electricity bill will go through the roof as the computer will be running 24/7 - 365 days a year. It will take ages to earn any decent money.
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@obi_jon | 5 August 16 |
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That's called bitcoin mining.
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@usbcable | 5 August 16 |
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You can speed up your earning potential by having multiple broadband lines to your house and multiple computers running but your running costs will out weigh what your earn by a 1000,000 sadly
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