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Showing 8 of 8 results by Millionairekcee
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Board Beginners & Help
Merits 2 from 1 user
What Gives Bitcoin Valve FAQs
by
Millionairekcee
on 21/05/2021, 20:30:04 UTC
⭐ Merited by Upgrade00 (2)


  1: How Is Bitcoin Value Calculated?
Bitcoin's value is largely dependent on its supply and the market's demand for it. Its value is also attributed to other factors, such as alternative digital currencies—including their supply and price—availability, and rewards for mining. Intrinsic value can also be estimated by computing the average marginal cost of production of a bitcoin at any given point in time, based on the block reward, price of electricity, energy efficiency of mining hardware, and the mining difficulty.

 2: How Does Bitcoin Increase in Value?
As bitcoin nears its maximum limit, demand for it increases. The increased demand and limited supply push the price per bitcoin upward. Also, more institutions are investing in bitcoin and accepting it as a form of payment, thereby increasing its utility and making it a preferred medium of exchange among consumers.

Bitcoin is relatively safe due to cryptography and robust protocols and readily available through several exchanges. Also, you need not purchase a full bitcoin to have ownership of it. Fractional shares are available, increasing its attractiveness and value.

  3: How Does Bitcoin Make Money?
Unlike stock, bitcoin does not represent ownership in a company or entity. Owning bitcoin is owning digital currency, much like owning US$1 is owning paper currency. Bitcoin miners earn rewards for completing blocks of verified transactions, and owners of bitcoin make money as the price per coin increases. For example, if you purchased 100 coins at $65.52 (100 x $65.52 = $6,552) on July 5, 2013 (bitcoin's record low) and held it until its all-time high of $61,683.86 on March 13, 2021, you would have $6,168,386.4

    Why Is Bitcoin So Valuable?
The demand for bitcoin is increasing, whereas the availability of new supply is shrinking, with the size of each block reduced by half, on average, every four years and the final bitcoin to be mined somewhere around the year 2140. Indeed, unlike most other produced goods, the rate of supply of new bitcoins cannot increase in response to spikes in demand.

A supply and demand imbalance results in increased prices. Some consumers, companies, and investors favor bitcoin for this and the potential ability to hedge inflation. The resulting popularity contributes to increased demand, and thus an increased price.

    What Makes Bitcoin Prices Go Up and Down?
Bitcoin's price fluctuates for various reasons, including media coverage, speculation, and availability. With negative press, some bitcoin owners panic and sell their shares, driving down the price. Vice versa with positive press. Also, when the volume of bitcoin sold on the market increases, the price decreases. As more institutions adopt bitcoin as an investment and medium of exchange, its price increases.

Also, many people have eroded confidence in their fiat currency and seek alternative sources to store their money. Because bitcoin is decentralized and unregulated, it is a favorable alternative, thus driving up its price
Post
Topic
Board Mining
Topic OP
Best mining software for crypto miner's
by
Millionairekcee
on 17/05/2021, 02:32:06 UTC
Crypto software are specialized tools which use your computing power in order to mine cryptocurrency. In exchange of mining operation, you can receive a monetary reward in the form of digital currency. These application provide a detailed report based on your earnings. Many such tools are automated, and hence there is no need for technical skills.

The following are top list of bitcoin mining software.

1: kryptex
2: BeMine
3: Ecos
4: Computta
5: cudo miner
6: Hashing24
7: Awesome miner
8: Hashflare
9: Minergate
10: CCG Mining
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Topic
Board Off-topic
Topic OP
Love and money
by
Millionairekcee
on 17/05/2021, 01:45:59 UTC
They will always say love is a beautiful thing to experience when you have good soul mate. It's good to love someone throughly from your heart no hard feelings. But now what if you don't have money to back your love or relationship, How do you feels the lady you love will act towards you because you don't have the financial resourcees to backup your relationship. Some will say it's not all about the money, don am asking you what is love without money because the both works hand in hand. A beautiful lady can't be with a guy who can't take care of her bills when it's needed, gone are those days were ladies love unconditional to a man without looking at his financial status. Know that If u want your relationship to flow in line you need money to backup your love to a lady
Post
Topic
Board Beginners & Help
Re: Cryptocurrency really pays
by
Millionairekcee
on 16/05/2021, 00:13:54 UTC
The truth about crypto currencies is that it pays you in a long run when it's valves increases in the market but on not like Ponzi schemes it's a 50 to 50 chance if u get paid
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Board Off-topic
Topic OP
The best time to plan out your day
by
Millionairekcee
on 14/05/2021, 20:48:55 UTC
I believe the best time to plan is in the night before the day break.

One of the most important factor of kick starting a productive day is knowing what your priorities are the moment you open your eyes.

By having a outline of what you want to accomplish, you can get straight to work

Without this, you'll likely having a very relaxed start to the day while you are try and get around to actually deciding what you want to do. Losing your Potential to start the day running

Leaving a notepad near your bed, and build a habit of writing down small list of priorities to tackle when you wake up the next day

Watch how much easier it will be to become laser focused on your goals, when you know they're waiting for you the moment you wake up
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Topic
Board Off-topic
Re: What do you think is the most interesting movie?
by
Millionairekcee
on 14/05/2021, 20:27:07 UTC
The best i can think of for watching movies is.
1: Home alone
2: big Mama's house
Post
Topic
Board Beginners & Help
Topic OP
Traditional currencies vs Crypto currencies
by
Millionairekcee
on 14/05/2021, 15:08:31 UTC
Imagine a scenario in which you want to repay a friend who bought you lunch by sending money online to his or her account. There as are several ways in which could go wrong,
Including
1: The financial institution could have a technical issue, such as it's systems are down or aren't working properly
2: The transfer limits for your or your friends account could have exceeded
  There is a central point of failure: The bank

This is why the future of currency lies with crypto currency. Now imagine a similar transaction between two people using the Bitcoin app. A notification appears asking whether the person is sure he or she is ready to transfer bitcoins. If yes, processing take place and the system authenticate the users indentity and it's done

Crypto currency then removes all the problems of modern banking; there are no limits to the funds you can transfer: your account cannot be hacked and finally there is no central point of failure.
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Topic
Board Off-topic
Re: 12 Secret About Men
by
Millionairekcee
on 14/05/2021, 14:03:05 UTC
All these don't actually define a man, there is more to this,men shouldn't be subjected to this.
I think all these things depends on the vibe he received from the environment.