You've mostly gotten it right. Mining is a computational process that secures the network, with coins being minted to act as a reward for securing the network. Specialized mining devices called ASICs are the only way to mine now (aside from as an academic curiosity, for different types of coins that don't have ASICs yet, and on private testing nets), and even they have very slim profit margins (due to cost of electricity and the miners themselves).

You like trading with alt-coin ? 
My advice you can start with higher amount like 0.01BTC or higher and your goal 0.02BTC a day.
Because 10k satoshis is to low to start trading and it is easier to lose.

I think the main problem with Bitcoin is people is too dumb the see the necessity for it, so most people will keep using fiat currencies because most people don't have a problem with it, only people whose see a real necessity to use Bitcoin (beyond buying it and holding as an investment) will actively use it. Other than that we'll need more time to see the fiat system collapse more to get Bitcoin in the starlight. And anyway people will end up using it even if they don't know they are using it so we already winning as early holders. You are basically investing in the base of the next gen infrastructure by holding BTC.

The race continues.....

http://cointelegraph.com/news/115595/1-billion-invested-so-far-in-bitcoin-blockchain-infrastructure

This weekend has been nothing but boring in terms of market activity. Last week was one of the most exiting weeks in the last few months, and now the sea is calm again. Is there a volcano brewing underneath ready to set the bitcoin ship to the moon or is there a tornado coming that will wreck the ship into a million pieces. In our previous bitcoin technical analysis on 11/7 we mentioned that if the price isn’t going to make any major swings in the coming days, then the market will look to settle and stabilize.




Read More: http://themerkle.com/coins/bitcoin-technical-analysis-for-1172015-stability-in-sight/

1'st rule of trading; sell for more than you paid + fees every time. A doubling of your money can take 6 trades in one minute or 3 months, that depends on the market being wild enough while you look at the ticker.

Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.

 

Hi,

A new service has been launched, which issues Visa debit cards linked to bitcoin wallet. The cards are available in USD, EUR and GBP.
Delivery within Europe - 5-10 days (usually quicker), worldwide - depending on local post.

BTC transfer into fiat on the card is immediate.

For more detail, please visit:
www.e-coin.io





As suggested by the Hero Member (Puppet), adding all the details about the debit card to this initial post so that everything is in one place and easier to find.

Current price of the card: $17 or 0.06BTC

List of countries where the card can be ordered/delivered to:
Aland Islands                               
Albania                                     
Andorra                                     
Anguilla                                   
Antigua and Barbuda                         
Argentina                                   
Armenia                                     
Aruba                                       
Australia                                   
Austria                                     
Bahamas                                     
Bahrain                                     
Barbados                                   
Belgium                                     
Belize                                     
Bermuda                                     
Bhutan                                     
Bonaire, Sint Eustatius and Saba           
Bosnia and Herzegovina                     
Brazil                                     
Brunei Darussalam                           
Bulgaria                                   
Canada                                     
Cape Verde                                 
Cayman Islands                             
Chile                                       
China                                       
Costa Rica                                 
Croatia                                     
CURACAO                                     
Cyprus                                     
Czech Republic                             
Denmark                                     
Dominica                                   
Dominican Republic                         
El Salvador                                 
Estonia                                     
Falkland Islands (Malvinas)                 
Faroe Islands                               
Finland                                     
France                                     
French Guiana                               
Georgia                                     
Germany                                     
Gibraltar                                   
Greece                                     
Greenland                                   
Grenada                                     
Guadeloupe                                 
Guatemala                                   
Guernsey                                   
Guyana                                     
Hong Kong                                   
Hungary                                     
Iceland                                     
Indonesia                                   
Ireland                                     
Isle of Man                                 
Israel                                     
Italy                                       
Jamaica                                     
Japan                                       
Jersey                                     
Jordan                                     
Kazakhstan                                 
Korea (South)                               
Kuwait                                     
Latvia                                     
Liechtenstein                               
Lithuania                                   
Luxembourg                                 
Macedonia, the former Yugoslav Republic of 
Malaysia                                   
Maldives                                   
Malta                                       
Martinique                                 
Mauritius                                   
Mayotte                                     
Mexico                                     
Moldova, Republic of                       
Monaco                                     
Mongolia                                   
Montenegro                                 
Morocco                                     
Netherlands                                 
New Zealand                                 
Nicaragua                                   
Norway                                     
Oman                                       
Panama                                     
Papua New Guinea                           
Paraguay                                   
Peru                                       
Philippines                                 
Poland                                     
Portugal                                   
Qatar                                       
Reunion                                     
Romania                                     
Russian Federation                         
Saint Barthelemy                           
Saint Kitts and Nevis                       
Saint Lucia                                 
Saint Martin (French part)                 
Saint Vincent and the Grenadines           
San Marino                                 
Saudi Arabia                               
Serbia                                     
Seychelles                                 
Singapore                                   
Sint Maarten (Dutch part)                   
Slovakia                                   
Slovenia                                   
Somalia                                     
South Africa                               
Spain                                       
Suriname                                   
Sweden                                     
Switzerland                                 
Taiwan, Province of China                   
Thailand                                   
Trinidad and Tobago                         
Turkey                                     
Turks and Caicos Islands                   
Ukraine                                     
United Arab Emirates                       
United Kingdom                             
Uruguay                                     
Virgin Islands, British                     

Please DO NOT order a card if your country is not on the list


Card limits:


If you want to increase the card limits, please, contact support@e-coin.io



Some of company credentials:

Recent article on http://CryptoArticles.com:
http://www.cryptoarticles.com/crypto-news/e-coins-bitcoin-debit-card-is-ready-to-ship-to-customers-worldwide

E-Coin participation in the recent BitcoinExpo 2015 in London:
http://bitcoinexpo2015.com/startup-show/

http://wck2.companieshouse.gov.uk
Company No. 09228951

https://www.duedil.com/company/09228951/e-coin-trading-limited

http://companycheck.co.uk/company/09228951/E-COIN-TRADING-LIMITED

You can always invest in one of the several bitcoin debit cards that's available. In that way you can spend your bitcoin at your local deli. Bit-X and Xapo offers a card that is directly linked to your wallet [think there is others also] so you do not even have to 'load' the card beforehand, just swipe it and the amount comes off your wallet.

definitely not this year. i can only see the price go to around $500 due to the block halving. demand currently is too low to come even close to $500. we do need to wait till after the halving.

Not necessarily. It seems you have no idea about this, we are still above 100+ dollars of the initial price and suddenly 381 which is the current price is slow.. well give it time and it will recover, this is called a correction.

Inflation in this case is the increase in the supply of money (sometimes called money supply inflation).
At the point where the graph indicates 10% it means the money supply is growing at 10% annualized rate at that point in time.

It is sometimes useful for people to be specific (price inflation vs money supply inflation).  Obviously both "sides" believe their definition of inflation is the right one but it always leads to confusion and/or fights.  If everyone simply used the terms price inflation or money supply inflation it would always be clear.

Yes, XT agents will come to your home and will force you to install an XT node 

i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

I'm sorry this did no work for you. I'm assuming you bought Bitcoin during the Mt'gox fake bubble and now BTC has not gone back up? Myself i purely reinvested all the BTC i bought and got and it is working very well for me.

I hope you can find a way to make BTC work for you...

LOL 

I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money

You can indeed try the currency exchange thread or the loans thread.
Or you might be able to find someone on http://www.paxful.com

Ministry of Finance is cracking down on cryptocurrencies in general, and this new proposal could just be the beginning of things to come


http://bitcoinist.net/russia-proposes-jail-sentence-bitcoin-activities/