If you are going to sell it here on bitcointalk, please don't forget to use a trusted escrow to prevent getting scammed.
This right here. If you're going to sell it here in BCT, make sure the escrow service or provider is a trusted one, or you'll possibly lose all your coins. Getting the exact name is very important, as some scammers use a . at the end of their name, use the number 0 instead of letter O, or use an r and n together to look like the letter "m" and so forth. Here's some resources:
If you are going to sell it here on bitcointalk, please don't forget to use a trusted escrow to prevent getting scammed.
This right here. If you're going to sell it here in BCT, make sure the escrow service or provider is a trusted one, or you'll possibly lose all your coins. Getting the exact name is very important, as some scammers use a . at the end of their name, use the number 0 instead of letter O, or use an r and n together to look like the letter "m" and so forth. Here's some resources:
"-Miners typically need to sell their coin immediately as they have invested in equipment that expects a return"
Can someone please clarify for me, in layman's terms, how the investment a miner makes to acquire a coin is any more at risk than the investment a trader makes to acquire a coin? Once the coin is in your wallet, the relative return on that coin, once sold, is identical for both cases isn't it?
Miner: Spent $10 on equipment costs, $90 on power and cooling, received one Bitcoin worth $100
Speculator: Spent $90 on some exchange, $10 on fees, received one Bitcoin worth $100
Why are these two individuals in any different situation once they have turned their non-coin assets into coin? Up until the moment the coin landed in their wallet, their pre-coin assets could have performed wildly different to each other. But once they have been converted to coin, they perform the same? Or am I making the mistake of thinking miners do not see themselves as speculators but as something like 'manufacturers' and are thus not using disposable risk capital to set up their operations?
Miners would like to continue mining and earn bitcoins. So their bills have to be paid out.
Someone have a very big bill to pay and mining is some kind of investmet.
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BoardEconomics
Re: In 10 years, when BTC is mainstream what % of people will own 1 BTC