I really want to understand the mining process though. How much does it cost to invest in the equipment and what kind of returns you could expect.
I have traded once or twice in person just so I could use it to buy some goods online but that's about it. After hearing about the biggest exchanger shutting down I'm glad I didn't put a good chunk of my money in there.
I use coinbase.com. They are aggravating in the sense it takes 3-4 business days for them to credit you the coins after you make a purchase.
Online there are sites you can save a lot of money by using them as a payment method. And it is huge for identity protection because no information is required except at the place where you actually buy the coin. No IDs, names, even addresses.
For now I do not use bitcoin. I am still looking up the online for sites that pay with bitcoin to work with and earn some bitcoin.
I use bitcoin. I am into dash, ether, bitcoin, steem and few other currencies. so far I am doing good with them. Though not a good amount of earning to be honest. I am just earning on some of the top currencies. And it can be a bit dragging sometimes. So hopefully things work out for me.
I don't use bitcoin yet but it's something that I would love to have for free so that I can spend it.
If you want buy it now is the time. The reason being there are lot of low rates going on for the coins. And it can be really good for the value of the coins. It seems like good option.
The value of the bitcoin has increased over the past few years. I don't use bitcoin but I'm thinking of investing on it for future purposes just in case that the value increases again.
I only here about it but I have never tried it out. If I had any knowledge rrgarding the same, I would be happy to use it.
I am using it. As of now it is down. And not much market for the same. I hope tht it picks up. I have made investment into it. But based on what I have seen it seems like it may not be that easy though.
I used to mined bitcoins but I stop it months ago. The mining depends on my Internet connectivity and as I was here in a country which Internet connection is too slow, mining is not recommendable. And the earning process in bitcoin is too slow. You need a lot of patience and I don't have that. So I gave up all my bitcoins and sell it.