Who supplies us bitcoin? - page 6. | Bitcointalksearch.org

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: BCTalkaccountforsale on July 08, 2017, 09:08:01 PM

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The miners are the ones who give us bitcoin. Currently there are 21 million bitcoins. If you have finance you can buy bitcoin through exchange with others. The bitcointalk forums will also help you pretty much.

There aren't 21 millions of Bitcoin already mined. There will be 21 millions in many decades yet... However many of them will be out of control, as people lose wallet's passwords, so their Bitcoins will be inaccessible forever. It's hard to know how many Bitcoins will be circulating on the market... The prediction is that the last BTC block will be mined in 2140, after this day the primarily source of BTC will be gone...

BCTalkaccountforsale

full member

Activity: 308

Merit: 101

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The miners are the ones who give us bitcoin. Currently there are 21 million bitcoins. If you have finance you can buy bitcoin through exchange with others. The bitcointalk forums will also help you pretty much.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Do you mean who is willing to give you Bitcoin in exchange for your work? If that's the case, then there's a lot of different things you can do doing in exchange for Bitcoin but you aren't trying hard enough to make Bitcoin if you're having issues. It's not that hard to earn Bitcoin and there's probably more opportunities than ever now to earn. You just need to know where to look and have a rough idea of what you can do to earn money.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Bitcoin can be obtained via mining which is basically solving an algorithm to complete a puzzle. In your question, it is only the advertisers and services who supplies bitcoins for the economy to get a boost. Signature campaigns, ad campaigns, casinos and many other services provide work for bitcoin users in this forum, which in turn would stimulate the economy since money is moving around and creating jobs for those who have their own set of skills which further creates a demand for manpower that is paid with bitcoin.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: Eternu on July 06, 2017, 11:27:20 AM

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Well i never thought where bitcoin comes from. I know that from time to time (every four years i think) number of bitcoins that could be mined is sliced by half. But who gives those bitcoin i do not know. And about jobs and payment, well for people to get bitcoins so they could pay other people, well that is not so hard, just go on any site that sell bitcoins and there you go. Cheesy

New bitcoins are created when a block is created, that is called block reward and it is awarded to miners then the miners can decide if they keep those coins or if they decide to sell to the market, I will not be surprised if many miners decided to not sell their bitcoin and by doing so they increase their profits like any bitcoin holder does.

maku

legendary

Activity: 1288

Merit: 1000

There is and always was only one way of supplying Bitcoin - by mining new bitcoin out. Miners can do whatever they want with their coins.
Op, when you mentioned faucets or other ways to get bitcoin you need to know that this has nothing to do with supplying new coins for users.
These are merely the ways of earning bitcoin, and the best way of getting BTC was always buying it for fiat.

Eternu

sr. member

Activity: 560

Merit: 257

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Well i never thought where bitcoin comes from. I know that from time to time (every four years i think) number of bitcoins that could be mined is sliced by half. But who gives those bitcoin i do not know. And about jobs and payment, well for people to get bitcoins so they could pay other people, well that is not so hard, just go on any site that sell bitcoins and there you go. Cheesy

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: Bezobraznike on July 06, 2017, 09:31:21 AM

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

I am confused here, bitcoin supply depends from block rewards, cause of that there is halving every 4 years, where supply goes down for
half. Miners are in first position, they take this rewards from network cause they helping with their mining, then they sell bitcoins on many
places, other buy from them and give it trough faucets, different campaigns, invest them in services, etc.
I learn about this just month ago, it is still fresh in my mind, I do not understand what most people in this thread talks about. Miner can
decide to sell his coins to exchange site, or to some other individual, it is entirely his choice.

Miners introduce newly minted bitcoins into the total supply. There's *no other way* to introduce new bitcoins into the total supply. Nobody can do this, only miners that mine blocks.

By 2140 there will be no more newly mined coins so the supply will be limited at around 21 million.

The good news is that the price should be high enough for the fee rewards to be enough of an incentive for miners to keep mining forever.

webtricks

legendary

Activity: 1918

Merit: 1728

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer lies in the same who supplies you "Fiat Money".
You can earn money doing job, sell things and more. Similarly the limited supply of btc is presently being distributed among people out of whom some sell BTC, some give you for jobs, etc.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

I am confused here, bitcoin supply depends from block rewards, cause of that there is halving every 4 years, where supply goes down for
half. Miners are in first position, they take this rewards from network cause they helping with their mining, then they sell bitcoins on many
places, other buy from them and give it trough faucets, different campaigns, invest them in services, etc.
I learn about this just month ago, it is still fresh in my mind, I do not understand what most people in this thread talks about. Miner can
decide to sell his coins to exchange site, or to some other individual, it is entirely his choice.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: bitllionaire on July 05, 2017, 04:55:29 PM

Quote from: darklus123 on July 04, 2017, 10:11:28 PM

I think the reason why does the bitcoin that is currently rotating in the market because most of the giant traders holds a very huge amountd so smaller amount instead rotates the market tho i think that it would never happens that there would be no platform for us anymore where we can earn

that s right that the big whale are not ready to sell bitcoin in present time they are confident about the price of bitcoin that it will continue increase and therefore they are in search of such chance to sell bitcoin in high price and secure their position.

That is one of the most scary scenario for bitcoin is when the price goes up very high and the whales start to sell their bitcoins and that will make a huge price downfall because of the big amounts of bitcoin to get unloaded from their wallet. Whales are just chilling and counting their gains but after a few years of pumping the price of bitcoin they will start to sell off and get their profits.

Jerzzz

sr. member

Activity: 415

Merit: 250

So many investo to the other countries to supply and adopted so now bitcoin is going to spread the word for now you cannot worry about bitcoin supplier.

hase0278

hero member

Activity: 882

Merit: 544

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

If you are asking where to get bitcoin since your post suggests it that way, you can get from altcoin trading, offering services here in bitcointalk, and many more.methods but I'd you don't want to invest join altcoin bounty campaigns. If you are talking literally who supplies bitcoin to the market, miners and users that trades or sell are the ones supplying bitcoin to those who wanted to buy it on exchanges.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

I think you are mistaking supply with ways of earning bitcoin, the supply comes from the same people as always the miners, they are the ones that are able to get new coins in the bitcoin economy, but if you want to get bitcoin then you need to be able to create a product or service people want, so like you see this is not that much different to what you need to do with fiat.

bitllionaire

legendary

Activity: 1120

Merit: 1000

Quote from: darklus123 on July 04, 2017, 10:11:28 PM

I think the reason why does the bitcoin that is currently rotating in the market because most of the giant traders holds a very huge amountd so smaller amount instead rotates the market tho i think that it would never happens that there would be no platform for us anymore where we can earn

that s right that the big whale are not ready to sell bitcoin in present time they are confident about the price of bitcoin that it will continue increase and therefore they are in search of such chance to sell bitcoin in high price and secure their position.

Astvile

sr. member

Activity: 1484

Merit: 276

Correct me if im wrong guys,
One person/company i only know that supplies us bitcoins and i think that is the exchange and the miners,for theminers who mines each bitcoin that is available and exchanges that selling us bitcoins if we are in need of it

Arumi.Bilqis

sr. member

Activity: 457

Merit: 250

I agree with you, bitcoin is now not as easy as it once was, if only relying on the hunter's reward will take a long time to earn a lot of money.

darklus123

hero member

Activity: 1246

Merit: 588

I think the reason why does the bitcoin that is currently rotating in the market because most of the giant traders holds a very huge amountd so smaller amount instead rotates the market tho i think that it would never happens that there would be no platform for us anymore where we can earn

RedX

sr. member

Activity: 364

Merit: 250

Quote from: DjTremor on July 03, 2017, 07:07:52 PM

Quote from: Crapz23 on July 03, 2017, 01:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

The answer is easy, miners are supplying new bitcoin to the community. If pay attention, you can observe that the circulating number of bitcoin increases every day. That's what I'm saying, due to mining activities.

I think op is scared if bitcoin has no more supply. You don't have to worry about that like its being said thanks to all the miners all over the world. Even though earning bitcoin through mining will not make big profit but they still mine.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

How about buying bitcoin with proceeds from real life work? That's always the best and most reliable way to get bitcoin. It's an investment, and in my opinion isn't something that necessarily has to be earned straight out. Just like no one earns gold coins anymore, no one is really supposed to earn bitcoin. True, there are signature campaigns and programming geeks who do this, but those are exceptions. I'd say most people buy it with cash money. Don't look too hard for earning opportunities, because it's true, there aren't that many.

Topic: Who supplies us bitcoin? - page 6. (Read 4041 times)