Who supplies us bitcoin? - page 7. | Bitcointalksearch.org

FlightyPouch

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Quote from: amaral1977 on July 04, 2017, 04:08:08 PM

At this price, BTC comes from hard work...whatever it is.If you are in "the faucet concept" for free money head to the alt coin section and try to get some of the new cheap ones...they might burst and get you somewhere...

With the price nowadays and it's popularity through the investors and through people, there are a lot of ways that supplies these digital currency. But the most popular that supplies bitcoin I think is these forum. There are a lot of ways to earn bitcoin here even the new altcoins. Outside the forum, there are lot of ways like PTC, faucet, freelance, blogging, gambling and others.

amaral1977

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At this price, BTC comes from hard work...whatever it is.If you are in "the faucet concept" for free money head to the alt coin section and try to get some of the new cheap ones...they might burst and get you somewhere...

jc89

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

It is best to clarify your question. Are you after where does Bitcoin come from or where can you get (earn) Bitcoin?

If the main concern is about its supplier and where Bitcoin came from, Bitcoin is being mined. A new block of Bitcoin is born when a block of transactions are confirmed and done plus a bonus amount of Bitcoin is produced as a reward for the miner. So basically, miners are the suppliers of Bitcoin.

But if you are asking where you can earn some, it is just like fiat. Any way you can earn fiat, you can earn Bitcoin that way too. A famous way of earning Bitcoin here is by joining bounty campaigns, trading, and investing.

bamboylee

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

Earning bitcoin has really became hard. It is just proportionate to its value, I guess. That is fair in my opinion. Even signature campaign has lessen the amount they reward per post. So to answer your question, work hard. Either work for bitcoin directly or work for fiat and buy bitcoin on exchanges. It is not worth it to use faucet nowadays. The value will just be eaten by fees when you transfer them.

Yatsan

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Quote from: Esphere.in on July 04, 2017, 10:20:45 AM

Quote from: NeilLostBitCoin on July 04, 2017, 08:49:58 AM

Currently we have a total supply of 16million bitcoin. Bitcoins supply maximum capacity was 21million. we are acquiring it by mining. if you want to mine some bitcoin you should have a powerful computer or just powerful gpu's to have a good hashrate.

Even with a powerful computer with a good GPU wont earn you any bitcoin ,if you need to mine bitcoin with the present difficulty rate,you need to have a higher hash rate and the only system that can provide that are ASIC machines which are made specific for that object. Wink

You can mine bitcoin with a good GPU but the amount that you can mine is small only and not worth it. you need to invest a big money if you want to mine and in my opinion all can mine as long they have the PC but the time that you are going to invest will be became waster because the profit is too low.

Esphere.in

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Quote from: NeilLostBitCoin on July 04, 2017, 08:49:58 AM

Currently we have a total supply of 16million bitcoin. Bitcoins supply maximum capacity was 21million. we are acquiring it by mining. if you want to mine some bitcoin you should have a powerful computer or just powerful gpu's to have a good hashrate.

Even with a powerful computer with a good GPU wont earn you any bitcoin ,if you need to mine bitcoin with the present difficulty rate,you need to have a higher hash rate and the only system that can provide that are ASIC machines which are made specific for that object. Wink

ClaraLuV

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Quote from: GreenBits on July 03, 2017, 08:05:15 PM

If you were digging the old 'no work free money' concept of bitcoin, try some of the altcoins, specifically the newer ones. There are plenty of faucets still available for coins other than bitcoin, if you can guess which one will be worth something in the future Wink

If i have the slightest idea about which will be the next big thing then i would invest my entire fortune in it without a second thought. Cheesy

The problem with all the alt coin is that you never know what will happen to them in a few years,the possibility of growth is not that bright as bitcoin ,but you never know what will happen in a few years.

Barcode_

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It is the mining system designed by creator of bitcoin that constantly supply more bitcoins into the markets by the miners, but there is a cap limit of 21 millions bitcoins that could be mined only, miners purchase mining equipment and use their own electricity to mine bitcoins as rewards but after every 210,000 blocks, the mining reward is cut in half, this is known in the bitcoin industry as a halving event.

NeilLostBitCoin

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Currently we have a total supply of 16million bitcoin. Bitcoins supply maximum capacity was 21million. we are acquiring it by mining. if you want to mine some bitcoin you should have a powerful computer or just powerful gpu's to have a good hashrate.

jpouza

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A good way to earn some bitcoins is mining altcoins with a good rig and automatically exchanging them for bitcoin (sell hash power).
Another way is getting into some btctalk signature campaigns, but remember to follow the rules of each, very important and crucial to keep btc incoming.

HasHe

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

More Bitcoins are bought by mining operations.Satoshi created bitcoin and fixed 21 million coins as total supply.He designed a system that for each bitcoin transaction to be made,mathematical calculations has to be solved and new bitcoins are given as reward for doing such operations to people who do it with systems and nowadays ASICs.This operation is called as mi ning and those who carry on this operation were termed as miners.It is due to this process,new bitcoins are got for circulation.

mindrust

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The main supplier is Bitmain Corp. at the moment. You can mine your coins yourself but you buy your miners from Bitmain. Why? Because their miners are the most efficient miners and there isn't any competing companies which comes close. Not the mention, bitmain itself owns the majority of the hashrate. So whether you buy miners or not, the main supplier is bitmain.

Sled

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The miners supplies us bitcoins and those mined bitcoins goes to the market and the cycle will continue because there is buying and selling bitcoin so the supply is just circulating and there is some reasons why the price of bitcoin is rising even though the cycle of buying and selling bitcoins are consistent. It is because there are people who hoard and believe that bitcoin will become more expensive in the future.

dihari

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

Miners are the big holders and supplier of bitcoin that supply all btc spread right now. But I don't think your question is about, I assume you asked who supply bitcoin and spread it to us without buy it and just get it free.
Faucet is not worth it anymore, it's a wasting time job. The best section you can see to get bitcoin now is in service section in this forum.

tiggytomb

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

Sounds like you are looking for free coins rather than actually inquiring how bitcoins are created. True that back in the day it was pretty easy to get some coins through faucets, giveaways and so on but now the price is what it is and more people are looking at bitcoin it would be a bit harder to get 'free' coins.

You could sell some stuff to get some bitcoin or work your way through the ranks here in the forum and join a signature campaign as another method, I am sure there are still some faucets out there, freebitco.in is around and has been for a few years but bear in mind faucets will take you a very long time to earn anything and at the end of the day you don't get anything for free.

Yanisumin

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

No one can really tell who supplies us bitcoins, but I think miners are playing a vital role of supplying new mined bitcoins to the community. There are big investors in the early years of bitcoins but unless they don't hold their coins, the bitcoins they are holding wont go in circulation. The online wallets also acquiring btc by buying them and they have started with a big budget in order to operate the exchanges of bitcoins to fiat and vice versa. If you are thinking if who can supply you bitcoins because you are buying a huge amount then, you van find some online sites and online wallets that lets you cash in some fiat and exchange it to bitcoins.

Pettuh4

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New Bitcoins are generated through mining and the miner who solves the block is rewarded for his work . Currently each block solved receives a reward of 25 bitcoins ( it used to be 50 but halved last year) . Each block is found and solved every 10 minutes and the reward halves after every 210,000 blocks. Hope this helps.

bitcoinvestor

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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!

Bitcoin is produced through mining. I think you should learn first about bitcoin before you plunge into this world. Bitcoin total supply is 21 million. Now earning via faucet is very low payment. If you have enough cash you can buy bitcoin via exchanger. If not, just be active in bitcointalk you will learn a lot from this forum.

DjTremor

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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.

GreenBits

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Quote from: Crapz23 on July 03, 2017, 02:47:06 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 easiest way to earn bitcoin is to simply earn money Wink

You are absolutely right. As the price has gone up, the availability of free coins, or click work coins, has gone down. Get a RL job and buy bitcoin, most crypto income streams will simply not earn you as much per hour as you could working around town. There is the perennial signature campaign, but it might be a while before your account is mature enough to earn a decent income stream Sad

If you were digging the old 'no work free money' concept of bitcoin, try some of the altcoins, specifically the newer ones. There are plenty of faucets still available for coins other than bitcoin, if you can guess which one will be worth something in the future Wink

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