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NerdIndeed

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Everything posted by NerdIndeed

  1. NerdIndeed
    Let Bitcoin be another form of payment method on major (Amazon, eBay) e-commerce platforms. I'll benefit from that if ever that happens. And that's a good starting point for Cryptocurrencies to be more adopted.
  2. NerdIndeed
    I agree digitalization is increasing at an incredible pace. The only worry I have with cryptocurrency is that governments do not want to acknowledge it, yet. But I saw a video clip before about a vending machine that accepts Bitcoin payments. I just forgot what country it is from so there's hope it might be adapted in the future worldwide.
  3. NerdIndeed
    A YouTuber from here also recommended the site before, but he changed his mind about it. Not because of Genesis mining itself, he said he has investments on it too, but because of the sudden price drop of the cryptocurrency.
  4. NerdIndeed
    I only read it from here actually that there are small online stores that accept cryptocurrency payments. Based on your example, it can go either way. What if Bitcoin prices didn't drop but increased? They'll have more profits right?
  5. NerdIndeed
    Forgive me, but I don't get it. If the stores are outside of Nigeria, will the online store be held liable if someone from Nigeria buys from them using Bitcoin? Or only the buyer from Nigeria will be violating the law?
  6. NerdIndeed
    That's crazy. If ever that happens, exchanges between each one of them will be a nightmare. LOL
  7. NerdIndeed
    I'd say Japan. No reason whatsoever but the country is way ahead of everyone else when it comes to the application of technology, and they have this reputation of not being afraid to try things first hand before everybody else.
  8. NerdIndeed
    That's bigger compared to its rivals. In Paymaya, a 100 credits go for PHP 95.00
  9. NerdIndeed
    Hmm, I see. I heard some online stores accept cryptocurrency payments now. What if someone from your country buys a product overseas using Bitcoins, will he be violating any law? Or will the rule apply only on local transactions?
  10. NerdIndeed
    That's what I'm saying if a lot of small stores accept payments via cryptocurrencies the public will see it more reliable. I'm not an expert but once Bitcoin makes a deal with one of the giants, it will be widespread and prices of Bitcoin will skyrocket.
  11. NerdIndeed
    I just learned this today, and I thank @Kakashi2020 Your idea is however interesting, a secret group of programmers you say? It might be. One thing I would also like to add to the question is that who came up with the idea that it can also be mined? For me, that's genius. It's like a treasure hunt or something.
  12. NerdIndeed
    But does being completely anonymous compromises the currency? Like you mentioned it benefits shady people like money launderers but how about the ordinary ones? It's so hard to trust, let's say a currency if no form or body is governing it.
  13. NerdIndeed
    It seems that Bitcoin also follows the law of supply and demand. The main factor to get it's price up is if its demand increases. So it's imperative for the cryptocurrency to be majorly used as a mode of payment to have a need for it because as of now, all it is about is a digital currency and nothing more. (as far as I know)
  14. NerdIndeed
    I see, still, that's excellent news. I'm sure if small businesses are starting to accept payments through cryptocurrencies, the giants might follow suit in the future.
  15. NerdIndeed
    I see, now I know. Thank you very much as I've learned something new again today. All the best my friend!
  16. NerdIndeed
    I see. I thought its central unit of conversion was Satoshis? Like more people use the term "Satoshi" more than "bits" right?
  17. NerdIndeed
    I never know that some e-commerce sites are accepting Bitcoins as a mode of payment. All I know of are the popular ones which are PayPal, credit and debit cards, etc. Are the stores you mentioned major e-commerce platforms like Amazon and eBay?
  18. NerdIndeed
    I just learned about this today, and I'm on the same predicament as to why they are not allowing the use of the cryptocurrency, knowing for a fact that it is now widely used all over the world.
  19. NerdIndeed
    Oh really? I didn't know that. Did they mention what the grounds for not allowing Bitcoins or other cryptocurrencies are? I mean why?
  20. NerdIndeed
    That sounds great. May I ask how much discount you get from using it as a loading business? Like for example, for a PHP 100 load, how much is it in coins.ph?
  21. NerdIndeed
    It is indeed expensive, and I guess you may only earn good profits if you live in a country where electricity is cheap. A mining rig I know of costs $2000, but they say if you do it right, ROI is six months. Never have tried it, so I'm not sure.
  22. NerdIndeed
    I heard about Genesis mining from a YouTuber before, and it is one of his recommended sites for investing. However, after maybe six months, he changed his mind and said do it at your own risk. I signed up but all of their plans are already used up, and I have to wait six months again for options to be open.
  23. NerdIndeed
    I don't have any experience regarding coins.ph but I heard that aside from being a Bitcoin wallet, you can also use it to top-up cellphone load and pay your utility bills.
  24. NerdIndeed
    What are those countries that you are referring to?
  25. NerdIndeed
    I first heard it when I was searching for investments that I can do online. Cryptocurrencies popped up on the results, and I got interested for a while. I still have a lot of things to learn about it like how is it earned, traded, and other stuff.
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