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Re: Cryptocurrency

Postby oldbuddy » 07 Jun 2021, 15:48

cmoneyspinner wrote:
oldbuddy wrote:I also exchange my crypto for goods and services with no conversion. A prime example is when I buy Groceries at Safeway by using a Gift Card I obtained from Bitrefill using Crypto.


We don't have a Safeway any more. They were bought out by Randall's. But I heard this company called Sheetz is going to start accepting cryptocurrency this summer 2021. However, Sheetz is not in Texas. Meanwhile I'm still trying to figure out how to use PayPal for crypto transactions.

Sheetz to accept Bitcoin, other cryptocurrencies this summer | RochesterFirst
https://www.rochesterfirst.com/news/she ... is-summer/ ...

I use Safeway because they are close, but Bitrefill has over 3,000 cards available including Randalls, Kroger and even InstaCart.
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Re: Cryptocurrency

Postby Yugocean » 07 Jun 2021, 17:13

Right now cryptos are getting accepted slowly, but fiat is still boss. Just now El Salvador country is going to legalize Bitcoin.
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Re: Cryptocurrency

Postby A K Rao » 07 Jun 2021, 17:18

oldbuddy wrote:but crypto is mostly global and no matter where you live, if you want to buy a product or service from someone in another country that accepts crypto, no conversion is necessary.


This is very important that crypto currency is having same value globally and every one knows the current value so there arises no question of conversion! They can be exchanged or traded like fiat money in the open market!
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Re: Cryptocurrency

Postby Yugocean » 07 Jun 2021, 17:24

Transaction fees will remain an issue, we need to use only those which cost less fees, otherwise exchange of fiat is better option.
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Re: Cryptocurrency

Postby cmoneyspinner » 07 Jun 2021, 18:47

skysnap wrote:Paypal is not safe for crypto. they may say they are accepting but may lock the funds any time. they own the wallet and not us.


Thanks for the warning. :thumbup: :thumbup:
I sort of thought they might not be that good.
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Re: Cryptocurrency

Postby Damilex » 07 Jun 2021, 20:47

Crypto currency is a digital currency that can be used to buy goods and services but used an online ledger with strong cryptography to secure online transaction.
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Re: Cryptocurrency

Postby skysnap » 08 Jun 2021, 08:28

I use the crypto to get the bills paid and also to have some amount of the saving. that is one good way to approach the earning and long term work.
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Re: Cryptocurrency

Postby Putta Vince » 08 Jun 2021, 13:51

I was introduced to crypto in 2017 , that time I self studied on what was actually cryptocurrency from freebitco faucet faq and other information. Many people in our area know about stocks and investing but are not aware of crypto , so crypto is yet to reach millions of people and by the time it reaches , we can expect it to reach $100k.
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Re: Cryptocurrency

Postby Ridorz » 08 Jun 2021, 13:58

Crypto currency is now recognized in all countries in the world despite that some countries do not accept it. But what I believe is that cryptocurrency can not replace a Fiat currency.
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Re: Cryptocurrency

Postby Alexandoy » 08 Jun 2021, 21:58

Ridorz wrote:Crypto currency is now recognized in all countries in the world despite that some countries do not accept it. But what I believe is that cryptocurrency can not replace a Fiat currency.


What do you mean by "recognized" is it okay with the government?
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Re: Cryptocurrency

Postby bestwriter » 09 Jun 2021, 02:47

Noise cash is where I had to open an account. I am a novice in toto and have a long way to go to understand what it is all about
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Re: Cryptocurrency

Postby Sincerem » 09 Jun 2021, 05:20

Join site as a novice which can reward your hardwork better and not joining a crypto payment site that will take lots of time for you to build your asset there.
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Re: Cryptocurrency

Postby ahmedo24 » 09 Jun 2021, 06:38

bestwriter wrote:Noise cash is where I had to open an account. I am a novice in toto and have a long way to go to understand what it is all about

Gradually you will become a pro it just a matter of patience and commitment. If you build relationship there you will earn faster
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Re: Cryptocurrency

Postby Optimally Ace » 09 Jun 2021, 08:31

While it is unlikely that Bitcoin will replace existing currencies, the emergence of 'cryptocurrencies' and 'stablecoins' has prompted exploration of central bank digital currencies. ... Bitcoin can be sent from one address to another by generating a transaction, which is then recorded on an immutable public 'block'.
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Re: Cryptocurrency

Postby skysnap » 09 Jun 2021, 09:12

I think a lot of currencies are fake and are created to earn some venture capital investment and then they sell and run away. happening all over these days.
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Re: Cryptocurrency

Postby Yugocean » 09 Jun 2021, 09:58

skysnap wrote:I think a lot of currencies are fake and are created to earn some venture capital investment and then they sell and run away. happening all over these days.

This is common practice, but that don't make a cryptocurrency fake, it is real and value depends if accepted in market.
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Re: Cryptocurrency

Postby oldbuddy » 09 Jun 2021, 16:05

skysnap wrote:I think a lot of currencies are fake and are created to earn some venture capital investment and then they sell and run away. happening all over these days.

If you stick to the well known exchanges and wallets for your transactions it's safe.
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Re: Cryptocurrency

Postby raaman » 09 Jun 2021, 16:51

oldbuddy wrote:
skysnap wrote:I think a lot of currencies are fake and are created to earn some venture capital investment and then they sell and run away. happening all over these days.

If you stick to the well known exchanges and wallets for your transactions it's safe.

Can you please suggest some well known exchanges and wallets please?
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Re: Cryptocurrency

Postby Alexandoy » 09 Jun 2021, 21:51

skysnap wrote:I think a lot of currencies are fake and are created to earn some venture capital investment and then they sell and run away. happening all over these days.


There are more than 2,000 kinds of crypto coin and I think the number is growing fast.
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Re: Cryptocurrency

Postby cmoneyspinner » 09 Jun 2021, 22:22

bestwriter wrote:Noise cash is where I had to open an account. I am a novice in toto and have a long way to go to understand what it is all about


When I joined Noise.Cash I thought it was great because it was just like tweeting OR blogging. You could do both. When the NC Team made changes I just stayed consistent with my activity and kept on posting. When they made changes, like adding the "channels", I tried them out. So far I have not had any bad experiences at Noise.Cash. This site is brand new and I have been at new sites before that did not last. I really hope Noise.Cash survives.
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