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Title: Are merchants are earning significant profits? Post by: the joint on February 13, 2012, 06:04:28 AM Excluding exchanges and pools, what Bitcoin businesses and companies (particularly the retail ones) do you think are making some good money? By 'good money,' I mean that they are earning enough so each person in the company can live solely off the company's profits without the need for a 2nd job.
Do Bitcoin businesses like this exist yet? Title: Re: Are merchants are earning significant profits? Post by: rapeghost on February 13, 2012, 12:18:39 PM Hi,
I'm not sure if this qualifies, but, I run BitVPS.COM and I can report our earnings/profit are quite strong. Title: Re: Are merchants are earning significant profits? Post by: MrGaSp on February 13, 2012, 06:11:31 PM I plan on getting footed enough to have my VPS business keep me afloat, right now, its just using an idle computer, but should be able to pay for the new server.
In other words, Not yet for me, my rates do cover the electric, so money is money right? Title: Re: Are merchants are earning significant profits? Post by: rapeghost on February 13, 2012, 07:29:20 PM MrGasp, why not buy a dedicated server from BitVPS? I can get you some nice deals on 6+ core AMD boxes with SAS 15k rpm disks with raid :))
Title: Re: Are merchants are earning significant profits? Post by: Littleshop on February 13, 2012, 10:13:33 PM Excluding exchanges and pools, what Bitcoin businesses and companies (particularly the retail ones) do you think are making some good money? By 'good money,' I mean that they are earning enough so each person in the company can live solely off the company's profits without the need for a 2nd job. Do Bitcoin businesses like this exist yet? Not earning enough to work as a job, but actually making a profit. Title: Re: Are merchants are earning significant profits? Post by: the joint on February 13, 2012, 11:17:49 PM Thanks for the replies guys! This is good info to have. I'm glad to see some of you making decent profits :)
Title: Re: Are merchants are earning significant profits? Post by: MrGaSp on February 14, 2012, 05:40:03 AM MrGasp, why not buy a dedicated server from BitVPS? I can get you some nice deals on 6+ core AMD boxes with SAS 15k rpm disks with raid :)) Well for one, I want to own the servers, have them in my possessions, and have physical access to them. Two, too easy ;D Edit: Third, 8GB of ram. Title: Re: Are merchants are earning significant profits? Post by: rapeghost on February 14, 2012, 11:32:16 AM Whats the point of listing three things if the first is 'i dont want it'
Title: Re: Are merchants are earning significant profits? Post by: MrGaSp on February 14, 2012, 07:57:44 PM Whats the point of listing three things if the first is 'i dont want it' One, too easy ;D Second, 8GB of ram. Third, I want to own the servers, have them in my possessions, and have physical access to them. Fixed, and 4th, that wasn't a nice comment. You asked why, i told you the reasons. Title: Re: Are merchants are earning significant profits? Post by: pirateat40 on February 14, 2012, 08:01:58 PM Nah there's no money in it. Just a hobby.
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