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Other => Beginners & Help => Topic started by: RogerBTCrabbyt on August 25, 2014, 11:04:04 AM



Title: Im poor as it gets
Post by: RogerBTCrabbyt on August 25, 2014, 11:04:04 AM
How in hell im supossed to get BTC if im going from bill to bill? I dont have any spare BTC, faucets are jokes, and I cant risk my savings into BTC (small savings anyway).

This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.


Title: Re: Im poor as it gets
Post by: oceans on August 25, 2014, 11:29:50 AM
Do you have any skills you can offer for services that people may be willing to pay you in bitcoins for? I know there are a lot of people who started out like you who have offered services and asked to be paid in bitcoins. Also have you taken a look at signature campaigns as well? This may be ideal for someone like you who is not able to invest into bitcoin just yet.


Title: Re: Im poor as it gets
Post by: Jesu on August 25, 2014, 11:38:06 AM
Only you can find the ways or will power to create more wealth for yourself. Do extra jobs and try earn a little extra fiat money, then buy small amounts when you can every so often. You'll soon build up some bitcoin wealth, but nothing in life comes easy. If you want something you'll have to work hard and earn it as it's not going to just come to you.


Title: Re: Im poor as it gets
Post by: Diabolicus on August 25, 2014, 11:51:00 AM
How in hell im supossed to get BTC if im going from bill to bill?

Same way as you get anything else in life: make a list of things you really want/need, prioritize the items on your list, check your budget, cross out things from your list until what you want equals what you can afford - then buy. If it turns out that BTC is no longer on that list, then either your budget is too small, or your priorities are others (new cellphone? car? TV set? vacations?)

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I dont have any spare BTC, faucets are jokes,

Honestly, why should anyone give out BTC for free? This is not how life works, sorry.

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and I cant risk my savings into BTC (small savings anyway).

Understandable, and probably a wise decision not to risk life savings however small on a high risk investment. Yet again: no risk, no reward, sorry pal.

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This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.

Remains to be seen. Fiat money is a dead end, and the blockchain virus has already been released from Pandora's box, it won't just simply disappear again.

My advice if you really don't have that much to spend on BTC: set aside small amounts, buy whatever fraction of a bitcoin you can afford every month, and keep it safe in cold storage. Then come back in a year and see if it was worth it.


Title: Re: Im poor as it gets
Post by: RogerBTCrabbyt on August 25, 2014, 12:00:45 PM
Only you can find the ways or will power to create more wealth for yourself. Do extra jobs and try earn a little extra fiat money, then buy small amounts when you can every so often. You'll soon build up some bitcoin wealth, but nothing in life comes easy. If you want something you'll have to work hard and earn it as it's not going to just come to you.

That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.


Title: Re: Im poor as it gets
Post by: virtualx on August 25, 2014, 12:09:08 PM
How in hell im supossed to get BTC if im going from bill to bill? I dont have any spare BTC, faucets are jokes, and I cant risk my savings into BTC (small savings anyway).

This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.

There are many ways to get BTC. Faucets are not a joke, just tiny earnings - better than nothing.
Bigger earnings in services likes signature campaigns. Or, run a business.




Title: Re: Im poor as it gets
Post by: RogerBTCrabbyt on August 25, 2014, 12:12:29 PM
How in hell im supossed to get BTC if im going from bill to bill?

Same way as you get anything else in life: make a list of things you really want/need, prioritize the items on your list, check your budget, cross out things from your list until what you want equals what you can afford - then buy. If it turns out that BTC is no longer on that list, then either your budget is too small, or your priorities are others (new cellphone? car? TV set? vacations?)

Quote
I dont have any spare BTC, faucets are jokes,

Honestly, why should anyone give out BTC for free? This is not how life works, sorry.

Quote
and I cant risk my savings into BTC (small savings anyway).

Understandable, and probably a wise decision not to risk life savings however small on a high risk investment. Yet again: no risk, no reward, sorry pal.

Quote
This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.

Remains to be seen. Fiat money is a dead end, and the blockchain virus has already been released from Pandora's box, it won't just simply disappear again.

My advice if you really don't have that much to spend on BTC: set aside small amounts, buy whatever fraction of a bitcoin you can afford every month, and keep it safe in cold storage. Then come back in a year and see if it was worth it.

Most people CANT afford doing what you pretend. Dude im all for BTC being a success, im just being realistic, you aren't. For BTC to be a success we need mass adoption, and most people aren't going to risk exchanging their money for BTC. So how do we solve this?


Title: Re: Im poor as it gets
Post by: Barnabe on August 25, 2014, 12:15:38 PM
Only you can find the ways or will power to create more wealth for yourself. Do extra jobs and try earn a little extra fiat money, then buy small amounts when you can every so often. You'll soon build up some bitcoin wealth, but nothing in life comes easy. If you want something you'll have to work hard and earn it as it's not going to just come to you.

That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.
At the time mining would get you more bitcoin, but their value was much much (much) lower. In average an average Gpu miner could expect to win maximum 1$ per day.
Don't be jalous of early adopters if it was so easy why didn't you mine/bought BTC back then ?

(You can still mine altcoin with your GPU and change them for bitcoins)


Title: Re: Im poor as it gets
Post by: Diabolicus on August 25, 2014, 12:18:01 PM
That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.

Leave your money in a bank account and lose what, 2% purchasing power per year? Fine. Or put it into a high risk investment that yielded several hundred % the past years ... your choice really. If you are convinced that this experiment won't change anything in your life, than there is nothing to be sorry about, just keep your happy fiat!
Just don't come back here next year and cry to us because you missed the same boat twice ;-)

Edit:
To clarify, I'm not saying you will get rich quick with BTC, those days are probably long gone. Then again, last year I gave BTC maybe a 20% chance to survive, and now I'd say we are at least at 50%, so even if you invest now and only make 10%/year, you are already far, far better off than with traditional bank savings, don't you think?


Title: Re: Im poor as it gets
Post by: RogerBTCrabbyt on August 25, 2014, 12:20:37 PM
That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.

Leave your money in a bank account and lose what, 2% purchasing power per year? Fine. Or put it into a high risk investment that yielded several hundred % the past years ... your choice really. If you are convinced that this experiment won't change anything in your life, than there is nothing to be sorry about, just keep your happy fiat!
Just don't come back here next year and cry to us because you missed the same boat twice ;-)

If I invested when BTC was 1000 like a lot of other people did, I would be fucked as we speak.
If I invested 20 bucks back in the day, I would be rich.

This is why people (normal people) aren't getting into BTC, risk reward now is too low.


Title: Re: Im poor as it gets
Post by: Diabolicus on August 25, 2014, 12:22:05 PM
If I invested when BTC was 1000 like a lot of other people did, I would be fucked as we speak.

True. But if you had constantly bought 100$ worth of BTC/month over the past year, where would you be then with your investment?


Title: Re: Im poor as it gets
Post by: RogerBTCrabbyt on August 25, 2014, 12:27:05 PM
If I invested when BTC was 1000 like a lot of other people did, I would be fucked as we speak.

True. But if you had constantly bought 100$ worth of BTC/month over the past year, where would you be then with your investment?

Yeah but let's talk about NOW. By the time most people hear about BTC and what it is, the price will be even higher, so worse than now for them to invest.


Title: Re: Im poor as it gets
Post by: DrG on August 25, 2014, 12:40:42 PM
Only you can find the ways or will power to create more wealth for yourself. Do extra jobs and try earn a little extra fiat money, then buy small amounts when you can every so often. You'll soon build up some bitcoin wealth, but nothing in life comes easy. If you want something you'll have to work hard and earn it as it's not going to just come to you.

That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.

You know what's bullshit is your attitude.  You want self pity go sit on a street corner and cry one out.

People who bought $3k worth of GPUs when Bitcoin was $20 in August 2011 had to watch Bitcoin drop to $2.  Yeah, no risk there.

There's plenty of people who bought AAPL back when it was cheap and made just as much money - just over a longer scale.

You can't change the past...


Title: Re: Im poor as it gets
Post by: Jesu on August 25, 2014, 12:49:17 PM
Only you can find the ways or will power to create more wealth for yourself. Do extra jobs and try earn a little extra fiat money, then buy small amounts when you can every so often. You'll soon build up some bitcoin wealth, but nothing in life comes easy. If you want something you'll have to work hard and earn it as it's not going to just come to you.

That's bullshit, early miners and investors got rich with minimum effort (luck). And don't sell me "they took big risks". Nope, some invested a couple dollars then got rich 3 years later. People investing now is the ones taking huge risks.
Bitcoin is a cool technology but it's going nowhere since people like me (the 99%) think we are just serving another 1% elite (the big stakeholders). So everyone i've talked to said they might as well get paid in gov/army backed money rather than put it in some experiment that doesn't really change anything in your life.

It can change your life and if you believe in the technology you would get behind it, but you sound like you're just bitter that you didn't get rich quick overnight. The early investors are rewarded for their vision in believing in the technology and investing in it when they did whether they put a little money in or a lot. Sadly, now it just seems to be people getting involved so they can make a quick buck and then complaining when they don't or can't.


Title: Re: Im poor as it gets
Post by: Diabolicus on August 25, 2014, 12:52:19 PM
If I invested when BTC was 1000 like a lot of other people did, I would be fucked as we speak.

True. But if you had constantly bought 100$ worth of BTC/month over the past year, where would you be then with your investment?

To answer my own question:
A constant 100$/month investment over the past 12 months would have bought you between 3.0 (month's highest price) and 3.5 (month's lowest price) BTC. So even now, at the bottom of a 6 months downtrend, you are still up 25-45%.

However, if you had started buying only 10 months ago in November, you would've accumulated between 1.3 and 2.3 BTC, putting you somewhere between -35% and +15%, which I admit doesn't look so bright any more. In all fairness though, we might see higher prices again soon, and right now everyone would sell their grandma just to get a chance to buy at last year's April bubble peak again ... *shrugs*


Title: Re: Im poor as it gets
Post by: Gervais on August 25, 2014, 01:06:27 PM
If I invested when BTC was 1000 like a lot of other people did, I would be fucked as we speak.

True. But if you had constantly bought 100$ worth of BTC/month over the past year, where would you be then with your investment?

You wouldn't be "fucked". All you would need to do was hold the coins and hope that they recover and go above and beyond, which I believe they will do.


Title: Re: Im poor as it gets
Post by: Yeezus on August 25, 2014, 01:09:01 PM
Op, you seem to be on the wrong website. Have all you signed up for is to complain? You either believe in bitcoin or you don't. Either try make some coins or inverst in them or don't. It seems to me like you're just trying to troll for reactions here.


Title: Re: Im poor as it gets
Post by: Hash Master on August 25, 2014, 02:30:11 PM
Bitcoin is cool, but unless you have a million or two to invest in some hardcore hardware, I don't see how you will get rich. From that point is "rich people getting richer".

Bitcoin is a passion, so maybe you should put some skills to work and leave the passion aside. Most people here have 9 to 5 job and if some of them are on profit, that's just a small addition to the money they make with their skills and no bitcoin mining hardware.

Either way, sorry to hear you're not doing well man. It could happen to anyone. Good luck getting back on your feet again


Title: Re: Im poor as it gets
Post by: routecrypto on August 25, 2014, 03:10:18 PM
You could earn some coins posting in the letstalkbitcoin forum, they will pay you for writing articles, listening podcasts etc


Title: Re: Im poor as it gets
Post by: Mightycoin on August 25, 2014, 05:40:42 PM
Bitcoin is cool, but unless you have a million or two to invest in some hardcore hardware, I don't see how you will get rich. From that point is "rich people getting richer".

Bitcoin is a passion, so maybe you should put some skills to work and leave the passion aside. Most people here have 9 to 5 job and if some of them are on profit, that's just a small addition to the money they make with their skills and no bitcoin mining hardware.

Either way, sorry to hear you're not doing well man. It could happen to anyone. Good luck getting back on your feet again
I wouldn't agree that to start up with bitcoin you must have a million or two,there are many people every now and then who started low and from scratch and got successful.Bet is you have patience and a bit of mind to play around this BTC thingy


Title: Re: Im poor as it gets
Post by: Testing123 on August 25, 2014, 05:56:01 PM
Bitcoin is a currency or an asset depending on your viewpoints, and there is no way you can get some easy free bitcoin.
You can join a sig campaign and get some bitcoin for posting, but don't expect to get rich.


Title: Re: Im poor as it gets
Post by: ChuckBuck on August 25, 2014, 05:56:50 PM
The problem with the poster's point of view is, he's strictly looking at Bitcoin as a Get Rich Scheme, not as a burgeoning technology that can also benefit you financially.

As with anything in life, only invest what you're willing to lose.  Nothing is guaranteed, especially in Tech.

As far as trying to earn Bitcoins without a million dollar bankroll, faucets is something you could've done in 2011-12 to earn BTC.  Nowadays, it's not worth it.  Mining isn't worth it either, difficulty is too high.

Best bet is to provide goods and services with BTC as a payment method.  Sell things, offer to do things, provide some sort of valuable service and get paid in Bitcoin doing it.  Only thing you can do, if you're broke.


Title: Re: Im poor as it gets
Post by: Testing123 on August 25, 2014, 06:07:22 PM
The problem with the poster's point of view is, he's strictly looking at Bitcoin as a Get Rich Scheme, not as a burgeoning technology that can also benefit you financially.

Sadly, I have personally met dozens of people in real life thinking bitcoin is a get rich quick scheme. :(


Title: Re: Im poor as it gets
Post by: commandrix on August 25, 2014, 11:48:40 PM
Spend all of your spare time doing jobs for people for Bitcoin. Well, maybe not all your spare time, but enough of it so that you can get to the point where you aren't living paycheck to paycheck. So make a list of your skills, post them in the Services subforum (https://bitcointalk.org/index.php?board=52.0), and maybe somebody will hire you to do jobs for them and pay you in Bitcoin.


Title: Re: Im poor as it gets
Post by: tripppn on August 26, 2014, 12:11:03 AM
Keep an eye on the ANN threads and look for free distribution coins.  Usually you have to put something in your sig but they will give you free coins which you can sell for BTC.  I've made prob .2 btc doing this with a couple of different coins.

https://bitcointalk.org/index.php?board=159.0

Also get your member rank up by posting in threads and sign up for a sig campaign.



Title: Re: Im poor as it gets
Post by: cookiemonsterwhat on August 26, 2014, 02:13:51 AM
You can always make extra cash on the side of flipping stuff, or doing something extra.

And use that money to buy btc.


Title: Re: Im poor as it gets
Post by: notlist3d on August 26, 2014, 02:58:36 AM
How in hell im supossed to get BTC if im going from bill to bill? I dont have any spare BTC, faucets are jokes, and I cant risk my savings into BTC (small savings anyway).

This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.

Selling goods or services.  BTC is a form of money.  You have to do something for it buy/mine are most common.  But selling goods or services are your best bet of no extra cash.

Or there are signature campaigns to once you have been around a while.  Can start with a older miner for fun to learn.


Title: Re: Im poor as it gets
Post by: DodoriousMaximus on August 26, 2014, 11:44:44 AM
Similar situation here  :'( :'(


Title: Re: Im poor as it gets
Post by: Xenb on August 26, 2014, 11:50:36 AM
You have to do extra jobs, that's the only way, you can't get It for free. For example offer something that you are good at on the internet and have more knowledge than others or just work in real life and do some extra jobs and buy BTC for what you earned.


Title: Re: Im poor as it gets
Post by: Jesu on August 26, 2014, 11:51:53 AM
Similar situation here  :'( :'(

Then read the replies to this thread from others as there is some good advice in here. Remember, if you want something you have to work for it as money usually just doesn't come for free. Put in the work and use your brain and you'll likely be rewarded.


Title: Re: Im poor as it gets
Post by: littlewizard on August 29, 2014, 12:48:18 AM
How in hell im supossed to get BTC if im going from bill to bill? I dont have any spare BTC, faucets are jokes, and I cant risk my savings into BTC (small savings anyway).

This is what 99% of people i've talked about conclude with, so they end up ignoring the whole BTC thing, since their (our) life will go on the same as it is now.

Don't know what to say, majority always have tendency not to accept new things, while once the majority realize its value, it is too late..
Everything is fair, chance are left for the brave people
Just remember, never invest more than you can afford.


Title: Re: Im poor as it gets
Post by: yunkie on August 29, 2014, 12:18:06 PM
Poor crew checking in, cant get any btc.