Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: KingScorpio on August 05, 2018, 07:27:48 PM



Title: whats the point with bitcoin donations?
Post by: KingScorpio on August 05, 2018, 07:27:48 PM
i see many people accepting btc donations, on their project websites,

next to ethereum,

but bitcoin isn't donated nowadays at all its mainly just speculated with,

its mostley ethereum or waves plattform token that are being donated.

any statistics out there regarding "actual" bitcoin donations for cryptoprojects?

regards


Title: Re: whats the point with bitcoin donations?
Post by: franky1 on August 05, 2018, 07:42:51 PM
donations, even if you ignore the currency type. is a flawed income generation model.

even these mainstream news sites try to avoid putting up a 'paywall' but then do a donate request. they dont get much and thats from a national fiat currency.
donations of bitcoin in the past were much higher. but that was in the time where people didnt think it would surpass $20. now people are afraid to donate and even afraid to spend bitcoin because they feel if they donate/buy coffee this year, they could have used that exact amount of satoshis to 'buy a lambo' in 2 years.

if people want income. there are many other better ways to get it


Title: Re: whats the point with bitcoin donations?
Post by: jak3 on August 05, 2018, 07:46:34 PM
I don't think Bitcoin donations should be even considered as earning but I know that there is a world with a cruel business plan but anyways donations are meant to be a support for newbies because it encourages them and it shows them that Bitcoin really has a value and take and send it to gain something. I have also donated some of my cryptocurrencies at my starting time and it really increased a lot of people to learn more about cryptocurrency.


Title: Re: whats the point with bitcoin donations?
Post by: pixie85 on August 05, 2018, 07:54:19 PM
Because it's an option. Why bar yourself from potential free money? There's always a chance that somebody will find your site so useful that they will donate a couple dollars in Bitcoin and putting an address out there doesn't cost you anything. Money is money, I don't see why somebody would be willing to donate ETH but not BTC.


Title: Re: whats the point with bitcoin donations?
Post by: KingScorpio on August 06, 2018, 01:47:31 AM
donations, even if you ignore the currency type. is a flawed income generation model.

even these mainstream news sites try to avoid putting up a 'paywall' but then do a donate request. they dont get much and thats from a national fiat currency.
donations of bitcoin in the past were much higher. but that was in the time where people didnt think it would surpass $20. now people are afraid to donate and even afraid to spend bitcoin because they feel if they donate/buy coffee this year, they could have used that exact amount of satoshis to 'buy a lambo' in 2 years.

if people want income. there are many other better ways to get it

this is about supporting cryptoprojects in general

bitcoins deflationary behavior, isnt good at all, and it will damage it.

main problem currently are the gambling banksters, only they can make bitcoin worth a lambo


Title: Re: whats the point with bitcoin donations?
Post by: KingScorpio on August 06, 2018, 01:51:21 AM
While it's not about cryptocurrency/cryptography project, https://pineapplefund.org/ (https://pineapplefund.org/) is one of the most famous donation/charity which use Bitcoin.

Besides, there's nothing to lose by accepting Bitcoin donation even if barely any people who would do it.

there is

by accepting altcoin donations they give value to the altcoins,

i have seen so far some websites that take ETH and Waves donations but not bitcoin since they dont get any bitcoin donations anymore like it was more likely in the past


Title: Re: whats the point with bitcoin donations?
Post by: bloodyvio on August 06, 2018, 02:48:56 AM
i think because bitcoin is more suitable for investment than for donations
rather than donating people prefer to hold their bitcoin
so i think it's better to donate using other altcoins because the altcoin price is more stable
because we believe in the future of bitcoin


Title: Re: whats the point with bitcoin donations?
Post by: pooya87 on August 06, 2018, 03:02:53 AM
these days people have a lot of useless shitcoins in their wallets like ethereum so they can throw them away much easier than throwing away the valuable bitcoin that is why they donate ethereum, dogecoin,... more than they donate bitcoin. they want to keep the valuable and give away the useless ;)


Title: Re: whats the point with bitcoin donations?
Post by: ambisyon on August 06, 2018, 03:19:33 AM
In my views, I don't think people would donate their btc nowadays since this is a valuable coin that may shoot up one day at a very promising increase. People would perhaps be donating altcoins instead of btc since altcoins had only a very slow growth compared to btc that they can just easily spend.


Title: Re: whats the point with bitcoin donations?
Post by: bp.comp69 on August 06, 2018, 03:33:03 AM
i see many people accepting btc donations, on their project websites,

next to ethereum,

but bitcoin isn't donated nowadays at all its mainly just speculated with,

its mostley ethereum or waves plattform token that are being donated.

any statistics out there regarding "actual" bitcoin donations for cryptoprojects?

regards

I don't think that Bitcoin donations should be considered income, but as far as I know there is a world with a hard business plan, but donations are intended to support beginners because they encourage them and that shows them that Bitcoin really has value and something.


Title: Re: whats the point with bitcoin donations?
Post by: btcluisdiki on August 06, 2018, 03:36:36 AM
In the current situation, I believe that btc is a very promising cryptocurrency that people has to value more than the altcoins because it will continue to further grow and certainly not a cryptocurrency that should be donated instead people are holding it for good. For those investors of alternative coins, they will have to donate those coins they think that has a very low chance to improve in it's market value.


Title: Re: whats the point with bitcoin donations?
Post by: mk4 on August 06, 2018, 03:45:42 AM
What do you mean? Pretty much every cryptocurrency that's in existence today is mostly speculation. Bitcoin is still most likely the most donated coin, as most sites that accepts donations in crypto accepts bitcoin only and bitcoin still has the most adoption, even compared to all the other cryptocurrencies combined.


Title: Re: whats the point with bitcoin donations?
Post by: kauban2018 on August 06, 2018, 03:46:47 AM
Donating points of Bitcoin means sharing what they have to others but doing it for others is something new and depend to someone who gave and share. Maybe they share because they knew that person and they also want to help in order for them to earn also. They want that his/her friend experience what they also experience. What matter most is that all the blessigs they have shared are comes from their heart.


Title: Re: whats the point with bitcoin donations?
Post by: KingScorpio on August 06, 2018, 04:35:13 AM
these days people have a lot of useless shitcoins in their wallets like ethereum so they can throw them away much easier than throwing away the valuable bitcoin that is why they donate ethereum, dogecoin,... more than they donate bitcoin. they want to keep the valuable and give away the useless ;)

i think its just a matter of time, till the public will take the bitcoin sect to justice.

when the us dollar dies, people wont calculate their contracts in bitcoins, or their work, like they did with us dollar,

then altcoins will have completely different evaluation,

it will be then an important moment, when the pow nonsense starts to disappear again


Title: Re: whats the point with bitcoin donations?
Post by: Kakmakr on August 06, 2018, 06:22:26 AM
Donations are closely linked to the Bitcoin price. You will see as soon as the Bitcoin price increase, sites will switch or add Bitcoin donations, because people are more likely to donate something that increased in value. The volatility in some of these Alt coins is much higher than with Bitcoin, so when speculators in Alt coins double or triple their coins value, they would be more willing to donate some.  ::)

People who make good profits, like to Pay it forward. <Look at what Bill Gates are doing with his foundation. His money is coming in so fast, he cannot even give it away fast enough.  ::)>


Title: Re: whats the point with bitcoin donations?
Post by: ordeath on August 06, 2018, 09:35:16 AM
Bitcoin donations are the same way as any other donations, accepted only in the purpose of raising money for the thing that you are contributing in the Global welfare, or just some useful tips that you are giving, whatever you are doing well.


Title: Re: whats the point with bitcoin donations?
Post by: shelemiah31 on August 25, 2018, 01:20:56 AM
Bitcoin donation is used for poor people who cannot afford to buy bitcoin.It is a good thing to hear this.Thank you for those people who are willing to share their bitcoins.Keep it up!


Title: Re: whats the point with bitcoin donations?
Post by: bellator66 on August 25, 2018, 01:27:48 AM
I have also donated some of my cryptocurrency in my early days and that really increased many people to learn more about cryptocurrency. I don't think that Bitcoin donations should be considered income, but I know that there is a world with cruel business plans, but donations are intended to support beginners because they encourage them and that shows them that Bitcoin really has value


Title: Re: whats the point with bitcoin donations?
Post by: Dogtanian on September 08, 2018, 01:06:32 PM
The same reason as any other donation. Not everyone just speculates with bitcoin either. I personally do hold more bitcoins than I spend, but I like to make a few purchases every now and again. I've never donated any bitcoins though, but that's because I rarely donate to anything, and I value my money.


Title: Re: whats the point with bitcoin donations?
Post by: Sutters Mill on September 08, 2018, 01:19:50 PM
What's the point of any donations? Many people do donate bitcoin. Just because you don't doesn't mean nobody else does. I think donating money in general is rare these days though, because most people don't want to give their hard earned cash (or coins) away, but I see a fair few youtubers with crypto addresses in their descriptions boxes and if you check the addresses oftentimes they will have been sent something. I think women tend to get more donations than men though (and that's usually the case with online donations), but fans of bitcoin do tend to show their appreciation of other people also accepting it and send some money their way. Even if no money is actually donated then I still think having the donation addresses there spreads awareness or interest so it's all good.


Title: Re: whats the point with bitcoin donations?
Post by: rapsa2018 on September 08, 2018, 01:37:13 PM
these days people have a lot of useless shitcoins in their wallets like ethereum so they can throw them away much easier than throwing away the valuable bitcoin that is why they donate ethereum, dogecoin,... more than they donate bitcoin. they want to keep the valuable and give away the useless ;)

I think this is also the reason for the massive fall of ethereum in today's many traders who are also affected because of the huge price dropped by ethereum today and 50% of their ethereum funds have been lost because of its price drop.


Title: Re: whats the point with bitcoin donations?
Post by: Kim Addington on September 08, 2018, 01:42:49 PM
If you are physically with someone, regular cash is usually best. But Bitcoin is easier than credit cards. (If you already have Bitcoin). You don't have to fill in forms or give your credit card to anyone.
You can avoid capital gains tax.


Title: Re: whats the point with bitcoin donations?
Post by: April Ford on September 08, 2018, 01:51:18 PM
 For regular Bitcoin users, donating money in bitcoin is incredibly easy. Much easier than donating using a CC or Paypal.
 Plus, many Bitcoin users are enthusiast enough about the cryptocurrency that the fact that a charity accepts Bitcoin will be an incentive to donate in itself. By donating bitcoin to a charity, you are both supporting the charity and supporting Bitcoin, and that's something many Bitcoin users are keen on.


Title: Re: whats the point with bitcoin donations?
Post by: LeGaulois on September 08, 2018, 03:06:41 PM
@KingScorpion
There are still people donating Bitcoin. At least I do. The fact that people donate only altcoins is because (I suppose) they agree to donate but they don't want to spend a lot with the fees. Despite the fact, the fees are pretty low. People are blocked to the time when it was costing a lot to sent BTC. This is also the main reason, projects started to accept altcoins.


Title: Re: whats the point with bitcoin donations?
Post by: billionaireSHS on September 09, 2018, 11:52:00 AM
I don't think so that there is a actual bitcoin donation, because as far as I know bitcoin is only for technology since it is a digital currency. So it means that cash is the best way to physically offering or donating but not bitcoin because it already converted into fiat.


Title: Re: whats the point with bitcoin donations?
Post by: Ava Duvall on September 10, 2018, 05:25:52 AM
i think because bitcoin is more suitable for investment than for donations
rather than donating people prefer to hold their bitcoin
so i think it's better to donate using other altcoins because the altcoin price is more stable
because we believe in the future of bitcoin
Of course believe in the future of bitcoin, most do. and you are right about altcoin- altcoin is better to donate while bitcoin is better for holding


Title: Re: whats the point with bitcoin donations?
Post by: vfrcbv911 on September 10, 2018, 05:27:38 AM
It seems to me there is no difference in what people are asking for donations. If it is convenient for people to receive donations in crypto - then why not?


Title: Re: whats the point with bitcoin donations?
Post by: Pursuer on September 10, 2018, 05:42:24 AM
i think because bitcoin is more suitable for investment than for donations
rather than donating people prefer to hold their bitcoin
so i think it's better to donate using other altcoins because the altcoin price is more stable
because we believe in the future of bitcoin
Of course believe in the future of bitcoin, most do. and you are right about altcoin- altcoin is better to donate while bitcoin is better for holding

and why do you think altcoins are better to donate?
for example when donating to a charity, they only accept USD, you can not go there and donate Zimbabwe currency! because they don't accept it and they don't want the headache of currency conversion. when it comes to altcoins it becomes even more complicated since they also have to be running a wallet for that altcoin to be able to receive donations which they won't because it will cost more to run it than they may even get donations in that altcoin.


Title: Re: whats the point with bitcoin donations?
Post by: Nathaniel_Jones on September 24, 2018, 08:27:05 AM
Bitcoin's contribution means sharing what they have with others but doing it for others is something new and depends on who has shared it. They want their friends to experience what they also experience.