When the bitcoin price is not stable, the salary will be based on the US dollar. You can get bitcoin based on its dollar price.
That is a way to solve that problem but if you are going to do that then, why will you accept bitcoin in the first place? Wouldn’t be better to accept dollars instead of bitcoins? Exactly as it is. Why bother to receive bitcoin if in the first place it was just a converted one and you will just used it quick once you receive it. Earned bitcoin salary in those bitcoin works and work in the real world to earn fiat. That way bitcoin are just saved. i guess there's exist an individual that fulfill his needs through bitcoin and pay everything with bitcoin or if it wasn't reached this stage yet,they're probably want to live in that way so they want to receive bitcoin as their salary In my mind there is no doubt that a person like that exists, but for the rest of the people that want convenience that lifestyle is not appropriate for them. People who cannot spend their coins directly will never prefer to accept salary in bitcoins as they need to convert their bitcoin to fiat first and every time they need to pay the fees which won't be profitable. |
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I spend bitcoin in my real life but for limited stuffs only since not much merchant accepted bitcoin yet. It'll be much interesting if I could use bitcoin to buy my daily necessity. And I am sure in the near future the number of offline merchants that accept bitcoin as an alternative payment will increase.
Not much merchant accepting bitcoins in most of the countries and same with mine as well but still i am able to use bitcoins in the online world which is a part of our daily life doing online shopping and paying bills are the things i used to do with my bitcoins. If you cannot spend them directly then you can convert it to fiat and then spend and if you want to avoid conversion fees then you can start using bitcoin debit or credit card for shopping. Then you won't be spending it directly anyway, The main topic is about physical locations taking bitcoins... I guess that's the main difficulty since not many physical locations taking BTC. So if there is no place to spend them directly so we should not spend them with other options that we have? On one hand everyone wants to see higher price of bitcoin and on other hand no one is willing to spend their coins, in that case how will price go higher? |
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Gambling is not an investment or a method to earn BTC imo since it's just random playing and can result in losses as well as profits and not like trading with an edge but the opposite with an edge against the player... Get paid to sites are profitable if you are in the US but faucets are rarely giving any decent profit.
Gambling is surely not an place to earn bitcoins but its a place to loose bitcoins and it is the most risky way to depend on earning bitcoins, if you are a safe player then best choice for you is signature campaign. |
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I started to use it one year back as I was looking for some passive income from as my salary was not taking best care of my expenses and then I came across through bitcoin and this forum.
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What is Max amount of btc you owned once, and where did you spent these?
I only have 0.5 bitcoin, and then I use the money only for trading purposes. Bitcoin and only use a few times to buy phone credits. Hehe Im not the rich man. 0.5 btc is not too small amount to consider, in fact I believe that its an perfect capital to invest in altcoin trading as you can make descent profits from it if you have invested in a right coin. |
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Right now,actually i am only doing gambling with my bitcoins because i dont understand where else i can invest my bitcoins.I dont want to gamble but i am not finding any other good investing options and so i go for gambling again which is causing me losses only at this time.
When you are not having any idea what to do with your bitcoin it would be better just staying calm with your bitcoin without doing anything. Instead of doing wrong things, staying calm must be thousand times better IMHO. Gambling will disappear all your bitcoin in quick time, at the same time I will not suggest to invest somewhere as all the investments are coming with potential risks. keeping bitcoin for saving and not thinking about any other investment also a right decision respect to bitcoin price appreciations in future. But investing will get you chances to have more amount of bitcoin than what you will be having right now. But, I too agree no investment is complete free from risks. Yeah every investment will involve certain level of risk but to earn good profits in future sometimes we need to take that as only saving will never allow us our money to grow in long run. |
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Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls? thinking of setting up something regular to ride out the waves.....  I buy Bitcoin when the price is low because the value of the Bitcoin only gets higher so I buy when it is as low as possible. I also need to have the money because these Bitcoin can still be expensive. The fact is we would never come to know that which is the lowest price of bitcoins and that is bit confusing as price keeps on changing every now and then so its hard to arrive at perfect conclusion. |
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I guess we will see everything fall and bitcoin rise  I dont think it will drop below 400 in the next 8 months. It is not smart to sell everything at once because the value of the Bitcoin can always go up again, that means that you still can make more money. But if you have just sold them all then it is not possible, you should always save some instead. Yeah if you save some of them then in future you still have an opportunity to make good profits when price goes higher so its always good to sell them in small parts instead of selling altogether. |
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I think that the best way fot this, a steady income over time, is buying in the all time low, and then wait for a long time or you can do some trading with cryptos.
You need to take a job if you want a steady income because Bitcoin is everything accept steady for me, there have been times when I made much money and times when I made no money. Bitcoin is not steady and that is why I do not really on Bitcoin. That's right there is no fixed income in bitcoins and that is the most risky part of it, sometimes you may earn huge and sometimes may be left with nothing in hands, so its better to have full time job for steady income. |
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there are few cafes shops in the uk thats accepts coin and i somehow spend some have you your experience ? and how did you feel? when i was sending coin peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
I do not really spend Bitcoin in real life because I think that that is not the smartest thing that you can do if you want to make money. I am using Bitcoin so that I can make some extra money, if I am going to spend then it will not be possible. If its an investment for you then its better to hold them for the future, but if everyone will start holding them without spending then it will not take price higher in future and will affect the economy. |
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In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
I personally wouldn't mind my wages being paid in Bitcoin, since they'd be easily transactable and fairly liquid, and could be a good investment for whatever I wouldn't have to use immediately. I would maybe prefer for 3/4 of my wages to be paid in fiat and the remainder to be paid in Bitcoin, because that way I can be sure that I'll have money to over my expenses and still have a portion paid in Bitcoin. Maybe if the employer offers some insurance against swings in the market, I can see something like this working. Lots of peopel dont want to earn there salary into tbitcoins and i know whwat they mean because you dont want to earn bitcoins as salary we just want dollars instead of that stupid coin. Its not an stupid coin and if you feel so then why are you wasting your time behind it? Bitcoin is the most innovative currency we have and in future everyone will prefer to get salary in bitcoins. |
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I do not have any plans on getting rich with Bitcoin because I do not think that it is going to happen and that is why I do not want t get my hopes up.
I am just here to make some extra money and I am fine with the way it is going now.
Yes bitcoin is an extra income for us so we cannot think of getting rich with the part time income as we are not earning too high from it and may be it will be treated as a part time income till the end. |
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Topic title says it all. What would you do?
Then I would quit with Bitcoin because then I would have no reason to stay and keep using Bitcoin, I would go find something else to make money with. I would not start from 0 again because that takes to long. Yeah it would be hard to start from 0 again as it will require lot of efforts and the fact is that after loosing a big amount you would be disappointed and won't show any interest in earning it again. |
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I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
for the one millionth time, gambling is not an investment and you or anybody else is not going to make money from gambling. but to answer your question, if you don't really know what to do with your bitcoins just save them in a cold storage and wait for the price rise. anything else and you will lose money. Investing IS gambling....DUH I would sell them all right away and buy myself a new motorcycle because I want a new one really bad. I know that it wouldf be better to hold on to them but not right now. After I have a new motorcycle then I will hold on to them again. if you are really afraid to lose it and do not want to take any risks, so it's better that be something valuable goods such as motorcycle. but if you have thought to be richer, I think 10 BTC substantial capital to grow on the trade and can get a lot of advantages. Yeah its good to invest them in trading as 10 btc is a good amount to start trading with and you can expect good profits even from a small fluctuation. |
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I only have one bitcoin worth of investments that's all at the moment as we were a bit hard up over the last few months and I have a few digital currencies as well, one mainly at the moment for long term investing.
1 btc is a good amount to have but not the best one, as 1 btc won't give you the highest profits or make your rich as we are not sure what will be the price in future so it would be better if you manage to have some more coins. |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. Trading is other thing but here OP is trying to know about the reliability of bitcoin and for him I will say that yes he can trust on bitcoin for more longer bitcoin is a reliable currency and not only for 1 year but he can keep his coin for even more longer and the more OP will wait the more he will get the chance of profit. Yeah as a users of bitcoin we should have faith in its potential and credibility, and price will rise in long run so its a good decision to buy 1 btc and save it for future. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
It is investments i think, but these days investing is also pretty risky, if you will invest avoid gambling sites, or at least new gambling sites, as you might get scammed Investing in the normal market is definitely quite risky, especially when you consider how over-valued everything is in the market. Chances are we are on the verge of a massive collapse, since we never fixed anything from 2008, and so it is likely there is a lot of money going to be lost very soon. Bitcoin investments might be a bit safer, but we still have yet to see. Even investing in bitcoin can be risky if price doesn't goes higher in future, then we need to either hold them for really long time or we need to sell them at loss if we need money desperately. |
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There is no legit place to invest bitcoins at a moment, so I am simply buying them and holding them for future and sometimes I invest few of them in altcoin trading to make quick profits.
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I am not investing bitcoin anywhere at a moment as I think it is very risky move to make but I am investing my fiat in buying bitcoins and saving them for future as bitcoin itself is an best investment.
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Jobless as well, fortunately some bitcoins are on the way  I'm jobless too because i'm a student so did not have any jobs yet, and this question is not for us as we only have one option to earn money which is with bitcoins so the question if we would leave our job for bitcoins does not apply on us. Ya right bro as a student you cannot think about it right now because for some one settle in his/her full time job in real life and getting a good money no one ever gonna do that to get full time on bitcoin,but who is earning nothing then bitcoin is the only hope. Even when you will have full time job in your hands its always good to accept salary in fiat and not in bitcoins as bitcoin cannot be used anywhere directly and after all you need to convert it to real money for spending. |
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