The most working scheme for a newbie to earn some satoshis goes as following: 1) Go to faucets and STRAT TEARING THEM into pieces. I've been doing this for a few months already, and spent about 7 hours/day on that. In general, you can earn about 35.000-70.000 satoshi per hour (rewards vary from faucet to faucet). 2) On that very day, put all what you have earned in cloud mining. At first, the rewards will be miserable and will look not even worth it. Some time after, you will already be able to re-buy on that very day when you receive rewards from the cloud. 3) Do not forget to collect form the faucet as well. Some time after, you'll see more acceptable sums (about a month and a half would have passed already). 4) Repeat it constantly. 5)  6) PROFIT!!! Are you REALLY sure that you earned more from mining than you paid to invest there? There practically only exists cloud miners who are either complete scam or where you invest but over all the runtime would will not even get your investment back from the earnings. That's the point - when the difficulty rises, maintenance fees will become bigger and bigger related to the revenue, while your hashrate will become less and less effective. I was also experimenting with cloud mining, but after first difficulty change everything became clear. Hopefully i didn't invest any significant amount and was able to withdraw. |
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Wikipedia always has the answer for everything:
"(...) Any item or verifiable
record that fulfills these functions
can be considered money."
This makes the space for discussion, as there could be everyone's own perception of money term, to be described in this thread  |
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I think that 2016 would be the year of the alt coins. Especially Ethereum, which is getting pumped too much. Prices have been constantly increasing over the past hours over the majority of alts. So that means it is the season to make profits with alts! All I am doing now is selling most alt coins I had for BTC as its price has gone lower recently in contrast to the alts. If Chinese are getting into alts, then it is a good way to take advantage and go to the moon! Just my opinion.  I am afraid that pumping price to perform epic dump is not good thing for any coin. Perspective of easy and fast earning is tempting but: 1) you must have good timing to not miss the dump 2) after dump usually there is nothing left from the previous hype, so I would be more moderate with expectations about future of particular coin |
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Of course I don't mean BTC Casinos or similar things. I know you can earn but can lose there as well.
do some faucet rotator,i think it can earn 0.001-0.003 per hour,and wait for bitcoin price really good,i think someday that amount will equal with $1 of course you must stay on your computer all day long. this is the simple way,but taken your time,i just do signature campaign. faucet easy but need lot of effort, i think it's more good to earn at least $1 per hour signature campaign is little hard, lot of restriction and you must keep up the quality of your post I guess with the signature campaign or faucet earning no one can make $1 per hour. Only with the gambling or bitcoin trading you can make $1 per hour. But both of these are very much risky. It depends if we consider full-time work, or 1-2 hours sessions. It's really affordable to make 4-5 posts with higher member rank (that will give you 1$ and take less than hour), but 32-40 constructive posts/day? Not sure. |
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For me it's more like a gold: it has certain value, but I am not using BTC in daily basis transactions. Bitcoin has still long way to go to become everyday payment mean for masses.
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To believe in BTC price over 5000$, or in world-wide adoption by masses? If BTC would still cost about 300$ and be world's dominating mean of payment, could today's stakeholders say that this is win?  |
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This thread is a fail. How can we compare these two things? When using PP you are still dealing with fiat money, but deposited on virtual account. I can imagine system similar to paypal, where you could deposit bitcoins, instantly send to others and reverse transactions (maybe there is one already).
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As many people mentioned their problems here, my problem is somewhat different. I find it an issue to remember my wallet address as it's too long and a combination of numbers and letters. Unless I use a bitcoin bank like Xapo where I can
send to an email address, it isn't the same for external addresses.
Bank accounts numbers have ~26 digits and nobody raises this as a problem. Moreover, it prevents you from mistyping account number and sending money to wrong person. |
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Volatility - thing, that makes Bitcoin usefull as a trading/investing asset, makes it quite uneasy to use BTC as a payment method at same time. Every transaction has something in common with gambling, as you don't know if it's better to make deal today, tommorow or next week to get more satisfying price.
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Hello, I would like to enroll in your signature campaign: Your username and link to your Bitcoin Talk profile: vrm86 https://bitcointalk.org/index.php?action=profileCurrent member rank: Senior Member Current post count: 451 Your Bet King username/ID: vrm86/97953 |
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Get some referrals for your faucet earnings, use a faucet bot or try arbitrage trading and that might make you $1 or more per hour. Usually, arbitrage works for me but it doesn't always give you profit. You need to know which alt coin you are investing into and take the risk for possible earnings. Cheesy
Trading is risky method and not guaranteed, similar with gambling, especially if you haven't the enough needed experience about this domain, and without a working strategy Although having a faucet with a lot of active referrals could be profitable but need good budget in the beginning to advertise you ref link everywhere 1. I would not consider gambling as an earning method, due to the fact that in long run you will always loose. 2. Does anybody pay attention to the faucet reflinks yet? |
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This is only a sign of the powerlessness of the russian authorities, as the source of problems with Russia economy is in the fact, that it almost completely relies on the fossil fuels trading. As the Iran is coming back in to the business, Putin can only channel his frustration elsewhere.
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"Make BTC By Viewing Ads!!!
Make Bitcoin by viewing ada, from ten to thirty seconds,
Continue to Web Site"
Seriously? Was that an ad displayed by your host provider, or you?
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I will celebrate it by buying as much bitcoins I can before price rises  This could be the reason of price going up, when more and more people would think that way, not the lower reward from mining itself lol. Some kind of self-fulfilling prophecy |
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"Hurr durr computers equals hackers and criminals"
I wonder, how ignoramus like this guy, could get job as the chief-of-anything?
So, the citi banking system, that with no doubt relies almost only on huge computer system, can also be easily hacked?
Indeed, it can. Far easier than SHA-256 Blockchain.
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3. i didn't buy a lot of cheap btc in 2011 when i heard btc, this must be the biggest pity in my life. it was 5 usd in 2011
It looks that easy from the 2016 perspective. When I sold my 1BTC mined with HD6950 for 5$ in 2011 i was quite satisfied. |
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People don't want to spend their coins too easy and many are just keeping their coins.
Actually spending bitcoins has lot in common with speculation/gambling, when you are wondering if it would be better to do the deal tommorow or next week High volatility is the major problem with bitcoin adaptation as a tender. |
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Altcoins interests raise the BTC volume at the exchanges - that is the only relation I can find.
The opposite question would be more interesting: what would happen to altcoins if there will be no BTC tommorow ;]
Conclusion: Bitcoin itself still would be doing fine, as purposes of buying bitcoins are quite differentiated.
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I grow my bitcoin with a sig campaign and trading mostly.
Other things like faucets, or microtask take too much time for too less bitcoin.
signature campaign and trading is too mainstream and i was doing this way I better do the job from a person or seeking giveaway rather than playing on the faucet Whats the problem with methods you've mentioned? Mainstream means that there is to much competition, or you want to do something unique for your satisfaction? Are giveaways less mainstream? :p |
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Worst of all are influence of those main stream media with their filty talks about Bitcoin.
I'd rather say that world's major countries goverments announcements of upcoming/possible bans and regulations. But gossips in that matter are also still dangerous. |
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