I earn bitcoin by mining the other coins such as Ethereum, Decred or Siacoin. Then I sell them to get some bitcoins.
This a good way to earn profit,but i would not say it is "enormous" unless you have a really big mine,because if you have many mines active,you can make really good profit from converting altcoins to bitcoin,after you mine a lot of them. You have some altcoins to sell? because im interested to buy some small one's,to get some profit if they will get a huge raise  |
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you should use your bitcoins by trading altcoins and such to profit not just keeping them in your wallet, I do some trades sometimes
But I would never keep them in my wallet just like that.
Yes true once using bitcoin to trade is the best way to gain an advantage. If we know how would be very easy to double bitcoin from trading. im still wondering about getting more knowledge about some specific altcoin,because i know it is not so hard to make profit on them, if you are educted well about ,for example ethereum,then you would be possible to make a profit anyway. I think i will also try trading some of my btc into any altcoin,to have some of it,and if it will go up a lot,i will earn profit |
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I think we are failing low on the front of awareness and the fact is that we are in evolution phase. I relate this with topic with older days of social networking. When orkut was on the top of our bookmarks but nobody actually complained about time taking features of it but when facebook popped out with better user interface and advanced features orkut eventually collapsed. Let’s go back further, when people were living in barter cashless society in ancient period, money popped out as a effective medium and people started using it instead of barter system. Now when people are going towards digital cashless society with better forms of money they will eventually accept it. Each and every long term thing took time to settle.
Each generation is very open to accept new inventions. The more the new invention reduces the time and energy, the new invention is more welcomed. As you say down the line to 10 or 20 years later , the degital currency may rule the world. There is no surprise to this. We can exprect this to happen. for now we can imagine those invention but maybe it will happen in the future.. if someone can invented to decrease the power voltage of miners, If it will happen it will be most profitable miner if some one can create it . Yeah but i can predict that if we won't get lucky,the decrease of power voltage for miners will be achieved by some guy who want's to make big profit,and not share this way with anyone. Than we can actually remain slow on bitcoin mining,because this guy would not like to show other miner's how is he getting that big profits out of mining bitcoin,or other altcoin. Im still wondering,if nobody will invent anything like that,and every year btc mining gets less profitable,then what will be the time to get 1 confirmation ,in let's say 2030? |
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I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
Thats right buying in cheaper price is the best thing to do if bitcoin drop to 1$. but just like others say thats impossible to happen because the users of bitcoin are quite growing now. yes that is a fact that bitocin cannot drop to 1 USD. but perhaps it happen then i think its not a dropping of bitcoin. i think it will be end of bitcoin and at that stage no one will be willing to buy more and more bitcoin. they will lose their confident of buying bitcoins. Why would people lose their trust to the bitcoin,can you tell me some reason you can find out? Because i actually cannot,i mean it is always possible to lose trust to any assets,and it is happening sometimes to anything, but i dont think we may see that big coin dump,and event so scary for investors,that bitcoin will fall back to 1$. Also i would like to know why do you think that anybody would be willing to buy more bitcoins,you think that some other altcoin will take the market of btc? |
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I think the biggest problem is the price of bitcoin that always changed. It's not good for people who work on bitcoins and get salary with bitcoin,
I think this is not a big problem. but indeed bitcoin price fluctuations, because if stable will be boring and it is a great advantage of changes in the price of bitcoin. Well Safari88,i like that you have found stable price on any asset "boring"  It is probably because of bitcoin,this currency is just so fast and has such a great price fluctuations,that everybody who is in the phenomenon of bitcoin,will be bored by other currencies or assets,because they are safe,slow which may mean also "boring" anyone volatility attracts small players,and safe ( stable price of an asset ) attracts big whales. |
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When we long for its existence now, certainly we expect BTC to be alive in future as now. Everyone would agree to this. I want the BTC to be there. This is like an employer form me. The forum is a place where we work and earn for the same. We do save the money paid as per the signature campaign. I expect the BTC to live as long as it is.
Every bitcoin user wish that the bitcoin should never have an end, it should be bright always. It is the place where we earn peacefully and at the same time get paid for our works. yes,but im sure that many people dont want that btc will have a future,you may ask why? because banks,governments etc.hate bitcoin,because it is not controlled by anyone! but i think these people are very little in number. they cannot create any problem for the bitcoin. i think the future of bitcoin is very bright and fantastic. you can see that even halving the price of bitcoin is stable and not a serious fluctuation. so that is a good sign for the bright future of bitcoin. What do you think why brazil they are already have 150 stores accepting bitcoin as payment? because bitcoin is now legal there and i think it will happen to here in my country.. its possible to all countries.. just study first how bitcoin works so that they know.. I actually cannot agree with you. All countries,are different.That means you cannot expect bitcoin will be legal at any place of the world,im pretty sure that there will be more than 2 countries where it will be forbidden to use bitcoin. It is because the nature of human does not change,and in countries where the goverment is actually a small group of people,ruling it (an elite), they will try to keep their power,by oppresing people. And they may see bitcoin as a threat. |
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I think that I would on to them because I can earn money with them if I sold them in the future.
I can also spend them right now but that would not earn me as much money.
i think i would hold it all too, thats the most intelligent thing to do right now as so much people expect a big growth in price, i hope these will not be just expectations I would be a little bit scared about price behaviour,for some reason. Of course everybody expects bitcoin to rise,and i do too,but im little bit afraid about bitcoin being used for some illegal activities,like selling drugs,weapons or other forbidden things. I know that bitcoin has bad reputation by most people,because for them,it is like a currency,which is being used only by a criminals. So goverment may want to ban it because of it,or at least controll it somehow. |
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i think if they really want to earn some bitcoins then i would just recommend young people playing flash games that award with small amounts of bitcoins that you could save up for the future
There are some games like this? i have never heard about any,except leet.gg which is site where you play counter strike global offensive,and minecraft ( you can choose ) and every win or game ( i dont really remember ) you get some satoshi. However servers there are always empty,but i have never played minecraft with leet.gg,for some reason i dont like this game,seems like a waste of time for me. Anyway probably child can play cs:go but it is hard to make at least some low amount of satoshi's without deposit and knowledge,lol |
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This is my long term goal.
Right now, I'm earning, collecting and buying as much Bitcoin I can.
Also, part of this funds I will invest in my own online business.
So, I count on 2 things here.
I hope that price of Bitcoin will continue to increase and also hope that my online business will be successful.
If both things happen, I will make my living mostly on Bitcoin.
That is a nice plan. I'm also collecting and earnings bitcoins from signature campaign and some service right now and when i have many bitcoins i will do something like open a business about bitcoin. but to me that is not such a good idea. because there are some limitation that stop me from depending on bitcoin for living. for example the price of bitcoin is not fixed. what if it drop so much. the second i cannot do trading every where in bitcoin that is a issue. the third the govt yet not legalize the bitcoin so what will i do if they banned it and........... What do you mean that the government haven't legalized bitcoin yet? What country do you live in? Is bitcoin there banned or what? Because if it is not,you can earn without no problem with bitcoin,and even earn a living. If the governement have not banned bitcoin already,they wont probably do it any time,because it is getting big indeed,but the bitcoin is something new but it is pretty old,in terms of banishing it,because if they would find it harrasing or something,it would get forbidden long time ago i think. |
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Guys if you have a gambling problem then fix it. Get some help, no shame in it. Or would you rather just leave it untill you miserable and have nothing ? Learn about gambling responsibly and have someone watch you gambling to keep it under control. You can't let it get out of hand too much otherwise it will be too late for you.  So enjoy gambling but do it responsibly ! Hmm,i think daffadile is right at this point,getting addicted from gambling is nothing to shame of,because every human has got some weakness,which may destroy us. But with help of other smart people with knowledge,we can get help to ourselves,to not keep our life in ruin because anything,and it is not really important if it is gambling,or drugs,or any other dangerous activity. Remember that family,and your best friends are more important than everything! |
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Well, making an income out of bitcoins is definitely possible, however it might not be suited to your financial situation at the moment. You'd have to accept all the volatility and stuff that comes with getting a job that is involved with bitcoins.
But I think that if you can just stick with your day job, but getting paid with BTC, then that would be alright.
Sharma,dont you think that it is better to work at full-time job in real life,and just treat bitcoin industry, as your second source of income? In my opinion it is the wise thing you can do,because it is not so great getting payed for your whole job in btc,because if it goes really high,you get not much bitcoin,which is a reason that you will get less money thanks to price fluctuation. However still i run my own company,but i also use bitcoin to get some additional profit every week. |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?
home internet and mobile internet goes down
do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
Let's say it will really happen,however i dont think that internet all across the world could get destroyed. The thing is that bitcoin is actually not physical,it is a bunch of code,number,and blocks and also people who trust this system,so they are willing to pay money for every bitcoin. If internet would dissapear,also transactions could not go through,because they are made by a web,and we cannot expect "face to face" transactions,if it is digital. Unless someone would predict it,and it would be possible to proove that you have bitcoin "with physical evidence"  |
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Unfortunately no way to pay bills from home here. I don't see internet, phone, water, gas, electricity companies, etc accepting Bitcoin so soon. Meanwhile I can just pay from home relying on third parties... Is there actually some country where they accept bitcoin payments everywhere? i mean it is obvious that not everybody "accepts" btc payments,but i mean that bigger companies which are providing gas,electricity and water probably dont feel like getting bitcoins instead of fiat currency. Lol i would like to pay for heating on internet with bitcoins i made online,it would be much easier,but it won't happen. Maybe in the future,after a long time we may see something close to it. |
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I am accepting NXT as my salary already. I created the website and got paid with NXT for example. oh wow, did you earn a lot of that crypto? i mean if its a salary then you should get a lot of it i guess, i would definitely accept bitcoins for my salary as it would be a great investment Yeah it would actually be a nice investment,but there is problem if you get your salary not with bitcoins,because it depends how many btc you get from current btc rate. That means if you get your salary let's say every week,you may lose some money because if you get it for example at friday,and at saturday bitcoins fells like 100$ then you lose your money,because you got less bitcoin for the higher rate. However i would still like to get it as btc |
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You can put E-sports betting,(DOTA 2), dice, and poker. Those are my three favorites, though i'm rarely playing dice nowadays.
I feel the same here,i mean i dont do much poker bets,but i really like betting my money at DOTA 2 teams ( sometimes other MOBA too ) and also at teams in CS:GO,usually i bet at ESL matches,for some reason i really enjoy watching them However i gamble more than that,i play dice a lot actually,i do some bets every day. I love plinko,i play it at bitvest.io : this game looks really funny,and it is a great relax for me hahaha :] |
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I used csgo diamond, a csgo skin dice site. I put in a referral code and got .5 diamonds! I got really lucky on dice, and was able to turn it into 11 diamonds and buy a 11 dollar skin!! SOO HYPED UP RN
Just a shout out to Legion Fame, I got this idea through his video
Yeah this site looks awesome,i have tried to play on it with the referral code which my friend have given to me, but i did all in for some reason,on 1,1x payout and lost all at first bet haha However my friend is still playing there,and he is very satisfied with it,made already pretty much profit there. He had no problems withdrawing,so i can actually recommend this site if someone want to try depositing anything there. |
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I have a great strategy i have been using on seuntije dice bot,i was doing it on primedice 3 but primedice 4 unluckily banned
dice bot for some reason,we need to solve captcha at logging in.
I was doing 0,1% chance (it is around 990x payout) with 1,0012 increase every lose,it works really great.
It is a good strategy if you have like 0,05-0,1 because you will suffer many losses in a row,but once it gets hit,it is a big amount of money.
However dont play this a lot,do it 2-3 times and it is enough,dont risk ttoo much.
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Hello ! Every other network marketing company requires you to pay some kind of money first before receiving payment. However we pay YOU.
We are looking for qualified participants.Please give me a call at (718) 433-6245
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I may be also interested about this offer,but i would like you to meet some requirements. First of all,i would like to contact you with skype/google hangouts/any other way you feel is ok,but not by a phone please,email is fine for me too. i would also like to know how many hours daily,you are saying about 150$ monthly at maximum,but knowing how many hours daily i need to work to get it,is a most important thing. Feel free to PM me. |
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Maybe try out in the lending board. You can lend it with an equal collateral. Get some good profit of that.
It is better if you are going to lend and you have the the favor in price for the collateral. Because that's how lenders are earning. They have more favor in the price of the collateral rather than the price they are lending. I like loans board,but we have to be serious: you wont make big profit fast having 100$ with loaning people. The problem is that even if collateral is worth more than the amount of btc that you loan to somebody,you need to first sell the collateral,and in most cases it will take some time to do it,it is not so easy always. And having 100$ and loaning is slow,because you can do 2-3 loans at maximum,so if you will need to sell,let's say 2 collateral's,it may slow up your profit,am i right? |
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I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin? Obviously escrow can be used, or people can pay upfront, whatever the case is. Bottom line, is this a good idea? You should try many ways to get them for bitcoin,before converting into fiat,i think there are some pages like this. However you can just make post's on forum somewhere,that you want to buy few games,just make one topic and tell us all the games that you want to have,im pretty sure that you will find many people who might sell them to you with bitcoin,just try it. anyway bitbaby is true,you may have problem with trust,but as he said too,you can use escrow service you avoid that problem. |
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