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On a serious note, put a few coins in cold storage for them. If BTC goes to the moon, hand them over when they reach 21.
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Using BTC you should buy; 1. A TV 2. A pack or two of condoms  |
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bit of a bugger if your a small fish...any chance of a prize for smaller scale, home miners?
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If retail do not adopt BTC then what the hell are you gonna spend your satoshi's on? Nothing, because they would not be accepted by anyone.
As for price correlation, this is simple supply and demand with more BTC spending going on then the new adopters whomm see retailers using the product will need to convert fiat to BTC. I believe the expanding demand would outstrip the already circulating, actually linited, BTC hence the medium to long term would push BTC prices up.
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People must use BTC as a transaction (spend) or the entire system freezes up with everyone holding. This would leave bugger all currency floating around, pushing the coins through the roof in price until nobody will swap them for goods because transactions are limited.
Moral of the situation, in order for the BTC economy to grow then a reasonable percentage of the BTC economy must be transacted.
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only risk what your prepared to loose. e.g. 10% of your asset base which means a rich guy could afford $10M if he had $100M but average Joe might only put forward $1k of his $10k of savings.
me personally, I have ~5% in BTC with a rolling plan of re-investment producing 250% BTC gains per year
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Stunna, has there been any thought given to the claim page displaying the last recorded 'post count' we have submitted that you have approved? e.g. When someone logs on to update their monthly post count, displaying last months approved post count would help - OR - could users input the current post count, add another field for 'off topics', then have your database use 'current post count - off topic - last post count = payout post count' Reason I ask is I am pretty sure you would be burning some time answering requests for last months post counts - I know I will probably need to ask again.  (sorry) |
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sig block update completed...bump for others to notice |
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he could just skim US$250k in fiat per year from his BTC accounts and no-one would ever notice.
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Heard of BTC in Q4 2010. Started mining in Q1 2011.
Have mined some coins but spent along the way - groceries, fuel, bills, etc...
Been supplementing my income through BTC for ~3years. It pays for hobbies and a few other bits and pieces.
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I am looking to commercialise a blog I run, topic is - cultivating creativity for authors/photographers. In 6 months it has grown to ~300 followers. About 5 years ago I developed a non-commercial blog on Electronic Warfare and grew readership from a starting base of 10 to 3000 in 6 months. I will be using that same growth technique and am looking to revive my older blog as well.
Can someone point me towards a starters guide on adsense and blog commercialisation? Just trying to cut through all the shit and the BTC community is great ta doing that..
First a rant: I have made over $30K off of adsense in the past 4 years but I think that it completely sucks. Most of my money came from a viral video that I created and got picked up by a lot of sites and YouTube itself. It seemed that once I became such a success with my anti New World Order / anti NSA video that they slowly shut me down one blog at a time. The best one was when they robbed me of income because I embedded a video with millions of views and got the ban hammer because they said I embedded a video that was in violation of copyright. Fine, but YouTube continued to allow the the violating video to remain on their servers. IMO if they want you gone, you are gone. I say all of this because your warfare blog may get shizzled like mine did. Controversy or going against the status quo can bring you hurt. Now why not say fuck adsense and go with a service that pays out in bitcoin? Try https://coinurl.comThnx for the feedback. I will look up the link. |
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I made around $18000 last year from adsense. It's pretty straight forward although they are very strict with your content, you can find 100's of articles online for starters, one think you'll learn along the way is that the less the better, a blog with 2 well placed ads can make 10x as much as a blog with 20 ads scattered everywhere.
The first google ad that loads on your site is the highest paying advertisement, then so on. So it really becomes a game of trial and error when starting out, if you have any specific questions feel free to pm me.
thnx for the feedback...will pm u in next 48 hrs |
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I am looking to commercialise a blog I run, topic is - cultivating creativity for authors/photographers. In 6 months it has grown to ~300 followers. About 5 years ago I developed a non-commercial blog on Electronic Warfare and grew readership from a starting base of 10 to 3000 in 6 months. I will be using that same growth technique and am looking to revive my older blog as well.
Can someone point me towards a starters guide on adsense and blog commercialisation? Just trying to cut through all the shit and the BTC community is great ta doing that..
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Large buys will come from large whales that hold heaps of BTC and be processed through private sales.
The two biggest, publicly known sources would have to be the recent US Govt sale of silk road confiscated coins and the Winklevoss twins stash.
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IMHO - we are more likely to see BTC supplement fiat and credit cards. The vast majority of the public are debt serfs and require credit to run their lives, paying interest to their masters.
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On the upside, once the general public is exposed to govt-crypto then the switch to a more independent crypto should be easier. Viva le BTC!
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link to report otherwise FUD
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Yes, it does rise over a year or two years not <6 months like you are probably hoping for.
Look to the $2 > $10 price rise, a 500% increase that took about 2 years to occur. Then it rapidly folded another 500% to $50 within another 6 months.
Still a lot better than stocks.
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I'm hoping that solar power becomes more affordable. Then power wouldn't be an issue.
Buy from a wholesaler for about US$0.50 per watt then self-install  |
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