I earn about that posting banners from mellowads in my blog. Write about bboying (tutorials, etc.) and you may get an audience, put ads in your site and eventually, if you are a good blogger, you can earn that an more.

Just to post another option

I do not get it. All Bitcoin are valued the same, only that some people pay more for it.

Same happens with dollars or other currency when you buy it in another country. You can pay more or less depending or the trading shop you use, the bank you use, etc.

I think you have to move it a bit to make decent amounts. Just buying and holding can go well, but right now it is very stable.

Those who bought in the 600-1000 are long time already waiting for profiting from it.

As I understand it, profit will come from:

-Trading fees. If trading volume is high, it can be quite a bit.

-You hold the money of the users and can profit from that (investing in other things). Kinda like a bank. You do not need to hold all money from all users without touching it, just having enough for those who want to withdraw.

-withdrawal fees. Most sites have 50k satoshis fee or more to process withdraws.

-The ability to predict market tendencies better than anyone. Perhaps you can profit from that too.

All those things do not seem too much, and the investment is high. I guess it would take long to pay back, though.

Great service! I remember 8 months ago when I started in bitcoin, I was looking for a thing like this because I wanted my bitcoin earnings transformed on paypal.

Nowadays I prefer to hold bitcoin though 

I was going to say the same, coinurl. But there is another: adfoc.us it pays both in paypal and in bitcoin.

Both gold and orange are good. Considering that orange is good and gold is not so much distinctively better, it is best to remain the same.

Besides, there are several posts comparing bitcoin with gold, which is best and all that. It must be differenciated from gold

I remember reading "rich dad poor dad" a very interesting book indeed. But it invites people to be rich too much without even considering or mentioning that poor, more humble people are needed to make others rich.

Whenever someone pays you, say 10 $ to do something (business owner, investor etc.) he is doing so because he knows or expects that something is worth more than 10$. Usually much more. Getting rich many times is in some sense the "art" of paying someone less than he deserves to do something.

The doubling speed is directly proportional to the risk involved. You can gamble at 49% odds and double it in a second with a 51% risk, or buy cloud mining from a good company and earn 36% (roughly) a year, with less risk but still a very real risk of losing all... etc.

0 risk is working for it.

600 is too much in my view, but hope you are not mistaken.

However, I see few things that seem to sustain your claim....

Thanks for bringing the quote back.

I somewhat agree, if by no volume it refers to very low volume. I think that bitcoin may well be turned into a kind of investment only some use.

Well, will do just as you say, but not because I really believe in charts, but because it is likely that quite a lot of people trust you and start to buy, taking the price up.

Thanks!

One of the lies I have used on myself "At least I bought it cheaper than it is now, I am still on profits".


Until there is no profit anymore LOL.

I once exited Pos coins for thinking they were a ponzi. Then thought a bit more and came to almost the same conclusions as you: Bitcoin has ponzi-like features too (you will only get money from it if other people enter it after you), and then came to think the same about money (let's say you sell your potatoes for money, you will only get the potatoes back if other person after you enters the scheme).

And then still I thought that a ponzi always tells you that your investment will be rewarded by something (forex trading, greenforest, stamps etc), when in reality it is rewarded by the money of other investors, and came to the conclusion that no altcoin or money does that. Crypto does not promise a thing when it really does other, so it cannot be considered a ponzi in that sense.

I do not think banks have the intention to kill Bitcoin. It would probably be a war that will wear them out, and the outcome is uncertain. Trying to do that would make attention focus on Bitcoin and have just the opposite effect they are looking for.

Seems like there is not a clearly reliable way to do this.

Too bad. However it is always possible to exchange for fiat then buy bonds or stocks...

I did it once in localbitcoins.com. There were lots of quotes from people doing that.

I think that it will be take long for it to be used as regular money.

In fact, regular money took long to be used in its electronic version. I still know people that do not trust much on online bank transfers and payments. Due to Bitcoin being full online, well, it will take some time.

I am happy if it is a way to store value for some time.

It might be that china wants BTC price to rise and are pushing it through exchanges.

But as the people will go there to sell /arbitrage, price will surely go down.

The way to handle it would be to use several exchanges and send little by little. I do not think that high amount could be managed once at a time.