You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.
Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign. To have passive income you must prepare into bitcoin in two strategy option of buying and holding because it was surely it can generate passive income on that. Just making sure you have extra effort of patient and exact time on monitoring the price value of bitcoin to have a perfect time in generating income. Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit. And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now. If you bought a Bitcoin for $6000 and sold it for $7000, consider $1000 a passive income... So I think holding worth much more than AltCoins passive income. We know the Crypto-Currency that get more value along the time is Bitcoin, then it's the best option to hold, invest and make deals (maybe one or another currency are good too, but not like Bitcoin). I would think twice before holding my money in AltCoins just to receive passive income from this POS feature as it's very probable the AltCoin's price will stay stable, increase only a bit or drop hard while BTC is skyrocketing... |
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There isn't any legit site paying 0.21% interest hourly. Next time look the rates, it's the easier way to find if a site is scam or not. However don't look only this, because there can be sites paying low interest daily and it doesn't mean they are legit. Also, don't believe on the informations you see on these sites, they can lie about everything: location, address, phone number, BTCs already paid...
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Casino ICO: You give your Bitcoins to the casino owner and he gives you "tokens". Somehow like you give me BTCs and I give you an AltCoin I created and that no one is interested.  Maybe not so bad like that as people will use the casino and it will generate profit, but keep in mind you won't have your Bitcoins anymore and the main interest of people in Crypto-Currency world is to hold Bitcoins, the most profitable currency. So I prefer traditional bankroll investments, always with BTCs, not exchaging it into another currency. |
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I have an idea for a website that will attract many visitors.
I will need to put a lot of effort to build it,
but then it will run (almost) by itself.
What will be the best way to convert it to some passive income?
Advertising? Affiliates? VIP registration?
How much should I expect to earn from it?
I think it will be the best choice to pursue your interests and I am sure with enough will power and hardwork you will succeed. I think his idea to build website is good because today many people is visiting website which have a good article. the point here is if the website can give a good content then it will get the first position in search engine. with the right keyword, that website will attract many visitors like he said. and if he can reach thousand visitor in a day then he can apply with google adsense but it will need high requirement to be approved. but its hard to say about how much we can earn from a website because its depend on how many visitor in a day and how many clicks that we can get. but in fact, google adsense could be the best choise for getting the ads revenue. Yes for sure a lot of the money can be earned through making the web sites and then we will have to make it popular as soon as possible. The income with the bitcoin is increasing now and the people who are the part of the bitcoin are being a part of the extra income. It is very important to have some skills related to the bitcoin and the internet because it is the time of the internet and the digital era so hold the skills and use it for your future. I think the main difficult here is to make it popular. If it was easy people wouldn't be creating faucets to give little rewards to have traffic on their sites... It's an interesting idea to write or hire people to write articles to put on the site, but keep in mind it's hard to compete with well established websites already like Cointelegraph and Bitcoin Magazine. A strategy would be to offer comission for people who makes other people click and view the articles (like Cointelegraph did once). |
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On the theory everything seems to work fine, but let's see on practice... Another currency offering better conditions for miners is a threat to Bitcoin on long term. If miners can make more profit with another currency I'm sure they will move on. Miners want to make profit and at same time users want to pay low fees. I believe to make it work perfectly on this case, the quantity is better than quality (expensive fees), so people can spend low transactions fees and miners enjoy the quantity of them, making profit this way.
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Because there is no need in banks if bitcoin will work all around the world. That's too scary for banks and governments. They cannot control it.
yes i agree on that because as what we all have seened bitcoin is really better than banking.we really gain a huge return in bitcoin while on banking we only make the owner of the bank rich because they make our money as there capital and they give as a verry small return.i believe bitcoin really is good than banking.i believe in the capacity of the bitcoin to continue grow on the next generation because it really helps. Yes, they are also scared that the users of the bank will go to bitcoin instead going to the bank so they will also lose customers who are using bitcoins now instead the bank. I think that bitcoin will go really high and it will make some banks scared. Banks control the supply of the money, they are in that chain. They are not create money, they are taking interest for putting money in circulation. They are scared because they don't control bitcoin distribution, they don't control price movement with other banks like they do now and in past. They need to be nervous, and I hope that we are near their crash. Banks had power to change the world, instead to change it in a good way banks today are responsible for poverty, wars, and many other bad things in this world. Before we didn't have alternative, we had only banks and their system, what ever they do we follow. Now when bitcoins are around they are very nervous because they know that people will turn to crypto and forget banks, how much evil they did to this world they deserve to be forgotten. And they don't hold our money. Banks make much profit by taking our money, making good investments and paying us only few percentes of total investment profit. Until some time ago they were being very successful doing that as people didn't have another options to invest their money, but now with Bitcoins we don't need the "middleman" anymore to make investments for us. We can deal directly with borrowers and we have access to profitable investments that we couldn't have access when using fiat. Also, we have access to other activities, like trading with Crypto-Currencies that are very profitable. |
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If you want passive income investment check casino bankroll investment or FreeBitco.in site investment. Both options you can withdraw anytime your money and you hit ROI instantly or fast. And in my opinion, what makes an investment here worth is to invest Bitcoins, to invest AltCoins can generate profit, but probably not in relation to BTC as its price increase much more than other virtual currencies.
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Because they are part of the financial system as we know. They aren't the typical Bitcoin user, they are happy with the currently way they make transactions and earn money, they are fine with the profit they make. If they adopt Bitcoin some people won't like it... And they might suffer retaliations from financial system, the banks. I believe it's a worthless battle to fight for now for them.
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Bitcoin is really unstoppable. Bitcoin hits another highest price today which is around $6300. For sure it will continue to rise and by the end of the year expect over $8000 price of bitcoin.  Unstoppable in a way that it's price keeps on pumping. We do see a small correction happened now but the day you have posted look as the price is $6,300 but look today it's now on $7,342. It will not going to reach $8,000 soon but the possibility that price can be getting up to $10,000 before this year ends is a big possibility. We just have to keep on waiting for that moment as bitcoin is still pumping up to this moment and we can't tell on how it can be stopped. Yeah, I am just too excited to see how things will keep unfolding before the year ends! I am hopeful that Bitcoins' value will rise so much more before the year ends! I predict a huge increase, thus, I am not taking out any of my Bitcoins from my wallet. I will hold it. Its rise is unstoppable considering China's earlier pronouncement that it bans Bitcoins in their country. Look at Bitcoins' value now amidst no support from China. Its rise is attributable to its own features and business model, and is not dependent on any economy for growth and sustenance. So, what does it depend on to grow the value? The investor will decide the price of Bitcoin in future, but you have to know, the investor do not have power to fix the value of Bitcoin. They are easily to become the panic seller by the value of Bitcoin. Just a bloodbath or big breakdown still enough to make them dump the Bitcoin price. Bitcoin's value is depending HardForks.  If there are HardForks the price increases as people try to get maximum coins as possible to hold until they can claim their extra reward. Once it's done, the value tends to drop as people will cashout their profit and wait for the next opportunity. I believe we have until the HardFork's day to reach $8000, after this date the price will probably start decreasing a bit or a lot... |
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Why is it strange for you? Friends, couples and even friends like to play together at casinos. I have seen on the movies people going together to Las Vegas casinos to play. It seems very normal for me, it's like people who go to amusement parks, clubs together to have fun.
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It is not greediness to hold to bitcoin. Waiting for the right time to spend the money is another reason for holding on. Waiting for increase value in bitcoin is also one good reason...this is what I know of from the friends of my child. Holding on to my bitcoin is not being greedy but rather waiting for the right value to trade at the right time to fill my wants and needs.
Yes, holding you are thinking on a better future for you and for those you love and that you are a responsible person that don't waste money. We have the right to choose spending or holding without fear of retaliations from others. I believe greed is something that always end bad, like when you do anything for money, including illegal activities or when you can't control yourself like gambling too much. Bitcoin holding is the opposite, only give us benefits. |
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If there is profit opportunity, there will be investors. These ICOs are very profitable and some people are becoming experts on this theme. Most AltCoins are useless compared to other currencies and their descriptions are just empty words. I'm not sure if this hype will end soon, until there the rates will continue like now and the number of ICOs will continue like now as well.
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I agree with EXtremeAEX, it's like Communism, doesn't work.
There isn't problem with 'donations', but if people want to do this they will do with Bitcoin, Litecoin, Ethereum, Dollar, etc... What makes a currency's price increases are the big investors, usually people with more money to push up the price and if they discover their money is going to be taken to be distributed among other people they will surely try to find another AltCoin to invest.
And if this feature isn't a must it doesn't have a reason to exist as people can do charity anytime with any currency by themselves...
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Bitcoin is the original, all the other currencies are clones.
Take any original product and compare it with the clones, what is the best one?
Bitcoin built its reputation as main Crypto-Currency and I don't think it will change so fast, maybe in a distant future where a really superior currency can appear.
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Gambling isn't like drugs. Both can lead to addiction, but they are different adictions. When you gamble you aren't putting toxines inside your body to poison yourself, very different from drugs... I don't see any reason gambling should end in the world, it's a funny activity for many people and if some people can't deal with it, all the rest shouldn't pay for their mistakes. Drugs addicted like to compare their addiction to all other addictions as they were all the same.
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A big drop I don't know, but I expect some drop on the price, yes. It's a big possibility as people want to claim their extra money from the fork and cashout right after to check how much profit they have made. But keep an eye on it, nothing here is 100% sure to happen, if you see BTC price is falling after the fork I think it's a good idea to sell the BTCs and buy cheaper again in few days.
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Most faucets pay almost 1 cent hourly or in some cases you can find some faucets paying 2 cents hourly (but must claim all hour long if it's a 5, 10, 20, 30 minutes faucet...).
Now calculate how many hours you are able to spend daily on this task and how many faucets you are able to use hourly to find how much profit you are able to make. It's hard and boring these days because faucets are heavy with so many ads + mining in some cases and have short-links. To have a fixed income from it to live nowadays is worthless. I think it's better to use it only if the purpose is to save Bitcoins for the future as I believe BTC price will increase a lot yet.
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I think a high percentage of amazon customers opt for the free shipping option which can take 2+ weeks. Waiting for bitcoin to confirm, on top of a 2 week shipping time may not be that much of an inconvenience.
The "scaling problem" could be a good problem to have. One way of viewing it is: "bitcoin can't be used to buy a cup of coffee and isn't ready for a prime time, mainstream, role". The flipside of that might say that if bitcoin's network lacks the transactional volume to cover all transactions, retailers might expand their platform to include support for other crypto to fill the vacuum. One perspective is likely over-optimistic while the other is the opposite. The likely outcome could be somewhere inbetween the two.
Bitpay green lights transactions on the 1st confirmation which isn't too bad.
Amazon accepting bitcoin would be similar to an official endorsement. If the public sees amazon endorsing bitcoin while banker CEO's condemn bitcoin it will create a divide, a conflict of mainstream opinion as opposed to the typical unified front the media is often able to maintain. That could encourage the public to research and learn about crypto more rather than believe the mainstream media angle of it being a bubble, which could be a good thing even if transactions aren't instantaneous.
Thinking this way it makes sense. We are not talking about perishable food items that must be bought and consumed fast, we are talking about other products that don't have expiration date, so there isn't any problem in waiting some days or even weeks as you said to have the product sent. It's enough time to have the transaction finished paying a lower fee and if the transaction cancels because a very low fee reason, just cancel the package as well, it works fine. And a big business like this can really make more people start thinking about Bitcoin and its advantages. There are many people who use Amazon services, but don't know or don't have interest in BTCs yet, but after an adoption like that it's possible that these people change their minds and spread the word about Crypto-Currency. It's good especially to make more sellers adopt BTC. |
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Transaction fees can change along the time as Bitcoin is improved. Bitcoin isn't on its fully developed level yet, there are changes that could be done to make user's experience better and more positive. Bitcoin isn't the money of rich people only, it's the money of who wants to skip unfair fees and taxes, fast online transactions, de-bureaucracy. Anyway, poor people that only listen to their governments and live from social welfare will never use Bitcoins, as governments don't promote it...
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