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Author Topic: Any other way to earn Bitcoins  (Read 1160 times)
sipredrica (OP)
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June 28, 2015, 05:09:29 AM
 #1

There seems to be only a few ways to be able to earn Bitcoin and other types of ecoins.

The first is mining and for the most part this is going to be a waste of time as it takes so long to mine just one coin and depending on coin type may take some very high priced equipment to even get started.

The second is selling items and accepting payment in one of the coin types. This does work although there are still not that many people who want to pay that way.

The third way is to use faucets. There are many types of faucets and you can earn while playing games, donating computer time, or doing any number of other tasks.

There are literally hundreds of websites that you can go to and get coins of different types while just having fun.

You also will need to have a wallet to store your coins in. You can get one for free. Just search for your coins name and add wallet to the end and you can find plenty of free places to go to. Be sure and check the security.

I do not think you will get rich by doing this but you can pick up some extra cash. This is really good for low paid people.

Right now one Bitcoin is $200+ and the other coins are all different values.

Is there any other way to earn bitcoins.

Lost Reputation upto 0.25 Btc from tomatocage .  .
nururochac
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June 28, 2015, 05:13:49 AM
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It's always funny when I see Cryptocurrency threads on the forum.
Think about it. Cryptocurrency is a form of digital currency, that is only accepted at specific places.
Why would you build your business around a form of money that you can't use without jumping through hoops or selling at a low-ball price? It's asinine!
It's like living in the United States, and being paid in Chinese Yen. Why?!?
sipredrica (OP)
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June 28, 2015, 05:17:25 AM
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It's always funny when I see Cryptocurrency threads on the forum.
Think about it. Cryptocurrency is a form of digital currency, that is only accepted at specific places.
Why would you build your business around a form of money that you can't use without jumping through hoops or selling at a low-ball price? It's asinine!
It's like living in the United States, and being paid in Chinese Yen. Why?!?

I was very heavily involved with cryptocurrency up until about 8 months ago. Not so much Bitcoin, but mainly the others (altcoins.) These markets were easily manipulatable with even a small amount of capital (less than $1,000) and there were a few nights in particular where I tripled my investment. Great times.
Anyhow.... points 1 and 3 are worthless. The cost of electricity to mine is more than the yield, and faucets are not worth your time as you could make more money picking up pennies at your local mall.
Funny that you didn't mention the easiest way to get it - buying it from an exchange.
As far as Bitcoin as an investment goes - it will not go to 0 (there is a niche market for it and it has its uses), but it's certainly very volatile and not something I'd want to hold onto when I can easily put my money into the stock market.

Lost Reputation upto 0.25 Btc from tomatocage .  .
erpbridge
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June 28, 2015, 05:35:06 AM
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The 4th way is using your real life skills to earn you coins. Bitcoins is essentially just money , and just how you earn money in real life can be used to earn bitcoin too. You can also use services that will let you convert your earnings or wages in real life to bitcoin .  Check out www.bitwage.co for that.
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June 28, 2015, 05:49:52 AM
 #5

Would be cool to have a bitcoin fiverr. 
bryant.coleman
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June 28, 2015, 06:13:04 AM
 #6

Try these methods:

1. Do altcoin mining, and convert the altcoins to BTC using an exchange.
2. If you are having a website or a blog, then publish advertisements from Coinurl to earn BTC.
3. Do freelancing in Elance.com or Freelancer.com, and then convert the earnings to BTC.
4. Purchase BTC in bulk, and sell them to small-scale buyers through Localbitcoins.
5. Invest in BTC ventures.
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June 28, 2015, 06:19:44 AM
 #7

Joystream:

https://bitcointalk.org/index.php?topic=1101697.0

franky1
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June 28, 2015, 06:22:52 AM
 #8

There seems to be only a few ways to be able to earn Bitcoin and other types of ecoins.

The first is mining and for the most part this is going to be a waste of time as it takes so long to mine just one coin and depending on coin type may take some very high priced equipment to even get started.

The second is selling items and accepting payment in one of the coin types. This does work although there are still not that many people who want to pay that way.

The third way is to use faucets. There are many types of faucets and you can earn while playing games, donating computer time, or doing any number of other tasks.

There are literally hundreds of websites that you can go to and get coins of different types while just having fun.

You also will need to have a wallet to store your coins in. You can get one for free. Just search for your coins name and add wallet to the end and you can find plenty of free places to go to. Be sure and check the security.

I do not think you will get rich by doing this but you can pick up some extra cash. This is really good for low paid people.

Right now one Bitcoin is $200+ and the other coins are all different values.

Is there any other way to earn bitcoins.

seems many people are obsessed with raping faucets... i will emphasis one of your listed ways to earn bitcoin that can make you alot of money
"The second is selling items and accepting payment in one of the coin types. This does work although there are still not that many people who want to pay that way."

you have no clue how many people are willing to buy things with bitcoin.. for instance i spend the equivalent of $50 worth of bitcoin on legit products per week. (thats normally more then what people pay for beer, toilet roll and cigarettes in fiat).

overstock for instance made $1mill+ on products sold via bitcoin in a year.

so try to avoid raping faucets at an average wage cost of under $1 an hour labour, and start making proper bitcoin profits that wont consume your time.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
lolita146
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June 28, 2015, 06:24:26 AM
 #9

I find emicoin effective in earning.
BillyBones
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June 28, 2015, 06:27:22 AM
 #10

As far as Bitcoin as an investment goes - it will not go to 0 (there is a niche market for it and it has its uses), but it's certainly very volatile and not something I'd want to hold onto when I can easily put my money into the stock market.
Volatile but tangible, share some of your experience with bitcoin where you face such very volatile conditions, you might be genius enough to handle the tips and trick into the stock market, but not others. Since bitcoin has been invented in the year 2008 and released it as open-source software in 2009, we have to wait at least a decade to see the enormous development and changes.
PenguinFire
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June 28, 2015, 06:30:35 AM
 #11

Try these methods:

1. Do altcoin mining, and convert the altcoins to BTC using an exchange.
2. If you are having a website or a blog, then publish advertisements from Coinurl to earn BTC.
3. Do freelancing in Elance.com or Freelancer.com, and then convert the earnings to BTC.
4. Purchase BTC in bulk, and sell them to small-scale buyers through Localbitcoins.
5. Invest in BTC ventures.


I will have to check into this suggestion.  I am not the OP but I have not heard of any of these two sites and you normally give good feedback.  Thank you.  Smiley

Kprawn
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June 28, 2015, 06:41:45 AM
 #12

I hear there are people going around buying second hand items. {Digital goods} and selling it online for Bitcoin. How many old games are just lying around in the house gathering dust? I bought 7 games from friends with fiat and sold it for a profit in Bitcoin.

Faucets is a nice gap filler, but you should not use it full time to get a income. I use the faucets linked to Xapo, and then wait until it accumulates to $5 and then transfer it to my wallet to pay for my transaction fees. {This way you do not accumulate dust}

Whatever you do, just enjoy it... If it sounds too good to be true, it probably is.  Roll Eyes

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June 28, 2015, 06:44:48 AM
 #13

Would be cool to have a bitcoin fiverr. 

Thats actually a pretty good idea currently people just use the service section in this forum.

As regards other ways OP there is trading/sig campaigns/escrow just a few ideas.
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June 28, 2015, 07:26:55 AM
 #14

i want to add purchase and sell account

sell stuff for bitcoin

and the usual recommendation about signature campaign

also if you have free electricity you can attempt to mine and sell after 1 month your miner, then repeat, this to take profit fast and to prevent you in the future to have a worthless device in your house
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June 28, 2015, 07:48:19 AM
 #15

Use joinmarket to put your bitcoin holdings to work with a coinjoin yield generator.

[ANN] Joinmarket - Coinjoin that people will actually use

/r/joinmarket

BIT-Sharon
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June 28, 2015, 08:26:43 AM
 #16



The third way is to use faucets. There are many types of faucets and you can earn while playing games, donating computer time, or doing any number of other tasks.



this is a new saying, I think. Maybe Bitcoin would attends computer games more.
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June 28, 2015, 08:39:42 AM
 #17

...you can earn while playing games...

Sarutobi

I've spent more time than I'd like to admit throwing that little monkey around.

 Wink

H.W.Z
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June 28, 2015, 09:09:18 AM
 #18

earning interest from depositing bitcoin:https://bitcointalk.org/index.php?topic=774359.0
It is quite stable and have proven to be legit!

chennan
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June 28, 2015, 09:32:44 AM
 #19

...you can earn while playing games...

Sarutobi

I've spent more time than I'd like to admit throwing that little monkey around.

 Wink
bitplay launches two game for earning bitcoin, coin flapper, coin crush
https://play.google.com/store/apps/details?id=com.battledude.coinflapper
https://play.google.com/store/apps/details?id=com.battledude.coincrush

Herbert2020
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June 28, 2015, 12:03:58 PM
 #20

you can add these two:
the forth is buying bitcoin with cash and either use it as way of payment or holding it if you think it can make you profit.
the fifth is trading, you can trade bitcoin with dollar (fiat) and vise versa to earn profit this way. or trade bitcoin with altcoins.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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