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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459156 times)
tommorisonwebdesign
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October 05, 2015, 02:23:33 AM
 #481

I'm *trying* go to towards fulltime Bitcoin income but I still am not making enough to make ends meet. I hope once I get my loans site up I will begin making a commission from lenders.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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October 05, 2015, 06:02:50 AM
 #482

I'm *trying* go to towards fulltime Bitcoin income but I still am not making enough to make ends meet. I hope once I get my loans site up I will begin making a commission from lenders.

Good luck with that, there's a lot of bad blood toward any such thing because of how many scam there is and has been around such services or actually nearly everything, heh. I'm guessing for a basic living, it should not be that hard, considering that earning 0.1-0.3btc per day with side jobs and mining at home is pretty doable.


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October 05, 2015, 07:04:05 AM
 #483

I'm *trying* go to towards fulltime Bitcoin income but I still am not making enough to make ends meet. I hope once I get my loans site up I will begin making a commission from lenders.

Theoretically you will be depending on bitcoin lending. But I see many of my friends just quitting their regular job for bitcoin trading and faucets earning. They open trade in bitcoin, when they find waiting time they work on bigger reward faucets earning, and they do say they are making a living from bitcoins.

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October 05, 2015, 10:51:55 AM
 #484

I'm *trying* go to towards fulltime Bitcoin income but I still am not making enough to make ends meet. I hope once I get my loans site up I will begin making a commission from lenders.

Theoretically you will be depending on bitcoin lending. But I see many of my friends just quitting their regular job for bitcoin trading and faucets earning. They open trade in bitcoin, when they find waiting time they work on bigger reward faucets earning, and they do say they are making a living from bitcoins.

It really depends on your friends country minimum-avg wage.
Because i haven't seen any that has left his job for joining faucets.
You can't earn good amount of bitcoin by faucets, unless you own a big faucet.
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October 05, 2015, 01:24:06 PM
 #485

Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

I would not quit my day job to go full time on a bitcoin.  Having bitcoin for a full time job depends on a lot of things but it is another matter if you are doing the thing that you really like.
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October 05, 2015, 03:13:21 PM
 #486

Yes! I do accept, if i get a full time job which paying bitcoin Grin, but only on CAD design field!  Roll Eyes
michnelli6
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October 05, 2015, 04:10:27 PM
 #487

It's best to go for regular job.Well better believe it obviously.One day later on i accept there will be sufficient space and riches bitcoin related, and numerous people will discover their place in bitcoin related administration or occupations, yet for the time being, it's best to go for regular job than depending on bitcoin.
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October 05, 2015, 04:46:35 PM
 #488

Could you share your idea how you want to make your life only with bitcoin? Just curious about the ideas Wink

Trying to do something similar.

I'm *trying* go to towards fulltime Bitcoin income but I still am not making enough to make ends meet. I hope once I get my loans site up I will begin making a commission from lenders.
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October 05, 2015, 04:54:40 PM
 #489

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.
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October 05, 2015, 05:03:49 PM
 #490

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?


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October 05, 2015, 05:05:52 PM
 #491

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.
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October 05, 2015, 05:10:03 PM
 #492

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.

I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?

BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.


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October 05, 2015, 08:33:29 PM
 #493

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.

I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?

BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.

Well I heard mining was not profitable due to electricity cost so I didn't really think that was an option anymore?  I would still say you are gambling, if the BTC market completely crashes you will have nothing.  CAD is still worth the same in CAD, its not like the price of bread went up because the value changed, you would still have the same amount regardless.
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October 05, 2015, 08:54:36 PM
 #494

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.

I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?

BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.

Well I heard mining was not profitable due to electricity cost so I didn't really think that was an option anymore?  I would still say you are gambling, if the BTC market completely crashes you will have nothing.  CAD is still worth the same in CAD, its not like the price of bread went up because the value changed, you would still have the same amount regardless.

The price of bread did change. Its now 4CAD for a loaf. Cereals i used to buy almost doubled in price. My crackers are now 5$ a box instead of 2.79$. Computer parts went up 20-40% All these changes since mid 2014. So yes, with CAD crashing, its exactly the same.

And mining is profitable, its only NOT profitable to people that have high electricity cost. I'm guessing a lot of Americans are in high electricity zones (0.08/kWh+) and are thus saying it is no longer profitable for them. But that is not the case for most people seeing how much hashrate the network is at and is still growing.

And again, its not gambling, if the BTC price drop to 0 in the next minute, i still made enough money with BTC so far to hang on for a while.

Its exactly the same thing as losing your job IRL.

But in reality, its even less likely for BTC to "fire me" than working shit jobs dealing with annoying customers.


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leex1528
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October 05, 2015, 08:58:10 PM
 #495

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.

I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?

BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.

Well I heard mining was not profitable due to electricity cost so I didn't really think that was an option anymore?  I would still say you are gambling, if the BTC market completely crashes you will have nothing.  CAD is still worth the same in CAD, its not like the price of bread went up because the value changed, you would still have the same amount regardless.

The price of bread did change. Its now 4CAD for a loaf. Cereals i used to buy almost doubled in price. My crackers are now 5$ a box instead of 2.79$. Computer parts went up 20-40% All these changes since mid 2014. So yes, with CAD crashing, its exactly the same.

And mining is profitable, its only NOT profitable to people that have high electricity cost. I'm guessing a lot of Americans are in high electricity zones (0.08/kWh+) and are thus saying it is no longer profitable for them. But that is not the case for most people seeing how much hashrate the network is at and is still growing.

And again, its not gambling, if the BTC price drop to 0 in the next minute, i still made enough money with BTC so far to hang on for a while.

Its exactly the same thing as losing your job IRL.

But in reality, its even less likely for BTC to "fire me" than working shit jobs dealing with annoying customers.

True, I definitely agree with you now.  I didn't know the prices were rising that fast and that really sucks.  I am in America and its pretty much double that for my electricity here.  .15/KWH, so I don't think I will be looking at mining anytime soon.
VirosaGITS
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October 05, 2015, 10:37:39 PM
 #496

I hope no one is actually doing this.  Quitting your job and focusing sole time on Bitcoin, is probably a bad idea.  It is basically becoming a full time gambler.  You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.

Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.

Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?

How are you earning coins as income with no income?  Are you trading, or investing or what?  And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?

It isn't like everything else, it is just gambling.

I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?

BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.

Well I heard mining was not profitable due to electricity cost so I didn't really think that was an option anymore?  I would still say you are gambling, if the BTC market completely crashes you will have nothing.  CAD is still worth the same in CAD, its not like the price of bread went up because the value changed, you would still have the same amount regardless.

The price of bread did change. Its now 4CAD for a loaf. Cereals i used to buy almost doubled in price. My crackers are now 5$ a box instead of 2.79$. Computer parts went up 20-40% All these changes since mid 2014. So yes, with CAD crashing, its exactly the same.

And mining is profitable, its only NOT profitable to people that have high electricity cost. I'm guessing a lot of Americans are in high electricity zones (0.08/kWh+) and are thus saying it is no longer profitable for them. But that is not the case for most people seeing how much hashrate the network is at and is still growing.

And again, its not gambling, if the BTC price drop to 0 in the next minute, i still made enough money with BTC so far to hang on for a while.

Its exactly the same thing as losing your job IRL.

But in reality, its even less likely for BTC to "fire me" than working shit jobs dealing with annoying customers.

True, I definitely agree with you now.  I didn't know the prices were rising that fast and that really sucks.  I am in America and its pretty much double that for my electricity here.  .15/KWH, so I don't think I will be looking at mining anytime soon.

I see, thats disgusting, i think that is a shame. Electricity here is even cheaper, at worse its 4~5UScents per kWh at best its 2UScents~ per kWh. And i bet China have even better prices.

I'll be okay as long as BTC don't drop under 100$ and hopefully stay over 200$ as much as possible. I don't feel in danger of BTC dropping out, but massive government attacks targeted at BTC could destroy it.


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highaltitude20322
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October 05, 2015, 10:41:54 PM
 #497

I hope to someday soon. I want to have more time to climb! Working remotely seems really possible in the crypto industry. I would like to do something more than trading, but that seems to be one of the most common ways to make enough to live.
Nocturne
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October 06, 2015, 12:29:12 AM
 #498

Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

Pretty much bitcoin's very valuable and it will be more valuable in the future.
Nidaleee
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October 06, 2015, 01:07:53 AM
 #499

Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

Probably not. Because I spend so much money for my studies to have that day job and besides I enjoyed it so much so no, but bitcoins very helpful though I still use it.
Nautiluss
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October 06, 2015, 02:12:21 AM
 #500

Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

Yes I am confident about the bitcoin and I think it is worth it in the end.
And bitcoins will rise up in the future and even now it is already starting.
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