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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459156 times)
GermanFoobla
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June 22, 2016, 11:46:53 AM
 #4081

I would like to work in bitcoin but I like my current job too. So no I would not quit.
If you look at the price rise today, you see how unstable bitcoin is,  especially if you got wife and kids.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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greBit
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June 22, 2016, 11:47:13 AM
 #4082

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.
Bitcoin price can increase and decrease, so, I think it is not a good idea to leave his job for a virtual currency like Bitcoin.
And if the price of Bitcoin decrease?
And if you do not manage to gain enough Bitcoins?
And if people stopped using the Bitcoin?
We don't know what will be the exact situation future and also not aware what price it will hold, so it would be really risky to quit the job and get full time in bitcoin.
CrimBit
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June 22, 2016, 11:57:45 AM
 #4083

Off course who dont want to retire from their job to go full into the bitcoin only if they are getting rich who dont want that is a faggot. And that is the only reason i could think about XD

Still thinking about getting rich with bitcoin is possible, but the thing is, it is always been better to have many source of income. We don't know what will happen to bitcoin in the future. So, maintaining your daily job while working to bitcoin is a good thing you don't have to quit to any of them.
As long as you are enjoying doing both of it.
everyday i m thinking to go fulltime on bitcoin, i can't focus with my daily job, in office i open mozilla and sometimes i trade altcoin, this is make me confution, make my plan to resign more bright, but if i thinking about future i doubt to resign .

We are experiencing the same thing, I'm also doing that in our office. But I'm not thinking to quit my daily job as I am compensated and getting good benefits from it. But sometimes it turn to happen that I don't want to go in office.
I would just like to work for my trades.

my problem i have a lot pending task, because i do online everyday, i earning bitcoin everyday, so i think better i have small bussines like have coffe shop, t-shirt shop etc. and i use bitcoin sidejob, not always be employer.
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June 22, 2016, 12:02:53 PM
 #4084

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

tampazeus
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June 22, 2016, 12:08:27 PM
 #4085

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?
CrimBit
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June 22, 2016, 12:52:27 PM
 #4086

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?

sell our bitcoin to fiat whne the price skyrocket, then save some on fiat, so if bitcoin price fail to $100, we still have saving money in fiat, and we can hold our bitcoin (salary)   Roll Eyes
BitsandBites
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June 22, 2016, 01:56:24 PM
 #4087

I fit was possible for me i would defently go into the bitcoin forever but i dont think i can make allot of money with the bitcoin right now because i dont have allot of coins you know so maybe for me it is not the best thing to do right now.
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June 22, 2016, 02:02:34 PM
 #4088

I fit was possible for me i would defently go into the bitcoin forever but i dont think i can make allot of money with the bitcoin right now because i dont have allot of coins you know so maybe for me it is not the best thing to do right now.

Getting full time on bitcoin at a moment is not a smart idea, if price reaches to $10k in future then we can think about it, but with current price simply not possible.
daringdiscovered
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June 22, 2016, 02:24:48 PM
 #4089

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?

I agree, bitcoin's price is very volatile as it is very risky to go full time in it. We can't say if it will rise or drop and how big will it be. Its stll better to have a day job because of the stable value of the local currencies.
mark coins
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June 22, 2016, 02:26:42 PM
 #4090

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?

I agree, bitcoin's price is very volatile as it is very risky to go full time in it. We can't say if it will rise or drop and how big will it be. Its stll better to have a day job because of the stable value of the local currencies.

Best choice is to earn from both of them and multiply your wealth, as if you earn from both of them then it will definitely improve your standard of living and you can have better and comfortable life.
bitcoin-hunter
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June 22, 2016, 02:49:58 PM
 #4091

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?

I agree, bitcoin's price is very volatile as it is very risky to go full time in it. We can't say if it will rise or drop and how big will it be. Its stll better to have a day job because of the stable value of the local currencies.

Indeed stepping full into the bitcoin can let you lose a lot of money and it has a lot of risks too due to the fact it can collapse and fall.
I do not recommend you to ever do this.
eddyubachs
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June 22, 2016, 02:55:02 PM
 #4092

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?

I agree, bitcoin's price is very volatile as it is very risky to go full time in it. We can't say if it will rise or drop and how big will it be. Its stll better to have a day job because of the stable value of the local currencies.

Indeed stepping full into the bitcoin can let you lose a lot of money and it has a lot of risks too due to the fact it can collapse and fall.
I do not recommend you to ever do this.
Yeah, smart people will keep on earning from both, you just need to manage your schedule smartly, as working on bitcoin will not take too much time, you can do it in your free time.
escrowboy
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June 22, 2016, 03:10:59 PM
 #4093

I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go

Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do?
Before it'll happen I'll assure and been doing already today that half of my coins is converted to fiat and the other half is save for a price pump.
jakelyson
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June 22, 2016, 03:25:36 PM
 #4094

I don't know anybody who did it personaly, but i think that people who working like this, i mean full time on bitcoin, they know and understand what and how to do to make money for living.


People who has a day job usually makes the bitcoin world as their side line. They wanted to have multiple sources of income. People who are doing bitcoin in full time are mostly people who are people who basically can't get a job for some reasons. Although not everyone who's full time on bitcoin are uneducated, there are some people that chose to make Bitcoin as their day job. Maybe because they are earning much more in bitcoins and they want to focus on it, and they just see their previous day job as a disturbance to their bitcoin journey.



Very rightly said, people who are not satisfied with their jobs or who are paid less will surely think to quit their job and get full time into bitcoin even if they are earning less bitcoin allows them flexibility to work.
I know people in my country who earns less than what a average bitcoiner earns here, so why people hesitate to make bitcoins as the main source of income ?? I will surely in a year or two quit my job and focus on bitcoins ( and maybe altcoins )

Because maybe they earn more than what they can earn in bitcoin or they just don't trust bitcoin that much or they are already happy with bitcoin as their part time income. There could be millions of reasons not to go full time on bitcoin and we can't make them quit their jobs.
ungazzi4lyf
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June 22, 2016, 03:27:57 PM
 #4095

its too risky, but i want to try so yes!
torrentheaven
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June 22, 2016, 03:32:35 PM
 #4096

I don't know anybody who did it personaly, but i think that people who working like this, i mean full time on bitcoin, they know and understand what and how to do to make money for living.


People who has a day job usually makes the bitcoin world as their side line. They wanted to have multiple sources of income. People who are doing bitcoin in full time are mostly people who are people who basically can't get a job for some reasons. Although not everyone who's full time on bitcoin are uneducated, there are some people that chose to make Bitcoin as their day job. Maybe because they are earning much more in bitcoins and they want to focus on it, and they just see their previous day job as a disturbance to their bitcoin journey.



Very rightly said, people who are not satisfied with their jobs or who are paid less will surely think to quit their job and get full time into bitcoin even if they are earning less bitcoin allows them flexibility to work.
I know people in my country who earns less than what a average bitcoiner earns here, so why people hesitate to make bitcoins as the main source of income ?? I will surely in a year or two quit my job and focus on bitcoins ( and maybe altcoins )

Because maybe they earn more than what they can earn in bitcoin or they just don't trust bitcoin that much or they are already happy with bitcoin as their part time income. There could be millions of reasons not to go full time on bitcoin and we can't make them quit their jobs.
That's true and if they are satisfied with their day job and also with extra they are earning from bitcoin then they will never quit their job and I also don't find any valid reason in doing it.
umaOuma
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June 22, 2016, 05:20:55 PM
 #4097

I don't know anybody who did it personaly, but i think that people who working like this, i mean full time on bitcoin, they know and understand what and how to do to make money for living.


People who has a day job usually makes the bitcoin world as their side line. They wanted to have multiple sources of income. People who are doing bitcoin in full time are mostly people who are people who basically can't get a job for some reasons. Although not everyone who's full time on bitcoin are uneducated, there are some people that chose to make Bitcoin as their day job. Maybe because they are earning much more in bitcoins and they want to focus on it, and they just see their previous day job as a disturbance to their bitcoin journey.



Very rightly said, people who are not satisfied with their jobs or who are paid less will surely think to quit their job and get full time into bitcoin even if they are earning less bitcoin allows them flexibility to work.
I know people in my country who earns less than what a average bitcoiner earns here, so why people hesitate to make bitcoins as the main source of income ?? I will surely in a year or two quit my job and focus on bitcoins ( and maybe altcoins )

Because maybe they earn more than what they can earn in bitcoin or they just don't trust bitcoin that much or they are already happy with bitcoin as their part time income. There could be millions of reasons not to go full time on bitcoin and we can't make them quit their jobs.
That's true and if they are satisfied with their day job and also with extra they are earning from bitcoin then they will never quit their job and I also don't find any valid reason in doing it.

Yeah really don't feel to quit job for bitcoin, as full time job offers fixed and stable income and also other financial benefits which bitcoin can never offer.
mobilestrike
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June 22, 2016, 08:05:51 PM
 #4098

If the stability in the price of bitcoin came then everyone will adopt this currency and we can then earn bitcoin from a number of more places also and there will be then a uniform gradual increase in the price of bitcoin, then I think we have to go for bitcoin earning.
SquallLeonhart
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June 22, 2016, 08:42:00 PM
 #4099

If the stability in the price of bitcoin came then everyone will adopt this currency and we can then earn bitcoin from a number of more places also and there will be then a uniform gradual increase in the price of bitcoin, then I think we have to go for bitcoin earning.

We cannot expect price stability in bitcoin, as I don't think that is ever possible and price to be stable we need a huge market cap which is missing at a moment.
elobizph
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June 23, 2016, 03:44:58 AM
 #4100

If the stability in the price of bitcoin came then everyone will adopt this currency and we can then earn bitcoin from a number of more places also and there will be then a uniform gradual increase in the price of bitcoin, then I think we have to go for bitcoin earning.

We cannot expect price stability in bitcoin, as I don't think that is ever possible and price to be stable we need a huge market cap which is missing at a moment.

You are right because bitcoin is a decentralized online currency. So shifting to full time with bitcoin is very risky. For example if you have earned 1 btc last week and the price is $760. And now, the price falls down and if aren't able to cash it out the price today is now $595.
As we know that bitcoin is not stable of its price, while if you have a job your salary would continue increasing every year thats why you do not need to change your work into bitcoin and also you can earn bitcoin even you have a job.
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