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Author Topic: Earning a living with bitcoin?  (Read 158487 times)
qiwoman2
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September 22, 2016, 09:37:57 AM
 #2721

I am not but I have seen a bunch or so doing that, Practically all of those running exchanges and big exchanges even have teams of full time employee's, Also gambling websites particularly large ones have multiple full time therefore earning a living with BTC.
well if that's the case no doubt if they could make living out of it even pay their employees while bitcoin users out there mostly don't have that much wealth,owning an exchanger could give pretty big profit especiall if there's thousands of bitcoin traded in a day
Yes this is for the big fish and whales out there. For us little people all we can do is find solid places and businesses to invest and slowly grow our capital and gains, but that does take time, the will and good money management skills. Gambling and trading are what I call very high risk ventures and not for the risk averse to be honest.


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ekoice
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September 22, 2016, 10:02:58 AM
 #2722

I  earn a little through bitcoin but its not sufficient for my living. Now im considering bitcoin earning only as a secondary income. Just now i have started trading in bitcoins. When my earning in btc increases, then i will quit my job and foccus fully on bitcoin
YuginKadoya
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September 22, 2016, 10:07:13 AM
 #2723

I am not but I have seen a bunch or so doing that, Practically all of those running exchanges and big exchanges even have teams of full time employee's, Also gambling websites particularly large ones have multiple full time therefore earning a living with BTC.
well if that's the case no doubt if they could make living out of it even pay their employees while bitcoin users out there mostly don't have that much wealth,owning an exchanger could give pretty big profit especiall if there's thousands of bitcoin traded in a day
Yes this is for the big fish and whales out there. For us little people all we can do is find solid places and businesses to invest and slowly grow our capital and gains, but that does take time, the will and good money management skills. Gambling and trading are what I call very high risk ventures and not for the risk averse to be honest.

There are certain risk involve in trading as usual just like in gambling but in trading you can surely analyze the movement of your choice of investment and I think that you can not done this in gambling because of the randomness involve in gambling that is why I think it is best to trade than to gamble your money or bitcoin.
bamboylee
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September 22, 2016, 11:09:16 AM
 #2724

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.
Fraxinus
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September 22, 2016, 11:12:26 AM
 #2725

I am not but I have seen a bunch or so doing that, Practically all of those running exchanges and big exchanges even have teams of full time employee's, Also gambling websites particularly large ones have multiple full time therefore earning a living with BTC.
well if that's the case no doubt if they could make living out of it even pay their employees while bitcoin users out there mostly don't have that much wealth,owning an exchanger could give pretty big profit especiall if there's thousands of bitcoin traded in a day
Yes this is for the big fish and whales out there. For us little people all we can do is find solid places and businesses to invest and slowly grow our capital and gains, but that does take time, the will and good money management skills. Gambling and trading are what I call very high risk ventures and not for the risk averse to be honest.

There are certain risk involve in trading as usual just like in gambling but in trading you can surely analyze the movement of your choice of investment and I think that you can not done this in gambling because of the randomness involve in gambling that is why I think it is best to trade than to gamble your money or bitcoin.
In trading you make your decisions and research,it's somewhat similar to sports betting really

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September 22, 2016, 11:14:15 AM
 #2726

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
agamasrori
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September 22, 2016, 11:25:40 AM
 #2727

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
Is this still fine to buy bitcoin as much as we can buy now? Is the price of bitcoin will always rise every year? I hope it will happen. Yeah earning living with bitcoin by make investment such a funding will be profitable because so many new people will use bitcoin.


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dunfida
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September 22, 2016, 12:04:15 PM
 #2728

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
Is this still fine to buy bitcoin as much as we can buy now? Is the price of bitcoin will always rise every year? I hope it will happen. Yeah earning living with bitcoin by make investment such a funding will be profitable because so many new people will use bitcoin.

This is possible  because people continue to buy and uses it but  there would be still no assurance on future on having a living with  bitcoin unless if you have stable investment in bitcoin world  like having multiple casino sites, exchangers and many more which could sustain  living in  daily basis. Rising prices of bitcoin is normal and would really happen up in the future.

goldcoinminer
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September 22, 2016, 12:30:38 PM
 #2729

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
Is this still fine to buy bitcoin as much as we can buy now? Is the price of bitcoin will always rise every year? I hope it will happen. Yeah earning living with bitcoin by make investment such a funding will be profitable because so many new people will use bitcoin.

This is possible  because people continue to buy and uses it but  there would be still no assurance on future on having a living with  bitcoin unless if you have stable investment in bitcoin world  like having multiple casino sites, exchangers and many more which could sustain  living in  daily basis. Rising prices of bitcoin is normal and would really happen up in the future.
Let us just enjoy what we can enjoy now and since bitcoin is so progressive we have to focus on it, since we are earning now, we should also consider how to save because we cannot just earn then spend directly our earnings, time will come we will not be able to do our job so we better be prepared.
fkvidar
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September 22, 2016, 12:32:47 PM
 #2730

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
Is this still fine to buy bitcoin as much as we can buy now? Is the price of bitcoin will always rise every year? I hope it will happen. Yeah earning living with bitcoin by make investment such a funding will be profitable because so many new people will use bitcoin.

This is possible  because people continue to buy and uses it but  there would be still no assurance on future on having a living with  bitcoin unless if you have stable investment in bitcoin world  like having multiple casino sites, exchangers and many more which could sustain  living in  daily basis. Rising prices of bitcoin is normal and would really happen up in the future.
Let us just enjoy what we can enjoy now and since bitcoin is so progressive we have to focus on it, since we are earning now, we should also consider how to save because we cannot just earn then spend directly our earnings, time will come we will not be able to do our job so we better be prepared.

We should not regret for getting late into bitcoins as still there are many people who are not aware about bitcoins yet and till entire world becomes aware about it, we would be sitting at decent level.
agustina2
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September 22, 2016, 05:40:54 PM
 #2731



We should not regret for getting late into bitcoins as still there are many people who are not aware about bitcoins yet and till entire world becomes aware about it, we would be sitting at decent level.

There's no such thing as late in terms of investment.

There are big traders today who start just few years ago and now dominating the trading industry of bitcoin.

Just make sure that people will go serious in any kind of investment they choose so that the output is good.
socks435
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September 22, 2016, 05:44:38 PM
 #2732



We should not regret for getting late into bitcoins as still there are many people who are not aware about bitcoins yet and till entire world becomes aware about it, we would be sitting at decent level.

There's no such thing as late in terms of investment.

There are big traders today who start just few years ago and now dominating the trading industry of bitcoin.

Just make sure that people will go serious in any kind of investment they choose so that the output is good.
Well if we are talking about in bitcoin its not late to invest your money in bitcoin because the price will still increase more not so soon but it takes few years that we will satisfied with the price of bitcoin.. we are still waiting for more adoption for bitcoin and i think if more adoption will happen price of bitcoin will increase more.

Decided to end it with zer0 profit.
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September 22, 2016, 05:53:16 PM
 #2733

As long as people will continue buying and selling bitcoins, there will always be opportunities to make money. These opportunities apparently cannot be relied upon because bitcoin is not widely accepted as it is required. But if you can find somewhere where you have a steady business involving bitcoin, then you stand a chance to earn a living with bitcoin.
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September 22, 2016, 06:55:53 PM
 #2734

As long as people will continue buying and selling bitcoins, there will always be opportunities to make money. These opportunities apparently cannot be relied upon because bitcoin is not widely accepted as it is required. But if you can find somewhere where you have a steady business involving bitcoin, then you stand a chance to earn a living with bitcoin.
Still, I believe trading bitcoin is more than enough to gain your living out of it. But, not all the traders are making handsome amount of profits, yet if you develop your trading skill over time you will get more chances of earning handsome with bitcoin trading. Moreover, a long term bitcoin trader will gain more profits in my opinion.
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September 22, 2016, 06:57:58 PM
 #2735

Yes, it is possible to earn a living with bitcoin, but I do not suggest living just from bitcoin. For me, my life is the most important and I would not put it on the price of bitcoin, but I have very good experience with blockchain because I actually manage to earn a living amount of income from bitcoin and more from blockchain technology related development.

[TUTORIAL] How to steal $350 000?
Best OS for recovering stolen BTCs.
Visit our FREE Bitcointalk thread.
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September 22, 2016, 07:14:16 PM
 #2736

Yes, it is possible to earn a living with bitcoin, but I do not suggest living just from bitcoin. For me, my life is the most important and I would not put it on the price of bitcoin, but I have very good experience with blockchain because I actually manage to earn a living amount of income from bitcoin and more from blockchain technology related development.
You can live in bitcoin if you skilled but if not you cannot live in bitcoin or if you have a good 2 s9 miner you can earn in lazy ways depends how much your electricity bill cost per kwh..
For its still good to collect bitcoin as extra or hobby to have saving that you can use for a long time.

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PremiumCodeX
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September 22, 2016, 07:18:47 PM
 #2737

Yes, it is possible to earn a living with bitcoin, but I do not suggest living just from bitcoin. For me, my life is the most important and I would not put it on the price of bitcoin, but I have very good experience with blockchain because I actually manage to earn a living amount of income from bitcoin and more from blockchain technology related development.
You can live in bitcoin if you skilled but if not you cannot live in bitcoin or if you have a good 2 s9 miner you can earn in lazy ways depends how much your electricity bill cost per kwh..
For its still good to collect bitcoin as extra or hobby to have saving that you can use for a long time.

And it is not only about the coin's price, but the blockchain and the technology that you could build with the blockchain. You could build innovative projects that uses blockchain to run innovative features as super computing, P2P lending and extended discussion boards. Since I have never seen the mentioned features in work yet, I think they are kinda risky, but certainly you could be the #1 in them and as #1 in something, earn a great amount of income.

[TUTORIAL] How to steal $350 000?
Best OS for recovering stolen BTCs.
Visit our FREE Bitcointalk thread.
bestluck
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September 22, 2016, 09:26:00 PM
 #2738

As long as people will continue buying and selling bitcoins, there will always be opportunities to make money. These opportunities apparently cannot be relied upon because bitcoin is not widely accepted as it is required. But if you can find somewhere where you have a steady business involving bitcoin, then you stand a chance to earn a living with bitcoin.
Still, I believe trading bitcoin is more than enough to gain your living out of it. But, not all the traders are making handsome amount of profits, yet if you develop your trading skill over time you will get more chances of earning handsome with bitcoin trading. Moreover, a long term bitcoin trader will gain more profits in my opinion.

Only the newbies to trade are unable to get a handsome profit for their living with bitcoin trading while expert and professional traders are earning much higher amount from trading in bitcoin and altcoins too.
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September 22, 2016, 10:09:15 PM
 #2739

I guess it's possible to make a living with it in different ways, Either running a big website taking/accepting BTC and therefore making a living with it or using altcoins or trading BTC volatility with USD but those would require a huge sum of BTC's and a moderate risk to invested money...

those options are possible if you were an early adopter of bitcoin. You have a lot of bitcoin by now and you can fund an exchange or a gambling website. Those business can earn you a lot of money these days. But for the likes of us who joined bitcoin later, it will be harder to  find a job that can sustain  a good income in bitcoin.

Yeah if you have bought them when price was below $100 in the past then you would be enjoying huge profits by now and you would have survived without doing anything.
Is this still fine to buy bitcoin as much as we can buy now? Is the price of bitcoin will always rise every year? I hope it will happen. Yeah earning living with bitcoin by make investment such a funding will be profitable because so many new people will use bitcoin.

This is possible  because people continue to buy and uses it but  there would be still no assurance on future on having a living with  bitcoin unless if you have stable investment in bitcoin world  like having multiple casino sites, exchangers and many more which could sustain  living in  daily basis. Rising prices of bitcoin is normal and would really happen up in the future.
Let us just enjoy what we can enjoy now and since bitcoin is so progressive we have to focus on it, since we are earning now, we should also consider how to save because we cannot just earn then spend directly our earnings, time will come we will not be able to do our job so we better be prepared.

We should not regret for getting late into bitcoins as still there are many people who are not aware about bitcoins yet and till entire world becomes aware about it, we would be sitting at decent level.

We didn't late into bitcoin mate, the reality is we are in the this forum and discuss about it. And still have a time to looking for bitcoin or make an investment with bitcoin but I think trading is better then else. Besides of that, around of me only some people knowing what is bitcoin. So i am not late and i don't regret it.
But to living bitcoin is not easy to do. In my point of view that above of this post said to make an gambling sites it is not good to do because in some countries gambling is illegal, this business can not embrace whole all user of bitcoin. Exchanger site is better idea, almost every bitcoin's user need exchanger service. But you should ready to compete with other big company of bitcoin sites.

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Doamader
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September 22, 2016, 10:52:14 PM
 #2740

Yes, it is possible to earn a living with bitcoin, but I do not suggest living just from bitcoin. For me, my life is the most important and I would not put it on the price of bitcoin, but I have very good experience with blockchain because I actually manage to earn a living amount of income from bitcoin and more from blockchain technology related development.
You can live in bitcoin if you skilled but if not you cannot live in bitcoin or if you have a good 2 s9 miner you can earn in lazy ways depends how much your electricity bill cost per kwh..
For its still good to collect bitcoin as extra or hobby to have saving that you can use for a long time.

And it is not only about the coin's price, but the blockchain and the technology that you could build with the blockchain. You could build innovative projects that uses blockchain to run innovative features as super computing, P2P lending and extended discussion boards. Since I have never seen the mentioned features in work yet, I think they are kinda risky, but certainly you could be the #1 in them and as #1 in something, earn a great amount of income.
Inovation is something we do like, but related to bitcoin i do believe the best options to make or get a great income has been made, being the exchanges and casinos the places where the most people do invest, besides that its just pennies. To get a good income now you need to invest or make your own coin and offer something people may use, soo your coin can get value and investment.
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