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Author Topic: What is there to do with bitcoins these days ?  (Read 9145 times)
xJuturna
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August 24, 2016, 04:42:03 PM
 #41

Using bitcoins to earn a profit is pretty similar if not exactly the same as doing it with fiat. You can use exchanges, sports bet, gamble, hold your coins for a price increase, etc. It's up to you what you do with them but I think most people will try to slowly and safely increase their bitcoins. You can start a faucet and make money from ad revenue, you could start and exchange or research into alt coins. There's too many things to name.
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August 24, 2016, 04:43:59 PM
 #42

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now

In my opinion, there are millions of things to do with bitcoin, its just like what can I do with money? I have a lot of things to do with it. So far Bitcoin can be converted to FIAT then there is no limitation in what one can do with it... But if you still want to keep it as coin then you can trade it to make more, keep it for its value to increase or even gamble it is another option
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August 24, 2016, 04:51:16 PM
 #43

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Bitcoin is worth or USD/EUR, property, Oilfutures and gold.
Mining is not profitable if you dont have small mining farm example 10 PH/s

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August 24, 2016, 04:53:52 PM
 #44

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now

In my opinion, there are millions of things to do with bitcoin, its just like what can I do with money? I have a lot of things to do with it. So far Bitcoin can be converted to FIAT then there is no limitation in what one can do with it... But if you still want to keep it as coin then you can trade it to make more, keep it for its value to increase or even gamble it is another option

i agree but one should look at the most profitable investment, with the less risk and the faster roi, and i think the altcoin scene or bitcoin trading are the way to go, other investment outside of cryptoworld are really too slow, and the fiat world the % returned is very low comapred to here

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August 24, 2016, 05:20:40 PM
 #45

i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
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August 24, 2016, 05:25:31 PM
 #46

i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
I think both trading or buy your own mining have different benefits if you are mining its for lazy people that they dont want to work hard.. unlike in trading you should follow and study it first and you should always monitor the price for every altcoin you have.
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August 24, 2016, 09:39:26 PM
 #47

i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
I think both trading or buy your own mining have different benefits if you are mining its for lazy people that they dont want to work hard.. unlike in trading you should follow and study it first and you should always monitor the price for every altcoin you have.

mining would not give you reasonable profit right now in my opinion as it is really hard to mine at least for me, i think it would be way better to just go all in trading and thats it

 
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August 25, 2016, 12:08:06 AM
 #48

i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
The trading rules, more capital = more profit , lower capital = lower profit. the amount of profit it's relied upon with your capital in you're filled with getting them.

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August 25, 2016, 12:23:18 AM
 #49

Well the really good thing about bitcoin at the moment is its ability to transfer to anywhere in the world for very little fees this is why I think it has potential but if somehow this is not the case anymore people will move onto other crypto currencies


Somehow this is not the case anymore? It will be upgraded. Why switch and not just make it more useful. I would rather think of another way to use it than change and start to trust another crypto, that will take time again.

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August 25, 2016, 02:42:55 AM
 #50

You could do the same thing as you do with your fiat money.  You could buy some cellphone load, pay your bills, loans, tuition fees, and even for reservations on bus, planes, and hotels.  Aside from investing you could earn bitcoins through trading and doing some typing and solving captchas.
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August 25, 2016, 04:31:34 AM
 #51

I started bitcoin from nothing and I used to earn through faucets and PTC sites before and now by doing some services. For me, it's not that when you enter into the bitcoin world, you'll be rich and/or you'll be earning lots of money. Earning bitcoin is like earning fiat, you must work for it, make some effort to gain it. The reason why most people are using bitcoin is because of its features and potential. You can do many things with it, trade, gamble, invest, start contests and giveaways etc. What's important is that you are happy with what you are doing with your coins.
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August 25, 2016, 04:52:34 AM
 #52

i agree that mining is not an option on current state but i disagree on your trading statement.the profit you make from trading is always depends on you i have seen some users able to get 50% of their investment from trading and i gets only 10-15% so it depends on the amount you are trading
The trading rules, more capital = more profit , lower capital = lower profit. the amount of profit it's relied upon with your capital in you're filled with getting them.

and not to mention the higher risks with higher capital which can also lead to bigger losses in your investment. that is why you should never be greedy.

always invest what you can afford to lose not any more. being greedy even in an investment will lead to loss and regret.

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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August 25, 2016, 04:58:12 AM
 #53

Well i do not do mining because electricity here in our country is very expensive plus the amount that i will get in mining is not worth it. I doesn't trade also because i'm not good at it. What i do to my Bitcoin these days is i used it to pay my bills because in our online wallet here in our country we can use it to pay bills.
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August 25, 2016, 06:26:53 AM
 #54

Well i do not do mining because electricity here in our country is very expensive plus the amount that i will get in mining is not worth it. I doesn't trade also because i'm not good at it. What i do to my Bitcoin these days is i used it to pay my bills because in our online wallet here in our country we can use it to pay bills.

Yeah that is why I dont think miners just mine bitcoins. Of course they will do other stuffs like trading or some online jobs.  Grin They have to be flexible also to maximize their profits and not just rely on what they mine.

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August 25, 2016, 06:40:36 AM
 #55

Maybe gambling just for fun if you want to pass the time and maybe profit from it if you are lucky. Just be firm and focus with your purpose that you just want to gamble because you have some bitcoin you can afford to lose and if you are not lucky then you just get over it and moved on. You can also think of projects or sites that will let you earn bitcoin even though it maybe small but still you are earning.If you don't want to do anything then just store it in your wallet and wait for the price to increase but it would be better if you act and do something because I believe that hard work pays off.

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Mastsetad
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August 25, 2016, 06:56:25 AM
 #56

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Who says that you cannot earn bitcoins without having some cash or investing money from your pocket? I have never invested anything from my side and i'm already earning and accumulating bitcoins from a time now, and you are wrong about trading that it does not give much of a profit but it is the most profitable thing you can do with bitcoin if you are trading altcoins, but that would surely need you to have quite a good amount of bitcoins.
btccashacc
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August 25, 2016, 07:08:19 AM
 #57

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now
exactly that's why i do trading, trade bitcoin to fiat and vice versa, trading altcoin also but i think trading altcoin is very risky than bitcoin to fiat since altcoin's price very fluctuate than bitcoin, but it's pretty fast to grow your bitcoin moreover when altcoin's price being pumped 10X.
pmstalk
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August 25, 2016, 08:16:08 AM
 #58

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
As the bitcoins prices are decline for time being & i sure it will raise in coming days,so I prefer hold bitcoins.
1Referee
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August 25, 2016, 08:24:13 AM
 #59

I am only trading and holding. Basic rule for me is that when the market is calm with very low volume just like it is now, I use my time to do other things instead of forcing myself to do something Bitcoin related. Holding is the best option here. Especially because I also have a job and a personal life.
avikz
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August 25, 2016, 12:45:17 PM
 #60

Mining is over for individuals but one thing you can surely do with your bitcoin is trade, trade and trade.

That is the most effective and best way to earn more and more bitcoin using your existing holding. If you don't know how to trade, there are so many guides available for you. Take help and win the world with your trading skill. But stay away from ponzis.

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