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Author Topic: Bitcoin, is it worth spending time collecting it?  (Read 14652 times)
olubams
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January 14, 2017, 02:36:29 PM
 #121

If collecting also mean earning some bitcoin then it worth it because if one should have a skill such as graphics or designing of signature or some sort of programming skill, then with quite a number of clients even on the forum then one can earn decent amount even after converting to Fiat, then it could mean something. On the other hand if collecting is restricted to faucets, then I am made bold to say that it does not for any reason worth it at all...
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January 14, 2017, 02:37:33 PM
 #122

I think it is worth spending collecting Bitcoin in any legal means.  May it be faucet milking, bounty hunting, social media task, signature campagin, buying from day job.  I believe all the time, effort and money spent here will worth it when the price of Bitcoin go up.  Actually it is worth collecting now.

It is worth the time but not as a substitute to real job... Bitcoin is a good way to make money but should not be the main source of it, we should still prefer day job, it is more economical...Waiting for the price to shoot up is only for those who has big stash... But if we are just dependent on micro jobs and things like that, it's not worth it... We need a bigger source of bitcoin in order to consider it as economical or practical way of earning money...  Smiley

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January 14, 2017, 03:13:23 PM
 #123

It's worth the wait actually, and worth the money that you spend to buy it. Been buying bitcoins for a year now and it gave me a lot of profit actually that help me pay my debts and helped me create a small business for my own. Will be doing the same thing for the next couple of years just to have a nice hefty wallet for my self and future.

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January 14, 2017, 03:18:17 PM
 #124

it doesn't matter much what you do to get bitcoin, as long as you become a part of it, you are a winner and the sooner you get in, the bigger winner you will be. and for that you can check the 8 years of history to see how much you have missed out on by not getting involved with bitcoin so far.

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January 14, 2017, 04:10:06 PM
 #125

it doesn't matter much what you do to get bitcoin, as long as you become a part of it, you are a winner and the sooner you get in, the bigger winner you will be. and for that you can check the 8 years of history to see how much you have missed out on by not getting involved with bitcoin so far.
Missing the first year of bitcoin does really give a big matter for me but still its not to late to engage on bitcoin since its price do really increase it doesnt matter at all.Collecting or earning bitcoin does really worth on your time excluding on collecting on faucets which is really a waste of time.

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January 14, 2017, 04:24:57 PM
 #126

Well,why don't you get a daily job and purchase bitcoins with a percent of your wage. Like 10% or 60%,I don't know what's your goal. There are some people who lost their investment value a bit but that is just because they bought when bitcoin was at very high price. I mean you need to analyse the market a bit before buying bitcoins. See if there has been a spike in price recently. Look up in the forums,what experienced people speculate. I believe there is a BTC/USD Wall Observer thread here on the forums. You might wanna check it as well.
Buying bitcoin with a part of your salary is a good thing but only for one time, you should use some of it to buy bitcoin one time and try and work with it like use it in trading or gambling  If you have some knowledge about them, but don’t spend your job money to buy bitcoin every time so that way if you lose it you won’t feel bad about it.
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January 14, 2017, 04:32:00 PM
 #127

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean collecting bitcoins through faucets or other micro-payment  system like PTC sites, i totally useless and would recommend not to do it. Instead get a proper job. Earn your salaries and buy bitcoins with it. It's far more efficient.

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January 14, 2017, 04:36:13 PM
 #128

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean collecting bitcoins through faucets or other micro-payment  system like PTC sites, i totally useless and would recommend not to do it. Instead get a proper job. Earn your salaries and buy bitcoins with it. It's far more efficient.
Earning on faucet and other ptc site is too slow of earning bitcoins. That right to try to find a job. Here in the forum you can offer an online job if you have skill on doing it like programming and coding. It may be usefull that collecting bitcoin on faucets
hurain
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January 14, 2017, 08:43:49 PM
 #129

It is worth to spend time collecting it,because it gives an extra income.You should put also hardwork and patience in your work because it is not easily earned.I maybe put it as my focus of work today,because i can see that it gives a good summary of income.

this is what i am thinking too for bitcoin, and i think it still worth if we are spend our time to collecting from small amount of bitcoin until we reach what we want with bitcoin. with the price now, i think we need more time to collecting the bitcoin but we can do it with hard work and smart work.
yes i also think that it is still good time to collect bitcoin and when you realize the now you have a good amount bitcoin you have collected then you can invest your bitcoin where you consider to invest.
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January 15, 2017, 06:19:24 AM
 #130

For me Bitcoin is worth
spending time collecting,
just put a great perseverance
on your work.
shamzblueworld
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January 15, 2017, 12:34:31 PM
 #131

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin.
Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll.
I'd agree with you that it is not efficient to earn bitcoin from faucets, but what do you say about signature campaigns? Are they actually worth it?
For me I think if one can buy, surely that is the preferred way and most efficient as it is not much time consuming, after that doing services is another good option, but what about solely from signature campaigns? Are they actually worth the time spent?
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January 15, 2017, 12:40:32 PM
 #132

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I prefer bitcoin. because bitcoin can be used as a job so we can get revenue from the investment bitcoin.
This is so fun, you use bitcoin as a currency and also a job.
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January 15, 2017, 01:06:30 PM
 #133

Absolutely worth the time! If anyone feels that it is not worth the time, then please donate your bitcoins to me and I will take good care of them. Look at the growth of bitcoin over the years. Compare the prices and then take a call.

Bitcoin has a huge upside potential and it is accounted for over 84% of total crypto currency market. If this statistics is not enough for you, then just leave. You are not worth to bitcoin.

   
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January 15, 2017, 01:16:09 PM
 #134

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
Loosing in investment, HYIP, and trading but not in long term investment. As you can see when the bitcoin starts you can buy many bitcoin in only 1$ but now as you can see the market meets the pick price 1000$+. So you can win in the bitcoin with long term investment. Store ut and spend it next next years so you can win a lot from it.
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January 15, 2017, 01:21:05 PM
 #135

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I prefer bitcoin. because bitcoin can be used as a job so we can get revenue from the investment bitcoin.
This is so fun, you use bitcoin as a currency and also a job.
Well for some it could possibly make as a job even for those people who dont have a job since bitcoin does really have a value and could able to earn online but its not really a guarantee to sustain for too long and making it as a source of income on daily living since it do really have risk since bitcoins price is unstable.

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January 15, 2017, 03:41:10 PM
 #136

Of course, it is worth spending time to collect some bitcoin, because it's very valuable nowadays.If you collect some bitcoins today, one day you can see a new value of bitcoin more higher than today.

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January 15, 2017, 03:47:03 PM
 #137

it has been more than worth it to invest in bitcoin so far. with the continued adoption and the over time growth all around the world price will continue to go up.
these days newer countries that we never thought are adopting bitcoin, Indians are so interested in investing in bitcoin, i have seen lots of interest coming from Africa also. all these will only lead to higher prices long term.

There is a FOMO brewing...
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January 15, 2017, 03:56:57 PM
 #138

I think it is always the question how much time you need to collect a certain amount of bitcoins.
Faucets for example I do not think they are worth it. At least for most people.
Claiming 100 satoshis in one minute, that is simply not enough. Especially when you consider that you might harm your computer with malweare.
I think it makes sense to compare the time you need to collect bitcoins to the time you would need for the same amount in a regular job.
If those are about even, collecting bitcoins makes sense. If you earn more in a regular job, then do the job and buy bitcoins from your money.
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January 15, 2017, 04:21:48 PM
 #139

Cryptoanalyzer, where do you live? Is there much you can buy with bitcoin in your area? I'm talking about living expenses. What's your monthly income compared to the average in your area?

If businesses don't generally accept bitcoin in your area then you need to be getting paid in your local fiat currency. To get paid in bitcoin and then have to convert it to Euros or whatever is just going to cost you money - in fees and fluctuations in the price of bitcoin.

My Advice:

Whatever you do best to earn money - focus more on it, develop your depth of knowledge and ability in that field. As soon as you can, ditch the multiple jobs and focus on just one an do it as well as you can so you can get paid as much local currency for it as possible. You can use some of that to buy bitcoin when you see the price drop to attractive levels and you spend time on the forum posting (constructively of course) for payment in bitcoin, a small side income.

Don't forget to give us an update! Cheers.
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January 15, 2017, 09:27:30 PM
 #140

it has been more than worth it to invest in bitcoin so far. with the continued adoption and the over time growth all around the world price will continue to go up.
these days newer countries that we never thought are adopting bitcoin, Indians are so interested in investing in bitcoin, i have seen lots of interest coming from Africa also. all these will only lead to higher prices long term.
i think you can see the lover of bitcoin not only from India and Africa. but you can see the love of bitcoin from all over the world. i know even some people from Iran and Saudi Arabia who are interested in bitcoin.
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