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Author Topic: Bitcoin, is it worth spending time collecting it?  (Read 14722 times)
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January 19, 2017, 01:57:33 PM
 #181

Nope what you will gonna earn with Bitcoin is not enough to be competitive with a salary price wise. Even a minimum wage earner will earn more in their work rather spend all there time collecting Bitcoin. The amount of Bitcoin you will collect online is limited only and it won't make you rich even if you hold it for a long time.
It depends on what you are working on in the bitcoin/online world. If you're a salary earner working for mcdonalds and gets paid at an hourly rate of $4 an hour compare that to someone working online with just 3 hours of work and earns a hundred dollars. You see the difference? Your statement is one sided and never considered some other factors. Mind you, this very forum earns roughly 1 bitcoin a day and even more. You do the math.

In which country someone lives, and in that way bitcoin/real world can be compared. I know that some people here earn more then many others in real life, and where are hiding all early adopters, most of them are filthy rich by now. I think earning with bitcoins can be competitive with salary prices over the world, not everywhere of course but in many countries salary is less then 100 $ per month.
Owner of Manchester City Mansour bin Zayed Al Nahyan earn 115000 GBP per hour. Who can compete with that?



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January 19, 2017, 02:01:02 PM
 #182

If you are from the $350 price then you can say it is all really worth the wait. It requires patience and I am saying a lot of it. There are many temptations that will come specially gambling to where you want to double it because the price is really not that great from that time. But with patience on just waiting and not doing unnecessary things it becomes fruitful at the end.

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January 19, 2017, 02:17:34 PM
 #183

Well this is relative and depends on the geographical location and the economy one lives in. Third world countries have a chunk of working class earning upto $200 a month and prevailing unemployment situations doing faucets or engaging in signature campaigns is worth every minute of their time because it can easily substitute a family's income.
The opposite is true in the advanced/western world where a lot of jobs pay better on an hourly basis so it wouldn't be worth your time collecting bits of bitcoins.
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January 19, 2017, 02:31:56 PM
 #184

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?

Well you can actually go with bitcoin Full time if you are profiting more than what you are getting with working on your job, cause bitcoin really has a reputation in changing any persons lives by doing the methods in earning it Investing with it and trading that I think are really profitable

But In my opinion I prefer both you can surely get a job and earn bitcoin at the same time it only requires your time managing skills and your decision making to the test to make it really work out.
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January 19, 2017, 03:06:14 PM
 #185

I am spending my money in bitcoin from more than a year and till now I have not felt that I am losing my investment in bitcoin. I have patience and I do not worry at the time when big fluctuations start in the price of bitcoin and I often wait for a good time and get profit in the long term without any lose.
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January 19, 2017, 03:13:23 PM
 #186

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?

Well you can actually go with bitcoin Full time if you are profiting more than what you are getting with working on your job, cause bitcoin really has a reputation in changing any persons lives by doing the methods in earning it Investing with it and trading that I think are really profitable

But In my opinion I prefer both you can surely get a job and earn bitcoin at the same time it only requires your time managing skills and your decision making to the test to make it really work out.
Collecting bitcoins is good it is worth, but for this don't stop your daily job. It is just extra money, and you can fulfil your daily needs from this bitcoin. I think spending a full day to get this bitcoin is not worth. If you have huge capital and like trading and investing then ok. But if you think you can collect bitcoin from gambling it is not worth, and you will lose your coins.
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January 19, 2017, 03:36:28 PM
 #187

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?

Well you can actually go with bitcoin Full time if you are profiting more than what you are getting with working on your job, cause bitcoin really has a reputation in changing any persons lives by doing the methods in earning it Investing with it and trading that I think are really profitable

But In my opinion I prefer both you can surely get a job and earn bitcoin at the same time it only requires your time managing skills and your decision making to the test to make it really work out.
Collecting bitcoins is good it is worth, but for this don't stop your daily job. It is just extra money, and you can fulfil your daily needs from this bitcoin. I think spending a full day to get this bitcoin is not worth. If you have huge capital and like trading and investing then ok. But if you think you can collect bitcoin from gambling it is not worth, and you will lose your coins.
Agree with you mate because exchanging your stable day job for bitcoin is not really a good idea because we all know the risk on bitcoin its price is soo unstable which means we might gain profits or lose money anytime because we are depending on its price.Bitcoin should be treated as a side income.

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January 19, 2017, 04:20:37 PM
 #188

Yes! It is because by simply joining some signature campaigns or even buy and sell you can earn bitcoin. You just sit in front of computer and you're already earning some of it. But it's quiet long process buy I'm sure you'll be glad at the end. Smiley


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January 19, 2017, 07:48:44 PM
 #189

I think the better thing to do is have a day job and just buy bitcoin from what you earn. Then do some research on how you can make your bitcoins grow by virtue of investing them. There are really many ways to make money from bitcoin, it is just a matter of finding out what you are good at and offering it in exchange for a bitcoin.
but those people who do not have day job, or those who are disable and cannot get a day job then it is good opportunity to make money from bitcoin by collecting it, so it is worth to spend time and collect some bitcoin.

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January 19, 2017, 11:49:47 PM
 #190

I think the better thing to do is have a day job and just buy bitcoin from what you earn. Then do some research on how you can make your bitcoins grow by virtue of investing them. There are really many ways to make money from bitcoin, it is just a matter of finding out what you are good at and offering it in exchange for a bitcoin.
but those people who do not have day job, or those who are disable and cannot get a day job then it is good opportunity to make money from bitcoin by collecting it, so it is worth to spend time and collect some bitcoin.
Yes it is true, this day is not easy to get a job and maybe there are another problems that makes them difficult to get a job. nah, if they know how to collecting bitcoin, im sure they will say worth it spend time for collecting bitcoin.

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January 20, 2017, 02:35:29 AM
 #191

Yes! It is because by simply joining some signature campaigns or even buy and sell you can earn bitcoin. You just sit in front of computer and you're already earning some of it. But it's quiet long process buy I'm sure you'll be glad at the end. Smiley

For some, yes, they could earn big. But most of us earn only dust in signature campaign, it's not worth the time sitting in front of your computer for more than 12 hours just to participate in signature campaign. Buy and sell is good, but sometimes your products is not the one that the community is looking for so it's not worth the time too to go full time in doing those. Cost of living in each country is not the same. Third world country might benefit from earning dust but for sure in rich countries, it's just a cent.

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January 20, 2017, 02:40:40 AM
 #192

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?
Do you mean that instead of a daily job, you spend your time earning Bitcoin through things such as a signature campaign or gambling? If that is what you mean, then no. It is definitely not worth your time. It is smarter to keep your daily job and use the money that you save to buy Bitcoin. This way, if anything happens to Bitcoin, you will still have a job and be able to support yourself and/or your family. There just isn't enough ways to earn Bitcoin to make it profitable to only do that. I have never heard of anyone that has done that and hopefully you won't be the first.
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January 20, 2017, 05:53:09 AM
 #193

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?
Do you mean that instead of a daily job, you spend your time earning Bitcoin through things such as a signature campaign or gambling? If that is what you mean, then no. It is definitely not worth your time. It is smarter to keep your daily job and use the money that you save to buy Bitcoin. This way, if anything happens to Bitcoin, you will still have a job and be able to support yourself and/or your family. There just isn't enough ways to earn Bitcoin to make it profitable to only do that. I have never heard of anyone that has done that and hopefully you won't be the first.
Doing signature campaign does not really need a lot of time to do it and you can always do it in your spare time. Also, you have to consider your earnings as well, it's not worth not to look for a decent job. Further, gambling does not guarantee you profit, so do not consider that as a source of income. You might be lucky now, but in the long run you will be tested.

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January 20, 2017, 06:00:21 AM
 #194

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?
Do you mean that instead of a daily job, you spend your time earning Bitcoin through things such as a signature campaign or gambling? If that is what you mean, then no. It is definitely not worth your time. It is smarter to keep your daily job and use the money that you save to buy Bitcoin. This way, if anything happens to Bitcoin, you will still have a job and be able to support yourself and/or your family. There just isn't enough ways to earn Bitcoin to make it profitable to only do that. I have never heard of anyone that has done that and hopefully you won't be the first.
Doing signature campaign does not really need a lot of time to do it and you can always do it in your spare time. Also, you have to consider your earnings as well, it's not worth not to look for a decent job. Further, gambling does not guarantee you profit, so do not consider that as a source of income. You might be lucky now, but in the long run you will be tested.

I agree on with the view towards the Signature campaigns. Rather going into gambling one can learn and understand trading. It is way better than Gambling and if you have the grip of pushing and pulling BTC in and out, then you will definitely make some decent money by doing it regularly. Signature campaign may give you part of your principle amount towards trading and gambling, but in the long run Trading is the best option.

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January 21, 2017, 07:09:55 AM
 #195

See , collecting Bitcoin is good . But collecting bitcoin rather that have a regular job is a bad idea.
I would suggest you to first apply for a regular job , use a part of its salary to buy BTC and then convert them back when the prices go up.
Keep repeating this process and a day will come when you will have your own business setup .
Even Bitcoin  Forum does not require much time to spend on.
Its can be done withing 1 -2 Hrs a day.
So that is pretty good.
Well its up to you, its you life .
Its just a suggestion.
Thankyou

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January 21, 2017, 11:05:23 AM
 #196

Actually, if you are really in that bad habit of collecting bitcoins from faucets then i would prefer to stop doing that and collect bitcoins from signature campaigns and other promos on this website
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January 21, 2017, 11:18:38 AM
 #197

Spending your time collecting bitcoin is really worthy! Just buy collecting bitcoin and saving it in your wallet will give you profit because as you can see, even though its market is volatile, we can say that it is constatntly increasing it's value as time goes by. But I highly suggest that you invest your collected bitcoin on some trusted sites so that it can earn more profit.
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January 21, 2017, 11:24:35 AM
 #198

Actually, if you are really in that bad habit of collecting bitcoins from faucets then i would prefer to stop doing that and collect bitcoins from signature campaigns and other promos on this website

The fastest way to collect bitcoin is through conversion. Convert your US dollar to bitcoin that way you can have at least 1 bitcoin in your wallet. With the rapid and simultaneous increase of bitcoins price it is still expected to grow more over the years. This 2017 bitcoins price is seen to rise up to  2000$ by the end of December if not hampered by the release of fiat digital currency by the Republic of China on September.
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January 21, 2017, 12:02:39 PM
 #199

Actually, if you are really in that bad habit of collecting bitcoins from faucets then i would prefer to stop doing that and collect bitcoins from signature campaigns and other promos on this website

The fastest way to collect bitcoin is through conversion. Convert your US dollar to bitcoin that way you can have at least 1 bitcoin in your wallet. With the rapid and simultaneous increase of bitcoins price it is still expected to grow more over the years. This 2017 bitcoins price is seen to rise up to  2000$ by the end of December if not hampered by the release of fiat digital currency by the Republic of China on September.
There would certainly be no major effect for bitcoin, I'm sure about that because digital currency created by the government cannot beat the decentralized system of bitcoin. It's different and we are not govern by the rules of the government, and we are free to use our bitcoins anytime we want.
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January 21, 2017, 12:28:27 PM
 #200

I can give concrete example for such question.
When I started to collect bitcoin, its value was about $300, as I remember it.
Recently, value of bitcoin jumped to the sky, it was over $1100.
So, just by collecting bitcoin and keeping it in the wallet, and doing nothing, I earned almost 4 times more money Smiley

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