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Author Topic: Is this basically just another way to make money?  (Read 2667 times)
outsider99
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March 26, 2018, 05:56:22 PM
 #161

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?
Yes it is basically another way of earn  money because  although you are only staying in your home you can earn money and gain because  of bitcoin
I agree with you, this is another way to make money, because this can be done anywhere, which is important there is internet access.
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March 27, 2018, 08:16:39 AM
 #162

I cannot fully agree with you. Yes, it may seem that everything in crypto is about making money out of nowhere. But the truth is that blockchain and various projects offer a great technology without which future is un-imaginable.

I agree with you it may seem that everything is all about making money but it can also be used for payments and faster transactions.
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March 27, 2018, 07:18:22 PM
 #163

Absolutely, it’s a unique and safe alternative way to make money.
Some people don’t know what should he do and some people always find an alternative way to get extra money by spending his extra time. It’s the great way to make money both taking extra and main way of income. By knowing enough knowledge any one can earn form it.

Without proper knowledge its quite impossible to sustain in this market.
In this field especially student can earn money beside his study because there no need more time to earn if a student able to invest some money.  I am a Job holder and spend my rest time and get handsome profit. That’s why I know why it’s a perfect place for the Job holder.
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March 27, 2018, 07:32:38 PM
 #164

I don't really believe that it is the game of some one must lose before you gain profit in Bitcoin business related activities but the of Bitcoin is created by the fources of demand and supply of the adopters.
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March 27, 2018, 08:16:01 PM
 #165

I don't really believe that it is the game of some one must lose before you gain profit in Bitcoin business related activities but the of Bitcoin is created by the fources of demand and supply of the adopters.
the world's quite a lot of financial pyramids, that come up with so much on the one-sole purpose. although I don't think BTC fraudulent project, but to date with the help of a huge number of cripto at its wallets , many users manipulates market, earning for yourself a great condition. and I believe that this is unfair .
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March 27, 2018, 09:31:44 PM
 #166

Hi, I have already invested in Celcius network, Salt lending, eth lend and want to invest in Welltrado. What do you think guys?
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March 27, 2018, 09:45:34 PM
 #167

Yes for those jobless this is their way to make money in crypto.Knowing that crypto is design for payment system it can be a source of income to sustained our daily needs.Always be positive thay digital currency would be stay forever to those who have nothing to earn they can earn here if they have knowledge to do in crypto.
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March 27, 2018, 10:41:08 PM
 #168

Yes for those jobless this is their way to make money in crypto.Knowing that crypto is design for payment system it can be a source of income to sustained our daily needs.Always be positive thay digital currency would be stay forever to those who have nothing to earn they can earn here if they have knowledge to do in crypto.
Even those people who have their regular job still they are making a very good money from trading bitcoin, they give some time to study the market and so try their best to invest their money in such  currency from where they can get a very good profit. But i think that bitcoin is even good for those peopel who have been retired from their job and now their only source of income is bitcoin trading.
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March 27, 2018, 11:00:13 PM
 #169

Yes for those jobless this is their way to make money in crypto.Knowing that crypto is design for payment system it can be a source of income to sustained our daily needs.Always be positive thay digital currency would be stay forever to those who have nothing to earn they can earn here if they have knowledge to do in crypto.
For jobless then it cant really be denied that it can really give you the chance on making money but doesn't really appropriate for you to rely on because we do know that this isn't really permanent unless if you do have developing skills and programming skills which would really suit you out into this crypto world. Making money would really be easier for you since cryptocurrency development is really on demand these days.

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March 27, 2018, 11:04:38 PM
 #170

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?
Interesting but remember that people has different perceptions. Some will use Bitcoin as a currency especially those whereas Bitcoin is legal on that ceetain country. But to those who are living on countries where it is not, they are more likely to engage on investing into it to earn huge profit which I think, is nothing wrong.Just do as you like, that's your money in the first place.
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March 27, 2018, 11:45:53 PM
 #171

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

At some point I agree with you. It was a perception from where you are standing and I respect you with it. I also loose and earn money through bitcoin and other cryptocurrency but on a minimal scale.   What I understand, this is the same thing happening in the real world. New companies is opening and they are looking for investor, that's franchising. Even legitimate network marketing also doing the same. New Reps are sort of new franchise owner in a lower scale. Teh same thing happening in digital world which is in cryptocurrency. As long as you involve in project that you believe and will provide an impact to the community. Go ahead, don't feel bad. This are legitimate company's that we have to support. Commerce in general is under the law of supply and demand. The same thing happening here.  So don't feel bad about it. Cheers mate.

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March 28, 2018, 01:16:10 AM
 #172

As of now, unfortunately due to certain circumstances bitcoin is unable to serve its purpose of being the currency of the future. And is now stuck to being an asset of investment. However, given the time, just until bitcoin matures in the market, I am very certain that bitcoin will be able to become a currency, no doubt.

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March 28, 2018, 01:54:55 AM
 #173

~ snip ~
Actually I never do invest right now with it comes in money I only invest my time and effort in earning through bounties and by that I can't lose anything maybe I lose my effort because there are some campaigns not given my total whole rewards but suddenly I earned well.
By simply following a bounty campaign you can already earn a pretty good income, but there are times when you will someday invest the income you earn, because if you want to earn better income is by way of investing. This is indeed another way to make money if you know to it.
Thats true, human needs every day will rise. and if you just rely on the free method I'm afraid it will no longer be enough for you. actually an excellent investment for your finances. if you're afraid of risk you can look for a low risk investment. by adding investment I guarantee your economy will be better, because there is additional income from it
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March 28, 2018, 02:24:49 AM
 #174

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?
Yes it is basically another way of earn  money because  although you are only staying in your home you can earn money and gain because  of bitcoin
Correct mate and it is proven that through bitcoin we can earn or gain extra money even you just stay at home or even you have a stable job you can make bitcoin as an asset for your another ways of investment.It really helps us a lot.

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March 28, 2018, 03:05:04 AM
 #175

Cryptocurrency is paving the way for a new kind of exchanges with utility tokens/coins as commodity. It has always been about losing and gaining money since ancient times. Everyday trades are about losing and gaining actually. When you buy something from the store, you lose money and the store gain profit. But you do get something in exchange for that money. In this world, it is cryptocurrency and many would rather chose it.
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March 28, 2018, 04:02:44 AM
 #176

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?
In actual when I was in starting then I thought that it is that thing which will generate Money but after 5-6 month I seen that here everything is a type of money rotation , one person get lost his money and another make that money .
For example if we buy a coin at high price then surely another one will sell the same coin at profit and if market get dumped with more no. Of sellers then what amount of the buyers then that results into only loss of the buyer who bought at high price .
So I was thinking about 3 years ago that I should exit from this field where money rotation is a part of game of money making platform but at another side I thought that it is that field who steal money from my pocket also , so I will not leave this field until I will recover not my money back but also with lots of profit Cool
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March 28, 2018, 04:20:33 AM
 #177

To be honest yes, but would you also pursue with us that someday crypto will be use in our daily lives just like money? Like buying a pack of bread in a bakeshop?

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March 28, 2018, 05:45:43 AM
 #178

There are many ways to make money, but where is the best place to make money? Now from all of us already know, in the presence of cryptocurrency we can make money much better than the income earned from offline work, that's how I feel. But anyway, we should not leave our offline jobs just because of bitcoin. Bitcoin for me is just enough to be an additional income and not the main ones.
I must say that there can be no other better way of making money as compared to that of making of money through any of the crypto currency and that investing of your money into any of the crypto currency is no doubt one of the best and the fastest ways of getting richer.

However, you need to do lot of home work before going for this as you can only do well if you are quite a learned man.
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March 28, 2018, 02:20:03 PM
 #179

Every trader or investor wishes to end up making profit after any transaction. The same principle applies to Bitcoin. It is another lucrative means to earn money. But there is more to Bitcoin than just investing into it. Holders and bullish like me, believe strongly that Bitcoin is the future. The era where most trading will be done with Bitcoin, both online and offline is yet to come. I suggest you read more into Bitcoin and you'll get to appreciate that there is more to Bitcoin than just investment.
I see reasons with the OP, but generally in the world, this is unavoidable. No one is supporting a project without expecting to get something from it and at the end the early adopters are always the ones with the chunk of it because they believed earlier while some just had to join at some point. The thing is everyone is here for the money, and that is the reason why we do business anyway, but that still does not change the fact that blockchain technology is the future.
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March 28, 2018, 02:26:10 PM
 #180

Yes, earning in bitcoin just another way to make money, That's I understand the question. Besides from your regular income that may comes from your salary or business, earning in bitcoin is just another way or in normal term it was an extra income for us.
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