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Author Topic: Is this basically just another way to make money?  (Read 2673 times)
Lonthe
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June 10, 2018, 01:58:04 PM
 #441

If another way to make money would be a lot of opposition from various parties officially and developed countries like Japan or Germany would never legalize bitcoin, I'm sure that bitcoin can last for a long time because it has clear bikes.

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alexsandria
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June 10, 2018, 02:10:04 PM
 #442

There are a lot of businesses people get into just to make money. They way they do it and how ethical they are on the way to success is yet another issue.
Generally the more people are interested in btc, the more development etc and the more adoption with time so I wouldn't necessarily see it as a bad thing.

Another thing is all the scams and ponzi schemes that continuously pop up. Not only people lose money but the reputation of crypto's is being damaged even though it's not the crypto's fault.

Yes, simply put, it is a way to make money thru investments. Making sure you know how to play the game in investments. Make sure to know when to invest and sell in the right time. Know how to strategize.

jeraldskie11
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June 10, 2018, 02:19:11 PM
 #443

Yes it is the best way to gain and make money through investment, trading, mining even in doing participating in bounty campaign and i believe they've created cryptocurrency because they want to help a lot of people to earn money and i can say it is a big opportunity to us that we find this job easier that we can and we are so lucky and grateful that we are working here.

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Jembut Ireng
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June 10, 2018, 02:33:16 PM
 #444

Yes it is basically another way to earn mony. I still want to think of it as a phase, before it gets enough and support, it starts buying and selling so that it starts to be a real alternative. Its a step by step increment.
If bitcoin does not have a bike then in a day even less the price will be zero, but we can see that the price still survive and can rise anytime.
ModGirl
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June 10, 2018, 08:57:28 PM
 #445

There are a lot of businesses people get into just to make money. They way they do it and how ethical they are on the way to success is yet another issue.
Generally the more people are interested in btc, the more development etc and the more adoption with time so I wouldn't necessarily see it as a bad thing.

Another thing is all the scams and ponzi schemes that continuously pop up. Not only people lose money but the reputation of crypto's is being damaged even though it's not the crypto's fault.

Yes, simply put, it is a way to make money thru investments. Making sure you know how to play the game in investments. Make sure to know when to invest and sell in the right time. Know how to strategize.

Yes bitcoin is best source of generating money, you can get huge amount of profit if you will deal it properly, most of time we buy at low and sell at high so this is only rule we use for bitcoin money making, we can trade, we can invest but don’t forget to buy at low and sell high, doing opposite to it can get you lose, don’t panic just have patience so nothing is more profit worthy than bitcoin.
DiabolicAnt
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June 10, 2018, 10:41:31 PM
 #446

Yep most people just use the romantic idea of making the world better with block chain. I was kind of disappointed once I realized it for the first time, but I understand there are lots of people who actually see it not just as a way to make money. It gives me hope.

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Xising
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June 10, 2018, 11:49:03 PM
 #447

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?

Good read mate, and yes, I agree with you on that. It's more than just another currency that is more advanced and technologically-inclined as its traditional counterparts, but it can also be compared to stocks that can be invested upon or traded. It's the beauty of this market and of cryptocurrencies, in general. It can be used in many different ways, and all of which, could be used to generate money. However, since the market is just a very unpredictable one, it may take time for one to actually be successful in it.
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June 10, 2018, 11:59:52 PM
 #448

From my understanding it is purely upon the users mind. If he considers it an opportunity to make money it is possible, and in the similar way if he consider it an investment then it can be preferred as an investment for long term and short-term. Everything is completely on the particular user who make use of it. Importantly if there is no earning opportunity this could have never gained such an large usage in the short term.

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chikading2016
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June 11, 2018, 12:50:00 AM
 #449

From my understanding it is purely upon the users mind. If he considers it an opportunity to make money it is possible, and in the similar way if he consider it an investment then it can be preferred as an investment for long term and short-term. Everything is completely on the particular user who make use of it. Importantly if there is no earning opportunity this could have never gained such an large usage in the short term.
I believe this was a big opportunity to gain, buying such thing is really a big opportunity today we can really gain on the near future if we buy on the cheap price. I think the bitcoin is really dropping this time and if we are going to buy on it today and hold we can maybe gain a huge amount of profit.

anavir
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June 11, 2018, 01:27:16 AM
 #450

Basically yes,Through investing bitcoin you will earned profit if you are patient because bitcoin value is volatile.Another way of making money through bitcoin is joining in signature campaign and also,joining bounty.

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meanwords
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June 11, 2018, 02:29:31 AM
 #451

Over this past few years, cryptocurrency has been treated a store of value rather than a means of transaction. The sad truth is that people tend to join the train not because of the potential of Blockchain, but because the profit that they will gain in here which is a fact that you could earn thousands of dollars here, but I think that's how Bitcoin survive over this years. I don't deny that I'm also here to earn some cash, but, as I am planning to be a developer which is why I am also interested in the technology of Blockchain.
BLAST2MARS
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June 11, 2018, 02:59:13 AM
 #452

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?



I somehow feel the same way. I can't be proud saying that I got rich from crypto. I can't say it loud because when someone says that I got it just from pump and dump then I will feel utterly guilty. I really hope that the projects that I'm really supporting would be useful someday and not just some kind of a trading tool.
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June 11, 2018, 05:00:26 AM
 #453

Yes, you can start to be part of bitcoin by joining bounty or signature campaign to make money
but patient, effort and knowledge about bitcoin is needed for you to get btc and make it grow.
nelsledma
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June 11, 2018, 06:52:03 AM
 #454

Yes it is basically another way to earn mony. I still want to think of it as a phase, before it gets enough and support, it starts buying and selling so that it starts to be a real alternative. Its a step by step increment.
I must say that this is not only a way of making money but it is something which this world has never seen. It is not only helping the people in making of a huge earning but along with it, it has also introduced us with a unique and modern idea of the currency system which we were waiting since a long time. I am very much sure that the crypto currencies will make a very good name in the entire world in future.
jonatuzc
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June 11, 2018, 07:35:13 AM
 #455

traders by utilizing coin price movements and you can take advantage of it. And of course with you trading and being a trader should have a basis for profit in the world of commerce
The way should be anyone but you have to make sure that you are using a trusted currency or not? It should be a valuable currency and we know that in crypto market the most valuable cryptocurrency is the Bitcoin and this is another way to make huge profit.

You can not make huge profit in any other business but only in Bitcoin because it is the most valuable and profitable coin and is responsive to people.
manismanja
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June 11, 2018, 09:49:29 AM
 #456

yes you are right with the existence of cryptocurrency such as bitcoin and some other coin it seems that a very good step and very suitable to get the money.

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BaraxLo
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June 12, 2018, 05:41:13 AM
 #457

Many people came in crypto with their own projects just to fool pothers. Thus you should choose coin to invest after research.
Yes it is another and in fact a very good way to earn easy money. The technology has given financial independence and freedom and almost all the countries across Europe and all the states across America have been using this technology for various purposes as medium of exchange and general acceptability. Furthermore, there is no limit on money investment and one can invest any amount of money in the crypto to earn either short run or long run.
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June 12, 2018, 05:48:26 AM
 #458

I too am concerned that it is just becoming another way for people to make money and that is all people are concerned about, which I think is not the objective of crypto the objective was to create a new system of money not a way to make money in the old system. Although I think a lot of different avenues have opened up at new ways to make money which is really good but making fiat should not be a reason why your in crypto at all....
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June 12, 2018, 06:04:13 AM
 #459

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?

I suggested that you must to engage in bitcoin. It really helps you a lot. Many ways of earning huge of bitcoin in the forum. There are many bounty's and campaign that giving different task to the participants and after completing the task they will pay you. Even this is not fast and easy money but you will surely earn. Just put some patience and hard working to this, thus in return all of this will be worth it.
Ungrateful or not maybe you would end questioning your Moral concern, like why you invested in this crypto or Bitcoin if you have doubt on moral ground. Investment on crypto currency trading market would  share some degree of " the love of Money???, some say, it is legal gambling because of the risk factors involved in trading. yes, it also safe to join the campaign, in this way, you would not involved in any investment except you time and effort doing the job required on the campaign.
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June 12, 2018, 06:04:39 AM
 #460

yes you are right with the existence of cryptocurrency such as bitcoin and some other coin it seems that a very good step and very suitable to get the money.
Because bitcoin really spreading it's good features to the users. Aside from that it is really another ways to make money by investing in bitcoin we can either hold it long term.
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