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Author Topic: Is there a place in the world you could live like a king via sig campaigns?  (Read 7474 times)
so98nn
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March 24, 2022, 05:06:43 PM
Merited by The Sceptical Chymist (4)
 #61

If you ask me then it’s hell lot of money to be spent on private island.

I am not sure why peeps here are thinking about house or apartment here cause if you gonna live on an island there would be huge shacks made out of woods, some sand and be surrounded by natural beauty.

It would cost literally nothing. If you hire some workers out there who would be living peeps from nearby village then would take as small as 100-500 bucks a month to serve for your needs. Believe me they won’t be having any desire for huge sum of money.

You can have daily local food from islands heart, more fish less veggies all cheap.

I think you will end up saving huge sum of money overseas account after spending enough money on the island lavish life.
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March 25, 2022, 03:19:21 AM
 #62

Speaking from the Philippines here. $1,500 per week makes $6,000 per month. In Philippine peso, that would be ₱313,491.01. That's more than enough for a group of 5 to live comfortably. Very comfortably, I cannot be sure as the level of comfort varies from one personal standard to another. However, that's a huge amount already. Our president only receives a salary of ₱411,382 - ₱423,723 per month.[1] That's only $8,000 give or take.


[1] https://www.imoney.ph/articles/how-much-do-philippine-politicians-earn/

That could actually put up a good business and the whole family could live comfortably. That amount could supply and sustain not just the needs of the family but also their wants. The cost of living in the Philippines isn't too cheap but not as expensive as in other Asian countries. If a family could earn that much, they could travel and enjoy life while doing a bounty or signature campaign.

Yeah, many are saying the Philippines is actually not that cheap. But, you know, as in every other place, there's the divide between the highly luxurious and the not-so-expensive. The latter doesn't necessarily mean uncomfortable and without class. They may not be the 5-star type of accommodation, for example, but they're excellent. And with $6,000 a month, to borrow from Dirty Heads, you're gonna be on vacation every single day. And that's whether you love your occupation or not.

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March 25, 2022, 01:45:17 PM
 #63

It depends on the life style that one lives and planning that can make one to sustain very well with such amount,  if one can be able to spend on reasonable and important things , make some little savings from every $1500 that comes in I think it is possible to live good life in the region I come from (Africa). It is always easy for anyone to live good life from his/her average allowance if the person is well discipline in spending money.

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March 25, 2022, 02:05:33 PM
 #64

$1500 a week is so high for people to earn weekly this already can give more comfortable life to anyone and it can  able to sustain the needs of  5 or even 10 person. Even if we say that the price of oil also inflation is so high still the person who earn $1500 a week will not get affected on it and mostly they can buy what they want for that amount they receive weekly. If that amount will not be enough for some people I don't know how they spend their money but one thing is for sure here that is totally huge and not everyone can achieve that salary.


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March 25, 2022, 02:42:46 PM
Merited by The Sceptical Chymist (8), Bttzed03 (1)
 #65

I don't know what happened to @nutildah or why he hasn't been online for months but, if you can still talk to him, you can ask for his feedback from living here in the Philippines. I know he spent time in the Southern part of the country which should generally have a lower cost of living than us in the North.
There was an episode between nutildah and a staff member that - supposedly - made him cease[1] his activity on the forum. You can read more about it here[2].

So I'd love to know how far campaign earnings ($1500 per week for 5 people in my example) could be stretched.  Are there actually places out there where one could not only survive but thrive by earning bitcoin on the forum?
One could argue what is a "lavish lifestyle" since it totally depends on the people and their interpretation of it. Still, I got no doubts that in some parts of the world it's totally doable living with $1500 - +- 1.362 € -  per week, even if we were talking about a group of 5 people and considering that they share the same space, which directly means that they will share at least their property expenses (electricity, ISP, water, heating ...) and food at least.
Let's take for example the cost of living in Portugal[3] which numbeo states that a single person average monthly spending is 531 € (no rent included). I believe that this number is a bit higher, especially on city centers, but considering that you're sharing most of your fixed costs I'll go along with it. That's 2,655 € per month and if we add rent - a house for 5 people in a decent neighbourd in Porto hovers around 2.000 € - so that would make the total monthly cost being 4,655 €. This means that from the total of $6500 USD monthly - +- 5,904 € - you would only be left with 1.249 € ($1376) - about 249,8 € (+- $274) for each person - to spend on frivolous things/events which, at the end of the day, isn't something that would provide to be very sustainable, at least from my point of view.

One could argue that the group could simply buy a house in order to remove that 2.000 € rent - by contacting a loan which would make them pay a lower value to their bank debt - but I assumed that they've just gathered and don't have the needed funding for that endeavor...

[1]https://bitcointalk.org/index.php?topic=5368871.msg58373662#msg58373662
[2]https://bitcointalk.org/index.php?topic=5368871.0
[3]https://www.numbeo.com/cost-of-living/country_result.jsp?country=Portugal

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March 25, 2022, 08:37:10 PM
Merited by The Sceptical Chymist (3)
 #66

Brazil - 1500$ weekly, 6000$ monthly. Not possible to live like the king of the world, but possible to have a decent, confortable middle class life.

On the other hand, if it was a couple instead a group of five, that amount of money would be enough to raise financial standards considerably, having access to the high quality goods and services disponible around.

Anyway, if those five people are also investors and use their signature campaign wages to grow their holdings along the time, instead of spending everything, it's possible to improve life conditions through passive income within time.

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March 25, 2022, 10:01:00 PM
 #67

$1500 a week is so high for people to earn weekly this already can give more comfortable life to anyone and it can  able to sustain the needs of  5 or even 10 person. Even if we say that the price of oil also inflation is so high still the person who earn $1500 a week will not get affected on it and mostly they can buy what they want for that amount they receive weekly. If that amount will not be enough for some people I don't know how they spend their money but one thing is for sure here that is totally huge and not everyone can achieve that salary.


It would be always on everybody's dream on earning that big on weekly basis which would really be putting you on a situation specially on countries which does have cheap cost of living will really give

out that kind of abundance on which you could buy on things that you do want or neither purchase some vehicle if you do know on how to save up for later.Living out with 5 person should be enough
here on my place even with just 1-week earning, how much more for a monthly income? The question is, would it happen?  Cheesy
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March 25, 2022, 11:39:02 PM
 #68

1. I think it won't be enough to live on 1500$ for 5 people for all living expenses, expenses, electricity, water, gas… With inflation rate so high around the world, I'm afraid it won't  secure your life anywhere, even if 5 people save maximum cost. 

2. I think a signature campaign is not the way you should choose to maintain such a life.
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March 25, 2022, 11:53:01 PM
Merited by The Sceptical Chymist (3)
 #69

As someone who currently lives in the Philippines, a third-world country, earning around $1500/week could make you like a millionaire in the country. You could purchase a comfortable condo unit within the heart of the city, get a brand-new car, and enjoy majority of all the high-end restaurants without worrying too much on your expenditures. You can even enrol your son/daughter in a high-quality university. Basically, you can almost live like a king if you have such purchasing power and income generated from such.

I guess this idea follows to all third-world countries in the world. Personally, if I were given the chance to participate in ChipMixer, I would just open a business and most likely live comfortably for the rest of my life.

R


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March 29, 2022, 05:07:49 PM
 #70

I think i can do it from my Country Bangladesh cz in this country you can rent a expensive house in just 300-400$ also living cost also will luxury if you cost more 500-600$ per month
Oh....that sounds so nice.  As I think I mentioned earlier in this thread, I talk to my local gas station owner all the time, and he's from Bangladesh.  I always ask him what the weather's like over there, and he always tells me it's hot.  It's amusing to me that he hates the cold so much in our state, as I'm sure it's much different than Bangladesh--only sort of amusing, because I've lived here all my life and I can't stand it either.

And wow, that's a very low cost of living.  You can't rent anything but a room in a boarding house for $400/month, and probably not even for that little money.  I'd say the least you'd have to spend is $500/month (depending on what state in the US you're in).  I swear, these fantasies of emigrating to a milder climate and living off the proceeds of bitcoin hustling are growing stronger by the day.  Anyone interested?

I think first word country people need to travel a bit and realize how cheap living could be.
Some do, and I certainly would if I had enough money.  Unfortunately I don't, nor do I have anyone to travel with (sadly).  I'd love to check out India and the surrounding countries, and some countries in South America as well--Brazil and Belize in particular.

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March 29, 2022, 06:25:52 PM
Merited by JayJuanGee (1)
 #71

Ideally,  I've come to also think about the middle east in the United Arab Emirates (UAE) if the religion and culture there will not be a major concern of choice, but deriving a good living in the region will be of a good advantage as the economy situation is fast growing and earning a living is pretty well affordable over there, once you're able to manage up with the little earnings from the campaign and remember to always budget a plan ahead by including miscellaneous.

Knowing all these and having a desiring taste for UAE, their currency which is diram is far below the value of one dollars when converted. I choose to suggest this region as well because of the booming economy over there which allows cryptocurrency to fully operate along with their regulations on a smooth ground. many investors have soughted for UAE following recent war ongoing between Russia and Ukraine, because the digital economy, finance and business technological advancement is steadily increasing and well accomodating for any showcase of the economy. You can as well survive along with family members on a weekly pay of $1500

Always remember this, you don't have to live in a place to acquire a living experience before you can conclude on relocating there, why is because, anywhere you wanted to live comfortably must incure a cost of living lesser than where you're coming from. This will make it affordable to adapt and sustain a living in a new environment, and as such i recommend UAE "Dubai".

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March 29, 2022, 06:36:52 PM
Merited by JayJuanGee (1)
 #72

I can assume that if you live at my place the signature campaign revenue of $6000 per month seems more than enough for 5 people. That's a huge amount when converted to fiat in my country which is around Rp. 86,000,000 and maybe that's the same amount to pay more than 15 teachers in public schools per month. For a simple life and lifestyle then I'm sure $6000 won't be spent for 5 people in a month, but maybe it will never be enough for those who have a luxurious lifestyle. At least if I can earn $6000 per month, then I can build a house in just 3 months.

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March 29, 2022, 09:05:37 PM
Merited by JayJuanGee (1)
 #73

I guess this idea follows to all third-world countries in the world. Personally, if I were given the chance to participate in ChipMixer, I would just open a business and most likely live comfortably for the rest of my life.
I think i can do it from my Country Bangladesh cz in this country you can rent a expensive house in just 300-400$ also living cost also will luxury if you cost more 500-600$ per month
Oh....that sounds so nice.  As I think I mentioned earlier in this thread, I talk to my local gas station owner all the time, and he's from Bangladesh.  I always ask him what the weather's like over there, and he always tells me it's hot.  It's amusing to me that he hates the cold so much in our state, as I'm sure it's much different than Bangladesh--only sort of amusing, because I've lived here all my life and I can't stand it either.
The simple idea that a campaign running in a corner of the World Wide Web is capable of having such a deep impact in people who live in third world countries is just mind-blowing to me, in a very positive way. We're talking about people that no matter the amount that they receive from the campaign, it ends up meaning a world to them and the amount deeply impact their lives. More importantly it has a direct effect on the ones they care about (family for example). I'm not saying that the impact on people living in more developed countries isn't something to also be happy about, I'm just stating that these campaigns are providing sustainability - to a bigger degree in some countries - to a household somewhere in the world ...

I hope, however, that people who live in these countries do not rely solely on this (and other alike) campaigns - in the event of their closure it could mean that some dark times could also come to some users. Again, never put your eggs in only a single basket!

Some do, and I certainly would if I had enough money.  Unfortunately I don't, nor do I have anyone to travel with (sadly).  I'd love to check out India and the surrounding countries, and some countries in South America as well--Brazil and Belize in particular.
Does the idea of solo traveling seem interesting to you? I've got a couple of friends that went to some countries in Europe all around, not because they didn't had company, but simply because they enjoy having the liberty to go "out there" and explore/feel the world all by themselves. It's quite a rewarding experience to be honest.
Also, I'm a bit sad that you didn't mentioned Portugal. It's got an amazing weather and the people are very welcoming and friendly. Here's hoping that you might consider at least one stop in it. Wink

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March 29, 2022, 10:55:36 PM
 #74

The simple idea that a campaign running in a corner of the World Wide Web is capable of having such a deep impact in people who live in third world countries is just mind-blowing to me, in a very positive way. We're talking about people that no matter the amount that they receive from the campaign, it ends up meaning a world to them and the amount deeply impact their lives.

Exactly! It is just truly a privilege that I am currently participating in campaign signatures due to their vast impact on my financials. Given that the nature and value of our currency in our country is relatively low compared to the currency of first-world countries, every bit of dollar counts as it can purchase you with loads of things.

But truly, it is just stunning to experience this kind of privilege and blessing at the same time- which I feel like I have the duty to share this method to my friends as it can impact their lives as much as it impacted mine.

Quote
I hope, however, that people who live in these countries do not rely solely on this (and other alike) campaigns - in the event of their closure it could mean that some dark times could also come to some users. Again, never put your eggs in only a single basket!

I agree with you. Again, treating campaigns as a form of your primary income is putting oneself in a situation where the sword of Damocles is constantly hanging. It is too difficult to imagine if a person quits his current job in exchange for something that is not temporary in nature.

R


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March 30, 2022, 01:48:49 AM
Merited by JayJuanGee (1)
 #75

Looking at all these posts and especially at some number links, I wonder why the assumption is that a poorer country will be way cheaper than a medium emerging economy and that you need to go to the end of the world for it. Spent a bit of time picking the cities mentioned and I just throw an eastern Europe capital against it..

You can't judge from these sites. These sites usually pick the highest. Cost of living depends on where you choose to and how you live. main part of city? Rent will be higher. Choose few kms from city, rent will be significantly lower and still close to city.

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That being said, I'm really curious, leaving the whole earning from a signature thing aside, have any of the responses made you think of moving to another country assuming you would get a real long-term job there paying this amount? Let's say you get an offer for twice this, 2400$ a month, would you consider it even a bit?

That would be stupidity, here in India high position employees get paid 50k-70k rs/month ($650-$900) in 9-5 jobs.

Moving seem ideal when you have some savings and are earning interest. You can live off that interest in cheaper countries.

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March 30, 2022, 03:48:28 PM
 #76

1500$ / week in my country is already very extraordinary for small people, middle class because 1500$ is income earned in 1 year,
if 1500$ x 4 (1 month) 1 person joins the signature is more enough to finance 1 family of 4-5 people for up to 1 year even more if used within reasonable limits, not for lifestyle

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March 30, 2022, 10:49:01 PM
Merited by JayJuanGee (1)
 #77

1500$ / week in my country is already very extraordinary for small people, middle class because 1500$ is income earned in 1 year,
if 1500$ x 4 (1 month) 1 person joins the signature is more enough to finance 1 family of 4-5 people for up to 1 year even more if used within reasonable limits, not for lifestyle
If you do live on third world countries.
https://worldpopulationreview.com/country-rankings/third-world-countries

Then for sure you would live abundantly or extravagant with these earnings on weekly/monthly basis but of course it wont be
something on buying everything as you like but this is way more than you could achieve on a normal phase of your live or opportunity.

R


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March 30, 2022, 11:28:02 PM
 #78

Here in the Philippines , the $1500 per week is big enough. You can rent a house then invest for buying some houses in the future. You can easily get what you want about this and you live like as a king. But always remember you need to find some place that you can safe.

It is actually big enough for me, like we knew how hard it is to live in a third world country where earning like this kind of weekly income would be needed a multiple kind of job or consider a side hustle to achieve this amount. This is definitely every Filipinos dream to earn such kind of amount because you can really enjoy your life in this kind of earnings and I do wish I could earn this kind of big amounts too. Well, that's not impossible if we are all going to make every single productive.
Truthfully , it's hard to us to gain that much salary and it's only for campaigns. But I think if we use our knowledge in many aspect in this forum that kind of salary still can't get . Maybe if he is in professional in many ways. I hope someday someone guides me to improve myself here in forum. Then if I got 1500$ weekly , I say that I surely can live like a king only in my country because the living cost here is very minimal.

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March 31, 2022, 12:44:10 AM
 #79

This a bloody hell of racks, in my country Nigeria, that amount sums too 4,200,000 million naira in five week's.
If you come to my Country where they do worship money, I think you'll have a comfortable one here in the right areas like Abuja, Largos and Uyo.
And Also you're indirectly a king, you should leave  the life of two king's, cause that's a huge sum.
Although if I get this, sure leaving the trenches  Grin
Yeah, you can leave double of the life you want down my ends.

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nur rochid
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March 31, 2022, 02:40:03 AM
 #80

$1500/week is income which when measured by the standard of living in my country is more than enough, it can even be said to be a rich person, especially if it takes place regularly in one year. If I imagine it, of course with that large income I can diversify it in the form of property which may later be used as passive income. That way I will get two benefits, where the property price will be higher, on the other hand I will get rent, maybe monthly or yearly. and what needs to be noted is that my lifestyle must remain simple, so that the longer it takes to achieve financial freedom, because family financial management also determines our future.
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