BITCOIN SPENDING ON FOOTBALL TEAMS | Bitcointalksearch.org

South Park

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I am terrible at Fantasy Football!!!

Quote from: HaXX0R1337 on February 04, 2017, 06:55:39 PM

Quote from: South Park on February 04, 2017, 05:34:21 PM

Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

Not likely, but there may be some smart football players out there that have invested part of their salaries in bitcoin to secure their future once they are no longer able to play due to old age or injury, if they did that then they will even more wealthy.

Investing in bitcoin is not the prerequisite to consider yourself smart and professional football players earn a lot of money during their playing days and they will be hiring business advisors to carefully manage their money and investment and it is a know fact and they do spend a lot of money on luxury but now a days most of them are smart because they know that their playing career is short.

Don’t put words in my mouth I never said that a prerequisite to consider yourself smart is to invest in bitcoin, in fact many of the most intelligent people in the world have a particular field of expertise but that does not mean they know everything about every subject, someone may be a genius in physics but suck at making financial decisions.

LFC_Bitcoin

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I don't think football teamels currently or in the future will mine bitcoin no. There is so much money in top level football, bitcoin mining just isn't required.

bering

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Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

china teams has able to buying expensive players because they have strong investor who willing to spend a lot of money because their president is a soccer fans and wants to encourage the progress of soccer at there and as far as i know mining would not profitable anymore especially after 2nd halving so i have to say that this is impossible

nikona

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Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

I don't think so, but I'm sure one of the sponsors for some team have invested into bitcoins. The sponsor might be able to get good amounts of coins through BTC but looking at the current soccer market, its almost impossible for making players wages through mining alone. At least for the top 5-7 league's top flight.

olushakes

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Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

So all this is about your suspicions and not on any basis or facts to back it up simply because there are several mining farms in China which you could also say they have not been buying players or playing football prior to the creation of bitcoin? They have sources of finance even their jerseys sales alone is enough and moreso its only the big amount we hear not to talk of several small amounts as some player will virtually want to play for free just to build a career in football.

HaXX0R1337

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Quote from: South Park on February 04, 2017, 05:34:21 PM

Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

Not likely, but there may be some smart football players out there that have invested part of their salaries in bitcoin to secure their future once they are no longer able to play due to old age or injury, if they did that then they will even more wealthy.

Investing in bitcoin is not the prerequisite to consider yourself smart and professional football players earn a lot of money during their playing days and they will be hiring business advisors to carefully manage their money and investment and it is a know fact and they do spend a lot of money on luxury but now a days most of them are smart because they know that their playing career is short.

South Park

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I am terrible at Fantasy Football!!!

Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

Not likely, but there may be some smart football players out there that have invested part of their salaries in bitcoin to secure their future once they are no longer able to play due to old age or injury, if they did that then they will even more wealthy.

rvbtccom

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maybe in china football teams can invest with bitcoin mining add some earning and use it to pay players
but in others teams i dont think because
the mining project take long time be profitable.
and with my experience to be accepted like a prisedent of team you must have lot of money so you have a project maybe in bitcoin mining

FrueGreads

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Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

I really don't think that is happening. Top teams spend millions on salaries, and I can't even imagine the other expenses they have. They can't cover that by mining bitcoins. I'm sure bitcoins are used in sport, but I would say that it's for betting only. Don't know about "dark transactions", like corruption etc. Bitcoins could be used for that by some teams.

terrate

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Quote from: BitcoinGirl.Club on February 04, 2017, 11:15:51 AM

Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

this is not about the bitcoin.

but dark transaction might be happened on teams. (not bitcoin)

Cheesy

Wendigo

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No. They have investors and advertising rights/selling tickets that they earn money from. Plus professional players have wages in the millions and I can't imagine paying that kind of money from crypto mining alone lol.

BitcoinGirl.Club

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Is it possible that some football teams in the world mine bitcoin to buy players or pay their wages as its a good source of financing?
I kind of suspect china doing this because its a hub of mining farms!

Topic: BITCOIN SPENDING ON FOOTBALL TEAMS (Read 409 times)