Bitcoin's profit - page 24. | Bitcointalksearch.org

jimn

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

You can't compare Bitcoin's earnings with illegal deals like selling drugs and similar purposes. Bitcoin is legal and you can earn a lot by trading and holding without any risk (unless the risk that the price go down which is normal).

roseybanez

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Yes, i could trust that is the true man. I saw many guys in the last year. His capital is just about 5k$ but for now it has becomed 100k$ already. So Bitcoin is giving the huge profit to people is real.

Vladv26

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

This is a big misunderstood thing. It is not so easy to make profit with bitcoin because the price is already very big and you have to invest huge amount of money in order to get big profits.

You cannot compare an investment in bitcoin with a drug dealer. A drug dealer has to do a lot more work than an investor in bitcoin. It has to find a place to buy drugs and persons to sell the drugs and more important he can anytime be caught by a cop and he goes to jail.

An investor in bitcoin works from anywhere without any risk because he does a legal thing and he does not have to worry that one day cops could arrest him

bitgov

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No, that is not true probably but it could be in 2040/2045 when whole amount of btc will be mine and price will be just unknow.

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Quote from: Gozie51 on November 05, 2017, 02:10:05 PM

I would not talk about drug dealing nor weaponary because these are not considered legitimate businesses. So, for real estate and stock, I think bitcoin has surpass their profit on the life of a single individual. Bitcoin has shown that it has the capacity to be a money spinner other than stock which is very minimal in profiting an individual.

In percentage terms, no other asset class even comes close to Bitcoin. But most people would have just dipped their toes into Bitcoin. Leveraging yourself to buy a house is considered normal. Leveraging yourself to buy bitcoins will be considered crazy. So for most people, absolute profit will be higher from other asset classes.

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I would not talk about drug dealing nor weaponary because these are not considered legitimate businesses. So, for real estate and stock, I think bitcoin has surpass their profit on the life of a single individual. Bitcoin has shown that it has the capacity to be a money spinner other than stock which is very minimal in profiting an individual.

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

No i don't think that's true in any case . Bitcoin is rising high but that does not indicate that bitcoin is anywhere near the profits made by drug dealing , weapon dealing or real property . People make billions and trillions out of drug dealing but not through bitcoin . It would take so much investment for attaining such huge goal . Also the supply of bitcoin is limited which also limits it to get billions and trillions of money out of it .
The use by drug dealing and weapon dealing is way too much profitable ,huge and dangerous .

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

If it is said by a certain person, like your neighbors or a stranger without a proper basis then it is not actually true. It is just a statement of one person about bitcoin and drugs and etc. But maybe it's true since bitcoin is being compared to gold, but drug dealers also have higher profits specially those who makes big transactions. It might be possible but it still depends on each others positions in their way of making profit.

anhhung409

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If at the present time it is true that its price has surged unexpectedly and no one anticipates this. Besides, investing in Bitcoin is not illegal so it is the easiest way to make money now

Proton2233

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Comparing the profit you'll get from bitcoin between those kind of job is probably way too far. We all know how big you can get from dirty job like drug dealing. So the answer is NO, because earning bitcoin is decent. It only looses reputation when it is used in illegal ways. And I think your profit will depend on your determination and willingness.

Bitcoin is not losing its reputation if it is used in illegal business. You do not come to mind to abandon the dollar. It is used by all without exception criminals. It's governments and banks disseminate information about what bitcoin is used for illegal transactions. I to such statements are skeptical.

keenjester

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Comparing the profit you'll get from bitcoin between those kind of job is probably way too far. We all know how big you can get from dirty job like drug dealing. So the answer is NO, because earning bitcoin is decent. It only looses reputation when it is used in illegal ways. And I think your profit will depend on your determination and willingness.

But after 7 years, your profit x 7000 times? That's not enough ? I'm strongly believe that 7 years are not enough for drug dealers to make money much as Bitcoin's holders.

Kronos21

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The percentage of the profit from investing in bitcoin is indeed higher. Moreover, it is not illegal business. But there is a danger that all the drug and weapons traffickers can legitimize their income from the illicit trade in bitcoin. It is certainly bad, but the fact that it will increase the price of bitcoin that's for sure. Illegal money will help to make everyone who owns bitcoins.

sapnu

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

It varies, i think. Indeed, the profit that the users especially the investors are earning is huge compared to most of the regular job's salary but it will only be big if the investment is also big. Simple as that. If you will invest huge amount of money into Bitcoin, ofcourse, the profit will also be high.

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Can you should not be saying / comparing bitcoin's profit with drug dealers, I think that's a bit less worth to look. Undecided

Well, it's true.. that bitcoin's profits can compete or even higher than other efforts to make a profit, but it's depends on the ways people to earn bitcoin itself till makes a lot of profits. For people who are more experienced, already well versed and mastered various ways to gain profits from bitcoin, of course bitcoin incomes will be higher than any other business or other tangible efforts.

sheilasekarbumi

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Look like there are many opposite opinions in this topic, some said it's true and some said it's only a gossip but i think it could be true if people held bitcoin since 2010. 7 years and the profit is multiples 7000 times.

millgates

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Yes of course, bitcoin also as worth as gold. American people see it, so a lot of american people buy bitcoin for their future, so when they are old they have good investment for fulfuil their daily life.

ss890

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I don’t think so thats true. I mean you are talking about the illegal things here which are always higher in the rates than anything in the world of dark market. Bitcoin is white collar thing and what price it has is all legal and less than than the dark market.

Anyway comparing it to these kind of things doesn’t seem to be appropriate way of doing it because they are different and bitcoin market works completely different way. So it may not catch up the prices of such things. Bump to this one.

nidacoinlove

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Gossips are good but such gossips are injurious to health. Cheesy

Come on guy it is not true. Whoever has told this to you was either joking or was totally unaware of bitcoin market and the rest of the markets like drugs, weapon and realestate. I don't know about the drugs but the weapon and realestate businesses are the one in which you earn in trillions. Bitcoin don't have the capacity to provide you such an income at the moment.

jatin729

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if you have invested your money in such a way where you will be able to make profit for eg, trading, long term investment
than Yes bitcoin profit is far more than any drug dealer , or any weapon dealer.
idk why you are comparing bitcoin with illegal activities

PagSure

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Quote from: butrsukumpanumet on November 04, 2017, 12:45:07 PM

I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Well if you put a big amount of money in bitcoin then that could be possible but I think drug dealing and weapon dealers still has higher profit than bitcoin investors because everyday they have transactions and its not just small time.

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