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Topic: Earning a living with bitcoin? - page 125. (Read 158503 times)

hero member
Activity: 924
Merit: 1000
March 20, 2016, 04:23:58 PM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.

but it is not difficult and hard that someone earn to live on bitcoin nowadays when there are a lot of different ways on internet to earn with bitcoin. If someone is intelligent he can earn in any situation with any opportunity.
Yeah it is not any difficult for genius people to earn, to earn from any opportunity they find they have the knowledge , skills and tricks that how to grab any opportunity and what is the best strategy to start a business with.

People who have  great skills will always find multiple ways for earnings, but the issue is what if bitcoin doesn't survive in future, they will have to divert thier work and earnings from other resources.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 20, 2016, 01:24:57 PM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.

but it is not difficult and hard that someone earn to live on bitcoin nowadays when there are a lot of different ways on internet to earn with bitcoin. If someone is intelligent he can earn in any situation with any opportunity.
Yeah it is not any difficult for genius people to earn, to earn from any opportunity they find they have the knowledge , skills and tricks that how to grab any opportunity and what is the best strategy to start a business with.
sr. member
Activity: 476
Merit: 250
March 20, 2016, 01:18:28 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.

I think he is trying to say when bitcoin is worth more, doing bitcoin based jobs will earn more

But in reality when Bitcoin is worth more the company you are working for usually lowers the pay in Bitcoin. This happened to me when Bitcoin went from $280 to $440 suddenly and I fully understand the company, they couldn't afford to pay more in USD for the same job.

Well they should pay you with the usd converter ratio,soo if bitcoin is worthing 400 and you earn 800 would mean 2btc,if the bitcoin grows to 800 you will get paid 1 btc,soo i dont see any problem besides the previous payment is worthing the double,but if the reverse happens ,those would be bad for the worker.Anyway its possible to make payments with bitcoin,just cant complaint about the bigger value it may reach in the future.The most signatures adjusted their payment to the new price soo i believe a company can do the same.
newbie
Activity: 42
Merit: 0
March 20, 2016, 01:18:03 PM
I would love to go full time with bitcoin, but like many of us i know that it can be very risky. Which is why I am waiting for bitcoin..
or altcoins to be come more established. Perhaps 3-5 years waiting time is needed for this to happen.

believe. earning a living with bitcoin is possible but you need to choose the right methods and platforms you use to invest for a long term plan.
newbie
Activity: 42
Merit: 0
March 20, 2016, 01:15:36 PM
with small investments, getting small earnings but the excitement of all this "bitcoin" stuff is immense!
you are right but if with big investment will getting big earning without risk losing big money. for the first you need to learn with small amount about risk and profit in investment,

I've been doing a bit of everything with bitcoin to try to make a living. Trading/altcoin projects/local computer and bitcoin services/mining, all of that.
sr. member
Activity: 434
Merit: 250
March 20, 2016, 01:12:36 PM
I would love to go full time with bitcoin, but like many of us i know that it can be very risky. Which is why I am waiting for bitcoin..
or altcoins to be come more established. Perhaps 3-5 years waiting time is needed for this to happen.
hero member
Activity: 518
Merit: 500
March 20, 2016, 01:02:59 PM
with small investments, getting small earnings but the excitement of all this "bitcoin" stuff is immense!
you are right but if with big investment will getting big earning without risk losing big money. for the first you need to learn with small amount about risk and profit in investment,
legendary
Activity: 1218
Merit: 1007
March 20, 2016, 12:56:52 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.

I think he is trying to say when bitcoin is worth more, doing bitcoin based jobs will earn more

But in reality when Bitcoin is worth more the company you are working for usually lowers the pay in Bitcoin. This happened to me when Bitcoin went from $280 to $440 suddenly and I fully understand the company, they couldn't afford to pay more in USD for the same job.
This is one of the primary concepts in economics that has to be understood, your pay won't stay the same if there is an upswing in the value of the currency. A company can't afford to pay you the same if people pay less for their product due to a higher currency value.

The good news is, however, typically your purchasing power will remain the same.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
March 20, 2016, 12:50:50 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.

I think he is trying to say when bitcoin is worth more, doing bitcoin based jobs will earn more

But in reality when Bitcoin is worth more the company you are working for usually lowers the pay in Bitcoin. This happened to me when Bitcoin went from $280 to $440 suddenly and I fully understand the company, they couldn't afford to pay more in USD for the same job.
sr. member
Activity: 588
Merit: 250
March 20, 2016, 12:43:00 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.
What price is comfortable for you to go full time on bitcoin? Price is good now if you can mining or gambling(not stable). Just want to know
newbie
Activity: 42
Merit: 0
March 20, 2016, 12:38:44 PM
with small investments, getting small earnings but the excitement of all this "bitcoin" stuff is immense!

course possible but will need to invest a lot of bitcoins to do this, so it would be very difficult to really do this.
I think if do it, should make job from it and do nothing else than holding and trading, investing to gain bitcoins and earn a living from it..
newbie
Activity: 88
Merit: 0
March 20, 2016, 12:17:44 PM
with small investments, getting small earnings but the excitement of all this "bitcoin" stuff is immense!
hero member
Activity: 770
Merit: 500
Bazinga!
March 20, 2016, 12:11:35 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.

I think he is trying to say when bitcoin is worth more, doing bitcoin based jobs will earn more

you didn't understand my reply then. let me put it this way.

lets say you are earning bitcoin through selling something that is worth $10 (like a domain name) right now when bitcoin price is ~$410 you sell it for 0.0242BTC

if bitcoin price goes down to $100 you have to sell it for sell it for 0.1BTC

if bitcoin price goes up to $1,000 you have to sell it for 0.001BTC

first of all you are earning less bitcoin not more, second in all three cases you are earning same amount in USD
full member
Activity: 210
Merit: 100
March 20, 2016, 12:04:40 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.

I think he is trying to say when bitcoin is worth more, doing bitcoin based jobs will earn more
hero member
Activity: 770
Merit: 500
Bazinga!
March 20, 2016, 12:02:56 PM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.

what does the bitcoin price have to do with anything?
you work and get paid (for example) $10 = and if the price goes up you will get $10 but this time less bitcoin (like 0.02 BTC) and in both cases you can afford the same goods with $10 worth of bitcoin.
legendary
Activity: 840
Merit: 1000
March 20, 2016, 11:42:42 AM
For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.
sr. member
Activity: 424
Merit: 250
Legendary est. 2013
March 20, 2016, 09:23:15 AM
This is definitely possible with a good strategy. And I mean not gambling / HYIPs etc, earning a real profit could be done by trading virtual currencies.
full member
Activity: 210
Merit: 100
March 20, 2016, 09:17:35 AM
There are more offers to make Bitcoin than you thought. If you have good skills or if your are applying for altcoin bounties (which your can exchange for Bitcoin) then there are a lot of opportunities to receive Bitcoin.

If we had more serious jobs with Bitcoin i could make a living with Bitcoin, but the only money that I have been able to get "for a job" is due signature campaigns, so no, I couldn't make a living on Bitcoin alone so I have to keep working on my regular job for fiat then get the Bitcoin.


I'm not using bitcoin mainly but I saw some doing so, Allot of the running casinos have full-term staff and probably are working full-term with bitcoins, also exchanges and large sized projects are full time.
tyz
legendary
Activity: 3360
Merit: 1533
March 20, 2016, 09:13:26 AM
Well, it depends from which country/region in Asia you are coming. In Japan, Taiwan, South Korea and some regions in China, it is hard to live with 1 Bitcoin. In other countries (India, South-East-Asia) it is much easier to make a good living by earning Bitcoin.

anything is possible, so yes. bitcoin is a digital currency. We can earn it online, we can spend it online, even we can convert it to fiat money online. I am earning a living with bitcoin and I am from a country where bitcoin is still a mystery.

How do you earn a living? is it really sufficient?
No. How can it be? The price is not set, so the amount you make at any given time is not the same. So you can not rely on that.
One week you can be making $100 the next $80. Your bills not change, so you can not set a limit of how much you can make.

I guess it's far easier for people living in asian countries to make a good living with bitcoin. Since they can pay their rent with 1 bitcoin.
For the EU or US you can hardy buy all your groceries with bitcoin. If i would have the chance i would do it btw.
Hotels are 0.03 bitcoin a day in some asian coutries, you could live as a tourist there with 1 bitcoin. Its possible to live of bitcoin, it depends how much bitcoin you get, lifestyle and location.


Yeah I'm agree with your statement that living bitcoin in asian is easy and much enough earnings if Asian people who get one bitcoin during a month.  But to rent a hotel with 0.03 will get a standart room not not exclusive five star hotel. But in my opinion with that 0.03 BTC was get nice room and proper room to occupy for a while.

I am an Asian and what you are saying is completely false, it is not at all possible to live with the income of 1 btc, just check the inflation rate and you will get the exact idea.
tyz
legendary
Activity: 3360
Merit: 1533
March 20, 2016, 09:06:57 AM
There are more offers to make Bitcoin than you thought. If you have good skills or if your are applying for altcoin bounties (which your can exchange for Bitcoin) then there are a lot of opportunities to receive Bitcoin.

If we had more serious jobs with Bitcoin i could make a living with Bitcoin, but the only money that I have been able to get "for a job" is due signature campaigns, so no, I couldn't make a living on Bitcoin alone so I have to keep working on my regular job for fiat then get the Bitcoin.
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