I missed the boat real hard. And yes making 1 btc is a pain in the ass.
Topic: How long does it take to reach 1 BTC in 2014? - page 2. (Read 3286 times)
I found out about BTC back in the day but didnt do much research, then recently saw Ashton Kutcher talking about it in twitter
I missed the boat real hard. And yes making 1 btc is a pain in the ass.
I missed the boat real hard. And yes making 1 btc is a pain in the ass.
no one can state how long it will take you could earn 1 bitcoin within an hour or you could make 0.00001 in a month. it all depends on your skills and the services you are offering.
You can reach 1 BTC in some month if you use signature campaigns and do some little work for BTC...
Interesting thread.
For those wishing to acquire 1 BTC, it seems that access to USD can be a major bottleneck.
For those wishing to acquire 1 BTC, it seems that access to USD can be a major bottleneck.
I have been trading BTC for a while now on BTC-e
I started buying 1 BTC @ $800 at some stage I ended up making a heap of bad trades trying other alt coins and got down to .6 BTC quickly
( I played with LTC and it went from $40 to $20 quickly )
since then I have been trading daily with just over 1% gains each day looking at the charts and finding a good place to short
trading 1% daily should get you around double BTC in under 3 months
I now have around 6 BTC from my trading during the last 7 months this year so $3500 from $800 investment
I have been keeping an eye on this forum for a while now and thinking its time to try my hand at other alt coins , as BTC-e is quite boring these days
To actually answer your question I have found it best setting really low buy's and when their is an massive dump and you get the cheap coins resell them at current average price and rinse repeat, I am keeping around 50% in USD and 50% in BTC
I started buying 1 BTC @ $800 at some stage I ended up making a heap of bad trades trying other alt coins and got down to .6 BTC quickly
( I played with LTC and it went from $40 to $20 quickly )
since then I have been trading daily with just over 1% gains each day looking at the charts and finding a good place to short
trading 1% daily should get you around double BTC in under 3 months
I now have around 6 BTC from my trading during the last 7 months this year so $3500 from $800 investment
I have been keeping an eye on this forum for a while now and thinking its time to try my hand at other alt coins , as BTC-e is quite boring these days
To actually answer your question I have found it best setting really low buy's and when their is an massive dump and you get the cheap coins resell them at current average price and rinse repeat, I am keeping around 50% in USD and 50% in BTC
maybe in 2016 you need 1000 years to reach 1 BTC 
I am pretty sure you can still get 1 BTC fast and easily in 2016 (provided that you have the USD to buy it).
For example, I've been buying $20 to $50 worth of BTC every couple of weeks since early this year, and I'm still at 0.3 BTC (or about 0.25 BTC excluding altcoins). I also got about 0.02 BTC from the PD faucet, and a tiny percentage from other faucets like Freebitco.in.
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
Your question is really confusing In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
You can make BTC in a matter of seconds if you have the cash to buy it. Do not spend any timeo n faucets, because they are just losing your time for just a couple of cents. Try to earn some coin working for it. Review the marketplace->service section where you can find an actual job to do. You can say what skills you have and may be someone will hire you and pay you in BTC. This is some of the ways you can earn btc
your $20 will value more month after month, at least until the next bitcoin halving.
you can make more to multiply bitcoins, like trading
you can join bitcoin economy and work or open services for bitcoins
So there are many things to do to reach 1btc
you can make more to multiply bitcoins, like trading
you can join bitcoin economy and work or open services for bitcoins
So there are many things to do to reach 1btc
It's almost insulting that it's impossible to break even on bitcoin now actually, if we want world wide adoption to bitcoin why make it so impossible to obtain one? Why doesn't somebody start something that gives little bits (faucets immediate answer I know) of bitcoin but just enough to get people interested enough they don't lose sight of it?
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
If these little bit's (faucets) payed 1 BTC there would be huge inflation.... bitcoin is being adopted by more and more sites. Future looks good. But buying and mining are ways to get it. Don't expect a faucet to make you rich, or for there to be a get rich quick scheme.
It's not so much a get rich scheme for me, it's more so securing a future. For all I know the price of bitcoin could drop significantly tomorrow or the next day or a month from now and I would have nothing to show for it, or it could bounce back up and I'd have some security.
That's what it's all about for me, I know that sounds ridiculous but with my current financial situation I would like to have some kind of back up and security since it's really the only income I have coming to me.
Never risk more then you are willing to lose on any investment. For all we know on stocks, most investments they all can have dramatic effects.
If you want security get a savings account, but you will see with no up or down the little amount of interest you get.
If you hold bitcoins I think most on this forum see a bright future, more websites accepting them every day.
The PD faucet is great during happy hours.
But you should stop using other faucets which just give you hundreds of satoshi each time. They don't really deserve your time IMO.
But you should stop using other faucets which just give you hundreds of satoshi each time. They don't really deserve your time IMO.
you need to start doing something else other then faucets 
faucets are simply not worth it..
faucets are simply not worth it..
maybe in 2016 you need 1000 years to reach 1 BTC
could be.
i'm trying to keep an open mind though. the current trend that bitcoin is on may not be sustainable. it may be a rockier road than some of us think. still a long term bull here, though.
maybe in 2016 you need 1000 years to reach 1 BTC
Depend on the amount of effort and time you are ready to spend, wallet like microwallet "mini-transaction service" that receives in-site transactions from the wallets instantly (can get a tiny amount every day according to time to be spent).
It's almost insulting that it's impossible to break even on bitcoin now actually, if we want world wide adoption to bitcoin why make it so impossible to obtain one? Why doesn't somebody start something that gives little bits (faucets immediate answer I know) of bitcoin but just enough to get people interested enough they don't lose sight of it?
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
If these little bit's (faucets) payed 1 BTC there would be huge inflation.... bitcoin is being adopted by more and more sites. Future looks good. But buying and mining are ways to get it. Don't expect a faucet to make you rich, or for there to be a get rich quick scheme.
It's not so much a get rich scheme for me, it's more so securing a future. For all I know the price of bitcoin could drop significantly tomorrow or the next day or a month from now and I would have nothing to show for it, or it could bounce back up and I'd have some security.
That's what it's all about for me, I know that sounds ridiculous but with my current financial situation I would like to have some kind of back up and security since it's really the only income I have coming to me.
It's almost insulting that it's impossible to break even on bitcoin now actually, if we want world wide adoption to bitcoin why make it so impossible to obtain one? Why doesn't somebody start something that gives little bits (faucets immediate answer I know) of bitcoin but just enough to get people interested enough they don't lose sight of it?
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
If these little bit's (faucets) payed 1 BTC there would be huge inflation.... bitcoin is being adopted by more and more sites. Future looks good. But buying and mining are ways to get it. Don't expect a faucet to make you rich, or for there to be a get rich quick scheme.
For example, I've been buying $20 to $50 worth of BTC every couple of weeks since early this year, and I'm still at 0.3 BTC (or about 0.25 BTC excluding altcoins). I also got about 0.02 BTC from the PD faucet, and a tiny percentage from other faucets like Freebitco.in.
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
You only need 3 months if you are "hardworking". Fauceting everyday and selling your signature..
It's almost insulting that it's impossible to break even on bitcoin now actually, if we want world wide adoption to bitcoin why make it so impossible to obtain one? Why doesn't somebody start something that gives little bits (faucets immediate answer I know) of bitcoin but just enough to get people interested enough they don't lose sight of it?
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
I'm just relaying my own story but when I thought mining was actually profitable in 2011 and bitcoin was $14 a pop and I really didn't have the money to just go buy one, I could have used a faucet or something would have helped me out with that, I would have gone out and told all of my friends about bitcoin, maybe sound like a stark raving lunatic but still, I would have gone out of my way to show people this currency and the many others out there.
Now I'm even skeptical to mention it to anyone, even my ex thinks I'm crazy for wanting to invest in it.
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
It depends on what you are trying to do to get the bitcoin.
If you have the money and are buying them, you can get 1 btc within a day.
If you are working for bitcoin, you may need a few weeks (depending on your job) to earn ~$600.
If you are playing with faucets, you will never get 1 btc now.
For example, I've been buying $20 to $50 worth of BTC every couple of weeks since early this year, and I'm still at 0.3 BTC (or about 0.25 BTC excluding altcoins). I also got about 0.02 BTC from the PD faucet, and a tiny percentage from other faucets like Freebitco.in.
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
About 1-2 years at your current rate.
Jump to: