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Topic: How many hours an American needs to work to earn 1 Bitcoin (Read 197 times)

full member
Activity: 756
Merit: 104
Bitcoin price is constantly changing. I think it is unreasonable to examine the cost of buying Bitcoin. But if you have an institution that pays salary with bitcoin then another. In this case, evaluation can be made. Bitcoin price is constantly on the move. Such assessments should not be made in extremely high mobility.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.


In fact, I think the time that has to be worked out to buy 1 BTC in the US is very good. The average hourly earnings in my country are $ 2.20. So to buy 1 BTC, one person has to work more than 3000 hours.
sr. member
Activity: 906
Merit: 263
I can't believe the average income per hour is so high in USA and people are afraid to invest??? I would buy so many bitcoin if I was earning that. Even if you clean damn toilets that $7 an hour. This is a lot.
Americans don't know how good they have it lol. It is not as costly as they think it is. It is always easy to judge and say you do not earn enough when you always compare yourself to others. No matter how much money you make there will always be someone that makes more. Now I have a better understanding of where all this ICO money people throw around comes from.
legendary
Activity: 2492
Merit: 1018


Act fast before bitcoin goes to the moon, you might have to work longer when BTC rise. I'm not from US but if I am, I can probably construct better sentences when hired by teams to write something for them. There are bitcoin job sites that won't need more hours for you if you just have the skills like article writing or become a community manager.  Check the Bitcoin Jobsites because you might find the right job for you.
legendary
Activity: 2898
Merit: 1823
But does it have to be 1 whole Bitcoin? The average worker, American, or not should know, based on his/her monthly salary, how much of that should go to bills/expenses, to his child/children's college education, how much is saved in fiat for emergencies, and how much is saved in Bitcoin to HODL.

I believe the next 4 to 5 years will be a golden opportunity before it goes to 6 digits. Take it. Cool
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
It's worth mentioning that a $7300 salary per year can cover the cost of 1 bitcoin. Now, most Americans don't live off of that low of a salary, they get around $20000 a year or something so that purchases almost 3 bitcoins.

But if the bitcoin increases in price next year than a mere salary like this will most likely not be enough to buy one bitcoin.
sr. member
Activity: 966
Merit: 274
This is in the case for an average American. I wonder how long some people from the third world country could possibly achieve it compared to americans if they have the usual jobs basically the same jobs and at the same time, working. Definitely the rate of salary is quite different so for us to earn 1 bitcoin, we shouldn't just rely on working on our daily jobs but to consider being smart in holding bitcoin. Sell it on its best price and try to apply the concept of trading even if it takes a long term.
sr. member
Activity: 812
Merit: 257
now 1 bitcoin is not a small amount, of course it will take a long time to collect 1 bitcoin, except for people who have high salaries, in my opinion is not suitable when working with bitcoin payments because the value is very volatile, for now bitcoin is only suitable as an investment.
sr. member
Activity: 2296
Merit: 315
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Maybe United State of American have higher payment for salary their people and reach with higher payment every hour, different with my country only got about under $10 by working more than 6 hours in United State just one hour can receive about $20 or 30$, maybe one day they can reach about $200 and get about 0.02 btc.
member
Activity: 504
Merit: 16
It's not possible for someone to work and put all the money on bitcoin because he or she have to survive as well, it will require more hours, the best encouraging tactic is to buy part of bitcoin on every pay day, he or she can keep buying 200$ worth of bitcoin gradually until 1btc is achieved
legendary
Activity: 3472
Merit: 10611
it amazes me how the articles OP keeps on creating for his own site keeps declining in quality. it is as if he is trying to set a record for having the worst article with lowest of quality! most low quality sites with no traffic like his simply copy stuff from other news sites so that their lack of ability to write articles is not noticed and so that they can stay alive longer.
you have already put the money and effort in creating the site, then why not try and make it better instead of just spamming?
legendary
Activity: 2170
Merit: 1789
I think that the USA is one of the countries with the most opportunities to get a bitcoin quickly, 257 hours of work, it may be somewhat exaggerated, however it is a statistic.

You need to factor competitions too. Having a high standard pay-rate means nothing if you can't even get a job.

I am not an American but if you are an American and do tasks/ offers or ptc to earn Bitcoin, then you will earn much faster than others because they often offer a high earning rate for American.

They also have a higher standard of living. Put it simply, making $5/hour and get a $200/month job is good enough in my city. So good that you can still buy useless things every month and then without worrying about what you should eat next week.
hero member
Activity: 2926
Merit: 567
The Americans are so lucky to have that kind of wage that hourly rate is equivalent to 3 days daily wage here and it will take years for a minimum wage earner here to buy one Bitcoin because it's worth a house and lot here in our place, so the Americans have a better chance to buy one Bitcoin than most of us.
sr. member
Activity: 2618
Merit: 439
there is no specific because it depend on how much work you can offer to gain,specially in crypto?that skills and knowledge is the basis to earn?and what about traders?when you can win big if you got the right timing?and also if you are offering services for crypto payments and with real job?combination of this will brings you much higher income per day compared to regular workers.
legendary
Activity: 2632
Merit: 1883
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There are a lot of jobs that can be developed in the USA, I understand that working hard earns a lot of money, even washing dishes or bathrooms pay well, I think that if we take into account that it is a fixed job the payment changes, but if you work in turn it is more money, the only thing is that the fatigue at the end of the day is beastly, but it is worth it, I agree that if you work hard you earn a lot, and that is the basis of that economy.

Also when people are prepared, and get a job related to their profession, they quickly earn more with something less effort.

I think that the USA is one of the countries with the most opportunities to get a bitcoin quickly, 257 hours of work, it may be somewhat exaggerated, however it is a statistic.
hero member
Activity: 1540
Merit: 508
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?
I am not an American but if you are an American and do tasks/ offers or ptc to earn Bitcoin, then you will earn much faster than others because they often offer a high earning rate for American.
hero member
Activity: 2870
Merit: 594
With all due respect, whatever nationality you have, you can still acquire a Bitcoin. Whether you are an American Citizen or from other countries, we should really work hard and invest wisely. Let your invested fiat work for you. Start small in Bitcoin but with consistency.

Exactly, it looks like this is another garbage article to be honest.

Everyone here can get their 1 BTC from working hard and investing wisely. I don't know why Americans are being subject here, so it doesn't make sense at all to me at least.

Others (non-American) can start small, purchasing at dips at whatever way they can. It doesn't have to be 1 BTC right away. You can still invest maybe .001 BTC - .01 BTC per month and eventually you can earn a full bitcoin. It might take years, but the most important thing is that you have invested on something that will yield good profits in years to come.
sr. member
Activity: 798
Merit: 251
Small Trader
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

America as a Superpower has a high income per capita. By looking at the federal minimum wage of Americans per hour, an employee should be able to save money to buy Bitcoin easily. But can it be easily done? Given that the cost of living in America is expensive. Only Americans know.  Huh
full member
Activity: 413
Merit: 105
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?
That's still a long way considering 257 hours of work and also expenses maybe around 300hours of work. I think if you are really aiming to invest in bitcoin to buy 1 bitcoin I think it is pretty much achievable even if you are not an American, even in other countries you could invest your job salary in bitcoin. But I think this is a difficult decision to make since cryptocurrency or bitcoin is a big risk and even a lot of people would have his second thoughts with this because you work hard for it and there is a chance you could lose your money.
brand new
Activity: 0
Merit: 0
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?


I am not an American and I will tell you so that in my country X you need to work 1900 hours to buy one Bitcoin. Try to draw conclusions and understand that there are countries in which it is incredibly difficult to realize yourself as the owner of Satoshi. In addition, crypto literacy is quite high in America, I think it is really easier to deal with crypto there than in some countries of Europe and Asia, where such literacy is minimal
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