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Topic: Is this basically just another way to make money? - page 8. (Read 2726 times)

sr. member
Activity: 572
Merit: 250
Yes it is basically another way to earn mony. I still want to think of it as a phase, before it gets enough and support, it starts buying and selling so that it starts to be a real alternative. Its a step by step increment.
I must say that this is not only a way of making money but it is something which this world has never seen. It is not only helping the people in making of a huge earning but along with it, it has also introduced us with a unique and modern idea of the currency system which we were waiting since a long time. I am very much sure that the crypto currencies will make a very good name in the entire world in future.
sr. member
Activity: 672
Merit: 250
Yes, you can start to be part of bitcoin by joining bounty or signature campaign to make money
but patient, effort and knowledge about bitcoin is needed for you to get btc and make it grow.
full member
Activity: 490
Merit: 100
My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?



I somehow feel the same way. I can't be proud saying that I got rich from crypto. I can't say it loud because when someone says that I got it just from pump and dump then I will feel utterly guilty. I really hope that the projects that I'm really supporting would be useful someday and not just some kind of a trading tool.
full member
Activity: 1624
Merit: 163
Over this past few years, cryptocurrency has been treated a store of value rather than a means of transaction. The sad truth is that people tend to join the train not because of the potential of Blockchain, but because the profit that they will gain in here which is a fact that you could earn thousands of dollars here, but I think that's how Bitcoin survive over this years. I don't deny that I'm also here to earn some cash, but, as I am planning to be a developer which is why I am also interested in the technology of Blockchain.
member
Activity: 350
Merit: 12
Basically yes,Through investing bitcoin you will earned profit if you are patient because bitcoin value is volatile.Another way of making money through bitcoin is joining in signature campaign and also,joining bounty.
member
Activity: 949
Merit: 48
From my understanding it is purely upon the users mind. If he considers it an opportunity to make money it is possible, and in the similar way if he consider it an investment then it can be preferred as an investment for long term and short-term. Everything is completely on the particular user who make use of it. Importantly if there is no earning opportunity this could have never gained such an large usage in the short term.
I believe this was a big opportunity to gain, buying such thing is really a big opportunity today we can really gain on the near future if we buy on the cheap price. I think the bitcoin is really dropping this time and if we are going to buy on it today and hold we can maybe gain a huge amount of profit.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
From my understanding it is purely upon the users mind. If he considers it an opportunity to make money it is possible, and in the similar way if he consider it an investment then it can be preferred as an investment for long term and short-term. Everything is completely on the particular user who make use of it. Importantly if there is no earning opportunity this could have never gained such an large usage in the short term.
sr. member
Activity: 910
Merit: 257
My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

Good read mate, and yes, I agree with you on that. It's more than just another currency that is more advanced and technologically-inclined as its traditional counterparts, but it can also be compared to stocks that can be invested upon or traded. It's the beauty of this market and of cryptocurrencies, in general. It can be used in many different ways, and all of which, could be used to generate money. However, since the market is just a very unpredictable one, it may take time for one to actually be successful in it.
full member
Activity: 420
Merit: 100
Yep most people just use the romantic idea of making the world better with block chain. I was kind of disappointed once I realized it for the first time, but I understand there are lots of people who actually see it not just as a way to make money. It gives me hope.
sr. member
Activity: 602
Merit: 250
There are a lot of businesses people get into just to make money. They way they do it and how ethical they are on the way to success is yet another issue.
Generally the more people are interested in btc, the more development etc and the more adoption with time so I wouldn't necessarily see it as a bad thing.

Another thing is all the scams and ponzi schemes that continuously pop up. Not only people lose money but the reputation of crypto's is being damaged even though it's not the crypto's fault.

Yes, simply put, it is a way to make money thru investments. Making sure you know how to play the game in investments. Make sure to know when to invest and sell in the right time. Know how to strategize.

Yes bitcoin is best source of generating money, you can get huge amount of profit if you will deal it properly, most of time we buy at low and sell at high so this is only rule we use for bitcoin money making, we can trade, we can invest but don’t forget to buy at low and sell high, doing opposite to it can get you lose, don’t panic just have patience so nothing is more profit worthy than bitcoin.
sr. member
Activity: 586
Merit: 250
Yes it is basically another way to earn mony. I still want to think of it as a phase, before it gets enough and support, it starts buying and selling so that it starts to be a real alternative. Its a step by step increment.
If bitcoin does not have a bike then in a day even less the price will be zero, but we can see that the price still survive and can rise anytime.
sr. member
Activity: 1316
Merit: 356
Yes it is the best way to gain and make money through investment, trading, mining even in doing participating in bounty campaign and i believe they've created cryptocurrency because they want to help a lot of people to earn money and i can say it is a big opportunity to us that we find this job easier that we can and we are so lucky and grateful that we are working here.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
There are a lot of businesses people get into just to make money. They way they do it and how ethical they are on the way to success is yet another issue.
Generally the more people are interested in btc, the more development etc and the more adoption with time so I wouldn't necessarily see it as a bad thing.

Another thing is all the scams and ponzi schemes that continuously pop up. Not only people lose money but the reputation of crypto's is being damaged even though it's not the crypto's fault.

Yes, simply put, it is a way to make money thru investments. Making sure you know how to play the game in investments. Make sure to know when to invest and sell in the right time. Know how to strategize.
member
Activity: 384
Merit: 10
If another way to make money would be a lot of opposition from various parties officially and developed countries like Japan or Germany would never legalize bitcoin, I'm sure that bitcoin can last for a long time because it has clear bikes.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
Please elaborate, I am missing your point, or maybe you are missing mine?  Smiley

 I think the person is asking if Bitcoin is just really only for us to gain, which I highly doubt. Bitcoin forum expands the capability of a certain project with the help of the people from different countries to perform paid work for it to spread to the people like signature campaigns,  came from different form and it also involces different social media platform for a certain project to be introduxed and the higher the investors to have the more momey to be distributed and it a whole wide cycle.
full member
Activity: 1890
Merit: 101
from the beginning, all that was created by human is to earn money although at first its purpose was created to help alleviate human tasks, such as cars, airplanes and computers and much more, at first the purpose of creating this tool tool is to help alleviate human tasks, but as time goes by it all turns into a way of earning money, and I see Bitcoin becoming like this...
sr. member
Activity: 994
Merit: 257
But after all, it is money, first of all. It would be foolish to argue that as money, people who deal with it will not try to make money on them, and with such a real possibility. After all, a crypto currency is a very peculiar money. Its high volatility provides good opportunities for traders, and the simple retention of promising coins brings a high return to its holders.
What it happens is some have a very romantic idea of bitcoin as a way to fight the power of banks and while that is true the only way to fight them is for the people involved in bitcoin to make money with it, there needs to be an incentive for everyone to keep invested in bitcoin, just look at the miners they are not mining bitcoin because they believe in what bitcoin can achieve, they mine bitcoin for the profits and that is it.
member
Activity: 266
Merit: 10
The cryptocurreny market is gradually becoming a major financial market of the world and it will be the means of payment of most online transactions worldwide. Cryptocurrency is no longer just another form of monetization, but it is also the future of the world's payment and transaction platform. I would agree that bitcoin is a way to earn money. There are so many ICO's and my friends warned me that there are scam going on. I am also hesitant but you cannot be successful if you do not take the risk
member
Activity: 182
Merit: 10
This is just a phase in the life of bitcoin and cryptocurrencies, what you are describing seems more similar to the feelings of the early adopters that were here not to make money, even if that is what they did, but they were here to support bitcoin in any way they could. This forum was not created for people to earn money. The main objective of the forum is to promote cryptocurrencies and ICO
member
Activity: 273
Merit: 10
 This forum is another way of making money. We can have many money here since there are lots of ways here to earn here. Like social media campaign and other bounty campaigns, investments and trading. This forum is very useful for everyone who wants to use it. Because this forum can make someone who does not have a job to have a decent job. Many people who rely on the economy of his life only from this forum
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