Author

Topic: Making a living on bitcoins. (Read 821 times)

full member
Activity: 159
Merit: 100
June 26, 2013, 11:05:23 PM
#18
You need money to make money.

If what you're after is a get rich quick scheme, look elsewhere, rob a bank, or start your own pump-and-dump coin.
newbie
Activity: 2
Merit: 0
June 26, 2013, 10:28:32 PM
#17
Hello All, I am new to the Foreum. I am interested in accepting bitcoins for my beekeeping business, it is also a resturant, so I am very interested in Point of Sale Software around intergrating oldskewl Credit Cards and Bitcoin cards for my customers.
newbie
Activity: 3
Merit: 0
June 26, 2013, 10:25:41 PM
#16
If you got ahead of the game I am sure you could.
hero member
Activity: 480
Merit: 500
June 26, 2013, 08:46:44 PM
#15
Soon we will all be let out of these chains  Shocked
newbie
Activity: 14
Merit: 0
June 26, 2013, 06:43:25 PM
#14
No problem. Smiley
newbie
Activity: 1
Merit: 0
June 26, 2013, 06:33:09 PM
#13
do I have enough posts yet?  Embarrassed
You need to have 1 post and 4 hours od being a forum member to get released from newb prison Wink

Thank you for the explanation.

twoing
member
Activity: 63
Merit: 10
June 26, 2013, 05:58:21 PM
#12
I think, that situation will change soon. Sure, it is possible, but you need to invest in new equipment, because of huge amount of asic miners, that will be online soon. On the other hand, nobody knows, how the bitcoin price and difficulty will change. Asic will start mining, but a lot of small miner can stop because of low income. Only time will show Smiley
newbie
Activity: 45
Merit: 0
June 26, 2013, 05:52:26 PM
#11
I daily trade bitcoin, litecoin and other alts for a living.  Smiley

Care to share more? I am sure that a lot of people are interested.
newbie
Activity: 14
Merit: 0
June 26, 2013, 05:36:12 PM
#10
I daily trade bitcoin, litecoin and other alts for a living.  Smiley
That seems like a very nice job, congratulations on your awesome life if thats true Wink
newbie
Activity: 2
Merit: 0
June 26, 2013, 05:32:45 PM
#9
I daily trade bitcoin, litecoin and other alts for a living.  Smiley
newbie
Activity: 14
Merit: 0
June 26, 2013, 05:32:00 PM
#8
do I have enough posts yet?  Embarrassed
You need to have 1 post and 4 hours od being a forum member to get released from newb prison Wink
newbie
Activity: 14
Merit: 0
June 26, 2013, 05:31:21 PM
#7
Ive made a comfortable living off BitCoin and Litecoin, mainly because I invested early on, but its do-able if you know how to properly trade... right now it takes a hell of a lot of cpu power to mine enough BTC to make a living on.
Interesting, how much money have you made over the years?
legendary
Activity: 1148
Merit: 1048
June 26, 2013, 05:27:41 PM
#6
The profit in bitcoin seems to be in service or active speculation against other currencies. Just wait till I open up my bitcoin bed and breakfast.

Or maybe id just rent out a single, bitcoin themed room within a b&b, and never touch the bitcoin income, just cover the upkeep with the fiat. Just let it sit there and value upward while it accumulates digital cobwebs  Grin
hero member
Activity: 480
Merit: 500
June 26, 2013, 05:16:20 PM
#5
do I have enough posts yet?  Embarrassed
newbie
Activity: 52
Merit: 0
June 26, 2013, 05:07:30 PM
#4
You have to have enough money to have enough shares for it to make a living out of the earnings.   But if you have so much money I guess there will be other ways of making a easier living.
newbie
Activity: 11
Merit: 0
June 26, 2013, 05:06:16 PM
#3
If you bought enough mining shares, it would definitely be possible. Although the amount you would need to invest would be quite high.
newbie
Activity: 14
Merit: 0
June 26, 2013, 04:55:08 PM
#2
Ive made a comfortable living off BitCoin and Litecoin, mainly because I invested early on, but its do-able if you know how to properly trade... right now it takes a hell of a lot of cpu power to mine enough BTC to make a living on.
newbie
Activity: 14
Merit: 0
June 26, 2013, 04:32:58 PM
#1
Do you think it would be possible to make a living on bitcoin mining if you bought enough shares in a group buy?
 Please discuss.
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