Passive Income - page 7. | Bitcointalksearch.org

RedX

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Quote from: hurain on March 13, 2017, 04:45:36 PM

Quote from: Harlot on March 13, 2017, 11:54:20 AM

Quote from: batang_bitcoin on March 10, 2017, 10:47:25 PM

Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

Yeah it isn't a passive income because we know that it takes time and effort when we are claiming to faucet sites. This is just a good passive income if you are going to own your own faucet site. Because when you made your faucet popular you will attract mo visitors and as well as advertisers and that's passive income for you.

Faucets can be a passive income but only in one way. Yes, there is no claiming involve. Creating a faucet rotator is a helpful tool that attracts certain people that are new to Bitcoin because they are finding a way to find as many faucets as possible to claim with. Just by putting your Bitcoin address to the links will give you a certain percentage from each of their claim. I have personally checked some of their BTC address in faucetbox and they do earn a lot daily.

yes but i think faucets is not such a good way of making money, from faucets you cannot make such a good money, if you want to make good money you need to do trading in alt coin and for that you must remain active if you want to make trading more effective.

Making bitcoin as a passive income might only work if you have vast knowledge. Just always remember that this is not always the answer to your financial needs. Bitcoin is just another way to make money but I dont agree that this could make as a living.

Fatanut

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Quote from: Harlot on March 13, 2017, 11:54:20 AM

Quote from: batang_bitcoin on March 10, 2017, 10:47:25 PM

Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

Yeah it isn't a passive income because we know that it takes time and effort when we are claiming to faucet sites. This is just a good passive income if you are going to own your own faucet site. Because when you made your faucet popular you will attract mo visitors and as well as advertisers and that's passive income for you.

Faucets can be a passive income but only in one way. Yes, there is no claiming involve. Creating a faucet rotator is a helpful tool that attracts certain people that are new to Bitcoin because they are finding a way to find as many faucets as possible to claim with. Just by putting your Bitcoin address to the links will give you a certain percentage from each of their claim. I have personally checked some of their BTC address in faucetbox and they do earn a lot daily.

Another way is to create a bot that autoclaims from different faucet sites and you can specify the interval time for each website as well. If you don't know how to code and you're going to hire someone to do so, I don't recommend this at all because it will take a while for you before you can ROI for the payment of a coder.

This is recommended when you're at the office and your computer is idle most of the time or you have an extra computer with you that is idle. You don't have to pay at the electricity and at the same time you have stable internet connection. It's not that much money, tbh.

hurain

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Quote from: Harlot on March 13, 2017, 11:54:20 AM

Quote from: batang_bitcoin on March 10, 2017, 10:47:25 PM

Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

Yeah it isn't a passive income because we know that it takes time and effort when we are claiming to faucet sites. This is just a good passive income if you are going to own your own faucet site. Because when you made your faucet popular you will attract mo visitors and as well as advertisers and that's passive income for you.

Faucets can be a passive income but only in one way. Yes, there is no claiming involve. Creating a faucet rotator is a helpful tool that attracts certain people that are new to Bitcoin because they are finding a way to find as many faucets as possible to claim with. Just by putting your Bitcoin address to the links will give you a certain percentage from each of their claim. I have personally checked some of their BTC address in faucetbox and they do earn a lot daily.

yes but i think faucets is not such a good way of making money, from faucets you cannot make such a good money, if you want to make good money you need to do trading in alt coin and for that you must remain active if you want to make trading more effective.

Harlot

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Quote from: batang_bitcoin on March 10, 2017, 10:47:25 PM

Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

Yeah it isn't a passive income because we know that it takes time and effort when we are claiming to faucet sites. This is just a good passive income if you are going to own your own faucet site. Because when you made your faucet popular you will attract mo visitors and as well as advertisers and that's passive income for you.

Faucets can be a passive income but only in one way. Yes, there is no claiming involve. Creating a faucet rotator is a helpful tool that attracts certain people that are new to Bitcoin because they are finding a way to find as many faucets as possible to claim with. Just by putting your Bitcoin address to the links will give you a certain percentage from each of their claim. I have personally checked some of their BTC address in faucetbox and they do earn a lot daily.

deisik

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Quote from: jaysabi on March 12, 2017, 05:22:35 PM

Quote from: deisik on March 12, 2017, 03:28:57 AM

Quote from: TastyChillySauce00 on March 11, 2017, 11:29:47 PM

A short definition of passive income according to Investopedia:

Quote

Earnings an individual derives from a rental property, limited partnership or other enterprises in which he or she is not materially involved

As I've seen recently on this topic that there's still someone who misinterpreting the real definition of passive income and uttering the thing that's out of context ( in this case, passive income ).
Doing tasks to get paid ain't considered as a passive income

Indeed, doing tasks for remuneration can hardly be considered a passive income

But, on the other hand, the definition that you cited from Investopedia is no less misleading (and you likely have taken it out of context as well). Really, if someone derives his income from an enterprise, how can he possibly be not materially involved in it? It is just this involvement there (material or not seems to be irrelevant here) that allows him to receive income in the first place. If you have nothing to do with some company, you can't get any earnings off them, obviously. In the same way, renting out property can only marginally be considered as passive income

This does seem to be inconsistent with what you're trying to convince me, since the crux of your argument is that a capital appreciation from an investment is an income since you're selling it for more than what you bought it for. Most stock owners have absolutely nothing to do with the business they are part owners of, they are merely passive owners of the stake. Most institutional investors who own a sizable portion of public companies are not even materially involved with the businesses they buy stakes in, they are also passive owners. It's not an official definition, but I would consider "materially involved with" to mean having a daily responsibility with regards to the business, or having the ability to exert control over the business, and in fact doing so. The majority of stock owners don't have either of those, but do in fact have earnings from their ownership stake. It's just that I thought our difference was that you considered that a passive income, where I did not

I'm curious if you really don't see how self-contradictory the emphasized sentence is

If they are part owners of some business, how can they possibly have nothing to do with it? If they have nothing to do with something, it should mean exactly that, i.e. just nothing, no connection of whatever kind. Having stocks of a company obviously is nowhere near that. Passive or active doesn't change a thing in this regard. They are vitally interested in the company success, now try telling them that they shouldn't in fact care about this company at all. Regarding dividends, that's precisely what I'm telling you. They are passive income, but they are again nowhere near being regular nor they are guaranteed in any way (unlike bank deposits). Which was exactly the point you articulated first (i.e. regular and guaranteed as a decisive factor in telling between passive and active income, according to your logic)

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Quote from: mornabo on March 12, 2017, 08:14:50 PM

Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

I think if you have a lot of referrals of course it will give a nice passive income for you dude? some of my friends have more 1000 referrals and he can get at least 0.005 btc - 0.01 btc per week

I'm not interested with faucets, it's not my game as I want a more serious one. 0.01 BTC a week can easily be earn with signature campaign combined with micro jobs in the forum. For me, it's better to take on a more challenging venture like investing, I'm currently fun with investing in ICO and so far so good. Not a passive income but if I hold it longer it could transform into that.

mornabo

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Quote from: Text on March 10, 2017, 10:40:49 PM

Faucet is not a passive income, you need to work it everytime claiming is available; it requires a lot of time, hard work and patience. Maybe you can get a big amount from it if you have a lot of referrals and continue claiming... But it so hard to maintain that.

I think if you have a lot of referrals of course it will give a nice passive income for you dude? some of my friends have more 1000 referrals and he can get at least 0.005 btc - 0.01 btc per week

jaysabi

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Quote from: deisik on March 12, 2017, 03:28:57 AM

Quote from: TastyChillySauce00 on March 11, 2017, 11:29:47 PM

A short definition of passive income according to Investopedia:

Quote

Earnings an individual derives from a rental property, limited partnership or other enterprises in which he or she is not materially involved

As I've seen recently on this topic that there's still someone who misinterpreting the real definition of passive income and uttering the thing that's out of context ( in this case, passive income ).
Doing tasks to get paid ain't considered as a passive income

Indeed, doing tasks for remuneration can hardly be considered a passive income

But, on the other hand, the definition that you cited from Investopedia is no less misleading (and you likely have taken it out of context as well). Really, if someone derives his income from an enterprise, how can he possibly be not materially involved in it? It is just this involvement there (material or not seems to be irrelevant here) that allows him to receive income in the first place. If you have nothing to do with some company, you can't get any earnings off them, obviously. In the same way, renting out property can only marginally be considered as passive income

This does seem to be inconsistent with what you're trying to convince me, since the crux of your argument is that a capital appreciation from an investment is an income since you're selling it for more than what you bought it for. Most stock owners have absolutely nothing to do with the business they are part owners of, they are merely passive owners of the stake. Most institutional investors who own a sizable portion of public companies are not even materially involved with the businesses they buy stakes in, they are also passive owners. It's not an official definition, but I would consider "materially involved with" to mean having a daily responsibility with regards to the business, or having the ability to exert control over the business, and in fact doing so. The majority of stock owners don't have either of those, but do in fact have earnings from their ownership stake. It's just that I thought our difference was that you considered that a passive income, where I did not.

To answer the question you posed, if someone is receiving dividends from an investment, they do not have to be materially involved in the business, but the payments are passive income.

jaysabi

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Quote from: deisik on February 27, 2017, 04:18:58 AM

Quote from: jaysabi on February 25, 2017, 04:41:31 PM

Quote from: deisik on February 21, 2017, 09:27:56 AM

Quote from: jaysabi on February 19, 2017, 10:07:07 PM

Quote from: deisik on February 19, 2017, 10:56:57 AM

Quote from: jaysabi on February 19, 2017, 10:21:29 AM

I was imprecise. As I wrote my statement, I would agree with your disagreement. We were talking about passive income, and my statement should have said that if you have to sell the asset to realize the gain, it's not a passive income. Capital gains and capital appreciation are income. Just not passive income since there is no income stream, it's a lump value conditioned upon selling the asset, and appreciation is not guaranteed at the time of sale

In fact, I understood that you likely referred to a passive income

But I still disagree with your stance on this matter. If you put your money in a bank and the bank pays you interest on this money, will it count as a passive income? I guess it certainly will. But let's assume that you can't spend money online and have to go to the bank office to withdraw your money with interest accrued. Does it change anything? I guess no, though you have to make some steps to get your money and income earned back. It is basically the same with an asset appreciation. The point is that you don't have to do anything for it to appreciate since it appreciates on its own. Indeed, you can claim that it is basically a form of prolonged trading ("buy low, sell high"), but what if you use a trading bot which does all the gory stuff for you and you just withdraw profits?

Yes, it would be passive income as you surmised. For the bank example, it is different from capital appreciation because 1) there is a set rate of return that is guaranteed (the interest rate is known beforehand) whereas capital appreciation is not guaranteed, and 2) the gain/payment is recurring and pays on top of the asset, whereas capital appreciation is a one-time gain that only occurs when you dispose of or otherwise re-monetize the asset. For capital appreciation, the whole point that disqualifies it from being a passive income is that, even if it's appreciating, you cannot realize the gain without disposing of the asset. Passive isn't the determining word in "passive income"; income is more important, because capital appreciation can indeed (perhaps necessarily) be a passive gain as you have pointed out

Your points are in fact highly debatable

First, the interest being guaranteed is not actually important for a very simple reason, e.g. if you are a public officer you are more or less guaranteed as well to get paid once or twice a month. Does it make it a passive income? Obviously, it doesn't. In this manner, the fact that your payment (or interest) is guaranteed cannot be considered as a sufficient condition for a passive income. On the other hand, if you own some stocks and expect dividends to be paid every year, this without doubt would count as a passive income. But you are in no case guaranteed to be paid a fixed amount or just be paid anything at all at the end of the day. Second, you don't have to sell all your assets that appreciated since you can just sell only a part of them keeping their total nominal value at the same level (i.e. at which you acquired them). As to me, the profits thus booked could well pass as interest

Quote from: jaysabi on February 19, 2017, 10:07:07 PM

If you own a property that you rent out, you earn a passive income on it (the recurring rent payments), but you can also earn a capital gain on it if the value of the property appreciates. But that capital appreciation is not an income because the value gained is trapped in the investment until you monetize it by either mortgaging it to take advantage of the appreciation, or selling it to monetize the gain. Same for a security that pays a dividend: the dividend is a recurring income stream that you earn simply for owning the asset, but any appreciation of the stock is tied to the ownership of the stock and cannot be realized until the stock is sold. I do consider the recurring nature and non-ability to monetize without disposing an investment to be the most important aspect as to whether something is a "passive income" or not.

See the dividend example above

What do you mean by a public officer? It sounds like a paid post. It wouldn't be passive income if it's related to a duty. It's also not an investment, so maybe I'm missing how it's relevant. Gauranteed rate is the less important of the aspects anyway. If you have to dispose of the investment to realize the gain, it wasn't an income. A passive income is a stream of payments that does not diminish the investment stake. Dividends are paid in cash or stock. In both cases, they are a payment on top of the investment. The gain doesn't come from disposing of the asset, in this is it markedly different from a capital appreciation gain which is only realized upon diminishing the initial investment. If you are paid dividends in stock, you can sell those shares without diminishing the initial investment stake. You can't do that with a capital gain. The only way to monetize a capital gain is to diminish the initial stake.

I mean government (public) service (like that of a clerk in some department or ministry)

What I refer to here is that you get paid irrespective of what you do or whether you do anything at all (at least, as long as your senior officer doesn't think you are openly neglecting your duties). That's why ordinary people often consider government service as a sort of sinecure (i.e. "a job for which you receive payment but which does not involve much work or responsibility", as per dictionary). Regarding passive income from investments and not diminishing your investment stake (since that seems to be the corner stone of your second point), this is what I'm talking about precisely. By selling part of your investment, your stake may not diminish in dollar terms. For example, you bought 10 bitcoins for 200 dollars per coin so you now have 2,000 dollars' worth of bitcoins. Then Bitcoin price surges to 1,000 dollars per coin and you sell 8 bitcoins. But you still have 2,000 dollars' worth of bitcoins as before (2x1000=2000). What is it if not a passive income according to your own logic? Regarding dividends, you yourself set the condition (even as your major point) that there should be a fixed rate of return that is guaranteed, i.e. "the interest rate is known beforehand". Dividends are nowhere near that (they are not even guaranteed to be paid at all), but they are obviously a passive income by any means (which you yourself seem to agree with)

The original stake is diminished on a sale. The value of the stake is worth x amount of dollars, but the stake is made in y amount of units. The value of the stake is variable, but the actual stake does not fluctuate. To unlock any value of the stake from capital appreciation, you have to diminish the actual stake, in addition to the value of the stake. Because you have to diminish your stake in units, it's not income, it's a sale of part of the original stake. An income pays on top of the stake. Realizing a gain is not the same as having an income. The vast majority of dividends (at least in the US) are regular and declared ahead of time by governing boards. But I'll concede that knowing the rate ahead of time is not material to the definition, you've convinced me of that. The fact that they pay on top of the investment and don't require you to sell any part of your stake to realize them is what makes them an income. If a company stops declaring them, then you're obviously not making an income on them any longer, but that has no effect on whether or not they are distinguishable as income from capital appreciation.

deisik

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Quote from: TastyChillySauce00 on March 11, 2017, 11:29:47 PM

A short definition of passive income according to Investopedia:

Quote

Earnings an individual derives from a rental property, limited partnership or other enterprises in which he or she is not materially involved

As I've seen recently on this topic that there's still someone who misinterpreting the real definition of passive income and uttering the thing that's out of context ( in this case, passive income ).
Doing tasks to get paid ain't considered as a passive income

Indeed, doing tasks for remuneration can hardly be considered a passive income

But, on the other hand, the definition that you cited from Investopedia is no less misleading (and you likely have taken it out of context as well). Really, if someone derives his income from an enterprise, how can he possibly be not materially involved in it? It is just this involvement there (material or not seems to be irrelevant here) that allows him to receive income in the first place. If you have nothing to do with some company, you can't get any earnings off them, obviously. In the same way, renting out property can only marginally be considered as passive income

mastermold

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Quote from: pinkpanther03 on March 12, 2017, 12:00:25 AM

If your expecting passive income in bitcoin, that is possible if you have the characteristic of being industrious, patience, has strong determination, and had an attitude of continuous learning, well in that case you can get it. By simply participating here in bitcoin forum and mingle with the members here, then try to join in the signature campaign that has a long term project, and practice the actual trading in the exchange platform on these two you could get a passive income just important is you know what you are going to do the procedure on it.

Yeah! In recent Internet world, Bitcoin has provided a good alternative as passive income. Due to recent terms of Adsense and low payments of other ad networks and high competition in blogging, Bitcoin has come up as lucrative option. In addition to Sig campaign, bitcoin PR sites, Bitcoin Blogging, altcoin trading, etc. can provide good passive income.

pinkpanther03

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If your expecting passive income in bitcoin, that is possible if you have the characteristic of being industrious, patience, has strong determination, and had an attitude of continuous learning, well in that case you can get it. By simply participating here in bitcoin forum and mingle with the members here, then try to join in the signature campaign that has a long term project, and practice the actual trading in the exchange platform on these two you could get a passive income just important is you know what you are going to do the procedure on it.

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Quote from: andrei56 on March 11, 2017, 10:52:09 PM

Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

That is not really passive income at all, passive income means you don’t need to do a thing to obtain your profits, if you need to take some active action to make money then it is not passive.

A short definition of passive income according to Investopedia:

Quote

Earnings an individual derives from a rental property, limited partnership or other enterprises in which he or she is not materially involved

As I've seen recently on this topic that there's still someone who misinterpreting the real definition of passive income and uttering the thing that's out of context ( in this case, passive income ).
Doing tasks to get paid ain't considered as a passive income.

stadus

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Quote from: andrei56 on March 11, 2017, 10:52:09 PM

Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

That is not really passive income at all, passive income means you don’t need to do a thing to obtain your profits, if you need to take some active action to make money then it is not passive.

That's correct, I guess we should understand what is the difference between the two to make a good contribution on with our opinion. Most of us are doing active income because we are working regularly to receive a regular income to survive but there are smart people who are rich now, they are making their money work for them.

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Quote from: andrei56 on March 11, 2017, 10:52:09 PM

Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

That is not really passive income at all, passive income means you don’t need to do a thing to obtain your profits, if you need to take some active action to make money then it is not passive.

Investing into gambling websites or making some investment for a regular earning can be considered as passive income. Right now investing and earning needs good capital. Without capital investment we can't get a earning which at least fulfill a small need.

andrei56

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Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

That is not really passive income at all, passive income means you don’t need to do a thing to obtain your profits, if you need to take some active action to make money then it is not passive.

Mersedes

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Quote from: Supercrypt on March 11, 2017, 10:51:26 AM

Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

I agree, the best way to have a passive income is by entering signature campaigns, although they don’t give you a lot but still they are better than dumping your money into gambling or trading and then losing it all, but the best way to earn is by having a job, you have a skill you offer it for bitcoin.

Yes, I agree with you - this is a good way to make money. But this is not a passive income, because we have to take active steps to get a reward.
In my understanding, passive income is an investment. There need minimal action

Supercrypt

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Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

I agree, the best way to have a passive income is by entering signature campaigns, although they don’t give you a lot but still they are better than dumping your money into gambling or trading and then losing it all, but the best way to earn is by having a job, you have a skill you offer it for bitcoin.

Fatanut

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Quote from: carriebee on March 11, 2017, 02:26:06 AM

For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

Those are ways to earn bitcoin but those aren't passive income. Signature campaign requires you to be active in this forum and post stuffs. The only way signature campaign is a passive income is when you're maintaining a thread (i.e. buy and sell thread), and you still get paid for those little posts. Otherwise, it's not a passive income. Buying and selling isn't passive income as well since you have to advertise, talk to people, and have a deal. Only time buying and selling is a passive income is when you're using a bot to both buy and sell which is quite hard to do for the buy part.

carriebee

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For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.

Topic: Passive Income - page 7. (Read 81780 times)