What is there to do with bitcoins these days ? - page 5.

bittraffic

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Quote from: deisik on November 15, 2016, 11:04:12 AM

Quote from: Tyrantt on November 15, 2016, 07:25:33 AM

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Most likely that poster meant to say that it is no longer possible to make quick bucks and earn thousand percentages of profits in Bitcoin, like it was when one day it cost less that 1 dollar per BTC and then, in a matter of months, it suddenly cost $50 per BTC. Or when it was possible to mine a few thousand bitcoins on your personal computer and now become a dollar millionaire. Those times are long gone, indeed, and you need something more than pure luck, Internet and a desktop computer...

Something more than just turn up in the right place at the right time

Theres one thing that bitcoin holders can do which is endless. Trading is what mostly are doing, you can either invest to an altcoin/token or just buying and selling bitcoin as price fluctuates.

deisik

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Quote from: Tyrantt on November 15, 2016, 07:25:33 AM

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Most likely that poster meant to say that it is no longer possible to make quick bucks and earn thousand percentages of profits in Bitcoin, like it was when one day it cost less that 1 dollar per BTC and then, in a matter of months, it suddenly cost 50 dollars per BTC. Or when it was possible to mine a few thousand bitcoins on your personal computer and now become a dollar millionaire. Those times are long gone, indeed, and you need something more than pure luck, Internet and a desktop computer...

Something more than just turn up in the right place at the right time

Catmony

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Bitcoin is being famous as safe way to store wealth in economic cirsis just like saving wealth in gold/silver before. Bitcoin price volatility make it profitable for traders. Bitcoin as payment gateway merchants can give discounts due to low fee and instant processing. Bitcoin has created good opportunity to send inter country payment in very less fee and time.

noictib

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One of the world's leading Bitcoin-powered casinos

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Actually these days in Bitcoin is famouse for its increased price that is results into down rate of other altcoin , So here we have the best way to use Bitcoin is to buy some altcoins for future to make profit .

clickerz

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Quote from: Tyrantt on November 15, 2016, 07:25:33 AM

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

That is correct. Just look out always for opportunity. Join the bidding with your skills.There are many jobs in services section that is being offered and paib by bitcoin. Be cautious when investing in double your bitcoin, or giving percentages hourly.

Adamsmit556

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In the country of mine is one of the leaders in the world with having an excellent Bitcoin infrastructure built in.
So I have lots of things to buy and what I can to do, I can even buy a yacht if I decide so.

Tyrantt

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Need some spare btc for a new PC

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Dead party? Holding and trading doesnt give out profit? Here is how to earn some btc on the long run, buy one btc now and hold it, in the next year, when the price goes almost double you sell it = profit. Also, getting a job wouldnt be too bad... Signature campaign, writing articles, programming, web design... You can earn btc only if you want to.

Sled

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Bitcoin- in bullish time

In my opinion, if you are not a trader like person or a dedicated to grow bitcoins because you have a lot of bitcoin now. I think its best if you just continue to hold you bitcoin and wait for the price to exceeds $1,000 and after that you can decide whether you'll hodling or not, But if you are a trader minded person, You can do trading to your bitcoin because we can see on the chart on different sources online that the price of bitcoin is not stable and most of the times it goes up and down so it is an advantage for trader like me to grab that opportunity to earn more bitcoins or money.

mindrust

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Quote from: deisik on November 15, 2016, 04:19:21 AM

Quote from: springgers on November 15, 2016, 04:05:39 AM

Quote from: deisik on November 15, 2016, 02:41:44 AM

I don't particularly disagree with you about gambling, though there are different types of it. Most likely you are talking about dice and Bitcoin casinos with house edge where you are invariably set to lose in the long term. On the other hand, there are a lot of games often referred to as gambling too, but which require both luck and skill, for example, poker. Thereby, investing in these skills may be profitable, especially if you have a predisposition for such games and love playing them. There are also sports betting which can also be considered as gambling. Though betting arbitrage often used in sports betting seems to have more to do with trading than gambling...

That is, it can be loosely called as investing

Poker requires lucky just in short term, after a thousand of hands you will know if you are a good player or not. You just have to be better than the others in the table but it is not easy, it requires a lot of study and you will see few profitable players over there... And you have to pay an rake to the house.
About sportbetting, I don't know how much it's lucky and how much it's skill, in my opnion the house will always win.

If you are using betting arbitrage in sports betting, your chances of losing are not very great and usually depend on your ability to quickly find and correctly assess the arbitrage opportunities since this type of arbitrage has a very brief opportunity window of a few minutes only. In this case you win by playing against two houses (called bookmakers) at once whenever there is a discrepancy between the opinions of the bookmakers on the outcome of some sports event. It seems to be the only way of earning profits through gambling consistently and securely...

Unless you are the house itself, of course

Arbitrage betting isn't worth the trouble. Even if you find a game to bet on, it will be gone in seconds while you are thinking or making the bets just like you said. Lurking in front of a computer and searching for arbitrage games aint worth your time i think. You can use that time a lot more efficiently.

If you somehow run across a bet like this without any effort, go for it. But it is same as winning jackpot over a slot machine. It is not a job.

Xenophoto

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Just the same things that you can do with fiat. Bitcoin is starting to become one of the primary ways of paying someone online. Bitcoin isn't just not known to the majority yet, thus, lesser online shops that accept bitcoins.

OP said that trading doesn't give you that much profit but I think that altcoin trading is actually one of the best ways to earn bitcoins. If you don't have decent amount of money to start trading, then you can join a signature campaign of an altcoin to have your shares.

The things that you can do with bitcoins these days are pretty much similar from what you can do with it back then. OP seems to be looking for a way to have decent earnings without having to risk serious amount of cash. Sorry but I don't think there's a way to achieve that.

deisik

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Quote from: springgers on November 15, 2016, 04:05:39 AM

Quote from: deisik on November 15, 2016, 02:41:44 AM

I don't particularly disagree with you about gambling, though there are different types of it. Most likely you are talking about dice and Bitcoin casinos with house edge where you are invariably set to lose in the long term. On the other hand, there are a lot of games often referred to as gambling too, but which require both luck and skill, for example, poker. Thereby, investing in these skills may be profitable, especially if you have a predisposition for such games and love playing them. There are also sports betting which can also be considered as gambling. Though betting arbitrage often used in sports betting seems to have more to do with trading than gambling...

That is, it can be loosely called as investing

Poker requires lucky just in short term, after a thousand of hands you will know if you are a good player or not. You just have to be better than the others in the table but it is not easy, it requires a lot of study and you will see few profitable players over there... And you have to pay an rake to the house.
About sportbetting, I don't know how much it's lucky and how much it's skill, in my opnion the house will always win.

If you are using betting arbitrage in sports betting, your chances of losing are not very great and usually depend on your ability to quickly find and correctly assess the arbitrage opportunities since this type of arbitrage has a very brief opportunity window of a few minutes only. In this case you win by playing against two houses (called bookmakers) at once whenever there is a discrepancy between the opinions of the bookmakers on the outcome of some sports event. It seems to be the only way of earning profits through gambling consistently and securely...

Unless you are the house itself, of course

springgers

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Quote from: deisik on November 15, 2016, 02:41:44 AM

I don't particularly disagree with you about gambling, though there are different types of it. Most likely you are talking about dice and Bitcoin casinos with house edge where you are invariably set to lose in the long term. On the other hand, there are a lot of games often referred to as gambling too, but which require both luck and skill, for example, poker. Thereby, investing in these skills may be profitable, especially if you have a predisposition for such games and love playing them. There are also sports betting which can also be considered as gambling. Though betting arbitrage often used in sports betting seems to have more to do with trading than gambling...

That is, it can be loosely called as investing

Poker requires lucky just in short term, after a thousand of hands you will know if you are a good player or not. You just have to be better than the others in the table but it is not easy, it requires a lot of study and you will see few profitable players over there... And you have to pay an rake to the house.
About sportbetting, I don't know how much it's lucky and how much it's skill, in my opnion the house will always win.

danherbias07

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Some just waste their time in gambling and that's it, tomorrow is another day of gambling. Grin

It is not that bad though, if it is their real purpose in buying bitcoin then who are we to change that. We should respect every opinion that every one wants.

Trading is still the best way to lose some time for me. You could play with other coins just for fun.

lionheart78

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Quote from: rajasumi2 on November 15, 2016, 02:19:42 AM

There are many things to do with bitcoins .like u can invest them in gambling websites. Or u can buy any necessary things .or u can save them until and unless it achieves a higher value .kudoos

I agree there are many things to do with bitcoins these days. but seems OP wanted the things that happen way back 2013 to repeat itself. The steep incline in price where majority of bitcoin holder became wealthy elites and those who grasp bitcoin at its peak somehow lost a lot of money because of the sudden decline in price in just short period of time. Though those who wanted the same stuff to happen today will see bitcoin as a boring stuff.

deisik

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Quote from: prabowo96 on November 15, 2016, 12:26:49 AM

Quote from: groll on November 14, 2016, 09:26:34 PM

Quote from: sonnyacg on November 14, 2016, 07:12:29 AM

Quote from: perla on November 13, 2016, 09:05:41 PM

holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

yes keep bitcoin in your wallet, then monitor the price of bitcoin if there is a drastic change. after that you can sell. or if you want to reproduce your bitcoin, you just make a trade. of course there is a risk that you need to bear in bitcoin trading. and of course there are advantages in trade bitcoin.

Yeah these are the common things that we could do with bitcoin. Keeping it and selling it, trading, investing. You can also gamble your bitcoin to make profit. And risk is normal in all businesses as so in bitcoin trade. But then for me, the best to do about bitcoins these days is to convert it, then spend it. Especially right now Christmas is fast approaching. And there are many discounted items now in stores and for me as a shopping person, i love buying.

Gambling isn't investment, you just will burn your money... I don't believe that people can coment it on a thread about ways to make some money also trading requires a lot of skills, well the hold option is the best one if you are noob however you can't earn a lot with it.
Hope the bitcoin price increase on christmas so I can trade my coins.

I don't particularly disagree with you about gambling, though there are different types of it. Most likely you are talking about dice and Bitcoin casinos with house edge where you are invariably set to lose in the long term. On the other hand, there are a lot of games often referred to as gambling too, but which require both luck and skill, for example, poker. Thereby, investing in these skills may be profitable, especially if you have a predisposition for such games and love playing them. There are also sports betting which can also be considered as gambling. Though betting arbitrage often used in sports betting seems to have more to do with trading than gambling...

That is, it can be loosely called as investing

uname

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Quote from: perla on November 13, 2016, 09:05:41 PM

holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

I think this way is the traditional way and all the people already knew about this, and it is evident that in this way good enough to bring in a profit, have any other way?

rajasumi2

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There are many things to do with bitcoins .like u can invest them in gambling websites. Or u can buy any necessary things .or u can save them until and unless it achieves a higher value .kudoos

prabowo96

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it's showtime

Quote from: groll on November 14, 2016, 09:26:34 PM

Quote from: sonnyacg on November 14, 2016, 07:12:29 AM

Quote from: perla on November 13, 2016, 09:05:41 PM

holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

yes keep bitcoin in your wallet, then monitor the price of bitcoin if there is a drastic change. after that you can sell. or if you want to reproduce your bitcoin, you just make a trade. of course there is a risk that you need to bear in bitcoin trading. and of course there are advantages in trade bitcoin.

Yeah these are the common things that we could do with bitcoin. Keeping it and selling it, trading, investing. You can also gamble your bitcoin to make profit. And risk is normal in all businesses as so in bitcoin trade. But then for me, the best to do about bitcoins these days is to convert it, then spend it. Especially right now Christmas is fast approaching. And there are many discounted items now in stores and for me as a shopping person, i love buying.

Gambling isn't investment, you just will burn your money... I don't believe that people can coment it on a thread about ways to make some money also trading requires a lot of skills, well the hold option is the best one if you are noob however you can't earn a lot with it.
Hope the bitcoin price increase on christmas so I can trade my coins.

groll

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Quote from: sonnyacg on November 14, 2016, 07:12:29 AM

Quote from: perla on November 13, 2016, 09:05:41 PM

holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

yes keep bitcoin in your wallet, then monitor the price of bitcoin if there is a drastic change. after that you can sell. or if you want to reproduce your bitcoin, you just make a trade. of course there is a risk that you need to bear in bitcoin trading. and of course there are advantages in trade bitcoin.

Yeah these are the common things that we could do with bitcoin. Keeping it and selling it, trading, investing. You can also gamble your bitcoin to make profit. And risk is normal in all businesses as so in bitcoin trade. But then for me, the best to do about bitcoins these days is to convert it, then spend it. Especially right now Christmas is fast approaching. And there are many discounted items now in stores and for me as a shopping person, i love buying.

sonnyacg

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Quote from: perla on November 13, 2016, 09:05:41 PM

holding some, wait price up more than this, and maybe use it to trade in some exchanger is good too, at least we can develop our own money with our own risk

yes keep bitcoin in your wallet, then monitor the price of bitcoin if there is a drastic change. after that you can sell. or if you want to reproduce your bitcoin, you just make a trade. of course there is a risk that you need to bear in bitcoin trading. and of course there are advantages in trade bitcoin.

Topic: What is there to do with bitcoins these days ? - page 5. (Read 9223 times)