Make money with BitCoin

by 8kaday
4 replies
Moderated: http://www.warriorforum.com/search.php?searchid=25224633


What's the best way to make money in the BitCoin niche?
Please share your experience.

Most interested in fully automated ways and/or highest ROI.
#automated #bitcoin #make #money #roi
  • Profile picture of the author DigitalBusker
    Write an eBook about Bitcoin a) starting with "Why Bitcoin?" b) How to obtain Bitcoins, c) How to store them securely, d) how to exchange them for other forms of cryptocurrency, d) How to spend Bitcoin.

    At the moment most people transfer money between each other and businesses through electronic clearing systems owned by the banks and others like Paypal. Take these systems away from the banks....and what do they have?

    Bitcoin's are "cleared" i.e the payment system used to effect transfer between people and businesses using the people's electronic system - i.e the internet! The key is a high level of encryption. Once you understand that and once many people and businesses are comfortable using it......you/they will find using Bitcoin to pay for goods and services is more convenient than having to use a bank. Not only that as many know only too well, if it moves, your bank WILL charge. Bitcoin is not free, but the costs of transferring money are significantly smaller.

    Believe me the banks are scared! JP Morgan attempted 175 times in court to Patent the system, i.e so they could wrap it in laws, that would have made it their own. How many times would you try to patent something that you thought should belong to you? May be 10, maybe 20 times - not 175. That reeks of complete desperation!

    Bankers and governments love to be in control of everything and anything if it involves money. It's all about your assimilation in their "pond."
    {{ DiscussionBoard.errors[8951654].message }}
  • Profile picture of the author 8kaday
    My friend is an authority figure in this niche, so he makes money selling information about it (mostly focusing on how to mine litecoin).

    I wonder what other options of making money with and around bitcoin / litecoin and other digital currencies are there, as this is one of the biggest trends nowadays and possibly the currency model of the nearest future.
    {{ DiscussionBoard.errors[8951914].message }}
  • Profile picture of the author Taniwha
    Buy low, sell high.
    {{ DiscussionBoard.errors[8952516].message }}

Trending Topics