24 replies
There seems to be only a few ways to be able to earn Bitcoin and other types of ecoins.

The first is mining and for the most part this is going to be a waste of time as it takes so long to mine just one coin and depending on coin type may take some very high priced equipment to even get started.

The second is selling items and accepting payment in one of the coin types. This does work although there are still not that many people who want to pay that way.

The third way is to use faucets. There are many types of faucets and you can earn while playing games, donating computer time, or doing any number of other tasks.

There are literally hundreds of websites that you can go to and get coins of different types while just having fun.

You also will need to have a wallet to store your coins in. You can get one for free. Just search for your coins name and add wallet to the end and you can find plenty of free places to go to. Be sure and check the security.

I do not think you will get rich by doing this but you can pick up some extra cash. This is really good for low paid people.

Right now one Bitcoin is $200+ and the other coins are all different values.
#bitcoin #earning
  • Profile picture of the author Steve B
    You did see the Bloomberg article in yesterday's news?

    "Bitcoin Plummets 32 Percent in Two Days"

    Steve
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    • Profile picture of the author wf6713
      There is a regulated exchange that allows u to short bitcoin u can def make mobey thst way
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    • Profile picture of the author yukon
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      Originally Posted by Steve B View Post

      You did see the Bloomberg article in yesterday's news?

      "Bitcoin Plummets 32 Percent in Two Days"

      Steve

      You failed to add that Bitcoin is still up +75% for the last 3 months even after your bogus -32% claim, which tells me you don't use Bitcoins.





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  • Profile picture of the author Teravel
    It's always funny when I see Cryptocurrency threads on the warrior forum.

    Think about it. Cryptocurrency is a form of digital currency, that is only accepted at specific places.

    Why would you build your business around a form of money that you can't use without jumping through hoops or selling at a low-ball price? It's asinine!

    It's like living in the United States, and being paid in Chinese Yen. Why?!?
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  • Profile picture of the author Markets
    Bitcoin prices have a history of climbing and dropping, it will eventually reach a steady price. For now though, it will keep fluctuating greatly.
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  • Profile picture of the author James McAllister
    I was very heavily involved with cryptocurrency up until about 8 months ago. Not so much Bitcoin, but mainly the others (altcoins.) These markets were easily manipulatable with even a small amount of capital (less than $1,000) and there were a few nights in particular where I tripled my investment. Great times.

    Anyhow.... points 1 and 3 are worthless. The cost of electricity to mine is more than the yield, and faucets are not worth your time as you could make more money picking up pennies at your local mall.

    Funny that you didn't mention the easiest way to get it - buying it from an exchange.

    As far as Bitcoin as an investment goes - it will not go to 0 (there is a niche market for it and it has its uses), but it's certainly very volatile and not something I'd want to hold onto when I can easily put my money into the stock market.
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  • Profile picture of the author wf6713
    Thats why u trade bitcoin without owning it so u make money off the flucuations which giv higher returns than the stock market. ex it was at 280 a week ago dropped to 220 buy 10puts easy 600 with only 200
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  • Profile picture of the author RunCPA
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    • Profile picture of the author Cosmin
      Hi,

      What exactly you need to do on Ad Network - RunCPA to earn bitcoins? It`s just an affiliate program? Thank you

      Regards
      Cosmin
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      • Profile picture of the author effrenguess
        Originally Posted by Cosmin View Post

        Hi,

        What exactly you need to do on Ad Network - RunCPA to earn bitcoins? It`s just an affiliate program? Thank you

        Regards
        Cosmin
        They have bitcoin related offers as bitcoin trading, bitcoin mining, bitcoin debit cards, etc. You can use it to decrease the costs if you make lead for yourself.
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  • Profile picture of the author nisjet
    there are some easy ways to earn with digital currencies but you will need time, and hard cash to invest in those, but the return can be min 2x of your investment. Mining is prob the best way, you just need to know how to do it
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  • Profile picture of the author danielpbarron
    Originally Posted by locpicker View Post

    You also will need to have a wallet to store your coins in. You can get one for free. Just search for your coins name and add wallet to the end and you can find plenty of free places to go to. Be sure and check the security.
    You should not just download the first thing you find in a google search. The first step to starting in bitcoin is understanding how to use it properly. That is, learn how to use GPG; learn where the important people hang out. I doubt very much that a novice knows how to "check the security." Be very cautious with this thing; it's very serious business.


    Originally Posted by wf6713 View Post

    There is a regulated exchange that allows u to short bitcoin u can def make mobey thst way
    Do not go for a "regulated exchange." That defeats the whole purpose of bitcoin. We finally have a money that doesn't depend on the traditional means of fraud prevention, but people want to re-invent them anyway.



    Originally Posted by Teravel View Post

    Think about it. Cryptocurrency is a form of digital currency, that is only accepted at specific places.

    Why would you build your business around a form of money that you can't use without jumping through hoops or selling at a low-ball price? It's asinine!
    The point is you don't sell them. The point is you find a way to pay expenses with bitcoin, and make profit in bitcoin. The point is to destroy the old way of doing things; to make FIAT and socialism impossible once and for all.

    If that doesn't sound right for you, don't get involved. If you're going to remain tied to the traditional banking system, bitcoin will only be a liability for you. Of course if bitcoin is to take over the world, your ties to FIAT will be a liability. It's like choosing between the Axis and the Allies in the lead-up to World War 2. Make sure you pick the right side; you're likely to be hanged if you choose wrong.
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  • Profile picture of the author Tyler Pratt
    Unless you setup some HYIP using bitcoin as the currency, earning is going to be a ruff road.

    The computer power to get your own coins is beyond your power.
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  • Profile picture of the author King Bruce
    I currently make over $4K a month with bitcoins and it is all passive income. I will soon be inviting people into the group so look around for me and you will not be disappointed.
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    • Profile picture of the author kawaka
      Originally Posted by King Bruce View Post

      I currently make over $4K a month with bitcoins and it is all passive income. I will soon be inviting people into the group so look around for me and you will not be disappointed.
      how you did it please .
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      • Profile picture of the author 2learn
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        • Profile picture of the author locpicker
          I have just recently seen some security reports on 60+ bitcoin sites and they have trojan viruses on their websites that can infect your computer. It is part of the iframe on the page.

          Beware.
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          • Profile picture of the author agmccall
            Originally Posted by locpicker View Post

            I have just recently seen some security reports on 60+ bitcoin sites and they have trojan viruses on their websites that can infect your computer. It is part of the iframe on the page.

            Beware.
            I bet they also have a anti-virus software to take care of that and they probably only accept real money to buy it

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            The Flu? Not worthy of a mention here???
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          • Profile picture of the author yukon
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            Originally Posted by locpicker View Post

            I have just recently seen some security reports on 60+ bitcoin sites and they have trojan viruses on their websites that can infect your computer. It is part of the iframe on the page.

            Beware.

            OMG, trojan viruses on a website?

            Silly drama.
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  • Profile picture of the author Michael Fuentes
    I've tested bitcoin trading for the past 2 weeks (I'll tell you my reasons why I decided to do this later in this post); and

    I did this by investing $600 into buying and selling bitcoins; and

    After testing different markets for buying and selling bitcoins from last Monday to last Sunday -- I broke even, well not exactly since I spent 2 hours of my time each day, collectively ...

    -- BUT --

    I found a few secure platforms to buy bitcoins at reasonably low prices through very quick, secure and convenient payment methods; and

    I also found secure platforms to sell bitcoins at reasonable marked-up prices through payment methods that aren't risky and aren't inconvenient for bitcoin sellers like me ...

    -- AND --

    From Monday to today, I netted an average of 70 USD per day, for a maximum of 2 hours, collectively, per day ...

    -- SO --

    I intend to scale this up after another month or so of continuous testing; and

    My plan is to re-invest everything, since my initial $600 investment is something that I can definitely afford to lose for testing viable investment opportunities ...

    -- SO --

    Through a compounded investment plan -- After the fourth week, I could potentially turn my $490 net profits now into 3,920; and

    My $600 initial investment could turn into $4,030 ...

    SO --

    After these 6 weeks (including my initial 2-week testing phase) -- My $600-and-2-hours-per-day investment could potentially become $7,950 ...

    -- AND --

    That means from these 6 weeks -- I could earn $175 per day on average ...

    -- BUT THEN AGAIN --

    Prices could drop significantly, making my initial investment and current net profits vanish ...

    -- HOWEVER --

    Prices could also drastically shoot up, doubling or tripling or so my initial investment and current net profits ...

    -- SO --

    I think this is worth my time. It's just $600 to risk and 2 hours of my time each day to spend anyway as an investment, all for the following realistically possible benefits:

    ** Potential average earnings of $175 per day in 6 weeks;

    ** Reasonable long term viability potential; and

    ** Reasonable scalability, growth and expansion potential ...

    -- AND --

    As I promised -- Here are the reasons why I decided to do this:

    1. Significant numbers of product development groups, vendors and service providers, especially independent and start-up software creators, are starting to accept bitcoins as the only currency that they accept; and

    This is because doing this allows them to significantly:

    ** Lower down processing fees;

    ** Speed up transaction clearances;

    ** Reach markets where significant numbers of buyers do not have any other electronic means to pay for products and services online;

    ** Reduce the risks involved in fraudulent transactions -- These are where buyers file chargebacks and disputes after they get their products and services, and where stolen cards and bank details are used to get their products and services -- Both of which usually result to lost disputes, lost products, chargeback fees and closed merchant accounts / payment gateways for sellers ...

    2. Major corporations and financial institutions around the world have also started to accept bitcoins. And, more and more of them, on top of start-ups, independent groups and individual service providers are starting to do so each week ...

    3. There are many realistic future beneficial applications for a combination of blockchain technology, big data, a globally accessible ledger and a decentralized financial system not based on trust, especially with the early adaptations of IoT (Internet of Things) products, systems and processes in many industries ...
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  • Profile picture of the author yukon
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    Originally Posted by locpicker View Post

    The third way is to use faucets. There are many types of faucets and you can earn while playing games, donating computer time, or doing any number of other tasks.


    You're on the wrong end of Bitcoin faucets. You'll get pennies solving captchas, or whatever... Host the faucet.

    Claiming there's just 3 ways to get Bitcoin is silly. That's like saying there's only 3 ways to get dollar bills.

    You obviously don't have a clue about Bitcoin, especially the part insinuating it's extra money, like it's a paper route. Look at the rolling blockchain, there's millions of dollars worth of Bitcoin transactions happening daily.
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  • Profile picture of the author gregorybair
    So glad other people are interested in Bitcoin!!! I posted myself on the subject a few days ago, inquiring how frequently people are using it, but from the look of this thread it looks like it is a bit of a mix.
    There are a few other different ways one can get and use bitcoin. I actually met one guy who was paid exclusively in bitcoin (a freelancer, big surprise). Apparently you can use apps like coinbase to set up a bitcoin wallet and it becomes fairly easy to accept payment that way.
    As far as making free bitcoin, I think mining is by far the easiest and most accessible. Individually it can be very difficult. To mine bitcoin seriously, you really need to have a whole server farm and a ton of other hardware to handle all the traffic to make serious money. However, there are online communities where people essentially band their computers together to create a larger force (bitminter.com is a great example of this, and also a forum to discuss all things bitcoin). Of course, you can also earn bitcoin by completing various tasks online, but in that case, I do not see why you wouldn’t just take cash…
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  • Profile picture of the author johnben1444
    Bitcoin on it's own can not make you a lot of money unless you have lots and lots of it. Until then, the fluctuation may get you hypertensive.

    Most people i met that do this invest in other platforms and use the funds to buy into other system like mmm that pays 30% or more. Still risky to me since i barely understand how these systems works. No doubt, the early birds are still enjoying the float.
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  • Profile picture of the author explorersites
    It is very probable that the prices of bitcoin will go up on the long-term.That's because more and more businesses use it.Also,keep in mind that all of the deep web marketplaces use bitcoins.
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  • Profile picture of the author celente
    im hearing from powerful guys, that BITCOIN has a big future.

    IN australia we can already go to lots of cafes and buy coffe with bitcoin.

    The more I hear about it, the more excited i get. I have $10,000 invested in bitcoin, but something tells me, it should be more. Dunno but. to each and there own.

    The next big FB site, is already created, or VR site, we just do not know when they will expose it. So i think of bitcoin like this. SO many opportunities coming in CLOUD, MINING, VR, its crazy. But you have to get the timing right. Is all. :-)
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