Steem blogging taught me one thing. It’s easy to earn steem power. But it’s harder to convert it into bitcoin. Not only it’s hard to make bitcoins but they are also harder to mine through the apps. I wonder how many people are even selling and buying it in real. Most of the people I know are just spending into bitcoin and doing some anonymous transactions. This can be really bad and often this sort of stuff is not safe at all. So I am thinking that the source of such crypto currency should be leading to the safe sources. Otherwise it can be used in some of the worst scenarios too.
Bitcoins can be exchanged in local online stores. And for me here in India, they are like 68K. So you can guess how important they are for me. It can change my life for sure. I want to see if there is anything I can do with the bitcoins which could earn me. For example, If I earn like say 10 bitcoins. That means I’d get a lot of bigger sum. That is something I want to see too one day. But from where I am right now in accumulating the bitcoin, that seems to be a dream. Because mining and faucet system is kind of hard and not something I’d consider if I were to be doing this in a sustainable way.
Mining the bitcoin is really hard. For example, mining 1 dollar worth of bitcoin may take year. And the PC power needed to get the earning is lot higher. So I guess some of the time I have to keep the bitcoin server in the background. If only I can do the mining in the safe way. I’d consider that such option would surely make me some decent money. But then again this is not the best way to make money from online.
Unless you have some other sources to earn bitcoin. I’d say this is not at all sustainable. I am surely going to be needing a much better source.
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I don't know so much about bitcoins. I joined one site that pays in bitcoins but it took so long to earn one, so I quit.
I also do not have much info about this bitcoin but i knwo you need to have money in the site to gain money and you may lost it, and its about point like what you are going to use to buy tings in some online wher they use bitcoin, but its not easy nor good method to have or pay for anyting i do online
Actually i know little about Bitcoin. I have earned a little and now i'am very interested about Bitcoin earning. But, I didn't go through mining... as it looks complected.
waste of time and money.
You are all idiots. You just aren't smart enough to make a living off of it.
@Anonymous no foul language here please.
Hi me I am still trying to learn bitcoins to see how it works
but I am seeing a lot of negetive
Indeed, earning good enough from Bitcoin takes time. I was using Hashocean. I earned good for a few months, then the site went down without a notice.
There were other options, but after August last, the bitcoin earnings have slowed after halving.
And other options like Litecoin, Dogecoin and Ethereum too are in nascent stages, though Ethereum might later on gain weightage.
So overall we need to be cautious.
Hi all,
One key thing to note about Bitcoin is, It is a virtual currency. And I suggest not to invest any amount in any of the websites to buy Bitcoins and to multiply them in short time. Yes, I completely agree with the statement that, earning Bitcoins is very tough online and is a very slow process. Most of the websites pay initially and then shuts their sites all of a sudden after earning some substantial amount from the members and the advertising networks. But the Bitcoin value is increasing gradually. The current value is $1705..
Contact me if you need info about bitcoin and other cryptocurrencies, they are the future of payment. i have benefited from it alot and am still benefiting