Quote from: bittraffic on November 15, 2016, 04:08:00 PM

Quote from: deisik on November 15, 2016, 04:04:12 PM

Quote from: Tyrantt on November 15, 2016, 12:25:33 PM

Quote from: Begd1540 on August 24, 2016, 08:46:23 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.

I agree that trading could potentially bring you handsome profits, but if you had mined a few thousand bitcoins without any significant expenses and efforts in, say, 2010 and then sold your stash altogether in 2013 at the price of over $1,000 per coin, I don't think you will be particularly interested in trading a few bitcoins nowadays. Anything that you might earn these days through trading or investing would be dust when compared with profits made in the way I described...

So Bitcoin would definitely be a dead horse to you now