Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
JayJuanGee
on 23/09/2014, 09:19:15 UTC

The difficulty is now too high for investments in mining to really be profitable unless you do it really big... which most people cannot afford to do..

Honestly I can make 100 or 200 per day selling BTC on localbitcoins.com, which I think is a lot more profitable and less risky than mining.


Do you buy from exchanges and sell locally?

Coinbase and sell locally/online.

I would actually make a lot more $ if I didn't have to wait 4 damn business days between purchases.

It is possible to wire $ to an exchange but you still have to wait 2-3 days for the wire to go through and it is possible the price could rise before then, causing a loss on the trade.

You're eventually going to get caught and prosecuted for money laundering and unlicensed money transmitting. I hope you're not in the US.

http://www.fincen.gov/statutes_regs/bsa/title18b.html
And your name is QuestionAuthority?

Bill Maher questions authority. Edward Snowden breaks the law and gives up his life to question authority. I believe in people banding together to make change happen not vigilante crusades by single individuals that act unilaterally on my behalf. If you want to be a prison martyr go right ahead. Charlie Shrem decided against that idea when he made his plea deal and it was the right decision.

Bill Maher is a comic who says marxist ideas to make tens of millions of dollars a year, be loved and connected; snowden scarified everything for its beliefs but he may have broke the law doing so

Snowden is a freakin hero, yet it seems no one really care.. blind sheeps in their consumerism prison, letting murica behave as they always do, bombing and comploting to rule (enslave) the world.

HDBuck:    I realize that you are trying to maintain the image that you are NOT influenced by my prophetic posts, but really, dude, you stole all my idears, in your post.   Cheesy Cheesy Cheesy    I don't mind though, because I am a kind of charitable and sharing guy..  Tongue Tongue  I cannot help myself like that.   Cool