Has anyone tried exchanging bitcoin as a way to make money?
So the idea I am thinking of is buying bitcoin/etherium or any other crypto from a website with low commissions or from people who want to sell them quickly. And then selling it for more with a small commission for profit. Can this be a profitable business idea or is it hard to do due to different kinds of fees? Disclaimer I do know it won't be a passive income if I do this, but you can definitely make it passive down the road. You can set up a website that does the orders for you and such.
Stop the FUD. Bitcoin is UP $215 or 10.8% since exactly one week ago on the exchange GDAX. Forget about the short, quick spike completely and think about this rally overall, and more importantly, Bitcoin as a technology rather than a quick method to make money.
Cryptocurrency trading and payments in crypto will not be taxed in Portugal! Portugal tax authority has made Bitcoin trading and payments tax-free by making the exchange of crypto for fiat money free of VAT.
05-16 08:53 - '[efintech.life] / / I think this site provides outstanding service for macro-level arbitrage trading with lots of exchanges I've never seen before. / Please enjoy it making lots of money using this useful tool. A...' by /u/ns2john removed from /r/Bitcoin within 253-263min
''' [efintech.life]1 I think this site provides outstanding service for macro-level arbitrage trading with lots of exchanges I've never seen before. Please enjoy it making lots of money using this useful tool. And when you can please leave your reply. Thank you so much! This is my referral link: [[link]3 ''' Context Link Go1dfish undelete link unreddit undelete link Author: ns2john 1: e*inte*h.*ife 2: bi*ly.***fOsm 3: bi**y*k*SfOsm*^^2 Unknown links are censored to prevent spreading illicit content.
The more friends you invite, the more money you make. Use the dedicated Coinware "Refer a Friend program" http://coinware.co #presale #Cryptocurrency #trading #exchange #money #cryptomoney #Blockchain #bitcoin #Ethereum #cwt #token #ERC20
12-23 05:32 - 'You buy btc cheap on their exchange and send it to your regular exchange and sell = profit. Did this arbitrage trading early this year and made some $$$$. Just make sure you keep record of your trades and put aside tax money. They...' by /u/_RKT removed from /r/Bitcoin within 18-28min
''' You buy btc cheap on their exchange and send it to your regular exchange and sell = profit. Did this arbitrage trading early this year and made some $$$$. Just make sure you keep record of your trades and put aside tax money. They audit you and they find that you didn't pay tax, you'll be in big trouble (unless you're in a country where you don't get taxed on monetary gains on crypto) ''' Context Link Go1dfish undelete link unreddit undelete link Author: _RKT
Anyone calling Proof of Keys a "bank run" is confusing banks - who give loans and are fractional reserve by nature - to exchanges and wallets which make money on trade and transfer fees and should always be 100% solvent. /r/Bitcoin
What does "TL;DR. NO you will not make money mining. Go and buy some Bitcoins on the exchange and sell your XBOX or something for Bitcoins." mean?
Someone wrote this years ago. When mining with a regular-power computer, do they mean you make literally nothing? or just like, equivalent of pennies? how much pennies could you collect with 24 hours of mining with a regular pc? ballpark estimate like:
How do I start mining? Best way to get your feet wet with mining, is to do the following: -Join a mining pool, like Slush's Pool . -Download a mining software, like the GUI Miner. -Using the credentials from the pool, configure your miner and click "Start mining". It's that easy! Now you can let your computer earn money for you!
Also, the wiki says "Irreversible. Once a transaction is settled nobody can undo it, like cash. (but consumer protection is still possible.)" a website said that. how much moneycould me made that way? How can you undo cash??
Ways to make money on Bitcoin. Almost any cryptocurrency earnings are designed to maintain the upward trend of BTC. Then the desire to increase the amount of savings in Bitcoin is justified. If their price starts to fall, it will be more profitable to trade on the exchange, receiving a profit both on growth and on reduction. But for now, there are several ways open to those who want to earn ... Speculation at the exchange. This is probably the quickest and easiest way to make money using digital currency. Just like the regular exchange, Bitcoin trading requires low cost purchases and sales during the price increase. To start trading, you have to set up an exchange account and then deposit yours funds into it. Check how to do it here. However, there is a way to make money mining Bitcoin without moving to China to set up a mining farm. With the recent drop in Bitcoin price from the $11,000-handlle to the lower $ 8,000’s, many mining companies are going broke that bought equipment at prices above the $10,000-handle. As a result, you can find second-hand mining rigs, with plenty of service life, for auction prices on sites ... There is huge potential to make money on trading in Bitcoin, ... Once purchased, you can then transfer your Bitcoin to whichever exchange you wish to operate on. If you wish to consider trading, here are some of the options: Day Trading. Day trading is buying and selling Bitcoins on the same day on the basis of small, short-term price fluctuations in the market. Such fluctuations may be based ... The company has also partnered with companies like Dell (and Money’s parent company, Time Inc.) to facilitate bitcoin purchases by acting as a middleman and converting bitcoins to cash. Now Coinbase is entering the exchange market as well, and hoping to provide legitimacy and security that foreign competitors have lacked. Mt.
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