Miguel_Zorro said:
mrstickball said:
Mr Khan said:
The US Treasury Department regards Bitcoin as a money-laundering operation. They knocked over LibertyReserve (or whatever it was called) recently, although Bitcoin is much less traceable.
If Bitcoin can be sold for cash, this could be a worthwhile endeavor, though. |
You can sell Bitcoins for cash... Its not too hard. CoinBase is a processor of BTC, and you can pull money from it pretty easily. It also makes it so that AltCoins can be mined rather easily too.
At current prices, I make about $150 a day. At times, I've been doing $500+
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A few questions..
- How much up front investment was required?
- Do you mean $500+ profit, or before electricity costs and so on.
- How much effort, if any, is required?
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1. About $20,000 in total.
2. In profit. Electricity is maybe 5% of profits.
3. Viewing monitors and making sure nothing blows up.
