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BTC Consumption

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MikeJohnson

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Howdy,

One thing that I've heard fairly consistently from people inside my social circle is that Bitcoin is literally consuming a ton of time.

When you first learned about Bitcoin did you suddenly find a majority of your time being sucked up by Bitcoin?

It certainly seems that when you first learn about Bitcoin you have to spend a lot of time learning about Bitcoin, and then you become sucked in to Bitcoin.

How much of your time is consumed by Bitcoin each day? 10%, 20%, even higher?

I have to admit we are at 100% for me right now. I literally get up and start each day with Bitcoin and go to bed each night as I wrap up with Bitcoin.

What about you?

Posted on July 5, 2014 at 11:02 AM

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• Mike

  

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  Wholeheartedly agree. Somewhere around 25-30% of my average day is spent interacting with bitcoin in some way.

  Posted on July 5, 2014 at 11:06 AM
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• jshow5555

  

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  Big % of my time too.

  Posted on July 5, 2014 at 11:15 AM
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• Cryptonaut

  

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  Since about mid 2012, basically BTC every day for me. I would say its probably a good thing since iv been able to make more or less of a living off of it :)

  Posted on July 5, 2014 at 11:42 AM
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• MikeJohnson

  

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  @cryptonaut Since about mid 2012, basically BTC every day for me. I would say its probably a good thing since iv been able to make more or less of a living off of it :)

  Is it your exclusive source of income at this point?

  Posted on July 5, 2014 at 1:04 PM
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• davidareallen

  

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  @coinfire Howdy,

  It certainly seems that when you first learn about Bitcoin you have to spend a lot of time learning about Bitcoin, and then you become sucked in to Bitcoin.

  I think that suggesting one is "sucked in" is quite misleading.

  When I learned of Bitcoin it was yet-another-interesting-tech-thing until about 6 months later May of last year, when I realized I wanted to know a lot more. I started to research in my spare time, and then taking time from my regular schedule to explore more possibilities, until about 1.5 months ago when I determined Bitcoin would be my working life focus.

  I still feel like I am in preparation mode for many things that are yet to come, and basic education in the changing Bitcoin world is essential for those of us who are dedicated to mainstream adoption.

  How or where I make, or spend, my time and money is normally a personal conversation, but I can understand why you might want to know. I make time by being as physically fit as possible with exercise and diet. I make my income by providing value to those who see the value. See DAVACOIN for more info.

  http://letstalkbitcoin.com/forum/post/davacoinxcp-david-r-allens-value-proposition

  Posted on July 5, 2014 at 1:34 PM
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• Cryptonaut

  

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  @coinfire

  @cryptonaut Since about mid 2012, basically BTC every day for me. I would say its probably a good thing since iv been able to make more or less of a living off of it :)

  Is it your exclusive source of income at this point?

  Not quite, but its getting pretty close

  Posted on July 5, 2014 at 2:32 PM
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• sile16

  

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  It comes in waves, 2011 (damn i wish I'd had stayed more involved after the crash), Feb of 2013 till.... now it's been non stop thinking about bitcoin / crypto currency.

  Currently, it's really hard not to talk about it. I actively avoid mentioning it around the wife as much as possible.... but that means I only mention something 3 or 4 times a day instead of 20...

  Posted on July 5, 2014 at 7:45 PM
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• MikeJohnson

  

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  @mjroncone Wholeheartedly agree. Somewhere around 25-30% of my average day is spent interacting with bitcoin in some way.

  It certainly seems that time is being spent by many others on Bitcoin in someway as well.

  When you think about it though, how much time do we spend obsessing or indirectly worrying about fiat money?

  Posted on July 6, 2014 at 11:03 AM
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• Rob

  

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  Forget Bitcoin, just this LTB board is suddenly taking up a too much of my day! I was saying to myself I wanted to simplify my life because I was just too busy. And then I got sucked into bitcoin. I don't even want to guess how much time is related to Bitcoin and related projects.

  Aside from being hands-on with bitcoin-related projects and daily reading (and multitasking with Bitcoin podcasts), I have what I consider an odd practice. I perform daily Google image searches for the word Bitcoin, limited to the previous 24 hours. I started the very obsessive practice to find my own creative commons Bitcoin images being used (I then use examples of published images for marketing purposes). But aside from that purpose, it's interesting to see the new images associated with Bitcoin each day.

  Posted on July 6, 2014 at 12:04 PM
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• MikeJohnson

  

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  @jshow5555 Big % of my time too.

  What sort of things are you doing with that time? Looking up prices? Researching and reading? The news? Forums? All of the above?

  Posted on July 6, 2014 at 2:29 PM
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