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Title: What Bitcoin wallet that gives interest upon deposit? Post by: thebenjamincode on May 01, 2015, 03:46:18 PM hi there, is there a wallet like bitensure that gives users interest when they deposit funds?
or are there any altcoins alike? Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: unamis76 on May 01, 2015, 03:50:39 PM These Chinese guys give interest, as far as I know: https://www.jua.com/
Don't know any others... Obviously such wallets are not recommended :) Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: inBitweTrust on May 01, 2015, 03:51:16 PM hi there, is there a wallet like bitensure that gives users interest when they deposit funds? or are there any altcoins alike? Lets not promote ponzi's. http://www.coindesk.com/looking-inside-bitensure-bitcoin-savings-account-or-ponzi-scheme/ https://bitcointalk.org/index.php?topic=268416.0 Any business that guarantees a return with any cryptocurrency represents a fraud. Cryptocurrencies represent extremely high risk and volatile investments at the moment. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: thebenjamincode on May 01, 2015, 03:55:59 PM These Chinese guys give interest, as far as I know: https://www.jua.com/ Don't know any others... Obviously such wallets are not recommended :) wow that's great but i cant read it :D Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: thebenjamincode on May 01, 2015, 03:56:37 PM hi there, is there a wallet like bitensure that gives users interest when they deposit funds? or are there any altcoins alike? Lets not promote ponzi's. http://www.coindesk.com/looking-inside-bitensure-bitcoin-savings-account-or-ponzi-scheme/ https://bitcointalk.org/index.php?topic=268416.0 Any business that guarantees a return with any cryptocurrency represents a fraud. Cryptocurrencies represent extremely high risk and volatile investments at the moment. ok sorry, i was just looking for investments Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Phat Buzz Tart on May 01, 2015, 05:51:48 PM hi there, is there a wallet like bitensure that gives users interest when they deposit funds? or are there any altcoins alike? Lets not promote ponzi's. http://www.coindesk.com/looking-inside-bitensure-bitcoin-savings-account-or-ponzi-scheme/ https://bitcointalk.org/index.php?topic=268416.0 Any business that guarantees a return with any cryptocurrency represents a fraud. Cryptocurrencies represent extremely high risk and volatile investments at the moment. ok sorry, i was just looking for investments You can try lending some of your BTC on BTCJam.com Then get some interest on it. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: ashour on May 01, 2015, 06:10:39 PM A wallet that promises interest once you deposit bitcoin to it is probably a ponzi scheme. Stay away from these wallets that promise X return, they will probably take your bitcoin and run away with them.
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Amph on May 01, 2015, 06:13:42 PM A wallet that promises interest once you deposit bitcoin to it is probably a ponzi scheme. Stay away from these wallets that promise X return, they will probably take your bitcoin and run away with them. some of them are not ponzi, but you need to lock your balance for 1 year or more, meanwhile bitcoin ccould skyrocket or die, so in the end they are risky even if they are legit Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: ashour on May 01, 2015, 06:16:54 PM A wallet that promises interest once you deposit bitcoin to it is probably a ponzi scheme. Stay away from these wallets that promise X return, they will probably take your bitcoin and run away with them. some of them are not ponzi, but you need to lock your balance for 1 year or more, meanwhile bitcoin ccould skyrocket or die, so in the end they are risky even if they are legit Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Snail2 on May 01, 2015, 09:59:48 PM Cryptsy paying some small amounts as balance rebates after your BTC, LTC, XRP, and USD holdings. More info here (on the bottom of the page):
https://www.cryptsy.com/pages/fees (https://www.cryptsy.com/pages/fees) Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: inBitweTrust on May 01, 2015, 10:34:26 PM Cryptsy paying some small amounts as balance rebates after your BTC, LTC, XRP, and USD holdings. More info here (on the bottom of the page): https://www.cryptsy.com/pages/fees (https://www.cryptsy.com/pages/fees) I would avoid cryptsy as they have recently been working with promoting the Paycoin scam and taking over at least one "Prime controller". http://coinfire.io/2015/05/01/cryptsy-lying-about-following-all-state-laws/ Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Bitcoin_BOy$ on May 01, 2015, 10:37:13 PM I don't think this is logical , how can someone pay for his service ?? Beware of Ponzi ^_^
Good luck , Bitcoin Boy . Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: 1Referee on May 01, 2015, 10:39:35 PM Cryptsy paying some small amounts as balance rebates after your BTC, LTC, XRP, and USD holdings. More info here (on the bottom of the page): https://www.cryptsy.com/pages/fees (https://www.cryptsy.com/pages/fees) Cryptsy is totally not worth it. The amount they are willing to give is so small that you can consider it dust. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: unamis76 on May 01, 2015, 10:47:46 PM These Chinese guys give interest, as far as I know: https://www.jua.com/ Don't know any others... Obviously such wallets are not recommended :) wow that's great but i cant read it :D There's an English version, just select your language on top right :) Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Bizmark13 on May 02, 2015, 03:02:25 AM hi there, is there a wallet like bitensure that gives users interest when they deposit funds? or are there any altcoins alike? Out of the major exchanges, Bter used to offer interest for deposits. You had to log in once per day to claim it though. Not sure if they still offer this anymore after their major hack which happened earlier this year. As for altcoins, there is an altcoin called BitShares which has market-pegged assets. They're not actually backed by the asset that they represent but instead, they use a complicated mechanism to keep their prices reasonably close. It has worked pretty well so far. One of these assets is bitBTC. There are a few others such as bitUSD and bitGOLD. These can earn interest while reducing the risk of being goxed since the assets aren't kept on a centralize exchange: Quote "If you own BitBTC you can earn dividends on your bitcoins," said Larimer. "If you have a thousand bitcoins and you convert them to BitBTC, and then you hold it for six months, then you convert the BitBTC plus the dividends you received back to bitcoins, you’ll end up with more bitcoins than you started with." You can see all of them here: http://bitsharesblocks.com/assets/market Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: tokeweed on May 02, 2015, 03:10:35 AM hi there, is there a wallet like bitensure that gives users interest when they deposit funds? or are there any altcoins alike? Do they work like a bank? Because banks loan out our deposits and get profit via interest out of them. Then they give you miniscule interest for your deposit. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: bitbaby on May 02, 2015, 04:13:29 AM A wallet that promises interest once you deposit bitcoin to it is probably a ponzi scheme. Stay away from these wallets that promise X return, they will probably take your bitcoin and run away with them. some of them are not ponzi, but you need to lock your balance for 1 year or more, meanwhile bitcoin ccould skyrocket or die, so in the end they are risky even if they are legit ^This. Bter was giving daily interest to people for keeping their Bitcoins in their wallet and then one day they were apparently "hacked". The sites which are advertising that is to lure people in and once they accumulate enough funds they run away. Best just keep your funds in your wallet. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: hua_hui on May 02, 2015, 04:29:02 AM Have a look at https://bitcointalk.org/index.php?topic=774359.0
There are different choices for you to earn bitcoin interest! Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: scryptasicminer on May 02, 2015, 04:38:36 AM Have a look at https://bitcointalk.org/index.php?topic=774359.0 There are different choices for you to earn bitcoin interest! How safe are the companies offering interest rate? Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: chmod755 on May 02, 2015, 04:40:23 AM Find out what they are doing with your money and who's behind the company you're planning to use.
Keep in mind that you won't have access to your funds for a while. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Q7 on May 02, 2015, 07:32:47 AM For all I know they are using the fund to perform arbitrage trading and whatever profit will be returned back to the account. These type of trading method require huge amount of fund scattered everywhere in different exchangers to take advantage of the spread during high volatility. So, it's like an investment option but with higher risk. Imagine if the owner run away with all the btc or on another scenario, they were not able to pay you back. You have to consider all these.
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Lorenzo on May 02, 2015, 12:42:59 PM ^This. Bter was giving daily interest to people for keeping their Bitcoins in their wallet and then one day they were apparently "hacked". The sites which are advertising that is to lure people in and once they accumulate enough funds they run away. Best just keep your funds in your wallet. I doubt Bter was a scam. Personally, I believe they that they were genuinely hacked although I guess it's pretty hard to prove it either way. For all I know they are using the fund to perform arbitrage trading and whatever profit will be returned back to the account. These type of trading method require huge amount of fund scattered everywhere in different exchangers to take advantage of the spread during high volatility. So, it's like an investment option but with higher risk. Imagine if the owner run away with all the btc or on another scenario, they were not able to pay you back. You have to consider all these. Unfortunately, "arbitrage trading" is also a common excuse used by ponzi scams to hide the true nature of their "investments". It was the excuse that Bitcoin-Trader used as well as the same excuse given by Pirate's ponzi. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: scryptasicminer on May 02, 2015, 04:49:04 PM ^This. Bter was giving daily interest to people for keeping their Bitcoins in their wallet and then one day they were apparently "hacked". The sites which are advertising that is to lure people in and once they accumulate enough funds they run away. Best just keep your funds in your wallet. I doubt Bter was a scam. Personally, I believe they that they were genuinely hacked although I guess it's pretty hard to prove it either way. For all I know they are using the fund to perform arbitrage trading and whatever profit will be returned back to the account. These type of trading method require huge amount of fund scattered everywhere in different exchangers to take advantage of the spread during high volatility. So, it's like an investment option but with higher risk. Imagine if the owner run away with all the btc or on another scenario, they were not able to pay you back. You have to consider all these. Unfortunately, "arbitrage trading" is also a common excuse used by ponzi scams to hide the true nature of their "investments". It was the excuse that Bitcoin-Trader used as well as the same excuse given by Pirate's ponzi. Certain trading strategies involving arbitrage still work during market volatile time. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: ArticMine on May 03, 2015, 03:02:27 AM At one point there was pirateat40 https://bitcointalk.org/index.php?topic=50822.0 (https://bitcointalk.org/index.php?topic=50822.0); however that did not turn out very well for the investors.
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: pitham1 on May 03, 2015, 09:04:37 AM At one point there was pirateat40 https://bitcointalk.org/index.php?topic=50822.0 (https://bitcointalk.org/index.php?topic=50822.0); however that did not turn out very well for the investors. People knew that 7% per week is unsustainable. Yet people did deposit bitcoins with him. Greed can make people throw caution to the winds. As for me, I would be very sceptical of a wallet which pays interest. Only if was from an established company, with wide ranging interests (not just crypto) and verifiable financials, would I even consider it. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: btcsnatcher on May 03, 2015, 09:14:06 AM how would such wallets pay interest??? Even if they did i don't suppose such interest would represent considerable fraction of the original deposit???
And if they paid interest every time a new deposit or withdrawal would result in a different amount to be paid wouldn't it??? Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: louise123 on May 03, 2015, 10:46:32 AM Guys, when you find or magically create this wallet please let me know.
I would like to have one. :P Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: btcsnatcher on May 03, 2015, 04:22:35 PM you'll be the first one to know... ;D ;D
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: randy8777 on May 03, 2015, 04:28:39 PM how would such wallets pay interest??? Even if they did i don't suppose such interest would represent considerable fraction of the original deposit??? And if they paid interest every time a new deposit or withdrawal would result in a different amount to be paid wouldn't it??? people always look to find ways to make a few bits. but most of the time it's not worth it. reward is too low to make it interesting for people. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: btcsnatcher on May 04, 2015, 04:47:49 AM how would such wallets pay interest??? Even if they did i don't suppose such interest would represent considerable fraction of the original deposit??? And if they paid interest every time a new deposit or withdrawal would result in a different amount to be paid wouldn't it??? people always look to find ways to make a few bits. but most of the time it's not worth it. reward is too low to make it interesting for people. also the probability of getting a high payout in any given faucet is highly unlikely. So it could indeed be a waste of time. Anyway thanks though. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Mt. Gox on May 04, 2015, 08:29:08 AM Certain trading strategies involving arbitrage still work during market volatile time. It would be difficult to know if they are actually doing what they claim to be doing unless they are completely open about their funds. At one point there was pirateat40 https://bitcointalk.org/index.php?topic=50822.0 (https://bitcointalk.org/index.php?topic=50822.0); however that did not turn out very well for the investors. People knew that 7% per week is unsustainable. But many people including coblee invested into it, and theymos let them show their ads on the forum. At one point there was pirateat40 https://bitcointalk.org/index.php?topic=50822.0 (https://bitcointalk.org/index.php?topic=50822.0); however that did not turn out very well for the investors. People knew that 7% per week is unsustainable. Yet people did deposit bitcoins with him. Greed can make people throw caution to the winds. As for me, I would be very sceptical of a wallet which pays interest. Only if was from an established company, with wide ranging interests (not just crypto) and verifiable financials, would I even consider it. An established company wouldn't deal with cryptos anyway. They might convert the cryptos into fiat but then you could lose out if the BTC price appreciates. how would such wallets pay interest??? Even if they did i don't suppose such interest would represent considerable fraction of the original deposit??? And if they paid interest every time a new deposit or withdrawal would result in a different amount to be paid wouldn't it??? people always look to find ways to make a few bits. but most of the time it's not worth it. reward is too low to make it interesting for people. Expected reward could actually be negative if the risk of it being a ponzi and collapsing is taken into account. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: BitcoinAddicts on May 04, 2015, 05:28:47 PM any bitcoin wallet that gives you interest, controls your bitcoins and there are risk they can scam you whenever they want
don't fall in trap of small interest and always use official wallet Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: bandana on May 27, 2015, 03:24:57 AM getting interest for depositing bitcoins sounds interesting but holds alot of risk.
what if some day you deposit a large amount of bitcoins and the other day you find it missing or if your wallet gets crashed. Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: harrymmmm on May 27, 2015, 03:50:46 AM I haven't seen anyone mention bitfinex. They (used to?) offer interest on btc and fiat within the exchange. Maybe that's not there now. dunno. The risk is that they just run off with your coins, but they've been looking pretty good for a long time now.
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: lahm-44 on May 27, 2015, 12:42:59 PM you should try some lending sites if you need intrests on your money but keeping your money on the wallets which pays intrests are 99.9%risking they are either ponzi scheams or scams in both the cases you will losse your money..and if you really want to lose your money then i will suggest even gambling is also much better than ponzies atleast you can try your luck there
Title: Re: What Bitcoin wallet that gives interest upon deposit? Post by: Lorenzo on June 01, 2015, 01:09:37 PM ^This. Bter was giving daily interest to people for keeping their Bitcoins in their wallet and then one day they were apparently "hacked". The sites which are advertising that is to lure people in and once they accumulate enough funds they run away. Best just keep your funds in your wallet. I doubt Bter was a scam. Personally, I believe they that they were genuinely hacked although I guess it's pretty hard to prove it either way. For all I know they are using the fund to perform arbitrage trading and whatever profit will be returned back to the account. These type of trading method require huge amount of fund scattered everywhere in different exchangers to take advantage of the spread during high volatility. So, it's like an investment option but with higher risk. Imagine if the owner run away with all the btc or on another scenario, they were not able to pay you back. You have to consider all these. Unfortunately, "arbitrage trading" is also a common excuse used by ponzi scams to hide the true nature of their "investments". It was the excuse that Bitcoin-Trader used as well as the same excuse given by Pirate's ponzi. Certain trading strategies involving arbitrage still work during market volatile time. True, but "arbitrage" is also a perfect excuse for a ponzi scheme to cover the nature of their operations. And the fact that those traders that actually do perform arbitrage tend to keep the details of their operations secretive in order to maximize their returns doesn't help either. Personally I wouldn't trust any service that accepts investments if the source of the profits is simply attributed to "arbitrage". I haven't seen anyone mention bitfinex. They (used to?) offer interest on btc and fiat within the exchange. Maybe that's not there now. dunno. The risk is that they just run off with your coins, but they've been looking pretty good for a long time now. They still do. You can choose to offer liquidity to traders by providing funds for people to use to margin trade: Quote from: Bitfinex Our liquidity feature goes hand in hand with the margin trading feature described above. If you are not a trader and prefer safer investments, this feature is for you. Bitfinex allows you, using your deposit wallets, to provide liquidity in the form of Bitcoins and/or dollars to traders. You can enter offers with your own chosen terms (return rate, duration, and amount). When an offer is taken by a trader, the money in your wallet will be used to buy or sell Bitcoins, and a CFD (credit) will be opened. When the position expires (the trader closes his position), Bitcoins are bought or sold back and the money is returned to your wallet. You are not exposed to exchange risk when you lend with Bitfinex. The exchange risk is taken on by the trader, and, in case his position loses money, he will cover the loss with funds in his trading wallet. Link: http://www.bitfinex.com/pages/howitworks#lending |