Bitcoin Forum

Other => Beginners & Help => Topic started by: Joe200 on July 03, 2012, 08:41:52 PM



Title: GLBSE mining bonds
Post by: Joe200 on July 03, 2012, 08:41:52 PM
These mining bonds on GLBSE sure do pay huge interest.

What's the catch?


Title: Re: GLBSE mining bonds
Post by: eurosail on July 04, 2012, 01:46:52 AM
From what I can see, the technology that miners use is always changing. If you invest your money in a mining company making great returns today, you might not be guaranteed those same returns when their machines become obsolete. It might be worth investing your money in a larger mining fund that invest in many smaller mining companies. This well help protect your investment against severe losses.


Title: Re: GLBSE mining bonds
Post by: Bitcoin Oz on July 04, 2012, 02:03:55 AM
From what I can see, the technology that miners use is always changing. If you invest your money in a mining company making great returns today, you might not be guaranteed those same returns when their machines become obsolete. It might be worth investing your money in a larger mining fund that invest in many smaller mining companies. This well help protect your investment against severe losses.

+1


Title: Re: GLBSE mining bonds
Post by: Bitcoin Oz on July 04, 2012, 02:04:57 AM
Which are the best index funds that invest this way ? I know of BMF and MU and BMMO