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1345
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Economy / Economics / Re: The best way to invest Bitcoin?
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on: September 02, 2014, 12:06:51 AM
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Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.
And I was like...
What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?
Just buy and hold and let the value/price of bitcoin go up on its own. If you try to multiply your bitcoins by investing you're going to get burnt by a bunch of scammers. Really your only other legit option is to day trade bitcoin on bitfinex if you are knowledgeable in that subject. |
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1348
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Alternate cryptocurrencies / Mining (Altcoins) / Re: GAW Hashlet ROI Tracking
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on: September 02, 2014, 12:01:39 AM
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Well it has now been 10 days since I bought the Gaw Hashlet scrypt miner power. Just 10 days in and I'm already at 19% ROI with absolutely no electricity or cooling cost to myself (I subtract their $0.08 in fees from all of my calculations). And just 6 hours ago they gave me a free multipool hashlet, which is awesome, but I will not be accounting for the free extra mining power they gave in my ROI calculations to keep everything fair.
The bitcoin revenue per day is finally starting to decrease (although not by much) and thus a lengthening of the ROI time if it could still be bought today for the original price is occurring. It does look like it will make 100%+ ROI prior to becoming worthless though.
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1353
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Economy / Services / Re: Killer Deals on Next Generation HASHLETS! PM Me For Pricing
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on: August 30, 2014, 10:33:20 PM
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Hey Guys!!
Next Generation Hashlets Were Released Last Night!
ZigHash has them in STOCK!!
PM ME FOR PRICING
BTC ONLY
Please read this before buying hashlets: You understand that Hashlets are virtual service units related to mining services, but are not mining hardware. Hashlets earnings depend on the pool chosen and Payouts reflect respective Pool Payouts. Selecting a Pool does not imply physically or electronically mining at the selected Pool. Rather, selecting a Pool determines a Payout corresponding to a calculation based on the selected Pool’s payout (based on, for example, real-time Megahash/second/day calculations). A Hashlet is virtual software. You will receive Payouts according to the Pool with with the Hashlet is associated. You expressly understand the the Company’s sole obligation to You is to Provide a Payout based on the Pool you choose. It may take 24-48 hours for your Hashlet to appear on Your Portal. Company reserves the right to refund You, and terminate services, at any time and for any reason. All sales are final. Also there is a huge thread with unanswered questions about GAW here: https://bitcointalk.org/index.php?topic=720844.660Hmm.. that is an interesting TOS that does basically allow them to do anything they want with your BTC without any liability. What I can tell you so far is that my personal hashlets are currently about 15% paid off in just over a weeks time. They should make 100% ROI in a little over a month at which point I will take 1/2 of the payouts out and re-invest the other 1/2 so that there is no way I lose BTC once I've reached 100% ROI. If you're interested in following the ROI you can view mine here: https://bitcointalk.org/index.php?topic=752824.0 |
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1355
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Economy / Economics / Re: US National Debt / Deficit - How does it end?
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on: August 30, 2014, 07:52:08 AM
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I think it will ultimately turn out like any ponzi scheme and collapse under its own weight screwing almost everything in the economy. Then people will flocked into bitcoin and cryptocurrencies as the only reasonable alternative. The faster the people will switch, the less damage the economy will suffer.
Actually I think a more gradual switch is the key to doing less damage to the economy. Rapid switches means that everyone is grabbing for bitcoin as fast as possible and throwing every dollar at it, making the dollar quickly worthless and people's savings hit rock bottom. |
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1356
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: GAWMiner Hashlet Discussion Thread
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on: August 30, 2014, 07:41:41 AM
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i think the prime and solo are useless... why not continue selling like they did before?
They may make it so that they take a small fee for trading the primes and solos and thus are creating another market for themselves. Also the prime's will be able to switch pools and are controllable while the solos are pool-fixed, that might make the UI handling easier for them. Also I think they said the primes will be auto-upgraded on new hardware as it comes out, while the solo's won't be (maybe the primes will have more benefits later). |
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1357
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Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins?
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on: August 30, 2014, 07:20:50 AM
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Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc. I'm looking for real responses and ideas. Please keep the trolling to a minimum  I would put some in blockchain, some in wallet and some in cold storage. Yeah I think this is honestly the most logical way of doing it. I may add a trezor on there for an easier version of cold storage too. |
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1358
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 30, 2014, 06:18:58 AM
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GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.
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