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April 19, 2014, 09:37:06 AM *
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 on: Today at 09:37:06 AM 
Started by Invest Bitcoin - Last post by Benson Samuel
Best I can do here is pass this on to the person behind this.

It would help to understand the 'way around this' as that can also be passed on.

So what will be the payout in case we follow kittucrypt's example, if i choose for it to be in BTC -- considering you are asking for BTC investment? 2,65,000/27,500  = 9.363636 ...a 6.4% loss...why will someone invest with you again? Please dont say "protecting the current value of BTC" .....cause what happens if BTC value goes down below the current rate? Say 22,500 --- will you send me 11.78 BTC? Or just the 10.6 BTC?

You would get back the equivalent at that point in time + the interest rate as per the application code.
So if the rate goes down, you will get the equivalent of eg. 265000 INR in BTC or any other currency + the interest rate. Which would mean that you would get more BTC than you had originally invested due to the rate drop.

Hope that answered.

As you said, investments are a very personal choice.

PS: I will advice him to take down the site and relaunch with better documentation, etc.. Hopefully relaunch with gold as well.

Benson I dont thinnk he will get equivalent to 26500 + interest, coz if he invested in bitcoin then interest also in bitcoin, just think other way price will increase to 53k inr that time means he will get only 0.5 BTC + interest its means he will be in loss.

OP plans to convert the BTC to INR at the point of deposit or withdrawal. So, he invests in INR, not in BTC.

 on: Today at 09:37:04 AM 
Started by Karmagood - Last post by kahir
karma dumpers


 on: Today at 09:36:58 AM 
Started by missworld - Last post by jodybay
Once upon a time i received that message but not now

All of us were newbie once upon a time Wink

yeah seems like yesterday i am very super fraustrated about that message and i want yo ask the mods about that Cheesy but i ignored it instead making fuss about it Cheesy 2 weeks of waiting doesnt hurt anyway

 on: Today at 09:36:48 AM 
Started by guldencoin - Last post by veertje
Payments in are not recieved since yesterday evening. Apparantly the pool is on a wrong chain suddenly. Huh

I mined a while for testing at midnight. The difficulty was very low and a lot of coins were mined. Confirmed coins have been send to the wallet, but dit not arrive anymore.

Sad for me, because it was in the thousands of coins  Grin Sad

How come, I don't know, that the pool is not synchronized anymore.

 on: Today at 09:36:34 AM 
Started by ipominer - Last post by smfx_459
good,I will continue to focus on it,Because I believe zhat there is a big space is waiting for it Smiley

 on: Today at 09:36:32 AM 
Started by kk48373374 - Last post by btcpay86

 on: Today at 09:36:30 AM 
Started by Information-Coin - Last post by airtreb
Apply: Lvl 3
Reason: POS Coins are the future
FB Account: airtreb

Thanks in advance

 on: Today at 09:36:28 AM 
Started by smaragda - Last post by smaragda
"you may say I'm a dreamer, but I'm not the only one"?  Grin

thnx for the bump!    Wink

 on: Today at 09:36:22 AM 
Started by eduffield - Last post by thelonecrouton
If the price remains (artificially?) low for a while yet, I'm fine with that! I want to increase my stake by a significant percentage while I can afford to.

Don't really see what people are moaning about. Do you really think the BC/WC day traders are the ones who will have the last laugh? Go join them, good luck.

 on: Today at 09:36:12 AM 
Started by bitcasino - Last post by hologram
empire romain s'est désintégré y a 2000 ans en partie a cause de la faiblesse de sa monnaie or refondue et diluée (avec du non précieux) pour financer les efforts de guerre (ça rappelle pas les US en Irak, vietnam etc... tout ça pour un droit sur l'ENERGIE en plus?Huh)

l'empire romain a fait faillite suite à des lois clientélistes (monopole des producteurs de vins italiens par exemple).

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