Anything sustainable worth of investing?

[Minerjoe]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.

[EMIF]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.

No , not at all. Unless a legal framework isnt set up for bitcoin businesses and bitcoin stock exchanges  , its really hard to find a sustainable ( paying dividends more than +1 years ) bitcoin business.

And it seems at least 2-3 years we have to wait for that.

[BrianM]

There are honest and noble people left in bitcoin.
They can be a bit hard to find but they are there.
I have both encountered nasty scammers and very nice honest and friendly people.
But in real life it is the same, I am 48, and I have meet many people in my life that I would not trust with one single dollar,
but I have also meet people that I would trust my life to.

[Minerjoe]

There are honest and noble people left in bitcoin.
They can be a bit hard to find but they are there.
I have both encountered nasty scammers and very nice honest and friendly people.
But in real life it is the same, I am 48, and I have meet many people in my life that I would not trust with one single dollar,
but I have also meet people that I would trust my life to.

I fully agree but I would appreciate examples inside the BTC economy. So we can help these honest people can funding for their projects and deny the same to scammers.

[Timetwister]

I wish there was. The only decent investment that I have found is Bitfinex (lending BTC/USD there), and I'm not even sure about that one.

[Minerjoe]

I wish there was. The only decent investment that I have found is Bitfinex (lending BTC/USD there), and I'm not even sure about that one.

How can we expect BTC ecosystem to develop then. If there s nothing we can actually invest in??

[runam0k]

I'm hoping the new SEC crowdfunding rules (i.e. start-ups are now able to raise up to $50m from non-accredited investors) will help.

Part of the problem, put simply, is that only people willing to break the law have been involved in offering BTC securities to date (because, duh, public offer rules are enormously restrictive -- 99% of BTC offerings are illegal).  Invaraibly, inevitably, they are exactly the sort of people willing to run with funds or otherwise shaft investors.  Welcome to Libertaria.

Hopefully we'll see more bona fide start-ups raising BTC funding in legit public offerings in future.  Start-ups with real people who make real disclosures and who are subject to real due diligence.  Some will fail, of course, but that's the nature of high risk, high return investments.

[gogxmagog]

put simply; NOP

[medUSA]

Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days?

I afraid so. A business which looks profitable and sustainable could turn into a scam any minute. An investor had no way to know that beforehand. The only way to verify authenticity of a business is to make a visit to the address and see for yourself. This is difficult since bitcoin businesses could be anywhere in the world.

It is not the time yet for bitcoin denominated investments. I expect them to be more a few years down the road.

[Lboss]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.

I dont think there are no sustainable crypto currency denominated stocks.

They dont have to be  scam but sometimes its just lack of management skills or changing nature of BTC related businesses (mining: wrong design ; late delivery).
So, even if you find some company which seems pretty legit and trusthworthy, this doesnt mean it will go forever.

Im not taking this risk anymore. Trading altcoin , investing innovative altcoin make much more sense and less risky to me. Before investor protection by laws, I will just stay away from BTC stocks or businesses.

[Minerjoe]

So you are telling me this entire industry consist of mining, exchanges and hoarding???

[Phildo]

For something to be sustainable you need a company that can actually generate bitcoins AND that you can trust to not screw you over. You need to trust them not to screw you over, in general, which appears to be hard enough, AND you need to find someone so trustworthy that they won't screw you over under the immense pressure to screw you over that would come up if the price goes up significantly.

It doesn't really make sense to invest in someone that's going to sell the coins to get cash to do something, because they will not be able to pay back your coins if the price goes up. And it appears that it's been almost if not completely impossible to find someone trustworthy enough.

[Minerjoe]

I have to say I am really worried about this entire economy. It s true that we re still in the early stages of development of meaningfull crypto securities markets but NOTHING. I guess it s in human nature to scam if allowed to do so.

[Branny]

I have to say I am really worried about this entire economy. It s true that we re still in the early stages of development of meaningfull crypto securities markets but NOTHING. I guess it s in human nature to scam if allowed to do so.

If you look at most hashing organizations, and then look at historical difficulty, growth of bitcoin and the like it SHOULD be pretty apparent to people that if you want a solid investment (Not one for churn and burn) then there really aren't any mining companies out there that has a sustainable business, because mining in of itself isn't overly sustainable in a long term way unless you have severe capital and hardware infrastructure. Usually if you have those two you don't have to rely on internet investors in exchanges.

I certainly wouldn't say that all businesses are in violation of the SEC rules, believe it or not, some companies on the market do retain legal advisory and they've indicated that deals CAN be structured legally to accept investment.

SEC's A+ system is by far one of the best things to happen to crowdfunding in the US. The requirements are absolutely fantastic, and terms are great to small businesses who are starting up. Granted, out of all the businesses on HL, cryptostocks and the like, very few will be able to meet the requirements (We will be one of the few that is eligible and will go for A+ as soon as the SEC rules are finalized in 60 days).

Additionally, it hasn't helped the bitcoin ecosystem that most investors as well as issuers want to retain as much anonymity as possible. A honest question that people need to ask is how many issuers can you think of could be reached by phone or physical mail during the startup and issuing phases of business? I can't think of many, almost all of them were email addresses, and websites and nothing more. Sure some had names, but most people successfully faded into the background once their scam was complete, or the business faltered.

With A+ there's certainly going to be more investor protections, but people will need to realize that the average startup failure is in the 60% range already, and with new tech it's even higher. Rewards are certainly high, but i can't think of any bitcoin-specific entities that have done quite well, granted a few  are still establishing themselves and haven't collapsed yet.

[Bonam]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Short answer: No.

Long answer: Definitely not.

[PeterB]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.

Possibly there are a few out of the hundreds of scams.  The problem is that you won't know until after the fact.

[Minerjoe]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.

Possibly there are a few out of the hundreds of scams.  The problem is that you won't know until after the fact.

Hah, yes, I understand crypto s a very fertile ground for scams and ponzies. This is the reason why we have such a limited growth after all.

[RAXS]

No!

If you stay away from bitcoin securities you'll have more money.

[Little P 1]

if you do your research you can find a few gems.

[nwfella]

Hey guys,

I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?

Short answer: No.

Long answer: Definitely not.

lmao.  too true too true!

The few and far between legitimate stocks that I've come across (cryptsy, rentalstarter) haven't even really ROI'd at this point nor are they likely too anytime soon.  If your fortunate enough to know a big enough fish that has the wherewithall to pull off the next coinbase and manage to invest in him/her early then you might get lucky, but no, for the most part majority of bitcoin related securities in my experience have been mostly booty.