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Author Topic: 3 ways to grow more bitcoins and ways to lose it  (Read 2208 times)
mastica
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October 03, 2016, 09:39:29 PM
 #21

This looks like another selp promotion thread, anyway why would we pay 90 dollars extra to get bitcoin with paypal? I do buy and sell my bitcoins with a fixed ammount, being 1 btc or even 2 btc i pay the same to the buyer/seller. Atleast i do believe the fee taken is enought for both of us.
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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The Sceptical Chymist
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October 03, 2016, 09:47:26 PM
 #22

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.
I am in my right mind most of the time, and yet I've still used wesellcrypto.com, which has a huge markup.  I don't do it often, just when I feel the overwhelming need to own bitcoin at that moment.  Strange how that feeling comes upon me sometimes.  I don't see any conflict with bitcoin and PayPal, except with the 100s of scammers on this forum who try to use PayPal's reversible nature to their advantage.  They're both very good payment methods in my opinion.

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October 03, 2016, 11:26:03 PM
 #23

use your bitcoins to buy low and sell high
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October 04, 2016, 02:38:54 AM
 #24


I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

Quote
3. Sell your Bitcoins with a 15% mark-up on xCoins.io

xCoins.io is a site that was launched in June with  positive reviews. The controversy with this site is that it uses Paypal as its payment processor. xCoins is a middle man that connects buyers and sellers with the former who seeks to buy bitcoins with Credit card or Paypal -- at a 15% markup price. The sellers will receive the proceeds in their Paypal account. Many readers are very likely to disapprove this site because it is using Paypal as the main mechanism for fund transfer since Paypal transactions are reversible by scammers.




If you really want to sell your Bitcoins at a more premium price than what the current market is offering then you should use localbitcoins.com. You yourself can choose which payment methods to use and you can even choose to meet up with the one you are transacting with to meet in person. The service allows and gives you the opportunity to act as your own exchange.

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mace15
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October 04, 2016, 05:40:29 AM
 #25

There are ways to grow your bitcoins:
1.Invest in Trading
2.Sell your bitcoins with interest
3.Gamble your bitcoin
Invest bitcoin in trading is the best way to grow your
bitcoins. Were you can gain profit
Sell your bitcoins with interest, for sure youll
gonna earn profir and will grow your bitcoin.
The easiest way to lose your bitcoins is to gamble
in dice site. You'll gonna lose some youll gonna
win some bitcoin.
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October 04, 2016, 05:52:39 AM
 #26

xcoins.io...... The site seems super fishy and I definitely don't recommend using it. Just stick to the major sites like Localbitcoins and Coinbase. 15% markup? Who would even buy Bitcoin at that price?
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October 04, 2016, 06:10:22 AM
 #27

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

Bitcoin and paypal is different pay methods on line. Growing bitcoin is more easy. People can start with working on signatures campaign. It can be a little amount of capital on trading.

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traderethereum
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October 04, 2016, 07:03:17 AM
 #28

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

Bitcoin and paypal is different pay methods on line. Growing bitcoin is more easy. People can start with working on signatures campaign. It can be a little amount of capital on trading.

not just signatures campaign but yes its a free source to make bitcoin and the other to make bitcoin grow is to lending your bitcoin into market exchanger for some limit time.

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October 04, 2016, 10:59:45 AM
 #29

Why do people think that it is normal to make money out of money? The normal case would be to receive money for work done or items sold. Making money out of money always involves significant risk. That is even more true for Bitcoin, where I consider the vast majority of "investment" opportunities to be either scam or offered by entirely incompetent people for the business in question.
Then there are the "trader guys", who think that they have superior skills to predict future market movements based on chart analysis. Fact is that over 80% of these guys will end their activity with a negative return on investment.

Yet the believe that Bitcoin is a magic money making machine seems to be ineradicable, no matter how many people have already lost their BTC...

It's far easier and much more enjoyable to do same work or sell some stuff for Bitcoin and then simply hold on to it or use it to buy things you need.

ya.ya.yo!

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October 06, 2016, 02:09:25 PM
 #30

You can try to gamble with them because then  you will have a chance to make more Bitcoin with the 3 that you already have.
It is a risk that you will have to take because with gambling you can lose it all.
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October 06, 2016, 02:15:58 PM
 #31

Why do people think that it is normal to make money out of money?

because it is normal and in some cases the right thing to do.
have you ever heard of investing money instead of leaving it idle in your mattress or in your bank?
this is the same thing here. you should not just leave your money idle in your cold storage and "let it sleep" as we call it in my language.

Quote
... I consider the vast majority of "investment" opportunities to be either scam ...

however there is no argument here, and when i say investment above it means a legit investment in a real business.

Holding Bitcoin More Every Day
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December 27, 2016, 02:46:58 PM
 #32

Three ways to earn bitcoins are :-
1. Increase your activity and enroll in campaigns
2. Go to freebitcoin.in to get free bitcoins
3. Start mining

Three ways to lose bitcoins
1. Spend on useless things
2. Gambling
3. Start betting for high values without even knowing the pattern   

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December 27, 2016, 02:55:17 PM
 #33

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.
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December 27, 2016, 03:08:35 PM
 #34

Three ways to earn bitcoins are :-
1. Increase your activity and enroll in campaigns
2. Go to freebitcoin.in to get free bitcoins
3. Start mining

Three ways to lose bitcoins
1. Spend on useless things
2. Gambling
3. Start betting for high values without even knowing the pattern   

Good suggestions but for the signature campaigns, user must have good reputation, good quality of posts and high forum rank, in order to earn bigger amounts.
Other 2 are not so much profitable any more.
My suggestion is to learn some skills, like programming, and offer paid service, in Bitcoin.
Trading is always risky and not recommended.

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December 27, 2016, 08:33:31 PM
 #35

OP obviously collect some traffic and promote a fishy site.

Why people still not aware if investing in strangers things like OP site is make losing, I know the humans is a greedy creature, but not stupid.
3 ways to grow more bitcoin is: hard work, discipline and time management. These factors can affect what your activity to earn bitcoin, it's something like work, sell stuff (open business) or create a project.
3 ways to lose it: use money to grow it without considering research first, spending in useless things and being stupid.
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December 27, 2016, 10:52:31 PM
 #36

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

I think it is right if OP uses " taboo" term because it means that the thing is not acceptable to do about. I think many bitcoin users do not agree to use bitcoin and paypal in the same time. imo

well I never try the site first, but I think they have a system they think it is good enough.

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December 27, 2016, 11:47:11 PM
 #37

The irony of this is that bitcoin can be lost through thesame means with which it can be grown. For instance, bitcoin trading, mining and gambling are all investment areas through which bitcoin can be grown. However, each has its own share of risk which suggest that bitcoin can be equally lost via any of the three areas.
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December 27, 2016, 11:52:14 PM
 #38

OP obviously collect some traffic and promote a fishy site.

Why people still not aware if investing in strangers things like OP site is make losing, I know the humans is a greedy creature, but not stupid.
3 ways to grow more bitcoin is: hard work, discipline and time management. These factors can affect what your activity to earn bitcoin, it's something like work, sell stuff (open business) or create a project.
3 ways to lose it: use money to grow it without considering research first, spending in useless things and being stupid.
Honestly many ways that you can grow your bitcoins right now unlike before that few sites are paying in bitcoin.. you can now grow your bitcoin and use it as your capital to start business online like joining in affiliate marketing and use your bitcoins earnings to promote your sales.. also the other thing you can also use bitcoin to start trading. many ways right now you can grow your bitcoin but you need to ba hard work to be successful in the fuutre..

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December 27, 2016, 11:52:46 PM
 #39

Hello my name is nomso, i felt I should share a little bit of what I do with you. Am into five2btc bitcoin member to member donation scheme, which u can start with as low as 0.01bitcoin(5000naira) and earn 64bitcoin within 3-5months.
  
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  Five2btc is not for people who want the fast money tho, it's something u invest just 5k and build with time. U can Google it if u like...or if u are into bitcoin already or u just wanna get started right away u can click here to register  https://www.five2btc.com/ref/6cf0e257de/register
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December 28, 2016, 09:08:20 PM
 #40

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.
Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine ,  there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin

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