Bitcoin Forum
April 26, 2018, 08:16:30 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  Print  
Author Topic: Cloud mining/Investing or trading on localbitcoins?  (Read 11911 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
GoblinBountyHunter
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
July 01, 2017, 06:52:14 PM
 #161

Localbitcoins is only a peer-to-peer exchange, it does not have any features of investing in some cloud mining project or any investment programme.
You just buy and sell bitcoins there, to local people. You enter the place where you are currently in, and there is an offer to buy bitcoins for other people in your region.

Anyway, I just dont get the idea of something like that. In almost every case, cloud mining cannot be compared with investing because it is just simply losing your money: unless you got some ability to make a successful prophecies about the time, when the scam website ("cloudmining project") will be down or suspended.

Obviously, that is not possible so anyway I still advice to stay away from this type of programmes.
1524730590
Hero Member
*
Offline Offline

Posts: 1524730590

View Profile Personal Message (Offline)

Ignore
1524730590
Reply with quote  #2

1524730590
Report to moderator
1524730590
Hero Member
*
Offline Offline

Posts: 1524730590

View Profile Personal Message (Offline)

Ignore
1524730590
Reply with quote  #2

1524730590
Report to moderator
1524730590
Hero Member
*
Offline Offline

Posts: 1524730590

View Profile Personal Message (Offline)

Ignore
1524730590
Reply with quote  #2

1524730590
Report to moderator
Satoshi is no god. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
LegendOF45
Sr. Member
****
Offline Offline

Activity: 358
Merit: 250



View Profile
July 02, 2017, 06:31:16 AM
 #162

The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped​, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.

         ▀███▄ ▀███▄
     ▄██▄  ▀███▄ ▀███▄
   ▄██████▄  ▀███▄ ▀███▄
 ▄█████████▀   ▀███▄ ▀███
█████████▀       ▀█████▀ ▄█
███████▀           ▀█▀ ▄███
█████▀               ▄███▀
███▀ ▄█▄           ▄███▀ ▄█
█▀ ▄█████▄       ▄███▀ ▄███
  █████████▄   ▄███▀ ▄███▀
   ▀█████████▄  ▀██████▀
     ▀█████████▄  ▀██▀
       ▀█████████▄
.
▄▄▄▄▄          ▄██▄  ▄▄▄▄▄
█████          ████  █████
█████ ▄▄        ▀▀   █████        ▄▄▄      ▄▄▄            ▄▄▄           ▄▄▄
█████ ████▄   ▐████▌ ███████   ▄█████   ▄███████▄      ▄███████▄     ▄███████▄
█████ ██████  ▐████▌ ███████  ▄██████  ███████████    ███████████   ████▀▀▀████
█████   █████ ▐████▌ █████    █████▀  █████   █████  █████   ▀▀▀▀  █████ ███████
▀████▄▄▄████▀ ▐████▌ ▀████▄   █████   ▀████▄▄ █████  ▀████   ▄▄▄▄  ▀████▄▄▄
 ▀█████████▀  ▐████▌  ▀█████  █████    ▀█████ █████   ▀█████████▀   ▀███████▄
   ▀▀███▀▀    ▐████▌    ▀▀██  █████      ▀▀██ █████     ▀▀███▀▀       ▀▀███▀▀▀
®
Token of Tunisia Racing F1 City
.
██████████████████████████████  ████████  ██████  ████  ██  █  █
WHITEPAPER
ANN THREAD

█  █  ██  ████  ██████  ████████  ██████████████████████████████
        FACEBOOK         TWITTER         YOUTUBE         MEDIUM         TELEGRAM       
.
PRE-ICO
Jan 25th, 2018
Feb 25th, 2018

.
   ICO   
Feb 25th, 2018
Mar 25th, 2018
[Bitrace
Trading
Partner


]
iqlimasyadiqa
Legendary
*
Offline Offline

Activity: 1162
Merit: 1008


.


View Profile
July 02, 2017, 08:32:52 AM
 #163

The thing that makes me hesitate with cloud mining is why when bitcoin prices go up then the result dropped​, right now I have some investment in cloud mining and everything like that. I recommend for trading rather than cloud mining investment.
cloud mining is a very risky investment. There is no guarantee a website cloud mining will run for long. Most of the cloud mining will only end so quickly, for various reasons such as website maintenance and hacking, until finally the cloud ming website ends with a scam. This is the very worst risk we might get.

batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 784
Merit: 518

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
July 02, 2017, 01:40:58 PM
 #164

Each person has different opinion about cloud mining and trading. But when it comes to practical you will make more through trading because start investing 0.01 in cloud mining and 0.01 in trading. After one week or one month compares your earning than you will make more profit with trading only.

It's better to max out your capital in trading because in cloud mining it's possible that before your contract ends you will be earning the same amount of your capital or worst comes worst you will be scammed and will don't have any return from them. As most of them are known to be a scam scheme so it's better not to trust any of them.

HasHe
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
July 04, 2017, 05:11:26 AM
 #165

I think its hardly impossible to double your investment by investing in any cloud mining farms.Even you would have to wait for six months to recover your investment.Any other investment would also not help you to double your bitcoins.Investing in any altcoin and trading might help you but its highly risky.But trading is the only legit source nowadays to earn more bitcoins.

ladydark
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
July 06, 2017, 06:03:42 AM
 #166

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
Cloud mining will not be a profitable investment nowadays.Most of them turn to be scam except some firms like genesis.Investing in gambling sites too would not yield profits regularly since it is totally based upon fortune.Trading has been the best and legit source of bitcoin from the beginning.Trading could be even started with a small amount.But greater the investment,greater the profit.

gokselgok
Full Member
***
Offline Offline

Activity: 131
Merit: 100



View Profile
July 06, 2017, 03:40:28 PM
 #167

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

the most profitable is trading within 1 day if you are good you will double your capital mining is a good way to earn but you will need capital to buy some serious rig and it takes time a little bit for you to get profit from it. I guess the most good option for you is trading and not just a trader but a super trader on all side you know that  altcoins is so tricky that you wouldn't know you buy high eyye blink it will fall down.

Bodywowoya
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
July 09, 2017, 12:40:11 PM
 #168

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

the most profitable is trading within 1 day if you are good you will double your capital mining is a good way to earn but you will need capital to buy some serious rig and it takes time a little bit for you to get profit from it. I guess the most good option for you is trading and not just a trader but a super trader on all side you know that  altcoins is so tricky that you wouldn't know you buy high eyye blink it will fall down.
Actually, when trading on the stock exchange you can make good money, but this does not apply to Bitcoin. During the day, Bitcoin is quite stable. If we consider the price difference in translation about a week, then this is another matter.

ladydark
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
July 13, 2017, 06:59:59 AM
 #169

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
Most of cloud mining sites have turned out to be spam nowadays except some sites like genesis.
I have no clear idea about investing.
Trading is the best option for earning bitcoins.Trading could be started even by investing a very small amount.But experience is needed to minimize the risks and losses.

DaMut
Sr. Member
****
Offline Offline

Activity: 532
Merit: 254



View Profile
July 13, 2017, 08:13:48 AM
 #170

I think its hardly impossible to double your investment by investing in any cloud mining farms.Even you would have to wait for six months to recover your investment.Any other investment would also not help you to double your bitcoins.Investing in any altcoin and trading might help you but its highly risky.But trading is the only legit source nowadays to earn more bitcoins.

It was not hardly impossible,but it was impossible.
Cloud mining is not profitable these year,if we're in early 2014ish,we might be can double our investment but not right now.the problem is the difficulty and also when you buy a contract today what will you get today and tommorow will be different.plus we need to pay a fee which is very high.some people (or even many people)  complained that their contract no longer profitable.

I prefer to trade other than cloud mining,but i do not recommend to trade on localbitcoin because my account get hacked multiple times and i do not know what is going on.from my observation,many phising website came up when i tried to login on localbitcoin.

tabas
Hero Member
*****
Offline Offline

Activity: 784
Merit: 504


★Bitvest.io★ Play Plinko or Invest!


View Profile
July 13, 2017, 09:44:26 PM
 #171

Most of cloud mining sites have turned out to be spam nowadays except some sites like genesis.
I have no clear idea about investing.
Trading is the best option for earning bitcoins.Trading could be started even by investing a very small amount.But experience is needed to minimize the risks and losses.

All of them soon will turn out into a scam and even those so called "legit" cloud mining ones are offering ridiculous contracts that there is a slow ROI and you can possibly can't get the capital that you did invested into them. So it's always better to just trade in local bitcoins on any platform that has a lot of alt coins to be bought.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Forbiddenone
Sr. Member
****
Offline Offline

Activity: 482
Merit: 251


View Profile
July 14, 2017, 01:13:34 AM
 #172

I am against localbitcoin platform ,though it has similar type of selling and buying just like any other forum but here at least you can hire a escrow for safety.and if you thinking of using it then always go second and do not trust them no matter what the rating they have.
harkonnen
Full Member
***
Offline Offline

Activity: 214
Merit: 100



View Profile
July 16, 2017, 02:47:05 PM
 #173

Cloud Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. There are many cloud mining scams.this mining gives the details of bitcoin transactions.
darewaller
Hero Member
*****
Offline Offline

Activity: 864
Merit: 502



View Profile
September 27, 2017, 12:48:18 PM
 #174

There are some legitimate mining in the cloud but you will only stop when reinvesting. There are people who are afraid of risk and he should know that otherwise he can keep it better. Try the altcoin business to double your bitcoin. I am looking forward to seeing your article
I rather go for trading than invest my money into cloud mining. Cloud mining sites are all the same– criminals. It will be better you don’t waste your precious money there. There are much better out there to do than that.

pinggoki
Sr. Member
****
Offline Offline

Activity: 374
Merit: 250


“Blockchain Just Entered The Real World”


View Profile
September 27, 2017, 01:13:10 PM
 #175

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley
For me I do prefer to use the investment and trading if I wanted my money to get double. Investment is pretty good when it comes on gaining a profit however it will takes time in order for you money to get double. Next is trading, I chose trading because I also earning in this way and I guess it is effective however it requires a experience and knowledge about bitcoin since trading is a tough job. Regarding on cloud mining I never been try it before so I can't tell if there's a possibility for you to gain profit here.

      ███████████████████████
     ███▄ ▄▄▄▄   ▄▄▄█▀▀  █████
    ███  █▀  ▀█▀▀▀       ▐█ ███
   ███  ▄██▄▄█▀▄▄▄        █▌ ███
  ███ ▄█▀  █     ▀█▄▄     ▐█  ▐██
 ███▄█▀    █        ▀█▄▄  ▄▄▄ ██
████▀      █           ▀██▀   ▀█ ██
 ██▀█▄     █          ▄█▀▀█▄▄▄█▀██
  ██ ▀█▄   █      ▄▄█▀▀    ▐█  ██
   ██  ▀█▄█▀▀█▄▄█▀▀        █▌ ██
    ███  █▄  ▄█▀█▄▄▄      █▌███
     ███  ▀▀▀▀     ▀▀▀█▄▄▐████
      ███████████████████████

 ▄▄       ▄▄▄        ▄▄   ▄▄▄▄▄ 
  ▀█▄   ▄█▀ ▀█▄    ▄█▀ ▄█▀▀   ▀▀█▄
    ▀█▄█▀     ▀█▄▄█▀  ▐█         █▌
    ▄█▀█▄      ▄█▀    ▐█         █▌
  ▄█▀   ▀█▄  ▄█▀       █▄       ▄█
▄█▀       ▀██▀          ▀▀█▄▄▄█▀▀


Network
BLOCKCHAIN JUST ENTERED THE REAL WORLD
  Decentralized Crypto-Location Oracle Network
GET WHITELISTED FOR TOKEN SALE ( Limited )

WHITE PAPER  ││  ANN Thread  Telegram   Medium   Twitter   Reddit
nichol@s12josE
Jr. Member
*
Offline Offline

Activity: 50
Merit: 0


View Profile
October 21, 2017, 01:38:04 PM
 #176

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to [Suspicious link removed] is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

you get good idea friend but once you are enter in to this field then you want to earn some more bit coins. bit coin trading and localbitcoin is very easy process to earn bit coins. but mining give to some more profit compare to trading/localbitcoin and investing. but in mining need more money and time and electricity. but if you have to effort on that just try it once. for earning profit is it one of the good way.
krisnt80
Sr. Member
****
Offline Offline

Activity: 478
Merit: 500


View Profile
October 26, 2017, 03:08:28 PM
 #177

Cloud mining is a place wich can make you get easy money, for example hashnest is a place where you can trade daily your hash being able to grow your coins with those and earn from mining as well. Being able to trade is something not all has balls to give a try since anybody can loose money into it, unlike localbitcoins, wich is a service you will provide, soo you buy lets say 10 bitcoins at the daily cost and sell it a bit expensive for profit.

I dont make the localbitcoin option just and soo far im very happy to had invested into hashnest as well keep doing trading.


▄█████
▄█████████████▄
▄█████████████████████▄
▄█████████████████████████████▄
███████████████████████████████████
█████████████▀       ▀██████████████
██████████▀   ▄▄▄▄▄▄▄  ▀███████████
██████████    █████████    ██████████
█████████    ███▀▀▀▀▀▀▀     █████████
████████     ███▄▄▄▄▄▄       ███████
███████      █████████      ███████
███████       ▀▀▀▀▀▀███     ████████
█████████     ▄▄▄▄▄▄▄███    █████████
██████████    ████████    ██████████
███████████▄  ▀▀▀▀▀▀▀▀   ██████████
██████████████▄       ▄█████████████
███████████████████████████████████
▀█████████████████████████████▀
▀█████████████████████▀
▀█████████████▀
█████▀
   
 
.The Issuance of Tokenized Equity.
▬▬▬ ●  Twitter  Facebook  |  Telegram  ● ▬▬▬
 
 
Burks
Sr. Member
****
Offline Offline

Activity: 309
Merit: 250


View Profile
October 28, 2017, 07:03:56 AM
 #178

Cloud mining is a place wich can make you get easy money, for example hashnest is a place where you can trade daily your hash being able to grow your coins with those and earn from mining as well. Being able to trade is something not all has balls to give a try since anybody can loose money into it, unlike localbitcoins, wich is a service you will provide, soo you buy lets say 10 bitcoins at the daily cost and sell it a bit expensive for profit.

I dont make the localbitcoin option just and soo far im very happy to had invested into hashnest as well keep doing trading.



Like you said cloud mining is a best place you can get earnings easily than trading on local bitcoins.So you need enough investment for the mining process and join in the good pools will give you good rewards.But if you have the trading skill you can trade those mined bitcoins to earn extra profit.We have to try every ways available to earn money.Best of luck.
Wicked17
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
October 28, 2017, 11:18:51 AM
 #179

Hi.

I'm thinking of start selling bitcoins on localbitcoins for paypal and stuff, but I need to know which best way to double bitcoins is it cloud mining? investing or trading?

comment below, and no spam and this will be self moderated to avoid spams from ads posters.

thanks  Smiley

You can start selling bitcoin but stay away in using paypal as your mode of payment because they can  reverse their payment to you within 180days and you get nothing. I also dont believe in cloud mining later or sooner they will just run the money of their depositor. If you have big capital buy mining rig and start mining cryptocurrency.

T O W E R B E E      |  PLATFORM FOR EVERYDAY BUSINESS       [ JOIN WHITELIST ]
▬        ICO  >  May 5th - June 4th        ▬
FACEBOOK           MEDIUM           TWITTER           LINKEDIN           REDDIT           TELEGRAM
chickenboom
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
October 28, 2017, 11:35:41 AM
 #180

Friends said that they do not pay for cloud mining
Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!