Northwave
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August 20, 2013, 05:13:49 PM |
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Just wondering but at the moment, If I buy a 30 day CD with 1BTC, when it matures I get 1.01734 BTC, is that correct?
But would you lend 1 BTC to get 0.01734 more in one month ? I think thats stupid
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Inedible
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August 20, 2013, 05:22:48 PM |
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Their disclaimer doesn't exactly fill you with confidence. I doubt any regulating authority is going to accept it.
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favdesu
Legendary
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Activity: 1764
Merit: 1000
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August 20, 2013, 05:24:25 PM |
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Just wondering but at the moment, If I buy a 30 day CD with 1BTC, when it matures I get 1.01734 BTC, is that correct?
But would you lend 1 BTC to get 0.01734 more in one month ? I think thats stupid what if I told you that you'd earn 0.25 just for investing 5BTC for 3 months? So please, tell me more about your flawless math skills
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Inedible
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August 20, 2013, 05:25:41 PM |
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Just wondering but at the moment, If I buy a 30 day CD with 1BTC, when it matures I get 1.01734 BTC, is that correct?
But would you lend 1 BTC to get 0.01734 more in one month ? I think thats stupid 20.8% return a year is stupid? What are you investing in that returns a better rate coz I'll be all over that.
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Inedible
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August 20, 2013, 05:26:17 PM |
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Don't get me wrong - that's a good rate but I won't be going near Coinlenders anytime soon.
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If this post was useful, interesting or entertaining, then you've misunderstood.
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favdesu
Legendary
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Activity: 1764
Merit: 1000
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August 20, 2013, 05:27:49 PM |
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Don't get me wrong - that's a good rate but I won't be going near Coinlenders anytime soon.
what are you investing in?
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Inedible
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August 20, 2013, 05:29:53 PM |
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Don't get me wrong - that's a good rate but I won't be going near Coinlenders anytime soon.
what are you investing in? Alas, I'm not invested in anything. I perform an occasional trade so no proper investments. For me, an investment needs to be secure, otherwise it's just gambling.
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If this post was useful, interesting or entertaining, then you've misunderstood.
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hayek
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August 20, 2013, 05:30:53 PM |
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just-dice has a better return. Just an fyi
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Inedible
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August 20, 2013, 05:37:36 PM |
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just-dice has a better return. Just an fyi
Is the return on that not around 0.6%
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If this post was useful, interesting or entertaining, then you've misunderstood.
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hayek
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August 20, 2013, 06:41:42 PM |
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In a month with Coinlenders I had BTC1.25 "grow" to BTC1.26ish
I put 1.63 in Just-Dice and it grew to 1.69 in a week.
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ajw7989
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Activity: 924
Merit: 1000
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September 09, 2013, 01:08:44 PM |
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Its all based on risk coinlenders risk is minimal compared to investing in a gambling site.
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b!z
Legendary
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Activity: 1582
Merit: 1010
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September 09, 2013, 02:12:30 PM |
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Its all based on risk coinlenders risk is minimal compared to investing in a gambling site.
that's right. cl has fixed interest rate, while you could also lose some money investing in jd.
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