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Author Topic: Coinlenders  (Read 1408 times)
Northwave
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August 20, 2013, 05:13:49 PM
 #21

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
Inedible
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August 20, 2013, 05:22:48 PM
 #22

Their disclaimer doesn't exactly fill you with confidence. I doubt any regulating authority is going to accept it.

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August 20, 2013, 05:24:25 PM
 #23

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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August 20, 2013, 05:25:41 PM
 #24

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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August 20, 2013, 05:26:17 PM
 #25

Don't get me wrong - that's a good rate but I won't be going near Coinlenders anytime soon.

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August 20, 2013, 05:27:49 PM
 #26

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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August 20, 2013, 05:29:53 PM
 #27

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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hayek
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August 20, 2013, 05:30:53 PM
 #28

just-dice has a better return. Just an fyi
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August 20, 2013, 05:37:36 PM
 #29

just-dice has a better return. Just an fyi

Is the return on that not around 0.6%

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hayek
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August 20, 2013, 06:41:42 PM
 #30

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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September 09, 2013, 01:08:44 PM
 #31

Its all based on risk coinlenders risk is minimal compared to investing in a gambling site.
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September 09, 2013, 02:12:30 PM
 #32

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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