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Author Topic: Best way to turn 2BTC into 4BTC  (Read 66212 times)
BitcoinLeader
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September 21, 2013, 08:17:47 PM
 #41

@ronimacarroni, that's correct

@ASICSRUS, what do yo mean by bs? You don't believe it's possible to go short on Bitcoin?

miffman
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September 21, 2013, 09:52:09 PM
 #42

investing in CGB seems like this is possible. I know my 0.6BTC turned into 3BTC  Smiley














 

 

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BitcoinLeader
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September 22, 2013, 12:01:33 AM
 #43

What is CGB?

cparsley
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September 22, 2013, 01:56:38 AM
 #44

put the 2 BTC on a dice site and roll 49.5 allin (YOLO) to have 4btc... repeat as you wish to keep going Smiley
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September 22, 2013, 02:21:55 AM
 #45

What is CGB?

altcoin.
ajw7989
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September 22, 2013, 05:26:18 AM
 #46

Sell the 2 bitcoin to someone for a markup then buy at cheaper rate rinse and repeat (localbitcoins)
sniffinpoprocks
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September 22, 2013, 07:31:38 AM
 #47


hehe, that's the only investment on btct that's made me money...

“Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.”
Rannasha
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September 22, 2013, 08:29:49 AM
 #48


hehe, that's the only investment on btct that's made me money...

For me it's not the only one, but it's by far the most profitable (from 2 to 5 btc, roughly).

However, the days of big profits from DMS.SELLING are over. There is still some profit to be had, depending on how the difficulty evolves, but don't count on just buying a bunch of DMS.SELLING and seeing your BTC double. (And read the contract details to find out exactly why that is)
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September 22, 2013, 08:37:55 AM
 #49


hehe, that's the only investment on btct that's made me money...

For me it's not the only one, but it's by far the most profitable (from 2 to 5 btc, roughly).

However, the days of big profits from DMS.SELLING are over. There is still some profit to be had, depending on how the difficulty evolves, but don't count on just buying a bunch of DMS.SELLING and seeing your BTC double. (And read the contract details to find out exactly why that is)
yeah, it's a really strange 'security'(or what ever) to understand. The gist I got was it benifits from the sudden rise in difficulty, so i'll keep holding what I got for a while but not invest any more. My dividends have already exceeded purchase price so it can tank and I'll be ok.
Really waiting on another mining contract seller to come around with better rates.

“Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.”
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September 22, 2013, 08:39:24 AM
 #50

put the 2 BTC on a dice site and roll 49.5 allin (YOLO) to have 4btc... repeat as you wish to keep going Smiley

To be honest, this maybe the right way.

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ASICSRUS
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September 22, 2013, 10:06:55 PM
 #51

@ronimacarroni, that's correct

@ASICSRUS, what do yo mean by bs? You don't believe it's possible to go short on Bitcoin?

please post a link!, i've been looking and pitching the idea to the usual market sharks that this is whats up... so far no deals~~~hmmm!!!=)

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November 08, 2013, 10:51:36 PM
 #52

study the graphs on BTC-e and start day trading with bitcoin and some alt coins like ppc. im making like 0.2 BTC a day. I also started with 2 BTC and made 0.005 BTC a day and worked my way up to 0.2 BTC a day Smiley
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November 08, 2013, 11:57:04 PM
 #53

Sell them on ebay, cash out, buy BTC, sell them on ebay, cash out, BUY BTC, sell....

MelodyRowell
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November 09, 2013, 01:23:53 AM
 #54

Don't do anything to your 2BTC and do some free faucets.. Smiley it would take a while so enjoy....
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November 09, 2013, 08:26:36 AM
 #55

Take your 2 btc, and just hold it. Its a not quick buck, but like you saw in the rise of value, it does everyone good whoever who holds it.

As for making money wise, your best bet would be doing some type of service work.
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November 09, 2013, 08:27:17 AM
 #56

Don't do anything to your 2BTC and do some free faucets.. Smiley it would take a while so enjoy....

This is debatable, depending on if the faucets sites payout.
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November 09, 2013, 10:32:39 AM
 #57

Sell them on ebay, cash out, buy BTC, sell them on ebay, cash out, BUY BTC, sell....

It only work if the price is dropping, but now the price is rising so it might get back less then 2 BTC....
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November 11, 2013, 08:48:26 AM
 #58

Arbitrage is a pretty safe bet as long as you have all the exchange/bank accounts in play. Exposure to volatility is only 1 hour max (to get 6 confirmations when transferring BTC between exchanges).

Currently conducting AUD -> BTC -> CNY arbitrage via our managed fund (http://bitcoinsreserve.com/), 2 - 3% Return factored in on each round trip (after all fees are accounted for).

Looking for partner to conduct USD -> BTC -> CNY.

PM me if anyone wants to help me to USD, look forward to exploring this further.

Cryptocurrency Consulting, www.globalbtc.com
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November 11, 2013, 12:35:10 PM
 #59

There is none, the best way is not to do anything to your 2 BTC Smiley
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November 11, 2013, 05:54:37 PM
 #60

there is no way to double your money without the possibilityto loose them ...
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