frankendoodle (OP)
Newbie
 Offline
Activity: 30
Merit: 0
|
 |
February 13, 2012, 03:08:04 AM |
|
Hey everyone  I've been saving up bitcoins over the past few months and I'm wondering if anyone has any recommendations on how to invest them. I'm trying to study up on my options in order to avoid unnecessary losses. Thank you all in advance, I'm very interested in hearing how you've put your BTC to good use. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
finway
|
|
February 13, 2012, 04:28:02 AM |
|
GLBSE.com
|
|
|
|
boxbox10
Newbie
Offline
Activity: 10
Merit: 0
|
|
February 13, 2012, 06:31:46 AM |
|
i prefer trading them at mtgox.
|
|
|
|
|
|
payb.tc
|
|
February 13, 2012, 06:34:30 AM |
|
depends on your personality... i think a great investment would be paying a skilled and efficient web developer to help expand your empire.
|
|
|
|
|
Miner612
Member
Offline
Activity: 84
Merit: 10
FPGA convert
|
|
February 13, 2012, 09:01:59 AM |
|
um, watch the market and sell them when it goes up? lol what kind of question is this
|
I buy and sell GPUs, most 5850s and 7970s. jimzolorenzo@gmail.com -- Make an offer. http://myworld.ebay.com/i_buy_5850s -- current inventory I have a couple bare bone mining rigs for sale as well. -------------- I bought silver from [ccliu] 5 star transaction! I bought silver from [TECSHARE] -- shipping still |
|
|
SaintFlow
Sr. Member
Offline
Activity: 476
Merit: 250
The first is by definition not flawed.
|
|
February 13, 2012, 09:04:21 AM |
|
GLBSE.com
+1 this unfortunaltely its a bit tricky to inform yourself properly about the companys |
don't let me make you question your assumptions
|
|
|
deroyale
Newbie
Offline
Activity: 37
Merit: 0
|
|
February 13, 2012, 09:31:43 PM |
|
Buy low - sell high...  Seriously though - take a look at bitcoinica.com |
|
|
|
|
aseldon
Member
Offline
Activity: 64
Merit: 10
|
|
February 16, 2012, 03:08:49 AM |
|
Bitcoinica.com seems to be the best bet at this point. However, I have had BTC in there for 2 days and have yet to get any interest payments.  |
|
|
|
|
|
BIGMERVE
|
|
February 16, 2012, 03:41:35 AM |
|
Bitcoinica.com seems to be the best bet at this point. However, I have had BTC in there for 2 days and have yet to get any interest payments. I thought you only got intrest from storing USD$ not Bitcoins. |
|
|
|
aseldon
Member
Offline
Activity: 64
Merit: 10
|
|
February 16, 2012, 03:52:49 AM |
|
Right now there is a 0.49% APY listed for BTC. I know its not much but it should still pay something unless I am confused
|
|
|
|
|
deroyale
Newbie
Offline
Activity: 37
Merit: 0
|
|
February 19, 2012, 01:38:38 AM |
|
Bitcoinica.com seems to be the best bet at this point. However, I have had BTC in there for 2 days and have yet to get any interest payments. Right now there is a 0.49% APY listed for BTC. I know its not much but it should still pay something unless I am confused
APY = Annual Percentage Yield Annual being the KEYWORD in this case... Patience is a virtue. (At least that's what I've heard.) I believe the draw to bitcoinica is the ability to leverage through margin and also - maybe MORE importantly - the ability to offset loss (if you're a miner) via hedging - like farmers do with futures contracts. We just have to hope bitcoinica doesn't pull an 'MF Global' on us. |
|
|
|
|
|
LouReed
|
|
February 19, 2012, 04:04:07 AM |
|
Isn't just buying them an investment in itself? You buy low, and hope they go up, and sell when they do. At least that's my plan.
|
|
|
|
|
the joint
Legendary
Offline
Activity: 1834
Merit: 1020
|
|
February 19, 2012, 04:10:08 AM |
|
Lately I've been taking a % of my mined BTC and using it to buy silver and gold whenever I can find deals at spot price.
My advice would be to take at least a handful of your BTC and hold onto them for the long haul. The nice thing about Bitcoin is that if it ever goes mainstream, virtually every person on this entire forum will be loooooooooaded.
But, to make this happen, spend some BTC on the things you usually buy if you can find them at about the same price. Spending BTC in the Bitcoin economy could be thought of as an indirect investment.
|
|
|
|
|
|
Glasswalker
|
|
February 19, 2012, 04:34:01 AM |
|
Keep you're eyes peeled, there will be a new venture announced in this forum, and in the services forum, which will be trading publicly on GLBSE.com If you're looking for an investment opportunity it will be a good one. (to be announced publicly within the next 24h) |
|
|
|
xevious
Newbie
Offline
Activity: 12
Merit: 0
|
|
February 20, 2012, 12:37:38 AM |
|
This sounds dumb - but since I'm not dealing with any large sums of coins, I've mostly been investing mine in Magic the Gathering cards. Thanks, ABU Games!
The game is still going strong after around 20 years, and I'm finding a ton of the cards I had ten years ago have practically quintupled in value. Worst case, I've got some shiny pieces of cardboard to play around with that I can sell off for a new PC in a few years.
|
|
|
|
|
|
Nefario
|
|
February 20, 2012, 12:50:39 AM |
|
i prefer trading them at mtgox.
That's not investing, thats speculating. GLBSE was mentioned, version 2.0 is going to be coming out next week. |
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com |
|
|
|
