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Author Topic: Bitcoinica's Interest System  (Read 11595 times)
runeks
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February 25, 2012, 07:44:51 PM
 #41

^ +1

Is this like a 20% interest rate bank account. Which fees are associated with depositing and withdrawing from a bank account within SEPA?
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February 25, 2012, 09:15:37 PM
 #42

watching this.

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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February 25, 2012, 09:16:38 PM
 #43

Is this like a 20% interest rate bank account.
Not by a long shot. For starters, in the US, you bank account is covered by FDIC insurance.

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muyuu
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February 25, 2012, 10:47:03 PM
 #44

So you should get a payment as soon as your 0.0048 BTC/day (at the moment, interest rates will vary) accumulates to the 0.01 payout minimum.

Thanks, didn't know about the 0.01 minimum. With a 0.48 daily pip that should happen at the third day with BTC100.

Forgot to mention it before, but I got it on the third day as predicted.

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March 13, 2012, 09:18:41 PM
 #45

Soothe our fears and tell us why Bitcoinica will not be hacked and tell us about how our money will not be stolen out of thin air?

Well .. it was hacked, and still your money is safe.
+1 for cold storage.

Please do not pm me, use ron@bitcoin.org.il instead
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