Candystripes
Sr. Member
Offline
Activity: 294
Merit: 250
***THIS ACCOUNT IS NO LONGER ACTIVE***
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June 17, 2014, 11:54:53 PM |
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I would personally run a micro-loan service here with some of it, or set-up your own business.
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--------------------------------- No longer under the possession of Candystripes. Account is currently dormant.
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Harley997
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June 18, 2014, 02:09:04 AM |
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The most secure way to gain from having bitcoins, with no risk at all is to lend them on bitfinex.com. Use the code 5l4wLVc4LW when making a new account for a 10% discount on all fees.
Do you have a guide on the lending process? The website is confusing with all the investing jargon. It is impossible to not have any risk if you are lending. You are paying 15% of your interest for insurance of the funds, so it's not imposible. Your statement is not correct. You are implying that you are purchasing insurance against the default of the borrower, but even this is not risk free, you are only mitigating the risk. The borrower can't default. He can't take take your bitcoins or fiat and leave. He is just using it for margin trading and he will get his position close when he is aproaching the margin limit. The insurance is in case of a sudden spike or drop in the price and the platform could not react in time to close his position so it will cover the eventual loss. What if the exchange goes under and/or if the price of bitcoin moves too fast for the exchange to automatically close the position? The risk with the exchange going under it's a risk you are taking with every exchange and service related to bitcoin. If the price moves to fast and the exchange can't close the position on time then it will cover for the loss. You are saying that there is no risk to the lending. You just admitted that there is some level of risk.
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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jonsi
Legendary
Offline
Activity: 1397
Merit: 1019
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June 18, 2014, 07:13:12 AM |
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The most secure way to gain from having bitcoins, with no risk at all is to lend them on bitfinex.com. Use the code 5l4wLVc4LW when making a new account for a 10% discount on all fees.
Do you have a guide on the lending process? The website is confusing with all the investing jargon. It is impossible to not have any risk if you are lending. You are paying 15% of your interest for insurance of the funds, so it's not imposible. Your statement is not correct. You are implying that you are purchasing insurance against the default of the borrower, but even this is not risk free, you are only mitigating the risk. The borrower can't default. He can't take take your bitcoins or fiat and leave. He is just using it for margin trading and he will get his position close when he is aproaching the margin limit. The insurance is in case of a sudden spike or drop in the price and the platform could not react in time to close his position so it will cover the eventual loss. What if the exchange goes under and/or if the price of bitcoin moves too fast for the exchange to automatically close the position? The risk with the exchange going under it's a risk you are taking with every exchange and service related to bitcoin. If the price moves to fast and the exchange can't close the position on time then it will cover for the loss. You are saying that there is no risk to the lending. You just admitted that there is some level of risk. What's wrong with you people? There is always some level of risk in everything you do in this life. Even if you keep youre bitcoins in a cold wallet in the most secured vault on earth there is the risk that a pool like Ghash will launch a 51% attack, or if you invest in a building is the risk of collapsing, and if you get out from your house you have the risk to get hit by a bus or if you stay in is the risk of war break out and get hit by a bomb and so on and so on. What I'm saying is in normal circumstances not in situations beyound our control. With this kind of judgement nobody would make kids anymore because there is always the risk to die in his first years of life... or drive a car because there is always the risk of crashing...
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cech4204a
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June 19, 2014, 06:32:19 AM |
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You can also try investing in famous dice sites , i'm sure about just-dice.com, that investors there make like 0.8% per week, which is quite nice, but still it's very safe there.
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Bitcoin is DEAD
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Nerazzura
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June 19, 2014, 02:08:39 PM |
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bitfinex.com is a good choice. but you should hold them, as the market moves,its going to be better.
if you already have an account there?? Can you tell me what are the advantages and disadvantages do you feel during a transaction. so that a comparison could be for me to choose the best site to invest. thank you
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edmundduke
Legendary
Offline
Activity: 1624
Merit: 1007
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June 19, 2014, 02:34:35 PM |
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if i was you i would test some dice sites with an amount that you are comfortable loosing. When you spot a good one increase the amount. But i would just hold on to the bulkof it or trade some of it for other alt coins and bump/dump those.
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jonsi
Legendary
Offline
Activity: 1397
Merit: 1019
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June 20, 2014, 12:21:12 AM |
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bitfinex.com is a good choice. but you should hold them, as the market moves,its going to be better.
if you already have an account there?? Can you tell me what are the advantages and disadvantages do you feel during a transaction. so that a comparison could be for me to choose the best site to invest. thank you There are no disatvantages. Advantages: margin trade (you can also short bitcoins) and lending section: you can lend your money or bitcoins with no risk that the borrower will default on the loan and the last (but not the least) very small transaction fees: 0%-0.1% for makers (calculated by volume of transactions) and fixed 0.2% for takers. If you decide to sign up use the code: 5l4wLVc4LW. You will get a 10% discount an all fees (trading fees and lending fees) for 30 days. It's a referal code, so you know.
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 20, 2014, 12:45:11 AM |
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You can also try investing in famous dice sites , i'm sure about just-dice.com, that investors there make like 0.8% per week, which is quite nice, but still it's very safe there.
I find it ironic that you suggest investing in a gambling site while advertising a different gambling site on your signature. Investing in a bitcoin "casinio" is one of the more "sure" investments that bitcoin offers
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rogi696
Newbie
Offline
Activity: 7
Merit: 0
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September 14, 2014, 01:00:18 PM |
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LitcoinCollector
Legendary
Offline
Activity: 1092
Merit: 1000
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September 14, 2014, 01:12:20 PM |
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1. Just hold your coins. Wait for a couple of years.
2. Go to exchange, buy altcoins with your bitcoin, buy low, sell high. Also risk of losing though.
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AcoinL.L.C
Legendary
Offline
Activity: 1036
Merit: 1000
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September 14, 2014, 02:06:20 PM |
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^^ This user owns that "fund", check out their posts on Bitcointalk, dont put coins with them. Very fishy behavior to say least.
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wasserman99
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September 15, 2014, 01:35:32 AM |
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2. Go to exchange, buy altcoins with your bitcoin, buy low, sell high. Also risk of losing though.
I would highly advise against investing in altcoins. Not all of them are manipulated, however many are. They are all however worthless over the long term and will eventually go to zero, therefore you are basically playing musical chairs with your money
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oceans
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September 15, 2014, 12:23:41 PM |
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I personally would hold them but that is your choice and for you to decide. Holding them could have a good outcome for you if and when the price goes back up but again you have to wait relying on the price going up which I will admit is not always a confidence booster.
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