chris56a (OP)
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July 20, 2014, 10:14:01 PM |
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I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com
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RiverBoatBTC
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July 20, 2014, 10:15:55 PM |
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Did you try planting a bitcoin seed? JK bitlendingclub and bitbond are the other two I think.
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Saffronix
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July 20, 2014, 10:48:59 PM |
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You could always loan them out, with decent interest rates. Just make sure you don't get scammed, that would be a bad thing.
I like the bitbond idea, even considering using it myself. If you can get a reliable resource to lend it out with no risk to you, good! Making sure you can keep your bitcoins is worth the interest cut.
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screwUdriver
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July 21, 2014, 05:38:22 AM |
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If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin
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AlexM
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July 21, 2014, 08:37:15 AM |
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If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin
You used to be able to earn a good return at Just Dice but they have now shut. The only problem is trust, would I trust any of the other casino's to shut down and return all my BTC? Recommendations and reasons why to trust another casino would be useful.
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Divinespark
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July 21, 2014, 10:49:55 AM |
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Saving fiat and buying BTc regularly seems a more promising long term strategy
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Rub3n
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July 21, 2014, 11:09:26 AM |
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You wont get much increase in value and still host them somewhere els, we all know how has ended for some.
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Kprawn
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July 21, 2014, 01:05:21 PM |
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There are loads of small projects, you could invest in. Just keep your ear to the ground and use common sense. If the projects are already making profit, you could consider investing more. The loan option carry loads of risk, so you might even loose more than you gained in the long run. {1 or 2 non-payments, may digest all profits from paying loans} Crowd funding promotes the decentralization concept, so you might consider those, as a good opportunity.
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Gargulan
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July 21, 2014, 03:46:10 PM |
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If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin
Which casino still let people invest in their bankroll?
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gentlemand
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Welt Am Draht
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July 21, 2014, 04:06:23 PM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
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Ron~Popeil
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July 21, 2014, 04:26:58 PM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
Agreed. Dooglus was the reason JD was such a good investment for many people. Stunna could do a similar thing with PrimeDice but has said he has no interest in doing something like that. Until someone with that much trust opens a site up I would avoid casino investing.
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polynesia
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July 21, 2014, 05:34:44 PM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
Agreed. Wait till a bitcoin bank (with insured deposits) opens. At the rate at which bitcoin is progressing, it won't be long.
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Yakamoto
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July 21, 2014, 05:51:33 PM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
Agreed. Wait till a bitcoin bank (with insured deposits) opens. At the rate at which bitcoin is progressing, it won't be long. It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius... It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too.
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bitbinn
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July 21, 2014, 06:37:54 PM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
Agreed. Wait till a bitcoin bank (with insured deposits) opens. At the rate at which bitcoin is progressing, it won't be long. It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius... It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too. completely agree it should be different from the banks of today
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Harley997
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July 22, 2014, 03:32:40 AM |
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At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
Agreed. Wait till a bitcoin bank (with insured deposits) opens. At the rate at which bitcoin is progressing, it won't be long. It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius... It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too. The problem with bitcoin related banks lending bitcoins to people is that it is very difficult/impossible to seize a person's bitcoins in the event that the bank receives a judgement on a defaulted loan. With fiat banks, the bank can use the courts to seize a deadbeat debtor's assets, but this would not be possible with bitcoin. I would say that best bet would be a bankroll for a casino.
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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coinits
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July 22, 2014, 03:34:40 AM |
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be a lender at btcjam.com but be careful of scammers
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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glendall
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Buzz App - Spin wheel, farm rewards
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July 22, 2014, 05:42:18 AM |
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I'd just buy them and hang on to them to be honest.
Speaking from experience, I made about 200% investing and trading in cryptocoins, and lost about 300% and the end of the day, investing and trading in cryptocoins, and being scammed, by theives such as Ukyo Jon Montroll, or super late companies selling pre-order asics, like Avalon.
I would not loan BTC, that seems like far too risky. Really I'd just recommend buying BTC and holding. Mining is not really even profitable anymore IMHO.
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FattyMcButterpants
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July 22, 2014, 06:37:06 AM |
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nothing is risk-free -- lending, for instance. you could also lend for margin traders on Bitfinex, but interest pay is pretty low. you could try your hand at altcoin speculation.
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bitbaby
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July 22, 2014, 06:56:36 AM |
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Saving fiat and buying BTc regularly seems a more promising long term strategy
This is absolutely the best advice, don't lend without collateral, don't invest in ponzi schemes, don't do anything, unless you're absolutely sure of your returns. And buying and hodling is the best thing you can do right now.
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Ayers
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July 22, 2014, 11:14:44 AM |
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try freebtcio, maybe you win the big price
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