[Updated] Choices for earning BTC interest

[Willisius]

Interest on bitcoins? You know that they are under no obligation whatsoever to pay you anything, right?

[doof]

Still not convinced, but still want to find a way to create money with 0 effort like rich cunts do. Any ideas?

Wow!  Had never thought of that!

[Skavenger]

1) go back in time
2) invest/mine btc
3) buy houses and rent them
4) create business and pay your workers a missery
5) you are now part of the 1% living the life doing shit nothing

[novacn]

Still not convinced, but still want to find a way to create money with 0 effort like rich cunts do. Any ideas?

Yeah, check out this infamous thread. https://bitcointalk.org/index.php?topic=621654.0

[btcduke]

Just to update my investment status. So far everything is good. Investment added another 1.8 BTC.

[fa]

Just to update my investment status. So far everything is good. Investment added to 1.8 BTC.

After using ChinaBTC's service for a while, I noticed jua.com (for earning BTC/LTC interest), 8r.com (for Mortgage lending), and bw.com (for cloud mining), are all subsites of the exchange. I think those short domain names alone may cost a fortune.
But the i18n of these websites is not very good at the time.

[Elwar]

You can get interest on your bitcoins on BitFinex. The rate is usually not that great (around 2% yearly), the rate goes up and down with the demand for shorts.

I have gained a few bitcoins from doing this but during some volatile times.

Your bitcoins are fairly secure since BitFinex has been around a few years and they are making money without any scams. But you have to weigh the risk that you do not hold your own bitcoins in exchange for a very small interest rate. For most it is not worth it. BitFinex could close the doors tomorrow and you'd be screwed.

[fa]

Still not convinced, but still want to find a way to create money with 0 effort like rich cunts do. Any ideas?

Yeah, check out this infamous thread. https://bitcointalk.org/index.php?topic=621654.0

Way to go, dude! LOL

[687_2]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0

Just to share some opportunities in China.


[edit]
1.3~1.4% is monthly interest, not daily.

Invest in small or medium sized companies after you've done your due diligence, and receive dividend payments in BTC. There are no shortcuts.

[Nagle]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0
Thought some of you might want to know Chinese exchange markets' movements in this direction.

Holders like me have several choices to invest bitcoins now:
Huobi's BitVC (or YuBiBao in Chinese), OKCoins's BiShengBi, and ChinaBTC's JUA. All of them are from top exchange markets in China.
Personally I recommend ChinaBTC's JUA, at about 0.025% daily interest for current deposit, 1.3~1.4% monthly for fixed deposit (not available now).

They're betting that Bitcoin will go down. That's been a good bet for the last 9 months.

[a447513372]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0
Thought some of you might want to know Chinese exchange markets' movements in this direction.

Holders like me have several choices to invest bitcoins now:
Huobi's BitVC (or YuBiBao in Chinese), OKCoins's BiShengBi, and ChinaBTC's JUA. All of them are from top exchange markets in China.
Personally I recommend ChinaBTC's JUA, at about 0.025% daily interest for current deposit, 1.3~1.4% monthly for fixed deposit (not available now).

They're betting that Bitcoin will go down. That's been a good bet for the last 9 months.

No, they are giving people incentives to have bitcoin be on deposit with them. It is widely speculated that they are stealing parts of customer deposits to pay for their expenses and paying interest on customer deposits makes it easier for this to continue for long periods of time

[btcduke]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0
Thought some of you might want to know Chinese exchange markets' movements in this direction.

Holders like me have several choices to invest bitcoins now:
Huobi's BitVC (or YuBiBao in Chinese), OKCoins's BiShengBi, and ChinaBTC's JUA. All of them are from top exchange markets in China.
Personally I recommend ChinaBTC's JUA, at about 0.025% daily interest for current deposit, 1.3~1.4% monthly for fixed deposit (not available now).

They're betting that Bitcoin will go down. That's been a good bet for the last 9 months.

No, they are giving people incentives to have bitcoin be on deposit with them. It is widely speculated that they are stealing parts of customer deposits to pay for their expenses and paying interest on customer deposits makes it easier for this to continue for long periods of time

I also had the same concern. So I kept on tracking their cold wallet balance.
Up to now, everything seems normal and legit:
10741.99002001 BTC

https://blockchain.info/address/1CyAr95iiyPMDEfe48NZGQti3BSSwBsUsw
https://blockchain.info/address/1Zz1iN9QaxaiBM735nQLRGxtV46cWqWxT

[bornil267645]

Bitcoin billionaires should open some free sites to gisome Bitcoin to new users....

[Q7]

1.3 to 1.4 percent per month is quite attractive. That translate to 15 percent per year which is much better than any conventional fd offered by bank. However that still quite a risk to take to trust anyone with your btc

[Ruthful]

No, they are giving people incentives to have bitcoin be on deposit with them. It is widely speculated that they are stealing parts of customer deposits to pay for their expenses and paying interest on customer deposits makes it easier for this to continue for long periods of time

In other words ,you suspect them of being a ponzi.

Not surprising.Anything that offers ridiculous compounding interest  such 0.5%(or higher) daily is most definitely a scam.

[Window2Wall]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0
Thought some of you might want to know Chinese exchange markets' movements in this direction.

Holders like me have several choices to invest bitcoins now:
Huobi's BitVC (or YuBiBao in Chinese), OKCoins's BiShengBi, and ChinaBTC's JUA. All of them are from top exchange markets in China.
Personally I recommend ChinaBTC's JUA, at about 0.025% daily interest for current deposit, 1.3~1.4% monthly for fixed deposit (not available now).

They're betting that Bitcoin will go down. That's been a good bet for the last 9 months.

No, they are giving people incentives to have bitcoin be on deposit with them. It is widely speculated that they are stealing parts of customer deposits to pay for their expenses and paying interest on customer deposits makes it easier for this to continue for long periods of time

I also had the same concern. So I kept on tracking their cold wallet balance.
Up to now, everything seems normal and legit:
10741.99002001 BTC

https://blockchain.info/address/1CyAr95iiyPMDEfe48NZGQti3BSSwBsUsw
https://blockchain.info/address/1Zz1iN9QaxaiBM735nQLRGxtV46cWqWxT

Just because they have money in their cold wallet does not mean that they have enough to cover all the customer balances nor that they will not run away when the total customer balances get large enough. All this means is that a lot of other people trust them with their bitcoin

[KenJackson]

FRACTIONAL RESERVE BITCOIN BANKING?

That sounds like a very bad idea!

That's the reason all the world's fiat currencies are about to go over the cliff.  Do we want bitcoin to follow?

[deal]

Might as well deposit some of my coins. These days, it's not easy to HODL. Keep me away from selling at this low price.  

[antonioserrano72]

FRACTIONAL RESERVE BITCOIN BANKING?

That sounds like a very bad idea!

That's the reason all the world's fiat currencies are about to go over the cliff.  Do we want bitcoin to follow?

Who said it's fractional reserve? Most exchanges have proven their reserves. And their rates are perfectly realistic to me.

[BTCmoons]

Saw pythonista's post, "It's time to earn interest on Bitcoin holdings"  url https://bitcointalk.org/index.php?topic=774109.0
Thought some of you might want to know Chinese exchange markets' movements in this direction.

Holders like me have several choices to invest bitcoins now:
Huobi's BitVC (or YuBiBao in Chinese), OKCoins's BiShengBi, and ChinaBTC's JUA. All of them are from top exchange markets in China.
Personally I recommend ChinaBTC's JUA, at about 0.025% daily interest for current deposit, 1.3~1.4% monthly for fixed deposit (not available now).

They're betting that Bitcoin will go down. That's been a good bet for the last 9 months.

No, they are giving people incentives to have bitcoin be on deposit with them. It is widely speculated that they are stealing parts of customer deposits to pay for their expenses and paying interest on customer deposits makes it easier for this to continue for long periods of time

I also had the same concern. So I kept on tracking their cold wallet balance.
Up to now, everything seems normal and legit:
10741.99002001 BTC

https://blockchain.info/address/1CyAr95iiyPMDEfe48NZGQti3BSSwBsUsw
https://blockchain.info/address/1Zz1iN9QaxaiBM735nQLRGxtV46cWqWxT

Just because they have money in their cold wallet does not mean that they have enough to cover all the customer balances nor that they will not run away when the total customer balances get large enough. All this means is that a lot of other people trust them with their bitcoin

It's good to stay alert. But now in terms of trading volumn, Chinese exchanges dominates global btc market. Personally I don't recall any major Chinese exchange run away, even when they were richest (btc ~$1000).

It is not a question as to how much the price of bitcoin is, it is a question of the dollar value of all the bitcoin that is controlled by the exchange. If bitcoin is now trading at $300 but an exchange has 10x as much bitcoin in their control then the exchange would make out better by waiting to gain confidence