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Author Topic: How do you invest your bitcoin?  (Read 8630 times)
theskillzdatklls
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March 16, 2015, 06:00:20 AM
 #61

https://pocketrocketscasino.eu allows an invest in the house bankroll feature.

Pocket Rockets Casino is the number one trusted crowd funded Bitcoin gambling site with over 2600 Bitcoin invested.
The site currently has a total profit for investors at 1474 Bitcoin, almost all made from October last year on the dice game.

At the start of the year I added a leverage system where you can keep less Bitcoin on site, reducing counter party risk.

Well, seeing as your trust lating is in the negative, I guess I'll refrain from sending my coins to you Smiley Thanks for the invitation, though. I'll hold on to my fat stack of bitcoins

actually he's totally legit. his trust is only negative because of some overzealous dumbass named bayareacoins, not from any scam. he has one of the longest running most legitimate investment sites out there and has been #1 for quite some time.

that all said, ill pop my head into this thread every now and then seeing if anyone ever contributes a good idea itt. i wish there was legit stuff to invest in, it just all reeks of bullshit out there unfortunately.

btc has such unbelievable potential if people werent such scum.




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HarmonLi
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March 16, 2015, 11:25:51 AM
 #62

https://pocketrocketscasino.eu allows an invest in the house bankroll feature.

Pocket Rockets Casino is the number one trusted crowd funded Bitcoin gambling site with over 2600 Bitcoin invested.
The site currently has a total profit for investors at 1474 Bitcoin, almost all made from October last year on the dice game.

At the start of the year I added a leverage system where you can keep less Bitcoin on site, reducing counter party risk.

Well, seeing as your trust lating is in the negative, I guess I'll refrain from sending my coins to you Smiley Thanks for the invitation, though. I'll hold on to my fat stack of bitcoins

actually he's totally legit. his trust is only negative because of some overzealous dumbass named bayareacoins, not from any scam. he has one of the longest running most legitimate investment sites out there and has been #1 for quite some time.

that all said, ill pop my head into this thread every now and then seeing if anyone ever contributes a good idea itt. i wish there was legit stuff to invest in, it just all reeks of bullshit out there unfortunately.

btc has such unbelievable potential if people werent such scum.

If the whole AM ordeal has taught me anything it's that even the most legit-seeming and honest people may, at some point, turn evil. Everyone's a human being, and humans have the tendency to protect themselves first.

PocketRocketsCasino
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March 16, 2015, 07:55:26 PM
 #63

https://pocketrocketscasino.eu allows an invest in the house bankroll feature.

Pocket Rockets Casino is the number one trusted crowd funded Bitcoin gambling site with over 2600 Bitcoin invested.
The site currently has a total profit for investors at 1474 Bitcoin, almost all made from October last year on the dice game.

At the start of the year I added a leverage system where you can keep less Bitcoin on site, reducing counter party risk.
What has the avg preformance during the sites excistance been for those that has invested in the bankroll of the site when that option has been avaliable, is there any official numbers published somewhere for what the avg interest per day/week/month/year is and has been in the past ?

The investment option started around this time last year. Traffic and investment didn't really pick up until around July and then have continued to grow since.

Since around October 2014 the investors have made 1450 Bitcoin, with around 400 of that being since January this year.

It is hard to get a solid estimate of expected ROI and from week to week it has been different almost every week for the past 8 months.
However it has averaged around 1-1.5k Bitcoin wagered per week for the past 2 month. The expected profit in that case is 10-15 Bitcoin per week but it varies a lot.

https://pocketrocketscasino.eu allows an invest in the house bankroll feature.

Pocket Rockets Casino is the number one trusted crowd funded Bitcoin gambling site with over 2600 Bitcoin invested.
The site currently has a total profit for investors at 1474 Bitcoin, almost all made from October last year on the dice game.

At the start of the year I added a leverage system where you can keep less Bitcoin on site, reducing counter party risk.

Well, seeing as your trust lating is in the negative, I guess I'll refrain from sending my coins to you Smiley Thanks for the invitation, though. I'll hold on to my fat stack of bitcoins

As pointed out by theskillzdatklls that trust has been given unfairly.
I actually am not particularly looking for any more investment. Pocket Rockets Casino already has the most invested of any Bitcoin gambling site and has the highest max payout because of this.

The main reason I added the leverage system was so that there didn't need to be as many Bitcoin stored on site. The total invested could be reduced a huge amount if all investors used 10x leverage.

However for people who are looking for a safe place to invest with a good ROI then there's not many places better than Pocket Rockets Casino.

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March 17, 2015, 04:38:57 AM
 #64

Consider that for every coin gleaned from a gambling site, someone else lost at least one coin to that gambling site. So sure, play and walk away a winner but remember some poor chump is walking away a loser. That's the nature of gambling. It's the same with mining altcoins; the only winners are the guys that leave in time to walk away with whatever was put in by everyone else.

The only business I've ever invested in, that wasn't just purchasing hardware, is my own. It's not that I don't trust anyone else to not screw me over, it's just I don't like investing because I'd much rather work for a living than sit back and watch someone else pay me to let them work. It's partially for that reason that we don't take in any investment money from anyone else - our only revenue stream is the direct sale of goods (either manufactured or value-added, we will not profit from middlemanning) and services. Another good reason being, when someone owns a share of my work, someone has paid me for the right to influence decisions even if he's not actually doing any work himself and that's both stupid and a recipe for someone getting screwed. Mining bitcoins directly, and selling goods and services within the bitcoin economy, has been my full-time income for a little over a year now.

I take offense to the consideration that there are zero honest businesses in the bitcoin economy. It's close to zero, but not zero yet.

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Kipsy89
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March 18, 2015, 02:18:37 PM
 #65

Consider that for every coin gleaned from a gambling site, someone else lost at least one coin to that gambling site. So sure, play and walk away a winner but remember some poor chump is walking away a loser. That's the nature of gambling. It's the same with mining altcoins; the only winners are the guys that leave in time to walk away with whatever was put in by everyone else.

The only business I've ever invested in, that wasn't just purchasing hardware, is my own. It's not that I don't trust anyone else to not screw me over, it's just I don't like investing because I'd much rather work for a living than sit back and watch someone else pay me to let them work. It's partially for that reason that we don't take in any investment money from anyone else - our only revenue stream is the direct sale of goods (either manufactured or value-added, we will not profit from middlemanning) and services. Another good reason being, when someone owns a share of my work, someone has paid me for the right to influence decisions even if he's not actually doing any work himself and that's both stupid and a recipe for someone getting screwed. Mining bitcoins directly, and selling goods and services within the bitcoin economy, has been my full-time income for a little over a year now.

I take offense to the consideration that there are zero honest businesses in the bitcoin economy. It's close to zero, but not zero yet.

That's almost the definition of a Ponzi, except that this is mathematically founded. I think it's highly interesting, it effectively is a high-pressure cooker in which the last remaining decency of humanity will prevail and we can built on top of that in the future.

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March 19, 2015, 07:28:57 PM
 #66

Bitcoin in itself is an investment - investing bitcoins just further increases the risk involved... If the question was raised a bit earlier I would advise to invest in btc hardware mining if you have cheap electricity and a place to keep the equipment cool or even try cloudmining but with recent developments and failures I am loosing the will to do anything with bitcoins just hold..  Smiley
HOLD!  Cheesy Wink

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March 20, 2015, 01:55:14 AM
 #67

Bitcoin in itself is an investment - investing bitcoins just further increases the risk involved... If the question was raised a bit earlier I would advise to invest in btc hardware mining if you have cheap electricity and a place to keep the equipment cool or even try cloudmining but with recent developments and failures I am loosing the will to do anything with bitcoins just hold..  Smiley
HOLD!  Cheesy Wink
I would venture to say that even under stable prices, more or less, that given the difficulty hikes that progressively take place that mining isn't something that could produce anything worthwhile as a return that would be advantageous over just holding under the normal circumstances unless you start and receive your rig at the start of a bear market. Before you know it, the hashing benefits run to a neutral outcome before you know it. If you paid in bitcoin, your best bet to win getting that currency back is to start mining a few months before the tail run of a bear market and then use the capitulation after-stages as the time to recop/mine more bitcoin to have made it worthwhile. Paying in cash is another story and can vary. Perhaps, my judgement is clouded because I pre-ordered back in the day and I just barely broke even in usd but got screwed in btc. My advice is to just buy and hold if you're not a trader, yet if you have extra coins above your set goal and are looking to invest in a steady usd stream paid in btc every month or whenever - find a steady paying upstart company that has a legit prospectus and go with that w/ just a small portion of your stash.
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March 20, 2015, 06:26:37 PM
 #68

I like cryptotrader, you can get pretty decent ROI on your investment.
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March 23, 2015, 02:22:16 PM
 #69

I like cryptotrader, you can get pretty decent ROI on your investment.

Only with a good bot code. Did you write one for yourself or did you buy one? If the latter, which bot, if the first, what indicators are you looking for.

I test out tradewave though im still on the coding part.  Roll Eyes

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May 30, 2015, 04:37:41 AM
 #70

Consider investing in a real brick and mortar company for once, try Make Consistent Profit with ArchVentures SA, Portugal

It might be the one you're looking for.

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May 30, 2015, 06:23:34 PM
 #71

Is investing in the bankroll of a dice site (like Just-Dice) worth it?
If I left 0.1 BTC in there overnight, what should I expect to have when I wake up the next morning?
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May 31, 2015, 03:43:07 AM
 #72

I know you said you don't like cloud mining, but you should take a look at hashnest.  They are legit and you get a pretty good ROI.  The nice part is that it isn't a year or two year contract. You own the hash you buy and can sell it back at any time.  Try a bit in there you might be surprised at the results.
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May 31, 2015, 04:54:00 AM
 #73

Try your vestments at CVFS-CrytpoVest at this stage for a steady div payment. Good things are steadily coming along and you should be part of it. This is the best investment option at this point so go get some. This has paid a div for6 months now and I'd say all should get some awarenesson this spoke at this time.
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June 01, 2015, 11:15:02 AM
 #74

Is investing in the bankroll of a dice site (like Just-Dice) worth it?
If I left 0.1 BTC in there overnight, what should I expect to have when I wake up the next morning?

I believe returns in the biggest ever dice site, just-dice, as it still was running on bitcoins, had annual returns of around 11-12 percent. Other dice sites were worse at that time.

I dont have an overview about the actual returns. Though you should not think that investing for one day will get you a clear view. You need to have it parked for some time since the returns vary very much each day.

Consider every investment a risk. If you give your coins in the hands of others, you have lost them at this moment. If youre lucky you will get them back.

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June 01, 2015, 12:01:29 PM
 #75

Is investing in the bankroll of a dice site (like Just-Dice) worth it?
If I left 0.1 BTC in there overnight, what should I expect to have when I wake up the next morning?

I only had negative experience with dice site investments.Not big losses, but definitely no winnings. It is not made to get the end users rich overnight.
I think for them it is simply a good option to issue "shares" that users buy and bring more capital to their site. Then they can make some profit with some trading or who knows what.

I'm currently looking into trading and maybe investing at cryptostocks. I had some minor success there.
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June 01, 2015, 12:50:00 PM
 #76

HODL
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June 01, 2015, 01:01:18 PM
 #77

HODL

If there were 10 Bitcoins in existence, and 10 people held 1 each, all of them hodling for eternity... What would be the value of 1 BTC?

I think a major problem is that people are hoarding, hoping that BTC will be 10'000$ by the end of the year and retire early. Fact is, without 10'000 BTC pizzas, we wouldn't be here. And if everybody held on to their precious coins forever there wouldn't be a point for calling it a currency at all. Currently I feel it's more like a collectible. Like stamps  Roll Eyes
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June 01, 2015, 07:23:56 PM
 #78

HODL

If there were 10 Bitcoins in existence, and 10 people held 1 each, all of them hodling for eternity... What would be the value of 1 BTC?

I think a major problem is that people are hoarding, hoping that BTC will be 10'000$ by the end of the year and retire early. Fact is, without 10'000 BTC pizzas, we wouldn't be here. And if everybody held on to their precious coins forever there wouldn't be a point for calling it a currency at all. Currently I feel it's more like a collectible. Like stamps  Roll Eyes

The adoption is still too low in my opinion for that to be true. Bitcoin is in need for new people to get in, what these new people will do with their coins is another question that is not that important at the moment. A greed to hold therefore is not necessarily bad, because it attracts more people. A lot of them, including myself got interested in Bitcoin just because they saw a potential to hold and sell later at a higher price.

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June 02, 2015, 04:22:08 AM
 #79

Is investing in the bankroll of a dice site (like Just-Dice) worth it?
If I left 0.1 BTC in there overnight, what should I expect to have when I wake up the next morning?
The avg interest people can expect get depends on the bankrolls size in relation to the avg daily betvolume on the site, but if we for example look at a situation with a daily betvolume of 10 times the size of the bankroll with a 1% house edge and a profit disturbution of  80% to investors/20% to site owner then one can expect something like 33.9% yearly profit on the initial investment if one left the whole investment in the bankroll at the site for a full year and 29.2% if one withdraws profits regularly.
Maby it could be a good portfolio choise to have something like 10% of ones capital in a dice site if it would have bets in BTC and perhaps 1-2% if it runs on some other digital currency.

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June 03, 2015, 04:40:35 AM
 #80

Is investing in the bankroll of a dice site (like Just-Dice) worth it?
If I left 0.1 BTC in there overnight, what should I expect to have when I wake up the next morning?
The avg interest people can expect get depends on the bankrolls size in relation to the avg daily betvolume on the site, but if we for example look at a situation with a daily betvolume of 10 times the size of the bankroll with a 1% house edge and a profit disturbution of  80% to investors/20% to site owner then one can expect something like 33.9% yearly profit on the initial investment if one left the whole investment in the bankroll at the site for a full year and 29.2% if one withdraws profits regularly.
Maby it could be a good portfolio choise to have something like 10% of ones capital in a dice site if it would have bets in BTC and perhaps 1-2% if it runs on some other digital currency.

These rates re based on your own experience or what?

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