Bitcoin investment ? Cloud mining ?

[tmfp]

I have 70GH/s on BitcoinCloudServices, they are a legit cloud mining service.

Just wondering, don't you have any proof that they pay well ? Because the only thing I see about them over the internet is 70% scam and 30%... ads ?

Just because an operation pays for a period of time doesn't make it legitimate.
Look thru the threads of scam 'cloud miners', they are full of shills/clients saying "They can't be a scam, they paid me."
Then they stop.

[Baytoba]

Just buy as many as BTC you can
Hold it , and sell it later after price up

[fast2fix]

Hey there, I would like to invest into bitcoin, any good website to earn good money/btc ?

just buy btc it's cheap now and don't invest your btc any website they are mostly scam website.

[pawel7777]

As the other mentioned, cloudmining is probably not a great idea atm. But if you want to do it, read the Puppet's thread:

https://bitcointalk.org/index.php?topic=878387.0

Other investment worth considering is investing in the house of bitcoin gambling sites. This thread has some good review (although it's not comprehensive):

https://bitcointalk.org/index.php?topic=826466.0

[Kryza]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

[kotwica666]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

Good luck then!

Here you can find review of world BTC exchanges: http://bitcoincharts.com/markets/ You will need that

[dsyahputera]

I have 70GH/s on BitcoinCloudServices, they are a legit cloud mining service.

That may be your opinion, but not everyone agrees with you.

Anyone thinking about cloud mining should have a look at this thread before giving coin to anyone.

https://bitcointalk.org/index.php?topic=878387.0

Um, after reading that, I change my mind.

Cloud mining is not good investment. The logical is, if a cloud mining service have a ton of hashrate, why they don't use that to generate coin to their self? That's is risky. Buy a miner hardware is better than make a contract with cloud mining service

If I lost my 70GH/s because BCS became a scam, I'll still in zero lost, because the money that I used for contract is come from a giveaway

[pawel7777]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

If you don't know what you're doing, you're very likely to lose your money this way.

If buying low and selling high was that easy, everyone would be rich by now.

There's plenty of people who bought 'cheap' at $700 and still waiting for price rise (or the other way around). There's no guaranteed average price.

[avatar_kiyoshi]

Hey there, I would like to invest into bitcoin, any good website to earn good money/btc ?

Just don't invest on ponzi, hyip or cloud mining with ponzi scheme.
Use your money for buy btc on low price and sell on high

[Kryza]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

If you don't know what you're doing, you're very likely to lose your money this way.

If buying low and selling high was that easy, everyone would be rich by now.

There's plenty of people who bought 'cheap' at $700 and still waiting for price rise (or the other way around). There's no guaranteed average price.

Just look at bter.com, when the price of DOGE/BTC is at -10%, just buy some for 5 btc(example) and when it goes back to 0% or even +1.25% (Happens every 3 to 12 days) Pam, made 11.25% profit, you now have 5.56 BTC. More than 100$ profit. But you have to be damn lucky to make 11.25% profit, the more I made was yesterday for a test, the prices got to -10% and I sold back at -3.75%, but I only took for 0.225 btc, so it's not a really high profit.

[Divinespark]

Cloud Mining is a ponzi scheme as things stand so avoid like the plague
Just hold the coins, maybe lend as margin on bitfinex

[kotwica666]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

If you don't know what you're doing, you're very likely to lose your money this way.

If buying low and selling high was that easy, everyone would be rich by now.

There's plenty of people who bought 'cheap' at $700 and still waiting for price rise (or the other way around). There's no guaranteed average price.

Just look at bter.com, when the price of DOGE/BTC is at -10%, just buy some for 5 btc(example) and when it goes back to 0% or even +1.25% (Happens every 3 to 12 days) Pam, made 11.25% profit, you now have 5.56 BTC. More than 100$ profit. But you have to be damn lucky to make 11.25% profit, the more I made was yesterday for a test, the prices got to -10% and I sold back at -3.75%, but I only took for 0.225 btc, so it's not a really high profit.

Be very carefull!
It just look so easy Believe me that in one moment everything can change like in mirror.. and you can lose. Cryptocurrency that high risk market Especially for newbies

[pawel7777]

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

If you don't know what you're doing, you're very likely to lose your money this way.

If buying low and selling high was that easy, everyone would be rich by now.

There's plenty of people who bought 'cheap' at $700 and still waiting for price rise (or the other way around). There's no guaranteed average price.

Just look at bter.com, when the price of DOGE/BTC is at -10%, just buy some for 5 btc(example) and when it goes back to 0% or even +1.25% (Happens every 3 to 12 days) Pam, made 11.25% profit, you now have 5.56 BTC. More than 100$ profit. But you have to be damn lucky to make 11.25% profit, the more I made was yesterday for a test, the prices got to -10% and I sold back at -3.75%, but I only took for 0.225 btc, so it's not a really high profit.

This forum is full of people who got burnt by doing that. It seems like a system but it's nothing more than a gambling. You're betting on that there will be no permanent price decline.

DOGE was once steady at 200 satoshi, when it fell below, many were convinced that it will go back. Think about that.

[Kryza]

It was an example, but yeah, since I'm a newbie I should consider being careful.

[MamaGoose]

It was an example, but yeah, since I'm a newbie I should consider being careful.

hem hem...

ok..
you are a newbe...

but you can also see how many threads there are,
where the mantra is:

"mining today is not convenient"
"cloud mining it is a waste of money/time"
"invest directly in btc rather then in mining rig"

[pooya87]

Hey there, I would like to invest into bitcoin, any good website to earn good money/btc ?

IMO there is no good cloudmining services atm. it is not profitable so the good ones stoped mining

search cloudmining 101 in this forum and you will find a good topic on cloudmining services and scam ones

https://bitcointalk.org/index.php?topic=878387.0 - Cloudmining 101
If you been here since last year, you'll know that most of cloudmining out there is not doing real mining. Mostly they use ponzi scheme to run their business. Even big website like pbmining and Zencloud(GAW) have been showing a bad sign.

yes, that is the topic i meant.
from all of them, the one that i used so far is CEX.IO and i liked it because you can buy and sell GHS at any time, which can also be profitable
sadly it is paused due to mining being unprofitable atm

[gkv9]

Try Hashnest.com - they are mining and are trustworthy - here is tread: https://bitcointalk.org/index.php?topic=766448.0

I would suggest you to wait a bit before investing into cloud mining... That said, I don't mean to say that don't get into BTC, you can trade and earn, or can even arbitrage... Also, if you want some free BTC, you can try bit-vortex.com, it's a non-stop faucet...

This page sir is not working correct! Do not paid properly! We wait for answer in original thread: https://bitcointalk.org/index.php?topic=923385.0

I checked there and it seems to be working fine... Also, I got paid there 2 times... But have stopped since 3 days now... So, don't know what's wrong there...

[BeginToMine]

cloudminr.io seems to be good.

[Amph]

cloudminr.io seems to be good.

not really, not worth it, better to invest in btc directly and wait for the next pump

[jaberwock]

cloudminr.io seems to be good.

it received the maximum scam odd in the cloudmining 101 topic:

https://bitcointalk.org/index.php?topic=878387.0

read and take your own conclusions