Mike Mayor
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June 13, 2016, 09:25:34 PM |
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Go buy gold and wait for 10 years
That's a really stupid idea. Seriously. Make investments in people. Run a business or supply a business with funds then take a cut when it takes off. People who say investments are scams are idiots.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Cryptonitex
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June 13, 2016, 09:27:13 PM |
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I'm sure there are investment services out there, but don't trust any of them. Put them in a secure vault and just keep them there. That's the best way to invest...
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sobsitesearch
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June 14, 2016, 03:27:11 AM |
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Keep your bitcoin in your wallet and wait for the right time to sell it and if you can not wait for a long time you can try in trading site but that is risky i can not assure your money will grow 100%.
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outatime1
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CryptoTalk.Org - Get Paid for every Post!
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June 14, 2016, 03:27:18 AM |
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I don't think you can trust any website or exchange 100%. Paper wallets are the least risky but there is always the risk of losing your private key even with that.
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Ethey
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June 14, 2016, 04:36:34 AM |
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there is no Trust in Life my Friend... Only Hope
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Sled
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June 14, 2016, 05:33:47 AM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
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hermanhs09
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June 14, 2016, 07:22:20 AM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
Well, yes. Because most of those so called investment schemes are really just blatant ponzi schemes in disguise. This is the same with most cloud mining websites as well. I suggest just holding bitcoin because you can avoid that risk altogether. You can trust the bitcoin network.
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vero
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June 14, 2016, 07:33:06 AM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
It's depending on where there is invest if you're referring to is the investment ponzi you have no need to say because all know the risks of investing in ponzi game but I do not fully agree with you holding more lucrative maybe trading bitcoin far more beneficial and useful to increase your income.
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Cyaren
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June 14, 2016, 07:41:49 AM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
I think so too. I think it's always good to hold bitcoin as long as you can for the long term instead of blatantly looking at the short term future. The long term is very bright for Bitcoin in my opinion. But if you want, invest in P2P lending sites like loanbase.
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avw1982
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June 14, 2016, 08:19:32 AM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
Yup, Investment needs a lot of research and research needs time. There are many new sites being popped up, can't say you should invest in them, but if you see, you will find that many of them are genuine and if you are just headed towards gaining a small amount of BTC lately but for sure, then I think you should go with them. Just don't forget to go with the least risk listed in there.
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umair01
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June 14, 2016, 01:07:32 PM |
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There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.
I think so too. I think it's always good to hold bitcoin as long as you can for the long term instead of blatantly looking at the short term future. The long term is very bright for Bitcoin in my opinion. But if you want, invest in P2P lending sites like loanbase. yeah, the people looking for short term profits are always played by the whales and end up losing most of their money.
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hermanhs09
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June 15, 2016, 09:39:44 AM |
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there is no Trust in Life my Friend... Only Hope Very true words. A very important aspect of investing is to accept your losses when necessary, invest only what you can afford to lose, and once you invest, expect the worst to happen. It's a bit like gambling, investing with BTC.
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yhansky
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June 15, 2016, 09:51:21 AM |
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Because of halving a lot of investing site appeared,and when somebody invest a huge amount they disappear immediately.. For newbies who wants to join in a fresh appeared investing site,,i warn you,dont dare to join on in it ,cause its a trap.
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deisik
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June 15, 2016, 10:08:24 AM |
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I suggest you colud mining sites.for example hashnest is the best. But pleaee dont invest too much
Not really. Most of the cloud mining sites don't mine at all and they're just there to scam you out of your life savings. I strongly discourage anyone investing in any form of cloud mining. They're mostly ponzis hiding under a new name, that's all.Or they may be money laundering enterprises like Cointellect once was. The said still doesn't make it worth a try to pour your money into them, though
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leowonderful
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Bitcoin FTW!
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June 15, 2016, 11:12:36 AM |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
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deisik
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June 15, 2016, 11:19:27 AM |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity
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leowonderful
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Bitcoin FTW!
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June 15, 2016, 11:59:25 AM |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity The S9 does, if you're willing to. At electricity costs of 0.10$/kwh, you might be able to make a slim profit. We can't predict past the halving accurately, but chances are, if you buy the S9 right now (which is impossible, they don't currently sell on Bitmain's page, wait for the next batch) you will at least make ROI. If prices continue to keep going up, then for now, S7s will continue to make Bitcoin until the halving, when they'll just be too much of a hassle to run at 0.1$kwh. Supposing you run a S9 and have it now, you'll likely be able to make around 500$. Then the halving comes, and we have no way of knowing the prices or the difficulty.
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deisik
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June 15, 2016, 02:15:49 PM Last edit: June 15, 2016, 03:52:09 PM by deisik |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity The S9 does, if you're willing to. At electricity costs of 0.10$/kwh, you might be able to make a slim profit. We can't predict past the halving accurately, but chances are, if you buy the S9 right now (which is impossible, they don't currently sell on Bitmain's page, wait for the next batch) you will at least make ROI. If prices continue to keep going up, then for now, S7s will continue to make Bitcoin until the halving, when they'll just be too much of a hassle to run at 0.1$kwh. Supposing you run a S9 and have it now, you'll likely be able to make around 500$. Then the halving comes, and we have no way of knowing the prices or the difficulty. Starting next month I will be paying around $0.06 per kWh in the daytime and around $0.035 at night, so theoretically I could make a profit in the long run provided your estimation of the S9 performance is correct. Though I still think that such prices are too high to make mining a viable option... You should have at least a tenfold margin, i.e. electricity costs below $0.01 per kWh (for example, live near a nuclear power plant, lol)
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BlueStackz
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June 16, 2016, 04:21:41 PM |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity Yes, it is just high risk I think to mine bitcoins being a small miners as you will end up with nothing due to the high electric bill but if you want it as a business and can open a big mining farm then it will be more profitable.
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notlist3d
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June 16, 2016, 04:47:40 PM |
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Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity It all depends can't really make such a big blanket statement. Yes it's tighter margins then a year ago but many are still able to mine profitable. Even with having the S9 coming out will let many remain mining profitable where S7 might have not been profitable after having. And we really don't know what value, difficulty will be after having all speculation. So S7 hard to say who can mine it after having. But MANY will still be able to mine with S9 it was just a huge jump in efficiency.
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