Methods of growing your Bitcoin?

[Enzyme]

Hi!

I recently created a thread asking for the best methods of gaining free Bitcoin.

Most popular results:

• Signature Campaign (High Paying)
• Faucets (Low Paying)
• Trading (Variable)

Now, I'm asking a different question.
What are your best methods of growing Bitcoin.

Only refer to safe investments!

Thanks

[1714892818]

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[Hamuki]

I dont think that people are going to give away their ways of making money when it comes to this.

But lets hope that will happen.
People might have websites running where they invest money into advertisement to make even more money from traffic to ad revenue.

But lets see what others say.

[NeuroticFish]

Another possible good investment could be to invest into "house" on casino/dice sites.

My personal experience was.. strange: I invested a small amount and after an hour or so I checked back and I was slowly losing money there. Then I did something I don't advice you to do: I did some gambling. I recovered my loses and made a small profit. Then I "ran" out from there.

I've seen reviews made by people with more patience (and money) than mine, so that could actually be a good investment, I don't know.
I thought it worth mentioning it here anyway.

[Lorenzo]

The first thing that comes to mind after reading your post is investing in dice sites. Basically what happens is that you provide the dice site with coins to add to the site's bankroll. The dice site has a house edge meaning that gamblers are slightly more likely to lose money than win it. In the long run, the site (and therefore you) should earn a profit. However, I wouldn't exactly call it safe. Plenty of dice sites have collapsed or turned out to be scams in the past and usually when that happens, all of your bitcoins disappear.

Dooglus has a dice site running and is a highly trusted member so he's unlikely to run away with your coins. That's no guarantee that the site won't be hacked or that someone with tons of bitcoins and lots of luck won't make a series of large bets that devastate the site's bankroll though. Unfortunately, the site uses an altcoin called CLAMs so you will need to obtain some before investing. If you had bitcoins, litecoins, or dogecoins in May 2014, then it's likely that you already have CLAMs. The process for digging them can be found here.

There are other dice sites too that accept investments, but most of them haven't been around long enough to be considered highly trustworthy yet.

EDIT: The site's name is Just-Dice. Probably should have mentioned that.

[Monetizer]

Honestly there are a not of easy safe ways to grow your bitcoin. As others have said investing in a gambling site is good.

[GermanGiant]

Hi!

I recently created a thread asking for the best methods of gaining free Bitcoin.

Most popular results:

• Signature Campaign (High Paying)
• Faucets (Low Paying)
• Trading (Variable)

Now, I'm asking a different question.
What are your best methods of growing Bitcoin.

Only refer to safe investments!

Thanks

www.cloudmining.website is giving ROI within 114 days and this is verified by a 3rd party website which tracks earning from almost all mining companies on earth.



Source: http://www.cmmonitor.com/24-cloudmining-website.html

Though, because of varying mining luck, I wont say it is the safest investment. But, it is a risk that worth to be taken...

[Enzyme]

Thanks for the responses!

Would you rather:
a) Invest in a Dice website?
b) Mine with Hashnest?

[NeuroticFish]

100.16% ? Is that per day?

That means that if you invest 1 BTC, after each day you'll get (pure profit) 0.0016 BTC.
A Full member gets more than that from sig campaign for 2 posts....


Did I miss something?

[Monetizer]

Thanks for the responses!

Would you rather:
a) Invest in a Dice website?
b) Mine with Hashnest?

Definitely a dice site IMO. Mining is very unpredictable and I see it becoming unprofitable in the near future.

[okthen]

I don't see a reliable method right now.
Casinos are always risky, and currently there are no trustworthy cloud mining systems around.

You can always invest your fiat and buy bitcoin later (though it might be more profitable to just buy btc and hold them).

[GermanGiant]

100.16% ? Is that per day?

That means that if you invest 1 BTC, after each day you'll get (pure profit) 0.0016 BTC.
A Full member gets more than that from sig campaign for 2 posts....


Did I miss something?

It means 100.16% of the investment in 114 days. Anything after that is pure profit...

Sig campaigns are not investment. That is work. U sell your time to advertise for others and hence u earn.

[Enzyme]

100.16% ? Is that per day?

That means that if you invest 1 BTC, after each day you'll get (pure profit) 0.0016 BTC.
A Full member gets more than that from sig campaign for 2 posts....


Did I miss something?

It means 100.16% of the investment in 114 days. Anything after that is pure profit...

Sig campaigns are not investment. That is work. U sell your time to advertise for others and hence u earn.

Cloud mining is too unpredictable. Why spend 1/3 of your year waiting for your money back when you can earn/lose it in a matter of minutes with Dice?

[NeuroticFish]

100.16% ? Is that per day?

That means that if you invest 1 BTC, after each day you'll get (pure profit) 0.0016 BTC.
A Full member gets more than that from sig campaign for 2 posts....


Did I miss something?

It means 100.16% of the investment in 114 days. Anything after that is pure profit...

Sig campaigns are not investment. That is work. U sell your time to advertise for others and hence u earn.

Ahhh, I understand now the numbers. Thanks.
So it took 114 days (1/3 of a year!!) to get back the 0.01BTC (10 posts "work").

Instead of such profit, I prefer "work", really: 0 investment, 0 risk, pretty good chance to cash in more than that in (much) less than a week.
I don't want to be mean, I just want to show that (imho!) it's not worth the investment right now.


Maybe some day, when BTC will go (back) to 600-100$, then the equation will change. Equipment and power consumption are paid in $ and then the numbers (in BTC) will look much-much better.

I was wrong again.

So it took 114 days (1/3 of a year!!) to get ROI and then you'll mine for free as long as the mining site will keep mining for you.
If the price will not decrease even more and if the difficulty doesn't get much bigger, it may be easy money.
Else the power will start to cost more than you get for each block. Also, halving will come at some point.

Too many IFs for a safe investment (though I stand corrected, GermanGiant was right ).

[Rent_a_Ray]

Create your own exchange, wait untill the amount of BTC and Users are high enough (one year is a rough-and-ready rule).
Then send the BTC to another address and make the following announcement:
"We got hacked. 3900 BTC were stolen from our wallets."

It's easy … isn't it?

[Enzyme]

Create your own exchange, wait untill the amount of BTC and Users are high enough (one year is a rough-and-ready rule).
Then send the BTC to another address and make the following announcement:
"We got hacked. 3900 BTC were stolen from our wallets."

Thanks for the advice. It'll surely be a "mistake" and horrible "server-malfunction" which enabled "North Korean" hackers to hack the exchange and steal all the BTC from the "cold wallet".

[Q7]

I managed a number of websites and earn from the advertising. A portion of the money earned in fiat are invested back into bitcoin, if that fits into your definition of growing your bitcoin. Also have been thinking of making another separate website that focuses specifically on crypto and then placing ads networks that pays in bitcoin

[NeuroticFish]

Create your own exchange, wait untill the amount of BTC and Users are high enough (one year is a rough-and-ready rule).
Then send the BTC to another address and make the following announcement:
"We got hacked. 3900 BTC were stolen from our wallets."

It's easy … isn't it?

Brilliant idea!  
Just it has a possible flaw: I've read that some exchange owners had troubles with the justice because they didn't register their business (as exchange?) and pay the taxes (?).
So it may not be a small investment after all.

But I can't argue, the profit is big and almost guaranteed.  

[DeboraMeeks]

Create your own exchange, wait untill the amount of BTC and Users are high enough (one year is a rough-and-ready rule).
Then send the BTC to another address and make the following announcement:
"We got hacked. 3900 BTC were stolen from our wallets."

It's easy … isn't it?

Ain't any advice though to grow our BTC, but to steal someone's.

@Enzyme,
Instead of growing, try to earn them by doing easy/hard tasks for it. The only genuine way is to earn them and not spending a lot, means growing according to me.

[neoneros]

Shifting coins between alt and btc on an exchange can give you nice results

[dothebeats]

Shifting coins between alt and btc on an exchange can give you nice results

Still has high risks though. Isn't dependable for a long period of time. You need to have a good sense on decision making on which coin to hold and dump. But yeah, it can help you grow your btc.