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Author Topic: Methods of growing your Bitcoin?  (Read 453412 times)
pooya87
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September 09, 2015, 07:58:05 AM
 #1501

I put all my btc in a paper wallet, dig a hole, put the paper in there, and water the spot once a day.  After a week, I've noticed some sprouting!  We'll see in another week if it turns into a bitcoin tree

0/10, QR code smudged in the muddy water and now I can't access my private key.

well, he is obviously kidding but in my experience you should keep at least one copy of your paper wallet in another place if you have put a lot of money in it.
and another thing that you can do to make the paper last much longer is to laminate it. then it would have resistance to water and getting ruined.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 09, 2015, 09:34:39 AM
 #1502

Even lending money to people has become dangerous nowadays you can check the subforum and so many defaulted mostly when they give their account as collateral.

If you make sure not to lend more than the value of the collateral, it should be fine.

Yes now a days many people instead of selling their account they just take the loan and default. This tread become quite popular now so when you give a loan with any account as a collateral better to give loan only around 50% of the account value so that he/she will surely payback the amount. If you give loan for around 80 to 90% then surely they will default the loan. One need to carefully study the account rating before giving loan with accounts as collateral.  
what do you mean by default? accounts as collateral is a great deal if the account have a high rank like sr.member and up, and you must know or you must have to check his background so that you can assure your self that when you give him a loan he will pay it.

My own understanding of what posted is, a seller instead of finding someone to sell his/her account to, they take a loan and use the account to be sold as a collateral, and with a desired price the borrower mostly failed to pay with intention. And most of them are making money by doing this rather than what is usual due to the promises that they will pay the amount borrowed plus the interest.

borrowers can't do that now as TC is roaming around and checking who defaults loan and uses account as collateral. If they default loan, account will be worthless since TC will mark them with negative trust. Lending is good but just make sure you take other forms of collateral.
https://bitcointalk.org/index.php?topic=1162155.msg12250299#msg12250299


That puts risk even to lenders, it triggers to not to accept account as collateral most especially from a suspicious loaner, and not 100% of us will be warned of this.
nydiacaskey01
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September 09, 2015, 09:40:34 AM
 #1503

That puts risk even to lenders, it triggers to not to accept account as collateral most especially from a suspicious loaner, and not 100% of us will be warned of this.
Well there are other ways to grow bitcoins aside from lending and if I will push with lending as an option to grow bitcoin i'll just be very careful and choose who to lend. You can still get accounts as collateral but just make sure that they will payback.
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September 09, 2015, 12:09:17 PM
 #1504

You could try playing games such as Dice or Minesweeper and grow your Bitcoins. Although it might be considered as gambling, you can still have fun  Roll Eyes

Smiley gambling is good way if you sure have more lUck  Grin

Lol what a way to earn bitcoin, but what if you don't have luck, you will get depressed
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September 09, 2015, 12:20:36 PM
 #1505

i have 3 times given few cash for a loan...but i have never seen it back.

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September 09, 2015, 12:28:48 PM
 #1506

You could try playing games such as Dice or Minesweeper and grow your Bitcoins. Although it might be considered as gambling, you can still have fun  Roll Eyes

Smiley gambling is good way if you sure have more lUck  Grin

Lol what a way to earn bitcoin, but what if you don't have luck, you will get depressed

If you always rely on luck in gambling It is not good, you must have the skill for it. I think gambling is not a good way, one day you will lose big
Herbert2020
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September 09, 2015, 02:09:15 PM
 #1507

You could try playing games such as Dice or Minesweeper and grow your Bitcoins. Although it might be considered as gambling, you can still have fun  Roll Eyes

Smiley gambling is good way if you sure have more lUck  Grin

Lol what a way to earn bitcoin, but what if you don't have luck, you will get depressed

If you always rely on luck in gambling It is not good, you must have the skill for it. I think gambling is not a good way, one day you will lose big

well said. if you want to earn money through gambling i have to tell you that you are delusional because you are losing money. and if you have a gambling addiction or simply enjoy gambling with your bitcoins i think it is better to look for games that require some skill instead of pure luck like dice.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 09, 2015, 02:59:30 PM
 #1508

i have 3 times given few cash for a loan...but i have never seen it back.

I think after this bad experience you are not going to give anymore cash for loan? That's not good what people do nowadays.
nejibens
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September 09, 2015, 03:49:14 PM
 #1509

i have 3 times given few cash for a loan...but i have never seen it back.

I think after this bad experience you are not going to give anymore cash for loan? That's not good what people do nowadays.

yes agree lending nowdays is a big risk
also gambling isn't really a good method to grow your bitcoin
i think the invest is the better method
BitAddict
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September 09, 2015, 03:58:08 PM
 #1510

Best advice if you need to ask for the best methods of growing your bitcoins, store them in a cold wallet. Period. Full Stop.
They won't grow, but you won't get scammed or lose them nonsense like 95% of the people do.
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September 09, 2015, 04:17:13 PM
 #1511

i have 3 times given few cash for a loan...but i have never seen it back.
One good example of lending is not a good way to grow your bitcoin... or just qualify thoroughly guy asking for loan. If they ask for loan because they don't have money don't expect for it to come back.

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September 09, 2015, 04:32:59 PM
 #1512

i have 3 times given few cash for a loan...but i have never seen it back.
One good example of lending is not a good way to grow your bitcoin... or just qualify thoroughly guy asking for loan. If they ask for loan because they don't have money don't expect for it to come back.

I beg to differ. loaning bitcoin can be a good way of earning some profit on your bitcoins you just have to take the necessary precautions.
like not lending to anybody that just asks, or asking for collateral.

Only Bitcoin
mallard
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September 09, 2015, 07:15:46 PM
 #1513

i have 3 times given few cash for a loan...but i have never seen it back.

On this website, or to people to that you know in the real world?
winspiral
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September 09, 2015, 07:54:23 PM
 #1514

i have 3 times given few cash for a loan...but i have never seen it back.

On this website, or to people to that you know in the real world?

On Perfect Money official site

sakira
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September 10, 2015, 03:35:26 AM
 #1515

You could try playing games such as Dice or Minesweeper and grow your Bitcoins. Although it might be considered as gambling, you can still have fun  Roll Eyes

Smiley gambling is good way if you sure have more lUck  Grin

Lol what a way to earn bitcoin, but what if you don't have luck, you will get depressed

If you always rely on luck in gambling It is not good, you must have the skill for it. I think gambling is not a good way, one day you will lose big

well said. if you want to earn money through gambling i have to tell you that you are delusional because you are losing money. and if you have a gambling addiction or simply enjoy gambling with your bitcoins i think it is better to look for games that require some skill instead of pure luck like dice.

yes I am a bit of skill to analyze football team, because I like to make parlay and I also like to play poker, which really should have a strategy/skill good
futurebit640
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September 10, 2015, 05:27:06 AM
 #1516

i have 3 times given few cash for a loan...but i have never seen it back.
One good example of lending is not a good way to grow your bitcoin... or just qualify thoroughly guy asking for loan. If they ask for loan because they don't have money don't expect for it to come back.

I beg to differ. loaning bitcoin can be a good way of earning some profit on your bitcoins you just have to take the necessary precautions.
like not lending to anybody that just asks, or asking for collateral.

This is more sensible answer. If you check the lending section in this forum you will find both good and bad people. But there are many people who borrow money without any collateral and still they return back money with interest. You just need to carefully check and lend loan with only good collaterals which you can easily liquidate to recover you money with interest. Then this venture will bring go quite a good easy money.
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September 10, 2015, 08:25:40 AM
 #1517

I like to gamble a couple times a month to see how lucky im feeling, but other than that I limit my gambling to actual trades, hoping that the shitcoin I buy goes up and I get some extra BTC off it.

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September 11, 2015, 10:00:38 AM
 #1518

Well I love gambling, but I am tired of hearing complaints by the losers in gambling, who said they have put all their money into gambling to get much more, but in the end they lost it, then blame the gambling site owner and stated the gambling site is not fair Roll Eyes
Limiting your money to gamble is a good way, so the risk could be lower Smiley

Then if that's the case much better to just let those gamblers gambled. No words , suggestions or comments here can stop them unless they will experience it to their own self the burden of being lost.
Sometimes the only way to learn a lesson it’s to get burn yourself despite all the warnings. Like putting your hand on the stove or dating a girl that everyone thought was not good for you. The school of hard knocks can be brutal.

Yeah, you could try and experience that directly, but blaming other person just because of depressing when lost in gambling isnt a good deed.

Even tough gambling is too risky, but I think gambling is better for me to grow my bitcoin than trading (waiting the price up or down sounds boring for me Grin)

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September 11, 2015, 10:30:52 AM
 #1519

Even tough gambling is too risky, but I think gambling is better for me to grow my bitcoin than trading (waiting the price up or down sounds boring for me Grin)

You got it lol. And trading can considered a slow type of gambling too so the bottom line here is ; you still gambling while doing trading. Im not rushing to boost my coins but I preferred (as of now) gambling through sports betting than waiting for the price to become roller coaster then do the buy and sell method.

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September 11, 2015, 11:57:25 AM
 #1520

The is only one thing that I would do to grow my Bitcoins, and that is to invest them in a reliable company or shares. The way I would reach ROI (it could take longer than expected)  Smiley

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