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Author Topic: Methods of growing your Bitcoin?  (Read 453412 times)
Ninjaskills
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November 14, 2015, 03:15:10 AM
 #2421

once had a booming, earn bitcoin with mining, all people growing his bitcoin with minning
but now I am very afraid to play mined again

Now mining is profitable when you have very cheap or free electricity. There is another option - when is coming new miner - like now s7 and you are in group of first buyers.. You mine 4-5 months and then you gonna find someone who will buy this miner in good price.
Yeah I ever tried it, and really spent a lot of electricity,
then I think, grow bitcoin mining is not suitable for me
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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November 14, 2015, 03:18:41 AM
 #2422

For me i have my own methods how to grow my bitcoins by making a faucet site 1 or 2 faucet sites plus rotator sites with ads.. I think this is the good way to growth our bitcoin but you need  patience before making money about this methods.....
I was so scared when make faucet site, because we must have the capital to make it, what if nobody had ever clicks my ads? where my income?
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November 14, 2015, 03:26:22 AM
 #2423

Well I suppose you could deposit it at bitfinex and "lend" it, no real risk except for bitfinex itself.  rates are about 0.025 % per day I believe, so around 0.08 per year per 1 bitcoin.
Is this about margin trading? poloniex offers the same feature, but I really don't understand how it works. Can anyone shine some light on it for me?
I think your amount has to be picked in order for it to gain real interest. Does that mean that your cash just sits there without making any profits most of the time?


So in short people that want to trade on margin need to borrow either btc or usd for the trade.  You supply the btc for example, there is a market buy/sell btc rates.  so you can say I want to buy btc for 2 days at 0.002% per day, and some other guy would say I want to sell btc for 2 days at 0.003% per day.  So I suppose your cash sits there no earning anything is no one buys your order.  You can say I will lend for 30 days also I think.  Hope that explains it a bit.  I did not know poloniex had that too.
What if the person who I lend money to withdraws the bitcoins I lent to him, or loses the money on trading. Will I lose my bitcoins, or does the site have some kind of a collateral?

Also what about investing in a casino like justdice? Anyone done that? Want to hear your stories guys.


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Laosai
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November 14, 2015, 04:27:16 AM
 #2424

For me i have my own methods how to grow my bitcoins by making a faucet site 1 or 2 faucet sites plus rotator sites with ads.. I think this is the good way to growth our bitcoin but you need  patience before making money about this methods.....

That's the slowly but surely way to grow your bitcoins but you have to be unique nowadays as most faucets were similar, just solve the captcha then claim, a typical faucet. You also need to pay quite higher rates to gain more traffic Cheesy

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November 14, 2015, 04:36:15 AM
 #2425

What if the person who I lend money to withdraws the bitcoins I lent to him, or loses the money on trading. Will I lose my bitcoins, or does the site have some kind of a collateral?

Also what about investing in a casino like justdice? Anyone done that? Want to hear your stories guys.

IIRC, Poloniex autoliquidates the person's holdings if their overall holdings is equal to the amount they've borrowed to prevent them from making further losses on what they've borrowed. But you'd have to check it on their site - I haven't kept up with any rule/TOS changes.

As to JD - it's ok I guess, you'll be at the mercy of the CLAM value at any given time for both the trade to and from BTC so that is a factor you'll have to consider.
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November 14, 2015, 04:42:58 AM
Last edit: November 14, 2015, 05:02:12 AM by jaberwock
 #2426

Well I suppose you could deposit it at bitfinex and "lend" it, no real risk except for bitfinex itself.  rates are about 0.025 % per day I believe, so around 0.08 per year per 1 bitcoin.
Is this about margin trading? poloniex offers the same feature, but I really don't understand how it works. Can anyone shine some light on it for me?
I think your amount has to be picked in order for it to gain real interest. Does that mean that your cash just sits there without making any profits most of the time?


So in short people that want to trade on margin need to borrow either btc or usd for the trade.  You supply the btc for example, there is a market buy/sell btc rates.  so you can say I want to buy btc for 2 days at 0.002% per day, and some other guy would say I want to sell btc for 2 days at 0.003% per day.  So I suppose your cash sits there no earning anything is no one buys your order.  You can say I will lend for 30 days also I think.  Hope that explains it a bit.  I did not know poloniex had that too.
What if the person who I lend money to withdraws the bitcoins I lent to him, or loses the money on trading. Will I lose my bitcoins, or does the site have some kind of a collateral?

Also what about investing in a casino like justdice? Anyone done that? Want to hear your stories guys.

If you lose enough the site will close your position and sell the borrowed bitcoins. And you pay interests upfront, so not a problem. If you have balance, I think the price may fall a little without you being margin called.

And Clam is always falling, so I think what you get with Just Dice is not worth the loss by the fall of the price. With other dice sites, if you invest you need to trust that they won't run away with the investment or be 'hacked' and unable to give the money back


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November 14, 2015, 04:47:09 AM
 #2427

I have read some comments in this thread and I have seen some cool stuff to grow it. Thanks for those comments I got to know a little what it can do.
knowhow
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November 14, 2015, 11:20:55 AM
 #2428

Well I suppose you could deposit it at bitfinex and "lend" it, no real risk except for bitfinex itself.  rates are about 0.025 % per day I believe, so around 0.08 per year per 1 bitcoin.
Is this about margin trading? poloniex offers the same feature, but I really don't understand how it works. Can anyone shine some light on it for me?
I think your amount has to be picked in order for it to gain real interest. Does that mean that your cash just sits there without making any profits most of the time?


So in short people that want to trade on margin need to borrow either btc or usd for the trade.  You supply the btc for example, there is a market buy/sell btc rates.  so you can say I want to buy btc for 2 days at 0.002% per day, and some other guy would say I want to sell btc for 2 days at 0.003% per day.  So I suppose your cash sits there no earning anything is no one buys your order.  You can say I will lend for 30 days also I think.  Hope that explains it a bit.  I did not know poloniex had that too.
What if the person who I lend money to withdraws the bitcoins I lent to him, or loses the money on trading. Will I lose my bitcoins, or does the site have some kind of a collateral?

Also what about investing in a casino like justdice? Anyone done that? Want to hear your stories guys.

You can lend any ammount without collateral but for you to take the loan you must put a collateral on their margin trades ,soo if the period to repay the loan ends and the user hasnt balance to pay the coin he or her left into margin trade will get sold and you will get your investment,atleast as i know there is a 130% margin trade ,meaning if you wanna 1 btc you must left some coins worthing 1.30 btc,atleast on poloniex.
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November 14, 2015, 02:58:58 PM
 #2429

Well I suppose you could deposit it at bitfinex and "lend" it, no real risk except for bitfinex itself.  rates are about 0.025 % per day I believe, so around 0.08 per year per 1 bitcoin.
Is this about margin trading? poloniex offers the same feature, but I really don't understand how it works. Can anyone shine some light on it for me?
I think your amount has to be picked in order for it to gain real interest. Does that mean that your cash just sits there without making any profits most of the time?


So in short people that want to trade on margin need to borrow either btc or usd for the trade.  You supply the btc for example, there is a market buy/sell btc rates.  so you can say I want to buy btc for 2 days at 0.002% per day, and some other guy would say I want to sell btc for 2 days at 0.003% per day.  So I suppose your cash sits there no earning anything is no one buys your order.  You can say I will lend for 30 days also I think.  Hope that explains it a bit.  I did not know poloniex had that too.
What if the person who I lend money to withdraws the bitcoins I lent to him, or loses the money on trading. Will I lose my bitcoins, or does the site have some kind of a collateral?

Also what about investing in a casino like justdice? Anyone done that? Want to hear your stories guys.

there are some that runs on BTC like satoshidice and bitdice. These two are quite reputable, the former is one of the oldest dice site if I'm not wrong. Currently invested abit in bitdice, love the UI of the website haha
Abiky
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November 14, 2015, 06:31:56 PM
 #2430

Another effective method to grow your Bitcoins would be to carefully analyze the charts of alt coins, and choose the one that has a constant price change (like low to high, then high to low) Before making such a move, it is advised to make a research of such crypto currency just to be safe. This has made me a decent amount of profits so far.  Grin

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rickadone
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November 14, 2015, 07:25:40 PM
 #2431

Another effective method to grow your Bitcoins would be to carefully analyze the charts of alt coins, and choose the one that has a constant price change (like low to high, then high to low) Before making such a move, it is advised to make a research of such crypto currency just to be safe. This has made me a decent amount of profits so far.  Grin

I tried some alt coin trading but I concluded it was same as gambling as I do not aware when it would get dumped heavily. Only few alt coins were fairly distributed and safe for trading them.
GannickusX
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November 14, 2015, 07:29:58 PM
 #2432

For me i have my own methods how to grow my bitcoins by making a faucet site 1 or 2 faucet sites plus rotator sites with ads.. I think this is the good way to growth our bitcoin but you need  patience before making money about this methods.....
I was so scared when make faucet site, because we must have the capital to make it, what if nobody had ever clicks my ads? where my income?

It's not that risky, most faucets give between 100-1000 satohis so you could alwyas test it without loosing too much
bitgolden
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November 14, 2015, 07:56:45 PM
 #2433

For me i have my own methods how to grow my bitcoins by making a faucet site 1 or 2 faucet sites plus rotator sites with ads.. I think this is the good way to growth our bitcoin but you need  patience before making money about this methods.....
I was so scared when make faucet site, because we must have the capital to make it, what if nobody had ever clicks my ads? where my income?

It's not that risky, most faucets give between 100-1000 satohis so you could alwyas test it without loosing too much

Making faucets also some kind of riskier business like bitcoin trading. Unless you advertise your sites maximum enough, you will not get enough traffic to make sure your ROI in 2 or 3 months. Giving more referral earning also works as advertising your faucet but will costs more satoshi.

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November 15, 2015, 08:11:45 AM
 #2434

the best solution is a faucet not limited to show some banner, but also give a service or try to create a community spirit.
or try to be the onest in some field, for example moonbitcoin has some "doubler" during the request (randomly or daily/ref based), or freebitcoin pay up to 200$ (or a fraction of this amount)....

for sure be in the faucetbox top 10 is not really difficult, you need to spend a little amount, even the type of traffic that you can generate is not worth so much!

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November 15, 2015, 08:15:00 AM
 #2435

Trading,signature campaings,investing in programs,lending,offering services,selling stuff-these are just a part of the numerous ways to grow your btc.

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November 15, 2015, 09:15:06 AM
 #2436

For me i have my own methods how to grow my bitcoins by making a faucet site 1 or 2 faucet sites plus rotator sites with ads.. I think this is the good way to growth our bitcoin but you need  patience before making money about this methods.....
I was so scared when make faucet site, because we must have the capital to make it, what if nobody had ever clicks my ads? where my income?

It's not that risky, most faucets give between 100-1000 satohis so you could alwyas test it without loosing too much

making a faucet sounds interesting. does it require some skill? or what does it require?
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November 15, 2015, 02:14:09 PM
 #2437

I dont use faucet coz for me it's just a waste of time. But for newbie their source of earning bitcoin is faucet so I suggest them to use a faucet rotator to maximize their earning.
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November 15, 2015, 02:22:45 PM
 #2438

I dont use faucet coz for me it's just a waste of time. But for newbie their source of earning bitcoin is faucet so I suggest them to use a faucet rotator to maximize their earning.

I have 12$ per 1000 clicks Cheesy It's easier and faster than faucets..
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November 15, 2015, 02:28:04 PM
 #2439

I dont use faucet coz for me it's just a waste of time. But for newbie their source of earning bitcoin is faucet so I suggest them to use a faucet rotator to maximize their earning.

I have 12$ per 1000 clicks Cheesy It's easier and faster than faucets..

From where you are making $12 per hour by clicking. It must be more better earning than we can make either from faucet or from signature campaign also. If you share your way of making that much money, that would be more useful for many people like me here.
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November 15, 2015, 03:07:14 PM
 #2440

Probably holding it Cheesy if you trade it you might just lose it all. Faucets generate a really small ammount of Bitcoins, i dont recommend them,
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