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Author Topic: Methods of growing your Bitcoin?  (Read 453412 times)
dothebeats
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March 05, 2015, 11:45:02 AM
 #21

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. Wink

@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.

The most probable option for me. You need to do some work in order for you to gain btc. There are sites that pay you btc in exchange for your services and time. Microtasks and turks can help you gain btc. Oh and don't forget the signature campaigns. They also pay well to users who do excellent services for them. Wink

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GermanGiant
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March 05, 2015, 01:31:17 PM
 #22

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.

Your understanding capability has bewildered me !!! It is an investment return ratio. If you invest 0.01 BTC, you'll get that back. If you invest 10 BTC, you'll get that back as well. But, in the second scenario u'll make more profit after 1/3 of a year, which is not the case for your 'signature campaign work'.
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March 05, 2015, 01:36:49 PM
 #23

i'm investing my bitcoins @ some ponzi websites... And some scam sites which pays some percentage of interest on my bitcoins... Before they're going to scam. But i never gambled at all...
I am doing at my own risk
BitCoinNutJob
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March 05, 2015, 01:39:22 PM
 #24

Hi! Cheesy

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

Start a bitcoin business is a good way to grow your bitcoin.  The community is very generous.  Depends how many bitcoins you want i guess.
Exther2
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March 05, 2015, 01:40:27 PM
 #25

Buy cheap, sell high.
Make a project, sell it.
Do some article writing, get paid.
Wear a signature for campaign, get paid.
Don't gamble, you'll loose all.

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Bralex
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March 05, 2015, 01:42:15 PM
 #26

Hi! Cheesy

Only refer to safe investments!

Thanks

The thing is with that statement buddy it does not make much sense i am afraid, reason is because by nature investments have to involve a touch of risk at best because if there was no risk then there could be no reward.

The lowest risk investment would be to trade either a alt coin or bitcoin at least you are in control and there are many risks but you maintain control of your investment so that is all that matter.

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mlferro
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March 05, 2015, 01:43:34 PM
 #27

i'm investing my bitcoins @ some ponzi websites... And some scam sites which pays some percentage of interest on my bitcoins... Before they're going to scam. But i never gambled at all...
I am doing at my own risk
no doubt I have no courage to do this.

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March 05, 2015, 02:02:24 PM
 #28




There are no safe investments with btc.

I'd argue the best way to 'grow' your bitcoin is to start your own business / service, but even then there's no guarantee it will suceed and make a profit. There's no easy way increase your wallet balance, scams like cloud-mining and dodgy dice sites are best avoided if you don't wont to get burned.


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Rude Boy
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March 05, 2015, 02:03:03 PM
 #29

i'm investing my bitcoins @ some ponzi websites... And some scam sites which pays some percentage of interest on my bitcoins... Before they're going to scam. But i never gambled at all...
I am doing at my own risk
no doubt I have no courage to do this.
Yup! I know no one will courage to do this..
Not only you.. Wink
but i'm investing right money at the right time... So i'll get more and more bits Wink
NeuroticFish
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March 05, 2015, 02:12:32 PM
 #30

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.

Your understanding capability has bewildered me !!! It is an investment return ratio. If you invest 0.01 BTC, you'll get that back. If you invest 10 BTC, you'll get that back as well. But, in the second scenario u'll make more profit after 1/3 of a year, which is not the case for your 'signature campaign work'.

Yeah, I needed a coffee. Apologies, you are right.
Still not a safe investment, though much better than my initial broken math  Cheesy
I edited that post, keeping the old text too, for fairness.

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March 05, 2015, 02:15:23 PM
 #31

Right now a friend and I are working on a way to do this. In one month and a half, we should have our site up and running.

This is the reason I am trying to get my activity level up on the site right now, as we want to advertise with a reputation that facilitates the trusts of our customers.
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March 05, 2015, 02:28:33 PM
 #32

The best/safest way I found so far is being a liquidity provider on bitfinex, but you can't
eliminate 3rd party risk. If bitfinex goes under all your bitcoins are lost.

The only risk free method I know as of now is running a darkcoin masternode and I think bitshares/bitusd has
something like 3% yearly returns, but this are not strictly bitcoin related and you still have exchange risks.
One option which will work like darkcoin's masternode is joinmarket
but its still in the works and it might take a while till it goes live.

Generally speaking return on investment is dependant on the risk you're willing to take. So if you're going for low risk methods then the returns
will be as low. But if your bitcoins are just sitting there and you can find a zero risk method then any increase is good.

The best method of getting more bitcoins is just buying more. Find ways to make fiat money, which should be easier, and buy bitcoin.

woot?
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March 05, 2015, 03:31:42 PM
 #33

Scamming people out of their bitcoins seems pretty popular. Cheesy

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March 05, 2015, 03:43:51 PM
 #34

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?

After reading this, I'm begin to have bad thoughts on exchange sites.
I think they actually hacked. however, who would not be tempted if you already have a lot of BTC in their hands and looking for an excuse. should be careful from now Cheesy
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March 05, 2015, 04:08:46 PM
 #35

Earning bitcoin interest! Very safe return!
https://bitcointalk.org/index.php?topic=774359.0
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March 05, 2015, 04:20:55 PM
 #36

you're telling us that we should only provide safe investments , and then in your list is trading , do you realise this makes no sense at all?
with this market , you could lose 10% of your coins in a matter of seconds trying to do trading. so you cant consider this safe at all.
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March 05, 2015, 04:23:06 PM
 #37

Earning bitcoin interest! Very safe return!
https://bitcointalk.org/index.php?topic=774359.0
" very safe return " yea , let me just give all my bitcoins to some random chinese guy that lives in a country with scary laws.
yeah , why not lets do it here take my money.
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March 05, 2015, 04:23:52 PM
 #38

you can add "escrow service" with 1% maybe

also i would not consider trading, as there is risk involved, we are talking about safe rise of your income, otherwise there could be a total loss which is the opposite of growing you know
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March 05, 2015, 05:48:25 PM
Last edit: March 05, 2015, 06:37:17 PM by OpenOcean
 #39

Here is a way to grow your bitcoin (very slowly though).

Help people sign up for exchanges and take a small cut of their first ever purchase. In doing so you can help make the community larger as well as educate those people who you helped buy on how to spend/receive.
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March 05, 2015, 05:55:49 PM
 #40

Hi! Cheesy

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

My mothods is besides sig campaign, be freelancer, trading. And i will sell some stuff and be a merchant.
i still doubt to invest bitcoin on company, most all in the end is scam.


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