With bitcoin, you can earn great interest rates by "safely" loaning out your money on sites like BITFINEX, ICBIT, Playt.in, or really any borrower who you can trust. 
What are my guarantees?
Topic: $50k to Invest - Convince Me! - page 7. (Read 9104 times)
What are my guarantees?
"Rather than dig for gold, why not sell shovels"
With that much $$, why not invest in BTC tools of some kind, find companies you think are doing cool stuff and go with that.
With that much $$, why not invest in BTC tools of some kind, find companies you think are doing cool stuff and go with that.
I have just allocated some serious money and thinking about investing about $50k on bitcoin. Someone convince me why I should buy $50k worth of bitcoins right now!
If you are not sure buy 25k$ worth of bitcoins and use a very secured cold storage
Use the rest of it for an other investment like Gold or shares of natural ressources companies
I have just allocated some serious money and thinking about investing about $50k on bitcoin. Someone convince me why I should buy $50k worth of bitcoins right now!
If you need to be convinced, probably best not to do it.
Loaning it out is even riskier. If you don't have your private keys, you don't have the coins. If you do buy, don't leave the coins anywhere (eg avoid a Gox type situation) and use cold storage.
With bitcoin, you can earn great interest rates by "safely" loaning out your money on sites like BITFINEX, ICBIT, Playt.in, or really any borrower who you can trust.
What are my guarantees?
look at the graphs .. it looks like it might be heading back up now, so now would seem like the right time.
+1, I was estimating 2K at the end of August, however, not sure why the price started to go back again... With bitcoin, you can earn great interest rates by "safely" loaning out your money on sites like BITFINEX, ICBIT, Playt.in, or really any borrower who you can trust.
it's not particularly safe. i don't know about the latter two sites (they sound shady and i've never heard of them), but on bitfinex, i'd say the order book is extremely thin for the amount of leverage traders can/have taken out. they don't guarantee you that money, you know, in the case of margin calls that can't cover liquidity provided. they may pay out, they may not....
I think you need to do your own homework rather than asking to be convinced. Its a risky investment. It could continue to grow or it could drop to zero.
Do you have specific questions?
Do you have specific questions?
I think this is all you need to look at - and check out the second tab on the bottom as well.
https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1
https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1
With bitcoin, you can earn great interest rates by "safely" loaning out your money on sites like BITFINEX, ICBIT, Playt.in, or really any borrower who you can trust.
Well, depends what school of thought your looking at. Fundamental analysis? It's not very clear-cut -- quite different than stocks, etc. Technical analysis -- well, obviously there are many differing opinions from that perspective. A look at the long term log growth trend would indicate that it's certainly a good time to buy. But the question is, will that trend continue, and for how long? 
Personally, I'm a bull.... but I can't be irrational about it.
Personally, I'm a bull.... but I can't be irrational about it.
W/ all the investor money going into BTC peripheral companies, I'm way bullish on our crypto. Coinbase's latest deal where they allow merchants to be able to offer discounts to purchasers is great as it shows that using BTC gets you a better deal. The more this catches on will make average person want to use it more.
look at the graphs .. it looks like it might be heading back up now, so now would seem like the right time.
I have just allocated some serious money and thinking about investing about $50k on bitcoin. Someone convince me why I should buy $50k worth of bitcoins right now!
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