Advice business investment paying bitcoin

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: RJX on April 25, 2017, 02:20:30 PM

Quote from: buygeeks on April 24, 2017, 04:50:51 PM

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

B

Public ledger holds all receipts.

blockchain.com

Or I misunderstand your question.

yes that is the same thing I want to tell op "public ledger holds all receipts". So for any transactions you have or investment you want to make and you need receipt just used the receipt or proof of payment from public ledger were every one can verify your payment or investment.

mrcash02

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CryptoTalk.Org - Get Paid for every Post!

As was said, you can buy Bitcoins and just hold it, you will see your money growing on medium-long term.

Or you can invest at casino bankrolls. You have $15.000, so it's better to split this amount among few good casino sites (maybe 5). Or you can invest half of that amount and hold the rest. Good luck with your investment, if you do it safely I can say the risks are very low.

Mike Mayor

hero member

Activity: 966

Merit: 535

Quote from: earningtrend on April 26, 2017, 04:03:04 AM

Invest in purchasing antminer s9 they will generate profit for you with doing nothing setup your miner farm calculate your depreciation and profit then re invest to purchase another miner

It's not that easy there other overheads. Electricity costs and cost to replace a miner that fails. You need an area to set it up and keep it cool and running well. Then the time it takes to get the miner to your house is costing you for everyday you wait. You can also use your miner to heat up a cold room if you from s cold country. In that way you can get more out of it and squeeze extra profits you save bit using a heater. It's a great idea.

earningtrend

newbie

Activity: 41

Merit: 0

Invest in purchasing antminer s9 they will generate profit for you with doing nothing setup your miner farm calculate your depreciation and profit then re invest to purchase another miner

pooya87

legendary

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Merit: 10611

there is no smart contracts in bitcoin, not yet anyways but they are coming soon. for your investment you need a regular contract if that is a real business that you know and know their location. 15K is big enough for you to demand a decent contract. and from this point on there is nothing bitcoin related but you need to consult a lawyer or professional for the contract.

pixie85

hero member

Activity: 2170

Merit: 528

Quote from: buygeeks on April 24, 2017, 04:50:51 PM

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

Bitcoin is lacking smart contracts, which means you can't force the other side to make payment or deliver the service. Once you send money it's over for you, you can only wait for them to fulfil their part of the deal. Did you consider escrow? You send money to a trusted third party, accepted by the contractor, that will keep it safe until your the contractor delivers. You could also agree to divide the money into a number of smaller payments released over time.

I agree that if you're sending first without any escrow or collateral the risk is big.

kolloh

legendary

Activity: 1736

Merit: 1023

Quote from: buygeeks on April 24, 2017, 04:50:51 PM

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

The blockchain holds a record of all payments so you will have evidence that you sent the coins to the other party.

However, you have no guarantee that the other party will hold up their end of the deal. I'm not sure what type of "investment" you are planning on doing but I would be careful and make sure you do your research to avoid getting scammed.

RJX

legendary

Activity: 1078

Merit: 1003

Quote from: buygeeks on April 24, 2017, 04:50:51 PM

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

Public ledger holds all receipts.

blockchain.com

Or I misunderstand your question.

onemanatatime

full member

Activity: 294

Merit: 101

Aluna.Social

Is that 15K bitcoins, or 15k USD worth of Bitcoin? Huge difference..

Question sounds kind of trolly tho..

odolvlobo

legendary

Activity: 4438

Merit: 3387

Perhaps something in contract saying that the receipt of NNN bitcoins at address 1XXX indicates a completed payment. Then once you have sent the bitcoins, if there is any dispute about payment, you can prove payment by referring to the transaction in the block chain.

IANAL

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: buygeeks on April 24, 2017, 04:50:51 PM

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

Im not an expert in crazy financial instruments like smart or stupid contracts.
Just buy bitcoins for 15 K and invest it in whatever you want. Simplier? Yeah Tongue

Bitcoin doesn't have smart contracts from what i know.

buygeeks

newbie

Activity: 2

Merit: 0

I'm currently considering making a investment that requires bitcoin as payment of around 15K and looking for any advice.
I've tried searching search engines with no success.
Anyone know if there are smart contracts or any type of receipt or anything else I should request or anything else to cover my investment?
Or, no luck and it's a big risk.
Any advice would be much appreciated

Topic: Advice business investment paying bitcoin (Read 896 times)