Bitcoin Interest Rate | Bitcointalksearch.org

Tammy Chan

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Quote from: ajareselde on June 27, 2014, 04:32:23 PM

i wouldnt trust anyone giving more than 10% interest/year.
there is just too much bad history, remember the pirate ?

Well, the JD case is not really interest but investment returns.
And doog has proved his trustworthiness before and once again after JD stopped all betting a few days ago.

But, I do agree that many of the "investment programs" have turned out to be scams, such as Pirateat40 and TF...

CAPTcoin

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Some sites pay interest, like mcxnow.

But it's safer to keep your coins yourself, otherwise there's a risk.

You need to control the private keys.

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: Nathan101 on June 28, 2014, 04:28:03 AM

Quote from: qsrab on November 27, 2013, 11:34:43 PM

Quote from: Minecache on November 27, 2013, 11:25:09 PM

If I deposit some Bitcoins with a trader like Kraken shouldn't I be earning interest on my bits?

Banks pay interest because they lend your deposit to people at a higher rate. It also protects you against inflation.
Bitcoins are more like gold. Interest isn't paid when you store your gold somewhere. both gold and bitcoins are hard to lend. Bitcoins even have deflation.

I agree with you. I haven't found any site which is providing such kind of interest for the deposit of BTC.

Unless you want the site to operate on a frictional reserve system and lend out your coins you are not going to earn interest on them

Nathan101

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Quote from: qsrab on November 27, 2013, 11:34:43 PM

Quote from: Minecache on November 27, 2013, 11:25:09 PM

If I deposit some Bitcoins with a trader like Kraken shouldn't I be earning interest on my bits?

Banks pay interest because they lend your deposit to people at a higher rate. It also protects you against inflation.
Bitcoins are more like gold. Interest isn't paid when you store your gold somewhere. both gold and bitcoins are hard to lend. Bitcoins even have deflation.

I agree with you. I haven't found any site which is providing such kind of interest for the deposit of BTC.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: Tammy Chan on June 27, 2014, 01:14:13 PM

Quote from: unpure on June 27, 2014, 01:02:41 PM

Just dice used to pay around 30% rate on bitcoin as an investment.

That's the average return rate, but too bad the opportunity is gone now. Sad

Quote from: dooglus on June 23, 2014, 01:55:58 AM

Our recent weekly returns have been:

Mar 3 2014 -0.71%
Mar 10 2014 -0.14%
Mar 17 2014 0.41%
Mar 24 2014 0.80%
Mar 31 2014 0.79%
Apr 7 2014 1.35%
Apr 14 2014 0.90%
Apr 21 2014 1.01%
Apr 28 2014 0.85%
May 5 2014 0.56%
May 12 2014 0.32%
May 19 2014 1.05%
May 26 2014 0.35%
Jun 2 2014 0.22%
Jun 9 2014 2.06%
Jun 16 2014 0.22%
Jun 23 2014 0.83%

That's an average (adding them up and dividing by 17) of 0.64% per week or (multiplying by 52) 33.25% per year.

i wouldnt trust anyone giving more than 10% interest/year.
there is just too much bad history, remember the pirate ?

Tammy Chan

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Activity: 820

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Quote from: unpure on June 27, 2014, 01:02:41 PM

Just dice used to pay around 30% rate on bitcoin as an investment.

That's the average return rate, but too bad the opportunity is gone now. Sad

Quote from: dooglus on June 23, 2014, 01:55:58 AM

Our recent weekly returns have been:

Mar 3 2014 -0.71%
Mar 10 2014 -0.14%
Mar 17 2014 0.41%
Mar 24 2014 0.80%
Mar 31 2014 0.79%
Apr 7 2014 1.35%
Apr 14 2014 0.90%
Apr 21 2014 1.01%
Apr 28 2014 0.85%
May 5 2014 0.56%
May 12 2014 0.32%
May 19 2014 1.05%
May 26 2014 0.35%
Jun 2 2014 0.22%
Jun 9 2014 2.06%
Jun 16 2014 0.22%
Jun 23 2014 0.83%

That's an average (adding them up and dividing by 17) of 0.64% per week or (multiplying by 52) 33.25% per year.

unpure

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Just dice used to pay around 30% rate on bitcoin as an investment.

Tammy Chan

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Merit: 1000

Quote from: polynesia on June 27, 2014, 11:18:11 AM

Quote from: davidgdg on June 27, 2014, 04:40:25 AM

You can earn interest on BTC deposits through Bitfinex. The funds are loaned to traders taking a short position. The risk you take is the solvency of Bitfinex. The rates are very low. About 1.5% p.a. But in a way, that is quite reassuring.

Nice to know that there are people taking short positions as well. Grin

IMO, the margin trading is the main selling point of bitfinex. https://www.bitfinex.com/pages/howitworks#margin-trading

polynesia

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Quote from: davidgdg on June 27, 2014, 04:40:25 AM

You can earn interest on BTC deposits through Bitfinex. The funds are loaned to traders taking a short position. The risk you take is the solvency of Bitfinex. The rates are very low. About 1.5% p.a. But in a way, that is quite reassuring.

Nice to know that there are people taking short positions as well. Grin

davidgdg

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You can earn interest on BTC deposits through Bitfinex. The funds are loaned to traders taking a short position. The risk you take is the solvency of Bitfinex. The rates are very low. About 1.5% p.a. But in a way, that is quite reassuring.

Harley997

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Quote from: Shogen on June 19, 2014, 10:48:49 PM

Quote from: Harley997 on June 10, 2014, 12:39:18 PM

Quote from: Loophole on June 10, 2014, 09:21:57 AM

If you want to earn some interest with your bitcoin, you could lend it out to others https://bitcointalk.org/index.php?board=65.0.
The risk should be pretty low, if you only do so with collateral.

The price of altcoins can be much more volatile then the price of BTC. There would still be the possibility that the borrower defaults and the price of your collateral crashes.

You also have the risk that the person handling your escrow scams you, even if this risk is low, it would dramatically impact your returns.

People lending out btc is usually looking for 110%-120% LTC collateral, and the loan is usually a short-term one.
Of course, there are some risk, but you are rewarded with interests.

LTC is usually generally safe collateral but any other alt has a very good chance that there would be a loss in the event of a default

Shogen

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Quote from: Harley997 on June 10, 2014, 12:39:18 PM

Quote from: Loophole on June 10, 2014, 09:21:57 AM

If you want to earn some interest with your bitcoin, you could lend it out to others https://bitcointalk.org/index.php?board=65.0.
The risk should be pretty low, if you only do so with collateral.

The price of altcoins can be much more volatile then the price of BTC. There would still be the possibility that the borrower defaults and the price of your collateral crashes.

You also have the risk that the person handling your escrow scams you, even if this risk is low, it would dramatically impact your returns.

People lending out btc is usually looking for 110%-120% LTC collateral, and the loan is usually a short-term one.
Of course, there are some risk, but you are rewarded with interests.

Shogen

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Quote from: Kprawn on June 19, 2014, 07:56:53 AM

Just invest your money long term in Bitcoins, and get massive returns in 3 to 5 years from now... "If you look at the graphs, of the price of bitcoins, from 2009 until now, you would see a lot of fluctuation, but it's still a lot higher, than it was in 2009"

That's true. You should consider bitcoin a long-tern investment, and you don't need to get excited or worried for the daily ups and downs.

ShakyhandsBTCer

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Activity: 448

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: cech4204a on June 19, 2014, 01:11:07 AM

Well you didn't get that well. BTC is not paying interests, since you don't lend them to anyone. But you can make money like this way:

1 buy btc at 500$
2 sell btc at 600$
3 buy btc at 550$
4 sell btc at 650$

or any other way that you make more than you paid for it.

It can be very difficult to accurately predict the highs and lows of any market, let alone the bitcoin market

Kprawn

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If you bought Bitcoins in 2009 and you sold it now, you would have made better interest, than ANY bank would have given you, on your money, over the same period.

Banks do not loan money, that you deposit, these days, they pay themselves and Sport sponsors and security services, and then loan from reserve banks, who print more money than they have, and then loan you money, at incredibly high interest rates, until you cannot pay your loans, and then they sell your house and get back some of the money, and the rest of the debt, are sold to "bonebreakers" at a profit, to gather profit from that... rant rant rant. Grin

Just invest your money long term in Bitcoins, and get massive returns in 3 to 5 years from now... "If you look at the graphs, of the price of bitcoins, from 2009 until now, you would see a lot of fluctuation, but it's still a lot higher, than it was in 2009"

KimNam

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Merit: 500

i prefer save my bitcoin in my local wallet instead store it to exchanger/bank/anywhere who offer us interest Grin

Quote from: cech4204a on June 19, 2014, 01:11:07 AM

Well you didn't get that well. BTC is not paying interests, since you don't lend them to anyone. But you can make money like this way:

1 buy btc at 500$
2 sell btc at 600$
3 buy btc at 550$
4 sell btc at 650$

or any other way that you make more than you paid for it.

yeah trading is good way to make more BTC...
... if you buy and sell at right time.

cech4204a

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Activity: 252

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12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw

Well you didn't get that well. BTC is not paying interests, since you don't lend them to anyone. But you can make money like this way:

1 buy btc at 500$
2 sell btc at 600$
3 buy btc at 550$
4 sell btc at 650$

or any other way that you make more than you paid for it.

ShakyhandsBTCer

sr. member

Activity: 448

Merit: 250

It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: Harley997 on June 10, 2014, 12:39:18 PM

Quote from: Loophole on June 10, 2014, 09:21:57 AM

If you want to earn some interest with your bitcoin, you could lend it out to others https://bitcointalk.org/index.php?board=65.0.
The risk should be pretty low, if you only do so with collateral.

The price of altcoins can be much more volatile then the price of BTC. There would still be the possibility that the borrower defaults and the price of your collateral crashes.

You also have the risk that the person handling your escrow scams you, even if this risk is low, it would dramatically impact your returns.

Lending BTC can be risky but the interest rate you earn is significant

Harley997

sr. member

Activity: 266

Merit: 250

Quote from: Loophole on June 10, 2014, 09:21:57 AM

If you want to earn some interest with your bitcoin, you could lend it out to others https://bitcointalk.org/index.php?board=65.0.
The risk should be pretty low, if you only do so with collateral.

The price of altcoins can be much more volatile then the price of BTC. There would still be the possibility that the borrower defaults and the price of your collateral crashes.

You also have the risk that the person handling your escrow scams you, even if this risk is low, it would dramatically impact your returns.

Loophole

hero member

Activity: 619

Merit: 500

If you want to earn some interest with your bitcoin, you could lend it out to others https://bitcointalk.org/index.php?board=65.0.
The risk should be pretty low, if you only do so with collateral.

Topic: Bitcoin Interest Rate (Read 5821 times)