What if something bad happens and I need the money before we reach moon?
cuts like a knife...
Topic: borrow money from teh bank.. then inject it straight to BTC. (Read 3505 times)
cuts like a knife...
going from one centralized money printing scheme to the next??
Carry trades are actually fairly common. You borrow currency that has a lower APR minus inflation, then change it to a currency that has a higher rate on investment minus its inflation. Just make sure you have enough USD to cover the monthly payments for the next 5 years and you should be fine.
I am not sure how you intent to borrow money from the bank without some collateral? Getting the loan from bank is not a easy thing, in most of the world
good situation. but you dont need much, if anything, for some basic consumption loan.
then youll be tempted to gamble and lose it all.
I am not sure how you intent to borrow money from the bank without some collateral? Getting the loan from bank is not a easy thing, in most of the world
this is how you do it. 
And when the interest rate go up, then bitcoin price will drop like every other assets out there.
low fixed interest rate
very funny tho for a guy named arbitrage.
ps: bitcoin do the opposite of dollar, which is now rising.. but thats good enough.
this is how you do it.
And when the interest rate go up, then bitcoin price will drop like every other assets out there.
borrow money from teh bank.. then inject it straight to BTC.
this is how you do it.
this is how you do it.
you did it?
yup
Good that you did not borrow BTCs and then sold them and put that money in bank.
Not very educated in understanding what communism exactly stands for, are we?
That was hyperbole. Let's break this down.Investment into BTC's unit price, means investment into new coin creation, which in turn means investment into mining.
There are half as many new bitcoins created per block every 4 years. That is to create artificial and predictable scarcity. Basically, everything is known in order to decide to mine bitcoins. Miners have to decide if it is a business they want to get into, not bitcoin buyers. Everything else right now is speculation until adoption increases.To pay those who waste their money in building and buying the mining equipment, that doesn't improve anything in bitcoin's network or anywhere else. Investing into bitcoin means rewarding useless work. So, bitcoin can be taken as an investment, but it surely is a dumb investment.
It's smarter to look at BTC as an short term gamble, where you put some money in, outplay some other players and take more money out.
Life is a gamble, but you take educated risks. If you decide to take a chance on Bitcoin, remember that once you sell, you are out. When the next bubble comes, your orders may not be filled because the exchanges are unregulated.
borrow money from teh bank.. then inject it straight to BTC.
this is how you do it.
this is how you do it.
you did it?
yup
borrow money from teh bank.. then inject it straight to BTC.
this is how you do it.
this is how you do it.
you did it?
...
bitcoin is no gamble. it is a disruptive technology with massive infrastructures being developed to support it..
dont you think VC et al dont borrow even a tiny portion to invest in all the crypto start ups?
...
bitcoin is no gamble. it is a disruptive technology with massive infrastructures being developed to support it..
dont you think VC et al dont borrow even a tiny portion to invest in all the crypto start ups?
...
Ahh... If you were my kid, hdbuck, I'd be concerned. Luckily, you're someone else's problem.
...
bitcoin is no gamble. it is a disruptive technology with massive infrastructures being developed to support it..
dont you think VC et al dont borrow even a tiny portion to invest in all the crypto start ups?
...
bitcoin is no gamble. it is a disruptive technology with massive infrastructures being developed to support it..
dont you think VC et al dont borrow even a tiny portion to invest in all the crypto start ups?
...
Ahh... If you were my kid, hdbuck, I'd be concerned. Luckily, you're someone else's problem.
The soulless hyenas of the bitcoin community are getting extremely desperate and are actually recommending people to borrow money.
People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
Like nobody ever took out a loan to invest in anything before. Are you a communist?People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
Not very educated in understanding what communism exactly stands for, are we?
Investment into BTC's unit price, means investment into new coin creation, which in turn means investment into mining. To pay those who waste their money in building and buying the mining equipment, that doesn't improve anything in bitcoin's network or anywhere else. Investing into bitcoin means rewarding useless work. So, bitcoin can be taken as an investment, but it surely is a dumb investment.
It's smarter to look at BTC as an short term gamble, where you put some money in, outplay some other players and take more money out.
The soulless hyenas of the bitcoin community are getting extremely desperate and are actually recommending people to borrow money.
People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
Like nobody ever took out a loan to invest in anything before. Are you a communist?People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
What has investing to do with bitcoin? Someone who borrows to buy bitcoin has a gambling problem.
People borrow to invest in property, stock and whatever, so thats gambling?
Property and stock have some utility in real world. Investing it bitcoin is just gambling hoping to get rich at the expense of others.
bitcoin is no gamble. it is a disruptive technology with massive infrastructures being developed to support it..
dont you think VC et al dont borrow even a tiny portion to invest in all the crypto start ups?
+it is not at the expense of others.. just the bank. hence, makes perfect sens.
The soulless hyenas of the bitcoin community are getting extremely desperate and are actually recommending people to borrow money.
People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
Like nobody ever took out a loan to invest in anything before. Are you a communist?People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
What has investing to do with bitcoin? Someone who borrows to buy bitcoin has a gambling problem.
People borrow to invest in property, stock and whatever, so thats gambling?
Property and stock have some utility in real world. Investing it bitcoin is just gambling hoping to get rich at the expense of others.
The soulless hyenas of the bitcoin community are getting extremely desperate and are actually recommending people to borrow money.
People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
Like nobody ever took out a loan to invest in anything before. Are you a communist?People should take loans, so they would channel it to the pockets of others, by making their coins worth more.
Disgusting..
What has investing to do with bitcoin? Someone who borrows to buy bitcoin has a gambling problem.
People borrow to invest in property, stock and whatever, so thats gambling?
It's just an LBO somehow.
Very common.
Very common.
Jump to: