Topic: Methods of growing your Bitcoin? - page 251. (Read 453602 times)

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.

I was wrong again.

So it took 114 days (1/3 of a year!!) to get ROI and then you'll mine for free as long as the mining site will keep mining for you.
If the price will not decrease even more and if the difficulty doesn't get much bigger, it may be easy money.
Else the power will start to cost more than you get for each block. Also, halving will come at some point.

Too many IFs for a safe investment (though I stand corrected, GermanGiant was right ).

Cloud mining is too unpredictable. Why spend 1/3 of your year waiting for your money back when you can earn/lose it in a matter of minutes with Dice?

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.

I don't see a reliable method right now.
Casinos are always risky, and currently there are no trustworthy cloud mining systems around.

You can always invest your fiat and buy bitcoin later (though it might be more profitable to just buy btc and hold them).

Definitely a dice site IMO. Mining is very unpredictable and I see it becoming unprofitable in the near future.

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?

Thanks for the responses!

Would you rather:
a) Invest in a Dice website?
b) Mine with Hashnest?

www.cloudmining.website is giving ROI within 114 days and this is verified by a 3rd party website which tracks earning from almost all mining companies on earth.



Source: http://www.cmmonitor.com/24-cloudmining-website.html

Though, because of varying mining luck, I wont say it is the safest investment. But, it is a risk that worth to be taken...

Honestly there are a not of easy safe ways to grow your bitcoin. As others have said investing in a gambling site is good.

The first thing that comes to mind after reading your post is investing in dice sites. Basically what happens is that you provide the dice site with coins to add to the site's bankroll. The dice site has a house edge meaning that gamblers are slightly more likely to lose money than win it. In the long run, the site (and therefore you) should earn a profit. However, I wouldn't exactly call it safe. Plenty of dice sites have collapsed or turned out to be scams in the past and usually when that happens, all of your bitcoins disappear.

Dooglus has a dice site running and is a highly trusted member so he's unlikely to run away with your coins. That's no guarantee that the site won't be hacked or that someone with tons of bitcoins and lots of luck won't make a series of large bets that devastate the site's bankroll though. Unfortunately, the site uses an altcoin called CLAMs so you will need to obtain some before investing. If you had bitcoins, litecoins, or dogecoins in May 2014, then it's likely that you already have CLAMs. The process for digging them can be found here.

There are other dice sites too that accept investments, but most of them haven't been around long enough to be considered highly trustworthy yet.

EDIT: The site's name is Just-Dice. Probably should have mentioned that.

Another possible good investment could be to invest into "house" on casino/dice sites.

My personal experience was.. strange: I invested a small amount and after an hour or so I checked back and I was slowly losing money there. Then I did something I don't advice you to do: I did some gambling. I recovered my loses and made a small profit. Then I "ran" out from there.

I've seen reviews made by people with more patience (and money) than mine, so that could actually be a good investment, I don't know.
I thought it worth mentioning it here anyway.

I dont think that people are going to give away their ways of making money when it comes to this.

But lets hope that will happen.
People might have websites running where they invest money into advertisement to make even more money from traffic to ad revenue.

But lets see what others say.

Hi!

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