Author

Topic: question: how can i grow my bitcoins (Read 3400 times)

sr. member
Activity: 476
Merit: 250
September 04, 2014, 01:22:31 AM
#50
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

you can use https://bitcoin-scratchticket.com
and scratch few bitcoins there.
I would highly recommend against using gambling as a way to grow the amount of bitcoin you have. I do enjoy gambling every now and then, but I see it as more of a form of entertainment then an investment that would help me pay my bills.
legendary
Activity: 1582
Merit: 1064
September 03, 2014, 06:32:29 PM
#49
I would advise you to guard against sites which offer excessively high rates of interest. While trying to grow your bitcoins, you should make sure that you don't lose your principal.  Smiley
newbie
Activity: 42
Merit: 0
September 02, 2014, 11:16:57 PM
#48
If you know how to mine, then you should mine. But if you dont. Why dont you offer services for those who are willing to pay bitcoin? Like writing, logo making etc. Or you can accepts loans with interest too. And even gamble with it.
legendary
Activity: 2730
Merit: 1288
September 02, 2014, 01:34:26 PM
#47
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

you can use https://bitcoin-scratchticket.com
and scratch few bitcoins there.
legendary
Activity: 1199
Merit: 1047
September 02, 2014, 10:41:01 AM
#46
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

What about giving goods or services in exchange for them? Like you get any other kind of money. Or you can also invest, which is quite difficult in the bitcoin world, which is full of scammers.
newbie
Activity: 55
Merit: 0
August 29, 2014, 05:42:27 PM
#45
You have to be lucky enough to guess the right altcoin which will be pumped, not an easy job.
and then lucky enough to get rid of it before it is dumped - that is even more difficult
newbie
Activity: 28
Merit: 0
August 29, 2014, 12:36:51 PM
#44
You have to be lucky enough to guess the right altcoin which will be pumped, not an easy job.
sr. member
Activity: 322
Merit: 250
August 29, 2014, 12:02:52 PM
#43
BTC doesnt grow on threes, it grows on shitcoin pump and dumps, gambling and other luck related activities.
You can also work for fiat and buy more.
legendary
Activity: 2156
Merit: 1131
August 29, 2014, 10:35:26 AM
#42

also you need a lot of sun.
member
Activity: 64
Merit: 10
August 29, 2014, 09:55:32 AM
#41
Have you tried playing with the huntercoin wallet?
The value at the moment is very low but there are some great news coming for the future, you can sell them for bitcoins.
sr. member
Activity: 406
Merit: 250
August 29, 2014, 09:43:32 AM
#40
Gambling is good but you will either come out of that better off or worse off. If you are wanting to grow your bitcoins you need to be looking at a way to gain rather than it going both ways. Offering a service and being paid via bitcoin or even becoming a lender are ways you could consider to help to grow your bitcoins.
legendary
Activity: 2156
Merit: 1131
August 28, 2014, 10:00:28 AM
#39

You need a soil rich in nutriments, water and patience.
full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
August 28, 2014, 08:24:06 AM
#38
Since you take joy in gambling i suggest you look for gambling sites to enrich yourself.Good luck.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
August 28, 2014, 05:28:05 AM
#37
You can become a lender on http://btcjam.com. There is risk but all investments carry risk.
sr. member
Activity: 280
Merit: 250
August 28, 2014, 04:30:10 AM
#36
Maybe you can investing your bitcoin in PBmining.com or CEX.IO, that's an alternate investing that you can trust, but in investing we must prepare for that in investing sometimes up and sometimes down, hopefully you can grow your bitcoins as soon as possible ... 
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
July 24, 2014, 04:43:13 PM
#35
IPOs are fine as long as you're just throwing in pocket money. Anyone who put $20-50 into NEM can already realise $1000 plus and it hasn't even launched yet.

I definitely wouldn't be putting anything into much of the present breed that seems to have popped up. Their pricing assumes ludicrous market caps right from the offing.
legendary
Activity: 2492
Merit: 1018
July 24, 2014, 10:52:08 AM
#34
quit betting and perhaps provide services to gain bitcoins instead.
hero member
Activity: 602
Merit: 500
In math we trust.
July 24, 2014, 10:50:34 AM
#33
If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin

You used to be able to earn a good return at Just Dice but they have now shut. The only problem is trust, would I trust any of the other casino's to shut down and return all my BTC?

Recommendations and reasons why to trust another casino would be useful.
I used just-dice and I have to say that I lost roughly  0.01 btc cause of whale bets.
sr. member
Activity: 644
Merit: 260
July 24, 2014, 10:47:31 AM
#32
I think this 4 idea is good :
1. Cloud mining
2. Gambling / become the bankroll (choose a great gambling site)
3. Loan your BTC (be careful)
4. Sell your BTC when price is high

I think we all want to grow our bitcoins. You just have to find your tolerance for risk since there's no profit without taking risks. Question is how much risk for how much profit?

Bigger Risk, Bigger Proft
Small Risk, Small Profit
I'm only take small risk (cloud mining)

1 Cloud mining isn't profitable anymore, you have to be very lucky in order to have some ROI.
2 Gambling is the fastest way to lose all your bitcoins.
3 Loan is very risky, there are people who loans without collaterals, don't do it.
4 Just hold if you aren't an experienced trader.

legendary
Activity: 1218
Merit: 1007
July 24, 2014, 10:31:34 AM
#31

Never gamble.
Never invest in mining or cloud mining.
Never invest in any IPO.

Don't put too much money on online exchanges.

Buy XMR and NXT when their average price is low and HODL. In about one year you'll be rich.

Follow this man's advice!

Ad especially don't invest in IPOs, I really want to emphasize that. Things like Etherum or whatever aren't a good investment in my opinion, since a single Bitcoin is equal to 2,000 or them, or about 2mBTC/piece. That's $1.20/coin, and I'd be surprised if it can go up from there. However, I cannot believe it raised $3.3 million dollars...
sr. member
Activity: 255
Merit: 250
July 24, 2014, 06:23:57 AM
#30
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

Don't gamble and don't invest your bitcoin is the best way.
legendary
Activity: 2156
Merit: 1131
July 24, 2014, 05:01:12 AM
#29

Never gamble.
Never invest in mining or cloud mining.
Never invest in any IPO.

Don't put too much money on online exchanges.

Buy XMR and NXT when their average price is low and HODL. In about one year you'll be rich.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
July 24, 2014, 04:54:37 AM
#28
It's pretty hard to grow them when Just-Dice was around it was fairly safe to get a return on Bitcoins from gamblers
Till Nakowa comes along  Grin
Now I would say taking bets with small amounts and making predictions on outcomes seems easier than trading or gambling directly since the bitcoin stock market is annoying if you have some skill trading on exchanges with altcoins that also works, but stuff like guessing the DJIA or making your own bets if you can think of interesting ones seems to be the most stable.

___________Dow Jones Industrial Average July 2014
Options: 16500 and lower | 16501-16751 | 16752-17002 | 17003-17253 | 17254 +
sr. member
Activity: 252
Merit: 251
Knowledge its everything
July 24, 2014, 04:23:46 AM
#27
I think this 4 idea is good :
1. Cloud mining
2. Gambling / become the bankroll (choose a great gambling site)
3. Loan your BTC (be careful)
4. Sell your BTC when price is high

I think we all want to grow our bitcoins. You just have to find your tolerance for risk since there's no profit without taking risks. Question is how much risk for how much profit?

Bigger Risk, Bigger Proft
Small Risk, Small Profit
I'm only take small risk (cloud mining)
sr. member
Activity: 350
Merit: 250
'Slow and steady wins the race'
July 22, 2014, 02:25:32 PM
#26
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.

Having a bitcoin bank kind of defeat the purpose of peer to peer currency.
I would disagree as banks provide services to it's customer, such as keeping customer funds safe from theft.
legendary
Activity: 1218
Merit: 1007
July 22, 2014, 12:00:16 PM
#25
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.

Having a bitcoin bank kind of defeat the purpose of peer to peer currency.


Not necessarily.

All it has to do is offer loans, pay interest, and be a safe-keeping for those who think that they don't have the security in order to hold larger amount of Bitcoin, or any at all. It could also be a good way to make money of loans, if it offers an insured program, so that you could make money off of loaning your coins out, with minimal risk.

People could still keep the P2P aspect, it's just banks could help the population adopt it, and then the masses can move their focus away from the bank and to their own wallets, etc.
full member
Activity: 231
Merit: 100
July 22, 2014, 11:05:01 AM
#24
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.

Having a bitcoin bank kind of defeat the purpose of peer to peer currency.

newbie
Activity: 24
Merit: 0
July 22, 2014, 09:44:28 AM
#23
I think we all want to grow our bitcoins. You just have to find your tolerance for risk since there's no profit without taking risks. Question is how much risk for how much profit?
sr. member
Activity: 644
Merit: 260
July 22, 2014, 07:35:18 AM
#22
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

If you are trying to use the bitcoin that you currently have to grow it, it is actually hard and the chances of losing it is higher. Advice you to use other method like faucets and referral.

With faucets you can only earn some btc dust, the gain is really low but with referrals is a bit more easy if you have a blog with some decent traffic.
If you want to risk a small part of your initial capital you could buy some promising altcoins or you can try with the most trusted ones.
sr. member
Activity: 434
Merit: 250
July 22, 2014, 06:36:40 AM
#21
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com

If you are trying to use the bitcoin that you currently have to grow it, it is actually hard and the chances of losing it is higher. Advice you to use other method like faucets and referral.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
July 22, 2014, 06:14:44 AM
#20
try freebtcio, maybe you win the big price
hero member
Activity: 812
Merit: 1000
July 22, 2014, 01:56:36 AM
#19
Saving fiat and buying BTc regularly seems a more promising long term strategy

This is absolutely the best advice, don't lend without collateral, don't invest in ponzi schemes, don't do anything, unless you're absolutely sure of your returns. And buying and hodling is the best thing you can do right now.
sr. member
Activity: 448
Merit: 250
July 22, 2014, 01:37:06 AM
#18
nothing is risk-free -- lending, for instance. you could also lend for margin traders on Bitfinex, but interest pay is pretty low. you could try your hand at altcoin speculation.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
July 22, 2014, 12:42:18 AM
#17
I'd just buy them and hang on to them to be honest.

Speaking from experience, I made about 200% investing and trading in cryptocoins, and lost about 300% and the end of the day, investing and trading in cryptocoins, and being scammed, by theives such as Ukyo Jon Montroll, or super late companies selling pre-order asics, like Avalon.

I would not loan BTC, that seems like far too risky. Really I'd just recommend buying BTC and holding. Mining is not really even profitable anymore IMHO.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
July 21, 2014, 10:34:40 PM
#16
be a lender at btcjam.com but be careful of scammers
sr. member
Activity: 266
Merit: 250
July 21, 2014, 10:32:40 PM
#15
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.
It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius...

It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too.
The problem with bitcoin related banks lending bitcoins to people is that it is very difficult/impossible to seize a person's bitcoins in the event that the bank receives a judgement on a defaulted loan. With fiat banks, the bank can use the courts to seize a deadbeat debtor's assets, but this would not be possible with bitcoin.

I would say that best bet would be a bankroll for a casino.
newbie
Activity: 55
Merit: 0
July 21, 2014, 01:37:54 PM
#14
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.
It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius...

It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too.
completely agree it should be different from the banks of today
legendary
Activity: 1218
Merit: 1007
July 21, 2014, 12:51:33 PM
#13
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.
It wouldn't be a bad idea for a Bitcoin bank, unless it acts LIKE A BANK and NOT a central bank. I won't support any bank that even tries to do that. I also don't want any bank that will fractionally lend, otherwise stuff could go wrong for it pretty quickly. Now, if they do it right however, it would be genius...

It depends. I wouldn't mind there being a bank, but it depends what they do. I don't want the current economic fiasco going on in Bitcoin too.
legendary
Activity: 1358
Merit: 1000
July 21, 2014, 12:34:44 PM
#12
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Wait till a bitcoin bank (with insured deposits) opens.
At the rate at which bitcoin is progressing, it won't be long.
sr. member
Activity: 406
Merit: 250
July 21, 2014, 11:26:58 AM
#11
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.

Agreed. Dooglus was the reason JD was such a good investment for many people. Stunna could do a similar thing with PrimeDice but has said he has no interest in doing something like that. Until someone with that much trust opens a site up I would avoid casino investing.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
July 21, 2014, 11:06:23 AM
#10
At this stage of the game I don't think there's any option without unacceptable levels of risk. Be happy with what you have and look into it again a few years down the line.
full member
Activity: 231
Merit: 100
July 21, 2014, 10:46:10 AM
#9
If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin

Which casino still let people invest in their bankroll?
legendary
Activity: 1904
Merit: 1074
July 21, 2014, 08:05:21 AM
#8
There are loads of small projects, you could invest in. Just keep your ear to the ground and use common sense. If the projects are already making profit, you could consider investing more.

The loan option carry loads of risk, so you might even loose more than you gained in the long run. {1 or 2 non-payments, may digest all profits from paying loans}

Crowd funding promotes the decentralization concept, so you might consider those, as a good opportunity.  Grin
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
July 21, 2014, 06:09:26 AM
#7
You wont get much increase in value and still host them somewhere els, we all know how has ended for some.
hero member
Activity: 938
Merit: 501
July 21, 2014, 05:49:55 AM
#6
Saving fiat and buying BTc regularly seems a more promising long term strategy
member
Activity: 114
Merit: 10
July 21, 2014, 03:37:15 AM
#5
If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin

You used to be able to earn a good return at Just Dice but they have now shut. The only problem is trust, would I trust any of the other casino's to shut down and return all my BTC?

Recommendations and reasons why to trust another casino would be useful.
full member
Activity: 346
Merit: 102
July 21, 2014, 12:38:22 AM
#4
If you can find a reputable casino to invest in their bankroll then you can likely earn a pretty decent return on your bitcoin
newbie
Activity: 12
Merit: 0
July 20, 2014, 05:48:59 PM
#3
You could always loan them out, with decent interest rates. Just make sure you don't get scammed, that would be a bad thing.

I like the bitbond idea, even considering using it myself. If you can get a reliable resource to lend it out with no risk to you, good! Making sure you can keep your bitcoins is worth the interest cut.
full member
Activity: 224
Merit: 100
July 20, 2014, 05:15:55 PM
#2
Did you try planting a bitcoin seed? JK bitlendingclub and bitbond are the other two I think.
member
Activity: 85
Merit: 10
July 20, 2014, 05:14:01 PM
#1
I want to grow my bitcoins not by dollar value but amount I have, i've gambled a lot then sold my bitcoins at a higher dollar value but that doesn't work after awhile I used btcjam but I'm not really trusting of the people on there is there another trusted site other then btcjam.com
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