Topic: [Updated] Choices for earning BTC interest - page 5. (Read 19537 times)
So is it advisable if I invest my coins to a bitcoin betting site?
I'd rather just hold my coins..n gamble a bit with em'! informative post anyways!
Many have pointed out that the interest is too high to be true.
Personally I don't think that's ridiculously high.
You get 0.025% daily * 365 = 9.125% yearly. That's about 11 BTC generates 1 BTC/year.
For comparison, in China the typical interest of Internet P2P borrowing/lending is 8%~18% yearly.
Personally I don't think that's ridiculously high.
You get 0.025% daily * 365 = 9.125% yearly. That's about 11 BTC generates 1 BTC/year.
For comparison, in China the typical interest of Internet P2P borrowing/lending is 8%~18% yearly.
Surprised that nobody mentioned this article:
http://www.coindesk.com/coinarch-brings-investment-banking-products-bitcoin/
http://www.coindesk.com/coinarch-brings-investment-banking-products-bitcoin/
1.1 to 1.5 percent per month is quite attractive.
However that still quite a risk to take to trust anyone with your btc
However that still quite a risk to take to trust anyone with your btc
A steady 1% every month? Sounds a little like Madoff... As good as that sounds, I'd rather not do something like that.
Its funny see this kind of ponzi...
At last, the only winner its the owner.
At last, the only winner its the owner.
1.1 to 1.5 percent per month is quite attractive.
However that still quite a risk to take to trust anyone with your btc
However that still quite a risk to take to trust anyone with your btc
A steady 1% every month? Sounds a little like Madoff... As good as that sounds, I'd rather not do something like that.
I hope it was that high. But it is ~0.75% per month.
1.1 to 1.5 percent per month is quite attractive.
However that still quite a risk to take to trust anyone with your btc
However that still quite a risk to take to trust anyone with your btc
A steady 1% every month? Sounds a little like Madoff... As good as that sounds, I'd rather not do something like that.
1.1 to 1.5 percent per month is quite attractive.
However that still quite a risk to take to trust anyone with your btc
However that still quite a risk to take to trust anyone with your btc
You can earn interest on bitBTC which follows the price of bitcoin. It's one of Bitshares-X's bitassets, and for some reason they call it 'yield' instead of interest. It comes from various transaction fees.
Perhaps. But you also expose your stash to a potential hundred percent loss.
If someone else maintains the private key to 'your' Bitcoins, your claim on those Bitcoin is revocable.
You can earn interest on bitBTC which follows the price of bitcoin. It's one of Bitshares-X's bitassets, and for some reason they call it 'yield' instead of interest. It comes from various transaction fees.
So, anyone figure out how to earn BTC interest from a reputable source?
Well, this is soo dangerous. If you really want to lend some money and are willing to take a huge risk, you could try lending your FIAT money on Bitfinex. People will lend from you in order to trade with leverage, and the system is supposed to make sure you get you money back, because if their investment is about to fail, it sells the Bitcoins at a certain cutoff point. Every other interest paying service is most likely a Ponzi scheme in my eyes!!!
Investing in BTC is also a big risk, or even a gamble, isn't it?Everything that has to do with cryptocurrencies is a huge gamble because we are still so early within the game.
Maybe it's about time to consider changing to staking where you can get interest for your holding. Seriously with the stash I'm hoarding right now basically can't do anything except sell at a loss. But that also won't convince me to entrust the stash to someone and earn interest.
Well, this is soo dangerous. If you really want to lend some money and are willing to take a huge risk, you could try lending your FIAT money on Bitfinex. People will lend from you in order to trade with leverage, and the system is supposed to make sure you get you money back, because if their investment is about to fail, it sells the Bitcoins at a certain cutoff point. Every other interest paying service is most likely a Ponzi scheme in my eyes!!!
Investing in BTC is also a big risk, or even a gamble, isn't it?
Well, this is soo dangerous. If you really want to lend some money and are willing to take a huge risk, you could try lending your FIAT money on Bitfinex. People will lend from you in order to trade with leverage, and the system is supposed to make sure you get you money back, because if their investment is about to fail, it sells the Bitcoins at a certain cutoff point. Every other interest paying service is most likely a Ponzi scheme in my eyes!!!
Most exchanges have proven their reserves.
Which exchanges are among these 'most', and in what manner have the proven their reserves?
I read in the news that most top exchanges from china have proven 100%
For example.
http://coinbrief.net/bitcoin-exchange-okcoin-full-reserves/
This is all scams one way or another, don't trust ur bitcoins with funds/loans/contracts etc.
My advice.
My advice.
1) go back in time
2) invest/mine btc
3) buy houses and rent them
4) create business and pay your workers a missery
5) you are now part of the 1% living the life doing shit nothing
2) invest/mine btc
3) buy houses and rent them
4) create business and pay your workers a missery
5) you are now part of the 1% living the life doing shit nothing
How to go back in time?
Most exchanges have proven their reserves.
Which exchanges are among these 'most', and in what manner have the proven their reserves?
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