Topic: [Updated] Choices for earning BTC interest - page 7. (Read 19537 times)
Interest on bitcoins? You know that they are under no obligation whatsoever to pay you anything, right?
Provide a bankroll for All-Dice, people are waiting to bet
Still not convinced, but still want to find a way to create money with 0 effort like rich cunts do. Any ideas?
Free BTC 4 every1 !!!!Free BTC 4 every1 !!!!Free BTC 4 every1 !!!! 
As much as this does seem like a good idea I always have my doubts about anything like this and would rather hold the bitcoins myself rather than attempt to do anything like this and end up more than likely being scammed.
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Chinese exchanges income
Fiat withdraw fee: ~0.4%
Venture capital by big investers: ~10 million for exchanges like Huobi/Okcoin/BTC China
Fee for futures trading using leverage
Fee for borrowing BTC, this is generally where the interest of deposited coins is from
And others like Ads
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Chinese exchanges income
Fiat withdraw fee: ~0.4%
Venture capital by big investers: ~10 million for exchanges like Huobi/Okcoin/BTC China
Fee for futures trading using leverage
Fee for borrowing BTC, this is generally where the interest of deposited coins is from
And others like Ads
For the interest, their customers will not necessarily borrow all of the money that is available but interest will be paid on all bitcoin deposited so they would be at a disadvantage from the start with this.
Even if they have money from VC, this does not mean they have money to burn. The VC investors will likely expect them to be profitable so they can ROI on their investment
I don't think top Chinese exchanges are just scams. If they need to rely on taking money from customer deposits to pay for their own expenses, how do exchanges like BTCChina that does not offer bank deposit services survive and thrive?
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Chinese exchanges income
Fiat withdraw fee: ~0.4%
Venture capital by big investers: ~10 million for exchanges like Huobi/Okcoin/BTC China
Fee for futures trading using leverage
Fee for borrowing BTC, this is generally where the interest of deposited coins is from
And others like Ads
For the interest, their customers will not necessarily borrow all of the money that is available but interest will be paid on all bitcoin deposited so they would be at a disadvantage from the start with this.
Even if they have money from VC, this does not mean they have money to burn. The VC investors will likely expect them to be profitable so they can ROI on their investment
I don't think top Chinese exchanges are just scams. If they need to rely on taking money from customer deposits to pay for their own expenses, how do exchanges like BTCChina that does not offer bank deposit services survive and thrive?
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Chinese exchanges income
Fiat withdraw fee: ~0.4%
Venture capital by big investers: ~10 million for exchanges like Huobi/Okcoin/BTC China
Fee for futures trading using leverage
Fee for borrowing BTC, this is generally where the interest of deposited coins is from
And others like Ads
For the interest, their customers will not necessarily borrow all of the money that is available but interest will be paid on all bitcoin deposited so they would be at a disadvantage from the start with this.
Even if they have money from VC, this does not mean they have money to burn. The VC investors will likely expect them to be profitable so they can ROI on their investment
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Chinese exchanges income
Fiat withdraw fee: ~0.4%
Venture capital by big investers: ~10 million for exchanges like Huobi/Okcoin/BTC China
Fee for futures trading using leverage
Fee for borrowing BTC, this is generally where the interest of deposited coins is from
And others like Ads
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
The chinese bitcoin exchanges do not charge any fees, yet they do have expenses. In my mind this means that they are taking money from customer deposits to pay for their own expenses. The fact they are paying interest on deposits to give incentives to people to keep their bitcoin at the exchange only furthers this theory; I would stay away from chinese exchanges. Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
Got my interest last two days, the payment is ok. Added investment to 2 BTC today. Expected daily interest is 0.0005 BTC.
I thought the interest in BitVC was annual?
Nope, it's calculated based on every 10000 coins per day. Thanks for letting us know but I'll stick with my coins being under my control and not getting pulled in to elaborate scam. Good luck not getting Gox reloaded for all your coins bud. I'll be the fool who works and buys/holds his coins while you are praying your not getting backdoor'd by some shady exchange, offering deals that are more then likely to good to be true.
This is one problem with bitcoin. It is very difficult to invest your money without taking on serious risks. @BTCduke, seems legit, but how does it work, do you have to send your BTC to an address they give you and that's it? You generate interests monthly?
What benefits would you get getting now vs people getting later? Do you get any extras or will they slow interests for everyone as it keeps growing as BTC becomes more mainstream?
What benefits would you get getting now vs people getting later? Do you get any extras or will they slow interests for everyone as it keeps growing as BTC becomes more mainstream?
Yes, the website generates an address for each account. It confirmed my recharge after 1 confirmation by bitcoin network.
Interest is calculated and distributed to my account everyday after 12:00 Beijing time.
Both my current deposit and interest earned can be withdrawn any time. I've tried this a couple of times.
I don't see any benefit difference between getting now vs people getting later, all 0.025% for the moment.
But the interest rate CAN fluctuate. My guess is that they would slow interest for everyone as it keeps growing, as BTC becomes more mainstream.
Actually I know that there's only two times JUA raised daily interest to 0.1 and restored back to 0.025.
First time it was the opening of the current deposit service. The second one was to promote the website recently during Mid-Autumn Moon Festival.
@BTCduke, seems legit, but how does it work, do you have to send your BTC to an address they give you and that's it? You generate interests monthly?
What benefits would you get getting now vs people getting later? Do you get any extras or will they slow interests for everyone as it keeps growing as BTC becomes more mainstream?
What benefits would you get getting now vs people getting later? Do you get any extras or will they slow interests for everyone as it keeps growing as BTC becomes more mainstream?
Who is going to risk all the Bitcoins he have, for the sake of 1% per month interest? The only established player offering interest on Bitcoin holdings is Vircurex, although their rates are not constant. I am having an account there, but I never hold any coins as Vircurex is not a safe holding place. It was hacked multiple times in the past.
Vircurex is a huge scam, they freeze users accounts all the time without explanation / valid reasoning, and no way to reclaim the coins. Also very poor security.
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
What kind of gains monthly one does expect with that? Im considering 0.5 as well. Im still scared that they run with the money some day, they get seized out of fucking nowhere or "a hacker" (potential inside job betrayer) fucks us up. Gotta risk to win i guess..
0.5 BTC will be my test drive. I'll get 0.025%*0.5 everyday for as long as my coin is there.
I've also researched other interest earning btc websites, www.mycoin.hk for instance, seems not so safe.
But for ChinaBTC (JUA) and Huobi (BitVC), they are probably ok. If they try to run away, their CEO, who are NOT anonymous (actually quite famous in China), and anyone related, will end up in jail.
Thousands of Chinese investers have thrown their coins there. Chinese Gov won't let a scam like this big to happen, not without heavy punishment.
This is one of JUA's previous event (07/2014), a "fixed deposit" one described by OP.
There have been 6 similar events.
The BTCs have been returned to investers, with 1.4% monthly interest paid everyday.
Monthly interest1.40% Cycle 30day
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13:09:07 1**4 - ฿0.05 ฿2325.67702
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20:36:21 1**m - ฿100.00 ฿2156.41222
18:54:54 t**m - ฿20.21 ฿2056.41222
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13:17:04 d**5 - ฿9.49 ฿1419.6973
13:16:51 2**1 - ฿0.10 ฿1410.2073
13:13:28 上**2 1YcDWLnGnBzyrScSKmBRGDBn8j4Tqv7rX ฿0.05 ฿1409.0073
13:13:28 风**3 1EQnLkTAH1Coa5H14kcYdnkVjNbRKsPrcF ฿0.10 ฿1409.1073
13:13:28 6**m 14skKwe5NEqYBXF4LUVrt6RQVBRpxU29RU ฿1.00 ฿1410.1073
13:07:38 1**8 - ฿2.07 ฿1408.9573
12:29:42 f**m - ฿10.00 ฿1406.8873
12:27:23 y**m - ฿0.05 ฿1396.8873
12:20:28 2**m 1ZedUg4QF822Htn12iTnzvNvGnYmCC1Zp ฿20.299 ฿1396.8373
12:13:06 g**2 - ฿10.00 ฿1376.5383
12:05:13 b**w - ฿8.15 ฿1366.5383
12:01:53 1**m - ฿0.44 ฿1358.3883
11:52:38 q**m - ฿105.50 ฿1357.9483
11:49:25 小**8 - ฿5.00 ฿1252.4483
11:48:08 1**2 - ฿4.00 ฿1247.4483
11:36:08 s**t - ฿0.10 ฿1243.4483
11:34:56 1**0 - ฿0.50 ฿1243.3483
11:27:26 n**m 1F8SxuukneU7MaYn6UKkaPSAagpS6QBgPZ ฿9.00 ฿1242.8483
11:25:07 t**m - ฿9.00 ฿1233.8483
11:17:29 c**m - ฿3.00 ฿1224.8483
11:14:03 e**1 - ฿0.95 ฿1221.8483
11:08:56 h**6 1MPubbfrDMvmZC1rByNmxvEENQDyP1PAX ฿9.9999 ฿1220.8983
11:06:11 b**w - ฿5.00 ฿1210.8984
11:04:11 1**9 - ฿0.09 ฿1205.8984
10:53:46 4**m - ฿0.50 ฿1205.8084
10:52:56 4**m - ฿72.00 ฿1205.3084
10:51:31 9**m - ฿5.50 ฿1133.3084
10:47:16 r**m - ฿0.02 ฿1127.8084
10:46:29 羡**7 - ฿6.62 ฿1127.7884
10:44:29 m**m - ฿0.32 ฿1121.1684
10:40:54 卍**3 - ฿1.89 ฿1120.8484
10:38:56 享**7 1Awc9aDvueUzDUFEp6B49EFrhmYuyxjPkC ฿0.01 ฿1118.9584
10:35:08 3**m - ฿1.00 ฿1118.9484
10:31:14 c**m - ฿0.11 ฿1117.9484
10:26:06 p**m - ฿4.00 ฿1117.8384
10:25:17 f**8 - ฿13.00 ฿1113.8384
10:24:03 f**8 - ฿26.00 ฿1100.8384
10:23:12 2**m - ฿44.43 ฿1074.8384
10:22:16 4**m - ฿19.99 ฿1030.4084
10:21:16 6**m - ฿2.50 ฿1010.4184
10:13:31 3**m - ฿0.90 ฿1007.9184
10:02:26 1**0 - ฿3.50 ฿1007.0184
10:02:01 z**m - ฿30.00 ฿1003.5184
10:01:01 1**0 1Mtsx1uwauPoq1aZniuvW1Q5L6VucLFU7s ฿100.00 ฿973.5184
10:00:18 1**6 - ฿20.37 ฿873.5184
09:58:40 h**6 - ฿1.97 ฿853.1484
09:58:27 w**m - ฿3.26 ฿851.1784
09:57:58 8**m - ฿0.01 ฿847.9184
09:55:51 h**m - ฿122.96 ฿847.9084
09:51:16 3**m - ฿0.10 ฿724.9484
09:50:51 5**m - ฿12.13 ฿724.8484
09:48:51 1**0 1Mtsx1uwauPoq1aZniuvW1Q5L6VucLFU7s ฿100.00 ฿703.95
09:48:51 9**m 1ixPp5Cr927MGV6hWiaY8Aiy5vQ8Zixmr ฿5.0184 ฿708.9684
09:48:51 m**m 1ATjBqkKLLZ4YWj6gjWG7eDVDGjLqt2RPr ฿3.75 ฿712.7184
09:47:01 f**8 1K8WV9ZzXC7rLWUGutw5R7peZ37n3KKwDr ฿1.00 ฿588.95
09:47:01 b**m 12aQWGJdc6H7orqZASuGmGq8tEMBUiyLDW ฿15.00 ฿603.95
09:46:56 1**9 1NFrhRjASToxY7LoGS7TraeGNFXVV9cH8T ฿180.00 ฿585.96
09:46:56 m**m 1ATjBqkKLLZ4YWj6gjWG7eDVDGjLqt2RPr ฿1.00 ฿586.96
09:46:56 m**m 1ATjBqkKLLZ4YWj6gjWG7eDVDGjLqt2RPr ฿0.99 ฿587.95
09:46:46 纯**2 115dwEz5jiWv2cHKX7bbYhs8io3AcucVtv ฿25.00 ฿405.96
09:46:21 1**9 1NFrhRjASToxY7LoGS7TraeGNFXVV9cH8T ฿20.00 ฿325.26
09:46:21 s**m 1GYKmiGGiSTMvY9NYm2nFMPzKSjCpwiCiM ฿30.00 ฿355.26
09:46:21 t**m 1NYuAjVof7puXkGDwNiM9WL8bh4Enkj1kR ฿25.00 ฿380.26
09:46:21 s**m 1HjFhzt1niVmL7WS7rCLZfACwJqrJa646S ฿0.70 ฿380.96
09:44:06 x**m - ฿0.01 ฿305.26
09:39:46 q**m - ฿200.00 ฿305.25
09:39:21 q**m - ฿100.00 ฿105.25
09:33:36 g**m - ฿4.49 ฿5.25
09:32:46 1**m - ฿0.76 ฿0.76
Did some background research... seems that ChinaBTC is ok. Trying 0.5 btc for a start. Will keep you guys posted.
What kind of gains monthly one does expect with that? Im considering 0.5 as well. Im still scared that they run with the money some day, they get seized out of fucking nowhere or "a hacker" (potential inside job betrayer) fucks us up. Gotta risk to win i guess..
Who is going to risk all the Bitcoins he have, for the sake of 1% per month interest? The only established player offering interest on Bitcoin holdings is Vircurex, although their rates are not constant. I am having an account there, but I never hold any coins as Vircurex is not a safe holding place. It was hacked multiple times in the past.
Only safe place to hold long time is your wallet with a backup on an offline computer.. but you never get rich that way (or at least not fast enough lol)
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