Where can I invest? - page 19. | Bitcointalksearch.org

smith coins

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Activity: 504

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Quote from: qwerty881122 on May 02, 2015, 02:00:59 PM

Hi guys!

I saved some money in the last year, now I'm looking for some opportunity in this kind of market to invest my money. Is it better buy altcoins or bitcoin? maybe mining? I'm just a bit confused, but determinate!

If you have some cash flow already, you can invest directly in startups and other funds in various markets, provided you know what you're doing. There's some risk or just buy and hold BTC

ranlo

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Activity: 1988

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Quote from: ranochigo on June 23, 2015, 11:02:16 AM

Quote from: ranlo on June 22, 2015, 05:30:09 AM

Quote from: Bizmark13 on June 22, 2015, 05:06:23 AM

Quote from: subSTRATA on June 22, 2015, 04:07:35 AM

true, and all of these risks can be minimized with transparency; if the site shows their bankroll at all times as well as proof of funds, investors can see for themselves weather or not the site's investment system is legitimate or not. i believe the lack of this transparency was why dadice decided to halt their investment option as well

Dicebitco.in offered exactly that but it still ended up making its investors lose money. It offered proof of funds and the size of the bankroll was always shown on the upper left corner of the site:

Quote from: DiceBitcoin on July 29, 2014, 04:33:11 PM

Proof of funds and an already starting bankroll of ~~3000~~ 7500+ BTCs! Yes, SEVEN thousands five hundred. . Our COLD wallet --> https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote from: DiceBitcoin on July 29, 2014, 07:21:38 PM

Just passed 1k+ Bets in less than 3h O_o

Quote from an article on the site's demise:

Quote from: CoinTelegraph

Since the beginning of the authorship of this article, DiceBitco.in owners manl and gerry have stopped responding to users on Bitcointalk and a player, going by the name mateo, has continually placed bets with a near perfect win ratio, emptying the site and stealing the entireity of investor funds.

Link: http://cointelegraph.com/news/112470/dicebitcoin-accused-of-cheating-players

Many others fell from the same thing. Even TF's sites got raped. The only truly safe place for your money is in your own hands.

Coinbase offers insurance, but if you read what they say, if their service was hacked or someone found a way to exploit addresses to wipe them out, insurance would not cover the situation.

The interesting part is that doolgus trusted it and everyone just followed him. Investing in a gambling site may not be the best way to earn a profit. The owner can see the seeds and predict the rolls hence cheating investors. This is the main reason why primedice don't have a investor option. Security wise, the cold storage is intended to be secure. If one properly generated a cold storage address, the probability of it getting hacked is very low. In TF's accident, the majority of coins wasn't kept in cold storage which would be much much more secure.

It was interesting to see that TF *didn't* have them in cold storage. It was pretty up on security, and even advised everyone else to store theirs in cold storage, and called out the sites that didn't (as well as notifying other site owners about their exploitable security holes). It was just overall a pretty bad situation.

ranochigo

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Crypto Swap Exchange

Quote from: ranlo on June 22, 2015, 05:30:09 AM

Quote from: Bizmark13 on June 22, 2015, 05:06:23 AM

Quote from: subSTRATA on June 22, 2015, 04:07:35 AM

true, and all of these risks can be minimized with transparency; if the site shows their bankroll at all times as well as proof of funds, investors can see for themselves weather or not the site's investment system is legitimate or not. i believe the lack of this transparency was why dadice decided to halt their investment option as well

Dicebitco.in offered exactly that but it still ended up making its investors lose money. It offered proof of funds and the size of the bankroll was always shown on the upper left corner of the site:

Quote from: DiceBitcoin on July 29, 2014, 04:33:11 PM

Proof of funds and an already starting bankroll of ~~3000~~ 7500+ BTCs! Yes, SEVEN thousands five hundred. . Our COLD wallet --> https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote from: DiceBitcoin on July 29, 2014, 07:21:38 PM

Just passed 1k+ Bets in less than 3h O_o

Quote from an article on the site's demise:

Quote from: CoinTelegraph

Since the beginning of the authorship of this article, DiceBitco.in owners manl and gerry have stopped responding to users on Bitcointalk and a player, going by the name mateo, has continually placed bets with a near perfect win ratio, emptying the site and stealing the entireity of investor funds.

Link: http://cointelegraph.com/news/112470/dicebitcoin-accused-of-cheating-players

Many others fell from the same thing. Even TF's sites got raped. The only truly safe place for your money is in your own hands.

Coinbase offers insurance, but if you read what they say, if their service was hacked or someone found a way to exploit addresses to wipe them out, insurance would not cover the situation.

The interesting part is that doolgus trusted it and everyone just followed him. Investing in a gambling site may not be the best way to earn a profit. The owner can see the seeds and predict the rolls hence cheating investors. This is the main reason why primedice don't have a investor option. Security wise, the cold storage is intended to be secure. If one properly generated a cold storage address, the probability of it getting hacked is very low. In TF's accident, the majority of coins wasn't kept in cold storage which would be much much more secure.

scarsbergholden

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Activity: 686

Merit: 500

I would say stay in bitcoin do a little bit of day trading if you could manage the charts and if you have time to mine a new altcoin with a good roadmap do so only if you own a rig.

ronaldo40

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maybe you are interested in sports gambling https://bitcointalksearch.org/topic/sports-betting-challengepossible-to-investplease-hurry-1095507

Acidyo

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Activity: 588

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Will Bitcoin Rise Again to $60,000?

Bitcoin is a safe 5 year investment. If you are looking to make 20%-30% on your money on a 5 year plan, you can bet on Bitcoin being a safe vessel to do that with. Don't go into thinking you are going to 10X your money, set your expectations low, and follow the news...you should do just fine!

thebigtalk

sr. member

Activity: 350

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Bitcoin and co.

Bitcoin might not be the safest due to its unstable price today but still worth it. If you're about to invest to bitcoin, try to do some trading. People that are doing trading makes a lot of money. Well I do have a little to spare so I go with ecoin.eu for trading. They have free arbitrage program so less worry.

chriswen

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Activity: 756

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I think there are a lot better opportunities than btcjam. I don't feel that btcjam is really worth the risk. It's practically gambling.

And I find the whole concept of trust loans, it just tells me to stay away. Eventually they'll run with your money.

Herbert2020

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Activity: 1946

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Quote from: ikydesu on June 22, 2015, 03:05:10 AM

Quote from: Herbert2020 on June 22, 2015, 02:39:29 AM

Quote from: qwerty881122 on May 02, 2015, 02:00:59 PM

Hi guys!

I saved some money in the last year, now I'm looking for some opportunity in this kind of market to invest my money. Is it better buy altcoins or bitcoin? maybe mining? I'm just a bit confused, but determinate!

In my opinion this price level and maybe a little lower is the best time for buying bitcoin for everyone who wants to join in the rise. i suggest you do some research and then buy bitcoin.
and for altcoins, just learn trading and trade altcoin, never buy and hold.

Agree. I don't know i believe next year the price will rise significant Grin

although i'm not really sure will go to the moon(like in the end of 2013).
Mining altcoin is not bad too, just search for low diff and high price in market.

~iki

yeah, next year is going to be a good year for bitcion price in my opinion. because of the current fixed price and the amount that accumulators accumulated and also because of the bitcoin block reward halving that is going to happen in 2016.

ranlo

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Activity: 1988

Merit: 1007

Quote from: Bizmark13 on June 22, 2015, 05:06:23 AM

Quote from: subSTRATA on June 22, 2015, 04:07:35 AM

true, and all of these risks can be minimized with transparency; if the site shows their bankroll at all times as well as proof of funds, investors can see for themselves weather or not the site's investment system is legitimate or not. i believe the lack of this transparency was why dadice decided to halt their investment option as well

Dicebitco.in offered exactly that but it still ended up making its investors lose money. It offered proof of funds and the size of the bankroll was always shown on the upper left corner of the site:

Quote from: DiceBitcoin on July 29, 2014, 04:33:11 PM

Proof of funds and an already starting bankroll of ~~3000~~ 7500+ BTCs! Yes, SEVEN thousands five hundred. . Our COLD wallet --> https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote from: DiceBitcoin on July 29, 2014, 07:21:38 PM

Just passed 1k+ Bets in less than 3h O_o

Quote from an article on the site's demise:

Quote from: CoinTelegraph

Since the beginning of the authorship of this article, DiceBitco.in owners manl and gerry have stopped responding to users on Bitcointalk and a player, going by the name mateo, has continually placed bets with a near perfect win ratio, emptying the site and stealing the entireity of investor funds.

Link: http://cointelegraph.com/news/112470/dicebitcoin-accused-of-cheating-players

Many others fell from the same thing. Even TF's sites got raped. The only truly safe place for your money is in your own hands.

Coinbase offers insurance, but if you read what they say, if their service was hacked or someone found a way to exploit addresses to wipe them out, insurance would not cover the situation.

Bizmark13

sr. member

Activity: 462

Merit: 250

Quote from: subSTRATA on June 22, 2015, 04:07:35 AM

true, and all of these risks can be minimized with transparency; if the site shows their bankroll at all times as well as proof of funds, investors can see for themselves weather or not the site's investment system is legitimate or not. i believe the lack of this transparency was why dadice decided to halt their investment option as well

Dicebitco.in offered exactly that but it still ended up making its investors lose money. It offered proof of funds and the size of the bankroll was always shown on the upper left corner of the site:

Quote from: DiceBitcoin on July 29, 2014, 04:33:11 PM

Proof of funds and an already starting bankroll of ~~3000~~ 7500+ BTCs! Yes, SEVEN thousands five hundred. . Our COLD wallet --> https://blockchain.info/address/19tQNCrmaW6EADfJrtBaRixRkPyVrvb6yk

Quote from: DiceBitcoin on July 29, 2014, 07:21:38 PM

Just passed 1k+ Bets in less than 3h O_o

Quote from an article on the site's demise:

Quote from: CoinTelegraph

Since the beginning of the authorship of this article, DiceBitco.in owners manl and gerry have stopped responding to users on Bitcointalk and a player, going by the name mateo, has continually placed bets with a near perfect win ratio, emptying the site and stealing the entireity of investor funds.

Link: http://cointelegraph.com/news/112470/dicebitcoin-accused-of-cheating-players

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: ranlo on June 22, 2015, 04:40:44 AM

Quote from: subSTRATA on June 22, 2015, 04:34:24 AM

Quote from: Bitdonator on June 22, 2015, 04:09:07 AM

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

"investing" in btcjam might as well be gambling; scams are pretty common there, and it doesnt take that much to get a listing to appear legitimate. is there even a legal process for dealing with people who default on their loans? so far my guess would be that theres not.

There is. It's called "small claims" (lower than $5k in most states) or normal court ($5k+). It's more of a question of whether or not you want to pursue them.

which I doubt most would since they only invest a couple dollars; so the risk for scammers/defaulters are pretty minimal then. even less reason to bother with btcjam.

Ingatqhvq

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Activity: 532

Merit: 500

Bitcoin may be the best choice at this present as the price is really low.

ranlo

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Activity: 1988

Merit: 1007

Quote from: subSTRATA on June 22, 2015, 04:34:24 AM

Quote from: Bitdonator on June 22, 2015, 04:09:07 AM

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

"investing" in btcjam might as well be gambling; scams are pretty common there, and it doesnt take that much to get a listing to appear legitimate. is there even a legal process for dealing with people who default on their loans? so far my guess would be that theres not.

There is. It's called "small claims" (lower than $5k in most states) or normal court ($5k+). It's more of a question of whether or not you want to pursue them.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: Bitdonator on June 22, 2015, 04:09:07 AM

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

"investing" in btcjam might as well be gambling; scams are pretty common there, and it doesnt take that much to get a listing to appear legitimate. is there even a legal process for dealing with people who default on their loans? so far my guess would be that theres not.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: favdesu on June 22, 2015, 04:16:36 AM

Quote from: Bitdonator on June 22, 2015, 04:09:07 AM

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

or just delete your wallet without backups. saves you time and you don't have to use a service full of scammers.

My thought exactly. There are two groups of people there:

1) People with bad credit that need the money to pay back existing loans, who obviously won't be able to pay you back because they're in a financial shithole for a reason

and

2) Those that claim they're giving ridiculously high interest rates and are credible... but decided it wasn't worth taking a bank loan for a LOWER interest rate because they are afraid they can't pay it back and don't want to be screwed when they run an exit scam

favdesu

legendary

Activity: 1764

Merit: 1000

Quote from: Bitdonator on June 22, 2015, 04:09:07 AM

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

or just delete your wallet without backups. saves you time and you don't have to use a service full of scammers.

BitcoinDuplex

newbie

Activity: 35

Merit: 0

Just join the game, nothing can be easier.

Bitdonator

legendary

Activity: 1223

Merit: 1002

Invest in btcjam.com
You can get good profit over time,
and dont forget to diverse your investment on different lists.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: ranlo on June 21, 2015, 11:04:55 PM

Quote from: Bizmark13 on June 21, 2015, 10:56:53 PM

Quote from: subSTRATA on June 21, 2015, 10:38:08 PM

Quote from: the_reprobate on June 21, 2015, 10:04:34 PM

Quote from: ranlo on June 21, 2015, 07:54:30 PM

Quote from: dollarneed on June 21, 2015, 07:37:08 PM

i think the best way to invest your money in real estate,anymore dont put all of your eggs on one basket so spread it another to like bitcoin,altcoin,gold,oil maybe and the other,decision is yours

Real estate is really the best way. I mean, ask all those people in Florida that lost millions in the housing bubble. Oh, and California. Oh, and Hawaii. Oh, and (insert tons of other states here).

True, But heck in investments its always a gamble. Some will win and some will lose

all investments have some sort of risk, its about getting what edge you can over the long term; a dice site's bankroll for example, should increase over time given the house edge. for this reason, I sometimes tend to put some coin into dice sites, and so far theyve been growing decently well.

Keep in mind that:

a.) even though dice sites are meant to be profitable in the long run, it's quite possible that a whale could come in and devastate the bankroll in the short term. It happened with nakowa in the case of Just-Dice, for example.

b.) there are currently very few (if any) trustworthy dice sites out there that offer an investment option. The only one that is universally considered to be trustworthy by the community is Just-Dice (since Primedice doesn't offer the ability to invest in its bankroll). And even Just-Dice doesn't accept investments in BTC - only CLAMs. Several dice sites that offered investments in the past have collapsed or disappeared with their investors' funds including Dicebitco.in and dice.ninja. In fact, once the risk of the dice site collapsing or disappearing is factored into the calculations, the long term expected rate of return for dice sites as a whole might even be negative.

I'd also like to point out another big issue with dice sites that allow investments: some of them are skimming coins. I've dealt with two privately now that had messed up algorithms for deciding what to give investors. One was only giving ~5% of what it should, and the other was decreasing investment amount regardless as to if someone won or lost (i.e., if someone bet 1 mBTC, if they won, it'd decrease bankroll by 1 mBTC. If they lost, it'd still decrease it by 1 mBTC). So even seemingly "okay" investments may not be.

true, and all of these risks can be minimized with transparency; if the site shows their bankroll at all times as well as proof of funds, investors can see for themselves weather or not the site's investment system is legitimate or not. i believe the lack of this transparency was why dadice decided to halt their investment option as well

Topic: Where can I invest? - page 19. (Read 30735 times)