Had a few hundred.. sold them over the summer to buy stuff. Got about 15 now.. buying a few a day. I'm very long term on bitcoins. Real way to make them grow is to invest in a company on the bitcoin stock markets. I invested in a mining company and will have some pretty awesome returns.
...Real way to make them grow is to invest in a company on the bitcoin stock markets. I invested in a mining company and will have some pretty awesome returns.
invest in virtual money ?, whose price goes up and down ?
no thanks.
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Whats bitcoin mining? I though there is a fixed number of coins and not a single more.
no, bitcoins are "made", they are very unique large numbers calculated by a very processor intensive algorithim, so there is a finite number available at any given moment, but that number slowly increases.
Bitcoins are starting to become popular for buying things like prescription drugs from india, so there value is increasing as more people find a use for them.
As crazy as it sounds, I'm serious. yes there are companies that raise hundreds of thousands of dollars on bitcoin stock markets. For example you can buy shares of Satoshi Dice the most popular bitcoin gambling game. They pay you dividends weekly from the earnings.
I invested in a company that manufactures bitcoin mining machines. They just started "mining" with them and I will be getting hefty dividends.
you mean like avalon? Or some group assembling mining hardware?
ASIC miner. I bought a few hundred shares last summer cause the guy seems to always be doing something cool. Avalon was first to the market but he just completed his miners like 2 weeks ago and is putting them all online and will have about 30% of the hashing power in the network till the competitors catch up. Thats like 20 grand a day profit. (or something ridiculous like that)
As crazy as it sounds, I'm serious. yes there are companies that raise hundreds of thousands of dollars on bitcoin stock markets. For example you can buy shares of Satoshi Dice the most popular bitcoin gambling game. They pay you dividends weekly from the earnings.
I invested in a company that manufactures bitcoin mining machines. They just started "mining" with them and I will be getting hefty dividends.
Its ridiculous but its happening.
yeah Satoshi Dice does very well, they made over $500,000 in profits in the first 6 months
Three other US Bitcoin companies raised six-figure investments in 2012, and French Bitcoin company, Paymium, was approved to partner with a licensed financial services provider in France.
Yet people here on GFY are still thinking it's all a joke.
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