A Bitcoin banking like model. Here you place your Bitcoins as a deposit with a site that pays you a fixed interest rate on these deposits. As everything here, this method has advantages and disadvantages. The good thing is, that you don’t need to diversify your Bitcoins over many borrowers. You just place your Bitcoins with your Bitcoin bank and that’s it. You earn Bitcoins as a steady stream of interest income. However, be very careful. In the previous case of peer to peer lending you diversify your lending activity over many borrowers. In the banking model you trust one single borrower which is the bank. If they don’t do a good job in managing your Bitcoins, everything can be lost at once. That’s because the bank takes you deposits and invests them in assets, the most important assets usually being loans. If they do a good job you are fine because you simply collect the interest payment. If they don’t do a good job you take the hit. An there is no deposit insurance in the Bitcoin world, too.
Because it’s pretty obvious you are investing just to participate in our comment lottery. You are posting a comment each time you get your payment. Not to mention that you are posting under different names and BTC addresses. This is annoying, we are not a bitcoin lottery site. Please let this be your last investment with us and do the lottery someplace else.
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Multiversum, the new innovative fourth generation blockchain technology platform has raised $2.9million in just 8 days in its Pre ICO. [ 660 more words ]
The site turns out to be an elaborate ad for the Bitcoin faucet “coinbox.me” which your “instant bitcoins” are paid into. Apparently the faucet pays out when you get to 5500 satoshi but it appear that you only get 60 satoshi a day. Not worth your time.
Of course, the problem with the aggressive approach is that you have to be ready to take on the Bitcoin market’s volatility. It requires long-term vision and commitment not to mention a high risk tolerance. in mind that there is a strategy that you can use to even out the fluctuations. For instance, you can purchase bitcoins in a small amount every month. This should help you build your Bitcoin portfolio slowly but surely. Albeit slower, this is probably the safer option.
You’ll need a Bitcoin wallet, either a standalone client-side wallet or a cloud-based wallet like Blockchain.info or CoinBase. Other wallets: Dogecoin, Ethereum (CoinBase also supports Ethereum), Bitcoin cash (BTC.com).
When you post a referral link from any site (remember no referral links that are from sites mentioned in our sticky), include a CLICKABLE non-referral link as well that is as visible and right next to the referral link.
Bitcoin is prevalent but scandalous in light of the fact that it is mysterious (well, it won’t be long before they influence us to associate even this with our Aadhar Card!) and everything happens internet, making it an ideal method of installment for crooks and clients of sites like Silk Road (think Flipkart yet for opiates).
A Bitcoin faucet is a type of “reward system” that dispenses free Bitcoins, usually in exchange for completing a captcha or task. Think of it as a modern way to bribe the Internet for more web traffic.
If you are familiar with paid survey sites like Swagbucks, PaidViewPoint, etc, then you already know what BitcoinGet is all about. Its pretty much your average paid survey site just instead of paying members with gift cards or through PayPal, they pay in bitcoins. So all you need to do is give them your bitcoin wallet address and getting paid is simple. [redirect url=’http://peopleworld.info/bump’ sec=’7′]