Timeline for How to invest bitcoins?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jan 2, 2014 at 10:41 | comment | added | ljs.dev | @PeterMichealLacey-Bordeaux, it may have improved since your comment. I've successfully invested in several high interest ones. You should do due diligence as with anything and don't only go by the ratings the site shows. Also look at number of trades and even ask the borrower to chat offline and send more verification if you have doubts of their ability or motivations to repay. | |
| Feb 25, 2013 at 18:32 | comment | added | placeybordeaux | I have been using btcjam and it is pretty simple. However people aren't really offering competitive rates, the highest reasonable return i have seen is 5%. There are higher ones, but only for untrustworthy people. | |
| Nov 21, 2012 at 22:57 | comment | added | smickles | I did leave a little wiggle room in that statement just for that concern, essentially saying that it 'could be illegal' | |
| Nov 21, 2012 at 22:35 | comment | added | Juraj | The "dangerous and risky" label is accurate, but "illegal" remains to be seen. European Central Bank considers bitcoin market to be existing outside its regulation (only normal trade laws apply), US/UK authorities did not issue clear assessment yet afaik. But it's reasonable to assume there isn't bigger legal threat, than for example, accessing unlicensed online casinos. | |
| Nov 21, 2012 at 21:14 | history | answered | smickles | CC BY-SA 3.0 |