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RE: Daily Bitcoin payments for Eternal Life contract from Genesis Mining
I've run out of replies on your previous post so I'll just add one last here ;)
Wouldn't it make more sense to buy 30$ worth of Bitcoins every week ?
That's how much you'd mine on 10THash miner in that time and a miner like that costs 1400$ ... also buying btc with fiat currency rather than mining should raise the price even higher ...
it would make more sense If I was mentally capable of holding on to that much liquid bitcoin without spending or selling it for a lifetime, or even 5 years, with genesis mining there is a bitcoin payment everyday, that's much easier than trying to hold
I have a better idea ... I should start a company that'll hold BTC of other people for some time ...
Let's say you put in 1BTC @ 1000$ today ... and in 5 years when btc is @ 5000$ I'll give you back 0.5btc ... that's 250% ROI in just 5 years ;D
WIN-WIN ;)
you can disappear with my btc, genesis mining has hardware to maintain so it's less likely for them to go out of business or disappear
It's still the same amount of trust in someone you never seen with your own eyes ;) I could say I have a special machine that'll hold your BTC safe or something like that ... would it you believe me more ?
Anyway I'm out of arguments and it's 6AM here so I have to get to bed ... It could work if the BTC price would keep on raising but that's not so sure ... so good night and good luck :)