Hey guys?
Was just thinking about opening a credit card to investing in GLBSE. With an 14% annual rate, (some cards even offering 0% interest for a year), would it atleast an 'ok' idea if you're responsible?
What are you guys thoughts about using a credit card to invest like 1-2k into GLBSE and make monthly payments off the dividends?
Nuts. There is no such thing as investment into GLBSE.
If you want to invest into PPTs, well a lot of people call it a ponzi. If you're ready to loose all of your money - go ahead.
Why you think that?!
Offering 4.5% a week of interest isn't a ponzi scheme...
If you let 100 BTC in my hands, I turn it into 105 in one week with purely simple (and hard) work, called "trading"... Am I running a ponzi?! =P
Cheers!
Thiago