Quote from: Harley997 on June 18, 2014, 02:09:04 AM

Quote from: jonsi on June 17, 2014, 10:08:16 AM

Quote from: ShakyhandsBTCer on June 17, 2014, 03:09:30 AM

Quote from: jonsi on June 17, 2014, 12:51:56 AM

Quote from: Harley997 on June 16, 2014, 11:57:20 PM

Quote from: jonsi on June 16, 2014, 11:27:51 PM

Quote from: ShakyhandsBTCer on June 16, 2014, 05:45:31 PM

Quote from: perdomwx on June 16, 2014, 01:45:25 AM

Quote from: jonsi on June 15, 2014, 10:02:00 PM

The most secure way to gain from having bitcoins, with no risk at all is to lend them on bitfinex.com.
Use the code 5l4wLVc4LW when making a new account for a 10% discount on all fees.

Do you have a guide on the lending process? The website is confusing with all the investing jargon.

It is impossible to not have any risk if you are lending.

You are paying 15% of your interest for insurance of the funds, so it's not imposible.

Your statement is not correct.

You are implying that you are purchasing insurance against the default of the borrower, but even this is not risk free, you are only mitigating the risk.

The borrower can't default. He can't take take your bitcoins or fiat and leave. He is just using it for margin trading and he will get his position close when he is aproaching the margin limit. The insurance is in case of a sudden spike or drop in the price and the platform could not react in time to close his position so it will cover the eventual loss.

What if the exchange goes under and/or if the price of bitcoin moves too fast for the exchange to automatically close the position?

The risk with the exchange going under it's a risk you are taking with every exchange and service related to bitcoin. If the price moves to fast and the exchange can't close the position on time then it will cover for the loss.

You are saying that there is no risk to the lending. You just admitted that there is some level of risk.

What's wrong with you people? There is always some level of risk in everything you do in this life. Even if you keep youre bitcoins in a cold wallet in the most secured vault on earth there is the risk that a pool like Ghash will launch a 51% attack, or if you invest in a building is the risk of collapsing, and if you get out from your house you have the risk to get hit by a bus or if you stay in is the risk of war break out and get hit by a bomb and so on and so on.
What I'm saying is in normal circumstances not in situations beyound our control. With this kind of judgement nobody would make kids anymore because there is always the risk to die in his first years of life... or drive a car because there is always the risk of crashing...