Quote from: H.W.Z on September 23, 2014, 06:10:43 AM

Quote from: Barnabe on September 07, 2014, 04:14:45 PM

Quote from: Kprawn on September 07, 2014, 03:15:03 PM

Here is a method for people, who cannot buy BTC with fiat. {Or those, who have internet access, but no money}

Step 1
Get all your friends together ---> Create a "online" wallet for each of them ....Show them how a "faucet" work. {Register them with freebitco.in & http://faucet.bitcoinzebra.com/faucet} Use my referral, if you like the idea..PLEASE Wink

http://faucet.bitcoinzebra.com/?ref=ae650bf156d4
http://freebitco.in/?r=460370
http://freedoge.co.in/?r=25939 {Dodge}

The 2 top faucets are paying and they have a referral system. {This is the best part ---> Build your referral system, to have at least 20 active people.}

Every time they use the faucet, you get 50% of their income. {So you do not have to do anything}

Step 2

Create a account on CEX.io https://cex.io/r/0/Kprawn/0/

Configure the site to pay out to your CEX/Ghash bitcoin address.

Use the payouts to buy/trade to GHs and re-invest your bitcoins received from this "cloud mining" to buy/trade to more GHs {So the faucet money, creates more income for you, on a daily basis}

After a while, you do not have to solve captha's anymore - Your referral system generate passive income for you, and that is paid into "cloud mining" and the cloud mining grows to a point, where you get passive income daily. {You keep on buying Ghs until you have enough to give you some good bitcoins daily.}

Remember to configure your accounts with 2FA and all the security you can enable. {Change your passwords frequently}

Leave no money in the exchange, send it daily to your "paper wallets"

And that is how you make money out of nothing. Grin

Buying Gh/s in cex.io is EV+ ??

not a good idea! The price of hash power is too expensive. It is nearly impossible for you to cover back your initial invested bitcoin. You'd better keep them at cold wallet for the long term.

It really depends on the price. I would say you should certainly do your homework and see if current prices + current difficulty increase rate would potentially allow you to ROI. They just cut their maintenance fees so anyone that bought GHs in the past few days likely is seeing very nice gains