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Topic
Board Marketplace (India)
Re: Invest Bitcoin now live!!!
by
Invest Bitcoin
on 17/04/2014, 14:11:23 UTC
how much ROI, i tried registering but did not got your email last 10-15 min

Sent you a PM re registration.

ROI: Please find below our current plans:

Plan                                         Details                                                                                        Limits
Plan A   1 Yr Plan which provides 6% annual returns. No EMI available for this plan.                           0.1 - 100 BTC
Plan B   3 Year Plan which provides 7% annual returns. No EMI available for this plan.                           1 –   1000 BTC
Plan C   5 Year Plan which provides 8% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC
Plan D   7 Year Plan which provides 9% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC
Plan E   10 Year Plan which provides 10% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC

Regards,

Invest Bitcoin
http://investbitcoin.in/
Facebook: https://www.facebook.com/InvestBitcoin
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)


i got the mail now,

but I also live in India so I think ROI is low

These are fixed deposits and bonds that we are talking about. If there are plans that guarantee higher returns, let us know the details and we'd be glad to explore them as well.

Invest Bitcoin
Post
Topic
Board Marketplace (India)
Re: Invest Bitcoin now live!!!
by
Invest Bitcoin
on 17/04/2014, 12:48:05 UTC
how much ROI, i tried registering but did not got your email last 10-15 min

Sent you a PM re registration.

ROI: Please find below our current plans:

Plan                                         Details                                                                                        Limits
Plan A   1 Yr Plan which provides 6% annual returns. No EMI available for this plan.                           0.1 - 100 BTC
Plan B   3 Year Plan which provides 7% annual returns. No EMI available for this plan.                           1 –   1000 BTC
Plan C   5 Year Plan which provides 8% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC
Plan D   7 Year Plan which provides 9% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC
Plan E   10 Year Plan which provides 10% annual returns. 1 Yr EMI Available on orders above 20 BTC.   10 – 1000 BTC

Regards,

Invest Bitcoin
http://investbitcoin.in/
Facebook: https://www.facebook.com/InvestBitcoin
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)
Post
Topic
Board Marketplace (India)
Topic OP
Invest Bitcoin now live!!!
by
Invest Bitcoin
on 17/04/2014, 07:23:35 UTC
Dear All,

We are pleased to announce that Invest Bitcoin in now Live!!! All you have to do is register with us and pick a plan of your choice...

We also have Live chat available, in case you require clarification or need help in the process. 

Should you have any suggestions for improvement or feedback, please PM us/ chat with us and we will look into the same.

Thank you for all your support so far.

Do like us on our Facebook page and follow us on Twitter to get the latest updates...  Smiley

-Invest Bitcoin
http://investbitcoin.in/
Facebook: https://www.facebook.com/InvestBitcoin
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 14/04/2014, 07:26:52 UTC
Here is a numeric example to highlight flaw in your so called "business plan".

Lets say I send you 10 BTC at current market price to invest. Now you cant invest BTC in any guaranteed return scenario. You have to invest the FIAT and like you said you choose to invest them in govt securities in India. Thus, you will go ahead and convert 10BTC-> INR and at current rates that would come to be around 250,000 INR.

Now lets say you put this money in whatever investment you intend to and generate a 6% return. Which means you will have 15,000 INR as retrn or 265,000 as total cash on hand.

Now you have to give me a 6% return on my BTC, which means you  have to give me 10.6 BTC back. The ONLY and I stress the ONLY way you will be able to do that is if BTC->INR exchange rate does not change. Even if BTC appreciates by 10% to say 27,500 , which is sooo much possible, you will need to cough up 291,500 to give me back my 10.6 BTC. Hell you will need 275,00 to even give back my 10 BTC. How will you get the difference?

Your plan is exposed to a significant exchange rate risk, which you are not even taking into account.

I suggest members to do their math before investing in this. I am not calling this scam. I believe its just poor investment


Our effort lies in protecting the current value of BTC. In the example that you've quoted, what we would do is convert the 10 BTC at the time of investment to INR based on BTC-e prices and invest the same into the plan of your choice. Let's say you choose the plan which gave you a return of 6% - in that case you get 6% over and above on the INR value at the time of conversion, which means that you would get INR 2,65,000 in total at the end of the deposit term (using your example)

The final payout will happen either in BTC or fiat depending on your choice at the end of the term.

Regards
Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 11/04/2014, 13:44:10 UTC
^
You do not have a bank account?

I do, but quite a few people I know have been questioned while using their bank accounts to trade.
Would rather not be one of them at this point in time.

I was responding to OP's claim that his scheme would benefit the "half of India do not have access to banks or bank accounts."
You, on the other hand, are simply trying to launder money.
This scheme also fails at effective money laundering.

There are easier ways to launder money. I would not go through this if I wanted to launder money.


In that case, what's your motivation for "investing" in this?  Other than the guy being your buddy.

From my perspective, all I am doing is putting a small part of my BTC into an investment, which I know can hold a steady return.
Am not looking at what he is doing with the BTC.

In other words, you don't care how plausible his "guaranteed 6%" promise is, he's your buddy, you trust him, and wish to support his business.
That's fine, and perhaps this is a reasonable investment for OP's other friends, but expecting to raise money on the internet simply doesn't make much sense.
And neither does justifying this scheme with "[it will benefit the] half of India [who] do not have access to banks or bank accounts."

While we know Benson, the guarantee of 6% comes from the fact that our investments provide that as a minimum. While we do understand that no investment can be guaranteed to such a great extent, our securities are overseen and have proven wise investments for huge part of the Indian population and this is our effort to open out this service to anyone interested in India and worldwide.

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 11/04/2014, 13:19:12 UTC
Hmm... it seems weird as i do not believe anyone can handpick bonds with guaranteed success.

The securities that we are talking about are fixed deposits and bonds which have been very popular for generations in India. It's also one of the most sought after investment methods for many due to the guarantee of returns..

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 11/04/2014, 08:31:49 UTC


Our handpicked schemes are top performing for sure and that's why we guarantee anywhere between 6% to 11% annually.

[/quote]


Just to be clear, what currency is this guarantee it?  We're providing BTC.  We'll receive BTC when cashing out.  That would suggest your guarantee is also in BTC.
But of course you are talking about a guarantee in fiat.  Which fiat?  What exchange prices are used?  You also have fees.  What does this cost?  Not Lambchop has a valid point.  People can do this themselves.  It's not a big deal to convert BTC to fiat or buy bonds at your local bank.  You may have a small opening for convenience, but certainly investors need more information.  And there currently is a HUGE risk investing with BTC.


[/quote]


Dear Elmwar,

  BTC can be paid during cashout or FIAT directly to a bank account. We use Btc-e exchange as that has been the most reliable exchange so far to deliver funds to India. Once we receive the BTC, we convert it into INR and store it in government approved securities. In the event that we find a better exchange, we will be glad to use it as long as the funds transfer to India is simple.

 This initiative comes from the fact that half of India do not have access to banks or bank accounts. While that is likely to change quite soon, BTC can help a lot with this right now.

It is more a matter of convenience for people who hold BTC and want to invest it directly without converting.  This would be a niche market product for people who are expecting the Indian Economy to work for them over the next 5 years (elections are underway and tremendous change is expected).

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 10/04/2014, 12:39:41 UTC


There could be an advantage for some long time bitcoin holders who wish to hold profit at the current fiat price.  If people did this 3 months ago, the could now sell and double their bitcoin.  If people did this themselves, there would be tax implications that would be hard to hide.  Using a service like this could be quicker and hide profits for a time, but you're also paying for the service.

One suggestion, instead of just fiat bonds, why not the option of gold and silver?  Bonds give a set return, however most bitcoin users believe it's not worth the paper it's printed on.  You could offer both and let them decide.  I've actually converted some profit to gold and silver recently.  There are several places that accept bitcoin.

There could be a small niche here for you, but it's not something I'm interested in at the moment.  Best of luck.

Dear Elmwar,

Thanks for taking the time out to share your thoughts... It was plunge in prices that actually got us to work on this, coz we know of a lot of people who bought Bitcoin when it was $1000+ and now they have incurred a loss! Would have loved to start this service much earlier, however, we're hoping that it's better late than never Smiley and would prove to be useful to at least the rest of the crowd who may want to make that investment now.

We are also working on launching gold and real - estate in the coming months, post our launch of bonds and deposits! Silver has not been on our list, but would definitely look into it..(+1 for the suggestion) Smiley

It's great to know that people in the community are opting for gold and silver as optional/ additional investments.

Thanks once again for writing here!

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 10/04/2014, 12:28:49 UTC
...
Not everyone feels the same way. There are quite a few people who still continue to invest in these bonds/ deposits which guarantee income, rather than taking the risk of fluctuating prices of Bitcoin.

And there are also a large group of people who accept BTC either for their services, miners who earn BTC over a period of time, etc. They do not always convert their BTC into fiat immediately, thus taking the risk of depreciating value of Bitcoin.

Our services cater to that group who want to invest in something that would give them guaranteed returns, rather than opting to take a risk with the Bitcoin/s in hand.

Regards
Team Invest Bitcoin

The risk-averse individuals who invest in government bonds invest directly in government bonds.  They do not convert their fiat into Bitcoin to send to some d00d on the interweb so that said d00d could convert it back to fiat and invest in government bonds for them.  That's retarded.



Dear notLambchop,

Seems like you've mixed up something somewhere... We are not talking about individuals who would convert their fiat to Bitcoin to invest with us in a government bond...(that we understand as retard!) We provide services to individuals and corporates who want to invest their Bitcoin in deposits/ bonds which would give them their guaranteed returns!! - so that's not retard after all Wink

"The risk-averse individuals who invest in government bonds invest directly in government bonds" - that's up to the individual. (here, people are investing their fiat into bonds directly. Our service is for people with Bitcoin - convert them to fiat and invest them on their behalf).  Our handpicked schemes are top performing for sure and that's why we guarantee anywhere between 6% to 11% annually.

And as far as "some d00d on the interweb" is concerned, we completely understand that trust cannot be built in a jiffy. It's with time, that trust is built. And we are happy to go that route..

Regards
Team Invest Bitcoin

Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 10/04/2014, 08:40:56 UTC
Hi All,

To give you a brief introduction, we are part of the Invest Bitcoin team.

We will be launching our services shortly in India and worldwide, where we encourage investors to invest their Bitcoin/s with us and we in turn deposit the amount in various Government bonds, deposits and schemes, which would enable our investors to earn guaranteed returns at the end of the term.

Would highly appreciate your support in making this a success. Do like us on our Facebook page and follow us on Twitter to get the latest updates.

PS: we are still in our pre-launch stage and hence, haven't published the link to our website. Will provide the details when we are ready for launch.

Facebook link: https://www.facebook.com/pages/Invest-Bitcoin/260184967486696
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)

Regards
Team Invest Bitcoin


Hope you guys do well. All the best!

Thanks Benson Samuel Smiley

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 10/04/2014, 07:58:04 UTC
we in turn deposit the amount in various Government bonds, deposits and schemes,


Global financial collapse of debt-ridden countries is immanent and you propose investing in their Bonds?! Government Bonds are going to crash and burn and become almost worthless and at that time BTC is likely to be increasing in value as investors seek a safe haven.



And another thing, there is nothing Bitcoin related in your proposal you are just raising FIAT to invest in the FIAT system. It's bonkers if you see a future for BTC.

Hi minerpart,

Thanks for sharing your thoughts/ comments.

Not everyone feels the same way. There are quite a few people who still continue to invest in these bonds/ deposits which guarantee income, rather than taking the risk of fluctuating prices of Bitcoin.

And there are also a large group of people who accept BTC either for their services, miners who earn BTC over a period of time, etc. They do not always convert their BTC into fiat immediately, thus taking the risk of depreciating value of Bitcoin.

Our services cater to that group who want to invest in something that would give them guaranteed returns, rather than opting to take a risk with the Bitcoin/s in hand.

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 10/04/2014, 07:46:48 UTC
How will you guarantee returns in Bitcoin if you invest in fiat-denominated assets? What if the BTC/USD rate goes up by a factor 2, 5 or even 10?

Hi Rannasha,

The investment is more for people who want to safeguard BTC at the current prices, thus saving from any sort of price crashes, if there are any.

Regards
Team Invest Bitcoin
Post
Topic
Board Securities
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 09/04/2014, 14:41:25 UTC
Come on Sporket!!! We ain't hunting... Thanks for sharing that message though.. I must say that it's quite an interesting read Smiley

Our investments are gonna be the first of its kind, where we guarantee returns at the end of the term...

Hope that would help at least a wee bit....

Regards
Team Invest Bitcoin

Post
Topic
Board Securities
Topic OP
Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 09/04/2014, 14:02:29 UTC
Hi All,

To give you a brief introduction, we are part of the Invest Bitcoin team.

We will be launching our services shortly in India and worldwide, where we encourage investors to invest their Bitcoin/s with us and we in turn deposit the amount in various Government bonds, deposits and schemes, which would enable our investors to earn guaranteed returns at the end of the term.

Would highly appreciate your support in making this a success. Do like us on our Facebook page and follow us on Twitter to get the latest updates.

PS: we are still in our pre-launch stage and hence, haven't published the link to our website. Will provide the details when we are ready for launch.

Facebook link: https://www.facebook.com/pages/Invest-Bitcoin/260184967486696
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)

Regards
Team Invest Bitcoin
Post
Topic
Board Marketplace (India)
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 09/04/2014, 13:49:03 UTC
"Bitcoin is a currency and you can invest it as such.Think about it, when you have spare money in the bank, what is the best thing to do with it to make it grow. Invest it!"

@Invest Bitcoin we guarantee returns!!

Regards
Team Invest Bitcoin
Post
Topic
Board Marketplace (India)
Re: Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 08/04/2014, 15:28:00 UTC
buy sell allowed in the site ?   Tongue

Sorry chandan,

We are not a trading platform. We only allow investors/ customers to invest their Bitcoin with us and we ensure that they earn profits through secure deposit options that we offer.

Regards
Team Invest Bitcoin
Post
Topic
Board Marketplace (India)
Topic OP
Invest Bitcoins due to launch shortly!!
by
Invest Bitcoin
on 08/04/2014, 12:48:05 UTC
Hi All,

To give you a brief introduction, we are part of the Invest Bitcoin team.

We will be launching our services shortly in India and worldwide, where we encourage investors to invest their Bitcoin/s with us and we in turn deposit the amount in various Government bonds and deposits and schemes, which would enable our investors to earn guaranteed returns at the end of the term.

Would highly appreciate your support in making this a success. Do like us on our Facebook page and follow us on Twitter to get the latest updates.

PS: we are still in our pre-launch stage and hence, haven't published the link to our website. Will provide the details when we are ready for launch.

Facebook link: https://www.facebook.com/pages/Invest-Bitcoin/260184967486696
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)

Regards
Team Invest Bitcoin
Post
Topic
Board India
Re: Welcome to Indians
by
Invest Bitcoin
on 08/04/2014, 12:28:30 UTC
Hi All,

To give you a brief introduction, we are part of the Invest Bitcoin team.

We will be launching our services shortly in India and worldwide, where we encourage investors to invest their Bitcoin/s with us and we in turn deposit the amount in various Government bonds and deposits and schemes, which would enable our investors to earn guaranteed returns at the end of the term.

Would highly appreciate your support in making this a success. Do like us on our Facebook page and follow us on Twitter to get the latest updates.

PS: we are still in our pre-launch stage and hence, haven't published the link to our website. Will provide the details when we are ready for launch.

Facebook link: https://www.facebook.com/pages/Invest-Bitcoin/260184967486696
Twitter: https://twitter.com/Invest_Bitcoin (@Invest_Bitcoin)

Regards
Team Invest Bitcoin