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How do you come out ahead buying shares with bitcoin?

Started by ryanhn1968 2018-08-05 at 14:49
7 replies to this topic
ryanhn1968
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Posted 2018-08-05 at 14:49
I've been doing some math. I bought 50 shares with bitcoin. I'm currently a monthly silver member, so my withdrawals are limited to $20 each. With the $5 withdrawal fee on bitcoin withdrawals that I just came across here in the forum it's going to cost me a whopping $75 for the 15 withdrawals it will take withdraw the full $300 from my shares balance as it becomes available. Since I'm only making $50 off the shares I end up losing $25. Now, I could upgrade my membership to yearly gold which would increase my withdrawal limit to $50, cutting down the number of withdrawals to 6 for a total of $30 in fees, leaving $20 profit, but then I'm down $80 after the cost of the membership upgrade. All of my deposits and purchases on this site have been made via bitcoin so I don't meet the minimum 10% deposit requirement to use another payment processor to withdraw the funds (not that I'm signed up with any of the other options anyway--what ever happened to Skrill becoming available for withdrawals admin?) So does anyone have any thoughts? Any idea how I can withdraw the $300 when the shares mature without ending up losing money? Mind you, the first person who answers "Upgrade to Diamond" I'm gonna reach through the internet and strangle them.
« Last Edit: 2018-08-05 at 14:59 by ryanhn1968 »
g4m3rx
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Posted 2018-08-06 at 20:38
Quote: ryanhn1968
Mind you, the first person who answers "Upgrade to Diamond" I'm gonna reach through the internet and strangle them.




I have no idea - have you asked the admin via a support ticket?
« Last Edit: 2018-08-06 at 20:38 by g4m3rx »
sptanwar
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Posts: 160
Posted 2018-08-07 at 04:49
Quote: ryanhn1968
I've been doing some math. I bought 50 shares with bitcoin. I'm currently a monthly silver member, so my withdrawals are limited to $20 each. With the $5 withdrawal fee on bitcoin withdrawals that I just came across here in the forum it's going to cost me a whopping $75 for the 15 withdrawals it will take withdraw the full $300 from my shares balance as it becomes available. Since I'm only making $50 off the shares I end up losing $25. Now, I could upgrade my membership to yearly gold which would increase my withdrawal limit to $50, cutting down the number of withdrawals to 6 for a total of $30 in fees, leaving $20 profit, but then I'm down $80 after the cost of the membership upgrade. All of my deposits and purchases on this site have been made via bitcoin so I don't meet the minimum 10% deposit requirement to use another payment processor to withdraw the funds (not that I'm signed up with any of the other options anyway--what ever happened to Skrill becoming available for withdrawals admin?) So does anyone have any thoughts? Any idea how I can withdraw the $300 when the shares mature without ending up losing money? Mind you, the first person who answers "Upgrade to Diamond" I'm gonna reach through the internet and strangle them.


I agree it seems to be a losing proposition.
alvy00
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Posts: 7
Posted 2018-08-07 at 06:18
Quote: g4m3rx
Quote: ryanhn1968
Mind you, the first person who answers "Upgrade to Diamond" I'm gonna reach through the internet and strangle them.




I have no idea - have you asked the admin via a support ticket?


How much u have earned so far..???

And is it profitable..???
g4m3rx
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Posts: 1072
Received: $5071.1100
Main balance: $774.4564
Referrals: 1000
Posted 2018-08-07 at 20:02
alvy00

It is profitable. I regret not investing here earlier.
caligularomio
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Posted 2018-08-07 at 20:12
Quote: g4m3rx
alvy00

It is profitable. I regret not investing here earlier.