0.25 BTC 7% Interest 30days - btcjam

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Campsis on June 04, 2014, 10:09:22 AM

Ok ,i did not know that the website was not safe incase of default

It is, your personal information will be provided to undertake legal action.

The thing is... why should I? Why go through this boring process for a penny when I can simply ask for a collateral or deny the loan?

No one here has an urge to lend coins, you know Grin

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: Vod on June 04, 2014, 10:05:47 AM

Quote from: Campsis on June 04, 2014, 09:53:23 AM

That's ok, i will do that in the future thanks for advice. I am although really unhappy about being given negative rep

Then stop using phrases such as "risk free". There is a non-zero risk you will simply run with the coins and not repay.

Ok ,i did not know that the website was not safe incase of default

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Campsis on June 04, 2014, 09:53:23 AM

That's ok, i will do that in the future thanks for advice. I am although really unhappy about being given negative rep

Then stop using phrases such as "risk free". There is a non-zero risk you will simply run with the coins and not repay.

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: Killerloop on June 04, 2014, 09:51:33 AM

Quote from: Campsis on June 04, 2014, 09:37:58 AM

Don't you think if i had collateral i wouldn't need the loan:)

You have a work -> use wages to purchese collateral -> get all loans you want and build your trust.

Believe me it is the only way, I am a lot more trustable than you and only managed to get 20$ (promptly repaid) without collateral.

That's ok, i will do that in the future thanks for advice. I am although really unhappy about being given negative rep

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Campsis on June 04, 2014, 09:37:58 AM

Don't you think if i had collateral i wouldn't need the loan:)

You have a work -> use wages to purchese collateral -> get all loans you want and build your trust.

Believe me it is the only way, I am a lot more trustable than you and only managed to get 20$ (promptly repaid) without collateral.

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: Killerloop on June 04, 2014, 09:35:18 AM

Quote from: Campsis on June 04, 2014, 09:31:19 AM

well i did not know that people default in there, i thought it was a legit website and reputation loan was something that everyone did. i dont know why people could not explain that to me before giving me negative reputation which i did not deserve, after all i have never scammed anyone in my life and i am honest person

Prove it. Get collateral, take a loan and repay it.
Words aren't worth one satoshi.

Don't you think if i had collateral i wouldn't need the loan:)

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Campsis on June 04, 2014, 09:31:19 AM

well i did not know that people default in there, i thought it was a legit website and reputation loan was something that everyone did. i dont know why people could not explain that to me before giving me negative reputation which i did not deserve, after all i have never scammed anyone in my life and i am honest person

Prove it. Get collateral, take a loan and repay it.
Words aren't worth one satoshi.

Campsis

member

Activity: 112

Merit: 10

WW3

well i did not know that people default in there, i thought it was a legit website and reputation loan was something that everyone did. i dont know why people could not explain that to me before giving me negative reputation which i did not deserve, after all i have never scammed anyone in my life and i am honest person

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: Campsis on June 03, 2014, 11:37:33 PM

Quote from: KWH on June 03, 2014, 11:35:31 PM

Quote from: Campsis on June 03, 2014, 11:24:11 PM

Hi everyone,

I am looking for a loan of 0.25 btc over 30days to increase my reputation

You will be paid weekly, with 7.3% interest !
I am fully verified member and in process of verifying my credit check aswell.

This is a risk free loan, if you are interested in lending it to me you can do so by clicking on this link :

https://btcjam.com/listings/13701

Thank you!

Reputation Loan #1
5_6_other.medium

Other

will fund at 70%

Follow this listing

Amount @ Rate
฿0.25000 @ 7.3%
Glyphicons_050_link BitstampUSD

Payment
฿0.06146

Weekly

Term
30 days

Expires
2 days

APR
278.94%
Expected loss
69.09%
Expected APR
209.85%

2% funded

BTC 0.24500 left
Invest!

Share

× The interest rate for this listing is below the recommended amount for this risk profile, invest with care.
Borrower Credit Rating
C -
Identity verified
yes
Personal References
3
Social Networks
yes
Credit score verified
no
PayPal verified
yes
Profile Completeness
80%
Borrower Reputation
0%
Positive: 0 Negative: 0

Risk free? How so?

How exatcly there is a risk ?

Well, you culd run away with the bitcoins at any given moment, How would the lenders be compensated?
When you put BTCjam in the title, no one will read the topic lol.

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Campsis on June 03, 2014, 11:55:51 PM

For giving me negative feedback you are getting one yourself now. Take care.

Too bad his counts almost... 100-1000 times yours. Negative feedback from newbies/heavily redflagged counts nothing.

Quote from: KWH on June 03, 2014, 11:43:51 PM

Btcjam loans are defaulted almost daily and nothing is done about it. Nothing.

This is not exactly true. Defaulting a BTCJam loan is not different from defaulting a loan in the real world.

They will use some kind of net-arbitrage whatever for some reason I do not understand and ultimately end up legally giving you the personal information of the insolvent.
From there you are on your own to pursue a judgment.

Personally I would not loan to anyone outside European Union, United States, Canada or UK because there I can send a bailiff to the borrower to collect outstanding debt.

Campsis

member

Activity: 112

Merit: 10

WW3

For giving me negative feedback you are getting one yourself now. Take care.

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: KWH on June 03, 2014, 11:49:13 PM

MrWDunne 0: -0 / +0(0) 2014-05-25 0.60000000 Reference Posting fake images to win auction.

Educate yourself and read up on btcjam.

What is this

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

MrWDunne 0: -0 / +0(0) 2014-05-25 0.60000000 Reference Posting fake images to win auction.

Educate yourself and read up on btcjam.

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: KWH on June 03, 2014, 11:43:51 PM

Quote from: Campsis on June 03, 2014, 11:41:03 PM

Quote from: KWH on June 03, 2014, 11:38:23 PM

How is there NOT a risk?

Well what about ::

I have my passport, my address verified in the website / Credit Check is being verified aswell and will be verified soon.

I have had ebay for over 8 years, paypal over 2-3 years. And if i default, i will be hunted down by debt collectors and i will be in BIG BIG trouble, i have also given access to coinbase to allow BTCjam take payments out of my bank account so they have protection if i were to default (which i wont)

So in all seriousness, there is no risk after all. I would not risk getting my referals on facebook being messaged saying why did you default on 0.25btc, it's ridiculous to think that i would.

Meaningless. Btcjam loans are defaulted almost daily and nothing is done about it. Nothing. You are high risk, only Trust you have is a negative, All your accounts could be stolen or throw away accounts.
Reputation loan is a huge red flag.
I ask again: How is this no risk?

Tell me exatcly what negative trust have i got ?.
So you're telling me that people who get funded 25btc, 30btc on daily basis could default but never do?. If there was nothing done about it, site would not exist in the first place..... Look at the site, there is too many reputation loans so it's not a red flag at all. I suggest you don't reply to this thread because all you do is waste my,and your time and not helping me at all, thanks.

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Campsis on June 03, 2014, 11:41:03 PM

Quote from: KWH on June 03, 2014, 11:38:23 PM

How is there NOT a risk?

Well what about ::

I have my passport, my address verified in the website / Credit Check is being verified aswell and will be verified soon.

I have had ebay for over 8 years, paypal over 2-3 years. And if i default, i will be hunted down by debt collectors and i will be in BIG BIG trouble, i have also given access to coinbase to allow BTCjam take payments out of my bank account so they have protection if i were to default (which i wont)

So in all seriousness, there is no risk after all. I would not risk getting my referals on facebook being messaged saying why did you default on 0.25btc, it's ridiculous to think that i would.

Meaningless. Btcjam loans are defaulted almost daily and nothing is done about it. Nothing. You are high risk, only Trust you have is a negative, All your accounts could be stolen or throw away accounts.
Reputation loan is a huge red flag.
I ask again: How is this no risk?

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: KWH on June 03, 2014, 11:38:23 PM

How is there NOT a risk?

Well what about ::

I have my passport, my address verified in the website / Credit Check is being verified aswell and will be verified soon.

I have had ebay for over 8 years, paypal over 2-3 years. And if i default, i will be hunted down by debt collectors and i will be in BIG BIG trouble, i have also given access to coinbase to allow BTCjam take payments out of my bank account so they have protection if i were to default (which i wont)

So in all seriousness, there is no risk after all. I would not risk getting my referals on facebook being messaged saying why did you default on 0.25btc, it's ridiculous to think that i would.

P.S i have been employed for 25years so i would have no problems paying it back at all.

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

How is there NOT a risk?

Campsis

member

Activity: 112

Merit: 10

WW3

Quote from: KWH on June 03, 2014, 11:35:31 PM

Quote from: Campsis on June 03, 2014, 11:24:11 PM

Hi everyone,

I am looking for a loan of 0.25 btc over 30days to increase my reputation

You will be paid weekly, with 7.3% interest !
I am fully verified member and in process of verifying my credit check aswell.

This is a risk free loan, if you are interested in lending it to me you can do so by clicking on this link :

https://btcjam.com/listings/13701

Thank you!

Reputation Loan #1
5_6_other.medium

Other

will fund at 70%

Follow this listing

Amount @ Rate
฿0.25000 @ 7.3%
Glyphicons_050_link BitstampUSD

Payment
฿0.06146

Weekly

Term
30 days

Expires
2 days

APR
278.94%
Expected loss
69.09%
Expected APR
209.85%

2% funded

BTC 0.24500 left
Invest!

Share

× The interest rate for this listing is below the recommended amount for this risk profile, invest with care.
Borrower Credit Rating
C -
Identity verified
yes
Personal References
3
Social Networks
yes
Credit score verified
no
PayPal verified
yes
Profile Completeness
80%
Borrower Reputation
0%
Positive: 0 Negative: 0

Risk free? How so?

How exatcly there is a risk ?

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Campsis on June 03, 2014, 11:24:11 PM

Hi everyone,

I am looking for a loan of 0.25 btc over 30days to increase my reputation

You will be paid weekly, with 7.3% interest !
I am fully verified member and in process of verifying my credit check aswell.

This is a risk free loan, if you are interested in lending it to me you can do so by clicking on this link :

https://btcjam.com/listings/13701

Thank you!

Reputation Loan #1
5_6_other.medium

Other

will fund at 70%

Follow this listing

Amount @ Rate
฿0.25000 @ 7.3%
Glyphicons_050_link BitstampUSD

Payment
฿0.06146

Weekly

Term
30 days

Expires
2 days

APR
278.94%
Expected loss
69.09%
Expected APR
209.85%

2% funded

BTC 0.24500 left
Invest!

Share

× The interest rate for this listing is below the recommended amount for this risk profile, invest with care.
Borrower Credit Rating
C -
Identity verified
yes
Personal References
3
Social Networks
yes
Credit score verified
no
PayPal verified
yes
Profile Completeness
80%
Borrower Reputation
0%
Positive: 0 Negative: 0

Risk free? How so?

Campsis

member

Activity: 112

Merit: 10

WW3

Please lock the thread, thanks.

Topic: 0.25 BTC 7% Interest 30days - btcjam (Read 825 times)