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Topic: [ANN] BTCJam - Peer to Peer Bitcoin Lending - page 21. (Read 204979 times)

hero member
Activity: 686
Merit: 500
what does the 88.00% matter? it isn't as if you're actually going to see a return on that lasting, so it might as well be 8800.00%...

=squeak=


I don't really understand mate . Check the link that I gave above .
If I lend him let's say 0.03 BTC now . when and how much I will get back exactly ? It says "Term : 90 days" , that should be from the day he made that thread or whatever or from the day I loaned him ? Kinda confusing to be honest .
sr. member
Activity: 450
Merit: 250
what does the 88.00% matter? it isn't as if you're actually going to see a return on that lasting, so it might as well be 8800.00%...

=squeak=
hero member
Activity: 686
Merit: 500
=> https://btcjam.com/listings/35109-ucicoin-real-assets-backed-coin-and-keeps-the-air-clean-2
I don't understand how it works to be honest . Title of the page says "Get 88.00% by investing blabla ...."
If I click invest , and send the money . I should get my money back when exactly ? and with 88.00%  (dosen't matter how much I send ? ) ?
Term => 90 days but from what ? from the time I sent or the time he made his asking-for-loan thing

Any help is highly appreciated guys
sr. member
Activity: 450
Merit: 250
Quote
Your note for the this listing has been sold to ####

Lol, there is a lot of info Cheesy. Is there some tool to track which money I put in, what I received and for how many it was sold?
Is there even a link to the note, in the first place?

=squeak=
sr. member
Activity: 304
Merit: 250
Quote
Your note for the this listing has been sold to ####

Lol, there is a lot of info Cheesy. Is there some tool to track which money I put in, what I received and for how many it was sold?
sr. member
Activity: 378
Merit: 250
Pre-sale - March 18
loans cant be paid, deleted, you guys owe people an explanation.
newbie
Activity: 5
Merit: 0
I've been using BTCJam for about 6 months and made pretty good returns on it. The staff is very professional, only one time the site was down and I got a little scared, but otherwise it was all good.

Of course you need to carefully choose who are giving your money to on the site, there are some scammers there that will just run away with your money once loans are activated. But the rating system in place can avoid you a lot of bad surprises.
sr. member
Activity: 325
Merit: 250
So is it worth investing in BTCJam ?

I have a few BTC, anyone earned from it and if so how ?

Cheers

Found my answer -

https://bitcointa.lk/threads/btcjam-is-a-fraud-get-out-now.307820/

 Embarrassed
sr. member
Activity: 325
Merit: 250
So is it worth investing in BTCJam ?

I have a few BTC, anyone earned from it and if so how ?

Cheers
EFS
staff
Activity: 3822
Merit: 2123
Crypto Swap Exchange
My identity was accepted but it stands still Identity verified: No
What's the problem? I also sent address verification but it's waiting for months. Nobody look there?
legendary
Activity: 2338
Merit: 1124
Many cheaters lately, I've lost almost half bitcoin with these.

Lucky you :-)

Late 1-30 days: ฿0.0482
Late 31-120 days: ฿1.0073
Default ฿2.2977

What I have learned so far: The KYC-proceedings of BTCJam ARE a joke. In fact, they DO NOT exist. I received some arbitration notes with information about some borrowers and just by looking at some details, it was immedeately obvious that the IDs were 100% fake. But BTCJam doesn't give a fuck.

I know how KYC-proceedings work, including PIP and PEP-checks. But there are no checks at all with BTCJam. So my advise: Stay away from them!
hero member
Activity: 1008
Merit: 501
Many cheaters lately, I've lost almost half bitcoin with these.
sr. member
Activity: 304
Merit: 250
Better question imo is: is someone giving a fuck about a service you implemented some time ago? Or are you just running it without any tweaks, updates or user support? There are many things to boost - if you don't have time for that, why dont you hire extra developer? I bet you can make nice money on that service!!
EFS
staff
Activity: 3822
Merit: 2123
Crypto Swap Exchange
My Address Verification Request is waiting for months. Why don't you still accept it?
hero member
Activity: 816
Merit: 1000
In the Bitcoin Addresses Tab, the form won't accept a withdrawal address.  Anybody else run into this?

nm, it sends you a verification email when you click save.
member
Activity: 107
Merit: 10
Is there a way to withdraw money from an investment if it didn't fund yet?
You can post a note, you do that in the investments page /listing_investments , then if someone buys your note they take over that investment and you get 96%(4% fee on sold notes) of the price you listed the note for.

thy there is alot of users (im one of them), that can't sell notes, since the system always ask for 2FA security. Still waiting for the support to solve the problem, and the solution is not disabling the 2Fa.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
They should really add something so investments could be modified.
thy
hero member
Activity: 685
Merit: 500
Is there a way to withdraw money from an investment if it didn't fund yet?
You can post a note, you do that in the investments page /listing_investments , then if someone buys your note they take over that investment and you get 96%(4% fee on sold notes) of the price you listed the note for.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Is there a way to withdraw money from an investment if it didn't fund yet?
newbie
Activity: 51
Merit: 0
Amazing support

Send ticket almost 2 weeks not yet replied

resend over 5 times still the same : No answer !!

Good job BTCJam you got a amazing support team

I totally agree!  Outstanding ticket re: bank verification for a month now. Asked for an update after three weeks, nada.
They do not seem capable of providing proper support for their site. This is a HUGE red flag considering the nature of the service offering. Be careful peeps.

Also, I recommend people create a dummy banking account for verification,  ie, dont use your day to day banking account info. Set up a separate, fee free account, drop $10 in it and forget it. Also, change your passwords before and after verification, just to be on the safe side. further, a banking statement should be sufficient to verify your banking anyway, they accept them as address verification so whats up with that?

On the service side, I also have to say that two weeks to fund a loan is not sufficient when people only risk 1000 sats at a time. We should be able to extend at 30-40% funded for a further week if not 2, 30 days max.

Anyone have a better suggestion for P2P lending that BTCJam?
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