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Topic: [ANN] BTCJam - Peer to Peer Bitcoin Lending - page 37. (Read 204974 times)

hero member
Activity: 826
Merit: 500
I've had a payment stuck on "processing" for a few days now, I was just notified it was going to be late tomorrow.
Can you please cheeck on that thanks

( bitcointalk name verified )
vip
Activity: 1316
Merit: 1043
👻
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.

Yes, it is only after the terms change.

Will check the exact date and post it here.

It goes to arbitration after default (120 days late).



You didn't really explicitly specify. Only people that agree to judge.me are allowed to be judged, or ALL defaulted loans whether agreed or not go to judge.me?
It's so obvious that it's only people who agreed to judge.me. Otherwise, a few hundred loans more than 120 days late should have arbitration, no? And arbitration would be absolutely useless against those who have not agreed to it.
newbie
Activity: 28
Merit: 0
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.

Yes, it is only after the terms change.

Will check the exact date and post it here.

It goes to arbitration after default (120 days late).



You didn't really explicitly specify. Only people that agree to judge.me are allowed to be judged, or ALL defaulted loans whether agreed or not go to judge.me?
sr. member
Activity: 352
Merit: 250
Founder, BTCJAM
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.

Yes, it is only after the terms change.

Will check the exact date and post it here.

It goes to arbitration after default (120 days late).

legendary
Activity: 1680
Merit: 1035
Why not just display all verified records if people default?

Hell, I would lend money just so I can screw fraudster. With his records all over the internet, people would think twice to do business.

If the record is fraudulent then it's fraud. A criminal offense. In US, you can get years for that.

Because privacy laws.
hero member
Activity: 960
Merit: 514
Why not just display all verified records if people default?

Hell, I would lend money just so I can screw fraudster. With his records all over the internet, people would think twice to do business.

If the record is fraudulent then it's fraud. A criminal offense. In US, you can get years for that.
sr. member
Activity: 272
Merit: 250
It is looking ever more likely that Ziggap has defaulted on their loan. Where do we all stand in terms of their info being released to the lenders, to an arbitration company etc? It is definitely the biggest default on BTCJam by a long stretch.

By my reckoning they owe over 900BTC including interest, or around 500BTC to pay off the capital. Either way that's a considerable amount of money.
vip
Activity: 1316
Merit: 1043
👻
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.
Obviously not?

Would like to hear it specified, despite obviousness these technicalities are of importance.
There is zero chance that a ruling will be enforced if a party has not agreed to the arbitration.
newbie
Activity: 28
Merit: 0
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.
Obviously not?

Would like to hear it specified, despite obviousness these technicalities are of importance.
vip
Activity: 1316
Merit: 1043
👻
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.
Obviously not?
newbie
Activity: 28
Merit: 0
People that have loans BEFORE the judge.me implementation, are they subject to judge.me or anything of the likes? It wouldn't make sense if they are, since they didn't agree to that contract.
member
Activity: 118
Merit: 10
Hi,
Is there a problem with the automatically payment?

This morning when I checked, my loan was not paid, and I did have enough funds on my account, I also have enabled the automatically payment in my settings.

There was no problem when I clicked the button manually to pay my load for this week.

/AlexC
hero member
Activity: 490
Merit: 500


What determines what gets passed to judge.me? Would it have to be above a certain amount? Do you recover any of the fees from anything recovered through arbitration?

I'm hoping this will make a big dent in the amount of scammers on this site.

I'd imagine that loans under the fees for judge.me would not go to arbitration as it would be a waste of financial resources (1 BTC loans going to arbitration costing $299 would seem silly), but I will leave it to Tulkas to define those terms (and specify in the terms of use).
sr. member
Activity: 352
Merit: 250
Founder, BTCJAM
newbie
Activity: 13
Merit: 0
Who pays the judge.me fees?  I believe it is $298

The fees are paid by BTCJam.

What determines what gets passed to judge.me? Would it have to be above a certain amount? Do you recover any of the fees from anything recovered through arbitration?

I'm hoping this will make a big dent in the amount of scammers on this site.
newbie
Activity: 13
Merit: 0
How do I put a loan up for judgment? As I have a load of missed payments on loans I made.

Phil

I don't think you can do this on past loans. It only applies to loans created from now onwards.
hero member
Activity: 866
Merit: 1001
How do I put a loan up for judgment? As I have a load of missed payments on loans I made.

Phil
hero member
Activity: 826
Merit: 1000
Boonies4u, the payments are now updated, please verify!

Confirmed.
sr. member
Activity: 352
Merit: 250
Founder, BTCJAM
Speaking of the motion. Under the approved field it is still listed as "voting in progress" when the voting period should have expired two days ago.

The motion is now listed as approved but my remaining payments/installments have not reflected the change.

Thank you for working with me on this Tulkas.



Boonies4u, the payments are now updated, please verify!

sr. member
Activity: 352
Merit: 250
Founder, BTCJAM
Speaking of the motion. Under the approved field it is still listed as "voting in progress" when the voting period should have expired two days ago.

The motion is now listed as approved but my remaining payments/installments have not reflected the change.

Thank you for working with me on this Tulkas.

Yes, the system to automatically change the terms is being finished Smiley

Thanks for helping on our first motion. The payments should change shortly.
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