Topic: BTC Jam is an absolute joke - page 2. (Read 1360 times)
Just stay away from any Bitcoin lending sites. Most of the stories if not all are bogus and I sometimes wonder if the verified details are even legit or they are fake ID's as well. Honestly I have read some preposterous sob stories over there that smell like scam half a globe away. What else can you expect when a lot of online fraudsters are attracted to Bitcoin because of its anonymity and irreversibility. My advice is not to bother with any loans the headaches are not worth the profit if any because it's very hard to find legitimate borrowers who won't default.
I have been lending over there since Nov 2015 and i cant believe the amount of default that goes on. seriously thank goodness i only tried it out with 0.2BTC but as things stand i am down -12% for the year so far. Stay well clear in my opinion. Its sad to say but most human beings will steal when they think they can get away with it. 
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