Topic: BTCjam - Any Thoughts or Experiances - page 23. (Read 57514 times)
I know a guy in my neighborhood that bought a lot of fake id's from deepweb and then faking photos with id's in photoshop. BtcJam approved them memberships and then he fraud from 5 different accounts. Nobody catch him, now he is in a foreign country. I heard he did this multiple times and scam a lot of money. That's why I don't use BtcJam anymore, they do absolutely nothing about scams.
"Well what collateral did you mean, was a valid one?(example altcoins or a big rate account) did it cover the amount and the interest and where?here or on BTCjam?I see that you have a negative trust from @Vod for asking a 50BTC on Jam, i rememeber that loan and i undarstand everyone with concerns when you come and ask for 50BTC with out any reputation on BTCjam for the investors or a valid project+collateral to secure it from here.I remember that we have add you on a private investors group (with wellknown members from BTCjam) to discuss your loan and help fund you but with no success as you never responded.Anyway about the weekly payments i understand that, i had many weekly loans in the past but it is also the same in the end, if you keep every week and make one payment per month, weekly payments was better for investing but again you can take a loan and make a payment or more (weekly) earlier to award your investors so it is something you can fix your own...The mainly problem i beleive is the fix rate which in some cases you cant accept it... and the time to review the loan.
P.S.:About your negative trust i beleive that if you explain your project and intensions to @Vod and discusses it, i am sure that he is willing to remove it.
Kind Regards,
BTC-Bank."
by collaterals i mean a car a house or other solutions that can cover investors this loan of 50 btc never goes to 70% so never funded even i ask for help from many escorts
i have discuss in the past with @Vod but with no success, i have provide him the btc address he ask for any extra info
P.S.:About your negative trust i beleive that if you explain your project and intensions to @Vod and discusses it, i am sure that he is willing to remove it.
Kind Regards,
BTC-Bank."
by collaterals i mean a car a house or other solutions that can cover investors this loan of 50 btc never goes to 70% so never funded even i ask for help from many escorts
i have discuss in the past with @Vod but with no success, i have provide him the btc address he ask for any extra info
I didnt say that you where funded or asked for help i just said that i liked your loans and wanted to discusses it back then as we are from the same country,as said before i have also support you on one of yout loans..I believe that there is an irony about the car and a house so anyway i just wanted to help and respond to your previous post.Be well kapetan.
P.S.: Sorry to hear that didnt work with @Vod.
Kind Regards,
BTC-Bank.
My experience so far is that during 1 year, I have been able to bring back home only a little less than 50% of the invested amount. Even lending only to the highest rated people. It is full of scammers and I said bye bye to those coins.
"Well what collateral did you mean, was a valid one?(example altcoins or a big rate account) did it cover the amount and the interest and where?here or on BTCjam?I see that you have a negative trust from @Vod for asking a 50BTC on Jam, i rememeber that loan and i undarstand everyone with concerns when you come and ask for 50BTC with out any reputation on BTCjam for the investors or a valid project+collateral to secure it from here.I remember that we have add you on a private investors group (with wellknown members from BTCjam) to discuss your loan and help fund you but with no success as you never responded.Anyway about the weekly payments i understand that, i had many weekly loans in the past but it is also the same in the end, if you keep every week and make one payment per month, weekly payments was better for investing but again you can take a loan and make a payment or more (weekly) earlier to award your investors so it is something you can fix your own...The mainly problem i beleive is the fix rate which in some cases you cant accept it... and the time to review the loan.
P.S.:About your negative trust i beleive that if you explain your project and intensions to @Vod and discusses it, i am sure that he is willing to remove it.
Kind Regards,
BTC-Bank."
by collaterals i mean a car a house or other solutions that can cover investors this loan of 50 btc never goes to 70% so never funded even i ask for help from many escorts
i have discuss in the past with @Vod but with no success, i have provide him the btc address he ask for any extra info
P.S.:About your negative trust i beleive that if you explain your project and intensions to @Vod and discusses it, i am sure that he is willing to remove it.
Kind Regards,
BTC-Bank."
by collaterals i mean a car a house or other solutions that can cover investors this loan of 50 btc never goes to 70% so never funded even i ask for help from many escorts
i have discuss in the past with @Vod but with no success, i have provide him the btc address he ask for any extra info
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015.i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @thy! These are the previous loans which have been listed before the update, now the system let you to choose only from 30 , 60, 90 and 365days with new additional terms added 120 and 270days, also the payment cycle have change too, now is only possible for 1st, 5th and 10th.
I just check it to be sure!
Another new update on the site is that we cant anymore sell defaulted notes (i don't know if it is only temporary) did anyone notice that or found a post about this?
Kind Regards,
BTC-Bank.
Yes i agree with you i didnt thought about a time limit, i believe that they won't make a limit to selling notes as is profitable for both parties and also there is the problem with arbitration as you mention..I have contact support couple months ago with some suggests about note market as is one of my favorites sections, it was about organize it better because it cost a lot of time to trade notes as borrower category is confused on searching and they can separate it to healthy, overdue and defaulted notes.I hope that we will see only good changes from now on and i will update if they publish any information.
Kind Regards,
BTC-Bank.
Lent 0.1 btc, the guy did not repay a penny ...
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015.i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @thy! These are the previous loans which have been listed before the update, now the system let you to choose only from 30 , 60, 90 and 365days with new additional terms added 120 and 270days, also the payment cycle have change too, now is only possible for 1st, 5th and 10th.
I just check it to be sure!
Another new update on the site is that we cant anymore sell defaulted notes (i don't know if it is only temporary) did anyone notice that or found a post about this?
Kind Regards,
BTC-Bank.
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015.i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @thy! These are the previous loans which have been listed before the update, now the system let you to choose only from 30 , 60, 90 and 365days with new additional terms added 120 and 270days, also the payment cycle have change too, now is only possible for 1st, 5th and 10th.
I just check it to be sure!
Another new update on the site is that we cant anymore sell defaulted notes (i don't know if it is only temporary) did anyone notice that or found a post about this?
Kind Regards,
BTC-Bank.
https://btcjam.com/listings/39274 has first investment 2015-03-29
https://btcjam.com/listings/39364 has first investment 2015-03-30
https://btcjam.com/listings/39591 has first investment 2015-04-01
https://btcjam.com/listings/39474 has first investment 2015-03-31
Yes it must be a bug but i saw also that it still exist on investing section the choice 7-30 days when i filter loans, probably they will remove the 7 or replace it with the new days added after this loans will be funded/activated..Anyway i dont know what is your opinion but i really dont like most of their changes special the fix rate which will make many good borrowers to avoid loaning, example Craig already delete his big one...and the notes now, did you check it?I am sure for the defaulted notes but i don't know for the overdues, i know that selling defaulted notes sounds like a ponzi because in many cases the last one burned but there are members which buying them for gambling as the difference of the price can touch 0.01% or investing in members like Mac, gas7uazz which are near to deafaulted but still looking for a solution.
Kind Regards,
BTC-Bank.
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015.i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @thy! These are the previous loans which have been listed before the update, now the system let you to choose only from 30 , 60, 90 and 365days with new additional terms added 120 and 270days, also the payment cycle have change too, now is only possible for 1st, 5th and 10th.
I just check it to be sure!
Another new update on the site is that we cant anymore sell defaulted notes (i don't know if it is only temporary) did anyone notice that or found a post about this?
Kind Regards,
BTC-Bank.
https://btcjam.com/listings/39274 has first investment 2015-03-29
https://btcjam.com/listings/39364 has first investment 2015-03-30
https://btcjam.com/listings/39591 has first investment 2015-04-01
https://btcjam.com/listings/39474 has first investment 2015-03-31
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015.i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @thy! These are the previous loans which have been listed before the update, now the system let you to choose only from 30 , 60, 90 and 365days with new additional terms added 120 and 270days, also the payment cycle have change too, now is only possible for 1st, 5th and 10th.
I just check it to be sure!
Another new update on the site is that we cant anymore sell defaulted notes (i don't know if it is only temporary) did anyone notice that or found a post about this?
Kind Regards,
BTC-Bank.
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
There is still people listing loans with payment cycle less than 1 month(every 3 days and weekly payment is still possible options) so btcjam hasent implemented the thing you mentioned that they posted on there blog the March 27, 2015. i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Well what collateral did you mean, was a valid one?(example altcoins or a big rate account) did it cover the amount and the interest and where?here or on BTCjam?I see that you have a negative trust from @Vod for asking a 50BTC on Jam, i rememeber that loan and i undarstand everyone with concerns when you come and ask for 50BTC with out any reputation on BTCjam for the investors or a valid project+collateral to secure it from here.I remember that we have add you on a private investors group (with wellknown members from BTCjam) to discuss your loan and help fund you but with no success as you never responded.Anyway about the weekly payments i understand that, i had many weekly loans in the past but it is also the same in the end, if you keep every week and make one payment per month, weekly payments was better for investing but again you can take a loan and make a payment or more (weekly) earlier to award your investors so it is something you can fix your own...The mainly problem i beleive is the fix rate which in some cases you cant accept it... and the time to review the loan.
P.S.:About your negative trust i beleive that if you explain your project and intensions to @Vod and discusses it, i am sure that he is willing to remove it.
Kind Regards,
BTC-Bank.
hi
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
i have try in the past to take a loan with collateral, but with no success
unfortunately there is no p2p lending service with collateral yet
now about http://blog.btcjam.com/
"Payment cycle options reduced
Four payments a month is just too many… and if you miss a payment, it could hurt your credit score. Our new monthly loans make repayment easy as it matches your schedule. Payments are only on a monthly basis only."
i always pay in these 3 loan per week never had an issue, all times pay days early or on the time.
If they want to help they can leave payment per week and 15 days. Some investors like to receive their payment per week or asap.
Hello @kapetan yes i know about your loans i have invest in one of them, they have make many changes lately as monthly payments only, fixed rates, review loans from an antifraud agent (which really annoying in many cases), 14 days funding for all and generally they try to improve their services..you can follow their blog for more news..i beleive that if they where more fast on reported loans as me and others have report a lot of them in the past from obvious scams and block their withdrawl we may have save some coins..anyway there are a lot of scams there and i agrre with @crazyivan the only lend it can really work is here or anywhere with collateral.Scams are hard to block it in all crypto world as they grow they technics in system as fast as we getting in crypto.
Kind Regards,
BTC-Bank.
Kind Regards,
BTC-Bank.
Generally good
i have take 3 loans there all of them has per week payments.
now this is removed and only allowed per month only payment why ?
i like to be per 1 , 3 , 7 ,15 , 30 days not 30 days only
yes there are many scammers in crypto world and we must find a way to block them
i have take 3 loans there all of them has per week payments.
now this is removed and only allowed per month only payment why ?
i like to be per 1 , 3 , 7 ,15 , 30 days not 30 days only
yes there are many scammers in crypto world and we must find a way to block them
Until lending websites introduce some form of investor protection, investing in lending s no different then BTC gambling. You can have all possible info about the lender, he can have great credit history and still can turn bad and you will not be able to do anything about it. BTCjam providing us with info of the lender means nothing to me, what am I going to do with personal info from a lender in Austria or China or Brazil?
The only thing which works here s collateral.
The only thing which works here s collateral.
I agree completely. I have dozens of awards of information. What good is it to me when the guy only owes me $0.67. BTCjam is basically ripping off investors by encouraging them to diversify on their site. That only ensures that you will get scammed and when you get an award for the scam it won't be worth your effort to try and collect. Great for scammers, bad for investors.
Until lending websites introduce some form of investor protection, investing in lending s no different then BTC gambling. You can have all possible info about the lender, he can have great credit history and still can turn bad and you will not be able to do anything about it. BTCjam providing us with info of the lender means nothing to me, what am I going to do with personal info from a lender in Austria or China or Brazil?
The only thing which works here s collateral.
The only thing which works here s collateral.
From my experience you cant avoid scam or fails, you can be more carefull but you cant avoid it even from the most reputable members , always there will be red in your calender, i have sell more than 200 overdue notes (and think that, i am small investor) and burn more than 4BTC there and still fall on scams or failed, with new red coming everyday..Anyway you can stay more carefull as i said but is not easy to stay green on all..The positive is that you learn a lot of things around, you help people, (also) earn interest and have experience.
Kind Regards,
BTC-Bank.
Yes, people learn from mistakes and experiences of being scammed, but they seem to have too much scams for me, so yeah.... Kind Regards,
BTC-Bank.
Sooo, btcjam introduced reviews of new listings and it looks like it's deployed already. I'm just wondering, if they hire some new staff, since their support answering time sucks, so they can be able to review listing on time? Well, maybe it's time to leave this platform.
In my opinion they are going from worse to worst as they adding more useless ''improvements'', they review a loan i want to invest in so they can decide better than me where i want to invest!and as the loan will be review from a anti fraud specialist and it will be ok, none sign of fraud!It will be ok to invest in so if the borrower will scam me and i had the secure from the anti fraud agent reviewer which have analyze it when i invest in, will i get my Bitcoins back?My point is that there will be more organized scammers attempting for greater Bitcoins scam loans!Many members special new ones will fall in with bigger investments as they will feel more ''secure'' from this!
Unacceptable wrong they must take some serious improvements on the security and shield better borrowers profile and not just review a loan from an anti fraud agent which will cost me more time to invest on the borrower i want to and will may declined good borrowers also.
Example from last days, two friends of mine has decide to cancel the loan one for the standard interset which in some times it is unaffordable and the other want to give a bonus loans for a thank you for his big loan he get yesterday and get mad because he see that was in a review and delete it, he decide to make 2 more payments for a thank you!They will loss in all cases with those type improvements which actually doesnt improve anything!
@BTCjam do you want to make security improvements add borrowers with collateral (example:altcoins) and borrowers with not! or make/find an insurance programm for those who want to be more safe...i am not an expert but there are so many solutions if you try...
Kind Regards,
BTC-Bank
Sooo, btcjam introduced reviews of new listings and it looks like it's deployed already. I'm just wondering, if they hire some new staff, since their support answering time sucks, so they can be able to review listing on time? Well, maybe it's time to leave this platform.
Jump to: