Author

Topic: (BTCJam) Funded early by mistake & I'm short (Read 1579 times)

thy
hero member
Activity: 685
Merit: 500
oh, that's too bad..Is there a better way to communicate with BTCjam users?
The best way to communicate is probably to write a comment on the loan in question. There is also a facebook group(or two) that many investors/lenders is part of.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Hi is BTCJAM website down? I am not able to access it from yesterday.

http://www.downforeveryoneorjustme.com/btcjam.com
newbie
Activity: 31
Merit: 0
The same way planning your business or family budget, planning is an important part of using BTCJam. Our credit score takes into account open loans you have and we try to prevent scammers from opening more loans before they've repaid old ones.

The best is for you is probably to buy a less powerful mining hardware, repay the loan and then try again with a bigger loan from the get go. Always makes sense to go a bit bigger than what you really need, in case your loan gets only partially funded. We should make this clearer in our user education and I will forward this to our product team.

ncsupanda, I'm sorry you've had negative experiences. Can you elaborate? We've come along way in recent months with our credit scoring algorithm and also now have more support resources. I'd love to hear your inputs in how we can make the service better.

Hi is BTCJAM website down? I am not able to access it from yesterday.
full member
Activity: 135
Merit: 100
Support for the global P2P lending platform:BTCJam
The same way planning your business or family budget, planning is an important part of using BTCJam. Our credit score takes into account open loans you have and we try to prevent scammers from opening more loans before they've repaid old ones.

The best is for you is probably to buy a less powerful mining hardware, repay the loan and then try again with a bigger loan from the get go. Always makes sense to go a bit bigger than what you really need, in case your loan gets only partially funded. We should make this clearer in our user education and I will forward this to our product team.

ncsupanda, I'm sorry you've had negative experiences. Can you elaborate? We've come along way in recent months with our credit scoring algorithm and also now have more support resources. I'd love to hear your inputs in how we can make the service better.
legendary
Activity: 1628
Merit: 1012
oh, that's too bad..Is there a better way to communicate with BTCjam users?

Just don't use BTCjam. That's what anyone here who has any idea (from my experience) would tell you.
newbie
Activity: 10
Merit: 0
oh, that's too bad..Is there a better way to communicate with BTCjam users?
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
*Edit* I have a BFL 1 year contract @ 10/GHs Preorder if there is a way that can be used
as collateral, but I'm more looking to go through BTCJam if at all possible

Neither of those can be used as collateral.  BTCJam doesn't require collateral but has lots of scams - you won't get investor support from here.
newbie
Activity: 10
Merit: 0
I edited my post about that
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.

I had an open loan @ BTCJam for BTC1 @ 6% over 180 days. I funded
the loan when it got to 70% thinking it would still be open for investments(obviously not)

This makes me short the BTC for my mining goals, oops : P
So, I put up a refresh loan for BTC.75, which would make
the total higher then BTC1 but I had low balled the amount needed the first time.

Obviously it brought my credit down to a C, so the new loan is less seen
among other things. I was hoping it might get seen a bit more this way.
I only lurk here, so it would be the best to assess me on BTCjam stats which
is under the same alias "dairymaid".

This might be an odd looking loan request, but hopefully not too odd.
Thanks for giving this a read or possibly investing!

       DM




What are you putting up for collateral?
newbie
Activity: 10
Merit: 0
 
I had an open loan @ BTCJam for BTC1 @ 6% over 180 days. I funded
the loan when it got to 70% thinking it would still be open for investments(obviously not)

This makes me short the BTC for my mining goals, oops : P
So, I put up a refresh loan for BTC.75, which would make
the total higher then BTC1 but I had low balled the amount needed the first time.

*Edit* I have a BFL 1 year contract @ 10/GHs Preorder if there is a way that can be used
as collateral, but I'm more looking to go through BTCJam if at all possible

Obviously it brought my credit down to a C, so the new loan is less seen
among other things. I was hoping it might get seen a bit more this way.
I only lurk here, so it would be the best to assess me on BTCjam stats which
is under the same alias "dairymaid".

This might be an odd looking loan request, but hopefully not too odd.
Thanks for giving this a read or possibly investing!

       DM


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