When i started my lending thread i wasnt aware of the "little borrowers ponzi" issue and none of the most trusted member adviced on it. The only "harsh" reply was from KenR. And yes, when you see an "harsh" reply to your post, you first get anger burning yourself and then, if you are a mature and understanding person, you start to ponder about the real reasons why you got such a slap on you face. Basically account's buyers/sellers aka account's farmers are repeteadly borrowing microloans in the attempt to build a fucking little ponzi scheme. And when they think they wont bother anymore, they just default, apparently "loosing" their collateral but indeed not giving a fuck about it as it was all planned as a scheme.
There is not so much defaulting behaviour within my borrowers but i can see where it is going to already...
Yes, account buying/selling on the forum is allowed...but it is discouraged. And accepting bitcointalk accounts as collaterals is NOT a discouragment: it is supporting the account farmers/ponzi!
Soooooo....i'm changing my lending policies (and so should do any lender accepting btct accounts as collateral) and i will not accept them as collateral anymore, unless: Sr/Hero/Legendary that will NOT ruin their trust for a few bucks...(high trusted greens are already borrowing from me without collaterals, tho).
Old borrowers with active loans that will default and had a collateral account, will NOT be sold, but i'll park them on hold somewhere in my old laptop, updating their signature with my lending service advertising, like i did with this fucker https://bitcointalksearch.org/user/darlesmole-663738
If you want to read more about what made me take this decision, here are some useful links:
https://bitcointalk.org/index.php?topic=1462756.0;topicseen
https://bitcointalksearch.org/topic/m.14712654
~Gun
