Is investing in BTCJam considered a form of betting? - page 2.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: harizen on January 29, 2016, 02:58:33 PM

BTCjam received lots of negative feedbacks now. There's also a thread here about those person involved. You might want to check that.

Rather than thinking of joining BTCjam, why not offered a micro loans in lending section here? Same risk but much convenient.

As well as this, you'll gain a reputation and you can possibly branch out into other trades and services.

BTCJam is definitely worse than doing some loans on here.

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: harizen on January 29, 2016, 02:58:33 PM

BTCjam received lots of negative feedbacks now. There's also a thread here about those person involved. You might want to check that.

Rather than thinking of joining BTCjam, why not offered a micro loans in lending section here? Same risk but much convenient.

Less risk lending here as every one demands collateral which BTCJam does not offer. You are better off playing dice with your funds than lending them on Jam.

kotwica666

legendary

Activity: 2282

Merit: 1035

Investing in gambling is a form of gambling. You must remember that someone might get lucky - hit the jackpot, and you might as well lose on that. It's a bit as if you bet on someone's bad luck

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

BTCjam received lots of negative feedbacks now. There's also a thread here about those person involved. You might want to check that.

Rather than thinking of joining BTCjam, why not offered a micro loans in lending section here? Same risk but much convenient.

Blazed

legendary

Activity: 2128

Merit: 1119

It is worse than gambling as it is pretty much guaranteed you will lose out.

https://btcjam.com/stats

Look at "Total Investor Returns" it is in the negatives.... Almost at -20% for bitcoins lol.

phibay

sr. member

Activity: 448

Merit: 250

you mean investing in btcjam is form of gambling? i would say yes cuz of the risks involved on it. gambling is basically taking risks

anyway, i never made a single satoshi with btcjam, instead i lost when the loanee went to scam. after that i never used that site, once is enough

thejaytiesto

legendary

Activity: 1358

Merit: 1014

I have been looking at loaning some of my BTC since my stack is just sitting there being bored all day (I don't do much gambling since I want to limit myself otherwise I become addicted and lose way too much).

I wonder if BTCJam would be part of gambling, since it's pretty much raw luck in guess who is going to pay your loan back and not only this, but they run with the money and nothing seems to happen once you lose this money. It seems even A+ certified borrowers don't pay a lot of the time.

As anyone made any consistent money from this?

Topic: Is investing in BTCJam considered a form of betting? - page 2. (Read 1033 times)