Lending bitcoins | Bitcointalksearch.org

Wandering Soul~

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Wolf

Quote from: mrcash02 on May 06, 2017, 09:46:26 PM

As was said here, the problem is the collateral, until now I didn't find any worthful collateral to start a lending money business. Altcoins lose price fast and if someone has funds in Altcoins, he can just convert it to BTC, so why would this one borrow money?

And physical items, what would be nice to have as collateral, is impossible as we live in very far away countries and the mail costs are expensive and I think nobody would want to do it just to borrow money. There are better ways to earn money online...

There are also people who are investing on altcoins and we all know that in some cases the longer you wait for the higher the chance of gaining more profits that's why its better to lend it instead of selling it as there are tumes when a certain price has a low chance of coming back . Lenders are always looking for a stable altcoins like dash or eth the price won't drop that fast .

The collateral should be transfer digitally and easy to sell to be valid .

Heruur

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Quote from: fluidjax on May 06, 2017, 03:52:46 AM

Quote from: Heruur on May 05, 2017, 02:09:48 PM

Quote from: nikkisnowe on May 05, 2017, 09:23:38 AM

I'm an looking for lenders for a current project I'm working on. I'm willing to take on short term loans at a 10% weekly rate. I am setting up restaurants in the San Francisco area with the ability to accept bitcoins . We will recover 3% of all future Bitcoin transactions at the restaurant. As it is just starting out I need some initial start up funds. Lend your bitcoins to: 1FH6TuVZW9Z2q3Djc56h3tLYGce8X8EVWZ
7 days from your loan I will return your funds with an additional guaranteed 10%.
Thanks.

You have to use multisignature wallet like bitgo and give one key to the community member like me for exemple Grin

A man/woman in a disguise walks into a bank, shows an ID (possibly fake) and asks the bank to borrow some money, the bank says what will you use as collateral, they say, don't worry this other person who is also in a disguise with no ID, says they'll make sure everything is legitimate.
Do you think a bank would lend any money?
The whole point of Bitcoin is you do not need to trust a central authority, so don't transfer trust to another, if you want to lend money, get a land registry document, car registration document or something similar as collateral, or get ready to be disappointed.

It was a joke Grin

. But with multisignature you could propose this kind of services with a plateform if you respect KYC/AML of course

In the case of an ICO project, a third party is often appointed to guarantee that the funds will not recover without respecting the token crowdsales conditions.

unluckyben

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Might wanna check out xCoins. It's some sort of platform where you can lend Bitcoin securely.
The only downside is chargebacks that might occur.

Supercrypt

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Quote from: NikS13 on May 05, 2017, 05:30:24 AM

Does anyone know a site where I can lend bitcoins? I prefer not a long lending time. I know bitbond but maybe there are better ones, and is it completely safe?

You may lend everywhere as long as you will be conspicuous about acquiring collateral which will be more value than your lending out amount. I agree the platform where you will be conducting your lending business should be supportive for dealing against scammers so carefully choosing the sites i more important.

I suggest you to have a blog kind of web pages to list out to your offers on lending and then promote your business through social media. But always deal only with collateral. But my first suggest too, conduct lending business here in this forum.

betlord90

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Quote from: BitMaxz on May 06, 2017, 06:54:48 PM

I think BTCjam is not good place right now because of many scammers.. also for those not well known site beware. .
i think the best site for now like other said to lend are here in forum and poloniex other than that never heard a safe place to lend your money to someone.. the other mention here never heard those site..

But upon searching i found this bitcoin lending sites
https://www.bitbond.com/ and this one www.kiva.org from google ads.. if you have less info better to don't try any lending site and much better to stay to lend here in forum,

I never tried to open some lending site outhere since im avoiding to get some debts to the other people thats why im not familiar at them. But if im gonna let myself to do that much better if i just lend onhere and find trustworthy guy that can handle my collateral more better. Lending some money got risk since our collateral might be get by the lender if we can't pay our debts on proper time as discussed between lender and the barrower.

mrcash02

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As was said here, the problem is the collateral, until now I didn't find any worthful collateral to start a lending money business. Altcoins lose price fast and if someone has funds in Altcoins, he can just convert it to BTC, so why would this one borrow money?

And physical items, what would be nice to have as collateral, is impossible as we live in very far away countries and the mail costs are expensive and I think nobody would want to do it just to borrow money. There are better ways to earn money online...

BitMaxz

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Block halving is coming.

I think BTCjam is not good place right now because of many scammers.. also for those not well known site beware. .
i think the best site for now like other said to lend are here in forum and poloniex other than that never heard a safe place to lend your money to someone.. the other mention here never heard those site..

But upon searching i found this bitcoin lending sites
https://www.bitbond.com/ and this one www.kiva.org from google ads.. if you have less info better to don't try any lending site and much better to stay to lend here in forum,

ePesoInitiative

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I don't think borrowers will be able to pay the interest plus the rising price of BTC.

Best to try your luck with Poloniex. You can lend your coins to margin traders.

VINSIN

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Why you don't lend to a friend or to get a deposit in bitcoins with a year interest. I don't see the point of lending bitcoins to strangers.

In any cases I saw a few days ago a site neubus or smth like that. I don't know how actually works but you should give them a try. Just type on google bitcoin lending and there will be a lot of opportunities.

Mometaskers

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Quote from: crazyivan on May 06, 2017, 05:21:55 AM

The main problem is collateral. Lending without it impossible and scammers always prevail.

What do you think why banks do not lend money without collateral? It s simply impossible.

Even banks end up not pursuing so borrowed money, for example credit card loans. If banks can't pursue these people which they have all the information for identity, what make OP think it would be easy to go after someone he just met online.

betlord90

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Why go for another site while theirs a lending section existing in this furom but you need to brought up some valid collateral that can make those lender assured that you would pay for the debs you owed from them and aside from that i don't know other site offering that since im not totally a lender at all since i avoid to owe some money from the other people out here.

crazyivan

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The main problem is collateral. Lending without it impossible and scammers always prevail.

What do you think why banks do not lend money without collateral? It s simply impossible.

Denker

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Quote from: NikS13 on May 05, 2017, 05:30:24 AM

Does anyone know a site where I can lend bitcoins? I prefer not a long lending time. I know bitbond but maybe there are better ones, and is it completely safe?
Lmk Cheesy

Nik

I wouldn't lend out Bitcoin! Most of the platforms who offered this kind of service where scams or used by scammers.
Just buy and hold. Everytime you have some spare money left buy a bit more. In a few years you will not regret that.

fluidjax

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Activity: 750

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Quote from: Heruur on May 05, 2017, 02:09:48 PM

Quote from: nikkisnowe on May 05, 2017, 09:23:38 AM

I'm an looking for lenders for a current project I'm working on. I'm willing to take on short term loans at a 10% weekly rate. I am setting up restaurants in the San Francisco area with the ability to accept bitcoins . We will recover 3% of all future Bitcoin transactions at the restaurant. As it is just starting out I need some initial start up funds. Lend your bitcoins to: 1FH6TuVZW9Z2q3Djc56h3tLYGce8X8EVWZ
7 days from your loan I will return your funds with an additional guaranteed 10%.
Thanks.

You have to use multisignature wallet like bitgo and give one key to the community member like me for exemple Grin

A man/woman in a disguise walks into a bank, shows an ID (possibly fake) and asks the bank to borrow some money, the bank says what will you use as collateral, they say, don't worry this other person who is also in a disguise with no ID, says they'll make sure everything is legitimate.
Do you think a bank would lend any money?
The whole point of Bitcoin is you do not need to trust a central authority, so don't transfer trust to another, if you want to lend money, get a land registry document, car registration document or something similar as collateral, or get ready to be disappointed.

FasTroy

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Quote from: KuromaYoichi on May 05, 2017, 02:19:14 PM

Isn't any exchange site like poloniex provide the lending feature? you can also lend bitcoin here in lending section but i don't know about the interest rate. You should forget about lending if you want to search something safe as there's so many scammers that it isn't worth for the little amount of interest.

You are right, There is a lot of scammer who want loan without any worth collateral of the amount of loan. So doing that staff is risky. But if you are dealing with high trust member here, there is no fear to lose your money. You can lend your money without fear of scamming. Anyways, This is a good domain for making some profit but when we do that we should be smart and do not give our money to any unkown person here.

Hutalar

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Quote from: NikS13 on May 05, 2017, 05:30:24 AM

Does anyone know a site where I can lend bitcoins? I prefer not a long lending time. I know bitbond but maybe there are better ones, and is it completely safe?
Lmk Cheesy

Nik

On this site you can start lending money on the lending section of the forum but before starting the service make sure that you read all the rules and requirements for to start as someone will lend money from you and will run away. Try to lend to those who are having positive trust and are well reputable person of the forum.

DocGTR

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Quote from: sikke on May 05, 2017, 02:22:59 PM

Quote from: NikS13 on May 05, 2017, 05:30:24 AM

Does anyone know a site where I can lend bitcoins? I prefer not a long lending time. I know bitbond but maybe there are better ones, and is it completely safe?
Lmk Cheesy

Nik

There are many different sites where you can use your funds converted into BTC for a loaning purposes. It obviously depends on what rate and interest you are looking for, but there are some options in between you can choose.
For example, Poloniex gives a great way to invest your bitcoin. You can just make an agreement to borrow your money for margin leverage purposes, as traders borrow the money while selling on alts.
With something like that, the rate is pretty decent and the whole investment is almost risk free.

Dont forget about using bitcointalk.org ! You need to remember that we have many people looking for a loan here, at "Loans" section in "marketplace" , I suggest you can go there.

You are right, bitcointalk.org - this is exactly the forum where you can find everything you need. There are special sections in which you can find good suggestions. After all, all the people who are interested in bitcoin

sikke

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Quote from: NikS13 on May 05, 2017, 05:30:24 AM

Does anyone know a site where I can lend bitcoins? I prefer not a long lending time. I know bitbond but maybe there are better ones, and is it completely safe?
Lmk Cheesy

Nik

There are many different sites where you can use your funds converted into BTC for a loaning purposes. It obviously depends on what rate and interest you are looking for, but there are some options in between you can choose.
For example, Poloniex gives a great way to invest your bitcoin. You can just make an agreement to borrow your money for margin leverage purposes, as traders borrow the money while selling on alts.
With something like that, the rate is pretty decent and the whole investment is almost risk free.

Dont forget about using bitcointalk.org ! You need to remember that we have many people looking for a loan here, at "Loans" section in "marketplace" , I suggest you can go there.

KuromaYoichi

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Isn't any exchange site like poloniex provide the lending feature? you can also lend bitcoin here in lending section but i don't know about the interest rate. You should forget about lending if you want to search something safe as there's so many scammers that it isn't worth for the little amount of interest.

Kizaki

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Here in the forum you can find lenders who will be willing to fund your loan request for a fix interest rate and fix time rate will ve given by you.Also you can try big lending sites like btcjam or poloniex and many other big or non big lending sites

Topic: Lending bitcoins (Read 1656 times)