Take away TX fees and site fees and they never lost a penny from the “loan” because they loaned it to themselves and made the borrower account look good for repaying with their own money.
Lol I think someone did not want to just lend bitcoin without any profit, I can accept all fees but certainly I would expect the existing interest 
Topic: Loans too risky? - page 45. (Read 67099 times)
Take away TX fees and site fees and they never lost a penny from the “loan” because they loaned it to themselves and made the borrower account look good for repaying with their own money.
that is why we have to choose only for those sites which have more trust and which will be around us from a longer time and we do not have to trust on new sites and on those people who will not have any trust. Take away TX fees and site fees and they never lost a penny from the “loan” because they loaned it to themselves and made the borrower account look good for repaying with their own money.
yeah that is a bloody good way to make some cool green trust right
and go on doing that for a while and then scam a person for a very big amount,known alts Account farming these two threads will help people giving out loan to find out who is trying to scam and coming back with an alt nd so on 
Take away TX fees and site fees and they never lost a penny from the “loan” because they loaned it to themselves and made the borrower account look good for repaying with their own money.
Many sites have no collateral requirements and may or may not be prepared to assist in collateral if they two parties desire it. The loans are repaid only if the borrower puts money into their wallet on the site. Nothing forces this other than the desire to not lose reputation on the site. Many scammers repay multiple loans of small amounts to look good and then bolt with the big one.
There are really existing lending firms/businesses which offer this kind of way on giving a loan to people. And as you mentioned about this techniques of scammers they would really do this things up to make theirselves as a reputable one but they would tend to loan huge amounts then they dont repay anymore thats why they are some lending service wouldnt last on this industry.
There are groups that work both sides, they ask for loans and using another account they back the loans.
Many sites have no collateral requirements and may or may not be prepared to assist in collateral if they two parties desire it. The loans are repaid only if the borrower puts money into their wallet on the site. Nothing forces this other than the desire to not lose reputation on the site. Many scammers repay multiple loans of small amounts to look good and then bolt with the big one.
There are really existing lending firms/businesses which offer this kind of way on giving a loan to people. And as you mentioned about this techniques of scammers they would really do this things up to make theirselves as a reputable one but they would tend to loan huge amounts then they dont repay anymore thats why they are some lending service wouldnt last on this industry.
Many sites have no collateral requirements and may or may not be prepared to assist in collateral if they two parties desire it. The loans are repaid only if the borrower puts money into their wallet on the site. Nothing forces this other than the desire to not lose reputation on the site. Many scammers repay multiple loans of small amounts to look good and then bolt with the big one.
I guess that site would not be successful, and I also believe that you can only loan a little amount borrowing with less requirements. And in my case if ever I will be in need of money I am seeking for a bigger amount to be use as my capital in investment or bankroll in gambling so that would not fit for me. 
Many sites have no collateral requirements and may or may not be prepared to assist in collateral if they two parties desire it. The loans are repaid only if the borrower puts money into their wallet on the site. Nothing forces this other than the desire to not lose reputation on the site. Many scammers repay multiple loans of small amounts to look good and then bolt with the big one.
Watch for what is and what is not provided by the loan sites. Many sites that put a lender with a loan searchers give many types of services and escrow(per se) is not one of them. Many sites grade the people searching for the loans based on a simple security system combined with feedback from past loans. The site facilitates the transfer of funds and IF the loan is being repaid, they handle the movement of funds from person to person. This is a useful thing because a single loan might have been funded by 100 people, so the repayment is put in the sites wallet and then auto spread to the 100 lenders.
The basic form of escrow of these sites is simply a third party wallet between point A and point B. The sites are packed with loads of info about the people and the loans and then the loans get grouped into different types and then they add ICO and IPO support. They can be very confusing and very informative. But, they lacking moment is the protection against defaulting.
If you really have that number of bitcoins well giving loans or offering loans would be bad for you or in your term risky.Because bitcointalk accounts may be hacked and use to get loans and default it
Indeed I think loans are very risky to give you could just get scammed so easily in my opinion.
Someone could take your loan and never pay you back especially if you are loaning online.
Yes your right, there are really lots of business we could able to make here on online world as you said lending services would be risky but its really up to a person on how he handle his business properly and i do see some stable loaning businesses and could able to handle the risk as long you are setting safety precations you couldable to lessen the risk.
Well it's something that may not have been well known by all the people who do the loan or the loan giver. but that certainly is indeed extremely dangerous loan for those who don't do it in a good way or always careless in doing so. The risk is always there and we are required to minimize the risks
If you really have that number of bitcoins well giving loans or offering loans would be bad for you or in your term risky.Because bitcointalk accounts may be hacked and use to get loans and default it
Indeed I think loans are very risky to give you could just get scammed so easily in my opinion.
Someone could take your loan and never pay you back especially if you are loaning online.
Yes your right, there are really lots of business we could able to make here on online world as you said lending services would be risky but its really up to a person on how he handle his business properly and i do see some stable loaning businesses and could able to handle the risk as long you are setting safety precations you couldable to lessen the risk.
If you really have that number of bitcoins well giving loans or offering loans would be bad for you or in your term risky.Because bitcointalk accounts may be hacked and use to get loans and default it
Indeed I think loans are very risky to give you could just get scammed so easily in my opinion.
Someone could take your loan and never pay you back especially if you are loaning online.
If you really have that number of bitcoins well giving loans or offering loans would be bad for you or in your term risky.Because bitcointalk accounts may be hacked and use to get loans and default it
Indeed I think loans are very risky to give you could just get scammed so easily in my opinion.
Someone could take your loan and never pay you back especially if you are loaning online.
Every loan carries with it a certain kind of risk. Even if it is a friend or a close relative it is that you are lending the money to, there is no assurance that it is going to be paid. If it is a loan with a collateral, I could have more peace of mind knowing that I can have something in case the borrower defaulted on the loan payment.
Loans are good. Actually half of world is working only because of loans. Problem for Bitcoin loans is collateral.
If you own good digital collateral, even large amounts of BTC you can get.. belive me
I think the problem is not on the borrower, but the lender, if you give a loan to someone make sure that you ask for a guarantee that has a high priceIf you own good digital collateral, even large amounts of BTC you can get.. belive me
Loans are good. Actually half of world is working only because of loans. Problem for Bitcoin loans is collateral.
If you own good digital collateral, even large amounts of BTC you can get.. belive me
I think the problem is not on the borrower, but the lender, if you give a loan to someone make sure that you ask for a guarantee that has a high price If you own good digital collateral, even large amounts of BTC you can get.. belive me
Well assuming what you just said, is true, of course giving out loans is risky. It's like you gamble with your money in order to get 1 or 2% on top of it either in short or long terms and with the tendency of losing your money in case the guy who got the loan, doesn't return it. You could by some mining equipment's and contribute to the network as well and see the long term profit if you could manage and balance everything well.
When choosing where to invest bitcoins at interest, not solely on the Internet. To date, there are hundreds of exchangers that offer exchange services and withdraw crypto currency, every miner knows about such services. The future path of investment for the owner of bitcoins (after exchange) is no different from the possibilities of investment for the average investor. So, the owner of bitcoins can use the funds for further contributions in shares of large foreign companies can use for conducting trading on Forex or other investment projects
Watch for what is and what is not provided by the loan sites. Many sites that put a lender with a loan searchers give many types of services and escrow(per se) is not one of them. Many sites grade the people searching for the loans based on a simple security system combined with feedback from past loans. The site facilitates the transfer of funds and IF the loan is being repaid, they handle the movement of funds from person to person. This is a useful thing because a single loan might have been funded by 100 people, so the repayment is put in the sites wallet and then auto spread to the 100 lenders.
I know that loan can be pretty risky and that is why I do not like loaning money because you will have to pay it back.
I do not like living that way, I would rather save my own money for then take a loan.
A loan can be risky but if you know that you are going to be able to pay it back then you should have no worries at all. I do not like living that way, I would rather save my own money for then take a loan.
If you do not know how to pay it back then you should never take a loan on you.
I know that loan can be pretty risky and that is why I do not like loaning money because you will have to pay it back.
I do not like living that way, I would rather save my own money for then take a loan.
A loan can be risky but if you know that you are going to be able to pay it back then you should have no worries at all. I do not like living that way, I would rather save my own money for then take a loan.
If you do not know how to pay it back then you should never take a loan on you.
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