Reputation Loans aren't allowed in the forum. Also, this forum isn't for granting you loans on BTC-Jam. Better provide a collateral and get loan over the forum.
I refuse to lend to people to take out loans just to increase reputation
This loan was funded around the time the OP was created. The loan is now in default accoding to the link in the OP
Surprised to see how profitable scamming on btcjam can be
I dont understand what kind of people fund loans like this. It has SCAM written all over it.
its not just written all over it, its clearly a scam. people on btcjam dont care as long as theres a high APR% on the loan.
Almost 4
BTC in debt and people are actually funding this guy... how stupid are people
I mean if I was ever considering investing in btcjam, I would only freaking chose people with A ++++++++ rating with a history of loans. This guy has paypal, facebook and twitter lol. Trustworthy as f**k.
It seems like the poeple investing have too many bitcoins at their disposal and dont know what to do:D Some of them might even fall for the "investment" section in gambling subforum
People are greedy. They assume that the person asking for the loan is going to repay it quickly so they can then take out a subsequent larger loan that further builds their reputation so they can eventually scam.
This is very similar to how ponzi scams work on here. (people assume that the ponzi is not going to scam right away so they invest hoping to get early returns prior to when the ponzi eventually runs away with everyone's money)
Yeah but funding ฿0.66356300 or even ฿0.20000000 ? I mean I can understand those 0.01 or so but 0.6? These are the same people that click "YOU HAVE WOn 999 999$" or click the "meet the hot girl in your area that totally wants to have sex with you" add.
