Topic: Special kind of loan (loan + collateral hold by escrow all the time) (Read 893 times)
April 10, 2015, 12:23:05 PM
that is nice idea to gamble with others money, in gambling no site is trustworthy every time can be run with people's money.
April 10, 2015, 08:15:08 AM
I actualy didnt read the post since op is asking for loans at 0.1% interest in others threads.
Regards
He is offering .1% per day here as well. IMO it is not worth a lenders time to pursue this kind of deal and the risk of the gambling site going under is too high. Regards
April 10, 2015, 08:00:48 AM
I actualy didnt read the post since op is asking for loans at 0.1% interest in others threads.
Regards
Regards
April 10, 2015, 07:46:11 AM
Like the other guy said, the lender is taking all the risk in this situation. So, maybe thats why no one is biting your offer.
April 10, 2015, 07:12:21 AM
Someone else interested?
Nope.
Since I also happen to know the "trustworthy dicesite Y", there are certain issues with your offer:
1. However trustworthy Y may be, Y getting hacked is a possibility that you cannot simply rule out. Too many examples of trusted sites going out because of hackers. Just look around..
2. Theoretically, it is better for the lender to simply invest it himself.
If he is unwilling to carry the risk, he invests, sends the profit/receives the loss, and you give the interest. Only such kind of trustworthiness is raarely found.
3. It has a lot of hassles and practically very difficult to implement. The carelessness of a single party can affect everyone else quite severely.
Just what I think