Topic: where we can loan out btc? (Read 2897 times)
I like btcjam.
BTCjam is most popular for people, who need BTC loans 
I do not like BTCjam validation system, but there are a lot of people, who can agree BTCjam rules 
I do not like BTCjam validation system, but there are a lot of people, who can agree BTCjam rules
Hi!
We offer Bitcoin Loans with altcoins as collateral. If you hold altcoin that you dont want to sell this is a good solution.
www.cryptops.net
If you need help you can contact us at [email protected] or trough the web contact form
Best regards!
We offer Bitcoin Loans with altcoins as collateral. If you hold altcoin that you dont want to sell this is a good solution.
www.cryptops.net
If you need help you can contact us at [email protected] or trough the web contact form
Best regards!
You can loan at the bitlending club or at the BTCJam; these are the two best rated lending sites.
I think you didn't read the complete thread before you suggesting BTCJam - there are few posts already in this thread saying that BTCJam is a quite risky for lending because even best rated people also scammed lenders. Do you have any suggestions on how to avoid these scams since you suggested this site for lending?
Hi,
You can loan bitcoin here on forum.
Go to lending section and find more members with requsts.
Don't lend money to newbie members.
You can loan bitcoin here on forum.
Go to lending section and find more members with requsts.
Don't lend money to newbie members.
OP already said in his post that, in this forum now a days more newbies are requesting loan so thread is full of scam people so he is asking for any other alternative for lending.
You can loan at the bitlending club or at the BTCJam; these are the two best rated lending sites.
Hi,
You can loan bitcoin here on forum.
Go to lending section and find more members with requsts.
Don't lend money to newbie members.
You can loan bitcoin here on forum.
Go to lending section and find more members with requsts.
Don't lend money to newbie members.
If you google you will find many sites but in most of them we can't ask for collateral for our loaned amount so it comes with bit risks
Try Poloniex, poloniex is the best trading platform but you can lend your BTC
I have made some small loans on BTClending as well as BTCjam. Will watch closely and compare. Have spreadsheets for both so should be easy to monitor.
the key is not to keep your eggs in the one basket, to reduce risk. lend tiny amounts to many people that you evaluate as low risk.
I'm not sure that this is a good strategy. I mean how much percent profit do you get? 10%? And when only one person, ouf of 10 you lend money to, is defaulting then you already lost more than you had before you started lending out.
So i think you should really not take a little bit higher risks only to increase the amount of people you lend to.
You can loan bitcoin from btcjam.
Search for a good offer with low interest.
You can loan also from this forum,if you are a valid collateral.
Search for a good offer with low interest.
You can loan also from this forum,if you are a valid collateral.
Is their any way we are sure that we will get back our loaned money in btcjam? can we ask user for some collateral?
Since i have read that even very good rated people also doing scam over their.
You might want to be cautious with very good rated people if they start to take a lot loans or high ones suddenly. Might be they planned their exit scam with good ratings and then it's time to close the bag.
You have to be cautious everywhere when it's related to bitcoin.
Now a days if you check bitcointalk lending section most of the threads useless meaning more than 70% people requesting loans without reading forum rules. Very first post it self request for the loan and these people are not new people they know but still they try their luck. With this lending section become full of scam thread so I was thinking is their any other safe places to earn some interests on our BTC.
In this thread we can also give suggestions for how to improve bitcointalk lending section to minimize scam threads.
In this thread we can also give suggestions for how to improve bitcointalk lending section to minimize scam threads.
You can try btcjam.com or the local subforum. When you only lend out with a proper collateral then you should be fine. And on btcjam.com try only to lend out to persons that are proven to pay back. And don't even lend out to them when they suddenly take a lot and high loans. That most probably is an exit scam then.
I don't think that's a valid reason. You simply need to only accept collateral that is worth it's money. If newbies are scammed by this then they would be scammed another way too. Bitcoin is a scammers paradise for sure and everyone has to learn to life in it. So i think the subforum is as safe as other places. You need to be very careful everywhere.
I would stay away from BTCJam and only deal with trusted members of btt loan section and avoid dealing with newbies and users with low trust ratings. BTCJam is full of scammers who more often than not default on their loans and have zero consequence.
So only good place for lending bitcoins is bitcointalk is that correct? - Then we need some improvements in that threads not to allow newbies to create any new threads.
I would stay away from BTCJam and only deal with trusted members of btt loan section and avoid dealing with newbies and users with low trust ratings. BTCJam is full of scammers who more often than not default on their loans and have zero consequence.
I dont really think btcjam is a good place, since most people default and no consequences follow besides them doing the same thing on another account.
But, I know a few who still stick with the lending thread or just eye on people who need btc and see what they have as collaterol instead.
But, I know a few who still stick with the lending thread or just eye on people who need btc and see what they have as collaterol instead.
Even people know btcjam is not a safe place then still people suggesting this place for lending. Surely now a days bitcointalk lending section is full of no use threads.
I dont really think btcjam is a good place, since most people default and no consequences follow besides them doing the same thing on another account.
But, I know a few who still stick with the lending thread or just eye on people who need btc and see what they have as collaterol instead.
But, I know a few who still stick with the lending thread or just eye on people who need btc and see what they have as collaterol instead.
But the sites are plentiful outside these forums: btcjam, btclend.org, and btclendingclub just to name a few.
I went to BTCJam just to have a look around. They ask for a lot of personal information which not everybody is comfortable giving away.
another reason why it's better to use the bitcointalk loan section instead of that garbage of btcjam, which is full of uncontrolled scammer, not matter the reanking
here you're more secured by scam buster and good escrow, moreover more valuable collateral
Your 100% correct but now a days bitcointalk loan section becoming scam section because no control over a newbies. If you check first 10 threads their most of them requesting loan with new accounts and no other collateral. So looking for some good alternative
before the first destination of newbies is Beginners and Help section, now it's the lending section. All want's to ask for loan
But the sites are plentiful outside these forums: btcjam, btclend.org, and btclendingclub just to name a few.
I went to BTCJam just to have a look around. They ask for a lot of personal information which not everybody is comfortable giving away.
another reason why it's better to use the bitcointalk loan section instead of that garbage of btcjam, which is full of uncontrolled scammer, not matter the reanking
here you're more secured by scam buster and good escrow, moreover more valuable collateral
Your 100% correct but now a days bitcointalk loan section becoming scam section because no control over a newbies. If you check first 10 threads their most of them requesting loan with new accounts and no other collateral. So looking for some good alternative
I joined btcjam as a lender so do not have to give out all the personal information part. I gave a very small loan to A+ lender over 60 days to try it. Will see how it goes. Do not think it a good idea to give to the D rankings despite the high interest rate.
If read that, even A+ rated lender also scammed so it looks completely on your luck. So the best strategy is you spread out your loan amount to many small quantities so that you are reducing your risk level.
BTCJam and BitLendingClub are good choices.
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