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Yeah well i would say its more or less dead, as you said because of so many scams in past no one is trusting anyone. Even if someone is they are taking every bit of precaution necessary and high collaterals.

Almost every business is being threatened by scammers/hackers, will you call all of them dead ?
Any loan business could be performed well with proper collateral, so P2P bitcoin lending too.

I think there should be an option in the poll  "Somewhere between YES and NO".

 P2P lending is not quite dead.  For instance,  see the lending thread of the bitcointalk forum.  People are still lending and borrowing money with enough  collateral but the number of transactions has significantly decreased in comparison to the past.
P2P lending is slowly declining but not dead,  yet.  So do me a favor and put that 'Somewhere between Yes and No' option in the poll.

I agree with you, in every business you will find scammers and hackers for that you cannot stop doing business, P2P lending is going but now it is going with lenders taking more precautionary steps as even if you take collateral as altcoins or bitcointalk account , their are scammers who post it as hacked and then that account becomes useless for lender to pledge or sell it to recover the loan. So now they are taking some more steps before lending anyone.

So P2P lending is not dead but it is become slow now with only reputed users only doing it.

Lending without collateral is a huge risk, IMHO. Not sure why you would lend money to someone halfway around the globe whom you never met before and know nothing about.

I think better to say trying hard to survive, when this concept was opened up in first many find this quite easy and secure way to earn over their bitcoin holding. However scammers find this as a good way to scam and run away being anonymous. These days only few are willing to give small p2p loan with very high valued collateral.

It's definitely for me , at least this is how I see it.
The way that P2P Lending platforms designed their websites makes it bad and the fact that Bitcoin is untraceable (hard) + cannot be chargebacked makes things worst for Lenders. I personally prefer Bitcointalk system for lending as people should offer collateral which should somehow cover your losses In case you get scammed while the other platforms ask you to link websites like (Coinbase,PayPal , Facebook , Twitter , Github etc...) to calculate your reputation which they can all be bought over the internet , same thing goes for ID and Income proof (from Darknet).
Overall , Bitcointalk (even if It's P2P) offers a better system by having collateral + keeping you anonymous (without the need to provide any IDs etc..)

I don't know from which sources you got the impression that P2P lending used to be profitable and low risk... it never was. Scammers have been around since the early days. Investing in Bitcoin projects and all other forms of lending - irrelevant whether big or small - always had sky high default rates. In my view more than 80% of loan requests are either plain scam or try to collect funds for projects that are executed so amateurishly that failure is a certainty.

But still P2P lending is far from dead, because there seems to be an infinitely huge pool of people blinded by greed that are willing to invest in all kinds of scams, provided the promised returns are high enough.

P2P lending sites are of course a very great playground for scammers, since they can easily open their loan requests and reach a wide audience, with some of the funds even pouring in automatically through automated allocation scripts.

ya.ya.yo!

The last projects, made similiar btcjam just are loosing costumers all days, even btcjam keeps loosing, they try to make a service to help, but they are just helping scammers to steal bitcoin from others, and it will end soon or later.

Yes i would say its on the way to die. since more and more scammers are in to lending from p2p website. there is a similar thread where i find many reasons why p2p lending became useless

here is the link https://bitcointalk.org/index.php?topic=1625932.0 (https://bitcointalk.org/index.php?topic=1625932.0)

it certainly deserves to be dead. it was an awful idea from minute one. how many people here have made any decent money from it?

Too many scammers like you said & the interet rates / return isn't enough to take the risk of lending to people you don't know.

I can't say if P2P lending is dead but it's not something I do or will do.

The issue of lending has more to do with a need for something with a few more ways to verify the person in need of bitcoin.
We have witnessed a lot of default loans due to multiple issues besides just running off with funds. For example some people find this a quick way to sell a account and are willing to take a lower amount for a quicker sale. In essence the loaner knows this and shades the loan to their advantage knowing this is a high possibility.
Something better should come along that does not require more personal info like some of the lending sites but a way to establish barriers for less chance of default.

The bitcoin industry as a whole has a issue,where they are dealing with a lot of people from around the world where a few american bucks in bitcoin equals a monthly pay cheque. You can see this in the poker scene for bitcoin as it attracts people from Countries that are not well off. So they play the freerolls and sometimes load the deck in their favor by playing multiple accounts.

Without crossing into more personal details for the person requiring a loan,I am at a lost to how the situation can be cleaned up over night. The trust system is a guide and exploited here,so I would not gauge anything off of it.

bitcoin P2P lending still not dead.Its very hard to trust someone now.So many scammers here and there now.perfect collateral is the best solution for this business.I think p2p loan business need alive for people because we need it.

Even in the real world, P2P lending is useless even among friends and those knowing each other physically, of course it would be even less feasible in an anonymous community, Collateral is a must IMO regardless of the loan type and that takes a significant meaning of loan in general.

so what if they run! as long as you are holding the valid and valuable collateral you have nothing to worry about, you liquidate that collateral and take back your money and profit that was promised.
in some cases you can gain even more if you have taken a real good collateral, for example some people take altcoin + 10% more value but the profit is not even 10% so that would be more profit for them than they could gain if the loan was paid.

Those websites just turned into a scam projects stealing bitcoin for the newcomers, making them giving up off bitcoin, but this forum is atleast trying to work a solution, the famous colateral.

P2P lending is certainly in the dying stages, or it is borderline dead at this point. I don't think that there is any way for it to really recover from where it is at currently, considering that it is just so filled with fraud and scams and everything, however we might see a revitalization if it gets its act cleaned up very soon. If we never see that happen, then, well, it can die. I don't really care.

It's dying, people will eventually become tired of losing money in those websites.

Is there any source of statistics for those sites? Number of users? Default rates?

Maybe it's a little more difficult especially for those who want to start, but I think if there is still honest people that we can lend bitcoins.

I Lend and small amount in btcjam and the guy is doing very well always pays.
But I see a lot of newbies who want bitcoin whithout collateral of something and being dickhead when you ask for collaterals.

Is hard for those who make money with this business but is still alive.

I don't know if it's dead and don't care all that much.  Lending is a super-risky business, and if you've spent any amount of time in the lending section of bitcointalk, you'll become very aware that scammers have taken over this place like termites.  I probably wouldn't lend bitcoin again if you had a gun to my head.  Or at least if I got proper collateral and knew the borrower.  For those who do this, good luck.  You're going to need it, suckers.

I think no about the site but yes for the users, a lot of lending users is a scam just offering for getting lending without a collateral... so p2p has already died for me and the best lending site is still alive it's just this forums.

I do believe at bitcointalk the people which lend are acting on the best direction, thats is helping others, and requesting a colateral to avoid loose bitcoins, something the p2p websites dont care as they take their fees. I dont know if people still use those websites, but i do know scammers use that to steal any ammount of bitcoins.

If P2P lending is facilitated online then the collateral has to be digital products or goods. The problem is what would make sense to use as collateral? It is very ironic because the only digital entity that will have no problems for a person to hold is already Bitcoin. Also to be honest I would not be willing to lend my Bitcoin to someone else unless the collateral is something physical like a watch or some sort of jewelry. Of course as a lender a person must protect himself at all times.
 
If someone can figure out what digital good or product can be used as collateral that someone will have a successful P2P lending idea.

First,the risks aren`t low.They are always high,when it comes to P2P lending.

Maybe P2P lending still works for micro loans,not for the big loans.

It`s a good business idea,but scammers will always try to ruin every good business.