Bitcoin Forum

www.soshibtc.com (http://www.soshibtc.com)

Another Bitcoin Savings and Trust or Coinlenders.com or Btc-Banker.com?

Given the bleak history of every company that has offered to pay interest on Bitcoin accounts, it seems obvious that a legitimate new player in this area would have to go overboard to insure investor adoption. We would need at the very least names, addresses and phone numbers of the owners and detailed descriptions of security measures and certified copies of insurance policies, etc.

Well all those are as untrusted as the first ones, even depends on the interest, but anything higher than banks interest i would think twice before "triying" to make money there depositing.

Looks like another scam waiting to happen.

I think you are right,  my friend lost money on a 6% interest  to deposit.
Group Bitcoin are  not answering their phone now for over two weeks, anyone else had this trouble?  Group of us  all worried now.  Its the  part of bitcoin that is worrying, too many scammers,  not saying we have been scammed but  phones all going straight to voicemail,  for over two weeks,  so we all chewing our nails down.

Looks like a scam to me and I would stay away from this site. I thought you were on about a reputable company because of the title.

Until there is a proper market for lending bitcoins (as in bitcoin loans made to real borrowers at real rates of interest), it seems strange to me that anyone could afford to pay interest on bitcoin deposits. Where would the money come from?

Only explanation I can come up with is this is a marketing expense, but this would make me wary because it may not be sustainable.

This is more likely then not some kind of scam. There is no way that any company would be able to profit and still pay those kinds of returns.