Bitcoin Forum

That's right 20% for 1.8BTC loan.
Info is on the BTCjam link.
Take a good investment while there still is some.  :)


https://btcjam.com/listings/34683-rep-builder-w--investment

this is not the section for it, btcjam investment stay on that site

with 20% interest idk what you are looking for btw, IMO its clearly a scam, just my 2cents

If you wanna to get reputation, you should start with small loans, and then apparently get bigger ones..

I took my first loan from BTCjam for 4 BTC without anything as backup but my info and everything worked perfectly all u need to is wait.

nickgaff is not to be trusted!

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.

http://i.gyazo.com/f3002b3749ea3e41f36c1c2f59c7f90a.png

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
http://i.gyazo.com/ef2a3d2c5a5bae83bc76d0b6356002e5.png

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)

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 :D


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.

Every time that someone appear here to buy reputation, they only receive neg reputation, and for free.

At least try to give the impression you are buying things and taking loans without the goal of receiving green trust.

People can fund small amounts which they typically do on BTCjam. Those small amounts can add up.

I somewhat speculate that the larger amounts that were "invested" in the loan were actually alt accounts on BTCjam of the OP whose purpose was to build confidence in the loan, either that or they are morons.

I dont think he would be able to hide it either way, given his history of loan defaults which is publicly viewable on his btcjam profile. But that won't matter, btcjam lenders only see % APR and lend anyways.