shadowmoon, what is your email so that I can have a look?

BTCFarm, can you please email me at flavio@btcjam.com from the same email as your BTCJam account email and I will have a look at your account. thanks.

you created a listing for sex and drugs and what not, we are not tolerating such things on our platform. the person in charge correctly deleted the listing and flagged you, although they should not have disabled withdrawals, which we've enabled pretty quickly after you made your point and for which I already said sorry.

can you please email support@btcjam.com one more time so we can investigate?

thank you

Flavio

Guys

We recently blacklisted some accounts that were suspicious. If we mistakenly blacklisted yours, please email support@btcjam.com from the same email that your account is in, and we will have a detailed look as to what happened.

thanks!

Flavio

daluege

Your account has withdrawals enabled again, sorry for the mistake. I also just sent you an email about it.

Please don't create for fun listings, as our policy team quickly blacklists people who misbehave on the platform.

anybody else who has a legitimate claim can email me on flavio@btcjam.com as stated, and I will have a look.

Flavio

Hey Guys

We are working hard to prevent scammers from scamming investors for more money. Occasionally we make a mistake flagging an honest user, and if that has happened to you, I am terribly sorry.

You can email either me flavio@btcjam.com or support@btcjam.com with the email that is the same as your btcjam user and we will certainly take a good look on what is going on and unblock you if it is an error on our part.

Also to clarify, BTCJam is no way inferior to our competitors, in fact we believe it's much better

- no fake reputation loans that can't be withdrawn
- repayment and volume are thus more realistic on BTCJam
- We are upfront about our investor returns: https://btcjam.com/stats
- BTCJam still much bigger than any competitor, with more investors, more borrowers and thus better diversification and more capital available to get funded.
- we purposely don't allow investors to get borrower's private contact detail information to protect borrowers and not give an unfair advantage to those borrowers who are willing to share contact data (such as business people) vs those who are in dire need for money and don't want everyone to know about their situation (like when you need pay rent or such)
- we have a heavily used commenting system where our community carefully monitors for fraudulent behavior, we have a report abuse system that our investors are using - all this on top of our verification system.

If you have any problems with BTCJam, ideas or suggestions please feel free to email me at flavio@btcjam.com and I will respond to any legitimate email.

The returns shown here are net of defaults. So even if someone is 1 day late, the calculation will show this as a 'loss'

Hi Andhrew

I just looked into your account and it appears that we've requested that you do submit a picture of you holding your identity card so we can see that it is really you.

Can you please do so again here:
https://btcjam.com/identity_checks/new

best,

btcjam support

We have never sold identities to 3rd parties and have no intention in doing so in the future.

If you tell me your email I will look into your account and see what happened with the emails you sent to support.

I am sorry you had a bad experience while submitting your documents, we have recently streamlined the process to make it easier to get accepted.

If you try again today with legitimate documentation I am confident you will get accepted.

Hi Glenn,

We can take up to two business days, so it should be verified within the next 24 hours.

thanks

Flavio

Hey guys

We know that we've had a lot of scammers in the past and are spending a lot of time internally to make it harder for those people to get through. What we do today to verify the true identity of borrowers are, if available

• Facebook Account
• LinkedIn Account
• Paypal Account
• Ebay Account
• Coinbase Account
• Phone Verification
• Photo ID
• Utility Bill for Address Verification
• Paystub/Tax Return for Income Verification
• Personal References
• other undisclosed items

If the borrower doesn't connect some of those accounts, we show that on his profile and it likely also has a negative impact on his credit score.

We are also constantly looking at new data sources to add to BTCJam to make our credit scoring even better, and it shows in how much the credit scoring has improved. BTCJam now has an 87% repayment rate.

So it is unfair to say that we are not doing anything to protect our investors from scammers.

But even more important than looking at individual defaults, is to look at what happens for investors who diversify more.

As the stats page shows on https://btcjam.com/stats (measuring since Jan 2014), a perfectly diversified investors has positive returns, as a majority of investors on BTCJam actually have.

If you guys have feedback as to what we can do improve the credit score, we are very happy to listen and potentially have it influence our algorithms and you can email me at flavio@btcjam.com and I will read and answer any serious suggestions.

If you invested in all the loans since Jan 1st 2014 that were A rated, you would have made 29% ROI on your money (that is of course only on the money that was due until today, parts of those are still outstanding)

You can see the investor returns here: https://btcjam.com/stats

Tips on how to get started
http://blog.btcjam.com/post/75934926878/the-3-rules-of-peer-to-peer-lending-for-investors

Video explaining why BTCJam and how to invest:
https://www.youtube.com/watch?v=p9fvxhVH1pc

Hi forzendiablo

I can assure you that we are not a ponzi scheme. And while we can not guarantee that each individual borrower will pay back, our repayment rates are 87% and if you diversify well you should be able to create a great return. You can have a look at our stats page to see the returns that are possible: https://btcjam.com/stats

I strongly recommend diversifying into 50+ different loans to avoid being pulled down by any individual user.
Here are recommended ways to invest on the platform: http://blog.btcjam.com/post/75934926878/the-3-rules-of-peer-to-peer-lending-for-investors

And here's a 1 hour video of me explaining the platform and how to use it:
https://www.youtube.com/watch?v=p9fvxhVH1pc

let me know if you have any further questions

Flavio/BTCJamads

Guys, very excited about today's release of the stats page.

Please view the announcement here:

https://bitcointalk.org/index.php?topic=792772.0

Hello everyone.

We are very excited to announce our new stats page, which features some interesting stats about BTCJam’s volume, location of borrowers and probably most interesting for everyone, the returns that lenders are getting, broken down per credit score.


You can view the stats page here: https://btcjam.com/stats
You can read our announcement and some explanations about it here: http://blog.btcjam.com/post/98164276492/the-stats-page

Of course, next to the rapid growth in # of loans and loan volume, we are most excited about the fact that returns are really quite fantastic.
The ROIs we are showing are the equivalent to one lender had funding all the listings since January 1st 2014, in other words is the perfectly diversified investor.

So today, the majority of lenders on BTCJam have positive returns.
If you are one of the people who’s had negative returns, rest assured that we are working hard everyday to improve our credit scoring, so that anyone who diversifies well should be able to have great returns. Please also remember to diversify as much as you can, as this greatly improves the returns on average, as shown by the overall positive returns we generate for our investors. We recommend 50 to 100 listings to get started.

Many thanks for the continued support and trust from our rapidly growing community of lenders

Flavio
CMO BTCJam

Guys, thanks for reporting this and sorry about the issue. We fixed it. Please let me know if there is any other problem.

were you able to find any pictures that are not coming straight from your own account?

great to hear that you are giving us a try. please make sure to invest in 'safe' listings that don't show the warning and diversify into 50 or more listings for best results. Read here for more information: http://blog.btcjam.com/post/75934926878/the-3-rules-of-peer-to-peer-lending-for-investors

you can email me at flavio@btcjam.com if you have any questions around investing.