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Author Topic: Lenders Unite!  (Read 490 times)
ShorsHammer (OP)
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July 27, 2017, 10:54:30 PM
Last edit: July 30, 2017, 11:09:58 PM by ShorsHammer
 #1

BTC rates are booming, for good reason. Know where you stand with an exchange if/when fork happens.

I'm happy to stay on the boat and possibly watch my BCC sail off into the sunset, but it feels like these rates should be far higher.

As some places seem to suggest, you are lending them Bitcoin, nothing else, you don't hold the keys, hopefully people are aware of that, don't care where you stand in the debate.

For everyone else sailing this storm, keen to hit 200% per annum rates, thankyou all kindly.
Lone Shark
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July 28, 2017, 01:44:58 AM
 #2

BTC rates are booming, for good reason. Know where you stand with an exchange if/when fork happens.

I'm happy to stay on the boat and possibly watch my BCC sail off into the sunset, but it feels like these rates should be far higher, only 10% a month right now.

As some places seem to suggest, you are lending them Bitcoin, nothing else, you don't hold the keys, hopefully people are aware of that, don't care where you stand in the debate.

For everyone else sailing this storm, keen to hit 200% per annum rates, thankyou all kindly.

Tell me, are you a lender? I am guessing not really. I don't see you giving out loans or even having a lending thread.

Then if you checked out a few lending thread you'll see that 1%/day is really the going rate of short term loans and long term loans will probably hit 120-200% easy.

Why would we unite under your banner if you yourself are not a lender. I am guessing all the lenders here know the risks involve in what will happen on August 1 and the next few weeks.
audaciousbeing
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July 29, 2017, 12:12:05 PM
 #3

BTC rates are booming, for good reason. Know where you stand with an exchange if/when fork happens.

I'm happy to stay on the boat and possibly watch my BCC sail off into the sunset, but it feels like these rates should be far higher, only 10% a month right now.

As some places seem to suggest, you are lending them Bitcoin, nothing else, you don't hold the keys, hopefully people are aware of that, don't care where you stand in the debate.

For everyone else sailing this storm, keen to hit 200% per annum rates, thankyou all kindly.

I am really finding it hard to understand what you put up there because to me, it's not explanatory enough and the proposition you are making is not one that would be encouraged because you don't even have the moral obligation to call for others to rally behind you couple with what earlier poser said about you not even one of them how do you pull that out. Again, putting everyone under an umbrella is a call for anarchy where the moment an individual is denied others will do so without even giving an independent review which I feel is not fair.
josephdd1
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July 29, 2017, 12:26:21 PM
 #4

One of the silliest post i ever seen at lending section...
The title,the post itself,a noob captain (OMG!) and for what? What exactly you propose?
I'm sure that you just trolling and in no time you will leave from here,so i dont expect an answer.

BTW which boat are you referring to? An exchanger one? Cheesy
ShorsHammer (OP)
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July 30, 2017, 08:41:13 PM
 #5


Tell me, are you a lender? I am guessing not really. I don't see you giving out loans or even having a lending thread.

Then if you checked out a few lending thread you'll see that 1%/day is really the going rate of short term loans and long term loans will probably hit 120-200% easy.

Why would we unite under your banner if you yourself are not a lender. I am guessing all the lenders here know the risks involve in what will happen on August 1 and the next few weeks.

Rates here are higher for fair reasons. I was only referring to exchanges, customer service issues aside I think the big ones have decent capital to back themselves up if/when something goes wrong. Lending exists outside of bitcointalk, understand if some people see it differently.
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July 30, 2017, 10:04:37 PM
 #6


Tell me, are you a lender? I am guessing not really. I don't see you giving out loans or even having a lending thread.

Then if you checked out a few lending thread you'll see that 1%/day is really the going rate of short term loans and long term loans will probably hit 120-200% easy.

Why would we unite under your banner if you yourself are not a lender. I am guessing all the lenders here know the risks involve in what will happen on August 1 and the next few weeks.

Rates here are higher for fair reasons. I was only referring to exchanges, customer service issues aside I think the big ones have decent capital to back themselves up if/when something goes wrong. Lending exists outside of bitcointalk, understand if some people see it differently.

So if lending exists, as you say, outside this Forum, why are you here?
And if you referring to exchangers (i guess the ones that have Lending option), why the title of your Thread is this one?

I'm sure that you have something in your head confussed or in the wrong way... Undecided

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ShorsHammer (OP)
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July 30, 2017, 10:30:13 PM
 #7

Im nowhere near as bigtime as much as others, but lenders should see value in the current situation, owning private keys is highly prized right now for the next day or two. People who have faith in exchanges or whoever oversees their lending can do well I think, we'll see if the rates bump up.
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July 30, 2017, 10:32:55 PM
 #8

Im nowhere near as bigtime as much as others, but lenders should see value in the current situation, owning private keys is highly prized right now for the next day or two. People who have faith in exchanges or whoever oversees their lending can do well I think, we'll see if the rates bump up.
Worry not, each individual knows what to do with his bitcoins. It's not like bitcoin is a centralized currency where centrally taken decisions could affect a everyone in the economy and potentially make them lose funds.

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Lone Shark
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July 31, 2017, 08:54:03 AM
 #9

I still don't get what you intend here. You post this on the lending section but you are not referring to the lenders here. But actually, what you are pointing out is that people who deposit money into exchanges are actually lending them money without the private keys with the depositors.

So again, what is the point of you posting this here? I do think most people already knew what will go down. If they leave their coins in the exchanges, that is their own choose (or fault for not knowing anything).
ShorsHammer (OP)
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August 01, 2017, 01:51:42 AM
 #10

Exchange lenders should get theirs also. Check the rates my friend. Pretty cool.
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