Bitlends.net

[Sherldog]

Hi guys
Just a quick question
What can you tell me about bitlends.net 24hr lending platform has anyone had any sucess with it or is it another scam
Thanks people

[btcton]

This should be in the Service Discussion subforum as it discusses a service. I would definitely stay away from any websites where you can potentially lend money to anonymous people in exchange for interest on the balance. I do not mean to say that the website itself is a scam; however, the people borrowing money there might simply be thiefs who are not willing to pay back. It has the same problem that BTCJam has: there is very little incentive for borrowers to pay back lenders because of the anonymous and final nature of Bitcoin transactions that cannot be charged back.

[h0lybyte]

I have no persinal experience with bitlends money lending service but lending through strange websites isn't good practive of profitting these days.
Instead of considering intetest from kending platforms, i would recommend holding in bitcoin for long-term to get better than any other risky method.
I usually keep holding the funds in bitcoin whatever i have had extra than my regular usuage

[krishnapramod]

Look at their homepage, just another scam HYIP/Bitcoin doubler site. Nothing to do with borrowing or lending.

What investment plans do you offer?
We offer one high profit investment plan: 100% profit after 24 hours (200% total return).

It is an obvious scam.