Any insights on this company called LoanBit?

[KyleSpades]

Hey dudes,

You guys ever heard of this lending business called LoanBit?

They got some nice interest rates for lending BTC to their business-funding pool. From 2 to 4% daily, very short-term contracts.

Since they're pretty much new to the market (seem to have been created earlier this month), anyone got any insights on them?

Link to their site: https://loanbit.net/

Link to their only thread I could find on BTCTalk: https://bitcointalk.org/index.php?topic=2227640.msg22481675;topicseen#msg22481675

Thank y'all, cheers

[Bitcoinsummoner]

Hey dudes,

You guys ever heard of this lending business called LoanBit?

They got some nice interest rates for lending BTC to their business-funding pool. From 2 to 4% daily, very short-term contracts.

Since they're pretty much new to the market (seem to have been created earlier this month), anyone got any insights on them?

Link to their site: https://loanbit.net/

Link to their only thread I could find on BTCTalk: https://bitcointalk.org/index.php?topic=2227640.msg22481675;topicseen#msg22481675

Thank y'all, cheers

Base on what i check in whois the site was created just february  16 2017 and its posted by staff of this forum i don't think if its safe to invest or to get loan there because according to the staff they are not supporting it they are just helping it to post it here in forum..
Never heard this kind of site before but this is interesting project..

[KyleSpades]

Base on what i check in whois the site was created just february  16 2017 and its posted by staff of this forum i don't think if its safe to invest or to get loan there because according to the staff they are not supporting it they are just helping it to post it here in forum..
Never heard this kind of site before but this is interesting project..

Yeah, I also liked their idea and the concept behind it. I mean, it would be an interesting new application to BTC in general.

But there's just too much scam going on around the net to trust stuff that ain't supported here.

Thanks for your feedback!

[mk4]

Yep. It looks no different compared to other Ponzi/HYIP schemes. Definitely stay away from those. If you want to invest, then invest by buying certain cryptocurrencies instead.

Sick user interface though.

[Reatim]

Hey dudes,

You guys ever heard of this lending business called LoanBit?

They got some nice interest rates for lending BTC to their business-funding pool. From 2 to 4% daily, very short-term contracts.

Since they're pretty much new to the market (seem to have been created earlier this month), anyone got any insights on them?

Link to their site: https://loanbit.net/

Link to their only thread I could find on BTCTalk: https://bitcointalk.org/index.php?topic=2227640.msg22481675;topicseen#msg22481675

Thank y'all, cheers

Hmm looks like the website is ponzi/hyip so stay away from it mate. And this is the first time I heard about this site, so for me, they don't look trusted plus there are a lot of websites popping late with the sole intention of scamming a lot of people bitcoin investment is the hottest trend right now. With that said, I'm not getting to put my hard earned money in there, and there are no such thing as safe investment or lending business in bitcoin world that I know off.

[krishnapramod]

I haven't heard about LoanBit before, 2% daily return on short-term business loans, gross return of up to 114% for 7 days, for a P2P lending platform they are offering a very high interest rate, more like HYIP. Since they are new and lack reputation, investing on well-established P2P lending platforms like BitBond is better. They have been in service since 2013, they lend to both individuals and small businesses, fixed income investments with returns of up to 20% pa, autoinvest, 0% fees, and you can start with as little as $5.

[aTriz]

Hey dudes,

You guys ever heard of this lending business called LoanBit?

They got some nice interest rates for lending BTC to their business-funding pool. From 2 to 4% daily, very short-term contracts.

Since they're pretty much new to the market (seem to have been created earlier this month), anyone got any insights on them?

Link to their site: https://loanbit.net/

Link to their only thread I could find on BTCTalk: https://bitcointalk.org/index.php?topic=2227640.msg22481675;topicseen#msg22481675

Thank y'all, cheers

There 2 loanbits.

This one (https://loanbit.net/) looks a bit dodgy.

This one (https://bitcointalk.org/index.php?topic=2227640.msg22481675;topicseen#msg22481675) is different, it's website is https://ico.loanbit.org/ and is safe.

[jasondublinkun]

sounds too risky for me ...