Potencial Bussiness In Bitcointalk.org

[b-trading]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

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[goosoodude]

Providing an escrow service isn't something you'd call a business. Firstly, there's too much competition. Many prominent members already offer 0% fees. Earning people's trust alone is hard since it requires you to be a member of this forum for quite some time and it's something that happens overnight. There's potential to earn money from handling large portions of funds like ICOs or signature campaign payments but good luck earning enough trust to be hired for something like this.

Loans are easier to provide. You'd need some capital to begin with, aside of that just make sure to ask for appropriate collateral or do decent research on a case by case basis so you don't end up having to face defaulting.

[real789]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending is better than Escrow , we can growht money 20-30 % per month but you must be careful so many scamer in This forum

[WhatTheGox]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

You can put yourself forward on this forum in a few ways and make extra bitcoin selling yourself as the product itself:

Become a decent escrow
Signing up to signature campaign
Becoming a signature campaign manager

Just do a good job and dont scam, things will work out nicely.

[Kprawn]

You are entering a scene that are highly competitive allready. 

See these two threads :

https://bitcointalk.org/index.php?board=65.0

and

https://bitcointalk.org/index.php?board=52.0

What service can you offer, which will give you the competitive edge? Most of these guys and gals already have the reputation edge on you. 

Good luck... We do need more trustworthy member doing this... BUT if you are planning to scam people, you are on the wrong forum. 

[NyeFe]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

There's lots of businesses that *could* be created using this forum. For example I remember when I need a professional graphics designer [..] Some users may require assistance in website scripting. Other things such as selling products and selling startup ideas have been growing in certain section of the forum recently,  and the usual campaigns...

[jayce]

Here the options to be a potential business in this forum:
1. You can be an escrow, but you need to gain trust from other users first
2. Using a signature campaign, and you must obey the rules from the signature provider
3. Promote your business here, like shop online, gambling site, or etc
4. Using your skill in programming, graphic design, or make predictions on sport bet 

[Greenenergy]

I see many ppl are trading accounts here, like Quickerseller, Neotox etc! Who are reputational here and involving in a lot of business, such as offering loan, escrow, managing sig campaign etc. It seems it is profitable for trading the accounts.

[Amph]

you can add signature campaign provider, they earn bitcoin using this forum, with their signature given to multiple members, which in exchange helps to promote their website

also escrow isn't very remunerative, the best esrowers are earning few cent of bitcoin per month, not what i can actually call a good investment, but lending may be more profitable

and...in any of those sectors there is too much competition...

[afriezalie]

Hmmm... talk about bussiness there are some potencials like Hero or Legend account trading, build a gambling site and promote to the others via bitcointalk, sell service here with bitcoin ( like web design and logo design ). Last, you can be an escrow

[Jesu]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending is better than Escrow , we can growht money 20-30 % per month but you must be careful so many scamer in This forum

Lending might be more profitable than escrow, but you still don't make much and many people default on their loans and end up scamming. Even with just one default it can wipe out all your profit from loans and send you into the red. It's not so bad if you get collateral but it seems largely pointless lending money when you either already have it or something of equal value when you can just use that instead.

[okae]

well from my point of view, i think you should forget about the escrow, since there is some Legendary members who already have 0% fees and with a nice reputation on this forum, so why should someone take you instead them?.

Promote your business /  rent your skills as programmer etc etc is a nice way to start building your reputation by providing a nice service and if you want a nice way to get some BTC, joining in a signature campaign is the best way i think.

[Yeah?]

There are quite a few ways to earn but basically you either need to offer a Service or Sell goods. You can escrow, give loans, sell bitcointalk accounts, do simple tasks etc. Competition is stiff though and it takes time to build rep up so you have to take that into consideration.

[iram66680]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending is better than Escrow , we can growht money 20-30 % per month but you must be careful so many scamer in This forum

Lending might be more profitable than escrow, but you still don't make much and many people default on their loans and end up scamming. Even with just one default it can wipe out all your profit from loans and send you into the red. It's not so bad if you get collateral but it seems largely pointless lending money when you either already have it or something of equal value when you can just use that instead.

Lending can be profitable if you do a simple check of the user and check out trust and posting history. The risk can be minimial but it would depend on how thoroughly you check. However, the lending industry in this forum is pretty competitive as users are starting to offer non collateral non interest loan.

[Frijj]

Lending can be profitable if you do a simple check of the user and check out trust and posting history. The risk can be minimial but it would depend on how thoroughly you check. However, the lending industry in this forum is pretty competitive as users are starting to offer non collateral non interest loan.

And those are the people that will get scammed eventually. I think a lot of users just take loans out for the feedback and then to scam at a later point.

[Emerge]

People already do escrowing here, check out the altcoin announcements where people do ICOs
People claim a big premium from those.

[iram66680]

Lending can be profitable if you do a simple check of the user and check out trust and posting history. The risk can be minimial but it would depend on how thoroughly you check. However, the lending industry in this forum is pretty competitive as users are starting to offer non collateral non interest loan.

And those are the people that will get scammed eventually. I think a lot of users just take loans out for the feedback and then to scam at a later point.

Im not talking about the people looking for loan. Im talking about the lenders.

People already do escrowing here, check out the altcoin announcements where people do ICOs
People claim a big premium from those.

It is a impractical way since not everyone is willing to accept the risk to take control of such a big amount. You may not be able to assure the security of the process. Most people don't have green trust anyway. If I'm looking for a escrow, I'll look for one with lowest fees and highest trust.

[ikydesu]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending or escrow is good option. Also you can build a cryptoproject with member here, sell skill(design, programming, ect), promote your bussiness related with cryptocurrency.

i personally already build a merchant which sell cryptocurrency merch and promote on this forum although just for my country only, for the future i will make my merchant bigger(worldwide shippment).


~iki

[rivoke]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

If you have something to sell like stuff that able to global shipping , You can start your bussiness here.
Let say if your current job is selling watch and you able to send inter-region, why would you try to send it globally with bitcoin as the payment.

[CryptoTrout]

this forum has enough problems and

[SaktoWuN]

if you get enough trust built up running and escrow service isnt out of the question, but this forum is  great hub for everything bitcoin related, use your brain and theres plenty of opportunities here.

[b-trading]

Thanks to you guys all...first my step here to build a nice reputation here in bitcointalk...I think in bussiness trust is the number one...after i read all post from you all...I think i have to start to think about the bussiness idea using this forum i.e I give a loan to member here with Account and Altcoin like Litecoin or Dogecoin as a collaterall...how do you think?

[pooya87]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

what you are asking completely depends on yourself and your skills.
to create a business you have to see what skills you have, for example if you are familiar with programming you can run a service for coding.
or if you have experience working with graphical design programs you might find some jobs that way.

i don't want to give any specific links but you can check the services section, you can see that apart from signature campaigns, there are others that are currently offering their services to earn some money.

i think forum has enough escrows so you might not be so successful in becoming one unless you do a 0% fee one which is not going to get you any money. but i think you have more success in lending bitcion.

[HeroCat]

You can make your own Web page with BTC payments, and then advert it in the forum  But you will have also competition from others, so you must be better 

[real789]

Thanks to you guys all...first my step here to build a nice reputation here in bitcointalk...I think in bussiness trust is the number one...after i read all post from you all...I think i have to start to think about the bussiness idea using this forum i.e I give a loan to member here with Account and Altcoin like Litecoin or Dogecoin as a collaterall...how do you think?

That a great idea i support you to do it
before you do it, you must know what your customer

reference :
https://bitcointalk.org/index.php?topic=119896.msg1291483#msg1291483
https://bitcointalk.org/index.php?topic=577765.0

[Bitdonator]

There is already many escrow services here. Some of them will serve
you for free, for only tips.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

[Herbert2020]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

[SebastianJu]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending is better than Escrow , we can growht money 20-30 % per month but you must be careful so many scamer in This forum

You can reliably get that profit per MONTH? Care to explain where and how you do it? If you get this profit per year on btcjam.com then you are already lucky. When you managed to have no one defaulting.

[iram66680]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

[b-trading]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

[Omikifuse]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

But there are so many loaners around and most likely the loan requests will be filled before you can even see them. And there are some people that even offer interest free loans to people.

And you can be scammed even with collateral, the other part can reset the account's password or be about to receive red trust, or have other problems that will make them useless

[SebastianJu]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

But there are so many loaners around and most likely the loan requests will be filled before you can even see them. And there are some people that even offer interest free loans to people.

And you can be scammed even with collateral, the other part can reset the account's password or be about to receive red trust, or have other problems that will make them useless

You would make sure that the escrow actually changed all account details that could be used to reclaim the account that was given as collateral. Its something i have to be very cautious too, as an escrow. I never want to miss a potential way a seller could use to reclaim an account.

[Omikifuse]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

But there are so many loaners around and most likely the loan requests will be filled before you can even see them. And there are some people that even offer interest free loans to people.

And you can be scammed even with collateral, the other part can reset the account's password or be about to receive red trust, or have other problems that will make them useless

You would make sure that the escrow actually changed all account details that could be used to reclaim the account that was given as collateral. Its something i have to be very cautious too, as an escrow. I never want to miss a potential way a seller could use to reclaim an account.

What can be done if the user put a secret question in his account? Do you verify it too?

[SebastianJu]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

But there are so many loaners around and most likely the loan requests will be filled before you can even see them. And there are some people that even offer interest free loans to people.

And you can be scammed even with collateral, the other part can reset the account's password or be about to receive red trust, or have other problems that will make them useless

You would make sure that the escrow actually changed all account details that could be used to reclaim the account that was given as collateral. Its something i have to be very cautious too, as an escrow. I never want to miss a potential way a seller could use to reclaim an account.

What can be done if the user put a secret question in his account? Do you verify it too?

I never had this case but i would most probably change it. If it cant be changed then the account cant be secured and he needs to provide another collateral. Its nothing were you should think about trusting a bit. The slightest hole in the protection will be used by a scammer.

[Muhammed Zakir]

i think both lending and becoming an escrow are good options but for both of them you will need some trust buildup. besides i fell like forum has enough of both of them.
you can sell goods on the forum though. if you can i think selling stuff is a good business and it will build up your trust too.

Lending doesn't need trust. For collateralised loans, escrow will be used and it can be done. Escrow needs significant trust and many people already offers 0% fee escrow already. It isn't a good way to earn.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

Only when a member or below offer collateral, then you can accept the loan. Check for trust rating and posting history. If the person is an addicted gambler, common sense will tell you not to lend him.

I think nothing wrong even a newbie member can get loan if they have collateral...with the term that collateral must have worth 110% of the value of loan

But there are so many loaners around and most likely the loan requests will be filled before you can even see them. And there are some people that even offer interest free loans to people.

And you can be scammed even with collateral, the other part can reset the account's password or be about to receive red trust, or have other problems that will make them useless

You would make sure that the escrow actually changed all account details that could be used to reclaim the account that was given as collateral. Its something i have to be very cautious too, as an escrow. I never want to miss a potential way a seller could use to reclaim an account.

What can be done if the user put a secret question in his account? Do you verify it too?

Secret question can be changed or removed if you know the password of that account which obviously escrow or lender knows. So it is not at all a problem.

[hilariousetc]

If you build your reputation over time there's a lot of different services that you can offer from loans, escrow, to managing threads and things for people etc.

There is already many escrow services here. Some of them will serve
you for free, for only tips.

But lending can be very profitable, but be careful.... there is a lot of
scammers here

That's why you take collateral. If you take their account as such and only give them half or less than what it's actually worth you could make a decent profit if they default but if they don't then you make a little on the interest instead.

[btc-facebook]

If you good at coding skill such like c++,php,java programming ...
good at designing for banner & logo ( animated or static ) or any helpful task or job
you can visit service section

[RealBitcoin]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

[SebastianJu]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

I guess after you checked that someone has a high rank, high activity, many posts, good actions, no defaults on loans and loans previously taken... you still should think of him as if thats nothing, as long as you dont know him more near and you can say for sure that he is the guy that created that trust. Otherwise he easily could be a sold account. Nowadays too many accounts are sold.

[pooya87]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe.
you simply get the collateral (money's worth) if they decided not to pay you back.

[RealBitcoin]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe.
you simply get the collateral (money's worth) if they decided not to pay you back.

Yea but a collateral is bullshit. You cannot ask for a 100% collateral otherwise taking the loan is useless.

Why would you take the loan and pay interest on it if you already got the money in another form.

But if you ask for 50% collateral you still have to deal with the other 50% risk, thats when you can rely on reputation and account behaviour.

[SebastianJu]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe.
you simply get the collateral (money's worth) if they decided not to pay you back.

Yea but a collateral is bullshit. You cannot ask for a 100% collateral otherwise taking the loan is useless.

Why would you take the loan and pay interest on it if you already got the money in another form.

But if you ask for 50% collateral you still have to deal with the other 50% risk, thats when you can rely on reputation and account behaviour.

If you have money in another form doesnt mean that you want to sell this. For example a steam account. You might want to keep it. Though you still can give it as collateral to an escrow.

And why should someone accept 50% risk? The scammer could have planned to scam an amount 50% of the taken loan. Then you gave him 100% of what he wanted that way.

[RealBitcoin]

If you have money in another form doesnt mean that you want to sell this. For example a steam account. You might want to keep it. Though you still can give it as collateral to an escrow.

And why should someone accept 50% risk? The scammer could have planned to scam an amount 50% of the taken loan. Then you gave him 100% of what he wanted that way.

It's not just about scams, its also about accidental defaults. There could be cases where the loaner just simply cant pay the loan back and it defaults on it.

For example if you give out 0.5 BTC for a gambler and he lose it all, but his income is from faucets only and he cannot pay it back at all.

In that case you need to factor that in, every bank or loaning agency does the same, there is mathematical part you cannot ignore when working with money , merely probability & statistics 

If many scammers appear suddenly then you got 2 options: raise the interest rates to cover the losses, or implement stricter rules for giving out loans.

[hilariousetc]

If you have money in another form doesnt mean that you want to sell this. For example a steam account. You might want to keep it. Though you still can give it as collateral to an escrow.

And why should someone accept 50% risk? The scammer could have planned to scam an amount 50% of the taken loan. Then you gave him 100% of what he wanted that way.

It's not just about scams, its also about accidental defaults. There could be cases where the loaner just simply cant pay the loan back and it defaults on it.

For example if you give out 0.5 BTC for a gambler and he lose it all, but his income is from faucets only and he cannot pay it back at all.

In that case you need to factor that in, every bank or loaning agency does the same, there is mathematical part you cannot ignore when working with money , merely probability & statistics 

If many scammers appear suddenly then you got 2 options: raise the interest rates to cover the losses, or implement stricter rules for giving out loans.

...Or just take collateral to make sure you're covered. Forum accounts are the best thing imo. Raising interest rates isn't really going to do much because any higher just makes it even less worth it for the borrower and less likely they'll pay back and even if you did raise them considerably it's still not going to be enough to cover losses. All you need is one scammer to not pay back and it will put you in the red from all your over loans.

[RealBitcoin]

If you have money in another form doesnt mean that you want to sell this. For example a steam account. You might want to keep it. Though you still can give it as collateral to an escrow.

And why should someone accept 50% risk? The scammer could have planned to scam an amount 50% of the taken loan. Then you gave him 100% of what he wanted that way.

It's not just about scams, its also about accidental defaults. There could be cases where the loaner just simply cant pay the loan back and it defaults on it.

For example if you give out 0.5 BTC for a gambler and he lose it all, but his income is from faucets only and he cannot pay it back at all.

In that case you need to factor that in, every bank or loaning agency does the same, there is mathematical part you cannot ignore when working with money , merely probability & statistics 

If many scammers appear suddenly then you got 2 options: raise the interest rates to cover the losses, or implement stricter rules for giving out loans.

...Or just take collateral to make sure you're covered. Forum accounts are the best thing imo. Raising interest rates isn't really going to do much because any higher just makes it even less worth it for the borrower and less likely they'll pay back and even if you did raise them considerably it's still not going to be enough to cover losses. All you need is one scammer to not pay back and it will put you in the red from all your over loans.

First of all you raise the interest rates on all clients, until the funds are recovered.

Also give out equal loans, giving out random amounts wont help you quantify the risk, but if you give packages of 0.1 BTC and their multipliers then it's easier to quantify the risk.

Depends of course of your budget.

If i were to loan out 1 BTC i would split it up into 0.02 BTC packages, and only give out more than 1 package to 1 person if he has a good reputation.

Otherwise a no collateral loan would also work, but of course only after some background check (account standing, previous things done, other loans, forum post quality / projects, etc)

[b-trading]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe.
you simply get the collateral (money's worth) if they decided not to pay you back.

Yea but a collateral is bullshit. You cannot ask for a 100% collateral otherwise taking the loan is useless.

Why would you take the loan and pay interest on it if you already got the money in another form.

But if you ask for 50% collateral you still have to deal with the other 50% risk, thats when you can rely on reputation and account behaviour.

If you have money in another form doesnt mean that you want to sell this. For example a steam account. You might want to keep it. Though you still can give it as collateral to an escrow.

And why should someone accept 50% risk? The scammer could have planned to scam an amount 50% of the taken loan. Then you gave him 100% of what he wanted that way.

I agree with you sometimes there is any condition that you really need money in other side you have money in another form for example you have gold...but you dont want to sell the gold..and you can use the gold as collateral to get money from loan

[Coinshot]

Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters.

You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc

All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business.

Good luck friend! 

IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe.
you simply get the collateral (money's worth) if they decided not to pay you back.

Yea but a collateral is bullshit. You cannot ask for a 100% collateral otherwise taking the loan is useless.

Why would you take the loan and pay interest on it if you already got the money in another form.

But if you ask for 50% collateral you still have to deal with the other 50% risk, thats when you can rely on reputation and account behaviour.

You can and there are people that do because you don't want to sell and lose your account for all eternity if you need a short term loan, and you might not want to sell altcoins you hold and that you think will rise more than the loan interest during the loan time.

[gon]

BTCT is nice marketplace.
Volume of bussiness is increasing. Good place to look for smart investition.