Potencial Bussiness In Bitcointalk.org

[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.