[ANN] BTCJam - Peer to Peer Bitcoin Lending

[thy]

A little bug i noticed, sometimes on some loans it dosen't work to make comments, you get to the dashboard instead with a message that your already logged in like on https://btcjam.com/listings/5952, where it's not working at the moment to make comments.

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[Shermo]

Will the Ziggap loan be going to arbitration at some point? I am owed 62.044184BTC (£5000 at current exchange rate)

[thy]

Is BTCjam under some kind of attack ? They started to show 0 BTC balance a while ago and now hosttracker has there site as down from all there server they test from.

[AlexC]

Something strange is going on, I have a Account Balance with -27.91649214 and Unconfirmed: 28.20367024...

/AlexC

[Tulkas]

Hello,

Amazon EC2 went offline this morning. We are now reindexing the wallet, all coins are safe.

[thy]

Thanks for the info, good to hear everything is ok Tulkas.

[hamburger]

New and existing user please take note;

1) BTCJam does not respond to emails requesting answers to simple questions.

2) Do not make use or rely on their automated payment system - it does not work.

3) If their site goes down - your credit rating is negatively affected if you can not make any payments due.

What 'n nice system to use, as long as they can collect their 4% - stuff you (this is the message I get load and clear from them over the past week)

Utterly disgusted.

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[Rassah]

Does BTCJam have any sort of customer support aside from Tulkas?

[mobile]

Does BTCJam have any sort of customer support aside from Tulkas?

I have no idea but I can say that Ive never received a response when utilizing their contact emails found on the "contact us" page

[thy]

New and existing user please take note;

1) BTCJam does not respond to emails requesting answers to simple questions.

2) Do not make use or rely on their automated payment system - it does not work.

3) If their site goes down - your credit rating is negatively affected if you can not make any payments due.

What 'n nice system to use, as long as they can collect their 4% - stuff you (this is the message I get load and clear from them over the past week)

Utterly disgusted.

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You shouldn't have to be affected negative when there site fails, they really should fix such things as soon as possible, not your fault if you can't log in because the site is down or if the automatic payments fails. If the site gives you negative rating or if you have to pay extra fees because of there faults they really need to fix such bugs immediately.

[mobile]

After a long period of time, I decided to log into my account at BTCJam to see if my defaulted borrowers had repayed their debt. I had a small amount of BTC in my wallet and upon logging in, it is gone. Tulkas should this be taken up in a PM?

[AlexC]

Hi
I just paid back my loan https://btcjam.com/listings/6453.

But the 12xTAT.ASICMINER was not returned to my btct account?

The 10xBASIC-MINING was returned as expected.

Should i do anything to solve this problem ?

/AlexC

[supermono]

Hi
I just paid back my loan https://btcjam.com/listings/6453.

But the 12xTAT.ASICMINER was not returned to my btct account?

The 10xBASIC-MINING was returned as expected.

Should i do anything to solve this problem ?

/AlexC

It might be because the BTCT.CO exchange is going to be shutting down soon, and ThickAsThieves has already locked this asset in preparation for migrating it to another exchange. I suggest that you send PMs to both Tulkas and ThickAsThieves and hopefully one of them will be able to help you.

Please let us know if you receive a response from Tulkas, and if your problem gets solved. (I am trying to make a decision these days as to whether or not to continue using BTCJam, and my decision will depend mainly on whether they find another solution for secured loans now that BTCT is closing, and whether or not they improve customer service and start answering emails and forum posts.)

Good luck!

[Rassah]

The CEO is at a Bitcoin conference in Amsterdam this week. I don't know if they have anyone else running things while he is away.

[Petervdv]

Hi,

I've been using btcjam for a while and of course I've had some default loans (who hasn't).

I too am whaiting for a response from Tulkas on two important questions:

1) How do I convert this official piece of paper into actual recovered bitcoins in my wallet? Do I need to send a copy of the arbitration award to some legal entity somewhere?

2) Now that I have been officially given the debtors' identity information as part of the arbitration process, can I contact them without violating BTCJam's Terms of Service?

I think maybe it's time to stop waiting for a response from btcjam en try to take legal actions.

I've got some questions and ideas. First one: I think it's a good idea to centralize all of the arbitrated loans in one place, a website, sorted by identity, country, etc. That way, we know which people are big debtors and in which country's they are.

Second, I'm looking for someone with juridical knowledge or valuable connections to stand up and look for the possibilities to collect the money through a collection agency who is willing to try and collect bitcoins.

First question: Am I making major thinking errors? Is this idea ridiculous because of certain things I'm forgetting?

Second: who is willing and able to make an easy website for collecting arbitration award? I'm thinking of a simple form where everybody can upload their arbitration award and fill out name en details of the parties?

Please let me know what you guys think.

[Shermo]

Has Tulkas disappeared or is he just ignoring peoples questions?

I would like to know the status of the Ziggap loan as it was taken out before arbitration, therefore can all the people owed be given the owners details we can start legal proceedings on our own as the defaulted amount is very substantial.

[BurtW]

Name:  Tulkas
Posts:  339
Activity: 339
Position:  Sr. Member
Date Registered:  June 10, 2011, 11:54:44 PM
Last Active:  October 16, 2013, 06:36:29 PM

[AlexC]

I have not had any response from BTCJam/Tulkas yet on this. I have also contacted the support@btcjam.com, but they havn't giving any answer or feedback either.

So now I start wandering what happens with my 12xTAT.ASICMINER in escrow at the account celso when btct.co shuts down?

/AlexC

Hi
I just paid back my loan https://btcjam.com/listings/6453.

But the 12xTAT.ASICMINER was not returned to my btct account?

The 10xBASIC-MINING was returned as expected.

Should i do anything to solve this problem ?

/AlexC

[Shermo]

Name:  Tulkas
Posts:  339
Activity: 339
Position:  Sr. Member
Date Registered:  June 10, 2011, 11:54:44 PM
Last Active:  October 16, 2013, 06:36:29 PM

He was last on 25th October, so he is still visiting the forums periodically but just ignoring peoples questions.

[favdesu]

BTCJam doesn't have a support fact. no reaction to any mails I sent them (waiting since 2 months now).

Worst service and it's a scammers heaven. I wouldn't recommend it.