New Lending Platform BitLend.io

[simdude]

New Lending Platform is coming online at https://BitLend.io.

Its invite only but you can signup for a invite.

i got 2 invites to give away if anyone wants them

[Vod]

New Lending Platform is coming online at https://BitLend.io.

Its invite only but you can signup for a invite.

i got 2 invites to give away if anyone wants them

Another scam lending site?

I wonder if they release the borrowers information when the borrower defaults.   

[Pro Gamers]

Any unique function than the btcjam.com and bitlendingclub.com?

[simdude]

As of right now the only thing i can see is they are strict as hell on the Credit Approval Process. And there support staff is very responsive. (This from me the lead developer)

[roadbits]

As of right now the only thing i can see is they are strict as hell on the Credit Approval Process. And there support staff is very responsive. Over all i won't know anything till i get a loan funded and can see how that works.

I think they good in all these things because they have to attract people to their service and they are new as of now. Is their any way lenders are protected in case of scam? if not then it another scam site only.

[simdude]

That might be something to ask there support staff. Give them a shout out http://support.bitlend.io/

[korfax]

I signed up for bitlend.io last night. So far, I really like it. It has a fast and very clean UI. I sent over 3 btc and was notified the second it came in.

Pros:

Clean UI
Very easy and fast to navigate
Easy to submit verification info - They approved my identity in less than 20 mins. CRAZY FAST
Seems very secure and professional
No problems transferring BTC or funding loans
SUPPORT IS AMAZING. They responded to my tickets in less than 10 mins.
The support staff using a system called reamaze which is an amazing piece of support software. That tells me they take this very seriously because it's not cheap.
FAQ has a lot of useful information on it.


Cons:

I'd like to know what happens to my info once I submit it. - Support ticket submitted
I couldn't submit PDFs for verification.  - Support ticket submitted
Not a lot of information presented to the lender. I'd like more info around the loans I fund.  - Support ticket submitted
I'd like to see the stage the loan is in after it is 100% funded.  - Support ticket submitted
There is an INVEST or BORROW box that keeping popping up every time I click on the dashboard link - ANNOYING! I know they're working on that.  - Support ticket submitted
No loans left to fund. I funded them all  

Final thoughts:

For launching last night, these guys nailed it. I really like this site. There is work that needs to be done to streamline it and clean it up a little. I noticed this morning that they already fixed bugs I found. They take my emails seriously and the support staff is amazing. I look forward to using this site. I recommend everyone take a look at it, let me know what you think.

[twister]

I signed up for bitlend.io last night. So far, I really like it. It has a fast and very clean UI. I sent over 3 btc and was notified the second it came in.

Pros:

Clean UI
Very easy and fast to navigate
Easy to submit verification info - They approved my identity in less than 20 mins. CRAZY FAST
Seems very secure and professional
No problems transferring BTC or funding loans
SUPPORT IS AMAZING. They responded to my tickets in less than 10 mins.


Cons:

I'd like to know what happens to my info once I submit it. - Support ticket submitted
I couldn't submit PDFs for verification.  - Support ticket submitted
Not a lot of information presented to the lender. I'd like more info around the loans I fund.  - Support ticket submitted
I'd like to see the stage the loan is in after it is 100% funded.  - Support ticket submitted
There is an INVEST or BORROW box that keeping popping up every time I click on the dashboard link - ANNOYING! I know they're working on that.  - Support ticket submitted
No loans left to fund. I funded them all 

Final thoughts:

For launching last night, these guys nailed it. I really like this site. There is work that needs to be done to streamline it and clean it up a little. I noticed this morning that they already fixed bugs I found. They take my emails seriously and the support staff is amazing. I look forward to using this site. I recommend everyone take a look at it, let me know what you think.

Brand new guy, first post, 3 BTC deposit straight away to a just launched lending site, and a vouch as a customer.

Seems legit.

[korfax]

I signed up for bitlend.io last night. So far, I really like it. It has a fast and very clean UI. I sent over 3 btc and was notified the second it came in.

Pros:

Clean UI
Very easy and fast to navigate
Easy to submit verification info - They approved my identity in less than 20 mins. CRAZY FAST
Seems very secure and professional
No problems transferring BTC or funding loans
SUPPORT IS AMAZING. They responded to my tickets in less than 10 mins.


Cons:

I'd like to know what happens to my info once I submit it. - Support ticket submitted
I couldn't submit PDFs for verification.  - Support ticket submitted
Not a lot of information presented to the lender. I'd like more info around the loans I fund.  - Support ticket submitted
I'd like to see the stage the loan is in after it is 100% funded.  - Support ticket submitted
There is an INVEST or BORROW box that keeping popping up every time I click on the dashboard link - ANNOYING! I know they're working on that.  - Support ticket submitted
No loans left to fund. I funded them all  

Final thoughts:

For launching last night, these guys nailed it. I really like this site. There is work that needs to be done to streamline it and clean it up a little. I noticed this morning that they already fixed bugs I found. They take my emails seriously and the support staff is amazing. I look forward to using this site. I recommend everyone take a look at it, let me know what you think.

Brand new guy, first post, 3 BTC deposit straight away to a just launched lending site, and a vouch as a customer.

Seems legit.

Hi, I actually just signed up for bitcointalk just to post on this thread to tell everyone about my experiences. I will admit I know the team that is running it,  I should have mentioned that.  I have NO controlling or vested interest in bitlend other than the loans I fund. I'm only here to offer my thoughts on it.  I have been very critical of the site when things didn't work.

The second something doesn't work I'll be over here bashing them and calling them out.

BTW - I have two invites if someone whats one.  PM me your email.

[Paul Revere]

Great, Another way for no-knowledge ding dongs to borrow BTC to "invest" in the next ponzi scheme. Then of course, the Ponzi goes belly up and the loans do not get repaid and these poor gullible fools who borrowed end up having their credit destroyed. The lenders also lose out of course, the only winners are the shylocks enabling this to happen and those running the various HYIP (Ponzi) scams. Without predatory lending outfits like this, the amount and success of the various scams in the crypto world would diminish and sucker in less people. This operation is even brought to you courtesy of some of the people directly involved in the implementation of the Paycoin scam.  

[jacee]

These lending sites doesn't really works well. Either you get scammed or your loan gets ignore. Site owners need to apply more security when it comes to creating a loan in their service or else this will be just another haven for scammers.

[Paul Revere]

I signed up for bitlend.io last night. So far, I really like it. It has a fast and very clean UI. I sent over 3 btc and was notified the second it came in.

Pros:

Clean UI
Very easy and fast to navigate
Easy to submit verification info - They approved my identity in less than 20 mins. CRAZY FAST
Seems very secure and professional
No problems transferring BTC or funding loans
SUPPORT IS AMAZING. They responded to my tickets in less than 10 mins.


Cons:

I'd like to know what happens to my info once I submit it. - Support ticket submitted
I couldn't submit PDFs for verification.  - Support ticket submitted
Not a lot of information presented to the lender. I'd like more info around the loans I fund.  - Support ticket submitted
I'd like to see the stage the loan is in after it is 100% funded.  - Support ticket submitted
There is an INVEST or BORROW box that keeping popping up every time I click on the dashboard link - ANNOYING! I know they're working on that.  - Support ticket submitted
No loans left to fund. I funded them all  

Final thoughts:

For launching last night, these guys nailed it. I really like this site. There is work that needs to be done to streamline it and clean it up a little. I noticed this morning that they already fixed bugs I found. They take my emails seriously and the support staff is amazing. I look forward to using this site. I recommend everyone take a look at it, let me know what you think.

Brand new guy, first post, 3 BTC deposit straight away to a just launched lending site, and a vouch as a customer.

Seems legit.

Hi, I actually just signed up for bitcointalk just to post on this thread to tell everyone about my experiences. I will admit I know the team that is running it,  I should have mentioned that.  I have NO controlling or vested interest in bitlend other than the loans I fund. I'm only here to offer my thoughts on it.  I have been very critical of the site when things didn't work.

The second something doesn't work I'll be over here bashing them and calling them out.

BTW - I have two invites if someone whats one.  PM me your email.

Korfax is a hardcore Paycoiner. Please take your lame shilling attempts back to your Paycoiner hangout: https://paycointalk.org/topic/592/bitlend-io-new-btc-lending-platform



Huh? They only gave you TWO "invites" to shill with? Why not 2 million?

[kken01]

simdude is Jason Sponaugle the sites dev. why not clearly state that?
he also worked for Garza/GAW as a dev (paycoingateway) and defended the clusterfuck at times. current admin of paycoin forums and one of the devs

the CEO Allen Shinner is the guy who is pursuing group lawsuit (400 people+) against GAW. trust worthy guy

Richard Nelson (support) is in team paycoin. not quite sure if he worked for GAW or just forum sanitizer

korfax was a moderator for the current paycoin forum

[Paul Revere]

simdude is Jason Sponaugle the sites dev. why not clearly state that?
he also worked for Garza/GAW as a dev (paycoingateway) and defended the clusterfuck at times

the CEO Allen Shinner is the guy who is pursuing group lawsuit (400 people+) against GAW. trust worthy guy

Richard Nelson (support) is in team paycoin. not quite sure if he worked for GAW or just forum sanitizer

korfax was a moderator for the current paycoin forum

Nice cartoon there , Jason. Trying to hide the fact that you are a nose picking fat slob kid ?

The real Jason Sponaugle/simdude





When you have the people running something like  this hiding behind puppet accounts and talking to themselves as if they are actually customers, you know for sure that it is like TOTALLY 100% legit.  

P.S: Gotta love how they claim this is not associated with Paycoin, and then all of the "invites' are given out on the Paycoiner forums.

Hey assholes: Please stop preying on the stupid fucking Paycoiners FFS.

Conning people who are just this side of completely fucking retarded is NOT COOL!

[simdude]

I have never worked for GAW just to make sure you all understand that.

[kken01]

fine parse semantics. you made paycoingateway, made contributions to paycoin foundation github etc etc during Garzas reign

or do you deny that you are Jason Sponaugle the dev of BitLend.io aka Yoshi current admin of paycoin forums, part of team paycoin and github contributor?

As of right now the only thing i can see is they are strict as hell on the Credit Approval Process. And there support staff is very responsive. Over all i won't know anything till i get a loan funded and can see how that works.

why do you talk like you are a customer?


edit: some more information

operated by Bitlend LLC, an United Arab Emirates Limited Liability Company ("Bitlend").

Interesting.

A Limited Liability Company (LLC) is the most common type of registration in the UAE and is recommended where the purpose of the entity is to make sales within the region. However, it should be noted that 100% foreign ownership of such an entity is not permitted. Under the UAE Commercial Companies Law (CCL), foreign investors are permitted to hold up to 49 per cent equity ownership in UAE companies and 51 per cent of the equity must be held at all times by one or more UAE nationals.

https://bitcointalk.org/index.php?topic=857670.msg12458534#msg12458534



richard nelson seems to be the support person for bunch of different paycoin related things

[Paul Revere]

So, it has been stated that these three are the sole owners of this. Which one is a UAE resident?



Who is it? Is it you Jason/simdude? You been over there bumpin sandals with your bro Garza or what?

[suchmoon]

As of right now the only thing i can see is they are strict as hell on the Credit Approval Process. And there support staff is very responsive. Over all i won't know anything till i get a loan funded and can see how that works.

You work for "them", your face is on the site, and you refer to the site as "they" pretending to be a customer? With no disclosure of your involvement. Wow.

Edit - just to make it clear: https://archive.is/l8PUB#selection-6653.0-6759.104

edit: some more information

operated by Bitlend LLC, an United Arab Emirates Limited Liability Company ("Bitlend").

Interesting.

A Limited Liability Company (LLC) is the most common type of registration in the UAE and is recommended where the purpose of the entity is to make sales within the region. However, it should be noted that 100% foreign ownership of such an entity is not permitted. Under the UAE Commercial Companies Law (CCL), foreign investors are permitted to hold up to 49 per cent equity ownership in UAE companies and 51 per cent of the equity must be held at all times by one or more UAE nationals.

https://bitcointalk.org/index.php?topic=857670.msg12458534#msg12458534

They may have forgotten to register it. Love the laundry results though.

http://cbls.economy.gov.ae/


Edited 2020-11-28 to fix a broken image

[simdude]

I wish i knew where garza was. Just so you know i am a Developer i know the system pretty well for sure. But overall its really up to who ever invests or borrows to report about the system. All i want is for people to join up and try it out. Other then that. That is all i can say about BitLend.io.

[kken01]

i was not asking about bitlend. do you deny that you are Jason Sponaugle ?