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BillyBurns (OP)
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August 16, 2016, 07:20:53 PM
 #1

Hi guys, I'm new to the btc seen. I have monies Im lending on poloniex and bitfiniex is there any other exchanges that offer the lendering service. Im trying to get on many as I can to spread out the list, not going to be active enough on my lending to use sites like btcjam where the risk is higher so just let me knbow about lending exchanges that are like polo and bitfinex thank you.

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August 16, 2016, 07:41:08 PM
 #2

Have you not just noticed what happened with Bitfinex? And read the terms and conditions of places like Poloniex. They don't make for very reassuring reading. Personally it's too much risk for me but you're totally right about places like BTCjam as well.

Kraken does margin trading as well but I think they privately fund it.

You could also look into investing in casino bankrolls. Some of them are the most trustable Bitcoin businesses.
BillyBurns (OP)
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August 16, 2016, 08:00:47 PM
 #3

I see this as prime striking opportunity where people are scared of the streets because of what happened.

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August 16, 2016, 08:07:27 PM
 #4

Lending means you will store funds on the exchange and bitfinex hacking shows us what can happen when you trust an exchange site will your money, they will take more than its third claiming they were hacked :/
BillyBurns (OP)
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August 16, 2016, 08:11:25 PM
 #5

Anybody know how to get in kraken private funding?

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August 16, 2016, 08:21:11 PM
 #6

Anybody know how to get in kraken private funding?

I don't think they're interested in private individuals.

https://www.reddit.com/r/BitcoinMarkets/comments/4cmzit/is_kraken_lending_out_customer_funds/

'We're using a combination of our own assets and private loans to fill our margin pool. The advantage is that we can always offer the same rate. The disadvantage is that at times of peak activity, it's possible for the pool to be exhausted. I like the peer lending approach, being able to offer clients an opportunity to earn interest, but we determined it to have regulatory complications we didn't want to deal with.'
BillyBurns (OP)
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August 16, 2016, 08:24:58 PM
Last edit: August 16, 2016, 08:46:59 PM by BillyBurns
 #7

Lending means you will store funds on the exchange and bitfinex hacking shows us what can happen when you trust an exchange site will your money, they will take more than its third claiming they were hacked :/

All forms of storing take some form of risk, from what I know isnt bitfiniex paying back the customers over time?

I know the risk's I'm taking. I would not  risk what I cannot lose, 10-14% roi yearly appealing given how much one could get done with little effort. I just really need to find some more places to spread out risk.

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August 16, 2016, 09:33:48 PM
 #8

Hi guys, I'm new to the btc seen. I have monies Im lending on poloniex and bitfiniex is there any other exchanges that offer the lendering service. Im trying to get on many as I can to spread out the list, not going to be active enough on my lending to use sites like btcjam where the risk is higher so just let me knbow about lending exchanges that are like polo and bitfinex thank you.

Hallo Billy,

I send you a Pm. I think you are looking for some kind of passive income. Our investment service allow you to hold your BTC always in your hand by choosing you preferred Broker and a fixed level of risk. Feel free to contact us for further information.

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August 16, 2016, 11:01:14 PM
 #9

Im using poloniex for around a year and till the moment i got no issue with them, they invest deeply into security after the funds hacker or something similiar bitfinex, poloniex is the best exchange today, atleast for me, and has a lot bitcoins being traded daily, soo if we dont trust exchanges what will we trust casinos?
The rollback is a great option as people like to gamble and its the main area where bitcoins are being spent.
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August 16, 2016, 11:11:21 PM
 #10

I see this as prime striking opportunity where people are scared of the streets because of what happened.

If you like to take high risks, your free to use the opportunity. However Bitcoin history suggests that when people already run from a service it is much more likely to fail than to recover.

The risk/reward-ratio for Bitcoin loans is extremely bad unless you demand sufficient collateral. Even a promised 10-14% annual return is not sufficiently mitigating the risk. I don't think it is advisable to use third party services, because you have to be sure that they are not fraudulent/secure for a long time.

It is much easier and less risky to do some work or sell some stuff to earn Bitcoin.

ya.ya.yo!

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August 17, 2016, 12:49:22 AM
 #11

Im using poloniex for around a year and till the moment i got no issue with them, they invest deeply into security after the funds hacker or something similiar bitfinex, poloniex is the best exchange today, atleast for me, and has a lot bitcoins being traded daily, soo if we dont trust exchanges what will we trust casinos?
The rollback is a great option as people like to gamble and its the main area where bitcoins are being spent.
your post is out of topic not to be a spammer, the OP means he are searching about the another exchange of bitfines and poloniex is having a lending service. not to hearing about your story.

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August 17, 2016, 07:02:13 AM
 #12

we need to trust the sites which are legit from long time . I heard that poloniex is good site , where as bitfinex is recently hacked .best is to keep only small amount on the exchanges , if it is trustworthy and site has more security features then you can invest further

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August 17, 2016, 07:19:29 AM
 #13

we need to trust the sites which are legit from long time . I heard that poloniex is good site , where as bitfinex is recently hacked .best is to keep only small amount on the exchanges , if it is trustworthy and site has more security features then you can invest further

apparently these days it doesn't matter how trusted the exchangers are because they all can get hacked. before the bitfinex hack you could never hear anything about them being unsafe just like you can not hear anything about poloniex being unsafe, and yet you saw how bitfinex was hacked.

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August 18, 2016, 02:56:54 AM
 #14

I see this as prime striking opportunity where people are scared of the streets because of what happened.
I am quite suprised that you still trusting bitfinex, i will suggest to wait few months or even years before using bitfinex again. Poloniex is one of the trusted exchanger right now, i am not lending their but i am doing margin trading, day trading everyday and i like them. However spreading bitcoins in different exchanger would be right decision, don't try btcjam like sites. You may also try investing in trusted gambling bankroll but risk is quite higher in them.

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August 18, 2016, 03:24:10 AM
 #15

One of the previous posters mentioned bankrolling gambling sites. I've had good success with that.

I think Poloniex is trustworthy but you won't make a lot.

Stay away from btcjam and similar sites. You can do a thread search on this forum to see people's experiences with those sites. Some had good experiences, most had bad ones.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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August 18, 2016, 05:43:17 PM
 #16

Lending means you will store funds on the exchange and bitfinex hacking shows us what can happen when you trust an exchange site will your money, they will take more than its third claiming they were hacked :/
yeah it is better not to do that, no one knows for sure what happened on that exchange, in my opinion it is better to have as less stuff as possible with bitcoins

 
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