This is why Bitcoin P2P lending is dead.

[sbtctalk]

Nobody takes loans without collateral seriously anymore, the risk is just too great even with a market being present but people not ready to repay is just too much of the total people taking loans, You can't do anything with there documents anyway if you can't sue them..

Yes you are right. The collection of documents is useless and pointless. Don't know what these loan sites are thinking.

[RealBitcoin]

COLLATERAL!!

You cannot enforce international bitcoin loans. That is why you must take collateral for it. If you are stupid enough to give your money away to international strangers without any guarantee, then you deserve to lose them.

[shield132]

Online p2p worldwide loans are very risky business and especially if you are using bitcoin where privacy is protected highly. If you would make online loans in your local country than it will be very good idea and it will help bitcoin to be more known.
I never invest in bitcoin p2p lending websites because I can't trust person which I don't know and I don't have any chance to get money from him/her, so this is the reason why bitcoin p2p lending is dead.

[Doamader]

Online p2p worldwide loans are very risky business and especially if you are using bitcoin where privacy is protected highly. If you would make online loans in your local country than it will be very good idea and it will help bitcoin to be more known.
I never invest in bitcoin p2p lending websites because I can't trust person which I don't know and I don't have any chance to get money from him/her, so this is the reason why bitcoin p2p lending is dead.

In the past i believe those which joined and use bitcoin were all honest people with money invested into bitcoin, or time invested, but well i doubt someone will burn 50 dollars for funny, i didnt see any ponzis related to bitcoin in that moment, but i knew as the people were able to cashout the repayment could be done or not, soo i tryed and im happy that i had roi and lost a lot coins into those system, btcjam its a nightmare, and those project shouldnt be running that way.

[bitdrafter]

Nobody takes loans without collateral seriously anymore, the risk is just too great even with a market being present but people not ready to repay is just too much of the total people taking loans, You can't do anything with there documents anyway if you can't sue them..

Yes you are right. The collection of documents is useless and pointless. Don't know what these loan sites are thinking.

On top all that, it's not too hard to fake a lot of the required documents. Collateral or nothing.

[MONKEYJUNK]

Nobody takes loans without collateral seriously anymore, the risk is just too great even with a market being present but people not ready to repay is just too much of the total people taking loans, You can't do anything with there documents anyway if you can't sue them..

Yes you are right. The collection of documents is useless and pointless. Don't know what these loan sites are thinking.

On top all that, it's not too hard to fake a lot of the required documents. Collateral or nothing.

Lending? Sorry however this looks more like a giveaway

None lend without colateral... You knew the riskys OP

[bitcoinmasterlord]

Nobody takes loans without collateral seriously anymore, the risk is just too great even with a market being present but people not ready to repay is just too much of the total people taking loans, You can't do anything with there documents anyway if you can't sue them..

Yes you are right. The collection of documents is useless and pointless. Don't know what these loan sites are thinking.

On top all that, it's not too hard to fake a lot of the required documents. Collateral or nothing.

If you want to be successful in this lending business then it is simple you should accept the collateral which you can liquidate easily and don't ever accept the collateral which you feel have a difficult to sell off if a borrower doesn't return your money. Don't believe in any document verification process and lend money because it is your money so you should own the collateral, not by some third party.

[naidray]

Nobody takes loans without collateral seriously anymore, the risk is just too great even with a market being present but people not ready to repay is just too much of the total people taking loans, You can't do anything with there documents anyway if you can't sue them..

Agree. If you lend there must be a collateral otherwise you can say bye bye to your money.

Of course if you are lending there should be escrow and collateral for which if the loan is defaulted or not pay back at all you can be sure you have something worth more that the loan you have given out. That will make everything very simple for you and prevent financial loses. Every business must be done in its own smart way for sure-shot profit making !

[BiTZeD]

That's why the collateral has been created. It enables trustless P2P lending, since if you don't get reimbursed, that's not a problem.

[Monnt]

Lending? Sorry however this looks more like a giveaway

None lend without colateral... You knew the riskys OP

Of course, lending without collateral is like you are just giving away the money beacuse not everybody is trustworthy and even the trustworthy ones may have some difficult in repaying back due to his typical circumstances, should that happen the only option for you to get back what you have offered is to sell off the collateral.
Hence, without colateral is like you are a father Christmas.

[BuySomeBitcoins]

You just threw your coins away dude.

[Zadicar]

I was shocked  when  i saw  the  first  4 pages. lol. You cant really afford  to continue  even  more on those  more pages left because for sure   its  still red.  Sameas  others  said here,  thats  not a loan  its  a giveaway and  those amounts   when  you  pile  it up it would sure be some  bitcoin. YOu shousl  really ask  for  collateral  because  giving  loan  to  everyone without  collateral would  be really risky because  anytime they  could  not   able to repay those  loan which is a total loss  for you.

[carlfebz2]

I see donations here   Showing  pile of RED really hurts  too much because  those  mean is a  money  lost.  Loaning  business  or  investment  is  really risky especially if you don't  ask  for collateral  because  anyone could  ran   and  don't   intend to  pay their  debts since they  don't risk anything from  you.  TO be  safe and  lessen the risk always ask  for collateral  because  if  they  will ran atleast  you  hold  somethings  exchange for their  loans.

[hisuka]

I would never use this p2p lending, so many scammers there, if they don't give real collaterals, i can't trust them online. Bitcoin world is a wild west

This is so true, never understimate others they would definitely do to scam
people. For me Ill never use this P2p lending, I suggest before careful in
anything that you have plan with your money.

[doof]

You gave away pretty much untraceable cash to strangers over the internet, and you're surprised no one paid you back?

[BingoDog]

P2P lending is great system but like many other good things it sometimes get abused. That doesn't mean we have to blaim P2P but try to improve things to put scams and other bad things on minimal level. I beleive that many people want to borrow coins with honest intention so we don't have to blaim them all.

[WarrEagle]

P2P is a nightmare. There is no possible way that anyone could ever convince me to loan money to a stranger and HOPE that I get it back. For that matter, i wont even loan money to friends. It's usually a friendship killer when you dont get paid back.

[manselr]

I remember when BTCJam was a thing. I gave up because all it is is a way for scammers to get free BTC. Nothing happens to them so they just default and run with your precious BTC.
The moral of the story is, never lend, sell, give, anything with your BTC. Just hold it.

[sevendust777]

Giving a loan to someone is a very risky without collatera and escrow. People tends to lend some, provide valid id though still lack of documents required from a borrower. Its still they will not pay, mostly they will scam and run.