[ANN][PRE-ICO] LoanBit - P2P lending & investment

[nafantc]

75% is maximum coverage, minimal is 20%

The fact that the platform takes on part of the responsibility inspires confidence.

And as a friend ?? After all, in fact, the platform will share risks with the lender. Without additional support, the creditors will be missed, for the normal operation of the platform.

What kind of additional support? Extra insurance?

That's right, it turns out that the project shares the risks of its creditors. I think that this main highlight of LoanBit.

[whitewhidow]

Great job guys

This is not end, the project still have lots of things undone, look at the roadmap, 2018 year is still full of tasks

Yes, there are still many plans and ideas to be implemented by developers. Let's see what happens.

I’m very interested at the MVP launch. I hope, we will get it in April.

The developers of the LoanVit project promised the MVP launch in the second half of April. The project looks pretty serious, I think we will not abandon plans.

I hope so, MVP launching is very important step for LoanBit and us.

If you do not start to run MVP, then all the work is in vain and the project will close. I think that Yes it is an important factor

[iDrago]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

[nafantc]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

It is possible that a stable market will favorably influence the operation of the platform. But, in fact the crypto-currency market is stable non-existent

[whitewhidow]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

[dan1elsjack]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

[Bearing Bear]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

It doesn't matter, the amount is fixed at the time of signing the loan contract

[but3rin]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

Even US dollar rate changing from time to time. Keep calm and borrow money.

[LightFork]

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

The one who took the loan in bitcoin will be able to give it away with less money.

[Holopopstyir]

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

It doesn't matter, the amount is fixed at the time of signing the loan contract

But one of the parties to the treaty will become more difficult to fulfill its contractual obligations.

[Pay4youractivity]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

Yes, you are right, but both sides of the deal should understand the risks of this market.

[Whitethoughts]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

It depends on what stability you say. In the crypto currency, volatility will always be more than an order of magnitude in fiat.

[nafantc]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

For the borrower, this situation will be extremely beneficial. I think the platform in the red will not remain exactly, they'll think of something in the form of an additional stump.

[BaalMcKloud]

Even US dollar rate changing from time to time. Keep calm and borrow money.

Do you mean earning by borrowing money?

[NewDeal]

For the borrower, this situation will be extremely beneficial. I think the platform in the red will not remain exactly, they'll think of something in the form of an additional stump.

If the counterparty in this transaction is a hodler, then both parties will be satisfied.

[th4o]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

It is possible that a stable market will favorably influence the operation of the platform. But, in fact the crypto-currency market is stable non-existent

This feature must be taken into account when concluding a loan agreement.

[tilecuwi]

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

It doesn't matter, the amount is fixed at the time of signing the loan contract

With certain events on the market, it will be very difficult to fulfill the terms of the loan.

[but3rin]

Even US dollar rate changing from time to time. Keep calm and borrow money.

Do you mean earning by borrowing money?

Yeah, why not. Nothing personal - stritly business.

[kapa6ac]

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

It doesn't matter, the amount is fixed at the time of signing the loan contract

With certain events on the market, it will be very difficult to fulfill the terms of the loan.

So how can platform minimize those risks?

[nafantc]

I think LoanBit will work successful only at stable market. Changing rates are not good neither borrower nor loaner.

I do not think that an unstable market, either as it may, will affect the work of the project. In fact, the crypto currency will never be stable, it's not a dollar.

But how can effect changes in three months when BTC rates goes from $20K to $6.5K?

It doesn't matter, the amount is fixed at the time of signing the loan contract

Let's assume the loan is taken in Bitcoin, let's say its current price is $ 500. And after 2 weeks, when the loan needs to be returned, Bitcoin costs 200 dollars. It turns out that the lender loses all the profits, and the borrower on the contrary in the black.