bitpop (OP)
Legendary
 Offline
Activity: 2912
Merit: 1060
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June 14, 2014, 10:49:46 PM |
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After our experiences we start asking for full collateral which people who need loans can't do
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Man_of_moon
Newbie
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Activity: 29
Merit: 0
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June 14, 2014, 10:55:53 PM |
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After our experiences we start asking for full collateral which people who need loans can't do
understand, unnecessarily you actually need to be sure the borrower. |
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Gyfts
Legendary
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Activity: 2758
Merit: 1512
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June 16, 2014, 12:17:27 AM |
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how do they collect the debt if they don't pay up?
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Man_of_moon
Newbie
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Activity: 29
Merit: 0
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June 16, 2014, 12:26:45 AM
Last edit: June 16, 2014, 12:48:08 AM by Man_of_moon |
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how do they collect the debt if they don't pay up?
we in Russia such agencies that pursue the debtor called "reservoir" and bailiffs. 2 bitpop : prompt on behalf of the investor - to buy assets can act as collateral?  |
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koshgel
Legendary
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Activity: 1148
Merit: 1001
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June 17, 2014, 03:38:28 AM |
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How could someone more local aggressively collect? Through intimidation? or through legal means?
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RiverBoatBTC
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June 17, 2014, 09:46:32 AM |
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How could someone more local aggressively collect? Through intimidation? or through legal means?
Um legal cause other ways are illegal? |
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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June 17, 2014, 09:54:09 AM |
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How could someone more local aggressively collect? Through intimidation? or through legal means?
Legal means of course |
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Man_of_moon
Newbie
Offline
Activity: 29
Merit: 0
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June 17, 2014, 01:17:10 PM |
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Guys, how to contact the support site?
Very strange, I write about my problem and trying to attract the attention of the administration that would help me solve the problem, and in response, I see only delete comments unanswered!
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robmob
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June 17, 2014, 05:21:24 PM |
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I have one guy on there by the name od damaged that owes me btc as well nice to see this I should do the same.
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Donate BTC:15YMgV1nb97bpRqBT7CEf6ryo37gqeeRpL |
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RiverBoatBTC
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June 17, 2014, 05:33:42 PM |
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Holy shit OP. How'd you grab their dox?
I provide a service to dox, 10$ for normal 25$ for criminal and civil search. |
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wrayjustin
Newbie
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Activity: 35
Merit: 0
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June 17, 2014, 07:20:59 PM |
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I have one guy on there by the name od damaged that owes me btc as well nice to see this I should do the same.
robmob, I recently created a site dedicated to this: btcjamscam.com Check it out, and feel free to add any of the debtors that owe you. |
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robmob
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June 18, 2014, 11:53:14 AM |
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I have one guy on there by the name od damaged that owes me btc as well nice to see this I should do the same.
robmob, I recently created a site dedicated to this: btcjamscam.com Check it out, and feel free to add any of the debtors that owe you. Thanks for doing this, I will be sure to check it out and list the scammer there. |
Donate BTC:15YMgV1nb97bpRqBT7CEf6ryo37gqeeRpL |
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ChiliPowder
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June 20, 2014, 09:21:47 PM |
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On average do most borrowers repay thier loans on BTCjam?
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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June 21, 2014, 08:22:15 AM |
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On average do most borrowers repay thier loans on BTCjam?
None |
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wrayjustin
Newbie
Offline
Activity: 35
Merit: 0
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June 21, 2014, 03:17:49 PM |
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On average do most borrowers repay thier loans on BTCjam?
BTCJam quotes a 10% default rate resulting in 19% annual returns, which they also claim is a low default rate for peer-to-peer lending. I can tell you that in my experience, thus far, my non-payment rate has been closer to 25%. Most of these people are still late, and could in theory come current, but they also haven't made contact, so I highly doubt that will happen. I don't think I have to tell you how quickly even a single loan, and especially 10-25% can wipe out your earned profits. If everyone of these borrowers defaults and all of my other loans are repaid in full, I'll be at -5% for the year. |
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ninjaboon
Legendary
Offline
Activity: 2114
Merit: 1002
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June 21, 2014, 03:25:45 PM |
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I have one guy on there by the name od damaged that owes me btc as well nice to see this I should do the same.
robmob, I recently created a site dedicated to this: btcjamscam.com Check it out, and feel free to add any of the debtors that owe you. btcjamscam.com - noted and will come in handy. |
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techgeek
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March 19, 2015, 04:52:19 PM |
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It seems based on this negative experience and outcome, I wont consider btcjam.
I was looking for a place to grow small percent in bitcoin, but I guess not. Seems like a lot of drama and losing situation unless extreme doxing and pressure, which you still havent recouped 100% am I right?
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bitpop (OP)
Legendary
Offline
Activity: 2912
Merit: 1060
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March 20, 2015, 12:30:42 AM |
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It seems based on this negative experience and outcome, I wont consider btcjam.
I was looking for a place to grow small percent in bitcoin, but I guess not. Seems like a lot of drama and losing situation unless extreme doxing and pressure, which you still havent recouped 100% am I right?
Yeah always hodl offline |
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