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LukiSON (OP)
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August 21, 2014, 02:50:15 AM
 #1

is is scam / not?
my friends told me, that BTCjam is a scam.  Huh

what about you guys?
(just asking, because if not scam, i want to put my BTC at there)
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 21, 2014, 04:13:06 AM
 #2

BTCJam isn't a scam, but it's full of scammers. You'd be better off holding your btc in your own wallet.
LukiSON (OP)
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August 21, 2014, 04:29:10 AM
 #3

BTCJam isn't a scam, but it's full of scammers. You'd be better off holding your btc in your own wallet.

aww, thanks for telling me~  Cheesy
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August 21, 2014, 05:54:02 AM
 #4

I hear though that they have recently started to clean up their act and tightened up their KYC procedures
Yes avoid but keep an eye on them just in case they get better

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August 21, 2014, 06:32:20 AM
 #5

too big a risk to play in btcjam investment, because they easily lend btc only to verify a government id card and it can be edited
LukiSON (OP)
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August 21, 2014, 09:37:54 AM
 #6

too big a risk to play in btcjam investment, because they easily lend btc only to verify a government id card and it can be edited

oh, so you think it's to risky for invest on there?
thanks for your advice.  Smiley
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August 21, 2014, 10:35:08 AM
 #7

too big a risk to play in btcjam investment, because they easily lend btc only to verify a government id card and it can be edited

oh, so you think it's to risky for invest on there?
thanks for your advice.  Smiley
I strongly advice you not to. Waaaaay to risky!
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August 21, 2014, 11:07:46 AM
 #8

I cant trust BTCJam personally  Roll Eyes
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August 21, 2014, 07:25:07 PM
 #9

I lost some BTC in that fucking site

Even with their identity the site won't do anything. Thiefs have no shame nowadays.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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August 22, 2014, 08:14:54 AM
 #10

There are numerous scammers on BTCJam.
If you want to lend out your bitcoin, you can use the "lending" section on bitcointalk instead, and ask for collateral.

Bogleg
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August 22, 2014, 08:40:56 AM
 #11

is is scam / not?
my friends told me, that BTCjam is a scam.  Huh

what about you guys?
(just asking, because if not scam, i want to put my BTC at there)

The platform itself isn't a scam. But it is infected with borrower with the intention to scam lender.
noel57
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August 22, 2014, 10:48:33 AM
 #12

I really wanted to invest there, but now that you have said it i will lay off.Thanks for the warning.

maurya78
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August 22, 2014, 12:33:44 PM
 #13

Just too risky as you are giving up control to a site that has massive scammer issues
Wouldn't do it, just doesn't add up

abora
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August 22, 2014, 01:07:10 PM
 #14

I love taking risk so may be i will give it a try as the saying goes ''no pain no gain'' right.

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August 22, 2014, 02:00:10 PM
 #15

Do they  make all payments in bitcoins?
commandrix
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August 22, 2014, 02:58:30 PM
 #16

As Shakespeare said, "Neither a borrower nor a lender be." When you make loans on any P2P lending site, you're basically taking a risk and there have been stories about people taking out a loan and then skipping out of town.
gelar24
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August 22, 2014, 03:17:04 PM
 #17

too big a risk to play in btcjam investment, because they easily lend btc only to verify a government id card and it can be edited

oh, so you think it's to risky for invest on there?
thanks for your advice.  Smiley

yes true I suggest you do not take it, because of many factors.
maybe you can invest through mining or other cloud: D
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August 22, 2014, 03:19:38 PM
 #18

I would never invtes/give a loan on btcjam if i lend out coins i am sure here it's safer
LukiSON (OP)
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August 25, 2014, 02:54:25 AM
 #19

Do they  make all payments in bitcoins?

hmm i dunno,since i haven't try it~  Undecided
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August 25, 2014, 03:11:57 AM
 #20

Don't trust that site, the users on there can easily scam.
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