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znort987 (OP)
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April 18, 2012, 08:04:20 PM
Last edit: April 25, 2013, 08:19:00 AM by znort987
 #1
z
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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April 18, 2012, 08:13:06 PM
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Their rates don't look much higher than many loans here.

$500 for 3 months @ $65 per week = 5% simple interest per week.
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April 18, 2012, 10:48:51 PM
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APR: 330%!
It is pitch black. You are likely to be eaten by a grue.

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Stephen Gornick
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April 19, 2012, 12:21:31 AM
 #4
Founded by a former big data person from Google.

 - http://www.creditslips.org/creditslips/2012/03/is-loaning-money-at-a-350-apr-evil-1.html
Unichange.me

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miscreanity
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April 19, 2012, 02:03:05 AM
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Psh. I've used hard money loans in real estate at 5% for 3 days!
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April 19, 2012, 07:39:08 AM
 #6
Thats nothing:

http://wonga.com/

Representative APR 4214%
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