Post
Topic
Board Bitcoin Discussion
Re: Would You Ever Take Out a Loan in Bitcoin?
by
n2004al
on 28/07/2015, 07:04:14 UTC
Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks  Smiley


I haven't taken any loan in bitcoin until today. And I don't think that I will take this kind of loan some day. Bitcoin is to much volatile and n one know how and what it will be the price of bitcoin even within one day. I remember the time of MT Gox when the price does high every hour. And the time of Silk Road when within a day the price goes very very low. With every such kind of volatility I cannot believe a loan in bitcoin.