Hi,
So something I've been thinking about is lending Bitcoin. For me to conduct trades over Bitcoin Talk, I usually ask the other party pays first (which usually means the trades fall through).
- Is it actually profitable?
- Will I get scammed to death?
Cheers.
If you want to loan on bitcointalk then you should use Escrow to hold collateral or something and be sure of the valueof the collateral (Take Senior members or above i'd say) , yes it's profitable but you may get scammed .
there is also Bitfinex & BTCJam which are professinoal website for loaning and stuff you could get scammed AFAIK but they will give you the informations of the loaner if it happens (that's on btcjam , not sure about bitfinex)