Quote from: boyptc on August 30, 2016, 03:17:31 AM

Quote from: Oceriw on August 29, 2016, 12:17:13 PM

Quote from: yeponlyone on August 03, 2015, 09:24:00 PM

Quote from: mindrust on August 03, 2015, 11:10:19 AM

If your estimated gain is more than the lender's interest rate, you can say it is a very useful situtaion to borrow bitcoins.

But then borrowing bitcoins or borrowing money from bank is no different than each other, while except this forum is full with scammers, banks are usually safe.

Tldr; I wouldn't borrow or lend any btc's in this forum. Too risky.

I'd say the same. Unfortunately, it is very rare such a situation comes up due to the insane interest rate. If it wasn't for something real special where I was prepared tp lose money, I'd go to a fiat bank instead and buy BTC.

There are allot of moments when you need to buy your bitcoins and that is offcourse on the best moment when the price if that low. But i dont think allot
of peopel are searching for that moment and me neighter because you just need to know when to invest into it and not just waiting for the most commend moment.

That is going to be useful if you are going to borrow bitcoin and you are going to use it for buying bitcoins as you want to get profit when the price of bitcoin is going to increase. But always remember no matter what the price of bitcoin is going to be as long as you have borrowed the same amount. You need to re-pay it with exact amount plus the interest.

Thats is correct if you borrow a certain amount then you should repay that to the said due day because if you borrow and wait for the price increase of bitcoin for sure it would really took a long time and thats a really bad idea when you borrow just to buy bitcoin and hoping for the price increase soon. lol