Post
Topic
Board Service Discussion
Re: BTCjam - Any Thoughts or Experiances
by
dyask
on 10/09/2015, 04:20:37 UTC
Rating people anon is a great way to have a reputation system manipulated. Random ratings from themselves - this is why we do that.
Well as someone that invested multiple BTC at your site I can say I disagree.   I could see not letting someone give feedback if they just created an account, but after they have invested more than a BTC in multiple loans?   You logic makes no sense.    I could easy give false ID and you would let me give feedback.   

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Many people have had success with arbitration. We are upfront about our model and how this is done as I mentioned before.

Really?  I've never heard anyone that has had success with it.   Where are these success stories?

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I think we agree to disagree on the last point, I've mentioned numerous times in this thread why we feel differently.

Of coarse you don't want to put yourself in the same place as investors, because you know you would lose.  Your business model takes upfront fees and leaves the investors to fend for themselves.   That is the key problem with BTCjam.    The business model pushes all the risk onto the investors.   That is what you should be putting in your FAQ.