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Re: When is it useful to borrow bitcoin?
by
XinXan
on 11/12/2015, 18:20:21 UTC
Borrow bitcoin for 1 year contract when it fall. Double borrowed bitcoin when price going up and profit.

Optimistic boy! I guess its bad idea borrowing bitcoin in long term.
Not many people want to lend out their bitcoin for a long time.

If you have a strong collateral they might but you could just sell the collateral honestly, I don't see any advantage in getting long term loans, in 1 year you would definitely be able to buy bitcoins so why borrow them?