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Re: When is it useful to borrow bitcoin?
by
DuckKeeper
on 20/06/2016, 08:21:44 UTC
When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.
Yeah when is it usefull to borrow bitcoin i think it is not really profitable to borrow them now because the price is to high for now.