Quote from: btiAndy on July 17, 2016, 06:31:05 PM

Quote from: Tulkas on July 12, 2016, 02:30:18 AM

Why do you think I am a scammer, owlcatz?

We are a platform that connects borrowers and lenders, we are not the ones taking the loans. We never stated that we are responsible or endorse any of the loans in the platform. When someone in this forum pulls a scam does it make the forum owner a scammer?

We do everything in our power to prevent and we also try to recover defaulted loans. We offer arbitration awards free of charge (we pay the arbitration firm to issue them), we call the borrowers before the loan goes into the platform and we also contact late ones.

We don't answer questions on the forums because there are many forums out there and they do not offer proper tools to manage all the messages. We do have a support email and answer all the messages we receive in a timely manner.

Are you a scammer when someone pulls a scam...yeah sometimes it does Tulkas. Look at the thread history and give me an an answer to the situation posted here:

https://bitcointalk.org/index.php?topic=112447.msg15100653#msg15100653

and give me an answer.

Specifically Tulkas: BTCJam should have returned the investment of the suspended loan applicant and returned it in-full to the investors. Instead, you have allowed monthly "payments" to be made from the never-distributed principal still on account and allowed the investment to continue to trade on BTCJam as if the user is paying back the loan on a regular basis. You are taking investors money and allowing Notes to be traded on the value of an eventually useless loan... what happens when the principal can no longer cover the payments and all goes silent?

This is a what I would call a scam. A lot of other people do as well.