Quote from: Leprikon on August 04, 2016, 08:51:11 AM

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Quote from: Rastanan on July 29, 2016, 09:06:13 AM

I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.

thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my money

yeah he might lose all the money he loaned out, the person might just steal it, besides that it depends on how long is the sum loaned out for

He will not lose it if he have a good collateral for the loan. Even if the person run away with the bitcoin, the collateral will cover for the loss. But I think, 8% interest is still low. Maybe 10 to 15 percent is a good interest.

That would depend on your collateral, if the collateral is not that good then you go for the higher interest, higher than 8% for sure. I believe that collateral mostly are just bitcoin accounts so you cannot increase your market as otherwise if the your client will not pay you will just accumulate the accounts that was collateralize and you cannot sell that easily.

If a buyer thread can be arranged where we can easily estimate the value of accounts and domains and a ready to buy person then actually we can accept more collateral. I know its pretty difficult to get such a thread but maybe in future. For now its very difficult to trust users here.

If you do not trust people. Do not engage in any lending. There is the possibility of the provision of the loan, take a large deposit. In this case, of course, you will protect yourself, but people do not come to you for a loan. You scare people, high bail. In fact, lending, there is always a big risk. There are good words about him. In the market, two fools, one sells, the other buys. Wink

In lending business, trust are earn so if you will borrow money in a lending firm you will start with a little amount to test your capacity to pay and and if you are a good payor in the second loan the lending company will give you a chance to increase your loan. That is how the real business lending is going, they don't trust in your words they trust on your actions.