Quote from: Jacob70 on July 31, 2016, 03:56:43 AM

Lemme break it down again:
I have 0% risk with this method.

False. Let me break it down for you: What if someone dumps the altcoin, crashing the price below 100% of the loan value? The risk then gets put on you, that the person doesn't repay the loan.

Quote from: Jacob70 on July 31, 2016, 03:56:43 AM

You have 0% risk with this method.

You could easily take his collateral and enjoy a nice 50% profit. You don't have the trust to be able to hold large sums of money here on the forums.

Quote from: Jacob70 on July 31, 2016, 03:56:43 AM

All risk is contained to the end-borrower.

False, because of the reasons I stated above. The lender that you lend to also takes risks, like a large overnight crash of the altcoin you took.

Quote from: want0sell on August 02, 2016, 01:34:57 AM

No one because it's a horrible proposition that will never work. Knight already one upped you and he charges 1/5 the interest you do, plus he's way more trusted

It will work. Just that the chance of someone taking the offer is under 0.1%, since the odds that someone wants to start a lending service, has a large amount of altcoin, doesn't want to sell it, trusts Jacob to not run away, e.t.c is under 0.1%. Knight isn't that trusted either imo.