Re: Loans too risky?

In my oponion, Bitcoin loans are too risky, because there are too many scammers online, and you don't want to be a victim from it. At this time, I think what you need to do is hold your coins and wait until price increase, to invest in something else later.

If you want to trust everyone you potentially can met online, and after a brief exchange of posts, PMs, chat you are willing to lend him/her your BTC then you are in trouble.
And with proper collateral bitcoin lending is still very profitable business. Even if you sometimes won't receive your bitcoins back, with good collateral you will be still ahead.

The big question is what are the proper collateral, we know we are transacting in a online world and we cannot ensure a borrower will give a hard collateral that we can dispose for money.

Well especially if you are going borrow bitcoin here in forum the most effective way of giving a collateral would be your account. And the lenders are going to be choosy with it. They are going to choose only the borrowers that has a good account and has a highrank account here in bitcoin talk.
That is the only collateral that I can think of.

Yeah your right because accounts still have a value here. but if signature campaign remove by admin expect that all account have no value..
So i think we need to find other good collateral like invest some bitcoin in altcoin because some other members here in lender section are accepting altcoin as collateral. .