Post
Topic
Board Lending
Re: [BTCjam Loan] - 450 BTC - 3.25% - 90 days
by
MAC
on 13/03/2013, 18:55:20 UTC
I appreciate the feedback you've all provided. I did delete the loan and re-listed for only 200btc @ 4.25% and reduced the loan duration from 90 days to 60 days. If it funds on the 20th I will only have had half the funds for three weeks as the first payment will be due on the tenth of the following month. This essentially means the the first months return is closer to 5.6% on the first half of the borrowed amount. I did state a bit more of what I am doing with the coins borrowed as well (I fund this to btcQuick).

I understand that the people on the forum are very skeptical and are unlikely to loan to me for that reason. I still felt like I should update this thread so you all knew what I was doing, and why.