Quote from: Zadicar on October 29, 2016, 06:18:34 AM

Quote from: tee-rex on October 28, 2016, 09:01:24 PM

Quote from: Branny on October 26, 2016, 04:57:45 AM

So, my question to you all is why the heck would anyone consider asking for money on a Web forum when there are billions of dollars in VC funding available for clear ppans? Why would someone with the ability to generate such massive revenues be asking for money in this way?

May I try to answer your question? Thank you.

You think and say about massive revenues, but you obviously don't take into account that these revenues are only massive in relative terms. In absolute terms they are not hefty, and the main issue with them is that they are not scalable. It is not uncommon to make 5% monthly on a small investment, say 1 Bitcoin. This is the max you can get without risking too much, but what is 0.05 BTC per month? Just dust, and if you invest more, your returns will drop dramatically.

Putting up 1 btc on the purpose of making some small loan business would really just wasting your time though because you are only gaining small amounts of profits on monthly basis. 5% would be already big for some on monthly interest some may offer even lower because of the competition some offer 3-4% which is lower and probably borrowers would always seek for the lowest interest lendor.

As we all know there are lots of users here does have lending services or businesses which means lots of competitions are there. If you are just starting up then you should begin with a low interest compare to others so that others would see you and might possible build trust and gain reputation on the long run but as you mentioned 1 btc for starting would not be ideal because you only gain on small profits.