Quote from: essem on April 09, 2013, 08:38:35 AM

Quote from: Sage on April 09, 2013, 08:02:06 AM

Quote from: essem on April 09, 2013, 07:47:14 AM

Quote from: Sage on April 09, 2013, 07:39:28 AM

Quote from: essem on April 09, 2013, 07:34:38 AM

Quote from: Sage on April 08, 2013, 02:50:54 AM

Quote from: Peleus on April 08, 2013, 02:42:00 AM

If there were guaranteed profits of 300-500%, people would be doing it themselves and not giving the profits back to you.

Don't say people didn't warn you.

While nothing is guaranteed, this is a very shortsighted view and plain ignorant way to look at things.

"doing it themselves"

...Is not an option period. Traders need speed and liquidity. And lenders need a intermediary to protect their loan with margin requirements and position liquidations if necessary.

Bitfinex simply provides the platform for doing that.

The reason for such high loan rates right now is because there is high demand and few loans. As soon as more loans enter the system then the opportunity decreases.

As with all investments, those who recognize value first get the biggest advantage.

There's no way this opportunity will continue forever.

So why not get a real loan in the real world and then lend it out on Bitfinex? You'd make a shedload of cash, especially if you kept quiet about it keeping the interest rate high since d > s?

Right? I mean that's what I would do if I didn't believe this site would eventuallt make off with your cash

That is a very doable arbitrage play right now. Do it.

I've maxed out my father's credit card to buy my bitcoins. Hopefully I'll make enough money that he won't get mad when his bill comes at the end of the month

Completely irresponsible and wrong bet you made. Lucky for you you'll win this one if you sell before May 6th, and you got in below 145. Don't let that win embolden you to do it again.

Relax my friend, I am incredibly risk averse and only went into bitcoin because I had this feeling it was a winner. Sometimes you gotta learn to trust your instincts

"Had a feeling"... famous last words.

Trade on your own credit card with your "feelings".