Quote from: xcoins-io on April 20, 2017, 02:37:44 AM

My name is Jay Roseman and as the new Customer Relations/Lending Manager at xCoins, I wanted to introduce myself and clear up some of the confusion and misconception that has spread throughout this forum over the past few months.

xCoins operates very simliar to that of an exchange, where the exchange earns a commision based on every transaction. Like an exchange, our lenders earn a commision with every transaction they complete. This commision does not come from xCoins but rather from the people who borrow Bitcoin.

In March alone, xCoins processed thousands of successful transactions between borrowers and lenders. With the vast majority of these borrowers serving as returning borrowers, one would question some of the scam and ponzi accusations getting tossed around so freely in this forum.

Its rather unfortunate that more often than none, its only the negative feedback that gets blasted on the forum. While ponzi schemes are prevalent in the Bitcoin industry, its unfair to label xCoins as one because of a few bad apples attempting to cheat the system. xCoins does literally everything in our power to make sure our lenders are protected and dont receive chargebacks. All potential borrowers must complete a verification process (to prove their identity) before they can borrow Bitcoin.

We have many satisfied lenders who have profited thousands of dollars from using xCoins and many, many borrowers who use our platform daily to borrow Bitcoin that they otherwise would not have access to. This service that we provide is hardly the operation of a ponzi.

I invite everyone to try xCoins out for themselves to determine the legitimacy of this company. We are located in Santa Monica, California, and can be found on all major Social Media platforms.

For a more in depth explanation of how lending works, please check out this link from our website:

https://xcoins.io/investors

You may also want to visit this thread where lenders have reported their experiences:

https://bitcointalk.org/index.php?topic=1575948.0

If you have any questions, please feel free to reach out to me. I can be reached via email at jroseman@xcoins.io.

Thank you kindly,

Jay

It is good for you to introduce yourself and put a face to the companies name.
And as a representative to the bitcoin talk forum community we now have a person too go to if any problems should arise and we can not get a hold of anybody at the support level for the technical side of things. You are a point of contact for us so the technical people can do their jobs in resolving trouble tickets and just gives that extra level of confidence in dealing with this highly risky payment method to use. Especially when dealing with a cryptocurrency exchange using their payment processing service which is obviously against their own payment system's t.o.s to use with.
As we all know they are reversible up to a long period of time and that is where the uncertainly lies when dealing with paypal transactions for bitcoin.