Feel sorry for anyone who has done a loan not tied to fiat rates. If this trend keeps up I can't see many people honoring their existing commitments.
Welcome to Bitcointalk!And gentlemen,this isn't the right place for you if you're gonna keep comparing bitcoins value in your local currencies.Simple example of that,forum's donator discussions.
What if prices plummet? Doesn't that put the lender at a disadvantage? For example, I lend out 1btc and prices dropped to $10 each from current prices. Nothing I can do about it since I don't have the 1btc but it's with a borrower. Right?
I bet you,many people just take loans during the bitcoins peek time. They've no investment,no insecurities,just borrow the money,make marginal profits and give it back.It's a clever business if you ask me.