do any of you guys lend bitcoins out?
how is the return?
what can i expect if i lend out 10 bitcoins for 30days? it says .005% a day so that is 1.15% over 30days or
10btc --> 11.5 btc in 30 days at .005% per day correct?
Your math is off by an order of magnitude:
10 BTC @.005% per day is:
1% = .01 so 0.005% = .00005
10 * .00005 = 0.0005 BTC per day * 30 = 0.015 BTC per month
But actually it will be slightly less due to fees 10% of interest (or 30% if you take the insurance option).