Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
As previously mention,
The Lender's side of BitFinex is beginning to Look
more and more attractive, 14% interest compounded Daily ?,
that would be 420% monthly, not a bad deal, especially if one
adds in the fact of the Platforms heavy hand in protecting lenders,
it's a "No-Brainer", or in the U.S.A. it's called "Predatory Lending".
So, taking your argument further, when a trader has more than 14% profit per day (not uncommon in this market), we should call it "Predatory Profit-making"?
