Quote from: oshnap on September 18, 2014, 10:36:59 AM

Quote from: btcjamads on September 17, 2014, 10:24:43 PM

Quote from: williamj2543 on September 16, 2014, 03:25:24 PM

Trying this out, will tell how it goes. They apparently take the guy to court or arbitrage or whatever, and in 90 days if he doesn't pay back they sue or arrest or something, and we get our money back.

great to hear that you are giving us a try. please make sure to invest in 'safe' listings that don't show the warning and diversify into 50 or more listings for best results. Read here for more information: http://blog.btcjam.com/post/75934926878/the-3-rules-of-peer-to-peer-lending-for-investors
you can email me at flavio@btcjam.com if you have any questions around investing.

that assumes there are 50 worth investing in. I saw a lot of what I would consider high risk and most of those were secured against the current bitstamp price. With the price being down like this that is a fairly bad investment.

That would be hilarious if he get scammed just after btcjam pushed him to invest.

Red flag everywhere, btcjam still pretending it's fine, he gives a try.
How could this possibly go wrong ?