BTCjam is favoring scammers, we all know it, as they make profit out of them. They take 4% of the loans before the scammers run away, so they are very relaxed on checking the validity of their ID. Some of us even doubt that they do any check at all, as the page is full of pirates that are constantly attacking with the similar patterns with small variations, like if they were the same guys scamming us many times. Sometimes the fakes as so evident that one can only ask himself what is wrong with BTCjam admins.
I'm wondering why they don't take the money after the borrower pays and not before, is it because they want investors to take all the risks while they always win, be it a scammer or not?
They censor any link you publish, or any critic to the system. They put as an excuse that links are dangerous (wtf?) because may contain virus (so what the f*ck is internet without links???), while allowing scammers to publish scam loans without limits. Of course, they don't allow to revert your invest before funding, because you may discover after investing that the guy is a scammer, and that would let them lose their 4%.
It is funny, because they don't consider unsafe to let scammers scam you, but they consider unsafe to critic them or help other investors fall in the traps of the scammers they allow to camper freely in their page. For them, it is also very unsafe that you contact other investors or make a sane relationship with a borrower.
Consecuence: almost any seriuos investor in the page is either in the competence (bitlendingclub.com) or comunicating with others by other means, mainly facebook and forums.
Is it perhaps that they want to always win, that they are only after their profit, and that letting people to talk and relate to others freely could fake their plans of getting more money out of investors?
I have currently 2BTC in their systems, 0.4 of it should be able to withdraw, the other is invested. Since yesterday or perhaps before, I've been censored on any comment I try to publish, and cannot withdraw. Although one can understand that they censor any comment (I don't even think that would be correct except for real spammers or radical content), what is the reason one cannot withdraw if there is no debt? IT IS NOT THEIR MONEY.
Some of us have been trying to contact their support for 3 days, without a single response or explanation on why they censor, and why our money is retained. If there is a technical reason, why don't they answer? We can't allow this kind of bad behavior without publicly denouncing it, and that is what I'm doing. The last time a thing like this happened you know the results (yes, I'm refering to mtgox).
Thank you for your attention.
EDIT: NOW I CAN WITHDRAW.