Quote from: brioche on October 01, 2014, 05:39:54 PM

Quote from: Pistachio on October 01, 2014, 01:33:07 PM

Quote from: Minerjoe on October 01, 2014, 06:15:11 AM

I see a lot of people going to BTCjam and similar lending websites to raise money to buy LTCgear shares. How long does this usually take? Has anyone had any success with this?

I don't think it is a good idea to do any kind of group buy for these shares. It adds significant risk for everyone involved and could lead to prolonged legal disputes.

The weekly payments are real (so far) as listed on the website.

I haven't any problems doing group buys or even just buying individual shares. I'd suggest heading over to litecointalk and checking the Services section if your interested in getting small batches of shares.

As for BTCJam, as of Monday evening I successfully got my loan funded for purchasing LTCGear Shares. Grin

so it does work Grin

Do you transfer the ltcgear shares directly to the participants?

My concern is mainly if someone holds everyone's shares and something goes wrong (lost, stolen, or ltcgear disappears). Then they are on the hook for the entire amount.