Bitcoin lending sites are still in the first inning of a long, long game. They are nowhere near as established or advanced as USD and GBP based lending platforms. The 3 big platforms: BTCJam, BitLendingClub and Bitbond are all working to improve themselves and their platforms. While some of them are going slower than us … Read moreUpdates and Improvements to Bitcoin P2P Lending Sites
I noticed something interesting in my returns when I calculated my full portfolio returns for December 2014. You can review those returns in this post. The big impact of my Bitcoin based p2p lending returns is something even I was surprised to notice. I knew my returns there were volatile but I thought that the … Read moreThe Ups and Downs of Bitcoin Returns
Of my 10 Rules that I follow that lead to profitable Bitcoin lending, one of the ones that is the most different from lending in USD is Rule #5. The ebook will be out soon for those who have been asking. Rule 5 says to Never Invest in a Borrower’s Biggest Loan to Date. Let’s … Read moreRule #5 for Lending in Bitcoin: Don’t Be Your Borrower’s Biggest Lender to Date
December was a busy month as I was asked to write 2 articles on Bitcoin based lending to be published soon. They have some similarities but are uniquely different based on the audiences they are supposed to serve. In the coming weeks you will be able to read more of my work on Bitcoin p2p … Read moreWhere You Can Find More Writing on Bitcoin Lending
Recently I was introduced to Radoslav (he goes by Radko) Albrecht, the founder of Bitbond. Bitbond is the 3rd largest Bitcoin based peer to peer lending platform and it recently received a 200,000 Euro investment from Point Nine Capital. As you will see in the Q&A below, they are poised to make some big moves … Read moreQ&A with Radoslav Albrecht of Bitbond
There’s quite a bit of debate in the Bitcoin Investing world about BTCJam. They are without question the largest BTC based peer lending platform and they have the most VC funding. The essence of the debate is whether the Jam are purposefully trying to only earn fees with no intent to eliminate scammers from their platform … Read moreBTCJam: Providing More Info but Still Falling Short
When we invest in Prosper and Lending Club loans, we are lending overwhelmingly to individuals usually for Debt Consolidation purposes. On the Bitcoin based loan platforms, my loans are mostly to businesses. It’s actually a sizable peer to small business lending environment but it just so happens that these businesses are BTC based businesses and … Read moreBitFinControls: Financial and Operational Controls for Bitcoin businesses
Today I’m continuing my Subscriber Questions Answered segment and going international. Today’s question is from Johnny, one of my Canadian subscribers, eh? Johnny has a great question. I LOVE answering questions from my subscribers so please feel free to comment here or email me any questions you have. Today’s Question from Johnny: Why haven’t any of … Read moreSubscriber Question Answered: Does This P2P Example Work Around SEC requirements?
Bitfinex, short for Bitcoin Financial Exchange, is a Hong Kong based trading exchange allowing for the purchase and sale of Bitcoin, Litecoin, Darkcoin and now Terahertz (THS) of cloud based mining power. What Bitfinex is used for most often by most traders is leveraged Bitcoin trading, meaning they can borrow USD or BTC and use … Read moreWhy I Lend On Bitfinex
In my last post, I looked at loan duration for USD based peer to peer lenders. Since I lend in BTC as well, I thought I’d do the same exercise for my Bitcoin loans and other BTC lenders. Duration, which is the sensitivity of a bond or loan portfolio to interest rates, and the related … Read moreBitcoin Lenders: What Is Your Loan Duration? Should You Care?