BTCJam Tightens Up the Ship With 2 New Hires

BTCJam is both the largest and the most controversial of the BTC based lending platforms. Much of the controversy surrounds trust issues in the platform. Some of Jam’s shortcomings have led investors to believe that they care about posting loans and generating fees more than they care about protecting those that invest in loans on … Read moreBTCJam Tightens Up the Ship With 2 New Hires

Updates and Improvements to Bitcoin P2P Lending Sites

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

Rule #5 for Lending in Bitcoin: Don’t Be Your Borrower’s Biggest Lender to Date

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

Q&A with Radoslav Albrecht of Bitbond

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

BTCJam: Providing More Info but Still Falling Short

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

BitFinControls: Financial and Operational Controls for Bitcoin businesses

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

Subscriber Question Answered: Does This P2P Example Work Around SEC requirements?

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?

Why I Lend On Bitfinex

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