The website advertises you can make 19% but that is not true what happens is you lose all your money when you invest. BTCJam is full of people taking loans who never pay them back. BTCJam.com get their FEE but does not help you in any way once you have been ripped off.
They spend a lot of money advertising but most of the people on the website are not real people they are just there to steal your money. BTCJam.com profits from this and claims its not their responsability.
If you want to borrow money you need to pay off the appropriate administrators so they feature your loan. They dont care if you are scamming people for money they only care about their fee which they get up front.
BTCJam would be bad if you invested 1 BTC or more on a single loan. I have many (about 200) investments of about ~0.01 BTC each, where the most of them where made with the autoinvest feature, yes, some of them are a scam and getting real there is nothing you can do when this happens, but you get an average positive return thanks to the other credits and its rewarding knowing that you help people starting its owns businesses or just get rid of the centralized system.
My experience with www.btcjam.com is very bad. I invested my bitcoins to one of their borrowers.it has been since 6 months,so far the borrower just made one payment, the rest of payments are all overdue for 90+ days and more.I contacted btcjam.com support for help.but they just sent me a BTCJAM Loan Arbitration Award which require the borrower to appear in 14 days.now it has been over 14 days,there is no way for me to get hold of the borrower. btcjam.com can't do anything to get my bitcoins back except sending the loan arbitration to the borrower.I asked btcjam.com what else I can do in order to get my bitcoins back,they asked me to hire a lawyer!!!
It is not my fault .why do I need to hire a lawyer to get my bitcions back? and it cost money to get a lawyer.For this amount of loans,it is not worth getting a lawyer.It is most likely I will lose my bitcoins. Btcjam.com won't be able to help to get my bitcoins back.So if you ever want to invest your bitcoins on btcjam.com, stay away from them, you could lose your bitcoins. Scam artists slowly build up their reputation and then borrow a large amount of bitcions,then never pay it back!! btcjam.com can't do much to get your bitcions back!
I invested 4.5 Bitcoins to one borrower on Btcjam. it has been 6 months ,the borrower never paid back my bitcoin.
I asked for Btcjam.com for help.but they just sent me a BTCJAM Loan Arbitration which require the borrower to appear in 14 days.but it can't get hold of the borrwer.now the borrower dispear!! No reply to my message,no payments for the loans.Btcjam.com can't help you get your bitcoin back!! NEVER invest your bitcoins on Btcjam.com, full of scam artists on the website!!
Yes, there is work to be done on the site and trying prevent scammers from getting in, but there are a lot of great and trusted borrowrers and lenders. Simply throwing BTC into any loan will not work very well.
BTCJam.com Reviews
The website advertises you can make 19% but that is not true what happens is you lose all your money when you invest. BTCJam is full of people taking loans who never pay them back. BTCJam.com get their FEE but does not help you in any way once you have been ripped off.
They spend a lot of money advertising but most of the people on the website are not real people they are just there to steal your money. BTCJam.com profits from this and claims its not their responsability.
If you want to borrow money you need to pay off the appropriate administrators so they feature your loan. They dont care if you are scamming people for money they only care about their fee which they get up front.
Just DO NOT invest large quantities!
BTCJam would be bad if you invested 1 BTC or more on a single loan. I have many (about 200) investments of about ~0.01 BTC each, where the most of them where made with the autoinvest feature, yes, some of them are a scam and getting real there is nothing you can do when this happens, but you get an average positive return thanks to the other credits and its rewarding knowing that you help people starting its owns businesses or just get rid of the centralized system.
My experience with www.btcjam.com is very bad. I invested my bitcoins to one of their borrowers.it has been since 6 months,so far the borrower just made one payment, the rest of payments are all overdue for 90+ days and more.I contacted btcjam.com support for help.but they just sent me a BTCJAM Loan Arbitration Award which require the borrower to appear in 14 days.now it has been over 14 days,there is no way for me to get hold of the borrower. btcjam.com can't do anything to get my bitcoins back except sending the loan arbitration to the borrower.I asked btcjam.com what else I can do in order to get my bitcoins back,they asked me to hire a lawyer!!!
It is not my fault .why do I need to hire a lawyer to get my bitcions back? and it cost money to get a lawyer.For this amount of loans,it is not worth getting a lawyer.It is most likely I will lose my bitcoins. Btcjam.com won't be able to help to get my bitcoins back.So if you ever want to invest your bitcoins on btcjam.com, stay away from them, you could lose your bitcoins. Scam artists slowly build up their reputation and then borrow a large amount of bitcions,then never pay it back!! btcjam.com can't do much to get your bitcions back!
don't invest your bitcoin on btcjam.com
I invested 4.5 Bitcoins to one borrower on Btcjam. it has been 6 months ,the borrower never paid back my bitcoin.
I asked for Btcjam.com for help.but they just sent me a BTCJAM Loan Arbitration which require the borrower to appear in 14 days.but it can't get hold of the borrwer.now the borrower dispear!! No reply to my message,no payments for the loans.Btcjam.com can't help you get your bitcoin back!! NEVER invest your bitcoins on Btcjam.com, full of scam artists on the website!!
I give BTCJAM a B-
Yes, there is work to be done on the site and trying prevent scammers from getting in, but there are a lot of great and trusted borrowrers and lenders. Simply throwing BTC into any loan will not work very well.