shows 3678% APR
Looks like this site has a messed up calculator. this is atleast 10x too high.
Welcome to bank reality - this is how compound interest works. 1% daily means ((1.01)^365-1)*100=3678,3434332887158%.
But this is not the whole truth: site grabs 30% of that interest, so investor gets 0.7% a day max, which totals to 1176% a year.
I am not going to invest in your scam here anyway - at least for now. Somehow I do not believe your sweet story.
Take care! Zonk!
Thank for comment .
Please let me explain and tell me more detail about me SCAM.
"Welcome to bank reality - this is how compound interest works. 1% daily means ((1.01)^365-1)*100=3678,3434332887158%."
"But this is not the whole truth: site grabs 30% of that interest, so investor gets 0.7% a day max, which totals to 1176% a year"
I know ,but my profile set 0.01% before you post. I think you see 1% in my profile On the first day that I signed getline.
Yes at that time I dont understand all in getline I dont know Its interest per day.
And now I do not specialize in the system.
If it terribly wrong I very sorry.
."I am not going to invest in your scam here anyway - at least for now. Somehow I do not believe your sweet story."
Nevermind If you not going to invest .
But What do you think I'm scam.
I gave everything infomation Facebook,twitter,ID card,LBC BTCJAM,statement and detail all transaction in lbc in avarice and some detail in forum.
Why do not you ask me If you want to know.?!
I'm a newbie. Please teach me, I'm ready to learn.
Now I will create a new borrow. To be lower for first loan.
Done some quick research;
Localbitcoins: Some trading volume. Fast release statistics, good feedback. No active ads (one visible ad on the profile page, but not possible to trade due to lack of funds in his lbc wallet).
btcjam: 1 loan, 0.44 repaid, 0.44 pending. 7 positive "personal references", though after the [Ajay Seervi](https://getline.in/u/162)-incident I've become wary to trust personal references.
reddit: a quite worthless profile (apparently no activity besides borrowing requests).
github account also seems worthless
@tobixen - investments
Thank you for comment
are you on BitLendingClub, BTCPop or Bitbond?
Can you provide other information?
mnxc45 more detail you can contact me by facebook or getline chat.
I NEED 3BTC ASAP
Can I kindly get a loan of 0.15BTC please