BTC lending on polo

Thread replies: 6
Thread images: 2

Anonymous
BTC lending on polo 2017-07-10 04:27:37 Post No. 2745702
[Report] Image search: [Google]

File: BTC.png (537KB, 523x354px) Image search: [Google]

BTC lending on polo Anonymous 2017-07-10 04:27:37 Post No. 2745702 [Report]

There's 12,000 BTC worth of loans available on poloniex right now.

Can some experienced /biz/nessmen explain what makes people take more loans at higher rates, because it went from 5,000 BTC at an average of 0.1% yesterday, to 0.047% today and it's still going down while the amount of BTC is climbing. Is 12,000 BTC even a lot? Will we reach a point where there will be enough available BTC for everybody with extremely low interest rates since even more people are gonna start lending?

When do people usually borrow a lot? During volatility? Please explain to a newfag.

Anonymous 2017-07-10 04:39:46 Post No.2745757
[Report]

Anonymous 2017-07-10 04:39:46 Post No.2745757 [Report]

>>2745702
Yes during volatility. When a price is fairly horizontal for a while it is more difficult to long and short.

Anonymous 2017-07-10 05:27:48 Post No.2745983
[Report] Image search: [Google]

Anonymous 2017-07-10 05:27:48 Post No.2745983 [Report]

File: 1483847496106.jpg (21KB, 362x362px) Image search: [Google]

21KB, 362x362px

>>2745757
Just found out about it a few days ago and we're having the worst rates since months. Exactly my type of luck deh-soo.

Anonymous 2017-07-10 05:29:32 Post No.2745989
[Report]

Anonymous 2017-07-10 05:29:32 Post No.2745989 [Report]

>>2745983
the u in desu is silent, dehs.

Anonymous 2017-07-10 05:32:20 Post No.2745999
[Report]

Anonymous 2017-07-10 05:32:20 Post No.2745999 [Report]

>>2745702
Everyone's closing their margin positions. No one knows wtf is going on at the moment.

Anonymous 2017-07-10 05:59:42 Post No.2746086
[Report]

Anonymous 2017-07-10 05:59:42 Post No.2746086 [Report]

>>2745989
Yes, I know. I write it that way so it's less confusing. Not many ppl would know what "dehs" or "dess" stands for.

>>2745999
All we can do is wait then.

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/