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GUYS!!!
>Lending BTC will not give you BCC in return
>Polo caps lending returns at a 5% interest for BTC
>Therefore it's not profitable to lend BTC thru August 1st
Still with me??
>Most alts are propped up in part by Margin longs and bogged down by Margin shorts
>Margin shorts will remain possible with BTC lending because people will still lend alts
>Margin longs will become impossible
What will happen when Margin long positions are made impossible? Will longs fail to renew and get automatically canceled?? Will margin tradable altcoins get dumped to hell when this happens? What the hell is gonna happen???
Also buy MILO
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>>2913110
Dude, I'm making like over 1000% APR interest at the moment on my BTC...
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>>2913181
You realize you won't get BCC if you keep that up during the fork right?
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>>2913206
I don't need that shitcoin.
And I only keep 3 BTC on Mt. Polo anyway.
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>all these people gobling up BTC on margin because they're going to get BCC for every BTC they have.
>mfw their 1000 BTC they are taking out for 5% daily interest earns them 1000 BCC, and that equates to $1000
>mfw I'm earning thousands of dollars in interest for lending BTC
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>>2913389
You're earning thousands of dollars for lending BTC over one hour?
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>>2913391
who says its for one hour?
I have 3.5 BTC on loan at an average rate of 2.95%/day for 60 days.
If it goes for the entire period (unlikely, but still) it will be 20.95 BTC
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>>2913110
at 5% interest per day you can still get 10% return on your BTC before the fork.
Is BCC going to be worth more than 10% of BTC? Maybe, maybe not. But with lending you're guaranteed profit.
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>>2913415
>2.95%/day for 60 days.
bruh
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