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/biz/ - Business & Finance

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4223368 No.4223368 [Reply] [Original]

There will be only one winner in the end of the year...

>> No.4223384

SALT rules! I am 6 levels deep on SALT loans right now using their Alpha. Basically I loaned 50k in Crypto, bought more crypto with the loan, then used it to get more loans. I'm up 37,000% in 3 days !

>> No.4223395
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4223395

This week lads

>> No.4223398

>>4223384
Dude thats nice. I just bought 10000 salts.

>> No.4223406
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4223406

Real product, real team.

Erik Voorhees of Shapeshift.

And this will be hugely popular and in demand. Salt is going to change crypto forever.

>> No.4223422

>>4223406
>Salt is going to change crypto forever.

There is no working product, this thread is all shills

>> No.4223427
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4223427

>>4223422
It might be coming out this week

>> No.4223443

Salt lending will be huge in my opinion because their collateral backed smart chain contracts have literally 0 risk.

You loan somebody $25k and they default? Poof, you automatically get 25k worth of BTC/ETH into your wallet.
You invest in a $10k loan and they are late on a payment, and bam! The platform will sell off a certain portion of the collateral ( crypto) and send it to you so that you get the payment that is expected for that month (or whatever the agreed upon frequency is).

>> No.4223486

What I've never seen someone address is that what if BTC crashes and the loan they take out is more than the price of the BTC...?

That's a loss, and with the volatility of BTC it's not unheard of; if enough people have the loan out, it'll tank the whole market.

>> No.4223605

>>4223443
Yes, it sounds too good to be true! I am about to loan somebody 20000 usd worth.

>> No.4223623

>>4223605
Why don't you start here Anon?

https://membership.saltlending.com/files/abstract.pdf

https://www.youtube.com/watch?v=DsQXQYREZLc