The Chimera Bank of Neoxian: daily contracts: 2019-08-29

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The Bank of Neoxian shall loan the sum of 3900 steem
to @singhcapital. They promise to repay 4290 steem by Sept 19, 2019.

Please sign below...


(pic from wall.alphacoders.com)

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29 comments
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This generous contract seems unreal.

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Generous for Neoxian. 10% return in 20 days! Scale that up to a year and that's 185% ROI. As a witness, charging fellow steemians 185% on a loan is absurd. Terrible business practice

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Feel free to undercut me and offer loans to the public at cheaper rates.

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Or why don't you just offer fair rates? I get it, it's a free market, but you're clearly taking advantage of naive borrowers and it's terrible for long term growth of this platform.

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Why don't you just fuck off? Thanks.

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Spoken like a typical banker getting called out.

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Spoken like a complete idiot and troll. I've been doing business here for two years. People come to me of their own free will. You don't have to call me out. I charge extremely high rates. I'm 100% upfront about it.

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Degrading to insults and excuses for your abhorrent greed. Doesn't surprise me.

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Congrats, your rudeness just cost you 2$. Have a nice day.

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haha maybe you can support me with the 185% interest rate you're charging by fleecing other people on this platform. There are still a couple posts that you haven't downvoted. Don't be shy. You think your chip stack intimidates me from standing up to your unchecked greed? guess again

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What do you mean by fair rates ??? People feel it fair that's why they took loan from him . He don't knock on anyone's door for offering loan , People knock his door to take loan . So, if they feel it's something terrible then they didn't come to him . He helping many with this bank service . So , before judge/troll someone just dig into it more .

it's terrible for long term growth of this platform.

how it's affecting on this platform growth ?? That he helping people to grow on here ? Man you need to try these trolls on someone else , you picked the wrong guy .

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This is not trolling, like I said in the previous comments. THIS loan adjusted annually is 185%. Just let that sink in. How is it affecting the platform? This is a top 50 witness, charging 185% interest rate to naive borrowers. The people borrowing from him are probably unaware of the other options out there.

The fact that you are asking how a top witness charging 185% interest rate to borrowers is not good for the platform makes me scratch my head.

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This is a top 50 witness

Yeah he on top 50 witness , but how ?? Because people think whatever he doing is good for this site and people supporting him . If he did anything wrong he can't achieve that place for sure . He didn't buy any witness vote also not promoting his witness link on his every post . So people know that yeah this guy deserve my vote and i like whatever he doing , At least he helping . Why don't you be his competitor and offer better and So called fair interest ?

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Please use your brain.
just because I call someone out for taking advantage of others doesn't mean I want to offer a better product than them. It means I want to bring light to this situation. Stop being a sheep and think critically for a second.
You have no idea what he does or doesnt do to be in that witness position.

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So you come here to show your big head brain ?? Man i know what he does or doesn't , even better than you at least . When someone want to take loan he/she all known about the interested and they take it because they know that those money will give them more benefit/more help than the interest . So , don't come to judge here.. You have no idea ...

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Wow, that is an astronomical interest rate you are charging. Better off going to the bank haha

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I am the bank.

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That's exactly my point, people detest the bank. Good luck with that witness spot

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extraordinary growth, extraordinary, and encouraging people to @neoxian is a platform that has a lot of benefits for my users to move on this platform Thank you brother.

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I Like the Bank of Neoxian and I am Grateful for All the Support That He Has For The SteemSilverGold Community. Thank You for all that You Do @neoxian and lets make STEEM Better and Better !

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Reaching new horizons always the big bank .... congratulations

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Nice post and give you 100% upvote.

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