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Salt Lending Membership - Bitcoin Loans (Save 5x On Tokens)

1 772 views | 1 Oct. 2017

Get started with your Salt

Get started with your Salt Lending platform by following my walk through. I also cover how you can save almost 5x on your tokens.

salt lending

crypto lending

bitcoin lending

no credit check loans

use bitcoin as collateral

ethereum loans

bad credit loans

Serge Tudor

When I tried to get my tokens out of SOLT, I had a window with an inscription; I can cancel it and bring the tokens that I made ... It is impossible to return the membership, and the remaining tokens were offered for publication at the address from which I paid for the tokens. I did not get the airwaves to my wallet! Cost of SALT = 3.50!
But I have a memebranch for 100,000 a year! Hooray! For 300 dollars.

kyle tomaszewski

Keep up the good work Joe.

Crypto money team

Show us how to lend with the programme. Nice vids

kyle tomaszewski

Hey Joe, Binance does in fact support U.S. customers. I can assure you this is true.

Edwin

THESE PEOPLE INCREASE SUPPLY MASSIVELY THIS WEEK, AFTER JUST ONE WEEK!!! SO MARKET CAP GOES UP WHILE PRICE GOING DOWN. WORSE THAN NORMAL BANKS. UNBELIEVABLE IS PRINTING MONEY WHAT WE ARE ALL TRYING TO FIGHT... SHAME ON SALT LENDING!!!!!! SO THIS MEANS WHEN YOU BOUGHT IN WHEN PRICE WAS KIND OF NORMAL AND MARKET CAP SHOULD BE WAY MORE, NOW THE SELL EXTRA SUPPLY SO MARKET CAP GOES UP, AND EVERYBODY WHO BOUGHT AT WAY HIGHER PRICE NOW HAVE TO HOPE IF TOTAL MARKET CAP DOUBLES TO GET ONLY THERE INVESTMENT BACK!!!!!! THIS IS GODDAMN FRAUD WAY WORSE THAN BANKS... MISLEADING AND SO BE BANNEND AND CLOSED IMMEDIATELY... ALREADY LOST A LOT OF MONEY, EXTRA SUPPLY AFTER ONE WEEK... FUCK YOU SALT Salt Lending????

Sean Mya

Yes i totally agree with you but am already earning $55.000 per week from cryptonaid. com

Aldi Palucio

I don't understand you must have lets say $100 worth bitcoin and they going to lend you that same $100 or more i don't get it??

H

will you be able to transfer salt tokens from the exchange to the salt platform?

Mend2255

Remember to take tokens off of etherdelta to your wallet

Salt lending price

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Why I'm NOT Investing In SALT Lending Platform

17 879 views | 3 Dec. 2017

With crypto currencies

With crypto currencies hitting new highs there are so many great projects to invest in. I just looked into SALT in more depth and while I really wish the development team luck I think they are going to run into tons of regulation hurdles not only on the federal level but also on a state to state level. I also don't know if the platform will efficiently run on Ethereum since it can only do 15 transactions per second. If the loan business goes well I don't know if it can handle it if Ethereum doesn't scale sooner than later.

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Another worry I have is that they will have a hard time finding people to lend since you have to be an accredited investor which means you have to have over $1,000,000 in assets besides your primary residence. Older people typically don't understand Bitcoin so I don't know how easy it will be to convince them. The lenders might end up being venture capitalist though so it might not matter.

Also with the volatility of Bitcoin I almost feel like it might have to be set at 20% LTV or something very conservative. We just don't know if SALT is taking on any of the risk or if all the risk is taken on by the lender.

Joshua Lucca

Congrats SALT SUPPORTERS! SALT LENDING HAS LAUNCHED!

Jason355f1

I 100% agree with you. However, I feel like the compliance issues might fall under some different guidelines than what you are considering... I currently look at it like a pawn shop, since crypto is considered an asset. Also there's things that feel unpolished on their website with grammar etc, and their twitter feed feels immature with retweets of pics of triangle tattoos and finger nails painted... I bought in today, but then read more on their website and didn't get a warm fuzzy feeling of confidence in their team and sold at a loss with out remorse 2 hours after buying. I'm out until they have some history with some credentials... as a speculative ICO, ALL of the i's need to be dotted and t's crossed for me to put myself at risk as "venture capital". Great idea, but I think they rushed it and their priorities are not in the right spot, the CEO is not the right guy for this project.

mike1010

AMERICA IS 320MILLION + OR - REST OF THE WORLD 7BILLION....YOU ARE ASSUMING THE TAIL IS STILL WAGGING THE DOG.......THANKS FOR THE OUTHER SIDE , BUT IT WILL CHANGE AND THAT IS WHAT THIS IS ALL BOUT.....

DeFi Club

what about maker?

Jay D

Your lack of studying Salt will inadvertently cause dangerous FUD - first, where did you see that Salt is registered in the US? Advisors being US based does not mean Salt is registered in the US, and Salt does not need US customers if it is too regulated - that is the beauty of crypto - 7 billion potential customers/lenders.
Second, there are thousands of potential international lenders that will be interested because the model of Salt is genius - this is the most important part and you missed it - think of margin calls: if the value of BTC drops to 50% of the original loan value, the cash borrower must meet his call or be liquidated (automated). The cash lender is 100% protected as he only lends 50% of the BTC value and is repaid - the mortgage analogy is poor - this is a liquid crypto, not a house. On the flip side, if the value of the BTC goes up, the lending power goes up. Also, there is no crypto to fiat explicit conversion. Simply genius model - I think Salt is going to be a huge disruptor in 2018.

chris Fontaine

if it ends up being a decentralized system then the participants need to worry about covering their asses not the makers of the platform

Mendy H

If you default or if btc fails, salt sells the collateral similar to a margin call.
Theoretically Theres not much risk (for the borrower they might lose their coins if there's a huge crash)

Eric Dexter

why can't a brokerage do the same thing they already do house loans. no moat really.

Brian Phobos

I wish the SALT team luck but for now I'm holding off because it is too speculative. Until I see some of the legal matters hashed out and the platform operational I don't really want to commit the capital to this project.

Michael Young

i think saying a possible reason it wont work is cause eth is not even worth mentioning. That would go for 40% of the market. And most platforms like metal and salt have said they are agnostic to which platform they use.

PrionX

?, this is an "oldie but goody" trick in the Bankers "We'll take all ur shit" playbook! Slowly but surely after several horrific plunges(orchastrated) people will hand over their BTC because of defaults. Currency/assets will always be manipulated and controlled no matter how sophisticated it is. They have done it with gold, resources, ideas, religion, and technology. The irony in this all is that blockchain tech will no doubt be utilized for the complete opposite of freedom as people. just a thought..

Op Merkelijk

Erik Vorhees alone is enough reason to buy this coin

Dennis Consorte

Nice analysis, I included your video in this write-up: https://cryptosumer.com/2017/12/17/cryptocurrency-lending-platform-salt-worth-using/

Honestmicky

Good morning Brian, thanks so much for this quality video. I knew nothing about Salt until this video. Thanks for helping educate us. You are a genius in the space, and I appreciate you my brother : )

Jet Lyfe

I like your videos, not too bullish. I sold out of BTC last night. I will wait a little before I buy back in... but SALT!!!! Do you have any further insisght on SALT? the Idea seems amazing, ethics aside. I have not reaseachred the company, but I trust the idea they have. How does it work? Are we waiting for divedens on loans, like normal? Or are dividens paid in the form of coin value?

B Prop

You are 100% wrong dude go back to school!!! I bought the ICO and its been a GREAT BLESSING!!! QUIT SPREADING LIES AND HURTING INVESTORS!!!

oblivious oblivion

Your points are valid for holding salt in the long term. However, most money made in altcoins is made on knowing the news and selling the hype or the pump.

Lots of potential bitcion tops, all hard to predict: korea bans bitcoin, USDT fraud, major exchange hack. One predictable one might be some time around saturation of the most recent category of poeple who have started to notice it, in combination with walst incentivising shorting (ie, when this current wave of enthusiasm dies down, large holders of bitcoin might short and sell (since there will be less resistance to a price drop)).

smokegrinding wigwom

Thanks for the vid. New sub here. Im going to invest in salt. But just a few hundred that i can loose. I know banking is very hard in us but if they get it worked out could be big.

ra bA

trump says this is fake news.

retot ri

ETHlend will moon soon i belive, better than SALT

Imran Arif

Brian, really good video. Most people talk about market cap, etc etc but you have given a different angle which makes sense. Don't let the rampers and derampers below put you off mate. I have subscribed.

zacktube100

Q4 is almost over. They better hurry.

2drsdan

Terrible video, no real insight.
Unless cryptos actually do something they will continue to be criticised as SCAMS.
How can you become the next wave of digital currency without the primary function
of a bank? Lending. You need to stop with the "What is" and start thinking "What IF"
Setting up with tradition and functioning the way it has been is not the future and is
not an advancement. These guys are sticking their neck out there and trying to advance
into the future. Your mom should take your keys to the computer away from you.

Monghun Kim

I am shocked how uneducated this guy is about SALT. LTV 80% is not fixed, it's just an example. LTV ratio depends on each lender's term. I am guessing probably around 50~60%. Also, State Bank of Mauritius is partnered with SALT. SALT already have plenty of lenders ready. Upcoming launch, SALT will provide service to ICO, and mining companies, and then to every crypto holders.

John d

Alot of meaningless waffle. SALT shares will moon in less than 18mnth.

ernest simon D

can't they move it to a better block-chain than ether later?

Amin

you are an idiot sir

Dennis H

accredited investors do not think of money that way. if the numbers work, they'll jump in and lend.

Cris

guess you re wrong. SALT is one of the best products of crypto. is Live right now with 550M of loans applied. guess you dont know how to read whitepapers

Animal World

Sincerlly this video is really wrong about salt. Salt is definetlly a great project with huge potential. And you also seem to dont understand how the salt work. Please research before make a video and please dont delete anymore my replies( I was try to response why your point of view is wrong about it and you just delete it), that seem really unprofesional. I understand that you didnt like my point of view. I will stick clear ...... You say that a investors will lost 50 % due to drop in BTC. Thats is just nothing comparativ with increasing in average price of BTC in time and also SALT expose how will cover investors against this (whitepaper that you didnt researched at all) and also about regulation this project dont need more regulation than BTC .Please check how SALT work before. Also Im not advice anyone to buy this coin but your point is total wrong here and seem to not even read whitepaper and how work before doing this video. And about buble in crypto...... Peoples allways said that is a buble even when price of BTC was 1000$. This is a never ending story and in this time peoples who invested long temr in BTC are way more happy than before . End of story

dmari b

Salt is very promising. I like it very much. But I don't invest in something that I like. I only invest on something that I can't live without.

Claire Chellis

invest in ETHlend instead, no real rules that they have to deal with governments.. just get a eth loan and cash out at the right price..

Lets Get Smarted

you dodged a bullet huh

crossing

SALTs purpose is to lend out cash or rather fiat. When the world goes cashless what could be salts strategy?

Cris

you made a 15min video to say this? WTFFFFFFF

Matias Podesta

You don’t need high transaction throughput to issue loans

Cole Wheeler

IOTA and EOS??? No thanks.

zacktube100

Assuming that the release happens in Q4, it'll be interesting to see the comments in January.

Spott chen

I think if you make such a video you should at least read the white paper or inform yourself a bit. Most of the things which are unclear for you are quite clear in the white paper.

Michael Denny

Hedgeconnect.co is a self-managing financial system with a team of experienced crypto traders bringing the highest possible returns from ICO INVESTMENTS! ??

HedgeConnect is the killing it!! ?? Spring 2018 Investment portfolio bringing HUGE PROFITS!! I’m already up 600% ?

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ama

I think you need to learn the white paper before you try to give some info.

Agartha Asgard[HODL]

Brian Phobos they will NOT handle a lot of transaction..... they will be a gateway for people to join the space.

Who will sell you Bitcoin for 1-10 million dollar? No one!
But with salt there is a gateway now.

Take a loan. Find your way in.
And trade for btc ltc and eth.. or what ever you choose is.

Am not sure you understand what your talking about.

Eth is pow now.. but when it goes POS?!?!? Casper?!?!

Do you know how to code?
You know once they go POS.. they can surely handle the transaction volume.

Pos is faster then pow.
Do your research and homework.

Your information is very misleading.
???

Mining Hardware

Hey dude. I'm sorry but you seem to have some things very wrong. It's extremely important to see who is involved in SALT and BTC. For you to think SALT doesn't have experienced loans / banking specialist who have ALREADY have a panel of lenders ready after the SCC approval? Lots of facts wrong. Its obvious you haven't followed their news and progress.

Anthony P

Brian, I acknowledge some of your concerns and they're valid points. However, you keep on referring to the USA in this video and the statutory regulatory hurdles to be overcome, but you don't consider the situation in other countries. I am aware that they're based in the USA but they have acknowledged expansion plans in Europe and Africa. I could imagine Asia (a huge market) wouldn't be far behind.

https://saltlending.zendesk.com/hc/en-us/articles/115009285267-Where-is-SALT-based-

You mentioned that you're holding off because it's too speculative. What about BTC and ETH in their infancy?

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Shawn Owen, Salt Lending Holdings | Polycon 2018

1 422 views | 3 Mar. 2018

Shawn Owen joins CUBE

Shawn Owen joins CUBE host and CEO John Furrier live at Polycon 2018 in Nassau, Bahamas

#POLYCON18 #theCUBE

https://siliconangle.com/2018/03/08/more-assets-back-cryptocurrency-as-startup-lends-cash-for-bitcoin-polycon18/

More assets back cryptocurrency as startup lends cash for bitcoin

The pain points of a bitcoin user seeking a loan: walk into a bank, present personal financial statements, and face a head-scratching banker uncertain of the cryptocurrency’s asset status.

This is according to Shawn Owen (pictured), chief executive officer of Salt Lending Holdings Inc. “In fact, the technology makes a perfect form of collateral. We have all this ability to program in smart contracts. You can write in the rules. You can make it highly secure, yet nobody is doing it,” Owen said. “Somebody’s got to bridge that gap.”

Owen spoke with John Furrier (@furrier), host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, at the Polycon18 event in The Bahamas. They discussed software-based monies and a new world of lending practices.

Salt Lend Holdings Inc. is building technology that helps bring the world of lending to crypto markets. Salt — short for Secure Automated Lending Technology — claims to be the first asset-backed lending platform to give blockchain asset holders access to liquidity without them having to sell their tokens.

Today, Salt is working through the lending process. As distributed ledgers in blockchains become the norm, the currency that is to be used will be based on the need, according to Owen.

“So you can imagine a wallet where you have all the things you really care about and you can dynamically decide what your currency is based off where you’re traveling, where you want to spend, what you think is happening with inflation, depending on what your interest is,” he said.

Addressing volatility

There are certainly valuation issues at stake. The two key areas his company is solving for the blockchain are security and the interface. Developing smart contracts help build the loan instruments, Owen explained. And, instead of just writing formalized legal documents, they are setting it into the code they use with their own tokens.

A SALT token is for the borrower. It’s an internal currency, where the borrower has a serial number, a key to access the product, and an opportunity to redeem the tokens for accrued value. Built into the SALT token is auditability and traceability to help reduce scam attempts, Owen stated.

So far, Salt has issued $30 million in loans in states where they are approved. The company is looking to partner with banks and financial institutions. To date, Salt names clients in Puerto Rico, Canada and Europe.

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of Polycon18.