Bitcoin Forum

i'm looking for a small 1 BTC loan for 24 hours.
i will pay 1.2 BTC back.

Why do you want it?

As always, be careful on giving loans out. It's a PITA adding people to my list above.

lol no you won't

Unfortunately you don't have any history in this forum.

I have no way to identify you, no way to collect on the loan if you don't pay, no collateral to compensate me for my loss if you fail to repay, no way to verify your ability to repay, no way to verify your history of reliably making payments.

You say you will repay plus an additional 0.2 BTC, but I really don't have any reason to believe you.

Are you just here to scam us?

What you going to do with 1 BTC?

Skydust,

Before wasting everyone's time asking for a loan again, please use a bit of your own time to read and understand the following 2 topics:

https://bitcointalk.org/index.php?topic=75742.0

https://bitcointalk.org/index.php?topic=97214.0

i want to get some experiences with the various bitcoin clients and to test a handful bitcoin projects.


ok.


yes, i will pay back. 100%. i promise. really.


ok, i respect your decision.


no, i only want to discover the world of bitcoin before i'm going to buy some coins.


i have read it, but this is a one time loan request, i won't start a new topic where i'm asking for a higher volume of coins.

How are you going to be able to pay back 1.2 BTC within one day?

if something goes wrong, i will buy 2 bitcoins.

What do you mean if something goes wrong.

If something goes right how will you repay the loan with interest without buying coins?
If you need to buy coins either way why not just buy coins?

BitInstant could get you coins in an hour and at less than 20% in fees.

You cant get a 1 BTC loan here without explaining in detail how you intend to use that coin, how you will pay for the interest, without providing ID, social security number, copy of your last pay checks, 5 years of tax returns and giving your first born in escrow.

What you can get here without any of that, is a 500,000 BTC loan. So next time, thats what you should ask.

i don't want to buy a full game until i have played the demo version first :)

And the demo version means playing with other people's money?, so if you lose it, you just discard this short-term identity and move on?.

no, i want to test some alternative clients and sites and will pay the loan 100% back. i promise.

+9000

https://bitcointalk.org/index.php?topic=51098.msg1071131#msg1071131

You already have at least 0.00088 BTC.  "Play the demo version" with that.

If you want/need a bit more try the various bitcoin faucets:

https://bitcointalk.org/index.php?topic=90718.0

8bd7a176304da4420ac7513eb2c1e0c5ef61ffa019570f9b9a389581705b39cd

repay 1.2BTC to 1JViqFW7W5cjFoTSi4rupH8qJBMw5JxXdU in 24 hours.

Say bye-bye to your monies, Mr. Pham.

20%/day  ;D

B..b..but he promised.

Bye, Skydust!  Thanks for dropping in on the forum.  Great talking to you while you were here!

DO we expect a 10000BTC bet on whether or not this one pays?

<troll>
</troll>

Drops the microphone.

http://blockchain.info/tx-index/16987531/a13051d7421c2c7ffb71ad6868dd591db6270a42514448ea4c7cd74e2c91fd81

So, what you meant to say was that you had an urge to gamble, and you'd prefer to do it with someone else's money?

It seems you got lucky and won your bet, so you now have the 1.2 BTC to pay jcpham back (1.248962 BTC to be exact).  Will you be doing that right away and keeping the extra 0.048962 BTC for yourself? Or, are you greedy and going to continue to gamble with his money increasing the risk that you won't have enough to pay back the loan in full?

Is anyone surprised?

I am much more intrigued now. Let's not be so dismissive of people. With great risk comes great reward.

You mean with no risk comes great reward.

Not necessarily.

He seems to have received an additional 0.4 BTC from the address 15fQ9aw3iRrKT1d6ojZkUudHyLMYaBvxGT, so either he found himself another lender, or he had about 100 BTC  stashed in 1ERaFrkrrdFUprEZvZyjeBKjX35KiV8BW7 and 18Xdi5MLCF2Pn7Ur2EKThrJ11beVteu6PS and used 15fQ9aw3iRrKT1d6ojZkUudHyLMYaBvxGT as a "pass-thru" address. Can't really tell which it is without knowing the ownership of at least one of the following addresses:

15fQ9aw3iRrKT1d6ojZkUudHyLMYaBvxGT
1ERaFrkrrdFUprEZvZyjeBKjX35KiV8BW7
18Xdi5MLCF2Pn7Ur2EKThrJ11beVteu6PS


It's sort of interesting to watch as the coin bounces around though.

Oooh, fun. Looks like maybe a mixing service of some sort?

0.5 BTC sent FROM 1sky4vMh7e4FCBf9H3jnq5XkRXknLuq53 TO 1FpZuoLRmHi4V9fzJLkUyVBYd7DqnMdWC2
http://blockchain.info/tx-index/16993760/d58c9a288b7582f17836ad679533c59e31d2ba34276953e7af0475317e998e37

Then

2.099 BTC sent FROM 1FpZuoLRmHi4V9fzJLkUyVBYd7DqnMdWC2 (and 2 other addresses) TO 1xAs5ijYJG61hPUyrttRHys5DqrevjMfo and 1DcomNAUjZygzBdRZPS2PnmJ6GXnDrw8cP
http://blockchain.info/tx-index/16993789/9cba8a88c2b39dd3683e87bbca9c5edec1d28b737c7a9a77cf12ed020710a22d

From there a whole lot of coins sent a whole lot of places, and eventually

0.5 BTC send FROM 14erdqJ2yZtNXB1Wm59qFZjpUrw7cabBaw TO 1sky4vMh7e4FCBf9H3jnq5XkRXknLuq53
http://blockchain.info/tx-index/16993828/b3b8b2effeb755ea25ccb45cd58a3fb53ddd3ad3cddcb998aa4821c3cb14f992

the right answer is: instawallet.org


thank you for your trust jcpham, 1.2 BTC repaid.
tx: fc284627049e03fdb496a4b4d3d2cf13717e1ca2d575401aaff133daa1399967

inb4 second, larger loan

no problem :)

you know, dank style.

inb4 skydust is jcpham

In the lending subforum most are paranoid. You can see all kinds of elaborated scams around here, so everyone suspects about everyone.

Care to tell me why you accepted this loan?

I'll go make a sockpuppet now -- hopefully you'll accept that loan too.

I'm not a "hater". LOL.

I was just curious why someone would need 1 BTC, and how they plan on paying back 1.2 BTC the very next day.

It was legitimate curiosity.


My internal guess was that someone wanted to play satoshidice.

I'll keep that in mind when I make my sockpuppet

Without actually addressing the criticisms

Sure, you can send your money to whomever you chose. However, enough scams happen on these forums that it would be wrong to not warn people of them.

It's bad for the borrower. Get a cash advance on your credit card or talk to the mob... or just buy a bitcoin yourself and sell it when you're done with it. Even that last method won't cost you 20%.
You have to explain yourself because "non-established user makes a successful loan to a newbie with no rep" is a very tired tactic on these forums, and almost every time it happens, both newbies either vanish or turn out to be scammers.

Geez folks. If you don't want to offer the loan then just don't do it and move on. If someone else gives the loan, and gets paid back then that is between exactly 2 people.

The lender and borrower are the only people with anything to say on this matter and the way you folks have trolled this thread with unfounded accusation is deplorable.

By most standards the borrower was a poor credit risk, but that does not make him a scammer automatically. The fact that the accusation continued after the loan was paid back just goes to show that minds were already made up.

Oh cool!  Can someone lend me 1btc?  Same terms as the first guy?

By this I take it that you believe:
- If someone notices a security flaw or a scammer, they should keep quiet and allow others to lose their money
- If someone notices an obvious "confidence loan," they should keep quiet and not warn others that it's probably just a scam-preceding reputation ploy.

Are you a social darwinist?

Perhaps I am naive.

There is however a difference in warning about a potential danger and outright calling someone a scammer or saying two people are the same person.

Example(not quoting anyone specific):

"Be careful as people with low reputations may not intend to pay back" or "There is a danger that both people are the same person trying to create the appearance of a reputation" <-- reasonable

"This person is clearly a scammer" or "There two people are clearly the same person" <-- baseless and unnecessary.

I don't know what social darwinism is. I do believe in assuming good faith when it is reasonable to do so, this does not mean extending credit but it does mean not accusing without basis.

The very best business relationships I have developed started with an assumption of good faith by either myself or the other party.