Bitcoin Forum

Economy => Lending => Topic started by: leen93 on May 16, 2015, 12:00:33 PM



Title: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: leen93 on May 16, 2015, 12:00:33 PM
I'm willing to borrow bitcoins for 0.01% a day (3.71% APR)
Min. amount per person : 0.0001 BTC
Max. amount per person : 20 BTC
You get paid the interest (0.01%) daily to your bitcoin address, principal can be asked back at any time (takes max. 24h) (PM)

You can send the bitcoins to : 13T1eoJTe9mCMdNpYaCE26DNKqPjxNZrqu and mention the btc address to return the principal and interest

Loans taken :




Title: Re: Lending bitcoins @ 0.01% a day (3.71% APR)
Post by: ajareselde on May 16, 2015, 12:13:08 PM
I'm willing to lend bitcoins for 0.01% a day (3.71% APR)
Min. amount per person : 0.0001 BTC
Max. amount per person : 1 BTC
You get paid the interest (0.01%) daily to your bitcoin address, principal can be asked back at any time (takes max. 24h) (PM)

You can send the bitcoins to : 13T1eoJTe9mCMdNpYaCE26DNKqPjxNZrqu and mention the btc address to return the principal and interest

Loans taken :

"lend"
- grant to (someone) the use of (something) on the understanding that it will be returned.

I think you are trying to "borrow" , and not "lend"

Now when that's resolved; i advise everyone to take extreme caution with this deal, because without OP giving goods equal amount to trusted escrow as collateral, there is nothing
stopping him from running away with your funds after enough is accumulated.

https://bitcointalk.org/index.php?topic=1062371.msg11392083#msg11392083
Loan Amount : 0.03
Reason : private
BTC Address : 13T1eoJTe9mCMdNpYaCE26DNKqPjxNZrqu
Term Length : 10 days
pm please

How would you give people money here , while you're asking for a loan there..

cheers


Title: Re: Lending bitcoins @ 0.01% a day (3.71% APR)
Post by: Neotox on May 16, 2015, 12:15:20 PM
What is guarantee that they will get their bitcoins back.
for me it looks specious unless you put the collateral with escrow valued atleast 120% of the amount you take from users


Title: Re: Lending bitcoins @ 0.01% a day (3.71% APR)
Post by: Vod on May 16, 2015, 12:16:04 PM
How would you give people money here , while you're asking for a loan there..

Good catch!  :)


Title: Re: Lending bitcoins @ 0.01% a day (3.71% APR)
Post by: leen93 on May 16, 2015, 12:19:03 PM
What is guarantee that they will get their bitcoins back.
for me it looks specious unless you put the collateral with escrow valued atleast 120% of the amount you take from users

https://bitcointalk.org/index.php?topic=1062397.new#new

I cannot provide collateral for loans of a few cents, this is too time consuming to arrange for every loan
If you are interested in lending me at least 100 USD with full collateral held by escrow you can have a look in the topic


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: Muhammed Zakir on May 16, 2015, 12:33:21 PM
I don't think there is a need for this loan for you. This is more or less a reputation loan.


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: leen93 on May 16, 2015, 12:38:30 PM
I don't think there is a need for this loan for you. This is more or less a reputation loan.
I have the right to ask for a loan here without having to tell you the reason and you have the right to deny offering me the loan...


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: Muhammed Zakir on May 16, 2015, 12:41:11 PM
I don't think there is a need for this loan for you. This is more or less a reputation loan.
I have the right to ask for a loan here without having to tell you the reason and you have the right to deny offering me the loan...

Right but you don't have the right to spam lending board and I have the right to warn people.


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: cbase on May 16, 2015, 12:42:33 PM
This looks like a ponzi with 1% to earn in 100days. Lol goodluck to you. Im pretty sure no one will give you even a little amount


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: leen93 on May 16, 2015, 12:44:07 PM
This looks like a ponzi with 1% to earn in 100days. Lol goodluck to you. Im pretty sure no one will give you even a little amount
Like I mentioned
If you don't trust me I am willing to provide collateral : https://bitcointalk.org/index.php?topic=1062397.0


Title: Re: Borrowing BTC @ 0.01% a day (3.71% APR)
Post by: amiryaqot on May 17, 2015, 08:40:29 AM
This looks like a ponzi with 1% to earn in 100days. Lol goodluck to you. Im pretty sure no one will give you even a little amount

no that is not a ponzi scheme to earn some percentage of interest on it, that is easiest way to gain trust from forum member by spamming loan.