Bitcoin Forum

Economy => Lending => Topic started by: mmxxc on July 19, 2015, 04:01:43 PM



Title: 2 btc for antminer S5
Post by: mmxxc on July 19, 2015, 04:01:43 PM
Loan request: 2 btc

Reason: purchasing a Bitmain Antminer S5

http://www.ebay.com/itm/Bitmain-Antminer-S5-BATCH-5-1155-GH-s-Bitcoin-Miner-/141705904765?pt=LH_DefaultDomain_77&hash=item20fe54827d

Collateral: i have paypal with 2 registered credit cards

Repayment date: August 2nd 2015

Repayment amount: 2.6 btc


Title: Re: 2 btc for antminer S5
Post by: subSTRATA on July 19, 2015, 04:03:15 PM
anything paypal related is not valid as collateral as paypal payments are reversible. https://bitcointalk.org/index.php?topic=577765.0


Title: Re: 2 btc for antminer S5
Post by: CEG5952 on July 19, 2015, 10:12:06 PM
I heva a localbitcoins.com?

You have 2 credit cards and a paypal account. Why not go buy on legit exchangers with your credit card? I'm pretty sure there are people who accepts cc payments.


Title: Re: 2 btc for antminer S5
Post by: ajareselde on July 19, 2015, 10:23:30 PM
It's not even a valid collateral, if you're having doubts, take a look here on what is considered a valid collateral https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902
It's obvious that the paypal account is useless, because you can't even cover the cost of requested loan with it, then why would anyone else want it?

cheers


Title: Re: 2 btc for antminer S5
Post by: ColderThanIce on July 19, 2015, 11:33:33 PM
I heva a localbitcoins.com?

You have 2 credit cards and a paypal account. Why not go buy on legit exchangers with your credit card? I'm pretty sure there are people who accepts cc payments.
Or he could just buy the S5 directly from Bitmain seeing as they accept credit card payments as well. Not sure why OP isn't doing that instead of asking for a loan.


Title: Re: 2 btc for antminer S5
Post by: lottery248 on July 20, 2015, 12:41:36 AM
we should not trust you to pay it to you directly.
instead, if you wished for loan to buy S5, get the direct payment address.
do not get a loan without any specific reason, because unspecified loans are likely a scam, especially without collateral.


Title: Re: 2 btc for antminer S5
Post by: subSTRATA on July 20, 2015, 12:45:45 AM
we should not trust you to pay it to you directly.
instead, if you wished for loan to buy S5, get the direct payment address.
do not get a loan without any specific reason, because unspecified loans are likely a scam, especially without collateral.

even if sent to a payment address there is zero reason for trust; if that was done we would just be buying the miners for op instead of lending the money to buy them.