Bitcoin Forum

Economy => Lending => Topic started by: bumcoin on August 10, 2015, 02:08:06 PM



Title: Need a 0.02-0.05 loan, got collateral
Post by: bumcoin on August 10, 2015, 02:08:06 PM
The title says it all, need a 0.02-0.05BTC loan, my collateral is PayPal, not sure if that is allowed/valid collateral. Interest is 20%. Loan will be payed maximum 13th August, 2015 and minimum 11th August 2015. Thank you for reading!


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: Undermood on August 10, 2015, 02:13:13 PM
The title says it all, need a 0.02-0.05BTC loan, my collateral is PayPal, not sure if that is allowed/valid collateral. Interest is 20%. Loan will be payed maximum 13th August, 2015 and minimum 11th August 2015. Thank you for reading!
paypal is not valid collateral! You could check the sticky thread in this board!


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: --Encrypted-- on August 10, 2015, 02:15:08 PM
The title says it all, need a 0.02-0.05BTC loan, my collateral is PayPal, not sure if that is allowed/valid collateral. Interest is 20%. Loan will be payed maximum 13th August, 2015 and minimum 11th August 2015. Thank you for reading!

not a valid collateral. you can send funds from A to B, offer B as collateral, then do a chargeback with A.

https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: Alvin Fahriza on August 10, 2015, 02:32:35 PM
The title says it all, need a 0.02-0.05BTC loan, my collateral is PayPal, not sure if that is allowed/valid collateral. Interest is 20%. Loan will be payed maximum 13th August, 2015 and minimum 11th August 2015. Thank you for reading!
if you have PayPal why you not going to buy 0.02 btc from your PayPal balance?


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: Undermood on August 10, 2015, 03:15:47 PM
The title says it all, need a 0.02-0.05BTC loan, my collateral is PayPal, not sure if that is allowed/valid collateral. Interest is 20%. Loan will be payed maximum 13th August, 2015 and minimum 11th August 2015. Thank you for reading!
if you have PayPal why you not going to buy 0.02 btc from your PayPal balance?
I guess he has no that much money in his PayPal or just want to try to get a loan !


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: whywefight on August 10, 2015, 04:03:07 PM
paypal & bitcoin = bad idea


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: subSTRATA on August 10, 2015, 07:52:50 PM
paypal & bitcoin = bad idea
he might as well go on virwox and buy the coin he "needs," no one here will lend or sell bitcoin for paypal funds to someone without some established trust.


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: ajareselde on August 10, 2015, 08:26:39 PM
paypal & bitcoin = bad idea
he might as well go on virwox and buy the coin he "needs," no one here will lend or sell bitcoin for paypal funds to someone without some established trust.

Let's be honest here. He's not trying to exchange anything, op only wants to scam someone into sending btc, and reversing the payment afterwards,
that's exactly why noone deals with paypal here (with newbie accounts)

cheers


Title: Re: Need a 0.02-0.05 loan, got collateral
Post by: techgeek on August 10, 2015, 08:34:47 PM
i dont think anyone will do this at all, and if they do they never experienced a charge back done to them feels.

Its probably the worst feeling ever, and paypal isnt really attractive in general on a doing bitcoin transactions.