Bitcoin Forum

Economy => Lending => Topic started by: TangibleCryptography on November 21, 2012, 07:05:22 PM



Title: [REPAID] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 21, 2012, 07:05:22 PM
Tangible Cryptography LLC seeking short term loan.  
Have an opportunity that would be unfortunate to pass up and right now we are cash "rich" and coin poor.

Total loan: 1,000 BTC.
1000 BTC. 370 BTC remaining.   Funded.
1% for up to 3 days, plus 1% per day after that (penalty interest I can't imagine it being necessary).

I think the company rep speaks for itself and the avg daily volume for FC4B is ~1600 BTC.
It may be a little lower this holiday weekend that is why the loan if for up to 3 days.

Prefer one lender but willing to split it up.

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Tangible Cryptography LLC seeking short term loan.  
Have an opportunity that would be unfortunate to pass up and right now we are cash "rich" and coin poor.

1000 BTC.  
1% for up to 3 days, plus 1% per day after that (penalty interest I can't imagine it being necessary).

I think the company rep speaks for itself and the avg daily volume for FC4B is ~1600 BTC.
It may be a little lower this holiday weekend that is why the loan if for up to 3 days.

Prefer one lender but willing to split it up.
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Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: lukasbradley on November 21, 2012, 08:00:00 PM
PM sent.


Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 21, 2012, 08:27:07 PM
Received 200 BTC, need 800 BTC more.  Need it by 5PM PST at the latest.  Will close the request if not funded by then.  Although it doesn't help us if only partially funded will still pay interest to the lenders who partially funded.


Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: lukasbradley on November 21, 2012, 08:57:54 PM
I'm in.  But I don't want to fun if you're partially funded.  Doesn't make sense if you can't complete the transaction to pay interest to me.


Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 21, 2012, 09:56:22 PM
I'm in.  But I don't want to fun if you're partially funded.  Doesn't make sense if you can't complete the transaction to pay interest to me.

Ok so that is 400 BTC, 600 remaining.

I don't mind taking that chance.  I am running up against the Bank Wire cutoff (and tomorrow is a banking holiday).  If the last lender steps up 15-20 minutes before the cutoff I don't want to then have to try and get funds from all the lenders but I also don't expect lenders to not get paid.  The risk is on our company.  We will pay interest either way.


Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: Raoul Duke on November 21, 2012, 09:58:45 PM
Can lend you 130 BTC if that's of any use for you.


Title: Re: [LOAN] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 21, 2012, 10:14:20 PM
Can lend you 130 BTC if that's of any use for you.

It is and thanks.  Between psy and another lender that is another 230 BTC.  370 BTC remaining.


Title: Re: [FUNDED] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 21, 2012, 11:36:32 PM
FUNDED.  Thanks for all the help lenders.  Principal + 1% due in 72 hours. 


Title: Re: [REPAID] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 23, 2012, 07:27:39 PM
REPAID. 
Loan repaid early.  Thank you to the lenders that helped improve our liquidity in a tight spot.


Title: Re: [REPAID] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: Raoul Duke on November 23, 2012, 07:36:28 PM
REPAID. 
Loan repaid early.  Thank you to the lenders that helped improve our liquidity in a tight spot.

Repayment confirmed.


Title: Re: [REPAID] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: lukasbradley on November 23, 2012, 07:41:56 PM
REPAID. 
Loan repaid early.  Thank you to the lenders that helped improve our liquidity in a tight spot.

Confirmed.  Loan repaid early with 1% interest.

I really hope it worked out for you, and wasn't a useless transaction.


Title: Re: [REPAID] Short term loan needed, 1000 BTC 1% for up to 3 days.
Post by: TangibleCryptography on November 23, 2012, 07:43:48 PM
It worked out. Win-win all around.