Bitcoin Forum

Hi i found a nice flat however im not going to make the first down payment, so im asking you to provide me with about 500BTC in advance. Can pay about 1200€ back each month....

Do you have any collateral to offer? If you don't have any collateral then it is better to move this thread to archival before someone give you red trust for asking high amount of loan without collateral

oops, yeah well i was thinking about a proper loan contract with KYC and stuff. After receiving the BTC i will cash out and start paying my rates, I believe that the btc price is going to fall within the next months.

No way man, things doesn't work like this. The maximum you can ask for a loan by providing your account as collateral is somewhere at 0.02x so requesting a loan of 30,500€ you are asking in a wrong place.

actually its more in the area of 305.000 € if i got the price right. and i know that for some people around the world its rather hard to convert that amount of btc back into cash. for me its not, i got a good paying job, so if anyone is interested just pm me..

Oops..  ::) What you doing? are you kidding mate?  xD then what you ensure for it? Hmm i things you at wrong place here.

So what is your offer as collateral? do you ever heard no collateral no loan?
if you got a good paying job, just wait till you get payment from your job

All this loan posters keep forgetting the golden rule of the lending sub forum.. NO COLLATERAL NO LOAN

You got a good paying job? Ask local banks then, no one is crazy herw to give out 500btc loan to a stranger over the internet and maybe even the admins here won't get that much money if they asked

I lol'd

500 BTC, Repaying 1200€ back each month....

Have you guys figured out that its gonna take over a 2 decades to pay this back?

500 BTC = 300,400 €
@ 1200 € /Month

300,400 €  = 250 months
250 months > 20 years

 It doesn't matter if the flat is the collateral, the only issue would be that he doesn't have a down payment so it might be possible to lose money on the resale of the flat if he defaults in the first few months.

 My biggest issue would be the low interest rate he is asking for here.  A 305 000 euro mortgage over 25 years @ 1 200 per month is only 1.355% interest.  Way too low even in todays low interest rate climate.  I think 1 600 euro per month would be more realistic and only if OP had at least 5% of his own money to put down.

I am wondering why this user thinks someone will fund this loan here???  For a loan like this, you need to go to a bank.  There is no one on here that is going to risk that much unless we have to collateral in hand.  Sorry guy.

In fact that is 0.3 Million Euros, since you have a good paying job then why requesting a loan from our community, go and ask to your friends or anywhere else, if you don't want your account to receive negative trust then lock this thread and don't ask this kind of loan ever.

I saw a LOT funny loan requests but this one it the top of the top ...... 500 Btc and no collateral lol

Its impossible to lend 500 btc at this stage because instead of they giving you a loan its better to hold it and wait after block halving and i think they can make more profit than they loan it to you..

500 BTC? Wow, that is a large sum! Would anyone here on the forum lend this big sum to some person that he doesn't know and with no solid guarantes for paying back? Is very brave to ask this sum and lending is even braver. But anyway, good luck.

This has nothing to do with being brave..

Listen. I understand what you're going through as I have been there before. I can help you with this loan but first I'll need you to do some things to prove to me and everyone else that you are legit.

I'll need you to post your real name and place of work.
I'll also be requesting that you post 3 pictures clearly showing your face and your forum name.
In addition, I'll need for your close family (mom, dad, brothers, sisters, grandparents) to post on this forum on your behalf and explaining to use why we should grant you this loan.

If you can complete all that Then I'll only have a few more hoops you'll need to jump through before you get the loan.

For example, I need you take take a picture of yourself sitting in a bathtub full of marshmallows ( i know that's an easy one)
I'll need 3 liters of your blood, overnighted to me but dont worry I'll keep it cold in the fridge.
I'll need you to catch 5 kiddy blown bubbles on your nose at the same time. ( that one may take some practice)
And once you've completed all those tasks I'll only ask you to climb Mt Everest naked and reach the summit.
Once all of the tasks have been completed I'll be happy to fund your house and be your landlord with you on a rent to own basis.

 ;D

 lol  You never did get a house did you?   I guess not since:

:D
Not yet anyway but the op can attempt and if he makes it he'll get his loan and then a house.

Well knighkon,the problem is even when u have a good salary and you work constantly,most of banks probably wont give you 330,000$ for a loan.
Im kinda curious what are the requirements exactly for that amount of money.

The requirements should not be that much.  If I needed that much, I would just go into a bank and apply for a mortgage on the land.  If you are buying that much property, being worth that much, you should be able to find a bank who will give you a mortgage on the land.  This is unless you are less than credit worthy or have issues with credit in the past.

I don't think I've ever seen a loan amount request that high before. Incredible.

Update:

Loan has been provided.

THX

Great.Do you mind showing your bitcoin address where the loan is provided so that we can be sure you're not a scammer/liar ?You have real issues mate,your brain is as big as a peanut.500 btc loan which will be paid over a period of 20 years seems like a fantasy to me.Are you still living in the 70's or you're 70 years old ? Either way,stop faking shit.

Yes, I do also want to see the transaction, if that really happened.

This is a terrible idea. Suppose you had done this 6 months ago. You borrow 500BTC, which was about $210,000. Since the price has gone way up, you would now owe $325000. That is another $115000. And that is just the principal! So as the price rises you fall ever further in debt. You can't pay, the lender is out the money, bad idea.

I also agree and many members when they are afflicted ask loan without considering the factor current price of bitcoin and the price that the bitcoin'll be when he is to pay the loan.


Banks are explorers, when they lend money exploit you.

If someone a property of high value, sell good high-value and buy what you need instead of making loan to a bank

Ha ha ha. Such a scammy asshole troll. Yeah, I bet someone lent 500 BTC to a kid who spends his day whining about ICO's and angry that he lost $3k on Rise shitcoin.

Don't think there is a person in the world who would loan you a box of rocks.

500 btc loan crazy?  no collateral? people might red flag watchout

I bet noone gave him the money, he is just preparing grounds for a scam.

https://s31.postimg.org/mbmtr08kb/trust.png

This ammount of bitcoin to be lended is insane is the same thing as donation, as there is no colateral, and i doubt someone would be able to show such colateral to cover the huge risk. I believe maybe just admin has such coins ammounts, people are insane asking for insane ammounts.

If only you give him bad trust then who else will care. we need someone on the default list to do it so it shows for everyone.

Sometimes i'm not sure if they read rules of this forum before they asking for it..Red is what they will get..
Such a waste of time and energy.

Post the transaction ID and sign a message from the address that received the said 500 bitcoins or it didn't happen, as simple as that.

yeah for sure, and there is any evidence of any loan granted to the OP :)
funny request a 500 btc loan!!!

Its kind of funny that no one from DT has given OP a negative trust for this.

I don't think anyone with that many bitcoins is foolish enough to lend their money to OP.

whats your problem bro? Loan has been provided; i am happy, lender is happy. Take care of your own business dude...

Ok, this is really funny. This guy is supposed to be the IOTA main Dev. As it turned out, he is a 17 year old boyscout. His IOTA Project just has failed, since he didnt manage to aquire the funds needed to initiate the IOTA foundation.

Believe me, this guy is the real scammer..

I can offer micro loans not this much. No one is a fool. 500BTC is too much man. Please use you head.