Bitcoin Forum

Hi, my account is new but I have been reading the forum for a while not on a daily basis but to follow btc. Iam also one of duches that mined in the early day and though this wasn't going to be a thing so after have no idea where my original wallet is I can say I have lost a bit (big) money lol.

My request ( or prospect ) is regarding a 50k € loan.
I have no idea about there is a possibility to make the loan happen so please don't down vote right away.
I saw the sticky about no collateral - no loan, and to start I must say that even I could give my property as collateral since I only own a 1/6 of it the % is not the necessary one.

Now explaining, my loan objective was to do my training as a professional pilot , I would start to pay as soon as I got a job which in Europe usually pays at least 40k/year. ( I could start to pay for instance while I was studying which lasts for 14/16 months interest only without cutting the original debt).
The reason is that in the UK they ask a property as a security and I don't own any, and in my home country they ask for income earned in the country which I don't have cause I live abroad in the UK.

Job prospects are from good to awful depending a lot where you do your training, my place of choice would be where major companies send / hire students , including emirates, Tap, Ryanair, easyjet, etc.

As I don't have any collateral I was wondering if getting like a proper contract and meeting personally , giving all my info like ID, address etc (that could be checked with UK authorities and with my national embassy).

As interest or repayment time , I would leave it to other time, as first want to check if this is a possibility or not.

(Giving a second person with a permanent UK contract as security to make sure I don't default could also be a possibility)

I gotta say mate.... this is badly done.

For something so serious, being a long time reader didn't stop you from creating an active account with some trade reputation etc. to make you seem at least a little plausible.

I'm not saying you are a scammer but a loan of that size will not see any luck here.

What if you die, become terminal ill or unfit to fly after or during your training?

All the contracts in the world don't protect against that I'm afraid.

Good luck with your ambitions, but I would look at alternative sources of funding.

True. And thanks for the honest answer.

I have been looking for some bitcoin lending websites but I only seem to find one where the loan cap is 31k euro. Beside that only loans until 15k.
Regarding the death/loss of license.
Life insurance would be the answer. Also pilots have loss of licence / medical mandatory insurance .
If anyone could point me to some bitcoin option/ website lender that do this kind of values would be much appreciated as I have run out of options on the regular banking solutions. I have the normal lending options in the UK but the interest is just unreal, and I rather pursue other option .

Thanks in advance if there is any suggestion.

btcjam.com is usually the best website for this kind of loaning, and they allow complete identity verification and have some arbitration stuff too.

But, most Bitcoin loans I know of seem to have very high interest rates, higher than interest rates from real world banks. You're likely going to lose even more due to the converting that much BTC to euros.

I'd suggest trying to search for more methods in the traditional banking system rather than aiming for BTC

Good luck!

A new account creator saying 50000 Euro prospect is as good as avoiding this thread and locking it. OP -  Nobody will be interested in your offer I can assure you. What do you do and what is your business?

That's really funny , brand new account asking for very huge amount as loan without even providing any collateral, OP are you really serious and expect that people here will interest about this topic ?

I thin OP is more of a dreamer than a scammer.

If you are looking for a loan that size, you might want to be prepared with a business plan to present.  I will not even consider a loan that size without a proper business plan.  Have that available if you want anyone on here to entertain your search as serious.

I thin OP is more of a dreamer than a scammer.