Bitcoin Forum

Hello,
I want to borrow
0.1 - 2 BTC
For trading in localbitcoin.
Period : week(7days)
Return : 120%
My Feedback :
https://localbitcoins.com/accounts/profile/prakasitboom (https://localbitcoins.com/accounts/profile/prakasitboom)

Contact :
Reply post /PM (sat&sun)
LINE: 888xchange (7/24)
Email: Prakasitboom@me.com(7/24)
Whatapp:+660906765571(7/24)

Thank you

As a Newbie you need to provide a collateral as an assurance that you will pay back what you owe to anyone who will lend you Bitcoins here. Feedback from another site is not a solid assurance. Better offer a collateral like alt coins that is worth 120% of the amount you are borrowing or close this thread.

EDIT: Posting your private message and making it public to make it easy for you to see my answer and others to chime in as well

1. I don't think coupons is a good idea to be used as a collateral as we will only know the real value of coupons when used and we don't use coupons everyday. A good collateral is something that can be easily sold if ever a borrower don't pay the borrowed amount.

2. Yes it should be more than the borrowed amount. If you Borrow 0.1BTC, collateral should be valued 0.12BTC or higher because that will give you enough reason to pay up as you don't want to lose something that is more valued that your loan. Check this link to know more about collateral https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902

3. Newbie status changes every other week, if i'm not mistaken the next rank up date is November 8 but it depends on your activity, if you have enough posts to rank up, but dont try to post 100 per day to increase faster because it will not help you but will put your account in danger for spamming.

Have you not learned anything from your posts here
https://bitcointalk.org/index.php?topic=1660018.0
and
https://bitcointalk.org/index.php?topic=1659753.0
???
If you don't have a collateral to offer, please stop creating new topics, and forget about getting a loan.
If you do have a valid collateral, post it here.

Will you pay back

Try to re-read before you asking on here, OP already said about when he will pay (but i doubt it)

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your feedback on other site is useless thing on here OP, we don't know you're same person or maybe just another scammer who pretending like a trusted user .

Additionally, localbitcoin accounts can easily buy and sold in the digital good so even if you provide a trusted account in there it does not mean that you can be trusted here.

Email Id : Fake one created for this purpose.
Number : A fake virtual online number.I know the country code of India.Your phone number is not verified on LBC I suppose.Pure tactics of a scammer.

Not because I would lend to you, but could you verify that the localbitcoins account is actually yours?

For all we know, you could just be a scammer who picked the same username as a successful localbitcoins merchant, and then pretend to be him.

That's funny, because you've already posted almost the exact same thread here (https://bitcointalk.org/index.php?topic=1659753.0). Do you care to explain why you're asking for two loans at the same time?

And another thread here (https://bitcointalk.org/index.php?topic=1660018.0). That makes 3 (so far).

Edit: Oh, another one in  long term offers (https://bitcointalk.org/index.php?topic=1659780.msg16665305#msg16665305). That's 4 threads. The only thing you do is ask for very big loans.

man, why you think, that only you are smart guy and others are idiots. you think we are yesterday born kids?

no one willnot lend you money, because you are very nasty scammer.

.1 - 2 BTC is a massive range; either way I wouldn't feel comfortable lending you anything, but have fun trying

OP as already stated above you need to provide a valid colateral without those you wont get any satoshis here, soo get a valid colateral and then ask for the loan.

I can back this saying. I have a lot of friends from India and I have their whatsapp numbers and for sure it doesn't start with +66 but with +91 so I can say being 100% sure that this one is only trying to get the btc from some victim here and get away.

Good for us though, there are no stupid persons in this forum, especially in this section of the forum.

still though, as you see my friend, they try to scam ppl here.
fake id's, phone numbers, transactions, names... ::)
and for what? to get 10-30$ average in their dirty little hands...

our community dont want and dont need those "guys".
we stay united and strong and they will not have any luck here. 8)