Bitcoin Forum

Hey everybody, looking to get a jump into the bitcoin market.. interested in a small loan, ideal would be 0.2BTC but anything from 0.05 as a starting loan to get me moving and offer repay in 2 days time.

Repay will be 0.075 for 0.05 loan.
0.125 for 0.1 loan
or 0.25 for 0.2 loan

Or whatever in between will be firgured out upon loan offer

If loaned received 4/26 will repay 4/28
if received 4/27 repay 4/29
etc.

Can accept via BTC wallet or SWC chips

It would be good if you could explain what you need the loan for, you would attract more lenders that way.

Not sure if it will be of my benefit, unless of course lender is drug friendly..

Interested in exploring SR.. Have browsed the site throgh TOR and have seen offers as little as 0.02BTC for what I am interested in, ideally would like to try out on items that are in the 0.1-0.2 area though..

Not that lending BTC would have any trace back to lender for my using for SR..

Also would like to try out some poker on SWC site

Which exchange are you using?

I opened an mtgox account and have a wallet on blockchain.. what is recommended?

I will negotiate higher paybacks if I can receive this loan today

Why do you still need it?  Just wait until tomorrow when your coins clear - then you won't need to pay interest. :)

That's true haha, but I would like to put the order in by tonight.. The prices are right on SR so I would be willing to pay extra in order to get the order in sooner.. By what I've seen prices can vary day to day due to rate changes

They won't change that much, BTC is pretty stable at the moment.

Well that is good news, so if I put my money in for a bitcoin Monday will I receive it Monday?

Depends where you buy it from.

Oh ok, well that's why I am interested in a loan, I get paid Monday.. But I guess that could mean I am looking for a week long loan, with higher interest rates or whatever a week loans interest rate would be

Ah, so you probably weren't planning on repaying "2 days later" then, if you haven't even put money into MtGox.



Monday is 4/29.  So you would not have been able to repay on 4/28 if you don't even get money until Monday.

Right, my apologies I am new to bitcoin and thought it was instant.. So really what I would be looking for would be a week long loan with a little higher interest rate

You used Tor and know what the prices are on SilkRoad (even call it "SR") but you didn't know that putting cash into bitcoin wasn't instant? Guess it's time to change your username and try again cause you dun goofed.

Let's say it IS instant.  How you going to repay on the 28th if you don't get your paycheck until the 29th?

 ???

Prices on SR are tied to the dollar, not to the price of bitcoin.

there is a sale going on right now though :D

This is what I was looking at..

But I see how difficult it is to get a loan on here, ill try another community or have to wait a week

It is when you lie...  :-\

I didnt mean for it to seem that way.. I could have just re negotiated the terms, once finding out I really needed a week long loan instead of a 2 day.. I would have discussed the agreement terms with lender and there we would have caught the mistake and either had to re negotiate or drop the loan all together.. it would not have been too difficult to figure out