Bitcoin Forum

Economy => Lending => Topic started by: Kruniac on May 27, 2013, 02:44:57 AM



Title: [Closed]Looking for a short term loan of 0.62 BTC
Post by: Kruniac on May 27, 2013, 02:44:57 AM
This is pretty straight forward. I'm looking for small loan to the tune of 0.62 BTC. I'm short on an investment I'm looking forward to, and getting this now rather than weeks from now (especially with how the BTC market is) would help me out considerably.

I'll pay 0.80 BTC back to the lender no later than June 30th, with a -probable- date of June 14th. I intend to use the loan (along with nearly matching BTC I already have) in a small business investment where I'm expecting a nice return.

I understand that a loan this small with a due date over 30 days from now isn't very common, but I'm allowing shipping time on some items that this will be funding. If the balance due isn't acceptable, PM me and we can work something out. Keep in mind that I'm not -desperate-, it would just be nice to save me 2-3 weeks to gather the BTC myself.

I can provide ID (provided that it's kept confidential if the terms of the loan are met), home address (with the same terms), and other information upon request.

I don't really have any collateral to speak of for this small amount of money. No online assets I could stake, and physical items wouldn't be worth the shipping time/cost to put up.

At any rate, if you'd like to provide this loan, please post here. If you PM me regarding the terms and/or requests for information, please post in this thread that you are doing so to avoid confusion. We don't want six people trying to fill the offer at once. :)

*Edit* Closed due to winning at Satoshi.


Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: 🏰 TradeFortress 🏰 on May 27, 2013, 02:48:16 AM
What is your investment?


Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: Kruniac on May 27, 2013, 02:59:20 AM
What is your investment?

Something akin to eBay shopping. I buy goods at low prices that I know I can resell at a markup. I never dive in until I know that I can make a profit after deducting initial cost and shipping.

It's pretty simple - if I get this loan, I can buy a larger bulk order. I save 0.08 on the goods, and another 0.05 on shipping. I'm passing that onto whoever can provide this loan plus extra. I make my order, the lender makes 0.18 BTC (Or whatever would be reasonable), we all get reputation. Everyone wins.

Also, I'd rather not have to beg for the 0.02 BTC that I'm short on for a smaller order with standard shipping. And I -really- don't want to do another BitInstant order for such a small amount, as the Moneygram/ZipZap/BitInstant fees literally just kicked me in the head today.



Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: OneSixtiethOfASecond on May 27, 2013, 03:09:43 AM
There is no June 31st, June has 30 days.


Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: Kruniac on May 27, 2013, 03:13:49 AM
There is no June 31st, June has 30 days.


And I'm an idiot. I'll edit my post.

Again, I'm just making a lot of room for repayment. I can't really see it taking longer than June 14th, but I wouldn't want to be wrong about it and default.


Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: Kruniac on May 27, 2013, 01:34:56 PM
I'll give this another twelve hours, and go with option B (a smaller order).

If this is the case, you guys will see another loan request for 0.02 BTC. That's... so sad.


Title: Re: Looking for a short term loan of 0.62 BTC - will return 0.80 BTC by June 31st
Post by: Kruniac on May 28, 2013, 12:11:37 AM
I just found satoshidice. I won about .3 BTC, so I no longer need this. SO AWESOME! :D