Bitcoin Forum

Economy => Lending => Topic started by: MRKLYE on June 22, 2013, 10:59:35 PM



Title: I need a 2 BTC loan
Post by: MRKLYE on June 22, 2013, 10:59:35 PM
I wish to bid on this item: https://www.bitmit.net/en/item/40428-crypto-currency-mining-computer-price-drop

I'm willing to give you 95% of the PPS payout it receives until I pay you back 2.5BTC!

Currently mining at 50MH/s with my laptop.. I need a rig. :/

Can post ID and SSN if needed.

Auction ends in less then an hour. Please get ahold of me quickly.

Thanks for reading this post!


Title: Re: I need a 2 BTC loan
Post by: Vod on June 22, 2013, 11:01:24 PM
I wish to bid on this item: https://www.bitmit.net/en/item/40428-crypto-currency-mining-computer-price-drop

I'm willing to give you 95% of the PPS payout it receives until I pay you back 2.5BTC!

Currently mining at 50MH/s with my laptop.. I need a rig. :/

Can post ID and SSN if needed.

Auction ends in less then an hour. Please get ahold of me quickly.

Thanks for reading this post!

No one will do this without collateral.   :-[


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 22, 2013, 11:04:25 PM
Ahh. I just noticed that.. Maybe I will avoid him.. Kinda smells scammy. I agree.

Only things I have for collateral are far greater in cost then 2BTC (Turntables, DJ gear, Studio monitors).
I'm hoping to establish myself on this forum.. I have no intention of giving up my good standing in the community. :/


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 22, 2013, 11:08:33 PM
I find it silly that people will give known scammers hundreds of dollars worth of BTC without so much as a whim..

Yet for someone who's never scammed in their life and would like to prove they are trustworthy.. Get shot down like fire. :/


Title: Re: I need a 2 BTC loan
Post by: Fear on June 22, 2013, 11:40:10 PM
I find it silly that people will give known scammers hundreds of dollars worth of BTC without so much as a whim..

Yet for someone who's never scammed in their life and would like to prove they are trustworthy.. Get shot down like fire. :/

Yup.Some already took their chances and gave chances to people like you and it turned out to be a masked known scammer.
Don't blame people on their actions,put yourself instead of them then decide the choice.I know maybe you are not a scammer but,you gotta understand how people feel.
I had troubles getting a loan myself.But I can't blame them really as I have suffered scammers a lot in my life myself.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 12:23:35 AM
Don't blame people on there actions?

That is the silliest thing I've ever heard.


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 01:01:32 AM
Don't blame people on there actions?

That is the silliest thing I've ever heard.

So you can be a stranger that I have never met,come ask me to give you 200$+ and I refuse so you have to blame me for that ?.

Meh,you sure you know who is the silly one here ?


Title: Re: I need a 2 BTC loan
Post by: 🏰 TradeFortress 🏰 on June 23, 2013, 01:03:33 AM
Sorry to say this but this loan is -EV. It is throwing your money away.

Doesn't matter if you have good intentions, doesn't matter if you repay, it is still -EV.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 02:41:30 AM
What is -EV? I'd lose on electricity?


Title: Re: I need a 2 BTC loan
Post by: 🏰 TradeFortress 🏰 on June 23, 2013, 04:49:52 AM
expected value.

Say you have a 50% chance to get 2.1x. The EV of that is 1.05.

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.


Title: Re: I need a 2 BTC loan
Post by: Tomatocage on June 23, 2013, 04:52:05 AM
Going by the past deals in this forum, there's a 99%+ chance that if you give out a loan, you will not get your money back.  You're better off playing the 50% addy at Satoshi Dice. Not only is the % return a LOT higher, but you actually have a much better chance of winning.


Title: Re: I need a 2 BTC loan
Post by: Tomatocage on June 23, 2013, 04:55:07 AM
Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number :D


Title: Re: I need a 2 BTC loan
Post by: r3wt on June 23, 2013, 04:56:01 AM
Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number :D

quit brown nosin' -.-


Title: Re: I need a 2 BTC loan
Post by: 🏰 TradeFortress 🏰 on June 23, 2013, 04:56:27 AM
Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number :D
Hey, every time a newbie lends another newbie the loan seems to be repaid! :D


Title: Re: I need a 2 BTC loan
Post by: r3wt on June 23, 2013, 05:07:40 AM
Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number :D
Hey, every time a newbie lends another newbie the loan seems to be repaid! :D

ain't it amazin' how that works?


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 06:23:34 AM
Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.


Title: Re: I need a 2 BTC loan
Post by: 🏰 TradeFortress 🏰 on June 23, 2013, 06:31:14 AM
Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 08:45:40 AM
Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Thats a big +1 :D.
I have always wondered if someone takes a loan and he died (I mean for real) before the repayment time how would the lender know that :D


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 09:04:18 AM
Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Who's to say the universe didn't already end and we are merely experiencing memories of it?

To shoot me down or call me a scammer without proof is slanderous. I take a great amount of pride in being on point with my business ventures.


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 09:43:54 AM
Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Who's to say the universe didn't already end and we are merely experiencing memories of it?

To shoot me down or call me a scammer without proof is slanderous. I take a great amount of pride in being on point with my business ventures.

What a really contradicting person.
Say the same words to you,you are calling them guilty because they don't want to loan you.
But as much as we don't have a proof for you being scammer,you didn't give us a single proof that you are not neither you gave a collateral or anything that would make them feel safe about loaning you.
Correct me if I am wrong.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 11:15:03 AM


What a really contradicting person.
Say the same words to you,you are calling them guilty because they don't want to loan you.
But as much as we don't have a proof for you being scammer,you didn't give us a single proof that you are not neither you gave a collateral or anything that would make them feel safe about loaning you.
Correct me if I am wrong.

I think you're a bit daft mate. Your grammar is shite too.

Any of my collateral would cost me more to ship then it would be worth.
I offered up ID and SSN. And anyone who's interested could PM me for further info on collateral.

But unfortunately, There's pock faced trolls like you crying scammer scaring off people.

Just because no one will give you a loan doesn't mean you have to torpedo others. -_-


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 11:20:52 AM


What a really contradicting person.
Say the same words to you,you are calling them guilty because they don't want to loan you.
But as much as we don't have a proof for you being scammer,you didn't give us a single proof that you are not neither you gave a collateral or anything that would make them feel safe about loaning you.
Correct me if I am wrong.

I think you're a bit daft mate. Your grammar is shite too.

Any of my collateral would cost me more to ship then it would be worth.
I offered up ID and SSN. And anyone who's interested could PM me for further info on collateral.

But unfortunately, There's pock faced trolls like you crying scammer scaring off people.

Just because no one will give you a loan doesn't mean you have to torpedo others. -_-

First thing,watch your words and be polite kid.
Second,its nice how you complain about grammar and writing "shite" right after it.People who try to make fun of themselves don't even do that.
Third,what would ID and SSN be helpful for ?,if you default the loan do you think he can do anything with them ?.He can't report you to the fbi for taking a virtual loan and not paying.I have seen people giving these info and even pictures of themselves and still defaulting.

Finally,try not to write before you search or learn.I already got a loan myself,so your statement is invalid and you really should look at your posts to see who is crying here.

Good luck with your loan  :-\


Title: Re: I need a 2 BTC loan
Post by: Tomatocage on June 23, 2013, 11:24:14 AM
SSN and ID are pretty much worthless for collateral.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 11:31:06 AM
How so? With the info on your ID and SSN anyone could, given the right amount of motivation:

1. Take credit cards out in your name
2. Access your tax information / reroute checks
3. Apply for a birth certificate
4. Take out loans under your name

In saying that. I'm not even sure I'm willing to give anyone that information now. -_-


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 11:32:11 AM
And Uhh. Why did I get dinged on my trust rating..

Your american is showing... -_-


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 11:49:25 AM
https://bitcointalk.org/index.php?action=trust;u=130731

Message sent from the OP to Tomatocage in feedback

"Guy is powertripping.. Caling me a scammer when I haven't even procured a loan or scammed anyone.

Grade A+ asshole."

Don't we have any rules to ban flaming kids ?


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 11:50:26 AM
And Uhh. Why did I get dinged on my trust rating..

Your american is showing... -_-

I will tell you one thing to end up this thread.
If Tomatocage thinks you won't get a loan,trust me you won't.


Title: Re: I need a 2 BTC loan
Post by: Tomatocage on June 23, 2013, 04:51:14 PM
And Uhh. Why did I get dinged on my trust rating..

Your american is showing... -_-

Yeah I dunno a way to leave cautionary trust ratings without negatively affecting your score. I didn't mean for your score to turn red; I just wanted to encourage others to be extra careful since, even if by chance, you post like another guy who has been scammer-tagged.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 08:00:36 PM
I'm not another user.. :/ I've only been into BTC like a month now..

Who can I email to remove your minus points I gave as I see you have reversed mine.. Sorry about that. :/


Title: Re: I need a 2 BTC loan
Post by: Vod on June 23, 2013, 08:08:45 PM
Who can I email to remove your minus points I gave as I see you have reversed mine.. Sorry about that. :/

Your American is showing....

Hypocrite.


Title: Re: I need a 2 BTC loan
Post by: Fear on June 23, 2013, 08:39:45 PM
I'm not another user.. :/ I've only been into BTC like a month now..

Who can I email to remove your minus points I gave as I see you have reversed mine.. Sorry about that. :/

No offense but,you don't really understand that your feedback doesn't really matters.
For a person like him,if you negative feedback him people won't hate him but,its more like a way for making people negative feedback you more.
And since you had 0 reason to feedback him it wasn't even a valid feedback so it was in the untrusted feedback part.

Good luck on your loan.


Title: Re: I need a 2 BTC loan
Post by: MRKLYE on June 23, 2013, 10:12:31 PM
How am I a Hypocrite?

After exchanging blows to the rep meter. I stood down and apologized.

Infact, that's the Canadian thing to do.

So watch yer Yankee mouf brah!!(jokes)


Title: Re: I need a 2 BTC loan
Post by: Vod on June 23, 2013, 10:25:31 PM
How am I a Hypocrite?

After exchanging blows to the rep meter. I stood down and apologized.

Infact, that's the Canadian thing to do.

So watch yer Yankee mouf brah!!(jokes)

You're a hypocrite because you criticized him for giving you bad feedback.

Then you gave him bad feedback.


Title: Re: I need a 2 BTC loan
Post by: r3wt on June 23, 2013, 10:40:25 PM
How am I a Hypocrite?

After exchanging blows to the rep meter. I stood down and apologized.

Infact, that's the Canadian thing to do.

So watch yer Yankee mouf brah!!(jokes)

You're a hypocrite because you criticized him for giving you bad feedback.

Then you gave him bad feedback.

oh jesus let it go man both of you are stupid.


Title: Re: I need a 2 BTC loan
Post by: Vod on June 23, 2013, 10:42:14 PM
How am I a Hypocrite?

After exchanging blows to the rep meter. I stood down and apologized.

Infact, that's the Canadian thing to do.

So watch yer Yankee mouf brah!!(jokes)

You're a hypocrite because you criticized him for giving you bad feedback.

Then you gave him bad feedback.

oh jesus let it go man both of you are stupid.

Hey bozo - he asked, I answered.  :)


Title: Re: I need a 2 BTC loan
Post by: r3wt on June 23, 2013, 10:43:54 PM
How am I a Hypocrite?

After exchanging blows to the rep meter. I stood down and apologized.

Infact, that's the Canadian thing to do.

So watch yer Yankee mouf brah!!(jokes)

You're a hypocrite because you criticized him for giving you bad feedback.

Then you gave him bad feedback.

oh jesus let it go man both of you are stupid.

Hey bozo - he asked, I answered.  :)
C'mon dick, you know better than to embroil yourself in a troll fight.  :P