Bitcoin Forum

Hello there,
I am looking to preorder a 400 GH/s Jupiter miner from KnCminer. If interested, I will put up a listing on BTCjam. I have my identity verified plus a verified paypal on BTCjam if you are wary that I'll take the money and run in addition to an ebay account that has 11 positive feedback. I want to make it clear that these miners are going to ship this september. I will only start paying back when I get my miners. I will provide limited access to my KnCminer account so you can see when it exactly ships. Cheers!

ftfy

What % do you have saved yourself and what % do you need?

Well, unfortunately, I invested all my money I'm willing to invest I invested BFL singles last month before I learned about KNCminer. Too bad they'll probably be as useful as fancy paperweights when I get them in a few months. Anyways, I'm willing offer 5-10% interest for the entirety of $7000. I know that you may not be too thrilled to lend a stranger $7000, so I'm willing to do a loan of $4000 at 6% for a KNCminer Saturn that has half of the power, 200 GH/s.

I cannot stress how careful anybody foolish enough to consider this is.

This account is barely a month old.


"Limited access" to your account?
If you were somehow lucky enough to get this loan, full access to your account should be granted and you should never even see the Bitcoins yourself, they should just be sent from the lender to pay for the gear, not that it makes anything more safe.


Ohhh bitcoin.

On my BTCjam account, my identity is verified so if I'm a scammer, they know who I am.

All of which will amount to nothing in the end.


You're just asking for too much and you have nothing to back it up.

It'd probably be best for the lender to place the order with KnC himself and have it shipped to the lenders address. At that point the lender can begin mining and when he has acquired enough coins to cover the initial cost + interest, then he can re-ship it to tacoman71. 

Why lender wouldn't like to keep it himself if he's paying 100% money lol.

If he does, he'd be considered a scammer, but the only thing at stake is his rep and a broken promise. If the lender allows the order to be placed in the borrowers name, not only is rep at stake, but the $6.8k unit as well.

No I mean why he will even give loan, He can easily buy it for himself and earn money and keep miner too.

you do realise its gonna take one heck of a long time to break even on a new asic miner now..... safe to say people aint gonna buy who one when you arent putting anything towards it. why not just buy it for themselves?

The others are right Tomatocage, there is no point for a lender to buy a KnC miner for someone else and then only get the mined coins as repayment... It would mean the borrower gets a free miner after a couple of months with no risk at all...

A solution would be if a lender buys the miner directly from knC (maybe partly financed by the borrower, like 20%), as soon as the miner arrives the lender is allowed to mine with it, all mined coins belong to the lender, as soon as the borrower pays the money plus the interest, the miner gets shipped to the borrower. But no borrower wants to make such a deal, then he would have to invest some of his own money and wouldnt get a free miner :)

Why? He stole nothing from the person he promised it to. He fully bought it himself and made a promise to eventually send it for free to some random guy. So he would break a promise but since said guy did not give anything in return nothing of value was lost to him.

Also: Don't even make the promise. If these things ship and you have enough money to burn, just buy it and keep it yourself without making any promises.

If you make a deal as a lender  with a borrower and break it afterwards then you are a scammer, no matter if the other party constibuted anything or not as long as you accepted the deal and the other party "fullfilled" his part... its as simple as breaking a contract...

I will send you 21 million BTC in 1 second.

You feel scammed now?

That's what I just said.

Exactly. There is no point in filling this loan at all.

ROFL! You ordered BFL singles LAST MONTH, and now we are supposed to respect your business sense enough to loan you 7 grand?

I love this forum. It's WAY more entertaining than going to the movies!  hahahaha

Seems legit  ;D

1 second past long ago so yes, i feel scammed now!