Bitcoin Forum

Economy => Lending => Topic started by: DarkArmy on December 16, 2017, 12:03:14 PM



Title: $14 loan
Post by: DarkArmy on December 16, 2017, 12:03:14 PM
Yo I'm in need of $2 real quick. I'll pay you back in a week once I get paid (should be less than a week but just giving a decent range of time.)

I can easily cover this myself but the stupid website I want to buy from only accepts BTC and it's a huge hassle buying $2 worth of bitcoin (I don't want to end up paying $20 AUD to get something worth $2.)

In return for the btc I can return $2.50-3.00 worth within the time range specified.

Cheers!






Need a $14 loan, I can return $18 within two weeks. Would buy it my self but like before, too much of a hassle to change AUD into BTC.

Cheers


Title: Re: $2 loan
Post by: UpsilonTrooper on December 16, 2017, 12:43:05 PM
Yo I'm in need of $2 real quick. I'll pay you back in a week once I get paid (should be less than a week but just giving a decent range of time.)

I can easily cover this myself but the stupid website I want to buy from only accepts BTC and it's a huge hassle buying $2 worth of bitcoin (I don't want to end up paying $20 AUD to get something worth $2.)

In return for the btc I can return $2.50-3.00 worth within the time range specified.

Cheers!

A couple of things though

  • Whats the collateral?
  • Who pays the fees? Sending 2$ would cost atleast like 10$ in fees

Also not to mention where will you get the BTC to return it? Since you'll still have to buy BTC


Title: Re: $2 loan
Post by: TraderMJK on December 16, 2017, 04:17:06 PM
This is laughable, however, I think you'll still get smacked with $20 in fees after trying to do it this way.

You'll make more selling a pint of blood for $5...you'll get whatever it is you need to buy...have $3 extra....and you could save a life.  :D


Title: Re: $2 loan
Post by: Yalanx on December 16, 2017, 09:54:44 PM
Would you accept PayPal instead?


Title: Re: $2 loan
Post by: LORD money on December 17, 2017, 01:22:36 PM
Would you accept PayPal instead?

he wrote the site he wants to buy from accepts only btc


Title: Re: $14 loan
Post by: DarkArmy on January 15, 2018, 05:10:42 AM
Edited the thread, updated the details..


Cheers


Title: Re: $14 loan
Post by: ThatRandom8543 on January 16, 2018, 02:51:12 AM
Edited the thread, updated the details..


Cheers

You dont get it do you? You need collateral. Read https://bitcointalk.org/index.php?topic=577765.0 and either provide valid collateral or lock this thread. On top of that, the fees cost more than the loan.


Title: Re: $14 loan
Post by: DarkArmy on January 16, 2018, 07:28:50 AM
Edited the thread, updated the details..


Cheers

You dont get it do you? You need collateral. Read https://bitcointalk.org/index.php?topic=577765.0 and either provide valid collateral or lock this thread. On top of that, the fees cost more than the loan.

I get it but a non-collateral loan isn't unheard of so it's worth a shot trying here. I don't know much about the fee situation as I haven't done any Bitcoin transactions within a couple of months. Only reason I needed the loan was because of how much of an effort is required to change a couple of dollars into bitcoin.

Shame how the higher the price goes the lower the usability becomes. Anyway I won't lose sleep if I don't get this loan, it's just something I put up at the time,


---


Ended up spending my savings into BTC all at once. No longer need this.


Title: Re: $14 loan
Post by: Starlightbreaker on January 16, 2018, 12:52:15 PM
Ended up spending my savings into BTC all at once. No longer need this.

If you don't longer need it,then lock your thread. You will see the "lock" tab in the downleft corner. Bye!