Bitcoin Forum

Hello,

I am requesting a loan for 0.1BTC to complete the purchase of a PCI-E riser cable to extend my current mining rig. I cannot seem to find these cables for sale for USD and I just cashed out my BTC last week so I'm running a bit short. I've purchased the funds through Coinbase but unfortunately I've only ever sold coins through them and do not have the required trust to receive them instantly. Your help is appreciated and I will gladly tip 0.02 BTC upon repayment for your trouble.

I will be capable of repayment in less than 3 days (probably 1-2 days - just need to mine it).

1APH3f5BeeHxX1pGdng5AjBRemmaVt3U4m for interested parties.

I can lend it.  What's your collateral?

Sorry I'm not really familiar with how exactly this works. What sort of collateral would accommodate?

Check the sticky...

The long and short is that you provide something very liquid - that I could sell if you default to cover the BTC I lend you.

I'm afraid that I do not currently have anything that I would trust using as collateral for a ~$10 loan (unless a screenshot of a pending Coinbase purchase is suitable). However, thank you for your consideration and I will consider this a learning experience. Next time I request a loan (if ever) I will be prepared with collateral that is roughly equivalent in value.

On second thought I do have some codes for free downloadable PC games. I would just straight up give you one honestly as I get them as part of custom workstation builds for my firm. From there you could sell it or play it if so inclined.

I currently have codes to download Splinter Cell: Blacklist and Metro: Last Light that I received from Nvidia GPU purchases through Newegg.

Personally I don't accept collateral that is roughly equivalent in value.  It makes it more likely the borrower will simply default and lose the collateral.

I recommend anyone accepting collateral to have it valued at 150% of the loan at least.  This makes it a lot less likely that the borrower will want to lose it.

So you're working, getting weekly/monthly paychecks.
You just bought a new card and realized you don't have a free slot to plug it in.
And you need a 10$ loan to buy a http://www.ebay.com/bhp/pcie-riser-cable ?

That's a nice story, which I will classify as fiction, if you don't mind. :)

OP check out billmelater (an eBay/PayPal Service) too

Sigh, if only my paychecks came in bitcoins :P

Seriously though, I considered this a longshot at best. I'll mine the coins in 2 days so not a huge deal really. And just so you know the riser cable you linked isn't powered so, as per the advice of a knowledgeable individual, I did not purchase it in order to reduce the strain on my MB. But no matter, a simple no I won't loan it to you would suffice and be perfectly accepted.

May I know what is your rig that can hit 0.10 Btc in 2 days?

I've had a BML account for some years. I've heard bad things about them but I've never had any problems. But yeah if there's somewhere to use paypal reliably/within a few hours to purchase bitcoins then that information would actually be even more helpful to me then a loan. I realize you guys think I'm trying to scam at this point but I'm really just a hard working guy in need of a very small amount of bitcoin to get a part here by Friday.

Just scroll down, there are powered ones, this is a list.  ;)

I mine LTC and convert to BTC. I have one machine that's running 2 7970's (this is the one I want to add my third to but it overheats bc it's too close to the bottom card). I'm currently running the third 7970 in my primary machine but the issue is that anytime my wife tries to watch youtube it crashes the driver and mining stops. We work different schedules so I don't find out about the failure until the morning when i've missed 5-6 hours of mining. I also have another machine that's running a 7850 but it's an old Dell and only has a single pci-e port. Combined I'm pulling 2.45KH/s scrypt mining. Which in turn generates roughly .1BTC per day.

The best part is that since I put my rig at my office behind my desk I don't have to pay for the power :P

Do you have any Amazon Certificates? Just for collateral?

I have an extra one I'll sell ya for USD. $10 shipped via PayPal or Dwolla. I ended up getting one more than I needed last time I ordered. It is NOT the powered kind but its the same one I use for mining with my 5830, 5850, 6570, 7770, 7950, and 7970 cards soooo. Lemme know :D

I see it there now, my mistake. Horrific shipping times though :(


At this point I've missed the cutoff to get it here by Friday without paying for overnight shipping so it's all good. I'll just mine it up and order then. Thanks everyone for the consideration and, more importantly, advice and wisdom on how to proceed with future dealings in the lending department. I see now that requesting a loan was not the correct path to take in this scenario.


I'll just wait it out, thanks :)

All good. I tried :D