Bitcoin Forum

Loan amount needed: $500 (USD)
Loan term: 3-6 months (although I will probably return it much earlier)
Interest: 1% of the loan amount, plus a 20 minute cam session with me and my fwb (worth $60), also my love and respect
Collateral: $700 in BTC

Due to the reversible nature of my request, I will only be accepting very trusted members for this loan - or, we can use a very trusted escrow (you will shoulder the fees). Thank you.

But 1% of $500 is only $5. Is this the total interest you are offering for 3 to 6 months? It's a bit low, agree? The cam session, love and respect are not that in demand here. Lenders are more into the monetary returns for the coins they lend.

1% per week might sound more reasonable. Compounding it might even make it more attractive lol  ;)

It's definitely low interest, monetarily. That's why I'm hoping the lender may be interested in my camming services, which I assure you, are worth far more than 1% compounded interest :')

Lmao, this is the first I've seen someone offering a cam show as interest.

On topic, I can fill this loan under the following conditions;

1. Interest with be 1% per month
2. If bitcoin drops to under 105% of loan amount in value, then I can sell it to recoup my money.
3. You can sell your cam show to somebody else.

These terms would've worked for me, but you're unfortunately not trusted enough. If you can arrange for escrow with a trusted member, then I'm game

Escrow fee and the two transactions fees required to get the money to and from escrow make it not worth it for me.

Good luck with your endeavour.

What do you think about this escrow service? https://bitcointalk.org/index.php?topic=2724325.msg27877712#msg27877712

I don't mind paying the fee for him. Provided you could increase the loaned amount to $600

Would you also be increasing the amount of collateral?

Yeah, $800 BTC

I will consider it, and get back to you.

Actually probably Joey (or one of his reincarnations) was the first back in 2013. Some old-timers might remember him :).

joey and anita hahahahhahahaha

Hi Joey!! you fat sob hahaha

Gawd the chat on swc in like 2013 were some of the best times ever

PayPal and escrow don’t mix. PayPal funds can be reversed weeks after the escrow is released. It is a false sense of security.

very interesting...

https://bitcointalk.org/index.php?topic=261496.0

@OP can you sign with address who have BTC worth $700 usd?

Address: 1LN8dQCxdLKwCHKrPvUsdHjVPknhfqfSvJ
Message: Belongs to alia_armelle
Signature: IAlMcrQvxdGhac/VLQbcLHYNSLbTrSUakZQxTUCbP+JIQTQiWTrrh93ca+qDi+WKBiDDCheQo/GwJeYwpMOAB9g=

Message verified, if you haven't find someone to help you with this contact me, if the escrow is trusted one I can help.

I intend to use https://bitcointalk.org/index.php?topic=2724325.msg27877712#msg27877712

Please add me on Skype (live:aliaarmelle) and let's discuss this further. Also inviting zazarb to communicate with me as that will negate the use of a escrow.

Wouldnt it be best just to cash the btc out, use what you need it for, then buy it back? Its somewhat hard to believe this is a real request with 3-6 months (even though you said you would probably may earlier) for something so small. On top of that, youre still needing a loan but yet started your own lending service? It almost feels like youre trying to build trust very quickly. Its hard to say for sure because ive seen this happen plenty of times with other users, but good luck.

I require PayPal funds, but I am not willing to sell my BTC (because when I buy it back, it could be double the price). My lending service is in BTC. Hope that answers your questions.

Sorry but you still didn't answer. How you open a lending service Thread and at the same time you are still asking for a Loan?
Also you offer Loans with limit the 700$ that you say that you have or the amount of your Lending service it's more?

I can give high-value loans (up to 10 BTC per customer), because all of my money is currently in BTC as of now. I would like to have some PayPal funds without selling my BTC, thus I'm taking out a loan: it allows me to have dollars without actually needing to sell my BTC for dollars. Does that make sense to you?

Such large loans. Webcam business must be raking it in.

No, it doesn't. Because even if you use this trick and spend in $ others money, while you keep intact your BTC, you will need to repay them.
So eventually you will sell some of your BTC like you can do now.

Besides that, as you say, you have at least 10BTC for each accepted "customer". With minimum two customers you need to have 20BTC.
Selling ~0.1BTC from them and spend them is so hurtful for your 20BTC portfolio?
You can't re-buy them back and you need 3-6 months to repay 700$?! :D


It seems that it's the opposite of "raking it in" for this version of webcam business...

Exactly, if i had BTC20 I wouldnt be showing no my ass to strangers on camera  ;D

I do have a day job... it's not like in 3-6 months I won't be making any dollars to repay the loan, lol. And yes, I don't want to sell my BTC. Is that a problem for you?

Le bump, still need this

I'd be interested in filling this loan if:

- You are able to offer a higher interest rate than 1%
- You are able to accept bitcoin as payment, we can lock the BTC value in USD or any major global fiat currencies. When you receive the BTC you can do whatever you want with it, I don't mind if you sell it for paypal(you may actually get above spot for the BTC in paypal)
- You are able to pay for the transaction fee on both sides.
- I am able to liquidate the collateral when it falls below 105% of collateral.

Let me know about it. Right now though, 1% is completely not worth my while. And I'm not that interested in your camming services unfortunately.

I am looking for a PayPal loan, unfortunately, not a BTC loan.

I might fill this but would need 15% interest for 3 months and 30% interest for 6 months. Don't care about any cam service that seems worthless. Also loan and interest would be repaid out of the collateral not with a return PayPal payment since that can be scammed.

Denied, interest is too high

Still here with my offer, not using escrow as I would not be able to liquidate the collateral if it drops below 105%.

Happy to go with a smaller amount if you don't trust me, we can keep the same ratio of collateral. We can also do it in segments if you're fine with the fees. Baring in mind I'm currently lending $700 to somebody else, and I'm a brand manager for Primedice, it would be illogical for me to steal your money.

Edit: Interest increased to 2%/month

How much for the camshow ?  ::)