Bitcoin Forum

Economy => Lending => Topic started by: hjdask on November 29, 2013, 09:04:42 AM



Title: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on November 29, 2013, 09:04:42 AM
Hello i am looking for not more than 6 BTC loan for a period of 40 days at 15% interest rate . The terms can be negotiated.

I am new to this forum but i have been around for a while in Bitcoins . Willing to provide any sorts of id proof and as to what the funds are going to be used for .

If you are skeptical about handing over the money to us , you could also opt to make the required payments with those funds yourself and can be assured that we aren't using those funds to gamble or perform any sorts of illicit activities


Please do let me know if anyone interested . Can either leave me a message here or can also contact me through skype: danny.austin7

Thank you
Regards


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Tomatocage on November 29, 2013, 02:59:05 PM
I can fill this loan for 205 LTC collateral.PM me for deposit address.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on November 29, 2013, 07:26:51 PM
Thank you for the offer but i wouldnt be needing the loan if i had 205ltc (205x40=8200$) .

We only require the funds for marketing and intense promotion so we arent looking to gamble or lose away the funds and the website such that we are expecting to break-even in less than a month and then we would be repaying the loan .


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: KWH on November 29, 2013, 07:42:07 PM
Thank you for the offer but i wouldnt be needing the loan if i had 205ltc (205x40=8200$) .

We only require the funds for marketing and intense promotion so we arent looking to gamble or lose away the funds and the website such that we are expecting to break-even in less than a month and then we would be repaying the loan .


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Without collateral, this request won't be filled unless someone wants to gamble.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Kouye on November 29, 2013, 08:07:27 PM
Unless you hjdask puts up a solid crypto-currency (such as LTC, XPM, PPC) as collateral, don't accept anything worth less than at least $50k.
If you don't, with current BTC rate growth, you will have a bad surprise when he defaults in 40 days.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Vod on November 29, 2013, 08:10:11 PM
Thank you for the offer but i wouldnt be needing the loan if i had 205ltc (205x40=8200$) .

We only require the funds for marketing and intense promotion so we arent looking to gamble or lose away the funds and the website such that we are expecting to break-even in less than a month and then we would be repaying the loan .


Lose away the funds?

Should of paid more attention in school kid.   :-\


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Tomatocage on November 29, 2013, 08:15:19 PM
Thank you for the offer but i wouldnt be needing the loan if i had 205ltc (205x40=8200$) .

We only require the funds for marketing and intense promotion so we arent looking to gamble or lose away the funds and the website such that we are expecting to break-even in less than a month and then we would be repaying the loan .


No problem. Let me know if you change your mind.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Martijnvdc on November 29, 2013, 08:17:14 PM
bitcointalk has become quite bitter... jeesh

OP, it's not possible for you to find a loan of this size if you don't offer collateral, i'm afraid. There are enormous risks tied to this...
You have no trust on this forum, 6 BTC is a lot and 40 days is a long time (especially in the bitcoin world)


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: monbux on November 29, 2013, 10:45:20 PM
bitcointalk has become quite bitter... jeesh

OP, it's not possible for you to find a loan of this size if you don't offer collateral, i'm afraid. There are enormous risks tied to this...
You have no trust on this forum, 6 BTC is a lot and 40 days is a long time (especially in the bitcoin world)

Well, perhaps we have joey to blame for that, and all the other people who didn't try at all who got big bitcoin loans.
The internet is paranoid, sorry man.
Really, this loan will not happen unless you provide a collateral.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Light on November 30, 2013, 05:09:50 AM
The internet is paranoid, sorry man.

And we have every right to be considering that half this forum is either spam/troll posts/scams. I don't know about everyone else, but I don't particularly get much pleasure out of being scammed hence my "no-trust" motto. Anyway, as has been stated without some kind of collateral it's rather hard to loan you considering your lack of reputation, lack of transparency as to what exactly your doing and a rather long loan period of 40 days.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Tomatocage on November 30, 2013, 05:39:48 AM
I can still do a car title loan type of deal. Except instead of your car title, I require Litecoins. Just let me know :)


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on November 30, 2013, 02:06:47 PM
Thank you all for sharing your views , i knew that its not easy to get a loan of 10-1 btc size let alone 6 btc but i hoped for someone to be a little more interested in the project so that they can see the potential . I know its not easy to trust random strangers with money but i thought there are few really rich people in BTC and after learning more about this project they wouldn't mind sparing few coins for it .

Anyways thank you again for giving it time
Regards


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: smracer on November 30, 2013, 03:36:03 PM
There are a couple of people with 10+ alts in the lenders forum.  They are all scammers.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on November 30, 2013, 04:46:57 PM
The internet is paranoid, sorry man.

And we have every right to be considering that half this forum is either spam/troll posts/scams. I don't know about everyone else, but I don't particularly get much pleasure out of being scammed hence my "no-trust" motto. Anyway, as has been stated without some kind of collateral it's rather hard to loan you considering your lack of reputation, lack of transparency as to what exactly your doing and a rather long loan period of 40 days.

I've mentioned that i will try my best to maintain the highest level of transparency .
It has already been stated that we wouldn't even require you to send us the bitcoins , if you are willing to directly perform the transactions and as for the collateral i dont really have much .

The period of 40 days gives us more than enough time to pay the lender back as we are expecting to break-even in less than 30 days and the 10 day extra is just a safeguard in case if we fall short we will have those 10 days to make up for it .


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Tomatocage on November 30, 2013, 05:03:05 PM
It's probably easier to get a loan from your bank. The rates are much cheaper, and you'll start with fiat to begin with. Not sure why Bitcoin would even play a role in something like this.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: viridisk on December 01, 2013, 01:18:31 AM
If you took a 5 BTC loan today it would be about $6000. In 40 days, at current growing rates, that could easily be worth ~$20.000.

Why would you take a risk and get in a loan you couldn't possibly repay without taking big financial hit? It's safer to take a loan in fiat.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on December 01, 2013, 06:14:37 PM
We will be earning from the website in terms of BTC and therefore the fiat value isnt of any concern to us


But anyways i would like to close this thread as we've been approached by an investor and we received the funds required . Thank you all for taking the time and especially for not accusing me of being a "scammer" which is pretty common in all the forums these days


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Kouye on December 01, 2013, 06:22:58 PM
The Secret Investor strikes back. Congrats. ;D


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on December 01, 2013, 06:44:04 PM
Thank you ^^

Well i posted such a thread in various other forums as well and luckily it caught someones attention and he decided to invest


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: Kouye on December 01, 2013, 07:18:26 PM
Thank you ^^

Well i posted such a thread in various other forums as well and luckily it caught someones attention and he decided to invest

Sure.
Maybe if you hadn't mentionned various other forums, you'd have made it through.
I'll just tell my friends to avoid trading with you, no offense.  ;D


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: gweedo on December 01, 2013, 07:31:54 PM
You have yet to post what type of venture. So I really doubt a secret investor wanted to invest in you just thru what you have posted LMAO. I am an investor and that isn't how it happens, and it doesn't happen in 2 days I assure you that.


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on December 02, 2013, 04:09:08 AM
LOL its not that he decided to invest in 2 days . I have been behind him for 2 weeks now , we have been skyping too often discussing all the aspects and what are the ways we can safeguard his funds . Its not like the project is completely funded by the investor , he is just a small part of the project (marketing).

I used to be a forex/binary options trader working on commissions , i know what an "investor" is .


Title: Re: Need a 5-6 BTC loan for a period of 40 days
Post by: hjdask on December 02, 2013, 04:16:02 AM
Thank you ^^

Well i posted such a thread in various other forums as well and luckily it caught someones attention and he decided to invest

Sure.
Maybe if you hadn't mentionned various other forums, you'd have made it through.
I'll just tell my friends to avoid trading with you, no offense.  ;D
Its okay , i really dont care what you have to say . I have come across thousands like you who think they rule the internet because they dint have a life outside and spent most of time "socializing"  on the internet .