Bitcoin Forum

Hi,
I've got some BTC that I'm prepared to loan out.
I will not lend out more than 0.1 BTC at a time to any one user.
Every loan amount must be repaid with a .5 addition to the initial loan.
Say 0.01 was borrowed. I expect 0.015 back. Say 0.2 was borrowed, I expect 0.25 back. You get the drift...
So if someone borrows 0.1 BTC, the repayment must be 0.15 BTC
I add .5 of the next decimal to their order.
0.1BTC=0.15BTC 0.01BTC=0.015BTC 0.001BTC=0.0015BTC
The user must be a trusted member on the forum, and provide a collateral of some sort. (Preferably LTC)

If you're interested and fit the criteria, please post below and I'm sure we can arrange something.

:)

Why would anyone lone btc if they enough LTC.
They can just buy BTC with LTC on websites like BTC-E.com, and save thereselves from paying 0.05 interest.

Because perhaps they don't want to spend their LTC?
The LTC is only a collateral should the user not be able to repay the loan.
If a user needs the BTC desperately and knows that he/she can pay it back then there's no reason why they should sell their LTC for BTC only to later use the BTC and buy back the LTC.

Yes, you are right.
Instead of turning my ltc ot btc ill just pay 50 usd interest.

I think ill just LTC->BTC, BTC->LTC and buy 2.5 LTC instead instead of pay you interest

Why would anybody take a loan out against their house when they could just sell their house?

Quote from the discoverer of the golden egg.
@OP, you said they must return a 0.5 BTC extra.
Also, perhaps specify the interest in percentage.  Someone in need of a 0.01 BTC loan is not going to pay 600% of the initial loan.

Great comparison. Thanks. Sometimes its just too difficult to explain these things.
:)

I admit I wasn't clear enough.
I've now edited the main post.

Thanks

I would like this loan can pay in 24 hours,  I have loaned and took loans from people on the bitcointalk community.  I can offer access to my xbox 60 account with many games purchased.  Thats my collateral

Your comparment is like comparing apples with pears, it is so retarted that I will not discuss with you anymore. Muted

lol you asked a question, he answered with a question that any normal human being would have then taken that question to answer their own question.

Comparing apples with pears?  How is that retarded?

Hi,
Sounds promising.
Can you please elaborate on what your account has to offer?

Thanks

Im hearing monbux is a scammer. i wouldnt loan to him.

on y xbox 360 account i have fable, deadisland riptide, supreme commander, dragon ball Z tenkachi.  Call of duty ghosts, Dead rising 2.  Walking dead by taletell games. 

LOL Jbad

Doesn't really seem worth much as a collateral.
The collateral should be worth more than the loan. You could easily say your account was hacked.
Do you have any LTC/PPC?

no but I have a loan that will be paid back to me by next week I hope.  The loan is not really important.  I have loan to two people on this forum and they can vouch for me.  Also known in the primedice community. 

Those games cost me  about 200 in total.   

can take a loan of 0.003 dont have to be a big loan.

Hello

I would apply for a loan 0f 0.08.
Payment in up to 7 days.

thanks

So, 0.08 BTC loan.
Repayment of 0.13 BTC on 2nd Jan 2014.
What collateral can you offer?

According to your rules it not should be a Repayment of 0.085 BTC on 2nd Jan 2014?

thanks

No, I've edited the first post to make it clear.