Bitcoin Forum

I am requesting a .6BTC loan for 45 days to purchase more GPUs, repayment to be 0.66BTC. I have recently found a possible good deal on a pair of 6970s. Repayment will come from my 4 GPUs that I already have, two 6970s, and two 6950s, plus the two 6970s that I wish to buy soon. I also do some work for cash in the real world, and I have some computer hardware I can sell if needed.

I have done several successful loans in the past:

https://bitcointalk.org/index.php?topic=417883.0
https://bitcointalk.org/index.php?topic=379304.0
https://bitcointalk.org/index.php?topic=432683.0

I also have a fair bit of trust from several dealings here.

EDIT: Changed interest rate.

KWH and I worked out a loan for .25BTC, with .28BTC to be repaid in sixteen or less days.

Loan Repaid.

Hi!
Can you offer:
- 120% of the value in LTC as collateral
- 11% interest rate
- escrow service should be accepted (fee is included)

PM if you are interested

I don't have LTC for collateral, otherwise I would just use it to buy the GPUs. I do have a Steam account that I may be able to escrow soon, if necessary, though I would rather not. I am also unable to do 11% interest if you demand collateral, as that is worth much more than the risk you are taking if you have collateral, 7.5% is already on the high side. If we do collateral of some sort escrow is accepted of course, and is almost a must. I can also work out something with leaving ID with an escrow if you want, I'm rather flexible.

Hi!
- Collateral is something you can easily and very fast resell. So it's not the case of a Steam account nor an ID.
- 11% is less than the percentage that BTC/USD rate can vary (up/down) in just 1 day. Simply have a look in the timeframe of 45 days ago from today and you understand how much could be risky.

Have a nice evening, CC.

You can sell a Steam account rather easily, it is done quite often. Anyways, I am not getting a USD loan, and I am not repaying in USD, so the BTC/USD price does not matter.

You too.

Anyone? This went below the scroll line in a hurry...

45 days is a while....

I could go shorter, but I like to err on the side of caution in case something comes up, it gives me time to fix any problems that might come up.

I usually loan for a maximum of 2 weeks or otherwise the interest is not worth it and I could do something more useful with that btc.

Ahh. I am thinking of changing the loan for one GPU, and consolidating a couple of old alt coin holdings into BTC, and lowering the length and amount. Seems not to be a lot of interest in lending right now. Hypothetically, does a .25 BTC loan with %10 interest for 16 days sound more reasonable?

Personally for 0.25 I would want 0.29 paid back in 16 days.

If you could meet me at half way, at 0.282 to be repaid in 16 days, then I would take it.

How about 0.25, 14 days maximum, repayment 0.28.

I will think about it no promises.

KWH and I worked out a collateral-less loan for .25BTC, with .28BTC to be repaid in sixteen or less days.


Thank you everyone for your interest, and special thanks to KWH for filling the loan.

I will have KWH confirm when he gets back.

Confirmed. Transaction ID: 9be8a7b8f81d614a0233629206309c26ec7545e9830f97d67ad274d6e149a129

Thank you very much. Repayment to be by or on April 4th, 2014.

Everything going alright? Loan is past due. If you need an extension, contact me.

Time's up i believe!

Sorry, fell asleep last night while waiting for a withdrawl from cryptsy. It's processed now, so I will be sending it over. Sorry about that.



EDIT: Payment sent: http://puu.sh/7Yu2t.png
71d7619573362ee71f672a569741f99965aee5098c952bb94d8cced662004b75

I sent an extra .002 because it is a day late.

Confirmed. Not a problem, was going to give you extra time if needed. Thanks for the extra.

Thanks, and no problem, I was overdue by a day, so i paid up for it. Thanks for being considerate though.