Bitcoin Forum

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1CZs6Q8Rcdrzikzn5jfXWTPMiScDj2Do8R        reginald.hardy1@gmail.com

Nice! How would you deal with the risk?

Nice, thank you.

agreed.  please send me your receiving address for the repayment. reg

thank you. 2 BTC received  08:46 GMT 9/12/2011  repayment date 17/12/2011. reg

can i get the free 0.1 btc please :D

1Q81yASPzonSvdo4fXP7ntap7BdqH5DUei here is my address

Thanks and i have 1.6 btc in my insta wallet  ;D i finaly got that stuff out my normal wallet

What is in it for you by offering free "loans" ? Also how do you enforce loans?

Are you still doing this?

1NaycqJduv2ENLVseBCfTWwSyY7t7SVJYy

Thanks!

cool idea
16zdfcGuZ7RzVbE1sayWuj6SNQm2TQDYKd
thanks

just the 0.1btc thanks

1 MILLION bitcoins..

And a "laser".....


Correction, 1 BILLION btc... :D

Great that you're doing this, good to see that not everyone is completely paranoid when it comes to bitcoins. A majority of the users I've talked with are extremely miserly with their bitfunds, and ridiculously suspicious. I specifically remember having to go through a one hour interview just to get my first bitcoin, and being overcharged at that.

No thanks, I've got bitcoins- just waiting to be whitelisted :(

2 BTC loan repaid 18:00 GMT 16/12/2011. thanks ( can you update the chart on the forum) kind regards reg.

hi just answered my own question about gblse clicked on the wrong link at first. generally having navigation problems. I opened an acount and generated a new key. Ive copied the account key to my e-mail is that ok to log in? can i loan 2 BTC to buy shares in Gblse and am I right in thinking these will be dividend paying shares? . reg

thanks for info. can I loan 2BTC please. when I said I copied the key -I only copied the user id ! the private key was a massive block and I have logged out now! as I am fairly new how do I step by step download the needed info to a usb (I have one connected). regards reg.

hi thanks for the new loan. Ive ben reading the forum and its generally advised to use a different address for each transaction because you can label them seperately and keep track so please use this receiving address: 15Yp86Rc6sVFRNTTfNVDxE1Tbz9JNAiqcx   : Also thanks for the info about keys- I have not lost the log in data I have my password and user id. so when I receive the BTC I will log in transfer BTC and purchace shares. I should be able then to access my private key and save that and my user ID to the usb (I hope) I will let you know . reg.

Hello my address is 1KjAnwujtqXiZP16MU1gELDeNCJBVPusD1 I was looking into playing poker to earn bitcoins but I need some to get started I can pay back in 6 days because that's when I get paid and was going to spend a large amount of it on bitcoins i appreciate what your doing for the world of bitcoin I will be getting close to 30 bitcoins so any amount under that would be wonderful

Cheaper in bitcoins seems to be down ??

hi, repaid early 2 BTC loan today (in case I forget over xmas) kind regards reg.

thanks loan repaid

2BTC is practically useless. What benefit will it give you. A good mining rig costs a few hundred BTC

Yes, but the point of a loan is to be able to make money off of it.

hi, as a previous user but not now newbie I found the loan usefull to cover a short term requirement instead of waiting for funds to clear. Can I still use the facility? if so I would like to loan 2 BTC for 8 days, regards reg.

This is awesome, thanks for providing the service.  But people should really be using Bitcoins autonomously as a replacement for fiats, even if it means waiting.  That just pressures the markets to make Bitcoins all the more easier to use.

Thanks, waiting for pm. reg

http://iwantfreebitcoins.com/5603

reg --> 2 BTC loan sent to http://blockexplorer.com/address/1AgdaSUbrrHr1vebrcZcrHEjVyLwfeQnXo payback 12/1/2012

thanks

A general enquiry. I have used the facility offered because it was usefull to me. However if the advertisement simply stated ; 0% interest free loans.  Is there such a thing and if so what would be its basis?. Admittedly as restated here by me it sits oddly in a capitalist system and even in BTC completely free transfers are at the bottom of the list (0.0005) seems to be the acceptable minimumn to get the deal done!. I am generally curious as I appear to be the only one  (so far) please correct me if I am wrong, to use this offer?.  reg.

                                           http://iwantfreebitcoins.com/5603

hi,  Perhaps I should be more specific. Does IBB offer as standard 0% interest free loans. Or is the offer currently only available to newbies, which I think is termed a loss leader. Of what limit, duration, or security is required, should such a facility be available?.  I know from recent experience that the cost of a BTC went from about 3.6 to 4,2 GBP in the last week of my current loan so there is built in increase in value there but traditional banks add interest to that as well as leveraging deposits to generate revenue of their own.  I was just interested to find out how an alternative approach would work/. regards reg

1. yes, IBB offers 0% interest free loans to everyone , whether newbie or not. (maximum amount offered to newbies is 2 BTC only)

2. if not a newbie, you can get any amount, usually upto 10 BTC. (sometimes we offer more depending on the request/risks and/or BTC price)

3. whether BTC goes up or down, you pay back the same amount of BTC you took as loan.

thanks for that explanation- it sems more like a gentlemans agreement or family arrangement!  the amount duration and decision to loan are individually asessed. But how is this applied in an essentially annonymous system where almost everyone has a pseudonym? I could apply for any amount of loans and keep defaulting- how do you differentiate between different annonymous users? reg

I know im pretty new but wanted to know if i can get a 1 btc loan, will pay back in 2 days. Waiting for a payment from a friend.
I am making a bitcoin accepting site, but more details on that on another topic, anyway it would help me alot - Let me know i you can.

P.S i know you need 20 posts for a loan but since its only 1 btc i wasnt sure if i still needed 20 posts?

hmm, I can offer you 0.68 BTC, please post your address

thank you

Thank you, My bitcoin address is:
1DLsvDf4GxtNfosQYS5HMmKXGqEP5vJB9g

Got it - thanks so much!

13B7e1kX2jfnNRefjbBTue7diZHwJuFakh
2 BTC repaid as per agreement. kind regards . reg.

Hi I just wanted to say that this is a great idea, and I would never have thought that it would work!

Congratulations senbonzakura!

thanks for your support and encouragement.  ;D

1Psm4dgeeneTYEZgxob2n7DxpNEvrKR9zL

We love IBB bank ;)  keep up the great work Sen!  ;D

thanks bitstarter ! :)

@ crosby

check the rules in post #1

Yes, i was hoping you might overlook my number of post sinces it was pretty close to 20.  Some people have the gift of gab, other dont..

thank you

not just post number but also been registered for 4 weeks. so you have to wait a bit more.

Oh yes, I did sign up for the forums a little late. Im more of a lurker ;)

Hi there,
i would love a 2BTC loan over 8 Days.
14YL77PNAaaDiZTxu6By14vrK1SAvWM4d2

thank you!

Edit: Oh crap. Just noticed that i have to be registered for 4 weeks...
i just registered yesterday.. was lurking around here for some days >_<

yes , also minimum 30 posts, but even then its no guarantee that you will get the loan. ( if i suspect scam/being non-active on forum/low posts etc... )

okay... thanks anyway.

• 1.00 BTC  Available
  
  1.00 BTC  Available
  
  1.00 BTC  Available
  

Minimum 40 posts & have been registered for at least 3 weeks before applying for a loan.

Im looking for a loan.

ok, 1 BTC for 7 days ?

Yes, please. Thank you.

1Psm4dgeeneTYEZgxob2n7DxpNEvrKR9zL

1 BTC sent , transaction id = 79983b73da16629baf2304597f0c69e3679a8a2a935309535ee9125b43243e26

pay back 10/3/12 (repayment address will be given to you on 10/3/12)

thank you

Received

Thank you

Looking for a 2 BTC loan

1 BTC loan available for 1 week, please post your address

thank you

Alright, 1NXF1vmEediigwvV2WTyUsKxnKEo1oaLE3  Thanks

this still going on ? LT15iEQ4bg5e9oB3oFdPQj8UuimFHWyhrM
.1?

1 BTC sent , transaction id = cfd0b40302567b9a21ad4d22ad472cff87d4e6ee81482be8f5bb7c261787dff8

payback 11/3/12 (repayment address given on 11th march)

http://www.ib-bitcoin.com/ban3.gif

Received, thanks.

good luck :)

jakel-s loan repaid  :)

thank you

crosby loan repaid :)

thank you

this is such a great idea!

Could I have an interest free dollar, or other currency, loan in bitcoins that I will pay you back in bitcoins

So in other words, if a bitcoin is 5 dollars today, and 0.5 dollars when I pay you back, I would pay you 10 bitcoins. But if a bitcoin was 50 dollars when I pay you back, I would pay you 0.1 bitcoins?

Also, how are you an islamic bank?

thank you !  :D

1. If you take 1 BTC , then you repay 1 BTC (regardless of dollar value)

2. rules are 40 posts + 3 weeks registered

3. IBB is shariah compliant Bitcoin Bank, we offer loans and funding in new companies listed on GLBSE.com

My thinking was that you could use trades like that to hedge bitcoins and make investments outside of the bitcoin universe - as a loan in dollars but denominated in bitcoins is effectively making you short coins versus the currency* - and then you can make the investment in a currency.

Of course to be a real bank you need to start taking a cut somewhere as you are a spread business.

*And of course I would be long, which is why I wanted it

hmm, i understand, but if you go long and end up paying back 0.10 instead of 1 BTC , then I would have to get more BTC to accommodate more loan requests.

Much easier and better for me to deal only in BTC. BTC price wont change much in a week (for IBB newbie loan)

Absolutely - but if it goes down in value then you get more bitcoins back :)

Basically it would make sense to introduce products like that if for example you can secure some funding or deposits in dollars (or whatever).

If you are serious about being a bank then you will end up with an interesting book indeed, with all sorts of things offsetting one another.

Do you think there is a product you can design to interest people like me who would be interested in going long bitcoins, that would be more exciting than just buying them? I'm sure there is :)

Particularly if I can buy it using bitcoins.

well you could use bitcoinica.com, but for the moment we dont have what you are looking for.

Sure, but think like you're a bank and I'm your client, and come to you requesting that you design such a product...