Bitcoin Forum

Purpose: I'm going to buy a 10$ Gift card for iTunes of a friend.
Amount Needed: 0.017 BTC
Paying Back: 0.025 BTC
BTC Address: 1Xuk66KAyQSovJ8pLVfFxwaxomqZ8D8pi
Repayment Time: At max 24 hours.
Assurance of me paying back as borrower: You can add me on Facebook if you want to.



I posted this on another thread, but don't have any success so far.

I don't have any collateral. But i'm willing to let the lender add me on Facebook

Facebook isn't a good collateral, i highly doubt that someone will do this loan w/o a serius crypto collateral

You must read this

https://bitcointalk.org/index.php?topic=577765.0


simple rule no collateral no loan. specially with newbie.

You have 4 posts and you start out by asking a loan?
Loan from people you know, not some random community on the internet.

All of your few posts consist of loan requests, and you are a newbie without collateral. Facebook means nothing.
You will not get a loan, and you now have some negative feedback as a result.

always have some sort of collateral

If you can scrape up some actual collateral, I'll be happy to supply the loan.  ::) Seems like you already got the negative trust though, and since FaceBook is not collateral, I'm guessing you have none and want to run off with money.

Well it is obviously for a friend, that friend will probably default the loan FOR you... oh well, not your fault ::)
Right, because your facebook is just so important. :P

Maybe your Facebook is important for you, but we can't know if it's a real facebook lr no...

Hi,
I have at least 5 facebook accounts which has at least 500 friends also several with 3000-5000 friends. This cannot be a collateral i can block you any minute i want.
BR

That's not the point, the point is that collateral is something of equal or more value that can be sold easily, in case the borrower defaults the loan. Facebooks account might be worth something to you, but they cannot be sold, so it's not collateral.

Nobody has pointed out the obvious...that he is willing to pay $16 for this "$10 iTunes gift card of a friend"?
Doesn't make sense in the first place.

Good point.  But did you hear?  He does have a facebook account!  Somebody shoot this boy some satoshi's will ya?  <---sarcasm

So if you're wanting to buy a gift card  for your friend and you don't have the money for it, how are you going to pay it back.

Or how about I buy the gift card for your friend and you can buy it from me since you can get the money to pay me back.

As I just asked in another thread.. if you can pay back in 24 hours, can't you just buy it in 24 hours and tell your friend the itunes voucher is coming realy realy soon ??

good luck with this dude :)