Bitcoin Forum

 I need about $70 in order to get a power supply and Rasberry Pi for my mining rig so that I can start mining, I can pay back in a week with a very good return on your money. The miner makes $120 a week so I can just set it to your wallet and it can mine away right when I get the stuff needed. The collateral I have is a domain name for my forum, it makes $50 a month with 430+ members and growing each day. It need to be a trusted member so I know I can get it back, its worth a lot more than $70, especially to me. Thats all the collateral I have at the moment and it means a lot to me. I received the miner today but like I said no power supply or rasberry pi so its a no go on finally getting it running. Contact me on Skype or on here if you want to talk more about the deal. The domain is easy to transfer and there is no way I can get it back unless you send it back.

Skype:  live:mining5911
Status: ONLINE

EDIT: Just lowered needed amount to about $60. I just got some money in but I need $60 more.

What miner are you using and what is it's hash rate? You can't use a domain as collateral since it's probably not worth (nowhere near) 0.4 BTC.

The site is, and I can transfer it along with it. The domain is everything to the site. I am using a Zuesminers Thunder X3, 44Mh/s.

Mining with 44 Mh/s will earn you $0.02 a month according to this calculator: https://alloscomp.com/bitcoin/calculator.

How are you planning to mine $120 a week and pay back your loan?

You really think im going to mine BTC first of all lol. You must not know a lot about mining. Bitcoins are absolute shit to mine, nobody can mine them anymore, I will be mining OMC or another coin that yields profit, go to coinwarz.com and you will see I will be making $11 a day from certain coins. Anyone who mines BTC doesn't know what there doing, there will always be a crypto currency to mine and make money off of. Im also pretty sure that calculator is wrong.

No need to get aggressive when a member points our your figures are terrible. If you're confident with your collateral then you'd post it publicly along with your forum so that the lender can scrutinise the risk of lending 0.2 BTC to a new account.

Your assuming that the coin will remain profitable to mine and that there are always profitable coins to mine. The reality is that even if they are they in all likelihood will not have enough volume on an exchange to trade for leaving you with worthless crapcoins that you cannot use to repay.

All this is assuming you even get a loan - which I can say with a lot of confidence you won't. You have a new account and no actual useful collateral.

$77 a week still isn't $120 a week. All I am trying to point out is that in order to get a loan you have to be a lot more specific what the loan is for, how you are going to pay it back and what form of collateral you can provide.

Be careful about asking for loans without a good collateral. Some mods will instantly negative trust you for doing so.

Guys is it responsible to give a loan to newbies?
I mean, it is so darn easy to just run away with the bitcoin.

IMHO no, it is never a good idea to lend bitcoin to new users without collateral.
Not only you will likely get some loss, your action will encourage others to make new accounts for getting loans.

Didn't mean to sound nasty at all when replying, just trying to get my point across. I thought the collateral is good, and if anyone would like to do the deal I will give them the site at that time and they can make a decision. I just want to get my miner running, its frustrating just having it sit here. If you need any more info just contact me and I could provide it, I wanted to keep this post short. Sorry for the trouble.

-Mining5911

Lowered the price, only need $60. Could really use this.

Even if you lower the amount still no one would give you a loan without a good collateral

No thanks, already had my share of those.

You're not serious, right? He's using a scrypt miner. Use coinwarz.com. I'm sure he can earn more than $5 a day.

Thank you!!! Someone who knows what there doing somewhat!!!  ;D

Call bullshit I dont really care, I can prove everything. I bought it when I had the money. I just got the PSU today but I still could use a loan for the rasberry pi which is $60 for everything I need.

It actually costs $600 HAHAHAH, get your facts straight buddy before you go making acquisitions, as I said I dont give a fuck. Go do something else instead of poking into personal financials. I have been saving for it and im under-age. Or else I would most likely have $60 currently.

No one will really loan you.

Correct.

This is a lousy scam attempt.
Scammers don't even try to be creative any more - they just ask straight up for the funds they want to steal.

Potential scammer, proceed with extreme caution.

OP is right in this regard.
For example you can get 54+ MH/s for $800 with the following product. http://gawminers.com/collections/all-miners/products/54-mh-s-the-war-machine-by-gaw-miners-1-month-of-free-zencloud-hosting-service-24-hour-activation-asic-scrypt-miner


But, I don't think you can get any loan to be honest. I am just saying...

You have 14 activity. Im not scamming, im fine going first???

Yes, I only have 14 activity, but that is 14 potential scams prevented. SCAM!