Bitcoin Forum

Economy => Lending => Topic started by: dank on April 30, 2012, 05:34:05 PM



Title: 800 BTC loan request - 10% interest
Post by: dank on April 30, 2012, 05:34:05 PM
Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  My goal is to pay it back within 4 months but I don't see it taking more than 6.

1200 BTC loan - 10% monthly interest - 8 months max

If you'd prefer we can setup a monthly payment plan.

400 BTC pending by Phinnaeus Gage
800 BTC remaining

Thanks for your continued support and business.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: imsaguy on April 30, 2012, 05:37:43 PM
Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 10 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

If you'd prefer we can setup a monthly payment plan.

Thanks for your continued support and business.

To clarify, the 10 months - 40% is 40% over all 10 months or is it 40% per month?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 05:39:27 PM
Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 10 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

If you'd prefer we can setup a monthly payment plan.

Thanks for your continued support and business.

To clarify, the 10 months - 40% is 40% over all 10 months or is it 40% per month?
Over all 10 months.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: imsaguy on April 30, 2012, 05:51:44 PM
2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

10% / 2 months = 5%/month
15% / 3 months = 5%/month
20% / 4 months = 5%/month
25% / 5 months = 5%/month
30% / 6 months = 5%/month
35% / 8 months = 4.375%/month
40% / 10 months = 4%/month

Kinda backwards.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 05:55:58 PM
You're right, I adjusted it down to 8 months at 5% monthly.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: likuidxd on April 30, 2012, 05:56:21 PM
From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 06:02:52 PM
From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?
I will have more than enough to repay the loan within the next 2-8 months.  I'm not interested in dealing with financial institutions and would prefer not to disclose information regarding the title.  I'm not 100% on which bike yet.  The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back, which I don't see happening.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: grue on April 30, 2012, 06:34:05 PM
80 BTC to a 1200 BTC loan is still a big leap. I doubt most people will loan to you if you don't tell them about the details of the motorcycle.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 07:06:39 PM
80 BTC to a 1200 BTC loan is still a big leap. I doubt most people will loan to you if you don't tell them about the details of the motorcycle.
I'm trying to make a name for myself and would not ruin my opportunity for future loans. I understand it's good to be skeptical in this line of business but I would not be active on these forums for nearly a year if my intent was to scam anybody.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: terrytibbs on April 30, 2012, 07:10:12 PM
I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: Stephen Gornick on April 30, 2012, 08:15:07 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 08:39:00 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: terrytibbs on April 30, 2012, 10:03:47 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: silverbox on April 30, 2012, 10:04:48 PM

This loan is for a motorcycle

Make, model, year?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 10:19:07 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: danieldaniel on April 30, 2012, 10:25:25 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.
But in another post, you said that there was a "lack of capital"...

How can you handle it if there is a lack of capital?

Reference:
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 10:39:26 PM
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.
But in another post, you said that there was a "lack of capital"...

How can you handle it if there is a lack of capital?

Reference:
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: terrytibbs on April 30, 2012, 10:52:48 PM
I will have much more capital in the months to come, it's the initial investments that I need.
Much much more:
What do you need the loan for?  How will you get the BTC to pay back the lender(s).  What do you have for collateral?  What is your business plan?
To save the world.  The same way I did before.  No collateral other than my soul.  TMI to post here.


Just because you repaid a smaller loan, doesn't mean you will repay a larger loan.  Readily admitting you're going to ask for larger and larger loans sends up a huge red flag.
I am readily admitting it because I plan on becoming a billionaire, which involves larger amounts of money.  Why would I not scam someone for $400, then scam someone for $2000 when I could be making thousands, millions or billions more?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on April 30, 2012, 11:09:43 PM
I will have much more capital in the months to come, it's the initial investments that I need.
Much much more:
What do you need the loan for?  How will you get the BTC to pay back the lender(s).  What do you have for collateral?  What is your business plan?
To save the world.  The same way I did before.  No collateral other than my soul.  TMI to post here.


Just because you repaid a smaller loan, doesn't mean you will repay a larger loan.  Readily admitting you're going to ask for larger and larger loans sends up a huge red flag.
I am readily admitting it because I plan on becoming a billionaire, which involves larger amounts of money.  Why would I not scam someone for $400, then scam someone for $2000 when I could be making thousands, millions or billions more?
Correct.  I'm going to be an aspiring guitarist in time to come.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: Gomeler on May 01, 2012, 12:31:52 AM
You always have the most entertaining loan threads.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on May 01, 2012, 01:03:38 AM
You always have the most entertaining loan threads.
Thank you.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: REF on May 01, 2012, 01:38:31 AM
This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 8 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

-you must drive a lot and/or have a gas hog to be able to save a couple hundred per month on gas alone
-1/4000 are not very good odds. (I know)
-If you can pay it back in 4-6months why cant you wait 4-6 months to make the investment yourself and not worry about owing any interest. Youll be paying so much in interest that saving money on gas will be a moot point.
-What is the exact bike you wish to purchase? I think you should provide such information before asking for a loan. how do you know how much money you need when you dont even know what your buying.

you should stop when your ahead.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: John (John K.) on May 01, 2012, 01:51:59 AM
You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on May 01, 2012, 02:07:15 AM
This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 8 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

-you must drive a lot and/or have a gas hog to be able to save a couple hundred per month on gas alone
-1/4000 are not very good odds. (I know)
-If you can pay it back in 4-6months why cant you wait 4-6 months to make the investment yourself and not worry about owing any interest. Youll be paying so much in interest that saving money on gas will be a moot point.
-What is the exact bike you wish to purchase? I think you should provide such information before asking for a loan.
I don't want to wait, there isn't much time left.  I just want a bike around the 4000-5000 USD range plus gear.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: silverbox on May 01, 2012, 06:22:35 PM


I don't want to wait, there isn't much time left.  I just want a bike around the 4000-5000 USD range plus gear.

Aye.  December 21 is bearing down upon us!!


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 02, 2012, 03:55:22 PM
I doubled the interest rate, 10% per month.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: terrytibbs on May 02, 2012, 04:03:31 PM
You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...
Why don't you do this, Mr. Millionaire?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on May 02, 2012, 04:56:52 PM
You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...
Why don't you do this, Mr. Millionaire?
I enjoy my privacy, something not valued these days.  Y'all really are too pessimistic, I need you guys for future loans and I wouldn't scam someone for a motorcycle when I can do much more playing fair.  Together, we will do great things.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 02, 2012, 05:33:38 PM
Why not get a cheapie used Honda civic?

That gets like 50 MPG, bout the same MPG as a motorcycle, cheaper, and you don't get rained on..


Title: Re: 1200 BTC loan request - 10% interest
Post by: jwzguy on May 02, 2012, 05:38:13 PM
You can get a reliable 250cc bike for MUCH cheaper than $4000. If saving money is truly your goal, your break-even will be much lower and your mpg will be much higher.

Still, without even providing ID, I can't imagine why anyone would lend you enough to buy anything. Of course, I'm always surprised when I see people lending to begin with. Good luck.


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: ineededausername on May 02, 2012, 05:48:05 PM
You always have the most entertaining loan threads.

dank has always been the atlas of the lending forum :)


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: dank on May 02, 2012, 05:54:13 PM
You always have the most entertaining loan threads.

dank has always been the atlas of the lending forum :)
Not exactly sure what that means.

Why not get a cheapie used Honda civic?

That gets like 50 MPG, bout the same MPG as a motorcycle, cheaper, and you don't get rained on..
I already have a car and no, I'm not buying a civic.  Saving gas isn't my goal, it's just a random statistic I provided for anyone who doubts I will be able to pay it back.

You can get a reliable 250cc bike for MUCH cheaper than $4000. If saving money is truly your goal, your break-even will be much lower and your mpg will be much higher.

Still, without even providing ID, I can't imagine why anyone would lend you enough to buy anything. Of course, I'm always surprised when I see people lending to begin with. Good luck.
Saving money isn't my goal either.  I want a 600cc bike so I can have a 600cc bike, 250cc just won't cut it after a few weeks.


Title: Re: 1200 BTC loan request - 10% interest
Post by: jwzguy on May 02, 2012, 07:49:17 PM
Oh, I didn't realize this loan was just to support your whims. Why shoot so low? Ask for enough to buy a new Ducati.

You are so clearly the picture of fiscal responsibility, I can't imagine why no one has jumped on this amazing low-risk opportunity yet.  :D


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 02, 2012, 08:00:16 PM
600cc, that sounds awful powerful.. Are you sure you can handle it?


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 02, 2012, 10:03:09 PM
600cc, that sounds awful powerful.. Are you sure you can handle it?
Not as powerful as 1000cc, eh?

jwz, what do you think 90% of loans are for?  Your remarks mean nothing when I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.


Title: Re: 1200 BTC loan request - 10% interest
Post by: Justin00 on May 02, 2012, 10:11:10 PM
if you need money why dont you just take it out of the structure/limo/web hosting company(s) ??



Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 02, 2012, 10:21:19 PM

Not as powerful as 1000cc, eh?


Why stop at 600cc then..  Heck get a ZX-14!!!


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 02, 2012, 10:27:01 PM
if you need money why dont you just take it out of the structure/limo/web hosting company(s) ??


Those were only plans that have since been replaced by better ideas.  I was calling for $5 mil to operate that, and while it would work, it's too frivolous of me and just not really what I want to do. $1 mil would allow me to create a more sustainable and realistic venture in a different, more vital market.


Title: Re: 1200 BTC loan request - 10% interest
Post by: Tomatocage on May 02, 2012, 10:50:30 PM
Oh, I didn't realize this loan was just to support your whims. Why shoot so low? Ask for enough to buy a new Ducati.

You are so clearly the picture of fiscal responsibility, I can't imagine why no one has jumped on this amazing low-risk opportunity yet.  :D

I nearly spit out my drink, thanks asshat  :D


Title: Re: 1200 BTC loan request - 10% interest
Post by: Gladamas on May 02, 2012, 11:08:03 PM
From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?
... [I ] would prefer not to disclose information regarding the title.

... I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.

... I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.

This seems like a very high-risk investment to me.


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 02, 2012, 11:39:12 PM
From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?
... [I ] would prefer not to disclose information regarding the title.

... I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.

... I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.

This seems like a very high-risk investment to me.
Which is ironic, because to me, I'm probably one of the best investments somebody can make.


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 03, 2012, 12:53:01 AM
That's not my fate, I can already tell.  But if it were to happen, I would have someone else take care of the funds.  Thank you.


Title: Re: 1200 BTC loan request - 10% interest
Post by: imsaguy on May 03, 2012, 12:54:59 AM
That's not my fate, I can already tell.  But if it were to happen, I would have someone else take care of the funds.  Thank you.

How do you know? Do you have ESPN or something?


Title: Re: 1200 BTC loan request - 10% interest
Post by: Gladamas on May 03, 2012, 01:40:14 AM
From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?
... [I ] would prefer not to disclose information regarding the title.

... I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.

... I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.

This seems like a very high-risk investment to me.
Which is ironic, because to me, I'm probably one of the best investments somebody can make.

One of the best investments? I can think of several bitcoin investments that are better than loaning to any member on the forums.


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 03, 2012, 02:05:58 AM
Sometimes, you just know things.  Not a chance of me dying from cancer either.

One of the best investments? I can think of several bitcoin investments that are better than loaning to any member on the forums.
There's more than what meets the eye, karma will further repay those who supported me, down the road.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 04, 2012, 09:39:47 PM
Well with karma on your side, how can you go wrong!!


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 04, 2012, 10:00:26 PM
Well with karma on your side, how can you go wrong!!
Yeah, when I actually get to where I want to be I wouldn't mind giving back a few hundred/thousand dollars to show appreciation.


Title: Re: 1200 BTC loan request - 10% interest
Post by: terrytibbs on May 04, 2012, 10:01:40 PM
Yeah, when if I actually get to where I want to be I wouldn't mind giving back a few hundred/thousand dollars to show appreciation.
Fixed That For You :)


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 04, 2012, 10:51:38 PM
Yeah, when if I actually get to where I want to be I wouldn't mind giving back a few hundred/thousand dollars to show appreciation.
Fixed That For You :)
Nothing can stop me from reaching my goals, things can only slow me down.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 04, 2012, 10:56:00 PM
Dude a ZX-14 won't slow you down!!


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 04, 2012, 10:57:19 PM
Dude a ZX-14 won't slow you down!!
Quite the comedian aren't we?


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 04, 2012, 11:13:19 PM
Nothing is comical about a bike that will do 230 mph..

http://www.bikebros.co.jp/img/db_images/catalog/4/72/8.jpg


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 04, 2012, 11:46:22 PM
Nothing is comical about a bike that will do 230 mph..

http://www.bikebros.co.jp/img/db_images/catalog/4/72/8.jpg
What relevance does that have to do with the thread?


Title: Re: 1200 BTC loan request - 10-40 % interest
Post by: BurtW on May 09, 2012, 12:56:19 PM
You always have the most entertaining loan threads.

dank has always been the atlas of the lending forum :)
Hit the nail on the head.  I also really enjoy reading your threads - always good for a belly laugh.  Keep up the good work!


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 09, 2012, 03:25:45 PM
The next one will be better if I can get a loan for this already.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 09, 2012, 04:07:47 PM
How much do you have so far?


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 09, 2012, 04:15:56 PM
How much do you have so far?
0 btc for this.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 09, 2012, 04:24:44 PM
Doh!!  Its gonna take awhile to get this one funded at that rate!


Title: Re: 1200 BTC loan request - 10% interest
Post by: Vanderbleek on May 09, 2012, 04:41:04 PM
You might have better luck asking for the funds to get a 50cc chinese scooter. If your goal is to save money, those things get 70-100MPG, and are great for driving around town. Obviously if you need to get on the highway super often (commuting or such) that's not an option, as they have a top speed of ~45mph. In my state you don't have to register or insure anything under 50ccs, so mine was a great way to save money.

Just sayin', asking for a large sum at low interest to buy something many see as dangerous (and won't get AMAZING gas mileage anyway) doesn't make too much sense for the investor.


Title: Re: 1200 BTC loan request - 10% interest
Post by: terrytibbs on May 09, 2012, 04:45:29 PM
You might have better luck asking for the funds to get a 50cc chinese scooter. If your goal is to save money, those things get 70-100MPG, and are great for driving around town. Obviously if you need to get on the highway super often (commuting or such) that's not an option, as they have a top speed of ~45mph. In my state you don't have to register or insure anything under 50ccs, so mine was a great way to save money.

Just sayin', asking for a large sum at low interest to buy something many see as dangerous (and won't get AMAZING gas mileage anyway) doesn't make too much sense for the investor.
This quote sums this entire thread up fairly nicely:
I want a 600cc bike so I can have a 600cc bike


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 09, 2012, 05:09:52 PM
Yes, I already addressed that my goal is not to save money.  My goal is to a) get a 600cc bike and b) further prove that I'm a reliable investment.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 15, 2012, 12:52:14 AM
Why not get the bike with conventional financing.  Then use the extra money you have from the better milage to purchase bitcoin's (building rep).  Then lend the purchased BTC out, building even more rep!!  Oh and post pics of the bike once you get it!!


Title: Re: 1200 BTC loan request - 10% interest
Post by: Electricbees on May 16, 2012, 03:15:34 AM
How about one like this? ;D This one only cost me 180 BTC...

https://i.imgur.com/UWHMJl.jpg


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 16, 2012, 04:02:13 PM
Are you sure thats 600cc?


Title: Re: 1200 BTC loan request - 10% interest
Post by: Clipse on May 16, 2012, 04:12:20 PM
Erm, this sure smells like atlas.

Every silly comment, response, self-godness, reeks of atlas.

The funniest comment where he will have tons of money in the future with no issue to repay but right now he cant afford $6000 for luxury items, thats a huge redflag and any investor must be suicidal.


Title: Re: 1200 BTC loan request - 10% interest
Post by: wknight on May 16, 2012, 04:30:14 PM
Soon as i read 600 cc motorcycle I had to read the entire thread.

Ok so your looking for a $4000-5000 with gear.

I bet this means a Sportbike of some sorts.

Lets say you find a user sportbike for $4500 (New Sportbikes are 8k+ for 600's) . Just to be in the middle.. $500  in gear.. Helmet.. jacket.. gloves...

Your at $5000

Now who is going to maintain this bike? Service alone is going to cost you $75 an hour on the cheap side.

Ok.. so you say your going to find one that doesnt need any service.. fine.

You said you wont stunt or ride drunk.. Yeah right.. its a 600.. i have been riding for over 20 years.. believe me your going to try a wheelie atleast.. we all do. Dont fool yourself. BTW.. I ran a dealership for years. I heard this all the time from my customers and laughed.

Now.. who is going to pay for the insurance? Sportbike insurance is the highest for any vehicle out there. Lets not even get started about the age :) Ohh yeah a dealership wont ever talk about insurance for a Sportbike as you cannot roll the bike off the showroom floor without insurance..  (ok ok.. unless you pay cash)

My biggest question for you. Who is going to pay if the bike is dropped. Hey guess what.. it happens. Even the best riders go down. Gravel, oil, water, anti-freeze.

I just had fun reading this thread and wanted to respond :) Good luck with your loan and keep the rubber side down :)



 


Title: Re: 1200 BTC loan request - 10% interest
Post by: Electricbees on May 16, 2012, 09:16:32 PM
Are you sure thats 600cc?
Absolutely not. Haha. That's my 90cc "motorcycle", almost only by legal definition in MN law...   ::)

I, at the chance of sounding lame, would not recommend a 600cc sportbike. Period. Too fast, too much maintenance, and the plastics. Fall once, and your bike's value goes down. Break any of it, and no one will buy it off you second-hand for any reasonable price.
If anything goes wrong with a smaller bike, like say, mine... I can dump an entirely new engine in there for about 200 bucks. Anything else breaks? Parts are available, easy.
And the bike is 39 years old...

Just my two bits, though I am aware that once you want a sport bike, you want a sport bike...
My lady wouldn't approve of my life expectancy after purchase, so I went a new route... (Arguably a more fun one, since people have pulled over to watch me go by before. ;D )


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 18, 2012, 03:08:55 PM
Well, if you have nothing constructive to say and no loan to offer, I don't really know what the point is of posting.  I'm not atlas, I really don't know what to say to that.  If you've thought about investing but chose not to because [the risk is too high, he may be a scammer, he'll die on a motorcycle, etc.], you have allowed paranoia take a good opportunity from you.

And no, I'm not going to ride drunk.


Title: Re: 1200 BTC loan request - 10% interest
Post by: silverbox on May 18, 2012, 09:50:28 PM
Well, if you have nothing constructive to say and no loan to offer, I don't really know what the point is of posting.  I'm not atlas, I really don't know what to say to that.  If you've thought about investing but chose not to because [the risk is too high, he may be a scammer, he'll die on a motorcycle, etc.], you have allowed paranoia take a good opportunity from you.

And no, I'm not going to ride drunk.

What, no drunken riding!!  So your going to default and also not have any crazy stories to tell??  For shame!!

Now, have you narrowed down the brand of 600cc bike you'd like to buy??


Title: Re: 1200 BTC loan request - 10% interest
Post by: Phinnaeus Gage on May 20, 2012, 02:42:24 PM
Yes, I already addressed that my goal is not to save money.  My goal is to a) get a 600cc bike and b) further prove that I'm a reliable investment.

Once that's accomplished, I'll come back here requesting an even bigger loan for some mundane purchase, coupled with providing further comic gold.

I can't fathom from your post anything at all about what you actually want people to invest in.  What is it that you're actually going to be producing with the funds people lend you?
I'd be willing to discuss it in more detail via private message if you are interested.  The important thing is that I have a solid plan of action to produce this money, I just don't have the initial investment cost, I may be very much broke after my upcoming traffic court case in which I may lose my license, setting my plans back another year or so.  I can turn a $100 investment into $3000 of revenue, legally, without relying on others.

I am willing to be very generous as far as interest rates, we can work with small short terms loans to build trust if you wish.  I have no intentions (nor have I demonstrated such in the past) of running off with a small amount of money when I can do so much more with it and benefit both parties involved.  Karma can be a bitch.

I don't see how asking for a $100+ loan is irrational when I have a solid plan to back it up.  Naysayers, please carry on.

This is proof enough for me. I'm willing to invest 1/3 of what you desire, provided two other members on this forum also put up 1/3 each. It looks like you're going to get your bike, Dank. Drive safely!

~Cackling Bear~


Title: Re: 1200 BTC loan request - 10% interest
Post by: dank on May 23, 2012, 12:55:09 AM
I appreciate your understanding and interest.   My next loan will definitely be considered a mundane purchase to most, but it is for something much more valuable and important.  It's nothing materialist or self serving, it's something for the greater good of all.

Regarding the old post you quoted, my plans and well being have evolved significantly. At the time I was hardly scraping by, now I have a house, land, a car, a fair amount of money and a much stronger plan.