Bitcoin Forum

The title says it all. Looking for 10 BTC loan.
As Collateral I am offering 220000 BitShares (BTSX). Escrow welcome.
Payback within 1 month with 10% interest.

And no I will not sell my BTSX on the eschange for BTC. I believe BTSX will rise at least 100% over the next week.

your shares are only worth ~1.01 BTC; how do you intend to secure the rest of the loan (plus give the lender some "wiggle room" to allow the price to decline somewhat before having to liquidate your collateral?

Your offering roughly 0.9btc collateral for 10btc with only 10% return in a month? Would you lend yourself?

I can do this loan under following circumstances:

(1) You send me collateral first
(2) If your collateral falls below 10 BTC I will sell
(3) Intrest 15% - which means you pay me back 11.5 BTC the latest 30 days after receiving the 10 BTC

Otherwise I will have to give you a SCAM-POTENTIAL = 75% at the moment.

P.S. here is my BTSX adress on Bter.com: BTSX567mPAbaXvB932Ky2c7tNkswP92dyFDkf8s2cfRFbzC2VfgMzf

Still waiting, let me know when you send collateral.

Bitcoin-Police is a lender  ???  8)

I only lend amounts equal or above to 10BTC. Provided sufficient collateral is offered.

I suggest the involvement of an escrow especially since the amount is pretty high and none of you is hero/legendary member.

I suggest you look at my username: Bitcoin-Police
I will repeat it again just incase you didn't read it right: Bitcoin-Police

If you are not willing to use escrow for a 10 btc loan then you are trying to

Scam = 100%

This. And no, your username does not mean anything as there is no trust attached to it.

If the collateral value goes down to 10BTC and you are trying to sell 10BTC worth of BTSX the price will plunge lower. I would advise accepting to only lend only 80% of the collateral value and sell before the collateral is 100% of the loan

Newbie + 10BTC asked = Danger

Who wants to lend the 10BTC you or me? Global Scam Buster? Check my trust and see all the scams I busted - then we can talk again. I don't need a fat green colour under my name to bust scams,if you don't like what I am doing,then move on.

It seems that you spot already busted scams and/or obvious scams. Good job. /sarcasm

Even the most trusted members are always willing to use escrow although few people they trade with will actually want to use escrow with trusted members.

You are not trusted and have zero history of trading. Just because you "bust" scams does not mean you are trustworthy

There are multiple scam accusation against you, so don't play forum god.
By the way,if you are such a good trusted trader why don't you lend the 10 BTC?
Bitcoin-Police will be keeping a close eye on you.

Due to the fact that these wanna-be forum gods have a problem with no escrow,I am willing to take VOD or Tomatocage as Escrow. If you agree please post in this thread and tell me what your Escrow fees are, I will pay the Escrow fee.

"if you are such a good trusted trader"

Why thank you, but I never recall saying such a thing.

"why don't you lend the 10 BTC?"

Not interested.

Then shut up and let me do my buisness. Thank you.

If any of you want to give 10 BTC loan against 22k BTS, you can just go ahead and buy it on exchange. If the price rises (which is almost assured) you will make a much bigger profit. If it drops the collateral will lose value anyway.

I never was denying your opportunity to conduct business in the first place. Thank you.

Looks like OP ran away with his 220000 BTSX, thus

SCAM-POTENTIAL = 100%

Amen to that. The way I see it, he's crazed for attention trying to look like he's helping people, while really he's just being offensive as fuck, and increasing his post count while doing it.

He could get into a signature campaign later on, offer services such as escrow or get a moderator position but only if its work is valued; if it is not he won't get anything except the satisfaction of the work done. I don't have a problem with it since he is only responding to posts that have a high scam potential, it is probably helping a little bit.

He very much could not offer escrow/moderator services. In order to offer either of these services he needs to be trusted within the community and have participated in many trades within the community, which he has not done.

From the looks of it, he is trying to build up trust for him to be able to eventually scam, as evidenced in his initial offer to do a 10 BTC loan with the borrower sending the collateral directly to him. I don't think anyone will fall for his scam.

Ok, now you're just acting retarded.

The difference between you two is that John busts scams. You bust everyone.