Bitcoin Forum

Economy => Lending => Topic started by: printshop on December 05, 2014, 03:25:34 PM



Title: I need a loan for 200 BTC
Post by: printshop on December 05, 2014, 03:25:34 PM
Hi. My name is Printshop and I take any and all loans. Each week I pay 10% of the total owed and I always pay back 150% of the loan.

That means it takes 10 weeks to pay back and you make 50% over that 10 weeks.

So if you loan me 10 BTC, I pay you back 15 BTC over a 10 week period, making ten equal payments of 1.5 BTC.

I will take these loans from anyone, provided the following conditions:

1. Loans must be made in whole amounts of BTC for sanity's sake.
2. You must leave OTC and/or BTT feedback during the loan stating how I am doing on my payments, and then after the loan.

The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!


Title: Re: I need a loan for 200 BTC
Post by: Nobitcoin on December 05, 2014, 03:32:34 PM
You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?


Title: Re: I need a loan for 200 BTC
Post by: John (John K.) on December 05, 2014, 03:36:03 PM
You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?

That's the feedback he gave someone else, not received.

OP, are you willing to transfer the shares collaterized to a trusted escrow/the lender, and are you willing to always keep the collateral at 120% or more of the btc loaned?


Title: Re: I need a loan for 200 BTC
Post by: monbux on December 05, 2014, 03:38:12 PM
That's insane.  Why would you be paying 150% when you provide a legit collateral???


Title: Re: I need a loan for 200 BTC
Post by: Vod on December 05, 2014, 03:42:16 PM
The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!

You have no feedback.   :-\


Title: Re: I need a loan for 200 BTC
Post by: LOBSTER on December 05, 2014, 03:52:45 PM
Convert your existing shares to BTCitcoin and get a loan from a bank.


Title: Re: I need a loan for 200 BTC
Post by: printshop on December 05, 2014, 04:14:48 PM
You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?

That's the feedback he gave someone else, not received.

OP, are you willing to transfer the shares collaterized to a trusted escrow/the lender, and are you willing to always keep the collateral at 120% or more of the btc loaned?

Yes, provided that dividends paid to the shareholders are forwarded to the lender to help pay off the loan. If I transfer the shares to the lender or to escrow, the dividends must be used to help repay the loan, and of course, returned to me after the loan.

The 200 btc thing was more hyperbole than anything else. Upon reflection I don't think I would really want to borrow more than 20 or 30 BTC. I just want to borrow a smaller amount to test the waters so to speak, and expand my business a bit (I run some NXT AE funds).


Title: Re: I need a loan for 200 BTC
Post by: printshop on December 05, 2014, 04:15:27 PM
That's insane.  Why would you be paying 150% when you provide a legit collateral???

I'll tell you if you sign an NDA.


Title: Re: I need a loan for 200 BTC
Post by: Jackson86 on December 05, 2014, 10:09:25 PM
this can be a big loan , i think hard to find a people
who willing to lent you ,


Title: Re: I need a loan for 200 BTC
Post by: jonald_fyookball on December 05, 2014, 11:44:17 PM
I will lend 1 btc with120% collateral NXT (not ae)


Title: Re: I need a loan for 200 BTC
Post by: jonald_fyookball on December 06, 2014, 06:27:19 AM
no? yes?


Title: Re: I need a loan for 200 BTC
Post by: printshop on December 08, 2014, 03:43:06 AM
no? yes?

Hi!

As stated the collateral I am willing to put up are NXT AE assets held in escrow.

I'm not willing to do anything else because I shouldn't have to, if I can't get the loan and I wait two weeks the need for the loan will pretty much disappear. Thanks tho.

An optimal amount would be 5 BTC, repaying 7.5 BTC as stated.


Title: Re: I need a loan for 200 BTC
Post by: jonald_fyookball on December 08, 2014, 03:51:20 AM
no? yes?

Hi!

As stated the collateral I am willing to put up are NXT AE assets held in escrow.

I'm not willing to do anything else because I shouldn't have to, if I can't get the loan and I wait two weeks the need for the loan will pretty much disappear. Thanks tho.

An optimal amount would be 5 BTC, repaying 7.5 BTC as stated.

what % of the borrowed amount are you willing to escrow? 120%?


Title: Re: I need a loan for 200 BTC
Post by: Tstar on December 08, 2014, 12:00:53 PM
why don't you go to bank and ask for a loan
you will get at lower rates, and keep the rest to yourself so you won't need to ask for loan next time

i don't think anyone will lend you 200BTC online
find a offline person


Title: Re: I need a loan for 200 BTC
Post by: leen93 on December 08, 2014, 12:08:13 PM
fine, give me your btc address, i'll send you 200 BTC  ::)


Title: Re: I need a loan for 200 BTC
Post by: bitbunnny on December 08, 2014, 12:44:39 PM
fine, give me your btc address, i'll send you 200 BTC  ::)

When you're so generous, send me 200 BTC also.  ;D  ;D


Title: Re: I need a loan for 200 BTC
Post by: hendracaw on December 08, 2014, 01:20:51 PM
fine, give me your btc address, i'll send you 200 BTC  ::)
wow... can you lend to me too..??
i just need 12 BTC i will pay back in 3 month + interest 5%/month... :-* :-* ;D


Title: Re: I need a loan for 200 BTC
Post by: alesx.onfire on December 10, 2014, 06:35:39 AM
fine, give me your btc address, i'll send you 200 BTC  ::)
wow... can you lend to me too..??
i just need 12 BTC i will pay back in 3 month + interest 5%/month... :-* :-* ;D

still asking for a loan ??...
..... god..