Bitcoin Forum

Economy => Lending => Topic started by: legendster on February 11, 2015, 11:27:48 AM



Title: Purchasing the Puddle Network [JAM listing 14.55% APR]
Post by: legendster on February 11, 2015, 11:27:48 AM
All the details for the loan required to purchase the puddle network.
I have done my own evaluation and though there is a certain amount of risk involved since the revenue generated would completely be from adverts but I decided to give it a go.

Do read the entire description completely before you ask any questions.

https://btcjam.com/listings/34903-purchasing-a-faucet

That is an investment with 14.55% APR. Duration of 9 - 10 months. No collateral.

JAM DESCRIPTION


Description

Hi everyone,

I was supposed to make another rep listing but instead I have come accross this great oppurtunity.

This is a medium term investment and not a full 365 days investment.

A very popular faucet listed on faucetbox.[com] is up for sale. The faucet site is bitcoinpuddle.[com]

You might have heard of it.

 

The buyer is asking for $8000.

My offer can be read on the BCT forum here : bitcointalk.[org] /index.php?topic=949889.msg10401474#msg10401474

 

Loan details :

Site Purchase amount : $8000

(a bundle of 4 sites)

Site maintenance and faucet funding amount for the initial months : $1200

TOTAL ASKING AMOUNT

(after 30% cut off as I will activate listing if it reaches 70%) :

$9200

 

Effective Listing amount :

$13200 rounded off to 60 BTC

 

Payment will be made within 9 - 10 months from purchase but since jam doesnt allow 9 months term I am listing it for 365 days.

 

I know this is a colossal jump from my rep loans but this is just an opputunity which came up and due to cash flow limitations I would like the help of BTCJAM to grab this.

 

I know I have pretty much ruined some scamming opportunities for some scammers here recently hence consequently I am ready to face the heat.

I can be reached at fb.com/1.legend.king tweeted to @legendster or skyped @ cool_legend_king

Also, I tried verifying my bank during on of my pre rep listings, it didnt work despite an anonymous login (probably by btc jam) as I got the text alert for that login. I will also not share my income details on btc jam.

 

I am hoping that this loan gets funded and I can buy this faucet.



Original threads :
https://bitcointalk.org/index.php?topic=949889.msg10402037#msg10402037
https://bitcointalk.org/index.php?topic=950199.0


Title: Re: Purchasing the Puddle Network [JAM listing 14.55% APR]
Post by: Quickseller on February 11, 2015, 01:12:55 PM
I seriously doubt that you need 60 btc to buy a "faucet"


Title: Re: Purchasing the Puddle Network [JAM listing 14.55% APR]
Post by: legendster on February 11, 2015, 01:35:31 PM
I seriously doubt that you need 60 btc to buy a "faucet"

lol have you read the description ? I dont need 60 BTC
Please read whats already written, visit the original threads and then come back to me with any queries if you have any.

-edit-
On Second thought I will arrange all the info here for everyone so its less browsing for you guys.
Us nerds are lazy I get it :P  ::)