Bitcoin Forum

Economy => Lending => Topic started by: BurtW on October 20, 2012, 04:17:41 PM


Title: Lending to qualified borrowers
Post by: BurtW on October 20, 2012, 04:17:41 PM
I have lent BTC for many purposes from mining equipment to personal loans.

In general you must meet the following conditions to get a loan from me:

1. More than 300 posts
2. Been registered for more than 2 months
3. Provide your email, IP address & any other id requested
4. over 18
5. Active in forum
6. At least 2 or 3 feedback/trades on forum

PM me or post here if interested.

I do not accept deposits.  All BTC for loans or investments come from my own personal BTC.

Code:
Paid Loans (previous good customers)

Date      Who                Loan  Due Date  Repaid    Notes
--------  ---------------  ------  --------  --------  --------
01/02/12  gigavps           50.00  02/01/12  01/16/12  early
01/17/12  rexcoin           10.00  02/01/12  01/17/12  early
01/18/12  rexcoin            8.00  01/20/12  01/18/12  early
01/26/12  mcorlett           3.00  02/03/12  01/27/12  early
01/28/12  jjzm               5.00  02/01/12  01/31/12  early
01/30/12  eviltt            10.00  02/04/12  02/06/12  on time
01/31/12  cablepair         17.00  02/10/12  02/06/12  early
02/11/12  cablepair         13.00  02/16/12  02/13/12  early
02/07/12  bitjet            45.00  02/14/12  02/14/12  on time
02/09/12  jackrabiit         7.00  02/19/12  02/18/12  early
02/05/12  hobo66            40.00  03/06/12  03/05/12  early
02/11/12  bitlane           25.00  03/11/12  03/06/12  early
02/27/12  reg                6.00  03/12/12  03/07/12  early
02/23/12  cablepair        120.00  03/24/12  03/13/12  early
02/15/12  INAU              40.00  03/15/12  03/15/12  on time
03/04/12  crosby            10.00  03/16/12  03/16/12  on time
02/11/12  kohta             33.00  03/19/12  03/17/12  early
03/08/12  jackrabiit        10.00  03/24/12  03/21/12  early
03/19/12  cablepair         80.00  04/03/12  03/26/12  early
03/25/12  bcjunkie           9.00  03/26/12  03/26/12  on time
03/28/12  jjzm               1.00  04/02/12  04/03/12  on time
03/08/12  goat              40.00  04/07/12  04/05/12  early
02/07/12  thiago            50.00  04/07/12  04/07/12  on time
03/19/12  gomeler           50.00  04/20/12  04/09/12  early
03/06/12  hobo66            40.00  05/05/12  04/17/12  early
03/30/12  bitlane           90.00  04/29/12  04/21/12  early
03/05/12  eveofwar         100.00  05/04/12  04/21/12  early
04/07/12  bitjet            51.50  04/27/12  04/25/12  early
03/29/12  cablepair        200.00  05/04/12  05/04/12  on time
05/02/12  JRO              100.00  05/16/12  05/16/12  on time
05/07/12  fabrizziop        40.00  06/21/12  06/04/12  early
05/07/12  tgmarks          100.00  06/06/12  06/06/12  on time
05/10/12  pyramining        55.00  06/10/12  06/10/12  early
04/09/12  crosby            75.00  05/24/12  06/15/12  on time
06/04/12  Turbor            30.00  07/04/12  06/19/12  early
06/27/12  BrightAnarchist  200.00  07/04/12  07/02/12  early
06/04/12  cablepair        300.00  07/04/12  07/04/12  on time
06/19/12  Turbor            35.00  07/19/12  07/07/12  early
06/07/12  tgmarks          100.00  07/07/12  07/07/12  on time
06/14/12  bravetheheat       1.00  07/10/12  07/10/12  on time
06/12/12  ciuciu GIGA      100.00  07/10/12  07/10/12  stock
06/12/12  ciuciu YABMC      25.00  07/10/12  07/10/12  stock
06/25/12  mc_lovin          50.00  08/24/12  07/10/12  early
07/13/12  roulette         100.00  08/07/12  07/15/12  game
06/23/12  Philj            250.00  09/21/12  07/17/12  early
05/22/12  hobo66            60.00  07/19/12  07/20/12  slow
05/31/12  Mr Teal           75.00  07/30/12  07/30/12  on time
06/05/12  jackrabiit        12.00  07/24/12  08/01/12  slow
01/18/12  Ultima Fund       10.00  08/01/12  08/01/12  bad
07/13/12  mc_lovin          60.00  09/11/12  08/01/12  early
07/14/12  Turbor           200.00  08/13/12  08/02/12  early
07/10/12  tgmarks          100.00  08/10/12  08/10/12  on time
08/17/12  lester           200.00  08/18/12  08/18/12  on time
08/26/12  Scott J            2.00  08/26/12  08/26/12  on time
09/03/12  Thunderbit         2.00  09/04/12  09/04/12  on time
09/04/12  Hunger Coins      15.00  09/04/12  09/04/12  on time
08/20/12  jackrabiit         5.00  09/02/12  09/02/12  on time
09/02/12  jackrabiit         3.00  09/09/12  09/09/12  on time
09/13/12  Tittiez            5.00  09/20/12  09/14/12  early
10/01/12  theboss           50.00  10/31/12  10/02/12  early
10/02/12  theboss           40.00  10/03/12  10/03/12  on time
09/22/12  RandomQ            5.00  10/22/12  10/10/12  early
10/10/12  theboss           30.00  11/09/12  10/11/12  early
09/15/12  AndrewBUD         50.00  10/20/12  10/16/12  early
10/18/12  TradeFortress      1.00  10/23/12  10/19/12  early
10/23/12  jackrabiit         5.00  11/07/12  11/01/12  early
10/21/12  Immuzikation     200.00  11/16/12  11/16/12  early
11/10/12  Tittiez            1.05  11/24/12  11/21/12  early
11/06/12  AndrewBUD         17.00  12/06/12  11/24/12  early
11/20/12  jackrabiit         4.00  12/20/12  11/28/12  early
10/30/12  mc_lovin          17.00  11/29/12  11/29/12  on time
11/15/12  Niann              2.00  12/15/12  12/07/12  early
12/20/12  Niann              3.00  01/19/13  01/07/13  early
01/17/13  TangibleCrypt    200.00  01/18/13  01/18/13  on time
11/22/12  Tittiez           10.00  02/22/13  01/21/13  early
01/24/13  Projects          30.00  01/27/13  01/25/13  early
01/26/13  Projects          25.00  01/29/13  01/27/13  early
01/23/13  xx78213            0.01  01/30/13  01/28/13  early
01/24/13  hardup             0.50  02/03/13  02/03/13  on time
02/03/13  Projects          25.00  02/06/13  02/07/13  on time
01/17/13  mc_lovin          50.00  01/31/13  02/09/13  slow
02/10/13  Projects          30.00  02/13/13  02/11/13  on time
01/21/13  Niann              2.00  02/20/13  02/12/13  early
02/12/13  Projects          50.00  02/26/13  02/16/13  early
02/24/13  jackrabiit         1.00  03/04/13  03/04/13  on time
02/19/13  Projects          50.00  03/12/13  03/10/13  early
03/03/13  thepwnorbpwnd      3.00  04/02/13  03/11/13  early
03/20/13  bomboclat77        0.50  03/27/13  03/21/13  early
03/25/13  Jenger             0.50  03/29/13  03/28/13  early

Title: Re: Lending to qualified borrowers
Post by: matthewh3 on October 20, 2012, 11:12:35 PM
I run the ex-GLBSE asset RSM - https://bitcointalk.org/index.php?topic=63257.0 -  We currently have three BFL-SC-Singles pre-ordered.  I would be interested in putting to the other shareholders that we take out a business loan for more ASIC's.  They will be held and hosted by Inaba so maybe we could do physical escrow of the board(s).

Title: Re: Lending to qualified borrowers
Post by: solareclipse64236 on October 22, 2012, 05:42:26 PM
do i qualify?

Title: Re: Lending to qualified borrowers
Post by: BurtW on October 22, 2012, 09:18:45 PM
Quote from: solareclipse64236 on October 22, 2012, 05:42:26 PM
do i qualify?
Do you have 300 posts, most with real content that actually contributes to the conversations in the threads?

Title: Re: Lending to qualified borrowers
Post by: matthewh3 on October 22, 2012, 09:19:40 PM
Quote from: BurtW on October 22, 2012, 09:18:45 PM
Quote from: solareclipse64236 on October 22, 2012, 05:42:26 PM
do i qualify?
Do you have 300 posts, most with real content that actually contributes to the conversations in the threads?

Do I qualify?  Should I inbox you?

Title: Re: Lending to qualified borrowers
Post by: crazyates on October 23, 2012, 01:12:45 AM
Quote from: BurtW on October 22, 2012, 09:18:45 PM
Do you have 300 posts
Yeah!

Quote from: BurtW on October 22, 2012, 09:18:45 PM
most with real content that actually contributes to the conversations in the threads?
Damn, I'm screwed.

Title: Re: Lending to qualified borrowers
Post by: mc_lovin on November 01, 2012, 08:15:02 PM
My favourite lender! :D

Our most recent (and active) deal from a couple days ago:

17 BTC received Oct 30th, paid back in 1 month (Nov 30th), @ 10% (per 1 month) interest.

Thanks again Burt!

Title: Re: Lending to qualified borrowers
Post by: BurtW on November 01, 2012, 09:14:50 PM
Quote from: mc_lovin on November 01, 2012, 08:15:02 PM
My favourite lender! :D

Our most recent (and active) deal from a couple days ago:

17 BTC received Oct 30th, paid back in 1 month (Nov 30th), @ 10% (per 1 month) interest.

Thanks again Burt!
Verified.

Title: Re: Lending to qualified borrowers
Post by: lightlord on November 01, 2012, 11:52:27 PM
hello burtw,

Would you be interested in a investment?
The 60 giga hash ASIC miners are estimated to come out at the end of November.
Each cost $1299 (Each)

I was interested in getting two.
Which at today pricing would be about $2598/($10.59801)=245.14(BTC)
The loan would go that once I received the two units,
I would pay you weekly, and until I have payed back 120% of the original amount.
Sooner the better, then sooner I can place the orders for the ASIC miners.
Let me know if interested.

Best regards
Lightlord

Title: Re: Lending to qualified borrowers
Post by: MPOE-PR on November 02, 2012, 12:41:14 AM
Quote from: lightlord on November 01, 2012, 11:52:27 PM
hello burtw,

Would you be interested in a investment?
The 60 giga hash ASIC miners are estimated to come out at the end of November.
Each cost $1299 (Each)

I was interested in getting two.
Which at today pricing would be about $2598/($10.59801)=245.14(BTC)
The loan would go that once I received the two units,
I would pay you weekly, and until I have payed back 120% of the original amount.
Sooner the better, then sooner I can place the orders for the ASIC miners.
Let me know if interested.

Best regards
Lightlord


I wonder, why would he need you for this? He could just buy the ASICs outright, no?

Title: Re: Lending to qualified borrowers
Post by: nobbynobbynoob on November 02, 2012, 12:45:52 AM
Thanks for offering this, BurtW.

I'm still slightly on the n00b side of your requirements, but I'm not too far short of 300 posts now. I have made a couple of BTC trades through the forum with user Alwaysmining.

This type of honest lending service is very useful. No, I'm not asking for a loan here. :)

Title: Re: Lending to qualified borrowers
Post by: BurtW on November 02, 2012, 02:17:18 AM
Quote from: MPOE-PR on November 02, 2012, 12:41:14 AM
Quote from: lightlord on November 01, 2012, 11:52:27 PM
hello burtw,

Would you be interested in a investment?
The 60 giga hash ASIC miners are estimated to come out at the end of November.
Each cost $1299 (Each)

I was interested in getting two.
Which at today pricing would be about $2598/($10.59801)=245.14(BTC)
The loan would go that once I received the two units,
I would pay you weekly, and until I have payed back 120% of the original amount.
Sooner the better, then sooner I can place the orders for the ASIC miners.
Let me know if interested.

Best regards
Lightlord


I wonder, why would he need you for this? He could just buy the ASICs outright, no?
I assume he just does not have access to the $2598 he needs, right?

BTW the request is just a tad ambiguous.  Do you mean to pay back 120% of the USD ammount in BTC or 120% of the BTC amount borrowed?  You just said "120% of the original amount".

Title: Re: Lending to qualified borrowers
Post by: MPOE-PR on November 07, 2012, 11:12:58 AM
Quote from: BurtW on November 02, 2012, 02:17:18 AM
Quote from: MPOE-PR on November 02, 2012, 12:41:14 AM
Quote from: lightlord on November 01, 2012, 11:52:27 PM
hello burtw,

Would you be interested in a investment?
The 60 giga hash ASIC miners are estimated to come out at the end of November.
Each cost $1299 (Each)

I was interested in getting two.
Which at today pricing would be about $2598/($10.59801)=245.14(BTC)
The loan would go that once I received the two units,
I would pay you weekly, and until I have payed back 120% of the original amount.
Sooner the better, then sooner I can place the orders for the ASIC miners.
Let me know if interested.

Best regards
Lightlord


I wonder, why would he need you for this? He could just buy the ASICs outright, no?
I assume he just does not have access to the $2598 he needs, right?

BTW the request is just a tad ambiguous.  Do you mean to pay back 120% of the USD ammount in BTC or 120% of the BTC amount borrowed?  You just said "120% of the original amount".

You don't take my meaning. You, BurtW, have two avenues open to you:

1. You buy ASICs.

2. You lend money to guy X who will buy ASICs and pay you interest.

Seems 2 is a lower net worth avenue than 1 (to you), due principally to CP risk and secondarily because it's certain you will receive less income this way but it's unclear what exact skill or equity person X contributes to justify that (ASICs, unlike GPU rigs, require very little of the operator). So, why would you need him?

Title: Re: Lending to qualified borrowers
Post by: BurtW on November 07, 2012, 03:52:55 PM
Quote from: MPOE-PR on November 07, 2012, 11:12:58 AM
You don't take my meaning. You, BurtW, have two avenues open to you:

1. You buy ASICs.

2. You lend money to guy X who will buy ASICs and pay you interest.

Seems 2 is a lower net worth avenue than 1 (to you), due principally to CP risk and secondarily because it's certain you will receive less income this way but it's unclear what exact skill or equity person X contributes to justify that (ASICs, unlike GPU rigs, require very little of the operator). So, why would you need him?
You are totally correct.  I get these types of requests all the time and they are kind of funny when you think about it.  Usually I tell them one of two things:  "Hey that is a great idea!  You have convinced me to buy a couple more mining rigs.  Thanks!"  Or, if I am in a less sarcastic mood:  "The answer is no but if you are dead set on getting into mining at this point and you do not have the cash to do it then borrow the USD you need on a very low interest rate credit card or from friends and family".

Title: Re: Lending to qualified borrowers
Post by: mc_lovin on January 17, 2013, 08:49:54 PM
50 BTC loaned from BurtW @ 10% interest per month to be paid back in a couple weeks-ish.

Thanks again, Burt!

Title: Re: Lending to qualified borrowers
Post by: mc_lovin on February 09, 2013, 09:33:46 PM
Quote from: mc_lovin on January 17, 2013, 08:49:54 PM
50 BTC loaned from BurtW @ 10% interest per month to be paid back in a couple weeks-ish.

Thanks again, Burt!

Repaid!  Thanks!!

Title: Re: Lending to qualified borrowers
Post by: BurtW on February 10, 2013, 12:23:15 AM
Quote from: mc_lovin on February 09, 2013, 09:33:46 PM
Quote from: mc_lovin on January 17, 2013, 08:49:54 PM
50 BTC loaned from BurtW @ 10% interest per month to be paid back in a couple weeks-ish.

Thanks again, Burt!

Repaid!  Thanks!!
Repayment confirmed, see OP for all loan repayments.

Title: Re: Lending to qualified borrowers
Post by: Jenger on March 28, 2013, 09:11:57 PM
Thank you for the loan!  8)

Title: Re: Lending to qualified borrowers
Post by: kerstone on March 29, 2013, 01:46:58 AM
I'm new to btc. About three weeks. Don't meet the posting requirements, and have only made one transaction. Trying to make my second, but it has become exceedingly difficult. I will provide any personal info requested. I am trying to find 3 btc. I can pay within 24 hrs after receiving.I am in a tough situation here. Really need to get these by tomorrow, or else I would just go through theymos, which I plan on doing next week. This would be a lifesaver for me, and would give me a nice chance to build my rep.
It's a longshot, I know. Or, maybe you would be willing to sell for mp?
wow, never thought it would be this hard!
Thanx either way, and you provide a great service which helps to bolster the community.

Title: Re: Lending to qualified borrowers
Post by: 🏰 TradeFortress 🏰 on March 29, 2013, 02:53:20 AM
Quote from: kerstone on March 29, 2013, 01:46:58 AM
I'm new to btc. About three weeks. Don't meet the posting requirements, and have only made one transaction. Trying to make my second, but it has become exceedingly difficult. I will provide any personal info requested. I am trying to find 3 btc. I can pay within 24 hrs after receiving.I am in a tough situation here. Really need to get these by tomorrow, or else I would just go through theymos, which I plan on doing next week. This would be a lifesaver for me, and would give me a nice chance to build my rep.
It's a longshot, I know. Or, maybe you would be willing to sell for mp?
wow, never thought it would be this hard!
Thanx either way, and you provide a great service which helps to bolster the community.

go through theymos?

Title: Re: Lending to qualified borrowers
Post by: BurtW on March 29, 2013, 04:40:11 AM
Quote from: TradeFortress on March 29, 2013, 02:53:20 AM
Quote from: kerstone on March 29, 2013, 01:46:58 AM
I'm new to btc. About three weeks. Don't meet the posting requirements, and have only made one transaction. Trying to make my second, but it has become exceedingly difficult. I will provide any personal info requested. I am trying to find 3 btc. I can pay within 24 hrs after receiving.I am in a tough situation here. Really need to get these by tomorrow, or else I would just go through theymos, which I plan on doing next week. This would be a lifesaver for me, and would give me a nice chance to build my rep.
It's a longshot, I know. Or, maybe you would be willing to sell for mp?
wow, never thought it would be this hard!
Thanx either way, and you provide a great service which helps to bolster the community.

go through theymos?
I am curious about what theymos is up to also, does he lend or sell to noobs?

Title: Re: Lending to qualified borrowers
Post by: kerstone on March 29, 2013, 05:06:14 AM
Srry guys, I meant to buy. He has a great rep, and a post referencing selling. Worked with him before, on a sale, NOT A LOAN.
I explained in my post why I decided to try the loan option when I actually have the cash to buy. I know its a bit confusing. Now I feel like I may have said too much or something. Im not really sure where to draw the line when it comes to discussing transactions. Hope I didn't just fuck up!
Look, I live in the middle of no where, no working vehicle. Nearest wal mart is 35 miles away. No BOA...etc. On top of all this, I am trying to get these before the weekend, hopefully tomorrow morning. Had a chance tonight, but it only came through after stores were closed, so no mp or wu.

Title: Re: Lending to qualified borrowers
Post by: 🏰 TradeFortress 🏰 on March 29, 2013, 05:06:57 AM
Quote from: kerstone on March 29, 2013, 05:06:14 AM
Srry guys, I meant to buy. He has a great rep, and a post referencing selling. Worked with him before, on a sale, NOT A LOAN.
I explained in my post why I decided to try the loan option when I actually have the cash to buy. I know its a bit confusing. Now I feel like I may have said too much or something. Im not really sure where to draw the line when it comes to discussing transactions. Hope I didn't just fuck up!
Look, I live in the middle of no where, no working vehicle. Nearest wal mart is 35 miles away. No BOA...etc. On top of all this, I am trying to get these before the weekend, hopefully tomorrow morning. Had a chance tonight, but it only came through after stores were closed, so no mp or wu.
Do you have a credit card? Try btcQuick if you do.

Title: Re: Lending to qualified borrowers
Post by: kerstone on March 29, 2013, 05:33:09 AM
Yeah, thats what I'm thinking too. Kinda forgot about them in my bitcoin seeking frenzy!


Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines