Bitcoin Forum

Economy => Lending => Topic started by: badgerman on July 25, 2013, 10:47:37 PM



Title: 3btc loan: 48 hour return!
Post by: badgerman on July 25, 2013, 10:47:37 PM
I got in contact with someone who has 19BTC that he wants to part with at $60 $65 each. Ive bought from him before so i know he is trustworthy. He had a load that he bought when they were only a few dollars each and wants to just be rid of the last of them. He has agreed to hold off on selling until monday to give me a chance to buy them.

Im looking for a loan of 3btc and this is my plan:

sell the 3btc @ $95 each (mtgox avg is $96.26), giving me a total of $285. This will allow me to buy 4.38btc from this guy, return 3.5 to the lender and keep an easy 0.88 btc for me. Its simple and i imagine it wont take longer than 48 hrs.

*meant $65, never double checked my email before posting


Title: Re: 3btc loan: 48 hour return!
Post by: KingOfSports on July 25, 2013, 10:50:02 PM
You give me his contact info, I buy all the coins at $60 each and I'll give you 1.5 BTC. Don't feel like calling you a scammer but I'm sure others will soon to post that. Your offer is too good to be true.


Title: Re: 3btc loan: 48 hour return!
Post by: badgerman on July 25, 2013, 10:54:48 PM
Understandble, but i lose out more if i give you his email, how to i know you wont just take the coins and give me nothing?


Title: Re: 3btc loan: 48 hour return!
Post by: KingOfSports on July 25, 2013, 10:59:27 PM
Understandble, but i lose out more if i give you his email, how to i know you wont just take the coins and give me nothing?

Check my reputation thread link in my signature. I follow thru with all my purchases. I would not send first however to some stranger offering a very good price. He would have to have extensive trade history for me to consider it.


Title: Re: 3btc loan: 48 hour return!
Post by: badgerman on July 25, 2013, 11:01:23 PM
well he was willing to escrow so.. anyway if i cant get money to it myself before monday i will pm you and pass the email on


Title: Re: 3btc loan: 48 hour return!
Post by: KingOfSports on July 25, 2013, 11:02:18 PM
well he was willing to escrow so.. anyway if i cant get money to it myself before monday i will pm you and pass the email on
Sounds good, let me know.


Title: Re: 3btc loan: 48 hour return!
Post by: cheesylard on July 26, 2013, 02:28:52 AM
Why would he sell for $65? He can go on OTC right now, find a reputable buyer and get market price minus ~5% for them in minutes  ??? ???


Title: Re: 3btc loan: 48 hour return!
Post by: Tomatocage on July 26, 2013, 03:10:31 AM
Badgerman, you're still at this? ::)