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Title: Question Post by: Cyt6000 on August 28, 2013, 04:59:08 PM Would it be acceptable to ask for a 0.37BTC loan in order to buy the
Title: Re: Question Post by: Vod on August 28, 2013, 06:12:01 PM Would it be acceptable to ask for a 0.37BTC loan in order to buy the Generally, if you want a loan for 0.42, you would need to provide at least 0.5btc of something in collateral. Title: Re: Question Post by: Cyt6000 on August 28, 2013, 06:58:16 PM Generally, if you want a loan for 0.42, you would need to provide at least 0.5btc of something in collateral. Title: Re: Question Post by: monbux on August 30, 2013, 10:38:22 PM That's like asking if you could give me $100 and I'll pay you a few pennies.
Title: Re: Question Post by: marcovaldo on August 30, 2013, 10:43:23 PM Would it be acceptable to ask for a 0.37BTC loan in order to buy the Yes, if you were trusted, and had a better account... Title: Re: Question Post by: Magazine on August 30, 2013, 11:27:55 PM Bitcoin doesn't really count as collateral unless you was asking for something like a Litecoin loan but even there you have pretty much zero Bitcoin. Also your USB Miner will never ROI so it would be impossible to pay back.
Title: Re: Question Post by: monbux on August 31, 2013, 01:21:57 AM Bitcoin doesn't really count as collateral unless you was asking for something like a Litecoin loan but even there you have pretty much zero Bitcoin. Also your USB Miner will never ROI so it would be impossible to pay back. It can count lol, 0.42 loan and they send 0.50 BTC to you as collateral :P Title: Re: Question Post by: Magazine on August 31, 2013, 01:23:17 AM Bitcoin doesn't really count as collateral unless you was asking for something like a Litecoin loan but even there you have pretty much zero Bitcoin. Also your USB Miner will never ROI so it would be impossible to pay back. It can count lol, 0.42 loan and they send 0.50 BTC to you as collateral :P Haha, I will offer loans like that all day everyday. Offering 1 BTC loans, only have to send 1.2 BTC collateral. Title: Re: Question Post by: nimda on August 31, 2013, 04:25:00 AM One of the things people miss all the time is this:
If your investment fails, how will you pay back the lender? Because if you have no fallback plan, it's less risky for the lender to make the same investment himself. Title: Re: Question Post by: posormo on August 31, 2013, 04:47:00 AM One of the things people miss all the time is this: If your investment fails, how will you pay back the lender? Because if you have no fallback plan, it's less risky for the lender to make the same investment himself. umm day job? ::) Title: Re: Question Post by: Rannasha on August 31, 2013, 05:02:18 AM Would it be acceptable to ask for a 0.37BTC loan in order to buy the Would infinity be too long? Because unless difficulty stops rising the way its doing, against all expectations, a USB Block Erupter isn't going to mine 0.5 BTC over its lifetime. Title: Re: Question Post by: nimda on August 31, 2013, 11:47:30 PM One of the things people miss all the time is this: If your investment fails, how will you pay back the lender? Because if you have no fallback plan, it's less risky for the lender to make the same investment himself. umm day job? ::) Yeah right. Most of the loans in here cover amounts that should take a day or two of working at minimum wage to obtain, which is less time than BTC -> USD -> BTC takes. |