Bitcoin Forum

This is not the right approach to ask for a loan that high for a new member like me so I am cancelling this request
You can still view my original posting below for educational purposes on how not to ask for big loans.

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Hello everyone,

I am a Media Buyer and turn every dollar in 3 dollar by buying traffic for CPL campaigns.

As you can see that is a 300% return on investment (ROI).

The downside is I have to prepay the traffic and get paid for the leads after 2 months.
This leaves me with a cash flow issue.

Therefore I am looking for investors who are interested to loan me money with an 30% interest after 2 months.

Let me give you an example:

1st October 2013: You invest $1000
1 December 2013: You get $1000 + 30% interest ($300) = $1300

There is a cap in the amount of money I want to loan.
The first round I want to start with an investing round with a $20.000 (twenty thousand) limit.

This is because I can't do unlimited leads per month so it is no use for me to scale unlimited in advertising.

So here's the final deal.

Max. investment budget: $20.000
Aim budget: $5000
Minimum deposit to participate: $500
Term: 60 days
Interest: 30% after 2 months


How do I plan to pay you back?
I work as a freelance PHP developer and have 2 big clients.
Here is proof of my monthly income from these clients along with my company name:
http://pressclick.nl/dev/screenshots/earnings.png
http://pressclick.nl/dev/screenshots/earnings2.png

This month I have spent $4000 to earn $8000 since september 1st 2013 (proof available).
I spend around $250 per day on media buying so that means I will spend another 12 x $250 = $3000 for this month.
Let's say I have a ROI of 200%, that means I earn $6000 with the $3000.
I will totally have spent $7000 by the end of the month september 2013 and earn $8000 + $6000 = $14000.

The payment terms with my affiliate partner is NET60, that means I get paid 2 months later. That would be end november, beginning december 2013.
That means that my ability to pay you back is already secured.

However by the end of this month my budget is almost depleted and in order to keep the cash flow going I would need another $7k to spend the next month October.
Offcourse I have my income as a freelancer which is about 4k/5k euro per month but I also have costs like rent and take my girlfriend out for dinner and shopping and stuff so I need approximately $5k to keep spending $7k in advertising in a month. If I can get more that would be great off course so I can scale up and generate more revenue.

Eventually I have enough earnings and to overcome the cash flow issue and I won't be needing investment anymore. This is the first round and there will probably be a 2nd round maybe in the next 3 months.

Proof of funds
http://pressclick.nl/dev/screenshots/earnings.png
http://pressclick.nl/dev/screenshots/earnings2.png
- More detailed bank statement
- Skrill transaction history
- Facebook billing statement (proof of spending)

Proof of ID/address
- Driver's License
- Passport
- Tax form
- UPC bill
- Phone bill


Collateral
- 106 Litecoins

My Home PC
- Intel Core i7 Pentium 3770K
- 16 gb RAM
- Radeon HD 7900
- 256 GB Samsung SSD

My Work PC
- Intel Core i7 Pentium 3770K
- 16 gb RAM
- 128 GB Samsung SSD
- 24 inch iiyama

Other stuff
- 42 inch Sony Brava LCD Flat Panel
- Samsung Galaxy S3
- Reseller hosting (200 GB HDD, 200 GB Traffic, NL based)


Please note:
I'm not looking for 1 investment of $20k, I prefer a few investments between $500 - $1000.
If I get $5000 that would be sufficient, if I get more that's just very nice that means I could make more revenue and there's more interest for you to be earned.

I'm looking forward to your participation and if you have any questions feel free to post it here.

BTCJam listing
https://btcjam.com/listings/6931

Please allow me to prove myself and become a trusted loaner.

Hi, I'm a completely anonymous guy on a forum who you've never heard of before.
Please send me $20,000.
Thanks.

Offcourse I'll send ID and other verification documents to the participants. We can even meet in real life here in Amsterdam and have a beer or lunch together at my expenses before we close the deal.

No. That's not going to proof that you you won't default. Providing ID isn't the solution. The solution is proving collateral.

I can fulfill up to 50 BTC of this loan. See link in sig.

Collateral is king, either put up collateral or refrain from asking for loans. ID is not collateral.

But... but... I really want the $20,000.00 and I guaranteed a return of 30%!!

I'm not asking for 1 investment of $20k.
I'm aiming for $5 - $10k because that will give me sufficient cash flow until I get my earnings of my investments which is around $8000.

$20k is the limit because I can't spend more than that in 1 month on media buying because there's a monthly cap on the campaigns I'm pushing.

I have the following collateral:
My Home PC
- Intel Core i7 Pentium 3770K
- 16 gb RAM
- Radeon HD 7900
- 256 GB Samsung SSD

My Work PC
- Intel Core i7 Pentium 3770K
- 16 gb RAM
- 128 GB Samsung SSD
- 24 inch iiyama

Other stuff
- 42 inch Sony Brava LCD Flat Panel
- Samsung Galaxy S3

If people are interested I can make pictures with the collateral items with myself and a date on it.

I work as a freelance PHP developer and have a steady income of around 5k per month which I can show you bank statement proof and invoices associated with payments.

My idea is to show you the billing statement of my Media Buying and to give you an idea what I'm spending the money on.

Any more questions and feedback is appreciated.

Used electronics aren't worth what you think. If these items were accepted, are you prepared to ship all those things to the potential lender for the loan duration?

What kind of collateral do people use to send over?

Alt coins are one thing; something easy and cheap to ship, items with real resell value and quick to sell.

Title to a vehicle, House title, stuff light weight and has a fairly non risky resale value. Sorry for teh trollolling earlier.

Well, the collateral will be hard because I dont have anything else worth that much that is quick to resell.
And if I would, then I wouldn't be needing a loan because I could resell the collateral right?

I probably have to work on my reputation first before someone is willing to loan me these investments :)

You are correct. Reputation alone still won't guarantee a loan, especially a large one. With collateral, you can increase both your reputation and odds on getting substantial loans.

Are you like just, directing traffic to micro-niche sites/items to sell, using clickbank or something?  Cause anyone can do that.  If you are running online campaigns, buying traffic, you should know that nothing is a guaranteed 300% ROI.

I'm directing traffic to CPL campaigns which require no item selling. For example dating or sweepstake. That's why it's called Cost Per Lead, and not Cost Per Action.

I know it's never guaranteed but I have been optimizing and switching to keep it at 300% ROI.

Eventually the campaign I'm pushing will drop in ROI overtime that's why I use multiple campaigns and I can create new campaigns myself about any product (i.e. Playstation 4) and rotate them. Once a campaign reach a certain threshold, I pause them and switch.

Hey BCL,

I know this is off topic, but is www.plus500.com able to trade BTC? I didn't see it on the main page.

Hi peon,

Yes, you can go long and short with BTC.
Click here for the Plus 500 BTC/USD page (http://www.plus500.com/Instruments/BTCUSD?id=66820&pl=2)

Take a look at my BTC profit calls:
http://pressclick.nl/dev/btc_profit.png

There is 1 important tip: all BTC positions close automatically every last day of the month. So keep that in mind when opening positions near the end of the month.


As you can see BTC/USD just dropped $7 last 24 hours. This $5-$10 drops occurs very often. Trading BTC/USD at Plus500 has a leverage of 1:10 which means you could make $500 with a Short position worth $1000.

That equals 100% interest in 1 day.

It's so easy to direct traffic and get leads...  I know tons of PTC sites and PTS sites..

Absolutely, it's very easy once you know which traffic sources are good and which campaigns convert best.
The differnce is the ROI, some people are content with small ROI, I want a minimum of 200%.

I don't understand why you need a loan.    ???

Use your own money - the money you have made from your 200% ROI.

I get paid NET60, that means I everythinig I earn in the month September will be paid around 31 November/1 December.

For example; I spent $4000 this month and I have $2000 left, that means I wont have enough funds to spend another $6000 next month October.

This is only needed in the beginning after I got paid 2 times or.

Dude.  Show your girlfriend your proof, and she should let you cut back on the dinner and shopping for just a few weeks until you get your big paycheck.  It's infinitely better than begging for money from strangers, don't you think?

There is also your friends, your family, your work, your bank, etc.  Show them the proof.  Any one of those would jump at the chance to make 30% interest.   Give the interest to someone you know in real life.

There is no reason you should be asking for a loan (from strangers) when you have a 200% ROI.

Actually I did go to the bank and ask 2 of my family. Neither relatives have spare money and the bank needs annual balance documents of my company and I'm not sure if that would be sufficient but I will try it but it takes a couple weeks maybe months.

The girlfriend thing was kind of a joke, it doesn't cost more than maybe $300 a month so that's not really a big drain. It's just the fixed monthly costs.

I just wanted give it a shot here even though I don't necessarily need it.
About the "stranger" thing, it is quite ironic because I personally see it as an opportunity to prove myself to be a trusted person to do business with.

I am here to stay for the long run and I am waiting for the moment that someone takes the risk to loan me and I can make him happy with a nice interest and earned myself a little reputation here. My first loan of 1 BTC was completed this morning within 12 hours at BTCjam (https://btcjam.com/listings/6928) and it feels quite good. And it feels even better when I have paid them on time.

Giving is quite gratifying, everyday when I leave the tram I give my 1-hour ticket (which is still valid) to someone waiting in the stop so the person can use it for free. You know how that feels?

Let me give you an "idea" of what an increase in starting budget  does with the total profit in a year:
http://pressclick.nl/dev/screenshots/roi.png

Be careful. Next Vod is going to ask for proof you have a girlfriend, stating that it helps you gain credibility on the forum so you must be lying.

I'm not kidding. You can read the $hit show right here:
https://bitcointalk.org/index.php?topic=294472.0 (https://bitcointalk.org/index.php?topic=294472.0)

Basically Vod troll starts out as benign and before you know it, it's guilty until proven innocent. The asshat posted negative feedback because I wouldn't let him talk to my friend after he accused me of lying.

You've been warned. Vod is a stinkin, lying, troll. Keep well away from him, and do not, under any circumstance feed him.

The only person that has lied is you.  I'm sure everyone can see that.  

Only in your mind would you think a girlfriend is the same as a lawyer.  Look Andrew, you've been amusing the last 24 hours and helped my programming fly by, but you have to start posting intelligent comments, or your ignore button is going to get very orange.   :(  If you continue to stalk me, you'll be talking to yourself.

Your baseless accusations are laughable. :D

You can write the same lies about me over and over, that does not make them true. Apparently you have not learned your lesson.

Being a script kiddie doesn't make you a programmer. If you can't handle the heat, you shouldn't play with the fire. Didn't your mother teach you better?

You think you can keep posting false negative feedback on my account and get away with it?

Don't worry. Payback's a bitch. It's coming. :)

This script kiddie will be retired in a couple years by age 45.   :D

I can handle whatever lies you spew.  I'm only concerned about annoying other forum members by your posting in every thread you can.  Try to think of someone besides yourself and understand no one else cares about the disagreement between you and I.

First time on an internet forum I guess.   :-\

A 40 year old loser having to brag about how he might retire at 45. Can't say I'm surprised. :/

You, concerned? :D I might be fooled into believing you if you handn't threadcrapped all over i3lome's borrowing thread.

All you care about is yourself. Looking at all your posts, all you do is post negative things on everyone's borrowing posts. All you do is insult people. >:(

Stop posting negative feedback about things you think might be true. Your lack of logic shows more with every turd you post.

Apologies to BitcoinLeader for the interruption.   :-\

This chapter is closed, all has been said and done with this scammer.  I'm the better man and moving on to others.

:D :D :D :D :D :D :D :D :D AND THE LAUGHS KEEP COMING!

Just a few posts above you accused OP BitcoinLeader of begging for money from strangers on here, and then told him there was no reason for him to be asking for a loan on this forum! Talk about a two face! :D

Sadly this is Vod's modus operandi, he just loooooves berating borrowers and anyone who is in talks to lend to them.



Moving on to other what, other victims to troll Vod? Your caught, troll. You trolling services are no longer needed. Be gone, out with you! #vodtroll

TL;DR
So I send you a $6000 check in january 2014, and you send me back a check of $162000 in december 2014.
Did I understand right?  ???

If I did, all I have to say is that you must be completely insane to still be working as a php developper. ;D

Actually, No...I'm sorry to dissapoint you but That's my profit ;D I keep it however I do give a 30% interest of your investment to you after two months.

So if you invest $1000 there are 2 options:
- I give you $1300 back two months later.
- I give you $650 the first month and $650 the 2nd month after.

The reason I'm still working as a developer is that I just started doing Media Buying since 1 september 2013.
There is a good chance I won't be needing to develop fulltime anymore next year.

Today I heard my brother is interested but he needs a month or two before he has funds he can spend on investments, so that's good news.

Ok, I'll try again.

I'm giving you a $6000 check on january 2014, you send me back a check of $28960 in december 2014.
Am I right this time?

If I am, why would I let you get off with a $133039 profit, using my money, when I only make a mere $22960 for taking the risk?

I'm sorry to confuse you by me not being complete in my initial opening post.
The lending term is not 1 year but 2 months.
I have updated the opening post with the term:

The screenshot I provided is a forecast to give you an idea what I will do with the money and why I want to loan.
Hope this make sense to younow.

It looks kinda funny indeed. Because I first asked for a 10 BTC loan and then I figured that would be very hard to complete with no reputation at all so I started these small reputation loans increasing every step and that works pretty well I must say.

I managed to get 6 micro loans within 2 days. My current loan request is displayed in my signature. I would be grateful if you read this and take the time to support me in building reputation at BTCjam.

Here is how this scam works.

I hand you $1, you hand it back - see you are so trustworthy!
I hand you $5, you hand it back - see you are so trustworthy!
I hand you $10, you hand it back - see you are so trustworthy!
I hand you $20, you hand it back - see you are so trustworthy!
I hand you $40, you hand it back - see you are so trustworthy!

I hand you $1400, you run.  bye-bye.

That would be possible but in my position that would be just plain stupid unless I have stolen someones identity with:
- forged ID card
- forged utitility bill
- forged PayPal
- forged LinkedIn, Facebook

It's not really hard to find me if you read the listings, my name is quite unique so I wouldn't get away with it (unless I've stolen someones identity).

I see you have now opened up another BTCJam loan - This time for 5BTC.

This is a classic rep and run loan scam.  I have seen it 100 times. 

No one can use your information (even if it is real) to collect a debt against you.

There is nothing that can be done.  It doesn't matter how much documentation you provide.  All of it is worthless.

Yes, that's true I opened a loan 5 BTC and you are probably the one who left a comment to warn people. Well thanks for that (not). You're not really helping with me prove my trustworthiness like that.


It might look an classic rep and run loan scam, well I'm here to prove otherwise. And if I did prove myself to be trusted then I would appreciate it if you apologize that you mistakenly see me as a scammer.

You know what they say: honesty is the best policy

Reputation loans do not prove trustworthiness.

Nope, they actually decrease trustworthiness. 

Sorry, but I had to leave negative rep.  Too many red flags with this loan request and the simultaneous loans on BTCJam.

Do they? Maybe to you. Why do all the big loaners have pages full of reputation loans?

If you find a user with a loan of > 10 BTC without reputation loans please post it here or let me know.

About the negative rep, that's sad, what do you want me to do to remove it? If you're really honest about giving rep you should allow me to work on it.
If it's about the 10 BTC and 5 BTC loan, I'm willing to delete the listings and start lower. If you just give negative rep because of the reputation loans thats kinda weird because there are dozens of BTCjam users with reputation loans. That wouldn't give your reps credibility.

Ok Vodd & smracer,

I totally understand now why you picking on reputation loaners after reading this sticky of Kluge just a minute ago:
https://bitcointalk.org/index.php?topic=75742.0

Even though I fit the pattern I have no intention to scam.

I do care about reputation so that's why after reading this sticky I have deleted my reputation loans on BTCJam and I will decease the request in this thread on asking for a 20K BTC loan.
That's just too much for a new forum member like me.

I also removed my signature advertising my BTCjam listing.

Now I kindly want you to ask to remove the negative rep so I can just starting building REAL reputation.

Thanks in advance,

BitcoinLeader

Vod the troll strikes again.



His MO is to leave bad feedback first, ask questions later.

The only way to deal with an evil troll like Vod is to give him bad feedback back. He is a fool and liar, and nothing else will teach him except tit for tat.

And don't try reasoning with him. He doesn't care. He just likes to start $hit with people no matter what.

I got confused by the nice excel screenshots and my own drooling, sorry!
I guess all ends well, since you backed off.
Be brave, PHP ain't thaaaat boring, after all.  ;D

I rephrased that a bit for you, but I'm sure that's the bottom of your thoughts.
Right?

Well, he's got a point because you should be wary of these offers even though I really do offer these unbelievable terms.
I'm not making it up, this is what I do and here's proof of my spending:
http://www.pressclick.nl/dev/screenshots/facebook_billing.png (http://www.pressclick.nl/dev/screenshots/facebook_billing.png)
http://www.pressclick.nl/dev/screenshots/skrill_transactions.png (http://www.pressclick.nl/dev/screenshots/skrill_transactions.png)

But I have no reputation at all at this forum so it's useless for me to be asking such high loans. I was thinking I'm gonna be the difference but did not foresee people like Vodd are protecting this community from scammers. And in a way this is good.

I should just build up genuine reputation with helpful posts and actions and not by reputation loans and only just stay in the Lending subforum. I don't need the loan, it would just be a nice boost in my earnings but I have to be patience and probably one day I am eligible for such loans but by that time I probably don't need it anymore.

Of course you do.
Anyone having a 300% ROI source would come and beg for money here, while working as a PHP dev.
I know I would.
Or... *ponders*... Would I ?

This is my first month and I get paid 2 months later, that would be beginning december.
I've spend $4000 in 20 days already so I'm not gonna keep up with the same daily spending rate for another 2 months.
Liquidity issues is quite common in the Media Buying scene.

But you're right about asking for loans here. I shouldn't have done it without some proper build reputation on this forum.

Btw, I saw you left me a negative response too. I acknowledge your rep-loan building pattern and I learned it from other people at BTCJam but I didn't know it was "not done" until I read Kluge's sticky.

I want to ask you kindly if you are willing to remove the negative response as I acklowedge that you shouldn't use rep-loans to build reputation, instead you should contribute genuine efforts in this community.

Hope you can do it.

Best regards,

BitcoinLeader

BitcoinLeader,

You seem to be able to reason without resorting to insults and lies - I would be willing to give you a second chance.

Contribute to the community for a couple hundred posts, then remind me and I will remove your negative feedback.  You simply cancelling your loans does not automatically reinstate the trust you lost during your actions.  Your negative feedback will not hurt you in your day to day interactions on this forum.

Just remember, reputation loans make you look like a scammer.  Ask for what you actually need, and provide collateral if needed - that way you'll get your coins and build reputation at the same time.

You may also want to lock this thread if you no longer need it.   :P

Vod is acting like an ass, resorting to manipulation to try and control this forum.

Even after it was evident Vod was wrong about assuming I was a scammer in regards to a loan to i3lome, he refuses to remove the negative feedback he placed on my trust profile. It's very clear I never lied about anything. Hell, I'm the one lending the money, taking all the risk, not trying to borrow anything from anyone. Yet Vod likes to smear me by placing neg feedback saying I'm a "possible ID thief." No proof, just accusations from an ignoramus.

It takes a small mind to not admit you were wrong, when presented with evidence of the contrary.

Apparently Vod likes putting negative feedback on people's profiles because he thinks it makes him look better, like some sort of authority. This would be nice if he did it in a FAIR manner, and removed it when it's OBVIOUS the person is not a scammer.

It's time Vod acts like the man he says he is and stops being stubborn.