Bitcoin Forum

Hi there,

This is a massive long shot but i'm here to give this a try.
I am looking to borrow and give back BTC.

Looking for: 1(or more) BTC.
smaller amounts are welcome as well.

This will be used to store for interest in order to raise money for projects in my community(covid/ extra income to people out of work and more) for a month(more if allowed).

I'm already part time employing some people using crypto so they can have bread on their tables.

I have no interest in spending or gambling this away just holding for interest.
I would give the bitcoin back at the end of a specified date as per our agreement. (month to month)

Collateral: I would give all of my personal contact info and information. and updates at will via social media/discord etc. (I'm not going anywhere)
(edit) I have my own crypto that I can confirm 1 to 1 and would sell my car for lost damages up to a large dollar amount should something go awry on my end.

I could guarentee up to 40K with my collateral, maybe more.

Info: I have been in the space for 3+ years.
I manage several and varied crypto accounts with great success and try to extend this success to others.
I have hosted verified events(through the blockchain) as proof of my actions.
I don't have any negative feedback on the forum.
if there is anything I could do to make you feel secure in possibly making this work let me know. I'm an open book and strive to be transparent and honest.

I would be honored if multiple people inquired about this.

Did you even bother to read (https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902) before you post this... Idk how to describe it...
You want 1BTC in your wallet for no reason at all, your collateral isn't worth to talk about it and you will gain interest from somewhere (?) to pay interest. ::)

Like I said this is a long shot. Everyone has more than every right to be skeptical.
if anyone is comfortable with the terms we can continue in private messages.
It may sound silly or funny but i'm a straight shooter. No Frills. with my info it gives the lender a lot of power.
sadly in the crypto verse that isn't a guarantee for all situations.

Wait?  ???
So you want someone to send you 1BTC for you to store, earn interest on it and use that interest to pay for community projects?
Am I reading this right?

Why would anybody do that?

 ;D

There are a ton of risks to be sure, but with me giving a prospective lender the literal ability to interrupt my life.
Ive done what I can with my crypto and resources to help people eat i'm just asking for more with the guarentee it will be returned or I for example get arrested for theft because you would have all of my info. we could hammer out any stipulation to make it work.

So you want someone to give you 7.5K US Dollars just because?

Im lost on words on this subject...  ::)

Crazy right? but I stand by it. if for some reason it were lost I have my own supply as collateral that I could confirm and give readily. wortst case scenario I would sell my car to ensure people were paid back.

Sorry mate but I doubt anyone would be interested in filling up your loan, what you are offering as a collateral is not a valid collateral, and we know borrowing online is too risky, and even if you will borrow at the bank, giving your info is just part of the process which they require KYC but a collateral is something they can dispose in case you will not be able to repay your loan.

I think what you are asking is a non-collateral loan, yes, its possible in here but you need to build reputation first.

Thanks for the advice, I just edited my post. the problem is that im offering to pay people back as opposed to giving them something to hold onto. This is sadly the best I can do. give people the ability to hunt me down and/or sell and give my personal stash to them. I'm very flexible and if there is something I can do or say that would guarentee a deal im game.

Answer me this. Why someone to give you his BTC instead of having them in his wallet? I will suggest to lock your thread and troll elsewhere.
P.S: You should know better since you are not a noob.

Let's say someone in rarest of rare case actually gives you 1 bitcoin loan. How much interest you will gain from it?

At most if you gain 10% interest per year, you will get 0.1 btc per year.

0.1 btc per year = 0.008 btc per month = 0.002 btc per week.

With a full member account you are having, you can just join a signature campaign and make 0.002 btc per week or even more. Why would you then want to go in the way by taking a 1 Bitcoin loan burden and make it so complicated?

I think that you should start with reading what proper collateral is: https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902
Your proposal doesn't look like proper loan request with proper collateral that can be escrowed.

you don't really get it, sorry.. when you offer in collateral in the forum, your collateral should be crypto as well.
Normally when people borrow, you put your altcoins as collateral and usually you put 120% or more as collateral than the amount you will borrow in BTC.

any collateral including car or any properly, I guess you should try to apply a loan in the bank as they will surely not gonna decline you with good collateral.

in the forum like we are now, things are just simple, we don't have any contractual agreement here like in the physical world.

I assure you this is not a troll. I asked a simple question and i'm getting fairly decent answers to the simple question. like I said, I can guarentee replacement of a coin should something happen to it. Along with my actual info there is no where I could run or disappear. As far as why, if you don't ask the answer is already no. maybe someone would have a wild enough hair to give it a go. Who knows. *shrugs*

I don't want to name my crypto collateral because I don't want to become more of a target than I already am without going through PMs. (I have had multiple login attempts that I suspect involve people trying to guess my credentials on other sites)

As for the percentage part, that makes complete sense. However, even one or two days with a larger ammount of BTC would guarentee a few dollars here or there then I could return it. as opposed to a loan which would hit my credit and initiate consequences i'm not interested in at the moment when I could try and strike a deal.

Anyway thank you for the responses. :)

Funny.   Most people don't reveal the collateral because it's worthless and they hope for a newbie.