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Title: [Closed] Post by: eviltt on February 19, 2012, 07:58:41 PM Request: 200 BTC
Duration: 60 days Interest: 15% Total Return 230 BTC Purpose of the Loan: To grow my mining operation by 1600 Mh/s Source of income: Combination of my personal income from work, and mining proceeds. I have had only one previous loan of a much smaller amount admittedly. However I am willing to provide any personal information required including contact information at my place of business. I am a Senior Network Engineer for a major US University. I will provide any requested information. I have already invested in my current mining rig, mining at this moment at 1600 Mh/s. I am waiting for my 2nd 5970 to ship increasing that rig to roughly 2400 Mh/s. Overall goal Grow my mining operations to 4000 Mh/s Title: Re: Loan Application to grow mining operations. Post by: PatrickHarnett on February 19, 2012, 08:01:29 PM Considering. When do you need funds by?
Title: Re: Loan Application to grow mining operations. Post by: eviltt on February 19, 2012, 08:07:24 PM Considering. When do you need funds by? Any time in the next few days would be fine. Sooner the better obviously, however I understand the need to consider this loan carefully. Title: Re: Loan Application to grow mining operations. Post by: hashking on February 19, 2012, 08:52:54 PM I can give you 5 btc but you would have to repay me 5.75. Let me know if this would help.
Title: Re: Loan Application to grow mining operations. Post by: eviltt on February 20, 2012, 01:28:38 AM I can give you 5 btc but you would have to repay me 5.75. Let me know if this would help. Thank you very much, It appears that Patrick and I may have come to terms on an agreement for this loan. I will however let you know if for some reason this falls through. Thank you again! Title: Re: Loan Application to grow mining operations. Post by: PatrickHarnett on February 20, 2012, 03:52:24 AM Funded 200 coins.
Repayment is 240 coins in two months time. We have an additional clause that says if the exchange rate (like gox/usd) increase above $7, the repayment gets pushed out by up to a month. We also discussed the potential for a $20 price, and in that case I might just be very happy to have 200 coins back at $20. Title: Re: Loan Application to grow mining operations. Post by: eviltt on February 20, 2012, 04:23:03 AM Funded 200 coins. Repayment is 240 coins in two months time. We have an additional clause that says if the exchange rate (like gox/usd) increase above $7, the repayment gets pushed out by up to a month. We also discussed the potential for a $20 price, and in that case I might just be very happy to have 200 coins back at $20. Loan has been received Thank you very much Patrick! Lets just hope we get to that $20 price :D Title: Re: Loan Application to grow mining operations. [Closed] Post by: eviltt on February 27, 2012, 03:04:41 AM Payment sent back + 5 BTC interest as I have decided to change the direction I was headed.
Transaction ID from MTGOX 8fafe0e75c7ddf2da500188d8720c6c0ca3cc73141934c4d3b94492591368186 Title: Re: Loan Application to grow mining operations. [Closed] Post by: PatrickHarnett on February 27, 2012, 03:27:45 AM Loan repayment confirmed. Thanks for making this an easy loan - better rates for next time.
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