Bitcoin Forum

Hey all, I would like to borrow .5 bitcoin, I would pay you back within 1 week, and give 10% interest

The reason for this loan is, I'm trying to help my mother pay for the bills, her husband (my stepdad) and her have recently broken up (not complaining, he was a pretty abusive guy). I don't have a job at the moment, but I'm selling my Playstation and laptops to earn money back. I know that this probably doesn't mean much to you, and I'm a new user to this website also, so it's slightly hard to trust me. I wish I found out about bitcoin talk sooner, but I'm pretty new to the bitcoin scene in general. I used to sell things on eBay, game accounts and stuff that I didn't need, but my eBay account recently got closed due to a false chargeback on an expensive item. At this time, I'm cheated out of a good $800, have no job to supply myself, and am trying to help my mother who is lacking the funds necessary. I know there is no good reason to trust me at all, because of my short history with this website, but I can assure you, from the deepest spot in my heart, that I will get the money that you loan me (if you lend me money) back to you in one week time.

Like I said, I have not that much history on bitcointalk, I'll be honest. But I'm sorry for that, I honestly wish I could have picked up on bitcoin earlier. I definitely plan on staying in the community and trying to be the best person that I can be. I'm sorry for the emotional-ness of this post, but it would be absolutely wonderful if you could lend me.

Thanks either way, I know collateral is important but I'm not sure what to use

No one will lend you so much if you can not provide some valid collateral

Read the first 2 lines.  Please GTFO, there is no way that you can guarantee repayment.  If you were the lender, would you be willing to take such a big risk?
You've got no money, no means of paying back, you're asking for a donation.

Perhaps use the PS and laptops as collateral? Blatantly asking for a loan without offering some kind of collateral will usually result in a lot of verbal abuse being thrown your way.

I can send a brand new pair of shoes, tv screen, have some books as collateral anything

Since you have no job and your eBay account is closed how do you expect to sell your stuff and get the money to pay me back?

Also, given that you have in fact figured out a way to sell your stuff, wouldn't it be much easier to just sell your stuff and get the money?

Borrowing BTC means you would then have to sell the BTC to get the cash you need, right?  How do you plan to convert the BTC lent to you into cash for spending?

Once you sell your stuff then you would have to convert the cash gained back into BTC to pay me back.  How do you plan to to that?

PM me a list of your collateral and if its appropriate I can give you this loan. You would need to be able to ship your collateral to an escrow and also pay for return shipping.

Yeah, eBay puts a hold on all the funds you get from selling stuff from a new account ):

I guess I would have to sell the bitcoin, and then sell things and wait for eBay to give me the money
to buy more bitcoin to pay you back

You will need to give me definite time frames for each step.

If you could lend me .5 bitcoin to use

Then I would Sell my stuff on eBay (listed as 3 day auction)

Paypal holds my funds for 2 weeks since I'm a new user so after I sell what I need to sell, I buy bitcoins with that money and send them back to you + rate

~2 weeks if you would be willing

(Selling chromebooks and Playstation if you'd wanna know)

You did not answer all of my questions (how converting the BTC to cash, how converting the PayPal to BTC, etc.)

Also, I thought you said your eBay account was closed?  How are you going to sell your stuff on eBay since it is closed?

Oh, I understand now, you have two eBay accounts, right?  The old closed one and the brand new one.  Won't eBay find out you have two accounts?  Isn't that against their TOS?  Won't they just close your second account also?

Im SO sorry, the 360 second rule is VERY painful.

Yeah, the closed one is the one with all the positive feedback (100+ makes selling much much easier than a zero feedback account). And, I just made a new paypal account, i think its all good as long as its not the same paypal account with the ebay account.

I would convert the BTC to cash using local bitcoins and then convert the paypal to btc using virwox (I know theres a lot of fees but, I'll make enough money to cover them.

Isaac,

Given your situation, and forced to choose between two options, which would you pick:

Option 1: Repay a $250 debt.
Option 2: Do not have to repay $250 debt, so long as you agree to stop logging into a certain account on some internet message forum. You can, of course, create a different account on said forum though.

I'm pretty sure I know the answer, but I'd like to hear it directly from you.

I am sincerely asking for a loan

Yes, and assuming you got the loan, which option would you pick?

Option 1 of course

You seem to have more than enough collateral. Send tomatocage (or any escrow willing) 0.7 BTC worth of chrome books (about 3 chromebooks) and I'll give you the 0.5 loan you've requested.

I;d like a list as well.  What country/city do you currently reside in?

I'm sure he just forgot to mention he has 23 chromebooks.

And why dont you go down to your local pawn shop and get CASH for the 23 chromebooks in just about 5 minutes when you can't pay the fucking bills? Eh?

I don't have any pawn shops near by and I don't have a license ):

I would if I could though

I think you are a scammer.

OP, I have a feeling you are going to get some colorful feedbacks soon if you don't come up with a clever story as to why you are unwilling to provide the collateral that you clearly stated you have.

It was fun while it lasted but now that the thread has been moved to lending I am out of here.

Thrash away lending sub-forum gate keepers.

One last comment before I go:  why would anyone lend any money to someone who 1) does not have a job, 2) got their eBay account closed, 3) opened a second eBay account and a second PayPal account, 4) does not have a license 5) has no friends or family willing to lend them money (burned all those bridges already we assume), 6) can't seem to get out of the house in order to find a pawn shop (if you are not motivated enough to do that how the hell are you going to ever get a job) 7) with all that somehow manages to "own" 23 chromebooks?

Dood, would you lend money to yourself with that story?

Let me answer that for him: NO

Op, lock the thread youre not getting a loan without collateral.

good sob story.  even if its true, you said yourself, you have no job.
even if you're not a "scammer", I doubt paying the loan back will be a priority.

I disagree.  I have seen much better.

True, but the abusive step father was a nice touch.

I got the chromebooks as a gift from a job I used to have.

I have had three successful trades so far on here, I can be trusted

Post links to the threads.

You had a job?

That is a pretty good going away gift from your old job. Please do tell more about your previous job...

https://bitcointalk.org/index.php?topic=764105.msg8611284#msg8611284
Well an internship. I got a lot of gifts from google, bracelets etc. they give their interns a very good discount on their products, so I figured I would stock up and sell them on eBay. eBay account got closed, and I can't wait 21 days to get my money from a new account.

Op, just send your chromebook out as collateral, help out your family and get this Q&A ordeal over with.

Most likely they have EXCELLENT trust feedback and/or have collateral. People get scam on here for 5-10 dollars all the time (me included), so why would anyone just give you a few hundred dollars purely based on your words.

My suggestion is, if you still want the loan, work out a way to ship those chromebooks out as collateral.

https://bitcointalk.org/index.php?topic=764445.0

Who would like to be the first to give OP a colorful feedback?

Because they contributed so much on forum and did trade more then 5 BTC,
that is why they are very trusted and people can give them 5-10 BTC easily without collateral.

Simple: they are trusted, you are not.

Where do you live? If anywhere near the Midwest, I'd be able to escrow or buy some of your items to help you come up with the money you're asking for.

Isaac, you're broke now, have no job, and a brand new ebay/paypal account. How do you expect to pay back in a week at a higher amount than you're borrowing? Sorry dude, your sob story needs to be more persuasive than that.

You're also selling 10btc (https://bitcointalk.org/index.php?topic=764471.0), you don't need no loan.

Lol, I just saw that.
He's very confused...not sure which way he wants to go with the scam.
Maybe, it'll come down to whoever bites first...then account gone.

another failed scammer.