And it only took 12 pages!

FWIW the negative rep they left you is kind of an unwritten guideline the community has adopted recently. If you've seen those "Don't feed the bears" signs at some national parks, the idea behind it is similar. We don't want to attract any more scammers than there already are with offers of uncollateralized loans. Compared to a couple years ago, hardly any scams happen anymore in the Lending section, and we'd like to keep it that way

IMHO though, the neg rep might be a bit much, unless you're knowingly handing out BTC to known (or obvious) scammers.

I told him that I'd remove my neg trust (which included his full info in the comment) once he paid back TBL. So in keeping my word, I did. I didn't count on everybody else removing theirs as well.

I'm not a huge Verotel fan since they went with that stupid "ticket" system back in like 2005 or so. When CCBill adopts Bitcoin, that might be newsworthy.

He's referring to Wells Fargo's "Sure Pay" (IIRC), which is reversible. Cash deposits are generally not, unless you have a hookup with the bank manager.

Pick whatever random coin happens to be on the uptrend for this particular week, and that's what people will vote for.

TBL, please keep us updated.

And people complained about my 10% interest rate

Taking bets on who is going to get scammed in this deal

I can provide this loan at a fraction of the interest rate. I only need 4%, so a payback of .16 BTC is fine. You'll need to send 171 LTC collateral though, but you'll get this back as soon as you pay your loan back. This is quite a bargain for you since you'll be saving 1.84 BTC in interest!

Shall I generate an LTC address to deposit your collateral to?

Yeah man, this doesn't look good on your part. You're asking to borrow $8 in order to build a system that is designed to leave you holding potentially large sums of other peoples money?

...wishes to remain anonymous. Discretion is paramount. But seller has to provide his ID? WTF?

This does indeed seem to be a recurring theme: Register a new account. Post up a WTS/WTB thread immediately afterwards. Log out and never sign back on.

Anybody selling the first-run error coins? Either individual or the box set.

I'll be happy to hold coins in escrow while funds are verified and cleared.

A 2011 member and you need to borrow .67 BTC... man, that's just sad.

I like how they tried to make it look like a lot of different people were investing in the IPO when it was clearly a single person manually funding it himself. Every transaction is almost perfectly spaced out by 2-3 minutes. There's no transactions that happened near-concurrently as you'd expect to find had this been a normal organically funded IPO.

Welcome to 2011. He's also an alt of the user Oldminer.

Brute-force and highly inefficient. First, you take the hit of exchange fees to sell your coins. Next you take the hit when you withdraw your coins...and you have to do this TWICE. Once to convert your altcoins, the second to convert back to altcoins after you're done. Oh yeah, should the alt happen to skyrocket during that time, you're SOL when you go to buy back in. You can avoid all this by simply using your altcoin as collateral and you get back ALL of your coins after the loan is settled.

After some more thought, I changed up the OP to make the interest rate a sliding scale depending on the amount of loan, since at the upper end of the loan amount, a .5 BTC repayment would indeed be a bit much.