We aren't doing anything wrong. We can spend OUR money anyway we want.
First, it's not your money - it belongs to the taxpayers. Second, since you have admitted you don't need it (you spend it on gambling) there is a good chance your benefits will be reduced. |
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I know that he has been reported for Welfare fraud (not by me).
There is nothing wrong with reporting people who spend $420 a month of taxpayer's money on gambling. Take it away from them (since they don't need it for essentials) and give it to someone who does need it. |
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It's a loan, not an investment. If you're not comfortable with the terms of the loan, please don't invest.
If you're comfortable lending some money to a guy with a great track record on a P2P lending site, then please do.
This is a lending forum and we're discussing a lending site. Sounds like what you're discussing is mining contracts. There's a separate section of the forum for that.
No, what I am discussing is you asking strangers to pay for your mining rig. Why not have a bit of pride and pay for a portion of it yourself? You don't have a good record on BTCJam - you have a number of small loans you think will give you a much much bigger one. Scammers do it all the time. Probably why you haven't verified your credit rating on there.  Get bent, chief. If you went through the effort to look at my profile on BTCJam, you would have also seen my extensive investment track record. If you bothered to click on any of the other links I provided or just, I don't know, even google me, you would have found a pretty wide track path I cut across the web. I'm not a scammer. Why are you so hostile? This has nothing to do with pride. Yes, I'm asking strangers to fund a loan on a crowd-funding website. That's sort of the point of BTCjam, in case you didn't catch that, genius. If I had the disposable income to buy it in a fell swoop without getting a loan, that's what I'd do. Thank you for the compliment. My intelligence is important to me! I'm sorry that you aren't bright enough to realize btcjam doesn't have to be all or nothing... you could have saved up a portion of the funds needed and then asked for the rest. Here's what is going to happen. You've made several loan requests for small "reputation" amounts, slowly getting larger. But you jumped too much this time, it scared investors, and your loan will probably not fund. Soon after it doesn't fund, you will create another loan request for a smaller amount. You will work your way up until you can scam as much as possible. I've seen it many times by people whose identity is well known. This is textbook, and not worth any more of my time. Just remember my prediction!  |
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It's a loan, not an investment. If you're not comfortable with the terms of the loan, please don't invest.
If you're comfortable lending some money to a guy with a great track record on a P2P lending site, then please do.
This is a lending forum and we're discussing a lending site. Sounds like what you're discussing is mining contracts. There's a separate section of the forum for that.
No, what I am discussing is you asking strangers to pay for your mining rig. Why not have a bit of pride and pay for a portion of it yourself? You don't have a good record on BTCJam - you have a number of small loans you think will give you a much much bigger one. Scammers do it all the time. Probably why you haven't verified your credit rating on there. |
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Go for broke!  How would one get those bumps on the head? |
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How do people like this think their smart? Like is their an over 18 rule on this forum?
I like how you misspelled "they're/there" twice while complaining about someone else's intelligence.  |
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http://www.asicrigs.com/I'm getting the cheapest one. I've overpriced the loan in case it only hits the 70% funding point I can still grab the order. Ah, so you want the lenders to finance 100% of the rig, so you have zero risk but make all the profit. |
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Move to Gambling section please.  |
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he will skip the first time formalities and get this thing out of my mouth.
That's what she said! |
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Pretty sure the buyers (bidders) are scammers as well. I discovered a flaw with Ebay's Buyer/Seller protection awhile back while buying and selling BTC.
The buyer will get his money (and disappear with it), and never send the unit. The bidder will then be refunded his money via protection. Making Ebay/Paypal the guys that lose out while the scammers run off with the free money. Note the very low rating of the seller and bidders. They are burn accounts.
I was right in the middle of reporting it when it disappeared.  |
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I plan to take his deal, after I secure a set of two physical ltc from smoothie.
Just want to point out the obvious that if you physically ship me two LTC coins, I won't be able to help you repay your loan early by selling some of the LTC, without "breaking" one of those coins. |
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Might be a noob question, but would proof of an ebay business count for loan legitimacy? I have an ebay store with 500 listings and 300+ feedback. Been a member since '08
How would that get my $600 back if you defaulted? No idea, I just saw others using it. It shows identity. I also will not default. That's my word, but it doesn't count for much on the internet. I'm fiending for some usb miners! To put it bluntly - I don't care who you are. As long as I have collateral, you have your loan. |
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I've finally decided to bite the bullet and get a mining rig. I've spoken directly with the company, and they've indicated that if I purchase now, I can expect delivery the first week of August. According to the profitability calculator, I should be able to repay the loan within 30-45 days in full. I have, however, set the term of the loan to 365 days so as to allow for comfortable repayment of the loan should the device flat out not work. Assuming that the rig works as advertised, expect early repayment. If it doesn't, expect prompt payments on due dates. https://btcjam.com/listings/5695About Me: I run SiliconANGLE, an enterprise tech network that was one of the first to report on Bitcoin, and continues to cover the space (you can find some of my reports here: http://www.youtube.com/user/siliconangle/search?query=rizzn+bitcoin). I'm an active investor on BTC Jam (I've invested well over 20 BTC in three months), and I have no desire to ruin my good name on the site (plus, like any active investor there, I know what it's like to be burned and don't want to inflict it on others). How much does the mining rig cost? |
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Yeah I agree, but I ask him some ID picture or something and if he scamm me, can I ask to get his IP addresse or something ?
I haven't send any btc yet... I'm waiting of his answer
I got your PM but I am on my phone right now. I will get all requested information to you ASAP. Thanks! LOL - posted under the wrong account. Sorry, I meant to post that in another thread. We are NOT the same person!! A scammer who lies? You haven't posted on this forum in over a month. |
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Yeah I agree, but I ask him some ID picture or something and if he scamm me, can I ask to get his IP addresse or something ?
I haven't send any btc yet... I'm waiting of his answer
I got your PM but I am on my phone right now. I will get all requested information to you ASAP. Thanks! LOL - posted under the wrong account. |
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Might be a noob question, but would proof of an ebay business count for loan legitimacy? I have an ebay store with 500 listings and 300+ feedback. Been a member since '08
How would that get my $600 back if you defaulted? |
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He is saying you are stupid if you give this guy more BTC.
He already scammed at least two people in the past week.
Person requesting and receiving the loan are the same person. |
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I will take Vod up on the lending offer after I purchase the physical ltc. I'm too worried about them selling out really fast. There is a ton of interest in them and smoothie hasn't fully stated that there will be a per customer limit yet. Some people are interested in buying 100+ coins. I'm watching it so closely because who knows, they could be sold out within an hour or two of the post. I don't want to miss out  Like I said the loan is not of dire urgency, but of course as dificulty rises there is a rush to increase hash power so I want to buy more equipment as soon as I can. If there is any other form of collateral you'd be willing to accept in the meantime I'm all ears, or eyes I suppose. Ok, let me know. |
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It does make sense, but again I'm very adamant about buying a set of two physical ltc from smoothie. Thats a first come first serve basis. I literally check the alternate crypto board once every 20 minutes waiting for him to post the sale thread lol. Maybe that's pathetic of me
Well if you find somoene to loan you the money, you might be able to put that stipulation in there. They could hold your LTC until the coins are ready to ship and then they could purchase the coins with your LTC and have the seller hold them as collateral until you repay the BTC... or the lender could purchase the coins and hold them as collateral. That's all up to the lender of course, but it could happen. I would certainly purchase the physical LTC for him, provided he paid any fees above the LTC cost of course. Doesn't matter to me as long as I have the 200 LTC until the BTC loan is paid off. |
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I'll do this 6btc loan for you repay 7btc in 3 months. 200LTC as collateral. That's a VERY slim collateral margin for me, but since the collateral is a cryptocurrency, I am willing to take the risk.
Very slim? I think you exaggerate. pre BTC-E: BTC/USD -79.84 * 6 = $479.04 LTC/USD - 2.68 * 200 = $536.00 I'm not exaggerating. BTC/USD -79.84 * 7 = $558.88 LTC/USD - 2.68 * 200 = $536.00 I'd actually be at a loss if you decided not to pay back. |
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