Even though the title says non-ponzi, this is cleary a ponzi. Shocking.  Unless the OP can show how he plans to make a profit at those incredible interest rates.... Seems more likely he will wait until he has the largest amount of bitcoins possible, and just disappear. |
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"What are your credentials, references and what collateral are you offering" - What sort of things would help put ones mind at ease?
For collateral, you would have to send something to the lender that can be sold easily for at least $1,200 for every $1,000 you want to borrow. Then it gets sent back to you when you repay the loan. You're not going to get a loan any other way. |
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How about a 4g ipod and foxconn 330i netbox with 256 hard drive 2g of ram.
It needs to be something that a person can easily sell for at least $375. |
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What are you offering for collateral?
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Timezone probably.
My relatives told me that they were warned in advance about this and that military shot down a fairly large meteor and it is just what remains of it falling down.
Rumors. We don't have that kind of technology yet. |
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Why would you send ANY coins to a beta website?
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oh, well, i dont have a reason to scam
Hmmm, you must not be aware that 5btc is worth actual cash then. |
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I don't trust banks.
Why? They make you pay the money back? |
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I might be able to sent a sony TV if the someone who will lend me bitcoins lives in the US.
But furthermore I don't think I have much other things to send.
How much is the shipping cost to Europe?
Though, starting bed was 1btc, so I'm going to call my offer from 1,5 to 1 for now.
Koelen3.
If you live in Europe, why would you ship to someone in the US? With the way BTC is rising, anyone who takes collateral would probably set a price of $25/BTC (I would). That means you have to give up something the loaner can sell for $375, and not something you think is worth $375. If you don't have collateral, you're not going to get a loan. It's much more probable you will just disappear with the coins. |
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Lol wtf, I didn't lend from you.
And I'm still looking for a lend people.
BTW I am no longer interested in making this loan. I have decided that going forward I am never going to lend to anyone that does not know the difference between and how to properly use the words "lend" and "borrow". Just a personal pet peeve. Ah well, nvm. Not because my English is not that good you need to homd off lol. I need this loan for a purchase I need to make. I need to buy it for 15BTC and I get 18BTC from it. It's quick and the buyer will release his coins after 5 days, so I can pay you. This is the fourth time someone has asked - WHAT DO YOU HAVE FOR COLLATERAL? If you can't answer that then just shut up; no one will loan to you. |
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One thing I always ask for before lending coins is a unique picture.
After I get the documents with the person's picture and address, I ask for a photo of them standing in front of a landmark near their home. If you've bought your documents online, you can't produce this.
BTCJam should add this in, although it would require more admin work.
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This will be my first loan sir.
I can provide you with all my information.
I can keep you updated each day how the progress is going.
What do you have for collateral? |
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WoT can be easily manipulated.  |
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I know I am going to catch flak for posting this, however I am desperate. I was recently released from jail on a marijuana distribution charge, the police litteraly took everything from me. I need money to get a online business venture going, to start generating some income. The only thing I own is a 97 dodge dakota, which is useless to me at this point since i have lost my license due to the legal ramifications due to my charges.
I am doing odd jobs and seeking full time employment. I have tried getting a title loan which was unsuccessful because of my lack of employment. I can provide copy's of my passport/birth certificate, or any other state Id that you would require. I also can put my truck up as collateral.
Ive been reading alot of posts on other people asking for loans trying to prove their worth. I understand i am a "noob" with zero credibillity, i will do anything that you would require me to. Up until this point I have remained off the grid, due to the fact i was selling illegal commodity's. A bank loan is completely out of the question, since i have no credit. For the past several years i have paid everything in cash and have no verifiable documentation on banking history so I doubt a bank would give me loan. Part of the money would go to getting my sr22 insurance so i can get my occupational license to help enhance my chances of getting a job. The remaining bit coins would go into a internet venture i would rather not discuss. If anyone is willing to take a chance and help me out i would be grateful. I would appreciate any positive advice or feedback as well. Negative comments and slamming are welcomed as well, as i am sure there will be plenty and could use a good laugh at the moment.
You can get a job at McDonalds or another fast food restaurant TODAY, if you are really desperate. |
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And youtube violate the uploaders' license by putting up their crap on an uploaders youtube video without their permission.
Without their permission? They agree to the terms when they upload. |
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If you're really serious about the other questions, which i'm sure you're not and just being a troll, pm me and well chat.
Actually, his questions are valid and I'm sure anyone who is interested in this idea will want the answers at all. - You would need to provide some guarantee (and not just your words) that you will return the equipment. A lien on property perhaps? - You would need to produce proof of insurance covering the third party equipment from theft and loss. - You would need to show you have adequate power and cooling to handle the equipment. If you are not willing to provide this to the community (instead of just a PM - odd) then no one should take your offer seriously. |
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Why don't you just go to a bank, if you need a usd based loan?
A bank would make him pay it back. |
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Thanks also that $50 is if you catch it in the first 2 days. The website you just posted says that after 2 days you are liable for up to $600.
All discussion of id theft liability aside would a trusted member be able if they so desired to take my btcjam account as collateral?
Dude, practice what you preach. |
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