Yes, I believe in God. Right question should be, do we believe in God as something outside of this world, very distant from us, or we believe in God as our Heavenly Father, someone who cares for us and wants to help us, to solve everyday problems? I personally believe in God as my real Father, someone who protect me and guide me in my life, someone who love me so much as his child. It's completely different level than just have some idea that God maybe exist but this fact have no connection with my own life. What do you think?
According to my rabbi and many respected contemporary torah experts, God is a more objective nonpersonal being, but he can transcend the distance and be personal too if you are chosen by him.
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You can donate yout bitcoins to my Synagogue, I am persuading the rabbi to accept BTC, it will be the first Synagogue to accept BTC.
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Just read the Torah and see plenty ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I see many nazis in this forum, but I pray to Elohim to give wisdom to them and maybe we can live in peace and prosperity.
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Well, Israel needs all the help she can get.
Yes I pray to Elohim frequently to give strenght to Israel and my people.
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Yes I believe Elohim is the God of my people, and I pray for wellbeing and health and for my sins to be forgiven.
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The ease at which 'escrow' accounts can be purchased or proxied/etc. nullifies the use of escrow as a safety measure. A malicious 'lender' could control or have an accomplice control this trusted user account - this way, someone would send the escrow collateral, which would then end up in your hands - leaving them with nothing, and at a loss.
Ah c'mon why the fuck is everyone against me, are you antisemitic nazi or what? How can everyone conspire against the partner, you make no sense man. You can pick the escrow if you want... Is that good enough for you? דרײקאָפּ ,פֿאַרבלאָנדזשיט
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I have 0% risk with this method. You have 0% risk with this method. All risk is contained to the end-borrower. I take 50% profit because it's my money you are using. [/size][/color]
Call it rental or partnership whatever. The point is that we both benefit
wrong, you have 0% risk in this method but this is risky for anyone that would like to borrow money from you to start lending. you are asking for collateral and what could happen once you get the collateral? what is stopping you from selling the collateral and run away? My partner would also ask for collateral from his borrower. And for my part we could use escrow....
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People are not lazy to understand nothing here. If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making. They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking?? You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses. Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.I have opened new thread for interested lenders to borrow funds for lending. The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding. Here is the thread link: Knight & Day Commercial Loan ServiceStop advertising your own lending service here and calling me scammer when you dont have the brains to understand my proposal. Sweet Moses, are people really this stupid? You are a פּוטז Lemme break it down again:
I have 0% risk with this method. You have 0% risk with this method. All risk is contained to the end-borrower. I take 50% profit because it's my money you are using. Call it rental or partnership whatever. The point is that we both benefit. !שָׁלוֹם
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If someone has the amount of collateral you require they could just sell the collateral and not owe you 50%. This is a horrible buisness model that will NEVER work
No, they give me 50% of the profit not the capital lol. If they have the collateral but the collateral is invested in altcoin, and they need BTC to lend, then my funds are useful. I will have to draw a diagram because you people still don't understand my proposal! I understand that but your proposal is simply put ludicrous. You're basically asking lenders to take a loan, which they will use to lend to others. No, it's not a loan, it's a funding. I pay my partners (to not use worker word anymore because some people misunderstand it) 50% of the profit on the money (invested) they dont have, which I will provide. It's an investment for both of us. ----------------------- I really have to draw a diagram of my system because you guys simply are too lazy to read and understand the first post and talk nonsense here.
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If someone has the amount of collateral you require they could just sell the collateral and not owe you 50%. This is a horrible buisness model that will NEVER work
No, they give me 50% of the profit not the capital lol. If they have the collateral but the collateral is invested in altcoin, and they need BTC to lend, then my funds are useful. I will have to draw a diagram because you people still don't understand my proposal!
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Lending nowadays is small scale, like 0.01 BTC loans. I really dont have time to give out 10-20 loans daily, I have other investments to take care of. This made me smile ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , can see that you are not familiar with the local market. People who ask such amount usual It has absolutely nothing to offer as collateral except their account. 10-20 loans day ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) that total loans granted during the week of all lenders in this forum, and most -99% from them with forum account as collateral or without, only with a basis of trust. and with this rule : Altcoin or other good collateral only that covers the btc I give you (no forum account accepted) The collateral ratio will be 120-150% of the lent out amount you are not tired at all, because very lucky if you get at least one borrower in in the quarter or half year. Other things you not mentioned , that all collateral must be stored by trust escrow. Anyway Good luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Sorry that is not my business model, i cant really give out loans with no guarantees, because of the amount of scammers and account sellers on this forum. Lending nowadays is small scale, like 0.01 BTC loans. I really dont have time to give out 10-20 loans daily, I have other investments to take care of. This made me smile ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , can see that you are not familiar with the local market. People who ask such amount usual It has absolutely nothing to offer as collateral except their account. 10-20 loans day ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) that total loans granted during the week of all lenders in this forum, and most -99% from them with forum account as collateral or without, only with a basis of trust. and with this rule : Altcoin or other good collateral only that covers the btc I give you (no forum account accepted) The collateral ratio will be 120-150% of the lent out amount you are not tired at all, because very lucky if you get at least one borrower in in the quarter or half year. Other things you not mentioned , that all collateral must be stored by trust escrow. Anyway Good luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I will agree with Zazarb. Its hard to even found borrowers with 110% collateral and you say 150%. Its almost impossible here atm... The fact that you will hold any collateral from your workers, its not safe for them. You have no history here, no backround to "trust" you, nothing. To use an escrow with good Trust rating, its better if you continue with this "idea" of yours. Also, to propose to your potential workers that is for their benefit to work for you because their portofolio will increase with your funding is not entirely true and we all here know that... P.S. You ask for workers as you said and not for partners. Two words with big difference. We shall see if my business model has demand, i think it's innovative and we could see some people sign up. The collaterals are really necessary, the % rates can be adjusted on many factors, but it is an essential part of the logic.
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3) You loan out the 1 BTC, but you also ask for 150% collateral from your borrowers
Out of the over 80 loan requests I have gotten, 2 had altcoin collateral. Both requests had ~120% worth of the loan amount. One person ended up not taking the loan (partially because I was busy), and the other one came with 1% interest (0.001 BTC from a 0.1 BTC loan.) Plenty of people now have services that require altcoin collateral, but I don't believe any of those lenders got a valid loan. Also, if you ask for 150%, they are more likely to go to the people who only ask for 110% to 120% (me, and most others). See where your plan is flawed? The collateral could vary depending on many factors, it could be much smaller than 150%, even as low as 105% Also we can give out good interest rates or other promotional offers to lenders. For example 3-4 time borrower with good track record and good trust rating can give 80-90% collateral. Certain perks can be given, it is up to my workers.
My job is to get some workers, that will lend for me. We can then discuss in PM lending tips and other topics.
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Lemme explain again simply.
1) Collateral ratio is probably around 120-150% of the lent amount to incentivize borrowers to repay
2) For example you have 71.09 ETH (1.5BTC) invested , I give you 1 BTC for that to loan out, but I will guard the ETH as collateral
3) You loan out the 1 BTC, but you also ask for 150% collateral from your borrowers
4) You will have 0 risk because you get the same amount of collateral from your borrowers that I get from you
5) I have 0 risk as well because I also have 150% collateral secured
6) We share 50-50% the profits from interest
7) After we end the deal, I give you back the 71.09 ETH, and you give me back my 1 BTC
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ps in the bad scenario you can sell collateral and lenders doesn't repay ... so there is a double risk + half gain
That is why you should ask for collateral from your borrower as well. What is the loans come up bad?
That is why you should ask for collateral from your borrower as well. Now i got you, you will act like a bank, lending money to someone who can provide a valid colateral, that should be others altcoins. As already said we will be your workers, we will be using your money to lend others, and we should share our profit, but in the end if the user wich request the loan default and his or her account is the colateral, we will have to repay the ammount those user got, soo for you sure profitable, but we will take the risk instead profit, have to pay you from our pocket, when we wanna the fee just.
Yes, if you have altcoins invested (which you should have, just from investmend standpoint), that will be good collateral. I will give your BTC for that collateral, and I will guard your collateral, then you start lending. But you should also ask for collateral from your borrowers, so that neither of us will have any risk.
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You can start your lending business. I am giving away bitcoin for people to lend and we can share profits.
Click on my signature or PM me if you are interested, I can help you make money for both of us.
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Fucking NAZI SCUM!!! First they put you in a database then you end up in a concentration camp ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) This is how my grandparents were brutally murdered by the nazis. The EU is the 4th reich run by evil nazis!! ! עסן דרעק און שטאַרבן
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Hello buddy, I am planning to start a lending business again like I have done when I owned a hero member rank with good rep . I have a good experience of lending business with low default rates.
So if I will get the funds to start of my own lending business, I can repay my old dues on this forum too . For reference , you can check my old account lending thread .
Ok sure ,what is the collateral you can provide? I'm serious when you open a food business payments every day
rules:
>> amount 1 btc >> 2 month contract >> 1 day pay = 0.02 btc will share the profits ever day
total you received 1.2= 2 month
Sure , what collateral do you provide? Look op the concecpt is good you will lend to a lender to get a share from the loans, wouldnt be better to do yourself and you take your own risk? Its insane for me you trust into a third person to offer loans and repay you a portion of it. I had read you got no time, but to lending service you need something like 10 minutes to work out and reply, anyway good luck but i believe the reputable lending people has the funds already and hasnt altcoin as colateral.
Lending nowadays is small scale, like 0.01 BTC loans. I really dont have time to give out 10-20 loans daily, I have other investments to take care of. So that is why I would like to outsource my lending business. This gives Jacob70 no risk at all, other than the value of the collateral's value dropping, and gives the lender the full risk, for half the reward. And he isn't really trusting them, since he requires a collateral. Try reading Doamader/Probably JasonXG. Also, zarzab does altcoin conversions in the currency exchange, and he counts as a "reputable lending person".
Yes, that is true, and also It's passive profit for me. But if my workers are smart they will also take collateral so they won't have any risk either. We can outsoruce the risk to the end-user borrower.
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Lending to lenders... Interesting idea, but it probably won't work. Your best shot at getting a partnership is probably at Epicscammer and condras's loan thread, but they already are partnered, and probably don't have collateral to give you. Also, you said "would you like to start" - but then ask for lending experience. It would work, this is how central banks work. You would be essentially lending for me, while I provide you with capital. Yes you are right, I relaxed the conditions so that more people could participate. Here is my question: What happens if someone defaults, bringing profits to the negatives, and then ends the contract?
Added explanation of my terms in the first post, please read.
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