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! |
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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
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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. 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. |
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Basically I don't want to miss out on the potential price boom of ltc by using them as collateral right now. I'm a small time miner (2,500kh/s scrypt) and have an avalon batch #2 in transit (only own a quarter share of that though) so I'm just looking to expand my hashing power a little and make someone some interest without risking too much of my own coins at this moment of volatility.
Then don't. We'll make an agreement that whenever you ask, I will sell a few of your coins at the current market value to equal the amount of BTC outstanding. You can then get your LTC back at anytime. Fair deal? Deal on a platter right here. 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 |
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Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?
1) Send your LTC to a trusted third party (escrow) 2) Receive your BTC 3) Pay back your BTC 4) Receive your LTC back Much easier than losing a kidney. Oh I agree, I just don't want to lose control of my ltc if its taking me three months to complete paying off the loan. Like I said a huge boom could be on the horizon. If they go to $10 a pop (speculation speculation) then I wouldn't have needed the loan in the first place. So then you pay back the loan early and get your LTC back. What's the issue? 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. Work it out IF LTC goes to $10, coin holder sells, pays off loan and returns left over. I know I'm the one who is trying to prove trustworthiness here but I'm also a skeptic myself |
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Basically I don't want to miss out on the potential price boom of ltc by using them as collateral right now. I'm a small time miner (2,500kh/s scrypt) and have an avalon batch #2 in transit (only own a quarter share of that though) so I'm just looking to expand my hashing power a little and make someone some interest without risking too much of my own coins at this moment of volatility.
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Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?
1) Send your LTC to a trusted third party (escrow) 2) Receive your BTC 3) Pay back your BTC 4) Receive your LTC back Much easier than losing a kidney. Oh I agree, I just don't want to lose control of my ltc if its taking me three months to complete paying off the loan. Like I said a huge boom could be on the horizon. If they go to $10 a pop (speculation speculation) then I wouldn't have needed the loan in the first place. |
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Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?
1) Send your LTC to a trusted third party (escrow) 2) Receive your BTC 3) Pay back your BTC 4) Receive your LTC back Much easier than losing a kidney. With that kind of collateral, I would be tempted to do this loan.  I have my rusty butterknife and foam cooler on standby |
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By the way, epic photo, Dude.
Where's the money lebowski
hahaha! I was just about to comment on your Pink Floyd quote(ish)... very nice  "Hashing away, the moments that make up a dull day." I now have Time stuck in my head! I see we have much in common. Yes had to mod the lyrics to make them mining appropriate my favorite band |
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If legit, you will get them back. Escrow is an option.
This. Use John K, and your 200 LTC will be safe and ready for a return to your wallet after you repay the BTC loan. By the way, epic photo, Dude. Where's the money lebowski |
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I know I can get the ltc back. The point of not using them is I'm looking for a three month loan term and *if* gox actually starts trading in ltc the boom could be in two or three weeks. All speculation I know, but its the name of the game! Also patiently waiting to send smoothie my ltc for a set of two of his physical coins  The loan is important to me because I want to up my mining power, but not as important as the future of my measly ltc holdings. Perhaps some physical items could be used as collateral for escrow? I have no idea. Digitally I don't have much to offer that I can think of. There are some long time forum members I know that might vouch for me but I don't want to use a reference before getting their permission  Why go through all that? Escrow, get loan, pay back, done. Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney? |
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I know I can get the ltc back. The point of not using them is I'm looking for a three month loan term and *if* gox actually starts trading in ltc the boom could be in two or three weeks. All speculation I know, but its the name of the game! Also patiently waiting to send smoothie my ltc for a set of two of his physical coins The loan is important to me because I want to up my mining power, but not as important as the future of my measly ltc holdings. Perhaps some physical items could be used as collateral for escrow? I have no idea. Digitally I don't have much to offer that I can think of. There are some long time forum members I know that might vouch for me but I don't want to use a reference before getting their permission |
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I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first. Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations. PMs are welcome, thank you! I won't accuse you of being a scammer if you are serious about this loan and have $600 in collateral to back it up. Otherwise.... I am attempting to think of something to use right now. I have no mining shares or anything. I do have slightly over 200 ltc but under no circumstance do I want to let them go right now. |
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I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first. Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations. PMs are welcome, thank you! |
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Interesting, but the amount is so low I was hoping for someone to swoop in and permanently buy out my sig space. |
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If the logo ends up horrid I know someone that can design it .
If that someone gets in on this contest quick enough they can earn some money |
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As the title says, I am selling my signature box as ad space. This can be done on a monthly basis or a permanent signature change. Please PM me with what content you would like to advertise and what you would like to pay. I am an active member here on the forum and spend at least 2 hours a day browsing and posting to the boards. Thanks |
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"We now live in a nation where doctors destroy health, lawyers
destroy justice, universities destroy knowledge, governments destroy
freedom, the press destroys information, religions destroy morals and
our banks destroy the economy"
- Chris Hedges
Sounds about right to me. |
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It's violating everyone's rights. They can see anything they want. There's not much we can do to protect ourselves right now. If you push enough of their buttons you'll inevitably get an unwanted knock at your door
What did you think? That US gov was spying noone? Clearly they've always been shady. This is just taking it to an entirely new level. |
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LOL every time I read the comments section of an article on Cryptocurrency, I facepalm.
Look at this ignorant comment:
prodaytrader 2 hours ago
Ponzi Scheme. The problem with bitcoin is that it is not backed by the faith of anything. Governments around the world have the power to tax and they enforce that tax with armies. That's what it means to have the backing of a government. As long as we have a powerful army, we can force anyone to use our currency. Bitcoin will never be able to say that. I hope somebody investigates this silliness.
This "trader" is obviously not a "pro" or else he wouldn't be that stupid.
And how the hell is Bitcoin a Ponzi Scheme because it's unregulated? That's the most retarded comment I've ever heard.
Unfortunately there will always be people like this. We just need our voices to be more organized and clear. |
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