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Author Topic: Urgently Need a Loan (0.1BTC) For setting up new social network  (Read 920 times)
garyd94 (OP)
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August 08, 2017, 09:26:08 AM
 #1

Hi there,

I'm looking to get a first bitcoin loan in hopes to further build my Social network for Makeup Artists.
I've been trying to get funding to help publicize for the past few months with very little success.
Im looking to possibly get a loan of 0.1BTC for 21 days until i get wages to cover.
Would be willing to pay back at least 0.13BTC for the loan if it is possible.
can leave bank info or anything else for collateral if needed.
Urgently looking for response.
magneto
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August 08, 2017, 09:32:42 AM
 #2

Hi there,

I'm looking to get a first bitcoin loan in hopes to further build my Social network for Makeup Artists.
I've been trying to get funding to help publicize for the past few months with very little success.
Im looking to possibly get a loan of 0.1BTC for 21 days until i get wages to cover.
Would be willing to pay back at least 0.13BTC for the loan if it is possible.
can leave bank info or anything else for collateral if needed.
Urgently looking for response.


You sent me this message:

Quote
Hiya
I know im probably going at this wrong but im messaging as im looking to get a btc loan for the first time,
I've never done loans on btc before, looking to get 0.1btc to help with setting up my makeup artist social network, ive been working on the project for 6 months, and have tried Kickstarter and all other funding options with no success yet.
Im trying to cover hosting and dev fees etc
Would pay back with 0.14btc in 21 days if its possible
Can even give social card or my debit card if needed

Any info at all would really be appreciated,

Gary.

Firstly this is an unsolicited private message. I never said in public that i was able to entertain no collateral loans to brand new accounts with no rep, no trade history, no nothing basically. This is going to be the same response wherever you try to get a loan.

Either offer valid collateral or don't ask for a loan at all.

Bank account info isn't valid because i can't do anything with it if you default. Likewise with your social security or w/e. If you have stable altcoins as collateral or physical valuables(precious metals) that i deem liquid and worth the risk then i MAY be able to negotiate.
garyd94 (OP)
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August 08, 2017, 09:54:04 AM
 #3

The only collateral i would have that would be worth anything online would be something like my steam account.
I was generally messaging as im genuinely trying to get loan to help with setting up site
magneto
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August 08, 2017, 10:02:40 AM
 #4

The only collateral i would have that would be worth anything online would be something like my steam account.
I was generally messaging as im genuinely trying to get loan to help with setting up site

If your Steam inventory is worth at least 150% of the loan amount that i MAY be able to help you. I don't use Steam that much but i do know the trading basics etc. Do you have any CSGO skins/keys or TF2 keys? If yes then i can possibly assist you with the loan.

However my suspicion is that you only have games in your steam. These can't be resold or at least easily. I have no personal need for your steam games anyways because i don't game that much, and pretty sure that steam account trading is banned.

Don't send unsolicited PMs to people in future, please.
garyd94 (OP)
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August 08, 2017, 10:15:05 AM
 #5

The only collateral i would have that would be worth anything online would be something like my steam account.
I was generally messaging as im genuinely trying to get loan to help with setting up site

If your Steam inventory is worth at least 150% of the loan amount that i MAY be able to help you. I don't use Steam that much but i do know the trading basics etc. Do you have any CSGO skins/keys or TF2 keys? If yes then i can possibly assist you with the loan.

However my suspicion is that you only have games in your steam. These can't be resold or at least easily. I have no personal need for your steam games anyways because i don't game that much, and pretty sure that steam account trading is banned.

Don't send unsolicited PMs to people in future, please.

https://steamdb.info/calculator/76561197999118063/?cc=us
What value you give for it?
magneto
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August 08, 2017, 10:50:54 AM
 #6

The only collateral i would have that would be worth anything online would be something like my steam account.
I was generally messaging as im genuinely trying to get loan to help with setting up site

If your Steam inventory is worth at least 150% of the loan amount that i MAY be able to help you. I don't use Steam that much but i do know the trading basics etc. Do you have any CSGO skins/keys or TF2 keys? If yes then i can possibly assist you with the loan.

However my suspicion is that you only have games in your steam. These can't be resold or at least easily. I have no personal need for your steam games anyways because i don't game that much, and pretty sure that steam account trading is banned.

Don't send unsolicited PMs to people in future, please.

https://steamdb.info/calculator/76561197999118063/?cc=us
What value you give for it?

Your inventory is private so i can't see what you have. But even if it was set as public i don't think that you play CSGO or TF2 anyways.

Plus i did a quick search on your steam ID, it seems like you're selling it for just $100 and people are saying that it's worth $30-40 at most. So no, i'll have to decline this as valid collateral. Here's the link: http://www.mc-market.org/threads/219945/

There is currently debate on whether or not someone offering collateral that they would like to sell it untrustworthy behaviour and deserves neg trust, and imo it does. Especially when it's only worth $30-40 max on a loan value of over $300. The whole point of collateral is to encourage a person to pay back a loan.
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