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Author Topic: need a loan of 20-50 btc, long term, but will pay back 150% what i borrow  (Read 1207 times)
ur0pl (OP)
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August 12, 2013, 11:18:05 PM
 #1

need a loan of 20-50 btc, long term, but will pay back 150% what i borrow. Cointerra is going to open pre-orders for their ASIC units at the end of this month. They ship them by December 2013. I would like to get my hands on one of them. I will pay back what it costs to buy the asic hardware + 50% what you lend me. I would give you all the income generated from the unit except around 10%-15% that I use for personal expense while I house and run the unit until I pay you back the 150% total, then, the agreement is completed.

Please message me, maybe we can work out a deal or something that you like.


You help me get a Cointerra machine
You get what you lend me + 50%

I am not sure the prices of their products yet. However, please message me so we can discuss this now. This is great deal if you want to help out the bitcoin community and you have lots of bitcoin laying around.
Vod
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August 12, 2013, 11:55:27 PM
Last edit: August 13, 2013, 12:06:54 AM by Vod
 #2

What % of the purchase price are you putting down?  What % would I have to pay if I lend you the money?

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peonminer
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August 12, 2013, 11:58:06 PM
 #3

This is absurd ur0pl. You have 7 posts and you are asking for $5,000 advance for vaporware.

You also just posted this:


ur0pl
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1 btc gamble , 300% return potential
Today at 06:38:42 PM
Reply with quote  #1
you lend me 1 btc. I make a satashi dice bet of 1 btc. If i win, I make a bet of 2 btc. If i win, then i give you 3 btc, and I keep 1 btc. If at anytime I lose, we lose together and I do not owe you anything.

So

you get 300% what you invest if I win

(or you get negative 100% what you invest if I lose, we lose together).

The fuck is wrong with people these days?

I have a hunch that ALL of these requests and alt accounts are Joey and his slut mom working overtime.
ur0pl (OP)
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August 13, 2013, 02:09:05 AM
 #4

the gamble post was just a joke. please dont stalk me
Eisenhower34
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August 13, 2013, 12:30:59 PM
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... I assume that if Cointerra doesnt deliver, you wont be able to pay back this loan. So where is the benefit in this for the lender? You clearly get a free miner while all the risk stays with the lender. Why wouldnt I buy a miner myself instead of lending you the money? I would cut out the risk of you running with my money, have the same risk with cointerra and if cointerra delivers I have a miner after 150% of my money has been payed back too. If you dont finance a big portion of this miner yourself then noone will even think about giving you a loan.
ur0pl (OP)
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August 13, 2013, 01:07:40 PM
 #6

I will pay 150% of the loan back by the end of October after I get my kncminer hardware. if I borrow 50btc, then I pay 75btc in return by the end of October. If i borrow 20 btc, then I pay back 30btc by the end of October. There is no risk because I will give you all my proof of income and identity documents. If kncminer does not deliver, then I have the ability to pay back fully by October. I simply would like the money to be a first pre order by the end of the month.

If you bought a miner yourself and they did not deliver, then you would still get 150% of what you lent me.

If you bought a miner yourself and they did deliver, then you would have more power outlets that would be used up and you might have already over extended the amount of miners you could buy and house in a small space.

Surely, if you have say 100k free cash, this deal looks better than if you have 10k or less free cash.

maybe we could do this through a proxy site like btcjam.com. More so, maybe we could work out a deal where it is 15 btc and I pay 1 btc back every 2 weeks until 90 days when I would have paid the full 22.5 btc back. I am sure something could be worked out that is agreeable.
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August 13, 2013, 08:42:19 PM
 #7

Why would anybody make a loan for mining equipment when we could just buy the thing and mine back the entire cost (+interest) ourselves? That would eliminate ALL the risk of the borrower defaulting and give us the option to sell the equipment on the secondary market.

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ur0pl (OP)
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August 13, 2013, 10:13:11 PM
 #8

Eisenhower34 mentioned that the asic hardware companies might not deliver, so it could be years before you get your equipment. It would probably take longer to make the money on your own rather than make the money through me paying you back.
Kouye
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August 13, 2013, 10:51:58 PM
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Eisenhower34 mentioned that the asic hardware companies might not deliver, so it could be years before you get your equipment. It would probably take longer to make the money on your own rather than make the money through me paying you back.

Wait... You mean you were serious and this was not another joke? Shocked

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
Tomatocage
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August 13, 2013, 11:27:07 PM
 #10

Eisenhower34 mentioned that the asic hardware companies might not deliver, so it could be years before you get your equipment. It would probably take longer to make the money on your own rather than make the money through me paying you back.

In which case the best course of action for you is to somehow borrow the 50 BTC and maybe/maybe not order the ASIC unit, then simply default on the loan and abandon that account. Win/win for you while exposing yourself to zero risk.

Recommended Exchanges: Binance.com | CelsiusNetwork
GPG ID: 4880D85C | 1% Escrow | 8% IPO/ICO Escrow services Temporarily Closed | Bitcointalk is the ONLY place where I use this name (No Skype/IRC/YIM/AIM/etc) | 13CsmTqGNwvFXb7tD9yFvJcEYCDTB8wQTS | Beware of these SCAM sites! | *Sponsored Link
Vod
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August 14, 2013, 12:19:08 AM
 #11

Eisenhower34 mentioned that the asic hardware companies might not deliver, so it could be years before you get your equipment. It would probably take longer to make the money on your own rather than make the money through me paying you back.

You never mentioned what percentage you are putting down on this yourself.

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OGNasty has early onset dementia; keep this in mind when discussing his past actions.
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