.01BTC, suggest a collateral? (Resolved!)

[funkymonk]

Hey I need .01 BTC, I don't know what to offer as a collateral since it's only like 2 dollars. I will be able to pay it back, even .02BTC back by tomorrow night. If you can think of something I can easily offer as collateral it's yours! I promise I'm not a scammer, I wouldn't go through the trouble for .01BTC

[1714896446]

1714896446

[1714896446]

1714896446

[1714896446]

1714896446

[josephno1]

Here is a list of collateral

https://bitcointalk.org/index.php?topic=577765.0

If are able to come up with any form of collateral I would be happy to lend you .01BTC

[funkymonk]

I don't have any crypto-currencies, and I'm not going to send anything through the mail. I'm taking this loan for convenience so I can buy something I need tonight, I can get the BTC to return tomorrow. I've heard you use certain accounts as collateral? I could offer like a facebook account or something like that? I don't know how to do that though...

[u9y42]

Hey I need .01 BTC, I don't know what to offer as a collateral since it's only like 2 dollars. I will be able to pay it back, even .02BTC back by tomorrow night. If you can think of something I can easily offer as collateral it's yours! I promise I'm not a scammer, I wouldn't go through the trouble for .01BTC

No offense funkymonk, but even if you wouldn't scam for 0.01, others have in the past; so it's best if you can provide collateral, as josephno1 suggested. Also, 0.01 btc might not be a lot, but nothing prevents someone dedicated enough to create several threads, with different accounts, in order to collect a lot more, a few bits at a time.

[jlauzon]

Where is the love? I'll lend it to you, but pay it back. Or we will hunt you down.

[u9y42]

Where is the love? I'll lend it to you, but pay it back. Or we will hunt you down.

Hunt down the owner of a Newbie account for 0.01 btc? That's obviously not happening.

Also, be careful when lending without securing collateral first; some users have in the past given (and perhaps, still do give) negative trust for that as well - the reasoning for it being something along the lines of: you're not only likely to get scammed yourself, but you're also inviting other scammers to show up, and start asking for the same, no collateral, conditions.

[jlauzon]

Where is the love? I'll lend it to you, but pay it back. Or we will hunt you down.

Hunt down the owner of a Newbie account for 0.01 btc? That's obviously not happening.

Also, be careful when lending without securing collateral first; some users have in the past given (and perhaps, still do give) negative trust for that as well - the reasoning for it being something along the lines of: you're not only likely to get scammed yourself, but you're also inviting other scammers to show up, and start asking for the same, no collateral, conditions.

Hunt down vs cry if not paid back. Just a sociological experiment.

[jlauzon]

I don't advocate the practice of lending frivolously, but I gave him the loan and he just paid it back.

Good people exist. So do bad.