[LOAN] Seeking 12 BTC Loan to Buy 5850

[c4n10]

Hello everyone,

I am looking for a 12 BTC loan to buy my first 5850 to add to my 9600 gt oc.

I will provide my name, HD color photo of my ID, my address, HD color photo of my social security card, phone number and references along with photo/video proof that I am who I claim to be for whoever is willing to provide me with this loan, but I am not going to post all of that information here on a public forum. If you are willing to lend, please contact me for my personal information.

For now, here is my name: Rudolph Andrew Whiles

I will pay this loan off in 1 - 2 months with profits made from mining.

If you have any questions or need any more information, please feel free to ask!

Thanks!!!

[1715678720]

1715678720

[Vod]

What country do you reside in?

[c4n10]

What country do you reside in?

I am in Florida in the U.S.

[Puppet]

How much are you willing to pay in interest? Not looking to do a  shark loan, but its gotta be worth the risk.

[c4n10]

How much are you willing to pay in interest? Not looking to do a  shark loan, but its gotta be worth the risk.

I honestly don't know what would be a "good" interest rate, but I wouldn't want to pay back more than 14 - 15 BTC for a 12 BTC loan...

[Puppet]

Meh. What the hell, I'll do half the loan if you find someone else.

[BitcoinINV]

Ill do half with you, but I would like him to pay it off in payments if thats ok with him.

[c4n10]

Meh. What the hell, I'll do half the loan if you find someone else.

Sounds great and it looks like someone else is willing to go halvsies with you!

[c4n10]

Ill do half with you, but I would like him to pay it off in payments if thats ok with him.

That's not a problem with me, what kind of payment schedule did you have in mind?

[Puppet]

You mention 1-2 months, lets say 2 BTC per week (1 BTC to each lender) for 7 weeks?
That is if BitcoinINV is okay with 14 BTC return.

[BitcoinINV]

Im good with this OP any problems?

[c4n10]

Im good with this OP any problems?

That sounds fantastic guys! I appreciate it!

This is my first loan, what do we do now?

[BitcoinINV]

You can email me all of you info, drkowalczewski@mailccc.net All above described info with 1 month old or less utility bill, cell phone whatever with your I.D. address on it. If all thats good we can move from there.

[Puppet]

I will pm you an email address to send that stuff to. If it checks out, I will ask for a btc address.

[c4n10]

Alright guys, sent and sent...

Let me know if you need anything else, THANKS!!!

[SAC]

You mention 1-2 months, lets say 2 BTC per week (1 BTC to each lender) for 7 weeks?
That is if BitcoinINV is okay with 14 BTC return.

So have you guys figured out how he is going to cover the other ~1.1btc per week needed for this repayment? A 5850 running at ~370mh/s the best I have been able to get out of any of mine gives you .13btc per day no fees taken off current difficulty on a mining pool so .13*7=.91 per week return.

[c4n10]

I won't be mining BTC, I will be mining LTC with the 5850 plus my existing 9600 gt oc and my geforce gt 520 plus an intel dual core cpu and amd athlon dual core 64 x2 5000+.

I also offer services for BTC including 2d to anaglyph 3d photo conversion, music production and photoshop makeovers...

[BitcoinINV]

I will do this as long as puppet funds the other half. Repayment of 1 Btc a week for 7 weeks form a date to be agreed upon between us. I would also like the forum user's name you are buying the GPU from.

[c4n10]

I will do this as long as puppet funds the other half. Repayment of 1 Btc a week for 7 weeks form a date to be agreed upon between us. I would also like the forum user's name you are buying the GPU from.

Sounds good.

I'm not buying from a forum, I am buying from ebay from a user with 100% positive feedback across 40 transactions over the last year:

http://www.ebay.com/itm/Sapphire-Radeon-HD-5850-XTREME-1-GB-DDR5-HDMI-DVI-I-DP-PCI-Express-Graphics-Card-/140857081698?pt=PCC_Video_TV_Cards&hash=item20cbbc7f62

[Puppet]

I assume it will take a few days to acquire the card, so lets say saturday, october 6th for your first payment?
Then every saturday, if thats okay by bitcoininv?
If you are late by more than 2 days, I will expect a late fee. Not sure whats reasonable there, dont want to put it so high it turns in to a shark loan, but not too low that you wouldnt care. Suggestion?

[c4n10]

I assume it will take a few days to acquire the card, so lets say saturday, october 6th for your first payment?
Then every saturday, if thats okay by bitcoininv?
If you are late by more than 2 days, I will expect a late fee. Not sure whats reasonable there, dont want to put it so high it turns in to a shark loan, but not too low that you wouldnt care. Suggestion?

That sounds great to me!

As far as a late fee, how is 10% of the outstanding balance?

Got the idea from here: http://wiki.bitcoin-otc.com/wiki/Secured_loan

[BitcoinINV]

.1 per day if late? I don't know just throwing it out there.

[c4n10]

.1 per day if late? I don't know just throwing it out there.

That's acceptable for me as well.

[Puppet]

.1 what? .1BTC?

[BitcoinINV]

Yes, .1 btc per day late. If puppet agrees to this post you address cause about to head out for a while.

[c4n10]

Yes, .1 btc per day late. If puppet agrees to this post you address cause about to head out for a while.

1ECB5zdaYfcXtSJoBXTcLMMj4vTzSjngH8

[BitcoinINV]

sent your repayment address is 1MBqMn6zF9giuzpNCHW4NFVVcDGbtZokim

Good luck in your venture and keep me updated please

Yes, .1 btc per day late. If puppet agrees to this post you address cause about to head out for a while.

1ECB5zdaYfcXtSJoBXTcLMMj4vTzSjngH8

You mention 1-2 months, lets say 2 BTC per week (1 BTC to each lender) for 7 weeks?
That is if BitcoinINV is okay with 14 BTC return.

[c4n10]

sent your repayment address is 1MBqMn6zF9giuzpNCHW4NFVVcDGbtZokim

Good luck in your venture and keep me updated please

Yes, .1 btc per day late. If puppet agrees to this post you address cause about to head out for a while.

1ECB5zdaYfcXtSJoBXTcLMMj4vTzSjngH8

You mention 1-2 months, lets say 2 BTC per week (1 BTC to each lender) for 7 weeks?
That is if BitcoinINV is okay with 14 BTC return.

Received. Thank you very much!!!

I will keep you posted!!!

[Puppet]

Sent
https://blockchain.info/tx/d9b13d89c1a0de6d55689b032341328da1c8a2a27310c929209f728d1a5f96c1
(yes I mistyped, miners can thank me for the generous transaction fee :p )

You can repay on this address:
1NgrU4LpqTs3h6kJA5DaLaDJxbUNrQhqAj

Good luck

[c4n10]

Wait, actually it was puppet's payment I got, I didn't get Bitcoin INV's...

Can you send me a link to the blockchain tx?

[c4n10]

Ok, I have received both loans, I have made a notepad document with the details of the loans and it is on my desktop.

Thank you BOTH so much. I will keep you up to date!!!

[BitcoinINV]

I have had a change in payment addy please send here 1KPV7ziq8eNp74RPzgZa3PRPPrjSZpXtGY

[Puppet]

Not to be a jerk, but Im waiting for my first payment.

[BitcoinINV]

Yea, can we say late fee?

[c4n10]

Hello,

I am very sorry for being late, I have been fighting with getting my new card to mine litecoins all week (you can even check my post history here in the forums), first because I was on Windows XP which the AMD SDK drivers only support XP up to version 2.5 and litecoin mining requires sdk version 2.6, so i installed linux and accidentally installed the 32-bit sdk for a 64-bit os which I didn't realize I had a 64-bit OS until today. I have re-installed everything with 64-bit versions and I am still encountering a small issue while trying to compile reaper.

I am not defaulting on my loan, I will pay my loan back no matter how long it takes, how much interest I accrue, etc...

Once the card is working I will be able to make my payments as scheduled, I am sorry for the inconvenience and I promise to have this resolved ASAP.

[Vod]

Hello,

I am very sorry for being late, I have been fighting with getting my new card to mine litecoins all week (you can even check my post history here in the forums), first because I was on Windows XP which the AMD SDK drivers only support XP up to version 2.5 and litecoin mining requires sdk version 2.6, so i installed linux and accidentally installed the 32-bit sdk for a 64-bit os which I didn't realize I had a 64-bit OS until today. I have re-installed everything with 64-bit versions and I am still encountering a small issue while trying to compile reaper.

I am not defaulting on my loan, I will pay my loan back no matter how long it takes, how much interest I accrue, etc...

Once the card is working I will be able to make my payments as scheduled, I am sorry for the inconvenience and I promise to have this resolved ASAP.

You are paying 0.1 btc for every day late.  Go buy some bitcoins on your credit card and pay off your loan and save money too

[c4n10]

Hello,

I am very sorry for being late, I have been fighting with getting my new card to mine litecoins all week (you can even check my post history here in the forums), first because I was on Windows XP which the AMD SDK drivers only support XP up to version 2.5 and litecoin mining requires sdk version 2.6, so i installed linux and accidentally installed the 32-bit sdk for a 64-bit os which I didn't realize I had a 64-bit OS until today. I have re-installed everything with 64-bit versions and I am still encountering a small issue while trying to compile reaper.

I am not defaulting on my loan, I will pay my loan back no matter how long it takes, how much interest I accrue, etc...

Once the card is working I will be able to make my payments as scheduled, I am sorry for the inconvenience and I promise to have this resolved ASAP.

You are paying 0.1 btc for every day late.  Go buy some bitcoins on your credit card and pay off your loan and save money too

Hmmmm, I don't personally have a credit card but I may be able to use my roommate's... I will check with him...

[bce]

At least he said he was in Florida (a hint) 

[BitcoinINV]

I know where he is at, I lived in Miami for a while and still have lots of friends there.

[BitcoinINV]

Any news? Whats going on?

[c4n10]

Sorry for not responding earlier, for some reason I haven't been getting email notifications for this thread...

I sent you guys what I can for the moment until I can get my setup working correctly.

I was trying to send you each .445 BTC because what I had was .89 BTC but I accidentally sent BitcoinINV .454 instead of .445 which means I could only send Puppet .433, I will fix the difference when I am able to start making my regular payments.

I am VERY sorry for the inconvenience and the delay and I appreciate that you guys have helped me out. I am sure I will have my problem with Reaper worked out soon as I have posted my issue in multiple places across the forum and I am confident that someone will be able to help me.

Again, I am very sorry, but I am also very appreciative and I WILL pay you guys back.

[BitcoinINV]

I will start emailing you instead, dont worry I do not get emails from here either lol

[c4n10]

I will start emailing you instead, dont worry I do not get emails from here either lol

Sounds good!

[BitcoinINV]

Anymore payments or what?

[Tomatocage]

How many days late is he at this point?  .1 BTC per day, right?

[BitcoinINV]

Ill waive it just want my coins back at this point.....

[Tomatocage]

Any updates on this?  I haven't seen C4n on BTC-e lately.

[smracer]

Most likely moved on to the next username.

[BitcoinINV]

He was on this forum today... Should answer the post

[Tomatocage]

Looks like he posted today.  Did he ever pay back his loan?

[BitcoinINV]

Nope not at all got like .43 in total from him.

[BitcoinINV]

Request for scammer tag has been Made
https://bitcointalk.org/index.php?topic=128016.0