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Author Topic: [LOAN] Seeking 12 BTC Loan to Buy 5850  (Read 5367 times)
c4n10 (OP)
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September 25, 2012, 08:56:49 PM
Last edit: September 26, 2012, 03:04:12 AM by c4n10
 #1

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!!!
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September 25, 2012, 09:12:54 PM
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What country do you reside in?

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c4n10 (OP)
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September 25, 2012, 10:43:51 PM
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What country do you reside in?

I am in Florida in the U.S.
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September 25, 2012, 10:48:54 PM
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How much are you willing to pay in interest? Not looking to do a  shark loan, but its gotta be worth the risk.
c4n10 (OP)
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September 25, 2012, 10:55:20 PM
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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...
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September 26, 2012, 03:34:17 PM
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Meh. What the hell, I'll do half the loan if you find someone else.
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September 26, 2012, 03:50:20 PM
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Ill do half with you, but I would like him to pay it off in payments if thats ok with him.

c4n10 (OP)
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September 26, 2012, 04:11:12 PM
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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!
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September 26, 2012, 04:11:56 PM
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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?
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September 26, 2012, 04:23:03 PM
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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
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September 26, 2012, 04:23:48 PM
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Im good with this OP any problems?

c4n10 (OP)
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September 26, 2012, 04:27:49 PM
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Im good with this OP any problems?

That sounds fantastic guys! I appreciate it!

This is my first loan, what do we do now?
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September 26, 2012, 04:30:01 PM
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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.

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September 26, 2012, 04:31:20 PM
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I will pm you an email address to send that stuff to. If it checks out, I will ask for a btc address.
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September 26, 2012, 05:12:55 PM
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Alright guys, sent and sent...

Let me know if you need anything else, THANKS!!!
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September 26, 2012, 05:38:20 PM
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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.
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September 26, 2012, 05:46:43 PM
 #17

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...
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September 26, 2012, 05:52:14 PM
 #18

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 (OP)
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September 26, 2012, 06:00:13 PM
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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
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September 26, 2012, 06:00:53 PM
 #20

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?
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