Seeking lender/partner

[subwoofer12]

If you're here because of the Negative trust I received from Vod...

Please read this post



I have access to a source where I can buy large amounts of bitcoin 4% under the market rate, and then resell almost instantly at market price.

I did this yesterday starting with 13 BTC, I ended with 13.56 BTC.
It took me about 10 minutes to make 0.56 BTC ($130) in profit.

The reason I'm looking for a lender is because in order to do this I have to do:
Fiat > BTC > Fiat > BTC

This takes about 10 days time, all my funds are currently in the middle of ACH transfers.
I'm looking for someone who can lend me money, and split the profit with me 50 | 50

For example if I received 10k and turned it into $10,400. I would keep $200 and send the rest back to you (10,200)

As for the loan amount I'm looking for I'm not sure yet, would like to start with something small like $1000.
I can send a scan of my ID and put down a website I own for collateral.

I know 2% interest doesn't sound like much, but this process can be done consistently and that can turn into a lot of money.

PM if interested, I won't explain the exact details on how I'm doing this but I will try to answer most questions.

[Panthers52]

How exactly are you able to purchase bitcoin at a discount? I don't think I would be willing to lend you that kind of money, although I most probably could work something out depending on a number of factors.

Kind Regards
Panthers52

[subwoofer12]

How exactly are you able to purchase bitcoin at a discount?

I won't explain the exact details on how I'm doing this

Involves CNY, that's as much as I wish to elaborate 

I don't think I would be willing to lend you that kind of money

You mean 10,000? Or 1,000? Also as I mentioned I can put down my website as collateral



PM me if you have any more questions, I'll try to reply ASAP. We can exchange Skype IDs later on if you would like to

[subwoofer12]

I should mention, to start I need funds in fiat

This can be done in six days (10 days is the most I've seen) depending on how quickly the bank transfers take. Here's a break down:

• I transfer fiat from my bank account to my trading account (3 days)
• I exchange fiat for discounted bitcoin (<5 minutes)
• I transfer the bitcoin to Bitstamp (or Bitfinex) and sell 4-5% higher (<5 minutes)
• I withdraw the fiat from Bitstamp and send back to my bank account (3 days)
• Repeat the cycle

The funds only remain in bitcoin for 10 minutes or less, so exposure to volatility is extremely limited

[Vod]

I know 2% interest doesn't sound like much, but this process can be done consistently and that can turn into a lot of money.

If it could be done consistently, without fail, you would be the richest man on the planet. 

Tell me again why you are begging for money?

[zazarb]

I should mention, to start I need funds in fiat

This can be done in six days (10 days is the most I've seen) depending on how quickly the bank transfers take. Here's a break down:

• I transfer fiat from my bank account to my trading account (3 days)
• I exchange fiat for discounted bitcoin (<5 minutes)
• I transfer the bitcoin to Bitstamp (or Bitfinex) and sell 4-5% higher (<5 minutes)
• I withdraw the fiat from Bitstamp and send back to my bank account (3 days)
• Repeat the cycle

The funds only remain in bitcoin for 10 minutes or less, so exposure to volatility is extremely limited

From which country you? If this this process can be done consistently, every week Tens of thousands $, or you do not pay profit tax? if transactions are carried out through official bank?

[subwoofer12]

If it could be done consistently, without fail, you would be the richest man on the planet.  

Tell me again why you are begging for money?

My net worth currently isn't that much, I'm quite young. I only have about $6000, I just spent 5k on tuition. I also have about 15k invested into a website, idk what the valuation of the site would be, I've never had it officially appraised.

zazarb, I'm in the US

[Vod]

My net worth currently isn't that much, I'm quite young. I only have about $6000, I just spent 5k on tuition. I also have about 15k invested into a website, idk what the valuation of the site would be, I've never had it officially appraised.

Well if have $6,000, why don't you build that money into all the money in the world?

I'm at a loss as to why you need $1,000 from here - except that you don't have to pay it back if something goes wrong. 

Why not go to a local loan shark and borrow all the money that you need, if it's guaranteed to be paid back?

[subwoofer12]

I'm at a loss as to why you need $1,000 from here - except that you don't have to pay it back if something goes wrong.

I would like to start with far more than that but obviously no one is going to loan me a massive amount without establishing trust in me first.
Also if you manage a portfolio yourself you understand diversification. It's never wise to put all your money into one investment, no matter how low the risk.

I'd like to point out what I said here:

The funds only remain in bitcoin for 10 minutes or less, so exposure to volatility is extremely limited

Other than that small amount of time the funds remain in fiat. Generally I can buy 4% under market, but this can vary slightly. If there's not a big enough spread I simply leave the funds in fiat and trade a couple minutes later. No sweat.

Personally I've been doing this with 3k. Let's say someone on here sends me 10k (I keep half the profit) versus me starting with 3k.



After 20 weeks that's a big difference.

[Vod]

Also if you manage a portfolio yourself you understand diversification. It's never wise to put all your money into one investment, no matter how low the risk.

If the risk is ZERO, as you claim, you'd be an idiot not to borrow everything you could from family and friends and make them rich while you make yourself rich.

Yet you are not including your family and friends in this "opportunity".  You are only asking for IRREVERSIBLE funds to an ANONYMOUS address.   

The problem with stupid people is they think everyone else is as stupid as they are.

[Undermood]

Too good to be true. No one is gonna believe you! You ruin your reputation. To be honest, you could have borrowed a reasonable amount of loan based on your reputation here and done your trading if you can really can make your strategy work. But now you lose your chance. I doubt if you are the real owner of this account. 

[subwoofer12]

If the risk is ZERO, as you claim

Can you please point out where I claimed there was zero risk? There's no such thing as an investment without any risk. Think external factors, what if Bitstamp pulls a Mt. Gox? (I don't foresee this)

You are only asking for IRREVERSIBLE funds to an ANONYMOUS address.

If you could read...

I should mention, to start I need funds in fiat

I'm starting with funds in fiat not bitcoin. I've never heard of such thing as an anonymous bank account.

So if you could be so kind and stop leaving me negative trust (and lying at the same time...)

Claims he can make a positive return "consistently" but yet for someone reason can't raise money from family and friends... needs to turn to an irreversible currency and an anonymous address.

There is no such thing as free money in this world. Lend to this person with extreme caution, as you will probably never see your coins again.

[subwoofer12]

I doubt if you are the real owner of this account. 

I've had this account since 2013. I can verify this.

[Vod]

So if you could be so kind and stop leaving me negative trust (and lying at the same time...)

I make it a point to be honest.

If you would be so kind as to point out where I lied in the feedback. I'll correct it.  Otherwise, we'll assume it's all true.

[subwoofer12]

I make it a point to be honest.

If you would be so kind as to point out where I lied in the feedback. I'll correct it.  Otherwise, we'll assume it's all true.

"needs to turn to an irreversible currency and an anonymous address"

There is no anonymity whatsoever on my end. The way I'd receive fiat is a deposit in my BofA account.

[Vod]

I make it a point to be honest.

If you would be so kind as to point out where I lied in the feedback. I'll correct it.  Otherwise, we'll assume it's all true.

"needs to turn to an irreversible currency and an anonymous address"

There is no anonymity whatsoever on my end. The way I'd receive fiat is a deposit in my BofA account.

That is still anonymous, unless someone wants to spend the time/coins to sue the bank and find out who you are. 

Most people won't bother, and will simply write the loan off.

I aim to be fair, so I will remove the "anonymous" part.

[subwoofer12]

That is still anonymous, unless someone wants to spend the time/coins to sue the bank and find out who you are.  

Most people won't bother, and will simply write the loan off.

I aim to be fair, so I will remove the "anonymous" part.

Maybe at other banks you only need the account number. But to deposit in someone elses account at BofA you need

Name
Account number
State account is in

I don't see why you just can't leave neutral feedback, I have never scammed anyone and it seriously affects me when I'm trading bitcoin on here.

And I have no problem revealing my identity
https://about.me/sanderspoel

[Quickseller]

And I have no problem revealing my identity
https://about.me/sanderspoel

Your identity is worthless. It is possible for someone to provide fake identity information, and even if it is real, your identity is not going to allow anyone to collect from you when you default.

If you actually have zero access to credit to help you with your "strategy" that is "risk free" then you should sell your method as I am sure a lot of people would be willing to buy this information.....they will of course demand escrow

[Vod]

I don't see why you just can't leave neutral feedback, I have never scammed anyone and it seriously affects me when I'm trading bitcoin on here.

Let me give you the most valuable piece of advice you will receive all day.

No one has scammed anyone until they do.

If you are serious about running a business trading bitcoin, put a sufficient collateral deposit with a trusted escrow, and trade all you want!

[gameristo]

Hello subwoofer12

I sent you private message and waiting for you

I ready trade with you in long terms and want start our very first trade

waiting for your reply

thanks