w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 05:20:48 PM |
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Hello.
Loan amount request: 0.025BTC
Reason: Going to bet on cloudbet or nitrogensports.
Term Length: 7 Days or maybe less (if i win the bet).
Interest: 0.005BTC
Bitcoin Address: 1KDcJ27dTDhXpb52tWS4Y4dFmaceswVc2N
Amount to Repay: 0.03BTC
(I copied this "template" from a loan from another user. )
I can give you my info, ID, address proof, whatever you want. I know i'm a new user here, but that doesn't mean that i'm a scammer.
I have just one question. What means "collateral"? I already read the thread but i couldn't understand. I'm sorry, my english isn't the best.
Regards.
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The Sceptical Chymist
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Activity: 3514
Merit: 6986
Top Crypto Casino
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October 22, 2015, 05:24:21 PM |
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How would knowing any of your information help me as a lender if, for example we are in different countries? You can very easily run off with my Bitcoin. And if you're going to use a loan to gamble, that's a horrible idea. Gamble with your own money.
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 05:27:31 PM |
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How would knowing any of your information help me as a lender if, for example we are in different countries? You can very easily run off with my Bitcoin. And if you're going to use a loan to gamble, that's a horrible idea. Gamble with your own money.
Yes you're right. Didn't thought about that. There will be games (soccer one) today that i would like to bet. I'm just asking this loan because i only receive my paycheck in 5-7 days. Anyway, thanks for answering my thread. Regards. |
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Laosai
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October 22, 2015, 05:39:01 PM |
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Lol, it's not recommended to borrow or lend someone just for gambling anyways here's a quote from a reputable member regarding to collateral: What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
.....
What is not considered collateral?
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- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
...
Your loan request is going nowhere, just lock this thread |
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 05:44:17 PM |
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Lol, it's not recommended to borrow or lend someone just for gambling anyways here's a quote from a reputable member regarding to collateral: What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
.....
What is not considered collateral?
...
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
...
Your loan request is going nowhere, just lock this thread Ok. Thanks for the quote. Appreciated. I'm just being honest with the community. I searched and many loans says "private" as a reason. People could do that in order to receive the loan, but they could gamble the money. Anyway, thanks for the answer. Regards. |
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marjod
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October 22, 2015, 06:32:43 PM |
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It seems that OP owned previously an dice site who seems to have its account suspended.
If you planned to lend to this user, you should require a valid collateral, chances are that he will default the loan.
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 06:39:18 PM |
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It seems that OP owned previously an dice site who seems to have its account suspended.
If you planned to lend to this user, you should require a valid collateral, chances are that he will default the loan.
The website wasn't "mine". I was just supporting the website. I was paid to fix the issues, etc. My friend hosted the website in hostgator.com which isn't allowed for gambling. And he decided to quit the idea. Nothing else. Thanks for the answer, Regards. |
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bitcoin revo
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October 22, 2015, 07:19:29 PM |
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I have just one question. What means "collateral"?
If you don't already know what collateral means, it means something that you give us to give incentive for you to repay the loan, as well as so that we can recover the value of the loan if you happen to default (don't pay back) the loan. Have anything that's worth 0.025 BTC (at least)? |
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 07:22:21 PM |
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I have just one question. What means "collateral"?
If you don't already know what collateral means, it means something that you give us to give incentive for you to repay the loan, as well as so that we can recover the value of the loan if you happen to default (don't pay back) the loan. Have anything that's worth 0.025 BTC (at least)? Oh ok. Thanks for the explanation. I have VPS that worth 6$. I'm not seeing any other "digital goods" that worth 0.025 btc BTC.. Steam account with games count as collateral ? Regards. |
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bitcoin revo
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October 22, 2015, 07:27:07 PM |
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Oh ok. Thanks for the explanation.
I have VPS that worth 6$.
-snip-
Steam account with games count as collateral ?
Regards.
Give us more information on the VPS, although I'm relatively sure that it probably won't count as collateral for most loaners. As for Steam, here's a good rule of thumb: most anything with Steam as collateral will not work. This includes gifts & items (can be chargedback and even leads to the loaner's Steam account becoming suspended) as well as Steam accounts (you can easily contact Steam support and tell them that your account was hacked). I'm not seeing any other "digital goods" that worth 0.025 btcBTC..
Then chances are you won't get this loan. Tough luck, sorry. |
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 07:30:12 PM |
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Oh ok. Thanks for the explanation.
I have VPS that worth 6$.
Steam account with games count as collateral ?
Regards.
Give us more information on the VPS, although I'm relatively sure that it probably won't count as collateral for most loaners. As for Steam, here's a good rule of thumb: most anything with Steam as collateral will not work. This includes gifts & items (can be chargedback and even leads to the loaner's Steam account becoming suspended) as well as Steam accounts (you can easily contact Steam support and tell them that your account was hacked). I'm not seeing any other "digital goods" that worth 0.025 btcBTC..
Then chances are you won't get this loan. Tough luck, sorry. RAM: 1GB HDD: 25 GB Bandwith: 1000 GB OS: Linux Oh ok. So steam doesn't count. I'll try to think in any other solution.. I think i have 1x iTunes gift card that worth 10$, but i'm not sure if i used it yet or not :s Thanks for answer. Regards. |
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bitcoin revo
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Merit: 1049
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October 22, 2015, 07:52:23 PM |
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RAM: 1GB
HDD: 25 GB
Bandwith: 1000 GB
OS: Linux
Oh ok. So steam doesn't count. I'll try to think in any other solution..
I think i have 1x iTunes gift card that worth 10$, but i'm not sure if i used it yet or not :s
Thanks for answer.
Regards.
I believe iTunes won't work either, since there's always the possibility of you buying it with a credit card and then charging back. What VPS provider do you use? Do they offer VPS transfers among client accounts? If not, how are you planning to send it to us? |
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 08:05:34 PM |
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RAM: 1GB
HDD: 25 GB
Bandwith: 1000 GB
OS: Linux
Oh ok. So steam doesn't count. I'll try to think in any other solution..
I think i have 1x iTunes gift card that worth 10$, but i'm not sure if i used it yet or not :s
Thanks for answer.
Regards.
I believe iTunes won't work either, since there's always the possibility of you buying it with a credit card and then charging back. What VPS provider do you use? Do they offer VPS transfers among client accounts? If not, how are you planning to send it to us? I think they don't offer vps transfers.. I can send the email, the password and the email password too. Everything that is needed. The provider is: interserver.net Thanks for the answer. Regards. |
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UsedToHoldeM
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Activity: 56
Merit: 0
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October 22, 2015, 08:33:31 PM |
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RAM: 1GB
HDD: 25 GB
Bandwith: 1000 GB
OS: Linux
Oh ok. So steam doesn't count. I'll try to think in any other solution..
I think i have 1x iTunes gift card that worth 10$, but i'm not sure if i used it yet or not :s
Thanks for answer.
Regards.
I believe iTunes won't work either, since there's always the possibility of you buying it with a credit card and then charging back. What VPS provider do you use? Do they offer VPS transfers among client accounts? If not, how are you planning to send it to us? I think they don't offer vps transfers.. I can send the email, the password and the email password too. Everything that is needed. The provider is: interserver.net Thanks for the answer. Regards. I can give you the loan. You'r account as collateral, you can give the account to me or we use a trusted escrow for this transaction. |
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w40ut (OP)
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Activity: 70
Merit: 10
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October 22, 2015, 08:45:46 PM |
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UsedToHoldeM
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October 26, 2015, 09:31:34 PM |
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Tomorrow is the day!
Dont forget!
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UsedToHoldeM
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October 28, 2015, 01:58:32 AM |
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I sent him a PM since I didnt get the loan paid, and no messege was sent to me today regarding this transacion done.
Will wait for 24hs for an answer.
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Laosai
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October 28, 2015, 05:57:51 AM |
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I sent him a PM since I didnt get the loan paid, and no messege was sent to me today regarding this transacion done.
Will wait for 24hs for an answer.
Its been two days since the due date of his loan and yet you didn't receive any response from him? I guess it is safe to say that he already defaulted on his loan  |
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UsedToHoldeM
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Activity: 56
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October 28, 2015, 11:25:02 AM |
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I sent him a PM since I didnt get the loan paid, and no messege was sent to me today regarding this transacion done.
Will wait for 24hs for an answer.
Its been two days since the due date of his loan and yet you didn't receive any response from him? I guess it is safe to say that he already defaulted on his loan I guess ur right. Well... leaving the proper trust.... |
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