jasinlee
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December 04, 2012, 06:19:26 AM |
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But curious. What happens if you default on the loans? You say there isn't a form of consumer bankruptcy over there. Does that mean there is a "debtor's prison"?
That's one of the founding principles of the U.S. You can't be put in jail just because you owe someone money. (Except in the case of child support, which isn't being jailed for not paying a debt, it is being jailed for defying a court order, i.e. contempt.)
No prison, but take away all the property and large share of official income for a long years. It kills my dream about village home and plant potatoes. All my life I'll urban poor. In mother russia electricity buys you.
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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December 04, 2012, 09:09:10 AM |
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odesk.com?
It you have sysadmin/programming skills, sell them...
I don't think you will pay taxes over them and I think that 500$/month should be easy to do..
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
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AndrewBUD
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December 04, 2012, 03:10:07 PM |
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Do some extra nasty shit that no others do....
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
| | | | .'M████▀▀██ ██ W█Ws'V██ ██▄▄███▀▀█ i█████m.~M████▀▀██ ███ d███████Ws'V██ ██████ ****M██████m.~███f~~__mW█ ██▀▀▀████████= Y██▀▀██W ,gm███████ g█████▄▄▄██ █A~`_WW Y█ ██!,████████ g▀▀▀███ ████▀▀`_m████i!████P W███ ██ _███▄▄▄██▀▀▀███Af`_m███ █W ███A ]███ ██ __ ~~~▀▀▀▀▄▄▄█*f_m██████ ██i!██!i███████ Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████ 8█ █▀▀█████.!██ ██████████i! █████ '█ █ █ █W M█▄▄▄██████ ██ !██ !███▄▄█ ██i'██████████ ██ Y███████████.]██████████████ █ ███████b ███ ██████ Y █ █▀▀█i!██ ████ V███ █ █W Y█████ ~~▀███▄▄▄█['███ ~~*██ | | Play | | | | │ │ ███ │ ███ │ ███ │ │ ███ ███ │ ███ ███ ███ ███ │ ███ ███ ███ ███ ███ ███ ███ ███ ███ │ │ ███ ███ │ │ │ │ │ | | Trade | | | | __▄▄████▄▄ __▄▄███████████████▄▄▄ _▄▄█████████▀▀~`,▄████████████▄▄▄ ~▀▀████▀▀~`,_▄▄███████████████▀▀▀ d█~ =▀███████████████▀▀ ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄ ,W█. *████▄▄__ ' __▄▄█████ !██P █████████████████████ W█. - ██████████████████▀ i██[ ~ ▀▀█████████▀▀▀ g███! Y███ | | Learn |
[/tabl
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Jutarul
Donator
Legendary
Offline
Activity: 994
Merit: 1000
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December 04, 2012, 10:13:27 PM Last edit: December 04, 2012, 10:28:27 PM by Jutarul |
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But curious. What happens if you default on the loans? You say there isn't a form of consumer bankruptcy over there. Does that mean there is a "debtor's prison"?
That's one of the founding principles of the U.S. You can't be put in jail just because you owe someone money. (Except in the case of child support, which isn't being jailed for not paying a debt, it is being jailed for defying a court order, i.e. contempt.)
However, you can be put into jail for fraud, i.e. if the debt is not due to unforeseen circumstances. Usually "not unforeseen" means intentional, but can also mean that you took too much of a financial risk (e.g. taking out a loan and going All-in on number 7 in a game of roulette). No prison, but take away all the property and large share of official income for a long years. It kills my dream about village home and plant potatoes. All my life I'll urban poor.
Then it's similar to other jurisdictions. You made a bad choice and now don't want to suffer the consequences. I don't support that. However, here's my piece of advice: Put all those precious bitcoins you mined into a save place (read about Armory offline wallets, brain wallets). Liquidize your mining equipment. Talk to the bank about getting out of that bad contract. Tell them, if together you can not come up with a solution (e.g. a lower interest rate, maybe 5%) you will likely to go bankrupt, which means they won't see any money at all. (However, they may know about your assets, which removes that bargaining power). You may have to add additional owners to your house to protect it against forced liquidation. Not everybody is in the position to benefit from the evolution of the bitcoin mining market. You're in a bad spot: Expensive money, bad technical advice and no privileged access to modern mining equipment (ASICs). The only advantage you have is low power costs. But that's not enough. The only business model which would have made sense is to offer mining equipment hosting, i.e. let other people buy the mining hardware and carry the risk of hardware deprecation. You then only charge a hosting fee.
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Al the Alpaca
Full Member
Offline
Activity: 205
Merit: 100
The Future Of Work
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December 06, 2012, 12:46:33 AM |
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Do some extra nasty shit that no others do.... Now we're talkin'. I'm bookin' a flight to Russia. ~Sex with Al~
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AndrewBUD
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December 06, 2012, 01:00:55 AM |
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Do some extra nasty shit that no others do.... Now we're talkin'. I'm bookin' a flight to Russia. ~Sex with Al~ See.. You could make big bucks. Russian couple vs. Al the Alpaca in "Bestiality"
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
| | | | .'M████▀▀██ ██ W█Ws'V██ ██▄▄███▀▀█ i█████m.~M████▀▀██ ███ d███████Ws'V██ ██████ ****M██████m.~███f~~__mW█ ██▀▀▀████████= Y██▀▀██W ,gm███████ g█████▄▄▄██ █A~`_WW Y█ ██!,████████ g▀▀▀███ ████▀▀`_m████i!████P W███ ██ _███▄▄▄██▀▀▀███Af`_m███ █W ███A ]███ ██ __ ~~~▀▀▀▀▄▄▄█*f_m██████ ██i!██!i███████ Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████ 8█ █▀▀█████.!██ ██████████i! █████ '█ █ █ █W M█▄▄▄██████ ██ !██ !███▄▄█ ██i'██████████ ██ Y███████████.]██████████████ █ ███████b ███ ██████ Y █ █▀▀█i!██ ████ V███ █ █W Y█████ ~~▀███▄▄▄█['███ ~~*██ | | Play | | | | │ │ ███ │ ███ │ ███ │ │ ███ ███ │ ███ ███ ███ ███ │ ███ ███ ███ ███ ███ ███ ███ ███ ███ │ │ ███ ███ │ │ │ │ │ | | Trade | | | | __▄▄████▄▄ __▄▄███████████████▄▄▄ _▄▄█████████▀▀~`,▄████████████▄▄▄ ~▀▀████▀▀~`,_▄▄███████████████▀▀▀ d█~ =▀███████████████▀▀ ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄ ,W█. *████▄▄__ ' __▄▄█████ !██P █████████████████████ W█. - ██████████████████▀ i██[ ~ ▀▀█████████▀▀▀ g███! Y███ | | Learn |
[/tabl
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bce
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December 06, 2012, 02:45:13 AM |
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I have no idea what you're up against personally, but how about this: Seek employment in Moscow, if that's where the jobs are - but sell what you can before leaving the house behind in order to save up funds for a month of living expenses. Go to Moscow with the video cards, have sales of them lined-up to pay your bills until you can find a job (one more month of living expenses). Work and just hope that bitcoin prices go up enough to pay off the loan sharks. If not, then you're screwed anyway, right? At least you'll be screwed in Moscow or wherever the jobs are.
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Jutarul
Donator
Legendary
Offline
Activity: 994
Merit: 1000
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December 06, 2012, 04:30:15 AM |
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Why is everyone giving him advice? He doesn't want advice. He wants money.
Because the guy needs advice. Money won't help him avoiding stupid decisions.
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bce
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December 06, 2012, 08:57:07 AM |
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Why do we care? What gives credibility to this plea for BTC? This: I understand that the GPUs generate heat, and that's why your wife is OK with only wearing her underwear, but Maniac... Why is she standing on a stool? I just hope your wife has some thermally appropriate clothing when the GPUs are powered down.
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Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1011
Reverse engineer from time to time
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December 06, 2012, 02:09:54 PM |
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Honestly this is your own problem and I can't believe you have the balls to come here begging after you screwed up so badly. Why should anyone give you their hard earned money when you couldn't even be bothered to use a calculator and do some rough figures before putting yourself into 10k worth of debt.... I am pretty gob smacked right now. I'm sorry but you are stupid and I can't see you getting any sympathy around here. You must be American. But your points are valid.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Maniac (OP)
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December 08, 2012, 04:43:53 PM |
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Why do we care? What gives credibility to this plea for BTC? This: I understand that the GPUs generate heat, and that's why your wife is OK with only wearing her underwear, but Maniac... Why is she standing on a stool? I just hope your wife has some thermally appropriate clothing when the GPUs are powered down. She is standing on a stool because it doing photo "rigs and wife" more beautiful in close small balcony.
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 04:44:37 PM |
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odesk.com?
It you have sysadmin/programming skills, sell them...
I don't think you will pay taxes over them and I think that 500$/month should be easy to do..
I am stupid province IT, no high skills.
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 04:47:37 PM |
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However, here's my piece of advice: Put all those precious bitcoins you mined into a save place (read about Armory offline wallets, brain wallets). Liquidize your mining equipment. Talk to the bank about getting out of that bad contract. Tell them, if together you can not come up with a solution (e.g. a lower interest rate, maybe 5%) you will likely to go bankrupt, which means they won't see any money at all. (However, they may know about your assets, which removes that bargaining power). You may have to add additional owners to your house to protect it against forced liquidation.
Thank you very much for the help! I'll try something like that if I finally cornered.
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 04:48:55 PM |
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Thank you very much mr. who send me 0.00016 BTC !!!
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 04:49:59 PM |
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Thank you very much mr. who send me 0.00005 BTC !!!
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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December 08, 2012, 05:41:49 PM |
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Thank you very much mr. who send me 0.00005 BTC !!!
Cool, you only need to do 200'000 posts to reach 10BTC at this rate. I will tell you a secret. Many skilled IT pros work from home, using a thing called Internet.
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
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jasinlee
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December 08, 2012, 09:44:18 PM |
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Thank you very much mr. who send me 0.00005 BTC !!!
Cool, you only need to do 200'000 posts to reach 10BTC at this rate. I will tell you a secret. Many skilled IT pros work from home, using a thing called Internet. Lies stick to the dog fights and wife pimping.
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Maniac (OP)
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December 08, 2012, 10:46:03 PM Last edit: December 08, 2012, 10:57:13 PM by Maniac |
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Thank you thank you very much kindest man who send me 2 BTC!!! It is food for me and my wife for a 2 days! All the coins (BTC, LTC) that I'll mining these two days will be used to repay the loans directly to the bank (Pool - Trade (btc-e.com) - Bank) !!! Thank you, Mr.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 10:55:38 PM |
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Thank you Mr. who send me 0.0001 BTC !
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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Maniac (OP)
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December 08, 2012, 11:03:01 PM |
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Thank you, Mr. who send me 0.00069 BTC !
Thank you, Mr. who send me 0.00000069 BTC !
Thank you, Mr. who send me 0.00000001 BTC !
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Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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