$1000-2000 of BTC Loan

[bluedye]

Why not sell it?
[/quote]

Definitely another option. I do love the mac though and kind of want to keep it. Im happy to put it on the line for a while, as a loan, as I know I can pay it back. I do have another laptop to use which has an i7 process inside and I plan to use this one whilst the mac is MIA.

[KWH]

Why not sell it?

Definitely another option. I do love the mac though and kind of want to keep it. Im happy to put it on the line for a while, as a loan, as I know I can pay it back.
[/quote]
Thing about shelving it as collateral, will it be worth anything say if you defaulted halfway into the loan?
Sacrifice for your dreams, sell, sell sell!

[bluedye]

Why not sell it?

Definitely another option. I do love the mac though and kind of want to keep it. Im happy to put it on the line for a while, as a loan, as I know I can pay it back.

Thing about shelving it as collateral, will it be worth anything say if you defaulted halfway into the loan?
Sacrifice for your dreams, sell, sell sell!
[/quote]


I only plan for a short term loan. 1-2 months max. I doubt the mac will not be worth anything if I were to default.


If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

[Vod]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

[bluedye]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

Ok. How much loan is this mac worth then?

[Korbman]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

Ok. How much loan is this mac worth then?

$1200 brand new. Most used ones on eBay are $600.

With this as collateral, I (personally) would only loan about $300 in Bitcoins...

[Puppet]

other crucial question is, are you loaning in dollar/euro or btc? Say I lend you 30 BTC, will you be paying back 30+ interest if BTC goes to $10 or to $100, or will you be paying the dollar equivalent? The laptops price will  be in dollar, so if the BTC price would collapse, your lender might be enticed to keep it. if the price goes through the roof, then you might want to forget about the laptop. And even if you'd want to keep your word, you might have a hard time paying back $3000.

[bluedye]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

Ok. How much loan is this mac worth then?

$1200 brand new. Most used ones on eBay are $600.

With this as collateral, I (personally) would only loan about $300 in Bitcoins...

nothing but lol

[bluedye]

other crucial question is, are you loaning in dollar/euro or btc? Say I lend you 30 BTC, will you be paying back 30+ interest if BTC goes to $10 or to $100, or will you be paying the dollar equivalent? The laptops price will  be in dollar, so if the BTC price would collapse, your lender might be enticed to keep it. if the price goes through the roof, then you might want to forget about the laptop. And even if you'd want to keep your word, you might have a hard time paying back $3000.

Said it few times already. USD value, NOT btc.

[Vod]

other crucial question is, are you loaning in dollar/euro or btc? Say I lend you 30 BTC, will you be paying back 30+ interest if BTC goes to $10 or to $100, or will you be paying the dollar equivalent? The laptops price will  be in dollar, so if the BTC price would collapse, your lender might be enticed to keep it. if the price goes through the roof, then you might want to forget about the laptop. And even if you'd want to keep your word, you might have a hard time paying back $3000.

Said it few times already. USD value, NOT btc.

Makes no sense to loan to you then.

Prices keep going up - you get all the profit and lender gets all the risk.   

[bluedye]

other crucial question is, are you loaning in dollar/euro or btc? Say I lend you 30 BTC, will you be paying back 30+ interest if BTC goes to $10 or to $100, or will you be paying the dollar equivalent? The laptops price will  be in dollar, so if the BTC price would collapse, your lender might be enticed to keep it. if the price goes through the roof, then you might want to forget about the laptop. And even if you'd want to keep your word, you might have a hard time paying back $3000.

Said it few times already. USD value, NOT btc.

Makes no sense to loan to you then.

Prices keep going up - you get all the profit and lender gets all the risk.  

Never mind. I think I will delete this thread. I have one potential offer with a bank transfer and will see how that pans out.



Oh and yh, keep dreaming that BTC is gonna keep soaring as it has been. Simple economics.

[Korbman]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

Ok. How much loan is this mac worth then?

$1200 brand new. Most used ones on eBay are $600.

With this as collateral, I (personally) would only loan about $300 in Bitcoins...

nothing but lol

Yeah, I lol'd too when I saw you paid $1800 for a $1300 device.

Straight from the Apple.com website...ssuurrvveeyyy says:

[bluedye]

If it helps I am looking for a loan of approx $1700 and the list price of this mac new is £1350 which is $1800.

That actually hurts you.  You could default, and it would be like you sold this laptop for cash - win win for you.  I doubt anyone could get $1700 from a used laptop.

If you are looking for a loan of $1700, provide collateral worth at least $2,500.  That way you have incentive to repay the loan, and not just walk away.

Ok. How much loan is this mac worth then?

$1200 brand new. Most used ones on eBay are $600.

With this as collateral, I (personally) would only loan about $300 in Bitcoins...

nothing but lol

Yeah, I lol'd too when I saw you paid $1800 for a $1300 device.

Straight from the Apple.com website...ssuurrvveeyyy says:
https://i.imgur.com/BxVqeIf.jpg

I lol'd at your American attitude and how you think the world revolves around the USD.

Here in the EU, goods are generally much more expensive. Check the UK amazon alternative and get back to me..

[Vod]

I lol'd at your American attitude and how you think the world revolves around the USD.

Fine - you guys lol'd at each other.

You can lock the thread you know.

[CurbsideProphet]

I lol'd at your American attitude and how you think the world revolves around the USD.

Here in the EU, goods are generally much more expensive. Check the UK amazon alternative and get back to me..

Maybe you should have asked for a loan in Euro then?  Your title indicates USD.