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Blazr (OP)
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January 05, 2013, 11:49:39 AM
Last edit: October 04, 2015, 08:29:48 PM by Blazr |
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removed
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repentance
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January 05, 2013, 12:17:45 PM |
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Finally, a decent thread in this forum. Looks like you've put some thought into how to mitigate your risk which is great to see. Maybe add a minimum registration period to the minimum post requirement - lots of people rack up 150 posts in their first week or two.
Good luck with this venture.
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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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Akka
Legendary
 Online
Activity: 1232
Merit: 1001
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January 08, 2013, 07:24:10 PM |
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When will you start accepting "inverstors" (just kidding)
Nice attempt and hell about time that someone starts inflating this ridiculous high interest expectations here (5-10% is still high, though).
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All previous versions of currency will no longer be supported as of this update
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
 Offline
Activity: 1316
Merit: 1043
👻
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January 10, 2013, 10:53:43 AM |
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Nice attempt and hell about time that someone starts inflating this ridiculous high interest expectations here (5-10% is still high, though).
5-10% isn't really a high interest rate. The best rate most people can get from a traditional bank for a loan with no collateral is around 2.25% monthly, and thats usually only for longer period loans. Check out this company: https://www.wonga.com/Representative APR 4214% They offer exactly what I offer except they deal in fiat money. In the scale of things, 5-10% isn't really that bad for a 30 day loan. Agreed. It depends on the duration, amount, and most importantly the risk. |
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bowen151
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January 11, 2013, 03:47:27 PM |
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Loan from Blazr
Amount: 10BTC
Due Date: 31st/01/13
Repayment amount: 10.5BTC
Late fees: 2%/day
Funding address: 1N8hrdssnmRMwzmkFcDZasnxkWSiaD1FDz
Loan to be repaid to 1LHGZ68XFkHb3phaBNwNqtz14fKoESMvHK
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-Buying/Selling graphics cards every month --Buying BTC every month £/$/€200+ wanted ---UK based re-seller of physical bitcoins Click here to buy |
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bowen151
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January 15, 2013, 11:58:31 AM |
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-Buying/Selling graphics cards every month --Buying BTC every month £/$/€200+ wanted ---UK based re-seller of physical bitcoins Click here to buy |
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21after2
Member
Offline
Activity: 112
Merit: 16
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January 18, 2013, 04:59:25 PM |
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I don't need a loan, so this is simply out of curiosity: do you only lend to miners? I see that you look for verification of mining income, but not any other source of income.
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21after2
Member
Offline
Activity: 112
Merit: 16
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January 18, 2013, 08:03:37 PM |
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I don't need a loan, so this is simply out of curiosity: do you only lend to miners? I see that you look for verification of mining income, but not any other source of income.
I'll lend to anyone I feel will repay on time (including miners & non-miners). Those verification steps are optional. I gotcha. Do you ever ask for income statements from other borrowers (or recommend they have them), like pay stubs or something? I could see those adding assurance that the borrower can pay their debt. |
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bowen151
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January 30, 2013, 02:37:56 PM |
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Loan from Blazr
Amount: 15BTC
Due Date: 16/02/13
Repayment amount: 16.5BTC
Late fees: 1%/day
Funding address: 19o9VkNNdNRC9X4Uwg3Xq84nYvdGa6mabB
Loan to be repaid to 1LHGZ68XFkHb3phaBNwNqtz14fKoESMvHK
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-Buying/Selling graphics cards every month --Buying BTC every month £/$/€200+ wanted ---UK based re-seller of physical bitcoins Click here to buy |
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notig
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February 09, 2013, 05:04:00 AM |
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Just curious but what is the typical usage case for someone receiving one of these loans?
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
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February 10, 2013, 11:24:05 AM |
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Just curious but what is the typical usage case for someone receiving one of these loans?
The same use for credit cards?  |
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bowen151
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February 12, 2013, 02:13:46 PM |
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I have begun to accumulate coins once again so repayment should commence as planned  Just for future reference though: do you have any terms regarding BTC value fluctuations? If there is a percentage threshold it goes over, can we lock it down to a dollar amount (example BTC value goes up 20%, loan rate gets frozen at an agreed upon $ rate)? Or would you prefer it to be free floating and not pegged to a USD worth? With the volatile nature of BTC it could be worth a thought or two maybe. Cheers. |
-Buying/Selling graphics cards every month --Buying BTC every month £/$/€200+ wanted ---UK based re-seller of physical bitcoins Click here to buy |
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segabtc
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February 18, 2013, 05:05:52 AM |
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whats rate for 20 btc for 30 days?
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Scott J
Legendary
Offline
Activity: 1792
Merit: 1000
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March 06, 2013, 11:58:02 PM |
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Loan to Scott Jr
Loan amount: $400
Monthly interest: 6%
Min. payment: $130
Loan to be funded and repaid using Gox codes
Confirmed. Thank you |
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legendster
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May 04, 2013, 05:18:38 PM |
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June 15, 2013, 06:27:13 PM |
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From PM: Hi,
Yeah I can do that. If you still need the loan please quote this PM and reply with "I agree to these terms" and include your BTC address.
Loan of 5BTC, with repayment of 5.125BTC on or before 18th/June to <snip>
I agree to these terms My address is <snip> Thanks Blazr Repaid a few days early , thanks alot! |
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