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Author Topic: $13 loan  (Read 1201 times)
SwingFirst (OP)
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February 06, 2016, 02:54:20 PM
 #1

Loan amount:
$13 worth of BTC

Collateral:
Is my trust good enough to skip that hassle?

Repayment amount:
$14 worth of BTC

Repayment due:
No later than March 1st 2016, likely way before then.

Address:
17j2rzt2XcVZFiYBft7GbgVsfYhwXKPFvZ

Thanks! Smiley
DarkStar_
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February 06, 2016, 02:59:59 PM
 #2

Would you be willing to do this in BTC terms, not dollars?
Also, can you sign a message from an old address?

taking a break - expect delayed responses
Sarahiko
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February 06, 2016, 03:01:19 PM
 #3

Is it possible to use your account for collateral for this loan.You can choose any trusted escrow to hold this account.
Alaki
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February 06, 2016, 03:01:31 PM
 #4

Yep, I'll fill this loan. Basically I'll need a signed message & I'd entreat you to ask for loan in bitcoins. I'll not accept dollars. Agree?
P.S.-> Someone is filling this loan(above me), I'd guess.
SwingFirst (OP)
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February 06, 2016, 03:06:26 PM
 #5

Would you be willing to do this in BTC terms, not dollars?
Also, can you sign a message from an old address?
I don't like taking long-ish term loans in BTC terms becuase of price changes, so no sorry Sad

Below is an old address and a signed message!
Thank you based OP for giving me this opportunity to make my ten bucks!  Smiley

1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2

-snip-
Address:
Code:
1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2
Message:
Code:
SwingFirst here from bitcointalk.org, today's date is February 6th 2016
Signature:
Code:
HIBEI9k61XpVcV5Of5Hw9tW5Q3MNVVEGuqxc5deDntWgdczpzTH4RGdBzrfgeiSS7l7IlwhsgxpdJ45xjW6Mzc4=
SwingFirst (OP)
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February 06, 2016, 03:07:16 PM
 #6

Is it possible to use your account for collateral for this loan.You can choose any trusted escrow to hold this account.
I want to use my account, so that's not an option. But I can let you hold WARP in the meantime if you'd like to!
OmegaSquadTeemo
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February 06, 2016, 03:17:00 PM
 #7

The problem with $ loans is that if the price of BTC goes up during the loan so that $14 is in BTC than $13, the loaner loses.
SwingFirst (OP)
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February 06, 2016, 03:18:50 PM
 #8

The problem with $ loans is that if the price of BTC goes up during the loan so that $14 is in BTC than $13, the loaner loses.
Well, if you lend $13 and at the same time buy BTC for $13, then you won't lose, but earn $1! Smiley
DarkStar_
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February 06, 2016, 03:19:44 PM
 #9

Would you be willing to do this in BTC terms, not dollars?
Also, can you sign a message from an old address?
I don't like taking long-ish term loans in BTC terms becuase of price changes, so no sorry Sad

Below is an old address and a signed message!
Thank you based OP for giving me this opportunity to make my ten bucks!  Smiley

1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2

-snip-
Address:
Code:
1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2
Message:
Code:
SwingFirst here from bitcointalk.org, today's date is February 6th 2016
Signature:
Code:
HIBEI9k61XpVcV5Of5Hw9tW5Q3MNVVEGuqxc5deDntWgdczpzTH4RGdBzrfgeiSS7l7IlwhsgxpdJ45xjW6Mzc4=

How about these terms:
Amount: 13$ USD in bitcoin
Repayment by March 1st
Repayment of 14$ USD or the same amount of bitcoin sent as the loan, whichever is greater.
Just don't want to be in the negatives if the bitcoin price rises a lot.

taking a break - expect delayed responses
SwingFirst (OP)
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February 06, 2016, 03:21:40 PM
 #10

Would you be willing to do this in BTC terms, not dollars?
Also, can you sign a message from an old address?
I don't like taking long-ish term loans in BTC terms becuase of price changes, so no sorry Sad

Below is an old address and a signed message!
Thank you based OP for giving me this opportunity to make my ten bucks!  Smiley

1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2

-snip-
Address:
Code:
1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2
Message:
Code:
SwingFirst here from bitcointalk.org, today's date is February 6th 2016
Signature:
Code:
HIBEI9k61XpVcV5Of5Hw9tW5Q3MNVVEGuqxc5deDntWgdczpzTH4RGdBzrfgeiSS7l7IlwhsgxpdJ45xjW6Mzc4=

How about these terms:
Amount: 13$ USD in bitcoin
Repayment by March 1st
Repayment of 14$ USD or the same amount of bitcoin sent as the loan, whichever is greater.
Just don't want to be in the negatives if the bitcoin price rises a lot.

I can agree with that! Smiley
DarkStar_
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February 06, 2016, 03:24:51 PM
 #11

Would you be willing to do this in BTC terms, not dollars?
Also, can you sign a message from an old address?
I don't like taking long-ish term loans in BTC terms becuase of price changes, so no sorry Sad

Below is an old address and a signed message!
Thank you based OP for giving me this opportunity to make my ten bucks!  Smiley

1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2

-snip-
Address:
Code:
1DNwZfpCYkmPP82xty7HThv9ngadjQa2T2
Message:
Code:
SwingFirst here from bitcointalk.org, today's date is February 6th 2016
Signature:
Code:
HIBEI9k61XpVcV5Of5Hw9tW5Q3MNVVEGuqxc5deDntWgdczpzTH4RGdBzrfgeiSS7l7IlwhsgxpdJ45xjW6Mzc4=

How about these terms:
Amount: 13$ USD in bitcoin
Repayment by March 1st
Repayment of 14$ USD or the same amount of bitcoin sent as the loan, whichever is greater.
Just don't want to be in the negatives if the bitcoin price rises a lot.

I can agree with that! Smiley
Sign a message with the loan amount, repayment amount and with those terms.
Then I will fund this loan.

taking a break - expect delayed responses
SwingFirst (OP)
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February 06, 2016, 03:28:34 PM
 #12

Sign a message with the loan amount, repayment amount and with those terms.
Then I will fund this loan.

Message
Code:
SwingFirst taking a loan from DarkStar_ and I agree to pay back $14 or the same amount of bitcoins as the loan, whichever is greatest. Repayment due is March 1st 2016.

Signature:
Code:
HGcRQ3lMRun3ekKhtHYLDPfn/xXuv9HLD8BqBuPsriELFI8ykunhjHhr9gJO+EWZAfZZtIxZ73n7iziFSxpQ2ls=

Thank you!
DarkStar_
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February 06, 2016, 03:38:20 PM
 #13

Sign a message with the loan amount, repayment amount and with those terms.
Then I will fund this loan.

Message
Code:
SwingFirst taking a loan from DarkStar_ and I agree to pay back $14 or the same amount of bitcoins as the loan, whichever is greatest. Repayment due is March 1st 2016.

Signature:
Code:
HGcRQ3lMRun3ekKhtHYLDPfn/xXuv9HLD8BqBuPsriELFI8ykunhjHhr9gJO+EWZAfZZtIxZ73n7iziFSxpQ2ls=

Thank you!
One last thing - Which site would you like to use for the exchange rate?

taking a break - expect delayed responses
SwingFirst (OP)
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February 06, 2016, 03:39:18 PM
 #14

Sign a message with the loan amount, repayment amount and with those terms.
Then I will fund this loan.

Message
Code:
SwingFirst taking a loan from DarkStar_ and I agree to pay back $14 or the same amount of bitcoins as the loan, whichever is greatest. Repayment due is March 1st 2016.

Signature:
Code:
HGcRQ3lMRun3ekKhtHYLDPfn/xXuv9HLD8BqBuPsriELFI8ykunhjHhr9gJO+EWZAfZZtIxZ73n7iziFSxpQ2ls=

Thank you!
One last thing - Which site would you like to use for the exchange rate?
http://preev.com/ is fine yes?
DarkStar_
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February 06, 2016, 03:42:41 PM
 #15

Sign a message with the loan amount, repayment amount and with those terms.
Then I will fund this loan.

Message
Code:
SwingFirst taking a loan from DarkStar_ and I agree to pay back $14 or the same amount of bitcoins as the loan, whichever is greatest. Repayment due is March 1st 2016.

Signature:
Code:
HGcRQ3lMRun3ekKhtHYLDPfn/xXuv9HLD8BqBuPsriELFI8ykunhjHhr9gJO+EWZAfZZtIxZ73n7iziFSxpQ2ls=

Thank you!
One last thing - Which site would you like to use for the exchange rate?
http://preev.com/ is fine yes?
Yeah, it is what I normally use but wanted to know what you liked.
Message verified too
Preev rate as of now:


tx: https://blockchain.info/tx/351c5ee5043b770dc0ac8d55bc678847449ecebbfe9b92bc0e64f225b81bd44e
Please repay 14$ or 0.03741, which ever is greater to
1Loan1eNRVXQ1Nt6D5L2UAEWjsFxXojbJY by March 1st. Thanks!

taking a break - expect delayed responses
SwingFirst (OP)
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February 06, 2016, 03:49:08 PM
 #16

Loan funded, locking thread for now! Thanks DarkStar_! Smiley
SwingFirst (OP)
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February 18, 2016, 10:41:24 PM
 #17

Loan repaid! Thanks a lot DarkStar_ for giving me this loan. Smiley
DarkStar_
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February 18, 2016, 11:05:55 PM
 #18

Loan repaid! Thanks a lot DarkStar_ for giving me this loan. Smiley
Repayment confirmed, thanks!
You repaid 0.0355779 BTC though, and our terms stated above that you will repay 0.03741 or 15$ worth of BTC, which ever is greatest and 0.03741BTC  is greater. It's a petty ~0.002BTC extra, but I don't like being in the negatives from loans so it would be nice if you would pay the remainder sometime.

taking a break - expect delayed responses
SwingFirst (OP)
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February 18, 2016, 11:09:47 PM
 #19

Loan repaid! Thanks a lot DarkStar_ for giving me this loan. Smiley
Repayment confirmed, thanks!
You repaid 0.0355779 BTC though, and our terms stated above that you will repay 0.03741 or 15$ worth of BTC, which ever is greatest and 0.03741BTC  is greater. It's a petty ~0.002BTC extra, but I don't like being in the negatives from loans so it would be nice if you would pay the remainder sometime.
Oops, I accidentally sent only $15. Sending the remaining 0.002BTC immediately! Smiley
The Sceptical Chymist
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February 19, 2016, 12:02:05 AM
 #20

Loan repaid! Thanks a lot DarkStar_ for giving me this loan. Smiley
Repayment confirmed, thanks!
You repaid 0.0355779 BTC though, and our terms stated above that you will repay 0.03741 or 15$ worth of BTC, which ever is greatest and 0.03741BTC  is greater. It's a petty ~0.002BTC extra, but I don't like being in the negatives from loans so it would be nice if you would pay the remainder sometime.
Nice to see a loan work out well for a change.  I get pretty jaded about this forum from having seen so many scam attempts.

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