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Author Topic: I need 2 BTC to start Bitcoin Trading biz. I'll pay back 2.2 BTC in one month  (Read 1217 times)
ericmust (OP)
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May 12, 2016, 06:53:38 AM
 #1

I come from a country where bitcoin is an upcoming lucrative business. I wanna grab that opportunity before its late. I'd like anyone to lend me 2 Bitcoin to begin a full trading career at Localbitcoins. I'll pay back in one month with 10% interest. I have a repetition of 100% in 5 tradings with good feedback. Tell me your terms and what you need me to do to earn your trust. Thank you.

Yours Eric,
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May 12, 2016, 06:59:08 AM
 #2

I come from a country where bitcoin is an upcoming lucrative business. I wanna grab that opportunity before its late. I'd like anyone to lend me 2 Bitcoin to begin a full trading career at Localbitcoins. I'll pay back in one month with 10% interest. I have a repetition of 100% in 5 tradings with good feedback. Tell me your terms and what you need me to do to earn your trust. Thank you.

Yours Eric,
Good luck with your trading career, but I don't think you'll get far this way. Do you have anything that you could offer as collateral.

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Quickseller
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May 12, 2016, 07:02:35 AM
 #3

Tell me your terms and what you need me to do to earn your trust. Thank you.
What collateral can you offer?

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ericmust (OP)
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May 12, 2016, 07:18:09 AM
 #4

Can my identity be used as collateral?

I also own a small website. Can it be used as collateral?
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May 12, 2016, 07:21:16 AM
 #5

Can my identity be used as collateral?
No. I can say with pretty much certainty that I cannot sell your identity for ~$1,000 when you do not repay your loan.

Collateral needs to be something worth (to the market, not to you) greater then the amount of the loan and that is liquid so the lender can quickly sell it when you fail to repay your loan.

If you are unable to provide collateral worth greater then the amount of what you are asking for then you are waisting your time and you might as well lock this thread.

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Gildarts
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May 12, 2016, 07:23:19 AM
 #6

Can my identity be used as collateral?

I also own a small website. Can it be used as collateral?

no its not a valid collateral.Read here to know what's considered as collateral and without valid collateral no one will loan you.

https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902


Lock the topic and come back with valid collateral otherwise if you keep asking DT members will tag you as you're asking loan without collateral as it looks like a scam attempt.
ericmust (OP)
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May 12, 2016, 07:25:04 AM
 #7

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
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May 12, 2016, 07:26:33 AM
 #8

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
Can you provide any reputable sources whose opinion it is that the domain is worth more then $1,000?

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Cyaren
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May 12, 2016, 07:28:59 AM
 #9

I have a domain name which can be of value to the market. I believe it's a worthy collateral.

What is the domain name? Not a lot of domain names are worth $1000 or more to me.

Besides, domain names are fairly illiquid and when it comes to the sale of collateral(if that happens), it will be really hard for the loaner.
ericmust (OP)
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May 12, 2016, 07:41:31 AM
 #10



What is the domain name? Not a lot of domain names are worth $1000 or more to me.

Besides, domain names are fairly illiquid and when it comes to the sale of collateral(if that happens), it will be really hard for the loaner.
[/quote]


http://fixedmatches.futbol/ is the domain name. I guy was even asking 600USD for it but I refused.

I know it can be an asset for those guys who do this kind of business.
stoneage
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May 12, 2016, 07:49:44 AM
 #11

http://fixedmatches.futbol/ is the domain name. I guy was even asking 600USD for it but I refused.

I know it can be an asset for those guys who do this kind of business.

i searched about your domain's price but most of the result only shows less than $100 and i visit the link you provided and i didn't see any content

ericmust (OP)
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May 12, 2016, 07:54:42 AM
 #12

http://fixedmatches.futbol/ is the domain name. I guy was even asking 600USD for it but I refused.

I know it can be an asset for those guys who do this kind of business.

i searched about your domain's price but most of the result only shows less than $100 and i visit the link you provided and i didn't see any content

It's the domain name that's important. With it you can put any content that pleases you. Plus those panels only value domain names by the content they have.

As I said, the domain name can be an asset to those people who do that kind of business.
ericmust (OP)
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May 12, 2016, 10:01:22 AM
 #13

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
Can you provide any reputable sources whose opinion it is that the domain is worth more then $1,000?

Can I provide my main PayPal account which has around $190 as collateral?
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May 12, 2016, 10:10:58 AM
 #14

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
Can you provide any reputable sources whose opinion it is that the domain is worth more then $1,000?

Can I provide my main PayPal account which has around $190 as collateral?

For a $1000 loan you need to put a $1200 collateral, and no Paypal account even with $50k will be considered valid collateral, let alone a $190 one, and also who says it's yours, it could be hacked and get the lender in trouble.
ericmust (OP)
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May 12, 2016, 10:37:51 AM
 #15

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
Can you provide any reputable sources whose opinion it is that the domain is worth more then $1,000?

Can I provide my main PayPal account which has around $190 as collateral?

For a $1000 loan you need to put a $1200 collateral, and no Paypal account even with $50k will be considered valid collateral, let alone a $190 one, and also who says it's yours, it could be hacked and get the lender in trouble.

It's just that I do not have enough digital assets to justify the loan I'm looking for. How much can you lend me with this domain; http://fixedmatches.futbol/ as collateral?
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May 12, 2016, 10:48:55 AM
 #16

Newbie. Check
Loan. Check
Asking for a big loan. Check
No collateral. Check
Please when asking for a loan have collateral or you're going to get eaten by red the trust.
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May 12, 2016, 12:07:19 PM
 #17

I have a domain name which can be of value to the market. I believe it's a worthy collateral.
Can you provide any reputable sources whose opinion it is that the domain is worth more then $1,000?

Can I provide my main PayPal account which has around $190 as collateral?

For a $1000 loan you need to put a $1200 collateral, and no Paypal account even with $50k will be considered valid collateral, let alone a $190 one, and also who says it's yours, it could be hacked and get the lender in trouble.

It's just that I do not have enough digital assets to justify the loan I'm looking for. How much can you lend me with this domain; http://fixedmatches.futbol/ as collateral?

then maybe you should only ask for a loan of an amount for which you have collateral, or not at all if you have nothing.
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May 12, 2016, 12:20:19 PM
 #18

I just need the BTC to get started with bitcoin trading on LocalBitcoins. I'm providing the domain name and my main PayPal account as collaterals.

I'm seeing people making more than 30USD for every BTC they trade and it hurts me that I'm not able to get into that business before it's too late. Please anyone help!
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May 12, 2016, 12:21:53 PM
 #19

You are waisting your time. No one is going to lend to you. It is fairly clear that you are hoping that someone naive will believe your story and give you money.

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ericmust (OP)
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May 12, 2016, 12:35:02 PM
 #20

You are waisting your time. No one is going to lend to you. It is fairly clear that you are hoping that someone naive will believe your story and give you money.

I have collateral which is a potentially lucrative domain name. Thanks!
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