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Author Topic: Lending to Newbies!  (Read 655 times)
ironcross360
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March 18, 2013, 03:03:45 AM
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Im lending to newbies, Maximum of 3.50 to get a headstart $5.00 to be paid in BTC

I require proof of ID, And All Accounts, and something you will give if you dont pay back

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
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ironcross360
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March 18, 2013, 12:55:53 PM
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I guess nobody wants loans Smiley

Im lending to newbies, Maximum of 3.50 to get a headstart $5.00 to be paid in BTC

I require proof of ID, And All Accounts, and something you will give if you dont pay back

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
John (John K.)
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March 18, 2013, 01:09:09 PM
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I guess nobody wants loans Smiley

Im lending to newbies, Maximum of 3.50 to get a headstart $5.00 to be paid in BTC

I require proof of ID, And All Accounts, and something you will give if you dont pay back
Five dollars for an ID to use, including collateral. Awesome deal!

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

ironcross360
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March 18, 2013, 01:10:10 PM
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Yes! Lol,  I wont use it. This is just so newbies can get more rep

I guess nobody wants loans Smiley

Im lending to newbies, Maximum of 3.50 to get a headstart $5.00 to be paid in BTC

I require proof of ID, And All Accounts, and something you will give if you dont pay back
Five dollars for an ID to use, including collateral. Awesome deal!

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
greyhawk
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March 18, 2013, 01:54:58 PM
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Yes! Lol,  I wont use it. This is just so newbies can get more rep

Confidence loans are an idiotic concept that needs to die. Fast.
ironcross360
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March 18, 2013, 01:59:48 PM
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So how should I get proof?

Yes! Lol,  I wont use it. This is just so newbies can get more rep

Confidence loans are an idiotic concept that needs to die. Fast.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
greyhawk
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March 18, 2013, 02:04:53 PM
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I'm not talking about your security measures. I mean the whole concept of lend/loaning minuscule amounts of BTC just for the purpose of "building a rep" is severely flawed. It stinks of building cred to scam all the better in the future.
BitcoinINV
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March 18, 2013, 02:05:12 PM
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Bitcoin-keys.com required users to send a scan of a I.D. and the CC they used with all but the last 4 digits blocked out.
The problem is anyone can get I.D.'s or scans of I.D's. So that does not really matter if they send you that or not, What I found to be the best practice is to mail them a letter with a code, require them to mail a letter back with a copy of the I.D. coming from the post marked address. If the I.D. and return address must match if they do not require a bill, with the users name and address on it.
I doubt anyone will give you collateral if they default or can not pay it sucks but still.


And the Biggest thing is trust your gut, scammers will tend to go along with any terms you have.

ironcross360
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March 18, 2013, 02:13:06 PM
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Well I charge the extra $1.50 because im trying to get a BFL jalapeno to pay my medical bills

I'm not talking about your security measures. I mean the whole concept of lend/loaning minuscule amounts of BTC just for the purpose of "building a rep" is severely flawed. It stinks of building cred to scam all the better in the future.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
John (John K.)
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March 18, 2013, 02:18:57 PM
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Bitcoin-keys.com required users to send a scan of a I.D. and the CC they used with all but the last 4 digits blocked out.
The problem is anyone can get I.D.'s or scans of I.D's. So that does not really matter if they send you that or not, What I found to be the best practice is to mail them a letter with a code, require them to mail a letter back with a copy of the I.D. coming from the post marked address. If the I.D. and return address must match if they do not require a bill, with the users name and address on it.
I doubt anyone will give you collateral if they default or can not pay it sucks but still.


And the Biggest thing is trust your gut, scammers will tend to go along with any terms you have.
The biggest problem here is that the lending amount is $3.50. The time and associated risks is too high for anyone to do that.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

scooterx
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March 18, 2013, 02:25:11 PM
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I guess nobody wants loans Smiley

Im lending to newbies, Maximum of 3.50 to get a headstart $5.00 to be paid in BTC

I require proof of ID, And All Accounts, and something you will give if you dont pay back

i agree
snixed
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March 18, 2013, 05:43:04 PM
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This is awesome of you bro. Good luck hope everyone pays you back too!
Aahzman
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March 18, 2013, 06:23:21 PM
 #13

Well I charge the extra $1.50 because im trying to get a BFL jalapeno to pay my medical bills

I'm not talking about your security measures. I mean the whole concept of lend/loaning minuscule amounts of BTC just for the purpose of "building a rep" is severely flawed. It stinks of building cred to scam all the better in the future.

by the time you earn enough lending fees to order a Jalapeno, and get said Jalapeno shipped, the difficulty will have jumped to the point where you'll be making bit-pennies a day with it.
johnniewalker
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March 19, 2013, 11:10:59 PM
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LOL the whole time I was thinking he was giving out 3.5BTC loans, and I was wondering why everyone was so critical. Three Dollars and Fifty Cents? You want to help a noobie buy a soda?
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