Need Bitcoins to Lend?

[Jacob70]

If someone has the amount of collateral you require they could just sell the collateral and not owe you 50%. This is a horrible buisness model that will NEVER work

No, they give me 50% of the profit not the capital lol.

If they have the collateral but the collateral is invested in altcoin, and they need BTC to lend, then my funds are useful.

I will have to draw a diagram because you people still don't understand my proposal!

I understand that but your proposal is simply put ludicrous. You're basically asking lenders to take a loan, which they will use to lend to others.

No, it's not a loan, it's a funding.

I pay my partners (to not use worker word anymore because some people misunderstand it) 50% of the profit on the money (invested) they dont have, which I will provide.

It's an investment for both of us.

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I really have to draw a diagram of my system because you guys simply are too lazy to read and understand the first post and talk nonsense here.

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[condoras]

If someone has the amount of collateral you require they could just sell the collateral and not owe you 50%. This is a horrible buisness model that will NEVER work

No, they give me 50% of the profit not the capital lol.

If they have the collateral but the collateral is invested in altcoin, and they need BTC to lend, then my funds are useful.

I will have to draw a diagram because you people still don't understand my proposal!

I understand that but your proposal is simply put ludicrous. You're basically asking lenders to take a loan, which they will use to lend to others.

No, it's not a loan, it's a funding.

I pay my partners (to not use worker word anymore because some people misunderstand it) 50% of the profit on the money (invested) they dont have, which I will provide.

It's an investment for both of us.

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I really have to draw a diagram of my system because you guys simply are too lazy to read and understand the first post and talk nonsense here.

I dont think that is easy to "misunderstand" these two words...

They have a clear difference : Worker : http://dictionary.cambridge.org/dictionary/english/worker   Partner : http://dictionary.cambridge.org/dictionary/english/partner

Btw, thank you for choosing to use the word "partners". Its better!

[knightkon]

People are not lazy to understand nothing here.  If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making.  They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking??  You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.

Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.
I have opened new thread for interested lenders to borrow funds for lending.  The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link: Knight & Day Commercial Loan Service

Just to break the funding down for you (Please keep in mind this is based on getting enough qualified loans to fund and that they pay you back properly):
 - - The average loan is 7 days.  This allows you to lend out and recover your funding 4 times with in a months basis.
 - - The average interest rate is around 10% per loan.
 - - With 1 BTC, you can loan out 4 times per month as long as you loan to people who pay you back.
 - - This allows you to collect .4 BTC or more per month in interest.

Jacob70 Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .2 BTC per month

Knightkon Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .09 BTC per month

So if you have the proper collateral to secure loan funding from him, do not bother and come to me, I will not keep 50% of your profits and I will give you a better rate and I have history with this and securing collateral.

[Xanidas]

People are not lazy to understand nothing here.  If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making.  They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking??  You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.

Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.
I have opened new thread for interested lenders to borrow funds for lending.  The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link: Knight & Day Commercial Loan Service

Just to break the funding down for you (Please keep in mind this is based on getting enough qualified loans to fund and that they pay you back properly):
 - - The average loan is 7 days.  This allows you to lend out and recover your funding 4 times with in a months basis.
 - - The average interest rate is around 10% per loan.
 - - With 1 BTC, you can loan out 4 times per month as long as you loan to people who pay you back.
 - - This allows you to collect .4 BTC or more per month in interest.

Jacob70 Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .2 BTC per month

Knightkon Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .09 BTC per month

So if you have the proper collateral to secure loan funding from him, do not bother and come to me, I will not keep 50% of your profits and I will give you a better rate and I have history with this and securing collateral.

this is much better explanation and more trusted user to try lending out coins to potential lenders. i will definitely have trust on knighkon instead of someone coming up here saying he will provide coins to lend but taking too much percentage of the income

[condoras]

People are not lazy to understand nothing here.  If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making.  They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking??  You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.

Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.
I have opened new thread for interested lenders to borrow funds for lending.  The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link: Knight & Day Commercial Loan Service

Just to break the funding down for you (Please keep in mind this is based on getting enough qualified loans to fund and that they pay you back properly):
 - - The average loan is 7 days.  This allows you to lend out and recover your funding 4 times with in a months basis.
 - - The average interest rate is around 10% per loan.
 - - With 1 BTC, you can loan out 4 times per month as long as you loan to people who pay you back.
 - - This allows you to collect .4 BTC or more per month in interest.

Jacob70 Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .2 BTC per month

Knightkon Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .09 BTC per month

So if you have the proper collateral to secure loan funding from him, do not bother and come to me, I will not keep 50% of your profits and I will give you a better rate and I have history with this and securing collateral.

Well, i have to admit that is tempting...
I have though two questions.

1. If you fund someone with 1 BTC and in the whole month have stil 1BTC, no profit - no losses, you still get your %?

2. If someone provides a "good", valid collateral but the borrower / partner of yours dont know how or where to liquid it...Can you help him? You will have any kind of support role?

[knightkon]

People are not lazy to understand nothing here.  If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making.  They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking??  You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.

Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.
I have opened new thread for interested lenders to borrow funds for lending.  The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link: Knight & Day Commercial Loan Service

Just to break the funding down for you (Please keep in mind this is based on getting enough qualified loans to fund and that they pay you back properly):
 - - The average loan is 7 days.  This allows you to lend out and recover your funding 4 times with in a months basis.
 - - The average interest rate is around 10% per loan.
 - - With 1 BTC, you can loan out 4 times per month as long as you loan to people who pay you back.
 - - This allows you to collect .4 BTC or more per month in interest.

Jacob70 Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .2 BTC per month

Knightkon Loan Process - Based on the above calculations:
 - - You collect .4 BTC per month in interest fees
 - - You pay him .09 BTC per month

So if you have the proper collateral to secure loan funding from him, do not bother and come to me, I will not keep 50% of your profits and I will give you a better rate and I have history with this and securing collateral.

Well, i have to admit that is tempting...
I have though two questions.

1. If you fund someone with 1 BTC and in the whole month have stil 1BTC, no profit - no losses, you still get your %?

2. If someone provides a "good", valid collateral but the borrower / partner of yours dont know how or where to liquid it...Can you help him? You will have any kind of support role?

Very valid questions.  First let me state, I am always here to support borrowers.  You do not even have to be my borrower or a lender under me, and I will still support you.  So let me know answer your questions:
1.  Yes, you are still responsible for the 9% fee every month for the loan you are taking from me.  I am assuming that you would not be borrowing that much to lend out to others unless you knew what you were doing.
2.  If you have collateral that was used to secure a loan and that borrower leaves you hanging, I will assist you in getting rid of your collateral.
If you have any other questions, please do not hesitate to ask.  You may want to post on my thread, since this is not my thread, I just had to put a stop to someone trying to put all the risk onto someone else and keep 50% of the profits.

[Jacob70]

People are not lazy to understand nothing here.  If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making.  They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking??  You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.

Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.
I have opened new thread for interested lenders to borrow funds for lending.  The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link: Knight & Day Commercial Loan Service

Stop advertising your own lending service here and calling me scammer when you dont have the brains to understand my proposal.

Sweet Moses, are people really this stupid?

You are a פּוטז

Lemme break it down again:


I have 0% risk with this method.
You have 0% risk with this method.
All risk is contained to the end-borrower.
I take 50% profit because it's my money you are using.

Call it rental or partnership whatever. The point is that we both benefit.

!שָׁלוֹם

[Xanidas]

I have 0% risk with this method.
You have 0% risk with this method.
All risk is contained to the end-borrower.
I take 50% profit because it's my money you are using. [/size][/color]

Call it rental or partnership whatever. The point is that we both benefit

wrong, you have 0% risk in this method but this is risky for anyone that would like to borrow money from you to start lending. you are asking for collateral and what could happen once you get the collateral? what is stopping you from selling the collateral and run away?

[Jacob70]

I have 0% risk with this method.
You have 0% risk with this method.
All risk is contained to the end-borrower.
I take 50% profit because it's my money you are using. [/size][/color]

Call it rental or partnership whatever. The point is that we both benefit

wrong, you have 0% risk in this method but this is risky for anyone that would like to borrow money from you to start lending. you are asking for collateral and what could happen once you get the collateral? what is stopping you from selling the collateral and run away?

My partner would also ask for collateral from his borrower. And for my part we could use escrow....

[Arrakeen]

I have 0% risk with this method.
You have 0% risk with this method.
All risk is contained to the end-borrower.
I take 50% profit because it's my money you are using. [/size][/color]

Call it rental or partnership whatever. The point is that we both benefit

wrong, you have 0% risk in this method but this is risky for anyone that would like to borrow money from you to start lending. you are asking for collateral and what could happen once you get the collateral? what is stopping you from selling the collateral and run away?

My partner would also ask for collateral from his borrower. And for my part we could use escrow....

The ease at which 'escrow' accounts can be purchased or proxied/etc. nullifies the use of escrow as a safety measure.  A malicious 'lender' could control or have an accomplice control this trusted user account - this way, someone would send the escrow collateral, which would then end up in your hands - leaving them with nothing, and at a loss. 

[Jacob70]

The ease at which 'escrow' accounts can be purchased or proxied/etc. nullifies the use of escrow as a safety measure.  A malicious 'lender' could control or have an accomplice control this trusted user account - this way, someone would send the escrow collateral, which would then end up in your hands - leaving them with nothing, and at a loss. 

Ah c'mon why the fuck is everyone against me, are you antisemitic nazi or what?

How can everyone conspire against the partner, you make no sense man. You can pick the escrow if you want... Is that good enough for you?

דרײקאָפּ  ,פֿאַרבלאָנדזשיט

[zazarb]

The ease at which 'escrow' accounts can be purchased or proxied/etc. nullifies the use of escrow as a safety measure.  A malicious 'lender' could control or have an accomplice control this trusted user account - this way, someone would send the escrow collateral, which would then end up in your hands - leaving them with nothing, and at a loss.  

Ah c'mon why the fuck is everyone against me, are you antisemitic nazi or what?

How can everyone conspire against the partner, you make no sense man. You can pick the escrow if you want... Is that good enough for you?

דרײקאָפּ  ,פֿאַרבלאָנדזשיט

correct me , if I'm wrong, if borrower(partner) take loan from you  and will make zero profit within month, you will get also 0+50%=0 ? from which it follows the question, how you will control your partner(he  can grant private loan, publicly invisible).

P.S.
I personally have nothing against your service,  if you agree hold collateral by trust escrow, but I do not think that here will be in demand.
time will tell

[Doamader]

The concept is to help potencial lenders to give loans, both op and knigh are taking a 0% risk and both collecting a fee for their coins, thats for me a great support to the community, but did you imagined this forum has 200 lenders active and fighting for the comission to be able to roi as well to cover the montly fee?
Im not agaisnt these, sure it may help but i had see zazar thread and he has good costumers and high trusted accounts asking for loans, i believe he is making a good income, and he has some limited funds as all of us, but this offer would maybe force him to raise the fee he takes. Soo in the end who will be really winning would be the person behind the funds. This market has potencial to grow but the risks associated are big, maybe knigh you should charge lets say 5% if the partner didnt make any loan during that month.

[Jacob70]

correct me , if I'm wrong, if borrower(partner) take loan from you  and will make zero profit within month, you will get also 0+50%=0 ? from which it follows the question, how you will control your partner(he  can grant private loan, publicly invisible).

P.S.
I personally have nothing against your service,  if you agree hold collateral by trust escrow, but I do not think that here will be in demand.
time will tell

If the partner doesnt make profit I also dont make profit, but if he is not making money for long time then we end the partnership and swap back the money.

but did you imagined this forum has 200 lenders active and fighting for the comission to be able to roi as well to cover the montly fee?

That is good for borrowers because if drives interest rates down.

[zazarb]

The concept is to help potencial lenders to give loans, both op and knigh are taking a 0% risk and both collecting a fee for their coins, thats for me a great support to the community, but did you imagined this forum has 200 lenders active and fighting for the comission to be able to roi as well to cover the montly fee?
Im not agaisnt these, sure it may help but i had see zazar thread and he has good costumers and high trusted accounts asking for loans, i believe he is making a good income, and he has some limited funds as all of us, but this offer would maybe force him to raise the fee he takes. Soo in the end who will be really winning would be the person behind the funds. This market has potencial to grow but the risks associated are big, maybe knigh you should charge lets say 5% if the partner didnt make any loan during that month.

from where such information? I have more funds than I can give loans, and I can lend to borrower also(not see difference between commercial an usual loan), long as they can give me appropriate collateral.

other things,  you guys talking about interest rate are cut off from reality, 10% per month, that max what you can get for loan around 1BTC amount and even less for biggest loan.

[Jacob70]

Ok enough with debates, who wants to sign up for my partnership?

[DarkStar_]

Lemme break it down again:
I have 0% risk with this method.

False. Let me break it down for you: What if someone dumps the altcoin, crashing the price below 100% of the loan value? The risk then gets put on you, that the person doesn't repay the loan.

You have 0% risk with this method.

You could easily take his collateral and enjoy a nice 50% profit. You don't have the trust to be able to hold large sums of money here on the forums.

All risk is contained to the end-borrower.

False, because of the reasons I stated above. The lender that you lend to also takes risks, like a large overnight crash of the altcoin you took.

No one because it's a horrible proposition that will never work. Knight already one upped you and he charges 1/5 the interest you do, plus he's way more trusted

It will work. Just that the chance of someone taking the offer is under 0.1%, since the odds that someone wants to start a lending service, has a large amount of altcoin, doesn't want to sell it, trusts Jacob to not run away, e.t.c is under 0.1%. Knight isn't that trusted either imo.

[zazarb]

Ok enough with debates, who wants to sign up for my partnership?

No one because it's a horrible proposition that will never work. Knight already one upped you and he charges 1/5 the interest you do, plus he's way more trusted

do you alt of knight?  because clearly misinform. knight example above completely unrealistic,
As I said earlier , at best you can expect, it to lend  1BTC for month with 10% interest, so in knight case you profit will be 10%-9%= 1% or 0.01BTC in OP case 0.1*50%=0.05BTC,
But all this is just a theory, I do not think  that both of you will be able to give away at least one loan.
do not be angry at my pessimistic forecasts

[Jacob70]

False. Let me break it down for you: What if someone dumps the altcoin, crashing the price below 100% of the loan value? The risk then gets put on you, that the person doesn't repay the loan.

I dont take shitcoins, only top altcoins, or more than 100% for lower coins.

You could easily take his collateral and enjoy a nice 50% profit. You don't have the trust to be able to hold large sums of money here on the forums.

Going for all this trouble to take a collateral? That is not my business model. I could have just signed up for signature campaign and earn more, for the time I waste here to explain it to you guys.

No this is longterm business, I'm not here to scam.

[Jacob70]

So is nobody interested in this offer? Too bad I would have a lot of money to lend out, but i guess i have to invest it elsewhere.