Medium Term 6 month investment

[legendster]

But if you don't have $5,500 in money or assets.. how are you going to pay back if you lose half of it?

Be more mature and build a reputation. THEN ask for loans and you won't be laughed at. Not before.

Thats the risk I thought people will take considering how they have supported the Bitcoin grow from something which was 'laughed at' to something that is 'loathed at'

I have always been clear on what i intend to do with the money.

Buy a rig invest the rest on Gox.

I am an experienced trader been trading for about 2 years on Forex.
Marketiva.com trusted its users with a free $5 starting REAL money to trade with.
I turned that into $650 in the last year.


I thought if they can do it why not "the senior guys who support bitcoin" but i wa wrong. GRAVELY wrong.

You yourself own/operate coinlender YOU are taking a risk By providing users you barely know LOANS. So isnt that a risk ?


I m not worried about being laughed at, I am sure it will be me who will be laughing the last laugh and it will be when I repay someone who lends me this $5000 and then I'd be saying "F*** THOSE WHO CALLED ME A SCAMMER"

[🏰 TradeFortress 🏰]

"Marketiva.com trusted its users with a free $5 starting REAL money to trade with."

No, they don't need to trust their users, because they have calculated that taking in account withdraw requirements, trading fees (from new attracted users) that they are making a profit on giving out a $5 bonus. They don't trust anyone.

Do you mind sharing how you will pay back the loan full on time when you lose 50% of the amount due to your trading and the network difficulty making your mining rig unprofitable by the time BFL ships your order?

You think you are entitled to a loan. You are not. Bitcoin has moved from the 10K pizza days, the pirateat40 and other GLBSE ponzis, and people are not going to piss their money away giving loans to people with no credit.

[🏰 TradeFortress 🏰]

You are also putting a site that is known to be a scam in your sig.

When you start lending on a large scale, you'll realize that if a loan is positive or not - if the interest outweighs the risk of the user not paying back. You paid this 5k loan back? Congrats, but that's comparable to gambling in a -EV casino and keep gambling.

[legendster]

"Marketiva.com trusted its users with a free $5 starting REAL money to trade with."

No, they don't need to trust their users, because they have calculated that taking in account withdraw requirements, trading fees (from new attracted users) that they are making a profit on giving out a $5 bonus. They don't trust anyone.

Do you mind sharing how you will pay back the loan full on time when you lose 50% of the amount due to your trading and the network difficulty making your mining rig unprofitable by the time BFL ships your order?

You think you are entitled to a loan. You are not. Bitcoin has moved from the 10K pizza days, the pirateat40 and other GLBSE ponzis, and people are not going to piss their money away giving loans to people with no credit.

Who said anything about being ENTITLED to someone else's money ?
I am ASKING for a loan thats all. NOT DEMANDING one.

Let me counter you with a question, Why do you tag EVERY Noob who's asking for a loan as a scammer ?

In any case I am not ordering a 5gh/s unit I'm talking about ordering a 25 gh/s or a 50 gh/s machine which will be profitable by a huge margin here in India because of the availability of really cheap electricity.

I run a computer almost 3 ~ 4 days (in terms of at a stretch use) a week and our entire power bill is still only $25 and we've got loads of electrical shit in the house.

Talking about 50% depreciation - yes its a risk. And I m not Superman who'd magically see the future (i dont even knw if he can do that) BUT seeing the BTC's movement as an alternative currency and the recent popularity gain I'd say it is highly likely that instead of loosing 50% I might gain 50%.
The Hardware that I'll order will arrive at the lender's address he could then ship it to me I think that's the most anyone can do to build the trust that is required of him.

About how I will repay at worst case scenario ?
I m a graphic designer / multimedia artist and an aspiring vfx and 3D animator who's already doing online freelancing in these fields.

I m going to sit for an exam the results of which will be announced by october and I'm pretty certain I'll get a fixed salary job of minimum $500 a month I could easily pay the guy back with my monthly earnings by then.

Other than that I have no other way to answer this question.


But why dont YOU answer this : I know you have said in your website that as long as you are not defaulting you will keep providing the investors with interest rates on yur website as promised. but WHY ? I already know how cuz u have a lot of coins but my question is why ?
Isnt that a risk you are willing to take ?

I dont see how my 'asking' of a loan should be look at any different.

I trusted a noob here did a trade here yesterday so far things turned out fine ! I guess everyone's not same as me, just like every noob is not a scammer.

[legendster]

You are also putting a site that is known to be a scam in your sig.

When you start lending on a large scale, you'll realize that if a loan is positive or not - if the interest outweighs the risk of the user not paying back. You paid this 5k loan back? Congrats, but that's comparable to gambling in a -EV casino and keep gambling.

Currently I have 2 sites on my sig one is facebook ..... yes i agree facebook is a scam -_- (not they just rip people off - recently they started charging money to message people u dnt know)

and the other one is a link to my bitcoinplus generate coins page ! You click the link you are taken to a site where YOU will generate coins for me .. something like donating and it does not affect the speed/performance of your computer by any bit ... atleast this is what they say on their page.



So which one of these are a scam site

[🏰 TradeFortress 🏰]

Do you understand that I am willing to take risks if it makes sense to do so?

Let me counter you with a question, Why do you tag EVERY Noob who's asking for a loan as a scammer ?

Insanity: doing the same thing over and over again and expecting different results. Albert Einstein, (attributed)

History has shown again and again that newbies are the highest risk borrowers. So, it simply makes sense to flag those who is new and jumps straight to lending as a probable scammer.

In any case I am not ordering a 5gh/s unit I'm talking about ordering a 25 gh/s or a 50 gh/s machine which will be profitable by a huge margin here in India because of the availability of really cheap electricity.

It's about the network difficulty . Tell me what you think the network difficulty will be 8 months from now. Optimistic figure for when you'll actually get anything ordered today from BFL.

Talking about 50% depreciation - yes its a risk. And I m not Superman who'd magically see the future (i dont even knw if he can do that) BUT seeing the BTC's movement as an alternative currency and the recent popularity gain I'd say it is highly likely that instead of loosing 50% I might gain 50%.

Become a daytrader then!

I m going to sit for an exam the results of which will be announced by october and I'm pretty certain I'll get a fixed salary job of minimum $500 a month I could easily pay the guy back with my monthly earnings by then.

> minimum $500 a month

In Australia, the average call center (not graphics designer, 3D animator) salary is 56k a year. Works out to be $4700 a month.

I know you have said in your website that as long as you are not defaulting you will keep providing the investors with interest rates on yur website as promised. but WHY ? I already know how cuz u have a lot of coins but my question is why ?

Because I make money when I make more from the funds than what I pay as interest?

Isnt that a risk you are willing to take ?

I control my risk and I'm not going to touch your "investments" because of the way you present yourself.

I trusted a noob here did a trade here yesterday so far things turned out fine ! I guess everyone's not same as me, just like every noob is not a scammer.

What, they could have run away with $50?

So which one of these are a scam site Huh

Bitcoinplus. They don't pay out coins you earned, if you try to withdraw it gives you an error.

[legendster]

Do you understand that I am willing to take risks if it makes sense to do so?

I am.. kinda getting the hang of it.

Let me counter you with a question, Why do you tag EVERY Noob who's asking for a loan as a scammer ?

Insanity: doing the same thing over and over again and expecting different results. Albert Einstein, (attributed)


History has shown again and again that newbies are the highest risk borrowers. So, it simply makes sense to flag those who is new and jumps straight to lending as a probable scammer.

A less famous quote goes like this (Uncertainty Principle)
"...The act of measuring something has the effect of altering the measurement" - Christopher Hitchens
The way you guys generalize scammers and newbies is disgusting yet understandable.

I'd be cautious with my money too but I would not just STICK a tag on your head just cuz i dont like what you are.

It's about the network difficulty . Tell me what you think the network difficulty will be 8 months from now. Optimistic figure for when you'll actually get anything ordered today from BFL.

Judging by the amount of ASIC's to be available to the public I'd say anything bewteen 25 mil to 30mil is somewhat comprehensible. I could be wrong, I am not a math guy.

Become a daytrader then!

I am one, just not a too good to be true type ... I remember my balance going from $130+ to ~ $10 during the japan quakes..

> minimum $500 a month

In Australia, the average call center (not graphics designer, 3D animator) salary is 56k a year. Works out to be $4700 a month.

Welcome to India.
There is a reason why half the world's jobs get outsourced to India and China, Simple - Low cost manpower.

I was a caller once My salary was Rs6900 or ~ $150 a month the best and senior ones got ~ $350

I am also looking forward towards upgrading my GPU with this money, which would enable me to make some AE templates that will crack the Videohive selection process and generate some long term sale.

I control my risk and I'm not going to touch your "investments" because of the way you present yourself.

I'll be honest, I m presenting myself as a desperate guy trying to beg borrow steal into the BTC market because of the recent increase & then decrease in the coin's value. And the fact that I have always been wanting to have *some sort of money that is not affected by how the governments of countries work.
The time when i came to know about BTC was definitely too late.


Its ok I m not here to please anyone, I ve asked an honest question and would continue to seek honest opinions and genuine people who have what it takes to invest in my "Investments" - the fact that whether would they like me or my way of speaking / typing or presenting myself doesnt bother me at all.

What DOES bother me is for someone to throw fake accusations at me.

What, they could have run away with $50?

It was a small amount .. something I could take the risk of gambling my odds with, plus he was a countrymate and had a successful trade to show for at localbitcoins.com

Bitcoinplus. They don't pay out coins you earned, if you try to withdraw it gives you an error.

Thank you, changed my SIG, didnt knew that :/

[Vod]

What DOES bother me is for someone to throw fake accusations at me.

All we've done is state you have the potential to run off with the coins.

You present yourself as someone who would "beg borrow or steal" to get some BTC, so it's not a fake accusation, is it?

[Henchman24]

Lots of red flags.  There is a very high probability this guy is a scammer.

https://bitcointalk.org/index.php?topic=103302.msg1820861#msg1820861

Yes, I did see the post where he was offering 5,000 coins, at the same time he was asking for a handout.  He deleted it.

I never offered 5000 coins if I could do that i wouldnt be on this forum begging for help.

I ASKED for a loan of 3000 NAMECOINS
The post is still at https://bitcointalk.org/index.php?topic=172796.0;topicseen


My Current BTC Jam profile has a verified ID proof and Address proof just not the phone but any one who wishes to call may call up +919831383272 its in India, thats where I am from.


https://btcjam.com/listings/3299

You were offering to sell him 5000 btc.  Now I know you're at least a liar.  It's not such a big leap to thief.

And, to respond to the PM you sent me:  It is exactly the contradiction you cite above (if I could do that i wouldnt be on this forum begging for help.) which led me to suspect you were a scammer.  (I never actually called you one, btw.  I merely suggested it was quite likely) The fact that you now blatantly lie about it, confirms that suspicion, at least in my own mind.  Others can judge for themselves.  Do not send me any more PMs.  Anything you have to say to me can be said here.

[legendster]

What DOES bother me is for someone to throw fake accusations at me.

All we've done is state you have the potential to run off with the coins.

You present yourself as someone who would "beg borrow or steal" to get some BTC, so it's not a fake accusation, is it?

beg borrow coins yes,
Steal to repay yes.  NOT steal & run away in anycase I'd be providing govt docs. If you are not interested in investing you are more than welcome not to but pls dont RUIN my credibility based on what you THINK and on something that MIGHT happen .. this is not Minority Report.

[legendster]

Lots of red flags.  There is a very high probability this guy is a scammer.

https://bitcointalk.org/index.php?topic=103302.msg1820861#msg1820861

Yes, I did see the post where he was offering 5,000 coins, at the same time he was asking for a handout.  He deleted it.

I never offered 5000 coins if I could do that i wouldnt be on this forum begging for help.

I ASKED for a loan of 3000 NAMECOINS
The post is still at https://bitcointalk.org/index.php?topic=172796.0;topicseen


My Current BTC Jam profile has a verified ID proof and Address proof just not the phone but any one who wishes to call may call up +919831383272 its in India, thats where I am from.


https://btcjam.com/listings/3299

FINE !  PROVE it where i have said I i am offering 5000 coins !
If you can prove it I 'll leave this forum.

If you cant prove it then keep your mouth shut cuz I NEVER said I have 5000 coins !

And, to respond to the PM you sent me:  It is exactly the contradiction you cite above (if I could do that i wouldnt be on this forum begging for help.) which led me to suspect you were a scammer.  (I never actually called you one, btw.  I merely suggested it was quite likely) The fact that you now blatantly lie about it, confirms that suspicion, at least in my own mind.  Others can judge for themselves.  Do not send me any more PMs.  Anything you have to say to me can be said here.

Seriously, how retarded are you ?
If I had 5000 coins why on EARTH would I ask for a loan ?

[Vod]

beg borrow coins yes,
Steal to repay yes.  NOT steal & run away

 

[Henchman24]

If I had 5000 coins why on EARTH would I ask for a loan ?

Because you were trying to scam btc, of course.  And, yes, your post was deleted, liar.

I would have no reason to include a link to some random loan request from January.  I linked to it because you were offering to loan him the 5k btc.  Yours was the only reply.

People may not buy my word on that, seeing as I am relatively new as well.  Unfortunately for you, mlawrence saw the post as well.

You got caught, dude.  Stop the butthurt act and move on.

[legendster]

If I had 5000 coins why on EARTH would I ask for a loan ?

Because you were trying to scam btc, of course.  And, yes, your post was deleted, liar.

I would have no reason to include a link to some random loan request from January.  I linked to it because you were offering to loan him the 5k btc.  Yours was the only reply.

People may not buy my word on that, seeing as I am relatively new as well.  Unfortunately for you, mlawrence saw the post as well.

You got caught, dude.  Stop the butthurt act and move on.

I NEVER OFFERED TO LEND ANYONE 5000 COINS !

You think I m a liar go have sex with yourself (politely saying)

ELSE PROVE ME WRONG !

SINCE you are new you might not know that MODERATORS TOO can delete posts or replies made !

Now stop whining & go bank to wanking that fleshlight !

[Henchman24]

Now this angry turdbag is taking a dump in my PM Inbox.   

I AM A SCAMMER - or so at least according to the accusations of HENCHMAN24 (A retarded American)

I'm still unsure of how my nationality plays into this at all.  w/e

All I did was make people aware of some really sketchy, contradictory posts, and the FACT that one of your posts was deleted.

I don't think your behavior has helped your credibility any.

[legendster]

I ADMIT one thing though, I am new here, when i arrived here i was scouring the forum for paypal deals where I can take paypal money transfer it to my bank & then send the coins - all this at an additional rate to Virwox cost of buying coins. which I can do instantly. i thought with people looking for a way to buy through paypal they wudnt mind the extra cost.

Considering the short amount of time and high number of posts I made, I might have forgotten to how many people I MAY have contacted, but I WILL NEEVR ADMIT THAT I OFFERED 5000 COINS TO LEND ANYBODY!

[legendster]

Now this angry turdbag is taking a dump in my PM Inbox.  

I AM A SCAMMER - or so at least according to the accusations of HENCHMAN24 (A retarded American)

I'm still unsure of how my nationality plays into this at all.  w/e

All I did was make people aware of some really sketchy, contradictory posts, and the FACT that one of your posts was deleted.

I don't think your behavior has helped your credibility any.

I dont a horse's ass as to what you think, you have bluntly claimed (like a female american blonde) that I am a scammer, with NO PROOF at all !

ALL based on your "could be/ would be* theory, not only have you ruined my 25 btc loan request here but you have ruined the credibility all through out the forum.

Have you imagined how seriously you have hampered my prospects of getting ANY loan or trader to trade with me ? JUST BECAUSE YOU THOUGHT I AM A SCAMMER DOESNT MAKE ME A SCAMMER !

Unfortunately for you, mlawrence saw the post as well. You got caught, dude.  Stop the butthurt act and move on.

Just because JOHN LENNON claimed he saw an UFO doesnt prove that UFO's exist.

[Henchman24]

From his PM:

Your nationality has everything to do with it, americans are born dumb ! and retarded.

With that said, just imagine the consequences of what you are doing if you are wrong about me.

But I m sure you're just a 10 year old son of a rich fag sitting with a high end cpu who gives a fuck about what he says or does or who's prospects you destroy, but remember this, I aint a scammer but I will do EVERYTHING in my power to defame you just like you defame me.

And now you can go back to wanking and whining about ur mommy issues.

Thanks for clearing that up!      What an enjoyable fellow!

[legendster]

From his PM:

Your nationality has everything to do with it, americans are born dumb ! and retarded.

With that said, just imagine the consequences of what you are doing if you are wrong about me.

But I m sure you're just a 10 year old son of a rich fag sitting with a high end cpu who gives a fuck about what he says or does or who's prospects you destroy, but remember this, I aint a scammer but I will do EVERYTHING in my power to defame you just like you defame me.

And now you can go back to wanking and whining about ur mommy issues.

Thanks for clearing that up!      What an enjoyable fellow!

and I admit saying that 1000% my signature is proof of me acting on it.

[Henchman24]

I guess it's a good thing no Americans loaned you any money then.

I can imagine the priority that debt would get, seeing how you hold us in such high regard.