Need 3000 NAMECOINS

[legendster]

Yes you heard it right, I need anywhere between 1200 to 3000 NAMECOINS (NMC)

So let me know if anyone is willing to lend and what kinda interest rates would I be facing ?

-edit-

Lets say now I need more than 4500 to compensate for the Market Crash

Any investor with any amount above 2000 would be appreciated.

[Tomatocage]

Please just donate to the address in my sig.

[Blazr]

I will offer insurance on this loan for a fee of 101% of the loan amount.

[legendster]

I dont understand either of you two's response !

[Blazr]

I dont understand either of you two's response !

It means nobody will give you a loan.

You are new here, nobody knows who you are. Did you really think people here were lending money to complete strangers on the internet?

[legendster]

I dont understand either of you two's response !

It means nobody will give you a loan.

You are new here, nobody knows who you are. Did you really think people here were lending money to complete strangers on the internet?

Everyone you know today was a stranger to you at some point in time.

Anyways I am not looking to run away with anyone's money and I do not wish to remain a stranger either.

As for not knowing who I am, I am ready to let people run all kinds of background checks, I would even invite anyone over at my place for some team coffee or pizza before they even decide to invest


I cannot just sit with arms folded because no one knows me, I have to make an effort to make them know me.. that is what I am doing here ^_^

[Craftyman]

My advice:

Take out a smaller loan that is less risky to the lender and pay it back on time with interest to build up some trustworthiness (no offense, I don't think I could get a loan either at this point). That's how I would try and go about it.

[legendster]

Smaller loan less risky, Hence i asked for namecoins .. they are practically worthless to most..

What do you suggest would be a small loan ?

[Blazr]

Everyone you know today was a stranger to you at some point in time.

Of course. I didn't go around asking for loans when I was new because I knew it was pointless, stick around, get to know people, and maybe someday someone will be willing to lend to you as long as you have a valid reason for the loan and valid repayment plan, photo ID + proof of your RL identity and some form of collateral. Thats how loans here work, its too risky otherwise. I currently have around $8k lent out to people in the BTC community, and I'm getting paid back on time.

Take out a smaller loan that is less risky to the lender and pay it back on time with interest to build up some trustworthiness (no offense, I don't think I could get a loan either at this point). That's how I would try and go about it.

That would probably do the opposite, this is what most scammers try to do, take out smaller loans and use them as rep for larger ones, lenders don't take them into account, its usually just a red flag for lenders.

[legendster]

Everyone you know today was a stranger to you at some point in time.

Of course. I didn't go around asking for loans when I was new because I knew it was pointless, stick around, get to know people, and maybe someday someone will be willing to lend to you as long as you have a valid reason for the loan and valid repayment plan, photo ID + proof of your RL identity and some form of collateral. Thats how loans here work, its too risky otherwise. I currently have around $8k lent out to people in the BTC community, and I'm getting paid back on time.

I currently have a valid reason and a valid repayment plan well thought out.
Collateral I cannot offer cuz i have none, but the equipment I'll order with the lent coins would arrive at the lender's location first and then to my location, I think that COULD serve as a collateral - honestly if I had something to sell or to keep as a collateral i'd rather sell that and buy the coins myself.


I have already linked and posted links in another post here linking to all my accounts that I have since 2006.

Take out a smaller loan that is less risky to the lender and pay it back on time with interest to build up some trustworthiness (no offense, I don't think I could get a loan either at this point). That's how I would try and go about it.

That would probably do the opposite, this is what most scammers try to do, take out smaller loans and use them as rep for larger ones, lenders don't take them into account, its usually just a red flag for lenders.

I think everyone deserves a chance and its easy to rather take up smaller loans that we can afford to repay if things dont work out that way I dont get under and even the buyer stays protected.
Dont know about scammers, but I have managed to not get scammed so far in life & i do not wish to scam anyone either.

I currently have around $8k lent out to people in the BTC community, and I'm getting paid back on time.

How well do you know those guys ? have you met them in person ? what did they have to do to earn your trust .. or wait .. what do I have to do to get into that trust circle ?

Other than the collateral thing and being a new guy here I think I comply with the rest of ur rules so far

[gigabytecoin]

Send me a PM with the reason you need the 3,000 namecoins.

Why am I lending you my namecoins?

I can send them to you, but was planning on using them for a project soon myself.

[legendster]

Send me a PM with the reason you need the 3,000 namecoins.

Why am I lending you my namecoins?

I can send them to you, but was planning on using them for a project soon myself.

Thank you and doing it right now.


-edit-
Done

[legendster]

BUMP-ing this cuz Havent cracked a deal yet & Still loooking.

[legendster]

BUMP-ing this cuz Havent cracked a deal yet & Still loooking.

I appreciate the Move, thanks.

[legendster]

I dont understand either of you two's response !

It means nobody will give you a loan.

You are new here, nobody knows who you are. Did you really think people here were lending money to complete strangers on the internet?

Everyone you know today was a stranger to you at some point in time.

Anyways I am not looking to run away with anyone's money and I do not wish to remain a stranger either.

As for not knowing who I am, I am ready to let people run all kinds of background checks, I would even invite anyone over at my place for some team coffee or pizza before they even decide to invest


I cannot just sit with arms folded because no one knows me, I have to make an effort to make them know me.. that is what I am doing here ^_^

If you have a link to the long known scam called bitcoinplus.com in your signature most people who do have the capital to lend to you won't do so even with pennies. This isn't a swipe against your character, I merely beseech you to learn what you want to deal in before you try to deal in it.

The Facebook account doesn't really seem to represent an actual person either from the glance I gave it over.

I suggest maybe starting over after you learn how to do things the right way...

ONE :
I did not know about bitcoinplus scam thing, tradefortress explained it, hence I change it.

TWO:

I have used the name legendster / The legend the king / Logan King since 2006 and that is my personal FB account.
I cant help it if anyone considers these as a sign of being a CON artist, I cant do anything change this mentality.

However I am ready for any kind of verification as stated.

thanks

[legendster]

BUMP

[hdclover]

BUMP

Dont worry I will lend you. Collateral ?

[legendster]

BUMP

Dont worry I will lend you. Collateral ?

Thanks for the interest.
I have never borrowed before so I do not know what kind of collateral I will need here.

So PM me with details pls.
Thanks

[legendster]

BUMP 

[markm]

Bitcoins usually work well.

Generally in order to avoid usury regulations about interest rates and stuff like that one creates a set of options that simulate the effect of a loan.

For example find out how many bitcoins 3000 NMC is worth, multiply that by two, and for that many bitcoins you buy 3000 namecoins AND an OPTION to buy that same number of bitcoins back for however many namecoins a loan plus interest would amount to over the timespan that the option remains open.

That way you have an option to buy bitcoins really cheap (that is to say, to get your collateral back in return for the coins you loaned plus interest) and the use of the number of coins you wanted to borrow.

This way if you fail to exercise the option (aka, repay the loan) you forfeit the amount of the collateral that you failed to exercise your buy-back option on.

Make sense?

Why you do this instead of simply buying namecoins is you get to benefit from any gain in bitcoin value during the span of time involved, whereas had you spent the bitcoin you might find them very expensive to buy back later if they go up a lot in value while you are playing with namecoins.

-MarkM-