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Author Topic: 💎💰♛➡Fishbones's Bitcoin Micro Loan Service⬅♛💰💎  (Read 1891 times)
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Fishbones78
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June 27, 2017, 06:26:55 PM
 #1

Fishbones78's Micro BTC Loan Service
I'm back in business providing micro loans to BTC talk users. It's simple to apply and if you've got valid collateral, I've got no reason to deny! Please read my conditions below and copy the form in order to apply.


What Is Valid Collateral?
Currently Accepted Collateral:
- Bitcoin Forum Accounts (Minimum of Full Member status - I take no responsibility if you are kicked from sig. campaigns for inactivity)
- Valid Alt Coins (Coins that have value and are stable)
- Suggest Something Reasonable!
Interest Rates
I charge a 2% compound interest rate per day, please ensure you are aware of what compound interest is. For loans over 0.02, I will be willibg to negotiate a lower rate. There is also a minimum interest of BTC0.001 BTC [NOTE: THIS IS TEMPORARILY RAISED TO 0.002 BTC DUE TO HIGH TRANSACTION FEES AS OF 28/06/2017], you will be charged this if your compound interest does not reach above BTC0.0010.002. If it does, then you will be charged based on the compound interest amount. Put short, whichever is highest.
Terms & Conditions of Loans
The value of the collateral you provide is at my discretion, collateral for me is what I say it is worth. By providing me with collateral, your understand the collateral becomes my property until the loan is repaid. If you do not repay within the specified time frame, your provided collateral becomes permanently my property and will be sold without your permission, it belongs to me. I do not use Escrow, only at your cost and request. Time extensions for the loan can be applied for, but this must be before your repayment time expires. Repayments to the wrong Bitcoin address will result in collateral being sold, unless another payment of the full repayment amount is given to the correct address. I will assume you have defaulted on the loan if no contact has been made (and no repayment) by the repayment date, do not expect me to still have your collateral if you contact me after your repayment date. Although I don't require it, it is preferable for you to have an alt. account if I need to contact you about a repayment time extension or anything else. Any collateral that costs me to return to you is at your expense. The transaction fee of your repayment is at your own expense.

If you have missed your repayment deadline, contact me first before repaying as I may no longer have your collateral and you are entitled to keep the repayment funds.

Application
I will usually reply to a loan application within a few hours maximum. Please copy and paste this form to apply. You must apply in this thread, if you PM me I will simply ask you to reply in this thread. It helps resolve issues if they arise.
Code:
Requested Loan Amount:
Collateral To Be Provided:
Proposed Repayment Date:
Reason For Loan:
BTC Address:
I will reply to your request by quoting it, and telling you if your request is accepted or rejected.

The reply to your loan request will include the amount you must repay me to get your collateral back. I will ask you in the reply to confirm you agree with this amount, to avoid any issues.

Funds greater than ~0.02 may need to come from cold storage, and may take around an hour to be paid.

Repayment Address: 1NVKnyLCa4K6crJP82pDFuBCSyTUWDv4ew


Whilst this thread is fresh, I thought I should include this to show I have done micro loaning before:
Here is my old lending thread: https://bitcointalk.org/index.php?topic=1389701

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Fishbones78
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June 27, 2017, 06:27:43 PM
 #2

Current Loans

#1 - craZyLovE0916 - Loaned BTC0.01 - Repayment BTC0.011 - Repayment Due: 2nd July 2017 - Status: Defaulted
#2 - philggg - Loaned BTC0.01 - Repayment BTC0.012 - Repayment Due: 7th July 2017 - Status: Defaulted
#3 - Atillaloe - Loaned BTC0.01 - Repayment BTC0.012 - Repayment Due: 11th July 2017 - Status: Paid!
#4 - Atillaloe - Loaned BTC0.01 - Repayment BTC0.012 - Repayment Due: 14th July 2017 - Status: Paid! [2 Days Early!]
#5 - Atillaloe - Loaned BTC0.01 - Repayment BTC0.012 - Repayment Due: 19th July 2017 - Status: Accepted



Defaulted - User hasn't made an extension request in the time frame and has not repaid. Collateral may have been sold.
Late [Days Late] - Loan repayment is still in progress as the user has requested a time extension, but a late charge is now in progress.
Accepted - Loan has been sent and collateral has been taken, awaiting repayment
Paid! - User has paid back the loan in full. Collateral has been given back.

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June 27, 2017, 07:31:08 PM
 #3

Loan Amount:0.013  BTC
Reason for the Loan: personal payment
Amount to be repaid: 0.016 btc
Repayment Date: 1/7/2017
Type of Collateral:my bitcointalk acc
Bitcoin Address 1CmKjTmupZhPzkNtv7ySDpyLX8Dvo8wL1N
Fishbones78
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June 27, 2017, 07:42:20 PM
 #4

Requested Loan Amount:0.01
Collateral To Be Provided:This Acc + gmail
Proposed Repayment Date:01/07/2017
Reason For Loan: As Capital
DENIED
Reason:
Your account trust shows you have previously attempted loan scams.
Gmail accounts are not at all collateral.
Your account value is too low.
Thanks for your interest.

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June 27, 2017, 08:04:19 PM
 #5

Loan Amount:0.013  BTC
Reason for the Loan: personal payment
Amount to be repaid: 0.016 btc
Repayment Date: 1/7/2017
Type of Collateral:my bitcointalk acc
Bitcoin Address 1CmKjTmupZhPzkNtv7ySDpyLX8Dvo8wL1N
DENIED
Your account is not worth the amount you ask for, or at least not to me, anyway.
Thank you for your interest.

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June 27, 2017, 08:19:07 PM
 #6

Requested Loan Amount:0.004 BTC
Collateral To Be Provided:This Acc
Proposed Repayment Date:01/07/2017
Reason For Loan: I Wanna To Be Trusted,,,And To Make This Fucking Negative Trust Lost :3
DENIED
Reason:
I do not loan to people trying to gain trust. Trust is sometsomething that takes time and comes through genuine legitimacy.
Thanks again.

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June 28, 2017, 04:04:21 PM
 #7


Requested Loan Amount: 0.01
Collateral To Be Provided: this account
Proposed Repayment Date: june 02, 2017
Reason For Loan: for my virtual visa card (buying something)
ACCEPTED!
By June 02, 2017, i assume you meant July 2nd 2017?
Your repayment amount will be 0.011 BTC on the 2nd of July 2017. Please confirm you accept these terms with a reply, and don't forget to include your Bitcoin address. Then, PM me with your account password. Once I have secured the account I will send the BTC. I will continue to charge interest if you do not pay by the agreed date and I have not sold your collateral by the time you have repaid.
Many Thanks

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June 28, 2017, 05:10:08 PM
 #8


Requested Loan Amount: 0.01
Collateral To Be Provided: this account
Proposed Repayment Date: june 02, 2017
Reason For Loan: for my virtual visa card (buying something)
ACCEPTED!
By June 02, 2017, i assume you meant July 2nd 2017?
Your repayment amount will be 0.011 BTC on the 2nd of July 2017. Please confirm you accept these terms with a reply, and don't forget to include your Bitcoin address. Then, PM me with your account password. Once I have secured the account I will send the BTC. I will continue to charge interest if you do not pay by the agreed date and I have not sold your collateral by the time you have repaid.
Many Thanks



alright
here is my address and i pm you my accoubt and details.
1LHENGMqHkW8QfZ56Wd3fyme9x77N43wZA
Sent.
Transaction: https://blockchain.info/tx/8e4164c91425fc1191269c02cfa4c7ef7459e21a68db1fca76948e51938eab0e
I look forward to your repayment  Wink

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July 01, 2017, 06:02:41 AM
 #9

requested loan amount  =0.01
collateral =my bitcointalk account
proposed repayment date =7/7 /2017
Btc   addres =   1KdgR55MZjPksfYj1Tx6w96y5t4pzeeZQJ
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July 01, 2017, 08:54:47 AM
 #10

Hi fishbone do you accept amazone gift card as collateral,because I am intending of borrowing bitcoin
Fishbones78
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July 01, 2017, 06:04:31 PM
 #11

Hi fishbone do you accept amazone gift card as collateral,because I am intending of borrowing bitcoin
Hi
No, sorry. This is because you can send me a code that isnt valid and I cant check it. Even if it is valid, you can claim it whilst I hold it and I would never know.
Get some better collateral and I'll be glad to help you out!
Many thanks.

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July 01, 2017, 06:25:00 PM
 #12

requested loan amount  =0.01
collateral =my bitcointalk account
proposed repayment date =7/7 /2017
Btc   addres =   1KdgR55MZjPksfYj1Tx6w96y5t4pzeeZQJ
ACCEPTED!
Your payback will be 0.012BTC. If you agree to this, please PM me your account details. Please repay to the address in the first post of this thread. It makes it easier if I can communicate with you via an alt account of some sort, as i need a way to give your account back.

Many thanks.

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July 01, 2017, 10:56:09 PM
 #13

Hi,fishbone,
You have been giving the bitcointalk account by phillgg and we are still expecting the loan,loan have not been sent pls fishbone we are waiting
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July 01, 2017, 11:06:49 PM
 #14

Hi,fishbone
Pls the transaction of phiggg have not been completed,there is no block chan evidence of the transaction
Fishbones78
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July 01, 2017, 11:45:17 PM
 #15

Hi,fishbone
Pls the transaction of phiggg have not been completed,there is no block chan evidence of the transaction
Hi
Yes, there is. Please see this link for the transaction:
https://blockchain.info/tx/5b2dbdba2ec86d51535c06b4667e7d002c91f7ab0332e6ded9a60bff05c6dc42
And also see this link for the address, and you will see 0.01 BTC was sent to the wallet a few hours ago:
https://blockchain.info/address/1KdgR55MZjPksfYj1Tx6w96y5t4pzeeZQJ

I hope this clears your concern. If not please reply in the thread - dont PM me.
Many thanks.

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July 02, 2017, 05:17:05 AM
 #16

Requested Loan Amount: .015
Collateral To Be Provided: this account :-)
Proposed Repayment Date: July 7 2017
Reason For Loan: bill
BTC Address: 3NpmWts61uGFVjcpn1fyHDq72y7ihSNAZF
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July 03, 2017, 07:35:55 AM
 #17

Name wonder7777
loan amount. 0.012   total 0.01+0.012 0.02
purpose of loan=pls fishbone thanks funding my first loan pls I made a mistake on the address,it is my fault,i wrote the wrong addree,so l lost the fund pls I need aaitional loan so that I will be able to pay the loan back pls fish helpme to fund this loan I will pay the of phiggg and wonder777
repayment date  7/7/2017
bitcoin 1KyWQNQ3ToYWh7V7mQLhRTuPe6pcMby6ns


pls the first loan I collected with my phiggg account the address I wrote there was wrong so I lost the fund this is the correct one pls help to fund it I will pay you back the two
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July 03, 2017, 11:13:07 AM
 #18

Requested Loan Amount: .015
Collateral To Be Provided: this account :-)
Proposed Repayment Date: July 7 2017
Reason For Loan: bill
BTC Address: 3NpmWts61uGFVjcpn1fyHDq72y7ihSNAZF
DENIED
I do not have those funds available in my lending address and i do not value your account at 0.015 BTC.

Thank you for your interest

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July 03, 2017, 11:17:43 AM
 #19

Name wonder7777
loan amount. 0.012   total 0.01+0.012 0.02
purpose of loan=pls fishbone thanks funding my first loan pls I made a mistake on the address,it is my fault,i wrote the wrong addree,so l lost the fund pls I need aaitional loan so that I will be able to pay the loan back pls fish helpme to fund this loan I will pay the of phiggg and wonder777
repayment date  7/7/2017
bitcoin 1KyWQNQ3ToYWh7V7mQLhRTuPe6pcMby6ns


pls the first loan I collected with my phiggg account the address I wrote there was wrong so I lost the fund this is the correct one pls help to fund it I will pay you back the two
Hi
I understand your very unfortunate situation. I do not have any more lending funds available.

I am willing to extend your loan to the 10/07/2017 free of charge - if you still cannot pay then we may be able to provide a further free extension to help you out.

In the meantime, all i can suggest to do is contact the owner of the address you told me to to send to (providing it isnt a temporary deposit one or something) and ask them to give the funds back. It's unlikely - but they could be feeling kind!

I will not sell your collateral on the 8th, I'll give you a chance  Wink

Cheers

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July 05, 2017, 10:12:42 AM
 #20

Bump.

Fishbones78
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July 05, 2017, 10:15:50 PM
 #21

Requested Loan Amount: 0.008
Collateral To Be Provided: account
Proposed Repayment Date: friday july 14th 2017
Reason For Loan: Bill
BTC Address:  13WMDvFrryTb8zFcXNXZKufSpCs6NqYHez
DENIED
Sorry, but I do not value your collateral highly enough for this loan. Please get more or a better collateral!
Many thanks for your interest.

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July 06, 2017, 09:28:47 PM
 #22

Requested Loan Amount: 0.005
Collateral To Be Provided: This account
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:12Lt8BcUYuB12i72ddg2SGfXdsGfPD8GJX
DENIED
With negative default trust feedback  (and negative feedback in general) I do not value your account at 0.005 or 0.005 upwards. If you can supply better collateral, please feel free to request again in future.

Many thanks

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July 06, 2017, 11:10:03 PM
 #23

Where there is a will there is a way... Nice business idea Smiley

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July 08, 2017, 02:56:40 AM
 #24

WOULD YOU TAKE MY MINERSGATE ACCOUNT WITH OVER 7 DIFF CURRENCYS(CRYPTO) AS COLLATERAL ? 
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July 08, 2017, 06:36:57 AM
 #25

WOULD YOU TAKE MY MINERSGATE ACCOUNT WITH OVER 7 DIFF CURRENCYS(CRYPTO) AS COLLATERAL ? 
Hi
Minecraft accounts are not collateral and can be r3civered from Mojang with the transaction ID from when the account was purchased.

If your alt coins, however, are reasonably stable and are on a few exchanges then I dont see why not. Reply with a loan request and the list of altcoins and how many you have of each.
Thanks

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July 08, 2017, 06:58:31 AM
 #26

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep

Fishbones78
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July 08, 2017, 07:57:38 AM
 #27

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep
Hi
I assume you mean July 8th? That is today? I may give you this loan if you could explain this.
Many Thanks

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July 08, 2017, 08:25:37 AM
 #28

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep
Hi
I assume you mean July 8th? That is today? I may give you this loan if you could explain this.
Many Thanks
yes july 08/07/2017 23.00 since i need wait my release from magnr.com my btc

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July 08, 2017, 10:04:33 AM
 #29

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep
Hi
I assume you mean July 8th? That is today? I may give you this loan if you could explain this.
Many Thanks
yes july 08/07/2017 23.00 since i need wait my release from magnr.com my btc
Hi
Okay. This is a very short term loan, but the minimum interest is 0.002 to cover my transaction fees. This also seems very risky for me as the loan seems a little pointless, so I am requesting 15.5 Peercoin as collateral. If you agree to these terms, please send the collateral to: PP8GwrAwn9CxbW58mYdKzUQmxfd9duQQVQ   (Peercoin)
You will send the 0.012 BTC payment by tomorrow. You must cover the transaction fee for repayment, and also the transfer of your collateral BOTH ways (I dont have my own Peercoin balance).
Many thanks

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July 08, 2017, 10:12:22 AM
 #30

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep
Hi
I assume you mean July 8th? That is today? I may give you this loan if you could explain this.
Many Thanks
yes july 08/07/2017 23.00 since i need wait my release from magnr.com my btc
Hi
Okay. This is a very short term loan, but the minimum interest is 0.002 to cover my transaction fees. This also seems very risky for me as the loan seems a little pointless, so I am requesting 15.5 Peercoin as collateral. If you agree to these terms, please send the collateral to: PP8GwrAwn9CxbW58mYdKzUQmxfd9duQQVQ   (Peercoin)
You will send the 0.012 BTC payment by tomorrow. You must cover the transaction fee for repayment, and also the transfer of your collateral BOTH ways (I dont have my own Peercoin balance).
Many thanks

just info me after you sent btc to me and if you have ispace.uk that will easy to transfer without fee since i using ispace for stake my altcoin

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July 08, 2017, 10:23:33 AM
 #31

Requested Loan Amount: 0.01
Collateral To Be Provided: ppc coin
Proposed Repayment Date: June 08, 2017
Reason For Loan: Private
Btc Address:18pvoMaeHYhQfLbLDTBpswyhBffdU3s9Ep
Hi
I assume you mean July 8th? That is today? I may give you this loan if you could explain this.
Many Thanks
yes july 08/07/2017 23.00 since i need wait my release from magnr.com my btc
Hi
Okay. This is a very short term loan, but the minimum interest is 0.002 to cover my transaction fees. This also seems very risky for me as the loan seems a little pointless, so I am requesting 15.5 Peercoin as collateral. If you agree to these terms, please send the collateral to: PP8GwrAwn9CxbW58mYdKzUQmxfd9duQQVQ   (Peercoin)
You will send the 0.012 BTC payment by tomorrow. You must cover the transaction fee for repayment, and also the transfer of your collateral BOTH ways (I dont have my own Peercoin balance).
Many thanks

just info me after you sent btc to me and if you have ispace.uk that will easy to transfer without fee since i using ispace for stake my altcoin
Hi
I am not willing to send first to you, as you are a junior member with no feedback (and it seems you think the trust system is for asking for loans). The reference with trust feedback is also not for you to put referral links.

DENIED - I am currently in Italy and do not have time to waste with someone who is very likely a scammer. I'm not sure you understand the point in collateral - as you think it is okay to send it after I send your loan...

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July 08, 2017, 12:34:08 PM
 #32

Requested Loan Amount: 0.002
Collateral To Be Provided:Account
Proposed Repayment Date: 10th July 2017
Reason For Loan:Bill For Vps
BTC Address:1NtfpEvHzcVjHFbo4VTZKhZS7uPh58z6mL

Cut off the signature maan
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July 08, 2017, 01:08:11 PM
 #33

Requested Loan Amount: 0.002
Collateral To Be Provided:Account
Proposed Repayment Date: 10th July 2017
Reason For Loan:Bill For Vps
BTC Address:1NtfpEvHzcVjHFbo4VTZKhZS7uPh58z6mL
DENIED
Sorry, your account is not worth 0.002 (it's worthless). Please feel free to reapply anytime. I do not have any issues lending to Newbies if they have valid collateral.
Thanks

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July 08, 2017, 04:04:24 PM
 #34

Accept as collateral account+*gmail pva account?

Cut off the signature maan
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July 08, 2017, 04:18:33 PM
 #35

Accept as collateral account+*gmail pva account?
No, sorry. Gmail is easily recoverable and your account is worthless. I may have to edit my original post as I seem to be beginning to repeat myself here.
If you can get valid collateral please feel free to make a request.

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July 08, 2017, 04:49:39 PM
 #36

Requested Loan Amount: .006
Collateral To Be Provided: bitcointalk account https://www.bctalkaccountpricer.info/?token=mf60fkog
Proposed Repayment Date: Monday, July 10th, after 3:45 EST PM
Reason For Loan: personal
BTC Address: 1LTMGzLH8r12pJYixcbPdJ5XQdoWC1zBsD

Please let me know if you need any more info, and thanks for your consideration.
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July 08, 2017, 11:25:50 PM
 #37

Requested Loan Amount: .006
Collateral To Be Provided: bitcointalk account https://www.bctalkaccountpricer.info/?token=mf60fkog
Proposed Repayment Date: Monday, July 10th, after 3:45 EST PM
Reason For Loan: personal
BTC Address: 1LTMGzLH8r12pJYixcbPdJ5XQoWC1zBsD

Please let me know if you need any more info, and thanks for your consideration.
DENIED
Bitcoin Talk Account Price Estimator has not been an updated in a long time, and is not a reliable source of pricing information. I value your collateral less than the loan amount.
Please contact me if you can provide better collateral.

Side note: giving a secret estimator link to the account youre posting on is not ideal.

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July 09, 2017, 09:23:21 AM
 #38

Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 11th
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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Fishbones78
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July 09, 2017, 11:11:43 AM
 #39

Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 11th
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN

ACCEPTED
Your repayment amount will be BTC0.012, as it costs me nearly 0.001 to send the HTC at the moment. If you agree to This, please PM me your account details and tell me if you have an alt account for us to communicate.

Please note, I may take up to an hour to send BTC as I am currently on holiday in Italy.

Many Thanks

Edit:
Sent: https://blockchain.info/tx/49aee17ad1bc5987376ef046e74960a12d4b3ce7465cd35d7bdbf2569d50eaa0

Lilmon
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July 09, 2017, 03:18:46 PM
 #40

Loan amount: 0.015 btc
Loan reason: private
Return: 0.02 btc
Collateral: my bitcointalk account
mammabitcoin2u
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1500 b4 8/1 my pre-xmas wish


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July 09, 2017, 03:46:34 PM
 #41

Loan amount: 0.015 btc
Loan reason: private
Return: 0.02 btc
Collateral: my bitcointalk account


Since you are making the rounds asking for varying amount of loans in multiple threads.  I will post this too:

This user's password was reset recently.

Lenders be advised!

~Believing none of what I hear and Half of what I see~~Be Wise & Scrutinize Everything~~Scammers are like roaches squash 1 there's millions more hiding~
Fishbones78
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July 11, 2017, 05:29:16 PM
 #42

Bump! Loanable funds bigger than ever at 0.035!

Attilaloe
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July 12, 2017, 09:47:48 AM
 #43

Hello! I am here again Smiley
Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 14
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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Fishbones78
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July 12, 2017, 10:39:23 AM
 #44

Hello! I am here again Smiley
Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 14
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN
ACCEPTED!
Your repayment will be 0.012. Please confirm you agree and I will change your account details.
Many thanks.

EDIT:
Transaction: https://blockchain.info/tx/1cc49a4745015549f992399663b6f17c27dc57f3409e54ec7447b0e366180576

JollyGood
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July 12, 2017, 11:23:55 AM
 #45

Hi Fishbones78

For every ten loans you make, how many would you say are never repaid? How many would you say are partially repaid? How many would you say are fully repaid?

Just curious

Fishbones78
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July 12, 2017, 11:37:32 AM
 #46

Hi Fishbones78

For every ten loans you make, how many would you say are never repaid? How many would you say are partially repaid? How many would you say are fully repaid?

Just curious
This current loaning service has only seen 4 loans, and I believe my old one also had about 4.

At the moment I seem to see about a 30% repayment rate. I don't mind though, that's what collateral is for. In all honesty I can completely see why collateral scamming is a thing, because I often make a significantly larger amount of money from a loan if the person that gave me the collateral doesnt pay back.

I assume you want to be a loaner? Try it, just be careful.

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July 12, 2017, 11:48:52 AM
 #47

This current loaning service has only seen 4 loans, and I believe my old one also had about 4.

At the moment I seem to see about a 30% repayment rate. I don't mind though, that's what collateral is for. In all honesty I can completely see why collateral scamming is a thing, because I often make a significantly larger amount of money from a loan if the person that gave me the collateral doesnt pay back.

I assume you want to be a loaner? Try it, just be careful.

Thank you for the reply. No I have no intention of being a loaner but was curious about the set up. So in essence when the defaulted you sell the collateral (forum ids) and make more in return than the original loan. And in your view many people have no intention of repayment but just want the money knowing they will lose their forum id?

It is however a good set up and good business, wish it stays good for you Smiley

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July 12, 2017, 12:00:58 PM
 #48

This current loaning service has only seen 4 loans, and I believe my old one also had about 4.

At the moment I seem to see about a 30% repayment rate. I don't mind though, that's what collateral is for. In all honesty I can completely see why collateral scamming is a thing, because I often make a significantly larger amount of money from a loan if the person that gave me the collateral doesnt pay back.

I assume you want to be a loaner? Try it, just be careful.

Thank you for the reply. No I have no intention of being a loaner but was curious about the set up. So in essence when the defaulted you sell the collateral (forum ids) and make more in return than the original loan. And in your view many people have no intention of repayment but just want the money knowing they will lose their forum id?

It is however a good set up and good business, wish it stays good for you Smiley
People see loans as an easy way to sell accounts if they can't sell one. I generally will make more from a collateral sale than their repayment, yes. The dilemma is that selling accounts is risky and fuels crime on this forum.

JollyGood
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July 12, 2017, 12:03:22 PM
 #49

Here is the thing... there are so many lenders here, so is there a market to actually make money from the business?

Fishbones78
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July 12, 2017, 12:19:19 PM
 #50

Here is the thing... there are so many lenders here, so is there a market to actually make money from the business?
Yes. There are likely people cheaper than me, but some lenders don't bother with small amounts or don't have the Bitcoin for larger amounts. Some lenders will deny collateral that I am willing to take. If you ask me, it's about finding the correct lender for BTC, and one that doesn't cost you an arm and a leg. I am always looking for customers, because I love making me some BTC  Wink

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July 17, 2017, 07:55:54 AM
 #51


Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 19th
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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Fishbones78
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July 17, 2017, 01:41:47 PM
 #52


Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 19th
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN
ACCEPTED
I have received your accont details, but you will need to give me around an hour to access my cold wallet to provide the funds. Please confirm you agree to this, and that your repayment is 0.012.
Thanks

EDIT: Sorry for the delays, now sent.
https://blockchain.info/tx-index/9b43e08654f193d98fa1da6f7c7886b11fb1fad838a47bcec3a3dbe8819e1577
Thanks

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July 17, 2017, 02:09:01 PM
 #53

Hi!

give you a loan to beginners?


Requested Loan Amount: 0.03
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 23th
Reason For Loan: gift

18mmA1BSXHSBviQaCabc9ZwXkG2nU6dPLf
Fishbones78
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July 17, 2017, 03:18:53 PM
 #54

Hi!

give you a loan to beginners?


Requested Loan Amount: 0.03
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 23th
Reason For Loan: gift

18mmA1BSXHSBviQaCabc9ZwXkG2nU6dPLf
DENIED
Your collateral is worth pennies on a good day. Come up with some good collateral and Ill have 0 issues lending to you.

JollyGood
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July 17, 2017, 03:41:54 PM
 #55

Requested Loan Amount: 7500 BTC
Collateral To Be Provided: My Word Is My (James) Bond
Proposed Repayment Date: 1st April 2185
Reason For Loan: Polygamy Support & Travel The World
BTC Address: 123456789abcdefghijklmnABCDEFGHIJKLMN

Fishbones78 this is a good opportunity for you to widen your business horizons. Please do not say 'no' or I just might have to take my business and reputation elsewhere  Wink

Savi50
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July 17, 2017, 04:09:15 PM
 #56

Hi!

give you a loan to beginners?


Requested Loan Amount: 0.03
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 23th
Reason For Loan: gift

18mmA1BSXHSBviQaCabc9ZwXkG2nU6dPLf
DENIED
Your collateral is worth pennies on a good day. Come up with some good collateral and Ill have 0 issues lending to you.

what we are tough and witty))

just say denied
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July 17, 2017, 05:07:48 PM
 #57


Requested Loan Amount: .01
Collateral To Be Provided: bitcointalk account
Proposed Repayment Date: Tuesday, July 19th
Reason For Loan: gift
BTC Address: 1FQ74kvjCgb99FUb3NZW43Bv6HkRKA2npN
ACCEPTED
I have received your accont details, but you will need to give me around an hour to access my cold wallet to provide the funds. Please confirm you agree to this, and that your repayment is 0.012.
Thanks

Ok, i am agree this!

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PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Fishbones78
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July 17, 2017, 07:37:38 PM
 #58

Requested Loan Amount: 7500 BTC
Collateral To Be Provided: My Word Is My (James) Bond
Proposed Repayment Date: 1st April 2185
Reason For Loan: Polygamy Support & Travel The World
BTC Address: 123456789abcdefghijklmnABCDEFGHIJKLMN

Fishbones78 this is a good opportunity for you to widen your business horizons. Please do not say 'no' or I just might have to take my business and reputation elsewhere  Wink
At least someone gets it, eh?  Grin Grin Grin

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