14 BTC @ 2.0% for 30 days. Collateralized

I thought I would put this up here to try and get my loan funded faster. My intention for this loan is to build up some rep and hopefully make a few coins for my self at the end of the day. I probably won't take the full 30 days to pay the loan back as I intend to do another loan after this one to build up some more rep.
https://btcjam.com/listings/4663

57% funded

BTC 6.01809 left

Thank you to all who have invested so far.

92% funded

BTC 1.01079 left

Thank you too all the funder's of this loan. I have taken the loan out at 94% funding to make sure it's 100% collateralized to insure everyone gets there BTC back on time.
I am watching this thread and I am reading the forum every day so I will get my PM's if anyone has any questions.

If you're planning to run any more fully collateralized loans, apply at coin lenders.

I was just reading about you yesterday, I will head over and make an account.

Your gonna take out another loan after this one to pay people back in the first loan ?

Quote from: WildFire.ca on May 24, 2013, 03:20:02 AM

I am not sure where you got that idea from. I was thinking of trying to take out an second unsecured 2% loan for 1-2 BTC for a week on coin lenders to try and build up some rep on there. I can't figure out how I am going to pay off the 2% with out taking a loss as I would not risk the unsecured principle on something as stupid as miner stock. I think maybe I would take and park a second 1-2 BTC loan at 2% if I make enough profit off this first loan to pay off the 2% so i can build up some more rep.

I thought you meant you could pay people pay earlier cause you'd be getting a second loan.. My mistake I misread.

Just out of curiosity.. what you need all the 'rep' for ?

My intention for this rep building exercise is to diversify my mining portfolio. I hold ASICMiner stock and own about 75GH/s of BFL invoices. (and they ship in 2 weeks ) If I had my way I would like to buy another miner from a different company that I already have a few semi low reserve spots for the equipment. I read some news the other day that the mining company is planing to take orders in a short period of time. I am not even sure if this is going to be workable time frame, and I may have to find another way to pay for this miner if they start taking orders too quickly here.

I am happy to report that I have paid off this loan early.