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Author Topic: Looking for a 0.004 BTC loan  (Read 709 times)
SM23031997
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September 13, 2017, 02:46:10 PM
 #1

Loan Amount: 0.004
Reason: Testing a Service
Amount to be Repaid: 0.0044
Days Loaned: 1-2 days
Bitcoin Address: 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
Collateral: We can discuss.
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ThatRandom8543
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September 13, 2017, 03:35:48 PM
 #2

Loan Amount: 0.004
Reason: Testing a Service
Amount to be Repaid: 0.0044
Days Loaned: 1-2 days
Bitcoin Address: 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
Collateral: We can discuss.

You should tell us what you have for collateral than to state "we can discuss".
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September 13, 2017, 03:44:32 PM
 #3

Loan Amount: 0.004
Reason: Testing a Service
Amount to be Repaid: 0.0044
Days Loaned: 1-2 days
Bitcoin Address: 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
Collateral: We can discuss.

Quoted for referrence.


Can you please tell us what to discuss? Either you have a Valid Collateral to offer or you don't. Simple.
Also, what service is this that you want to test it with others funds? The amount that you ask don't even worth the trouble to do the transactions. Not to mention the fees, your interest is less than those...
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September 13, 2017, 03:46:56 PM
 #4

I'm wondering what can you do with a 0.004BTC ? Why don't you just buy it from the market instead of lending?
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September 13, 2017, 04:16:16 PM
 #5

Loan Amount: 0.004
Reason: Testing a Service
Amount to be Repaid: 0.0044
Days Loaned: 1-2 days
Bitcoin Address: 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
Collateral: We can discuss.

Quoted for referrence.


Can you please tell us what to discuss? Either you have a Valid Collateral to offer or you don't. Simple.
Also, what service is this that you want to test it with others funds? The amount that you ask don't even worth the trouble to do the transactions. Not to mention the fees, your interest is less than those...

Likely he has some weird collateral that he will offer via PM and will try to convince the lender that it is a valid one.
Or basically, he will offer an invalid one fore sure, hence the reason why he doesn't want to post it outright.

FOR RENT. PM ME.
SM23031997
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September 13, 2017, 05:07:22 PM
 #6

OK, here it is after the discussion with someone I am willing to give ether as collateral. He is willing to lend me but unfortunately, I was not active in the last hour so he's gone. Anyone willing to lend me please specifies the terms and amount in ether for the loan.

Collateral : Ether
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September 13, 2017, 05:29:17 PM
 #7

Hey I am just trying to understand that when you have ETHER with you, you instead of taking a loan and paying a high amount later get the Ether converted to BTC and use to for your purpose. And once the task is done you can either keep btc or else get it converted to Ether simple by yourself.

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September 13, 2017, 05:55:42 PM
 #8

Hey I am just trying to understand that when you have ETHER with you, you instead of taking a loan and paying a high amount later get the Ether converted to BTC and use to for your purpose. And once the task is done you can either keep btc or else get it converted to Ether simple by yourself.


If he were to convert it, and eth goes back up, he would be out of what couldve been gained, but giving it as collateral, would also secure it.

OP, I may take you up on your offer, however the thing is that both btc and eth is going through correction so the price will be going up and down, so if you have collateral that is 150% of what youre asking and no offer to lend to you in the next 30min or so, I will provide an eth address for you to send eth too, and once its confirmed, I will lend you the 0.004, with the repayment date, address to send payment too. Failure to make payment on the date agreed will likely result in you getting a negative feedback and forfeit of collateral.
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September 13, 2017, 06:09:54 PM
 #9

Hey I am just trying to understand that when you have ETHER with you, you instead of taking a loan and paying a high amount later get the Ether converted to BTC and use to for your purpose. And once the task is done you can either keep btc or else get it converted to Ether simple by yourself.


If he were to convert it, and eth goes back up, he would be out of what couldve been gained, but giving it as collateral, would also secure it.

OP, I may take you up on your offer, however the thing is that both btc and eth is going through correction so the price will be going up and down, so if you have collateral that is 150% of what youre asking and no offer to lend to you in the next 30min or so, I will provide an eth address for you to send eth too, and once its confirmed, I will lend you the 0.004, with the repayment date, address to send payment too. Failure to make payment on the date agreed will likely result in you getting a negative feedback and forfeit of collateral.
ok thanks, waiting for your reply
please, try to speed up the process.
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September 13, 2017, 07:26:06 PM
 #10

Hey I am just trying to understand that when you have ETHER with you, you instead of taking a loan and paying a high amount later get the Ether converted to BTC and use to for your purpose. And once the task is done you can either keep btc or else get it converted to Ether simple by yourself.


If he were to convert it, and eth goes back up, he would be out of what couldve been gained, but giving it as collateral, would also secure it.

OP, I may take you up on your offer, however the thing is that both btc and eth is going through correction so the price will be going up and down, so if you have collateral that is 150% of what youre asking and no offer to lend to you in the next 30min or so, I will provide an eth address for you to send eth too, and once its confirmed, I will lend you the 0.004, with the repayment date, address to send payment too. Failure to make payment on the date agreed will likely result in you getting a negative feedback and forfeit of collateral.
ok thanks, waiting for your reply
please, try to speed up the process.

Ill be posting the address shortly (setting up my computer for my hw wallet again)

Please send 0.08 ETH to 0x73e41f40Cd5A7fF1b188778373cAD4f7853E48c8 .
SM23031997
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September 13, 2017, 07:47:36 PM
 #11

Hey I am just trying to understand that when you have ETHER with you, you instead of taking a loan and paying a high amount later get the Ether converted to BTC and use to for your purpose. And once the task is done you can either keep btc or else get it converted to Ether simple by yourself.


If he were to convert it, and eth goes back up, he would be out of what couldve been gained, but giving it as collateral, would also secure it.

OP, I may take you up on your offer, however the thing is that both btc and eth is going through correction so the price will be going up and down, so if you have collateral that is 150% of what youre asking and no offer to lend to you in the next 30min or so, I will provide an eth address for you to send eth too, and once its confirmed, I will lend you the 0.004, with the repayment date, address to send payment too. Failure to make payment on the date agreed will likely result in you getting a negative feedback and forfeit of collateral.
ok thanks, waiting for your reply
please, try to speed up the process.

Ill be posting the address shortly (setting up my computer for my hw wallet again)

Please send 0.08 ETH to 0x73e41f40Cd5A7fF1b188778373cAD4f7853E48c8 .
Quoted for reference will post update after sometime.
SM23031997
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September 13, 2017, 07:56:41 PM
 #12

ok Sent through tx id - https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b

Please provide terms of the loan here so, I agree to them before proceeding to finalize the deal.
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September 13, 2017, 07:59:22 PM
 #13

ok Sent through tx id - https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b

Please provide terms of the loan here so, I agree to them before proceeding to finalize the deal.


Received the 0.08 ETH (https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b)

Will be sending 0.004 BTC shortly to 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM

Amount to pay: 0.0044 BTC
Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
Pay By: Sep. 15th, 2017

EDIT: If you agree to these terms (which is pretty much what was stated in your OP), I will proceed to send the 0.004 BTC.
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September 13, 2017, 08:03:42 PM
 #14

ok Sent through tx id - https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b

Please provide terms of the loan here so, I agree to them before proceeding to finalize the deal.


Received the 0.08 ETH (https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b)

Will be sending 0.004 BTC shortly to 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM

Amount to pay: 0.0044 BTC
Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
Pay By: Sep. 15th, 2017

that's right
BTC Address - 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
You can send now
ThatRandom8543
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September 13, 2017, 08:05:12 PM
 #15

ok Sent through tx id - https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b

Please provide terms of the loan here so, I agree to them before proceeding to finalize the deal.


Received the 0.08 ETH (https://etherscan.io/tx/0xf4ce83c4aeaa2ff43fbe766df94ac489778e74cffabb54f8559723787cbe603b)

Will be sending 0.004 BTC shortly to 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM

Amount to pay: 0.0044 BTC
Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
Pay By: Sep. 15th, 2017

that's right
BTC Address - 16XUNdduwA6BRCBJoRrCzLBMNSAy3q6xVM
You can send now

Sent: https://blockchain.info/tx/494ff84c8eab59442851f590bc27e18960f1b02f170ae1e96b215779192d4e97
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September 14, 2017, 02:17:06 AM
 #16

glad you found your loan, sorry i went offline, it was 2 am where i'm at.

There's nothing here.
SM23031997
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September 14, 2017, 05:19:49 PM
 #17

glad you found your loan, sorry i went offline, it was 2 am where i'm at.
No problem, keep you in my mind for the next loan if ever require.

Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
ok, I checked my wallet today I have sufficient fund to repay the loan please confirm the address I am quoting.
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September 14, 2017, 05:28:30 PM
 #18

glad you found your loan, sorry i went offline, it was 2 am where i'm at.
No problem, keep you in my mind for the next loan if ever require.

Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
ok, I checked my wallet today I have sufficient fund to repay the loan please confirm the address I am quoting.

Yes that is the address.  I would usually also sign a message but trezor doesn't support signing from segwit addresses yet
SM23031997
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September 14, 2017, 05:56:20 PM
 #19

glad you found your loan, sorry i went offline, it was 2 am where i'm at.
No problem, keep you in my mind for the next loan if ever require.

Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
ok, I checked my wallet today I have sufficient fund to repay the loan please confirm the address I am quoting.

Yes that is the address.  I would usually also sign a message but trezor doesn't support signing from segwit addresses yet
https://blockchain.info/tx/a280dbd055194cc05abd605e58ceb8769e0cda68e54f6ed983e70e1a2ad32fbe
It will take some time to reach you as the network is slow from past few hours.
ThatRandom8543
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September 14, 2017, 06:04:26 PM
 #20

glad you found your loan, sorry i went offline, it was 2 am where i'm at.
No problem, keep you in my mind for the next loan if ever require.

Address: 3JQZqZ65BeLJp2JvLKLPZNuYEJd5FX6sJM
ok, I checked my wallet today I have sufficient fund to repay the loan please confirm the address I am quoting.

Yes that is the address.  I would usually also sign a message but trezor doesn't support signing from segwit addresses yet
https://blockchain.info/tx/a280dbd055194cc05abd605e58ceb8769e0cda68e54f6ed983e70e1a2ad32fbe
It will take some time to reach you as the network is slow from past few hours.

Okay. I will release the collateral back to you once it is confirmed.
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