3.5 BTC loan request

[Sannyasi]

Hello, my name is Dustin Bledsoe and I would like to borrow a 3.5 BTC loan over the course of 3 months with and will repay 4 BTC within that time

The purpose of this loan is to upgrade my mining farm. I was recently given two fully built computers that are ready to mine besides a power
supply upgrade for one and graphics cards for both. If I do get this loan I will be at 2.5-3 G/hash. Another purpose of the loan is to build more reputation here, I'm in bitcoins for the long haul.

I'd like to do payments in .5 BTC as I mine but if you'd like to setup scheduled payments .4 BTC a week would be a safe amount. I expect to have this repayed in much less than the requested 3 month, I just want to make sure I don't overestimate how fast I'll be making payments. If the end of the 3 months does approach I can buy the difference in BTC or settle the difference using paypal.

-My credentials-

-My paypal/email-Sannyassi_73@yahoo.com

-My ebay account 'Sannyasi73': http://myworld.ebay.com/sannyasi73


-My portfolio: www.windowsofamind.com (being rebuilt but the important area is there(the game design main projects))

*I do contract game design work, you can see all the main projects that I've taken part in.
*I also remodel and do car repairs for extra income


-I've been a part of bitcointalk.org since June of 2011 and I have made multiple purchases and sold a couple of
itunes gift cards here- here are some of my main transaction threads:

*just purchased two 5830s in this thread:
https://bitcointalk.org/index.php?topic=212994.msg2256374#msg2256374

*just purchased a x1-x16 riser here:
https://bitcointalk.org/index.php?topic=181253.msg2312355#msg2312355

*purchased a 6950 here:
https://bitcointalk.org/index.php?topic=57217.40

*sold itunes giftcards
https://bitcointalk.org/index.php?topic=55872.msg692480#msg692480

*bought replacement fan for 5870
https://bitcointalk.org/index.php?topic=99970.msg1282996#msg1282996

*I was also scammed for a 5770 a long while back and bought some ramen noodles which got refunded but can't find the posts if they matter.


If anyone can help me with this or help provide part of what I'm requesting I can provide further information, photo of ID, photos of the rigs I'm upgrading if you're curious and whatever else I can to reassure that I will make full payment before the 3 months requested. Thanks folks, take care!


-Sannyasi

[1715087885]

1715087885

[1715087885]

1715087885

[Sannyasi]

Bump- After looking around at other loans I realized the interest I was requesting was low so I've changed it from 3.5 to borrow and 4 to pay back. Hope to hear from someone soon, thanks!

[Teka]

Do you have any collateral that is worth close to or more than 3.5BTC ?

[Sannyasi]

I don't think I have anything worth 3.5 BTC other than my mining rigs. I am hoping that my trade history helps show that I'm an honest bitcoiner.

[Eisenhower34]

Did you, in any of the above mentioned deals, receive the hardware first and then kept your word and transfered the money afterwards?

[ixne]

What is your contingency plan should mining difficulty abruptly rise and your profit margin consequently shrink/disappear over the course of 3 months?

[Sannyasi]

I have always paid first. As mentioned in the original post, if the 3 month limit approaches I have other cash income that I could buy BTC with or sell some of my hardware for a loss.

[ixne]

How soon after receiving the loan can you start making payments?

[eroxors]

I'm financing a hardware purchase for Dustin in the amount of BTC4.15 principal and BTC0.6 in interest to be repaid in full within 90 days/3 months.

I will reply by Monday with tracking and repayment address.

Dustin please confirm.

Thanks!

[Sannyasi]

confirming that we have made a deal

will update this post as payments are made

[eroxors]

Repayment address: 14dRFdSmS3R39oPdNX7eXdQQfG8krTwzWr

Tracking: 1ZV93T25P295800835

Thanks~!

[Sannyasi]

hardware received and hashing away- will continue to update as payments are made

.5 BTC paid 6/7/13

.5 BTC paid 6/14/13

.25 paid 6/23/13

.35 paid 7/1/13

.4 paid 7/7/13

.2 paid 7/15/13

.2 paid 7/26/13

.2 paid 8/8/13

.2 paid 8/?/13

.2 paid 9/1/13

*have arranged a longer dealine with eroxors for loan payoff date.

Total paid toward debt: 3 BTC

[eroxors]

This loan has been concluded and I am pleased to recommend Dustin as a trustworthy person to do business with.

Thanks!

[Sannyasi]

Thanks! eroxors is a pleasure to work with.