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Author Topic: I need a 2 BTC loan  (Read 1370 times)
MRKLYE (OP)
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June 22, 2013, 10:59:35 PM
 #1

I wish to bid on this item: https://www.bitmit.net/en/item/40428-crypto-currency-mining-computer-price-drop

I'm willing to give you 95% of the PPS payout it receives until I pay you back 2.5BTC!

Currently mining at 50MH/s with my laptop.. I need a rig. :/

Can post ID and SSN if needed.

Auction ends in less then an hour. Please get ahold of me quickly.

Thanks for reading this post!


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Vod
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June 22, 2013, 11:01:24 PM
 #2

I wish to bid on this item: https://www.bitmit.net/en/item/40428-crypto-currency-mining-computer-price-drop

I'm willing to give you 95% of the PPS payout it receives until I pay you back 2.5BTC!

Currently mining at 50MH/s with my laptop.. I need a rig. :/

Can post ID and SSN if needed.

Auction ends in less then an hour. Please get ahold of me quickly.

Thanks for reading this post!

No one will do this without collateral.   Embarrassed

I post for interest - not signature spam.
https://elon.report - new BPI Reports!
https://vod.fan - fast/free image sharing - coming Nov
MRKLYE (OP)
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June 22, 2013, 11:04:25 PM
 #3

Ahh. I just noticed that.. Maybe I will avoid him.. Kinda smells scammy. I agree.

Only things I have for collateral are far greater in cost then 2BTC (Turntables, DJ gear, Studio monitors).
I'm hoping to establish myself on this forum.. I have no intention of giving up my good standing in the community. :/


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MRKLYE (OP)
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June 22, 2013, 11:08:33 PM
 #4

I find it silly that people will give known scammers hundreds of dollars worth of BTC without so much as a whim..

Yet for someone who's never scammed in their life and would like to prove they are trustworthy.. Get shot down like fire. :/


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Fear
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June 22, 2013, 11:40:10 PM
 #5

I find it silly that people will give known scammers hundreds of dollars worth of BTC without so much as a whim..

Yet for someone who's never scammed in their life and would like to prove they are trustworthy.. Get shot down like fire. :/

Yup.Some already took their chances and gave chances to people like you and it turned out to be a masked known scammer.
Don't blame people on their actions,put yourself instead of them then decide the choice.I know maybe you are not a scammer but,you gotta understand how people feel.
I had troubles getting a loan myself.But I can't blame them really as I have suffered scammers a lot in my life myself.
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June 23, 2013, 12:23:35 AM
 #6

Don't blame people on there actions?

That is the silliest thing I've ever heard.


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Fear
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June 23, 2013, 01:01:32 AM
 #7

Don't blame people on there actions?

That is the silliest thing I've ever heard.

So you can be a stranger that I have never met,come ask me to give you 200$+ and I refuse so you have to blame me for that ?.

Meh,you sure you know who is the silly one here ?
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June 23, 2013, 01:03:33 AM
 #8

Sorry to say this but this loan is -EV. It is throwing your money away.

Doesn't matter if you have good intentions, doesn't matter if you repay, it is still -EV.
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June 23, 2013, 02:41:30 AM
 #9

What is -EV? I'd lose on electricity?


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June 23, 2013, 04:49:52 AM
 #10

expected value.

Say you have a 50% chance to get 2.1x. The EV of that is 1.05.

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.
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June 23, 2013, 04:52:05 AM
 #11

Going by the past deals in this forum, there's a 99%+ chance that if you give out a loan, you will not get your money back.  You're better off playing the 50% addy at Satoshi Dice. Not only is the % return a LOT higher, but you actually have a much better chance of winning.

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June 23, 2013, 04:55:07 AM
 #12

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number Cheesy

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June 23, 2013, 04:56:01 AM
 #13

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number Cheesy

quit brown nosin' -.-

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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June 23, 2013, 04:56:27 AM
 #14

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number Cheesy
Hey, every time a newbie lends another newbie the loan seems to be repaid! Cheesy
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June 23, 2013, 05:07:40 AM
 #15

Now your loan will pay back 2.5 BTC or 1.25x. This means your chances of repaying must be at least 80% just to break even. It is obvious that the chance of this loan being repaid is closer to ~20%, based on previous cases.

That's a generous number Cheesy
Hey, every time a newbie lends another newbie the loan seems to be repaid! Cheesy

ain't it amazin' how that works?

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June 23, 2013, 06:23:34 AM
 #16

Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.


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🏰 TradeFortress 🏰
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June 23, 2013, 06:31:14 AM
 #17

Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.
Fear
aka elbashadodo
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June 23, 2013, 08:45:40 AM
 #18

Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Thats a big +1 Cheesy.
I have always wondered if someone takes a loan and he died (I mean for real) before the repayment time how would the lender know that Cheesy
MRKLYE (OP)
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June 23, 2013, 09:04:18 AM
 #19

Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Who's to say the universe didn't already end and we are merely experiencing memories of it?

To shoot me down or call me a scammer without proof is slanderous. I take a great amount of pride in being on point with my business ventures.


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Fear
aka elbashadodo
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June 23, 2013, 09:43:54 AM
 #20

Not sure I follow your math there sir.

There is a 100% chance I will pay the lender back. The BTC community is far to small to turn and burn people over such small amounts of money.

The funds to pay them back however. May not come 100% from my mining operations. More likely my paycheck will be used against a large portion of this loan to settle it quickly.

The chances of the universe ending somehow tomorrow is not zero.

Who's to say the universe didn't already end and we are merely experiencing memories of it?

To shoot me down or call me a scammer without proof is slanderous. I take a great amount of pride in being on point with my business ventures.

What a really contradicting person.
Say the same words to you,you are calling them guilty because they don't want to loan you.
But as much as we don't have a proof for you being scammer,you didn't give us a single proof that you are not neither you gave a collateral or anything that would make them feel safe about loaning you.
Correct me if I am wrong.
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