Want to borrow 40 BTC, fully repaid by the end of next month. Your terms.

[Cyrusis]

REMOVED THE REQUEST.

Appreciate the info guys!

[Fear]

Hey!

Here's the deal, I have about $7K coming my way on the 15th and 25th of next month. And I need some BTC now for the investment I want to make, its time sensitive.

I'm hoping someone here will be able to lend me this BTC. I can pay back in either Bitcoin or USD.

If someone is willing, please list your terms and what you'd need for collateral. I'm pretty new to this sort of stuff so I'm not sure what is fully required

Thanks!

A collateral is something that costs way more than the loan you are asking.
Its not something someone can decide its something you decide.
You see what you got is valuable and might put it as collateral and offer it for the loaner.

40 BTC is a huge amount for a newbie that just registered.

[Vod]

A collateral is something that costs way more than the loan you are asking.

Not exactly true. 

Collateral should be something that can be easily sold for the amount of the loan. 

So the OP would need to send something that could easily be sold for $4500

[Vod]

Oh, interesting.

Collateral must be shipped ahead of time? All of my collateral that range in the 4K range are all tech I use everyday, might not be feasible for me.

Yeah I'm a newbie here, mostly on Reddit discussions. But I have to start somewhere.

I make 60-70K a year right now, I can provide Stubbs, gov. ID, matching addresses and picture verification, etc to whomever lends.

Would that suffice?

That may prove you make money and you have the ability to repay, but it doesn't guarantee you will.

Anyone that will lend you 40btc will want something in their possession to hold onto until you repay.

With that kind of income, why not just go to a bank?