Can I pay off my loan without using FIAT before the end of the week?

[seller]

Unfortunately I had no bidders.  This experiment failed.  I'm going to reconstruct and extend the offer.





I have a $8500 loan with a bank who has 400 locations across Arizona, Colorado, Illinois, Indiana, Michigan, Minnesota, South Dakota & Wisconsin.  I want to clear it immediately.  I want to trade BTC (or LTC) to clear the loan at BTC-E +10%.  Do you think I can get it done before the end of the week?

discussion:
https://bitcointalk.org/index.php?topic=243102.0

auction:
https://bitcointalk.org/index.php?topic=243153.0
https://bitcointalk.org/index.php?topic=243176.0


Speculate away

[vokain]

https://www.billpayforcoins.com/payyourbills.php

possibly? you may have to call in.

[worldinacoin]

Certainly hope that you can clear all the complicated and numerous loans all using Bitcoins and Litecoins, do update us, it will be a confidence booster for those using Bitcoins for transactions and encourage more transactions rather than storing of the Bitcoins.

[seller]

Certainly hope that you can clear all the complicated and numerous loans all using Bitcoins and Litecoins, do update us, it will be a confidence booster for those using Bitcoins for transactions and encourage more transactions rather than storing of the Bitcoins.

I turned it into an auction:

https://bitcointalk.org/index.php?topic=243153.0

[torba]

You probably will, money is money 

[ixne]

I pay escrow fees.  

Awesome!

I am starting the bidding at 1% above btc-e because that is what I will need to pay the escrow agent.

Wait a minute...

[TheAndy500]

I'm confused.  You want people to overpay you for BTC?  And whoever will overpay you most, gets to pay off your loan?

[seller]

I'm confused.  You want people to overpay you for BTC?  And whoever will overpay you most, gets to pay off your loan?

What do you mean "overpay" that's a loaded word.  No I don't want anybody to overpay for anything.  I want to sell bitcoin to someone who  wants to put money in a bank account.  If I wanted to deal with a big faceless company I'd just sell my coins on the exchange. 

I am confident there is somebody out there who is willing to pay me the same they'd pay to get money through bit instant... and they are at +5%.  I am looking for a deal that's a little better than that.

[natbyte]

So let me clear this up, you want to sell BTC or LTC for cash.

Why not keep it simple, just sell crypto for fiat, I fail to see why you need to introduce any confusion about BTC-E rates / your loan / or bidding, at the moment I suspect no one will be interested in your terms.

[seller]

I am confident there is somebody out there who is willing to pay me the same they'd pay to get money through bit instant...

[Peter Lambert]

You might want to put up a link to this or the auction thread over in the IRC #bitcoin-otc

You might also want to go into more detail about what escrow you are using, or are bidders allowed to choose the escrow service?

[TheAndy500]

Maybe you could get someone to overpay for a few BTC, but $8.5k worth?  Nobody who wants to buy $8.5k worth of Bitcoin is going to buy it with a 5% fee.  Coinbase - 1%, MtGox - <1%, your deal - sucks.

[Peter Lambert]

Maybe you could get someone to overpay for a few BTC, but $8.5k worth?  Nobody who wants to buy $8.5k worth of Bitcoin is going to buy it with a 5% fee.  Coinbase - 1%, MtGox - <1%, your deal - sucks.

One could point to the slippage from large purchases, so having a deal at about the going rate could be good for large amounts, but I do not think this amount would significantly move the order book on the larger exchanges.

[seller]

Nobody who wants to buy $8.5k worth of Bitcoin is going to buy it with a 5% fee. 

People pay bitinstant that amount all day every day and sometimes it takes a while for bitinstant to service the customer because they are too big.  This is an offer for people who have not tied their bank account to an exchange.

[smoothie]

I guess it al depends on if your orders get filled.

[seller]

I guess it al depends on if your orders get filled.

Smoothie, congratulations on your new offering.  Please link it in this thread so people can see.  It's GORGEOUS.

edit:  Click the yellow link above in smoothie's signature.  Warning, it may cause drooling.

>>> LEALANA PHYSICAL SILVER LITECOINS <<<

WINNING!

Hey dude, wanna trade?  I'll give you coin today to be the first customer.  I will NEVER EVER EVER open the ones I buy.  Please please please plea

[smoothie]

I guess it al depends on if your orders get filled.

Smoothie, congratulations on your new offering.  Please link it in this thread so people can see.  It's GORGEOUS.

edit:  Click the yellow link above in smoothie's signature.  Warning, it may cause drooling.

>>> LEALANA PHYSICAL SILVER LITECOINS <<<

WINNING!

Hey dude, wanna trade?  I'll give you coin today to be the first customer.  I will NEVER EVER EVER open the ones I buy.  Please please please plea

Well I wouldnt want to derail someone else's thread. Sorry OP.

Hence why it is in my signature. 

[seller]

Oh no, I want to trade today no derail.  Let me buy your coins, please.  I have a bunch of btc burning a hole in my pocket, come on dude, hook a brother up.

[Peter Lambert]

Oh no, I want to trade today no derail.  Let me buy your coins, please.  I have a bunch of btc burning a hole in my pocket, come on dude, hook a brother up.

Is this in addition to the bitcoins you are trying to use to pay your debt, or would buying his silver make you cancel the auction?

[seller]

I have lots of coins.  I can handle both, thank you for asking.