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Author Topic: 50BTC Investment  (Read 1645 times)
fontera (OP)
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July 04, 2013, 11:42:44 PM
 #1

I own a solar power company and we are short of 50BTC to purchase a new solar panel, We can pay back 51BTC In 2 months, The solar panel would generate approx 10,000$ A month and be to pay loan.
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July 04, 2013, 11:56:19 PM
 #2

I own a solar power company and we are short of 50BTC to purchase a new solar panel, We can pay back 51BTC In 2 months, The solar panel would generate approx 10,000$ A month and be to pay loan.

Where can you buy a solar panel for btc?

I think you want a bank.

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July 05, 2013, 01:04:33 AM
 #3

A solar panel will generate $10,000/mo...


ROFLMFAO!!!  Roll Eyes

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July 05, 2013, 01:33:06 AM
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A solar panel will generate $10,000/mo...


ROFLMFAO!!!  Roll Eyes
We will have a series of solar panels (around 25 Large) and sell back to the power company
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July 05, 2013, 01:38:05 AM
 #5

A solar panel will generate $10,000/mo...


ROFLMFAO!!!  Roll Eyes
We will have a series of solar panels (around 25 Large) and sell back to the power company

You said that the solar panel alone will generate 10k a month.
[...] we are short of 50BTC to purchase a new solar panel, [...] The solar panel would generate approx 10,000$ A month[...]

Also, your claim that you have a $10k revenue solar farm strains credibility. Even with government subsidies, you'll need at least 20 KW of generating capacity. Why can you afford 20KW of solar panels, but not 5000k?

It is pitch black. You are likely to be eaten by a grue.

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fontera (OP)
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July 05, 2013, 01:41:56 AM
 #6

A solar panel will generate $10,000/mo...


ROFLMFAO!!!  Roll Eyes
We will have a series of solar panels (around 25 Large) and sell back to the power company

You said that the solar panel alone will generate 10k a month.
[...] we are short of 50BTC to purchase a new solar panel, [...] The solar panel would generate approx 10,000$ A month[...]

Also, your claim that you have a $10k revenue solar farm strains credibility. Even with government subsidies, you'll need at least 20 KW of generating capacity. Why can you afford 20KW of solar panels, but not 5000k?
As said We are short of 50BTC in order to complete this transaction.
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July 05, 2013, 01:47:55 AM
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And we are located in Arizona High Desert.
fontera (OP)
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July 05, 2013, 01:28:11 PM
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I own a solar power company and we are short of 50BTC to purchase a new solar panel, We can pay back 51BTC In 2 months, The solar panel would generate approx 10,000$ A month and be to pay loan.

Where can you buy a solar panel for btc?

I think you want a bank.
Look in the goods subsection There is someone selling solar panels.
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July 05, 2013, 01:33:16 PM
 #9

For one, you have not provided any proof. Second you're trust rating is already indicating people not to trust you. It seems by looking over you're posts you have tried to sell a lot of things and insisted on the buyer to send first and refused to accept any type of escrow. That's enough red flags for me. The solar panels in the goods section are most likely being sold by a non reputable member, I haven't checked because I'm on the phone and can't use the search function.


Please provide information of you're solar power company.  You need to provide all credentials before anyone takes you seriously.



EDIT: That's great telling us you are located there. That's a good place for a solar company. But, what we really need is the companies name to see if it's registered and you are who you say you are. Otherwise, you should think about asking you're bank for a loan. They would keep you're information confidential and make sure they get the money back. I you are buying the solar panels then convert that money into BTC. It's not hard.

Asking for a huge amount online without providing any collateral or any other means of insurance is a no no. You haven't even given any information on you're company. I normally speak to company owners and they throw their name around because it increases potential sales.




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July 05, 2013, 01:35:47 PM
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For one, you have not provided any proof. Second you're trust rating is already indicating people not to trust you. It seems by looking over you're posts you have tried to sell a lot of things and insisted on the buyer to send first and refused to accept any type of escrow. That's enough red flags for me. The solar panels in the goods section are most likely being sold by a non reputable member, I haven't checked because I'm on the phone and can't use the search function.


Please provide information of you're solar power company.  You need to provide all credentials before anyone takes you seriously.





We are in Kingman Az
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July 05, 2013, 01:38:19 PM
 #11

What is you're company name?
fontera (OP)
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July 05, 2013, 01:46:33 PM
 #12

What is you're company name?
BLXPM Solar
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July 05, 2013, 02:04:51 PM
 #13

What is you're company name?
BLXPM Solar

Can't be found on Google ^^
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July 05, 2013, 02:05:58 PM
 #14

What is you're company name?
BLXPM Solar

Can't be found on Google ^^

I can't find it anywhere at the moment. Not even registered companies. I'm on my phone so it's a bit awkward to search these types of things (my phone is slow & OLD). I'll take a look later.
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July 05, 2013, 02:42:02 PM
 #15

Our Address 107 White Cliff Road, Kingman, AZ
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July 05, 2013, 02:48:02 PM
 #16

Again, where can you buy a solar panel for BTC?

Are you just planning on selling the BTC for fiat?  Why not go to a bank then?

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July 05, 2013, 02:52:58 PM
 #17

nothing about the address on google..
you can not even get there with street view.  sounds like a scam to me
fontera (OP)
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July 05, 2013, 03:05:24 PM
 #18

Again, where can you buy a solar panel for BTC?

Are you just planning on selling the BTC for fiat?  Why not go to a bank then?
There are many people on Bitcointalk selling Solar panels.
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July 05, 2013, 10:57:59 PM
 #19

Again, where can you buy a solar panel for BTC?

Are you just planning on selling the BTC for fiat?  Why not go to a bank then?
There are many people on Bitcointalk selling Solar panels.
Post a link, along with the CORRECT information for requesting a loan. Please see below:

10/11/12 UPDATE: If you don't feel like reading this, or clunkily dealing with everyone individually, a streamlined process seems to be available. Though I have not used and do not endorse the product -- it may be worth the time of potential lendees to visit https://btcjam.com/

(written for US residents -- necessary documents will vary by country of origin)

Expect at least 2x the "typical" BTC lending rate, and difficulty finding a lender, if you fail to provide the following:
*Government-issued photo ID -- should be valid
*Utility bill proving you live at the address on your ID
*Pay stubs or income tax returns (unnecessary if you provide SSN, address, current employer, and consent to credit check)
*"Proof of Reputation." This is generally OTC-WoT rating information, links to successful transactions on this forum, or from a different third-party source. If you do not have other convincing information, it's essential you have "Proof of Reputation" for any chance of receiving a loan.
*Proof of funds if you intend to "arb" (for example, if you deposit lent funds into a higher-paying program - "Proof of Funds" is generally showing you have enough funds to cover your debts were your deposit in another program not returned. Bank statements, or showing you control a certain amount of BTC by transferring it to one of your addresses, among other forms, are generally acceptable.)

Expect to pay a significantly higher rate than you could otherwise receive if you fail to also provide the following:
*SSN
*Current Address
*Employment information (current and last three with dates of employment)
*Consent to perform a credit check
ETA: You likely do not need to send your actual SSN to a potential lender, but could instead use a service where a company links you to a .pdf file, you sign it and give your SSN to the company. The lender, then, would not see your SSN, just the credit report.

With your credibility and identity established, you may also find it beneficial to provide your lender collateral in the form of physical goods you prove ownership of with a picture which has the current date on it, including you in the picture.

Please also provide your intentions with regards to what you want to do with the loan. For example, if you want to purchase mining hardware, please tell us which hardware.

Example:
"My name is Ben Malec. I am seeking a 50BTC from 8/1/12 to 11/1/12 to assist in the purchase of 3 Jalepeno units from BFL, but I do not wish to deal with the hassle of setting up an account at an exchange. I currently work as an administrative clerk at Community Assistance Programs and Services, LLC at 3131 Earl Drive, Spring Arbor, MI, 49283. This address is also where I currently live. I have been employed there for three years. My annual income is roughly $22,000, though I am not salaried, so this varies by services rendered in the particular year. I have no previous employment history. I receive roughly 25BTC per month from a 10GH/s farm on Eligius. This operation is registered as a sole proprietorship, DBA KMining, registered in Jackson County. You can view my mining stats at http://eligius.st/~artefact2/7/19oxq542VLytWkP6QQt2kGutq1qrxr1s2e. I intend to repay my loan with mining income. In the event that I am unable to repay my loan with mining income, I will purchase BTC with USD, or transfer USD to you directly through Wire or ACH if you'd prefer. I consent to you performing a credit check.

Photo ID:
(img)

Utility Bill:
(img)

Proof of Funds:
(img of bank statement)

SSN:
xxx-xx-xxxx (ETA: Alternately, ask lender to find a company which takes your SSN, sends a .pdf [or link to .pdf on their server you can sign] to your email address you'd digitally sign, authorizing the credit report to be given, and then that company'd provide the lender with only the report, and not the SSN)

OTC rating: http://bitcoin-otc.com/viewratingdetail.php?nick=bdk_kluge&sign=ANY&type=RECV
Signed message available upon request.

Phone references:
xxx-xxx-xxxx Ask for Wilford Brimley. Relationship: Current Employer
xxx-xxx-xxxx Ask for Jon Holmquist. Relationship: Business Associate
xxx-xxx-xxxx Ask for Leonoardo Benetti. Relationship: Life-long Friend

Contact Information:
Skype - bdk_kluge
Email - AdmXXXXXXoin.com
Freenode - bdk_kluge
Phone - xxx-xxx-xxxx

If you need any other information, you may reply to this PM or otherwise contact me. I don't want to pay more than 5% MPR, but may be willing to bend.

lmk,
Ben"


This example request clearly tells me why you want the loan, why you haven't tried funding elsewhere, your contact information, information to check your credit rating and reputation, as well as solid authentication of your claimed identity. By providing all this information up-front, it makes the loan much more convenient/attractive for me, it's dramatically quicker to process, is likely to secure you a substantially lower-than-average interest rate, and shows me you've spent a bit of time organizing the information. You may wish to encrypt this information. If a lender does not have a public key on their lending thread, they will often provide one to you if you PM them requesting one.


NOW THAT YOU HAVE READ THE PRECEDING INFORMATION, you may wish to contact the following lenders:
  • Me -- DEFUNCT
  • Patrick -- DEFUNCT
  • HashKing -- DEFUNCT
  • senbonzakura -- Focus: Small, interest-free loans -- Lends in: BTC -- Writes/reads: English, Arabic
  • Znort -- Focus: Short-term loans -- Lends in: BTC, USD? -- Writes/reads: English
  • Burt -- DEFUNCT
  • INAU -- DEFUNCT

ETA: Keep in mind - I'm not saying you can't get a loan while being pseudonymous, but it'll probably be much more difficult if your pseudonym doesn't have a reputation. You obviously don't need to provide anything you're uncomfortable with, and probably should trust your common sense when in doubt. You could provide lenders a lien on your house, and while that may be "most efficient," may not be a wise move. Caveat emptor.


I'll update OP with appropriate suggestions. Cheers,
Ben
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July 05, 2013, 10:59:35 PM
 #20

LOL

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July 05, 2013, 11:05:13 PM
 #21

LOL

Lol indeed, Sir Tomato, indeed, Sir. Though I'm laughing at this post:

Again, where can you buy a solar panel for BTC?

Are you just planning on selling the BTC for fiat?  Why not go to a bank then?
There are many people on Bitcointalk selling Solar panels.
Post a link, along with the CORRECT information for requesting a loan. Please see below:

10/11/12 UPDATE: If you don't feel like reading this, or clunkily dealing with everyone individually, a streamlined process seems to be available. Though I have not used and do not endorse the product -- it may be worth the time of potential lendees to visit https://btcjam.com/

(written for US residents -- necessary documents will vary by country of origin)

Expect at least 2x the "typical" BTC lending rate, and difficulty finding a lender, if you fail to provide the following:
*Government-issued photo ID -- should be valid
*Utility bill proving you live at the address on your ID
*Pay stubs or income tax returns (unnecessary if you provide SSN, address, current employer, and consent to credit check)
*"Proof of Reputation." This is generally OTC-WoT rating information, links to successful transactions on this forum, or from a different third-party source. If you do not have other convincing information, it's essential you have "Proof of Reputation" for any chance of receiving a loan.
*Proof of funds if you intend to "arb" (for example, if you deposit lent funds into a higher-paying program - "Proof of Funds" is generally showing you have enough funds to cover your debts were your deposit in another program not returned. Bank statements, or showing you control a certain amount of BTC by transferring it to one of your addresses, among other forms, are generally acceptable.)

Expect to pay a significantly higher rate than you could otherwise receive if you fail to also provide the following:
*SSN
*Current Address
*Employment information (current and last three with dates of employment)
*Consent to perform a credit check
ETA: You likely do not need to send your actual SSN to a potential lender, but could instead use a service where a company links you to a .pdf file, you sign it and give your SSN to the company. The lender, then, would not see your SSN, just the credit report.

With your credibility and identity established, you may also find it beneficial to provide your lender collateral in the form of physical goods you prove ownership of with a picture which has the current date on it, including you in the picture.

Please also provide your intentions with regards to what you want to do with the loan. For example, if you want to purchase mining hardware, please tell us which hardware.

Example:
"My name is Ben Malec. I am seeking a 50BTC from 8/1/12 to 11/1/12 to assist in the purchase of 3 Jalepeno units from BFL, but I do not wish to deal with the hassle of setting up an account at an exchange. I currently work as an administrative clerk at Community Assistance Programs and Services, LLC at 3131 Earl Drive, Spring Arbor, MI, 49283. This address is also where I currently live. I have been employed there for three years. My annual income is roughly $22,000, though I am not salaried, so this varies by services rendered in the particular year. I have no previous employment history. I receive roughly 25BTC per month from a 10GH/s farm on Eligius. This operation is registered as a sole proprietorship, DBA KMining, registered in Jackson County. You can view my mining stats at http://eligius.st/~artefact2/7/19oxq542VLytWkP6QQt2kGutq1qrxr1s2e. I intend to repay my loan with mining income. In the event that I am unable to repay my loan with mining income, I will purchase BTC with USD, or transfer USD to you directly through Wire or ACH if you'd prefer. I consent to you performing a credit check.

Photo ID:
(img)

Utility Bill:
(img)

Proof of Funds:
(img of bank statement)

SSN:
xxx-xx-xxxx (ETA: Alternately, ask lender to find a company which takes your SSN, sends a .pdf [or link to .pdf on their server you can sign] to your email address you'd digitally sign, authorizing the credit report to be given, and then that company'd provide the lender with only the report, and not the SSN)

OTC rating: http://bitcoin-otc.com/viewratingdetail.php?nick=bdk_kluge&sign=ANY&type=RECV
Signed message available upon request.

Phone references:
xxx-xxx-xxxx Ask for Wilford Brimley. Relationship: Current Employer
xxx-xxx-xxxx Ask for Jon Holmquist. Relationship: Business Associate
xxx-xxx-xxxx Ask for Leonoardo Benetti. Relationship: Life-long Friend

Contact Information:
Skype - bdk_kluge
Email - AdmXXXXXXoin.com
Freenode - bdk_kluge
Phone - xxx-xxx-xxxx

If you need any other information, you may reply to this PM or otherwise contact me. I don't want to pay more than 5% MPR, but may be willing to bend.

lmk,
Ben"


This example request clearly tells me why you want the loan, why you haven't tried funding elsewhere, your contact information, information to check your credit rating and reputation, as well as solid authentication of your claimed identity. By providing all this information up-front, it makes the loan much more convenient/attractive for me, it's dramatically quicker to process, is likely to secure you a substantially lower-than-average interest rate, and shows me you've spent a bit of time organizing the information. You may wish to encrypt this information. If a lender does not have a public key on their lending thread, they will often provide one to you if you PM them requesting one.


NOW THAT YOU HAVE READ THE PRECEDING INFORMATION, you may wish to contact the following lenders:
  • Me -- DEFUNCT
  • Patrick -- DEFUNCT
  • HashKing -- DEFUNCT
  • senbonzakura -- Focus: Small, interest-free loans -- Lends in: BTC -- Writes/reads: English, Arabic
  • Znort -- Focus: Short-term loans -- Lends in: BTC, USD? -- Writes/reads: English
  • Burt -- DEFUNCT
  • INAU -- DEFUNCT

ETA: Keep in mind - I'm not saying you can't get a loan while being pseudonymous, but it'll probably be much more difficult if your pseudonym doesn't have a reputation. You obviously don't need to provide anything you're uncomfortable with, and probably should trust your common sense when in doubt. You could provide lenders a lien on your house, and while that may be "most efficient," may not be a wise move. Caveat emptor.


I'll update OP with appropriate suggestions. Cheers,
Ben

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July 07, 2013, 01:22:59 AM
 #22

nothing about the address on google..
you can not even get there with street view.  sounds like a scam to me
How does not being on street view mean anything? If you check the surrounding area, the street view coverage is spotty too.

What is suspicious is that I can't find ANY solar farms nearby on satellite view. fontera, can you produce the coordinates of where your solar farm is?

It is pitch black. You are likely to be eaten by a grue.

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July 09, 2013, 04:07:49 PM
 #23

We have obtained a 30BTC Loan and purchased 3 Solar panels. We still need 20BTC to buy 2 more solar panels.

30BTC Loan to be paid back on 9/3/2013 (30.5BTC)

Just out of interest, did you get the loan from a forum member?
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July 09, 2013, 04:14:13 PM
 #24

We have obtained a 30BTC Loan and purchased 3 Solar panels. We still need 20BTC to buy 2 more solar panels.

30BTC Loan to be paid back on 9/3/2013 (30.5BTC)

What is the transaction ID of the 30btc?

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July 09, 2013, 05:04:46 PM
 #25

We have obtained a 30BTC Loan and purchased 3 Solar panels. We still need 20BTC to buy 2 more solar panels.

30BTC Loan to be paid back on 9/3/2013 (30.5BTC)

What is the transaction ID of the 30btc?

It's "12345"


BTC: 1AYWtqieXoQZnuT4iEk6MDEXBkdVd5BykN
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July 09, 2013, 09:12:28 PM
 #26

This is pretty funny. I have no idea how you're getting panels so cheap, but this makes no sense. I've run MANY calculations as I live in a very sunny area. Under optimal conditions (8 hours of sunlight a day) it would cost $48k for me to get a setup that will generate 3,000 KW a month (which is $310 where I live). It would take around 12 years to break even.

I have no idea how you would be able to do a repayment within a couple months on a $5k loan, nor how that is supposed to help you somehow manage to generate 90,000 KW a month or more (when you're looking at 48k+ for 3,000 KW a month), but I'm definitely interested in hearing more about it.

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July 09, 2013, 10:11:56 PM
 #27

It's easy.
Get a $5k loan.
Default.
Wear some solar panels to hook up a lady and and enjoy the sun on the beach with her.
Or something.

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I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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July 12, 2013, 01:26:00 AM
 #28

so that's the process for requesting a loan
 Grin

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