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Author Topic: Help me please...  (Read 1547 times)
bitcoin44me (OP)
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July 08, 2013, 01:43:17 PM
 #1

I took a loan ($500) yesterday, and I need to give it back by the end of July...
But I bought 6.329 btc and now the price is going down!!!!


HELP!

lucas.sev
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July 08, 2013, 01:44:18 PM
 #2

sell your kidney
Peter Lambert
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July 08, 2013, 01:56:53 PM
 #3

I took a loan ($500) yesterday, and I need to give it back by the end of July...
But I bought 6.329 btc and now the price is going down!!!!


HELP!

You are doing it wrong. Right now the price is trending downward, so you should be borrowing bitcoins and selling them for dollars, then at the end of the month you buy back your bitcoins and keep the difference.

Or you can go out and do some work and earn money to pay back your loan. How were you planning to pay back the loan when you took it out?

Go invest your money at BTCT.co, if you are smart you might be able to beat the downward rate of btc/usd and have money left after you pay back your loan. But if you are unlucky/bad investor you could end up with nothing.

Or if you are feeling really lucky, you can head over to bitbet (see the link in my sig) and put all your bitcoins down on some bets.

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bitman442
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July 08, 2013, 01:58:46 PM
 #4

sell your kidney

Don't be ridiculous. Have you considered prostitution? Seriously though, you should never invest more than you can afford to lose. If it absolutely has to be paid back now the best thing I'd recommend is taking out a payday advance. If it were me I'd hang onto the BTC because I think it will go back up sooner rather than later, but that is only if you can afford to keep that money tied up indefinitely.
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July 08, 2013, 02:22:39 PM
 #5

Do prostitution + remove kidney same time. Done this many times, always works when you need cash fast.  Cool
Peter Lambert
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July 08, 2013, 02:30:38 PM
 #6

Do prostitution + remove kidney same time. Done this many times, always works when you need cash fast.  Cool

Prostitution and taking the John's kidney? Seems more repeatable than selling your own kidneys.

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July 08, 2013, 03:23:38 PM
 #7

I took a loan ($500) yesterday, and I need to give it back by the end of July...
But I bought 6.329 btc and now the price is going down!!!!


HELP!

You bought them yesterday... at what price? Price was at or lower than what it is today. So sell them today. If you bought at $70, they are now $75. You made a few bucks. Pay your loan back and get out of bitcoin.

I've got a high of 80 at mtgox, low of 68, and current at 75. Worst case scenario you could be out $31.

I know you're just trolling, but still, come up with a better story, like you bought them for $90 and sold them at $68. That's stupid, but at least you would have a real loss.


Do prostitution + remove kidney same time. Done this many times, always works when you need cash fast.  Cool

Prostitution and taking the John's kidney? Seems more repeatable than selling your own kidneys.

That does indeed seem much more repeatable. If you are removing your own kidney you probably can't do that more than once. And I don't know about you, but I'd want someone helping me remove a kidney. I don't think I would be able to remove my own.

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July 08, 2013, 04:54:39 PM
 #8

I took a loan ($500) yesterday, and I need to give it back by the end of July...
But I bought 6.329 btc and now the price is going down!!!!


HELP!

I hope it wasn't a payday loan....
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July 08, 2013, 04:58:52 PM
 #9

And I don't know about you, but I'd want someone helping me remove a kidney. I don't think I would be able to remove my own.

It's a question of training. It's much easier after your first one.
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July 08, 2013, 05:23:42 PM
 #10

Bad idea to get a loan to use it to speculate   Shocked

wtfvanity
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July 08, 2013, 05:40:08 PM
 #11

And I don't know about you, but I'd want someone helping me remove a kidney. I don't think I would be able to remove my own.

It's a question of training. It's much easier after your first one.

Well... I'll give it a shot and let you know how it goes after the second one.

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bitcoin44me (OP)
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July 08, 2013, 06:12:33 PM
 #12

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad

bitman442
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July 08, 2013, 07:00:49 PM
 #13

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad


Did you borrow money from the mob? If so, you need to check into rehab for gambling.
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July 08, 2013, 09:19:15 PM
 #14

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad


Your coins are currently worth $487...

If you are getting charged $100 a month interest for a $500 loan, well, you're an idiot. 350% APR?

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July 08, 2013, 09:29:40 PM
 #15

Lol like anyone would actually send you 6 bitcoins
bitcoin44me (OP)
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July 09, 2013, 09:54:23 AM
 #16

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad


Your coins are currently worth $487...

If you are getting charged $100 a month interest for a $500 loan, well, you're an idiot. 350% APR?


I had a $50 debt, and I need to send $550 at the end of the month (+10%).

bitcoin44me (OP)
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July 09, 2013, 09:54:53 AM
 #17

Lol like anyone would actually send you 6 bitcoins

I don't ask anyone to send me 6 bitcoins, do I?

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July 09, 2013, 01:43:43 PM
 #18

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad


Your coins are currently worth $487...

If you are getting charged $100 a month interest for a $500 loan, well, you're an idiot. 350% APR?


I had a $50 debt, and I need to send $550 at the end of the month (+10%).

lol. Let me loan you money. You don't understand anything about APR. $50 for one month is not 10% APR, it's almost 200%.

Sell your xbox or PS3 and what coins you have, you'll be fine.

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July 09, 2013, 02:00:01 PM
 #19

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July 09, 2013, 02:04:32 PM
 #20

I need to sell those 6.329 btc for more than 600 usd by the end of the month or I will die Sad


Why die ?

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