Investment Oppurtunity - Read Carefully, Please.

[Fishbones78]

Hi.
Please ensure you read this carefully, if you're going to bother.

As you may be aware, Sweeet's Investment service recently collapsed. I had a large stake in this, and I kind of need it back. Not need, but could really, really do with it back. I wasn't actually due to be paid until the 21st of December, so I would have requested my return early from them if this hadn't happened.

Short and sweet (no pun intended), I would like a loan that I won't pay it back. Sweeet will pay you, instead of me. This is a little far fetched and I certainly understand this is really pushing it. I paid Sweeet 0.06, which is due to be returned to me at some unknown point. Sweet currently has 0.07 to repay investors and is working on it as we speak, but I would rather not wait, to put it vaguely. I 99% trust Sweet, but it doesn't mean you can. Because of this, you need to consider Sweet's trust ability, not mine. You're not really lending to me, in a sense.

Why don't I just tell Sweet I want my 0.06 now?
Because that's what everyone wants, and what everyone can't get at the moment.

This is ridiculous, lock the thread.
Yes, I know, but someone may have dealt with Sweeet previously or just have the faith.

What will I earn?
To get the repayment of my 0.06 stake directly from Sweeet, I ask to be paid 0.053. This is negotiable but I can't budge much, I'm already losing 0.013.

How/will I be repaid?
This is the really important part. Will you be repaid? I think so, yes. But also yes, this is a big risk to take. A non-bias analysis of the current situation says that Sweeet will be repaying because he would have gone by now, but everyone has an opinion. You can expect to wait a few months, too.

I'm happy to negotiate in PM, but any final deal will need to be in this thread.

This is crazy I know, but I'm in a small pickle
I treasure my profile a lot, so if I'm just going to be hammered with negative feedback I'd much rather delete the thread and wait a while. I genuinely cannot predict how this is going to come across to you forum members, but I hope it sounds okay.

Ask anything you have to ask.

[Vod]

Sweet may never pay her loans back - she is just a child.

Anyone who lends to you may never get their coin back from her.   

[Fishbones78]

Sweet may never pay her loans back - she is just a child.

Anyone who lends to you may never get their coin back from her.  

Yes, of course. This is why I've mentioned a few times that this is risky. Like I said, I personally trust I will get it back if I wait it out, I'm just not prepared to in my current situation.
The lender really needs to assess this for themselves. This is a risk like anything, but this is a complicated and needs looking at properly before any transactions are made. All I can say is that I have read that this has happened with Sweet before and they did pay their debts, but it was on a smaller scale.

I would be surprised if someone did fulfill this Vod  

[Fishbones78]

UPDATE: Sweet has consented to me making this deal
UPDATE: Sweet has posted about progress on repayments. Again, take it with a pinch of salt as always. https://bitcointalk.org/index.php?topic=1695356.msg25999131#msg25999131

[magneto]

Basically this is refinancing sweeet's loan, correct? I don't think you'll get negative trust for this since you're the victim here.

The thing is that someone has to be willing to take on a huge risk for a measly 0.007 BTC return. I would not personally take this. Even the most trusted exchanges such as bitfinex and btc-e had issued IOU tokens traded for way less than $0.8 on the dollar. Plus you'd have to wait for an unspecified amount of time, something that people do not like.

For that reason if you want any chance of even getting any offers, lower your rates.

[ThatRandom8543]

The problem here is that youre asking for a loan for an investment that you may or may not get, or the lender may only get a fraction of whatever is owed. This is risky and honestly you took the risk when you invested into sweet. Any investment has its risk (and anyone saying its risk-free is full of themselves). I've dealt with sweet before and he came out fine in the end for me, however as bitcoin does rise at a very fast rate, it can cause some unexpected things to happen, not just with the coin itself but how other companies have to deal with users who deal with cryptocurrency, especially if youre using external accounts (eg bank accounts, paypal, etc).

I would honestly suggest waiting it out because I do not see any lender giving you a loan, especially for a small return for such a big risk. Lower the amount you are asking and someone might take you up on it, but dont count on it.

Good luck!

[timerland]

-snip-

Agreed. My advice would also be just waiting it out since the rewards for the lender is simply way too small for a big risk as both you and magneto pointed out. Even though you have every right to be doing this, and you've listed all the risks, i doubt anyone will be able to fill this investment/loan for you.

Even if Sweeet is legit there are factors out of his control that may affect his ability to repay.

But if you just decide to leave the thread up to see if there are any potential suitors, then go ahead. It doesn't bother me

[Fishbones78]

BUMP
Money is tight right now with christmas and I've got a nice shiny PC to build. Ill take 0.049, currently around a $180 profit for the loaner.
Thanks.

[condoras]

BUMP
Money is tight right now with christmas and I've got a nice shiny PC to build. Ill take 0.049, currently around a $180 profit for the loaner.
Thanks.

Sorry to ask these questions but i get a bit lost here.

1-You get the 0.53BTC that you ask or not?
2-If you get them, how your Lender will profit 180$?
3-If you don't get them, same question as above. How your Lender will profit 180$?

[Fishbones78]

BUMP
Money is tight right now with christmas and I've got a nice shiny PC to build. Ill take 0.049, currently around a $180 profit for the loaner.
Thanks.

Sorry to ask these questions but i get a bit lost here.

1-You get the 0.53BTC that you ask or not?
2-If you get them, how your Lender will profit 180$?
3-If you don't get them, same question as above. How your Lender will profit 180$?

Short and sweet:
• The lender gives me 0.05
• If and when Sweet repays, which I genuinely believe is looking promising, they will pay it straigt to the person that gave me 0.05.

I can haggle because I need the money, but im not sure if it can be a lot.

[Fishbones78]

Bump.

[Fishbones78]

Will take 0.046.

[eddie13]

Isn't sweeet's debt pegged in USD?

Hi Sweet
In response to your message, I would like my layout in BTC as USD is not my native currency. No rush, but do you have any idea of when I will be receiving my funds back? I'm on edge a little haha.
Thanks for keeping us updated.

Well its not like I'd be repaying you in USD just in BTC but the value of the Bitcoin is calculated from the USD value of bitcoin from the time of your transaction. So I would be repaying you in BTC but you would receive the same amount of USD value instead of BTC value. As of time of repayment I have no clue I am first repaying drunkenone then Taras then you.

How can you state the repayment amount from sweeet in terms of BTC....

I paid Sweeet 0.06, which is due to be returned to me at some unknown point.

Why don't I just tell Sweet I want my 0.06 now?
Because that's what everyone wants, and what everyone can't get at the moment.

What will I earn?
To get the repayment of my 0.06 stake directly from Sweeet, I ask to be paid 0.053. This is negotiable

If BTC could double tomorrow and then only be repaid half of the .6 BTC pegged to USD, or crash X4 tomorow and be repaid 4X in btc??

And..

If you agree to lock your BTC to the USD value at the time it was sent which is: $5341

Is that .06 BTC pegged at $5341 or is that $19,500 BTC?

Hmm..

If that .06 BTC is pegged at $5300 and now we are at $19,500 that's like ... 0.0163 BTC now for full repayment..

This MUST not be the case if you are stating a projected profit of $180 from buying this debt note at 0.05BTC

[Fishbones78]

Isn't sweeet's debt pegged in USD?

Hi Sweet
In response to your message, I would like my layout in BTC as USD is not my native currency. No rush, but do you have any idea of when I will be receiving my funds back? I'm on edge a little haha.
Thanks for keeping us updated.

Well its not like I'd be repaying you in USD just in BTC but the value of the Bitcoin is calculated from the USD value of bitcoin from the time of your transaction. So I would be repaying you in BTC but you would receive the same amount of USD value instead of BTC value. As of time of repayment I have no clue I am first repaying drunkenone then Taras then you.

How can you state the repayment amount from sweeet in terms of BTC....

I paid Sweeet 0.06, which is due to be returned to me at some unknown point.

Why don't I just tell Sweet I want my 0.06 now?
Because that's what everyone wants, and what everyone can't get at the moment.

What will I earn?
To get the repayment of my 0.06 stake directly from Sweeet, I ask to be paid 0.053. This is negotiable

If BTC could double tomorrow and then only be repaid half of the .6 BTC pegged to USD, or crash X4 tomorow and be repaid 4X in btc??

And..

If you agree to lock your BTC to the USD value at the time it was sent which is: $5341

Is that .06 BTC pegged at $5341 or is that $19,500 BTC?

Hmm..

If that .06 BTC is pegged at $5300 and now we are at $19,500 that's like ... 0.0163 BTC now for full repayment..

This MUST not be the case if you are stating a projected profit of $180 from buying this debt note at 0.05BTC

Hi
My btc with Sweeet is not locked in usd. I am owed 0.06. Now I have asked for 0.046, that leaves 0.014 (~270 USD). If my repayment amount is in BTC, why would I be paid 0.12 if the value halved? 0.06, that is all.

[warden]

0.014 BTC is not a bad return in my opinion... but that's if Sweet was able to pay back the bitcoins ! Hmmmm i may consider this drop me a pm with your bitcoin address along with sweet confirmation

[Fishbones78]

0.014 BTC is not a bad return in my opinion... but that's if Sweet was able to pay back the bitcoins ! Hmmmm i may consider this drop me a pm with your bitcoin address along with sweet confirmation

Will do when Im home from work in a few hours. Ill ask Sweet to message you to confirm.
Thanks

[eddie13]

Hi
My btc with Sweeet is not locked in usd. I am owed 0.06. Now I have asked for 0.046, that leaves 0.014 (~270 USD). If my repayment amount is in BTC, why would I be paid 0.12 if the value halved? 0.06, that is all.

Verified..
I will further consider your offer when I have free time to do so..

[Fishbones78]

Bump. Still waiting for a deal.

[Bitlend]

Bump. Still waiting for a deal.

Do you have any talents?
What I mean is... can you build a website, create a token? create a wallet? develop anything crypto related?

Perhaps offering some kind of service in lieu of upfront payment to you may help a) get funds now and b) keep your account in tact and c) lender gets some work done.

 

[timerland]

Bump. Still waiting for a deal.

Do you have any talents?
What I mean is... can you build a website, create a token? create a wallet? develop anything crypto related?

Perhaps offering some kind of service in lieu of upfront payment to you may help a) get funds now and b) keep your account in tact and c) lender gets some work done.

 

Did you even bother reading the thread? He wants someone to refinance sweeet's outstanding loan with him, it has nothing to do with him offering services for money or whatever and if he was that desperate for money he would definitely have tried that as well.

So the investor of this loan essentially takes on the risk that Sweeet will default but also gets the reward if he repays.

Your suggestion also means that it's not even a loan. It's just offering a service...