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Author Topic: Need 1 BTC loan until end of year  (Read 966 times)
cooldgamer (OP)
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August 22, 2013, 10:49:46 PM
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Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

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Kouye
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August 22, 2013, 11:24:20 PM
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Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

Give details about the collateral, shipping might not be an issue if your neighbour reads this.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
cooldgamer (OP)
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August 22, 2013, 11:29:16 PM
 #3

I've got a Numark Mixtrack and a Razer Deathstalker (not the one with the touchscreen), both are in great working condition and could more then make up for the cost of the loan sold on Ebay.  I'd really rather not have to send the keyboard, though, because then I'd have to go back to gaming on the one that came with the computer.

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August 22, 2013, 11:41:19 PM
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I've got a Numark Mixtrack and a Razer Deathstalker (not the one with the touchscreen), both are in great working condition and could more then make up for the cost of the loan sold on Ebay.  I'd really rather not have to send the keyboard, though, because then I'd have to go back to gaming on the one that came with the computer.

Nice, you forgot to give the address, in case people nearby could just collect the mixtrack and keyboard before covering the loan, without any mailing fee.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
cooldgamer (OP)
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August 22, 2013, 11:53:51 PM
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I'm in Holly Springs, NC.  You can PM for address if you're close, but I'd rather not post that here for all to see.

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August 22, 2013, 11:55:48 PM
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I'm in Holly Springs, NC.  You can PM for address if you're close, but I'd rather not post that here for all to see.

Unfortunately, that's a bit too far for me, sorry (france here). But you might get lucky, and I wish you so!

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
cooldgamer (OP)
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August 23, 2013, 07:37:19 AM
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Bump

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August 23, 2013, 08:15:29 PM
 #8

Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

Have you thought this through? Have you calculated how much you will mine at this difficulty level with a 5850? Me thinks not.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

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cooldgamer (OP)
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August 23, 2013, 08:22:28 PM
 #9

Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

Have you thought this through? Have you calculated how much you will mine at this difficulty level with a 5850? Me thinks not.

I did calculate how much I would be making, and that's why I said part of it would be paid back out of pocket.  I know for a fact that I'll be getting some spare money around Christmas, and worst comes to worst I can resell the equipment.

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August 23, 2013, 08:23:18 PM
 #10

you cant make 100 bucks in the real world? thats not good man.
cooldgamer (OP)
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August 23, 2013, 08:27:32 PM
 #11

you cant make 100 bucks in the real world? thats not good man.

I've seen people asking for a lot smaller loans on here..

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August 23, 2013, 08:29:26 PM
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you cant make 100 bucks in the real world? thats not good man.

You took a loan out for 10 bucks...

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
KWH
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August 23, 2013, 08:29:52 PM
 #13

Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

Have you thought this through? Have you calculated how much you will mine at this difficulty level with a 5850? Me thinks not.

I did calculate how much I would be making, and that's why I said part of it would be paid back out of pocket.  I know for a fact that I'll be getting some spare money around Christmas, and worst comes to worst I can resell the equipment.


Less than $1 USD per day before any costs.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
ASIC-K
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August 23, 2013, 08:31:19 PM
 #14

you cant make 100 bucks in the real world? thats not good man.

You took a loan out for 10 bucks...

yeah but i repayed it the next day just for trust sake. wtf would i do with 10 bucks?

also, i have a job... lol
cooldgamer (OP)
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August 23, 2013, 08:35:35 PM
 #15

Looking for a single Bitcoin loan to get myself started with GPU mining (Litecoins).  Going to be buying a used HD 5850 and a power supply with the money, I already have the computer.  Rate is negotiable, and I do have some physical collateral if you want, but shipping both ways would be pretty expensive, so we can work that out.  Loan will be repaid on or before January 1st, 2014.  Planning to repay with the coins mined, plus some out of pocket money.  I know it's a long time for such a small loan, but I'll be sure to make up for it with a reasonable interest rate.  PM for more info.

Have you thought this through? Have you calculated how much you will mine at this difficulty level with a 5850? Me thinks not.

I did calculate how much I would be making, and that's why I said part of it would be paid back out of pocket.  I know for a fact that I'll be getting some spare money around Christmas, and worst comes to worst I can resell the equipment.


Less than $1 USD per day before any costs.
I have pretty cheap electricity, and most of the money is going to be coming out of pocket.  I just don't want to lose the coins I could have mined between now and the end of the year by waiting.

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August 23, 2013, 08:50:03 PM
 #16

Start mining with your existing gaming rig.  Earning it will be better than high risk borrowing.  You won't like the interest.

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
cooldgamer (OP)
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August 23, 2013, 08:54:18 PM
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Start mining with your existing gaming rig.  Earning it will be better than high risk borrowing.  You won't like the interest.
I would, if I knew about Bitcoins back then and didn't get a Nvidia card  Sad

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August 23, 2013, 09:08:49 PM
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I believe you can still Nvidia GPU mine litecoin.

http://litecoin.info/Mining_Hardware_Comparison


Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
cooldgamer (OP)
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August 23, 2013, 09:11:14 PM
 #19

I believe you can still Nvidia GPU mine litecoin.

http://litecoin.info/Mining_Hardware_Comparison


I'm on a GT 520, so I don't think the 20 kh/s would be worth the strain it would put on the card.

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