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Author Topic: looking for somone to loan me 5 BTC ( i have collateral )  (Read 2114 times)
zackclark70 (OP)
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August 27, 2013, 09:44:53 PM
 #1

Hi I am looking for a 5 BTC loan so I can pay for this deal without selling my LTC > https://bitcointalk.org/index.php?topic=279158.0

As the price of LTC has fallen so much in the last couple of days it makes more sense to borrow 5BTC and use LTC as collateral

This will have to be with a trusted member of the community as I will send 500LTC as collateral

So what I am offering is the full 5BTC back + $25usd worth of BTC after 30 Days


( will probably be less than a week but its always good to play it safe Smiley )  


I know I am not offering much of an interest rate but its not like it will be much of a risk to you as I will be sending double the value as collateral

 

Thanks

zack

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August 27, 2013, 09:53:27 PM
 #2

I don't know if your interested but I am looking for a 5BTC loan for a couple of weeks until the LTC price goes back up I will be happy to use 350 LTC as collateral if need be It can be up to 500LTC I just don't want to swap my LTC to BTC right now due to the exchange rate    

let me know if it is something you are interested in doing  and what interest rate you are after Smiley


( need the 5BTC so I can complete this deal > https://bitcointalk.org/index.php?topic=279158.0 )

thanks

zack

Didn't really give this a careful read. I'll do this if you're interested. 500LTC as collateral. There would be no interest rate, I would return the LTC provided you return the bitcoins within a term we agree on. I have an excess of BTC right now I'm just sorta sitting on so I don't need interest as it is no inconvenience to me.

How long would you need the btc for?



maximum 30 but probably be a week ( price of LTC is low at the min when it ether goes up or the 30days or whatever we agree on ends )

( i have over 3000LTC so i have no problem with paying you back even if the ltc price drops  i also have a lot of altcoins i can sell if needed )

would you mined posting on this thread > https://bitcointalk.org/index.php?topic=282507.msg3021626#msg3021626

Thanks

zack

^ As discussed in PM, I'm willing to do the above deal. I would hold 500LTC as collateral until zack has paid back the bitcoins. Interest charged = 0%

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zackclark70 (OP)
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August 27, 2013, 10:00:24 PM
 #3

I don't know if your interested but I am looking for a 5BTC loan for a couple of weeks until the LTC price goes back up I will be happy to use 350 LTC as collateral if need be It can be up to 500LTC I just don't want to swap my LTC to BTC right now due to the exchange rate    

let me know if it is something you are interested in doing  and what interest rate you are after Smiley


( need the 5BTC so I can complete this deal > https://bitcointalk.org/index.php?topic=279158.0 )

thanks

zack

Didn't really give this a careful read. I'll do this if you're interested. 500LTC as collateral. There would be no interest rate, I would return the LTC provided you return the bitcoins within a term we agree on. I have an excess of BTC right now I'm just sorta sitting on so I don't need interest as it is no inconvenience to me.

How long would you need the btc for?



maximum 30 but probably be a week ( price of LTC is low at the min when it ether goes up or the 30days or whatever we agree on ends )

( i have over 3000LTC so i have no problem with paying you back even if the ltc price drops  i also have a lot of altcoins i can sell if needed )

would you mined posting on this thread > https://bitcointalk.org/index.php?topic=282507.msg3021626#msg3021626

Thanks

zack

^ As discussed in PM, I'm willing to do the above deal. I would hold 500LTC as collateral until zack has paid back the bitcoins. Interest charged = 0%

quoting for the record Smiley

I accept your offer Smiley

Can I please have an LTC address to send the 500LTC to and I will get the address from john k so the BTC can be sent straight to him Smiley

( could be 24h before he replies )

Thanks

zack

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August 27, 2013, 10:01:52 PM
 #4

Waiting for litecoin-qt to finish downloading transaction history, I'll post address here when complete.


EDIT: Taking a while, will keep you updated.

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August 27, 2013, 10:06:06 PM
 #5

Waiting for litecoin-qt to finish downloading transaction history, I'll post address here when complete.

thanks Smiley

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August 27, 2013, 10:15:25 PM
 #6

This is how you request a loan, people. Grats on finding a lender so quickly.

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August 28, 2013, 02:16:34 AM
 #7

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

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zackclark70 (OP)
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August 28, 2013, 02:55:21 AM
 #8

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 28/08/2013 03:54
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -1.00 LTC
Transaction fee: -0.002 LTC
Net amount: -1.002 LTC
Transaction ID: b7021f8b6e3a75d8bbcacba0b36893f53c4cace6c7163b9eae9360e9eb859ce8

Stunna
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August 28, 2013, 02:58:49 AM
 #9

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 28/08/2013 03:54
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -1.00 LTC
Transaction fee: -0.002 LTC
Net amount: -1.002 LTC
Transaction ID: b7021f8b6e3a75d8bbcacba0b36893f53c4cace6c7163b9eae9360e9eb859ce8

Received 1LTC. Feel free to send the remainder anytime between now and when you receive your escrow address from John K.

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zackclark70 (OP)
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August 28, 2013, 03:02:34 AM
 #10

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 28/08/2013 03:54
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -1.00 LTC
Transaction fee: -0.002 LTC
Net amount: -1.002 LTC
Transaction ID: b7021f8b6e3a75d8bbcacba0b36893f53c4cace6c7163b9eae9360e9eb859ce8

Received 1LTC. Feel free to send the remainder anytime between now and when you receive your escrow address from John K.

I have sent the other 499LTC I added 0.1LTC to cover the 500LTC return fee and you can keep the tiny amount that will be left over on the return Smiley

Status: 0/unconfirmed, broadcast through 6 nodes
Date: 28/08/2013 03:59
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -499.10 LTC
Transaction fee: -0.002 LTC
Net amount: -499.102 LTC
Transaction ID: 5de7108547850b72b93c8944b97429747d776ffc643089f38e36e530fcab287b


I will let you know as soon as I get the escrow address Smiley

Thanks

zack

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August 28, 2013, 03:08:27 AM
 #11

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 28/08/2013 03:54
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -1.00 LTC
Transaction fee: -0.002 LTC
Net amount: -1.002 LTC
Transaction ID: b7021f8b6e3a75d8bbcacba0b36893f53c4cace6c7163b9eae9360e9eb859ce8

Received 1LTC. Feel free to send the remainder anytime between now and when you receive your escrow address from John K.

I have sent the other 499LTC I added 0.1LTC to cover the 500LTC return fee and you can keep the tiny amount that will be left over on the return Smiley

Status: 0/unconfirmed, broadcast through 6 nodes
Date: 28/08/2013 03:59
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -499.10 LTC
Transaction fee: -0.002 LTC
Net amount: -499.102 LTC
Transaction ID: 5de7108547850b72b93c8944b97429747d776ffc643089f38e36e530fcab287b


I will let you know as soon as I get the escrow address Smiley

Thanks

zack

Sounds good, confirming I've received all 500LTC.

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zackclark70 (OP)
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August 28, 2013, 03:14:53 AM
 #12

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

Code:
LebbyPieoZbatAo4zutPoQ7amrHj8vccYy


Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 28/08/2013 03:54
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -1.00 LTC
Transaction fee: -0.002 LTC
Net amount: -1.002 LTC
Transaction ID: b7021f8b6e3a75d8bbcacba0b36893f53c4cace6c7163b9eae9360e9eb859ce8

Received 1LTC. Feel free to send the remainder anytime between now and when you receive your escrow address from John K.

I have sent the other 499LTC I added 0.1LTC to cover the 500LTC return fee and you can keep the tiny amount that will be left over on the return Smiley

Status: 0/unconfirmed, broadcast through 6 nodes
Date: 28/08/2013 03:59
To: LebbyPieoZbatAo4zutPoQ7amrHj8vccYy
Debit: -499.10 LTC
Transaction fee: -0.002 LTC
Net amount: -499.102 LTC
Transaction ID: 5de7108547850b72b93c8944b97429747d776ffc643089f38e36e530fcab287b


I will let you know as soon as I get the escrow address Smiley

Thanks

zack

Sounds good, confirming I've received all 500LTC.

just quoting for the record Smiley

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August 28, 2013, 03:03:55 PM
 #13

This is how you request a loan, people. Grats on finding a lender so quickly.

Yup! simple, quick and secure for both parties.


My first litecoin address, and it has "pie" in it!

LebbyPieoZbatAo4zutPoQ7amrHj8vccYy

Please send 1LTC here first to test if it works. I'll confirm if I recieve and then have you send the remainder

hahaha awesome Litecoin address Cheesy

Now if only more people had collateral when asking for large loans... then there would be less stupid in the Lending section.
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August 29, 2013, 02:27:14 PM
 #14

I am the person that Zack is borrowing the BTC to pay. He has given me authorisation to post here. Smiley

We were planning on using John K escrow services for the transaction but he is unavailable at the moment. After seeing his efforts to acquire a loan and general communications I feel I can trust Zack.

I am therefore not going to use escrow for this transaction.

Zack will give me his address and I will place an order. When it has arrived with him the 5BTC should be sent to me.

Look forward to a smooth successful transaction
zackclark70 (OP)
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August 29, 2013, 02:36:32 PM
 #15

I am the person that Zack is borrowing the BTC to pay. He has given me authorisation to post here. Smiley

We were planning on using John K escrow services for the transaction but he is unavailable at the moment. After seeing his efforts to acquire a loan and general communications I feel I can trust Zack.

I am therefore not going to use escrow for this transaction.

Zack will give me his address and I will place an order. When it has arrived with him the 5BTC should be sent to me.

Look forward to a smooth successful transaction

Thanks for posting that here I will ask stunner to send to you as soon as I receive the bike parts ( they are tracked so you will know when they get to me then expect me to post on here less than 20 mins after that Smiley

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August 29, 2013, 02:41:07 PM
 #16

Everything has been ordered. Cheesy
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August 29, 2013, 11:30:20 PM
 #17

Everything has been ordered. Cheesy


thanks Smiley I didn't see the this post until now Smiley do you have the tracking number ?

Thanks

zack

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September 03, 2013, 12:55:33 PM
 #18

The bike parts have arrived Smiley steelboy can you post your BTC address so the BTC can be sent to you


Thanks

zack

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September 03, 2013, 08:42:11 PM
 #19

The bike parts have arrived Smiley steelboy can you post your BTC address so the BTC can be sent to you


Thanks

zack

Ready to send, just waiting on address from steel and confirmation from zack.

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September 03, 2013, 09:11:44 PM
 #20

The bike parts have arrived Smiley steelboy can you post your BTC address so the BTC can be sent to you


Thanks

zack

Ready to send, just waiting on address from steel and confirmation from zack.

still waiting on the address i will let you know as soon as i know it Smiley

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