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Author Topic: .06 Loan With Collateral  (Read 589 times)
cooldgamer
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November 01, 2013, 02:40:12 PM
 #1

Looking for a .06 coin loan for a week, to be repaid at .07BTC.  As to what it's for, mainly just bidding on Bitmit and a little bit of day trading.  I have a $20 gamestop gift card code that I can use as collateral that was bought off Bitmit, so it's not linked to me in any way, couldn't try a chargeback or anything if I tried.  Could provide proof that this card was purchased like this, if requested.

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monbux
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November 01, 2013, 08:02:06 PM
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I can do this loan, but I will need to hold onto that gamestop giftcard.
I'd prefer another type of alt-coin, or share holdings, do you have that?

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November 01, 2013, 08:10:20 PM
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Don't have any altcoins, but holding on to the code would be fine.  About to PM you with a contract.

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November 01, 2013, 08:53:00 PM
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Nothing to stop the OP from using the code after he receives the bitcoins.  The only way to prevent that is to use the code before you send the bitcoins, but then you are basically selling coins instead of loaning them.

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cooldgamer
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November 01, 2013, 08:59:11 PM
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Nothing to stop the OP from using the code after he receives the bitcoins.  The only way to prevent that is to use the code before you send the bitcoins, but then you are basically selling coins instead of loaning them.
True, which is why I offered to let him convert it into Microsoft Points via their website, and send me the code for those upon repayment.  This way, I can't reverse it, and he still has something that can easily be resold.

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November 01, 2013, 09:02:08 PM
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Nothing to stop the OP from using the code after he receives the bitcoins.  The only way to prevent that is to use the code before you send the bitcoins, but then you are basically selling coins instead of loaning them.
True, which is why I offered to let him convert it into Microsoft Points via their website, and send me the code for those upon repayment.  This way, I can't reverse it, and he still has something that can easily be resold.

Cool beans!   Smiley

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monbux
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November 01, 2013, 09:29:45 PM
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Nothing to stop the OP from using the code after he receives the bitcoins.  The only way to prevent that is to use the code before you send the bitcoins, but then you are basically selling coins instead of loaning them.
True, which is why I offered to let him convert it into Microsoft Points via their website, and send me the code for those upon repayment.  This way, I can't reverse it, and he still has something that can easily be resold.

Cool beans!   Smiley

And I am trying to do that now, except for gamestop being a bitch..

-I must be in USA to get a digital item
-I must enter all my billing info, name, and credit card info even though the purchase is online and free with the gamestop gift card.

Trollers gunna troll.

cooldgamer
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November 01, 2013, 09:46:15 PM
 #8

Nothing to stop the OP from using the code after he receives the bitcoins.  The only way to prevent that is to use the code before you send the bitcoins, but then you are basically selling coins instead of loaning them.
True, which is why I offered to let him convert it into Microsoft Points via their website, and send me the code for those upon repayment.  This way, I can't reverse it, and he still has something that can easily be resold.

Cool beans!   Smiley

And I am trying to do that now, except for gamestop being a bitch..

-I must be in USA to get a digital item
-I must enter all my billing info, name, and credit card info even though the purchase is online and free with the gamestop gift card.

Trollers gunna troll.
Really questioning the legality of requiring CC info for a purchase using a gift card, forcing customers to d0x themselves for no good reason doesn't seem like the kinda thing that's allowed...

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