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Author Topic: Need a $1000 Loan!?  (Read 1931 times)
Trini8ed (OP)
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August 11, 2011, 03:46:04 AM
Last edit: August 13, 2011, 03:58:05 AM by Trini8ed
 #1

So I need a loan of I 1000$ I have some rep here for my mining cases and my sold 5870 as well as my ebay rep I want to buy mining hardware and need this loan I would pay you back 400$ a month for 2 months then on the 3rd month pay you 550$ You would get a 350$ profit from doing this with me I will be buying mining hardware and If I don't make the loan I will sell the hardware and pay you back I also have a job so it won't be hard to pay you back if mining becomes to hard and unprofitable.

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kookiekrak
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August 11, 2011, 03:55:44 AM
 #2

you'd probably have better luck if you did smaller batches

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August 11, 2011, 04:02:03 AM
 #3

Bump for a 350 Profit!

If I had it, I'd help you out.
TiagoTiago
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August 11, 2011, 04:28:23 AM
 #4

Why would anyone in their right mind loan BTC to get paid back in predefined USD values? Might as well just give the money away...

(I dont always get new reply notifications, pls send a pm when you think it has happened)

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August 11, 2011, 04:29:50 AM
 #5

Why would anyone in their right mind loan BTC to get paid back in predefined USD values? Might as well just give the money away...

People have. If you are going to lock in a price in btc, you are betting on the value going up. If you are going to lock in a price in USD, you are betting on the value going down. Thats who.

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Trini8ed (OP)
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August 11, 2011, 04:57:19 AM
Last edit: August 11, 2011, 05:26:44 AM by Trini8ed
 #6

Why would anyone in their right mind loan BTC to get paid back in predefined USD values? Might as well just give the money away...

People have. If you are going to lock in a price in btc, you are betting on the value going up. If you are going to lock in a price in USD, you are betting on the value going down. Thats who.

Actually let me change the description so I only want a 1000$ loan. Didn't mean to put btc or whatever lol

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Trini8ed (OP)
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August 12, 2011, 03:53:43 PM
 #7

Bump

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ruski
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August 12, 2011, 08:46:47 PM
 #8

Have you considered.. an actual bank?

Dansker
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August 12, 2011, 09:20:32 PM
 #9

If what OP wants to do with the cash works, it makes no sense to loan the cash.

If it doesn't work, you won't get your money back...

HuhHuh?

Trini8ed (OP)
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August 13, 2011, 03:57:27 AM
 #10

If what OP wants to do with the cash works, it makes no sense to loan the cash.

If it doesn't work, you won't get your money back...

HuhHuh?

If it doesn't work I woudl sell my hardware I bought and would pay you back if you don't trust me that's fine but there is also charge backs since I'm doing it with money.

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August 13, 2011, 07:01:33 AM
 #11

You do realize the hardware would drop in value the instant you purchase it, right?

Trini8ed (OP)
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August 14, 2011, 12:59:23 AM
 #12

You do realize the hardware would drop in value the instant you purchase it, right?

Yes It will but it will not drop to much id say for 300-500$ less I do have a job and the market would not fall just in 1 day It would take a long time and buy that time I will already have made the 500$ needed to pay back in full if bitcoins do crash.

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Trini8ed (OP)
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August 26, 2011, 08:08:41 AM
 #13

Bump

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August 26, 2011, 08:20:57 AM
 #14

Bump
ill give you the money only if you give me 30% share for 5 years negotiable?
indio007
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August 26, 2011, 09:14:10 AM
 #15

Have you ever thought of www.Kiva.org? They do microloans like the one you want.
Trini8ed (OP)
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August 31, 2011, 01:15:39 AM
 #16

Bump
ill give you the money only if you give me 30% share for 5 years negotiable?

I don't want to be in anything in the long run I just want a loan to be paid back with a medium intrest rate

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