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Author Topic: Seeking 1BTC Loan: 2-4 Week Term; 10%+ Interest on Repayment  (Read 2454 times)
GBattaglia (OP)
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January 26, 2014, 03:22:28 PM
Last edit: February 12, 2014, 12:15:36 AM by GBattaglia
 #1

Update for Archival Purposes:

LTC Loan
Lender:  ClutchThese
Date: 1/27/2014
Amount: 6.00 LTC
Repaid in the amount of 7.03LTC on January 31st.

BTC Loan
Lender:  Whirlpool
Date:  1/28/2014
Amount:  1BTC
Repaid in the amount of 1.1BTC on February 11th


Original Post:
Hello.  A good number of you may be familiar with me as a lender on these forums for the past few months, but this time around I am looking to acquire a loan.  I am looking to further expand my Scrypt mining operations and the additional funds will make this expansion much easier.  I currently own 8MH/s in equipment and have been mining Scrypt for roughly a year now.

Because of the large amount of mining equipment, you can rest assured the loan will be repaid in a timely manner.  I am anticipating two weeks till repayment, but would like 4 weeks just incase bank transfers or similar get delayed.  

I can supply receipts for all purchases as well if you feel that would add greater credibility/insurance to what the loan is being used for.
Repayment would be of 1.1BTC regardless if loan is paid back early.  I have attached a screenshot of my workers status to verify they are running.  If you would like ID or similar, I am willing to offer that as well.
I am not offering collateral the purpose of this loan is to more efficiently utilize time and accelerate expansion.  If I had alternative currencies at the moment, I would have just exchanged for BTC/USD.

https://i.imgur.com/w2AqoqP.png

Thank you for your time.
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GBattaglia (OP)
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January 26, 2014, 04:09:04 PM
 #2

If i had the 1 BTC i would gladly help you out.  You trusted me by loaning me 0.025 BTC with no collateral which i greatly appreciate.   I have seen you give loans to many people on here. I wish you luck and throw my vouch for you on here. It may not be much but i tried.

Thanks man.  No worries about not having the funds, I appreciate you took time to post.  Smiley
GBattaglia (OP)
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January 26, 2014, 07:39:06 PM
 #3

I am willing to pay more than 10% interest if anyone is willing to cover this loan within 48 hours.  Terms are negotiable.   Smiley
ClutchThese
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January 26, 2014, 08:49:26 PM
 #4

Hey bud,

I can loan you like 5 or 6 LTC right now. That's all i've got up to this point since i paid you back.

Let me know if you want this for starters.

Signature for Rent - PM if Interested
GBattaglia (OP)
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January 26, 2014, 11:57:09 PM
 #5

Hey bud,

I can loan you like 5 or 6 LTC right now. That's all i've got up to this point since i paid you back.

Let me know if you want this for starters.

Thanks man.  Even smaller micro-type loans of this sort do help, and I'll return with interest promptly.  Just let me know more exact figures and we can discuss.  Smiley
ClutchThese
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January 27, 2014, 03:17:14 AM
 #6

I can offer 5.6 LTC right now.

Signature for Rent - PM if Interested
GBattaglia (OP)
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January 27, 2014, 12:25:08 PM
 #7

I can offer 5.6 LTC right now.

That would be greatly appreciated. 

Terms:
Loan Amount:  6LTC
Due:  Two Weeks from Loan Date
Amount Due:  7LTC
Address:  LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po

Let me know if there are any issues with these terms.  Smiley
ClutchThese
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January 27, 2014, 02:23:30 PM
 #8

ok, it's been sent!

Date: 1/27/2014 09:22
To: LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po
Debit: -6.00 LTC
Transaction fee: -0.001 LTC
Net amount: -6.001 LTC
Transaction ID: 23838ca3fc06da7b46315e05ca787605df1388bb7e5022ca3733ccd07de7cc9b


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GBattaglia (OP)
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January 27, 2014, 02:36:32 PM
 #9

ok, it's been sent!

Date: 1/27/2014 09:22
To: LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po
Debit: -6.00 LTC
Transaction fee: -0.001 LTC
Net amount: -6.001 LTC
Transaction ID: 23838ca3fc06da7b46315e05ca787605df1388bb7e5022ca3733ccd07de7cc9b



Thanks!  I see the transaction and is currently awaiting confirmations.  I'll be to get you paid back before the two week deadline. 

Others:
I am still interested in acquiring more funds for expansion under the same terms, so feel free to let me know if you are interested.  It is greatly appreciated.   Smiley
gragatrim
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January 27, 2014, 08:42:03 PM
 #10

I'd be happy to lend you the 1btc, let me know what address to send to.
GBattaglia (OP)
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January 28, 2014, 03:28:30 PM
 #11

Loan Fulfilled:
Lender:  Whirlpool
Amount:  1BTC
Due: 1.1BTC by February 28th at the latest
Record: https://blockchain.info/tx-index/a152700d1278b72dd6a40a6f348afd020eb1766d83985ed6f277bea6854d76e7

Thank you very much.  I will give updates regularly if you wish.
GBattaglia (OP)
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January 29, 2014, 01:29:39 PM
 #12

ok, it's been sent!

Date: 1/27/2014 09:22
To: LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po
Debit: -6.00 LTC
Transaction fee: -0.001 LTC
Net amount: -6.001 LTC
Transaction ID: 23838ca3fc06da7b46315e05ca787605df1388bb7e5022ca3733ccd07de7cc9b



Intend to return to you 7LTC by this Saturday, thanks again for the loan.   Smiley
ClutchThese
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January 29, 2014, 02:12:41 PM
 #13

Sounds good! 

You can send to: LavEmAkLCo3d4m6DBC8n5ijFyJNYVCZnUL

Much appreciated.

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GBattaglia (OP)
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January 31, 2014, 03:06:24 AM
 #14

Sounds good! 

You can send to: LavEmAkLCo3d4m6DBC8n5ijFyJNYVCZnUL

Much appreciated.

Repaid you 7.03 LTC.  You should expect to see it any moment now.  Let me know if all goes through.  Smiley
ClutchThese
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January 31, 2014, 03:10:58 AM
 #15

Just got it! You're the man!

Thanks!

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January 31, 2014, 02:35:34 PM
 #16

This is how lending should work.  Cool

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
GBattaglia (OP)
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January 31, 2014, 04:25:23 PM
 #17

This is how lending should work.  Cool

Agreed.   Wink

User by the name Whirlpool lent me 1BTC on January 28th.  We agreed to repayment of 1.1BTC within 4 weeks of the date of payment. 
Currently I anticipate to have it repaid early around the 14th of February, but I can't guarantee that.  I can guarantee repayment by the 28th of February at the latest.
I'll keep you posted, Whirlpool.
GBattaglia (OP)
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February 04, 2014, 08:21:21 PM
 #18

Just wanted to let Whirlpool and the community know all is still on track for repayment, and I am currently anticipating to be able to pay back within two weeks of the current date.
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February 04, 2014, 09:00:23 PM
 #19

Good to see somebody actually honoring the loans.

Keep up the good work.
GBattaglia (OP)
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February 09, 2014, 10:17:47 PM
 #20

Requested return address from Whirlpool today, awaiting for him to post here with it.   Smiley
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