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Author Topic: Country restricted bitcoin loan  (Read 1988 times)
bitsly (OP)
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February 09, 2014, 08:10:24 PM
Last edit: March 12, 2014, 10:45:59 AM by bitsly
 #1

I live in India and the Reserve Bank here banned bitcoin and declared it as unregulatory currency.Every registered seller closed their service.I'm not in a position to buy bitcoin.Other available options are also closed ie localbitcoins.com since news of arrest of few US sellers.My country also doesn't allow sending of WU to outside country.
For this reason,I need a 1BTC loan for one month and payback with 5% interest(can be a single investor or multiple investors)
Inviting all options.

Bitcoin address : 12dKodEVQqcUmbmGqZHkXbej9eZTzdCee5

I will start the progress thread as soon as there are investors and also post the details of individual investment.
Thanks.
austin
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February 09, 2014, 08:19:06 PM
 #2

I live in India and the Reserve Bank here banned bitcoin and declared it as unregulatory currency.Every registered seller closed their service.I'm not in a position to buy bitcoin.Other available options are also closed ie localbitcoins.com since news of arrest of few US sellers.My country also doesn't allow sending of WU to outside country.
For this reason,I need a 5BTC loan for one month and payback with 5% interest(can be a single investor or multiple investors)
Inviting all options.

Bitcoin address : 12dKodEVQqcUmbmGqZHkXbej9eZTzdCee5

I will start the progress thread as soon as there are investors and also post the details of individual investment.
Thanks.
If you need a loan because you can't buy bitcoins in India, how are you going to get bitcoins to pay back your loan?
bitsly (OP)
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February 09, 2014, 08:44:43 PM
 #3

I live in India and the Reserve Bank here banned bitcoin and declared it as unregulatory currency.Every registered seller closed their service.I'm not in a position to buy bitcoin.Other available options are also closed ie localbitcoins.com since news of arrest of few US sellers.My country also doesn't allow sending of WU to outside country.
For this reason,I need a 5BTC loan for one month and payback with 5% interest(can be a single investor or multiple investors)
Inviting all options.

Bitcoin address : 12dKodEVQqcUmbmGqZHkXbej9eZTzdCee5

I will start the progress thread as soon as there are investors and also post the details of individual investment.
Thanks.
If you need a loan because you can't buy bitcoins in India, how are you going to get bitcoins to pay back your loan?
I want the coins for investment in mining and trading.I have good hands in trading owing the fact that I do forex.
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February 09, 2014, 10:59:59 PM
 #4

I live in India and the Reserve Bank here banned bitcoin and declared it as unregulatory currency.Every registered seller closed their service.I'm not in a position to buy bitcoin.Other available options are also closed ie localbitcoins.com since news of arrest of few US sellers.My country also doesn't allow sending of WU to outside country.
For this reason,I need a 5BTC loan for one month and payback with 5% interest(can be a single investor or multiple investors)
Inviting all options.

Bitcoin address : 12dKodEVQqcUmbmGqZHkXbej9eZTzdCee5

I will start the progress thread as soon as there are investors and also post the details of individual investment.
Thanks.

I can provide a 5 BTC loan for 222 LTC collateral. If you're serious about this, PM me for deposit address and I can have 5 BTC in your wallet immediately.

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bitsly (OP)
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February 10, 2014, 01:17:47 AM
 #5

I can provide a 5 BTC loan for 222 LTC collateral. If you're serious about this, PM me for deposit address and I can have 5 BTC in your wallet immediately.
[/quote]

Don't u think if i had that LTC wud i have asked for loan?
Kindly look at the description.All i'm telling is that I have cash but no means to buy it.
I'm not saying that give me loan blindfoldedly but give me loan on interest keeping my id's,docs and credit card(as a backup if I don't pay).
I appreciate ur support on giving loan without interest but don't u think time is much valuable that can give u profits on investment.
Though,thanks for ur post.
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February 11, 2014, 02:10:31 AM
 #6

I can provide a 5 BTC loan for 222 LTC collateral. If you're serious about this, PM me for deposit address and I can have 5 BTC in your wallet immediately.

Don't u think if i had that LTC wud i have asked for loan?
Kindly look at the description.All i'm telling is that I have cash but no means to buy it.
I'm not saying that give me loan blindfoldedly but give me loan on interest keeping my id's,docs and credit card(as a backup if I don't pay).
I appreciate ur support on giving loan without interest but don't u think time is much valuable that can give u profits on investment.
Though,thanks for ur post.

[/quote]

All that is pretty much worthless. You need collateral for this loan.

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
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February 11, 2014, 01:26:36 PM
 #7

its a big amount and you are newbie so who is going to give you this big loan without any collateral are you crazy  Wink

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February 11, 2014, 04:31:23 PM
 #8

Dont have any transaction with virwox account.Kindly can you tell me how much loan of btc can you provide?What will be the rate of interest?Is there anyother way out?

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February 13, 2014, 10:59:10 PM
 #9

I don't know which other things is going on in here.
But as far as I know U guys need to create a different post.

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February 14, 2014, 08:39:58 PM
 #10

I can provide a 5 BTC loan for 222 LTC collateral. If you're serious about this, PM me for deposit address and I can have 5 BTC in your wallet immediately.

Don't u think if i had that LTC wud i have asked for loan?
Kindly look at the description.All i'm telling is that I have cash but no means to buy it.
I'm not saying that give me loan blindfoldedly but give me loan on interest keeping my id's,docs and credit card(as a backup if I don't pay).
I appreciate ur support on giving loan without interest but don't u think time is much valuable that can give u profits on investment.
Though,thanks for ur post.


All that is pretty much worthless. You need collateral for this loan.
[/quote]

What part of the word collateral do you not understand? The logic that you would provide your id,documentation and a credit card as collateral is worthless. No one is going to come and spend thousands of dollars to come find you with your ID and documentation you provided. As a credit card as
Collateral, you could just go cancel that in five minutes or less flat.
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February 15, 2014, 12:45:44 AM
 #11

I'm not saying that give me loan blindfoldedly but give me loan on interest keeping my id's,docs and credit card(as a backup if I don't pay).

In case you don't pay back, is there enough room on the credit card to cover the loan?


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Vod
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February 15, 2014, 07:22:03 AM
 #12

yes credit limit is higher than the loan amount.

Problem solved then.  Take out a cash advance and buy bitcoins.  Then the only people you own anything to is the bank.   Wink

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bitsly (OP)
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February 15, 2014, 02:25:55 PM
 #13

yes credit limit is higher than the loan amount.

Problem solved then.  Take out a cash advance and buy bitcoins.  Then the only people you own anything to is the bank.   Wink
Wow! awesum the very first thing i can't do is what u r suggesting.
pls read the topic again
bitsly (OP)
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March 12, 2014, 11:07:01 AM
 #14

anybody kind to lend?
Duomo
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March 12, 2014, 11:24:46 AM
 #15

anybody kind to lend?
It's been over a month, guess it's a no Wink
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March 12, 2014, 11:27:32 AM
 #16

try sell some stuff for btc.
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March 12, 2014, 11:35:34 AM
 #17

try sell some stuff for btc.
No one going to give you loan try some other place  Sad

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March 12, 2014, 11:41:46 AM
 #18

I have my friends in india do a bank transff and I'll send you the 5 btc right away how about that??? Before you pm me with any intension or a sad story lemme tell you that iam not stupid if in case you are thinking about me sending the btc first to a newbie account !!
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