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Author Topic: [Not needed anymore] loan of BTC 0.032  (Read 99 times)
Prof.Nasty
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July 01, 2018, 02:33:12 PM
Last edit: July 01, 2018, 05:53:11 PM by Prof.Nasty
 #1

Hello, well yea i am a new member here, i knew nothing about bitcoins 5 months ago and started accepting it due to trade practices. I sell virtual games and in-game products that are available on steam platform.

I am in need of BTC 0.032
Repayment Duration- 1 day
Repayment amount- 0.036 BTC

[UPDATE] Want-0.022BTC
Repayment Duration- 1 Day
Repayment amount-0.025BTC

I have trade profiles as below on other websites,

https://remitano.com/in/profile/abbasalishadaan

I also have a website whose domain i can transfer which is hosted by godaddy but i dont want to take the fee which itself is almost 0.0015BTC

The website is www.steammarket.in

Please show less sarcasm :v

Blockchain Address: 1NRm6uFYifiT2nimdEvHzsijoxTt36TZEa
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mdayonliner
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July 01, 2018, 02:40:40 PM
 #2

It's not enough. What collateral do you have? I am not sure about others however I will not feel comfortable for sure to give you the loan.

PS: The Localbitcoins profile shows invalid user Error by the way.

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July 01, 2018, 02:44:00 PM
 #3

It's not enough. What collateral do you have? I am not sure about others however I will not feel comfortable for sure to give you the loan.
How about you keep my websites admin panel or my godaddy account for day untill i repay ?
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July 01, 2018, 03:28:33 PM
 #4

It's not enough. What collateral do you have? I am not sure about others however I will not feel comfortable for sure to give you the loan.

PS: The Localbitcoins profile shows invalid user Error by the way.
Well ya, after i log out even i am not able to see it, maybe you need to be logged in to see localbitcoins profile, will remove it.
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July 01, 2018, 03:32:03 PM
 #5

What you are offering as collateral is not something that most people are going to see as "valid". Vod has a pretty good post that is at the top of a stickied thread within this board.

Read here :

What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Ethereum (also written as ETH).  Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.  Try localbitcoins.com

What is not considered collateral?

- Merit.  Bitcointalk Merit is not a commodity and is not meant to be traded.  Asking or doing so may get you negative trust (Trade with Extreme Caution!)
- Items they want to sell.  They don't want it back, so they will default.  It's scammy unethical behavior and will lead to negative trust.  Check their recent posts!
- Items not in hand.  Don't trust a user that promises to give you something *when* they default!  Tracking numbers only show something has been mailed - it could be an empty box.
- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification.  So what if they can prove who they are.  Are you going to spend more money and time taking them to court on untested legal grounds?  You'll probably just walk away, like everyone does.  ID is useless.
- Games codes or similar.  To verify the collateral you need to use the code, which destroys the collateral.  Consider this a purchase, not a loan.  (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Most pre-coins/tokens are worthless, or may take significant time to be worth anything. 
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time.  Escrow can't even help, as paypal charge backs can come over six months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account)  Examples:  Steam

I would suggest you attempt to sell something or provide valid collateral; not a godaddy account that you can easily recover.

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July 01, 2018, 05:35:53 PM
 #6

What you are offering as collateral is not something that most people are going to see as "valid". Vod has a pretty good post that is at the top of a stickied thread within this board.

Read here :

What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Ethereum (also written as ETH).  Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.  Try localbitcoins.com

What is not considered collateral?

- Merit.  Bitcointalk Merit is not a commodity and is not meant to be traded.  Asking or doing so may get you negative trust (Trade with Extreme Caution!)
- Items they want to sell.  They don't want it back, so they will default.  It's scammy unethical behavior and will lead to negative trust.  Check their recent posts!
- Items not in hand.  Don't trust a user that promises to give you something *when* they default!  Tracking numbers only show something has been mailed - it could be an empty box.
- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification.  So what if they can prove who they are.  Are you going to spend more money and time taking them to court on untested legal grounds?  You'll probably just walk away, like everyone does.  ID is useless.
- Games codes or similar.  To verify the collateral you need to use the code, which destroys the collateral.  Consider this a purchase, not a loan.  (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Most pre-coins/tokens are worthless, or may take significant time to be worth anything.  
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time.  Escrow can't even help, as paypal charge backs can come over six months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account)  Examples:  Steam

I would suggest you attempt to sell something or provide valid collateral; not a godaddy account that you can easily recover.
I see, i already made 60$ and need only 140$ more, will look forward if someone is able to it. I could transfer my domain name, but for 1 day the charge of the loan supplier to give it back to me will be more or less the same amount as i requested.
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July 01, 2018, 05:46:19 PM
 #7

You see but nothing change. You continue asking a Non Collateral Loan.
Doesn't matter how much you ask/want. For any Loan regardless amount, at least 120% of a Valid Collateral must be offered.

Now see it again and don't look forward for a Loan without it.

███████████
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#1
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BTC 
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Prof.Nasty
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July 01, 2018, 05:52:10 PM
 #8

You see but nothing change. You continue asking a Non Collateral Loan.
Doesn't matter how much you ask/want. For any Loan regardless amount, at least 120% of a Valid Collateral must be offered.

Now see it again and don't look forward for a Loan without it.
Well, ill close the thread now, the trade happened and i am not in need, the buyer agreed to the supply i had. Maybe ill first give loans to gain community interest and when i am fit for it or need it ill ask again
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July 01, 2018, 07:31:34 PM
 #9

Well, ill close the thread now, the trade happened and i am not in need, the buyer agreed to the supply i had. Maybe ill first give loans to gain community interest and when i am fit for it or need it ill ask again
No offence - how did you get paid? In fiat or crypto?

If fiat then can you post a screenshot perhaps highlighting the transaction number of the invoice and if you got paid by any crypto then would you mind to post the tx number?

This will definitely improve your image to the forum and will prove your statement that you claimed.


You changed the title not closed the topic  Smiley

Once you lock it then we consider it closed.
Scroll down a bit then on the left hand side look for lock topic link. Click it then follow the on screen instructions.
ImageLoading...

PS: Don't close it before answering me.  Tongue
Looking forward...




Prof.Nasty
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July 02, 2018, 04:05:57 PM
Last edit: July 02, 2018, 04:33:19 PM by Prof.Nasty
 #10

Well, ill close the thread now, the trade happened and i am not in need, the buyer agreed to the supply i had. Maybe ill first give loans to gain community interest and when i am fit for it or need it ill ask again
No offence - how did you get paid? In fiat or crypto?

If fiat then can you post a screenshot perhaps highlighting the transaction number of the invoice and if you got paid by any crypto then would you mind to post the tx number?

This will definitely improve your image to the forum and will prove your statement that you claimed.


You changed the title not closed the topic  Smiley

Once you lock it then we consider it closed.
Scroll down a bit then on the left hand side look for lock topic link. Click it then follow the on screen instructions.
https://i.imgur.com/o1s5rzx.png

PS: Don't close it before answering me.  Tongue
Looking forward...




Hi, it was fulfilled with crypto, the marked transaction fulfilled it. -2Trust for doing nothing...geez. Have a look and reply

https://imgur.com/a/how58NB
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July 02, 2018, 04:55:51 PM
 #11


What am I missing here?

The address which received the BTC: 144oyrRj9qLFb3JV5XXsAH5csFqo33JTZ9
The BTC came from: 35cu7fGn7u8PUrGnDF61sJokrYm8bi4Xsf
Tx: https://www.blockchain.com/en/btc/tx/521041fb21319f1e8d9ba9ca802d5d0fb35b26fce5a4893561c3bd1aeed41e97
Received on 2018-06-30 @15:30:07 which is GMT time (Consider +-1 hour)



The topic was created on July 1, 2018 @14:33:12 GMT

Looking at the times, it seems you have created the topic after the original transaction took in place.

Again, would you please point me out that I am missing or you have a valid explanation?

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July 02, 2018, 05:01:04 PM
 #12


What am I missing here?

The address which received the BTC: 144oyrRj9qLFb3JV5XXsAH5csFqo33JTZ9
The BTC came from: 35cu7fGn7u8PUrGnDF61sJokrYm8bi4Xsf
Tx: https://www.[Suspicious link removed]/en/btc/tx/521041fb21319f1e8d9ba9ca802d5d0fb35b26fce5a4893561c3bd1aeed41e97
Received on 2018-06-30 @15:30:07 which is GMT time (Consider +-1 hour)



The topic was created on July 1, 2018 @14:33:12 GMT

Looking at the times, it seems you have created the topic after the original transaction took in place.

Again, would you please point me out that I am missing or you have a valid explanation?
Yes, i was short of the amount that i had requested here, i created a topic, got rejected, so had to sell one of my products and full fill the deal, got my payment. This is what happened.
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July 02, 2018, 05:06:48 PM
 #13

Yes, i was short of the amount that i had requested here, i created a topic, got rejected, so had to sell one of my products and full fill the deal, got my payment. This is what happened.
Sorry, I am not buying the story. Here what I think - the red tag from Vod was well judged. You have to live with that mate. I am off from here.

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July 02, 2018, 05:09:45 PM
 #14

Yes, i was short of the amount that i had requested here, i created a topic, got rejected, so had to sell one of my products and full fill the deal, got my payment. This is what happened.
Sorry, I am not buying the story. Here what I think - the red tag from Vod was well judged. You have to live with that mate. I am off from here.
Blockchain address changes every time we receive funds, how am i to blame ?
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July 02, 2018, 05:23:16 PM
 #15

Blockchain address changes every time we receive funds, how am i to blame?
You are seriously not making sense now.

The transaction time is not gonna change ever.

I think you need to do some study before giving anymore excuses for your shady loan request. You have given enough evidences which proves that you are not a trust worthy person. It's better for you to stop now and lock the topic.

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