tintifax (OP)
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February 20, 2014, 12:28:05 PM |
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Hello.
I'm in need of 20 BTC to invest into a mining farm. As the rewards are expected to be high i'm willing to pay back the loan with 150% interest within 10 months. Estimated Hashrate is ~ 1.6 TH/s.
If you are interested please PM for details!
regards,
j
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BlueMonkey
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February 20, 2014, 12:31:09 PM |
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What the collateral for 10 month ?
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tintifax (OP)
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February 20, 2014, 12:59:34 PM |
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Unfortunately I can't offer much as a collateral, but surely I will provide my true identity and the right to seize a large part of my income until my debt is paid back.
I also will put aside my rewards as a reserve until my debts are settled. And there is also the possibility to sell my shares on the farm.
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MakeBelieve
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February 20, 2014, 01:16:30 PM |
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Then you won't get a loan you have made two posts and one asking for a loan you have no reputation to lose and you cant provide collateral looks like a scam to me.
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On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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tintifax (OP)
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February 20, 2014, 01:24:49 PM |
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Yes, I just registered to this forum as I thought this might be a good way to find an investor.
I have no intentions to scam people. I will also provide any ways to prove my identity. If I would have collateral worth 20 BTC I wouldn't be in need of a loan.
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KWH
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In Collateral I Trust.
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February 20, 2014, 01:29:40 PM |
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Yes, I just registered to this forum as I thought this might be a good way to find an investor.
I have no intentions to scam people. I will also provide any ways to prove my identity. If I would have collateral worth 20 BTC I wouldn't be in need of a loan.
ID and an internet promise won't cut it. And by the same token, why would I lend you the coins when I could just buy the equipment, mine and keep ALL the profits? Doesn't make any sense either. Your best bet is to sell everything you can, ask friends and family, car title loan or bank personal loan. Of course, these loan places WILL go after you if you default. |
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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BlueMonkey
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February 20, 2014, 01:49:09 PM |
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Yes, I just registered to this forum as I thought this might be a good way to find an investor.
I have no intentions to scam people. I will also provide any ways to prove my identity. If I would have collateral worth 20 BTC I wouldn't be in need of a loan.
ID and an internet promise won't cut it. And by the same token, why would I lend you the coins when I could just buy the equipment, mine and keep ALL the profits? Doesn't make any sense either. Your best bet is to sell everything you can, ask friends and family, car title loan or bank personal loan. Of course, these loan places WILL go after you if you default. I just want to said that. What the difference if we buy for ourself then |
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Baitty
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February 20, 2014, 01:56:12 PM |
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Requesting such a big loan as early as you does raise some red flags.
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Currently held as collateral by monbux
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ahmedjadoon
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February 20, 2014, 01:58:29 PM |
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That's really huge I must say
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TrailingComet
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February 20, 2014, 03:03:42 PM |
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Large loan requests without collateral don't have a prayer
But good luck anyway
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malevolent
can into space
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February 20, 2014, 03:13:17 PM |
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Unfortunately I can't offer much as a collateral, but surely I will provide my true identity and the right to seize a large part of my income until my debt is paid back.
I also will put aside my rewards as a reserve until my debts are settled. And there is also the possibility to sell my shares on the farm.
Then you should at least state your location. Although I don't think you aren't going to find anyone willing to lend you the BTC, if you are willing to offer shares on your farm, and if you're claiming they will be able to seize a part of your income, it will probably have to be someone within driving distance from you, so they can investigate what farm you own and where you work, and then maybe decide to draw up a legally valid contract. Given the volatility of BTC, IMHO 10 months is too long. |
Signature space available for rent.
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Tomatocage
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brb keeping up with the Kardashians
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February 20, 2014, 05:21:31 PM |
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Hello.
I'm in need of 20 BTC to invest into a mining farm. As the rewards are expected to be high i'm willing to pay back the loan with 150% interest within 10 months. Estimated Hashrate is ~ 1.6 TH/s.
If you are interested please PM for details!
regards,
j One way to guarantee that nobody gets ripped off is if the lender buys the mining farm himself, then mines out 150% worth of interest in 10 months. After the lender has made his profit, he packs up the mining farm and sends it to you for free. That way he gets the 150% you promised, and you get your equipment. |
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KWH
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In Collateral I Trust.
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February 20, 2014, 05:56:11 PM |
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Hello.
I'm in need of 20 BTC to invest into a mining farm. As the rewards are expected to be high i'm willing to pay back the loan with 150% interest within 10 months. Estimated Hashrate is ~ 1.6 TH/s.
If you are interested please PM for details!
regards,
j One way to guarantee that nobody gets ripped off is if the lender buys the mining farm himself, then mines out 150% worth of interest in 10 months. After the lender has made his profit, he packs up the mining farm and sends it to you for free. That way he gets the 150% you promised, and you get your equipment. That wouldn't work. That would mean the Borrower gets free Equipment with no money out of his pocket? Hell i'll take that deal  By the time he mines to pay off the equipment, (if it reaches ROI), will it have any real value? |
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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Bobsurplus
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Making money since I was in the womb! @emc2whale
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February 20, 2014, 05:57:28 PM |
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SCAM
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Tomatocage
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brb keeping up with the Kardashians
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February 20, 2014, 06:04:53 PM |
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That wouldn't work. That would mean the Borrower gets free Equipment with no money out of his pocket? Hell i'll take that deal And that's why loans for mining equipment are absurd. |
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ranlo
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February 21, 2014, 03:38:37 AM |
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Yes, I just registered to this forum as I thought this might be a good way to find an investor.
I have no intentions to scam people. I will also provide any ways to prove my identity. If I would have collateral worth 20 BTC I wouldn't be in need of a loan.
ID and an internet promise won't cut it. And by the same token, why would I lend you the coins when I could just buy the equipment, mine and keep ALL the profits? Doesn't make any sense either. Your best bet is to sell everything you can, ask friends and family, car title loan or bank personal loan. Of course, these loan places WILL go after you if you default. I just want to said that. What the difference if we buy for ourself then This was my thought. Why would anyone give you money so you can pay them back off the hardware, when they could do it on their own WITHOUT risk of being scammed? |
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BlueMonkey
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February 21, 2014, 04:44:25 AM |
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3 post only. Lol
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Duomo
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February 21, 2014, 08:54:11 PM |
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What makes more sense is if invest 20 bitcoins to purchase a huge mining farm for Myself and keep the 100 % profits + interest forever |
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Tomatocage
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Activity: 1554
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brb keeping up with the Kardashians
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February 21, 2014, 09:07:03 PM |
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What makes more sense is if invest 20 bitcoins to purchase a huge mining farm for Myself and keep the 100 % profits + interest forever How is he supposed to scam you then? |
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tintifax (OP)
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February 22, 2014, 05:22:05 PM |
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thanks a lot everybody.
I
a) will for sure not state my real identity on a public forum, as i don't want to get scammed!
b) will for sure will not scam anyone and provide prove of my identity. in private. not on a public forum
c) only make this deal happen under an official contract. as i don't want to get scammed!
d) am really short of money, searching for a way to get out of this. but i need some funds for that. i thought 150% would be a good deal for anyone of us. it's hard at my limit.
i know it's a lot of assholes out there. i don't know how to prove that i'm not one of them. and i know some healthy paranoia is good. but you people just suck!
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