Help me so I can help you

[rainingbitcoins]

I don't see how asking for a $100+ loan is irrational when I have a solid plan to back it up.

Solid plan = mysterious cash-generating large structure of some sort.

[1714872217]

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[1714872217]

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[the joint]

I want somebody to cite one time I have made a request this blatantly irrational.

The 100 BTC bet I won twice.

[dank]

The next stage will involve constructing large structures that will sell for 1000+% what they cost.  Demand is huge for this,

Are these structures going to be made out of cocaine or sub-prime mortgage loans? Those are about the only building materials you could use that would net a profit margin that ridiculously high of what they cost to produce.

No, but that is somewhat irrelevant at this point of time.  The structures are a long way down the road, I'm more so looking for loans for the fundraising stage.

You're looking for a loan to get a loan? Interesting. Mind telling the community what the point is? We're all millionaires here. If it's worth our time we'll loan it ourselves. Who'd pass up a chamce like this? It's basically like you're just giving money away at this point.

Where have you been all my life?

No, I am not asking for a loan for a loan.  I am asking for a loan so I can start the fundraising process, step one, which doesn't involve anything but me buying/selling items.

Solid plan = mysterious cash-generating large structure of some sort.

Hardly mysterious, I am willing to speak in private to those interested.

[Jalum]

Atlas has unremorsefully left the thread due to his own LACK OF INTEREST.

[BlockHash]

The next stage will involve constructing large structures that will sell for 1000+% what they cost.  Demand is huge for this,

Are these structures going to be made out of cocaine or sub-prime mortgage loans? Those are about the only building materials you could use that would net a profit margin that ridiculously high of what they cost to produce.

No, but that is somewhat irrelevant at this point of time.  The structures are a long way down the road, I'm more so looking for loans for the fundraising stage.

You're looking for a loan to get a loan? Interesting. Mind telling the community what the point is? We're all millionaires here. If it's worth our time we'll loan it ourselves. Who'd pass up a chamce like this? It's basically like you're just giving money away at this point.

Where have you been all my life?

No, I am not asking for a loan for a loan.  I am asking for a loan so I can start the fundraising process, step one, which doesn't involve anything but me buying/selling items.

Solid plan = mysterious cash-generating large structure of some sort.

Hardly mysterious, I am willing to speak in private to those interested.

You might want to share details about what this fundraising is going to be for and how you are going to conduct said fundraising (and to what ends). All we know right now is that has something to do with Seasteading (at some point) and we are totally supposed to throw our worthless fiat dollars at you because you say you are convinced that you are going to hit the big jackpot.

[dank]

It's funny that when I asked for a $100 loan before but gave no explanation, I received several offers.  Now that I say I have an idea, everybody and their grandma is skeptical, people are so quick to judge.

The fundraising step isn't related to seasteading but the funds I raise will be at a later point.  The fundraising step is a simple buy bulk/good deal, sell fast at good deals, , profit, repeat scheme.

[repentance]

It's funny that when I asked for a $100 loan before but gave no explanation, I received several offers.  Now that I say I have an idea, everybody and their grandma is skeptical, people are so quick to judge.

The fundraising step isn't related to seasteading but the funds I raise will be at a later point.  The fundraising step is a simple buy bulk/good deal, sell fast at good deals, , profit, repeat scheme.

It's not really that surprising.  It's kind of like the difference between applying for a personal loan and a business loan at your bank.  With a personal loan, how you're going to use the money isn't usually relevant to your capacity to repay - with a business loan, your capacity to repay is very often dependent on how you're going to utilise the borrowed money.

I think it also threw people when you said that your idea could be put back 1-2 years by the lack of $100 now.  By and large, the loans given around here are short-term with those seeking investment for their projects posting elsewhere and offering a stake in the venture in return for the funding.

[Matthew N. Wright]

It's funny that when I asked for a $100 loan before but gave no explanation, I received several offers.  Now that I say I have an idea, everybody and their grandma is skeptical, people are so quick to judge.

The fundraising step isn't related to seasteading but the funds I raise will be at a later point.  The fundraising step is a simple buy bulk/good deal, sell fast at good deals, , profit, repeat scheme.

It's not really that surprising.  It's kind of like the difference between applying for a personal loan and a business loan at your bank.  With a personal loan, how you're going to use the money isn't usually relevant to your capacity to repay - with a business loan, your capacity to repay is very often dependent on how you're going to utilise the borrowed money.

I think it also threw people when you said that your idea could be put back 1-2 years by the lack of $100 now.  By and large, the loans given around here are short-term with those seeking investment for their projects posting elsewhere and offering a stake in the venture in return for the funding.

In short, don't mention seasteading when looking for a loan.

[repentance]

In short, don't mention seasteading when looking for a loan.

If he'd posted his request on the seasteading forums, someone would likely have just given him $100 in seed money right now and he could have sought further funding for the bigger, longer term project. 

[edd]

It's funny that when I asked for a $100 loan before but gave no explanation, I received several offers.  Now that I say I have an idea, everybody and their grandma is skeptical, people are so quick to judge.

The fundraising step isn't related to seasteading but the funds I raise will be at a later point.  The fundraising step is a simple buy bulk/good deal, sell fast at good deals, , profit, repeat scheme.

The thing is, if all you're planning on doing to raise capital is buy in bulk and resell at a mark-up, someone else is probably already doing it and you haven't given any indication of how you'll "sell fast."

[bitleaker]

https://i.imgur.com/UzqXO.jpg

[Matthew N. Wright]

The future is now.

[TiagoTiago]

Why the thing you're trying to make needs to be a secret?

[dank]

It's funny that when I asked for a $100 loan before but gave no explanation, I received several offers.  Now that I say I have an idea, everybody and their grandma is skeptical, people are so quick to judge.

The fundraising step isn't related to seasteading but the funds I raise will be at a later point.  The fundraising step is a simple buy bulk/good deal, sell fast at good deals, , profit, repeat scheme.

The thing is, if all you're planning on doing to raise capital is buy in bulk and resell at a mark-up, someone else is probably already doing it and you haven't given any indication of how you'll "sell fast."

Don't you think I thought about this?

It's not really that surprising.  It's kind of like the difference between applying for a personal loan and a business loan at your bank.  With a personal loan, how you're going to use the money isn't usually relevant to your capacity to repay - with a business loan, your capacity to repay is very often dependent on how you're going to utilise the borrowed money.

I think it also threw people when you said that your idea could be put back 1-2 years by the lack of $100 now.  By and large, the loans given around here are short-term with those seeking investment for their projects posting elsewhere and offering a stake in the venture in return for the funding.

Meh, I understand I may sound a little too ecstatic about getting this in action but shit happens in life that can throw everything on or off track.  There is only a small potential that this would be set back  (if I lose my license, as long as I get an attorney I'm fine), and if that were the case I would send back what is yours, no harm done.  I'd say I'm offering a stake in the venture, when I have millions of dollars or bitcoins or whatever, I will have no problem with returning the favor ten fold.

[repentance]

If I understand the OP correctly, he wants funds now to start a venture.  The purpose of that venture is to generate funds for building seasteading related structures in the future.

What I'm not understanding is why he's not bypassing step one and seeking funding from the seasteading community to start building his structures now. 

[JeffK]

What kind of "structures" are you planning on building with those rates of return?

The only things I can think of are either fraudulent or only 'legal' in international waters.

Seeing as your name is "dank", I've got a marginally good guess - but if you really have a plan along the lines I'm thinking I don't understand how you think you will be able to sell "OG Kush Tower" for 1000% of it's cost.


quick edit: Just noticed you are in the 'fundraising stage". I'm not the best guesser, but I think our friend "dank" wants some start-up money to help him sell weed, with which profits he will make a weed-tower which will sell for megabucks.

If I'm right, I don't think you have any clue what the actual margins are on weed sales or how dealing actually works. This is amplified by the fact that you are coming to us for startup money. No one gets 'rich' off weed, bro.

[dank]

What kind of "structures" are you planning on building with those rates of return?

The only things I can think of are either fraudulent or only 'legal' in international waters.

Seeing as your name is "dank", I've got a marginally good guess - but if you really have a plan along the lines I'm thinking I don't understand how you think you will be able to sell "OG Kush Tower" for 1000% of it's cost.


quick edit: Just noticed you are in the 'fundraising stage". I'm not the best guesser, but I think our friend "dank" wants some start-up money to help him sell weed, with which profits he will make a weed-tower which will sell for megabucks.

If I'm right, I don't think you have any clue what the actual margins are on weed sales or how dealing actually works. This is amplified by the fact that you are coming to us for startup money. No one gets 'rich' off weed, bro.

Close but no cigar broham.

@Matt What's wrong with drugs an guns exactly?  You can keep the child porn, not on my island.  I find the term wacko crackhead slightly offensive, I will never touch the stuff.

@Repentance Not quite ready for that, I'd rather take less of a risk by earning the capital myself off a smaller loan.

[JeffK]

What kind of "structures" are you planning on building with those rates of return?

The only things I can think of are either fraudulent or only 'legal' in international waters.

Seeing as your name is "dank", I've got a marginally good guess - but if you really have a plan along the lines I'm thinking I don't understand how you think you will be able to sell "OG Kush Tower" for 1000% of it's cost.


quick edit: Just noticed you are in the 'fundraising stage". I'm not the best guesser, but I think our friend "dank" wants some start-up money to help him sell weed, with which profits he will make a weed-tower which will sell for megabucks.

If I'm right, I don't think you have any clue what the actual margins are on weed sales or how dealing actually works. This is amplified by the fact that you are coming to us for startup money. No one gets 'rich' off weed, bro.

Close but no cigar broham.

@Matt What's wrong with drugs an guns exactly?  You can keep the child porn, not on my island.  I find the term wacko crackhead slightly offensive, I will never touch the stuff.

@Repentance Not quite ready for that, I'd rather take less of a risk by earning the capital myself off a smaller loan.

I figured as much. Even if that is what you plan on doing, you should probably try and sell us a more realistic estimate of the returns than 1000%, which appears arbitrarily chosen and way over-inflated to a rate that would make Bernie Madoff blush.

[repentance]

It takes a lot more than $100 to set up a decent grow operation and even with advanced horticultural techniques you're still looking at 6-8 weeks from planting to harvest.  By contrast, it takes very little money and not very much time to shake and bake batches of methamphetamine.

[JeffK]

What kind of "structures" are you planning on building with those rates of return?

The only things I can think of are either fraudulent or only 'legal' in international waters.

Seeing as your name is "dank", I've got a marginally good guess - but if you really have a plan along the lines I'm thinking I don't understand how you think you will be able to sell "OG Kush Tower" for 1000% of it's cost.


quick edit: Just noticed you are in the 'fundraising stage". I'm not the best guesser, but I think our friend "dank" wants some start-up money to help him sell weed, with which profits he will make a weed-tower which will sell for megabucks.

If I'm right, I don't think you have any clue what the actual margins are on weed sales or how dealing actually works. This is amplified by the fact that you are coming to us for startup money. No one gets 'rich' off weed, bro.

Close but no cigar broham.

@Matt What's wrong with drugs an guns exactly?  You can keep the child porn, not on my island.  I find the term wacko crackhead slightly offensive, I will never touch the stuff.

@Repentance Not quite ready for that, I'd rather take less of a risk by earning the capital myself off a smaller loan.

I figured as much. Even if that is what you plan on doing, you should probably try and sell us a more realistic estimate of the returns than 1000%, which appears arbitrarily chosen and way over-inflated to a rate that would make Bernie Madoff blush.

Oh snap. I didn't eben pay attention to the name. I'm starting to actually believe that's his secret plan

Why the fuck else would he not tell anyone?

Because people who talk about drugs on the internet get thrown in jail all the time.