{closed}Looking for btc Loans Pay 4btc and get 4.5btc!{closed}

[nster]

do you have any heatware?

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[Fiyasko]

lawl heatware?

and the 'Problem'? statement

1.)the world'll pretty much get a loan to pay a loan(by printing money is one way)
2.)Yes thats a bad thing, But what do you think'll happen when people ask for money without reputation, They get a No, or a Generous yes
3.)He whom has an outstanding loan shouldn't beable to get another one, Hence the rep system and repayment logs
4.)Yarharhurrr someone could just Fk around by making new users to get a loan to pay a loan, But agian, Rep system.
5.)and then again, "it could be fake rep or rapid gen'd rep", Well no shit. What do you propose?

[Fiyasko]

Bump...

[rebuilder]

Wouldn't a trust escrow along the lines of what Nefario et al. have been setting up be better?

Something like:
Newbie with low trust places a sum of money in escrow as collateral against any claims of misbehaviour. Say you want to buy something for 300 BTC but have no trust. You have 300 BTC in escrow, and anyone can verify this. You make the purchase, and if you pay up, everything's fine. If not, the 300 BTC is taken from escrow and transferred to the party left unpaid.

[Fiyasko]

I have no problems using an escrow, however i dont want to make a google account as faully as that sounds
Aswell as i have never used an escrow service before (Clearcoin is one if im not mistaken) so i wonder how exactly it works.

Heres how i think it works:(in my loan scenario)
Mr.A)"ive placed 30ß in the escrow"
Mr.B)"Sweet, now im gonna go spend that 30ß Out of the Escrow?"
Mr.A)"uhhhhhhhhh wait what?, i dont think thats how it works dude"
Mr.B)"what?"
Mr.A)"usually when i escrow money its for me to buy something from you, and as such, you dont get to use that 30ß untill you send me what i asked for"
Mr.B)"sooo......?"
Mr.A)"sooooo you send me what i want"
Mr.B)"but im trying to loan 30ß, wouldnt that mean that you'd require me to send you 30ß to calim the 30ß?
Mr.A)"uhhhhhh anyone wanna jump in here?"

[nanotube]

escrowing BTC for the purpose of getting a loan denominated in BTC doesn't really make much sense. if you have the btc to escrow, you wouldn't need the loan.

escrowing other currencies or goods as collateral may work though.

[Fiyasko]

well yeah thats kinda my point, So anyone feel like loaning?

[mewantsbitcoins]

how long before the lender gets his coins back?

[The Script]

well yeah thats kinda my point, So anyone feel like loaning?

You are looking for another loan?

[Fiyasko]

yes.

[trentzb]

I can provide this loan. Could you please list the following:

How long are you requesting the loan?
What frequency are repayments to be made? All at once or periodically?

[nster]

I can provide this loan. Could you please list the following:

How long are you requesting the loan?
What frequency are repayments to be made? All at once or periodically?

I think he said something like at least 1 BTC per day, so periodically, for like 30 days MAX but could be faster, like 15 days

[Fiyasko]

Yup, just as nster says, and at the beginning of this thread it's underlined that i will pay you As fast as possible

[nster]

If he backs out, I'll take on the loan

[trentzb]

I can do this 20 BTC loan to you but my condition is no interest/gain. Pay back 20 BTC within 30 days and I am satisfied. If this is acceptable to you provide an address for me to send 20 BTC to if different than 1P4y3HKKF5deh4rUBUAq6j4qjuqQhC9J7t. Return payment to 1BmVMDJ6RLVoibT1QkbByjgffyQX1e5o2i.

[nster]

What is it with people offering free loans lol

[JamezQ]

What is it with people offering free loans lol

If you don't want that, I will loan 20 BTC for 30 BTC payout.

[nster]

What is it with people offering free loans lol

If you don't want that, I will loan 20 BTC for 30 BTC payout.

I'm pretty sure he prefers not to give away BTC unnecessarily >.>

[JamezQ]

So, do you want my loan :?

The terms are I give you 20 BTC, you give me 30 BTC < 30 days. Right?

[Psychoactive]

What is it with people offering free loans lol

usury is a sin