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GBattaglia (OP)
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March 04, 2014, 04:40:16 PM
Last edit: March 04, 2014, 10:40:34 PM by GBattaglia |
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Previous Loan:https://bitcointalk.org/index.php?topic=433194.0Loan Information:This loan will be utilized to further expand upon my Scrypt mining operations once again. I am not offering collateral because the purpose of this loan is to more efficiently utilize time and accelerate expansion. If I had alternative currencies at the moment, I would have just exchanged for BTC/USD. While a loan rate of 5%/month would be favorable, interest rates can be negotiated. Thank you, and I look forward to hearing from any potential lenders.
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SlidingHorn
Full Member
 Offline
Activity: 196
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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March 04, 2014, 04:45:14 PM |
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Previous Loan:https://bitcointalk.org/index.php?topic=433194.0Loan Information:This loan will be utilized to further expand upon my Scrypt mining operations once again. I am not offering collateral because the purpose of this loan is to more efficiently utilize time and accelerate expansion. If I had alternative currencies at the moment, I would have just exchanged for BTC/USD. While a loan rate of 5%/month would be favorable, interest rates can be negotiated. Thank you, and I look forward to hearing from any potential lenders. Good luck then. No collateral and well below the normal interest around here |
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KWH
Legendary
Offline
Activity: 1904
Merit: 1045
In Collateral I Trust.
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March 04, 2014, 04:47:09 PM |
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I would consider a partial if the term was about half. GLWL
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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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GBattaglia (OP)
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March 04, 2014, 05:06:15 PM |
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Previous Loan:https://bitcointalk.org/index.php?topic=433194.0Loan Information:This loan will be utilized to further expand upon my Scrypt mining operations once again. I am not offering collateral because the purpose of this loan is to more efficiently utilize time and accelerate expansion. If I had alternative currencies at the moment, I would have just exchanged for BTC/USD. While a loan rate of 5%/month would be favorable, interest rates can be negotiated. Thank you, and I look forward to hearing from any potential lenders. Good luck then. No collateral and well below the normal interest around here Interest rate is negotiable of course. There isn't much point in me putting up BTC1.2 as collateral whilst obtaining a loan of the same amount. I would consider a partial if the term was about half. GLWL
This could work. Let me know if this sounds reasonable with what you are proposing: Loan Terms:Amount: BTC.5 Date of Loan: March 5th Repayment: BTC.53 by March 20th |
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SlidingHorn
Full Member
Offline
Activity: 196
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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March 04, 2014, 05:10:47 PM |
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Previous Loan:https://bitcointalk.org/index.php?topic=433194.0Loan Information:This loan will be utilized to further expand upon my Scrypt mining operations once again. I am not offering collateral because the purpose of this loan is to more efficiently utilize time and accelerate expansion. If I had alternative currencies at the moment, I would have just exchanged for BTC/USD. While a loan rate of 5%/month would be favorable, interest rates can be negotiated. Thank you, and I look forward to hearing from any potential lenders. Good luck then. No collateral and well below the normal interest around here Interest rate is negotiable of course. There isn't much point in me putting up BTC1.2 as collateral whilst obtaining a loan of the same amount. Who said anything about bitcoin as collateral? Usually, people use altcoins, and there most certainly is a point in doing so: 1. Your lender has assurance that they're getting their money either way. 2. You, upon paying the loan, have whatever you needed your loan for as well as your previous supply of altcoins 3. You don't have to be concerned with buying your altcoins back at a loss if their value drops during the duration of the loan. |
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GBattaglia (OP)
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March 04, 2014, 05:19:56 PM |
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Previous Loan:https://bitcointalk.org/index.php?topic=433194.0Loan Information:This loan will be utilized to further expand upon my Scrypt mining operations once again. I am not offering collateral because the purpose of this loan is to more efficiently utilize time and accelerate expansion. If I had alternative currencies at the moment, I would have just exchanged for BTC/USD. While a loan rate of 5%/month would be favorable, interest rates can be negotiated. Thank you, and I look forward to hearing from any potential lenders. Good luck then. No collateral and well below the normal interest around here Interest rate is negotiable of course. There isn't much point in me putting up BTC1.2 as collateral whilst obtaining a loan of the same amount. Who said anything about bitcoin as collateral? Usually, people use altcoins, and there most certainly is a point in doing so: 1. Your lender has assurance that they're getting their money either way. 2. You, upon paying the loan, have whatever you needed your loan for as well as your previous supply of altcoins 3. You don't have to be concerned with buying your altcoins back at a loss if their value drops during the duration of the loan. I do not currently hold any substantial amount of any altcoin. I currently have some holdings of BTC, which will be sold off alongside the loan amount to help cover costs of expansion. Now while I understand the value in collateral for the lender, its only value is if I am not capable of repaying my loan. The loan will be repaid despite lack of collateral, same as the past two loans I linked. Mind you that loan was made while BTC was of higher value, so again, there is little point in me running off with the funds supplied by the lender. Thank you for your interest in this loan request though. |
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GBattaglia (OP)
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March 04, 2014, 09:44:01 PM |
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KWH has made the offer to cover the loan.
Loan Terms:
Amount: BTC.5
Date of Loan: March 5th
Repayment: BTC.53 by March 20th
Payment Address: 16LQDrFrbsKTNpB3N6Q9xG23ZRY3dCMezk
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KWH
Legendary
Offline
Activity: 1904
Merit: 1045
In Collateral I Trust.
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March 04, 2014, 09:50:09 PM |
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KWH has made the offer to cover the loan.
Loan Terms:
Amount: BTC.5
Date of Loan: March 5th
Repayment: BTC.53 by March 20th
Payment Address: 16LQDrFrbsKTNpB3N6Q9xG23ZRY3dCMezk
Agreed. Sent funds. Transaction ID: 40d6bf189f466e0671ebacd4bfdcfc6fd38d41e616246b1bcf5bd8c5d68e7403 Repay to same address please. Good luck! |
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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GBattaglia (OP)
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March 04, 2014, 11:22:27 PM |
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KWH has made the offer to cover the loan.
Loan Terms:
Amount: BTC.5
Date of Loan: March 5th
Repayment: BTC.53 by March 20th
Payment Address: 16LQDrFrbsKTNpB3N6Q9xG23ZRY3dCMezk
Agreed. Sent funds. Transaction ID: 40d6bf189f466e0671ebacd4bfdcfc6fd38d41e616246b1bcf5bd8c5d68e7403 Repay to same address please. Good luck! Thank you. Funds will be sent to: 1KHjCMDrFxXiDpFnkd3wEuG8oeDcFQvQkY by March 20th, a payment of BTC.56. |
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KWH
Legendary
Offline
Activity: 1904
Merit: 1045
In Collateral I Trust.
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March 05, 2014, 12:03:16 AM |
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KWH has made the offer to cover the loan.
Loan Terms:
Amount: BTC.5
Date of Loan: March 5th
Repayment: BTC.53 by March 20th
Payment Address: 16LQDrFrbsKTNpB3N6Q9xG23ZRY3dCMezk
Agreed. Sent funds. Transaction ID: 40d6bf189f466e0671ebacd4bfdcfc6fd38d41e616246b1bcf5bd8c5d68e7403 Repay to same address please. Good luck! Thank you. Funds will be sent to: 1KHjCMDrFxXiDpFnkd3wEuG8oeDcFQvQkY by March 20th, a payment of BTC.56. Sounds good! |
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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howzar
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March 05, 2014, 05:08:05 AM |
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Hi I can provide the remaining 0.5. Repayment on the 20th of 0.56. Let me know if you still require it.
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GBattaglia (OP)
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March 05, 2014, 01:22:47 PM |
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Hi I can provide the remaining 0.5. Repayment on the 20th of 0.56. Let me know if you still require it.
Would you be willing to match KWH's terms? That would be BTC.53 with a repayment of BTC.56 on the 20th of March.  |
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GBattaglia (OP)
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March 05, 2014, 08:34:16 PM
Last edit: March 06, 2014, 03:43:06 AM by GBattaglia |
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Sent 0.25 BTC repayment 0.28BTC by 20th March, 2014 to 1BNdPfB5wWMFYhvFB7zgn4DJo2GxXDjLDRhttps://blockchain.info/tx/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cAgreement by PM: I could send you 0.25 repayment of 0.28?
If this is good let me know.
What is the guarantee you will payback?
Same thing that guarantees I'll repay KWH, and the same thing that caused me to repay ClutchThese and Honeypot; honesty. I don't screw people over, as my lending history here shows. Anyways, interest is rather high for what is effectively a two week loan. 12% in contrast to the current 6% interest on my loan with KWH. Regardless considering I am not putting up collateral and I take it you would prefer that insurance, I would accept those terms. My BTC address is: 16LQDrFrbsKTNpB3N6Q9xG23ZRY3dCMezk PLEASE CONFIRM GBattaglia! I do not see the need for caps and exclamations. I'm currently away from home, but I did remote login to my computer to confirm the transaction. It is currently sitting at 0 confirmations, but that shouldn't be an issue. Thank you for promptly filling the loan. Just a note to my lenders to add greater confidence. I currently have 9.3MH/s of Scrypt rented out as a single unit ["farm"] on Betarigs. This setup is rented at a competitive rate of .009BTC/MH/Day. This brings in after fees a minimum of .08BTC daily, with my total loans here counting interest totaling .84BTC, the amount required for repayment is secure and dependable. If everything goes as planned, this Saturday the total hashrate will equal 11.7MH/s-12.0MH/s. For any lenders who had uncertainty regarding my ability repaying these loans, I thought those figures might help reassure the Bitcointalk community. UPDATE:I am noticing your payment is still not confirming, Howzar. I'll keep you posted, but it is sitting on my wallet at 0 confirmations. |
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Light
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March 06, 2014, 06:30:53 AM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. |
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howzar
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March 06, 2014, 07:40:54 AM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks |
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GBattaglia (OP)
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March 06, 2014, 12:25:15 PM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks Transaction record for tracking: https://blockchain.info/tx-index/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cIf the funds do confirm, the repayment date will be pushed ahead to by the amount of days the payment was delayed, does that sound reasonable? |
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howzar
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March 06, 2014, 01:10:32 PM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks Transaction record for tracking: https://blockchain.info/tx-index/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cIf the funds do confirm, the repayment date will be pushed ahead to by the amount of days the payment was delayed, does that sound reasonable? Sure, up to a maximum of 5 days. So max repayment will be March 25, if it doesn't confirm before 5 days or even 3 I think it returns to my wallet and I'll resend It promptly. I'll let you know |
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GBattaglia (OP)
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March 06, 2014, 04:58:51 PM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks Transaction record for tracking: https://blockchain.info/tx-index/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cIf the funds do confirm, the repayment date will be pushed ahead to by the amount of days the payment was delayed, does that sound reasonable? Sure, up to a maximum of 5 days. So max repayment will be March 25, if it doesn't confirm before 5 days or even 3 I think it returns to my wallet and I'll resend It promptly. I'll let you know Thanks. The loan has cleared now with 22 confirmations, so it just took a day to clear from the original send date. |
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howzar
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March 06, 2014, 05:12:35 PM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks Transaction record for tracking: https://blockchain.info/tx-index/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cIf the funds do confirm, the repayment date will be pushed ahead to by the amount of days the payment was delayed, does that sound reasonable? Sure, up to a maximum of 5 days. So max repayment will be March 25, if it doesn't confirm before 5 days or even 3 I think it returns to my wallet and I'll resend It promptly. I'll let you know Thanks. The loan has cleared now with 22 confirmations, so it just took a day to clear from the original send date. Do you want to keep the original repayment date or add a day? I'm okay with both. |
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GBattaglia (OP)
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March 06, 2014, 05:27:22 PM |
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That was my mistake, I tight putting the minimum of 0.0001 would make it confirm within the hour. However because of the different inputs, the size is larger. I'll try to see of I can 'add' fees? I'm using block chain. Info
I'm pretty sure you can't add a fee once the transaction has been broadcast. The tx will either go through albeit rather slowly, or it won't be confirmed at all and the funds will remain in your control. Okay thanks Transaction record for tracking: https://blockchain.info/tx-index/6fb2cc08567fa25f3129270f2639e0adec143336993e0578ab158275678cf87cIf the funds do confirm, the repayment date will be pushed ahead to by the amount of days the payment was delayed, does that sound reasonable? Sure, up to a maximum of 5 days. So max repayment will be March 25, if it doesn't confirm before 5 days or even 3 I think it returns to my wallet and I'll resend It promptly. I'll let you know Thanks. The loan has cleared now with 22 confirmations, so it just took a day to clear from the original send date. Do you want to keep the original repayment date or add a day? I'm okay with both. Original repayment date will be fine, thank you for the offer. |
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