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Author Topic: 1 BTC Loan - To be repaid after 1 Month  (Read 698 times)
Laboboy31 (OP)
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March 15, 2014, 05:23:27 AM
 #1

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.
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KWH
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March 15, 2014, 12:14:15 PM
 #2

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.

What are you offering for collateral? You can't find the funds locally?

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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March 15, 2014, 01:56:46 PM
 #3

I have checked your thread there so I'll make it simple for you you don't have a website for your business obviously the order must be from a forum user right please name the user so that we can confirm that u r actually holding on a big order or maybe the user who's holding the escrowed btc can u do that?Huh If yes then offer collateral and you are all good to for this maybe I'll help!!! Good luck  Smiley
Laboboy31 (OP)
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March 16, 2014, 05:09:48 AM
 #4

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.

What are you offering for collateral? You can't find the funds locally?

First, the collateral. If I have a collateral equal to 1 BTC, why won't I just exchange it?
Second, It is really hard to find funds locally because the interest is higher or the amount is very low.
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March 16, 2014, 05:11:19 AM
 #5

I have checked your thread there so I'll make it simple for you you don't have a website for your business obviously the order must be from a forum user right please name the user so that we can confirm that u r actually holding on a big order or maybe the user who's holding the escrowed btc can u do that?Huh If yes then offer collateral and you are all good to for this maybe I'll help!!! Good luck  Smiley
First, the user is not from here. It's from other forum.
Second, the escrow is in the same forum above.
The collateral, the answer is mentioned above.
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March 16, 2014, 05:15:50 AM
 #6

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.

What are you offering for collateral? You can't find the funds locally?

First, the collateral. If I have a collateral equal to 1 BTC, why won't I just exchange it?
Second, It is really hard to find funds locally because the interest is higher or the amount is very low.

Without collateral, you are probably not going to get this loan. Would you just hand over roughly $600 to a total stranger on a promise to repay?
Walk into a lending institution and ask for this loan, I'll wager collateral will be needed. You also may want to double check a local bank loan rates.

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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March 16, 2014, 05:18:01 AM
 #7

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.

What are you offering for collateral? You can't find the funds locally?

First, the collateral. If I have a collateral equal to 1 BTC, why won't I just exchange it?
Second, It is really hard to find funds locally because the interest is higher or the amount is very low.

Without collateral, you are probably not going to get this loan. Would you just hand over roughly $600 to a total stranger on a promise to repay?
Walk into a lending institution and ask for this loan, I'll wager collateral will be needed. You also may want to double check a local bank loan rates.

I will try to go to my friends and get a good loan (if the have money)
What kind of collateral do you need? I might have some.
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March 16, 2014, 05:21:30 AM
 #8

Hello. I am the owner of RASR Prints (https://bitcointalk.org/index.php?topic=509200) and I am finding a loan of 1 BTC and I will return it as 1.2 BTC after a month. We had a very large order of shirts and the buyer's money is currently in the escrow. Our current budget exceeds the order of 300 T-shirts. We will need about 1 BTC to buy supplies and fulfill this order. Thank you.

What are you offering for collateral? You can't find the funds locally?

First, the collateral. If I have a collateral equal to 1 BTC, why won't I just exchange it?
Second, It is really hard to find funds locally because the interest is higher or the amount is very low.

Without collateral, you are probably not going to get this loan. Would you just hand over roughly $600 to a total stranger on a promise to repay?
Walk into a lending institution and ask for this loan, I'll wager collateral will be needed. You also may want to double check a local bank loan rates.

I will try to go to my friends and get a good loan (if the have money)
What kind of collateral do you need? I might have some.

Something you would have to ship to the lender or third party escrow that equals or (preferably) exceeds the requested loan value BEFORE the loan is given. Bear in mind the costs to ship.

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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March 16, 2014, 05:32:12 AM
 #9

With colateral i am in, just drop me a message what kind of colateral you offer, and where you want do deposit.


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March 16, 2014, 05:42:13 AM
 #10

I know this wouldn't help but I added our business permit in the thread.
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March 16, 2014, 05:44:01 AM
 #11

What kind of collateral do you need? I might have some.
This could help you got a loan within minutes. What you can offer in the same value of 1 BTC?


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March 16, 2014, 05:56:33 AM
 #12

Right now, I cannot send physical goods.
What i can offer is my accounts or a note that justifies that I am giving the lender 30% share in our business.
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March 16, 2014, 07:19:26 AM
 #13

Collateral must not be physical, virtual items are good as well.


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March 16, 2014, 07:25:58 AM
 #14

Collateral must not be physical, virtual items are good as well.
What things do you recommend? (except altcoins because I could just exchange them)
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March 16, 2014, 07:37:51 AM
 #15

Think the other way: What would you accept as a suitable collateral when you would lend money to someone?


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March 16, 2014, 07:57:35 AM
 #16

Think the other way: What would you accept as a suitable collateral when you would lend money to someone?
I'm pretty new at loaning that's why I don't know what to give as a collateral.
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March 16, 2014, 08:39:05 AM
 #17

What I am think as a collateral right now is my Nokia n9.
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