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Author Topic: Micro Loans offered here. (Collateral Necessary)  (Read 563 times)
coinnewbit (OP)
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April 16, 2014, 01:58:45 PM
Last edit: April 17, 2014, 02:20:34 PM by coinnewbit
 #1

Hey guys, nothing special here. I am here to loan some bitcoin to all users, and to make a small profit.  
I have around 0.1 btc available for loan, and more so when my signature payment from RitzGrandCasino arrives.

*************************************************RULES********************************************************
1a. Unless you have DefaultTrust or is a member with more than 200 activity, I would request you to place collateral.
                                                                                                                                              1) Popular Altcoins with at least 2 major exchanges
                                                                                                                                              2) Cex.io GH/S
                                                                                                                                              3) PayPal              
                                                                                                                                              4) If you have any other things worth of value, you can post here and/or PM me.
Edit: 1b. Newbies and Jr. Members, I request you place 100% and 95% collateral respectively. The rest of the members please place 85% collateral.
2. Please do have the courtesy of returning the loan itself. I don't care what you are gonna do with the loan, just get the bitcoin to me by the deadline.
3. The loan would be anywhere between 0.01 to 0.03 BTC.
4. The deadline of the loan is negotiable up to a month (should be lesser since it is such a small loan)
5. The interest is accumulated at a rate of 0.0008 BTC per day.
6. I can reject anyone if I don't feel that they are trustworthy.
7. When posting here, make sure that the post is as follows: [ X BTC to X address for X number of days. Collateral is X. ]
8. I'll try to reply to you as soon as possible.
9. If there are anyone with negative trust, you can try, but you might take this opportunity to gain trust, so I'll expect you to inform me of your intended purpose for this loan and back your claim with evidence.
10. Because of Clause 9, Vod, Tomatocage, and other power members of the Lending forum please forgive me if I enable any scammers. I am not afraid of negative trust and will take responsibility of my actions.
***************************************************End-of-Rules*************************************************


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zolace
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April 16, 2014, 02:09:19 PM
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im doing 1 bitcoin worth of sig next month is possible to loan me based on that alone i have a few collateral but not much, i can give u access to this account till I pay u back can we work something out?  all i need is .4

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coinnewbit (OP)
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April 16, 2014, 02:16:26 PM
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im doing 1 bitcoin worth of sig next month is possible to loan me based on that alone i have a few collateral but not much, i can give u access to this account till I pay u back can we work something out?  all i need is .4
As stated above, I only have around 0.1 bitcoin available, with each loan being 0.01 to 0.03 BTC. Sorry, why don't you seek out bigger users?
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April 16, 2014, 02:24:40 PM
 #4

10. Because of Clause 9, Vod, Tomatocage, and other power members of the Lending forum please forgive me if I enable any scammers. I am not afraid of negative trust and will take responsibility of my actions.

The trust system is open to interpretation by each individual user, so I would never penalize someone for loaning to a user that has negative trust.  I just ask that you do not loan to users that are marked as a SCAMMER (like joey or dank) as the forum has proven beyond a reasonable doubt that they are dishonest.    Smiley

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coinnewbit (OP)
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April 16, 2014, 02:26:36 PM
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10. Because of Clause 9, Vod, Tomatocage, and other power members of the Lending forum please forgive me if I enable any scammers. I am not afraid of negative trust and will take responsibility of my actions.

The trust system is open to interpretation by each individual user, so I would never penalize someone for loaning to a user that has negative trust.  I just ask that you do not loan to users that are marked as a SCAMMER (like joey or dank) as the forum has proven beyond a reasonable doubt that they are dishonest.    Smiley

Of course, that's just plain foolish. Thanks for informing me. Smiley
zolace
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April 16, 2014, 02:35:23 PM
 #6

I understand, thank you/

I agree with Vod but I wouldnt loan to newbies as well

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coinnewbit (OP)
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April 16, 2014, 02:39:29 PM
 #7

I understand, thank you/

I agree with Vod but I wouldnt loan to newbies as well
Yeah, but hey if they do have >85% collateral, I would be happy to provide them with a loan
zolace
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April 16, 2014, 02:41:21 PM
 #8

oh yeah thats true.  but then what if every newbie makes an account and makes 15 percent profit but not the case cause your only loaning a small portion

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April 16, 2014, 03:54:39 PM
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Edit: 1b. Newbies, I request you place 100% collateral.
Smart move there, it means most Newbies won't even bother to request a loan - as most Newbies who do request loans are there to scam ya Wink

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April 16, 2014, 04:29:28 PM
 #10

If someone got a loan from you and forgot it.
then he remember it , we are now 2050 you would be millionnaire lol.

zolace
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April 16, 2014, 04:31:46 PM
 #11

nice sig kyrashi

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coinnewbit (OP)
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April 16, 2014, 10:15:07 PM
 #12

If someone got a loan from you and forgot it.
then he remember it , we are now 2050 you would be millionnaire lol.
Oh, I'll make sure they remember.I'm just here to make a small profit
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