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Author Topic: Please lend me 0.05 Bitcoins.  (Read 593 times)
Muhammed Zakir
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May 29, 2014, 11:03:14 AM
 #1

I am in a middle of an auction. If I win in that, I will get 20K Satoshis and above per day. Unfortunately, the bidding went beyond my wallet balance. So I kindly request you to lend me 0.05 btc and I will return it to you in 2-3 weeks + I will give you 10% of Satoshis I get per day (Min of 2000 Satoshis per day), I promise.
My BTC address is 19pjkRG494kzFuNtK1NT1DkeDGyMTw67be .
Kindly,
         Muhammed Zakhir

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May 29, 2014, 11:12:09 AM
 #2

do you have altcoins for collateral.
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May 29, 2014, 11:16:14 AM
 #3

I am in a middle of an auction. If I win in that, I will get 20K Satoshis and above per day. Unfortunately, the bidding went beyond my wallet balance. So I kindly request you to lend me 0.05 btc and I will return it to you in 2-3 weeks + I will give you 10% of Satoshis I get per day (Min of 2000 Satoshis per day), I promise.
My BTC address is 19pjkRG494kzFuNtK1NT1DkeDGyMTw67be .
Kindly,
         Muhammed Zakhir

Your promise doesn't mean anything.  Plus, you've already tried starting this thread before... I doubt anyone will lend you, with those pixcoins as collateral xD

OH wait, you didn't even offer collateral Roll Eyes
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May 29, 2014, 11:35:06 AM
 #4

OP is sending unsolicited PMs to people (I have received one) with the exact same text as in this OP. Seems funny that he needs a loan of 5 million satoshis to make 20 thousand satoshis a day...that's some pretty bad ROI.

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May 30, 2014, 12:02:33 PM
 #5

OP is sending unsolicited PMs to people (I have received one) with the exact same text as in this OP. Seems funny that he needs a loan of 5 million satoshis to make 20 thousand satoshis a day...that's some pretty bad ROI.
If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here

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May 30, 2014, 12:20:39 PM
 #6

If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here

What is collateral? I don't know about that. Can you explain?
The auction finished. Don't want to lend btc to me. Anyway please explain collateral.

Kindly,
        Muhammed Zakhir

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May 30, 2014, 12:53:04 PM
 #7

It's a guarantee you provide to secure a loan: http://en.m.wikipedia.org/wiki/Collateral_(finance)

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May 30, 2014, 03:35:14 PM
 #8

If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here

What is collateral? I don't know about that. Can you explain?
The auction finished. Don't want to lend btc to me. Anyway please explain collateral.

Kindly,
        Muhammed Zakhir

Collateral is something that you give to the loaner, something that is equal or more to the value of the loan. If you default the loan, then the loaner can sell the collateral to recoup losses. This means that the collateral must be easily sold.

You won't get a loan without collateral unless you have a good reputation and trust.
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