Bitcoin Forum
November 12, 2024, 07:08:55 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Offering Loans - 5%/Month  (Read 4998 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
November 07, 2014, 12:31:09 PM
 #21

do you accept paypal as collateral? (with escrow)

No sorry. Physical goods, non reversible money transfers and altcoin only.

Escrow is welcome.

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
sinisuba
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
November 08, 2014, 12:58:05 PM
 #22

I'm buying 5 mh/s of ZenHashlet. In need of $75 to complete my purchase (already got some bitcoins on my wallet), -> 0.2191 needed. I was thinking about a 0.24 repayment in less than 4 days. Let me know if you're up for it.

niktitan132
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000



View Profile
November 08, 2014, 01:08:06 PM
 #23

I'm buying 5 mh/s of ZenHashlet. In need of $75 to complete my purchase (already got some bitcoins on my wallet), -> 0.2191 needed. I was thinking about a 0.24 repayment in less than 4 days. Let me know if you're up for it.


Killerloop only gives loans if you have collateral.
sinisuba
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
November 08, 2014, 01:15:23 PM
 #24

I'm buying 5 mh/s of ZenHashlet. In need of $75 to complete my purchase (already got some bitcoins on my wallet), -> 0.2191 needed. I was thinking about a 0.24 repayment in less than 4 days. Let me know if you're up for it.


Killerloop only gives loans if you have collateral.

I'm in this video competition that'll end in 2 days, https://bitcointalk.org/index.php?topic=832301.0 and will be getting at least .1 from it.

niktitan132
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000



View Profile
November 08, 2014, 01:22:40 PM
 #25

I'm buying 5 mh/s of ZenHashlet. In need of $75 to complete my purchase (already got some bitcoins on my wallet), -> 0.2191 needed. I was thinking about a 0.24 repayment in less than 4 days. Let me know if you're up for it.


Killerloop only gives loans if you have collateral.

I'm in this video competition that'll end in 2 days, https://bitcointalk.org/index.php?topic=832301.0 and will be getting at least .1 from it.

That is not a collateral.

Quote
What is not considered collateral?
...

- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.

...

Source: https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902
sinisuba
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
November 08, 2014, 01:26:27 PM
Last edit: November 08, 2014, 08:27:25 PM by sinisuba
 #26

Quote
What is not considered collateral?
...

- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.

...


Alright then. Thanks on this link, it's useful.

Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
November 08, 2014, 07:25:28 PM
 #27

Killerloop only gives loans if you have collateral.

 Wink

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
December 05, 2014, 04:44:52 PM
 #28

up!

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
leen93
Sr. Member
****
Offline Offline

Activity: 616
Merit: 250



View Profile
December 08, 2014, 09:32:12 AM
 #29

https://bitcointalk.org/index.php?topic=884267.0

it's a lower interest rate but fully collaterized at all time and you can chose the duration and amount
Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
December 08, 2014, 10:03:53 AM
 #30

https://bitcointalk.org/index.php?topic=884267.0

it's a lower interest rate but fully collaterized at all time and you can chose the duration and amount

Hi, I feel your pain for that idiot RiverboatBTC trolling your post, moderators should really take care of him.

I can't accept 1% month though, it is too low given BTC fluctuations. We can settle for a 4% I guess.

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
leen93
Sr. Member
****
Offline Offline

Activity: 616
Merit: 250



View Profile
December 08, 2014, 10:13:03 AM
 #31

https://bitcointalk.org/index.php?topic=884267.0

it's a lower interest rate but fully collaterized at all time and you can chose the duration and amount

Hi, I feel your pain for that idiot RiverboatBTC trolling your post, moderators should really take care of him.

I can't accept 1% month though, it is too low given BTC fluctuations. We can settle for a 4% I guess.
Yes, he's an idiot and sadly this forum is not well moderated, especially the marketplace section is a hell...
No, I'm sorry, I can't give more than 12.6% a year. We can discuss some other things like a free cancellation of the loan by you at any time (so just asking back the principal + 0.033% every day you lended out and the loan would be repaid within 24 hours). So in case you would need to provide a loan to someone else at a higher interest rate and need the btc for that you can get them back.

By the way, I readed your OP more carefully and I'm not going to send you the collateral but the collateral goes to a trusted escrow and stays there (collateral can still be raised)
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral  Wink
Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
December 08, 2014, 10:41:37 AM
 #32

Yes, he's an idiot and sadly this forum is not well moderated, especially the marketplace section is a hell...
No, I'm sorry, I can't give more than 12.6% a year.

Too bad then, there are investments around that are a lot less risky than this kind of private lending (es. corporate/sovereign bonds)
My last offer is 30%/year or 2.5% month. If this is not acceptable for you then I'm sorry but you may want to look elsewhere.

By the way, I readed your OP more carefully and I'm not going to send you the collateral but the collateral goes to a trusted escrow and stays there (collateral can still be raised)
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral  Wink

Of course! I wrote: "Escrow: escrow is welcome if he/she is willing to comply with my rules". I understand the fear of a collateral scam and have absolutely no problem with escrow as long as the margin call rule can be enforced by him/her

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
leen93
Sr. Member
****
Offline Offline

Activity: 616
Merit: 250



View Profile
December 08, 2014, 10:45:01 AM
 #33

Yes, he's an idiot and sadly this forum is not well moderated, especially the marketplace section is a hell...
No, I'm sorry, I can't give more than 12.6% a year.

Too bad then, there are investments around that are a lot less risky than this kind of private lending (es. corporate/sovereign bonds)
My last offer is 30%/year or 2.5% month. If this is not acceptable for you then I'm sorry but you may want to look elsewhere.

By the way, I readed your OP more carefully and I'm not going to send you the collateral but the collateral goes to a trusted escrow and stays there (collateral can still be raised)
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral  Wink

Of course! I wrote: "Escrow: escrow is welcome if he/she is willing to comply with my rules". I understand the fear of a collateral scam and have absolutely no problem with escrow as long as the margin call rule can be enforced by him/her

Why are they less risky? :p
Sorry, can't pay 2.5% a year.
I'll try to find someone else
Killerloop (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
December 08, 2014, 11:00:41 AM
 #34

Why are they less risky? :p
Sorry, can't pay 2.5% a year.
I'll try to find someone else

I can easily make a 13% or more with sovereign bonds that are backed up by a legal entity and an estabilished system. On the other hand the escrow that we are going to use, while trusted in this community, is not legally bound to our deal or anything and I have to trust him to enforce my rules at all times and, especially, on time.... he may be asleep for example. On the other hand if coins are on my hand I have my trading scripts in place.

If you want to disclose your activity we can discuss payment periods. I can even settle for one payment every X months or at the end of the loan but my yield has to be at least 2.5%/month, or it is just not worth the hassle short of serious amounts (10+ BTC).

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!