BTCJam +- 2btc left for 180 days to buy second miner.

[letuslook]

Hi Bitcointalk,

Is there anyone who would like to help me fund my second 180 days loan on BTCJam?
https://btcjam.com/listings/14441

3.9% per month interest and will pay always on time. I have some servers and other bitcoin mining equipment located in two other datacenters and my income is verified by BTCjam. The loan is currently funded for 18% and I hope the community will lend me the additional funds (instead of a local bank).

Please feel free to contact me if you have questions!

~ Luc

[Killerloop]

3.9% per month

Too low for a C rating and you have an active loan already

[letuslook]

Dear Killerloop,

Thank you for your quick reply! I am aware of the lower credit score. The other loan on btcjam causes the lower credit rating (had A- before). I tend to keep the same interest rate as with the other loan so that's why I choose 3.9% per month.

~ Luc

 

[Killerloop]

Dear Killerloop,

Thank you for your quick reply! I am aware of the lower credit score. The other loan on btcjam causes the lower credit rating (had A- before). I tend to keep the same interest rate as with the other loan so that's why I choose 3.9% per month.

~ Luc

BTCJam does the right thing, you look like an A- on paper but asking for a loan with an already existing one is extremely suspicious.
Pay back the first then we can talk.

Also here we ask for collateral before giving loans.
https://bitcointalk.org/index.php?topic=577765.0

[letuslook]

Hi Killerloop,

Thank you for your explanation, I know it a bit suspicious to get another loan but i didn't expect to buy another miner this soon (otherwise i would have amped up my first loan to 8 btc).

For Collateral i have the following:

1 Antminer S2  - 1500$ (approximate worth)
1 BFL lab jalapeno  - 100$
1 webhosting server including paid hosting for upcoming 6 months 2000$
1 Fibonacci.io pre-order account with over 850 $ in shares (+- 75 LTC)
1 Cex.io Account (140 Gh/s)
1 PBmining account with 106 Gh/s
1 ltcgear.com account (150$) (4Mh/s scrypt).

Various domain names worth (500 $)

I really don't expect to go default (or something must go terrible wrong) and i have never skipped a payment for anything (phone bill, monthly dorm rent etc).

Thanks!

~ Luc

[Killerloop]

For Collateral i have the following:

1 Cex.io Account (140 Gh/s)
1 PBmining account with 106 Gh/s

Only these are of worth, since only value that can be transfered to the lender is true collateral.

It is not enough to cover 2 BTC

EDIT: Unless you want to ship Antminer and such to the lender, it could cost a bit.

[letuslook]

Ok, i'll understand!

I would be glad if I could lend anything from the community to help me out with my second miner (preferably 10 users invest 0.2btc instead of 1 user invest 2 btc).

My btcjam loan will expire within 9 days, so if the loan is still not funded i'll probably go to the local bank.

*Sorry for not reading the rules for lending money on the forum about collateral!

Thanks and feel free to invest a few coins!
https://btcjam.com/listings/14441

~ Luc

[Killerloop]

For a collateral of 140 GHs I can lend you 0,83 BTC

[letuslook]

Can you lend me the money through btcjam (automatic payments etc)?

~ Luc

[Killerloop]

Can you lend me the money through btcjam (automatic payments etc)?

No thanks,
"somewhat" I prefer secured loans over unsecured BTCJam ones

Also I would charge 12-15%/month on such a long loan.