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Author Topic: Requesting 100 BTC loan over 28 days  (Read 3543 times)
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February 24, 2012, 09:20:59 PM
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Hi guys,

I am looking for a loan of 100 BTC, this does not have to be all from one person if multiple people are willing to lend to me.
I realise I am a new member (only registered yesterday) however I have been lurking and reading for a while and my reason for registering is for posting this post.
Whilst I know I am trustworthy with the amount of scamming I have read about going on here recently and the anonymity of bitcoin I understand this may be not easy to believe. I am willing to do anything required to prove I am legit - open to suggestions on that one.

I would like this loan to be over 28 days with 10% interest (negociable) with 4 weekly repayments, again terms negociable.

I am happy to answer any/all questions.

Thanks for your time.

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February 24, 2012, 09:48:16 PM
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Why do you need 100BTC?  How are you planning on paying it back plus interest in 28 days?

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February 24, 2012, 09:51:48 PM
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Hi bo, thanks for your question.
I require the funds to settle another debt with much higher interest rate, so this will be saving me money in interest.
I am easily able to repay this from my salary which is paid weekly hence the weekly repayment dates.


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February 24, 2012, 10:04:19 PM
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Is your current loan a BTC loan?  If so, when is it due?

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February 24, 2012, 10:09:24 PM
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It is not another BTC loan, I have had no BTC loans/trades which again I understand puts me at higher risk, I wont default but only I know that I guess.

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February 24, 2012, 10:14:11 PM
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So what are you going to do with 100 Bitcoins?  Are you going to send them to the person(s) you owe?  Are you going to sell them and convert them to cash into your bank account and then pay your existing loan?

Do you have a Mtgox account?


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February 24, 2012, 10:19:24 PM
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Not any loan shark trouble my current lender is regulated but the interest rate is insane.
I am able to pay off my current loan in full by the end of the month however I will save a huge amount of interest even after conversion fees and interest if I were able to get the BTC loan, pay off my current debt in full and then settle this BTC loan weekly with my disposable income.
I am planning on doing exactly that bo and yes I do have a mtgox account


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February 24, 2012, 11:00:22 PM
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 Undecided Something doesn't sound quite right...

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February 25, 2012, 04:00:42 AM
 #9

Hi guys,

I am looking for a loan of 100 BTC, this does not have to be all from one person if multiple people are willing to lend to me.
I realise I am a new member (only registered yesterday) however I have been lurking and reading for a while and my reason for registering is for posting this post.
Whilst I know I am trustworthy with the amount of scamming I have read about going on here recently and the anonymity of bitcoin I understand this may be not easy to believe. I am willing to do anything required to prove I am legit - open to suggestions on that one.

I would like this loan to be over 28 days with 10% interest (negociable) with 4 weekly repayments, again terms negociable.

I am happy to answer any/all questions.

Thanks for your time.

I can fund 100 BTC and agree with the terms of repayment.  However, to ensure you're not a bot, I request a pic of yourself holding a piece of paper with your forum name on it, with a shoe on your head before I send.

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February 25, 2012, 08:08:30 AM
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lol i am not desperate enough to send a pic of a shoe on my head lol
i am legit and i appreciate its hard to believe but I am - any way i can verify that i will

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February 25, 2012, 08:36:45 AM
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oh, I would have appreciated it.  I was thinking of a random piece of fruit, but there is a subtle difference between a pineapple and a punnet of raspberries.  Beware the pointed stick (and if you understand the reference, I might fund some of this).
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February 25, 2012, 08:40:36 AM
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not sure what you mean patrick Smiley
so is anyone interested in helping? will be willing to do whatever required to prove legitimacy

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February 25, 2012, 08:46:42 AM
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not sure what you mean patrick Smiley
so is anyone interested in helping? will be willing to do whatever required to prove legitimacy
Lol
I was thinking of a banana rather than a shoe, but the fruit reference is something different (and not Time Bandits - also probably obscure).  Don't worry, watching in any case.

(Being sensible) I'm guessing you have a penalty interest at month end or something similar.  However, in the interest of openness it wouldn't hurt to explain who this non-loan shark entity is and what the deal is.

(But for now, I need to sleep off some wine and get up early for a semi-competitive run tomorrow (stupid event) - much easier being lazy.  So I'll check back again tomorrow.
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February 25, 2012, 09:03:24 AM
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I had an emergency and needed cash quickly so I took out a payday loan with horrendous interest rate - this was before I was aware of this forum - so if I can clear it I will save a lot of interest as the APR including fees per year is 4214%. I can repay this in full at any time, interest is calculated on a daily basis  so this would save a huge amount of money.

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February 25, 2012, 09:25:56 AM
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lol i am not desperate enough to send a pic of a shoe on my head lol
i am legit and i appreciate its hard to believe but I am - any way i can verify that i will

If your not desperate enough to do that you will not see a loan. Only an idiot is lending 100 BTC to a noob with such a low post count after the latest frauds here.

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February 25, 2012, 11:01:19 AM
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lol i am not desperate enough to send a pic of a shoe on my head lol
i am legit and i appreciate its hard to believe but I am - any way i can verify that i will

If your not desperate enough to do that you will not see a loan. Only an idiot is lending 100 BTC to a noob with such a low post count after the latest frauds here.
+1
Why should we loan that when you can go to your local bank?

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February 25, 2012, 11:06:53 AM
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Hi - thanks for your questions and concern which are all very valid.
I cannot go to my bank else I would have done that in the first place and not taken out such a high apr loan.
It was an emergency so I had to take it out and now I am just trying to lower the interest I am due to pay back.
It isnt a problem for me to pay back the loan on the terms I have already agreed however it makes financial sense if I can get this loan to pay it off and save quite a bit of money.
I also understand the problem with me being brand new to the forum with a low post count etc but to be honest I dont think post count and member age are that strong ways to score someones trust either. Like I said I am willing to verify my id, provide proof of earnings or anything else you require, only I know I am not going to scam and I understand this.

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February 25, 2012, 11:12:24 AM
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Hi - thanks for your questions and concern which are all very valid.
I cannot go to my bank else I would have done that in the first place and not taken out such a high apr loan.
It was an emergency so I had to take it out and now I am just trying to lower the interest I am due to pay back.
It isnt a problem for me to pay back the loan on the terms I have already agreed however it makes financial sense if I can get this loan to pay it off and save quite a bit of money.
I also understand the problem with me being brand new to the forum with a low post count etc but to be honest I dont think post count and member age are that strong ways to score someones trust either. Like I said I am willing to verify my id, provide proof of earnings or anything else you require, only I know I am not going to scam and I understand this.
Sorry to say so, but it looks like the only purpose you've registered in this forum is for this loan. Seriously, Turbor has a point here. Unless someone could do this loan with you physically in person and/or get really creditable information from you (like what the bank does when they give you a loan), there's a high chance that you're only one of those scammers we've met this couple of months here.

I might be wrong, but better be safe then sorry here (note:I'm paranoid  Smiley)

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February 25, 2012, 11:13:28 AM
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I cannot go to my bank...

Hmm... why not go to another bank then?

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February 25, 2012, 11:17:23 AM
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I have been open and upfront that the only reason I registered on this forum is to make this post however that in itself does not make me a scammer.
I also have said I will be more than happy to send verification of id/address/salary or anything else as I am not a scammer.
I also do understand that only I know this and everything you have said is very valid and I accept the fact I may not get a loan here but it is worth a try, if I do not get one it is not the end of the world however I would save some money if I did.

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