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Author Topic: .04 BTC Loan, for Mining Contract  (Read 1309 times)
nkocevar (OP)
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July 15, 2014, 03:31:53 PM
Last edit: July 15, 2014, 04:37:42 PM by nkocevar
 #1

Hello it's Noah. I have found that I have the opportunity to purchase a 4 TH/s 24 Hour BTC mining contract. BUT FOR $25! Right now I have no coins, but I do have trust, and hopefully that could help. I am willing to a .04 BTC loan to be paid back either in 48 Hours with a end total of .055 BTC when I receive payment from the contract, or, if it turns out to be a scam (which it shouldn't be because the website has a good rating), I will pay back .065 on August 18th When I receive my earning from primedice. This contract would allow me to earn $73 in 24 hours, so that would be enough to pay back the .055 BTC.

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monbux
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July 15, 2014, 03:39:10 PM
 #2

Is this a special promotional offer or something?  Why is this person giving you $70 for $25?  You say he has good rep, but you've got to admit, it smells pretty fishy.
nkocevar (OP)
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July 15, 2014, 03:41:11 PM
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Is this a special promotional offer or something?  Why is this person giving you $70 for $25?  You say he has good rep, but you've got to admit, it smells pretty fishy.

That is a good question, the thing is you can use escrow. So I wouldve thought this is worth it if I can use escrow.

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July 15, 2014, 03:41:39 PM
 #4

So you are bumping your money from 25 to 75 i can do this loan if you can give me a collateral Smiley
nkocevar (OP)
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July 15, 2014, 03:43:18 PM
 #5

So you are bumping your money from 25 to 75 i can do this loan if you can give me a collateral Smiley

As I said I have no alt coins or anything of the sort. I do have a sig campaign backup as well as 460 dollars in a savings account. I can provide a screenshot of my account if you want but I will not send any funds unless this turns out to be a scam.

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July 15, 2014, 03:44:52 PM
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So you are bumping your money from 25 to 75 i can do this loan if you can give me a collateral Smiley

As I said I have no alt coins or anything of the sort. I do have a sig campaign backup as well as 460 dollars in a savings account. I can provide a screenshot of my account if you want but I will not send any funds unless this turns out to be a scam.

why dont you get out only 0.03 btc from your account :?
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July 15, 2014, 03:46:03 PM
 #7

You're passing the risk on to the lender because you just said that if you get scamed, payment won't be in 48 hours. If you think about it, why would the person renting out the btc mining contract do it for 0.04btc when they could earn 0.1168 btc in 24 hours?

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July 15, 2014, 03:47:14 PM
 #8

I really want to do this loan but i dont want to lose my coins but if you can give me altcoin or collateral then it will be good Smiley
nkocevar (OP)
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July 15, 2014, 03:55:59 PM
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I really want to do this loan but i dont want to lose my coins but if you can give me altcoin or collateral then it will be good Smiley

It's all about risk and possible return. Either way you will get your coins back, whether its in 48 hours, or on august 18th when I get my sig payment. 

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July 15, 2014, 04:07:11 PM
 #10

*EDIT*

In order to use the escrow service on this site, Im must provide an additional 1% to the site to pay for it. Therefore the loan would be .0415 to cover tx fees and so on.

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July 15, 2014, 04:24:13 PM
 #11

I can do this loan whats addy
nkocevar (OP)
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July 15, 2014, 04:29:20 PM
 #12

I can do this loan whats addy

13RD3UjsehA5wfzrs3vxgAnwpHpHhXWNmd

Confirm Loan details:

Loan of .0415 BTC to be paid back either in 48 hours ( for .055 BTC) or on august 18th (for .065) when I get payment from PD for that month.

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July 15, 2014, 04:34:51 PM
 #13

Now that it doesn't matter anymore, would you mind sharing the source of this mining contract? I'm highly skeptical that it cost only $25 but you make $75 in a day. It's only a one day contract, why would they lose this much profit?

nkocevar (OP)
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July 15, 2014, 04:37:57 PM
 #14

Now that it doesn't matter anymore, would you mind sharing the source of this mining contract? I'm highly skeptical that it cost only $25 but you make $75 in a day. It's only a one day contract, why would they lose this much profit?

 I will PM it to you soon. It is like an ebay for bitcoin website and he is selling a contract.

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July 15, 2014, 04:40:53 PM
 #15

https://blockchain.info/tx/9cd916069d32bb814f28c33485201548d56708cd987ad75d1aafc86bfa624c8a

Just send back to same wallet: 1BLazedp2eGDrDM3NMbxkn7n4PCCk6WYVX
nkocevar (OP)
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July 15, 2014, 06:13:00 PM
 #16

https://blockchain.info/tx/9cd916069d32bb814f28c33485201548d56708cd987ad75d1aafc86bfa624c8a

Just send back to same wallet: 1BLazedp2eGDrDM3NMbxkn7n4PCCk6WYVX

Payment for contract has been sent. I should be getting info soon.

haploid23
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July 16, 2014, 06:50:47 PM
 #17

So was your mining contract legit, or was it a scam?

KaChingCoinDev
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July 16, 2014, 06:55:07 PM
 #18

Was it on MiningRigRentals.com?
nkocevar (OP)
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July 16, 2014, 06:55:25 PM
 #19

So was your mining contract legit, or was it a scam?

I should be getting payment in an 3 or 4 hours, if not It was a scam.

nkocevar (OP)
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July 16, 2014, 06:57:02 PM
 #20


No it was not on that site. It was on crytpothrift. He was doing an introductory offer.

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