[Closed] Requesting a medium loan for 30 days, 10-20%

[Honeypot]

Amount: 3-5 btc (negotiable)

Duration: 30 days (can be paid back earlier depending on negotiations)

Repayment amount: Principle + 10% interest (3.3-5.5 btc) again, negotiable up to 20%.

Loan purpose: I am deeply involved in btc trades and also in the altcoin scene. My previous transactions in the trust category can speak for themselves. At the moment I am building up capital for a significant investment into a proven technology and trading projects that should take off soon. Feel free to ask me any question about my past trades and purposes for this loan.

I can provide a collateral in different coins to cover most of the loan at the current market price, if that would ease your concerns due to this request being a relatively large amount. Escrow will be the one we both agree on that can be trusted to hold the collateral.

Edit: Also, you can say my collateral is my reputation not only on btc talk forum trading reputation, but also my crypto reputation in general (irc, twitter, other forums etc) since people i work with know my forum handle. I would like to state this just to make clear what I am proposing.

Thank you for taking time to read this request - I have posted in several threads seeking a loan for similar conditions. Anyone who comes first will have priority in terms of negotiations.

[marcotheminer]

Will you accept anything lower than 0.5btc?

[Honeypot]

Will you accept anything lower than 0.5btc?

pm sent, might be confusing threads.

[marcotheminer]

Will you accept anything lower than 0.5btc?

pm sent, might be confusing threads.

Yep, lets talk in my thread!

[Honeypot]

Still open, taking offers. Amount of coins offered up can easily cover over 3 btc in current market value, with plenty of room to grow.

[haploid23]

Amount: 3-5 btc (negotiable)

Just so you know, requesting an amount this size will be extremely hard to get. Generally loans here are short term micro loans. Other than the larger loans that I give out, there has only been one other instance of a successful loan over 1btc size. What you're requesting is multiple times this amount.

[Honeypot]

Amount: 3-5 btc (negotiable)

Just so you know, requesting an amount this size will be extremely hard to get. Generally loans here are short term micro loans. Other than the larger loans that I give out, there has only been one other instance of a successful loan over 1btc size. What you're requesting is multiple times this amount.

Hm yes I understand your concern. If you check my trading and trust history, I completed a loan for 1.85 btc with corresponding collateral within a similar duration period some time ago, with periodic partial payments made appropriately.

I fully understand such concerns, so aside from escrow and other means, you are welcome to suggest any other means to help complete this loan.

[haploid23]

Sorry let me clarify. During the past few short months that I've been here, there was only one instance of a loan over 1btc besides a few of my loans. I'm sure in the past before I was active in this section, there were a lot more, your 1.85 btc being one of them.


You use it to trade btc, but what if it moves against you, or you make bad trades? You're also mainly involved in altcoins, which majority of them are pump and dump failures. You offer collateral in altcoins (which ones specifically?), but what if the collateral value tanks during this 30 day period? All of these that I just mentioned result in losses, so in the event it does happen, how will you pay back the loan if you lose all or most of it?

What I do for some of the loans I give out, depending on the case, is to force the borrower to have a plan of repayment and also provide proof of income/mining. So perhaps you can provide the same to boost up a lender's confidence. Proof of income is one thing, actually sending it back is another matter, so we won't get into that.

[Honeypot]

Sorry let me clarify. During the past few short months that I've been here, there was only one instance of a loan over 1btc besides a few of my loans. I'm sure in the past before I was active in this section, there were a lot more, your 1.85 btc being one of them.


You use it to trade btc, but what if it moves against you, or you make bad trades? You're also mainly involved in altcoins, which majority of them are pump and dump failures. You offer collateral in altcoins (which ones specifically?), but what if the collateral value tanks during this 30 day period? All of these that I just mentioned result in losses, so in the event it does happen, how will you pay back the loan if you lose all or most of it?

What I do for some of the loans I give out, depending on the case, is to force the borrower to have a plan of repayment and also provide proof of income/mining. So perhaps you can provide the same to boost up a lender's confidence. Proof of income is one thing, actually sending it back is another matter, so we won't get into that.

Good advice.

I cannot reveal all my trading activities, but suffice to say that if I lose out, I have enough liquid to pay the maximum amount back in full if necessary. The publicly available activities are but only the surface of the trades I am engaged in. I am sure you can understand where I am coming from.

The main goal of this loan is two fold: To increase my current liquid holdings of btc for trading purposes, and also to build an open trading record that reflects my ability to handle larger amounts of btc whether it be loans or otherwise.

You are right, I have been here for a while and have made numerous trades and deals - and I must say it was a very rewarding experience. I hope to continue building my trading reputation and thus I believe right now is a good time to re engage in some contracts.

If you have further questions, I would be glad to answer them, here or pm. I apologize for the vague nature of my reply, but I hope you will forgive me since some details must be kept private due to the nature of the market. 

[Honeypot]

Update: Periodic partial payment and shorter term being considered. Please post your offers.

[monbux]

I can loan you around 1 BTC, depends on your collateral though.
Could you please post your collateral here, or PM me it?

[Barney Gumble]

i could jump in for 1BTC depends on your collateral and because i am newbie yhr collateral should be paid to a highrank member

[DiamondCardz]

Sorry let me clarify. During the past few short months that I've been here, there was only one instance of a loan over 1btc besides a few of my loans. I'm sure in the past before I was active in this section, there were a lot more, your 1.85 btc being one of them.


You use it to trade btc, but what if it moves against you, or you make bad trades? You're also mainly involved in altcoins, which majority of them are pump and dump failures. You offer collateral in altcoins (which ones specifically?), but what if the collateral value tanks during this 30 day period? All of these that I just mentioned result in losses, so in the event it does happen, how will you pay back the loan if you lose all or most of it?

What I do for some of the loans I give out, depending on the case, is to force the borrower to have a plan of repayment and also provide proof of income/mining. So perhaps you can provide the same to boost up a lender's confidence. Proof of income is one thing, actually sending it back is another matter, so we won't get into that.

Large loans happen here. I used to police the Lending forum quite vigorously and I still check it occasionally, so I know the scene.

[justbtcme]

I just got this from OP alt account or someone impersonating him to ask for a loan from me via PM.

Hi - this is my other account. My main trading account on btc talk is Honeypot, but it is having some problems at the moment that should be cleared up within days.

Please take time to review and look through my loan contract offer:

https://bitcointalk.org/index.php?topic=751645.new#new

[Honeypot]

I just got this from OP alt account or someone impersonating him to ask for a loan from me via PM.

Hi - this is my other account. My main trading account on btc talk is Honeypot, but it is having some problems at the moment that should be cleared up within days.

Please take time to review and look through my loan contract offer:

https://bitcointalk.org/index.php?topic=751645.new#new

Confirming that we are one in the same. My main account here is back online more or less.

Offer still ongoing.

[P4ndoraBox7]

I would like ur offer but I'm still new here...Still need to make some trust heh, but nice to meet you honeypot.

[Honeypot]

I would like ur offer but I'm still new here...Still need to make some trust heh, but nice to meet you honeypot.

Likewise. If you would like, we can use a mutually trusted escrow (quite a number of such people here in the forums have done work in the past, certainly handled larger than 5 btc in terms of escrow) to fulfill the offering.


This will also give you a chance to build up trust and trading history here in the forums.

Welcome to the forums.

[haploid23]

I would like ur offer but I'm still new here...Still need to make some trust heh, but nice to meet you honeypot.

Likewise. If you would like, we can use a mutually trusted escrow (quite a number of such people here in the forums have done work in the past, certainly handled larger than 5 btc in terms of escrow) to fulfill the offering.

He's not offering to give the loan. I think he's just introducing himself, thinking that will build his trust for a loan he's trying to get here  :

https://bitcointalk.org/index.php?topic=766155.0

[P4ndoraBox7]

ah gosh haploid  -_- Can you give some advice instead of trying to put me down, you started somewhere too dude.

[Honeypot]

Offer still ongoing. All interested parties are free to post here and/or pm me.