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Author Topic: Capital Loan for Mining (with 40BTC backup)  (Read 1902 times)
bitcoinkerala (OP)
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September 02, 2014, 11:36:02 PM
Last edit: September 04, 2014, 04:41:21 PM by bitcoinkerala
 #1

https://btcjam.com/listings/20811-capital-loan-for-mining-(with-40btc-backup)
Thanks for your trust and investments!

wasserman99
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September 03, 2014, 01:17:35 AM
 #2

I don't understand why you are borrowing 10 BTC if you have 4x that in a wallet you control. You loan is carrying an interest rate of over 40% so if you are planning on paying back the loan you are throwing your money away.

I know that tomatocage will make this offer, but I will as well. If you can provide 1,140 LTC as collateral I will fill your loan request, and will only charge you 20% interest (1/2 of what you are paying on your listing).

I have no trust so tomatocage can act as escrow for the collateral.

bitcoinkerala (OP)
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September 03, 2014, 11:25:26 AM
 #3

I don't understand why you are borrowing 10 BTC if you have 4x that in a wallet you control. You loan is carrying an interest rate of over 40% so if you are planning on paying back the loan you are throwing your money away.

I know that tomatocage will make this offer, but I will as well. If you can provide 1,140 LTC as collateral I will fill your loan request, and will only charge you 20% interest (1/2 of what you are paying on your listing).

I have no trust so tomatocage can act as escrow for the collateral.

this loan is for three months , so I pay 5 % each month ..
Please support this initiative and help fellow bitcoiner
Already got 10% of the investment

Justin00
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September 03, 2014, 01:19:48 PM
 #4

Why did you PM me to look at your loan ?
I don't give out free BTC

Good luck though Smiley

bitcoinkerala (OP)
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September 03, 2014, 01:46:04 PM
 #5

Why did you PM me to look at your loan ?
I don't give out free BTC

Good luck though Smiley

its not free BTC , how is it free BTC ? You will get it back in every month + interest

DubFX
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September 03, 2014, 04:35:31 PM
 #6

Why did you PM me to look at your loan ?
I don't give out free BTC

Good luck though Smiley

its not free BTC , how is it free BTC ? You will get it back in every month + interest
It's not nice to PM people that aren't offering loans, to give you money without collaterall. Don't do it if you want to avoid ban Wink
This also seems like too high risk loan.
dougg
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September 03, 2014, 04:42:06 PM
 #7

As aforementioned, why keep the 40 BTC back up and ask for BTC to invest? Idiocy at its finest.

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September 03, 2014, 04:59:55 PM
 #8

Thank you for bringing this to my attention, but at this time I will have to pass, unless you have some form of collateral (Litecoin is probably the best option). Let me know if so and I can have BTC in your wallet immediately.

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September 03, 2014, 06:15:22 PM
 #9

I'm blocking you for sending me a PM to redirect my attention to this thread. Looks like you've done that to a few others as well.

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September 03, 2014, 09:15:41 PM
 #10

I, too, reported the SPAM PM.   Angry

I post for interest - not signature spam.
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wasserman99
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September 03, 2014, 09:35:14 PM
 #11

I don't understand why you are borrowing 10 BTC if you have 4x that in a wallet you control. You loan is carrying an interest rate of over 40% so if you are planning on paying back the loan you are throwing your money away.

I know that tomatocage will make this offer, but I will as well. If you can provide 1,140 LTC as collateral I will fill your loan request, and will only charge you 20% interest (1/2 of what you are paying on your listing).

I have no trust so tomatocage can act as escrow for the collateral.

this loan is for three months , so I pay 5 % each month ..
Please support this initiative and help fellow bitcoiner
Already got 10% of the investment
Assuming you have LTC collateral then I can agree to 5% interest per month for three months.

bitcoinkerala (OP)
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September 03, 2014, 11:27:20 PM
 #12

Why did you PM me to look at your loan ?
I don't give out free BTC

Good luck though Smiley

its not free BTC , how is it free BTC ? You will get it back in every month + interest
It's not nice to PM people that aren't offering loans, to give you money without collaterall. Don't do it if you want to avoid ban Wink
This also seems like too high risk loan.

Can you please explain how this is a high risk loan ?

bitcoinkerala (OP)
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September 03, 2014, 11:39:43 PM
 #13

I don't understand why you are borrowing 10 BTC if you have 4x that in a wallet you control. You loan is carrying an interest rate of over 40% so if you are planning on paying back the loan you are throwing your money away.

I know that tomatocage will make this offer, but I will as well. If you can provide 1,140 LTC as collateral I will fill your loan request, and will only charge you 20% interest (1/2 of what you are paying on your listing).

I have no trust so tomatocage can act as escrow for the collateral.

this loan is for three months , so I pay 5 % each month ..
Please support this initiative and help fellow bitcoiner
Already got 10% of the investment
Assuming you have LTC collateral then I can agree to 5% interest per month for three months.

I am sorry but I cannot follow that terms . No one does that in BTCjam , even one line loan request in btcjam are getting funded with lower credit scoring . I have given my details in BTCjam  and tried to be as open as possible and some people in this forum is calling it high risk loan , Its better not to take loan from such Aholes. by the way thanks for your offer , but if you can fund me through btcjam you will get 5% , monthly. paying back in bitcoins will be impossible if the btc price jumps on December , so if you check the btcjam link , the loan is connected with BitstampUSD

bitcoinkerala (OP)
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September 04, 2014, 05:20:40 AM
 #14

I, too, reported the SPAM PM.   Angry

was not trying to spam , just trying to get your attention , thank you for reading my loan request

Tomatocage
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September 04, 2014, 05:29:32 AM
 #15

I can do this with the proper LTC or BTC collateral. I'll even beat your BTCJam loan by offering it for only 1% interest, and you can have it in your wallet immediately -- no need to wait for the BTCJam request to fill.

I totally understand not wanting to spend your own BTC, so once you pay back the loan, you'll get the entire 10 BTC (or LTC equiv) back. Let me know if this works for you Smiley

Recommended Exchanges: Binance.com | CelsiusNetwork
GPG ID: 4880D85C | 1% Escrow | 8% IPO/ICO Escrow services Temporarily Closed | Bitcointalk is the ONLY place where I use this name (No Skype/IRC/YIM/AIM/etc) | 13CsmTqGNwvFXb7tD9yFvJcEYCDTB8wQTS | Beware of these SCAM sites! | *Sponsored Link
bitcoinkerala (OP)
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September 04, 2014, 05:59:21 AM
 #16

I can do this with the proper LTC or BTC collateral. I'll even beat your BTCJam loan by offering it for only 1% interest, and you can have it in your wallet immediately -- no need to wait for the BTCJam request to fill.

I totally understand not wanting to spend your own BTC, so once you pay back the loan, you'll get the entire 10 BTC (or LTC equiv) back. Let me know if this works for you Smiley

The 40BTC is somewhat in a semi cold storage , that's why I am hesitant to pull 10 BTC from that address .
Then I have to go through a heck of step to put remaining coins to cold storage.
All the comments above hints that I am a scammer , but I am not , My case , my descirpion in btc jam is open as possible and I didn't think that being honest and open is also not welcomed in this forum ,

Those who have titles , I am broke give me you money without collateral was funded and all investor got fucked up.

I want to start a new bitcoin venture and I have no other forum where I can ask for little bit of support.(I am not asking free money)

For all those who have commented in this tread thank you for spending a few second from insulting members and reading my pitch.

Those who have made offers (wasserman99,Tomatocage )thanks alot , again thank you , but I would like to have funding through btcjam.

I know btcjam is not good enough for pro bitcoiners like you guys , but if you guys want a good percentage on the dollars in your bank , 5% each month a good offer from what ever offer you have in your bank

thank you.

NB: dont think someone will lick you balls if he/she needs help  , Help a honest bitcoiner if you can or else stop insulting



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September 04, 2014, 03:31:41 PM
 #17

I realize that my loan request may not be able to be filled by one person. So if anybody
can help out with sending any portion to 1FLaqMaLCgNoAY9R9rcRq842aTQgaMDmoT it would be greatly appreciated. This is why I want to keep it on btcjam since it's easier to allow for partial lenders.

thank you.

Uhm did you forget to log out?
extraKrispy
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September 04, 2014, 07:01:39 PM
 #18

Perhaps you could ask escrow.ms for a loan, since he's the one that trusts you.
bitcoinkerala (OP)
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September 04, 2014, 10:45:10 PM
 #19

Perhaps you could ask escrow.ms for a loan, since he's the one that trusts you.

 I have added new tag to the   address , it is same as my btcjam id . please go to my profle and you can find the same id number on the address bar

https://blockchain.info/address/1JKqqdrZYgFzYhgjdVHEzygfRiEuhSTL5k

https://btcjam.com/users/39914

loan listing is here https://btcjam.com/listings/20811-capital-loan-for-mining-(with-40btc-backup)

thanks

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September 05, 2014, 05:17:11 PM
 #20

I realize that my loan request may not be able to be filled by one person. So if anybody
can help out with sending any portion to 1FLaqMaLCgNoAY9R9rcRq842aTQgaMDmoT it would be greatly appreciated. This is why I want to keep it on btcjam since it's easier to allow for partial lenders.

thank you.

Uhm did you forget to log out?

  Summary - bitcoinkerala    Picture/Text
Name:    bitcoinkerala
Posts:    105
Activity:    56
Position:    Jr. Member
Date Registered:    July 15, 2014, 01:36:38 PM
Last Active:    Today at 01:09:05 PM
ICQ:    
AIM:    
MSN:    
YIM:    
Email:    ibtcin@gmail.com
Website:    btcjam.com
Current Status:    Online Online
Bitcoin address:    1FLaqMaLCgNoAY9R9rcRq842aTQgaMDmoT


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