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Author Topic: 800 BTC loan request - 10% interest  (Read 5194 times)
dank (OP)
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April 30, 2012, 05:34:05 PM
Last edit: May 25, 2012, 06:32:07 PM by dank
 #1

Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  My goal is to pay it back within 4 months but I don't see it taking more than 6.

1200 BTC loan - 10% monthly interest - 8 months max

If you'd prefer we can setup a monthly payment plan.

400 BTC pending by Phinnaeus Gage
800 BTC remaining

Thanks for your continued support and business.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
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imsaguy
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April 30, 2012, 05:37:43 PM
 #2

Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 10 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

If you'd prefer we can setup a monthly payment plan.

Thanks for your continued support and business.

To clarify, the 10 months - 40% is 40% over all 10 months or is it 40% per month?

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Payment Address: http://btc.to/5r6
dank (OP)
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April 30, 2012, 05:39:27 PM
 #3

Hello my fellow lenders, I have sold $300 worth of Amazon gift cards to members of this forum without issue.  I've provided custom graphic design services to a few members on this forum.  My previous track record looks something like this:

Multiple 10 BTC loans from senbonzakura.
10 BTC loan from nebulus.
28 BTC loan from Tril.
78 BTC loan from Tril.
80 BTC loan from znort.

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 10 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

If you'd prefer we can setup a monthly payment plan.

Thanks for your continued support and business.

To clarify, the 10 months - 40% is 40% over all 10 months or is it 40% per month?
Over all 10 months.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
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imsaguy
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April 30, 2012, 05:51:44 PM
 #4

2 months - 10%
3 months - 15%
4 months - 20%
5 months - 25%
6 months - 30%
8 months - 35%
10 months - 40%

10% / 2 months = 5%/month
15% / 3 months = 5%/month
20% / 4 months = 5%/month
25% / 5 months = 5%/month
30% / 6 months = 5%/month
35% / 8 months = 4.375%/month
40% / 10 months = 4%/month

Kinda backwards.

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
dank (OP)
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April 30, 2012, 05:55:58 PM
 #5

You're right, I adjusted it down to 8 months at 5% monthly.

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April 30, 2012, 05:56:21 PM
 #6

From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?

dank (OP)
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April 30, 2012, 06:02:52 PM
 #7

From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?
I will have more than enough to repay the loan within the next 2-8 months.  I'm not interested in dealing with financial institutions and would prefer not to disclose information regarding the title.  I'm not 100% on which bike yet.  The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back, which I don't see happening.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
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grue
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April 30, 2012, 06:34:05 PM
 #8

80 BTC to a 1200 BTC loan is still a big leap. I doubt most people will loan to you if you don't tell them about the details of the motorcycle.

It is pitch black. You are likely to be eaten by a grue.

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dank (OP)
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April 30, 2012, 07:06:39 PM
 #9

80 BTC to a 1200 BTC loan is still a big leap. I doubt most people will loan to you if you don't tell them about the details of the motorcycle.
I'm trying to make a name for myself and would not ruin my opportunity for future loans. I understand it's good to be skeptical in this line of business but I would not be active on these forums for nearly a year if my intent was to scam anybody.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
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terrytibbs
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April 30, 2012, 07:10:12 PM
 #10

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
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April 30, 2012, 08:15:07 PM
 #11

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?

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dank (OP)
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April 30, 2012, 08:39:00 PM
 #12

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
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April 30, 2012, 10:03:47 PM
 #13

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
silverbox
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April 30, 2012, 10:04:48 PM
 #14


This loan is for a motorcycle

Make, model, year?
dank (OP)
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April 30, 2012, 10:19:07 PM
 #15

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
danieldaniel
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April 30, 2012, 10:25:25 PM
 #16

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.
But in another post, you said that there was a "lack of capital"...

How can you handle it if there is a lack of capital?

Reference:
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

dank (OP)
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April 30, 2012, 10:39:26 PM
 #17

The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.
Assuming we fix it to BTC, and the exchange rate doubles, what will you do to get ahold of the funds required?
Doubling won't be a problem.  As long as it doesn't raise 1000%, I think I can handle it.


This loan is for a motorcycle

Make, model, year?

Not completely sure yet.
But in another post, you said that there was a "lack of capital"...

How can you handle it if there is a lack of capital?

Reference:
The way I see it, worst case scenario, I'll have to sell the bike because I do not have enough to pay back,

This is a request for a BTC loan?

What if the BTC/USD exchange rate doubles?
We can fix it to USD if you wish but I have no issue either way.

I would not be active on these forums for nearly a year if my intent was to scam anybody.
Why not? How can we know your motives are the same now as they were then? 1200 BTC is a lot of money for a total of 5 days, 23 hours and 21 minutes of time spent on an internet forum.
My motives are stronger than they were then, I am only restrained by lack of capital.  I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
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April 30, 2012, 10:52:48 PM
 #18

I will have much more capital in the months to come, it's the initial investments that I need.
Much much more:
What do you need the loan for?  How will you get the BTC to pay back the lender(s).  What do you have for collateral?  What is your business plan?
To save the world.  The same way I did before.  No collateral other than my soul.  TMI to post here.


Just because you repaid a smaller loan, doesn't mean you will repay a larger loan.  Readily admitting you're going to ask for larger and larger loans sends up a huge red flag.
I am readily admitting it because I plan on becoming a billionaire, which involves larger amounts of money.  Why would I not scam someone for $400, then scam someone for $2000 when I could be making thousands, millions or billions more?
dank (OP)
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April 30, 2012, 11:09:43 PM
 #19

I will have much more capital in the months to come, it's the initial investments that I need.
Much much more:
What do you need the loan for?  How will you get the BTC to pay back the lender(s).  What do you have for collateral?  What is your business plan?
To save the world.  The same way I did before.  No collateral other than my soul.  TMI to post here.


Just because you repaid a smaller loan, doesn't mean you will repay a larger loan.  Readily admitting you're going to ask for larger and larger loans sends up a huge red flag.
I am readily admitting it because I plan on becoming a billionaire, which involves larger amounts of money.  Why would I not scam someone for $400, then scam someone for $2000 when I could be making thousands, millions or billions more?
Correct.  I'm going to be an aspiring guitarist in time to come.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
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May 01, 2012, 12:31:52 AM
 #20

You always have the most entertaining loan threads.
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