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Author Topic: Newbie GIVING out Loans Must See  (Read 2109 times)
Liberty Payout
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June 01, 2012, 04:21:06 AM
 #1

OK because of a lot of innuendo and out-uendo. I have decided to give out loans to prove I am legitimate to some degree. I understand noobies have a bad rapp, so I am trying to do some justice.

But there are initial steps that need to be taken, first I need to transfer my LR to BTC, I know you guys are weary about paypal so that's right I am using LR. Secondly since you guys like reaching out I am going to need some help. I need you guys to direct me to trusted sites/people to loan BTC to for good returns, as I am a newbie my eyes may not be able to identify a scam that you guys with months of experience can. Last but not least I need to know where I can purchase these BTCs for LR? Trusted people/sites? Looking for an instant transaction as both payments are irreversible.

Ok I am breaking the trend, I am not asking I am now giving. So please show some love and let me know below so I can start lending:

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PatrickHarnett
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June 01, 2012, 05:07:51 AM
 #2

So, you're sending LR to the BTC-e exchange?  They have some good prices for buying sometimes.

(also saw your "interesting" lending thread posts - seeing where this goes)
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June 01, 2012, 05:13:20 AM
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BTC loans courtesy of Bitcoinica  Grin
Liberty Payout
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June 01, 2012, 05:44:12 AM
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I am first looking to exchange LR to BTC. Then I want to lend BTC for a weekly/bi-weekly return. Just to develop some trust.
ShadowAlexey
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June 01, 2012, 06:53:58 AM
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How does giving out loans prove your trustworthiness?

NVCBank. BTC/LTC/NVC accepted.
My Bitmessage address: BM-Bc9dpmehK1ihtgHgXKVypTsDwmL4czMx .
฿: 1ShadowAM654zohrsjeso5pf9Sr4x4uYd Ł: LShadowAUpAy4r3yb2skZDe4vWFrLMNGtT ₪: 4ShadowA3DqkGv5zjLukcm88wSzvhbatsk
Liberty Payout
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June 01, 2012, 07:50:52 AM
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How does given out loans proof your trustworthiness?

*Prove
Is that a serious question? Doing exchanges, therefore increasing your trades, hence increasing your familiarity with money sensitive transactions. Think about what you're asking before you ask it. I'm not just giving out loans I am also buying BTC.
ShadowAlexey
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June 01, 2012, 08:03:40 AM
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Hm, let me say it another words, when you give loans, your are trusting some one, but he doesnt have to trust you, and when you give money it doesnt prove anything.
Trading btc to LR could mean something, but you`ll have to do it on regular basis and with big sums, and again, if you send trust full member LR and he pays you BTC , this doesn't prove anything, because you had no chance to do it wrong way)

NVCBank. BTC/LTC/NVC accepted.
My Bitmessage address: BM-Bc9dpmehK1ihtgHgXKVypTsDwmL4czMx .
฿: 1ShadowAM654zohrsjeso5pf9Sr4x4uYd Ł: LShadowAUpAy4r3yb2skZDe4vWFrLMNGtT ₪: 4ShadowA3DqkGv5zjLukcm88wSzvhbatsk
BIGMERVE
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June 01, 2012, 12:31:55 PM
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Hm, let me say it another words, when you give loans, your are trusting some one, but he doesnt have to trust you, and when you give money it doesnt prove anything.
Trading btc to LR could mean something, but you`ll have to do it on regular basis and with big sums, and again, if you send trust full member LR and he pays you BTC , this doesn't prove anything, because you had no chance to do it wrong way)

Shadow make a good point here. There is no way to scam people by giving out loans (unless you promise to give a loan and don't do it, which is not that significant). You would gain way more trust by taking out loans and repaying them.

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June 01, 2012, 06:10:48 PM
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Maybe someone should be offering high interest loans so newbs can earn rep.

Liberty Payout
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June 01, 2012, 06:19:13 PM
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Hm, let me say it another words, when you give loans, your are trusting some one, but he doesnt have to trust you, and when you give money it doesnt prove anything.
Trading btc to LR could mean something, but you`ll have to do it on regular basis and with big sums, and again, if you send trust full member LR and he pays you BTC , this doesn't prove anything, because you had no chance to do it wrong way)

Shadow make a good point here. There is no way to scam people by giving out loans (unless you promise to give a loan and don't do it, which is not that significant). You would gain way more trust by taking out loans and repaying them.

Yes but no one wants to give me loans. So let me explain the logic I had while offering this. I am first buying Bitcoins so I can familiarize myself with the market. Traders will leave me some rep.

I will be giving out loans primarily for some more familiarity and so people know that I am not just looking to take and run as I have contributed beyond means of my own personal gain. Then once I have established myself with trusted buyers and sellers, I can then go about my business throughout the forum, hopefully without all the crap I've been getting. If people ask where my reputation is, I will be able to say I have already handled XXX amount of money on the forum. If people don't think this is good I may open an official exchange thread. The only problem is that people will come there and slander me on no basis other then the fact that I am new. So I am trying to start somewhere.
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June 01, 2012, 06:54:46 PM
 #11

Idea about exchange, give some one loan\start deposit, and do exchanges , in case something goes wrong with you people will get money from your deposit)

NVCBank. BTC/LTC/NVC accepted.
My Bitmessage address: BM-Bc9dpmehK1ihtgHgXKVypTsDwmL4czMx .
฿: 1ShadowAM654zohrsjeso5pf9Sr4x4uYd Ł: LShadowAUpAy4r3yb2skZDe4vWFrLMNGtT ₪: 4ShadowA3DqkGv5zjLukcm88wSzvhbatsk
Liberty Payout
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June 02, 2012, 07:57:46 PM
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another thing that can help you with your rep/trust , is to stick around in the forum , you registered 3 days ago , I would say wait at least 2 months and have high post count, this shows that you are not leaving the forum any time soon , many take a loan and forget to pay back simply because they never wanted to stick around in the first place in this forum

oh and i can give you a loan, if you provide me with some info + picture

Hey I appreciate you offer, it means alot. Right now I'm not looking for a loan though. I was asking about the possible benefits/cons to a few ideas I was having. I'm thinking about going into mining but I wanted more info on equipment etc. Otherwise I may just go into stocks and invest for a return.
Liberty Payout
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June 02, 2012, 08:00:39 PM
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The only problem is that people will come there and slander me on no basis other then the fact that I am new. So I am trying to start somewhere.

yeah understand what you mean, if i was like you registered 3 days ago, and started an islamic bitcoin bank, i would have been called a scammer too and i would have never been able to start IBB , since i am anonymous

i came in at good time (last year), not many businesses around, registered on glbse and most were supportive

right now, you're better of creating a new username , participate in the forum (increase posts) , buy items with BTC from sellers in forum, increase your posts and then maybe you can ask loan later without someone calling you scammer



Are multiple accounts allowed? That's usually an insta-ban on most forums.
ShadowAlexey
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June 02, 2012, 10:50:50 PM
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What`s wrong with his current account?
Any way, he tried, if he`ll continue then he might try again.

NVCBank. BTC/LTC/NVC accepted.
My Bitmessage address: BM-Bc9dpmehK1ihtgHgXKVypTsDwmL4czMx .
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John (John K.)
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June 04, 2012, 01:47:18 AM
 #15

What`s wrong with his current account?
Any way, he tried, if he`ll continue then he might try again.

For starters, he is asking for a loan while simultaneously giving out loans.

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June 04, 2012, 04:09:25 AM
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The only problem is that people will come there and slander me on no basis other then the fact that I am new. So I am trying to start somewhere.

yeah understand what you mean, if i was like you registered 3 days ago, and started an islamic bitcoin bank, i would have been called a scammer too and i would have never been able to start IBB , since i am anonymous

i came in at good time (last year), not many businesses around, registered on glbse and most were supportive

right now, you're better of creating a new username , participate in the forum (increase posts) , buy items with BTC from sellers in forum, increase your posts and then maybe you can ask loan later without someone calling you scammer



Are multiple accounts allowed? That's usually an insta-ban on most forums.
Absolutely, unless you are a confirmed scammer (you'd know because you would have the scammer tag, and unless the evidence is EXTREMELY overwhelming, we would have also contacted you for your side of the story) or are currently banned on your main account. In fact, the moderation team isn't even allowed to disclose sockpuppet accounts (again, unless a confirmed scam took place).

That being said, you'd be better off just sticking with this account. You won't gain rep any faster with a new account, since I truly don't believe that you've lost any rep here.

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June 04, 2012, 06:50:10 AM
 #17

another thing that can help you with your rep/trust , is to stick around in the forum , you registered 3 days ago , I would say wait at least 2 months and have high post count, this shows that you are not leaving the forum any time soon , many take a loan and forget to pay back simply because they never wanted to stick around in the first place in this forum

oh and i can give you a loan, if you provide me with some info + picture

Hey I appreciate you offer, it means alot. Right now I'm not looking for a loan though. I was asking about the possible benefits/cons to a few ideas I was having. I'm thinking about going into mining but I wanted more info on equipment etc. Otherwise I may just go into stocks and invest for a return.
I highly suggest that you NOT go into mining at this point in time.  It is so much easier to just buy a bond or a stock in a good mining company than to try to create a profitable mining rig (a LOT harder than it sounds).  Check out this spreadsheet: 

https://docs.google.com/spreadsheet/pub?key=0Ai_uEhrsiYu0dHdObDIwbEFKcXJlX1ZLV3VRSjlycWc&single=true&gid=0&output=html

Look in the second column for "Perpetual mining bond" or "Mining operation", there are many of them.  I personally like GIGAMINING and YABMC because I know the guys running them but there are many to choose from.


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June 04, 2012, 07:00:58 AM
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I personally like GIGAMINING and YABMC because I know the guys running them but there are many to choose from.

I, on the other hand, personally like Cognitive and Synergy, because I'm fairly acquainted with the guy running those.

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June 04, 2012, 07:05:29 AM
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I personally like GIGAMINING and YABMC because I know the guys running them but there are many to choose from.

I, on the other hand, personally like Cognitive and Synergy, because I'm fairly acquainted with the guy running those.
I see what you did there.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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June 04, 2012, 07:30:42 AM
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I personally like GIGAMINING and YABMC because I know the guys running them but there are many to choose from.

I, on the other hand, personally like Cognitive and Synergy, because I'm fairly acquainted with the guy running those.

I heard that guy never needs to sleep. And that he's half man, half bear, half pig.
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