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printshop (OP)
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December 05, 2014, 03:25:34 PM |
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Hi. My name is Printshop and I take any and all loans. Each week I pay 10% of the total owed and I always pay back 150% of the loan.
That means it takes 10 weeks to pay back and you make 50% over that 10 weeks.
So if you loan me 10 BTC, I pay you back 15 BTC over a 10 week period, making ten equal payments of 1.5 BTC.
I will take these loans from anyone, provided the following conditions:
1. Loans must be made in whole amounts of BTC for sanity's sake.
2. You must leave OTC and/or BTT feedback during the loan stating how I am doing on my payments, and then after the loan.
The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!
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Nobitcoin
Legendary
 Offline
Activity: 966
Merit: 1000
In holiday we trust
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December 05, 2014, 03:32:34 PM |
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You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?
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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
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December 05, 2014, 03:36:03 PM |
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You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?
That's the feedback he gave someone else, not received. OP, are you willing to transfer the shares collaterized to a trusted escrow/the lender, and are you willing to always keep the collateral at 120% or more of the btc loaned? |
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monbux
Legendary
Offline
Activity: 1736
Merit: 1029
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December 05, 2014, 03:38:12 PM |
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That's insane. Why would you be paying 150% when you provide a legit collateral???
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Vod
Legendary
Offline
Activity: 3878
Merit: 3166
Licking my boob since 1970
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December 05, 2014, 03:42:16 PM |
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The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!
You have no feedback.  |
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LOBSTER
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December 05, 2014, 03:52:45 PM |
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Convert your existing shares to BTCitcoin and get a loan from a bank.
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printshop (OP)
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December 05, 2014, 04:14:48 PM |
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You would pay back a total of 300btc for 10 weeks right? Your feedback says that your account was hacked?
That's the feedback he gave someone else, not received. OP, are you willing to transfer the shares collaterized to a trusted escrow/the lender, and are you willing to always keep the collateral at 120% or more of the btc loaned? Yes, provided that dividends paid to the shareholders are forwarded to the lender to help pay off the loan. If I transfer the shares to the lender or to escrow, the dividends must be used to help repay the loan, and of course, returned to me after the loan. The 200 btc thing was more hyperbole than anything else. Upon reflection I don't think I would really want to borrow more than 20 or 30 BTC. I just want to borrow a smaller amount to test the waters so to speak, and expand my business a bit (I run some NXT AE funds). |
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printshop (OP)
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December 05, 2014, 04:15:27 PM |
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That's insane. Why would you be paying 150% when you provide a legit collateral???
I'll tell you if you sign an NDA. |
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Jackson86
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December 05, 2014, 10:09:25 PM |
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this can be a big loan , i think hard to find a people
who willing to lent you ,
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 05, 2014, 11:44:17 PM |
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I will lend 1 btc with120% collateral NXT (not ae)
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 06, 2014, 06:27:19 AM |
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no? yes?
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printshop (OP)
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December 08, 2014, 03:43:06 AM |
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no? yes?
Hi! As stated the collateral I am willing to put up are NXT AE assets held in escrow. I'm not willing to do anything else because I shouldn't have to, if I can't get the loan and I wait two weeks the need for the loan will pretty much disappear. Thanks tho. An optimal amount would be 5 BTC, repaying 7.5 BTC as stated. |
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 08, 2014, 03:51:20 AM |
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no? yes?
Hi! As stated the collateral I am willing to put up are NXT AE assets held in escrow. I'm not willing to do anything else because I shouldn't have to, if I can't get the loan and I wait two weeks the need for the loan will pretty much disappear. Thanks tho. An optimal amount would be 5 BTC, repaying 7.5 BTC as stated. what % of the borrowed amount are you willing to escrow? 120%? |
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Tstar
Legendary
Offline
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
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December 08, 2014, 12:00:53 PM |
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why don't you go to bank and ask for a loan
you will get at lower rates, and keep the rest to yourself so you won't need to ask for loan next time
i don't think anyone will lend you 200BTC online
find a offline person
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leen93
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December 08, 2014, 12:08:13 PM |
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fine, give me your btc address, i'll send you 200 BTC  |
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bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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December 08, 2014, 12:44:39 PM |
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fine, give me your btc address, i'll send you 200 BTC When you're so generous, send me 200 BTC also.  |
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hendracaw
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December 08, 2014, 01:20:51 PM |
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fine, give me your btc address, i'll send you 200 BTC wow... can you lend to me too..?? i just need 12 BTC i will pay back in 3 month + interest 5%/month...  |
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alesx.onfire
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December 10, 2014, 06:35:39 AM |
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fine, give me your btc address, i'll send you 200 BTC wow... can you lend to me too..?? i just need 12 BTC i will pay back in 3 month + interest 5%/month... still asking for a loan ??... ..... god.. |
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