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Author Topic: Need 30BTC - 14 days - 25% Interest  (Read 1385 times)
epiks (OP)
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July 23, 2012, 06:54:38 AM
Last edit: July 23, 2012, 09:17:27 PM by epiks
 #1

Hey guys, I've made a few successful trades here on Bitcoin Talk and have been a member for about a year. Back when I first got interested into bitcoins. Well, I just actually started trading them about a month or so ago. I've read not many people like giving out smaller loans but the only reason I'm asking for a small one is because I figured asking for a  150btc loan would be asking too much. This 30BTC loan may be asking too much as it is and I don't expect tons of offers, I figured I'd lay my cards out on the table and see if it goes anywhere. If not, no hard feelings btc-talk!

Loan Acquired - 37.5BTC to be repaid to piit79 on or before 08/07 to address: 1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY


Amount Needed: 30BTC
Amount Paid Back: 37.5BTC
Paid Back By: 14 Days (Latest)

Loan For:

(Short) - I'm buying a dedicated server. Its $1300 and I already have $1k to spend. I'd love to get the full $1300 in a loan but I figured thats asking too much.

(Long) - I used to run a network of game servers 2 years ago and used to spend $750-$1000 a month in server fees. I finally decided to pick it back up again and decided the most cost effective method would be to start purchasing servers rather than renting.

How I plan to pay it back:

Within days of having the server up I will start to see sales and by the end of the first week I should have it back. I'm not starting from scratch, I have all my old clients info and constantly receive emails asking if I'm still in business. I also earn money doing some SEO work its just that I already put all my "extra cash" back into the SEO biz. So if for whatever reason if something went wrong I have money coming in that I can pay you back with.

What if that fails?

It wont. However, for reassurance purposes. I have no problem whatsoever supplying a phone number, address, photo ID, etc. As collateral I also have this: https://bitcointalk.org/index.php?topic=91877.0  --  Or rather than a loan if you'd rather get an awesome gaming computer (just for considering my loan) I will knock off 10BTC from my already ridiculously cheap setup!

I've done a couple trades with Tarrant_01 and one with BCB - They should be more than happy to vouch for me that I'm at least an honest trader.
gweedo
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July 23, 2012, 07:26:12 AM
 #2

so if give you 30 BTC that is only ~$261 and you need $1300, that sounds kinda fishy where is the other $1039 coming from the is that the extra cash or SEO biz? and does this gaming servers company your starting have a site your only doing for those clients that you keep in contact with?
epiks (OP)
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July 23, 2012, 07:31:39 AM
 #3

so if give you 30 BTC that is only ~$261 and you need $1300, that sounds kinda fishy where is the other $1039 coming from the is that the extra cash or SEO biz? and does this gaming servers company your starting have a site your only doing for those clients that you keep in contact with?

As I stated. I already have around $1k. I only NEED the 30BTC to order the server. I said I would LIKE a loan for $1300 so I don't have to be totally broke. But I'm only asking for 30BTC since I'm new.

Does that make sense?

As far as the gaming server company. First I will contact my old clients and get the ball rolling. Once I get a sale or two I will pay to get my domain back from godaddy ($30) so I can get the site back up and attract new customers.

Thanks for reading my request!
gweedo
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July 23, 2012, 07:43:08 AM
 #4

see if I was to give you the $1300 of course in bitcoins, I wouldn't do a loan cause your going to take that loan and maybe make a boat load of money, if you have clients and your in the SEO game. If I was to do the $1300 loan, i would call it an investment and I do it for about 30% of your gaming server company. So what that would mean is I give you $1300 in bitcoins and every month, i would get 30% of the profits, but I would be your personal bank so if you needed to scale or get more servers you would come to me for more money.

Also if you want to get the 30btcs from me, I would need a payback of 40btcs even.
epiks (OP)
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July 23, 2012, 07:47:38 AM
 #5

As far as the % in the company I am going to have to respectfully decline. I know it will be successful. It already has a client-base and I am highly skilled at SEO and getting sites ranked #1 on Google. Profits will be over $5k+ per month. So a one-time loan of $1300 would not be worth paying out several thousand per month. I'd rather get the 30BTC loan from someone and just deal with "not as much spending money" for a couple weeks (when profit will start rolling in)

Asking for over 30%+ interest for a 14 day loan of 30btc is crazy. Straight taking advantage of, if you ask me. Maybe thats the norm around here?

Thanks for the offer!
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July 23, 2012, 07:52:36 AM
 #6

No problem, sorry we couldn't do a deal, good luck with everything!
piit79
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July 23, 2012, 12:18:46 PM
 #7

Hi, if you still need the loan I can lend you the 30 BTC for the offered interest of 25% for 14 days.
Please PM me the deposit address. If I deposit the coins today I will be expecting the repayment by 7 August the latest.

Pete
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July 23, 2012, 02:02:18 PM
 #8

Lent epics 30 BTC at 25% interest to be repaid no later than on 7 August.
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July 23, 2012, 03:53:52 PM
 #9

This one will go 100% smoothly and Epiks will repay on time.  Maybe even more than the agreed upon rate too.

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
epiks (OP)
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July 23, 2012, 09:15:03 PM
 #10

Lent epics 30 BTC at 25% interest to be repaid no later than on 7 August.

Thanks piit!

Borrowed 30BTC on 07/22 - Will repay 37.5BTC on or before 08/07 to address: 1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY
Tomatocage
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July 24, 2012, 08:17:15 AM
 #11

Lent epics 30 BTC at 25% interest to be repaid no later than on 7 August.

Thanks piit!

Borrowed 30BTC on 07/22 - Will repay 37.5BTC on or before 08/07 to address: 1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY

What was the transaction id of 30 BTC transfer?

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
piit79
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July 24, 2012, 12:47:35 PM
 #12

Lent epics 30 BTC at 25% interest to be repaid no later than on 7 August.

Thanks piit!

Borrowed 30BTC on 07/22 - Will repay 37.5BTC on or before 08/07 to address: 1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY

What was the transaction id of 30 BTC transfer?

The transaction id of the 30 BTC transfer to epics is 0c8870169c0dc73bc7c561d4aaa72836849f48fe2c1145772aa389845a518d8a.
epiks (OP)
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August 05, 2012, 11:46:00 AM
 #13

Loan paid in full! Thanks piit

I'm new to the blockchain thing but I think this might be the right link: http://blockchain.info/address/1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY
piit79
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August 05, 2012, 05:47:13 PM
 #14

Loan paid in full! Thanks piit

I'm new to the blockchain thing but I think this might be the right link: http://blockchain.info/address/1HSf3rgXzes3ufULuUHWwfBMHx6AnFtgaY

Repayment received, pleasure doing business with you epiks!
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August 05, 2012, 08:16:33 PM
 #15

lol
epiks (OP)
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August 05, 2012, 08:44:07 PM
 #16

Yeah, sorry about the mix up of the 0.5btc Tongue I don't know how I messed that up, I promise I wasn't trying to scam you haha Smiley
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