Please lock this topic.
Reason : U are still a newbie and u are asking a loan without collateral and a high loan amount. No one will lend u please lock this topic man. Hope u understand.
Topic: 2 BTC Loan (Read 485 times)
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Is 2btc small for you? wow, can't you see the first thread of this board? no collateral no loan? Can't you read? Better delete the thread if possible or any DT members will neg you.I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I guess my collateral is my ability to mine bitcoins with zero expenses. Simple
I can also use my current miners as collateral by placing the lender's pool information into my miner.
I'm going to show you a quote from Vod:
the original can be found here:
https://bitcointalksearch.org/topic/m.6311902
What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
The most important part of this quote:
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
Can you tell me how your collateral (the fact that you have low expenses or the fact that you claim you'll put the lender's address into the antminer) can be resold in case you run?
Thanks for the information merelcoin, I'll will work on my collateral and return.
lenoli, it was a simple question.
Oh boy... 2 btcs... Newbie account... No collateral...go to your bank or work for it while your hype being under control gosh...
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Is 2btc small for you? wow, can't you see the first thread of this board? no collateral no loan? Can't you read? Better delete the thread if possible or any DT members will neg you.I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I guess my collateral is my ability to mine bitcoins with zero expenses. Simple
I can also use my current miners as collateral by placing the lender's pool information into my miner.
I'm going to show you a quote from Vod:
the original can be found here:
https://bitcointalksearch.org/topic/m.6311902
What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
The most important part of this quote:
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
Can you tell me how your collateral (the fact that you have low expenses or the fact that you claim you'll put the lender's address into the antminer) can be resold in case you run?
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Is 2btc small for you? wow, can't you see the first thread of this board? no collateral no loan? Can't you read? Better delete the thread if possible or any DT members will neg you.I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I guess my collateral is my ability to mine bitcoins with zero expenses. Simple
I can also use my current miners as collateral by placing the lender's pool information into my miner.
are you really think that it is valid collateral? either you are thinking that we are idiots and you are trying to scam us, or you arenot thinking at all before telling us such a bullshits...
anyway, you willnot get any amount with this collateral
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Is 2btc small for you? wow, can't you see the first thread of this board? no collateral no loan? Can't you read? Better delete the thread if possible or any DT members will neg you.I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I guess my collateral is my ability to mine bitcoins with zero expenses. Simple
I can also use my current miners as collateral by placing the lender's pool information into my miner.
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Is 2btc small for you? wow, can't you see the first thread of this board? no collateral no loan? Can't you read? Better delete the thread if possible or any DT members will neg you. I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I am new to this, which is why I am asking for what the collateral is.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
you must offer your collateral , not we. you must tell us what you have worth of 2 btc, witch can be sent as collateral and we can left, if you will run with our money. for example: facebook or twiter account witch worst 2 BTC, steem account, alt coins or anything like it.
at the end, before asking loan, you must read rules.
good luck
Understood
I am new to this, which is why I am asking for what the collateral is.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
you must offer your collateral , not we. you must tell us what you have worth of 2 btc, witch can be sent as collateral and we can left, if you will run with our money. for example: facebook or twiter account witch worst 2 BTC, steem account, alt coins or anything like it.
at the end, before asking loan, you must read rules.
good luck
I am new to this, which is why I am asking for what the collateral is.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
What can I offer? What do you want? I am willing to cooperate and find a mutual solution.
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Good luck getting a loan without collateral also having only a newbie account.
Hey all,
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
I've just started up my mining farm with an S7 and S3, I am privileged to ran them at work in a server room, which means that I don't pay for internet usage, cooling and electricity.
I am seeking a small loan from this community to invest in an S9.
Please state your collateral/repayment terms.
Many thanks in advanve
Jump to: