Topic: 800 BTC loan request - 10% interest (Read 5193 times)

I appreciate your understanding and interest.   My next loan will definitely be considered a mundane purchase to most, but it is for something much more valuable and important.  It's nothing materialist or self serving, it's something for the greater good of all.

Regarding the old post you quoted, my plans and well being have evolved significantly. At the time I was hardly scraping by, now I have a house, land, a car, a fair amount of money and a much stronger plan.

Once that's accomplished, I'll come back here requesting an even bigger loan for some mundane purchase, coupled with providing further comic gold.


This is proof enough for me. I'm willing to invest 1/3 of what you desire, provided two other members on this forum also put up 1/3 each. It looks like you're going to get your bike, Dank. Drive safely!

~Cackling Bear~

What, no drunken riding!!  So your going to default and also not have any crazy stories to tell??  For shame!!

Now, have you narrowed down the brand of 600cc bike you'd like to buy??

Well, if you have nothing constructive to say and no loan to offer, I don't really know what the point is of posting.  I'm not atlas, I really don't know what to say to that.  If you've thought about investing but chose not to because [the risk is too high, he may be a scammer, he'll die on a motorcycle, etc.], you have allowed paranoia take a good opportunity from you.

And no, I'm not going to ride drunk.

Absolutely not. Haha. That's my 90cc "motorcycle", almost only by legal definition in MN law...   

I, at the chance of sounding lame, would not recommend a 600cc sportbike. Period. Too fast, too much maintenance, and the plastics. Fall once, and your bike's value goes down. Break any of it, and no one will buy it off you second-hand for any reasonable price.
If anything goes wrong with a smaller bike, like say, mine... I can dump an entirely new engine in there for about 200 bucks. Anything else breaks? Parts are available, easy.
And the bike is 39 years old...

Just my two bits, though I am aware that once you want a sport bike, you want a sport bike...
My lady wouldn't approve of my life expectancy after purchase, so I went a new route... (Arguably a more fun one, since people have pulled over to watch me go by before. )

Soon as i read 600 cc motorcycle I had to read the entire thread.

Ok so your looking for a $4000-5000 with gear.

I bet this means a Sportbike of some sorts.

Lets say you find a user sportbike for $4500 (New Sportbikes are 8k+ for 600's) . Just to be in the middle.. $500  in gear.. Helmet.. jacket.. gloves...

Your at $5000

Now who is going to maintain this bike? Service alone is going to cost you $75 an hour on the cheap side.

Ok.. so you say your going to find one that doesnt need any service.. fine.

You said you wont stunt or ride drunk.. Yeah right.. its a 600.. i have been riding for over 20 years.. believe me your going to try a wheelie atleast.. we all do. Dont fool yourself. BTW.. I ran a dealership for years. I heard this all the time from my customers and laughed.

Now.. who is going to pay for the insurance? Sportbike insurance is the highest for any vehicle out there. Lets not even get started about the age Ohh yeah a dealership wont ever talk about insurance for a Sportbike as you cannot roll the bike off the showroom floor without insurance..  (ok ok.. unless you pay cash)

My biggest question for you. Who is going to pay if the bike is dropped. Hey guess what.. it happens. Even the best riders go down. Gravel, oil, water, anti-freeze.

I just had fun reading this thread and wanted to respond Good luck with your loan and keep the rubber side down



 

Erm, this sure smells like atlas.

Every silly comment, response, self-godness, reeks of atlas.

The funniest comment where he will have tons of money in the future with no issue to repay but right now he cant afford $6000 for luxury items, thats a huge redflag and any investor must be suicidal.

Are you sure thats 600cc?

How about one like this? This one only cost me 180 BTC...

Why not get the bike with conventional financing.  Then use the extra money you have from the better milage to purchase bitcoin's (building rep).  Then lend the purchased BTC out, building even more rep!!  Oh and post pics of the bike once you get it!!

Yes, I already addressed that my goal is not to save money.  My goal is to a) get a 600cc bike and b) further prove that I'm a reliable investment.

This quote sums this entire thread up fairly nicely:

You might have better luck asking for the funds to get a 50cc chinese scooter. If your goal is to save money, those things get 70-100MPG, and are great for driving around town. Obviously if you need to get on the highway super often (commuting or such) that's not an option, as they have a top speed of ~45mph. In my state you don't have to register or insure anything under 50ccs, so mine was a great way to save money.

Just sayin', asking for a large sum at low interest to buy something many see as dangerous (and won't get AMAZING gas mileage anyway) doesn't make too much sense for the investor.

Doh!!  Its gonna take awhile to get this one funded at that rate!

0 btc for this.

How much do you have so far?

The next one will be better if I can get a loan for this already.

Hit the nail on the head.  I also really enjoy reading your threads - always good for a belly laugh.  Keep up the good work!

What relevance does that have to do with the thread?

Nothing is comical about a bike that will do 230 mph..