Author

Topic: Best way to make btc? (Read 4538 times)

hero member
Activity: 504
Merit: 500
June 15, 2013, 01:27:13 PM
#17
From PM:

Hi,

Yeah I can do that. If you still need the loan please quote this PM and reply with "I agree to these terms" and include your BTC address.

Loan of 5BTC, with repayment of 5.125BTC on or before 18th/June to

I agree to these terms

My address is


Thanks Blazr

Repaid a few days early , thanks alot!
hero member
Activity: 1778
Merit: 764
www.V.systems
May 04, 2013, 12:18:38 PM
#16
You *probably know me. I have *probably spoken to you. Let me know if I am eligible Grin
legendary
Activity: 1792
Merit: 1000
March 06, 2013, 06:58:02 PM
#15
Loan to Scott Jr

Loan amount: $400
Monthly interest: 6%
Min. payment: $130

Loan to be funded and repaid using Gox codes
Confirmed.

Thank you Smiley
sr. member
Activity: 462
Merit: 250
February 18, 2013, 12:05:52 AM
#14
whats rate for 20 btc for 30 days?
hero member
Activity: 658
Merit: 500
Caveat Emptor
February 15, 2013, 08:12:33 AM
#13
Thanks Blazr, thats exactly what I needed to know.

On a related note, I have made the repayment today, heres the txid:

https://blockchain.info/tx/3db5bd94a93e0672f95fb6f3f74545bf11750a7b2f83b5ad4bb9b08df893c6eb
hero member
Activity: 658
Merit: 500
Caveat Emptor
February 12, 2013, 09:13:46 AM
#12
I have begun to accumulate coins once again so repayment should commence as planned Smiley

Just for future reference though: do you have any terms regarding BTC value fluctuations? If there is a percentage threshold it goes over, can we lock it down to a dollar amount (example BTC value goes up 20%, loan rate gets frozen at an agreed upon $ rate)?

Or would you prefer it to be free floating and not pegged to a USD worth?

With the volatile nature of BTC it could be worth a thought or two maybe.

Cheers.
vip
Activity: 1316
Merit: 1043
👻
February 10, 2013, 06:24:05 AM
#11
Just curious but what is the typical usage case for someone receiving one of these loans?
The same use for credit cards?  Cheesy
sr. member
Activity: 294
Merit: 250
February 09, 2013, 12:04:00 AM
#10
Just curious but what is the typical usage case for someone receiving one of these loans?
hero member
Activity: 658
Merit: 500
Caveat Emptor
January 30, 2013, 09:37:56 AM
#9
Loan from Blazr

Amount: 15BTC
Due Date: 16/02/13
Repayment amount: 16.5BTC
Late fees: 1%/day
Funding address:  19o9VkNNdNRC9X4Uwg3Xq84nYvdGa6mabB

Loan to be repaid to 1LHGZ68XFkHb3phaBNwNqtz14fKoESMvHK
member
Activity: 112
Merit: 16
January 18, 2013, 03:03:37 PM
#8
I don't need a loan, so this is simply out of curiosity: do you only lend to miners? I see that you look for verification of mining income, but not any other source of income.

I'll lend to anyone I feel will repay on time (including miners & non-miners). Those verification steps are optional.

I gotcha. Do you ever ask for income statements from other borrowers (or recommend they have them), like pay stubs or something? I could see those adding assurance that the borrower can pay their debt.
member
Activity: 112
Merit: 16
January 18, 2013, 11:59:25 AM
#7
I don't need a loan, so this is simply out of curiosity: do you only lend to miners? I see that you look for verification of mining income, but not any other source of income.
hero member
Activity: 658
Merit: 500
Caveat Emptor
January 15, 2013, 06:58:31 AM
#6
Loan from Blazr

Amount: 10BTC
Due Date: 31st/01/13
Repayment amount: 10.5BTC
Late fees: 2%/day
Funding address:  1N8hrdssnmRMwzmkFcDZasnxkWSiaD1FDz

Loan to be repaid to 1LHGZ68XFkHb3phaBNwNqtz14fKoESMvHK

Sent.
https://blockchain.info/tx/b364a005e69f9c08525b5b3ad342d57b0a6fcbc4d5b61486331895b08bb6ff21

Repaid:

https://blockchain.info/tx/8e4b8ff165ceed8763794769990a9e7dd31b5a961f87bee9e8558309538efa45

hero member
Activity: 658
Merit: 500
Caveat Emptor
January 11, 2013, 10:47:27 AM
#5
Loan from Blazr

Amount: 10BTC
Due Date: 31st/01/13
Repayment amount: 10.5BTC
Late fees: 2%/day
Funding address:  1N8hrdssnmRMwzmkFcDZasnxkWSiaD1FDz

Loan to be repaid to 1LHGZ68XFkHb3phaBNwNqtz14fKoESMvHK
vip
Activity: 1316
Merit: 1043
👻
January 10, 2013, 05:53:43 AM
#4
Nice attempt and hell about time that someone starts inflating this ridiculous high interest expectations here (5-10% is still high, though).

5-10% isn't really a high interest rate. The best rate most people can get from a traditional bank for a loan with no collateral is around 2.25% monthly, and thats usually only for longer period loans.

Check out this company:
https://www.wonga.com/

Quote
Representative APR 4214%

They offer exactly what I offer except they deal in fiat money. In the scale of things, 5-10% isn't really that bad for a 30 day loan.
Agreed. It depends on the duration, amount, and most importantly the risk.
legendary
Activity: 1232
Merit: 1001
January 08, 2013, 02:24:10 PM
#3
When will you start accepting "inverstors" (just kidding)

Nice attempt and hell about time that someone starts inflating this ridiculous high interest expectations here (5-10% is still high, though).
hero member
Activity: 868
Merit: 1000
January 05, 2013, 07:17:45 AM
#2
Finally, a decent thread in this forum.  Looks like you've put some thought into how to mitigate your risk which is great to see.   Maybe add a minimum registration period to the minimum post requirement - lots of people rack up 150 posts in their first week or two.

Good luck with this venture.
hero member
Activity: 882
Merit: 1006
January 05, 2013, 06:49:39 AM
#1
removed
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