Bitcoin Noob | Bitcointalksearch.org

BlackWasp

newbie

Activity: 38

Merit: 0

Quote from: shorena on February 19, 2015, 04:09:39 AM

Quote from: BlackWasp on February 19, 2015, 03:48:01 AM

Quote from: Brimskie on February 19, 2015, 03:29:50 AM

no one will give a non collateral loan to a newbie member on this forum, however, you sign up yourself to a signature campaign found in the services section for you to earn some satoshi per post you made

Can you recommend one please?

If you are looking for a signature campaign, check this[1] overview thread. Keep in mind though, that some[2] might look down on you just because you are "whoring out" your signature. It is also important to understand that you might be banned faster for spam if you are wearing a paid signature. The usual advise would be to just post like you would without the signature, but for some this does not cut it. Keep your posts helpfull and informative. You have nothing to contribute to a discussion, dont post it. In any case, enjoy your stay, leaning all the do's and don't might take time, but IMHO its worth it.

[1] https://bitcointalksearch.org/topic/overview-of-bitcointalk-signature-ad-campaigns-last-update-01-jan-23-615953
[2] https://bitcointalksearch.org/topic/the-no-ad-sigs-posters-allowed-topic-come-and-not-be-annoyed-by-rubbish-posts-957789

Thanks for the info. I will stay away from these for now.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: BlackWasp on February 19, 2015, 03:48:01 AM

Quote from: Brimskie on February 19, 2015, 03:29:50 AM

no one will give a non collateral loan to a newbie member on this forum, however, you sign up yourself to a signature campaign found in the services section for you to earn some satoshi per post you made

Can you recommend one please?

If you are looking for a signature campaign, check this[1] overview thread. Keep in mind though, that some[2] might look down on you just because you are "whoring out" your signature. It is also important to understand that you might be banned faster for spam if you are wearing a paid signature. The usual advise would be to just post like you would without the signature, but for some this does not cut it. Keep your posts helpfull and informative. You have nothing to contribute to a discussion, dont post it. In any case, enjoy your stay, leaning all the do's and don't might take time, but IMHO its worth it.

[1] https://bitcointalksearch.org/topic/overview-of-bitcointalk-signature-ad-campaigns-last-update-01-jan-23-615953
[2] https://bitcointalksearch.org/topic/the-no-ad-sigs-posters-allowed-topic-come-and-not-be-annoyed-by-rubbish-posts-957789

BlackWasp

newbie

Activity: 38

Merit: 0

Quote from: Brimskie on February 19, 2015, 03:29:50 AM

no one will give a non collateral loan to a newbie member on this forum, however, you sign up yourself to a signature campaign found in the services section for you to earn some satoshi per post you made

Can you recommend one please?

Brimskie

newbie

Activity: 42

Merit: 0

no one will give a non collateral loan to a newbie member on this forum, however, you sign up yourself to a signature campaign found in the services section for you to earn some satoshi per post you made

ndnh

legendary

Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: BlackWasp on February 19, 2015, 02:30:34 AM

Thanks for all the replies.

What I gather from some of you is that
1. Take the plunge and buy a bitcoin or part of it.
2. Dont get a loan. At least not at first.

You see, I am in South Africa where bitcoin (or any cryptocurrency) is a relative new concept. So I am way behind.

Comment from Pooya87:
why do you want a loan if you are new to bitcoin. what are you going to do with borrowed bitcoin?!
if you want to learn either buy BTC or work for it!

My answer (or question) is ..what do other people do with borrowed bitcoins? To buy groceries? To get through the month? why do you take a loan at the bank? I guess its the same concept.
And yes, I want to work for it, but how?

I have joined a mining pool (slusk I think) just to test, but soon realised, this is not really gonna make me any real money. Unless Im doing it wrong.

Well, there are a few simple ways you could earn:
Wait a year and keep posting and you will get 365 activity, you will make around 0.1BTC a month if you are a Sr. member like me.
or you can buy an account directly. Only one request, do not scam, follow the rules, and do not indulge in any unethical practices.

You could work. Check the services section. There are contests, competitions, campaigns, sites hiring programmers, developers and many more..

BlackWasp

newbie

Activity: 38

Merit: 0

Thanks for all the replies.

What I gather from some of you is that
1. Take the plunge and buy a bitcoin or part of it.
2. Dont get a loan. At least not at first.

You see, I am in South Africa where bitcoin (or any cryptocurrency) is a relative new concept. So I am way behind.

Comment from Pooya87:
why do you want a loan if you are new to bitcoin. what are you going to do with borrowed bitcoin?!
if you want to learn either buy BTC or work for it!

My answer (or question) is ..what do other people do with borrowed bitcoins? To buy groceries? To get through the month? why do you take a loan at the bank? I guess its the same concept.
And yes, I want to work for it, but how?

I have joined a mining pool (slusk I think) just to test, but soon realised, this is not really gonna make me any real money. Unless Im doing it wrong.

bitcoin_bagholder

sr. member

Activity: 336

Merit: 250

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

Hey all,

I am entirely new to the world of Bitcoin. I have studied various Bitcoin topics the last 1.5 weeks including mining, exchanging, P2P lending etc.

I stumbled on this forum today and noticed the microloans are all very small like maybe $10 or so (although some are higher).

1. I dont understand why someone would borrow such a small amount? Do they exchange it back to real currency and buy something. or trade for other cryptocurrency or what?

2. I have opened a my own BTC account and would like to start funding it, Would someone be willing to loan BTC to a total newcomer like myself?

As I said, totally new to the bitcoin world, but want to learn.

Regards

1) Gambling and exchanging btc for altcoins.

2) No. I don't lend money/btc to strangers on the internet.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Let me answer your second question by answering your first. The reason many people request micro-loans is because they are criminals who want money. Surprisingly, some people do loan out their money and guess what happens? The loaner then discovers that there is absolutely nothing that can be done to recover the money. The police have never helped anyone with this, PayPal or other money service brokers are going to laugh at any claim.

So can you get a loan? NO. Why would you even want that? You are paying a super high premium for your BTC with a loan. There is no rule against loans, but you may receive negative feedback for even asking.
If you want a legitimate loan in BTC you will need to arrange escrow and provide collateral greater than the value of the loan. Just like at the bank except it will cost you more.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

Hey all,

I am entirely new to the world of Bitcoin. I have studied various Bitcoin topics the last 1.5 weeks including mining, exchanging, P2P lending etc.

I stumbled on this forum today and noticed the microloans are all very small like maybe $10 or so (although some are higher).

1. I dont understand why someone would borrow such a small amount? Do they exchange it back to real currency and buy something. or trade for other cryptocurrency or what?

2. I have opened a my own BTC account and would like to start funding it, Would someone be willing to loan BTC to a total newcomer like myself?

As I said, totally new to the bitcoin world, but want to learn.

Regards

why do you want a loan if you are new to bitcoin. what are you going to do with borrowed bitcoin?!
if you want to learn either buy BTC or work for it!

jorjito25

hero member

Activity: 490

Merit: 500

Quote from: shorena on February 18, 2015, 11:55:36 AM

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

Hey all,

I am entirely new to the world of Bitcoin. I have studied various Bitcoin topics the last 1.5 weeks including mining, exchanging, P2P lending etc.

I stumbled on this forum today and noticed the microloans are all very small like maybe $10 or so (although some are higher).

1. I dont understand why someone would borrow such a small amount? Do they exchange it back to real currency and buy something. or trade for other cryptocurrency or what?

My guess is for gambling.

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

2. I have opened a my own BTC account and would like to start funding it, Would someone be willing to loan BTC to a total newcomer like myself?

As I said, totally new to the bitcoin world, but want to learn.

Regards

Not without valid collateral.

If u wanna learn first u have to do is buy some coins like we all did before.
Nobody will loan u without collateral, all that u can get is negative trust.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

Hey all,

I am entirely new to the world of Bitcoin. I have studied various Bitcoin topics the last 1.5 weeks including mining, exchanging, P2P lending etc.

I stumbled on this forum today and noticed the microloans are all very small like maybe $10 or so (although some are higher).

1. I dont understand why someone would borrow such a small amount? Do they exchange it back to real currency and buy something. or trade for other cryptocurrency or what?

My guess is for gambling.

Quote from: BlackWasp on February 18, 2015, 11:44:53 AM

2. I have opened a my own BTC account and would like to start funding it, Would someone be willing to loan BTC to a total newcomer like myself?

As I said, totally new to the bitcoin world, but want to learn.

Regards

Not without valid collateral.

BlackWasp

newbie

Activity: 38

Merit: 0

Hey all,

I am entirely new to the world of Bitcoin. I have studied various Bitcoin topics the last 1.5 weeks including mining, exchanging, P2P lending etc.

I stumbled on this forum today and noticed the microloans are all very small like maybe $10 or so (although some are higher).

1. I dont understand why someone would borrow such a small amount? Do they exchange it back to real currency and buy something. or trade for other cryptocurrency or what?

2. I have opened a my own BTC account and would like to start funding it, Would someone be willing to loan BTC to a total newcomer like myself?

As I said, totally new to the bitcoin world, but want to learn.

Regards

Topic: Bitcoin Noob (Read 1977 times)