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Topic: Boelens and Bitcoininformation's micro-(ish)loans. - page 9. (Read 21095 times)

hero member
Activity: 672
Merit: 500
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)

Do you have any collateral? Also, if your investment fails, in example the shares you've bought collapse and you got nothing left, how would you re-pay? Do you know how to properly invest?

Yes I Have ALOT of investing experience. I have about .07 BTC Extra (gift from friend) so i can pay you back.

Can you show proof of ownership of those 0.07?
Gift from a friend.... Which means if I DEFAULT my friend will give me the funds required to pay you with interest.
Thanks, Neel

You defaulting would include you not re-paying the loan and running off with the money, there's no insurance you'd give those funds. Why can't you use the 0.07 to invest?
newbie
Activity: 31
Merit: 0
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)

Do you have any collateral? Also, if your investment fails, in example the shares you've bought collapse and you got nothing left, how would you re-pay? Do you know how to properly invest?

Yes I Have ALOT of investing experience. I have about .07 BTC Extra (gift from friend) so i can pay you back.

Can you show proof of ownership of those 0.07?
Gift from a friend.... Which means if I DEFAULT my friend will give me the funds required to pay you with interest.
Thanks, Neel
hero member
Activity: 672
Merit: 500
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)

Do you have any collateral? Also, if your investment fails, in example the shares you've bought collapse and you got nothing left, how would you re-pay? Do you know how to properly invest?

Yes I Have ALOT of investing experience. I have about .07 BTC Extra (gift from friend) so i can pay you back.

Can you show proof of ownership of those 0.07?
newbie
Activity: 31
Merit: 0
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)

Do you have any collateral? Also, if your investment fails, in example the shares you've bought collapse and you got nothing left, how would you re-pay? Do you know how to properly invest?

Yes I Have ALOT of investing experience. I have about .07 BTC Extra (gift from friend) so i can pay you back.
hero member
Activity: 672
Merit: 500
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)

Do you have any collateral? Also, if your investment fails, in example the shares you've bought collapse and you got nothing left, how would you re-pay? Do you know how to properly invest?
newbie
Activity: 31
Merit: 0
Hey Boelens,

Loan Details:
Repayment Date: Oct 10
Amount Requested: .025 BTC - .05 BTC
Reason: I am an extremely good investor and need more BTC to invest in things
Interest 25% - 33%

Thanks, Neel Sarwal

(Please Reply ASAP)
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔

The original thread text? You didn't at least change it to something more professional? Wink
Please remove that enormous picture, it's not needed in the thread and makes the page unnecessary longer Tongue And yes, we could change that.
EDIT: Thanks dude!
legendary
Activity: 1134
Merit: 1118
snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity snippity

The original thread text? You didn't at least change it to something more professional? Wink
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
So, we improved our first post. Looks a lot better now.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
No, I don't want to sell the KGC
That is not what I meant. I won't sell the KGC to give you the loan. I will only sell it when their value is below the amount you loaned.
full member
Activity: 182
Merit: 100
No, I don't want to sell the KGC
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
Ok, I have 40k KGC and I need 0.1 btc for 3 days (pay back 0.11).
I (BitCoinInformation) am willing to do this loan with the following terms:
- You send the KGC to my Cryptsy account.
- I will then send you the 0.1BTC to your address.
- If the worth of KGC drops to almost 0.1BTC (for example 0.105BTC), I will sell them to ensure the correct worth of the collateral. This means that the loan fails and that you do not have to repay (because I already got the worth of the loan back by selling KGC).
- If this doesn't happen then I will just send your KGC back as soon as I receive the repayment.

Do you agree with these terms? If you do, then please include this post to prevent changes to the terms.


What do you mean?
I do not want you to sell the KGC ....
I mean, if the total worth of your 40k KGC drops below or gets very near the loaned amount, I will have to sell it. That way I can ensure that I do not lose the amount I loaned if something goes wrong.
full member
Activity: 182
Merit: 100
Ok, I have 40k KGC and I need 0.1 btc for 3 days (pay back 0.11).
I (BitCoinInformation) am willing to do this loan with the following terms:
- You send the KGC to my Cryptsy account.
- I will then send you the 0.1BTC to your address.
- If the worth of KGC drops to almost 0.1BTC (for example 0.105BTC), I will sell them to ensure the correct worth of the collateral. This means that the loan fails and that you do not have to repay (because I already got the worth of the loan back by selling KGC).
- If this doesn't happen then I will just send your KGC back as soon as I receive the repayment.

Do you agree with these terms? If you do, then please include this post to prevent changes to the terms.


What do you mean?
I do not want you to sell the KGC ....
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
Do you also accept ripple xrp as collateral?
No, sorry.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
Ok, I have 40k KGC and I need 0.1 btc for 3 days (pay back 0.11).
I (BitCoinInformation) am willing to do this loan with the following terms:
- You send the KGC to my Cryptsy account.
- I will then send you the 0.1BTC to your address.
- If the worth of KGC drops to almost 0.1BTC (for example 0.105BTC), I will sell them to ensure the correct worth of the collateral. This means that the loan fails and that you do not have to repay (because I already got the worth of the loan back by selling KGC).
- If this doesn't happen then I will just send your KGC back as soon as I receive the repayment.

Do you agree with these terms? If you do, then please include this post to prevent changes to the terms.
sr. member
Activity: 588
Merit: 253
Do you also accept ripple xrp as collateral?
full member
Activity: 182
Merit: 100
Ok, I have 40k KGC and I need 0.1 btc for 3 days (pay back 0.11).
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
We would first have to know what KGC is.

 Cheesy

If you have to ask, it's probably not worth much.

That's my reasoning anyway - I have no idea what KGC is. 

It is an altcoin. You can check the price here:
https://www.cryptsy.com/

Hmm 334 satoshis at the moment. I do have a Cryptsy account so I could hold it.
Anyway, Boelens isn't online atm. As soon as he gets online I will talk with him about this.
full member
Activity: 182
Merit: 100
We would first have to know what KGC is.

 Cheesy

If you have to ask, it's probably not worth much.

That's my reasoning anyway - I have no idea what KGC is. 

It is an altcoin. You can check the price here:
https://www.cryptsy.com/


Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
We would first have to know what KGC is.

 Cheesy

If you have to ask, it's probably not worth much.

That's my reasoning anyway - I have no idea what KGC is. 
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