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jonald_fyookball

legendary

Activity: 1302

Merit: 1004

Core dev leaves me neg feedback #abuse #political

Quote from: bigasic on July 03, 2014, 10:10:39 PM

The days of making money via mining are nearly over. I haven't run the numbers, but if you cant ROI within 2 months, then its not worth the risk. The only ones that will make money are the asic chip makers. Sorry, but the bitcoin mining ship has sailed.

makes sense. the value is in the chip. the consumer has little value-add to contribute.

bigasic

hero member

Activity: 924

Merit: 1000

The days of making money via mining are nearly over. I haven't run the numbers, but if you cant ROI within 2 months, then its not worth the risk. The only ones that will make money are the asic chip makers. Sorry, but the bitcoin mining ship has sailed.

jonald_fyookball

legendary

Activity: 1302

Merit: 1004

Core dev leaves me neg feedback #abuse #political

do you realize that investing in turnkey mining hardware more often than not turns out to be unprofitable?

haploid23

legendary

Activity: 812

Merit: 1002

Quote from: djkyno on July 02, 2014, 06:51:17 PM

This is my first time loaning of BTC therefore i do not know what details i shld look into. If possible can someone fill me in with the info and i will redo my loan request.

Apologize

Firstly, offer some collateral that's worth a tad more than the loan amount you're requesting. It could be anything, normally some kind of altcoin. Then fully think out all the terms, like the exact date for repayment and the interest rate you're willing to pay. Lastly, make a the details public and verifiable. There's not very much to it.

acs267

hero member

Activity: 644

Merit: 500

Sorry Sir, but I didn't see anything about collateral in the post? I must be going blind...

djkyno

sr. member

Activity: 798

Merit: 250

Quote from: s1lverbox on July 02, 2014, 06:18:59 PM

Quote from: djkyno on July 02, 2014, 06:16:24 PM

Hey Guys,

I need about 0.74 BTC to help purchase a S3 miner for me to kickstart my project for megamine business. The term for the loan would be 2 months. Interested rate can be negotiated, as long as it is reasonable i will accept it. I am really hungry for this project to kick off.

I pay you back the cash value of the loan plus the interest in 2 months...

Loan can be repaid anytime within the 2 months with no penalty but the interest is guaranteed. Interest can be paid in bitcoin or USD... whichever the lender prefers.

BTC right now is $479 per 0.74 bitcoin.

Post suggestions here... PM me for a quick response.

Thanks very much
Ken

You know you have to buy minimum 2 units? so u need 0.74BTc x 2

To get miner in hand you need wait another 21 days.
19 to be shiped and 2-3 to be delivered.

how you going to repay within 2 months 1.5BTC?

will be getting my pay mid this month, so i will be able to pay off half, another half will be paid next month mid. And i apologize i do overlook the details. This is my first time loaning of BTC therefore i do not know what details i shld look into. If possible can someone fill me in with the info and i will redo my loan request.

Apologize

haploid23

legendary

Activity: 812

Merit: 1002

Quote from: djkyno on July 02, 2014, 06:16:24 PM

I pay you back the cash value of the loan plus the interest in 2 months...

Any reason why I should lend you the coins for the miner, rather than using the coins to buy my own miner? And if I loan the amount out in btc, then you should pay back in the btc, not the dollar amount. If btc price moves up or down, then you take the risk or the rewards, not the lender. This is a risky loan for the lender, seeing how you haven't even put in the time to think out the terms, or factored in time required before you even get the miner. Not to mention the most important is no collateral.

s1lverbox

legendary

Activity: 2310

Merit: 1039

Quote from: djkyno on July 02, 2014, 06:16:24 PM

Hey Guys,

I need about 0.74 BTC to help purchase a S3 miner for me to kickstart my project for megamine business. The term for the loan would be 2 months. Interested rate can be negotiated, as long as it is reasonable i will accept it. I am really hungry for this project to kick off.

I pay you back the cash value of the loan plus the interest in 2 months...

Loan can be repaid anytime within the 2 months with no penalty but the interest is guaranteed. Interest can be paid in bitcoin or USD... whichever the lender prefers.

BTC right now is $479 per 0.74 bitcoin.

Post suggestions here... PM me for a quick response.

Thanks very much
Ken

You know you have to buy minimum 2 units? so u need 0.74BTc x 2

To get miner in hand you need wait another 21 days.
19 to be shiped and 2-3 to be delivered.

how you going to repay within 2 months 1.5BTC?

djkyno

sr. member

Activity: 798

Merit: 250

closed

Topic: closed (Read 1032 times)