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Topic: Coins to lend - 1BTC [Closed] (Read 1847 times)

full member
Activity: 140
Merit: 100
June 24, 2013, 05:20:59 PM
#42
Joey has repaid his loan with no problems. Thanks!
Transaction id: ef9a62372ef113a78ba27a05257ea88b677d645b42746bee98107b34236d2694
TY so much sir for the loan
hero member
Activity: 584
Merit: 500
June 23, 2013, 05:55:20 PM
#41
Joey has repaid his loan with no problems. Thanks!
Transaction id: ef9a62372ef113a78ba27a05257ea88b677d645b42746bee98107b34236d2694
hero member
Activity: 584
Merit: 500
June 22, 2013, 12:31:03 PM
#40
Joey's loan is due today!
sr. member
Activity: 406
Merit: 250
June 19, 2013, 10:42:39 AM
#39
How would I go about giving my collateral? Say if I had stocks, how could I "lend" it to you for the length of the loan?

Talk to your bank.

I have 500 shares of FNMA... I'll throw 3 of them up as collateral for a 0.05 BTC loan lol

I don't understand collateral on such a tiny loan.  
vip
Activity: 1316
Merit: 1043
👻
June 19, 2013, 10:41:31 AM
#38
How would I go about giving my collateral? Say if I had stocks, how could I "lend" it to you for the length of the loan?
If you have Bitcoin stocks, transfer it to me and I'll transfer it back to you after you repay.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 19, 2013, 10:38:21 AM
#37
How would I go about giving my collateral? Say if I had stocks, how could I "lend" it to you for the length of the loan?

Talk to your bank.
full member
Activity: 193
Merit: 100
June 19, 2013, 10:36:33 AM
#36
How would I go about giving my collateral? Say if I had stocks, how could I "lend" it to you for the length of the loan?
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 19, 2013, 10:17:19 AM
#35
Rate / APR 20% - 25%.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.
3. 0.5BTC loan for 1 week   = 0.6BTC   back.
4. 0.5BTC loan for 2 weeks = 0.625BTC back.


That's wrong.

1:  0.24 / 0.2 = 1.2; 1.2^52 = (13104 -1) * 100 = 1,310,300% APR

More than a million APR. Wow, someone must be desperate if they want to borrow off you.

lol its not a huge loan for few years... what i ment was. Rate  20% - 25% ontop of what you borrow.
meaning this is right.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.

a person borrows 1 btc. and after some time the person has to pay back 1 btc + 25% of it making it 1.25%



Then take the term APR out of there - Annual Percentage Rate.  If you charge 25% per week, that is NOT 25% APR.
vip
Activity: 1316
Merit: 1043
👻
June 19, 2013, 10:16:06 AM
#34

lol its not a huge loan for few years... what i ment was. Rate  20% - 25% ontop of what you borrow.
meaning this is right.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.

a person borrows 1 btc. and after some time the person has to pay back 1 btc + 25% of it making it 1.25%



That is more than a million apr through. You should update your first post at least, your APR is not 25%, it is 1 million + %.

APR = Annual Percentage Rate. You're not using nominal APR, you're not using effective APR, you're using a interest/arbitrary term which is in no way APR.
member
Activity: 98
Merit: 10
June 19, 2013, 10:13:42 AM
#33
Rate / APR 20% - 25%.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.
3. 0.5BTC loan for 1 week   = 0.6BTC   back.
4. 0.5BTC loan for 2 weeks = 0.625BTC back.


That's wrong.

1:  0.24 / 0.2 = 1.2; 1.2^52 = (13104 -1) * 100 = 1,310,300% APR

More than a million APR. Wow, someone must be desperate if they want to borrow off you.

lol its not a huge loan for few years... what i ment was. Rate  20% - 25% ontop of what you borrow.
meaning this is right.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.

a person borrows 1 btc. and after some time the person has to pay back 1 btc + 25% of it making it 1.25%

vip
Activity: 1316
Merit: 1043
👻
June 19, 2013, 02:00:03 AM
#32
Rate / APR 20% - 25%.

1. 0.2BTC loan for 1 week   = 0.24BTC back.
2. 0.2BTC loan for 2 weeks = 0.25BTC  back.
3. 0.5BTC loan for 1 week   = 0.6BTC   back.
4. 0.5BTC loan for 2 weeks = 0.625BTC back.


That's wrong.

1:  0.24 / 0.2 = 1.2; 1.2^52 = (13104 -1) * 100 = 1,310,300% APR

More than a million APR. Wow, someone must be desperate if they want to borrow off you.
full member
Activity: 140
Merit: 100
June 18, 2013, 06:24:01 PM
#31
Since you didn't specify which Saturday, there is no way you will be scammed on this loan.   Wink
Haha, well if it's alright with Joey, I'm going to agree on June 22, 2013.
Yes sir. June 22, 2013. TY so much austin.
hero member
Activity: 584
Merit: 500
June 18, 2013, 06:20:48 PM
#30
Since you didn't specify which Saturday, there is no way you will be scammed on this loan.   Wink
Haha, well if it's alright with Joey, I'm going to agree on June 22, 2013.
member
Activity: 98
Merit: 10
June 18, 2013, 06:18:31 PM
#29
Hehe. Well yeah i trust to much and would like to think that most of ppl here are serious.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 18, 2013, 06:10:05 PM
#28
Hey, would you like splitting a loan with me?
0.5 with 0.5 for a friend from this forum.


Anyone know if he can be trusted?

https://bitcointalksearch.org/topic/veteranbtc-rtaki-scam-majinx-199351

Just send your coins to the address in my profile.
Thank you for the information.

How much do you want to borrow and for how long?
I got 1btc total and can lend it for 2 weeks with payback off 1.25btc. If u need the loan to be extended past two weeks, additional 25% will be added making it 1.25btc * 1.25 making it a total of 1.5625btc

Plz confirm what deal you want to make as the post has changed since ur last reply

I don't want to borrow anything.

I'm saying if you are so easily fooled into losing your coins, just send them to the address in my profile instead.  We don't need to worry about repayment dates or terms...
member
Activity: 98
Merit: 10
June 18, 2013, 06:06:23 PM
#27
Hey, would you like splitting a loan with me?
0.5 with 0.5 for a friend from this forum.


Anyone know if he can be trusted?

https://bitcointalksearch.org/topic/veteranbtc-rtaki-scam-majinx-199351

Just send your coins to the address in my profile.
Thank you for the information.

How much do you want to borrow and for how long?
I got 1btc total and can lend it for 2 weeks with payback off 1.25btc. If u need the loan to be extended past two weeks, additional 25% will be added making it 1.25btc * 1.25 making it a total of 1.5625btc

Plz confirm what deal you want to make as the post has changed since ur last reply
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 18, 2013, 05:54:05 PM
#26
Hey, would you like splitting a loan with me?
0.5 with 0.5 for a friend from this forum.


Anyone know if he can be trusted?

https://bitcointalksearch.org/topic/veteranbtc-rtaki-scam-majinx-199351

Just send your coins to the address in my profile.
member
Activity: 98
Merit: 10
June 18, 2013, 05:51:18 PM
#25
Hey, would you like splitting a loan with me?
0.5 with 0.5 for a friend from this forum.


Anyone know if he can be trusted?
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 18, 2013, 05:43:30 PM
#24
Since you didn't specify which Saturday, there is no way you will be scammed on this loan.   Wink
full member
Activity: 140
Merit: 100
June 18, 2013, 05:24:42 PM
#23
I've given Joey a loan.

Sent BTC0.2
Repay BTC0.22 by Saturday
Transaction id: 65bf5856ef8b3bc0f22aae35114187eab97f196b1debd74968fd7e35859f080d
Please send payment to: 14ifD8kpZTdHfySTufb2wm4UJhJXaPxjkW
OK, TY so much for loan Austin.
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