Topic: Coins to lend - 1BTC [Closed] (Read 1883 times)

Quote from: Kiders on June 19, 2013, 09:13:42 AM

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.

🏰 TradeFortress 🏰

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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.

Kiders

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Activity: 98

Merit: 10

Quote from: 🏰 TradeFortress 🏰 on June 19, 2013, 01:00:03 AM

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%

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: austin on June 18, 2013, 05:20:48 PM

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.

joeyjmr8484

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Activity: 140

Merit: 100

Quote from: Vod on June 18, 2013, 04:43:30 PM

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.

austin

hero member

Activity: 584

Merit: 500

Quote from: Vod on June 18, 2013, 04:43:30 PM

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.

Kiders

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Merit: 10

Hehe. Well yeah i trust to much and would like to think that most of ppl here are serious.

Vod

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Quote from: Kiders on June 18, 2013, 05:06:23 PM

Quote from: Vod on June 18, 2013, 04:54:05 PM

Quote from: Kiders on June 18, 2013, 04:51:18 PM

Quote from: veteranBtc on June 18, 2013, 09:15:18 PM

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...

Kiders

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Activity: 98

Merit: 10

Quote from: Vod on June 18, 2013, 04:54:05 PM

Quote from: Kiders on June 18, 2013, 04:51:18 PM

Quote from: veteranBtc on June 18, 2013, 09:15:18 PM

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

Quote from: Kiders on June 18, 2013, 04:51:18 PM

Quote from: veteranBtc on June 18, 2013, 09:15:18 PM

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.

Kiders

member

Activity: 98

Merit: 10

Quote from: veteranBtc on June 18, 2013, 09:15:18 PM

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

Since you didn't specify which Saturday, there is no way you will be scammed on this loan. Wink

joeyjmr8484

full member

Activity: 140

Merit: 100

Quote from: austin on June 18, 2013, 04:22:09 PM

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.

austin

hero member

Activity: 584

Merit: 500

I've given Joey a loan.

Sent BTC0.2
Repay BTC0.22 by Saturday
Transaction id: 65bf5856ef8b3bc0f22aae35114187eab97f196b1debd74968fd7e35859f080d
Please send payment to: 14ifD8kpZTdHfySTufb2wm4UJhJXaPxjkW

joeyjmr8484

full member

Activity: 140

Merit: 100

For poker and pay back Saturday.

Kiders

member

Activity: 98

Merit: 10

Quote from: joeyjmr8484 on June 18, 2013, 03:45:18 PM

He wanted .20 so can't you loan me .20 also?

Can i ask what do u need the 0.2 for and how your going to pay back ?
- First post updated.

joeyjmr8484

full member

Activity: 140

Merit: 100

He wanted .20 so can't you loan me .20 also?

Kiders

member

Activity: 98

Merit: 10

Omw to buy the 0.8btc now.

Loan balance 1BTC.

Kiders

member

Activity: 98

Merit: 10

Quote from: Vod on June 18, 2013, 02:02:00 PM

Quote from: Kiders on June 18, 2013, 01:52:47 PM

Quote from: greyhawk on June 18, 2013, 01:31:13 PM

Quote from: Kiders on June 18, 2013, 01:52:47 PM

Available balance: 0.2btc

Maximum duration 1-2 weeks.

Rate 25%.

You must have some reputation. Post here if interested!

I'll take those 0.2 btc and pay you back 25% in 1 week.

This sounds a bit safer then the jr.member. Currently I`m waiting for a reply from "hegjon" @ localbitcoins.com if he can sell me some BTC face to face . the ammount im asking for is 0.8BTC which makes a total of 1BTC. Are you interested in borrowing 1BTC with 25% APR for 1-2 weeks which means you will have to pay back 1.25BTC.

I`m new to the bitcoin community and not quite sure how i can prove to you who I am or that i have the BTC in the wallet. So just tell me what information you need. Also do you have anyone who can vouch for you?

He is saying he will take your 0.2btc and pay you back 0.05btc (25%) in one week. That is what you want? To lose 0.15btc?

amount you borrow + 25% of the borrowed amount on payback.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: greyhawk on June 18, 2013, 01:31:13 PM

Quote from: greyhawk on June 18, 2013, 01:31:13 PM

Available balance: 0.2btc

Maximum duration 1-2 weeks.

Rate 25%.

You must have some reputation. Post here if interested!

I'll take those 0.2 btc and pay you back 25% in 1 week.

This sounds a bit safer then the jr.member. Currently I`m waiting for a reply from "hegjon" @ localbitcoins.com if he can sell me some BTC face to face . the ammount im asking for is 0.8BTC which makes a total of 1BTC. Are you interested in borrowing 1BTC with 25% APR for 1-2 weeks which means you will have to pay back 1.25BTC.

I`m new to the bitcoin community and not quite sure how i can prove to you who I am or that i have the BTC in the wallet. So just tell me what information you need. Also do you have anyone who can vouch for you?

He is saying he will take your 0.2btc and pay you back 0.05btc (25%) in one week. That is what you want? To lose 0.15btc?

Kiders

member

Activity: 98

Merit: 10

Available balance: 0.2btc

Maximum duration 1-2 weeks.

Rate 25%.

You must have some reputation. Post here if interested!

I'll take those 0.2 btc and pay you back 25% in 1 week.

This sounds a bit safer then the jr.member. Currently I`m waiting for a reply from "hegjon" @ localbitcoins.com if he can sell me some BTC face to face . the ammount im asking for is 0.8BTC which makes a total of 1BTC. Are you interested in borrowing 1BTC with 25% APR for 1-2 weeks which means you will have to pay back 1.25BTC.

I`m new to the bitcoin community and not quite sure how i can prove to you who I am or that i have the BTC in the wallet. So just tell me what information you need. Also do you have anyone who can vouch for you?

greyhawk

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Activity: 952

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Quote from: austin on June 18, 2013, 01:19:28 PM

Available balance: 0.2btc

Maximum duration 1-2 weeks.

Rate 25%.

You must have some reputation. Post here if interested!

I'll take those 0.2 btc and pay you back 25% in 1 week.

joeyjmr8484

full member

Activity: 140

Merit: 100

Quote from: Kiders on June 18, 2013, 01:05:26 PM

Quote from: joeyjmr8484 on June 18, 2013, 10:13:27 AM

Quote from: joeyjmr8484 on June 18, 2013, 06:32:25 AM

I am interested. Can pay back on July 1.

Do you have any way of proving that I can trust you ?

Well I am kinda new on here but I have good rep. Paid back loan. Not sure what else to say.

I gave him that loan. Yours is only a little more than I gave him so I doubt he would default on it.

do you have a link or from blockchain or something?

Here's the thread: https://bitcointalksearch.org/topic/20-btc-loan-233105
He sent to this address: 14ifD8kpZTdHfySTufb2wm4UJhJXaPxjkW

OK, TY Austin

austin

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Activity: 584

Merit: 500

Quote from: Kiders on June 18, 2013, 01:05:26 PM

Quote from: joeyjmr8484 on June 18, 2013, 10:13:27 AM

Quote from: joeyjmr8484 on June 18, 2013, 06:32:25 AM

I am interested. Can pay back on July 1.

Do you have any way of proving that I can trust you ?

Well I am kinda new on here but I have good rep. Paid back loan. Not sure what else to say.

I gave him that loan. Yours is only a little more than I gave him so I doubt he would default on it.

do you have a link or from blockchain or something?

Here's the thread: https://bitcointalksearch.org/topic/20-btc-loan-233105
He sent to this address: 14ifD8kpZTdHfySTufb2wm4UJhJXaPxjkW

BTCTalkAccounts

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-

joeyjmr8484

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Activity: 140

Merit: 100

Quote from: Kiders on June 18, 2013, 01:05:26 PM

Quote from: joeyjmr8484 on June 18, 2013, 10:13:27 AM

Quote from: joeyjmr8484 on June 18, 2013, 06:32:25 AM

I am interested. Can pay back on July 1.

Do you have any way of proving that I can trust you ?

Well I am kinda new on here but I have good rep. Paid back loan. Not sure what else to say.

I gave him that loan. Yours is only a little more than I gave him so I doubt he would default on it.

do you have a link or from blockchain or something?

Um, not sure how to do link. Check my history I guess.

Kiders

member

Activity: 98

Merit: 10

Quote from: joeyjmr8484 on June 18, 2013, 10:13:27 AM

Quote from: joeyjmr8484 on June 18, 2013, 06:32:25 AM

I am interested. Can pay back on July 1.

Do you have any way of proving that I can trust you ?

Well I am kinda new on here but I have good rep. Paid back loan. Not sure what else to say.

I gave him that loan. Yours is only a little more than I gave him so I doubt he would default on it.

do you have a link or from blockchain or something?

austin

hero member

Activity: 584

Merit: 500

Quote from: joeyjmr8484 on June 18, 2013, 10:13:27 AM

Quote from: joeyjmr8484 on June 18, 2013, 06:32:25 AM

I am interested. Can pay back on July 1.

Do you have any way of proving that I can trust you ?

Well I am kinda new on here but I have good rep. Paid back loan. Not sure what else to say.

I gave him that loan. Yours is only a little more than I gave him so I doubt he would default on it.

joeyjmr8484

full member

Activity: 140

Merit: 100