Topic: Loan requested - Business startup - page 4. (Read 4592 times)

I can guarantee you that your reputation is not worth $5,000.00. People scam for much less all the time. I am not just talking about on here, just look at how often people file for bankruptcy and their debt levels

Exactly.  ^

I think Vod must mean well.  No one would spend as much time trolling a forum as he does, unless it was very important to him.

I try to participate in bitcoin in every way that I can.    I was making a bunch of money on Bitmet.net back in the day, and that was when Bitcoin was $11 each.   I was purchasing all kinds of merchandise for wholesale prices for my store with USD that I was earning at a 9-5 job, and I was selling a good chunk of it on bitmit for coin.   So I had earned several hundred BTC selling on Bitmit, and I held some of it, but most of it I tried to inspire others by spending bitcoin and recording the transactions (on video), or donating bitcoin to political causes like I-1149 in Washington to fully legalize cannabis, and other related initiatives.   I gave away a lot of coin, just demonstrating how it worked.

You can see some purchases that I made here >   https://www.youtube.com/watch?v=J2THisct43U

First I sold a undeveloped building lot in California for 1278 LTC back in September in 2013, then I turned a bunch of it into bitcoin, and with it I bought prepper gear.   I could have held it and made a bunch of money the next month from appreciation.  But I always try to be using coin, in order to inspire others.  

I still do that.   Even though I am borrowing on BTCJam, I also have 11 investments totaling a little over 1 BTC.  

Anyway, I hope people decide to back us.   If not, we'll be fine.  Thanks for all of the participation on this thread!

In my humble opinion it was people who lent their savings to hard working entrepreneurs that made America GREAT!
Keep dreaming..., success will be yours.
Regards

Or maybe it's not as much as sniffing out scammers, as it is for prying for more personal (un-necessary details), or maybe it's just about shaming anyone who asks for a loan?

Vod HAVE YOUR EVER LENT MONEY ON HERE?   I don't see any record of you loaning money on here.  I just see you shaming people for asking for loans.   Your technique seems entirely unproductive.

Well at BTCJam, I proved my income by showing $219,000 of bank deposits this year in just one bank account, as well as a positive balance of 5 digits.   It's not that I am desperate for the money.  I am trying to raise a little operating capital so that I can buy a sign, and still have money in the bank to take care of any possible emergency issues.   I have reserves, and if I need to I will use them.   However, it's always good to have reserves so I am trying to get some crowd funding for my sign.   I make money, and the investors make money.  I think it's a win-win.  

But it's not like you have any evidence that I am a scammer.

I have linked my ebay account with almost 500 positive feedback  (100% positive), I have linked my LinkedIn account, I have given my business address and filmed myself in that address, I have offered collateral (if someone knows of a way to utilize an auto title), and I have nothing negative on my record.

So do I make $25,000 per month?  Yes, in most cases I do.

Seriously, I would love to see someone who has done more than me to prove credibility and identity?

And yes, I have offered property in collateral.   I have a car and a 4 plex.   
Im not going to offer a lien on my four plex for a $5000 loan.   But I would offer up the title on my Escalade if someone can find a way to make that happen.

I realize from Vod's feedback that he is the "scam buster"..    But he is barking up the wrong tree this time.

Vod, you seem to be trolling OP. He has done a lot more than others that have been requesting loans. Additionally he is willing to put out a lien on his property(vehicle etc) but for a greater amount.

At the end of the day the loan is being requested on BTCJam . Give him a chance at least. Most of us here are adults and can do our own due diligence, if at the end of the day anyone gets scammed be happy that you did not invest. But everyone can make their own decisions.

$5,000 to the power of 2 is $25,000,000
$5,000 to the power of 3 is $125,000,000,000,000,000,000

Which one of those do you make per month?  Or is it more??   

BTW-  For anyone to think I would bail on a $5000 loan, is silly.  My reputation is worth WAY more to me than $5000.
Ive been on Ebay for 12 years, and I have always done straight honest business.   I was on bitmit.net for about 2 years with a bunch of transactions also as a seller.   Im not a scammer, and I would never ruin my rep for a measly $5000.   I make exponentially more than that per month anyway.   That's like a highly paid CEO stealing candy at the gas station, and risking losing his job as CEO for a $.05 piece of candy.  It's silliness.

Im opening on Tuesday with or without a loan anyway.   We have some electrical work to get done, and I then we are in business.
A sign for our business would be nice, but not necessary.

Thanks again for everyone with support!

Offering Alt-Coin as collateral for BTC, is similar to offering an equal amount of cash, for a cash loan.
What would be the point?  LOL

Thanks for everyone's support.   I have put my face and business to this loan.   I also have collateral in the form of some litecoin, but like everyone else says here, that I could just sell my LTC and not need a loan.  

I bought an A2 Terminator 60 MH/s in May, and I have a small collection of LTC, but that whole concept seems dumb to me.   With Bitcoin and LTC pretty much connected in pricing, it would just make sense for me to sell the LTC and not need the loan.

I also have an income producing 4 plex for sale on this forum, and on Cryptothrift.   I could easily go to the bank and get a loan against that.  

But I came here because I want to involve BTC in my business as much as possible.    I don't have a mortgage on my 4 Plex, because I don't believe in traditional banking.  I paid cash for my 4 plex.  I have the warranty deed in my safety deposit box.  
I would be happy to offer up the deed on that 4 plex for a more substantial loan.  But for a measly $5000, I don't see the point in offering up a lien on the deed because the title insurance and such would cost like 10% of the loan (between $300-$500).  

I would be happy to take phone calls from anyone about my reputation, and my ability to pay the loan back.  In fact I would love to meet anyone in person at my shop.  I would be glad to show you my Bitcoin point of sale, and my Bitcoin ATM.   But that is why I made the video for this.

Collateral is difficult here, or I would gladly offer it up.  

I have a Cadillac Escalade that I have a clear title for.  I suppose we could find a way to use that as collateral.

But using alt-coin is non-sense IMHO.  

This is my recent Litecoin earnings.   Though I have been mining LTC for about 2 years, so this is just the recent stuff.



I get a deposit every 5 days, so I will be getting another one tomorrow.  

Between my rental income, and my LTC mining, I will have no problem paying the loan back.  
It actually would only take one or the other, and not both.  But I have both, and other income as well.

I have been as transparent as possible.

On BTCJam, I have linked all of my social network accounts, my ebay account, my LinkedIn account, I have made a video of me and my store, and I have offered collateral for a large enough loan for it to be worth the while.

What more can I do?



Thanks to

glennmatthew
antonioserrano72
Wattda


Also thanks to Vod for being a gatekeeper here.   However I think you have crossed a line, and are actually discouraging this whole lending process based on?  Im not even sure why you are doing this.   But I hope that we are all here with the same common goal, to promote bitcoin.

I also just made a newspaper and I am having it printed now.

This is a peek at the latest edition;

http://www.makemynewspaper.com/designer/app/open?share=2999554303dbb7afd0&from=facebook_btn

Anything else I can do, besides the lame request of offering LTC?

i dont understand your post

*Glenn

I did my due diligence before investing in his original loan. Unlike most of the users here, who are too fat and lazy so you call people 'scammers' instead. It's easier, right?

Here's my token: https://ardeva.com/verify/A54317938BBABA3A55685782

I clearly live on the other side of the world to the OP.

Sockpuppet my ass.

Maybe glen is an alt/sockpuppet of the OP. He seems to be the only one cheering on the OP and who "vouched" for him and claimed to have spoken to other business owners near his business.

Borrowing on BTCJam for this purpose is going to be more expensive and less likely to get funded then borrowing on a site like prosper that lends out fiat (which is what the OP wishes to spend).

I am new to BTCjam but I like your style..., I only have a few coins but gave you a start. GOOD LUCK!!!!!!!!
Wattda

+1

Sorry, the western world disagrees with you.

I wish everyone that comes here to ask for an investment would go as far at this guy did to earn trust.

I don't believe in p2p loaning. Just don't believe in any loaning with interest. Look to the site http://lendstats.com/
ROI is always rising and average age is going down. These two (prosper and lendingclub) are just another financial bubbles.