Topic: Need a loan despite negative trust status - page 2. (Read 2267 times)

So you have explained why you no longer need the 50 BTC loan (although you were very scant on details, like what happened to investor's money), but there is still no explanation as to why you are asking for such a small loan when when only a short time ago you claimed to have more then 2 BTC (worth of alts) in your control.

Op totally ignored this question.

One week. I wanted the loan to invest in Hashie.co for a week. However that plan is now on hold, as hashie.co has been hacked (latest news) literally, just last night.

For the record -- the LTCgear.com referral program isn't active anymore either (and has been experiencing technical difficulties). So the need and reason to borrow 50+ BTC to invest in LTCgear.com has passed. That's why I was looking for a smaller loan.


Thanks John. I am still looking for a small loan to invest in various places, the question now is what collateral I can come up with. I have $900 worth of USDbitfinx (a NXT AE asset) but it may be difficult to find someone to take that as collateral. We shall see.

Okay?

PS: Just posting to confirm OP has asked me to act as escrow for his transaction to hold the collateral via PM.

How much time, you will take to repay?

I'm sorry  if I was rude, it wasn't my intention. However good luck with your loan research , have a great day.

I thought that you were a major NXT asset exchange dealer to the tune of needing a 50 BTC loan to purchase additional LTCgear shares for your asset. My understanding of this is from this thread.

Additionally I was under the impression that you had in excess of 2.5 BTC worth of either bitcoin or NXT according to this thread.

Your loan requests appear to be getting ever smaller each time, probably changing your target audience. Nevertheless I cannot see any logical reason why you would want/need such a small loan using such a collateral after you have made either of the above requests.

I'm currently negotiating a loan with lihuajkl and will use this post for a reference.

Expected loan amount: 0.1
Repayment Terms: 0.105 (i.e. 5%) on or before Jan 2nd.
Collateral: hashie.co account "kns"
Escrow: looking for escrow
Deposit Address: 1GbRySrYBF6wVyJuqDCX3bhFrgJzevZ9wr
Repayment Address: to be announced

edit: Just checked and hashie.co is "gone". Oh for god's sake. I'll need to find alternate collateral now......

You're misquoting me, those terms were changed prior to my receiving negative feedback.

Still you are right it's just a warning, and I am currently negotiating escrow for a loan with lihuajkl. I'll use the next post for a reference.

Provide altcoin collateral and don't demand positive trust for repayment and I will loan you and not look at your trust or ask for reasons

As I remember, you were offering BTC as collateral which made no sense. You also mentioned leaving +ve trust is a must. From those conditions it seemed like you were buying trust.

EDIT: Found it


This part has been changed now


You can see why lenders here would be concerned. Still, the -ve trust serves only as a warning, and lenders are free to process your request.

No, their accusations don't make sense. The Escrow FAQ, stickied at the top of this forum, specifically advises newbies that the best form of collateral is a stable altcoin like LTC. It also explains that it is NOT trust buying to offer such collateral. The holder may wish to speculate on the value of the altcoin vs. BTC.

Look, if what I am doing is wrong, then it's the fault of the Escrow FAQ. I'm new here, sure, but I actually read the FAQ and I am trying to work with ppl here to do what's right. I have faith that someone will recognize that and give me a chance.

What I want to do is pretty clear, I want to invest in hashie.co. I am willing to pay 3.5% per week. What's wrong with that?

Their accusations make sense.

Why do you need this loan if you can already afford whatever you want to do ? Trust-building is highly frowned upon.

Hi! Unfortunately for me, vod and redsn0w have decided to negrate me without actually reading my OP or discussing with me what the problem is. As I have been able to figure our, despite me (as a newbie) following the Escrow OP, and offered LTC as collateral, they have accused me of trust buying.

I offered to discuss the issue with vod beforehand, and I made several changes to my op as discussed with John. K, Quickseller, and Vod too. But after 6-12 hours, without discussing it with me or reading my changes or posts, Vod zapped me with negative feedback anyway. What is more ridiculous is what he wrote, stating that I didn't need the loan (despite clearly pointing out what I was going to use it for).

About 12 hrs later, redsn0w -- true to form -- negrated me "because someone else did". The problem with redsn0w is not just that he didn't read the reference or anything I wrote, it's that he was extremely rude to me in PM and in public posts. He essentially mocked me as a newbie, and I find that personally offensive.

Since then I have been denied for loan after loan, and confirmed each time it was due to the unjustified negative feedback I have received. I was actually surprised that the loanmakers did not actually check the references, or that it was zero risked feedback, or investigate the many +risked positive feedback I have.

So it is with concern and willingness to meet criteria that I ask for a small loan of 0.1 BTC or less, to invest in hashie.co. I have collateral of a hashie.co account worth over 0.5 BTC, and I am a major asset issuer on the NXT AE platform. I also run a federally incorporated company in Canada. I'm just trying to get started here. Please help me teach Vod and redsn0w that false, unrisked negative feedback is not acceptable. I want to believe in the trust system here, I really do, but give me a way out other than acting like a scammer and starting a new account. That's crazy, I won't do it. Please help.