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Topic: [OPEN] Offering relatively large, short loans at 1.5% interest per day (Read 9954 times)

full member
Activity: 238
Merit: 100
I will no longer be needing this loan it has been provided already.
full member
Activity: 238
Merit: 100
Hello if possible I would like a 55 BTC loan. I don't meet all those criteria in first post but will list stuff I think makes me worthy. 

1. Been a member for almost 2 years.
2. Not quite hero member but have some 450ish posts
3. WOT rating once again not 20 but all have been positive
http://bitcoin-otc.com/viewratingdetail.php?nick=Demonofelru&sign=ANY&type=RECV
4. My biggest transactions were with Ian Maxwell where I sold him call and put options where he ended up being pretty greatly in the money IIRC.  I also did not large transactions but quite a few 8 to 10 IIRC to jackrabiit I sold him steam games.  Again not big but I bought a game from staff member Bitlex.  Also sold a couple games to staff member bitcoin2cash.  Loaned Atlas 90 or so BTC a while ago, also a lot of other transactions primarily selling steam games to other members but most of them are low post count and/or long inactive.

Well let me know if you need/want any more information or if I'm approved or declined off the bat or if 55 would be too much.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
I'm here to request a 1-day, 30 BTC loan.
12QcUPyHNqdB4xJNiXBa6r9qVovMpfuZKP


Scammer.
I'M NOT A SCAMMER.  To prove it, I won't take out a loan, unless I REALLY need one.

Out of curiosity, what did you want the loan for anyway? 

(and while it might look like it, we're not all sharks, but we've collectively lost a lot of money to fraud, and some people like to bash new user loan requests)
Like me and Tomatocage.  Wink
hero member
Activity: 518
Merit: 500
I'm here to request a 1-day, 30 BTC loan.
12QcUPyHNqdB4xJNiXBa6r9qVovMpfuZKP


Scammer.
I'M NOT A SCAMMER.  To prove it, I won't take out a loan, unless I REALLY need one.

Out of curiosity, what did you want the loan for anyway? 

(and while it might look like it, we're not all sharks, but we've collectively lost a lot of money to fraud, and some people like to bash new user loan requests)
newbie
Activity: 42
Merit: 0
I'm here to request a 1-day, 30 BTC loan.
12QcUPyHNqdB4xJNiXBa6r9qVovMpfuZKP


Scammer.
I'M NOT A SCAMMER.  To prove it, I won't take out a loan, unless I REALLY need one.
donator
Activity: 1055
Merit: 1020
I'm here to request a 1-day, 30 BTC loan.
12QcUPyHNqdB4xJNiXBa6r9qVovMpfuZKP


Scammer.
newbie
Activity: 42
Merit: 0
I'm here to request a 1-day, 30 BTC loan.
12QcUPyHNqdB4xJNiXBa6r9qVovMpfuZKP
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
I request 23 Bitcoins.
I pay 2 bitcoins a Day starting tomorrow.
15 bitcoins on february 1st.
If i am late on any of the 2 btc a day thing - Interest is 0.5000 btc per day im late.
If i added this right = your profit = 2 bitcoins out of the loan for 5 days and can get higher if i am late.

Confirmed, sent 23 BTC.
full member
Activity: 182
Merit: 100
My pm is working again, sent ya another message you might like :-D
full member
Activity: 182
Merit: 100
I cant reply to pm's :-(
Got the 10 messages per hour block :-(, so i can only respond here now

Oh, didn't see this.

I'll send your loan by 7 PM EST if I decide to go through with it.

Sounds good - my address:
1HdN2E6H55bUVc3g3qdQMqQfHJrSYfKVCm

Thanks - going to the store -i be back
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
I cant reply to pm's :-(
Got the 10 messages per hour block :-(, so i can only respond here now

Oh, didn't see this.

I'll send your loan by 7 PM EST if I decide to go through with it.
full member
Activity: 182
Merit: 100
I cant reply to pm's :-(
Got the 10 messages per hour block :-(, so i can only respond here now
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
how many times you said you will stop ? each time you are asking for bigger loans ....

are you not interested in the project anymore ?

He declined the 30 btc loan - so just asking for 10 btc on a new thread.

I can confirm that I declined the loan... rexcoin is not trying to start a Ponzi, folks Smiley
full member
Activity: 182
Merit: 100
how many times you said you will stop ? each time you are asking for bigger loans ....

are you not interested in the project anymore ?

He declined the 30 btc loan - so just asking for 10 btc on a new thread.
full member
Activity: 182
Merit: 100
rexcoin !!

dragon tales again ?

*hides*
Yes it is :-P
full member
Activity: 182
Merit: 100
O.k, I know im new - but i have done 4 loans already or more and i paid them all back with a nice chunk of interest.

If you dont want to do this i am totally fine with it. As i am new and dont have alot of rep.

So in any case, i would love to borrow 30 btc from you. i can pay interest daily, no problem at all. Since this is the BIGGEST loan i have taken to date, I am willing to pay it back daily, you can specify how much a day, most likely i can pay it back by/on the 1st.

Let me know if you can do it, i will keep my word.

Thanks also for offering to lend people, we need more like you!
vip
Activity: 490
Merit: 271
Technically his loan percentage is capped at 7.5%, since he mentions nothing about accruing, compounding, late fees, etc....


Which seems reasonable for a short term loan. Especially since market swings of 7.5% per week is a norm around here.  Grin


I would hope if he endeavors into long term loans with the above mentioned terms that his interest rate would come down.


hero member
Activity: 602
Merit: 502
"I don't see this as profiting from you. This is a rather legitimate"

I was just joking.(#21)

"I''m really curious to understand the logic behind lending at 0%"

we follow Islamic law (similar rules exist in bible/torah) no interest on loans. we do accept gratuity, so if you are asking whats in it for us (from these loans) we dont get anything out of it , except the occasional gratuity. IBB is here to support BTC community, from the lending section you can see many people asking for loans, each has their own reason for their requests of loans, we have BTC available and we are happy to help.
sr. member
Activity: 406
Merit: 250
ah everyone profiting from me, I cleared the lending section from scammers so now you are all free to lend at interest since the scammers ran away!

but dont worry interest free loans will win in the end !

I don't see this as profiting from you. This is a rather legitimate
business practice: borrow from large lenders and re-loan retail
at higher rates. What's weird in your case is the rate at which
you loan BTCs ... I'm really curious to understand the logic
behind lending at 0%.

http://en.wikipedia.org/wiki/Islamic_banking

"Sharia prohibits the fixed or floating payment or acceptance of specific interest or fees (known as Riba or usury) for loans of money"
hero member
Activity: 602
Merit: 502
ah everyone profiting from me, I cleared the lending section from scammers so now you are all free to lend at interest since the scammers ran away!

but dont worry interest free loans will win in the end !
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