Author

Topic: Please lend me 0.05 Bitcoins. (Read 721 times)

hero member
Activity: 798
Merit: 1000
May 30, 2014, 10:35:14 AM
#8
If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here

What is collateral? I don't know about that. Can you explain?
The auction finished. Don't want to lend btc to me. Anyway please explain collateral.

Kindly,
        Muhammed Zakhir

Collateral is something that you give to the loaner, something that is equal or more to the value of the loan. If you default the loan, then the loaner can sell the collateral to recoup losses. This means that the collateral must be easily sold.

You won't get a loan without collateral unless you have a good reputation and trust.
global moderator
Activity: 4046
Merit: 2732
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May 30, 2014, 07:53:04 AM
#7
It's a guarantee you provide to secure a loan: http://en.m.wikipedia.org/wiki/Collateral_(finance)
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
May 30, 2014, 07:20:39 AM
#6
If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here

What is collateral? I don't know about that. Can you explain?
The auction finished. Don't want to lend btc to me. Anyway please explain collateral.

Kindly,
        Muhammed Zakhir
sr. member
Activity: 378
Merit: 250
May 30, 2014, 07:02:33 AM
#5
OP is sending unsolicited PMs to people (I have received one) with the exact same text as in this OP. Seems funny that he needs a loan of 5 million satoshis to make 20 thousand satoshis a day...that's some pretty bad ROI.
If he keep doing this regularly then hope very soon some one give him negative rating for spamming because without collateral no one going to give him any loan here
legendary
Activity: 1134
Merit: 1118
May 29, 2014, 06:35:06 AM
#4
OP is sending unsolicited PMs to people (I have received one) with the exact same text as in this OP. Seems funny that he needs a loan of 5 million satoshis to make 20 thousand satoshis a day...that's some pretty bad ROI.
legendary
Activity: 1736
Merit: 1029
May 29, 2014, 06:16:14 AM
#3
I am in a middle of an auction. If I win in that, I will get 20K Satoshis and above per day. Unfortunately, the bidding went beyond my wallet balance. So I kindly request you to lend me 0.05 btc and I will return it to you in 2-3 weeks + I will give you 10% of Satoshis I get per day (Min of 2000 Satoshis per day), I promise.
My BTC address is 19pjkRG494kzFuNtK1NT1DkeDGyMTw67be .
Kindly,
         Muhammed Zakhir

Your promise doesn't mean anything.  Plus, you've already tried starting this thread before... I doubt anyone will lend you, with those pixcoins as collateral xD

OH wait, you didn't even offer collateral Roll Eyes
legendary
Activity: 2562
Merit: 1064
May 29, 2014, 06:12:09 AM
#2
do you have altcoins for collateral.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
May 29, 2014, 06:03:14 AM
#1
I am in a middle of an auction. If I win in that, I will get 20K Satoshis and above per day. Unfortunately, the bidding went beyond my wallet balance. So I kindly request you to lend me 0.05 btc and I will return it to you in 2-3 weeks + I will give you 10% of Satoshis I get per day (Min of 2000 Satoshis per day), I promise.
My BTC address is 19pjkRG494kzFuNtK1NT1DkeDGyMTw67be .
Kindly,
         Muhammed Zakhir
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