Topic: Requesting 500-1000 BTC Loan (Read 3080 times)

Then you will have to say that to our happy clientele.

Warning: It's a very high number.

You sir you made my day, too bad I don't offer coins for laughs.


Indeed, I'm pretty sure this kid is underage or he is a very immature adult.

Wait for the rage quit part 

And I can guarantee no one will give a loan, not even for 1 BTC.

He wins.

LMFAO "BITCH-LOT" AHAHAH

WHAT A BOGEY PLACE THAT IS, I can guarantee no one will be using that place

You've descrived yourself in just one simple word. It must be frustating to be a class A lunatic individual that swears at potential lenders all the time scaring them away.

Please grab some popcorn and read this immature insult:
https://bitcointalksearch.org/topic/m.1013588

About adding value to the community. I run BTCLot and in October this year it will be our first year in business. I think my work speaks for myself.

What about you ?

You certainly are on track for that loan buddy.

morons like you will always be around huh, why don't you add value to the place next time freak

well shit. too bad the difficulty increase will cut it down to 150.

confirmed.

+10000

I'm not surprised  

Most scammers in here are familiar.

The ASIC joke, priceless 

True, i'm a bit skeptical of BFL (which is why I haven't bought anything ).

If I did a loan like this, the device would go to my mining escrow agent until paid.

However, there is more credit risk than simply the lender in situations like this, it's the manufacturer as well.  We're in the second half of 2012 and BFL are still working through a backlog of orders.  There is no doubt they have that product - the new one is a bit unknown.

None of this applies to him if he doesn't plan on paying it back. 

If you went to a bank and told them you wanted a loan to buy a house, do you think they would give it to you immediately? Be reasonable. You need to work to show you are reliable and are legitimate. You need to give us all information on your mining experience and various other things. This includes your personal information. If you intend to do this once someone PMs you, please say this in your post. A one sentence post will get you nothing, except being called a troll or scammer.

hahahahaha i almost pee with this 

This dude sounds strangely like:

https://bitcointalksearch.org/topic/m.978272

and

https://bitcointalksearch.org/topic/m.977725

Someone wants a 250 coin loan for some BFL SC stuff.  A really good rate for an unsecured loan would be 2%/week.  Let's have it start at 1 July 2012.

1-Jul-2012 250 established, interest 5 coins/week.

by 9-Sep, interest has reached 6 coins/week and the balance is 304.7
by 4-Nov  interest has reached 7 coins/week and the balance is 357.1
by 23-Dec  interest has reached 8 coins/week and the balance is 410.1

And, if by some miracle BFL actually deliver, you owe 410.1BTC and need to mine at 8 coins/week just to pay interest.

40Ghash BFL SC single.
Possible network speed 30Thash (modest, about double current based on an assessment of how many MR-SC will be released). 
Difficulty 3.5M, so 40 Ghash might deliver 6 coins/day (25 coins/block)

If, more likely, you are in the queue and wait a further three months, your loan is now 510 BTC and 10 coins/week in interest.
Difficulty will be higher as all those singles will be shipped, and you're earning 20 coins/week, so payback is going to take most of 2013.


My alternative (and I am actually doing this) is not to give BFL any money until they actually have product.  I'm sticking 250 coins into my BS&T account and by the end of the year my 250 deposit is around 1000 coins.  Then I'm doing my upgrade order and waiting "4-6 weeks" delivery and as the price of coins is likely to have moved, the 250 coin cost might only be 200 (or less).  I'm still mining at 20 coins/week, but with 800 more coins in the bank.

Subbing, but I have something else to do (real BTC work) before providing some economics on how expensive a BFL loan actually is.

hahahaha...too funny 

Where are you currently mining and how many GH/s do you currently have?  How much savings do you have? 

What is your plan if ASIC's don't ship until next March?

FTFY