Seeking 6 BTC loan - page 3. | Bitcointalksearch.org

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: craslovell on July 03, 2013, 10:43:39 AM

Basically I don't want to miss out on the potential price boom of ltc by using them as collateral right now. I'm a small time miner (2,500kh/s scrypt) and have an avalon batch #2 in transit (only own a quarter share of that though) so I'm just looking to expand my hashing power a little and make someone some interest without risking too much of my own coins at this moment of volatility.

Then don't. We'll make an agreement that whenever you ask, I will sell a few of your coins at the current market value to equal the amount of BTC outstanding. You can then get your LTC back at anytime. Fair deal?

Quote from: KWH on July 03, 2013, 10:45:12 AM

Work it out IF LTC goes to $10, coin holder sells, pays off loan and returns left over.

Exactly what I just said!

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Vod on July 03, 2013, 10:43:11 AM

Quote from: craslovell on July 03, 2013, 10:40:18 AM

Quote from: Vod on July 03, 2013, 10:36:01 AM

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

Oh I agree, I just don't want to lose control of my ltc if its taking me three months to complete paying off the loan. Like I said a huge boom could be on the horizon. If they go to $10 a pop (speculation speculation) then I wouldn't have needed the loan in the first place.

So then you pay back the loan early and get your LTC back. What's the issue?

I'll do this 6btc loan for you repay 7btc in 3 months. 200LTC as collateral. That's a VERY slim collateral margin for me, but since the collateral is a cryptocurrency, I am willing to take the risk.

Work it out IF LTC goes to $10, coin holder sells, pays off loan and returns left over.

craslovell

legendary

Activity: 1470

Merit: 1021

Basically I don't want to miss out on the potential price boom of ltc by using them as collateral right now. I'm a small time miner (2,500kh/s scrypt) and have an avalon batch #2 in transit (only own a quarter share of that though) so I'm just looking to expand my hashing power a little and make someone some interest without risking too much of my own coins at this moment of volatility.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: craslovell on July 03, 2013, 10:40:18 AM

Quote from: Vod on July 03, 2013, 10:36:01 AM

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

Oh I agree, I just don't want to lose control of my ltc if its taking me three months to complete paying off the loan. Like I said a huge boom could be on the horizon. If they go to $10 a pop (speculation speculation) then I wouldn't have needed the loan in the first place.

So then you pay back the loan early and get your LTC back. What's the issue?

I'll do this 6btc loan for you repay 7btc in 3 months. 200LTC as collateral. That's a VERY slim collateral margin for me, but since the collateral is a cryptocurrency, I am willing to take the risk.

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: Vod on July 03, 2013, 10:36:01 AM

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

Oh I agree, I just don't want to lose control of my ltc if its taking me three months to complete paying off the loan. Like I said a huge boom could be on the horizon. If they go to $10 a pop (speculation speculation) then I wouldn't have needed the loan in the first place.

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: KWH on July 03, 2013, 10:37:28 AM

Quote from: Vod on July 03, 2013, 10:36:01 AM

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

With that kind of collateral, I would be tempted to do this loan. Grin

I have my rusty butterknife and foam cooler on standby

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: Damnsammit on July 03, 2013, 10:36:51 AM

Quote from: craslovell on July 03, 2013, 10:33:56 AM

By the way, epic photo, Dude.

Where's the money lebowski

hahaha! I was just about to comment on your Pink Floyd quote(ish)... very nice

"Hashing away, the moments that make up a dull day."

I now have Time stuck in my head!

I see we have much in common.

Yes had to mod the lyrics to make them mining appropriate

my favorite band

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Vod on July 03, 2013, 10:36:01 AM

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

With that kind of collateral, I would be tempted to do this loan. Grin

Damnsammit

sr. member

Activity: 406

Merit: 250

Quote from: craslovell on July 03, 2013, 10:33:56 AM

By the way, epic photo, Dude.

Where's the money lebowski

hahaha! I was just about to comment on your Pink Floyd quote(ish)... very nice

"Hashing away, the moments that make up a dull day."

I now have Time stuck in my head!

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: craslovell on July 03, 2013, 10:33:15 AM

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

1) Send your LTC to a trusted third party (escrow)
2) Receive your BTC
3) Pay back your BTC
4) Receive your LTC back

Much easier than losing a kidney.

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: Damnsammit on July 03, 2013, 10:19:05 AM

Quote from: KWH on July 03, 2013, 10:17:13 AM

If legit, you will get them back. Escrow is an option.

This.

Use John K, and your 200 LTC will be safe and ready for a return to your wallet after you repay the BTC loan.

By the way, epic photo, Dude.

Where's the money lebowski

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: KWH on July 03, 2013, 10:29:20 AM

Quote from: craslovell on July 03, 2013, 10:24:18 AM

I know I can get the ltc back. The point of not using them is I'm looking for a three month loan term and *if* gox actually starts trading in ltc the boom could be in two or three weeks. All speculation I know, but its the name of the game!

Also patiently waiting to send smoothie my ltc for a set of two of his physical coins Wink

The loan is important to me because I want to up my mining power, but not as important as the future of my measly ltc holdings. Perhaps some physical items could be used as collateral for escrow? I have no idea. Digitally I don't have much to offer that I can think of.

There are some long time forum members I know that might vouch for me but I don't want to use a reference before getting their permission Cheesy

Why go through all that? Escrow, get loan, pay back, done.

Yes escrow with what? Thats my dilemma. Anyone have any use for an extra kidney?

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: craslovell on July 03, 2013, 10:24:18 AM

I know I can get the ltc back. The point of not using them is I'm looking for a three month loan term and *if* gox actually starts trading in ltc the boom could be in two or three weeks. All speculation I know, but its the name of the game!

Also patiently waiting to send smoothie my ltc for a set of two of his physical coins Wink

The loan is important to me because I want to up my mining power, but not as important as the future of my measly ltc holdings. Perhaps some physical items could be used as collateral for escrow? I have no idea. Digitally I don't have much to offer that I can think of.

There are some long time forum members I know that might vouch for me but I don't want to use a reference before getting their permission Cheesy

Why go through all that? Escrow, get loan, pay back, done.

craslovell

legendary

Activity: 1470

Merit: 1021

I know I can get the ltc back. The point of not using them is I'm looking for a three month loan term and *if* gox actually starts trading in ltc the boom could be in two or three weeks. All speculation I know, but its the name of the game!

Also patiently waiting to send smoothie my ltc for a set of two of his physical coins Wink

The loan is important to me because I want to up my mining power, but not as important as the future of my measly ltc holdings. Perhaps some physical items could be used as collateral for escrow? I have no idea. Digitally I don't have much to offer that I can think of.

There are some long time forum members I know that might vouch for me but I don't want to use a reference before getting their permission Cheesy

Damnsammit

sr. member

Activity: 406

Merit: 250

Quote from: KWH on July 03, 2013, 10:17:13 AM

If legit, you will get them back. Escrow is an option.

This.

Use John K, and your 200 LTC will be safe and ready for a return to your wallet after you repay the BTC loan.

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: craslovell on July 03, 2013, 10:09:36 AM

Quote from: Vod on July 03, 2013, 10:05:12 AM

Quote from: craslovell on July 03, 2013, 10:00:25 AM

I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest

Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first.

Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations.

PMs are welcome, thank you!

I won't accuse you of being a scammer if you are serious about this loan and have $600 in collateral to back it up.

Otherwise....

I am attempting to think of something to use right now. I have no mining shares or anything. I do have slightly over 200 ltc but under no circumstance do I want to let them go right now.

If legit, you will get them back. Escrow is an option.

Damnsammit

sr. member

Activity: 406

Merit: 250

6 BTC @ current prices = $483

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: Vod on July 03, 2013, 10:05:12 AM

Quote from: craslovell on July 03, 2013, 10:00:25 AM

I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest

Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first.

Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations.

PMs are welcome, thank you!

I won't accuse you of being a scammer if you are serious about this loan and have $600 in collateral to back it up.

Otherwise....

I am attempting to think of something to use right now. I have no mining shares or anything. I do have slightly over 200 ltc but under no circumstance do I want to let them go right now.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: craslovell on July 03, 2013, 10:00:25 AM

I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest

Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first.

Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations.

PMs are welcome, thank you!

I won't accuse you of being a scammer if you are serious about this loan and have $600 in collateral to back it up.

Otherwise....

craslovell

legendary

Activity: 1470

Merit: 1021

I'm looking for a 6btc loan to fund the purchase of extra mining hardware. Interest rate for payback is negotiable, but of course I don't want to get too owned by interest

Looking for a 3 month term if applicable. I am willing to provide proof of identity if necessary for the loan. I am fairly new to the forum but becoming more active each day. I've been involved in crypto for several months but was a sideline watcher on the forums at first.

Feel free to deny the loan, just try your hardest not to be an asshole and troll me with accusations.

PMs are welcome, thank you!

Topic: Seeking 6 BTC loan - page 3. (Read 2268 times)