Reason: Pay For won auction
Ability to pay back: I have a gpu sold on bitmit, just waiting on the item to be marked as delivered so the funds are released to my wallet. amount of the auction is (.6 btc). the remaining .254 btc will be mined fairly quickly, maximum of 3 weeks
Loan will be paid in full within 3 weeks time. This allows me plenty of time to receive the item, mine the bitcoins, collect the debts owed on my bitmit auctions and return payment.
If loan is accepted, please send bitcoins to
I'm offering my legal name, address, cell phone number and forum account as collateral. this is not about building trust, i'm just in a tight spot and need a small break. Message me for my details, which you can verify on my facebook account, then you can call my cellphone as well to verify once more. if loan accepted, please provide repayment address.
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This seems fine to me, especially if you provide collateral. My only concern is how will you mine the difference in bitcoins using a GPU. I'm not very knowledgeable about mining but I do know that difficulty is so high that GPU mining is simply unprofitable. Also assuming you cannot mine the difference, how will you be paying back the loan.
Thanks
lol, no i'm selling a gpu, not mining with it. i won an auction for an ztex quad FPGA at a steal of a price about 97 dollars. coupled with my 4 Block Erupters i could pay the loan back relatively quick