I have no collateral, hence the reason I am willing to send back a percentage daily.
LOGIC FAIL.No collateral means you'll take the BTC and disappear, without making a single payment - whether it be tomorrow in a few months.
If you are willing to send 0.1btc back tomorrow, before you have a chance to use it, that means you didn't need to borrow it in the first place, right?
No. I wasnt going to use it ALL at once, sir. There are a few steps that must be taken to get the coin back on track. I plan to host a giveaway via twitter with roughly .25 btc. I then plan on paying the two devs just to start, .25 btc. The remaining .25 btc would be invested directly into the coin itself. As soon as I open a new thread and host the giveaway, the coin WILL bloom in value. Just the news alone of the take over tripled the price temporarily. If you check my posts, I announced the take over well before I attempted to look for a btc loan. Like i stated before, I have my personal btc in the coin. There will be zero issues in following my plan.
The two red flags with this loan request are:
1) You saying you will pay back something tomorrow so you don't need collateral
2) You paying back coin tomorrow thereby asking for more coin than you actually need (0.75btc)
It would be the same thing if I went into a bank, bare ass broke, and asked for a loan of $100,000. "I'm good to repay it!" I would exclaim - "I'll send you $10,000 tomorrow just to prove it." Do you think the bank would fall for that?
You will need to provide collateral if you want this loan. The risk is just too great that you won't repay, and you should never gamble with borrowed money.
https://bitcointalksearch.org/topic/m.6311902If it's a guaranteed sure thing, then I'm sure your friends and family will be happy to sell their assets to support you. They know and trust you - we don't.
