Quote from: bitcoin revo on November 06, 2015, 12:18:11 AM

Quote from: iTeachYouLearn on November 06, 2015, 12:09:20 AM

I have an iphone 5s which i'm not using (since i bought an iphone 6 in second-hand).

Valid colaterall now?

If you were okay with shipping that to the loaner/escrower and paying the fees, then sure, that's good collateral.

Quote from: iTeachYouLearn on November 06, 2015, 12:09:20 AM

I really don't understand. If i was a Sr. Member (per example) you probably will fund this loan. But let's take the user: bitcoin revo as an example.

He signed up on 2014. About 14 months ago. He has 367 posts and 364 of activity. I have 1/3 of his posts, but not even 10% of his activity just because i'm a new member on this forum. Since we only get 14 points of activity each 14 days, it would take me a few months to get there. But that's the only difference. A real scammer could spend some time here till become an high reputable member and scam a lot of money. I really don't get the point. I know the community needs to have some sort of "defence" against scammers, and since almost 80/90% of the scammers are Newbies you guys "attack" all the newbie members. But remember, all of you started as a newbie. But anyway, this is just some thoughts from a Newbie member which are neglected by the community.

That's the point. You need to understand that there is no system in the world that was absolutely perfect, and in complete harmony. The reason why we bash on newbies so much is that, yes, they're the majority of scammers. And yes, it's not fair to people who are actually legit and are newbies. Not our fault; go point your fingers to the countless newbie scammers in the past (and in the present, and the future).

The reason why higher-ranked accounts usually can do higher no collateral loans is that most loaners allow accounts to do no collateral loans of less than the market price for those accounts. This is definitely not perfect, and I don't agree with no collateral loans in the first place, but that's that. It's because the loaner could easily just sell the account for a higher amount that defaulting on a loan that is less than the value of the account itself.

Yes, there are people who have scammed despite an appearance of being trustworthy and having spent much time here. Yes, there are people who have bought accounts and proceeded to default on a loan with it. But again, there is no perfect system, and it's uncreatable. But this one does its job pretty well (although it may not seem like it to you, and I understand that since I was a newbie as well).

Quote from: iTeachYouLearn on November 06, 2015, 12:09:20 AM

If you want i can lock this thread. I can wait for another week till i get some money to start my little project.

Sorry, but unless you're using your phone as collateral, you probably should.

Hope the post helped.

Ok. I liked your answer.
Going to lock the thread then.
Hope one day the community change in some aspects.
Thanks everyone.

Quote from: Franciem on November 06, 2015, 12:13:24 AM

Quote from: iTeachYouLearn on November 05, 2015, 11:22:17 PM

Hey,

I'm asking for a 0.05 Loan for domain, hosting and SLL certificate.

I want to make a csgolottery website and the domain + hosting + SLL = around 20 Eur.
Going to buy on hostinger (they accept bitcoins with bitpay).

Interest: 0.01
Repay amount: 0.06
Repay in: 7 days
Collaterall: I don't "own" nothing. But i have 0.06 on ~~doublebot.com/?q=CmV037l9Fy9NnzDpcxI3gTHPmMOQE8N563a250de46b0~~ but it's taking too long to get the money so i'm asking this loan.
BTC address: 16e5g5jvm4R1B61YWmTxFmz2Jt3jbFJQnP

Thanks.

are this your way to share your referal from ponzi site ?
i doubt you can get LOAN, without valid collateral and your rank still newbie

Lol. You guys really hate newbies.
Dude, i don't care about referals. I don't even like doublebot.com
You can check my last Posts. I even asked admin to get my funds back since they take a lot of time to double my bitcoins.
I was a dumbass for deposited some BTCBTC there.

Quote from: Vod on November 06, 2015, 12:14:42 AM

You might as well lock the thread. It would take about a week for you to mail the collateral to the lender anyway.

As a person puts more time into their account, it's less likely they will scam using it.

Newbies have put very little time into their account. It means nothing to them, they would gladly give it up for some coins.

I spent 2 days, 4 hours and 55minutes here with only 9 days since my signup and made 115 posts. Anyway since you've got 10k posts that's nothing to you.