Post
Topic
Board Lending
Re: Looking to borrow 600 BTC @ 3.5% weekly
by
zebedee
on 26/02/2013, 01:04:16 UTC
I am looking to borrow BTC600 and repay you over the next two months at 3.5% per week.

I would prefer to take the loan from as few people as possible, maybe 10 loans of BTC60 I would personally look over, otherwise I will go about creating a listing at btcjam or bitfunder etc
(would need a platform to manage if many small loans end up making the total)
So let's see if I can borrow BTC600 from 10 or so people here before I need to make a listing. Please post here / PM me if interested.

Payment schedule as follows:

March 1- borrow 600
March 8-  owe 621
March 15- owe 642.735
March 22- owe 665.230725
March 29- owe 688.5138 / 8 = 86.0647 payment = 602.4491 leftover
April 5- owe 623.5348 / 7 = 89.0764 payment = 534.4584 leftover
April 12- owe 553.1644 / 6 = 92.1940 payment = 460.9704 leftover
April 19- owe 477.1043 / 5 = 95.4208 payment = 381.6832 leftover
April 26- owe 395.0421 / 4 = 98.7605 payment = 296.2816 leftover
May 3- owe 306.6514 / 3 = 102.2171 payment = 204.4343 leftover
May 10- owe 211.5895 / 2 = 105.7947 payment = 105.7947 leftover
May 17- 109.4975 final payment

 600 borrowed, 776 paid back

I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay.
Good luck!