I feel like no one is going to loan a newbie 4 BTC. Just my 2 cents
with all the comments and suggestion, there is no hope of a loan for a newbie. from my understanding, there is a high risk of fraud and no guarantee of repayment. its kinda logical, if one gets scammed the first time, it will be hard to give out a loan even if the you are genuine.
That's about it. It is no different than a guy on the street asking for $500 with only a promise that he will meet you on the street a week from now. Would you do that?
you are right. but let me ask, do you loan out coins based on collateral or just pure instincts?
When someone presents a business plan for example, other businessmen can see that plan and know if it will likely work or not. If it will work and the agree with the risks, they are likely to provide investment capital because the idea will probably make money and the person borrowing would be stupid not to just keep making money legitimately (unless they're a professional scammer who does this for a living).
Personal loans however are a bit trickier, because you're asking someone to believe in the value and potential of the *person*. When you don't know that person, it's impossible to say and you might as well be playing SatoshiDice. Why don't you provide a product or service for money instead?