Some things are unclear, like this:
Does this mean you will only pay back £20,000 regardless of how BTC's price changes? If so it might be a bad idea.
Otherwise, does it mean you are willing to pay a larger amount if BTC's price increases?
But other than this, the concern raised by others still stands.
Websites like BTCJam tried to establish trust in users by requiring identity verification, and prior trust and everything, but it generally tended to be a bad idea without actual collateral.
Even if you could actually prove without a shred of a doubt that you had a business as you stated, there's no reason to believe you wouldn't run away with the money, which is an issue.
Furthermore... it has been about a week since you posted this... and with an actual monthly profit of £50,000, you should already have £12,500 of the £20,000 you wanted..... If your numbers aren't bogus, maybe you should just wait a few more days and you'll be able to afford everything
Quote
Loan Amount: 2.43 BTC or £20,000 depending on current value.
Does this mean you will only pay back £20,000 regardless of how BTC's price changes? If so it might be a bad idea.
Otherwise, does it mean you are willing to pay a larger amount if BTC's price increases?
But other than this, the concern raised by others still stands.
Websites like BTCJam tried to establish trust in users by requiring identity verification, and prior trust and everything, but it generally tended to be a bad idea without actual collateral.
Even if you could actually prove without a shred of a doubt that you had a business as you stated, there's no reason to believe you wouldn't run away with the money, which is an issue.
Furthermore... it has been about a week since you posted this... and with an actual monthly profit of £50,000, you should already have £12,500 of the £20,000 you wanted..... If your numbers aren't bogus, maybe you should just wait a few more days and you'll be able to afford everything