Post
Topic
Board Long-term offers
Re: Reputable Trader Accepting Loans 4.5% Weekly! + Free Market Rate Insurance!
by
ranlo
on 15/06/2014, 01:02:34 UTC
I offered over a week ago to loan him 2 BTC and he declined it, saying it was too much.

(He did offer to allow me to do the 2 BTC loan if I were to refer someone else to him that invested...

In my ad (OP) it has always stated that I can only borrow $1000 maximum (and $10 minimum) initially. I want to start slow and I also want the forum to recognize the value of this opportunity (I was happy to offer you an exception to my rule; just find someone who can risk $10).

This is why I am lowering interest rates and only offering promotions to repeat lenders.


Ah, that explains it. Apparently my public school math failed me miserably. See, the way I read it:

on offered a Loan of 0.772305 BTC on 06/10 to be repaid with the greater of 0.8340894 BTC or $536.75 on 06/15.  Active
kelpy offered a Loan of 0.5 BTC on 06/12 to be repaid with a sum 0.55 BTC on 06/19.  Active
nhabuon offered a Loan of $200 on 06/12 to be repaid with the greater of 0.38461539 BTC or $220 on 06/19. Fee=2%.  Active
non2 offered a Loan of 3 BTC on 06/14 to be repaid with a sum 3.3 BTC on 06/24.Active

Means 3.8 BTC + $756.75 = $2169 (Preev.com for ease) + $756.75 = $2925.75

My school taught us that $2925.75 is almost 3x $1000 (or 2.92575x, to be exact).

I apologize for the confusion, and I will be absolutely sure to write a letter to my previous math teachers to help ensure they are straightened out and understand that $3k < $1k. Thank you! You've saved many other students from going through the same failed mathematics courses.