Quote from: applesauce92 on September 30, 2014, 07:28:34 PM

Quote from: haploid23 on September 30, 2014, 08:34:10 AM

You obviously have the cash, and you're not new to making the exchanges. So what's so hard about using some of that cash to go buy some btc rather than asking for a loan with a higher interest than the premium for buying quick btc? Many people on this forum can easily fill a request of 2btc exchange.

The issue was never the cash - it was that all my methods of acquisition were fully tapped until this morning - still waiting on coinbase. And honestly I had no worried about the interest rate, I make fair margins and I knew that the price would bounce back. 25% interest on an emergency loan isn't that bad. That was my max to break even - and that was my goal, to not turn away customers. Sadly I did, and may have to again, but am in a much better spot.

Yes you already said you maxed out your coinbase purchases. So again, with that much cash why are you not resourceful enough to buy btc through other means? There are plenty of ways, and 2btc can easily be bought with cash deposits, Vanilla, moneypaks, WU, MG, etc.

Asking for a loan because you have no other means to get btc is a red flag. There's no reason for you to pay 25% interest on a loan when you can buy the btc for just a few percentage above market rate.