Silk Road forums
Discussion => Silk Road discussion => Topic started by: Al4np47n3 on August 08, 2012, 08:57 am
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So I've seen a few offers from pretty reputable vendors requesting loans that yield anything from 12% after 6 weeks to 40% within a week.
Usually if something seems too good to be true it invariably is but there seems to be alot of positive feedback and reasonable uptake.
Does anyone know or could they direct me to the legality of these things, i.e. if I dont ask questions and the project being undertaken with my funds turns out to be illegal am I in anyway responsible?
It seems weird to me that people with large volumes of sales are requiring small cash injections, but then I suppose they add up and can help with larger projects which they could not fund through other (non-anonymous) channels.
All thoughts / feedback / anecdotes welcome.
Hope this is the right place for this thread if not mods could you send it to where it belongs.
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I can only speak on a few months of experience, but if you have the money, and the vendor looks trustworthy (they've been around for a good amount of time), I'd say go for it. Although there's probably a few other people who would disagree with me vehemently. Your choice in the end.
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So I've seen a few offers from pretty reputable vendors requesting loans that yield anything from 12% after 6 weeks to 40% within a week.
Usually if something seems too good to be true it invariably is but there seems to be alot of positive feedback and reasonable uptake.
Does anyone know or could they direct me to the legality of these things, i.e. if I dont ask questions and the project being undertaken with my funds turns out to be illegal am I in anyway responsible?
It seems weird to me that people with large volumes of sales are requiring small cash injections, but then I suppose they add up and can help with larger projects which they could not fund through other (non-anonymous) channels.
All thoughts / feedback / anecdotes welcome.
Hope this is the right place for this thread if not mods could you send it to where it belongs.
Hi Alan,
Thanks for your message. I offer an investment program myself which guarantees to return your principal i.e your original investment plus 6% after 30 days.
Although some of my initial capital was obtained from more dubious ventures, I now only invest in ethical and legal ventures. I keep this separate from my Bitcoin trading business as I hope to do this on a more full time basis in future.
Feel free to take a peek at my listing for this on SR:
http://silkroadvb5piz3r.onion/silkroad/item/23cd2cd838
All the best,
V.
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I believe loaning out BTC is solely up to the owner of the wallet. :)
If you trust the person you're giving the coins to and you're sure they'll return them, then go for it.
NOT TO MENTION.. a reputable vendor with a loan listing.
They are probably full out business men/women.
Either way. :D
Enjoy your day!
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bump
fwiw I went with a trusted well reviewed seller who paid me early but at the full % return and as per agreed (tied to USD)
having been busy over the past few days it was pretty pleasing to see that along with getting paid early bitcoins have taken a pretty nice price increase since then as well, but i guess that could ve swung either way.
anyone who has a good bitcoin tracking / market movement monitoring site to recommend would be much appreciated
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12-40% / week ===> HYIP
12% / week == 36152% / year (compounding).
That's even higher then PPTs, totally ridiculous.
Ponzi's are looking very nice..."just like in Paradise"....
...untill abruptly, you loose everything.