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Khorne posted:The risk of lending someone who needs a $200 loan is immense. I wouldn't do it even with a 400% APR. Or at least until it becomes legal for someone to sign over their second kidney as collateral.
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Feb 13, 2018 23:34
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Soylent Yellow posted:Or at least until it becomes legal for someone to sign over their second kidney as collateral. Please support my new site, kidney bitcoin loan exchange, otherwise known as kid bit loan exchange
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Feb 13, 2018 23:46
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divabot posted:I wrote up Salon's mining in the browser thing. Oh hey, I got attack of the 50ft blockchain the other day and it was good as hell
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Feb 13, 2018 23:54
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divabot posted:I wrote up Salon's mining in the browser thing. 
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Feb 14, 2018 00:03
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jon joe posted:Please support my new site, kidney bitcoin loan exchange, otherwise known as kid bit loan exchange New ICO on Renalcoin incoming as soon as I can find someone who knows what the hell they're doing. I'm just the ideas guy. Renalcoin ©® Soylent Yellow 2018 Original character do not steal.
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Feb 14, 2018 00:05
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Quote is not edit.
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Feb 14, 2018 00:20
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lazorexplosion posted:Oh hey, I got attack of the 50ft blockchain the other day and it was good as hell  oh and Salon also lied about not overdoing it with your CPU: https://twitter.com/bad_packets/status/963512608610332672
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Feb 14, 2018 00:20
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Khorne posted:Those APRs are reasonable for real short term loans. If you borrow $200 and pay it back in a day you'll pay a few dollars on it. Obviously, you get wrecked if you can't pay it back immediately. First of all they usually get you to write them a check for the amount to be repaid or get your bank details so not really, the only risk is if you are so drat broke you literally don't have $20 for them to pull out of your account in installments. I'd be pretty amazed if they had a very high rate of loans that default, and then they can sell them on to collectors so you're not really out the whole amount anyway. Second of all sure fine loan me $500 I'll pay you back $550 in a month but the predatory part is when they obfuscate all the fees and poo poo and run the scam on unsuspecting people who just need some help and then before you know it you've paid $300 in "service fees" on a $500 loan meaning $0 of the principal is paid down and the interest has also been ticking so you still owe them $550 despite the $100/mo payments you've been making - how would you like to pay? Or we can roll this over to a new loan for you. Sure, you're right, if they were legit trying to just make an honest buck (as honest as you can be with usury) then that's one thing but for real these are some of the shittiest most predatory "businesses" that exist in this country and what's more they directly prey on people already so destitute that they are living paycheck to paycheck and not even making ends meet with that. Moridin920 fucked around with this message at 00:36 on Feb 14, 2018 |
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Feb 14, 2018 00:33
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Moridin920 posted:First of all they usually get you to write them a check for the amount to be repaid or get your bank details so not really, the only risk is if you are so drat broke you literally don't have $20 for them to pull out of your account in installments. I'd be pretty amazed if they had a very high rate of loans that default, and then they can sell them on to collectors so you're not really out the whole amount anyway. Yeah, the other big scam that can happen (which Scott Tucker's companies did) is obfuscate the terms so the APR listed is what you pay if you pay in full on the first payment date. But they label everything as if you'd be pay $x payments, and when you end up doing that payment on the date, it is actually a "renewal fee". The standard Tucker loan would have the first 4 "payments" be renewal fees, so not even a cent of principal is touched. Most people would think by that time they'd be close to done, when in reality their loan has ballooned out. Now the APR is in the thousands of percent rather than hundreds.
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Feb 14, 2018 00:47
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Moridin920 posted:Sure, you're right, if they were legit trying to just make an honest buck (as honest as you can be with usury) then that's one thing but for real these are some of the shittiest most predatory "businesses" that exist in this country and what's more they directly prey on people already so destitute that they are living paycheck to paycheck and not even making ends meet with that. I get pissed off at car dealership bullshit and my state has decent regulation against it. That doesn't stop them from still being as lovely as legally possible. Khorne fucked around with this message at 01:09 on Feb 14, 2018 |
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Feb 14, 2018 01:00
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I'm here to use my gpu to mine crypto money and talk about investing in my rear end, and I'm all out of GPUs because the lithunian retard mafia keeps buying them.
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Feb 14, 2018 01:05
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Minimalist Program posted:I am still offering early movers the unique opportunity to invest heavily into, my rear end.
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Feb 14, 2018 01:19
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I just got this Twitter ad and after 2 minutes staring at it I still can't figure out what on Earth it is actually trying to sell and/or say.
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Feb 14, 2018 01:43
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Moridin920 posted:First of all they usually get you to write them a check for the amount to be repaid or get your bank details so not really, the only risk is if you are so drat broke you literally don't have $20 for them to pull out of your account in installments. I'd be pretty amazed if they had a very high rate of loans that default, and then they can sell them on to collectors so you're not really out the whole amount anyway. The irony? The Blockchain would be able to fix all these problems, because it’s based on Transparecy and immutability. Also Smart Contracts. It’s too bad the government is too blind to see.
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Feb 14, 2018 01:49
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Can’t wait for the Dirty Money episode on crypto. First season was good.
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Feb 14, 2018 03:26
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Litecoin moving, divorcing from BTC here a bit, look at the charts, higher volume, what's the deal with that?
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Feb 14, 2018 03:44
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proctorbot posted:Litecoin moving, divorcing from BTC here a bit, look at the charts, higher volume, what's the deal with that? Upcoming fork? Or possibly litepay? hostile apostle fucked around with this message at 03:54 on Feb 14, 2018 |
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Feb 14, 2018 03:51
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proctorbot posted:Litecoin moving, divorcing from BTC here a bit, look at the charts, higher volume, what's the deal with that? Some scam somewhere is going down
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Feb 14, 2018 04:29
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stab posted:Some scam somewhere is going up uP UP
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Feb 14, 2018 04:59
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Can I buy prostitutes with bitcoin?
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Feb 14, 2018 05:01
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Generally not. They are too intelligent to accept something that is not cash.
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Feb 14, 2018 05:31
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https://www.reddit.com/r/BitcoinGoneWild/ Rock Puncher fucked around with this message at 05:59 on Feb 14, 2018 |
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Feb 14, 2018 05:53
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Feb 14, 2018 05:57
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Christ someone is advertising kiddie porn on this fuckin’ thing.
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Feb 14, 2018 06:07
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VanSandman posted:Christ someone is advertising kiddie porn on this fuckin’ thing. That's bitcoin and/or reddit
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Feb 14, 2018 06:33
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Someone found bitcoins killer app!! (Besides hiring contract killers)
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Feb 14, 2018 07:02
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Raldikuk posted:Yeah, the other big scam that can happen (which Scott Tucker's companies did) is obfuscate the terms so the APR listed is what you pay if you pay in full on the first payment date. But they label everything as if you'd be pay $x payments, and when you end up doing that payment on the date, it is actually a "renewal fee". The standard Tucker loan would have the first 4 "payments" be renewal fees, so not even a cent of principal is touched. Most people would think by that time they'd be close to done, when in reality their loan has ballooned out. Now the APR is in the thousands of percent rather than hundreds. The new Netflix doc series "Dirty Money" features this guy on the second episode. They even interview him and his family and they are the most unapologetic shits ever. It's all woe is me I am such a victim of the big bad government they are ruining my life. If you don't believe in guillotines for financial criminals, just listening to his wife will change your mind. She literally says that their lives are being ruined over "just a number in a box." It was pretty hilarious how heart broken he looked when they were taking his multiple sports cars away. Waltzing Along posted:Can I buy prostitutes with bitcoin? Kung Food fucked around with this message at 07:06 on Feb 14, 2018 |
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Feb 14, 2018 07:04
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Waltzing Along posted:Can I buy prostitutes with bitcoin? Of course you can, because it's obviously going to be better with johnchain https://www.smartcompany.com.au/startupsmart/news-analysis/sex-industry-blockchain-startup-intimate-4-5-million-ico-pre-sale/ everyone will love having an indelible and unchangeable record of every time they went to a strip club or prostitute
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Feb 14, 2018 07:12
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Waltzing Along posted:Can I buy prostitutes with bitcoin? You sure can, buddy! Well not “buy”, you rent them https://www.youtube.com/watch?v=0j0Hp-TaCKA NSFW: https://www.youtube.com/watch?v=gj3hSvPuzZ8
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Feb 14, 2018 07:18
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Another BitConnect scam is starting to sell their fantasy currency on Sunday. They claim Artificial Intelligence Neural Network bot trading will give you 3% profit daily. https://eoz.com/whitepaper.pdf EOZ оffеrs аn еffесtivе mеthоd for invеѕting in, аnd ѕесuring thе vаluе оf, thе $1 billion+ сrурtосurrеnсу market. ● EOZ is a highly secure, decentralized platform that uses our proprietary сrурtосurrеnсу bоt. ● An Artifiсiаl Nеurаl Nеtwоrk (Dеер Learning) gives trading signals tо our bot. ● EOZ is a uniquе blосkсhаin technology with inhеrеnt vаluе as a ѕесurе сrурtосurrеnсу that intrоduсеѕ dесеntrаlizеd lеnding оn blockchain. ● EOZ рrоvidеѕ decentralized solutions designed to mitigate risk.  
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Feb 14, 2018 08:02
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Minimalist Program posted:I am still offering early movers the unique opportunity to invest heavily into, my rear end. I PMd you my kik and snap let’s get this party started.
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Feb 14, 2018 08:15
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Waltzing Along posted:Can I buy prostitutes with bitcoin? I PMd you my kik and snap let’s get this party started.
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Feb 14, 2018 08:18
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Pokey Araya posted:You've obviously never hung around drug dealers. I PMd you my kik and snap let’s get this party started.
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Feb 14, 2018 08:23
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null posted:I have a chain of illegals I PMd you my kik and snap let’s get this party started.
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Feb 14, 2018 08:26
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Risc1911 posted:Another BitConnect scam is starting to sell their fantasy currency on Sunday. They claim Artificial Intelligence Neural Network bot trading will give you 3% profit daily. A Satoshi scheme
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Feb 14, 2018 08:31
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Comfy Fleece Sweater posted:A Satoshi scheme 
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Feb 14, 2018 08:34
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Risc1911 posted:Another BitConnect scam is starting to sell their fantasy currency on Sunday. They claim Artificial Intelligence Neural Network bot trading will give you 3% profit daily.
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Feb 14, 2018 09:26
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Waltzing Along posted:Can I buy prostitutes with bitcoin?
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Feb 14, 2018 09:27
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gary oldmans diary posted:its upsetting to see this brazenly obvious scam and know that it is going to rake in a lot of cash for the scammer It's not that upsetting.
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Feb 14, 2018 09:28
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its pretty upsetting. a code of ethics and/or basic human empathy are the most expensive things
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Feb 14, 2018 09:29
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