Please just donate to the address in my sig.

I dont understand either of you two's response !

Everyone you know today was a stranger to you at some point in time.

Anyways I am not looking to run away with anyone's money and I do not wish to remain a stranger either.

As for not knowing who I am, I am ready to let people run all kinds of background checks, I would even invite anyone over at my place for some team coffee or pizza before they even decide to invest


I cannot just sit with arms folded because no one knows me, I have to make an effort to make them know me.. that is what I am doing here ^_^

Smaller loan less risky, Hence i asked for namecoins .. they are practically worthless to most..

What do you suggest would be a small loan ?

I currently have a valid reason and a valid repayment plan well thought out.
Collateral I cannot offer cuz i have none, but the equipment I'll order with the lent coins would arrive at the lender's location first and then to my location, I think that COULD serve as a collateral - honestly if I had something to sell or to keep as a collateral i'd rather sell that and buy the coins myself.


I have already linked and posted links in another post here linking to all my accounts that I have since 2006.



I think everyone deserves a chance and its easy to rather take up smaller loans that we can afford to repay if things dont work out that way I dont get under and even the buyer stays protected.
Dont know about scammers, but I have managed to not get scammed so far in life & i do not wish to scam anyone either.



How well do you know those guys ? have you met them in person ? what did they have to do to earn your trust .. or wait .. what do I have to do to get into that trust circle ?

Other than the collateral thing and being a new guy here I think I comply with the rest of ur rules so far

Thank you and doing it right now.


-edit-
Done

I appreciate the Move, thanks.

BUMP

Thanks for the interest.
I have never borrowed before so I do not know what kind of collateral I will need here.

So PM me with details pls.
Thanks

Bitcoins usually work well.

Generally in order to avoid usury regulations about interest rates and stuff like that one creates a set of options that simulate the effect of a loan.

For example find out how many bitcoins 3000 NMC is worth, multiply that by two, and for that many bitcoins you buy 3000 namecoins AND an OPTION to buy that same number of bitcoins back for however many namecoins a loan plus interest would amount to over the timespan that the option remains open.

That way you have an option to buy bitcoins really cheap (that is to say, to get your collateral back in return for the coins you loaned plus interest) and the use of the number of coins you wanted to borrow.

This way if you fail to exercise the option (aka, repay the loan) you forfeit the amount of the collateral that you failed to exercise your buy-back option on.

Make sense?

Why you do this instead of simply buying namecoins is you get to benefit from any gain in bitcoin value during the span of time involved, whereas had you spent the bitcoin you might find them very expensive to buy back later if they go up a lot in value while you are playing with namecoins.

-MarkM-