Silk Road forums

Discussion => Newbie discussion => Topic started by: ManOfBliss on January 26, 2013, 04:18 am

Title: Safety Of Loaning Money
Post by: ManOfBliss on January 26, 2013, 04:18 am
Hello,

I'm strongly considering loaning money through the Silk Road.

What is the protocol if I don't ever receive payment back from the borrower?

ManOfBliss
Title: Re: Safety Of Loaning Money
Post by: mike12124 on January 26, 2013, 05:07 am
The protocol is crying yourself to sleep. I've made the mistake of lending money here before, only to be disappointed and $300 poorer. Save yourself the trouble and the money and just buy your drugs instead.
Title: Re: Safety Of Loaning Money
Post by: DankSources on January 26, 2013, 05:30 am
Don't loan money, ever.

If someone needs a bit cent, I usually say to just pay it forward.
Title: Re: Safety Of Loaning Money
Post by: Jim of Asgard on January 26, 2013, 05:38 am
how would you collect if they dont pay you back? and any info they give you can easily be fake and you have no leverage anyway .sounds like a very bad idea
Title: Re: Safety Of Loaning Money
Post by: nacho on January 26, 2013, 05:48 am
NO
Title: Re: Safety Of Loaning Money
Post by: Rent0n on January 26, 2013, 06:16 am
i dont see the benefit in loaning money on the road. brings up too many questions and concerns for me
Title: Re: Safety Of Loaning Money
Post by: sourkey on January 26, 2013, 08:20 am
Don't do it. It absolutely isn't safe and you're protected in no way.
Title: Re: Safety Of Loaning Money
Post by: pushkin on January 26, 2013, 08:28 am
I lost more than 1000$ on SR, I was scammed by Thaistick and Purestore. Loan money is bad idea, easy money is bad idea, don't do it :)
Title: Re: Safety Of Loaning Money
Post by: mollyfan on January 26, 2013, 08:54 am
9/10 times you will get scammed... i loaned a bit a while ago and barely EVER got my money back... so all around a bad idea
Title: Re: Safety Of Loaning Money
Post by: OhOpiate on January 26, 2013, 04:59 pm
Anything under .3 btcs is ok in my book. I had to borrow once or twice because I was short just a little bit. I paid each person back double.
Title: Re: Safety Of Loaning Money
Post by: miker914 on January 26, 2013, 05:12 pm
As was previously mentioned...you can't really do a damn thing if they don't pay you back.
This is an anonymous marketplace. You have no collateral and no way to go after them.
All you can do is tell people in the forum they scammed you, which, if they aren't using their real account (who would..?) it won't matter at all.
Title: Re: Safety Of Loaning Money
Post by: Charles I on January 27, 2013, 01:14 am
Genuine moneylenders can make royal returns.
Title: Re: Safety Of Loaning Money
Post by: PotatoConnoisseur on January 27, 2013, 01:27 am
Yeah like everybody else is saying loaning money or really doing anything outside of escrow on the road is a good way to lose money. Just out of curiosity is if Jesus of Rave's investment for cheaper mdma you are considering?
Title: Re: Safety Of Loaning Money
Post by: slimsupa99 on August 07, 2013, 07:34 am
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Title: Re: Safety Of Loaning Money
Post by: xxdionysusxx on August 07, 2013, 07:48 am
Just don't do it, not worth the risk man.
Title: Re: Safety Of Loaning Money
Post by: BigPussy on August 07, 2013, 01:07 pm
There's a BTC loan site on clearnet called btcjam.com that you might want to look at. I think they have quite a high default rate though...
Title: Re: Safety Of Loaning Money
Post by: spanky loc on August 07, 2013, 03:45 pm
I'll lend up to 0.1, maybe 0.2 if it's someone I've dealt with before. No possible way to get it back otherwise, so I'm not risking more than I can afford to lose.
Title: Re: Safety Of Loaning Money
Post by: prophexy on August 07, 2013, 04:02 pm
The protocol is crying yourself to sleep. I've made the mistake of lending money here before, only to be disappointed and $300 poorer. Save yourself the trouble and the money and just buy your drugs instead.

I didn't bother reading any other posts, so someone else may have said what I'm about to say... but a good place to loan money/ask for a loan is http://www.btcjam.com