Silk Road forums
Discussion => Newbie discussion => Topic started by: ManOfBliss on January 26, 2013, 04:18 am
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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
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The protocol is crying yourself to sleep. I've made the mistake of lending money here before, only to be disappointed and $300 poorer. Save yourself the trouble and the money and just buy your drugs instead.
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Don't loan money, ever.
If someone needs a bit cent, I usually say to just pay it forward.
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how would you collect if they dont pay you back? and any info they give you can easily be fake and you have no leverage anyway .sounds like a very bad idea
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NO
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i dont see the benefit in loaning money on the road. brings up too many questions and concerns for me
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Don't do it. It absolutely isn't safe and you're protected in no way.
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I lost more than 1000$ on SR, I was scammed by Thaistick and Purestore. Loan money is bad idea, easy money is bad idea, don't do it :)
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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
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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.
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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.
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Genuine moneylenders can make royal returns.
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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?
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i love to lick tight asian girl asshole yummmy bbq
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Just don't do it, not worth the risk man.
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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...
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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.
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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