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Topic: 2 Bitcoin Secured Loan: At Bitlendingclub.com (Collateral Already Escrowed) - page 2. (Read 1299 times)

legendary
Activity: 1736
Merit: 1029
Some "collateral".   Roll Eyes

Quote
Confirmed! Collateral has been transferred. The domains transferred are: brentoilspot.com and oilspotprice.com; the average valuation for both is $2,559.50 (based on 5 domain valuation sites).




The loan is for approximately 1/3 the value of the collateral I put up. The Bitlendingclub.com CEO assessed whether my proposed collateral was liquid enough to compensate investors in case of default.

The bitlendingclub CEO is obviously not that smart.  oilspotprice.net is available for $10.  So is brentoilspot.net.   Tell me why someone would shell out thousands of dollars for a worthless .com?

lolz the "values" of these websites are quite false when judged by other "domain valuation sites".  I owned a domain that was apparently worth over $250,000 USD +.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Some "collateral".   Roll Eyes

Quote
Confirmed! Collateral has been transferred. The domains transferred are: brentoilspot.com and oilspotprice.com; the average valuation for both is $2,559.50 (based on 5 domain valuation sites).




The loan is for approximately 1/3 the value of the collateral I put up. The Bitlendingclub.com CEO assessed whether my proposed collateral was liquid enough to compensate investors in case of default.

The bitlendingclub CEO is obviously not that smart.  oilspotprice.net is available for $10.  So is brentoilspot.net.   Tell me why someone would shell out thousands of dollars for a worthless .com?
member
Activity: 118
Merit: 10
Some "collateral".   Roll Eyes

Quote
Confirmed! Collateral has been transferred. The domains transferred are: brentoilspot.com and oilspotprice.com; the average valuation for both is $2,559.50 (based on 5 domain valuation sites).




The loan is for approximately 1/3 the value of the collateral I put up. The Bitlendingclub.com CEO assessed whether my proposed collateral was liquid enough to compensate investors in case of default.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Some "collateral".   Roll Eyes

Quote
Confirmed! Collateral has been transferred. The domains transferred are: brentoilspot.com and oilspotprice.com; the average valuation for both is $2,559.50 (based on 5 domain valuation sites).

member
Activity: 118
Merit: 10
I am seeking a 2 bitcoin loan, and the listing is made at bitlendingclub.com. (https://bitlendingclub.com/loan/browse/lid/750)
This site is the only site that allowed me to put collateral in escrow to create a secure loan. I put up approximately 2500 (USD) dollars worth of collateral and the collateral is escrowed and held by bitlendingclub.com, who will, in the case of default, liquidate the collateral to repay lenders.

Please see more details from the bitcointalk post:
https://bitcointalksearch.org/topic/bitlendingclub-is-offering-free-escrow-service-for-collateral-loans-591226


I am confident I am able to repay my loan as it is a loan request to fund web development of a startup retail business. Thus, I put collateral up to make sure that every lender is assured that their loans will be repaid. Please feel free to contact bitlendingclub.com's support team or leave a message if you have any questions about this secured loan.



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