Author

Topic: 3 Bitcoins Loan (Read 559 times)

legendary
Activity: 1330
Merit: 1019
May 02, 2017, 07:13:01 AM
#9
the simple answer  is you must have something which worth 120% more than your asking loan. like you are asking for 3BTC. than you must have something atleast worth 3.6BTC..
and the thing must be able to transfer easily. because here you need an escrow also.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
May 02, 2017, 04:47:06 AM
#8
That'd be too much risk at the moment for both parties IMO. The price is at an all time high and altcoins are also volatile. 10% price swings form day to day aren't uncommon but 20% extra as collateral is already too much in a market where lending in competitive. My advice would be to not seek out a bitcoin loan unless you absolutely have to.
member
Activity: 112
Merit: 10
May 02, 2017, 04:43:48 AM
#7
3 Bitcoins is a lot of money, I doubt anyone would fill this loan unless you could provide a valid collateral  Smiley
sr. member
Activity: 588
Merit: 250
May 01, 2017, 11:33:45 AM
#6
1. Your soul.  Shocked
Sadistic reaction I would say.Not funny,not constrictive either professionally or morally.

Hey,

It's a lot to ask, but my question what collateral(s) I would need for such loan? ~2-3 Months

Regards
The collateral rule remains the same regardless of the amount you're borrowing.In a way depends on the terms lender agrees upon.They'd definitely not take anything less than 100% for an asset as a collateral.

No sense of humor and not constructive as everything you said is either obvious or said already. :/
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
May 01, 2017, 11:30:53 AM
#5
1. Your soul.  Shocked
Sadistic reaction I would say.Not funny,not constrictive either professionally or morally.

Hey,

It's a lot to ask, but my question what collateral(s) I would need for such loan? ~2-3 Months

Regards
The collateral rule remains the same regardless of the amount you're borrowing.In a way depends on the terms lender agrees upon.They'd definitely not take anything less than 100% for an asset as a collateral.
hero member
Activity: 617
Merit: 500
I am the signed message, without I am not
May 01, 2017, 11:07:24 AM
#4
1. Your soul.  Shocked
2. Alt coins well traded or not so much as long as it ain't dead.
3. Generally something worth more than 120 per cent.


I could give my soul lol
Physical items, like a computer, monitor, physical bitcoins or alike would also do.

Sadly, I do not accept souls as collateral, but I guess Lone Shark might be interested.  Wink

Edit: To add to this:
If you offer better collateral you will get a better rate.

Before you ask, no. Account do not justify. Not even your steam account with $10'000 worth of games. ID is not valid either.
Spotify, Paypal, Namecheap, Reddit, Poloniex, CoinBase, Localbitcoin or Pornhub are not valid either. They are accounts. Yes, all has been proposed before.   Roll Eyes
sr. member
Activity: 421
Merit: 250
May 01, 2017, 11:06:09 AM
#3
1. Your soul.  Shocked
2. Alt coins well traded or not so much as long as it ain't dead.
3. Generally something worth more than 120 per cent.


I could give my soul lol
sr. member
Activity: 588
Merit: 250
May 01, 2017, 11:04:46 AM
#2
1. Your soul.  Shocked
2. Alt coins well traded or not so much as long as it ain't dead.
3. Generally something worth more than 120 per cent.
sr. member
Activity: 421
Merit: 250
May 01, 2017, 11:00:15 AM
#1
Hey,

It's a lot to ask, but my question what collateral(s) I would need for such loan? ~2-3 Months

Regards
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