Hi Alia,
Confirming that I will be borrowing 0.25BTC for 14 days at the rate of 0.1% daily offering up 0.3 BTC worth of LTC as collateral - this will be escrowed by Condoras.
Confirming that I will be borrowing 0.25BTC for 14 days at the rate of 0.1% daily offering up 0.3 BTC worth of LTC as collateral - this will be escrowed by Condoras.
Update: Bigraz is topping up more collateral (0.5 LTC), bringing the collateral total to 15.14 LTC. The new liquidation price is 0.01733817701 LTC/BTC on Poloniex. This will be implemented 5-10 minutes after the transaction shows up in Poloniex (it has not yet been propagated by his sending exchange).
Edit: I have received the 0.5 LTC and the new liquidation price has been successfully set.
somewhat unclear, who keeps collateral ? you or Condoras?
condoras acted as the middleman to facilitate the exchange safely. I am currently holding his collateral of 15.14 LTC, and he has the loaned amount (0.25 BTC) with him. Also, sorry for the competition <3 love you
Issue is not competition, but safety.
Borrower have high risk giving collateral which value is more than loaned amount.(it is called collateral scam) And I do not understand why condoras does not escrowed this deal in full, with holding LTC..
( sorry, but I do not consider you a serious competitor and more over I do not try to take over the entire market)
I see why now she or he is trying hard to make themselves look good, this is what we call Karma. You give and what you get in return. I think your just building urself to later make a big scam. Also I didn't come this forum asking for loans. I been a member here for a while before I asked for any loans, I got one last week without use of collateral.
I have already had the opportunity to scam $4000 on this forum, and I did not. Even if I scammed $5, I would not be able to live with the guilt. Moreover, money is not a problem in my life, so I have no real incentive to scam anyone. Please don't make dumb and baseless accusations.
