Topic: Betcoin/WPN Network Staking/Backing for the OSS IV Series! Loan considered! (Read 1305 times)

I appreciate the consideration but I do not have any of that to give to you.

If you are willing to trust me here , wouldn't let ya down , but totally understand a No.

Cheers!

What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).  Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.  

 What is not considered collateral?

- Items not in hand.  Don't trust a user that promises to give you something *when* they default!  Tracking numbers only show something has been mailed - it could be an empty box.
- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification.  So what if they can prove who they are.  Are you going to spend more money and time taking them to court on untested legal grounds?  You'll probably just walk away, like everyone does.  ID is useless.
- Games codes or similar.  To verify the collateral you need to use the code, which destroys the collateral.  Consider this a purchase, not a loan.  (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time.  Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account)

Yes I saw it , what do people usually use as for colaterall on the web? This is new to me still.

.9 BTC for 10 days is fine, but since ARP is defined differently in e.g. the EU and the USA I suggest we talk in less complicated terms. E.g. I suggest .99 repayment after 10 days (as in 240 hours) after receiving the loan.


I honestly dont care what you are doing with the money as long as you provide sufficient collateral (~1.08 BTC worth). The fact that you just ignored my question regarding it does not improve your chances.

If you would do a loan amount of .9BTC I think I could get thru the day with that. I would be able to pay back within in 10Days. APR 10%.

If you are serious , I could put a schedule together for the whole day where it would be 5050 W/SB , meaning you get your stake back before we would go 5050 on profit. Would be more profitable for us if we have a good hit!

Betcoin staff that is I assume.


Hello. This is a bitcoin forum and betcoin is just one of many casinos advertising here.


You are in the lending section if you are looking for something besides a loan you should move your thread.


So, the typical questions then:

#how much?
#collateral?
#how long?
#what interest rate?

Please ignore the child who started marking my account bad in the 1st hour Ive been here. Yes I am new to this Forum but not Betcoin. I joined per request of staff to post an article , and saw these threads so im posting a bunch before I go to bed. Cheers!

Hello! I am new to the forum here , however not new to Betcoin. I don't know if you do Stakes/Backing , but im an MTT player and they have the SSI Series going on this week. I did not have the proper funds to be playing this week ( I should've , but we live and learn right lol ).  But this could be a way bigger ROI than doing a loan.

It would be 50/50 W/ Stake back. ( Any entry you paid for the day of total MTTs would be paid back before you take 5050 profit )
Please feel free to ask around the community about me. I have a rep , not totally good with everyone , but that's who I am. Smiley Most people like me.

I used to play MTTs full time when UltimateBet/Absolute Stars and Tilt were around. I had earnings over $100k in a 9 month span. It was years ago and most of funds depleted , but still solid!

Some proper links to bring em up:

Stats for Betcoin:

Betcoin ID: WTFbitcoins?

http://www.sharkscope.com/#Player-Statistics//networks/WPN/players/WTFbi...

Played MTTs Full time on Cereus Network ( Now non existent for US )

http://www.pocketfives.com/poker-scores/maciekmajka/
http://www.pocketfives.com/poker-scores/mtt%20ownage/

If this would be something you are interested in discussing , let me know and I will def put together a schedule with totals , conversions , fees etc. It would be essentially like a loan , just a way bigger ROI on a good day! Smiley And ive had plenty!


Thanks for the read! Feel free to contact regarding any issues!

Matt
[email protected]
Skype: TrillMyWatch

Screen Shots for your comfort.
http://prntscr.com/64wkpc
http://prntscr.com/64wk2o
http://prntscr.com/64wkxa

If you want also , I guess I could just come up with a base # for a loan , it would be highly more profitable on your end however if I do have a good day. Hope we could work together!