Author

Topic: [CANCELLED] Want to borrow 122k DOGE, BTC as collateral (Read 310 times)

legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
Next time, I repeat, just tell straight you don't want take the loan, you'll both save us time.

If you want to save time, next time be prepared and have the proper calculated amount ready. You want to take a loan, not me. Wink
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
@Vod: You're didn't reply to my question, so can I say you are a scammer? (Based on your logic).

Yes you may.   Permission and forgiveness.  Smiley
member
Activity: 211
Merit: 18
@condoras: I told you how many DOGE I needed at first, but the rate was changing like crazy and you pointed it so I told you how many BTC I could give and asked you how many DOGE I could get with that, but you replied bs. I probably should have told how many BTC I could give first, but even after telling this you replied bs so the problem was definitely  not this. Next time, I repeat, just tell straight you don't want take the loan, you'll both save us time.

@Vod: You're didn't reply to my question, so can I say you are a scammer? (Based on your logic). I don't see any PrimeNumber7 in this thread, please clarify.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
I don't need the DOGE anymore

Aw geez, Vod right and PrimeNumber7 arriving after problem is solved?
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
I understand 120% collateral was risky because of the volatility it's why in another thread I was asking to the lender what amount would be fine with 0.15 BTC, I was willing to get any amount, but he finally didn't want take this loan  Roll Eyes

Ofc I didn't want to give any loan to someone that didn't know how much he wants and how much is +120% to cover me or any other lender. That's the reason that you didn't clarify how much BTC could give as collateral in your OP, because you knew that you can't cover it with 0.15BTC and you were in a "hurry" to sell your DOGE.
Next time say firstly how much you can give as collateral. It will be much easier for all.

I don't need the DOGE anymore

Good to hear it. Cool
member
Activity: 211
Merit: 18
He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.

Stop worrying about details of his scam.  People can type whatever they want.   I handled it already.   Wink

Explain me my "scam" (which is not), how is it a scam?

My offer was clear and easy to understand, "Quickseller" understood correctly, and "scammed-by-nitro" said everything that had to be said about you  Grin

I understand 120% collateral was risky because of the volatility it's why in another thread I was asking to the lender what amount would be fine with 0.15 BTC, I was willing to get any amount, but he finally didn't want take this loan  Roll Eyes

I don't need the DOGE anymore, Poloniex still didn't enable DOGE withdrawal so I had to sell everything there.

EDIT:
Poloniex finally re-enabled DOGE withdrawal after few days of lock:
https://twitter.com/PoloSupport/status/1356352677597343746
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place.  

I think users understand it's a scam when I ask a question and the OP doesn't respond.

Click on the OPs profile to see he hasn't been online after your reply.

"Last Active:   January 30, 2021"


You are too busy calling people scammers and cant even make the smallest check, hahaha. No brain!

OP has his own lending service, so he knows how it's going here with lending. It is essential that it is responsible for a short time.

I agree with Quickseller; it was very risky to do anything with a Dogecoin. price varies -40% up to +50% on a daily basis or in just a few hours. So, 120% collateral easy can be liquidated, and only an hour later it may not be necessary.
Also, I am not sure who will borrow Doge at 120 sat value and get it back when they back on 30.
member
Activity: 303
Merit: 25
The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place.  

I think users understand it's a scam when I ask a question and the OP doesn't respond.

Click on the OPs profile to see he hasn't been online after your reply.

"Last Active:   January 30, 2021"


You are too busy calling people scammers and cant even make the smallest check, hahaha. No brain!
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.

Stop worrying about details of his scam.  People can type whatever they want.   I handled it already.   Wink
copper member
Activity: 2996
Merit: 2374
He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place. 

I think users understand it's a scam when I ask a question and the OP doesn't respond.
copper member
Activity: 2996
Merit: 2374
The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place. 
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Hi,
I need 122K DOGE (I have them but they are stuck on Poloniex).
I have enough to cover 120% with BTC.

Do you have them, or does Poloniex? 
member
Activity: 211
Merit: 18
Hi,
I need 122K DOGE (I have them but they are stuck on Poloniex).
I have enough to cover 120% with BTC.
Please first post here then send me a message on Telegram @jbdee

EDIT 02/02/2021:
I don't need this loan anymore.
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