lol, are you guys trying to set the terms on 0% interest loans ? 
Yes, just because I can. 
Topic: [CLOSED] Tomatocage's 1% interest loans, up to 20 BTC (collateral required) - page 2. (Read 11435 times)
November 13, 2013, 02:19:54 PM
November 13, 2013, 12:23:11 PM
Oh damn I just realized I didn't reload my McxNOW account with BTC. I'm going to have to return these 8 FEE shares until later tonight, AlexC. I'll post back when I get home and get some liquidity into my account there. Sorry about that!
November 13, 2013, 12:15:42 PM
Hi,
I would like to apply for another loan here.
Amount requested : 1.81BTC@1N8F6SnRLQaSgkHCD9QkMiDxHrTysMiU8g
payback : 1.82BTC includes transfer fee coverage.
payback address : 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu
payback date : Wednesday 11/27/2013
Collateral : I have already trasfered 8 x mcxFEE shares to TCEscrow on mcxnow.com to
optimize handshake procedure here, hope this is OK. If you choose not to
make this loan, just return the 8 x mcxFEE shares to AlexC.
Please tell me if i have to correct the payback address.
Thanks
AlexC
I would like to apply for another loan here.
Amount requested : 1.81BTC@1N8F6SnRLQaSgkHCD9QkMiDxHrTysMiU8g
payback : 1.82BTC includes transfer fee coverage.
payback address : 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu
payback date : Wednesday 11/27/2013
Collateral : I have already trasfered 8 x mcxFEE shares to TCEscrow on mcxnow.com to
optimize handshake procedure here, hope this is OK. If you choose not to
make this loan, just return the 8 x mcxFEE shares to AlexC.
Please tell me if i have to correct the payback address.
Thanks
AlexC
I just got in. Checking now.
November 13, 2013, 11:57:02 AM
If you insist on collateral at least accept more ways of providing it/more coins.
I don't really have the time or interest to download 50 million different alt coin clients.
November 13, 2013, 09:42:41 AM
If you insist on collateral at least accept more ways of providing it/more coins.
I don't really have the time or interest to download 50 million different alt coin clients.
November 13, 2013, 03:08:27 AM
Hi,
I would like to apply for another loan here.
Amount requested : 1.81BTC@1N8F6SnRLQaSgkHCD9QkMiDxHrTysMiU8g
payback : 1.82BTC includes transfer fee coverage.
payback address : 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu
payback date : Wednesday 11/27/2013
Collateral : I have already trasfered 8 x mcxFEE shares to TCEscrow on mcxnow.com to
optimize handshake procedure here, hope this is OK. If you choose not to
make this loan, just return the 8 x mcxFEE shares to AlexC.
Please tell me if i have to correct the payback address.
Thanks
AlexC
I would like to apply for another loan here.
Amount requested : 1.81BTC@1N8F6SnRLQaSgkHCD9QkMiDxHrTysMiU8g
payback : 1.82BTC includes transfer fee coverage.
payback address : 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu
payback date : Wednesday 11/27/2013
Collateral : I have already trasfered 8 x mcxFEE shares to TCEscrow on mcxnow.com to
optimize handshake procedure here, hope this is OK. If you choose not to
make this loan, just return the 8 x mcxFEE shares to AlexC.
Please tell me if i have to correct the payback address.
Thanks
AlexC
November 12, 2013, 11:19:21 PM
If you insist on collateral at least accept more ways of providing it/more coins.
I don't really have the time or interest to download 50 million different alt coin clients.
November 12, 2013, 07:08:52 PM
If you insist on collateral at least accept more ways of providing it/more coins.
Agreed, why don't you accept peanuts as collateral?
November 12, 2013, 07:03:57 PM
If you insist on collateral at least accept more ways of providing it/more coins.
Agreed, why don't you accept peanuts as collateral? November 12, 2013, 07:00:54 PM
If you insist on collateral at least accept more ways of providing it/more coins.
November 11, 2013, 11:29:53 PM
Looking for a potential loan, but pricing for my collateral fluxuates so let me know
I have 10 AM-PT shares on havelock..
I have 10 AM-PT shares on havelock..
Sorry man, I can't take those as collateral. Only LTC, XPM, and mcxFEE shares at the moment.
November 11, 2013, 06:12:51 PM
Looking for a potential loan, but pricing for my collateral fluxuates so let me know
I have 10 AM-PT shares on havelock..
I have 10 AM-PT shares on havelock..
November 11, 2013, 12:52:18 PM
Forgive me if I am missing something but how is this a viable business.
If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral.
This is exactly the risk I take and why I try to limit the loan term to 1 week.If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral.
Quote
If the price of the Litecoins, Primecoins, or mcxFEE shares don't fall below 20% of the price set when the loan took place then you would simply pay back the BTC with zero interest.
Yeah, pretty much. It's more of a service than a money-making method for me. Tips are always welcome though 
November 11, 2013, 06:58:52 AM
Forgive me if I am missing something but how is this a viable business.
If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral.
If the price of the Litecoins, Primecoins, or mcxFEE shares don't fall below 20% of the price set when the loan took place then you would simply pay back the BTC with zero interest.
If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral.
If the price of the Litecoins, Primecoins, or mcxFEE shares don't fall below 20% of the price set when the loan took place then you would simply pay back the BTC with zero interest.
November 08, 2013, 02:17:03 PM
Example Request
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Sorry, but I can only accept LTC, mcxNOW shares, or XPM for collateral. As your privacy is of utmost importance to me, I can not accept and do not want your ID.
November 08, 2013, 02:08:12 PM
Example Request
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
He says collateral is required...
November 08, 2013, 02:08:01 PM
Example Request
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
I will just go ahead and say no to this loan for OP since that's what he will do.
November 08, 2013, 02:02:44 PM
Example Request
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Amount requested:0.30
Purpose: Opening Gameservers NEED Some money to start up with
Term: 5 Days Tops
Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
October 28, 2013, 04:26:25 AM
Sent back your 2 mcxFEE shares. Thanks for the tip!
Confirmed, i have received the 2 mcxFEE shares.
Thanks for the loan, I will properly be back if that is OK?
/AlexC
October 27, 2013, 11:32:45 AM
Sent back your 2 mcxFEE shares. Thanks for the tip!
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