Author

Topic: Doubt reg loan (Read 1038 times)

sr. member
Activity: 573
Merit: 250
October 05, 2014, 01:53:39 PM
#2
Thats nature of BTC.
newbie
Activity: 23
Merit: 0
October 05, 2014, 01:35:20 PM
#1
BTC value keep on changing.

Lets take, i take a loan for 1 BTC @ 300 $

After a week, BTC value fell to 250. Interest is 10 %

So even if i pay 1.1 BTC, tats 275 $, isnt it a 25 $ loss to the lender ?
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