i don't need a loan but i need a guy that offers loans for future use - page 2.

spy100

sr. member

Activity: 658

Merit: 257

Quote from: RedhatCAT on February 22, 2015, 04:55:30 PM

Quote from: spy100 on February 22, 2015, 04:12:07 PM

Quote from: RedhatCAT on February 22, 2015, 04:01:42 PM

Quote from: spy100 on February 22, 2015, 03:51:29 PM

it does not make sense to give collateral 120% in skirll,perfect money or a e-currency when you can exchange that and get the amount you need... for 10 % rate or less as a example

i understand if they accept domains,websites,e-stocks etc ,but for other type of currency unusual...

I have really not seen very many loans that use things like skrill or PM as collateral. More common collateral would be things like altcoins. People use altcoins as collateral because they think the value of such collateral will rise in the future and do not want to miss out on the price increase while the loan is outstanding.

weird but if it works ok ,i have nothing against this ...

i hope the system is not like the swiss francs loans in eastern europe ,both sides get screwed.

Well people have the opportunity to have the lender (or escrow) sell the altcoin if the time comes that is something necessary to do. Also the lender will generally automatically sell the altcoin if it's price reaches a certain low point.

From what I have seen, most of the time, loans secured with altcoin collateral are successful

i understand ,not my job to say to people what to do with their money ,but i am looking for a guy that gives loans ,not exchanges altcoins ...the altcoin loan system is more like an exchange then a loan.

spy100

sr. member

Activity: 658

Merit: 257

Quote from: jorjito25 on February 22, 2015, 04:56:03 PM

Quote from: spy100 on February 22, 2015, 04:22:35 PM

Quote from: jorjito25 on February 22, 2015, 04:05:39 PM

Quote from: spy100 on February 22, 2015, 03:56:27 PM

Quote from: Glucose on February 22, 2015, 03:25:54 PM

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

interest ok but max limit to low ,i was thinking around 0.1-2 btc max

U dont going to get that amount here without a valid collateral.
U should understand this...

ok i understand you need collateral ,but if i put let's say as example:
10000 euros as collateral for "8000 usd loan + 20 interest"
i have to give back 9600 usd
but if i exchange the 10000 euros at the bank before i get the loan i get 9000 USD,i can use the 8000 usd for a project and i am left with 1000 usd to buy what i want

This is what i don't get with the altcoin loan system

Well... some people dosent change his alts couse they think the price could go up...
I dont know... there are more types of collateral but one thing for sure, no one will provide u 200 or 500 dollars without a valid collateral.

sure i would not give a loan without collateral also ,but for the altcoin thing ...i think does people don't have basic financial knowledge...

jorjito25

hero member

Activity: 490

Merit: 500

Quote from: spy100 on February 22, 2015, 04:22:35 PM

Quote from: jorjito25 on February 22, 2015, 04:05:39 PM

Quote from: spy100 on February 22, 2015, 03:56:27 PM

Quote from: Glucose on February 22, 2015, 03:25:54 PM

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

interest ok but max limit to low ,i was thinking around 0.1-2 btc max

U dont going to get that amount here without a valid collateral.
U should understand this...

ok i understand you need collateral ,but if i put let's say as example:
10000 euros as collateral for "8000 usd loan + 20 interest"
i have to give back 9600 usd
but if i exchange the 10000 euros at the bank before i get the loan i get 9000 USD,i can use the 8000 usd for a project and i am left with 1000 usd to buy what i want

This is what i don't get with the altcoin loan system

Well... some people dosent change his alts couse they think the price could go up...
I dont know... there are more types of collateral but one thing for sure, no one will provide u 200 or 500 dollars without a valid collateral.

RedhatCAT

full member

Activity: 123

Merit: 100

Quote from: spy100 on February 22, 2015, 04:12:07 PM

Quote from: RedhatCAT on February 22, 2015, 04:01:42 PM

Quote from: spy100 on February 22, 2015, 03:51:29 PM

it does not make sense to give collateral 120% in skirll,perfect money or a e-currency when you can exchange that and get the amount you need... for 10 % rate or less as a example

i understand if they accept domains,websites,e-stocks etc ,but for other type of currency unusual...

I have really not seen very many loans that use things like skrill or PM as collateral. More common collateral would be things like altcoins. People use altcoins as collateral because they think the value of such collateral will rise in the future and do not want to miss out on the price increase while the loan is outstanding.

weird but if it works ok ,i have nothing against this ...

i hope the system is not like the swiss francs loans in eastern europe ,both sides get screwed.

Well people have the opportunity to have the lender (or escrow) sell the altcoin if the time comes that is something necessary to do. Also the lender will generally automatically sell the altcoin if it's price reaches a certain low point.

From what I have seen, most of the time, loans secured with altcoin collateral are successful

spy100

sr. member

Activity: 658

Merit: 257

Quote from: jorjito25 on February 22, 2015, 04:05:39 PM

Quote from: spy100 on February 22, 2015, 03:56:27 PM

Quote from: Glucose on February 22, 2015, 03:25:54 PM

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

interest ok but max limit to low ,i was thinking around 0.1-2 btc max

U dont going to get that amount here without a valid collateral.
U should understand this...

ok i understand you need collateral ,but if i put let's say as example:
10000 euros as collateral for "8000 usd loan + 20 interest"
i have to give back 9600 usd
but if i exchange the 10000 euros at the bank before i get the loan i get 9000 USD,i can use the 8000 usd for a project and i am left with 1000 usd to buy what i want

This is what i don't get with the altcoin loan system

spy100

sr. member

Activity: 658

Merit: 257

Quote from: RedhatCAT on February 22, 2015, 04:01:42 PM

Quote from: spy100 on February 22, 2015, 03:51:29 PM

it does not make sense to give collateral 120% in skirll,perfect money or a e-currency when you can exchange that and get the amount you need... for 10 % rate or less as a example

i understand if they accept domains,websites,e-stocks etc ,but for other type of currency unusual...

I have really not seen very many loans that use things like skrill or PM as collateral. More common collateral would be things like altcoins. People use altcoins as collateral because they think the value of such collateral will rise in the future and do not want to miss out on the price increase while the loan is outstanding.

weird but if it works ok ,i have nothing against this ...

i hope the system is not like the swiss francs loans in eastern europe ,both sides get screwed.

jorjito25

hero member

Activity: 490

Merit: 500

Quote from: spy100 on February 22, 2015, 03:56:27 PM

Quote from: Glucose on February 22, 2015, 03:25:54 PM

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

interest ok but max limit to low ,i was thinking around 0.1-2 btc max

U dont going to get that amount here without a valid collateral.
U should understand this...

RedhatCAT

full member

Activity: 123

Merit: 100

Quote from: spy100 on February 22, 2015, 03:51:29 PM

Quote from: RedhatCAT on February 22, 2015, 03:24:05 PM

I don't think you are going to find any lender who is willing to make an ongoing commitment to lend to you.

I understand that some lenders have in excess of 10 BTC to lend and others have hundreds of BTC available. As long as you have sufficient collateral then you should be able to take out essentially unlimited amounts of a loan. Generally speaking you will need to be able to offer something that is irreversible, and can quickly be sold for 120% of the amount you will have to repay when the loan is due.

Interest rates tend to be very high here, usually around 5%-10% per week

it does not make sense to give collateral 120% in skirll,perfect money or a e-currency when you can exchange that and get the amount you need... for 10 % rate or less as a example

i understand if they accept domains,websites,e-stocks etc ,but for other type of currency unusual...

I have really not seen very many loans that use things like skrill or PM as collateral. More common collateral would be things like altcoins. People use altcoins as collateral because they think the value of such collateral will rise in the future and do not want to miss out on the price increase while the loan is outstanding.

spy100

sr. member

Activity: 658

Merit: 257

Quote from: Glucose on February 22, 2015, 03:25:54 PM

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

interest ok but max limit to low ,i was thinking around 0.1-2 btc max

spy100

sr. member

Activity: 658

Merit: 257

Quote from: RedhatCAT on February 22, 2015, 03:24:05 PM

I don't think you are going to find any lender who is willing to make an ongoing commitment to lend to you.

I understand that some lenders have in excess of 10 BTC to lend and others have hundreds of BTC available. As long as you have sufficient collateral then you should be able to take out essentially unlimited amounts of a loan. Generally speaking you will need to be able to offer something that is irreversible, and can quickly be sold for 120% of the amount you will have to repay when the loan is due.

Interest rates tend to be very high here, usually around 5%-10% per week

it does not make sense to give collateral 120% in skirll,perfect money or a e-currency when you can exchange that and get the amount you need... for 10 % rate or less as a example

i understand if they accept domains,websites,e-stocks etc ,but for other type of currency unusual...

Glucose

hero member

Activity: 861

Merit: 1001

Hi,

You can check my thread : https://bitcointalksearch.org/topic/glucose-lending-center-001-02-10-no-collateral-sr-member-947801

I loan 0.01-0.2 BTC, usually 10% interest rate.

RedhatCAT

full member

Activity: 123

Merit: 100

I don't think you are going to find any lender who is willing to make an ongoing commitment to lend to you.

I understand that some lenders have in excess of 10 BTC to lend and others have hundreds of BTC available. As long as you have sufficient collateral then you should be able to take out essentially unlimited amounts of a loan. Generally speaking you will need to be able to offer something that is irreversible, and can quickly be sold for 120% of the amount you will have to repay when the loan is due.

Interest rates tend to be very high here, usually around 5%-10% per week

spy100

sr. member

Activity: 658

Merit: 257

Hi all

i am in need of a person that offers loans to have him in my contacts list in case i ever need a loan for leverage,new biz opportunity etc
i am a web designer i will always have the money to repay the loans no problem ...

Can you send me a pm or post here :
1.What is the minimum amount i can borrow and maximum amount + interest
2.And also if i want to invest small amounts from time to time in your loans biz how much will i get back(interest) ?

Only trusted members

And if i like your offer i will contact you to give you my skype

Thank you !

Topic: i don't need a loan but i need a guy that offers loans for future use - page 2. (Read 2411 times)