I can fill this at 1.5% interest, 135% Collateral, auto-sell collateral at 105%.
Happy to use escrow to hold the funds. But we would need to have them set up a stop loss for the collat.
Topic: I Want to Loan 1.818BTC with Waves token Collateral (Read 306 times)
I'll revise my offer to selling at 102% value, OR 1.5% interest.
Loan Amount: 1.83BTC
Collateral: 4000 WAVES
Interest: The same that you offer from the start (2%).
"Selling Collateral" part is an inevitable term for anyone that want's to feel safe and not loosing his BTC. Same rule apply for my offer.
If the collateral drops to 105% of the loan's value, i have the right to sell it. Adding extra Collateral is always an option for you, if you want to keep it.
Collateral: 4000 WAVES
Interest: The same that you offer from the start (2%).
"Selling Collateral" part is an inevitable term for anyone that want's to feel safe and not loosing his BTC. Same rule apply for my offer.
If the collateral drops to 105% of the loan's value, i have the right to sell it. Adding extra Collateral is always an option for you, if you want to keep it.
I can fulfill your request for 3700Wave collateral, if you agree with my standard terms:
The terms of the loan:
In the event that the value of the collateral falls below 105% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral)
In the case that I am not able to sell the collateral for an amount enough to cover the principle plus interest then you would owe me the difference.
The terms of the loan:
In the event that the value of the collateral falls below 105% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral)
In the case that I am not able to sell the collateral for an amount enough to cover the principle plus interest then you would owe me the difference.
I can match DarkStar_'s terms, but requiring only 140% collateral. I understand I am far less established here than DarkStar, so we can do the transfer in fractions as the BTC transaction fee is very low right now. Also willing to take NEO as collateral. Your collateral will be sold if it drops to <105% of its current BTC value, unless you keep boosting it to 140%.
Are you willing to add some of the other coins you have on Bittrex as collateral?
I prefer single coin to limit withdrawal fee. You can choose your desired coin.
Currently the coins I'm holding that greater than 1.818BTC was WAVES, SC, IOST, ADA, HVN, PLR and ICX and please take note that I edited the desired interest to Max 2% of the total amount of loan.
Okay, new offer:
Loan Amount: 1.818BTC
Collateral: 4000 WAVES (150% of the loan amount)
Interest: 2% if repaid within 2 weeks (1.85436BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
You can request for me to sell the WAVES at any time to count towards the repayment of the loan. Be aware that there may be delays between when you ask me to sell and when I actually can sell.
Hmmm. I don't want the selling part of the collateral. I will wait for someone offers too until tonight and if no one gave me my desired off then I will accept your terms and will PM you immediately. Thanks
Sounds good. Keep in mind that WAVES would have to drop ~30% from it's current value compared to BTC, and that you are always able to add additional collateral or partially repay the loan so that the margin value stays fine.
Are you willing to add some of the other coins you have on Bittrex as collateral?
I prefer single coin to limit withdrawal fee. You can choose your desired coin.
Currently the coins I'm holding that greater than 1.818BTC was WAVES, SC, IOST, ADA, HVN, PLR and ICX and please take note that I edited the desired interest to Max 2% of the total amount of loan.
Okay, new offer:
Loan Amount: 1.818BTC
Collateral: 4000 WAVES (150% of the loan amount)
Interest: 2% if repaid within 2 weeks (1.85436BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
You can request for me to sell the WAVES at any time to count towards the repayment of the loan. Be aware that there may be delays between when you ask me to sell and when I actually can sell.
Hmmm. I don't want the selling part of the collateral. I will wait for someone offers too until tonight and if no one gave me my desired off then I will accept your terms and will PM you immediately. Thanks
Are you willing to add some of the other coins you have on Bittrex as collateral?
I prefer single coin to limit withdrawal fee. You can choose your desired coin.
Currently the coins I'm holding that greater than 1.818BTC was WAVES, SC, IOST, ADA, HVN, PLR and ICX and please take note that I edited the desired interest to Max 2% of the total amount of loan.
Okay, new offer:
Loan Amount: 1.818BTC
Collateral: 4000 WAVES (150% of the loan amount)
Interest: 2% if repaid within 2 weeks (1.85436BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
You can request for me to sell the WAVES at any time to count towards the repayment of the loan. Be aware that there may be delays between when you ask me to sell and when I actually can sell.
Are you willing to add some of the other coins you have on Bittrex as collateral?
I prefer single coin to limit withdrawal fee. You can choose your desired coin.
Currently the coins I'm holding that greater than 1.818BTC was WAVES, SC, IOST, ADA, HVN, PLR and ICX and please take note that I edited the desired interest to Max 2% of the total amount of loan.
Are you willing to add some of the other coins you have on Bittrex as collateral?
13% margin is a bit too low/risky for me. If your fine with a lower amount, this is would I could provide:
Loan Amount: 1.59BTC
Collateral: 3000 WAVES (130% of the loan amount)
Interest: 3% if repaid within 2 weeks (1.6377BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
Loan Amount: 1.59BTC
Collateral: 3000 WAVES (130% of the loan amount)
Interest: 3% if repaid within 2 weeks (1.6377BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
I need the exact amount above since it will be my payment for the goods that I won on auction and also I don't want to sell the collateral if the value becomes lower than the loan amount since I apply on this loan to preserve my altcoin at the first place. I will pay the exact amount no matter what the price before the 2 weeks deadline.
Proof of funds:
13% margin is a bit too low/risky for me. If your fine with a lower amount, this is would I could provide:
Loan Amount: 1.59BTC
Collateral: 3000 WAVES (130% of the loan amount)
Interest: 3% if repaid within 2 weeks (1.6377BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
Loan Amount: 1.59BTC
Collateral: 3000 WAVES (130% of the loan amount)
Interest: 3% if repaid within 2 weeks (1.6377BTC repayment)
If the collateral falls to 105% of the loan's value, I reserve the right to sell. If I do, and the amount I obtain is less than the original loan amount, you are responsible for covering the extra. Additional collateral may be added at any time by you, in the form of altcoins to increase the margin. Early partial repayments are also accepted to increase the margin. No escrow. 105% is fairly low, and asking an escrow to send me the collateral may be too time consuming.
Amount: 1.818BTC
Amount to be repaid: 2% max interest
Collateral: 3000 Waves (Average price per waves ATM=0.000639BTC so Approximately 2.0796BTC was the total value of collateral)
Date to be repaid: 2 weeks after the loan will be filled
Reason: I don't want to sell my waves now on low price since I believe that after 2 weeks will be a bull run.
Note: I will repay the exact amount via BTC and I will accept offers of TRUSTED user only since my collateral value is greater than the amount that I will loan.
Amount to be repaid: 2% max interest
Collateral: 3000 Waves (Average price per waves ATM=0.000639BTC so Approximately 2.0796BTC was the total value of collateral)
Date to be repaid: 2 weeks after the loan will be filled
Reason: I don't want to sell my waves now on low price since I believe that after 2 weeks will be a bull run.
Note: I will repay the exact amount via BTC and I will accept offers of TRUSTED user only since my collateral value is greater than the amount that I will loan.
Jump to: