Author

Topic: in urgent need of 0.02btc (Read 563 times)

legendary
Activity: 3010
Merit: 8114
December 31, 2020, 12:32:12 AM
#7
so what are you people suggesting here? if I cant get a loan for this website then let someone buy cause someone needs my support someone in a critical situation

They are saying that nobody's giving you any BTC here, stop wasting your time.
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
December 30, 2020, 05:28:50 PM
#6
but domain names are also used as collateral

No. Domains are usually worthless and/or easy to reclaim by the lender, so they're no good for collateral. And it doesn't matter how much it's worth to you. The actual price the lender could get for it if you default - that's what matters.


so what are you people suggesting here? if I cant get a loan for this website then let someone buy cause someone needs my support someone in a critical situation

Domains are not worthwhile collateral. '.xyz' domains are what, 1 buck? Add 5 bucks a month for hosting. Problem is, you are asking to borrow ~$550 worth of BTC against $10 collateral. No one will lend you that.

Do you have any other form of collateral that you can offer?
newbie
Activity: 8
Merit: 0
December 30, 2020, 04:46:57 PM
#5
but domain names are also used as collateral

No. Domains are usually worthless and/or easy to reclaim by the lender, so they're no good for collateral. And it doesn't matter how much it's worth to you. The actual price the lender could get for it if you default - that's what matters.
[/quote


so what are you people suggesting here? if I cant get a loan for this website then let someone buy cause someone needs my support someone in a critical situation
legendary
Activity: 3654
Merit: 8909
https://bpip.org
December 29, 2020, 08:49:36 PM
#4
but domain names are also used as collateral

No. Domains are usually worthless and/or easy to reclaim by the lender, so they're no good for collateral. And it doesn't matter how much it's worth to you. The actual price the lender could get for it if you default - that's what matters.
newbie
Activity: 8
Merit: 0
December 29, 2020, 07:36:53 PM
#3
but domain names are also used as collateral moreover I still value this website because to me it's more than what I'm asking for, so I will not let it go after all the efforts and money I've invested.
sr. member
Activity: 1344
Merit: 307
December 29, 2020, 07:06:30 PM
#2
hello I need 0.02btc urgently and I have a faucet website for collateral please check out the links

url = https://coinearns.xyz
admin url = https://coinearns.xyz/admin

the loan will be paid in 3weeks time

A website, even one such as yours that was made over a month ago, is not valid collateral. If you need it urgently, you would be providing something that is 120% of what youre asking. Read the first two post on https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765 and either provide valid collateral or lock this thread.
newbie
Activity: 8
Merit: 0
December 29, 2020, 06:00:55 PM
#1
hello I need 0.02btc urgently and I have a faucet website for collateral please check out the links

url = https://coinearns.xyz
admin url = https://coinearns.xyz/admin

the loan will be paid in 3weeks time
Jump to: