Topic: Loan BTC (Read 1570 times)
You need to give coraterall not only telling something because you can get only negative trust from OP users here and you will not get nothing here .You only sound like a some kind of scammer and you are giving too small profit only 0.001 btc looks like a joke for risking 0.05 btc.
I can give you this loan if you have a tangible collateral
If he will give both alts as collateral, it would be a loan to think about.
300k bytecoins are going for about 15 or 16 Satoshis each which would be 0.045-0.048BTC. Are you also offering the doge as collateral?
If he is not offering the DOGE as well, then his Collateral is still not enough.
Imho this Loan Request become more and more "difficult" and more complicated, without any major issue.
Just Op, don't understand some things around here and he don't want to listen.
With this behavior, i don't see this Request ending in a positive manner.
Good luck though...
Offering 300 k Bytecoins, Plus 4250 Doge as collateral.
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Yea.
I have 300 k Bytecoins
If I recall, 300k is about .05 btc. Your collateral needs to be at least 120% of what you're asking.
if you do not trust Lender, you can secure your coins to acceptable by you both the escrow
300k bytecoins are going for about 15 or 16 Satoshis each which would be 0.045-0.048BTC. Are you also offering the doge as collateral?
If he is not offering the DOGE as well, then his Collateral is still not enough.
Imho this Loan Request become more and more "difficult" and more complicated, without any major issue.
Just Op, don't understand some things around here and he don't want to listen.
With this behavior, i don't see this Request ending in a positive manner.
Good luck though...
300k bytecoins are going for about 15 or 16 Satoshis each which would be 0.045-0.048BTC. Are you also offering the doge as collateral?
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Yea.
I have 300 k Bytecoins
Then you can steal my collateral and wont give a shit about the loan. because YOu will get 20% Over. SO then I will be scammed
If I recall, 300k is about .05 btc. Your collateral needs to be at least 120% of what you're asking.
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Yea.
I have 300 k Bytecoins
If I recall, 300k is about .05 btc. Your collateral needs to be at least 120% of what you're asking.
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Yea.
I have 300 k Bytecoins
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
And please remove my red tag. I'm not a scammer. That is not my intention.
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I have 60 k Dogecoins
Would that be enough for collateral?
Mention what you're offering as collateral(and if the collateral covers at least 120% of what you're asking for a loan) in the OP and I might reconsider my neg.
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
I'd first advise you to look up the term collateral since it doesn't seem you understand what it stands for
Hi, I currently require 0.05 BTC for one month.
Will pay 2% On top of that.
So You will profit 0.001 BTC
*One Month is maximum I could return funds earlier
Will pay 2% On top of that.
So You will profit 0.001 BTC
*One Month is maximum I could return funds earlier
If so, your rank will make it hard to find loan since you are just Jr. Member and also try to put some collateral to your post so it will.be valid for loan request. I think it is not legal to ask for a loan request without a valid collateral .
Due to this reason you account has also been tagged RED. We must follow the rules.
I did not now this.Please remove my red tag
WHat can I give for collateral
Hi, I currently require 0.05 BTC for one month.
Will pay 2% On top of that.
So You will profit 0.001 BTC
*One Month is maximum I could return funds earlier
Will pay 2% On top of that.
So You will profit 0.001 BTC
*One Month is maximum I could return funds earlier
If so, your rank will make it hard to find loan since you are just Jr. Member and also try to put some collateral to your post so it will.be valid for loan request. I think it is not legal to ask for a loan request without a valid collateral .
Due to this reason you account has also been tagged RED. We must follow the rules.
I use the funds to invest in things.
And I have another 0.07 BTC that is mine.
Plus 400k Bytecoins
And I have another 0.07 BTC that is mine.
Plus 400k Bytecoins
Just tell and prove that you held 0.07 ?
Also what for you are exactly taking this loan ? I am not even thinking about giving this to you, but why I am asking all this is because you might get your red trust removed if you prove that actually had the 0.07. The account worth's a lot, mate.
Someone might give you a loan if you put your bytecoins up for collateral, only assuming someone would work with you. I would but I dont really trust bytecoins to much due to its value. Someone else might think differently. If you dont want to put anything up as collateral, I would suggest locking this thread and go sell your bytecoins.
Hi, As mentioned by senior members here, it's difficult for anyone to invest in something without a sense of security (collateral). I would advise you to come up with a good collateral, to get your loan filled.
Refer to the detailed post of Vod to understand what is accepted as collateral (I am quoting his post for you).
P.S - Next time post in 'Lending' section if you need a loan.
Good luck.
Refer to the detailed post of Vod to understand what is accepted as collateral (I am quoting his post for you).
P.S - Next time post in 'Lending' section if you need a loan.
What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Good luck.
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