Loan of 0.5BTC needed | Bitcointalksearch.org

thebitcoinquiz.com

sr. member

Activity: 280

Merit: 250

Quote from: lihuajkl on March 10, 2015, 10:20:43 AM

The value of collateral at least should be equal or over the amount of the loan. Then the lender will consider your loan request! It is recognized rule here!

I'm this case the value of collateral as gigahashes should be more than the value of the current loan. This is because with the increase in difficulty the value of gigahashes keeps on decreasing and after 35days those gigahashes will be worth a lot less.

bachel

sr. member

Activity: 261

Merit: 250

Quote from: gondel on March 10, 2015, 09:15:02 AM

Quote from: arallmuus on March 10, 2015, 08:02:42 AM

Quote from: bachel on March 10, 2015, 07:10:07 AM

Loan Amount : 0.5 btc
Reason : I need more Proxies for my Faucet Bot
BTC Address : 191seukUdSjerzyLbaGaCH8zwPQi8PwPbT
Term Length : 35 Days
Collateral : 200GHS Genesis Mining Account + This account

50 ghs in genesis mining is currently $24.49 , so 200 ghs will be 4 x $24.49 = $97.96 , at the current BTC price as i am writting this price is from bitstamp $289

$97.96 will be ~ max 0.34 BTC and your account worth 0.02-0.03 pretty much, which is still below the number that you ask for

and also you dont state your interest to repay this which trigger a redflag that you are just trying to sell both of this account,

Can you provide anything else in addition as collateral?
BR
G

Only Physical stuff and I dont know how that should work

lihuajkl

legendary

Activity: 1596

Merit: 1000

The value of collateral at least should be equal or over the amount of the loan. Then the lender will consider your loan request! It is recognized rule here!

thebitcoinquiz.com

sr. member

Activity: 280

Merit: 250

Quote from: bachel on March 10, 2015, 07:10:07 AM

Loan Amount : 0.5 btc
Reason : I need more Proxies for my Faucet Bot
BTC Address : 191seukUdSjerzyLbaGaCH8zwPQi8PwPbT
Term Length : 35 Days
Collateral : 200GHS Genesis Mining Account + This account

Your account is pretty worthless(as compared to the loan amount) and 200GH is less than the loan amount. Someone will do this loan if you provide at least a sr. Member account with the current collateral.

Also if someone is thinking to fund him then also keep in mind that value of 200Gigahashes would be significantly reduced after 35days. So you might not be even able to get back 50% of your loan through the collateral(just in case the OP defaults the loan).

gondel

legendary

Activity: 1960

Merit: 1005

Quote from: arallmuus on March 10, 2015, 08:02:42 AM

Quote from: bachel on March 10, 2015, 07:10:07 AM

Loan Amount : 0.5 btc
Reason : I need more Proxies for my Faucet Bot
BTC Address : 191seukUdSjerzyLbaGaCH8zwPQi8PwPbT
Term Length : 35 Days
Collateral : 200GHS Genesis Mining Account + This account

50 ghs in genesis mining is currently $24.49 , so 200 ghs will be 4 x $24.49 = $97.96 , at the current BTC price as i am writting this price is from bitstamp $289

$97.96 will be ~ max 0.34 BTC and your account worth 0.02-0.03 pretty much, which is still below the number that you ask for

and also you dont state your interest to repay this which trigger a redflag that you are just trying to sell both of this account,

Can you provide anything else in addition as collateral?
BR
G

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: bachel on March 10, 2015, 07:10:07 AM

Loan Amount : 0.5 btc
Reason : I need more Proxies for my Faucet Bot
BTC Address : 191seukUdSjerzyLbaGaCH8zwPQi8PwPbT
Term Length : 35 Days
Collateral : 200GHS Genesis Mining Account + This account

50 ghs in genesis mining is currently $24.49 , so 200 ghs will be 4 x $24.49 = $97.96 , at the current BTC price as i am writting this price is from bitstamp $289

$97.96 will be ~ max 0.34 BTC and your account worth 0.02-0.03 pretty much, which is still below the number that you ask for

and also you dont state your interest to repay this which trigger a redflag that you are just trying to sell both of this account,

bachel

sr. member

Activity: 261

Merit: 250

Loan Amount : 0.5 btc
Reason : I need more Proxies for my Faucet Bot
BTC Address : 191seukUdSjerzyLbaGaCH8zwPQi8PwPbT
Term Length : 35 Days
Collateral : 200GHS Genesis Mining Account + This account

Topic: Loan of 0.5BTC needed (Read 1145 times)