I can fill this, no problem.
Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).
I will add more collateral if thr value falls as stated in pm let me know
Ok these are the terms then:
If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.
If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.
I agree but i need 48 hours to add more collateral as sometimes i don't come online for certain reasons
Ok that's fine. Just try to keep an eye on the collateral yourself so you can send more if it gets to dangerous levels. That way I don't need to ask.
And why do want darkstar to confirm he's just the escrow as i said in pm i will sign a message with all the terms
Reasonable enough. Since I'm going to sleep soon, I can send this over now. Just give me a moment.
EDIT:
Sent!You have to worry about collateral i will surely add more if needed most likely that shouldn't happen but if it does don't worry i got you
Plus here's a signed message
-----BEGIN BITCOIN SIGNED MESSAGE-----
My loan request was funded by Hatcher and the collateral was escrowed with darkstar.
In case i fail to repay the loan on 1st june i authorise darkstar to send the collateral to Hatcher
-----BEGIN SIGNATURE-----
1JPHtpKDsZ5ZdS2P1vQb2pqdD4xTcEKFGz
H1WEeAATIQPhsO3BYnuPQ57vMeXZDd3l8Hc+pICvGm/mD/c+VsvwE9JXJybtfNFMK9ZhRei056DI0p79r9u98h4=
-----END BITCOIN SIGNED MESSAGE-----
I couldn't sign rest of the message because ledger keeps showing an error here's the remaining messasge
This is max2607 , today is 5th may
My loan request was funded by Hatcher and the collateral was escrowed with darkstar.
In case i fail to repay the loan on 1st june i authorise darkstar to send the collateral to Hatcher
Terms :
1. If collateral value falls below 0.5 btc i will be allowed 48 hours to porvide additional collateral
2. I can extend the loan if needed with additional interest to be paid
