LOAN REQUIRED collateral worth 7BTC | Bitcointalksearch.org

Killerloop

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Quote from: bitcoinwonders010 on June 20, 2014, 04:57:27 AM

Quote from: Killerloop on June 20, 2014, 04:52:30 AM

Are you still looking for the loan?

i am looking for 3btc, but not sure yet, i don't want to sell out of super coin nor give it as collateral, as news is coming tomorrow, or sunday which should send it sky rocketing so don't want to risk it being in escrow.

if it wasn't for busoni it would be worth over 40btc

As long as the escrow keeps 120-130% of the equivalent amount of lent BTC I am happy. So, if you give X SUPER as collateral and its value doubles I'll let the escrow release half of it. Or the whole loan if you repay early.

Please note that the market may shift after your withdraw and force a call of the remaining collateral.

bitcoinwonders010

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Quote from: Killerloop on June 20, 2014, 04:52:30 AM

Are you still looking for the loan?

i am looking for 3btc, but not sure yet, i don't want to sell out of super coin nor give it as collateral, as news is coming tomorrow, or sunday which should send it sky rocketing so don't want to risk it being in escrow.

if it wasn't for busoni it would be worth over 40btc

Killerloop

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Activity: 294

Merit: 250

Are you still looking for the loan?

bitcoinwonders010

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Activity: 686

Merit: 500

nice my collateral now worth 21btc,

Killerloop

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Merit: 250

Quote from: bitcoinwonders010 on June 16, 2014, 07:47:20 AM

cool il contact danny hamilton, ive heard good stuff about him plus i can reach him much quicker if i want to pay early. one question say i want to pay the loan back and your not online. would i just pay dannyhamilton and will he release my coins back to me, and give you your payment when your online

I have no issues with that, but you must ask him if he is willing to do this AND hold SUPER coins AND sell them at market price if SUPER drops.

EDIT: Wait... this is a non-issue.
I am going to provide a brand new BTC address to you for repayment and not going to change it under any circumstance, no matter how many Killerloop' or Killerloop'' ask you.

Once the transaction gets 3 confirmations the escrow may release your collateral. My presence is not required.

Bobsurplus

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Making money since I was in the womb! @emc2whale

Quote from: bitcoinwonders010 on June 16, 2014, 07:47:20 AM

Quote from: Killerloop on June 16, 2014, 07:40:24 AM

Quote from: bitcoinwonders010 on June 16, 2014, 07:36:49 AM

il put in 100k, im confident it will go up but if it makes you feel secure of the loan im cool with that. your ok with me giving it in escrow right

also how much would i pay back

Sure, you pay fee and has to be a trusted member. Like Monbux or DannyHamilton.

I charge 0.9% daily non compounded, so 6.3% for a week. If you keep it active for less you pay less

cool il contact danny hamilton, ive heard good stuff about him plus i can reach him much quicker if i want to pay early. one question say i want to pay the loan back and your not online. would i just pay dannyhamilton and will he release my coins back to me, and give you your payment when your online

Yes!

bitcoinwonders010

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Activity: 686

Merit: 500

Quote from: Killerloop on June 16, 2014, 07:40:24 AM

Quote from: bitcoinwonders010 on June 16, 2014, 07:36:49 AM

il put in 100k, im confident it will go up but if it makes you feel secure of the loan im cool with that. your ok with me giving it in escrow right

also how much would i pay back

Sure, you pay fee and has to be a trusted member. Like Monbux or DannyHamilton.

I charge 0.9% daily non compounded, so 6.3% for a week. If you keep it active for less you pay less

cool il contact danny hamilton, ive heard good stuff about him plus i can reach him much quicker if i want to pay early. one question say i want to pay the loan back and your not online. would i just pay dannyhamilton and will he release my coins back to me, and give you your payment when your online

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: bitcoinwonders010 on June 16, 2014, 07:36:49 AM

il put in 100k, im confident it will go up but if it makes you feel secure of the loan im cool with that. your ok with me giving it in escrow right

also how much would i pay back

Sure, you pay fee and has to be a trusted member. Like Monbux or DannyHamilton.

I charge 0.9% daily non compounded, so 6.3% for a week. If you keep it active for less you pay less

bitcoinwonders010

hero member

Activity: 686

Merit: 500

Quote from: Killerloop on June 16, 2014, 07:33:06 AM

Quote from: bitcoinwonders010 on June 16, 2014, 07:09:33 AM

how much collateral would you require for 1btc

70000 SUPER, but I suggest you put more as it is very volatile. it is in YOUR best interest.

il put in 100k, im confident it will go up but if it makes you feel secure of the loan im cool with that. your ok with me giving it in escrow right

also how much would i pay back

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: bitcoinwonders010 on June 16, 2014, 07:32:07 AM

Quote from: Bobsurplus on June 16, 2014, 07:16:50 AM

I can loan you 1BTC for 350K super, I hold the coins and I want 50% interest over the 7 days. If super tanks I'll sell it to recoup my loan and you'll be off the hook for repayment.

no thanks i told you before im not gonna give you the collateral

I'm just trying to set the bar high for others!

Killerloop

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Activity: 294

Merit: 250

Quote from: bitcoinwonders010 on June 16, 2014, 07:09:33 AM

how much collateral would you require for 1btc

70000 SUPER, but I suggest you put more as it is very volatile. it is in YOUR best interest.

bitcoinwonders010

hero member

Activity: 686

Merit: 500

Quote from: Bobsurplus on June 16, 2014, 07:16:50 AM

I can loan you 1BTC for 350K super, I hold the coins and I want 50% interest over the 7 days. If super tanks I'll sell it to recoup my loan and you'll be off the hook for repayment.

no thanks i told you before im not gonna give you the collateral

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

I can loan you 1BTC for 350K super, I hold the coins and I want 50% interest over the 7 days. If super tanks I'll sell it to recoup my loan and you'll be off the hook for repayment.

bitcoinwonders010

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Activity: 686

Merit: 500

Quote from: Killerloop on June 16, 2014, 06:45:30 AM

Quote from: haploid23 on June 16, 2014, 06:33:03 AM

I'm able to provide this loan if another form of collateral was used. I never accept unstable coins as collateral for more stable coins.

I do, but I enforce my call rule... if the price drops below loan value + accrued interest + selling fees I'll immediately seize the collateral.
Also I can't provide more than 1 BTC.

If that's ok with you bitcoinwonders010 then we can start.

how much collateral would you require for 1btc

bitcoinwonders010

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Activity: 686

Merit: 500

Quote from: haploid23 on June 16, 2014, 06:33:03 AM

I'm able to provide this loan if another form of collateral was used. I never accept unstable coins as collateral for more stable coins.

yes agree its difficult to get a loan with unstable collateral, but i know how long it took me to get the coins. if you check the coin out, you will know why it dropped, because of silly mistake by a exchange owner who read the code wrong. i hoping this time next week the coins are worth 5 times what they are now.

Killerloop

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Activity: 294

Merit: 250

Quote from: haploid23 on June 16, 2014, 06:33:03 AM

I'm able to provide this loan if another form of collateral was used. I never accept unstable coins as collateral for more stable coins.

I do, but I enforce my call rule... if the price drops below loan value + accrued interest + selling fees I'll immediately seize the collateral.
Also I can't provide more than 1 BTC.

If that's ok with you bitcoinwonders010 then we can start.

haploid23

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I'm able to provide this loan if another form of collateral was used. I never accept unstable coins as collateral for more stable coins.

bitcoinwonders010

hero member

Activity: 686

Merit: 500

Quote from: Killerloop on June 16, 2014, 04:49:27 AM

Quote from: bitcoinwonders010 on June 16, 2014, 04:30:29 AM

terms of loan have changed due to price fall,

the loan required can be easily be recovered at the current prices, plus order book on bittrex has sufficent ammount

im willing to pay a little more interest if someone is willing to lend me the btc. if lender is worried it may fall futrther, i would just need 48hours to clear the loan off myself, you can see my history i am legit.

Current collateral is insufficient to cover minimum 120% requirement.

You ask for 7 BTC which currently could be placed at 700000 SUPER, add 20% to that and you have 840000 SUPER minimum.
Please point me to an exchange where 397000 SUPER are worth 7 BTC.

on bittrex, for you to recover your loan the price would need to be above 1300. currently 2.61btc buy orders above that price, but i strongly believe that it should be trading higher and is curretly down just due to poloniex mess which busoni caused. of course while lending can't be based on hope or IF, only facts. thats why i said i am willing to pay a bit more interest, if a lender takes the risk. i have said in 48hours i can cover the loan myself so regardless what happens, the loan will be covered. i have provided a bit of my history to show im legit, but at the end of the day its up to the lender.

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: bitcoinwonders010 on June 16, 2014, 04:30:29 AM

terms of loan have changed due to price fall,

the loan required can be easily be recovered at the current prices, plus order book on bittrex has sufficent ammount

im willing to pay a little more interest if someone is willing to lend me the btc. if lender is worried it may fall futrther, i would just need 48hours to clear the loan off myself, you can see my history i am legit.

Current collateral is insufficient to cover minimum 120% requirement.

You ask for 7 BTC which currently could be placed at 700000 SUPER, add 20% to that and you have 840000 SUPER minimum.
Please point me to an exchange where 397000 SUPER are worth 7 BTC.

bitcoinwonders010

hero member

Activity: 686

Merit: 500

terms of loan have changed due to price fall,

the loan required can be easily be recovered at the current prices, plus order book on bittrex has sufficent ammount

im willing to pay a little more interest if someone is willing to lend me the btc. if lender is worried it may fall futrther, i would just need 48hours to clear the loan off myself, you can see my history i am legit.

Topic: LOAN REQUIRED collateral worth 7BTC (Read 2001 times)