Looking for a (+- 0.3btc ) loan with listia account (-+140$ in cr) as collateral

yoona

sr. member

Activity: 493

Merit: 250

Live by your own rules

Quote from: Laosai on April 04, 2016, 06:48:14 PM

Ok so I checked in and subscribe to listia ^^

I get the idea of your collateral. And it's not a valid collateral. Simply because you can't sell it easily Wink

Unless there is a trusted escrow here who's able to sell credits on listia. Else it's just... Credits that can't be sold.

Lol, sorry for you to go through all that effort :p. And I see, I was hoping it was but okay, I do see your point. But, yea, if I could sell those damn credits I wouldn't be needing the loan anyway... Well, thanks for your answer!

Laosai

sr. member

Activity: 462

Merit: 250

Ok so I checked in and subscribe to listia ^^

I get the idea of your collateral. And it's not a valid collateral. Simply because you can't sell it easily Wink

Unless there is a trusted escrow here who's able to sell credits on listia. Else it's just... Credits that can't be sold.

Laosai

sr. member

Activity: 462

Merit: 250

Quote from: yoona on April 04, 2016, 04:00:25 PM

Well, I'll be honest that this is the first time I'm trying to lend some BTC, but if I understand the collateral 'rule' I can give electronical credits that have a value there as a collateral? So I was planning to send these credits to an escrow as collateral for the btc? I've got 1.2M credits at the moment and im getting another 375k in a few hours. Lets round the credits up so that if you sell 10k of them you get 1$, than 1.575M credits would be around 157.5$ in listia credits?
Or am I missing something crucial in my understanding of collateral?

No it's just that I don't know listia!

But if the credits can be sold easily no problem your collateral is perfectly valid!
I'm not familiar with listia, can the credits be sold easily? If yes, why don't you just sell them to get the money?

yoona

sr. member

Activity: 493

Merit: 250

Live by your own rules

Well, I'll be honest that this is the first time I'm trying to lend some BTC, but if I understand the collateral 'rule' I can give electronical credits that have a value there as a collateral? So I was planning to send these credits to an escrow as collateral for the btc? I've got 1.2M credits at the moment and im getting another 375k in a few hours. Lets round the credits up so that if you sell 10k of them you get 1$, than 1.575M credits would be around 157.5$ in listia credits?
Or am I missing something crucial in my understanding of collateral?

shanerc563

sr. member

Activity: 322

Merit: 250

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I am familiar with Lista, however I can not figure out how this could be a collateral account? please explain how you would be able to use this or collateral.

Laosai

sr. member

Activity: 462

Merit: 250

I could fill this loan but I'm not sure I understand. I don't know listia, how can the account become available to get the collateral?

yoona

sr. member

Activity: 493

Merit: 250

Live by your own rules

Collateral credits are around 140 dollar, account is not yet eligible to sell the credits. Willing to send credits to escrow.

Looking for escrow aswell, preferably one with a listia account that can list 'GET IT NOW' auctions.

Will pay 110% after max 30 days, terms are discussable.

Greetings

Topic: Looking for a (+- 0.3btc ) loan with listia account (-+140$ in cr) as collateral (Read 425 times)