Topic: looking to borrow BTC (Read 1657 times)
thanks guys. im good
My benefit is to win under scenarios with BTC rate going down or remain the same.
If BTC rate goes beyond $4, I can think it of selling 200 btc now at that rate.
So I win too.
edited : you see, I'm always optimistic.
If BTC rate goes beyond $4, I can think it of selling 200 btc now at that rate.
So I win too.
edited : you see, I'm always optimistic.
Why do you want to do that? What is your benefit in this scheme?
It means that you buy btc above price market now. Assuming the price goes above 4$, you will then sell beneath price market.
The other question is how could you ensure that the other part will give you your 800$back?
Let see what are the possible risks:
- btc price goes above 4$. If the taker bought 800$ of btc and sell them, he has a nice benefit.
- btc price remains more or less the same: taker earn 2btc.
- btc price falls dramatically: the taker might loose money if he bought btc with your 800$
- after the first transaction, you disappear. Taker has sell 200btc above market price. He wins.
- after the first transaction, the taker disappear. Same scenario as above.
So my question remains: what is your benefit?
It means that you buy btc above price market now. Assuming the price goes above 4$, you will then sell beneath price market.
The other question is how could you ensure that the other part will give you your 800$back?
Let see what are the possible risks:
- btc price goes above 4$. If the taker bought 800$ of btc and sell them, he has a nice benefit.
- btc price remains more or less the same: taker earn 2btc.
- btc price falls dramatically: the taker might loose money if he bought btc with your 800$
- after the first transaction, you disappear. Taker has sell 200btc above market price. He wins.
- after the first transaction, the taker disappear. Same scenario as above.
So my question remains: what is your benefit?
no - im paying you above BTC price right now... you can use the $800 and buy your own BTC... you have no risk.. really
will do it for $1000 ... anyone?
will do it for $1000 ... anyone?
yes, i told you i'm interested
pls pm me with your email
no - im paying you above BTC price right now... you can use the $800 and buy your own BTC... you have no risk.. really
will do it for $1000 ... anyone?
will do it for $1000 ... anyone?
And if price shoots to $10 are going to default and leave the $800 or are you going to cover it?
yes if you have a good rep on otc... do u?
Yes I have good rep as gusti
http://bitcoin-otc.com/viewratings.php
https://bitcointalksearch.org/topic/list-of-honest-traders-484
For how long?
yes if you have a good rep on otc... do u?
are you willing to send first ?
Looking to borrow BTC, will send you USD-MTGOX as collateral.
so you lend me 200 BTC
I send you $800
then..
I repay you 202 BTC
you give me my $800 back.
anyone?
send me message on #bitcoin-otc
so you lend me 200 BTC
I send you $800
then..
I repay you 202 BTC
you give me my $800 back.
anyone?
send me message on #bitcoin-otc
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