need 0.30 BTC loan | Bitcointalksearch.org

CryptoWorldX

full member

Activity: 224

Merit: 100

Quote from: monbux on December 11, 2016, 04:55:18 PM

Quote from: CryptoWorldX on December 11, 2016, 04:48:01 PM

Quote from: monbux on December 11, 2016, 04:46:13 PM

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

I hate to be blunt but no one cares about what you are thinking. If the lender can't quickly liquidate the collateral for at least the loan's worth, it is not valid collateral.

i know and i understand that

CryptoWorldX

full member

Activity: 224

Merit: 100

Quote from: condoras on December 11, 2016, 04:52:42 PM

Quote from: CryptoWorldX on December 11, 2016, 04:48:01 PM

Quote from: monbux on December 11, 2016, 04:46:13 PM

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

You also need to know that the Collateral must have at least 120% value for the Loan Amount.
So if you also know that these sites have not near this value, why you offer them?

Sorry but this is a almost sure a Default-Scam Loan attempt.

it is not default-scam, if it was i would have not offered them, i just have a shortage next 6 days and that is for the loan, the reason i offered only those as that is only digital thing i have at this moment to offer

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: CryptoWorldX on December 11, 2016, 04:48:01 PM

Quote from: monbux on December 11, 2016, 04:46:13 PM

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

I hate to be blunt but no one cares about what you are thinking. If the lender can't quickly liquidate the collateral for at least the loan's worth, it is not valid collateral.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: CryptoWorldX on December 11, 2016, 04:48:01 PM

Quote from: monbux on December 11, 2016, 04:46:13 PM

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

You also need to know that the Collateral must have at least 120% value for the Loan Amount.
So if you also know that these sites have not near this value, why you offer them?

Sorry but this is a almost sure a Default-Scam Loan attempt.

CryptoWorldX

full member

Activity: 224

Merit: 100

Quote from: monbux on December 11, 2016, 04:46:13 PM

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

monbux

legendary

Activity: 1736

Merit: 1029

Those domains are not worth 0.3 BTC. Therefore, that is an invalid collateral.
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

CryptoWorldX

full member

Activity: 224

Merit: 100

Loan Amount: 0.30 BTC
Reason for Taking out a Loan: business(finishing my website/service/token - renting few more dedicated servers)
Amount to be repaid: 0.312
Repayment Date: 19/12/2016
Type of Collateral: namecheap account with 4 domains to be used for my service(cryptoworldx.com cryptoworldx.net cryptoworldx.us cryptoworldx.online)
Bitcoin Address for loan: 1Aa1eRXuyVQ1rfMua99F7G2dNLWYvP2Dd3

Topic: need 0.30 BTC loan (Read 379 times)