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Topic: Need 1000 BTC. 100% guarantee for lender - page 4. (Read 5766 times)

hero member
Activity: 558
Merit: 500
No? I get 7% a week.

If you give me 4% per week I will lend you 500 BTC... Do you want?

vip
Activity: 490
Merit: 271
I suggest you to go to the gambling section, because it`s actually is.
And yeah, your rates should be like pirates one)

I give you possibility for 100% secure loan... what else do you want?

See you had me until the '100%' secure loan part.

Who is the escrow? That is the most important part of this equation.

Multi signature between me, you and Gavin Andersen. Is it ok?

Sure, Gavin loans you the 1000 BTC, I'll escrow it, and deliver to you if needed.

I charge 1% as an escrow fee. Smiley
hero member
Activity: 558
Merit: 500
I suggest you to go to the gambling section, because it`s actually is.
And yeah, your rates should be like pirates one)

I give you possibility for 100% secure loan... what else do you want?

See you had me until the '100%' secure loan part.

Who is the escrow? That is the most important part of this equation.

Multi signature between me, you and Gavin Andersen. Is it ok?
vip
Activity: 490
Merit: 271
I suggest you to go to the gambling section, because it`s actually is.
And yeah, your rates should be like pirates one)

I give you possibility for 100% secure loan... what else do you want?

See you had me until the '100%' secure loan part.

Who is the escrow? That is the most important part of this equation.
hero member
Activity: 558
Merit: 500
I would never take this deal. I stand to lose the full 1k BTC (and actually even more because it will approach infinity) and only stand to gain 2.5%. If I am that sure Bitcoin will rise in value I'll buy them leveraged ...

Ok, let's me ask you, will you lend your BTC to me for 10% per year? Now it sounds nice... is not it? But it is actually the same
legendary
Activity: 2324
Merit: 1125
I would never take this deal. I stand to lose the full 1k BTC (and actually even more because it will approach infinity) and only stand to gain 2.5%. If I am that sure Bitcoin will rise in value I'll buy them leveraged ...

I will offer this deal as well btw. I think Bitcoin is more likely to rise than fall but for a 2.5% premium and an infinite amount of gain I'll take the negative bet as well. I only have to be right a really low amount of the time.
hero member
Activity: 558
Merit: 500
He's essentially offering a CFD. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.

It's not kind of clean CFD because BTC is never converted into USD.
I can not take long position

I was thinking it looked like that was a request for someone to write (sell) a BTC PUT option (European style):
 - http://en.wikipedia.org/wiki/Put_option

The variation though is that instead of exercising the option at the end you instead settle with the PUT writer for the difference between the strike price and spot price at expiration.

Using your example, the PUT option you are looking to buy would look like this:

Contact (Asset): 1 BTC
Quantity: 1,000 contracts (of size 1 BTC per contact)
Expiration: 6 months,
Strike price: $5
Premium: .025 BTC (per contract)

You are describing the need for a guarantee fro the PUT writer that the "BTCs will stay intact".  Even with 2 of 3 (M of N), that is putting the PUT writer's bitcoins in escrow under control of a third party.

What happens though if the price drops more than 50%?   So let's say the exchange rate ends up $2.25.  Thus the settlement is ($5,000 - $2,250) / ($2.25 BTC/USD) = 1,222.22 BC.   The call writer owes you 1,222 BTC but there are only 1,000 BTC escrowed.


I thought about it too... this is trade off for not having centralized exchange and using only multi signature...

legendary
Activity: 2506
Merit: 1010
He's essentially offering a CFD. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.

It's not kind of clean CFD because BTC is never converted into USD.
I can not take long position

I was thinking it looked like that was a request for someone to write (sell) a BTC PUT option (European style):
 - http://en.wikipedia.org/wiki/Put_option

The variation though is that instead of exercising the option at the end you instead settle with the PUT writer for the difference between the strike price and spot price at expiration.

Using your example, the PUT option you are looking to buy would look like this:

Contact (Asset): 1 BTC
Quantity: 1,000 contracts (of size 1 BTC per contact)
Expiration: 6 months,
Strike price: $5
Premium: .025 BTC (per contract)

You are describing the need for a guarantee fro the PUT writer that the "BTCs will stay intact".  Even with 2 of 3 (M of N), that is putting the PUT writer's bitcoins in escrow under control of a third party.

What happens though if the price drops more than 50%?   So let's say the exchange rate ends up $2.25.  Thus the settlement is ($5,000 - $2,250) / ($2.25 BTC/USD) = 1,222.22 BC.   The call writer owes you 1,222 BTC but there are only 1,000 BTC escrowed.
hero member
Activity: 558
Merit: 500
He's essentially offering a CFD. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.

It's not kind of clean CFD because BTC is never converted into USD.
I can not take long position
donator
Activity: 2058
Merit: 1007
Poor impulse control.
Thats why I cant get is it good or bad)

It's good. Think of it like insurance, which is also a kind of gambling.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
He's essentially offering a CDF. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.

CFD... yes.. you are correct

Ooops. Stats background showing.
hero member
Activity: 558
Merit: 500
He's essentially offering a CDF. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.

CFD... yes.. you are correct
donator
Activity: 2058
Merit: 1007
Poor impulse control.
He's essentially offering a CFD. It's a valid derivative, and only gambling insofar as much investing on exchanges is gambling.
donator
Activity: 968
Merit: 1002
Because this is really gambling

If you have tons of BTC that you plan to use in 5 years, why don't you get some % meanwhile...

+ you must understand global effect of such transactions on Bitcoin economy... in short - it will drive BTC price up...
Thats why I cant get is it good or bad)
But any way i`m not the person you are interested in, so wish you good luck.
hero member
Activity: 558
Merit: 500
Because this is really gambling

If you have tons of BTC that you plan to use in 5 years, why don't you get some % meanwhile...

+ you must understand global effect of such transactions on Bitcoin economy... in short - it will drive BTC price up...
hero member
Activity: 558
Merit: 500
First of all, write strictly all conditions. And your topic sound disturbing in case of BTC cost. Like you know or control something,that we dont). I just cant get, is it in good way(price up) or in bad way(price down).

Look, I understand when you read this and don't have financial knowledge it's kind of strange..

Of course I will need some guarantees from you that your BTC will stay intact during loan time...
Of course I will need to specify what "price" is when contract is over... I think something of average USD price among 3 top exchanges for free currencies (USD, EUR, GBP)

When we have multi signature transactions everything will be much easier.
donator
Activity: 968
Merit: 1002
Well, i dont like gambling)
But currently i`m interested in small(about 50 btc) loans for a month with 25% MRP
300% a year|50BTC|1 Month

So I dont think that you will be interested in me). But pls reply about all conditions of such loan.

I'm looking for something like

<10%| x 000 BTC | >= 6 months
First of all, write strictly all conditions. And your topic sound disturbing in case of BTC cost. Like you know or control something,that we dont). I just cant get, is it in good way(price up) or in bad way(price down).
Plus i doubt that some one will be interested, because this is really gambling, for BTC your interest is too low and to long term, because price of BTC might change dramatically over time.
hero member
Activity: 558
Merit: 500
Well, i dont like gambling)
But currently i`m interested in small(about 50 btc) loans for a month with 25% MRP
300% a year|50BTC|1 Month

So I dont think that you will be interested in me). But pls reply about all conditions of such loan.

I'm looking for something like

<10%| x 000 BTC | >= 6 months
donator
Activity: 968
Merit: 1002
I suggest you to go to the gambling section, because it`s actually is.
And yeah, your rates should be like pirates one)

I offer you 100% secure loan... what else do you want?
Well,i want more BTC`not less, your idea sounds fun, but it would be reasonable only in some cases)

Ok... write here how much % do you want and how much BTC can you lend and for how much time...

Example

5% | 1000 BTC | 6 month
Well, i dont like gambling)
But currently i`m interested in small(about 50 btc) loans for a month with 25% MRP
300% a year|50BTC|1 Month

So I dont think that you will be interested in me). But pls reply about all conditions of such loan.
donator
Activity: 968
Merit: 1002
I can see why so many people have chosen to ignore you.
What in hell is a sub-100 post user doing creeping around in the Lending section anyways ? WHO are YOU looking to Scam ?
Are you here for a loan as well ? Do YOU have a fool-proof plan for massive gains and just need a few hundred BTC to get IT off the ground ?
I would say that I have much less than a 100 posts, and people have trusted me 85coins(120max). So I dont see any relationship.But your couple of posts are just showing that you are not trying to understand at all.
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