If I had any other altcoins then I would have myself converted them to ETH instead of asking for a loan and giving 5% interest. I don't know how come my Bitcointalk account not sufficient for the collateral. I have seen many users with lower rankings using their accounts as collateral.
Using accounts as collateral isn't the most accepted way to get loans here.It's depends on lenders and evaluated case-by-case.Since account selling is not endorsed on this forum,lenders don't wanna risk their reputation for selling accounts if at all you don't pay back.Moreover,no one said an account would give you a loan here.
Also even though I can understand external reputation would not count, but I am just giving you an idea that I am not asking for a loan as an anonymous person and will pay the loan in a 30 days period. I know it is hard to believe anyone these days, but I am not a pick and run guy. That's why told about Steemit account. Can also share my Facebook profile and page with interested lender. Won't risk all of these reputations of mine for 0.15 ETH!!
All those social media accounts can't be used as a valid collateral.Read that what is valid collateral twice.You can be legit ,as much as you claim but the legend says,"No Collateral,No Loan".
As I said that those social media accounts are not as collateral but to confirm my identity. You can see my steemit account, it alone has more than 300 steem, which is more than $300 as of now. Plus pending rewards. And by my account as a collateral I mean that I would not risk getting negative rep or even account blocked for some $40 or so. And specially when I have to receive tokens from hashrush bounty campaign. I know what these tokens are not listed on any exchange, but for me they are valuable and that's why I accepted the bounty at first place. Plus, I have already done a trade with LouisVuitton, who is a hero member. So even though I don't have any coins as collateral, I have other things, which are way more worth than these $40. I need 0.15 ETH in these 3 days, otherwise I wouldn't have asked for a loan in the first place.
