Author

Topic: need a very small btc loan (Read 601 times)

full member
Activity: 154
Merit: 100
January 24, 2015, 01:06:32 AM
#7
yes I don't need the loan for more then a few days so the 5℅ interest isn't a problem for me, I really don't have anything for collaterol just my btc talk account, hopefully someone can help me out with this small btc loan
hero member
Activity: 602
Merit: 500
January 24, 2015, 12:49:18 AM
#6
People simply do not understand that 90% of BCT accounts are not worth anything as collateral...

if its Full Member and above they have a value
legendary
Activity: 2087
Merit: 1015
January 24, 2015, 12:43:41 AM
#5
hi guys im looking for a small loan if anyone can help me heres what im asking, and thanks to you if you can help me

amount requested: 0.05
collaterol: btctalk account
payback: no more then 7 days
interest: 5% per day
address to recieve loan: 18uS7oAVPW7Lq83hoBne1gYao1isvyawsG

Just to be clear that interest rate results in a final total after 7 days of 0.07035502 or ~20% interest on 7 days.

At 15 days you would be paying back double what you asked for originally.

5% daily could get out of hand quickly, and accounts don't count for much in terms of collateral anymore. Unless it's a rather established account it doesn't take long to rack up 100 posts.
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
January 24, 2015, 12:37:07 AM
#4
People simply do not understand that 90% of BCT accounts are not worth anything as collateral...
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
January 24, 2015, 12:32:44 AM
#3
any collateral?

He is offering his account as collateral but I don't think it will be worth 0.05BTC if you're planning on selling it.

@OP: Can you provide better collateral?

   ~~MZ~~
legendary
Activity: 1596
Merit: 1000
January 24, 2015, 12:14:25 AM
#2
any collateral?
full member
Activity: 154
Merit: 100
January 23, 2015, 09:05:09 PM
#1
hi guys im looking for a small loan if anyone can help me heres what im asking, and thanks to you if you can help me

amount requested: 0.05
collaterol: btctalk account
payback: no more then 7 days
interest: 5% per day
address to recieve loan: 18uS7oAVPW7Lq83hoBne1gYao1isvyawsG
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