Offering Loans - collateral required

oshnap

newbie

Activity: 31

Merit: 0

Quote from: iluvu143 on September 19, 2014, 07:13:34 AM

You can better sign addresses of both the addresses (BTC & LTC addy) so that people can know you actually own some. Cause, there are already many higher members who are lending out their BTCs. So, better sign some addy as a proof of ownership of the BTC you claim.

P.S.: Better use some trusted escrow like monbux or DannyHamilton for your altcoin escrowing.

I have updated the OP to include the requested signatures.

iluvu143

newbie

Activity: 6

Merit: 0

You can better sign addresses of both the addresses (BTC & LTC addy) so that people can know you actually own some. Cause, there are already many higher members who are lending out their BTCs. So, better sign some addy as a proof of ownership of the BTC you claim.

P.S.: Better use some trusted escrow like monbux or DannyHamilton for your altcoin escrowing.

oshnap

newbie

Activity: 31

Merit: 0

Hi,

I have some coins available for loans backed by an altcoin(or bitcoin) collateral(coins accepted to be determined by escrow). I am currently approaching several reputable members regarding escrow services and will update this topic with their username once we have reached an agreement.

Available:
- 3btc
- 350ltc

Max term: 30 days

Please post here in the following format:

Amount: (in btc or ltc)
interest: (percent)
term: (max of 30days)
payments: (frequency and amount - e.g. weekly and 0.1btc)
collateral: (your collateral - must be principle plus 2x the interest - eg. 10% interest requires 120% escrow. altcoins are subject to escrow approval)

Important - Please read

If the value of the collateral in question drops 1% below the interest rate for your loan you must either payback immediately or I will ask the escrow to release the coins so I can sell them. For example, if your interest is 10% and the altcoin in escrow drops below 109% of the value of the loan you must pay back immediately or I will sell the escrowed coins to recoup my investment. You will be given 2 hours to repay before I request the release of the collateral
If you fail to make a payment by midnight(EST) on the due date you will forfeit the collateral

Loan requests via PM will be ignored.

edit
The following is to prove I control the funds claimed in this post.

Message:
ohsnap 9-19-14 https://bitcointalksearch.org/topic/offering-loans-collateral-required-787390

btc address: 1BBjdXzHg7BmBetzTc3HtxtXx9GQKp9tcf
sig: G3NiCtlkqUuzwNimVIsKYMLfNsiZvZShfr0BbC7KQF1d7MaA4IDEJOX1pJgjwH6Lx0FIGnRnT15Blui 5vF3Fes8=

ltc address: Lh9me4Jhav7tsa9df7NUAjKDrNRxshbm9S
sig: HJ2OEG4a2dmUx6pkUclOdZhe6ctRkL+7MXB7S6Stx73mo6TMsn10KKtafPW46cRnsrntIPQqiF7El2N0q0wshhU=

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