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Topic: pastet89's alts deposit service - win 3% to 10% on your coins for 1 month - page 2. (Read 2010 times)

sr. member
Activity: 378
Merit: 265
Yes, like bank.
Sorry, what I am going to do with them I am not willing to reveal.
However I doubt any would have problems with that as I am offering interest and even I am OK with using an escrow if requested, which makes scamming just not possible. So whoever uses my service will get a totally risk free, 100% guranteed, either 2% alt currency or 5% BTC pure profit interest in just 2 weeks.
very interesting. Do drop me a pm once you are releasing this. thanks!
Will do definately.
Thank you for your interest!
sr. member
Activity: 266
Merit: 250
Yes, like bank.
Sorry, what I am going to do with them I am not willing to reveal.
However I doubt any would have problems with that as I am offering interest and even I am OK with using an escrow if requested, which makes scamming just not possible. So whoever uses my service will get a totally risk free, 100% guranteed, either 2% alt currency or 5% BTC pure profit interest in just 2 weeks.
very interesting. Do drop me a pm once you are releasing this. thanks!
sr. member
Activity: 378
Merit: 265
Yes, like bank.
Sorry, what I am going to do with them I am not willing to reveal.
However I doubt any would have problems with that as I am offering interest and even I am OK with using an escrow if requested, which makes scamming just not possible. So whoever uses my service will get a totally risk free, 100% guranteed, either 2% alt currency or 5% BTC pure profit interest in just 2 weeks.
sr. member
Activity: 266
Merit: 250
Hi,
in this thread I am willing to take loans of alts on the following conditions:

1. I will be requesting a loan of an alt-currency for a BTC equivalent based on the "BUY" price of the exchange for it.
2. The loan will be for x period of time which may vary and will be updated for each new loan request, but default will be around 2 weeks I guess.
3. After the x period of time I am obliged to do one of the following two things:
- Return the same alt amount to the investor + 2% interest
OR
- Return the BTC equivalent of the alt loan estimated on a "BUY" on exchanges price basis by the time the loan was made + 5% interest in BTC
4. I think that my account is trustworthy enough so I can get directly loans, however, if someone insist to use an escrow from a more trusted member than me (me sending the BTC guarantee to the escrow from the begining), I am absolutely OK with that, given the fact that the escrow is charging 0% for it's service.

This is the brief overall description of my service, soon I will start updating the thread with requests for exact alts, stay tuned.
All deals will be put in this thread to show transperancy of service and help me build up my reputation even further.

Thank you for reading.
\
wait so you would take cryptocurrency loans from other people and repay them a little more after a period of time?
Yes, but as OP states, I reserve the right to choose between 2 options:
- pay back in same alt currency with 2% interest
OR
- pay back in BTC equivalent based on price by the time of the loan with 5% interest
Ooh so like a bank? what are you gonna be using these funds for? Speculation?
sr. member
Activity: 378
Merit: 265
Hi,
in this thread I am willing to take loans of alts on the following conditions:

1. I will be requesting a loan of an alt-currency for a BTC equivalent based on the "BUY" price of the exchange for it.
2. The loan will be for x period of time which may vary and will be updated for each new loan request, but default will be around 2 weeks I guess.
3. After the x period of time I am obliged to do one of the following two things:
- Return the same alt amount to the investor + 2% interest
OR
- Return the BTC equivalent of the alt loan estimated on a "BUY" on exchanges price basis by the time the loan was made + 5% interest in BTC
4. I think that my account is trustworthy enough so I can get directly loans, however, if someone insist to use an escrow from a more trusted member than me (me sending the BTC guarantee to the escrow from the begining), I am absolutely OK with that, given the fact that the escrow is charging 0% for it's service.

This is the brief overall description of my service, soon I will start updating the thread with requests for exact alts, stay tuned.
All deals will be put in this thread to show transperancy of service and help me build up my reputation even further.

Thank you for reading.
\
wait so you would take cryptocurrency loans from other people and repay them a little more after a period of time?
Yes, but as OP states, I reserve the right to choose between 2 options:
- pay back in same alt currency with 2% interest
OR
- pay back in BTC equivalent based on price by the time of the loan with 5% interest
sr. member
Activity: 266
Merit: 250
Hi,
in this thread I am willing to take loans of alts on the following conditions:

1. I will be requesting a loan of an alt-currency for a BTC equivalent based on the "BUY" price of the exchange for it.
2. The loan will be for x period of time which may vary and will be updated for each new loan request, but default will be around 2 weeks I guess.
3. After the x period of time I am obliged to do one of the following two things:
- Return the same alt amount to the investor + 2% interest
OR
- Return the BTC equivalent of the alt loan estimated on a "BUY" on exchanges price basis by the time the loan was made + 5% interest in BTC
4. I think that my account is trustworthy enough so I can get directly loans, however, if someone insist to use an escrow from a more trusted member than me (me sending the BTC guarantee to the escrow from the begining), I am absolutely OK with that, given the fact that the escrow is charging 0% for it's service.

This is the brief overall description of my service, soon I will start updating the thread with requests for exact alts, stay tuned.
All deals will be put in this thread to show transperancy of service and help me build up my reputation even further.

Thank you for reading.
\
wait so you would take cryptocurrency loans from other people and repay them a little more after a period of time?
sr. member
Activity: 378
Merit: 265
PASTET89's DEPOSIT SERVICE WITH INTEREST - WIN MONTHLY INTEREST ON YOUR ALT COINS.

IN BRIEF

I will be functioning like a bank, offering interest for deposits. I will be taking loans in alternative cryptocurrencies and will be giving between 3 and 10 % iterest on them for specific period of time which usually will be 1 month. A escrow with guarantee for the sum im BTC is possible if you find someone trusted to provide it for 0%.



TERMS AND CONDITIONS

1. I will be requesting a loan (deposit) of an alt-currency for a BTC equivalent based on the "BUY" price of the exchange for it, or, if specified, any other custom price me and custommer agree on.
2. The loan will be for x period of time which may vary and will be updated for each new deposit request, but by default will be 1 month.
3. No later than the agreed period of time fir the deposit I am obliged to do one of the following two things:

A. When escrow service is used:
- Return the same alt coins amount to the investor + 3% interest
OR
- Return the BTC equivalent of the alt deposit estimated on the price basis on which the deposit was made (not on the market price by the time of the end of the deposit) + 5% interest in BTC

B. When escrow service is not used:
- Return the same alt coins amount to the investor + 5% interest
OR
- Return the BTC equivalent of the alt deposit estimated on the price basis on which the deposit was made (not on the market price by the time of the end of the deposit) + 10% interest in BTC

The decision which of the two options for returning the deposit to be used is solely mine.

4. I think that my account is trustworthy enough so I can get directly the deposits, however, if someone insist to use an escrow from a more trusted member than me (me sending the BTC guarantee to the escrow from the begining), I am absolutely OK with that, given the fact that the escrow is charging 0% for it's service. I will be able to take deposits without escrow guarantee on higher interests all the time, however, I will have limited abilities to take deposits with escrow gurantees and I will state what is my current escrow buffer.

5. Minimum deposit is 0.1 BTC equivalent.



EXAMPLE

I am taking 1 BTC worth of DOGE on a price of 100 satoshi, this is a milion (1'000'000) DOGE.

When using escrow:

I am sending to the escrow 1.05 BTC and then I get the DOGE. The escrow gurantee stays locked untill the time of the end of the deposit and if I choose to refund the deposit in DOGE I will get back my BTC from the escrow.
Non later than the x period of time as agreed with custommer I am obliged to return to him either 1.05 BTC from the escrow or 1030000 DOGE.

You win:
0.05 BTC or 30'000 DOGE.

When not using escrow:

Escrow is not used.
Non later than the x period of time as agreed with custommer I am obliged to return to him either 1.1 BTC or 1050000 DOGE.

You win: 0.1 BTC or 50'000 DOGE.


CURRENTLY TAKING:

Deposits with escrow have current escrow buffer limit of 1.225 BTC.
Deposists without escrow have limits as stated below.



Worldcoin (WDC).
Price: average BUY price on Cryptsy or ~ 8050 satoshi
Limit: Current escrow buffer or 1.5 BTC (which is more).


Megacoin (MEC).
Price:  average BUY price on Cryptsy or ~ 14800 satoshi
Limit: Current escrow buffer or 2 BTC (which is more).

Tagcoin (TAG).
Price:  average BUY price on Cryptsy or ~ 25500 satoshi
Limit: Current escrow buffer or 1.5 BTC (which is more).

Auroracoin (AUR).
Price:  average BUY price on Cryptsy or ~ 390'000 satoshi
Limit: Current escrow buffer or 1.5 BTC (which is more).

KittehCoin (MEOW).
Price: 5 satoshi
Limit: Current escrow buffer or 10 BTC (which is more).

Lottcoin (LOT).
Price: 3 satoshi
Limit: Current escrow buffer or 1.5 BTC (which is more).


Isracoin (ISR).
Price: current exchange price
Limit: Current escrow buffer or 5 BTC (which is more).
Note: as prices fluctate all the time I reserve the right to change prices I am accepting if the deal is delayed and re-ask the client for confirmation he is OK with new price. Final price is the price, agreed in the final deal.
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