Author

Topic: Question about this collateral (Read 463 times)

legendary
Activity: 2968
Merit: 1198
March 25, 2014, 04:08:17 PM
#5
Ok, just to know what big mistake I did mining them.  Roll Eyes

It wasn't necessarily a mistake except in hindsight. You took a risk and it hasn't paid off. That's how risks work.
legendary
Activity: 2884
Merit: 1117
March 25, 2014, 04:02:05 PM
#4
Ok, just to know what big mistake I did mining them.  Roll Eyes
hero member
Activity: 735
Merit: 501
March 25, 2014, 03:49:16 PM
#3
Collateral is worthless in this scenario:
https://c-cex.com/index.html?p=fail-btc

Here you can see that there is literally no demand.  Over BTC5 is trying to be sold at the rock-bottom of 1 Satoshi, and there is not a single buy order up.  If evaluating a loan, you'd be better off looking into a lender willing to make it without collateral.
legendary
Activity: 2968
Merit: 1198
March 25, 2014, 03:47:39 PM
#2
I would not accept that coin as collateral
legendary
Activity: 2884
Merit: 1117
March 25, 2014, 03:21:27 PM
#1
Ok, I'm just wondering, since nobody wants to tell me how much they can worth, If I have 500K Failcoins, how much could be the corrispective in btc?
Let's say I'm asking you now for a loan, how much would you like to give me to being able to be covered by the collateral?
If the collateral I'm offering is useless just tell me Smiley

Edit: Atm I'm not searching for an actual loan, just need to know if I can use what I earned for the job
Jump to: