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Topic: Question about Valid Collateral - page 2. (Read 1934 times)

full member
Activity: 120
Merit: 100
Matt or Jack? Why not both!
December 03, 2015, 02:32:53 AM
#14
So who's willing to sell a Legendary account, pm offers Wink
legendary
Activity: 3248
Merit: 1070
December 03, 2015, 02:23:26 AM
#13
the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.

4 legendary seems too much for just 5 btc, a good legendary with plenty of trust alone is worth more than 5 btc

i know that my account is worth a tons more, because i made more than 5 btc here with this account, no way i'm selling it for 1.25 btc ...for example
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
December 02, 2015, 04:22:55 PM
#12
Maybe Later. I have to ask money somewhere else, a pawnshop should help me. Thanks anyway.

Sorry mate, but no one will give you that amount of money here without a good and proper collateral. After all, we are all strangers here.

You will much easier get money from your friends or family, so better to concentrate on that then to waste your time here.

Hope you will solve your problems after all. Best of luck!
hero member
Activity: 518
Merit: 500
December 02, 2015, 09:11:39 AM
#11
many people not agree if that being collateral for 5BTC,but i think its can be. some domain and good website also have a good price.
but ts depending deal between you and lender.
legendary
Activity: 2492
Merit: 1018
December 02, 2015, 06:41:49 AM
#10
 Maybe Later. I have to ask money somewhere else, a pawnshop should help me. Thanks anyway.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
December 02, 2015, 05:00:03 AM
#9
the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.
legendary
Activity: 2492
Merit: 1018
December 02, 2015, 04:54:17 AM
#8
the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
legendary
Activity: 3248
Merit: 1070
December 02, 2015, 02:21:47 AM
#7
the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust
full member
Activity: 140
Merit: 100
December 01, 2015, 01:40:51 PM
#6
Quote
Are the domains unique? LLL.com or LLLL.com?
you mean 3-4 letter domains? No. but they do have the keywords for the niche.

the blog don't have constant traffic though, traffic usually go up to 300 to 500 a day during January because of the largest feast in the country where thousands of tourists visits our city.  Earns adsense about a $100 every 5 to 6 months.

sure not worth 5btc though, if anyone would like to check the site, I cam pm it and maybe we can make a deal how much you can lend or so.



Well the collateral should be around 110-115% of the loan amount and i don't think this is the case.

Also keep in mind a lender would rather take collateral that can be sold fast and easy.
legendary
Activity: 2492
Merit: 1018
December 01, 2015, 01:29:00 PM
#5
Quote
Are the domains unique? LLL.com or LLLL.com?
you mean 3-4 letter domains? No. but they do have the keywords for the niche.

the blog don't have constant traffic though, traffic usually go up to 300 to 500 a day during January because of the largest feast in the country where thousands of tourists visits our city.  Earns adsense about a $100 every 5 to 6 months.

sure not worth 5btc though, if anyone would like to check the site, I cam pm it and maybe we can make a deal how much you can lend or so.

full member
Activity: 140
Merit: 100
December 01, 2015, 01:04:48 PM
#4
To answer your question we would need a lot more information....

How many unique hits does your website get a month?
Does it have revenue?
Are the domains unique? LLL.com or LLLL.com?
.........
legendary
Activity: 1876
Merit: 1475
December 01, 2015, 12:52:22 PM
#3


I'm trying to acquire about 5btc and my collateral will be my website and some domains. I have a local travel blog with a growing forum of its own and the domains along with it in my fatcow account. is this going to be a valid collateral and can i get about 5btcs for it?

It is valid collateral in the sense the domains can be transferred and not recovered and you may grant exclusive access/ownership for your site/server to the lender (or escrow). Just keep in mind the ownership can't be shared with you for it to be valid collateral.
Regarding the value you'd need to publish specific traffic and income stats to establish whether it's worth more than 5BTC plus interest. If you think it is then I recommend you to post your loan request with the full information.
hero member
Activity: 518
Merit: 500
December 01, 2015, 12:49:11 PM
#2
That depends. A valid collateral must be around 110%-115% of the loan value and it should be easily to liquidate.
legendary
Activity: 2492
Merit: 1018
December 01, 2015, 12:45:49 PM
#1


I'm trying to acquire about 5btc and my collateral will be my website and some domains. I have a local travel blog with a growing forum of its own and the domains along with it in my fatcow account. is this going to be a valid collateral and can i get about 5btcs for it?
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