Topic: Question: If I had 120% of the amount requested could get loan? (Read 752 times)
Please listen I just Bitcoin not Dogecoin and I want some extra Bitcoin for own personal reasons, when I have the guarantee will be asked for a loan just wanted to know now if I could get
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I would like right answer..
If you use that as collateral i think you will be able to get the loan.
Some uses user other crypto coins as collateral, for example you can ask for 1 Bitcoin loan if you have 2 million Doge.
But why would anyone in his right mind want to take a loan if he could just sell 2 million Dogecoins at an exchange, and get even more than 1 bitcoin? I don't mean just doges, but 120% as collateral doesn't make it easy to understand the logic behind it...
At current rate, 2 million Doge will be worth 1.02BTC.
Some people may want to HODL* their altcoin(s) instead of selling 'em, like your vehicle or other properties. Such people ask for loan rather than selling it/tem.
* https://bitcointalk.org/index.php?topic=375643.0;all
I have my reasons and 120% will guarantee
I would like right answer..
If you use that as collateral i think you will be able to get the loan.
Some uses user other crypto coins as collateral, for example you can ask for 1 Bitcoin loan if you have 2 million Doge.
But why would anyone in his right mind want to take a loan if he could just sell 2 million Dogecoins at an exchange, and get even more than 1 bitcoin? I don't mean just doges, but 120% as collateral doesn't make it easy to understand the logic behind it...
Thanks, then you soon I get a loan when I have 
I would like right answer..
If you use that as collateral i think you will be able to get the loan.
Some uses user other crypto coins as collateral, for example you can ask for 1 Bitcoin loan if you have 2 million Doge.
I would like right answer..
What do u mean? Collateral for 120%?
If u mean that I could loan you...
Regards
I would like right answer..
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