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Topic: ⍟⍟⍟ Quick Loans with collateral ⍟⍟⍟ (Read 1077 times)

sr. member
Activity: 532
Merit: 250
Presale is live!
I was baseing it off the estimated amount
full member
Activity: 180
Merit: 100
Loan Amount: 0.025
Reason for the Loan: cell phone bill due
Amount to be repaid: 0.0275
Repayment Date: 6/30/2017
Type of Collateral: My bitcointalk account
Bitcoin Address: 13WMDvFrryTb8zFcXNXZKufSpCs6NqYHez

Denied.
Your account is not worth 120% of the loan requested.
sr. member
Activity: 532
Merit: 250
Presale is live!
Loan Amount: 0.025
Reason for the Loan: cell phone bill due
Amount to be repaid: 0.0275
Repayment Date: 6/30/2017
Type of Collateral: My bitcointalk account
Bitcoin Address: 13WMDvFrryTb8zFcXNXZKufSpCs6NqYHez
full member
Activity: 180
Merit: 100
hero member
Activity: 658
Merit: 505
full member
Activity: 180
Merit: 100
Thanks onnz423 for your recommendations!!
hero member
Activity: 840
Merit: 508
Make winning bets on sports with Sportsbet.io!


You are going to lose money if you keep doing this! Ask for collateral!



Yeah or not at least approving any requests from accounts with no trade history and below Sr. Member. I think signed message is fine as long as the account is something that you would see the person coming for, i would not see HumberDice for example coming back for his, because of negative feedback and accused multiple alts.

But i agree with this reply, OP you might want to consider more strict lending.
Even if I request bitcointalk.org accounts estimated by https://www.bctalkaccountpricer.info ?

Yes. That site is really not accurate at all so you should not trust it. I would suggest just evaluating every person, reviewing their trust and post quality. You will not want accounts as collateral which have no chance of getting into sig campaign or are otherwise horrible quality.

Edit: also if you still want to take a leap of faith with signed message, make sure it is from staked address so it is not hacked account. If you for example look at HumberDice's post history closer, you'll see that it mostly is just spamming to farm post count.
full member
Activity: 140
Merit: 100
Thanks for giving me this news just because I do not know how to handle the message signature
full member
Activity: 180
Merit: 100
-----BEGIN BITCOIN SIGNED MESSAGE-----
I am humberdice from bitcointalk.org , today june 25/06/2017 , i asking an loan 0.013 btc and provide my account bitcointalk as collateral and if i default my loan , the loaner is new  own of the account or he can sell 
-----BEGIN BITCOIN SIGNATURE-----
Version: MultiBit HD (0.5.1)
Comment: https://multibit.org
Address: 1AE5K7AT4rTZFUMH5B2R6QY4sRfvFXP4j4
H/WssYHudUQwJL2yES8HFWILTnDBELS3gYbSYvwokG/mAqskfIff6RXKGGhCDGoPI3Q765LFD54M39oBUFvKku4=
-----END BITCOIN SIGNATURE-----


Request : Denied
full member
Activity: 180
Merit: 100


You are going to lose money if you keep doing this! Ask for collateral!



Even if I request bitcointalk.org accounts estimated by https://www.bctalkaccountpricer.info ?
hero member
Activity: 896
Merit: 1082


You are going to lose money if you keep doing this! Ask for collateral!

full member
Activity: 140
Merit: 100
-----BEGIN BITCOIN SIGNED MESSAGE-----
I am humberdice from bitcointalk.org , today june 25/06/2017 , i asking an loan 0.013 btc and provide my account bitcointalk as collateral and if i default my loan , the loaner is new  own of the account or he can sell 
-----BEGIN BITCOIN SIGNATURE-----
Version: MultiBit HD (0.5.1)
Comment: https://multibit.org
Address: 1AE5K7AT4rTZFUMH5B2R6QY4sRfvFXP4j4
H/WssYHudUQwJL2yES8HFWILTnDBELS3gYbSYvwokG/mAqskfIff6RXKGGhCDGoPI3Q765LFD54M39oBUFvKku4=
-----END BITCOIN SIGNATURE-----
full member
Activity: 180
Merit: 100
-----BEGIN BITCOIN SIGNED MESSAGE-----
I am humberdice from bitcointalk.org , today june 25/06/2017 , i asking an loan 0.013 btc and provide my account bitcointalk as collateral and if i default my loan , the loaner is new  own of the account or he can sell
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1AtvPFhtgZgMJsX9vUd54Fv6WdxiiPVJUn

H0VexHJr9Ee1Nafz+y5qlqnmbgQIsEp5jvaeX7tHf+0IIaTlX9lIekhq3uieoay8O7KKwKQPxjs2NRz/zeIGF60=
-----END BITCOIN SIGNATURE-----

Wrong signature
full member
Activity: 180
Merit: 100
Provide signed message please.
full member
Activity: 140
Merit: 100
Loan Amount:0.013  BTC
Reason for the Loan: personal payment
Amount to be repaid: 0.016 btc
Repayment Date: 30/6/2017
Type of Collateral:my bitcointalk acc
Bitcoin Address 1AE5K7AT4rTZFUMH5B2R6QY4sRfvFXP4j4
full member
Activity: 180
Merit: 100
Loan Amount: 0.02BTC
Reason for the Loan: Arbitrage opportunity
Amount to be repaid: 0.023BTC
Repayment Date: within 3 days
Type of Collateral: none
Bitcoin Address: 1GeqjNKMpt8HG8TJbgzQRePmZ3LzqC7Swt

Loan Request : Granted
Sign Message : Verified
Amount of Loan : 0.02BTC
Txn : https://blockchain.info/tx/26646943c581fa14b2cdd73ad9477bff1f091b38046f30006f71258f6571698f
Date of Repayment : June 28
Amount of Repayment : 0.023BTC
Pay to : 12A5MTLMjK9gbXf7BLoz7EyK2A3Do1gvNm
full member
Activity: 180
Merit: 100
According to https://www.bctalkaccountpricer.info/?token=2b7krveq , your bitcointalk.org account Estimated Price: 0.05796000BTC


Signature verified, send me you account details to mp to secure it, then I'll send funds to 1GeqjNKMpt8HG8TJbgzQRePmZ3LzqC7Swt
hero member
Activity: 658
Merit: 505
Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
I am alvinmtp from bitcointalk.org, today is june 25 2017. I am asking for a loan from zeflex with my account as collateral. If i default my loan, zeflex will be the new owner of my account.
-----BEGIN SIGNATURE-----
1GeqjNKMpt8HG8TJbgzQRePmZ3LzqC7Swt
H06b9ins6CzsWcxYvg53rdrBH3z+aN/kZN8MUpjfl2QoPcfcJ1oO9qeBdhDJEd4vwsAI8129yZ5Qw29i7EVJKKc=
-----END BITCOIN SIGNED MESSAGE-----
hero member
Activity: 658
Merit: 505
Loan Amount: 0.02BTC
Reason for the Loan: Arbitrage opportunity
Amount to be repaid: 0.023BTC
Repayment Date: within 3 days
Type of Collateral: none
Bitcoin Address: 1GeqjNKMpt8HG8TJbgzQRePmZ3LzqC7Swt
full member
Activity: 180
Merit: 100
Don't forget to use escrow considering your lack of trading history:)

Good luck with your business

Thanks for the advice !
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