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Topic: [Repaid] €550 loan request. [Physical collateral] - page 3. (Read 3369 times)

legendary
Activity: 2464
Merit: 3158
Would you send a copy of your passport if I borrowed you the money? As the amount is in €, what about the risk of a BTC dump and therefore the collateral coin being worth  less than 550€?

I'd prefer avoid sending out such sensitive info ... If you have my SEPA details and my passport, you can do nasty things to me.
I do not want to lose my casascius coin. There is only about ~3700 of these that were made, and I don't know how many have been spent ...
I'm really attached to it.

Can you explain why your account password was reset recently?

Well, I forgot my password. Normally if you don't logoff from forum, your account remains.
I use long character strings as passwords.

Here is a msg signed by an address I used on this forum in 2015 :

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is yogg from bitcointalk and today is 03/08/2017.
This signed message is to confirm my EUR 550 loan request.
-----BEGIN SIGNATURE-----
1F69i8vQDmDsic69jVHwfaZ1XqxsXwEzd
H1bqr6j+9IEIOMFqNg4CB050q7D7wKascnd2wKxjrfr2aYNBltJUN3DxlbtOW3WwV6nKU9f/0RBaJouiIAwKDC8=
-----END BITCOIN SIGNED MESSAGE-----
sr. member
Activity: 294
Merit: 250
http://bitcoin-engrave.com
Can you explain why your account password was reset recently?
sr. member
Activity: 294
Merit: 250
http://bitcoin-engrave.com
Would you send a copy of your passport if I borrowed you the money? As the amount is in €, what about the risk of a BTC dump and therefore the collateral coin being worth  less than 550€?

Greetings asxs
legendary
Activity: 2464
Merit: 3158
So you want 550€ either in BTC or in fiat? Or only in fiat?
It's very different to repay a loan in BTC and with 2.5%/month...Don't sound very attractive for possible lenders this proposal of yours.

Btw, you know that you need to ship and pay any fees for your collateral, right?

I would like 550€ in fiat and repay in fiat. The loan involves only fiat.

However the loan collateral is the Casascius coin funded with 0.5 BTC (~550 EUR as of now).
And you can also add the coin premium on top of that.

I know 2.5% is low .. I can make it 3%.
I won't be able to repay before 4th month for sure, so with a 3% rate, the total interest will be 12% minimum.

Yes, I will pay any escrow fee and shipping fee to send the collateral both ways.
hero member
Activity: 1358
Merit: 513
So you want 550€ either in BTC or in fiat? Or only in fiat?
It's very different to repay a loan in BTC and with 2.5%/month...Don't sound very attractive for possible lenders this proposal of yours.

Btw, you know that you need to ship and pay any fees for your collateral, right?
legendary
Activity: 2464
Merit: 3158
I am interested in giving you a loan.
I'm located in Germany, where do you live/study?

Greetings asxs

Thank you very much. Smiley
I live in France. I am studying IT, more precisely software development, in a French university.

By the way, I edited the OP about it, but SEPA bank transfer is good for me.
sr. member
Activity: 294
Merit: 250
http://bitcoin-engrave.com
I am interested in giving you a loan.
I'm located in Germany, where do you live/study?

Greetings asxs
legendary
Activity: 2464
Merit: 3158
Hello,

I want to borrow 550 EUR.
Length : max 6 months. I want to be able to repay early.
Interest : 3% / month
Collateral : 2013 0.5BTC Brass Casascius coin.

Reason :
I'm a student. The university year is over in less than 2 months and I'm really short on funds for my current expenditures. This loan will let me breathe until then.
When I'm done with uni for this year, I'll be looking for a temporary job that lasts until the beginning of the next year (we have about 5 months free in between).

I'll use my salary to repay the loan.
I will be earning EUR so this is why I prefer to take a loan in that currency, not regarding the BTC moves.

Collateral :
I am willing to ship one of my casascius coins to a trusted european escrow so he can hold it for the loan duration.
Front pic - Back pic
I'm not sure how to post the pictures in the thread. Also I thought my phone would make better photos than that..

Any questions, please ask. Smiley
If you consider to loan but find the interest too low, please tell me your offer.

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is yogg from bitcointalk and today is 03/08/2017.
This signed message is to confirm my EUR 550 loan request.
-----BEGIN SIGNATURE-----
1F69i8vQDmDsic69jVHwfaZ1XqxsXwEzd
H1bqr6j+9IEIOMFqNg4CB050q7D7wKascnd2wKxjrfr2aYNBltJUN3DxlbtOW3WwV6nKU9f/0RBaJouiIAwKDC8=
-----END BITCOIN SIGNED MESSAGE-----

EDIT : I am willing to transact using SEPA Bank Transfer, or any other way that is easy to use to transfer EUR.
EDIT2 : Changed interest from 2.5% to 3%.
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