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Topic: [Repaid]: 8 BTC loan. Between SagivS, Lone Shark, Condoras and FrilledShark + G - page 2. (Read 1977 times)

hero member
Activity: 617
Merit: 500
I am the signed message, without I am not
This is a thread made to track the loan between:
Borrower:
SagivS

Lenders:
2.5 Condoras
0.8 Lone Shark

4.7 FrilledShark

Read update: https://bitcointalksearch.org/topic/m.18453804

TEMP:
0.8 Gunthar
 Gunthar was repay: 803fa664b0222fbb7678e875e6dd9bda83e4aaf8ca91df7e8533486cc7c60ada


The address where all bitcoins are located is:
Code:
1ZEYEyyuAaD5k1HSzUA3b1GTbjx1RrdGa
The address can be found below, signed by me.

Collateral:
SagivS's Bela (Cryptocurrency). Cover at least 125% of the total loan.
It is held by all lenders, according to their shares of this loan.
Held by FrilledShark on Poloniex.com
Update: 2017-02-28 2017-04-05
The collateral is held by FrilledShark. It is considered secured after 2000 250 confirmations. (According to updated Poloniex standarts.)
519634 400 000 519 634.2355 400 000 250 000 Bela. Was sent to the signed address here: https://bitcointalksearch.org/topic/m.18012299

A stop-limit order on Poloniex are placed at 121% of collateral amount.
The respective prices will be publicised after the loan are repaid. All parties knows about it and it was distributed via an automated spreadsheet.


Amount:
The borrower requested a 8 BTC loan.

Update: 2017-02-28
4 BTC was sent to borrower, before the transaction was confirmed. The rest will be sent after the transaction is confirmed by Poloniex.
Update: 2017-03-01
The last 4 BTC was sent to borrower.

*Temp:
As the Borrower wanted to get 8 BTC today (2017-02-28), before afternoon. FrilledShark asked Gunthar for help. He agreed to lend FrilledShark temporary enough to fill this part.
 This was repaid.803fa664b0222fbb7678e875e6dd9bda83e4aaf8ca91df7e8533486cc7c60ada



The final loan details are:

Amount: 8 BTC.
Share belong to:
4.7 FrilledShark
2.5 Condoras
0.8 Lone Shark

Interest: 11% each month.
 Interest: 9.76 BTC by repayment.

Repayment date: May 1.

Repayment address: 1ZEYEyyuAaD5k1HSzUA3b1GTbjx1RrdGa
 This will not change. If it does, it will require more then 2 lenders to sign a message stating the new repayment address. The signed messages, originating from an address older then 2 months.
 THE COLLATERAL IS OTHERWISE LOST!

The collateral was received and is currently held by FrilledShark. Recived on the address posted here and held on Poloniex.com



Because of the required amount of confirmations on the collateral, it was decided that only half of the total loan was provided early (2017-02-28).
Bela:
a2f45e24b29f402d8f382d6f3fe3e6b125fd4f73364221a97d629c4458397668
3112afb10c07cfc716f7bb2f2ad03558152d36f16a74264dd2efe028a45f778c
fb9bda8e99e3a7c18a7f121db1ec7eaaef360e8b25007ef35327cc9ff5590d6b
Required to reach 2000 250 confirmations before considered secured.

Withdrawal:
c7cd77240552c6843dfc1c9241a5bf8d0b48834e7d76250d297c515ac20afc5b

Bitcoin:
d1b69b5cd671277f789ea3fb9b6310173eca3aef7ef328232ee763a3cd91bc98
cd723c3fbefe8664964006d4b7f1fd52f1e0389ff02a138d4ca5337dfdf9170b
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