Request loan 0.0015 btc | Bitcointalksearch.org

Timelord2067

legendary

Activity: 3696

Merit: 2219

💲🏎️💨🚓

Quote from: shasan on September 03, 2022, 04:43:13 AM

If the value of the collateral goes below the repayment amount or the percentage agreed by the both parties then the lender can sell the collateral amount. But if the borrower can provide more collateral then there is no reason to sell the collateral. If the price of collateral increase and borrower wants to get back few collateral then that is okay or the borrower can wait (if not necessary) until the repayment.

Which is why in post number two I said:

Quote from: Timelord2067 on August 10, 2022, 02:31:39 AM

BTC 0.001 of each would be approx 335. So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

The OP agreed to that.

Quote from: PalermoMoon on August 10, 2022, 05:13:56 AM

No problem , send me wallet

shasan

copper member

Activity: 2380

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: marcotheminer on August 10, 2022, 07:22:52 AM

how is collateral managed if its value drops below loan value, or perhaps increases substantially.

Hash of a comment I'm making, just not yet revealing .. af65d29... nevermind, I rest my case

If the value of the collateral goes below the repayment amount or the percentage agreed by the both parties then the lender can sell the collateral amount. But if the borrower can provide more collateral then there is no reason to sell the collateral. If the price of collateral increase and borrower wants to get back few collateral then that is okay or the borrower can wait (if not necessary) until the repayment.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: ?? on ??

Be careful, they are already trying to write you down as a scammer, just like they wrote me down. It is better not to answer them, because it will not lead to anything good

Classic.. I'm kind of with you there. We're on a forum that's basically one about money. High alert; we all are on here.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: PalermoMoon on August 11, 2022, 04:09:33 PM

DMC4REUMuWN3YKhmQVrpdWkpLLtdo9ZsBv

Thank you

Edit: repayment https://www.blockchain.com/btc/tx/be994d9ac064e80f0cb47addab5aab1241cb24e29f11178e4d9bfb1f5b94e2e6

Collateral sent: https://dogechain.info/tx/4c92f835fad18b7ddf266f61e5d945f0ca2ae94eb20582acc8c9d4fcbbf84151
Thank you for the deal.

PalermoMoon

newbie

Activity: 32

Merit: 0

Quote from: DireWolfM14 on August 11, 2022, 01:49:22 PM

Quote from: RikandMorty1 on August 10, 2022, 07:53:54 AM

Quote from: LoyceMobile on August 10, 2022, 07:45:15 AM

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..

It's not weird, it's trust farming. The newbie is hoping to get positive feedback for repaying this loan, which will propel him on his way for an exit scam... Interestingly enough all his posts so far have been in lending or currency exchange. Not unlike another recently red-tagged would-be loan scammer.

Good afternoon, first of all, all the misunderstandings are ridiculous. I asked for a loan because I need it, but according to the rule, it is to have the guarantee and I offered it.

Now if they say why not change the doges to btc it is because the price of btc is not stable and I still have more doges

I don't care if I gain trust or not, I'm just doing things the right way.

If they are going to put me under surveillance, there is no problem, they can do it

It's more I like to help the community

PalermoMoon

newbie

Activity: 32

Merit: 0

Quote from: condoras on August 11, 2022, 02:09:53 PM

Quote from: DireWolfM14 on August 11, 2022, 01:49:22 PM

Quote from: RikandMorty1 on August 10, 2022, 07:53:54 AM

Quote from: LoyceMobile on August 10, 2022, 07:45:15 AM

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..

It's not weird, it's trust farming. The newbie is hoping to get positive feedback for repaying this loan, which will propel him on his way for an exit scam... Interestingly enough all his posts so far have been in lending or currency exchange. Not unlike another recently red-tagged would-be loan scammer.

Indeed, there is a possibility to be a case of trust farming. Still, the oldest members here know that this ain't going to happen from my side. At least so easily. Cool

EDIT: @PalermoMoon: Still waiting for your DOGE address to return the collateral...

DMC4REUMuWN3YKhmQVrpdWkpLLtdo9ZsBv

Thank you

Edit: repayment https://www.blockchain.com/btc/tx/be994d9ac064e80f0cb47addab5aab1241cb24e29f11178e4d9bfb1f5b94e2e6

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Yeah makes no sense to trust farm - especially once heat is on in the form of forum eyes.. So every attempt is kind of a win-win for abusers. Worst case, account tagged; move to next.

LoyceMobile

hero member

Activity: 1659

Merit: 687

LoyceV on the road. Or couch.

Trust farming is much easier in Collectibles than in lending.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: DireWolfM14 on August 11, 2022, 01:49:22 PM

Quote from: RikandMorty1 on August 10, 2022, 07:53:54 AM

Quote from: LoyceMobile on August 10, 2022, 07:45:15 AM

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..

It's not weird, it's trust farming. The newbie is hoping to get positive feedback for repaying this loan, which will propel him on his way for an exit scam... Interestingly enough all his posts so far have been in lending or currency exchange. Not unlike another recently red-tagged would-be loan scammer.

Indeed, there is a possibility to be a case of trust farming. Still, the oldest members here know that this ain't going to happen from my side. At least so easily. Cool

EDIT: @PalermoMoon: Still waiting for your DOGE address to return the collateral...

DireWolfM14

copper member

Activity: 2338

Merit: 4543

Join the world-leading crypto sportsbook NOW!

Quote from: RikandMorty1 on August 10, 2022, 07:53:54 AM

Quote from: LoyceMobile on August 10, 2022, 07:45:15 AM

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..

It's not weird, it's trust farming. The newbie is hoping to get positive feedback for repaying this loan, which will propel him on his way for an exit scam... Interestingly enough all his posts so far have been in lending or currency exchange. Not unlike another recently red-tagged would-be loan scammer.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: condoras on August 11, 2022, 09:55:52 AM

Quote from: PalermoMoon on August 11, 2022, 09:19:01 AM

Help me with the wallet to repay the loan

Repayment address sent by PM. I will confirm when I will get the BTC.

BTC received. Please, post your DOGE address to send you back the collateral.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: PalermoMoon on August 11, 2022, 09:19:01 AM

Quote from: condoras on August 10, 2022, 07:35:13 AM

Quote from: PalermoMoon on August 10, 2022, 07:16:29 AM

Quote from: condoras on August 10, 2022, 07:11:25 AM

Quote from: PalermoMoon on August 10, 2022, 06:59:13 AM

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4

Please post your BTC address to send you the funds.

bc1q5f8uj53kt6y666c4gc36n2k574skxmf69xejv6

Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

Help me with the wallet to repay the loan

Repayment address sent by PM. I will confirm when I will get the BTC.

PalermoMoon

newbie

Activity: 32

Merit: 0

Quote from: condoras on August 10, 2022, 07:35:13 AM

Quote from: PalermoMoon on August 10, 2022, 07:16:29 AM

Quote from: condoras on August 10, 2022, 07:11:25 AM

Quote from: PalermoMoon on August 10, 2022, 06:59:13 AM

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4

Please post your BTC address to send you the funds.

bc1q5f8uj53kt6y666c4gc36n2k574skxmf69xejv6

Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

Help me with the wallet to repay the loan

PalermoMoon

newbie

Activity: 32

Merit: 0

Excuse me, but that is what I can offer to lenders, each one has their own criteria and the important thing is that I comply with the rules to obtain a loan

Timelord2067

legendary

Activity: 3696

Merit: 2219

💲🏎️💨🚓

Quote from: condoras on August 10, 2022, 05:57:19 AM

I can cover it if Timelord2067 doesn't want to.

I went to bed after making the first post, so I missed doing the trade. I probably would have stipulated 48 hours from when the funds were provided,

Quote from: RikandMorty1 on August 10, 2022, 07:53:54 AM

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

The repayment amount would cover any nominal TX fees in this instance.

Quote

This whole thing is just weird..

It certainly is.

RikandMorty1

member

Activity: 85

Merit: 10

Quote from: LoyceMobile on August 10, 2022, 07:45:15 AM

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..

LoyceMobile

hero member

Activity: 1659

Merit: 687

LoyceV on the road. Or couch.

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

PalermoMoon

newbie

Activity: 32

Merit: 0

Quote from: condoras on August 10, 2022, 07:35:13 AM

Quote from: PalermoMoon on August 10, 2022, 07:16:29 AM

Quote from: condoras on August 10, 2022, 07:11:25 AM

Quote from: PalermoMoon on August 10, 2022, 06:59:13 AM

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4

Please post your BTC address to send you the funds.

bc1q5f8uj53kt6y666c4gc36n2k574skxmf69xejv6

Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

Thank you

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: PalermoMoon on August 10, 2022, 07:16:29 AM

Quote from: condoras on August 10, 2022, 07:11:25 AM

Quote from: PalermoMoon on August 10, 2022, 06:59:13 AM

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4

Please post your BTC address to send you the funds.

bc1q5f8uj53kt6y666c4gc36n2k574skxmf69xejv6

Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Nicely executed. Borrowers: this is how collateral is used (if you trust the lender to send first, as was the case here). I would encourage one stipulation re: how is collateral managed if its value drops below loan value, or perhaps increases substantially.

Hash of a comment I'm making, just not yet revealing .. ~~af65d29...~~ nevermind, I rest my case

Topic: Request loan 0.0015 btc (Read 446 times)