Author

Topic: Request loan 0.0015 btc (Read 453 times)

legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
September 03, 2022, 12:59:14 PM
#34
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:

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.

No problem , send me wallet
copper member
Activity: 2422
Merit: 1313
Playbet.io - Crypto Casino and Sportsbook
September 03, 2022, 04:43:13 AM
#33
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.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
August 12, 2022, 05:23:20 AM
#32
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.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
newbie
Activity: 32
Merit: 0
August 11, 2022, 04:31:38 PM
#30
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
newbie
Activity: 32
Merit: 0
August 11, 2022, 04:09:33 PM
#29
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
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
August 11, 2022, 04:03:43 PM
#28
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.
hero member
Activity: 1659
Merit: 687
LoyceV on the road. Or couch.
August 11, 2022, 03:59:35 PM
#27
Trust farming is much easier in Collectibles than in lending.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 11, 2022, 02:09:53 PM
#26
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...
copper member
Activity: 2338
Merit: 4543
Join the world-leading crypto sportsbook NOW!
August 11, 2022, 01:49:22 PM
#25
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.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 11, 2022, 10:17:22 AM
#24
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.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 11, 2022, 09:55:52 AM
#23

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.
newbie
Activity: 32
Merit: 0
August 11, 2022, 09:19:01 AM
#22

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
newbie
Activity: 32
Merit: 0
August 10, 2022, 01:18:11 PM
#21
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
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
August 10, 2022, 12:27:08 PM
#20
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,

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.
member
Activity: 85
Merit: 10
August 10, 2022, 07:53:54 AM
#19
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..
hero member
Activity: 1659
Merit: 687
LoyceV on the road. Or couch.
August 10, 2022, 07:45:15 AM
#18
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.
newbie
Activity: 32
Merit: 0
August 10, 2022, 07:40:22 AM
#17

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
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 10, 2022, 07:35:13 AM
#16

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.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
August 10, 2022, 07:22:52 AM
#15
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

legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
newbie
Activity: 32
Merit: 0
August 10, 2022, 06:59:13 AM
#12
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address

DOGE address: D5WPKHNroxJUXHmGYUrkjBxeEFrWAsHSHy
After I confirm that I receive them, I will send you 0.0015BTC.

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 10, 2022, 06:51:09 AM
#11
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address

DOGE address: D5WPKHNroxJUXHmGYUrkjBxeEFrWAsHSHy
After I confirm that I receive them, I will send you 0.0015BTC.
newbie
Activity: 32
Merit: 0
August 10, 2022, 06:34:53 AM
#10
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 10, 2022, 06:30:28 AM
#9
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.
newbie
Activity: 32
Merit: 0
August 10, 2022, 06:27:21 AM
#8
@condoras or @Timelord2067 help with the loan

Send me DOGE wallet
newbie
Activity: 32
Merit: 0
August 10, 2022, 06:08:49 AM
#7
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 10, 2022, 06:04:13 AM
#6
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.
newbie
Activity: 32
Merit: 0
August 10, 2022, 05:58:12 AM
#5
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
August 10, 2022, 05:57:19 AM
#4
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.
newbie
Activity: 32
Merit: 0
August 10, 2022, 05:13:56 AM
#3
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.

No problem , send me wallet
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
August 10, 2022, 02:31:39 AM
#2
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

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.
newbie
Activity: 32
Merit: 0
August 09, 2022, 09:28:11 PM
#1
Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5
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