Requesting 0.1161 BTC loan. With collateral

Zaizoun

sr. member

Activity: 358

Merit: 250

Quote from: BitTrader1000 on September 14, 2017, 09:08:36 AM

Quote from: Zaizoun on September 14, 2017, 04:22:48 AM

Quote from: BitTrader1000 on September 13, 2017, 10:37:18 PM

Quote from: xypos on September 13, 2017, 08:40:34 PM

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

I read most of the recent loan requests here and most people either offer their accounts and altcoins as collateral. My account obviously isn't worth a penny and if I had any altcoins I would have traded them for BTC already Tongue

(I still dont know why people offer alts if they can just trade them for whatever they need)
Unfortunately with the amount of fraud in these parts all lenders must be extremely cautious and I understand that.

Thanks for your time, though.

I can fill this loan if you can increase the %

I can pay back 0.132 BTC

Ok , pm me please

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: Zaizoun on September 14, 2017, 04:22:48 AM

Quote from: BitTrader1000 on September 13, 2017, 10:37:18 PM

Quote from: xypos on September 13, 2017, 08:40:34 PM

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

I read most of the recent loan requests here and most people either offer their accounts and altcoins as collateral. My account obviously isn't worth a penny and if I had any altcoins I would have traded them for BTC already Tongue

(I still dont know why people offer alts if they can just trade them for whatever they need)
Unfortunately with the amount of fraud in these parts all lenders must be extremely cautious and I understand that.

Thanks for your time, though.

I can fill this loan if you can increase the %

I can pay back 0.132 BTC

Zaizoun

sr. member

Activity: 358

Merit: 250

Quote from: BitTrader1000 on September 13, 2017, 10:37:18 PM

Quote from: xypos on September 13, 2017, 08:40:34 PM

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

I read most of the recent loan requests here and most people either offer their accounts and altcoins as collateral. My account obviously isn't worth a penny and if I had any altcoins I would have traded them for BTC already Tongue

(I still dont know why people offer alts if they can just trade them for whatever they need)
Unfortunately with the amount of fraud in these parts all lenders must be extremely cautious and I understand that.

Thanks for your time, though.

I can fill this loan if you can increase the %

xypos

sr. member

Activity: 532

Merit: 250

Quote from: BitTrader1000 on September 13, 2017, 10:37:18 PM

Quote from: xypos on September 13, 2017, 08:40:34 PM

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

I read most of the recent loan requests here and most people either offer their accounts and altcoins as collateral. My account obviously isn't worth a penny and if I had any altcoins I would have traded them for BTC already Tongue

(I still dont know why people offer alts if they can just trade them for whatever they need)
Unfortunately with the amount of fraud in these parts all lenders must be extremely cautious and I understand that.

Thanks for your time, though.

People use altcoin as collateral because they see that the price of these altcoins are going to go up significantly over the loan term. Therefore selling the altcoin would be unwise as they would be losing out on potential profits. By using it as collateral they are able to get more altcoin that they believe is going to go up, and it's worth the interest.

Anyways, unless you have any other collateral than a domain then i am not able to help you Sad

There may be domain dealers able to do this loan for you, i'm not experienced with domain selling/buying at all and that's the main reason i'm not comfortable with filling this. Nothing personal

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: xypos on September 13, 2017, 08:40:34 PM

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

I read most of the recent loan requests here and most people either offer their accounts and altcoins as collateral. My account obviously isn't worth a penny and if I had any altcoins I would have traded them for BTC already Tongue

(I still dont know why people offer alts if they can just trade them for whatever they need)
Unfortunately with the amount of fraud in these parts all lenders must be extremely cautious and I understand that.

Thanks for your time, though.

xypos

sr. member

Activity: 532

Merit: 250

You seem like a legit guy, but domain names seem to be able to be social engineered back to the sender or it could be even stolen. Though the chances are low there it can't be ignored, especially if dealing with a big amounts like this.

Plus, domain names aren't very liquid. Appraisals are only appraisals.

If you can offer anything else than this domain name, then i can definitely fill this for ya.

BitTrader1000

full member

Activity: 224

Merit: 102

Still need this request filled

BitTrader1000

full member

Activity: 224

Merit: 102

Still need this loan

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: ThatRandom8543 on September 10, 2017, 05:29:10 PM

Quote from: BitTrader1000 on September 10, 2017, 03:01:39 PM

It will sell easily on marketplaces like flippa or sedo. Or set up a landing page and wait for a buyer, but it will go fast in the form of an auction

You have to remember not everyone wants to wait. People would want collateral that can be liquidated easily. Also, people would want to keep in mind that there have been cases where people would try to defraud icann or the domain registrar and get the domain back. Its always best to use an escrow, and when dealing with a domain, have some form of written agreement and proof of ownership (simply just transferring isnt enough to prove ownership in most cases). Rare, but it still happens, but if things do check out, the domain *could* be worth that much, but if OP default, dont expect to get the ROI right away unless you know someone who would be interested in buying it.

Quote from: bitcoinfuck on September 10, 2017, 04:42:12 PM

i am happy to to give you loan, but need that domain transferred to my account

I would highly suggest using an escrow and not having it transferred directly to you.

You are right. I have no intention on defaulting but if that does happen, I would want to do anything I can to ensure the domain is secured by the new owner. I will gladly complete any written agreement or document, and the domain will be held by a secure escrow while the loan is in progress.

ThatRandom8543

sr. member

Activity: 1344

Merit: 307

Quote from: BitTrader1000 on September 10, 2017, 03:01:39 PM

It will sell easily on marketplaces like flippa or sedo. Or set up a landing page and wait for a buyer, but it will go fast in the form of an auction

You have to remember not everyone wants to wait. People would want collateral that can be liquidated easily. Also, people would want to keep in mind that there have been cases where people would try to defraud icann or the domain registrar and get the domain back. Its always best to use an escrow, and when dealing with a domain, have some form of written agreement and proof of ownership (simply just transferring isnt enough to prove ownership in most cases). Rare, but it still happens, but if things do check out, the domain *could* be worth that much, but if OP default, dont expect to get the ROI right away unless you know someone who would be interested in buying it.

Quote from: bitcoinfuck on September 10, 2017, 04:42:12 PM

i am happy to to give you loan, but need that domain transferred to my account

I would highly suggest using an escrow and not having it transferred directly to you.

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: bitcoinfuck on September 10, 2017, 04:42:12 PM

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

i am happy to to give you loan, but need that domain transferred to my account

The domain will be held by a trusted middleman/escrow until repayment.

bitcoinfuck

full member

Activity: 634

Merit: 106

Europe Belongs To Christians

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

i am happy to to give you loan, but need that domain transferred to my account

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: josephdd1 on September 10, 2017, 02:35:06 PM

Quote from: BitTrader1000 on September 10, 2017, 01:35:02 PM

Quote from: Joel_Jantsen on September 10, 2017, 01:33:17 PM

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

Domain is nice and worth the value as you have said but I'll give you a reason which lenders would hesitate taking it as a collateral.Domain names can be easily acquired back by changing details.How would you guarantee you wouldn't take the domain back if failure to pay the loan ? Are you going to transfer the domain ownership for collateral ?

Yes I was planning to fully transfer the domain to either an escrow or directly to the lender (If they are reputable) on their registrar of choice.

Sorry that i'm asking this but i really don't know.
In the case that you default (not that you will but as a possibility),where can the lender sell this domain of yours?
Domains are not coins or something that can easily sell it,without having to much knowledge where/how to do it.

It will sell easily on marketplaces like flippa or sedo. Or set up a landing page and wait for a buyer, but it will go fast in the form of an auction

josephdd1

hero member

Activity: 1358

Merit: 513

Quote from: BitTrader1000 on September 10, 2017, 01:35:02 PM

Quote from: Joel_Jantsen on September 10, 2017, 01:33:17 PM

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

Domain is nice and worth the value as you have said but I'll give you a reason which lenders would hesitate taking it as a collateral.Domain names can be easily acquired back by changing details.How would you guarantee you wouldn't take the domain back if failure to pay the loan ? Are you going to transfer the domain ownership for collateral ?

Yes I was planning to fully transfer the domain to either an escrow or directly to the lender (If they are reputable) on their registrar of choice.

Sorry that i'm asking this but i really don't know.
In the case that you default (not that you will but as a possibility),where can the lender sell this domain of yours?
Domains are not coins or something that can easily sell it,without having to much knowledge where/how to do it.

BitTrader1000

full member

Activity: 224

Merit: 102

Quote from: Joel_Jantsen on September 10, 2017, 01:33:17 PM

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

Domain is nice and worth the value as you have said but I'll give you a reason which lenders would hesitate taking it as a collateral.Domain names can be easily acquired back by changing details.How would you guarantee you wouldn't take the domain back if failure to pay the loan ? Are you going to transfer the domain ownership for collateral ?

Yes I was planning to fully transfer the domain to either an escrow or directly to the lender (If they are reputable) on their registrar of choice.

Joel_Jantsen

legendary

Activity: 1988

Merit: 1317

Get your game girl

Quote from: BitTrader1000 on September 10, 2017, 12:46:21 PM

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

Domain is nice and worth the value as you have said but I'll give you a reason which lenders would hesitate taking it as a collateral.Domain names can be easily acquired back by changing details.How would you guarantee you wouldn't take the domain back if failure to pay the loan ? Are you going to transfer the domain ownership for collateral ?

BitTrader1000

full member

Activity: 224

Merit: 102

Loan Amount: 0.1161 BTC
Reason for Taking out a Loan: Purchase a new domain name which is secured by park.io and general improvements/advertisement for my website bitcoinfaucet.ca
Amount to be repaid:0.1233 BTC
Repayment Date:09/15/2017
Type of Collateral: Domain java.io (valued at $900-$1000 java.in sold for $1050 and java.asia sold for $2600)
Bitcoin Address: 1JipfAtLFRCfgQsTfptdDsvYRMjQ7BoiXf

Topic: Requesting 0.1161 BTC loan. With collateral (Read 811 times)