Topic: Seeking 0.75 ETH with Collateral(New Offer Updated) (Read 396 times)
I will now close this offer since devs announce exchange listing on this coming Feb. 15,thanks all for the replies.
https://etherscan.io/token/0xeed9e27d154fe42d05887c85a44afb1cf2a310b6
No movement for over 3 months? Looks like a dead project to me. Value would be more like 0 than 50$.
My mistake
https://etherscan.io/token/0x8232875761b97a5242a4cffb94828dff5c101950
Looks like you could roughly sell 17k for around .75 eth on FD
This still stands:
A no collateral loan it is.
Your collateral is not worth anything. Most tokens tank 90% withing the first hours after listing. That would be 50$ collateral for a 200$ loan.
I told the price comes 10 times lower means 51$ when the borrower asked loan for 0.75 eth latter edited the post to take loan 200$. so collateral is 25% of the lending amount and also there is a chance not to be listed on any exchange. And in this case, we can call it a non-collateral loan.
Your collateral is not worth anything. Most tokens tank 90% withing the first hours after listing. That would be 50$ collateral for a 200$ loan.
bump.
may be he is here to sell the tokens.
It might be the more chances. If not, that's ok. Giving loan either taking this as collateral and non collateral almost the same for a lender.Looking at the address I see OP still has not managed to get the loan.
It is because almost all lender thinks before listing on a good exchange token has no value as there is a chance not to be listed and if listed they don't know how much that would be and also when that would be.If you read [EDU] The Rule of "No Collateral, No Loan" -----Updated Jan 26 2018----- then you would be able to know that the mentioned token cant be valid collateral.
may be he is here to sell the tokens.
It might be the more chances. If not, that's ok. Giving loan either taking this as collateral and non collateral almost the same for a lender.Looking at the address I see OP still has not managed to get the loan.
It is because almost all lender thinks before listing on a good exchange token has no value as there is a chance not to be listed and if listed they don't know how much that would be and also when that would be.If you read [EDU] The Rule of "No Collateral, No Loan" -----Updated Jan 26 2018----- then you would be able to know that the mentioned token cant be valid collateral.
legendary
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~snip~
Probably you have not seen which collateral OP has offered. The collateral op has offered which cant sell if loan default as it is still no on an exchange. And if it comes on exchange there is almost no chance to recover amount as nowadays maximum ICO while coming on an exchange the price on the exchange is about 10 times less of ICO price.
I think I got your point however I am not entirely sure about OPs intention. May be OP really has the intention to pay back the money or may be he is here to sell the tokens.Probably you have not seen which collateral OP has offered. The collateral op has offered which cant sell if loan default as it is still no on an exchange. And if it comes on exchange there is almost no chance to recover amount as nowadays maximum ICO while coming on an exchange the price on the exchange is about 10 times less of ICO price.
Looking at the address I see OP still has not managed to get the loan.
Good to see a loan asked with collateral. Good luck mate to be filled.
Probably you have not seen which collateral OP has offered. The collateral op has offered which cant sell if loan default as it is still no on an exchange. And if it comes on exchange there is almost no chance to recover amount as nowadays maximum ICO while coming on an exchange the price on the exchange is about 10 times less of ICO price.
Bump.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
Tokens which are unlisted are generally not accepted as collateral by any sane lender out here. You best bet would be to wait till they get listed and then sell them at the brink to get as much ETH as possible out of it if you are in dire need of the money. Its generally the top 10 altcoins which are accepted as valid collateral.
But good luck on getting filled.
You are right mate, Im just trying whoever wants to help me, thanks for your insight. Bump for now. But good luck on getting filled.
Tokens which are unlisted are generally not accepted as collateral by any sane lender out here. You best bet would be to wait till they get listed and then sell them at the brink to get as much ETH as possible out of it if you are in dire need of the money. Its generally the top 10 altcoins which are accepted as valid collateral.
But good luck on getting filled.
You are right mate, Im just trying whoever wants to help me, thanks for your insight. Bump for now. But good luck on getting filled.
Tokens which are unlisted are generally not accepted as collateral by any sane lender out here. You best bet would be to wait till they get listed and then sell them at the brink to get as much ETH as possible out of it if you are in dire need of the money. Its generally the top 10 altcoins which are accepted as valid collateral.
But good luck on getting filled.
But good luck on getting filled.
SOLD!!!
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