Wanted, 10 to 200 BTC loan at 1% per week, ~3 weeks (breakable) - page 2.

usagi

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Quote from: ciuciu on July 05, 2013, 11:46:32 AM

Is it because you lost 100 on just-dice this morning?

ciuciu:
Lol no, I posted why I wanted the BTC. Second to that, I didn't lose 100 on just-dice, and third, I was looking for this since yesterday (ask Graet). I remember you lent me BTC last time on the CPA liquidity loan, which I repaid to you on time IIRC. Would you like to lend me again? Thanks.

Deprived:
Sure, whatever. But for the purposes of this forum it's best and easiest to describe it as someone lending me 100 BTC for a couple weeks. You game?

bitnubbio:
if you would like to propose alternate terms, you're free to do so. Please keep in mind that 1% a week is about double what you will find anywhere else (i.e. LTC-ATF.B1, even if you can get it at face value, only pays 0.6% a week. And you can't get it at face value in any reasonable quantity).

bitnubbio

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just 1% a week?

Deprived

hero member

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Quote from: usagi on July 05, 2013, 11:32:44 AM

Hi! i'm willing to take smaller amounts from multiple individuals until I get 200 BTC provided you can loan at least 10 BTC.

I had a 500 BTC loan here before which was paid back, I have a good OTC rating, and 2 of 2 loans fully repaid on btcjam. References upon request.

The loan will be secured out of my personal btc assets which are worth about 100 BTC, and my paycheque, however what I am doing is very low risk (i want to buy BTC and want to lock in today's rate) so it's not going to be an issue.

PM or post here!

You can send to my firstbits (1usagi8WQJvnCoyV21XSZyUHhC6MzfksW) and sign a PM with what you sent me, or we can discuss alternate terms here or in PM first.

You may want to clarify this as it makes no sense at present.

If you borrow BTC you CAN'T buy BTC - as you already have BTC. Borrowing to lock in a rate only makes sense in two circumstances:

A. The loan is denominated in USD.
B. You intend to SHORT BTC (which means SELLING not BUYING).

To go long on BTC you have to borrow USD (or BTC with repayment pegged to USD - so the loan is denominated in USD just transacted in BTC). So either you mistakenly said "BUY" when you meant "SELL" or you meant the loan to be denominated in USD but failed to say so.

ciuciu

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Activity: 588

Merit: 500

Quote from: usagi on July 05, 2013, 11:32:44 AM

Hi! i'm willing to take smaller amounts from multiple individuals until I get 200 BTC provided you can loan at least 10 BTC.

I had a 500 BTC loan here before which was paid back, I have a good OTC rating, and 2 of 2 loans fully repaid on btcjam. References upon request.

The loan will be secured out of my personal btc assets which are worth about 100 BTC, and my paycheque, however what I am doing is very low risk (i want to buy BTC and want to lock in today's rate) so it's not going to be an issue.

PM or post here!

You can send to my firstbits (1usagi8WQJvnCoyV21XSZyUHhC6MzfksW) and sign a PM with what you sent me, or we can discuss alternate terms here or in PM first.

Is it because you lost 100 on just-dice this morning?

usagi

vip

Activity: 812

Merit: 1000

13

Hi! i'm willing to take smaller amounts from multiple individuals until I get 200 BTC provided you can loan at least 10 BTC.

I had a 500 BTC loan here before which was paid back, I have a good OTC rating, and 2 of 2 loans fully repaid on btcjam. References upon request.

The loan will be secured out of my personal btc assets which are worth about 100 BTC, and my paycheque, however what I am doing is very low risk (i want to buy BTC and want to lock in today's rate) so it's not going to be an issue.

PM or post here!

You can send to my firstbits (1usagi8WQJvnCoyV21XSZyUHhC6MzfksW) and sign a PM with what you sent me, or we can discuss alternate terms here or in PM first.

Topic: Wanted, 10 to 200 BTC loan at 1% per week, ~3 weeks (breakable) - page 2. (Read 1627 times)