Topic: Willing to Loan up to 2 BTC for those with collateral (Read 906 times)
I would like to make a request for 0.15 BTC to pay in 7 days.
How its possible to provide collateral to a thirdy part? I want means "how it works"...Who is this third party?
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What type of collateral do you have to offer? The way it works is that a third party (trusted member on this forum) will hold your collateral, I will give you the loan, and if you default on our terms, the third part will transfer the collateral to me. PM me if you want to discuss privately.
Remember to only provide collateral to a third party, as for this user may or may not run away with the collateral.
I would like to make a request for 0.15 BTC to pay in 7 days.
How its possible to provide collateral to a thirdy part? I want means "how it works"...Who is this third party?
Let it be known that I am willing to use a trusted escrow service.
While it's good that you require collateral, the problem is that you're a relatively new user. A common scheme that a lot of scammers will use now is to offer loans for collateral. Once the collateral is sent, the scammer disappears, never to be heard from again -- well, at least not on that throw-away account. My suggestion would be don't even bother with loans for now.
Obviously, by the way i responded, I don't expect to receive a premium in collateral to that of what I am lending. You guys post useless comments, in my opinion, to boost your post count and promote gambling websites that pay you .00001 btc/month . That's the true fraud.
You know, I don't mind people like you jumping in to give a courteously unsolicited "warning", but when you fail to THINK before posting, it makes me cringe. WHAT DOU YOU THINK THE BORROWER WILL DO IF I DECIDE TO KEEP HIS COLLATERAL?
Collateral is usually worth more than the amount that is borrowed so it can easily be sold. If someone gave you 50ltc as collateral (~1.4btc) for a 1btc loan, you could run with their ltc because they're worth more. Because you're a new member and not yet known to be trustworthy, it would be wise to escrow any collateral. [/quote]
Remember to only provide collateral to a third party, as for this user may or may not run away with the collateral.
You know, I don't mind people like you jumping in to give a courteously unsolicited "warning", but when you fail to THINK before posting, it makes me cringe. WHAT DOU YOU THINK THE BORROWER WILL DO IF I DECIDE TO KEEP HIS COLLATERAL? 
Remember to only provide collateral to a third party, as for this user may or may not run away with the collateral.
Please have collateral to offer. Be able to repay within 30 days.
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