Loan Amount:1 BTC
Reason for Taking out a Loan: buying gift
Amount to be repaid: 1.03
Repayment Date: 3 weeks
Type of Collateral: 2600 IOP value 1.61 BTC Trading on Bittrex
Bitcoin Address: 1HQpNV4S3AjnbxWpqeBVh3DRWvsTbci7gS
Coins pumped very much in recently, and already going down, max I can grant 0.8
BTC for this amount of collateral, with 110% liquidating rule.
also interest should be at least 8%
yes i understand but if it drops to 110% collateral i am here to pay back or additional collateral. the collateral i have can be easily sold if need be if it reaches to that point. can we agree on 1.06 repayment
ok, but keep in mind that 110% for principle amount +interest, so you will add additional collateral or full repaid, if collateral value drops below 1.18
BTCaddress to send collateral (bittrex)
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pUUTkFJGBbDbjdgv2FbNB5AygqnLKxc7nL
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can we agree on 1.06btc whether i pay back early or not. another option is i can accept 1.08 as repayment if allowed to pay early with daily interest and the amount i pay back is calculated on how many days after i have repaid.
yep, 6% or 0.381%/per day
is this the collateral address
pUUTkFJGBbDbjdgv2FbNB5AygqnLKxc7nL
just to confirm
correct, to be sure, first you can send small amount for test purpose.
sent 0.80 coins
I see incoming transaction(unconfirmed) so do not hesitate to send rest.
after I get 6 confirmation, I will send
BTCsent remaining
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
This is zazarb from bitcointalk.org, Today is 21th. Sept 2017
I will fund a loan in the amount of 1 BTC to DigitalCurrencyinvestors (u=816558)
Loan Amount:1 BTC
Reason for Taking out a Loan: buying gift
Amount to be repaid: 1.06 or if repayment will earlay 0.381%/per day
Repayment Date: 3 weeks
Type of Collateral: 2600 IOP value 1.61 BTC Trading on Bittrex
Bitcoin Address: 1HQpNV4S3AjnbxWpqeBVh3DRWvsTbci7gS
The terms of the loan:
In the event that the value of the collateral falls below 110% of the principle +interest ,then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral)
In the case that I am not able to sell the collateral for an amount enough to cover the principle plus interest then DigitalCurrencyinvestors would owe me the difference.
Collateral secured
Amount sent via
Txid: 348ef239f0b46e9ad84ec29e053de45aadc4dc8fad1ecccf36cdb96717dd864b
Txid: 8bb5e72e7b77e5d79859a72b9ff9951c499235a6f5e8c4eaa86b7ef9dedbdec6
Repayment address: 1P3JdLpQ3fRFUc7A7V6Kr6FG228suXYPLy or will provide other with sign message later.
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still need?
