Bitcoin Forum

hello bitcoiners...!!
I need 0.1BTC  can you give me? I repay you 0.11 for 5 days.

my Collateral is :
-Paypal account with credit card

-Perfect money account with 1$ balance

-coinbase account with registered information

-paidverts PTC account with 65k BAP.

please choose 1 Collateral do you need.

I hope you read and give me some bitcoin

thank you..

What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).  Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.  Try localbitcoins.com

What is not considered collateral?

- Items not in hand.  Don't trust a user that promises to give you something *when* they default!  Tracking numbers only show something has been mailed - it could be an empty box.
- Future income.  You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification.  So what if they can prove who they are.  Are you going to spend more money and time taking them to court on untested legal grounds?  You'll probably just walk away, like everyone does.  ID is useless.
- Games codes or similar.  To verify the collateral you need to use the code, which destroys the collateral.  Consider this a purchase, not a loan.  (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time.  Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account)

yes , I have a paypal with credit card and bank account . You can take 110 % of my credit card to paypal balance then you transfer to your paypal account . :)

what would stop you from disputing the transaction? When you dispute it then the lender will end up with nothing.

yes , I have a paypal with credit card and bank account . You can take 110 % of my credit card to paypal balance then you transfer to your paypal account . :)

sorry besides that I do not have a payment or goods online again. :-[

sorry besides that I do not have a payment or goods online again. :-[

If you dont have any other kind of collateral then you might as well lock the topic with the lock topic on the bottom left.

I get asked about once every two months for a loan of about $10 from a girl at work. She's a coworker and I don't consider her a friend. None of us are your friends. Why don't you find a friend to borrow this money from. Don't you have any friends? Don't you have any family?