Bitcoin Forum

Hi, first of all I understand I do not have proper collateral but I am sure someone will be work out something here. (Will be using my account)
I am looking for a partner/invester to loan 0.8 BTC for an altcoin project. I can provide more details for anyone interested and can prove ownership of account.
Everything for the project is organized but funds.
Essentially I am working on the development of an altcoin and am looking for a loan/investor to provide 0.8 BTC which will be used in the altcoin creation progress and will be repayed 1.2 BTC.
As I mention it this account is extremely close to hitting hero and so should be worth a bit over 0.3 BTC but am unsure exact amount.

What collateral do you have that is worth .3 BTC? I may be able to fund a portion of the loan depending on the collateral.

He is speaking about his Bitcointalk account if I understood right

Yes, I believe that is worth roughly 0.3 BTC on the current market. I also believe I am close to hero which helps.

I don't personally think you would be able to get 1 BTC using just your account as collateral. If you had some amount of altcoin plus your account then I might be willing to help depending on how much you can offer and how long you would need to repay.

Yeah, I figured this may be the case for most people who provide loans which is why it is sort of an investment/partnership as well. I was hoping someone who is into altcoins  may be interested as the project is essentially developing and running a cryptocurrency with the use of funds to get it going pre-launch which should be easily repayable afterwards at a higher amount (We could probably agree in a stake of the currency or upto 2 BTC return or something of the likes) I just thought if anywhere this probably belonged here.
I hope this makes sense, if anyone needs any more details feel free to PM me.

Bump

I can give 0,3 Bitcoin loan with that collateral. When are you planning to repay?

If he does this, I can give you some additional bitcoin with the account as collateral.  That way you would be nearing the 1 BTC needed.  Other than altcoins, do you have any other collateral to offer?  Share holdings?  certain game accounts?

I would like to be doing about 1 month to give me some safety room but more likely 2-3 weeks.