Bitcoin Forum

Economy => Lending => Topic started by: hashmaster1 on August 23, 2015, 09:28:15 PM



Title: I need a loan .35 btc
Post by: hashmaster1 on August 23, 2015, 09:28:15 PM
 I need a loan of .35 if you can help me  would b great gladly pay interest...


Title: Re: I need a loan .35 btc
Post by: ColderThanIce on August 23, 2015, 09:36:50 PM
Any kind of collateral? People won't loan you without collateral, or a repayment date, or the interest percentage, etc. Plus you have no previous trades here, so some sort collateral would be a good idea for this loan. Also, keep in mind your account isn't worth 0.35 BTC, so if you plan to use that as collateral, expect to only receive a maximum loan of ~ 0.15 BTC or so.


Title: Re: I need a loan .35 btc
Post by: hashmaster1 on August 23, 2015, 09:43:55 PM
Yes i have gsy 4500   and i have 52000 tennet  orange coin 5000.  yovi 23689 and my account  plus 23500 ams coins


Title: Re: I need a loan .35 btc
Post by: ColderThanIce on August 23, 2015, 10:04:10 PM
Yes i have gsy 4500   and i have 52000 tennet  orange coin 5000.  yovi 23689 and my account  plus 23500 ams coins
I did some quick calculations and those coins are worth more than your loan request amount. Try asking in this thread (https://bitcointalk.org/index.php?topic=812533.0) and maybe Quickseller will loan you, since he accepts stable altcoins as collateral. (however, I'm not sure how stable all of those alts are)


Title: Re: I need a loan .35 btc
Post by: Sumerian on August 23, 2015, 10:14:00 PM
Yes i have gsy 4500   and i have 52000 tennet  orange coin 5000.  yovi 23689 and my account  plus 23500 ams coins
I did some quick calculations and those coins are worth more than your loan request amount. Try asking in this thread (https://bitcointalk.org/index.php?topic=812533.0) and maybe Quickseller will loan you, since he accepts stable altcoins as collateral. (however, I'm not sure how stable all of those alts are)

Trading these altcoins for btc would be quicker and more reliable for him lol. Requesting a loan isnt necessary


Title: Re: I need a loan .35 btc
Post by: whywefight on August 23, 2015, 10:19:31 PM
Yes i have gsy 4500   and i have 52000 tennet  orange coin 5000.  yovi 23689 and my account  plus 23500 ams coins
I did some quick calculations and those coins are worth more than your loan request amount. Try asking in this thread (https://bitcointalk.org/index.php?topic=812533.0) and maybe Quickseller will loan you, since he accepts stable altcoins as collateral. (however, I'm not sure how stable all of those alts are)

Trading these altcoins for btc would be quicker and more reliable for him lol. Requesting a loan isnt necessary

it may be he doesnt want to exchange them.

i would grant the loan, but my funds are too low


Title: Re: I need a loan .35 btc
Post by: Quickseller on August 23, 2015, 11:56:40 PM
Yes i have gsy 4500   and i have 52000 tennet  orange coin 5000.  yovi 23689 and my account  plus 23500 ams coins
The 24 hour volume for ams is ~$27
The 24 hour volume for yovi is .01 and there do not appear to be any bids currently
The 24 hour volume for the orange coin is ~18BTC, however the current bid is 0.00000570BTC, which puts it's value at ~0.0285BTC
The 24 hour volume for the tennet is ~.09BTC, however the current bid is 0.00000079BTC, which puts it's value at ~0.041BTC
The 24 hour volume for gsy is ~0.57BTC, however the current bid is 0.00002603BTC, which puts it's value at ~.117BTC

If I were to be able to sell all of those at the current bid (which is unlikely), then the total liquidation value would be roughly 0.1865BTC. I am no longer accepting accounts as collateral, however, I would generally assign a value of .1BTC to a senior level account with neutral trust and a signed message to confirm ownership, which would bring the total liquidation value of your collateral to roughly .217BTC

Accepting the tennet and the gsy is risky because of the low trading volume and the fact that they only trade on an exchange that I am unfamiliar with. The orange coin does have sufficient trading volume to accept a moderate amount as collateral though, so if you would come up with a larger amount of orange coins then I could help you.


Title: Re: I need a loan .35 btc
Post by: hashmaster1 on August 24, 2015, 08:54:55 PM
Thanks for all the information and yes i did not want to sell my coin that why i wanted to get loan.............................


Title: Re: I need a loan .35 btc
Post by: Quickseller on August 24, 2015, 09:04:26 PM
Thanks for all the information and yes i did not want to sell my coin that why i wanted to get loan.............................
What timeframe of a loan are you looking for (e.g. when would you repay your loan), and what interest rate would you be willing to offer?


Title: Re: I need a loan .35 btc
Post by: hashmaster1 on August 25, 2015, 12:21:00 AM
I need a loan for 14 days  at the most probably pay sooner il pay back  .05 btc for the loan  plus the . 35  altogether  .40btc  


Title: Re: I need a loan .35 btc
Post by: FrozenOne on August 25, 2015, 03:42:46 PM
I need a loan for 14 days  at the most probably pay sooner il pay back  .10 btc for the loan  plus the . 35  altogether  .45btc 

I'll fill this loan for proper collateral. As of now you offer nothing that I can see as proper collateral. You got anything else? If not, then you're likely fucked.