Bitcoin Forum

Economy => Lending => Topic started by: trump.btc on September 23, 2015, 06:21:44 PM



Title: need 0.17btc
Post by: trump.btc on September 23, 2015, 06:21:44 PM
need 0.17btc, 1 week. your rate?
collateral my amazon acc with $50 balance

http://imgur.com/KfG8cVU


Title: Re: need 0.17btc
Post by: grtthegreat on September 23, 2015, 06:23:47 PM
need 0.17btc, 1 week. your rate?
collateral my amazon acc with $50 balance

http://imgur.com/KfG8cVU

Your collateral amount is above the loan principal. But someone confirm if Amazon Gift Card can be considered as a valid collateral.


Title: Re: need 0.17btc
Post by: trump.btc on September 23, 2015, 06:29:24 PM
account with balance, but NO amazon gift card. i have not code


Title: Re: need 0.17btc
Post by: Brewins on September 23, 2015, 06:31:41 PM
Isn't it same account that you are selling here
https://bitcointalk.org/index.php?topic=1188203.0

there is risk for lender, because you might not comeback and repay loan when you want to sell this
P.S. amazon accounts are not valid collateral


Title: Re: need 0.17btc
Post by: zazarb on September 23, 2015, 06:32:18 PM
I do not think that you have plan to return loan, just sell your amazon account
https://bitcointalk.org/index.php?topic=1188203.msg12500580#msg12500580 (https://bitcointalk.org/index.php?topic=1188203.msg12500580#msg12500580)


Title: Re: need 0.17btc
Post by: trump.btc on September 23, 2015, 06:37:09 PM
why?  i need loan , but i also can sell. if you want? ;)


Title: Re: need 0.17btc
Post by: zazarb on September 23, 2015, 07:01:13 PM
why?  i need loan , but i also can sell. if you want? ;)
you trying sell this account for around 0.11btc, but want loan 0.17btc or do you think it is valid collateral?


Title: Re: need 0.17btc
Post by: lolxxxx on September 23, 2015, 07:02:15 PM
why?  i need loan , but i also can sell. if you want? ;)
you trying sell this account for around 0.11btc, but want loan 0.17btc or do you think it is valid collateral?

I think that he mean he,ll sell his Amazon account ..


Title: Re: need 0.17btc
Post by: trump.btc on September 23, 2015, 07:04:33 PM
why?  i need loan , but i also can sell. if you want? ;)
you trying sell this account for around 0.11btc, but want loan 0.17btc or do you think it is valid collateral?

its valid, I did not write the price 0.11btc


Title: Re: need 0.17btc
Post by: grtthegreat on September 23, 2015, 07:05:47 PM
need 0.17btc, 1 week. your rate?
collateral my amazon acc with $50 balance

http://imgur.com/KfG8cVU

I can think of providing this loan if the principal amount is reduced to 0.13 BTC.


Title: Re: need 0.17btc
Post by: trump.btc on September 23, 2015, 07:11:13 PM
how much repayment? want escrow


Title: Re: need 0.17btc
Post by: grtthegreat on September 23, 2015, 07:13:23 PM
how much repayment? want escrow

Repayment amount will be 0.15 BTC. Escrow is always welcome. We can contact monbux for this...


Title: Re: need 0.17btc
Post by: --Encrypted-- on September 23, 2015, 07:17:46 PM
warning. the collateral is not valid.

OP can just claim that his account was hacked and he'll get it back. also he can reverse the funds if he used his credit card.


Title: Re: need 0.17btc
Post by: grtthegreat on September 23, 2015, 07:21:54 PM
warning. the collateral is not valid.

OP can just claim that his account was hacked and he'll get it back. also he can reverse the funds if he used his credit card.

OP, any explanations for this? I need surety before I do this loan.


Title: Re: need 0.17btc
Post by: trump.btc on September 23, 2015, 08:01:07 PM
accept escrow


Title: Re: need 0.17btc
Post by: whywefight on September 23, 2015, 10:32:44 PM
Things you need to know:

[EDU] The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK! (https://bitcointalk.org/index.php?topic=577765.0)
How to sign a message (https://bitcointalk.org/index.php?topic=990345.0)
Bitcointalk Escrows (https://bitcointalk.org/index.php?topic=855778.0)


Title: Re: need 0.17btc
Post by: nydiacaskey01 on September 24, 2015, 04:38:30 AM
I think the collateral you are offering falls under the 7th bullet point

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 (https://bitcointalk.org/index.php?board=93.0) 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)  Examples:  Steam
 


Title: Re: need 0.17btc
Post by: trump.btc on September 24, 2015, 04:47:09 AM
i hav only amazon acc as collateral


Title: Re: need 0.17btc
Post by: jonald_fyookball on September 24, 2015, 05:27:55 AM
it's not a good collateral but possible only if you trust the user.


Title: Re: need 0.17btc
Post by: trump.btc on September 24, 2015, 05:38:39 AM
bad :( :( i'm sorry, dont know it


Title: Re: need 0.17btc
Post by: lemipawa on September 24, 2015, 05:44:44 AM
bad :( :( i'm sorry, dont know it

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https://bitcointalk.org/index.php?topic=577765.0