Bitcoin Forum

Economy => Lending => Topic started by: butcherboss on November 15, 2015, 09:40:54 AM



Title: Need Small Loan (Have Collateral)
Post by: butcherboss on November 15, 2015, 09:40:54 AM
I need a 0.02 BTC Loan
As Collateral I am ready to give 27.5 DigiCube Coin (Worth 0.022 BTC)
We may use escrow.
Need loan for 2 weeks.

And one more thing, if you decide to provide this loan then I will send the coins (CUBE) to escrows wallet then he could encrypt that wallet and unlock it for minting and give it to me. This is for PoS staking the coin. My pc stays on for almost the whole day, so if you unlock for minting and give it to me then I could simply keep the wallet on and stake the coins, if by any chance I do not repay then you can simply withdraw more than the amount I had provided because of the staking. Or if this is too much trouble than could the escrow give me the whole wallet when I pay the BTC back instead of sending me the Coins?



Title: Re: Need Small Loan (Have Collateral)
Post by: xinzark on November 15, 2015, 10:01:02 AM
Provide any stable collateral and enough to cover the loss if scam happened
27.5 DigiCube coin is not enough. According to c-cex we will only get 0.01993750 btc if we sell them

Provide somewhere around 35 and I will be able to fund this


Title: Re: Need Small Loan (Have Collateral)
Post by: josephdd on November 15, 2015, 10:51:58 AM
Its not valid collateral dude, which price can change whenever


Title: Re: Need Small Loan (Have Collateral)
Post by: Hexcoin on November 15, 2015, 10:58:19 AM
may i know how old is that coin currently or its just another shitcoin? if that coin have stable market price i am willing to give you the loan however if the price of that coins falls in a certain price even in few days after the loan i will ask the escrow to sell it to cover atleast the amount of the loan


Title: Re: Need Small Loan (Have Collateral)
Post by: digimax on November 15, 2015, 11:40:09 AM
It looks like quite a new coin. It has stats since end of October.

Do you mine it or just part of its team?


Title: Re: Need Small Loan (Have Collateral)
Post by: butcherboss on November 15, 2015, 12:00:46 PM
It looks like quite a new coin. It has stats since end of October.

Do you mine it or just part of its team?

I mined it. Not part of the team.

may i know how old is that coin currently or its just another shitcoin? if that coin have stable market price i am willing to give you the loan however if the price of that coins falls in a certain price even in few days after the loan i will ask the escrow to sell it to cover atleast the amount of the loan

Not a shitcoin. It has a very stable market. Price ranges from 0.0008 to 0.0012 BTC. I have taken the lower value. If the price falls during the loan period then I would request you not to sell it off but just tell me so I can provide more because I want those cubes back.

Provide any stable collateral and enough to cover the loss if scam happened
27.5 DigiCube coin is not enough. According to c-cex we will only get 0.01993750 btc if we sell them

Provide somewhere around 35 and I will be able to fund this

If no one else is ready to give then I will take your offer and give 32.5 DigiCubes as collateral.



Title: Re: Need Small Loan (Have Collateral)
Post by: Decoded on November 16, 2015, 04:38:44 AM
I might be able to fund your loan. Please apply on my loan thread, and state what kind of interest you are looking at.

What are you going to use the coins for?


Title: Re: Need Small Loan (Have Collateral)
Post by: butcherboss on November 16, 2015, 07:12:16 AM
I might be able to fund your loan. Please apply on my loan thread, and state what kind of interest you are looking at.

What are you going to use the coins for?

I cant find your loan thread. I can provide up to 10% and pay the escrow fees if any. I need those btc to invest in staking and trading. And are you ready to use a trusted escrow and did you read the last paragraph of my loan request? The last para is really imp.

EDIT: I have received funds from other sources. Thank you for your time. I do not need a loan now. Locking this thread.