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Title: [Closed] 0.9 btc loan Post by: bob123 on December 21, 2015, 12:07:36 PM Hey guys,
Since i want to buy hardware via Btc and because i need it before christmas i need a Loan of 0.9. My Exchange will take at least 1 more week i guess.. so i would be able to pay back 0.95 @28.12. Latest possible payback will be 30.12. Im not sure what kind of collateral i can provide. This Forumaccount isn't worth a lot. What about Steam account with lots of games? Pls let me now what kind of collateral i should provide. I dont have any Altcoins. Edit: Closed because 2 late Title: Re: [Need] 0.9 btc loan Post by: xinzark on December 21, 2015, 12:20:42 PM I think you dont know but Steam accounts are not valid collateral. Do you have any altcoins or stable something solid digital goods ?
If yes then post that Title: Re: [Need] 0.9 btc loan Post by: crossabdd on December 21, 2015, 12:22:14 PM i suggest you to saving your money then you take loan without collateral :)
Title: Re: [Need] 0.9 btc loan Post by: bob123 on December 21, 2015, 12:28:26 PM I think you dont know but Steam accounts are not valid collateral. Do you have any altcoins or stable something solid digital goods ? If yes then post that Sorry, didn't know that. I dont own altcoins. What kind of Digital goods are counted towards collateral? Title: Re: [Need] 0.9 btc loan Post by: mexxer-2 on December 21, 2015, 12:29:36 PM What kind of Digital goods are counted towards collateral? 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 (http://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 (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] 0.9 btc loan Post by: yahoo62278 on December 21, 2015, 12:30:30 PM I think you dont know but Steam accounts are not valid collateral. Do you have any altcoins or stable something solid digital goods ? If yes then post that Sorry, didn't know that. I dont own altcoins. What kind of Digital goods are counted towards collateral? Title: Re: [Need] 0.9 btc loan Post by: krunox123 on December 21, 2015, 12:33:08 PM There really isnt much as far as digital good that ppl will accept except altcoins. Gift cards and things like that can be claimed by you as soon as someone lends you the coin. Sorry but i doubt you will get this loan without something solid I'm pretty sure domain names is a digital goods and are also considered as a valid collateral if the loanee cannot recover it. :)Title: Re: [Need] 0.9 btc loan Post by: Atomicat on December 21, 2015, 12:43:02 PM There really isnt much as far as digital good that ppl will accept except altcoins. Gift cards and things like that can be claimed by you as soon as someone lends you the coin. Sorry but i doubt you will get this loan without something solid I'm pretty sure domain names is a digital goods and are also considered as a valid collateral if the loanee cannot recover it. :)Title: Re: [Need] 0.9 btc loan Post by: xinzark on December 22, 2015, 03:08:45 AM Domain names cannot be considered as a valid collateral unless it has a high price at which it could be easily sold at. Every domains have some value so they surely are valid collateral but the difference is few have high and rest have low For the valuation of those domains borrower or lender can consult a reseller to know its price I think |