|
Title: Looking for short-term MTUSD loan against BTC collateral Post by: Meni Rosenfeld on January 04, 2013, 09:28:23 AM To deal with a surge of buyers due to massive media exposure in Israel yesterday, I'm looking for a quick loan of up to about $10K Mtgox USD for a period of about 1-2 weeks. Bitcoins are available as collateral (I have bitcoins to sell but I don't want to compromise my position). Smaller amounts are also welcome.
Preferably it will be done at no interest, though this is negotiable. ripper234 (https://bitcointalk.org/index.php?action=profile;u=7087) is also interested in receiving such a loan. Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: ripper234 on January 04, 2013, 09:49:47 AM To deal with a surge of buyers due to massive media exposure in Israel yesterday, I'm looking for a quick loan of up to about $10K Mtgox USD for a period of about 1-2 weeks. Bitcoins are available as collateral (I have bitcoins to sell but I don't want to compromise my position). Smaller amounts are also welcome. Preferably it will be done at no interest, though this is negotiable. ripper234 (https://bitcointalk.org/index.php?action=profile;u=7087) is also interested in receiving such a loan. Confirmed, I'm with Meni on this one (one the same loan, not a separate one). Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: Meni Rosenfeld on January 04, 2013, 10:27:14 AM To deal with a surge of buyers due to massive media exposure in Israel yesterday, I'm looking for a quick loan of up to about $10K Mtgox USD for a period of about 1-2 weeks. Bitcoins are available as collateral (I have bitcoins to sell but I don't want to compromise my position). Smaller amounts are also welcome. Preferably it will be done at no interest, though this is negotiable. ripper234 (https://bitcointalk.org/index.php?action=profile;u=7087) is also interested in receiving such a loan. Confirmed, I'm with Meni on this one (one the same loan, not a separate one). Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: Eisenhower34 on January 04, 2013, 01:50:31 PM I dont want to check ~3500 posts, so could you just link some of your highest deals / PGP rating accs / ... so its easier to check? I know Meni a bit from the BDT drama so if your reported links aint too bad, i can provide $2000 @ 5% per 15 days. Right now i held $920 USD and €1000 EUR which can be exchanged.
Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: ripper234 on January 04, 2013, 01:52:58 PM I dont want to check ~3500 posts, so could you just link some of your highest deals / PGP rating accs / ... so its easier to check? I know Meni a bit from the BDT drama so if your reported links aint too bad, i can provide $2000 @ 5% per 15 days. Might post some info later, but I just wanted to say - Bitcoin collateral will only be given to forum members who we trust. So, bi-directional trust is required for this loan. Of course, if you do not require a collateral, we don't need to trust you, and will be able to provide more evidence to our own trustworthiness. You can start at Meni's Vanity Thread (https://bitcointalk.org/index.php?topic=121314.0). Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: Eisenhower34 on January 04, 2013, 01:57:51 PM LOL ^^ :) I thought you wanted to request a loan. Sorry for the missunderstanding.
Edit: After reading the previous posts another 3 times I udnerstood what you basically want (margin trading). My offer was without collateral. So I give you $2000 and get $2100 back after 15 days. A collateral is only be usefull for me, if you have the intention to take the BTC back for the full $2100, otherwise a price drop is too risky and I had to charge some much higher fees. To make it clear, in case you dont take those BTC back for $2100 after 15 days, I would sell them and you would still owe me the difference. My reputation should not be questioned: https://bitcointalk.org/index.php?topic=97764.0 https://bitcointalk.org/index.php?topic=62361.0 https://bitcointalk.org/index.php?topic=76007.0 https://bitcointalk.org/index.php?topic=96578.0 Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: ripper234 on January 04, 2013, 02:44:50 PM LOL ^^ :) I thought you wanted to request a loan. Sorry for the missunderstanding. Edit: After reading the previous posts another 3 times I udnerstood what you basically want (margin trading). My offer was without collateral. So I give you $2000 and get $2100 back after 15 days. A collateral is only be usefull for me, if you have the intention to take the BTC back for the full $2100, otherwise a price drop is too risky and I had to charge some much higher fees. To make it clear, in case you dont take those BTC back for $2100 after 15 days, I would sell them and you would still owe me the difference. My reputation should not be questioned: https://bitcointalk.org/index.php?topic=97764.0 https://bitcointalk.org/index.php?topic=62361.0 https://bitcointalk.org/index.php?topic=76007.0 https://bitcointalk.org/index.php?topic=96578.0 I think that given our forum reputation, a 5% interest loan for a period two weeks is too high for our taste (no offense). Meni? Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: Eisenhower34 on January 04, 2013, 02:56:42 PM none taken (Edit: I dont see both your reputations yet, except your postcount)
Title: Re: Looking for short-term MTUSD loan against BTC collateral Post by: Meni Rosenfeld on January 05, 2013, 04:00:26 PM I dont want to check ~3500 posts, so could you just link some of your highest deals / PGP rating accs / ... so its easier to check? I know Meni a bit from the BDT drama so if your reported links aint too bad, i can provide $2000 @ 5% per 15 days. Right now i held $920 USD and €1000 EUR which can be exchanged. Thanks, but I'm not interested in this offer.For reference, I've had several deals of >$10K which I've honored, but those were private so I won't disclose the details without the other parties' agreement. I appreciate looking at track record of actual deals made, but work towards the advancement of Bitcoin (and general RL reputation) are more important, and the reputation I've built is worth much more than $10K. I've summarized that in my vanity thread as linked in my signature and above by ripper234. PS I found some alternative means to the same end so while I may still be interested in the request in the thread, it's not as critical. |