Bitcoin Forum

Economy => Lending => Topic started by: palmo444 on March 05, 2016, 11:28:19 PM



Title: Can i put up my stock certificate for a btc loan?
Post by: palmo444 on March 05, 2016, 11:28:19 PM
was wondering if I can put up my stock certificate for a btc loan?


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: whywefight on March 05, 2016, 11:30:47 PM
i dont think so and:

no (valid) collateral, no loan.

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)

Read all of them and after educating your self ask again.

You can lock this topic at the lower left of this page. thank you!


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: The Sceptical Chymist on March 06, 2016, 12:07:19 AM
I think a certificate is pretty useless as it can be claimed as lost or stolen.  And it's not really practical on this forum either.  What stock and how much are you talking about anyway?


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: palmo444 on March 06, 2016, 12:28:23 AM
yes I was thinking about that and I think your right hard to put up a cert on this site to get a loan..yes symbol CKMY  carmonkeys..online car parts site


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: The Sceptical Chymist on March 06, 2016, 12:39:07 AM
yes I was thinking about that and I think your right hard to put up a cert on this site to get a loan..yes symbol CKMY  carmonkeys..online car parts site
lol trading for $0.09/share.  How did you end up with a stock certificate?  It's not easy to get one issued nowadays.


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: palmo444 on March 06, 2016, 12:43:39 AM
I did work for the company and payment was in the certificate.it is a good company..one day the price of the stock will catch up to the success of the company.


Title: Re: Can i put up my stock certificate for a btc loan?
Post by: Mist on March 07, 2016, 02:47:49 AM
It personally sounds like you are trying to dump a worthless share. Better something than nothing am I right?
Same philosophy people use for providing collateral in unstable altcoins, or the people that get loans worth more than their account and just ditch the account. It's very shady.