Bitcoin Forum

Like the title says. need a quick loan to pay for a motel room for a couple nights. Can repay in full within 14 days max, possibly sooner. Open to discuss interest rates and terms, collateral, etc... with trusted members only. need this pretty quick tonight if anyone is out there

I can do this if you can provide me a valid and sufficient collateral
Pm me to have a discussion

What collateral are you offering?

Not even really sure what is considered Valid collateral, but if I have it, I will offer it. I guess this account could be used as partial collateral; not even sure what the value of it is. This is a last minute, unexpected situation, so any advice would be helpful. I dont have any large altcoin balances; have a couple online "wallets" that are business verified. what other things are usually accepted as collateral?

Usually everything which can be sold easily in the market while having a very stable value at the same time
More can be found here : https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902

I will tell you right now that your account is not worth 0.15BTC and that your "wallets" are more likely then not are pretty much worthless to a potential lender.

It sounds a lot like your goal is to take out a loan that you have no intention of repaying using collateral that you recently purchased for a lot less then the amount of your loan.

And the sorriest part of what you say is that I would think the same thing automatically. its a shame that people have screwed up this system so badly that when someone actually needs the help, they cannot get it. There needs to be a way to confirm identity or something that could ensure that this is not the case. all of the accounts I am speaking of are mine, were created by me and are over a year old. I am not saying they are worth anything to a potential lender, but they are not purchased.

But again, if I were to be reading my own listing, I would automatically assume the same thing. Wish there was a way to show validity in all of this... I really do...

Yep, so maybe your best course of action is to try for a loan in your real life: friends, family,  pawn shop.  Or get more collateral or ask for a smaller amount.   It is so true that scammers have shit all over this place and turned most people cynical and paranoid.

believe me, family/friends are of no help and the pawnshop will be hit first thing tomorrow with the few small items i have. Was just trying to get a room for the night at least, which i guess i could do for $45USD, which is what....079BTC according to Preev, but then it appears the only valid collateral I have is this account and how much is it worth really?

Well, had a few things that i can sell in the digital goods section.... no way to offer them as collateral really, so i put them up for sale.... if anyone can loan against this account, let me know...

What are those stuffs? People can reconsider if your things are acceptable as a collateral. You can't really just get a loan with your accout as collateral because the bitcoin price has recently rised and I think you can only get 0.08 btc with your account.

.08 would put me up for the night, thats for sure....

the things i listed in the digital goods section are iptorrent invites, keybase.io invites, windows 7 pro key and office 2013 pro keys, the windows keys are actually legitimately purchased.... so, not really collateral material.

But if the account is worth .08 as collateral, I can get into a room for the night