Bitcoin Forum

Economy => Lending => Topic started by: freakyj on April 12, 2017, 12:21:23 AM



Title: Looking for 0.01 loan
Post by: freakyj on April 12, 2017, 12:21:23 AM
I am aware I am a newbie user, no need to remind me!!

Looking for 0.01 loan, around 10 USD.

Collateral can be discussed in PMs.

Return date will be 4/14.

Any further questions can be answered in my PMs.

EDIT: Sorry to everyone in the comments, I am clearly new to this and didn't know people would assume the worst! I want to discuss collaterals in private because I don't have much to offer because as I said I am new to this.


Title: Re: Looking for 0.01 loan
Post by: Lone Shark on April 12, 2017, 12:22:24 AM
Why not just share here what your collateral is? It's something illegal, isn't it?


Title: Re: Looking for 0.01 loan
Post by: regular on April 12, 2017, 12:25:23 AM
I am aware I am a newbie user, no need to remind me!!

Looking for 0.01 loan, around 10 USD.

Collateral can be discussed in PMs.

Return date will be 4/14.

Any further questions can be answered in my PMs.


Tell me what your collateral is and i'll fill your loan if the collateral is legit, which I highly doubt.

As Loan Shark said, there is really no point of concealing your collateral if it was to be worth 120% of the loan amount. Better to disclose it publicly to avoid any speculation than to disclose it only in PM.


Title: Re: Looking for 0.01 loan
Post by: Pearls Before Swine on April 12, 2017, 12:25:33 AM
Why not just share here what your collateral is? It's something illegal, isn't it?
I will state here that OP really needs to lay it all on the table here, including whatever the collateral is.  Since there are no protections with bitcoin these transactions need to be public.  So say whatever you're willing to give as collateral and for your sake, hopefully it's valid.  There's no other way you're getting a loan on this scam infested forum.


Title: Re: Looking for 0.01 loan
Post by: Bitkoyns on April 12, 2017, 01:17:43 AM
post your collateral and if it's a valid one I might be able to help you here.


Title: Re: Looking for 0.01 loan
Post by: freakyj on April 12, 2017, 01:22:08 AM
post your collateral and if it's a valid one I might be able to help you here.
Like I said in the edit I don't have much to offer. If you're into games I have a decent steam library, a LoL account with over $600 in skins on it. I wouldn't be asking for a loan if I had any other currencies because in that case I could just sell those for money. Let me know if theres anything youre interested in, or would like for a collateral because I really don't know.


Title: Re: Looking for 0.01 loan
Post by: ThatRandom8543 on April 12, 2017, 02:41:35 AM
post your collateral and if it's a valid one I might be able to help you here.
Like I said in the edit I don't have much to offer. If you're into games I have a decent steam library, a LoL account with over $600 in skins on it. I wouldn't be asking for a loan if I had any other currencies because in that case I could just sell those for money. Let me know if theres anything youre interested in, or would like for a collateral because I really don't know.

Steam or many (if not all) games [platform] arent valid collateral since they can be reversed. As in regards to collateral, many would say that they would sell it but the point of collateral is something that can be secured by the lender that the borrower dont want to lose. Altcoin is a good example because say if you had enough put ethereum at the current price and during the term of your loan, it goes up in value, that can be a plus for you but the downside is if you default, you wont get your coins back so that extra value goes to the lender. Its like saying if you need a loan and have a car, you could go to a bank or a loan service and get a title loan against your car. Same with your house. If they go up in value and you default, your lenders get your car or house. So saying you would sell something if you had it doesnt mean much to anyone here. Most only do it as a last resort, especially when it come to altcoins.