Bitcoin Forum

Economy => Long-term offers => Topic started by: Chevas Regal on July 14, 2017, 03:04:01 AM



Title: Need a Loan Of 0.84 BTC Collateral Provided
Post by: Chevas Regal on July 14, 2017, 03:04:01 AM
Hia!

Looking for 0.84 BTC loan, which will be repaid within 24 Hours with interest of 5%.

Loan Amount: 0.84BTC
Payback: 0.89BTC

Collateral is 450 Minexcoin which has a ICO price of 0.00230771BTC per Token.

For Minexcoin visit Information: https://minexcoin.com/?r=site/ico
For their thread: https://bitcointalk.org/index.php?topic=1847292.0

Most probably the settlement will be done within 24 hours.

Note: people who are interested in bullying please be away, interested people Post here or PM me.

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Done Thank You :)


Title: Re: Need a Loan Of 1 BTC Collateral Provided
Post by: Lone Shark on July 14, 2017, 03:09:03 AM
Hia!

Looking for a BTC loan, which will be repaid within 24 Hours with interest of 5%.

Loan Amount: 1BTC
Payback: 1.05BTC

Collateral is 450 Minexcoin which has a ICO price of 0.00230771BTC per Token.

For Minexcoin visit Information: https://minexcoin.com/?r=site/ico
For their thread: https://bitcointalk.org/index.php?topic=1847292.0

Most probably the settlement will be done within 24 hours.

Note: people who are interested in bullying please be away, interested people Post here or PM me.

Not here to bully, but just wanted to point out a few things for the community,

1. Usually collateral should be 120% of the loan. What you are offering is just 103%.
2. The offer seems fishy. There is a possibility that you are getting this loan to somehow get an "arbitrage" of sorts. There is a possibility that when the coins get distributed and prices go down by a lot, then what happens to the loan?


Title: Re: Need a Loan Of 1 BTC Collateral Provided
Post by: Chevas Regal on July 14, 2017, 03:15:48 AM
Not here to bully, but just wanted to point out a few things for the community,

1. Usually collateral should be 120% of the loan. What you are offering is just 103%.
2. The offer seems fishy. There is a possibility that you are getting this loan to somehow get an "arbitrage" of sorts. There is a possibility that when the coins get distributed and prices go down by a lot, then what happens to the loan?

1. Ok..I got that, so i am ready for 0.84 BTC on the collateral.
2. Fishy?? No possibility.. I am getting this loan for entertainment purpose, I have no intention to lose my rep here, what i will make sure is that you get a full valued collateral, if even i will get into loss then i will repay you with my saving. Try some research on Minexcoin and you will find what it is? I don't think the value will go much low as you expected.


And that was not a Bully, I appreciate the question because it was not someone screaming and yelling.

Done! Thank You :)