Bitcoin Forum

Hi everyone. I'm really taking out time to look at the Loan section. Can a junior member get a loan? What limits of loan can such a member get assuming the junior member account is the collateral?
Finally, I saw some lenders ask for signed message, what's signed message?
Thank you.

0. Simply Zero.

Jr. members are worthless so don't expect anyone will give you a loan.

As LS stated above, your Account here is not worth a single satoshi.
So please close this Thread of yours and try somewhere else to get the funds that you want/need.

Good luck.

It appears Full Members are also not valued for loans either. Took a look through auctions and was a little shocked how much account value has dropped around here.
You got a long way to go, just look how backwards my loan request turned out.
If you look through a lot of the lending threads people are not actually lending, its one out maybe 30 requests that get allowed and if you get denied by one, its pretty much game over after that.

Signed message is explained in Beginners Section in the stickies. Might be a good place to start reading and know that the rules for this forum are the baseline, lot of lenders expect way more in collateral.

Even if your acc is worthless if you have valid collateral thats 120% of what you want you can get a loan but considering you asked about the account that tell me that you don't have anything else to offer.

Thank you Sadsong (what a name). I've gained quite an insight from your contribution. We're all here for the long haul so in a matter of months I'd be Hero member too.

You can still ask for a loan in this forum if you have a valid collateral with 120% value from your borrowed amount. Collateral like Altcoins are accepted. Accounts nowadays are not that accepted unlike before and thanks to those account farmers out there who created a lot of accounts and flooded the marketplace bringing down the value of accounts here.

Regarding signing a message heres a link on how to sign a message https://bitcointalk.org/index.php?topic=990345.0
Stake your BTC address here https://bitcointalk.org/index.php?topic=996318.msg10820715#msg10820715
But make sure that the address that you will stake is the one that you hold the private key, dont use those that are provided by exchanges and gambling sites, because you cant sign a message from the address that they provide.

I really wonder why you need the loan, because you are having to take out time to look at the Loan Section  ::)
And, Jr. member account is not worth anything, and no one would accept it as a collateral to give you a loan. Ask for a loan only if you have something to keep that is higher in value than the amount you are going to ask, otherwise, get ready to create another account and start over, as you will end up getting tagged at the end.

Thanks Daddy Monsi. Very helpful link.

That was a straight one  :D junior member's are worthless :)

The higher the grade, the more credit, the easier the loan

Not so fast...you can see Legendary and Hero are made from Newbie and Jr Member. I'm already a member and that's progress.

You can take a worthless rock and turn it into a beautiful sculpture, too, but that doesn't mean that the rock isn't worthless before you do anything to it. It's the time and care that you invest into it that gives it that value.

Congratulations on member status!

So I think this is the right time we invest in our account, I really like to make a new thread and would like to ask for a loan of o.oo2BTC without collateral but discarded it cause I know I will be denied spontaneously.

This is really simple, all you have to do to be approved is collect some collateral/s as jr. member accts. do not cost that much in value to be a collateral. Collect AltCoins which most lender stated in here and make sure that those coins are legit and not just garbage coins such as ETH, LTC, XMR, etc.

umm, a little question. why does we give AltCoins as a collateral if we can exchange them to Bitcoin?

Hi, what do people think of SALT. Looks like it could be promising. I like their model (perhaps not their pricing) but it's a service that people will want, for sure.
??

Why did you think your loan will be denied if you dont try it anyway?

Because you don't want to close your position on alts. For example, if I think my alts are gonna grow soon but I need money to invest into an ICO, borrowing money is a better option than selling alts that might grow soon.