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Title: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Bloddsvik on November 24, 2017, 02:52:18 PM I'm looking for a .01 Loan @ 25% Interest.
Will have it paid back in full + 25% within' 1 Week. Thanks. Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: scott btc on November 24, 2017, 02:54:00 PM what is your collateral ? altcoin / account / anything yo have to place ?
no one will fill your loan, if you doesn't have a valid colateral Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Bloddsvik on November 24, 2017, 02:56:07 PM Okay, what are you looking for as far as collateral?
I have a truck. Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: truthstalker on November 24, 2017, 02:58:13 PM Okay, what are you looking for as far as collateral? I have a truck. Unless you can get a escrow to hold onto that truck then no ones going to be interested in a truck. Normally collateral involves altcoins or something of value which is easily transferable and is at least 150% more of the loan. If you can get an evaluation on the truck and get a trusted escrow on here to secure it then that might be able to be collateral. Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Harsh_Patel on November 24, 2017, 03:00:15 PM If you are not providing the Collateral than this is just another Ponzi scheme. Please tell us about the collateral you will put and that must be equal to the amount you are asking for.
To everyone else, Please refrain from landing the Coin if he is not providing Collateral information. He is Newby. Need a bit more information. Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Bloddsvik on November 24, 2017, 03:08:52 PM Why would I be asking for a loan if I had an alt-coin that was equal in value to the loan i'm asking for? Doesn't make much sense to me.
I have 20 Smart Cash Coins, will that work? Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Taras on November 24, 2017, 05:50:58 PM Why would I be asking for a loan if I had an alt-coin that was equal in value to the loan i'm asking for? Doesn't make much sense to me. Because then you can short sell, or go long on bitcoin, without needing to get out of other altcoins, since you'll get the full amount back once the loan is repaid, regardless of what the prices of both currencies has become. Normally if you think the price of something will go down, you would sell, but if you don't have any to sell, you can borrow some, and sell that, and buy it back for less when it is time to pay it back. That's why people use altcoins as collateral.I have 20 Smart Cash Coins, will that work? That stuff is going for $0.057 each according to coinmarketcap, making 20 worth $1.14. Ideally you want the collateral to be worth 120% of the amount you're borrowing, which would be more like $98, meaning $1.14 isn't going to cover it.Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: Bloddsvik on November 24, 2017, 07:42:00 PM Okay, I guess I should have titled the thread looking for an un collateralized loan.
Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: bitlotco on November 25, 2017, 05:33:59 AM ok, contract me
Title: Re: Looking For A .01 Loan - 25% Interest - 1 Week Turn Around Post by: condoras on November 25, 2017, 02:11:15 PM ok, contract me Sorry but can you tell us for what reason Op have to contact you? You want to give him a Non-Collateral Loan (?!) or you want to buy his Jr. Member Account here? You should think it better, because either ways it's a stupid move. :-\ |