Bitcoin Forum

hi am looking for $26000 loan which i can pay back in one month i can provide 150% collateral in the form of ETC coins.

payment will be paid back in btc to the equivalent of the $26000+interest

How much Interest you are willing to pay?

1.5%

Seems pretty low most people here want atleast 5% a month (and that's on the lower end of the spectrum)

sorry i required the full amount i can do max 3% for monthly interest with option to pay back sooner

Could you post your address of where you have about $26k worth of ETC, possibly even signing a message from that address?

And any reason why you want fiat and how you expect to receive it (if someone ever did decide to fulfill this loan)? I highly doubt someone is going to send that much via paypal.

i have alot more than $26000, there is no need for the address as il be sending collateral. the loan can be paid in btc too, repayment will be in btc too of the amount of usd equivalent

I can do $26000 in BTC except BTC tied, not fiat at 1.5% interest.

i require it tied to fiat, after loan ends youl get the total amount in usd paid in btc

I can fill this loan for 1% interest/month if the rate is tied to bitcoin value, not USD amount.

I can fund the entire amount of this loan, subject to the below terms:

term of loan: 1 month
Amount of loan: $26,000 USD (BTC equivalent) tied to USD value
USD/BTC exchange rate: bitfinex - both at time of loan and at time of repayment
collateral: 1895 ETC - subject to my blockchain review to confirm no evidence the ETC can be traced to stolen funds
interest: 3.5% per month
if loan is not repaid by due date, 1% will be added to interest due, I will wait until the loan is 5 days past due, and will liquidate the ETC to repay the loan, plus 3.5% interest, plus 1% late fee and will return the remaining amount to you, if any.
The loan can be repaid early, and can be repaid by selling the ETC with no penalty.

LMK. 

It goes without saying, but if you trade with the least trusted person on this forum, you will probably get negative trust yourself.  :/

again i require the loan tied to USD not btc. repayment will be paid in btc according to the value at that time

Can you provide info on the use of the loan? It sounds like you could simply buy BTC, wait a month and then when the value is up make your repayment and pocket the difference in BTC.

What an odd thing to claim.   What harm would it cause to post the address?

But transparency overrides privacy in lending transactions involving amounts of the kind discussed here. It's all about due diligence.

It also helps the lender check if the collateral's source is legitimate. So much news these days about stolen coins.

i prefer not to share my balance. all i need to sho is my collateral unless the lender sends first i need to but 100% he won't my collateral will be sent first

if that needs to be done im all for it but i won't share it publicly

And why not? If its done publicly, it would be quicker, and you will have a higher chance of getting a loan, but usually lack in transparency also means there is something else going on and youre trying to hide it from someone here (though not exactly the case). Tbh I am starting to look down on fiat-tied loans because it seems to me that people are doing this as a way to possibly profit while the lender loses out on any type of value increase in the market, which is what im assuming is going on with alot of the recent request.

Good luck though.

but the opposite could happen to me, if the value falls i need to honour my end of the deal. don't see showing my address as a high priority.

Think about this, if you borrow 3 BTC at $7,000 each, then the price increases to $14,000. You will only pay back 1.5 BTC, meaning the lender has lost 1.5 BTC. I'm willing to fund this loan if tied to BTC price, but I think it's highly unlikely someone will fund this tied to USD.

Transfer $26,000 in currency to a new wallet and post that wallet address.   ???

I just want to inform that DigitalCurrencyinvestors  have at least three loans deal with me in past , with three different altcoins as collateral in amount from 1.5-2.5BTC, (reference in my thread)
so I not doubt that he have this amount of colllateral. This just info, not vouch or something, if you want a safe deal, use the escrow service.

if lender requires it can be done

is there any site where i can get this loan where they can hold my collateral

looking into salt coin i think i can get the fiat loan there

Can you acknowledge my inquiry? Thanks.

funds will be used to make payment on a few thing. more towards personal purchases

I can do with BTC.

Where did you suddenly get $30,000 in BTC from? You're almost certainly lying.

I can fund the whole loan but it cannot be tied to the USD value - I stand to lose money, which is stupid.

Let me know if that's something you want to do.

I can do it for 10% interest in a month. Sorry, that's the best I can do because I'd be going long on bitcoin at the same time (which is me paying trading + borrowing fees) so that I don't get screwed if the price rises (as you would be returning less bitcoin than I loaned out).