Bitcoin Forum

Economy => Lending => Topic started by: sharedminers on January 20, 2014, 05:43:11 PM



Title: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: sharedminers on January 20, 2014, 05:43:11 PM
Hi
I need 2btc (Paid back in 30 days) to buy more mining equipment, I can offer 1.5 M Dogecoins in Collateral.
Thanks,


update: i had the BTC and purchased the antminer s1, thanks everyone


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: Kyraishi on January 20, 2014, 06:03:47 PM
1.5m is worth 1.93btc at the time I write.
and doge price is really unstable.
what if in 30 days you don't pay back and doge price crashed a lot ?


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: cyclops on January 20, 2014, 06:11:50 PM
I can offer you +/- 1BTC to repay in 3 weeks


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: sharedminers on January 20, 2014, 06:17:51 PM
well, dogecoin is volatile, Bitcoin too. I understand your worries
I can do 1.6M Doge for 2 btc, or 1.5M doge for 1.93btc (I actually need 1.9 btc to buy an antminer today before it is sold out again)
I will pay back pretty quickly, using the mining revenues + my own money once my bank wire transfer to virtex is approved.
Let me know if you need any additional information
Thanks,


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: sharedminers on January 20, 2014, 06:23:33 PM
I can offer you +/- 1BTC to repay in 3 weeks

Ok, sounds good, how much interest % ?


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: cyclops on January 20, 2014, 06:47:13 PM
I can offer you +/- 1BTC to repay in 3 weeks

Ok, sounds good, how much interest % ?

What about 6%


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: KWH on January 20, 2014, 07:56:45 PM
Hi
I need 2btc (Paid back in 30 days) to buy more mining equipment, I can offer 1.5 M Dogecoins in Collateral.
Thanks,

Congrats, this is how you go about procuring a loan.  8)


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: petronsiva on January 20, 2014, 08:15:30 PM
I can do this on your terms please pm me.


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: cyclops on January 20, 2014, 08:43:00 PM
Sent response to OP PM, no reply yet.


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: sharedminers on January 21, 2014, 03:57:17 AM
Sent response to OP PM, no reply yet.

Thank you Cyclops for your offer, I ended up accepting a better offer i received by pm.

I got the btc earlier today and just ordered the antminer :)
Sorry for the delayed answer, I was at the office...


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: Vod on January 21, 2014, 05:19:00 AM
Sent response to OP PM, no reply yet.

Thank you Cyclops for your offer, I ended up accepting a better offer i received by pm.

I got the btc earlier today and just ordered the antminer :)
Sorry for the delayed answer, I was at the office...


Post the transaction ID of the 2btc that was sent to you.


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: Tomatocage on January 21, 2014, 05:40:32 AM
Yes, be sure to post the TxID of the transactions so that you can show you've successfully repaid a loan. You can add this to your reputation thread, should you wish to create one :)


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: blodyx on January 21, 2014, 10:37:14 AM
I must say that im impressed by this.

Good work every one!


Title: Re: Loan request : 2 btc for 30 days, 1.5M Dogecoin collateral
Post by: sharedminers on January 21, 2014, 05:35:27 PM
Yes, be sure to post the TxID of the transactions so that you can show you've successfully repaid a loan. You can add this to your reputation thread, should you wish to create one :)
Makes sense,
here is the btc transaction id : 4cde9d8989a82ff44e0170aa430bf6c2fe6d5a6cb88f188a0bad9753f71a3b63
it was in exchange for 1M Doge collateral.
thanks for the advise.