Bitcoin Forum

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r

Hi I can fill the loan if you are ok with my terms. https://bitcointalk.org/index.php?topic=4485985.0



I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.

You pay all the fees by the way.

Okay, I will escrow the collateral. I have contacted zazarb.

I suggest to use DarkStar_  (https://bitcointalk.org/index.php?topic=2724325.msg27877712#msg27877712), comparatively his fees are low.

No problem as well.

Thanks for the recommendation. I have contacted him.

Here you will find a list of trusted escrow services: https://bitcointalk.org/index.php?topic=276897.0

Once you settle with one then let me know.

DarkStar has accepted to be an escrow I'm gonna send him the HYDRO tokens

Fantastic.
Let me know once done also I would like DarkStar_ to confirm the escrow here. @DarkStar_ thanks mate, good to have you for another deal.

As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee? Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?

This was my deal...
Since it looks extra hassle and exchange transaction fees involve which is high comparatively, I will be comfortable with DarkStar_ keeping the collateral in his own wallet. If the BTC value of the collateral goes below or equal to 110% (meaning 0.088BTC or below) of my lending amount then yishak will have 24 hours time to top up more coins to keep the collateral value of it's minimum 120% range otherwise I will ask DarkStar_ to release the collateral to me. @yishak, let me know if you are ok with this or you want to go with the original deal of stop/lose on the exchange?

This is yishak's call and let's wait for him.

I am okay with what mdayonliner said. As for the fees, I was hoping to pay it in LTC. Is that okay with you?

LTC is great. I'll send you my LTC address tomorrow. You can now send the collateral to me so that your loan gets funded.

I have sent the collateral, @mdayonliner
https://etherscan.io/tx/0x9e13330cc9be0bc7a7bc31b96d2f1b53baf35c33e1789f58bc655f0c2762906b

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Great! Processing the loan.

For 108k HYDRO token the approximate rate HYDRO is 0.00000082BTC (coinex price). If the price alarms 0.00000082BTC or below this rate then in 24 hours you will top-up more coins/token to keep the collateral value of it's minimum 120% range. Depending on the added collateral the rate will be readjusted.

Loan sent: https://www.blockchain.com/btc/tx/e5b3969791e5ae935a4c59360a8325112e758bf55b5c4c35f66975010019a782
Repayment date: 3^rd September time before @23:59 GMT (https://time.is/compare/2359_03_September_2018_in_GMT)

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update:

I have added it on my loan service topic (https://bitcointalk.org/index.php?topic=4485985.msg42831864#msg42831864). @yishak, would you care to quote it on there for reference.
 

I've received it. Thanks!

@yishak: The price is ticking under 0.00000082BTC
Currently it's 0.00000078BTC (http://prntscr.com/kbvgl1)

I suggest you top up in the next 24Hours  (https://time.is/compare/1859_28_July_2018_in_GMT)

Thanks

Hi yishak,
Your 24 hours has gone past yet I have not heard back from you. The price (https://www.coinex.com/exchange?currency=btc&dest=hydro#limit) is way down (http://prntscr.com/kc6vnt) which is way under the 110% and now actually ticking somewhere around my lending amount.

I can not risk my investment. I would ask DarkStar_ to make a decision here. If the decision is to liquidate the Collateral then I will request to send the HYDRO to the following address ASAP (I need to sell the tokens for my BTC before it goes more down)

Based on your terms, it seems a 24 hour wait is required before liquidation to allow yishak a chance to add more collateral. Seems like it's up to 80 sats so it's not too bad.

I don't want you to lose any money, but I do want to require you to uphold the terms you gave earlier. Change your terms if you don't want to follow them.

I did give him 24 hours time and it has gone past over 7 hours (http://prntscr.com/kcaey3) so far while I am replying you  :) 
Am I missing anything  :-\

This was a big misunderstanding on my part. I didn't carefully read the date of your post and assumed you had not given 24 hours yet. Tokens sent to you, and you can liquidate.
tx: 0x84987754330815e8dc745e860687f34965f4ec556d2a2a3771fc58f40cd0766a

I'll cover your losses based off of the 0.08BTC loan value and whatever you sell it for. (max 0.012BTC limit to this offer unless something crazy happens with the price)

That's so kind of you. By the way just checked the tx and it says failed. You might want to check the transaction again.

Here is the address again.

0x2a7c3e41ad92cb9d116293fe7b0557fc075a313a9b56a25f8505ab3d952ac0cf

Failed again  :'(

May be you need to set higher GAS price.

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So, here... I got scammed. BIG time lose of 0.08BTC.
The Collateral was fake HYDRO
Someone slap me on my face!!!!

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Update:
Scam accusations topic (https://bitcointalk.org/index.php?topic=4773983.0)