Bitcoin Forum

Economy => Lending => Topic started by: badobadobist on October 29, 2018, 05:08:35 PM



Title: looking for a loan of 0.04 collateral my domain names.
Post by: badobadobist on October 29, 2018, 05:08:35 PM
HI i need loan for 2 weeks 0.04btc i will repay 0.045btc
collateral is 1 of  domain names or 2 of them.
first domain name : P A I D - V P N .com
value at godaddy appraisal is 644$

https://www.godaddy.com/domain-value-appraisal/appraisal/?checkAvail=1&tmskey=&domainToCheck=paid-vpn.com


second domain is. F B S B O N U S .COM
godaddy appraisal is over 1000$

https://www.godaddy.com/domain-value-appraisal/appraisal/?checkAvail=1&tmskey=&domainToCheck=fbsbonus.com

i also has a localbitcoin account since 3 years with good ratings and over 30 trade partners .i.can show in pm .


my username in this forum before was ginos and i lost log in details

thank you.


Title: Re: looking for a loan of 0.04 collateral my domain names.
Post by: LoyceV on October 29, 2018, 07:11:24 PM
second domain is. F B S B O N U S .COM
godaddy appraisal is over 1000$

https://www.godaddy.com/domain-value-appraisal/appraisal/?checkAvail=1&tmskey=&domainToCheck=fbsbonus.com
Domains aren't valid as collateral. In fact, it doesn't have any value at all, and nobody should rely on godaddy.com's estimated value. Try it for yourself: reverse the first 3 characters, and check godaddy (https://www.godaddy.com/domain-value-appraisal/appraisal/?checkAvail=1&tmskey=&domainToCheck=sbfbonus.com) again: it's estimated value is $1,072 (USD). The fact that nobody registered the name proves it's not worth anything, and that's why GoDaddy tells me I can buy it for € 0.99.
OP created his domain names 2 months ago, which can be done for $1 or less.

Short version: if you fund this loan, you're very likely to lose $250 to someone who created his account 3 days ago!