Bitcoin Forum

Economy => Lending => Topic started by: blink on July 30, 2019, 12:17:20 AM



Title: Small Loan with collateral
Post by: blink on July 30, 2019, 12:17:20 AM
Loan Amount: $8
Loan Purpose: To buy a domain for my dropshipping site.
Loan Repay Amount: $10
Loan Repay Date:  2 weeks after the loan date.
Type of Collateral: BIFI https://explorer.bitcoinfile.org/address/1Q39RkSApMe9wYk2kKDCvb7dVqzXoNofoW
Escrow profile Link: Any trusted member would do You can hold the bifi if you have a private key to your bitcoin address. No need to download a wallet.
Bitcoin Address:1MSwSEH1ecc3TLGRycbbvVGhWkHHSWMzqk


Title: Re: Small Loan with collateral
Post by: DireWolfM14 on July 30, 2019, 05:56:58 PM
I think you're going to have a hard time finding anyone willing to accept BIFI as collateral.  Their are only two exchanges that list the coin, I've never heard of either, and the trade volume is pretty darn low as well.  Couple that with the fact that you're posting from an old account that has hardly been active.  All that gives me reason to think this is a risky preposition...  Even if it is a measly $8, no body want's to piss away $8.

Which begs the question; why are holing on to that shitcoin?  Why not just dump it for the BTC you need?


Title: Re: Small Loan with collateral
Post by: LoyceV on August 02, 2019, 11:08:46 AM
Couple that with the fact that you're posting from an old account that has hardly been active.  All that gives me reason to think this is a risky preposition... 
Add the fact that OP changed his email address recently, deleted his Chinese posts (https://web.archive.org/web/20160226105259/https://bitcointalk.org/index.php?action=profile;u=89080;sa=showPosts), posts generic spammy questions in threads (https://archive.is/LNAF1), and has thousands of old Bitcoin private keys (https://bitcointalk.org/index.php?topic=5167709.msg51911896#msg51911896), it's pretty unlikely to be ever paid back.

If you want to create a dropshipping site without owning $8, get a free domain at dot.tk (http://www.dot.tk).


Title: Re: Small Loan with collateral
Post by: ThatRandom8543 on August 02, 2019, 02:49:08 PM
Loan Amount: $8
Loan Purpose: To buy a domain for my dropshipping site.
Loan Repay Amount: $10
Loan Repay Date:  2 weeks after the loan date.
Type of Collateral: BIFI https://explorer.bitcoinfile.org/address/1Q39RkSApMe9wYk2kKDCvb7dVqzXoNofoW
Escrow profile Link: Any trusted member would do You can hold the bifi if you have a private key to your bitcoin address. No need to download a wallet.
Bitcoin Address:1MSwSEH1ecc3TLGRycbbvVGhWkHHSWMzqk

You have the money for a computer, internet, and whatever else, but dont have $8 to buy a domain yourself? That really shows alot about how this "dropshipping site" will turn out. Youre best to wait the 2 weeks out unless you have valid collateral that is 120% of what youre asking.