Bitcoin Forum

Economy => Lending => Topic started by: Ekishbaugh1 on September 27, 2019, 06:55:00 PM



Title: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: Ekishbaugh1 on September 27, 2019, 06:55:00 PM
Hi, I'm new at this, but I just need a simple honest loan for 0.025 for 6 days at whatever interest rate you need. Will do my best to meet terms of acceptable collateral, I just want a straightforward loaner please.


Title: Re: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: TryNinja on September 27, 2019, 06:57:22 PM
Ok, what collateral fo you have to offer?

Examples of acceptable collaterals: https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902


Title: Re: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: Ekishbaugh1 on September 27, 2019, 11:54:14 PM
Hey, So I have a Diamond Tungsten Croton wristwatch I bought for 400 dollars when i got married and a New JL Flip 4 bluetooth speaker I just got priced at 100 dollars. I can take pictures of them when I get home if thats something that would work for you. I don't plan on parting with them anyways, so I have no problem putting both on the table as collateral. And if not, ill see what else i can come up with. I don't have any alt crypto otherwise I would just exchange it for the btc.


Title: Re: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: Ekishbaugh1 on September 28, 2019, 12:18:53 AM
Even with the depreciation of value, the watch is easily worth 200 alone, but I figured both combined would easily cover the 0.025


Title: Re: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: magneto on September 28, 2019, 12:21:44 PM
Even with the depreciation of value, the watch is easily worth 200 alone, but I figured both combined would easily cover the 0.025

You're much better off just pawning the aforementioned items. Physical collateral is often impossible to find an escrow for and with such a low amount of loan involved, it's simply unfeasible in my opinion for any lender to seriously consider your offer.

Going with your local pawnshop may honestly even yield you better rates. The interest rates charged on forum is high in comparison due to the added risk of international dealings.

If you do have other collateral, let me know. I'd be willing to meet your request as long as it has satisfactory levels of collateral.


Title: Re: Need a 0.025 btc loan for 6 days.Ill get what u need for accepted collateral
Post by: Timelord2067 on September 29, 2019, 05:05:41 PM
How are you going to get the watch to a potential lender? (and no, that was not an invitation to PM me)