Bitcoin Forum

Economy => Lending => Topic started by: tradwra on December 18, 2020, 06:45:32 AM



Title: require loan 0.1 BTC with collateral.
Post by: tradwra on December 18, 2020, 06:45:32 AM
Need some money start an new business, so i am try to find an loan here.
Amount 0.1 BTC for 3 month, pay back 0.115 BTC
collateral my website tradwra.com (https://tradwra.com), can transfer domain to you.
Thanks!


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: condoras on December 18, 2020, 07:30:31 AM
Need some money start an new business, so i am try to find an loan here.
Amount 0.1 BTC or 3 ETH for 3 month, 115% pay back.
collateral my website, can transfer domain to you.
Thanks! PM

Since the collateral that you offer is reversible, can you offer anything else more valid? Btw what kind of site/ domain is the one that you offer?


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: suchmoon on December 18, 2020, 11:38:00 AM
Since the collateral that you offer is reversible, can you offer anything else more valid? Btw what kind of site/ domain is the one that you offer?

OP seems to be using this just to spam their website link so I wouldn't take them seriously.


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: tradwra on December 18, 2020, 12:08:25 PM
Since the collateral that you offer is reversible, can you offer anything else more valid? Btw what kind of site/ domain is the one that you offer?

OP seems to be using this just to spam their website link so I wouldn't take them seriously.

what? previous i want sell this project, but seems not got buyer. so try lending here.
https://bitcointalk.org/index.php?topic=5299711.0 (https://bitcointalk.org/index.php?topic=5299711.0)
if someone can buy welcome


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: suchmoon on December 18, 2020, 12:34:00 PM
what? previous i want sell this project, but seems not got buyer. so try lending here.
https://bitcointalk.org/index.php?topic=5299711.0 (https://bitcointalk.org/index.php?topic=5299711.0)
if someone can buy welcome

LOL, ok, let's play along. You're trying to sell the site with a 0.1 BTC starting bid and you got zero bids on that. Now you're trying to get a 0.1 BTC loan with the site as a collateral. See a bit of a problem here? I can see at least two:

1) The site is not worth it, even if it could be a valid collateral (it's not), so your loan is a disguised sale.
2) Technically you could double dip - sell the site while it's being held as a collateral and stiff the lender or the buyer or both.


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: condoras on December 18, 2020, 12:50:24 PM
I can see at least two:

1) The site is not worth it, even if it could be a valid collateral (it's not), so your loan is a disguised sale.
2) Technically you could double dip - sell the site while it's being held as a collateral and stiff the lender or the buyer or both.

Since OP here already tried to sell it and get 0 bids, I guess that he goes for the option No1... ;D
@OP: Better lock your thread before you ruin your account from the start. ;)


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: tradwra on December 18, 2020, 01:02:20 PM
auctions seems no much views, i need sell it before end of this month. so try the lend.
the website has users, if you have resource to manage it that can do well.


Title: Re: require loan 0.1 BTC or 3 ETH with collateral.
Post by: JeromeTash on December 20, 2020, 09:35:11 PM
auctions seems no much views, i need sell it before end of this month. so try the lend.
the website has users, if you have resource to manage it that can do well.

In lending, the lender expects there money back and what you offer as collateral will guarantee that either you will pay up the loan in time or the seller can easily recover their money by selling your collateral once you default the loan. Now the idea of a domain being collateral is not welcome here especially after the fact that you attempted to sell if off a few days ago.
What are the chances that you are just trading to dump a domain that isn't picking any interest at all to the lender and you take off with his money.


Title: Re: require loan 0.1 BTC with collateral.
Post by: tradwra on December 21, 2020, 10:21:24 AM
The collateral also include source code. once default the loan, lender can sell it with whole project.
To be honest i hope find an buyer who can continue to manage this project. but now only lend choice.


Title: Re: require loan 0.1 BTC with collateral.
Post by: jonsi on December 21, 2020, 11:07:17 AM
The collateral also include source code. once default the loan, lender can sell it with whole project.
To be honest i hope find an buyer who can continue to manage this project. but now only lend choice.

So you admit that the lender will have to sell the project.
And if you are unable to find a buyer, the lender will surely not find it either.


Title: Re: require loan 0.1 BTC with collateral.
Post by: examplens on December 21, 2020, 08:50:19 PM
The collateral also include source code. once default the loan, lender can sell it with whole project.
To be honest i hope find an buyer who can continue to manage this project. but now only lend choice.

you are actually trying to sell your website through loan collateral. I don't think that's the way it goes.
Also as you can see, no one is even interested in your site which is btw worth max $10-20.
Your website, in order to be worth something, must meet many requirements like user base, way of monetization, good SEO position... and you have none of that. Only unknown script installed there even I am not sure what is his purpose and how they can help other people when using it.


Title: Re: require loan 0.1 BTC with collateral.
Post by: arwin100 on December 25, 2020, 11:22:22 PM
The collateral also include source code. once default the loan, lender can sell it with whole project.
To be honest i hope find an buyer who can continue to manage this project. but now only lend choice.
That means that you don't have any plans to pay your loan and just leave your website to the lender which is not a good at all, remember they lend money and expect to get their money back with certain in returns.

Don't make them sell your project since in the first place you struggle to sell it  and since no one got an interest to buy it better to sell it at much cheaper price to see if someone will show a interest to buy your website.


Title: Re: require loan 0.1 BTC with collateral.
Post by: tradwra on December 30, 2020, 07:47:41 AM
0.025 BTC if someone can take over it. PM


Title: Re: require loan 0.1 BTC with collateral.
Post by: condoras on December 30, 2020, 12:23:43 PM
0.025 BTC if someone can take over it. PM

After all the advice and suggestions of members here, you insist to try to sell your domain through a loan. I suggest to lock it now and move on.


Title: Re: require loan 0.1 BTC with collateral.
Post by: examplens on December 30, 2020, 12:51:36 PM
0.025 BTC if someone can take over it. PM

After all the advice and suggestions of members here, you insist to try to sell your domain through a loan. I suggest to lock it now and move on.

the value of this domain rapidly drops. From 0.1 to 0.025 in just 10 days.
I am wondering, whether he would get any offer even if he asked 0.001 BTC for this domain and website. Probably no.


Title: Re: require loan 0.1 BTC with collateral.
Post by: condoras on December 30, 2020, 01:15:33 PM
the value of this domain rapidly drops. From 0.1 to 0.025 in just 10 days.

Probably because it's a "dump a run" situation? ;D

I am wondering, whether he would get any offer even if he asked 0.001 BTC for this domain and website. Probably no.

Maybe if we were back in ~2015 but unfortunately for OP, we are going straight to 2021, and new ATH's will come faster than anyone thinks. So 0.001BTC for this, it's out of the question. At least as I see it... 8)