Bitcoin Forum

Economy => Lending => Topic started by: euzk64 on January 13, 2021, 11:19:12 AM



Title: Loan of 2,1Btc
Post by: euzk64 on January 13, 2021, 11:19:12 AM
Hello,

Is a loan of 2,1Btc possible now for 1st half 2021 until return in 2024 ?

I own Uco and Satt coins with good potential ( estimated between 8 And 10 Btc actually) and i think i can return more than 2,1Btc in few years...

So how it work if possible ?

Thanks for your replies


Title: Re: Loan of 2,1Btc
Post by: condoras on January 13, 2021, 12:29:00 PM
Hello,

Is a loan of 2,1Btc possible now for 1st half 2021 until return in 2024 ?

I own Uco and Satt coins with good potential ( estimated between 8 And 10 Btc actually) and i think i can return more than 2,1Btc in few years...

So how it work if possible ?

Thanks for your replies

The tokens that you offer don't have any value at the moment, even if you might think that will have in the upcoming years.
So without valid collateral (https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902) nothing is possible.


Title: Re: Loan of 2,1Btc
Post by: actmyname on January 13, 2021, 06:37:43 PM
The tokens that you offer don't have any value at the moment, even if you might think that will have in the upcoming years.
Someone might want to punt for the token. UCO, from what I saw, has incredibly low volume, and if that makes up the bulk of the collateral, then I don't think the loan will be filled. The SaTT token, in comparison, has much more and might have some volatile value.

The loan terms that I would deem favorable would be heavily restrictive: you would probably need to tie up a significant amount of collateral, much more than the typical 120%, and you'd be looking at a possible liquidation event due to the unreliability of the token given its relative recent increase in volume.