Bitcoin Forum

Economy => Lending => Topic started by: HanFX on January 14, 2023, 09:33:39 PM



Title: I need a $370 loan - (I added more domains)
Post by: HanFX on January 14, 2023, 09:33:39 PM
Loan Amount: $370
Loan Purpose: Personal and Business
Loan Repay Amount: $500
Loan Repay Date: within one month
Type of Collateral:
  Website: "*********.com" I'll transfer ownership of the domain
  Domains: I'll transfer ownership for these domains
  • ******.com
  • *********.com
  • ******.com
  • ********.org
  • ****.com
  • *****.com
  • ******.com
  • *****.io
  • ********.com
  • **********.com

BTC address: bc1q493qpwkyg63lkgjdy6zqpch6737mxxfam6739y


Title: Re: I need a $370 loan
Post by: franckuestein on January 15, 2023, 04:36:52 PM
Loan Amount: $370
Loan Purpose: Personal and Business
Loan Repay Amount: $500
Loan Repay Date: within one month
Type of Collateral:
  Website: I'll transfer ownership of the domain
  Domains: I'll transfer ownership for 5 domains
  I'll send them to your inbox
BTC address: bc1q493qpwkyg63lkgjdy6zqpch6737mxxfam6739y

Hi, what are the domains that you propose as collateral? They normally have a price of about 20$. If they're not interesting, its value is not even half of what you request...


Title: Re: I need a $370 loan
Post by: HanFX on January 15, 2023, 05:03:30 PM
domain names and website
PM sent


Title: Re: I need a $370 loan
Post by: franckuestein on January 15, 2023, 06:12:30 PM
domain names and website
PM sent

I think it would be better if people knew all these details publicly and in advance. After all, you are a Newbie account without trust making the request. People shouldn't go after that information.

Good luck!


Title: Re: I need a $370 loan
Post by: HanFX on January 15, 2023, 06:21:53 PM
I think it would be better if people knew all these details publicly and in advance. After all, you are a Newbie account without trust making the request. People shouldn't go after that information.

Good luck!

You are alright, Thanks for your advice. I'll edit and add more information.


Title: Re: I need a $370 loan
Post by: examplens on January 16, 2023, 09:02:46 PM
don't bother.
all your domains are offered for sale. In a best-case scenario, you might be able to sell them for some money (certainly not for $370). I believe that if you had any offers, you would sell them immediately.
in order for them to be valid collateral, the lender must be able to cash out them in the short term in case you do not repay the loan. that is not possible here.
You are not the first who's trying to sell a domain through a loan.


Title: Re: I need a $370 loan
Post by: HanFX on January 16, 2023, 11:08:43 PM
don't bother.
all your domains are offered for sale. In a best-case scenario, you might be able to sell them for some money (certainly not for $370). I believe that if you had any offers, you would sell them immediately.
It's not only domains. and I can add another site but it's not in English.

Quote
in order for them to be valid collateral, the lender must be able to cash out them in the short term in case you do not repay the loan. that is not possible here.
You are not the first who's trying to sell a domain through a loan.
I understand this point. because of this, I'll add more domains. I hope this is will be enough to be valid collateral.


Title: Re: I need a $370 loan - (I added more domains)
Post by: UserU on January 17, 2023, 12:45:41 PM
don't bother.
all your domains are offered for sale. In a best-case scenario, you might be able to sell them for some money (certainly not for $370). I believe that if you had any offers, you would sell them immediately.
It's not only domains. and I can add another site but it's not in English.

Quote
in order for them to be valid collateral, the lender must be able to cash out them in the short term in case you do not repay the loan. that is not possible here.
You are not the first who's trying to sell a domain through a loan.
I understand this point. because of this, I'll add more domains. I hope this is will be enough to be valid collateral.

You can't offer domains as valid collaterals. Most of us know that the owner could always wrest back the ownership from the hoster(s) under the pretense of "getting hacked"


Title: Re: I need a $370 loan - (I added more domains)
Post by: HanFX on January 17, 2023, 04:49:46 PM
You can't offer domains as valid collaterals. Most of us know that the owner could always wrest back the ownership from the hoster(s) under the pretense of "getting hacked"
No, this is not correct when domain ownership is transferred, It can't back again through the registrar by the old owner.


Title: Re: I need a $370 loan
Post by: DireWolfM14 on January 17, 2023, 08:42:44 PM
in order for them to be valid collateral, the lender must be able to cash out them in the short term in case you do not repay the loan. that is not possible here.
You are not the first who's trying to sell a domain through a loan.
I understand this point. because of this, I'll add more domains. I hope this is will be enough to be valid collateral.

Obviously you don't understand his point; you've been trying to sell domains on this forum for 6 years and as far as I can tell you haven't sold a single one.   More worthless domains don't add value to valueless collateral.

I suggest you lock this thread, and focus on getting the money you need some other way.  This loan request isn't likely to end well.


Title: Re: I need a $370 loan
Post by: HanFX on January 17, 2023, 08:58:49 PM
in order for them to be valid collateral, the lender must be able to cash out them in the short term in case you do not repay the loan. that is not possible here.
You are not the first who's trying to sell a domain through a loan.
I understand this point. because of this, I'll add more domains. I hope this is will be enough to be valid collateral.

Obviously you don't understand his point; you've been trying to sell domains on this forum for 6 years and as far as I can tell you haven't sold a single one.   More worthless domains don't add value to valueless collateral.

I suggest you lock this thread, and focus on getting the money you need some other way.  This loan request isn't likely to end well.
I'm not trying to sell anything in this thread, the site age is about 5 years, and earned from an Amazon affiliate before. I paid more $200 to writers on Fiverr.
anyway, as you said, " This loan request isn't likely to end well." I'll lock this thread.
Thank you for all your replies