Bitcoin Forum

Economy => Lending => Topic started by: bitcoinwonders010 on May 13, 2014, 04:14:03 PM



Title: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 04:14:03 PM
looking for a loan of 5btc.

offering collateral worth 7btc

20,000 DRM at current price

before anyone contact's me i will give my collateral to vod or tomato cage.


Title: Re: Loan REQUIRED collateral offered
Post by: austin on May 13, 2014, 05:16:22 PM
looking for a loan of 5btc.

offering collateral worth 7btc

20,000 DRM at current price

before anyone contact's me i will give my collateral to vod or tomato cage.
When will you be repaying this loan?


Title: Re: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 05:40:01 PM
i can repay loan in 10 days


Title: Re: Loan REQUIRED collateral offered
Post by: deadley on May 13, 2014, 06:19:24 PM
how much interest are you want to pay.


Title: Re: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 06:21:40 PM
how much interest are you want to pay.

the lowest possible, lol.


Title: Re: Loan REQUIRED collateral offered
Post by: 1Referee on May 13, 2014, 07:55:37 PM
I can give you this loan, and I will agree that you give the collateral to Vod.

28 day loan -> 5BTC
Interest -> 25%
Repay amount -> 5BTC + 25% = 6.25BTC


Title: Re: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 08:16:13 PM
I can give you this loan, and I will agree that you give the collateral to Vod.

28 day loan -> 5BTC
Interest -> 25%
Repay amount -> 5BTC + 25% = 6.25BTC

 i do not require it for that long i require it for 10 days only



Title: Re: Loan REQUIRED collateral offered
Post by: 1Referee on May 13, 2014, 08:22:23 PM
I can give you this loan, and I will agree that you give the collateral to Vod.

28 day loan -> 5BTC
Interest -> 25%
Repay amount -> 5BTC + 25% = 6.25BTC

 i do not require it for that long i require it for 10 days only



14 day loan -> 15% interest, does that sound fair to you ?

5BTC + 15% = 5.75BTC to repay


Title: Re: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 08:33:33 PM
I can give you this loan, and I will agree that you give the collateral to Vod.

28 day loan -> 5BTC
Interest -> 25%
Repay amount -> 5BTC + 25% = 6.25BTC

 i do not require it for that long i require it for 10 days only



14 day loan -> 15% interest, does that sound fair to you ?

5BTC + 15% = 5.75BTC to repay


make it 10% and we have a deal. total to repay 5.50btc


Title: Re: Loan REQUIRED collateral offered
Post by: 1Referee on May 13, 2014, 08:57:20 PM
I can give you this loan, and I will agree that you give the collateral to Vod.

28 day loan -> 5BTC
Interest -> 25%
Repay amount -> 5BTC + 25% = 6.25BTC

 i do not require it for that long i require it for 10 days only



14 day loan -> 15% interest, does that sound fair to you ?

5BTC + 15% = 5.75BTC to repay


make it 10% and we have a deal. total to repay 5.50btc

15% is a minimum for me sorry, the risk of the collateral to go down quite a bit is too high.
If you had LTC as collateral I would do 10%.

BTW : What are you going to do with the loan ?

You can wait for austin to make you an offer, perhaps that fits you better.


Title: Re: Loan REQUIRED collateral offered
Post by: Vod on May 13, 2014, 09:44:43 PM
Vod does not deal in "DRM".  Vod will not take this collateral. 


Title: Re: Loan REQUIRED collateral offered
Post by: austin on May 13, 2014, 10:15:11 PM
15% is a minimum for me sorry, the risk of the collateral to go down quite a bit is too high.
If you had LTC as collateral I would do 10%.

BTW : What are you going to do with the loan ?

You can wait for austin to make you an offer, perhaps that fits you better.
I was considering it, but I don't feel comfortable risking five bitcoin on an altcoin that was created a week ago. Maybe there is someone who feels confident enough in the coin to give you this loan.


Title: Re: Loan REQUIRED collateral offered
Post by: bitcoinwonders010 on May 13, 2014, 10:20:26 PM
its no problem. if vod not able to take collateral, i shall not risk it being sent elsewhere. thanks for the interest guys.