Bitcoin Forum

i have 397000 Super coins currently worth 7BTC

i require a 5BTC loan

COLLATERAL will only be held by someone who has dealt with large sums

duration for loan is 7 days but i will aim to have it re-paid within 24-48 hours as i;d really like my collateral back


if you could recommend a person who has dealt with escrow of 20btc+ id appreciate it.

i don't mind taking of newbie's but there is no way you are getting collateral so don't waste my time and yours by asking

terms of loan have changed due to price fall,

the loan required can be easily be recovered at the current prices, plus order book on bittrex has sufficent ammount

im willing to pay a little more interest if someone is willing to lend me the btc. if lender is worried it may fall futrther, i would just need 48hours to clear the loan off myself, you can see my history i am legit.

hope this helps in deciding

https://bitcointalk.org/index.php?topic=602041.msg7134653#msg7134653

donated 15000 coins to VRC,

https://bitcointalk.org/index.php?topic=597152.msg6665549#msg6665549

paid for service

thanks for looking

Hi, that is quite the sum.
I can cover this loan up to 1.5 BTC, my interest is 0.9% daily.

I'll accept any trusted escrow of this forum.

thanks i shall wait for other's until i decide to make up the loan from multiple lenders or one.

Be advised:

https://bitcointalk.org/index.php?topic=652351.0

be sure to read the whole thread

GUYS do not contact me asking me to give the collateral to you. i have clearly stated i shall keep collateral in escrow

if you are interested in providing a loan do not PM me post on the thread

Anyone who takes super as collateral and has a third part hold it will surely lose!

If it was a tried and tested coin, then sure... but super can die today for all we know, the lender needs to have control over the collateral to protect the loan, I don't understand why people expect to borrow our btc but not allow us to hold the collateral.

Seems fucked, we can trust you to loan you btc, but you cant trust us to hold your coin..

Seems a little assbackwards to me!

ofcourse i wouldn't trust you just like the way you wouldn't trust me. would you send btc 1st.

im not forcing anyone, if you want to go ahead if not don't the lender will look into super coin before giving it. if he/she ok in doing this then great but  no chance am i giving my collateral to someone with little history.

can we not continue this conversation, i don't want the thread to be filled with this. the term are in the op, if you are ok with it, il be happy to work together,but i am not going to give my collateral to you unless you have some serious rep

Not really, when dealing with unstable coins one may always tell the escrow to place a SELL order for the collateral on a given exchange if price goes too low. Also never accept collateral which amounts to more than 20% of the market.

well, in that case I guess its ok. The escrow must have sell orders placed though.

Which is something I recommend in any case.

Eh, currently Supercoin buy offers are at around 0.00003 BTC or less.  Not sure where you are getting the 17 BTC worth from, which exchange are you talking about?  With the exchanges I see, it'll be worth ~13 BTC or less.

I can act as escrow for this loan, my usual fee is 1% but it is negotiable.

Thanks!

For a decent sized loan...I would use TomatoCage/escrow.ms they escrow large deals often.  Monbux seems to ask to escrow in every thread he posts in...kinda seems shady to me.  You should ask an escrow...not them asking you IMO.

Very true :)  I am not as trusted as those big escrows out there, and I guess using them would be more safe.  I simply mention these in my posts to get the word out. If it seems a bit shady, don't go there :P

I am just "advertising" my escrow services, I think I should probably stop it now lolz.  But I receive multiple PMs every day regarding escrow, not from advertising.

Please don't get me wrong, I do not think you would scam.  It just seems odd to me that you offer so much (I cant help but think that way on these boards).

its what required on these forums, plus its a altcoin so it carries risk, im up for not giving my entire holding. i can easily sell my holding now and get more than 10btc, but i prefer to hold it, as i know i can't buy back the same amount quickly. took me 1.5days to accumulate it slowly

ya you also "advertise" in no-collateral loan threads. as if those people want your escrow service.

Blazeout is right. this is too sketchy.  :-\

Wrong, I have used him for escrow and when ever I am selling something I list him as my preferred escrow, the guy is offering a service for which he makes a small margin, the magic word here is "service" and as it makes him a little of coarse he is going to advertise where ever he can.

Just because he advertises a lot does not make it a scam or sketchy, me bumping my advertising thread where people pay me to advertise for them is that also considered a scam ? No of coarse not.

The lending forum has got everyone so paranoid its getting beyond a joke, no one can say/type anything on here with out it being labelled as dodgy/scam/sketchy.

People should just do their due diligence and stop looking at everything and everybody as a scam !

Cheers
Mark

Thanks for that mark.  That user is an alt-account, probably someone I pissed off :P  So don't mind him.
Oh a side note, this will be my last escrow advertisement for now(hehe):  I'll be offering free escrow services for a limited time soon*. Cheers!

No worries it just pisses me off when people slate others with no proof or even knowledge of him/her.

Its that crap that has caused so much trouble today for supercoin and even silkcoin, one post on the forum and panic sets in and wipes 75% off the value, costing people £xxxx's of money, anmd whilst I am on the subject of supercoin which after all is the collateral being offered, the price will rise again, I think whilst the crazy man from the exchange was trying to protect its users, he has got this one wrong and has caused a lot of trouble.

Cheers
Mark

terms of loan have changed due to price fall,

the loan required can be easily be recovered at the current prices, plus order book on bittrex has sufficent ammount

im willing to pay a little more interest if someone is willing to lend me the btc. if lender is worried it may fall futrther, i would just need 48hours to clear the loan off myself, you can see my history i am legit.

Current collateral is insufficient to cover minimum 120% requirement.

You ask for 7 BTC which currently could be placed at 700000 SUPER, add 20% to that and you have 840000 SUPER minimum.
Please point me to an exchange where 397000 SUPER are worth 7 BTC.

on bittrex, for you to recover your loan the price would need to be above 1300. currently 2.61btc buy orders above that price, but i strongly believe that it should be trading higher and is curretly down just due to poloniex mess which busoni caused. of course while lending can't be based on hope or IF, only facts. thats why i said i am willing to pay a bit more interest, if a lender takes the risk. i have said in 48hours i can cover the loan myself so regardless what happens, the loan will be covered. i have provided a bit of my history to show im legit, but at the end of the day its up to the lender.

I'm able to provide this loan if another form of collateral was used. I never accept unstable coins as collateral for more stable coins.

I do, but I enforce my call rule... if the price drops below loan value + accrued interest + selling fees I'll immediately seize the collateral.
Also I can't provide more than 1 BTC.

If that's ok with you bitcoinwonders010 then we can start.

yes agree its difficult to get a loan with unstable collateral, but i know how long it took me to get the coins. if you check the coin out, you will know why it dropped, because of silly mistake by a exchange owner who read the code wrong. i hoping this time next week the coins are worth 5 times what they are now.

how much collateral would you require for 1btc

I can loan you 1BTC for 350K super, I hold the coins and I want 50% interest over the 7 days. If super tanks I'll sell it to recoup my loan and you'll be off the hook for repayment.

no thanks i told you before im not gonna give you the collateral

70000 SUPER, but I suggest you put more as it is very volatile. it is in YOUR best interest.

 ;)

I'm just trying to set the bar high for others!

il put in 100k, im confident it will go up but if it makes you feel secure of the loan im cool with that. your ok with me giving it in escrow right

also how much would i pay back

Sure, you pay fee and has to be a trusted member. Like Monbux or DannyHamilton.

I charge 0.9% daily non compounded,  so 6.3% for a week. If you keep it active for less you pay less  :)

cool il contact danny hamilton, ive heard good stuff about him plus i can reach him much quicker if i want to pay early. one question say i want to pay the loan back and your not online. would i just pay dannyhamilton and will he release my coins back to me, and give you your payment when your online

Yes!

I have no issues with that, but you must ask him if he is willing to do this AND hold SUPER coins AND sell them at market price if SUPER drops.

EDIT: Wait... this is a non-issue.
I am going to provide a brand new BTC address to you for repayment and not going to change it under any circumstance, no matter how many Killerloop' or Killerloop'' ask you.

Once the transaction gets 3 confirmations the escrow may release your collateral. My presence is not required.

nice my collateral now worth 21btc,

Are you still looking for the loan?

i am looking for 3btc, but not sure yet, i don't want to sell out of super coin nor give it as collateral, as news is coming tomorrow, or sunday which should send it sky rocketing so don't want to risk it being in escrow.

if it wasn't for busoni it would be worth over 40btc

As long as the escrow keeps 120-130% of the equivalent amount of lent BTC I am happy. So, if you give X SUPER as collateral and its value doubles I'll let the escrow release half of it. Or the whole loan if you repay early.

Please note that the market may shift after your withdraw and force a call of the remaining collateral.