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Title: Doubt about the account collateral. Post by: letyouearn on November 05, 2014, 05:57:57 PM If i want to lend some bitcoins amount, and i provide my account as collateral. Do i have to give my personal mail id access also which is linked with this bitcointalk account .
OR just bitcointalk forum account userid and password only. Plz clear my doubt. Title: Re: Doubt about the account collateral. Post by: marcotheminer on November 05, 2014, 06:17:04 PM If I were loaning you for this specific collateral I would ask for your password, that's it. It woudl then be up to the escrow/lender to change the details (including the email address) for the duration of the loan.
I would recommend having the account placed in escrow unless you trust the lender with your account. Title: Re: Doubt about the account collateral. Post by: 21coin on November 05, 2014, 06:32:22 PM once they have password they can change your email
so all you need to give is your password, no need to give them access to your email account Title: Re: Doubt about the account collateral. Post by: letyouearn on November 06, 2014, 06:55:14 AM once they have password they can change your email so all you need to give is your password, no need to give them access to your email account If I were loaning you for this specific collateral I would ask for your password, that's it. It woudl then be up to the escrow/lender to change the details (including the email address) for the duration of the loan. I would recommend having the account placed in escrow unless you trust the lender with your account. If its possible to just handover the bitcointalk forum account userid and password and the lender can change the mail id only. Then i can lend easily. Title: Re: Doubt about the account collateral. Post by: letyouearn on November 06, 2014, 07:00:18 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked .
Title: Re: Doubt about the account collateral. Post by: Vod on November 06, 2014, 07:01:53 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . You don't need to. The owner of an account can change the email address with no verification. Title: Re: Doubt about the account collateral. Post by: MadZ on November 06, 2014, 07:06:16 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. Title: Re: Doubt about the account collateral. Post by: letyouearn on November 06, 2014, 07:13:26 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. If the email id linked with this account can be changed without verification. Then How can i recover my account password. How is it possible for me to recover my account again.? Title: Re: Doubt about the account collateral. Post by: Vod on November 06, 2014, 07:15:48 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. If the email id linked with this account can be changed without verification. Then How can i recover my account password. How is it possible for me to recover my account again.? You cannot recover it. Once you pay off your loan, the owner of the account would have to give it back to you. Title: Re: Doubt about the account collateral. Post by: letyouearn on November 06, 2014, 07:18:01 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. According to Vod, There is no need to handover my personal email account access. When the lender can change my mail id without verification. Title: Re: Doubt about the account collateral. Post by: Vod on November 06, 2014, 07:19:17 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. According to Vod, There is no need to handover my personal email account access. When the lender can change my mail id without verification. Correct. You do not need to hand over your personal email account. When the lender (or collateral holder) gets your account password, he/she will change the email address. When you pay off the loan, they will give you the account password - you can login and change the email address back. Title: Re: Doubt about the account collateral. Post by: letyouearn on November 06, 2014, 07:30:28 AM i am not able to handover my personal email id access to lender. Because, without this mail account, my every work on internet will get stucked . Well, as long as this account is linked to that email, there is no way your account could securely be held as collateral. You could recover it whenever you wanted to from this email, which I'm sure you would agree would make it worthless collateral. According to Vod, There is no need to handover my personal email account access. When the lender can change my mail id without verification. Correct. You do not need to hand over your personal email account. When the lender (or collateral holder) gets your account password, he/she will change the email address. When you pay off the loan, they will give you the account password - you can login and change the email address back. Vod, Thanks a lot for clearing my all the doubts about the account collateral. Now i don't have a single doubt about it. |