Bitcoin Forum

Economy => Lending => Topic started by: BayAreaCoins on November 17, 2014, 08:24:49 AM



Title: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: BayAreaCoins on November 17, 2014, 08:24:49 AM
Loans or lines of credit.

Just curious what the "normal" fees are.


Thanks :)


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: BitcoinOrigins on November 17, 2014, 01:06:18 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: Jybrael on November 17, 2014, 01:07:03 PM
I have seen people giving out for 20% interest rate mostly so I think yeah that is normal.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: marcotheminer on November 17, 2014, 01:07:41 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

Depending on the size of the loan, I offer much lower rates occasionally.

Are you looking for a loan BAC?


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: 1Referee on November 17, 2014, 01:36:56 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks :) The higher the amount the lower the interest will be.

Does any one know what the largest amount is that some one loaned here and at which rate ?


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: marcotheminer on November 17, 2014, 02:39:41 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks :) The higher the amount the lower the interest will be.

Not necessarily, in fact the point that "we are not banks" should actually increase interest due to the risk associated with lending BTC. Often, interest rates should be around the same as banks' if not, a bit lower. Users prefer to be loaned straight in BTC usually though.

Does any one know what the largest amount is that some one loaned here and at which rate ?

In terms of USD or BTC? Several years ago, thousands of BTC were loaned out out once quite possibly most likely at 5% to 20% interest. Nowadays, average loans range from 0.01BTC ($4) to 3BTC ($1200) on average.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: MadZ on November 17, 2014, 03:17:30 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks :) The higher the amount the lower the interest will be.

Does any one know what the largest amount is that some one loaned here and at which rate ?

Here is a recent 17.5 btc loan which was done at a rate of 1.75% per week (https://bitcointalk.org/index.php?topic=701592.msg8933723#msg8933723).


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: 1Referee on November 17, 2014, 06:11:09 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks :) The higher the amount the lower the interest will be.

Does any one know what the largest amount is that some one loaned here and at which rate ?

Here is a recent 17.5 btc loan which was done at a rate of 1.75% per week (https://bitcointalk.org/index.php?topic=701592.msg8933723#msg8933723).

That's what I call a huge loan in recent terms.

Takes quite a bit risk when lenders accept altcoins as collateral, especially when you see coins easily lose 30% in just a few hours.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: marcotheminer on November 17, 2014, 07:49:50 PM
10-20% is normally what people ask for it shouldn't matter how much they are loaning.

LOL? 10-20% for a 1000BTC loan? Nah. Lenders here are not banks :) The higher the amount the lower the interest will be.

Does any one know what the largest amount is that some one loaned here and at which rate ?

Here is a recent 17.5 btc loan which was done at a rate of 1.75% per week (https://bitcointalk.org/index.php?topic=701592.msg8933723#msg8933723).

That's what I call a huge loan in recent terms.

Takes quite a bit risk when lenders accept altcoins as collateral, especially when you see coins easily lose 30% in just a few hours.

Not really, physical collateral was taken in the form of silver.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: BayAreaCoins on November 17, 2014, 07:58:47 PM
Thanks fellas.

Yes I'm slightly considering a loan because I want to play BTC markets, but fucking silver prices are just too cray atm for me to liquidate any and a few other large ticket items I hold.

More just window shopping than anything though atm.


Title: Re: What kind of % are people wanting for 1BTC, 10BTC, 100BTC and 1000BTC loans?
Post by: Welsh on November 17, 2014, 08:45:41 PM
With decent collateral & a good enough reason, I'm willing to lend with 0% interest. I've done it in the past to people I respect to others who needed a little help.