Bitcoin Forum

i want to ask., can i getting loan.?
if i need loan 5-7 BTC to grow up my ltcgear share, and my calculation i can pay back loan in 3 month + interest 5%/month, but if i can't in 3 month i will pay back in in 4 month.
but i only have my ltcgear account as collateral. can i???

no

emmm, ok..
thanks for respond, even if you are not interested.

Nobody will give you this loan.

yeah,, maybe yes or maybe no...
who really know, i just wait to see.. ;) ;D :-*

but why do you think nobody will help me..?? just curious

Let me get it straight, you want a loan to buy LTCgear shares and keep those shares as collateral?

Because you don't have collateral.

actually i have collateral, i have laptop, smartphone, motorcycle.
if that can get loan from that, i will make that my collateral..
what i mean, in the case if you don't believe me, i can make my ltcgear account to be my collateral.

You do realize you will have to send to escrow or the lender your collateral first?

It does not make any sense. The lender pays for LTCgear shares and gets those shares as collateral. Then if the loan along with interest is earned then the account is transferred, if not the lender suffers the loss.

I fail to see why the lender would lend that amount in the first place. If he wants to invest in LTCgear he can do so directly.

yes, what you mean 100% right. but i need loan to grow my ltc share....
and do you know way i make my account for collateral,
because if the lender dont believe me, the lender can take my account and that's clear... this not like i will scamming people over BTC..
i just need people who trust me want to landing their btc to me...

what should i do, to send my collateral to escrow, so they will lend me the btc i need..???

You need someone to take your offer first. Sometimes it takes a few days.

can i make my  ltcgear account as collateral,

I don't know how easy it is for you to recover it if you chose to say it was hacked.

I think he could potentially transfer the LTCgear shares that his account already has to escrow and the BTC would also be sent directly to the escrow for him to purchase. This would allow the lender to have more then 100% "coverage" on the loan.

I don't think shares can be recovered from a hacking claim because I have seen a number of scam allegation of people not paying for ltcgrear shares received and no reports of them being returned by ltcgear. Although I have not had any personal experience with them.

I think the biggest risk to the borrower is that LTCgear is an obvious ponzi, and that they have a huge number of shills selling shares in the digital goods section, and the shills seem to have now moved into the lending section to get people to "lend" them money for shares, only to default and have the lender holding what will become worthless shares

scam 100% :)

don't judge people so easily man, how can you saying i'm scam 100%
do you know me..???, or do we meet before..???, or we have transaction before..??
if not, just say, you dont want to help me, you don't believe with me and that's ok

emmm,, ok thk's for respons.
and now i little understand, why ltc gear account not good for collateral...

emmmm,,, so if like that..
now my collateral i have just trustworthy only.. because i don't have other collateral.
who i can send to escrow as collateral.. :(

Stop asking for a loan if you don't have sufficient collateral.

i can't stop for asking, because i  need BTC for growing up my share...
but thank you for interesting with this treate..  ;)