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Title: Looking for 1.3 BTC collateral Post by: lucates on January 05, 2015, 10:16:28 AM I need a loan 1.3 BTC at one month.
Return: 1.5 BTC Collateral: picture ID card Purpose: electricity bill Title: Re: Looking for 1.3 BTC collateral Post by: Bitcoin_BOy$ on January 05, 2015, 01:13:30 PM Anyone one can take a capture of an id card :-\ . plus you can photoshop it .
This can't be a colletoral . Fraud prevent Title: Re: Looking for 1.3 BTC collateral Post by: redsn0w on January 05, 2015, 01:14:44 PM I need a loan 1.3 BTC at one month. Return: 1.5 BTC Collateral: picture ID card Purpose: electricity bill Picture id card is not a valid collateral , can you provide a valid collateral ? Title: Re: Looking for 1.3 BTC collateral Post by: lucates on January 05, 2015, 01:33:11 PM I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible.
I add a bill for the internet to confirm my address. Title: Re: Looking for 1.3 BTC collateral Post by: Magic8Ball on January 05, 2015, 01:35:34 PM I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible. I add a bill for the internet to confirm my address. Your intentions may be good, but what happens if you are unable to pay? The photo ID is useless to the lender in that situation. Collateral needs to be something that the lender can liquidate to recover the loan+interest in case of default. Title: Re: Looking for 1.3 BTC collateral Post by: lucates on January 05, 2015, 01:44:27 PM I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible. I add a bill for the internet to confirm my address. Your intentions may be good, but what happens if you are unable to pay? The photo ID is useless to the lender in that situation. Collateral needs to be something that the lender can liquidate to recover the loan+interest in case of default. I do not have anything like that. If I had I would have sold it. Title: Re: Looking for 1.3 BTC collateral Post by: josef2000 on January 05, 2015, 11:24:13 PM So dont borrow that mich btc then ;)
Title: Re: Looking for 1.3 BTC collateral Post by: monbux on January 05, 2015, 11:27:10 PM Not a valid collateral.
What is a collateral? Let me google that for you: http://lmgtfy.com/?q=collateral+definition Title: Re: Looking for 1.3 BTC collateral Post by: jonald_fyookball on January 06, 2015, 01:24:43 AM please change the title of the post.
ID is not collateral. Title: Re: Looking for 1.3 BTC collateral Post by: jeffersonairplane on January 08, 2015, 12:28:28 AM Collateral: picture ID card sorry, you'll have to do better than that. nobody can confirm if the ID you have is even real. And what if you default? loaner will have your picture ID to do what? sell it for a few bucks on the blackmarket? Doubtful. |