Bitcoin Forum

hi guys im looking for a small loan if anyone can help me heres what im asking, and thanks to you if you can help me

amount requested: 0.05
collaterol: btctalk account
payback: no more then 7 days
interest: 5% per day
address to recieve loan: 18uS7oAVPW7Lq83hoBne1gYao1isvyawsG

any collateral?

He is offering his account as collateral but I don't think it will be worth 0.05BTC if you're planning on selling it.

@OP: Can you provide better collateral?

   ~~MZ~~

People simply do not understand that 90% of BCT accounts are not worth anything as collateral...

Just to be clear that interest rate results in a final total after 7 days of 0.07035502 or ~20% interest on 7 days.

At 15 days you would be paying back double what you asked for originally.

5% daily could get out of hand quickly, and accounts don't count for much in terms of collateral anymore. Unless it's a rather established account it doesn't take long to rack up 100 posts.

if its Full Member and above they have a value

yes I don't need the loan for more then a few days so the 5℅ interest isn't a problem for me, I really don't have anything for collaterol just my btc talk account, hopefully someone can help me out with this small btc loan