Bitcoin Forum

Name:btcdevil
Loan:0.03btc
repay:0.033btc
reason: personal
duration: 7 days
Collateral: Signed message from bitcointalk account wallet address.

Dude, that's not collateral at all. Signed message is simply a message that you can use to verify your ownership of that account. You can't sell a signed message in the market. ;D

I mean i am giving this account as collateral but as i am under signature campaign so i have to make post so i wont be able to give the details but i can give signed message with stating of giving this account as collateral against the loan.

It is not a collateral if you are not willing to give your log in details to escrow or the lender. Collateral is something the lender can sell incase you default so how can he sell your account if you failed to pay if you won't give it?

hi without collateral i don't think any one will provide that much loan ..also you are in camping if they find out that you taking loan you may be out of camping so be sure to check if allow this option

Exactly. No one is going to get the collateral eventually if you default as it can take around 30 days for theymos to reset the password and you could easily destroy it or start a scam in that time.
Also, you may be able to find a lender who will keep posting for you (as in you PM them as to where to post and what text to put and they can post your post for you as you wrote it). But that option is unlikely. However, it would be useful in this event.

And why i lender to do this?
To earn what? And why to make all this trouble?

Its true a way but i dont believe that anyone will do this...

If it's the only way that then lender could do it then it is a way in order to do it, not a good way, but a way.
Another way is the get the campaign manager to pay to the lender by signing a message from the address in the campaign. Which is another difficult way, but one that may work (but not as well as you don't have the collateral).

I am sorry but unless you release your account to be held for collateral, there will not be likely anyone willing to fund this loan for you.  You have no history of payback and no history of any loans taken before.  Sorry your signed message will not be enough.

I dont know the rate your signature is paying but i believe you are able to get those ammount if you wait those 7 days, instead trying to offer a signed message that is the same as nothing, those is used to make deals not to work as colateral, as already has been stated above.

I'll fund this loan if your willing to switch your signature campaign payments to my loan repayment address and are willing to give me your account if your unable to repay by 11 days. Also, a signed message isn't a valid collateral, since I can't sell the message.