Bitcoin Forum

Economy => Lending => Topic started by: AmXProX on December 14, 2017, 12:35:50 PM



Title: .03 BTC loan with collateral
Post by: AmXProX on December 14, 2017, 12:35:50 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


Title: Re: .03 BTC loan with collateral
Post by: UpsilonTrooper on December 14, 2017, 01:30:29 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


When do you plan to return the BTC?


Title: Re: .03 BTC loan with collateral
Post by: Lone Shark on December 14, 2017, 03:26:54 PM
Please post it here http://tiny.cc/Loan. I'll evaluate your request.


Title: Re: .03 BTC loan with collateral
Post by: Vod on December 14, 2017, 03:32:38 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


When do you plan to return the BTC?

He doesn't.  This is a sale, not a loan.


Title: Re: .03 BTC loan with collateral
Post by: Lone Shark on December 14, 2017, 03:35:37 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


When do you plan to return the BTC?

He doesn't.  This is a sale, not a loan.

I believe he already stated when he plans to return to, which is 30 days.

2880 POT coins @ 1900 Sat = 0.054 BTC

Which is above 120% as collateral. I think if he wanted to sell this then he would have taken the 54mBTC than a 30mBTC loan.


Title: Re: .03 BTC loan with collateral
Post by: AmXProX on December 14, 2017, 03:48:24 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


When do you plan to return the BTC?

He doesn't.  This is a sale, not a loan.

OP clearly states the duration of the loan and if it is a sale I would rather sell it now on bittrex where I could get more. 120% of the loan is down to a price of 1500 sats better do your math before replying to a post.


Title: Re: .03 BTC loan with collateral
Post by: AmXProX on December 14, 2017, 03:50:01 PM
Please post it here http://tiny.cc/Loan. I'll evaluate your request.

can't reach that link.


Title: Re: .03 BTC loan with collateral
Post by: UpsilonTrooper on December 14, 2017, 04:16:51 PM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


When do you plan to return the BTC?

He doesn't.  This is a sale, not a loan.

I believe he already stated when he plans to return to, which is 30 days.

2880 POT coins @ 1900 Sat = 0.054 BTC

Which is above 120% as collateral. I think if he wanted to sell this then he would have taken the 54mBTC than a 30mBTC loan.

Oh I missed that, I asked the question more because "prefer someone who will put the coin on an exchange and auto sell it @ 3000sats" this line made it sound like an indefinite loan until the coin is worth 3k sats.


Title: Re: .03 BTC loan with collateral
Post by: mafia15 on December 15, 2017, 12:15:28 AM
Really?


Title: Re: .03 BTC loan with collateral
Post by: Vod on December 15, 2017, 06:18:16 AM
Really?

Thank you to the shitposters that make themselves easy to identify.



Title: Re: .03 BTC loan with collateral
Post by: magneto on December 15, 2017, 09:59:14 AM
Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C  (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.


prefer someone who will put the coin on an exchange and auto sell it @ 3000sats


Can fill your loan request as long as i get to either sell the potcoin when the value drops below 110% of the loan value or i'll just put a stop loss order on an exchange of your liking. Either way i'm fine with as long as the exchange is legit and all.

And yeah i can place the order at 0.00003 as well though just keep in mind that bittrex cancels orders over 28 days now.

Interest we can negotiate in private, let me know if lone shark doesnt get back to you or something. Otherwise totally fine with him filling it as well, don't mind at all.


Title: Re: .03 BTC loan with collateral
Post by: nikisev on December 19, 2017, 06:43:41 AM
Really?

that was my first reaction too.
You have lending on BFX and you have margin leverage on BitMEX. Why bother asking for loans here?
Im not judging, if its profitable good for you, man. Im just interested why not use some technology?