Bitcoin Forum

Economy => Lending => Topic started by: darkrise on August 16, 2018, 08:47:41 PM



Title: Closed
Post by: darkrise on August 16, 2018, 08:47:41 PM
Closed


Title: Re: 0.0021 BTC Micro Loan with collateral - 2 weeks
Post by: mdayonliner on August 16, 2018, 08:51:00 PM
Why not just sell those coins and play with the money you get LOL

By the way, I am serious. Just sell those coins. If you win then buy back!


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: darkrise on August 16, 2018, 08:56:08 PM
closed


Title: Re: 0.0021 BTC Micro Loan with collateral - 2 weeks
Post by: darkrise on August 16, 2018, 08:59:15 PM
Why not just sell those coins and play with the money you get LOL

By the way, I am serious. Just sell those coins. If you win then buy back!

I tried to sell my CSM yesterday on here too, with no luck.

https://bitcointalk.org/index.php?topic=4899794.msg44204328#msg44204328


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: darkrise on August 17, 2018, 02:46:33 AM
guys why nobody is filling this for me?


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: bill gator on August 17, 2018, 02:57:02 AM
Nobody is filling this loan for you because there is nobody that sees your collateral as valid. These coins have like 1-2 BTC as their 24h volume, which is not attractive to anybody considering getting into the coin. Just because a coin is "supposed to be $1" is no indication that it will or will not drop further, so that's another invalid segment of your original request. Since you have these coins, I would just bite the bullet, buy 2 more coins in order to sell them and then be better off; that means anybody that is willing to accept this as valid collateral would have to undergo the same nonsense if they were forced to liquidate the collateral.

We aren't obligated to fill loans, most people just accept proposals that are attractive to them; nobody is desperate to loan you something.

Normally attempting to sell your collateral, prior to using it as collateral is a good sign you won't care to come back for your collateral. Good point, ThatRandom8543


Title: Re: 0.0021 BTC Micro Loan with collateral - 2 weeks
Post by: ThatRandom8543 on August 17, 2018, 03:20:46 AM
Hey guys, the title summarize my request in general but please look below to find some details:

Loan required: 0.0023 BTC
Repayment: 0.0026 BTC
Collateral:
8 CSM coins worth 0.042356 ETH on HITBTC equivelant to 0.00192 BTC
300 Avinoc Coins worth  0.027677 ETH listed on LAtoken and IDEX equivelant to around 0.00124 BTC

Total Collateral: 0.00192 + 0.00124 BTC = 0.00316 BTC . around 137% value of initial loan.

Its a micro loan so I hope I can get this quick.

Reason for loan: Pokerstars Gambling I have a relaxing day at home tomorrow.

Lending history on here: A micro loan taken from Parodium on: March 15, 2018, 03:56:15 was repaid within a few hours.


I know this micro loan is not profitable for lenders out there but I hope you could do it as a good luck charm, after all, you have nothing to lose.

Avinoc tokens are supposed to be at 1$ each so I doubt they can drop any further!





Why not just sell those coins and play with the money you get LOL

By the way, I am serious. Just sell those coins. If you win then buy back!

I tried to sell my CSM yesterday on here too, with no luck.

https://bitcointalk.org/index.php?topic=4899794.msg44204328#msg44204328   (http://archive.is/EWq3J)

This also shows you have no interest in the collateral if youre trying to sell it. This just shows youre trying to make a sale through a loan request.


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: bill gator on August 17, 2018, 03:59:39 AM
We are well aware that your account will receive a flood of negative feedback if you do not repay your loan and turn out to be a scammer. What you seem to be missing here, is that tons of people are willing to throwaway member accounts, such as yours, for small scams, such as this. It has happened in the past, it will happen in the future and nobody wants to roll the dice to find out if they're going to get screwed.


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: Vod on August 17, 2018, 04:57:50 AM
so you either miss the fact that my account is more valuable than 10$

That is not a fact at all.  :/


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: ThatRandom8543 on August 17, 2018, 05:51:14 AM
so you either miss the fact that my account is more valuable than 10$

That is not a fact at all.  :/

When i earn bounties and when i have an upcoming payment from a signature campaign worth 200$+, wouldnt that make the account value at least that?

Anyways, maybe you are right.

Would be great if someone fill this loan for me after this long night.


No one is going to fill this loan unless you provide valid collateral that is 120% of what youre asking that is stable and easy to liquidate in the event of default. It is already clear that you have no intention of repaying a loan and the CSM you have you want to sell.


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: darkrise on August 17, 2018, 07:08:59 AM
Did u even bother to read previous comments man ?


Title: Re: 0.0023 BTC Micro Loan with collateral - 2 weeks
Post by: bill gator on August 17, 2018, 08:17:05 PM
so you either miss the fact that my account is more valuable than 10$

Vod already said it, but I'd like to emphasize that your account is not worth $10.

the other fact that the lender is receiving a valid collateral that is currently trading on exchange?

I've already explained myself for why your collateral would not be seen as valid. Although, it is fun to run around in circles with you, so let's have another go at it. It is barely trading on any exchange. The 24h volume, as I already said, is only about 1-2BTC for each of the coins you are offering as collateral. This means that almost nobody is trading these coins, at all, and it is very likely that they will stop being traded entirely with this kind of trade volume.

You continue to claim these as facts, when they aren't even reasonable opinions.

I really think you are not being fair with my deal, or with my request considering every aspect of the proposed scenario, such as the loan value, the collateral provided, my accounts history .

Then you are refusing to look at things objectively, and you would only consider this to be "fair" if you got what you are asking for. "Fair" does not mean "I'm satisfied", it means you get what you deserve and in this instance you are certainly being treated fairly. Nobody from DT has given you negative reputation, and the only thing that has happened so far is multiple people attempting to explain to you how loans, collateral, etc. work around here. You are refusing to accept what we are telling you, digging your heels in, doubling down and making somewhat of an ass of yourself.

I have been doing a BITTO signature bounty campaign and I still have not been paid yet. I accumulated over 230 Bitto coins which are supposedly worth 230$+. Why would I risk getting paid for that as well?

Doing bounties for shitcoin ICOs is extremely unreliable. Whenever they claim that their coin is going to be $1 a piece, you can almost guarantee that it will never be worth $1 outside of Minute 1 and 2 of trading. It is almost a surefire bet that it will hit exchanges at $1 and then tank, forever. The fact that you have not been paid yet as literally nothing to do with you requesting a loan. Even if you did default on a loan, refuse to pay and received negative reputation, this would not change your status with BITTO.


I didn't know that my offer was really shitty I actually thought I was providing a good offer. Its all a matter of perspective.

I am looking for someone who would have the perspective of helping me enjoy my day off with no risk on his side.

Again, Thank you for your posts guys but I would appreciate support at this time.

Well, now that we've told you that your offer is terrible and won't be taken seriously, you still aren't changing the terms.. You're just hoping that someone will be altruistic or ignorant enough to do you a favor. There is risk on the lender's side, and if you cannot see that after the extensive explanations that have been provided, then you are a lost cause.

The only perspective to be had, is that you are offering collateral that is NOT valid and that you are actively trying to sell. You cannot force your terrible proposals down our throat and expect us to say "thank you". Change your terms, or continue to live in fantasy land, hoping a fairy will grant your wish.