The 100 BTC will be deposited with HashKing, you can use that 100 BTC to pay the difference. BUT, I shall earn any interest off of Hash Kings holding of the 100 BTC if any.
Look, I don't feel safe transferring 100 BTC to some nickname hashking (he even did not put his real name)... Let me talk to Bitcoin core developers, mining pool operators - somebody who have reputation and can not afford to lose it... What do you think about Tycho - he is deepbit owner? |
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1st of all - don't be in rush, take your time... it is ok if you need some time to think it over. but are considered mine No. Technically 100 BTC belong to me. However, this 100BTC will be used to pay the difference, if any. I will at the end of the year pay you your 10 BTC No. You pay 10 BTC the moment we sign the contract because I don't know what 10 BTC will be worth one year from now. PS. I PMed Gavin, maybe he will agree to help us |
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You missed some things... The 'accepted' escrow can't move the funds. The funds must stay in that address for the entire year.
Edit: and if they are moved: there is a 2 BTC penalty payed to me.
Look, I don't want our escrow agent guy to run away with my 100 BTC. I need an option to block escrow agent from moving funds, unless or you or me agree with his actions. Therefore I suggest multi signature transaction. Just a sec... let me see if I can find an escrow that would be willing to hold the BTC for a year.
How about hashking, senbonzakura, Meni Rosenfeld ? |
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Oh well, since you now have me on 'Ignore', it's not like you will see this post anyways,
Almost there... Now tell me - why do you think it is scam? |
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Something like this? Edit it before we "sign it"... I don't think Gavin will want to be involved into this.... let's ask around who can be trusted by both of us. I ,Andrew Vorobyov, agree to pay negative difference between current value of 100 BTC in USD - 511 USD - and value of 100 BTC on May 20,2013 in Bitcoins up to 100 BTC. I agree to place 100 BTC into multi signature transaction 2-of-3 between me, BTC_Bear and _somebody who we can trust_.
I'm, BTC_Bear, agree to pay 10 BTC to Andrew Vorobyov on 20 May 2012.
Appendix:
USD price of the BTC will be calculated as a average price among 3 exchanges with the most trading volume for any of the next currencies - EUR, GBP, USD - using price for cross pairs like EUR/USD or GBP/USD on May 20,2013 Do we have lawyers around? |
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Give me a minute to put official contract, meanwhile start looking for arbiter who will be co-signing multi signature transaction with us in case we will need somebody
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Andrew,
If I get to add the address that the accepted escrow uses to my assets and the escrow doesn't not move the coins from that address (if he/she does a penalty will be applied.), I will accept the 100 BTC escrowed account from an accepted escrow (Gavin is acceptable). And in one years time from the deposit of the 100 BTC, I will pay you 10 BTC.
Those coins shall not be moved from that address for the entirety of the year though. If at anytime those coins move from that address, a penalty shall be paid to me in the sum of 2 BTC.
Let's have some people scratching their heads.
I don't get it ... in plain English - you want to lend money or borrow? |
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Now I'm serious, read my first post again... If you want to earn guaranteed % on your BTC - write me up
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))) What is your profit of it? Just not letting me use BTC for this time to increase rates?
In that case people would love to do so,but i still would like to remind you that escrow is not 100% safe, especially in a long terms, because person can get missing,pc corrupt, etc.
We live in real life, there is no 100% sure.
I just wanted you to get it... 100 BTC now is not 100BTC in one year from now... Of course I'm not going to lock 110 BTC just to get 100 BTC...  |
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I just want you to remind, that in case of DEPOSIT, you dont have to pay a single satoshi more, and you should get your funds + interest.
But in your case, you may not only loose your btc(you will have them less when time come) but even dont have enough btc to payback. That`s the tricky place.
Again, lend me 100 BTC now, deposit it... call it as you want... I promise to pay you back 110 BTC in one year from now... That is another talk, but what makes you better than other? Everyone says that the will pay back 100%, i havent seen a single person who said that I might not return you your money. For other side, MMM\Casino say clearly that you might not get your money back, but the interest is so high that people might not even care. I will lock 110 BTC in escrow for you NOW, before you give me 100. |
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I just want you to remind, that in case of DEPOSIT, you dont have to pay a single satoshi more, and you should get your funds + interest.
But in your case, you may not only loose your btc(you will have them less when time come) but even dont have enough btc to payback. That`s the tricky place.
Again, lend me 100 BTC now, deposit it... call it as you want... I promise to pay you back 110 BTC in one year from now... I will lock 110 BTC in escrow for you. |
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Anyone who has dealt with me on this forum knows that I can not be trusted.
You kind of putting the last nail in your coffin? |
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That's not really fair to yourself here. Almost anybody would take that deal here.
Come on guys, so will you lend me 100 BTC? Yes or no? |
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Unfortunately I can't do that because I am poor and untrustworthy.
Being poor is temporary being untrustworthy is kind of for life |
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I lock up 100 BTC in multisignature escrow. You lock up 10 BTC in multisignature escrow. Strike price will be 5.11 USD per BTC
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Can I have it for 10% per year ?
Yes. I will loan you 100 BTC for one year on conditions stated in this thread. Just convince me it will be 100% secure loan |
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It's amazing how people change so quickly, to complete different sides, even on the same equation.
You behave like a kid, this attitude will not get you very far |
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How about YOU lend me 1,000 BTC for 10% per Year ?
I will secure it as well....or does that rate offer only apply when YOU want to borrow and not lend ?
It's amazing how people change so quickly, to complete different sides, even on the same equation.
I can lend you 100 BTC right now? do you want? |
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Ok I can see some heat around this... I think I will build the site for this - where people buy/sell loans
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No? I get 7% a week.
If you give me 4% per week I will lend you 500 BTC... Do you want? |
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