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Can you reduce the term length?
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Love the signature design on this one, who made it if I may ask?
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Some of my prior suspicion was based on that the original loan term was for the loan to be repaid within 14 days, but it took approximately 5 months for the loan to be repaid.
I will leave it to BenCodie if he wants to provide the full chat logs and explain why the loan took so long to repay. As far as I am concerned BenCodie fulfilled the terms of his loan, as a lender I'm not going to complain about increased interest. |
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Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.
Glad to see new lenders  Can you please elaborate on this : Do you loan out an amount of USD in BTC and expect to be paid back the USD + interest in BTC, with two different USD/BTC rate (at time of borrowing, and time of paying back) ? Or do you loan out $1000 in BTC and expect to be paid back that amount of BTC + interests ? Best of luck with your service ! Not a new lender, this is just a new thread. That can be negotiated, typically I would expect payments to be calculated in BTC, e.g. a 1 BTC loan at 5% interest will be 1.05 BTC, irrespective of the changes in value. However, I may consider locking in the USD value in certain loans to protect myself against volatility. |
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I would suggest that you mention if you will accept escrow or not (and of course who would be responsible for its fee if applicable).
Escrow accepted at the expense of the lendee. They will also have to arrange it all. Ideally this will be for significant loan amounts otherwise it will waste additional time. |
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Hello there. I have decided to launch a new thread to change around my loan service.
I am now offering large loans only, mostly since I no longer have the time to deal with smaller loans. Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.
I am charging a fixed rate of 5% per month on these loans.
Please read the terms of my offer below;
1. You must offer collateral worth at least 120% of the loan amount, no collateral loans may be considered for trusted users.
2. You are responsible for any fees associated with transferring the collateral to me, or repaying the loan.
3. Loan duration is to be agreed, extensions/extension rates are to be agreed with me. If payment is missed after extension,
I'll either keep your collateral, or offer you further extension.
4. If you default on your loan, I will keep/sell/dispose of your collateral. I will not accept collateral that cannot be easily resold.
5. I have the right to deny any loan for any reason, or no reason at all.
6. Your collateral must be easily secured, and irreversible once secured.
7. Do not offer me your account as collateral, I don't care who you are.
8. Escrow accepted at your expense, you must also arrange this entirely.
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Hello. I need to loan 1000 BTG (Bitcoin Gold), any exchange for loan?
Are you looking for a loan or an exchange? In any case doing a transaction for an amount such big in size which I presume is being offered for a collateral, it would help if you posted some proof of ownership of that stash of coins like a signed message. Though I am not sure whether BTG has such a procedure or not. I highly doubt the OP is going to reply or not. Thanks for reply TheUltraElite. Yes looking exchange, like Huobi or Gate.io, I can borrow on these exchanges some coins for collateral my bitcoins. If you are providing 120% collateral in BTC or another strong cryptocurrency, then I can fill this loan. How it working? PM please Hello, You will need to send me 120% of the loan amount in advance as collateral as BTC. Once received I will provide the 1,000 BTG, and your collateral will be returned once the loan has been repaid. |
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Are you trying to say that I am BenCodie?
Yessir.
See above dumb shit, and maybe think twice before calling people multi-accounting scammers. |
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http://archive.is/L3b0aI want to let you know I think it is untrustworthy to give positive trust to yourself. Specifically, I am referring to the below rating: Parodium 2019-01-02 0.10000000 Reference Repaid a long-term loan. I also question the value of most of your collateral, and the ability for a lender to quickly liquidate the majority of the collateral you are offering. I also wish to point out that you lent 0.05 BTC to acquire your forum account last August, which was worth ~$320 at the time, but you are valuing it at $1,000 now. For some bizarre reason you did not post a repayment address, but it does not appear the loan was repaid. The "estimates" of values of domains are often very inaccurate and will almost never represent the fair market value of the domains. Taking over an account with a large balance is going to be very risky, and any reputable company is going to be willing to help someone regain access to their account, even if their identity is not associated with it. Are you trying to say that I am BenCodie? Edit: Yes you are actually trying to say that I am BenCodie, hence implying that I am here trying to scam somebody on a multi-account. https://www.blockchain.com/btc/tx/a026e950cbe20ec9007c9b40365ff3348bfad17d64aa71a69bf260bda93b5e4ahttps://i.imgur.com/Ckl9Mtg.png <- chat log. I don't need to update my thread with repayment logs, it's my thread. But the above transaction confirms BenCodie repaid his loan, and is the owner of his account. |
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I will buy this for €300 shipped to UK.
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If you have property or some other high value to secure the loan against, then send me a message.
If you don't have collateral, do not message me.
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It's not that there's too much competition, it's that there are few users willing to offer adequate collateral for loans, which means most loans go unfunded.
On the flipside, most of these are scammers, so you'll probably end up in the same boat as the rest of us lenders.
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Auction Terms:
Starting Bid: .065 BTC
LMAO. Do you realize you can commission a master artist to do a much better job for less? |
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0.085 BTC
Current high bid Ends today in about 2.5 hours I think I won myself a penny! Please let me know the costs including shipping to the UK, thanks! |
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Yahoo back at it again with another signature campaign  Keep up the momentum! |
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Same issue here, ghosted after enquiring about the strength and credibility of the project. Never a good sign.
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Accepting further loans.
Note that I will not be accepting loans with under 0.01 BTC interest, since I simply don't have the time to deal with it.
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