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Thank you for your responses. I will try contacting your suggestions and see what happens. I appreciate all your help!
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do you sell btc for bofa transfer?
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Killerloop and I are trying to create a loan agreement. I intend to put up USD as collateral for a loan.
We are looking for a trusted bitcointalk member who can act as an escrow. I intend to transfer the USD collateral through Bank of America transfer. Killerloop and I made the following agreement:
Killerloop = Lender
Oppahdoggystyle = borrower
LOAN TERMS
Exchange rate used: BTC-e
0.7463 BTC for 4 days will amount to a final payment of 0,773168 BTC or ~467$
I require a little edge (5%) on the final payment as protection against BTC oscillation, thus making the whole sum ~490,35$
So, to summarize everything:
1) 490,35$ will be deposited to the selected escrow
2) Upon confirmation I will send 0.7463 BTC to a given address indicated by the borrower. Loan will start on first blockchain confirmation
3) After roughly 96 hours the lender will pay back 0,773168 BTC to a given address of mine
4) Upon first blockchain confirmation I'll PM the escrow for release.
If the borrower exceeds four days nothing will happen (no late fees) as long as the deposited sum is reasonably enough to pay off principal + accrued interests. Failing this I will claim the money from the escrow.
We have sent PMs to DannyHamilton and await his response. However, we are open to other trustworthy escrow service providers.
This loan has been made public to give transparency to the loan agreement.
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I am interested and more than willing to do escrow. But, I am curious if you have someone in mind who is trustworthy enough to escrow. Also, what kind of int rate and terms are you considering. I hope you don't mind making this lending terms/escrow discussion for public to see.
Feel free to propose the escrow terms/loan terms/etc. I am all ears
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Damn... you're right. It might just be better if I put fiat in escrow and borrow. Cost of getting bitcoins is getting way too high for me.
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3-4 business days... is better than paying WU fees/other payment type fees and paying above market value.
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Good idea. Thanks for that. I'll be searching for credible exchanges then. I'm sick of paying 10%+ above market.
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WU fees = death. I just calculated how much money I spent on fees to obtain BTC in the past and it is embarrassing.
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Fees and other Bitcoin-acquisition costs are reasons I am considering putting up fiat for a bitcoin loan. Of course, paypal would not be used as collateral. More like bank transfers or other secure fiat transfer methods
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I am curious if fiat like USD count as collateral on bitcointalk's lending section.
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I do not know of any regions bank. I'll keep looking around lbc for any traders who accet bofa. thanks for the response though.
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does bofa transfers work for regions bank? From my understanding, bofa transfers are immediate among bofa accounts, but not sure for region banks.
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I am looking to buy around $300 worth of btc using bofa transfer. Is bofa transfer a possible payment because I can't find any listings on localbitcoins.
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I am looking to purchase .29 btc. Let me know how to proceed with transaction
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Some other stock/investment exchanges are:
Bitcoinbourse.eu (has diverse investment options and heard one of their listed companies is working incorporate multisig to the site, but the site is new so I have no opinions about it.)
Crypto-trade (limited # of investment opportunities, but the site seems legit and seems more focused on currency exchange rather than stocks/investments)
rocktrading (in my opinion, has a good number of investment options. From my knowledge, the site has had no problems in the past in regards to customer funds and no reported instances of scam investments.)
From what I hear, cryptostocks has problems with withdrawals, so I would be careful. Also, cryptostock's owner also owns vircurex, who apparently lost customer funds. So it is risky.
In regards to havelock, the bitcointalk community seems to be angry at them because of the neobee scam incident.
I would invest with a skeptical eye and conduct due diligence into each exchanges and their investment options. I think a responsive support staff is also important.
I'm just speaking from my limited experience. (I personally have made reasonable gains from investing in havelock, bitcoinbourse and rocktrading.)
Hope this helped
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Does your site offer brokerage services like sedo?
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Hi i need to rent a camera . i HAven't thought of the model or anything yet but i am going to the store today hopefully i get a decent camera available for renting to broadcast the first show i can do it with my laptop webcam but i don't wanna compromise with the video quality
loan can be paid back by the tips earned by the model
60% goes to model and and rest would help me payback the loan amount
0.1 btc
address : 19Ew2eq4wz4pPRJ4mgERQMyTf5mXENT1Lw
interest will be 1.5 % daily for a week
ie 7 days total interest will be 1.5*7 = 10.5 % for 7 days
You should contact MRKLYE. |
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I generally support the idea, but it has to be planned very carefully. Usually a listing on havelock investments brings with it a mugh higher volume and thus a higher responsibility and often more problems (just compare CS and Havelockinvestment listings' threads on bitcointalk.org). Dont know, how much time and effort CoinReturn is planning on putting in their Project. If they want to go full public eventually as an Tradingfund, than havelock is the future, if they want to remain a kind of neat anonymous project than CS is the place to remain on, and I think if you transfer your dividends at least twice a week out of CS than a potential loss can be kept at its minimum, (of course only if, one of the CS listings dont decide, to dissapear with CS together  Yeah, fair call I guess. Perhaps we should wait until the project matures a bit before expanding to Havelock. However, I'd still like to see some alternative contingency plan to just liquidating everything and distributing the funds. I don't want to loose the very healthy returns from this project!!  Are there any other stock trading platforms out there other than CS or HI? bitcoinbourse.eu, crypto-trade, There's not that many stock trading platforms besides that. |
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Some "collateral".  Confirmed! Collateral has been transferred. The domains transferred are: brentoilspot.com and oilspotprice.com; the average valuation for both is $2,559.50 (based on 5 domain valuation sites). The loan is for approximately 1/3 the value of the collateral I put up. The Bitlendingclub.com CEO assessed whether my proposed collateral was liquid enough to compensate investors in case of default. |
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