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Author Topic: want to borrow 200 LTC  (Read 1320 times)
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Quickseller
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April 15, 2017, 07:17:11 PM
 #21

you can post your LTC repayment address here
It is posted in this GPG signed post that you quoted (the 3rd from the bottom line).
jonald_fyookball (OP)
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April 21, 2017, 02:27:17 PM
 #22

loan has been repaid

https://live.blockcypher.com/ltc/tx/26ac0c51e766d90924a023e1b1a440ceae664452b9e0142e4436ff141846e551/


MachineZero
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mcrypt.com domain 4sale 20BTC


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April 21, 2017, 06:39:03 PM
 #23

Not to meddle in this private transaction in a public forum.
Since the deal is done, I was wondering why not convert through shapeshift if you have btc collateral equal or greater than ltc?
Then convert back into BTC after 1, 2, 3 weeks.

Isn't it cheaper than interest and escrow?
Or does this put conversion risk on lender, therefore the interest is a hedge?

jonald_fyookball (OP)
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April 21, 2017, 07:06:07 PM
 #24


Since the deal is done, I was wondering why not convert through shapeshift if you have btc collateral equal or greater than ltc?
 

Because I was speculating on a price decrease.

ThatRandom8543
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April 21, 2017, 09:20:38 PM
 #25

Not to meddle in this private transaction in a public forum.
Since the deal is done, I was wondering why not convert through shapeshift if you have btc collateral equal or greater than ltc?
Then convert back into BTC after 1, 2, 3 weeks.

Isn't it cheaper than interest and escrow?
Or does this put conversion risk on lender, therefore the interest is a hedge?

If he offer BTC as collateral, thats what he would get back once the loan is repaid. If he converted it, he would have to spend either more or less converting it back if he wants the same amount of BTC he had. Same goes with any other altcoin (that isnt dead)
Quickseller
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April 21, 2017, 10:08:49 PM
 #26

Received.

I sent a group PM to OgNasty and jonald_fyookball asking the collateral to be returned to him.

Thanks for the quick repayment!
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April 24, 2017, 02:19:49 AM
 #27

Not to meddle in this private transaction in a public forum.
Since the deal is done, I was wondering why not convert through shapeshift if you have btc collateral equal or greater than ltc?
Then convert back into BTC after 1, 2, 3 weeks.

Isn't it cheaper than interest and escrow?
Or does this put conversion risk on lender, therefore the interest is a hedge?

If he offer BTC as collateral, thats what he would get back once the loan is repaid. If he converted it, he would have to spend either more or less converting it back if he wants the same amount of BTC he had. Same goes with any other altcoin (that isnt dead)

ShapeShifter has what appears to be very competitive rates for conversion, the catch would be if they run out of one or the other of two crypto-coins that are being traded...

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