hairyfrog (OP)
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January 14, 2020, 10:57:51 PM Last edit: January 15, 2020, 04:16:30 AM by hairyfrog |
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Seeking a .025 loan for .0275 back in 2 weeks.
As collateral, I can offer Marriott points. Obviously the lender would need to have an existing Marriott rewards account, or create one. Prior to receiving bitcoin I would have the points transferred to their account.
I would be willing to put 40,000 points as collateral, which if you look into it, is worth decently more than what .025 is worth.
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Timelord2067
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January 15, 2020, 03:21:55 AM |
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Seeking a .025 loan for .0275 back in 2 weeks.
As collateral, I can offer Marriott points. Obviously the lender would need to have an existing Marriott rewards account, or create one. Prior to receiving bitcoin I would have the points transferred to their account.
I would be willing to put 40,000 miles as collateral, which if you look into it, is worth decently more than what .025 is worth.
Has anyone got a decent gif of someone blowing a bubble-gum bubble that bursts and floats down their chin?
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hairyfrog (OP)
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January 15, 2020, 04:17:06 AM |
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Seeking a .025 loan for .0275 back in 2 weeks.
As collateral, I can offer Marriott points. Obviously the lender would need to have an existing Marriott rewards account, or create one. Prior to receiving bitcoin I would have the points transferred to their account.
I would be willing to put 40,000 miles as collateral, which if you look into it, is worth decently more than what .025 is worth.
Has anyone got a decent gif of someone blowing a bubble-gum bubble that bursts and floats down their chin? Not sure what this is supposed to mean or how it is constructive to this thread?
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Timelord2067
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January 15, 2020, 05:38:07 AM |
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Not sure what this is supposed to mean or how it is constructive to this thread?
How do you figure Mariott points are valid collateral for a brand new user? What dollar value are they? Can you get one night in the penthouse with that amount, or is it more like the linen closet?
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ThatRandom8543
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January 15, 2020, 07:33:16 AM |
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Seeking a .025 loan for .0275 back in 2 weeks.
As collateral, I can offer Marriott points. Obviously the lender would need to have an existing Marriott rewards account, or create one. Prior to receiving bitcoin I would have the points transferred to their account.
I would be willing to put 40,000 points as collateral, which if you look into it, is worth decently more than what .025 is worth.
Looking at your previous post, I take this is an sell attempt. However, even if thats not the case, marriott points arent valid collateral. They can still be easily reversed, they cannot be liquidated easily, you must have an active marriott account thats in good standing for between 30 to 90 days to even transfer. You pretty much get the idea. If you dont have anything else thats valid collateral thats 120% of what youre asking, go on and lock this thread before you receive a negative feedback.
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 15, 2020, 09:14:34 AM |
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I would be willing to put 40,000 points as collateral, which if you look into it, is worth decently more than what .025 is worth.
What is the conversion criteria that you are using here to get this value? I find this amusing that you cam here to this forum where travel nerds are likely to be very less and still asked for a loan with these points as collateral. They are obviously not fitting the picture of what is considered as valid here and a tradeoff would be risky in case (make that "when") you default the loan. Would it not be better for you to ask a colleague or friend for a similar loan who might be traveling recently?
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hairyfrog (OP)
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January 15, 2020, 02:58:06 PM |
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I don't want to sell the points, I want to use them for a vacation. That's why they would be used as collateral that I would expect to get back when the loan was returned. Looks like a lot of people here with bullshit responses talking about something they know absolutely nothing about. The idea of this was if someone who uses Marriott rewards was lending, it would be very valid collateral. For reference, if someone was selling Marriott points at the valuation I gave for collateral, I would buy as many as I could afford. https://www.ebay.com/itm/25k-Marriott-Points-Rewards-Redemption-at-Any-Marriott-Location-Transfer-25-000/333475533465?hash=item4da4b0d299:g:RvQAAOSwkNFcYhInHere are 25K Marriott points on ebay, there are 19 bids at $209.50 with 13 hours left. So I think it's safe to say I am offering well more than .025 worth for collateral.
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suchmoon
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January 15, 2020, 03:21:54 PM |
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Here are 25K Marriott points on ebay, there are 19 bids at $209.50 with 13 hours left. So I think it's safe to say I am offering well more than .025 worth for collateral.
Sell your points on eBay. It's not a valid collateral here and the redemption value and options are shit... so if there is someone willing to pay nearly 1 cent per point just do it.
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hairyfrog (OP)
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January 15, 2020, 03:31:38 PM |
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Here are 25K Marriott points on ebay, there are 19 bids at $209.50 with 13 hours left. So I think it's safe to say I am offering well more than .025 worth for collateral.
Sell your points on eBay. It's not a valid collateral here and the redemption value and options are shit... so if there is someone willing to pay nearly 1 cent per point just do it. I could easily do that, but again, I don't want to get rid of them. Redemption value and options are not shit for someone that actually travels a lot and uses Marriott as their rewards program. I don't know why you are all up in arms. If there happened to be someone lending BTC that is a Marriott rewards user, this would be a good opportunity. Otherwise, no one needs to lend, no big deal. Not sure how this wouldn't be valid collateral, btw. You would easily be able to sell them on ebay for more than the value of the bitcoin if the lendee defaulted, or use them yourself for travel if desired to get a room that costs well more than the .025 BTC. Again, most of you clearly have no idea what you're talking about or anything about the Marriott rewards program. Good day.
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suchmoon
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January 15, 2020, 04:14:30 PM |
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~
For a globetrotting traveler you're surprisingly desperate to get $200 from strangers on the internet with some niche loyalty program as a collateral. Healthy skepticism is what kept most of us here from being scammed by newbies.
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hairyfrog (OP)
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January 15, 2020, 05:26:04 PM |
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~
For a globetrotting traveler Lol, you're funny. Never claimed to be, but a funny comment And I mean, it's one of the biggest hotel rewards programs in the world, not really THAT niche. Look, it's simple. I was seeing if there was a fit here. If I was lending, this would work for me. I could easily sell the points for more than the BTC is worth, or use them for myself, so I would have no problem accepting them myself as collateral. But if no lenders here are Marriott rewards members or use ebay, then there are not fits. Not a problem, just means I don't get a loan here. No harm in asking. I don't really know how I could possibly scam if I were to transfer the points to someone's account prior to receiving any bitcoin.
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Timelord2067
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January 16, 2020, 03:43:27 AM |
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Again, most of you clearly have no idea what you're talking about or anything about the Marriott rewards program.
Enlighten us Newbie with activity nine and zero merits.
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hairyfrog (OP)
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January 16, 2020, 04:58:54 AM |
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Again, most of you clearly have no idea what you're talking about or anything about the Marriott rewards program.
Enlighten us Newbie with activity nine and zero merits. You're being sarcastic yet my history here is in no way related to my knowledge of Marriott rewards so it was really just a stupid comment.
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Timelord2067
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January 16, 2020, 07:49:31 AM |
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You're being sarcastic yet my history here is in no way related to my knowledge of Marriott rewards so it was really just a stupid comment.
How do you presume to know my travel itineraries, who I travel with and where I stay?
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hairyfrog (OP)
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January 16, 2020, 08:01:49 AM |
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You're being sarcastic yet my history here is in no way related to my knowledge of Marriott rewards so it was really just a stupid comment.
How do you presume to know my travel itineraries, who I travel with and where I stay? How do you presume that I presume to know these things? Why are you posting useless shit in my thread?
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Jawhead999
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January 16, 2020, 08:13:42 AM |
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Again, most of you clearly have no idea what you're talking about or anything about the Marriott rewards program.
Enlighten us Newbie with activity nine and zero merits. You're being sarcastic yet my history here is in no way related to my knowledge of Marriott rewards so it was really just a stupid comment. Come on buddy, If you want to take lending, firstly you must provide valid 120% collateral The collateral should be easy to exchange, i think marriott points is hard to exchange for money... only saw one on your link Its only often used for hotels Also, your account is still new no one will trust you I suggest you to sell your marriott points or take lending on bank, your family or close friends.
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freedomgo
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January 16, 2020, 08:21:44 AM |
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Quite new, I think most of the lenders where would only accept crypto as collateral, actually never heard of your collateral before, because I never get out here. Good luck, but I suggest you follow the norms here to get a loan.
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