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Author Topic: Need 0.25BTC or less. 5 domain names as collateral via escrow.com  (Read 271 times)
kvrmvlz (OP)
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July 12, 2020, 08:54:07 AM
 #1

Hi there, This is a brand new account YES and  I am looking to get a loan and give 5 domains that I own as collateral, I'd be more than glad to do it using escrow.com or any service of your choice. The loan repayment period is 3-6 months. The combined Domain value is $4K+ as per Godaddy.com I am looking to get 0.25btc if you don't agree and you can give less or whatever I am open to offers. Nothing fishy about this request I am giving away something of value as collateral. Thanks Smiley

(I have been trying to sell them in a bundle and haven't been succesfull it takes patience and money that I dont have to market the auctions if they're sold one by one the actual value is $4K+)

Here are the Domains they are all super brandable and their value will only increase in the future:

yourdope.com
lastminutedope.com
slutevo.com
secure1home.com
covid19end.org
condoras
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July 12, 2020, 09:05:10 AM
 #2

Hi there, This is a brand new account YES and  I am looking to get a loan and give 5 domains that I own as collateral, I'd be more than glad to do it using escrow.com or any service of your choice. The loan repayment period is 3-6 months. The combined Domain value is $4K+ as per Godaddy.com I am looking to get 0.25btc if you don't agree and you can give less or whatever I am open to offers. Nothing fishy about this request I am giving away something of value as collateral. Thanks Smiley

(I have been trying to sell them in a bundle and haven't been succesfull it takes patience and money that I dont have to market the auctions if they're sold one by one the actual value is $4K+)

Of course, there is something fishy here and it's what you said. You don't care to keep your domains but to sell them. You ask for a loan but you don't have the intension to repay it, just "giving away something valuable".. Roll Eyes

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kvrmvlz (OP)
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July 12, 2020, 10:04:16 AM
 #3

Wrong. If I manage to get a loan I will of course, pay to get them back so that I can do it again in the future if there is a need. The bottom line is that I am giving something of 4K+ in value as collateral asking to get something back of half the value or even less depending on the offers I will get if any at all. The point you are trying to make is not irrational but there are always two sides of the coin. I appreciate your reply.
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July 12, 2020, 12:46:00 PM
 #4

Those domains aren’t worth shit, you won’t be getting a loan for 0.25BTC using them as collateral.

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kvrmvlz (OP)
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July 12, 2020, 01:22:24 PM
 #5

True they're not 4 letter domains but they're actually worth around $4K+ feel free to check any free online appraisal tool except estibot which is pure nonsense. They can easily be sold in a bundle for $2k+ The least I can ask for is 0.15btc to be paid back in 3months at anything lower than 20% over the initial loan amount.
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July 12, 2020, 03:19:57 PM
 #6

True they're not 4 letter domains but they're actually worth around $4K+ feel free to check any free online appraisal tool except estibot which is pure nonsense. They can easily be sold in a bundle for $2k+ The least I can ask for is 0.15btc to be paid back in 3months at anything lower than 20% over the initial loan amount.

If it's so easy as you claim, then why didn't sell them already and come here for a "loan"? Yeap, I'm not irrational...

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kvrmvlz (OP)
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July 12, 2020, 05:03:30 PM
 #7

Because there seems to be only one type of service as such called domainequity.com and it's a shitty one so I thought that I may as well give it a try at this forum maybe there are people that are into domains as well that was the idea. The answer to your question is because I don't want to kill them at such a low value. I said they can easily be "sold" at 2k. Selling them implies not being able to get them back once sold.
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July 12, 2020, 10:32:10 PM
 #8

Despite your collateral being two times the loan you are request, You have to put yourself in the lender's shoes and imagine what would happen in case the loan was defaulted. Now, I don't know much about buying and selling domains but one thing I am sure about is that it probably takes a long time to get someone to buy one at a good price. This fact means that in case things go south, A lender would have to go through a long period of time to recover the money and this can affect their business.

Trust me, if you offered some good altcoins as collateral, you would get the loan you need within 24 hours, because altcoins are very easy to sell off in order to recover the loan in case things don't work out.

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kvrmvlz (OP)
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July 13, 2020, 08:17:15 AM
 #9

Thanks for such a polite reply I totally understand this and you are right.
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July 13, 2020, 02:32:28 PM
 #10

Thanks for such a polite reply I totally understand this and you are right.

You never even considered the interest on your loan.  By the time you factor that in, ignoring possible BTC price rise, it would be better off for you to sell the domains for $2K and take a $2k "loss" instead of asking another person to do it.   

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July 13, 2020, 03:14:54 PM
 #11

Good point since I can only pay back in 60-90 days but not earlier. I appreciate your reply and agree. I'm already on it I'll pay to promote an auction on flippa in order to sell them in a bundle for 2 or 1.5k at the very worst.
kvrmvlz (OP)
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July 13, 2020, 03:23:10 PM
 #12

Before I lock this thread if anybody by the way likes the domains or is into domain flipping and wants to outwright buy them you're more then welcome to pm me with an offer. I'll go as low as possible as I am in great need. Everything will be done via Escrow.com unless you're a super reputable member I can trust to transfer them over in advance. Thanks guys.
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July 13, 2020, 04:23:09 PM
 #13

I'm glad that the OP will probably not sell the domains here - which was his original intention.

Trying to stick another member with your domains was a scammy and lowlife thing to do.

Better luck with your next bitcointalk account.  :/

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July 13, 2020, 04:37:15 PM
 #14

Before I lock this thread if anybody by the way likes the domains or is into domain flipping and wants to outwright buy them you're more then welcome to pm me with an offer.

And you are late already...


Better luck with your next bitcointalk account.  :/

Nah, it will have the same result. 0% of success, 100% failure.¯\_(ツ)_/¯.

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July 13, 2020, 05:13:40 PM
 #15

those 5 domains seem not worth $500. Godaddy always over price a domain. a person who had build a business with domains, he wouldn't see these to be worth that much. a domain that isn't exact match will just be worth a regular one. i don;t think you can find someone who will give you a loan for them. its not even related to cryptocurrency, i don't think  kvrmvlz would even be back for these domains, its like throwaway ones.

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July 13, 2020, 05:38:49 PM
 #16

I respect your opinion maybe you are right. Heres what I know, except covid19end.org for all the others I am getting almost the same price with all domain evaluators except estibot that uses different criteria. For yourdope.com alone that I own for almost 3 years I am getting almost 2k for slutevo.com 1k+ for lastminutedope 1k+ and for secure1home around $600. Maybe the fact that they are not even related to crypto is enough for nobody to be interested. I am in great need and will sell them if somebody wants them from here and nobody can give a loan. If I had gotten a loan I would of course do my utmost to get them back and be prompt so that I could do it again in the future if there was ever a need. Im doing pretty bad I dont even have 100$ to market them properly in order to sell them otherwise I wouldnt be asking for help. I tried to sell yourdope.com alone a year ago at $800 over at sedo and was not succesfull but I've never attempted to sell them in a bundle. I think Godaddy's algorithm evaluates them as per the price that similar domains were sold at an auction.
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July 13, 2020, 07:33:31 PM
 #17

I understand that with so many people having scammed the fuck out of others over the years on this forum everybody will come agressive and with tons of skeptisism. I honestly dont mind I tried, nobody is interested and thats perfectly fine. I had a few very polite answers explaining me why this wont work that i really appreciate and understand. There is nothing lowlife and scammy with giving something of value to get back something of value. If for whatever reason the asset is not in demand or in the likes thats another story. I am really amazed by keyboard warriors that will go to such extend to wish somebody ill without even knowing them and for no reason at all. I really dont give a fuck if my account is banned or whatever i didnt come here to scam i came in need for help presented my collateral asset and thats all there is to it. Big thank you to all the polite and educated commenters that simply explained me why domain names wont work as collateral.
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