would someone give a loan?

[Quickseller]

I can do this (if the loan is still needed - this is unclear) however you would need to raise the amount of interest you would be paying and agree to a clause that the amount you will repay (in terms of bitcoin) will not be below a certain amount (TBD).

You can either post here or PM me to negotiate details, and then we can arrange escrow to be setup.

still needed indeed, but can't pay more than 1% (so people, don't ask anymore, told this more than enough), and no, i'm not interested in betting on the btc price (I don't care wath it is), i'm not paying anything if it goes up. I agree paying more to the escrow if bitcoin goes down for your safety. But you cancel at any time if you find the bitcoin price is going up too much you just ask to get repaid...
But i suggest just buying new bitcoins with $ and lending those out (then i sell them), then you are sure of your profit.

12% interest is much lower then the interest rate you will generally see on these forums, and is really not enough for someone who does not wish to sell their bitcoin and risk that the price will increase in the future. The rates on bitfinex are roughly double of what you are offering (although the risks involved with lending on bitfinex are different) which should be a starting point to base any negotiations on.

You also mentioned that the lender can cancel the loan at time time to protect themselves if the price has gone up too much. Would you be willing to allow the lender to cancel if the price has gone down? This would result in the escrow releasing more funds (in terms of btc) then were lent.

[leen93]

I can do this (if the loan is still needed - this is unclear) however you would need to raise the amount of interest you would be paying and agree to a clause that the amount you will repay (in terms of bitcoin) will not be below a certain amount (TBD).

You can either post here or PM me to negotiate details, and then we can arrange escrow to be setup.

still needed indeed, but can't pay more than 1% (so people, don't ask anymore, told this more than enough), and no, i'm not interested in betting on the btc price (I don't care wath it is), i'm not paying anything if it goes up. I agree paying more to the escrow if bitcoin goes down for your safety. But you cancel at any time if you find the bitcoin price is going up too much you just ask to get repaid...
But i suggest just buying new bitcoins with $ and lending those out (then i sell them), then you are sure of your profit.

12% interest is much lower then the interest rate you will generally see on these forums, and is really not enough for someone who does not wish to sell their bitcoin and risk that the price will increase in the future. The rates on bitfinex are roughly double of what you are offering (although the risks involved with lending on bitfinex are different) which should be a starting point to base any negotiations on.

You also mentioned that the lender can cancel the loan at time time to protect themselves if the price has gone up too much. Would you be willing to allow the lender to cancel if the price has gone down? This would result in the escrow releasing more funds (in terms of btc) then were lent.

For the first thing you give an answer yourself, there is a risk involved there and you can't cancel the loan at all times. Secondly you have to see it as lending out dollars, neither me, neither the lender should think about the bitcoin price, it's irrelevant for this loan. And yes, I would allow to cancel at all time. Like I said, I don't care about the bitcoin price, I just buy them to transfer the loan back at the end.

I agree 12% interest is much lower then the interest rate you will generally see on these forums, but on these forums you are talking about you see a risk for the lender which is not here. Even a lot of loans are without collateral :s. It's not a bad loan for people just wanting to have a good intrest rate on their fiat currency. If a bullish bitcoin-guy like you is not interested in this loan, fine, but for some people it could be interesting.

[Quickseller]

I can do this (if the loan is still needed - this is unclear) however you would need to raise the amount of interest you would be paying and agree to a clause that the amount you will repay (in terms of bitcoin) will not be below a certain amount (TBD).

You can either post here or PM me to negotiate details, and then we can arrange escrow to be setup.

still needed indeed, but can't pay more than 1% (so people, don't ask anymore, told this more than enough), and no, i'm not interested in betting on the btc price (I don't care wath it is), i'm not paying anything if it goes up. I agree paying more to the escrow if bitcoin goes down for your safety. But you cancel at any time if you find the bitcoin price is going up too much you just ask to get repaid...
But i suggest just buying new bitcoins with $ and lending those out (then i sell them), then you are sure of your profit.

12% interest is much lower then the interest rate you will generally see on these forums, and is really not enough for someone who does not wish to sell their bitcoin and risk that the price will increase in the future. The rates on bitfinex are roughly double of what you are offering (although the risks involved with lending on bitfinex are different) which should be a starting point to base any negotiations on.

You also mentioned that the lender can cancel the loan at time time to protect themselves if the price has gone up too much. Would you be willing to allow the lender to cancel if the price has gone down? This would result in the escrow releasing more funds (in terms of btc) then were lent.

For the first thing you give an answer yourself, there is a risk involved there and you can't cancel the loan at all times. Secondly you have to see it as lending out dollars, neither me, neither the lender should think about the bitcoin price, it's irrelevant for this loan. And yes, I would allow to cancel at all time. Like I said, I don't care about the bitcoin price, I just buy them to transfer the loan back at the end.

I agree 12% interest is much lower then the interest rate you will generally see on these forums, but on these forums you are talking about you see a risk for the lender which is not here. Even a lot of loans are without collateral :s. It's not a bad loan for people just wanting to have a good intrest rate on their fiat currency. If a bullish bitcoin-guy like you is not interested in this loan, fine, but for some people it could be interesting.

There is the risk that the escrow service makes some kind of mistake and ends up not providing the lender the bitcoin they are owed in the event of a default.

A lender on bitfinex can also lend their bitcoin at similar rates that they can lend their dollars and would not endure the risk of the price rising. The risks are different on bitfinex not higher.

I am interested in this loan, just not at the rate you are offering.

[jonald_fyookball]

Same here, I would do the loan for 3% per month.  any less ain't worth my time and hassle. specifically I would want 2 months for 6%.  that would be my best offer.

[leen93]

Putting your money on an exchange with fake offices in HK, I don't say it's a bad thing but it is less secure than this loan but we're not going to discus this here, there is another thread about that. But they can run away with everything or will have to run away if bitcoin price fluctuates very hard in a few seconds, if no trades are available to cancel the swaps they have a problem. I have another opinion about the safety there. We can arrange another escrow if you wouldn't trust mine.
Anyways, I stay with 1%, it's not urgent and I have time
I'm sure I'll find someone

[leen93]

nobody interested?

[AnonBitCoiner]

nobody interested?

No one's been willing to?

[leen93]

nobody interested?

No one's been willing to?

nope, sadly
it's not urgent, just need some money every day so im just selling my btc little by little even when i dont want  
if bitbet.us pays me out my bets there i'm willing to provide collateral up to 12000$ so could bring my limits of borrowing (currently around 2000$) up to +- 8000$ but i don't know if that would help but i stay with my 1% a month.

[leen93]

nobody interesed?