Bitcoin Forum
September 07, 2025, 04:54:13 AM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: LocalBitcoins Account  (Read 536 times)
conizer14 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile WWW
January 08, 2015, 03:35:52 PM
 #1

Hey,

Is a LBTC account  with 70+ trades and 100% rating any good for collateral?

Thanks
Quickseller
Copper Member
Legendary
*
Offline Offline

Activity: 3066
Merit: 2377


View Profile
January 08, 2015, 03:38:17 PM
 #2

No. Lbc accounts do not appear to be heavily traded so it would be difficult to sell.

They are also difficult to prove ownership so the lender could be taking a hacked account.

★ ★ ██████████████████████████████[█████████████████████
██████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████
★ ★ 
newIndia
Legendary
*
Offline Offline

Activity: 2254
Merit: 1062


View Profile
January 08, 2015, 03:38:49 PM
 #3

Hey,

Is a LBTC account  with 70+ trades and 100% rating any good for collateral?

Thanks

Depends on what u want in return...

conizer14 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile WWW
January 08, 2015, 03:50:29 PM
 #4

Thanks guys.

Just wondering if I ever came up short and needed a loan whether it would be any use.
jonald_fyookball
Legendary
*
Offline Offline

Activity: 1302
Merit: 1019


Core dev leaves me neg feedback #abuse #political


View Profile
January 09, 2015, 03:05:34 AM
 #5

Hey,

Is a LBTC account  with 70+ trades and 100% rating any good for collateral?

Thanks

it might be to the right lender....perhaps someone who was thinking
about getting into LBC.   So, I would say yes.  Just be realistic
with how much its worth.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!