Need 10 BTC - 10% - with escrow

[Diplomata]

Hi,

This is not just a loan request. I'll try to be honest and brief to explain how I intend to use the loan.

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

So I need about 10btc to leave the operations without loss.

I can pay 10% for this  ... and this will take a few minutes, ie, doing the operations and leaving the account without loss in 10 minutes, you can have the 10% asap.

We must use an escrow, and he should knows how to deal with Poloniex, for I am going to give my account and password for him to do the operations;

Thank you all ...

[yogg]

So, if I understand it well, the escrow operates the poloniex account.
What about your collateral, then ?

Yeah. Since you want to borrow 10BTC to make some trading operation, where is your guarantee to repay if things don't go as planned ?
Imagine, it goes well, you give 10% to the lender, you take the rest (you might earn 4 or 5 btc doing so).
Okay, but what if the 10BTC is gone ?

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

Apparently, you want to use the same method with the borrowed 10BTC. You already lost 6.5BTC with it.
What it the same happens and you have only 3.5BTC left ?
How will you repay the 6.5BTC to lender ?

[Diplomata]

So, if I understand it well, the escrow operates the poloniex account.
What about your collateral, then ?

Yeah. Since you want to borrow 10BTC to make some trading operation, where is your guarantee to repay if things don't go as planned ?
Imagine, it goes well, you give 10% to the lender, you take the rest (you might earn 4 or 5 btc doing so).
Okay, but what if the 10BTC is gone ?

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

Apparently, you want to use the same method with the borrowed 10BTC. You already lost 6.5BTC with it.
What it the same happens and you have only 3.5BTC left ?
How will you repay the 6.5BTC to lender ?

Yes, the escrow could operate the poloniex account...the collateral is the account itself...i have about 10btc there..so without the losses the escrow will have an account with 10btc..

in the margin , if you put 10btc you will trade with 25 btc..so you have to manage to have less losses..

did you have more doubts?

[Diplomata]

So, if I understand it well, the escrow operates the poloniex account.
What about your collateral, then ?

Yeah. Since you want to borrow 10BTC to make some trading operation, where is your guarantee to repay if things don't go as planned ?
Imagine, it goes well, you give 10% to the lender, you take the rest (you might earn 4 or 5 btc doing so).
Okay, but what if the 10BTC is gone ?

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

Apparently, you want to use the same method with the borrowed 10BTC. You already lost 6.5BTC with it.
What it the same happens and you have only 3.5BTC left ?
How will you repay the 6.5BTC to lender ?

Here the proof of the balance :

http://oi64.tinypic.com/e83fy8.jpg

[ThatRandom8543]

Hi,

This is not just a loan request. I'll try to be honest and brief to explain how I intend to use the loan.

I made some trades in the margin trading of poloniex and I am with a loss of approximately 6.5btc.

So I need about 10btc to leave the operations without loss.

I can pay 10% for this  ... and this will take a few minutes, ie, doing the operations and leaving the account without loss in 10 minutes, you can have the 10% asap.

We must use an escrow, and he should knows how to deal with Poloniex, for I am going to give my account and password for him to do the operations;

Thank you all ...

Correct me if im wrong but poloniex have very strict policies about giving an account to someone, or even changing the information. Giving the account to an escrow is not enough because the lender could still be at a loss. Plus, if the account itself is collateral, why would anyone lend you 10btc and how would they get their money back in the event of default?

Yes, the escrow could operate the poloniex account...the collateral is the account itself...i have about 10btc there..so without the losses the escrow will have an account with 10btc..

in the margin , if you put 10btc you will trade with 25 btc..so you have to manage to have less losses..

did you have more doubts?

So youre saying the lender would be at a loss with this?

[Diplomata]

Correct me if im wrong but poloniex have very strict policies about giving an account to someone, or even changing the information. Giving the account to an escrow is not enough because the lender could still be at a loss. Plus, if the account itself is collateral, why would anyone lend you 10btc and how would they get their money back in the event of default?

I'm not sure about these policies, but i can read about..

About the loss..i don't think will have any losses..because when you put more money as a collateral, you can buy more XMR for a example..and then close the position..and have the money back..

is important to be clear and directly .. my intention is to reduce the losses, I consider that it is better to pay someone to do this (10% for a minutes lend) than to lose all to poloniex  ...

[josephdd1]

Correct me if im wrong but poloniex have very strict policies about giving an account to someone, or even changing the information. Giving the account to an escrow is not enough because the lender could still be at a loss. Plus, if the account itself is collateral, why would anyone lend you 10btc and how would they get their money back in the event of default?

I'm not sure about these policies, but i can read about..

About the loss..i don't think will have any losses..because when you put more money as a collateral, you can buy more XMR for a example..and then close the position..and have the money back..

is important to be clear and directly .. my intention is to reduce the losses, I consider that it is better to pay someone to do this (10% for a minutes lend) than to lose all to poloniex  ...

Sorry but i really don't understand what do you propose.
An escrow that you will give your password and username on Polo, take 8BTC (collateral needs to worth at least the 120% of your loan amount) and return 11BTC to the lender.
And why don't you liquided your account and take the 10 that you want?

Btw to have someone the full control on Polo account you must disable 2FA, change mail and take off all the security measures for withdrawing.
Don't forget that Polo, also track IP's...

[Quickseller]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

[Diplomata]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

How? In minutes? they will recovery in minutes?  And why? I'm just want to reduce my losses..

[olushakes]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

How? In minutes? they will recovery in minutes?  And why? I'm just want to reduce my losses..

I still don't understand your position even after the explanations you have given. You have a deficit of 6.5btc already, but you want to borrow 10btc so you have a surplus of 3.5btc. Now with your account in the hands of an escrow, how do you intend to trade with it and repay the loan? And secondly, why will I give you my money when I'm not sure you can make a profit out of it since you are already owing 6.5btc? Correct me if I am wrong but that's the explanation I cash gather.

[Quickseller]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

How? In minutes? they will recovery in minutes?  And why? I'm just want to reduce my losses..

I am not sure why you are asking how quickly they would recover your account. This does not matter. It would probably not be minutes but would probably be quick enough so that the escrow would not be able to secure your account.

[Hatcher]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

How? In minutes? they will recovery in minutes?  And why? I'm just want to reduce my losses..

How are we sure that you can profit out of it? You have a -6.5 BTC margin position and you want to borrow money to get out of the hole. Now what if you lose even more, just like the way you lost the first 6.5 BTC?

You can say it's because you have 2.5x leverage and with a 10 BTC loan you'll have 25 BTC that you can trade with in your margin account. Ok, but what if you lose 25 BTC before you make 6.5 BTC?

[monbux]

This is a very risky proposition because of the risk that poloinex will recover your account back to you. I would think that it would not take much more than a signed message from a withdrawal and/or deposit address for you to have full control over the account.

How? In minutes? they will recovery in minutes?  And why? I'm just want to reduce my losses..

How are we sure that you can profit out of it? You have a -6.5 BTC margin position and you want to borrow money to get out of the hole. Now what if you lose even more, just like the way you lost the first 6.5 BTC?

You can say it's because you have 2.5x leverage and with a 10 BTC loan you'll have 25 BTC that you can trade with in your margin account. Ok, but what if you lose 25 BTC before you make 6.5 BTC?

Then he'll run and you'll never see him again.

So I need about 10btc to leave the operations without loss.

You sound confident that you'll be able to make that money back. :-/