If TF helps you out do it in cash. not many people will loan a coin for FIAT uses.
To risky, what if within two weeks a coin costs a grand? how would you justify paying back your 60 dollars at a grand?
Ok say somebody lent me 0.4btc,and in 2 weeks 1 btc was worth $1000.Wouldn't that mean say 0.05(example) would be worth what I owe?
No, because you borrowed in BTC so you would be expected to pay back 0.6 BTC as promised. This is why borrowing in BTC is VERY risky to do.
ahh I see now.If I borrowed 1 bitcoin I would be expected to pay back 1 bitcoin.Even if when I borrowed it that 1 bitcoin was only worth $100.Then when it comes for me to pay it back that 1 bitcoin is worth $200.lol I am learning.
Lol slowly.. But yes, if you have no way to have the coins waiting and you move what you borrow to fiat, than your in troubles.
You wont get someone to lend oyu coins to move to fiat, especially looking for a $60 loan tells us you don't have an income or much money to spend. $60 for me is beer for a weekend. lol
