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Author Topic: LocalBitcoins Account  (Read 532 times)
conizer14 (OP)
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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
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January 08, 2015, 03:38:17 PM
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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
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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)
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January 08, 2015, 03:50:29 PM
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Thanks guys.

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

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