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Author Topic: 0.15 loan | Valid LTC collateral  (Read 1564 times)
worhiper_-_ (OP)
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April 19, 2015, 09:52:56 AM
Last edit: April 19, 2015, 02:15:27 PM by worhiper_-_
 #1

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length   : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
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BTCBLOGGER
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April 19, 2015, 10:07:14 AM
 #2

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length  : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
Can I give you the loan or you are looking someone from the default trust list.
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April 19, 2015, 11:37:38 AM
 #3

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length  : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
Can I give you the loan or you are looking someone from the default trust list.

I can also help you, if you want search an escrow (I would like to use Quickseller if you agree). Let me know, also through a PM.

Thanks for the attention.
worhiper_-_ (OP)
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April 19, 2015, 01:57:38 PM
 #4

How could an escrow secure this loan? By holding the collateral until payback/default?

Also, if you're trusted I don't require an escrow but we could use one if you feel that it's necessary.
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April 19, 2015, 02:04:52 PM
 #5

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length   : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
Can I give you the loan or you are looking someone from the default trust list.
You are on default trust and he most likely is looking to get the loan from someone on default trust so he knows his collateral is safe can buy trust

edit: I am not sure why so many people are jumping at this when he isn't offering to pay any interest. The lack of interest payment means that the loan is not going to be worth your time, you are still taking (a small amount of) risk, and you will still need to pay a tx fee
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April 19, 2015, 02:06:48 PM
 #6

How could an escrow secure this loan? By holding the collateral until payback/default?

Also, if you're trusted I don't require an escrow but we could use one if you feel that it's necessary.

Yes the escrow would hold the collateral and will return it until you repay the loan.
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April 19, 2015, 02:08:08 PM
 #7


You are on default trust and he most likely is looking to get the loan from someone on default trust so he knows his collateral is safe can buy trust


is this not the case with most loans being requested around here? some users who frequently ask for small loans and pays back to receive trust ratings from lenders. i think some lenders should be more conservative with giving out trust ratings epsecially when its just small amounts are involved in loan or transactions.
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April 19, 2015, 02:17:20 PM
 #8

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length  : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
Can I give you the loan or you are looking someone from the default trust list.
You are on default trust and he most likely is looking to get the loan from someone on default trust so he knows his collateral is safe can buy trust

edit: I am not sure why so many people are jumping at this when he isn't offering to pay any interest. The lack of interest payment means that the loan is not going to be worth your time, you are still taking (a small amount of) risk, and you will still need to pay a tx fee

That's not Vod.
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April 19, 2015, 02:20:43 PM
 #9

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length  : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.
Can I give you the loan or you are looking someone from the default trust list.
You are on default trust and he most likely is looking to get the loan from someone on default trust so he knows his collateral is safe can buy trust

edit: I am not sure why so many people are jumping at this when he isn't offering to pay any interest. The lack of interest payment means that the loan is not going to be worth your time, you are still taking (a small amount of) risk, and you will still need to pay a tx fee

That's not Vod.
LOL oops.


You are on default trust and he most likely is looking to get the loan from someone on default trust so he knows his collateral is safe can buy trust


is this not the case with most loans being requested around here? some users who frequently ask for small loans and pays back to receive trust ratings from lenders. i think some lenders should be more conservative with giving out trust ratings epsecially when its just small amounts are involved in loan or transactions.
Yes. I generally have adopted the practice of not giving out trust for smaller loans as of recently unless I otherwise deem them to be trustworthy. Although I think a lot of the loans requested on here are actually for gambling
worhiper_-_ (OP)
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April 19, 2015, 02:22:43 PM
 #10

Redsn0w is not on depth 2 default trust... You'd think that someone like Quickseller that actually holds a spot in the list would know that but he doesn't...

As of the fees. I'll cover any potential fees. This includes potential escrow fees.

And don't worry my tip to the lender will be big enough, transaction fees are insignificant.

Anyway, I gave enough attention to off topic replies.


Redsn0w, if you're still interested to help me with this loan please PM me.
redsn0w
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April 19, 2015, 02:36:56 PM
 #11

Redsn0w is not on depth 2 default trust... You'd think that someone like Quickseller that actually holds a spot in the list would know that but he doesn't...

As of the fees. I'll cover any potential fees. This includes potential escrow fees.

And don't worry my tip to the lender will be big enough, transaction fees are insignificant.

Anyway, I gave enough attention to off topic replies.


Redsn0w, if you're still interested to help me with this loan please PM me.

Sent the PM...
Muhammed Zakir
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April 19, 2015, 03:36:47 PM
 #12

If loan isn't fulfilled by redsn0w, send me a PM. Thanks!

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April 19, 2015, 05:52:30 PM
 #13

How could an escrow secure this loan? By holding the collateral until payback/default?

Also, if you're trusted I don't require an escrow but we could use one if you feel that it's necessary.

since you are offering 125% of the loan, you ar at risk here and not the lender.
of course the collateral % will change in time so the time term is also important IMO
redsn0w
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April 19, 2015, 05:57:30 PM
 #14

If loan isn't fulfilled by redsn0w, send me a PM. Thanks!

I think this time I will pass and I have already contact him through PM. So I think you can give him the loand without any type of problem, good luck.

worhiper_-_ (OP)
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April 19, 2015, 06:40:13 PM
 #15

I'm in talks with Neotox for the loan.
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April 19, 2015, 07:01:46 PM
 #16

Ok, as we agreed via PM,here is my LTC address to send the collateral

LVkt3rLrPro1sB3mPeFG3xTQ733c1VT79Z

please post the Tx Id here when your have sent LTC and also post your bitcoin address here publicly

Available
PM me to rent this space.
worhiper_-_ (OP)
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April 19, 2015, 09:00:12 PM
 #17

Ok, as we agreed via PM,here is my LTC address to send the collateral

LVkt3rLrPro1sB3mPeFG3xTQ733c1VT79Z

please post the Tx Id here when your have sent LTC and also post your bitcoin address here publicly

http://ltc.blockr.io/zerotx/info/9c10de4432e2690251d35700de35ee4fb48861d76b9b370129b6b67f53d35031

Funds sent.

Please return my litecoins after repayment to your address. I'll pay back in 7 days (give or take) after receiving the BTC as mentioned in the OP.

Here's my LTC address:

LNBugLbVTS4STwx3jhmM5AyVZCiYH6mEgy
worhiper_-_ (OP)
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April 19, 2015, 09:02:44 PM
 #18

Also, I'm expecting the loan funds in the bitcoin address seen in the OP. Thanks.
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April 20, 2015, 03:46:36 AM
Last edit: April 20, 2015, 04:03:57 AM by Neotox
 #19

I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length   : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.

Sent
https://blockchain.info/tx/3a46707e3a73b263be589c2e1272d4ad1378100591c7867d3bb9481316d7e873

Repayment Time: 7 Days (27/04/2015)
My bitcoin address for repayment: 1AK7oAdLSuiYri6GNhBZXWF8LXVBbxcznn

please don't edit your first post until loan is repaid

Available
PM me to rent this space.
Muhammed Zakir
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April 20, 2015, 04:04:22 AM
 #20

Ok, as we agreed via PM,here is my LTC address to send the collateral

LVkt3rLrPro1sB3mPeFG3xTQ733c1VT79Z

please post the Tx Id here when your have sent LTC and also post your bitcoin address here publicly

http://ltc.blockr.io/zerotx/info/9c10de4432e2690251d35700de35ee4fb48861d76b9b370129b6b67f53d35031

Funds sent.

Please return my litecoins after repayment to your address. I'll pay back in 7 days (give or take) after receiving the BTC as mentioned in the OP.

Here's my LTC address:

LNBugLbVTS4STwx3jhmM5AyVZCiYH6mEgy
Also, I'm expecting the loan funds in the bitcoin address seen in the OP. Thanks.
I have 30 LTC that I'm not willing to sell on the short term. I'll be using them as collateral.

Loan Amount : 0.15
BTC Address  : 1RyDcKZdYAguTeDFpyQfMsnepdBHXDyCh
Term Length  : Give or take seven days after receiving the loan.
Interest: 0% Although I might give you a tip for your service
Collateral 30 LTC

The collateral is worth more than 125% of the requested amount. Only according to the current LTC price of 0.00625076.

I could provide some more alt coins as collateral but I'm confident that 125% with litecoin is enough. I'll only take the loan from a reputable member, so please don't send anything to the above address before I give you the OK.

Sent
https://blockchain.info/tx/3a46707e3a73b263be589c2e1272d4ad1378100591c7867d3bb9481316d7e873

Repayment Time: 7 Days (27/04/2015)
My bitcoin address for repayment: 1AK7oAdLSuiYri6GNhBZXWF8LXVBbxcznn

please don't edit your first post until loan is repaid


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