Nyx2011 (OP)
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October 18, 2015, 08:14:08 PM
Last edit: July 12, 2016, 09:57:54 PM by Nyx2011 |
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Max per individual loan is .05 btc.
1-5 day loans
5-25% interest rate (Depending on a few factors: Trust/Rank/previous loans)
115% digital collateral accepted.
What is considered valid digital collateral?
Alt coins, bitcointalk.org forum accounts, and certain domains.
125% physical collateral accepted.
What is considered valid digital collateral?
Video Game consoles, Video Games, Valuable metals, laptops, miners, tons of other stuff just ask!
No collateral for trusted users.
DO NOT ASK FOR A LOAN WITH NO COLLATERAL IF YOU ARE NOT A TRUSTED USER.
NEG REP WELCOME WITH VALID COLLATERAL
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samuray34amo
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October 18, 2015, 08:22:46 PM |
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Can you give more details about
"90% digital collateral accepted."?
Do you accept some online accounts? What are 10% that can't be accepted as collateral?
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Nyx2011 (OP)
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October 18, 2015, 08:24:17 PM |
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Can you give more details about
"90% digital collateral accepted."?
Do you accept some online accounts? What are 10% that can't be accepted as collateral?
I mean for digital collateral I'll accept 90% of the value of the loan. So if you have a domain that can be sold for around 90% of the value of your loan then I'll accept it. |
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subSTRATA
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Merit: 1043
:^)
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October 18, 2015, 08:26:16 PM |
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Max per individual loan is .05 btc.
100% physical collateral accepted.
i dont think physical collateral really makes sense when your maximum is 0.05 BTC, thats not even 20 usd. i would recommmend that you remove the idea of physical collateral entirely unless youre able and willing to lend 1+ btc for some special cases. stick to taking forum accounts as collateral and make sure those are held by a third party escrow service. also, something i notice with loan sharks in this area, be reasonable in pricing forum accounts, people vastly undervalue accounts (at like 20-40% of liquidation value) hoping to get a quick and substantial profit if the borrower ends up defaulting. |
theres nothing here. message me if you want to put something here.
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Nyx2011 (OP)
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Activity: 56
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October 18, 2015, 08:31:11 PM |
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Max per individual loan is .05 btc.
100% physical collateral accepted.
i dont think physical collateral really makes sense when your maximum is 0.05 BTC, thats not even 20 usd. i would recommmend that you remove the idea of physical collateral entirely unless youre able and willing to lend 1+ btc for some special cases. stick to taking forum accounts as collateral and make sure those are held by a third party escrow service. also, something i notice with loan sharks in this area, be reasonable in pricing forum accounts, people vastly undervalue accounts (at like 20-40% of liquidation value) hoping to get a quick and substantial profit if the borrower ends up defaulting. I'm more than willing to take physical collateral if the person would prefer to use that even though the loans are small. I appreciate your input though  . As for the pricing on accounts and what not I've got that covered don't worry. |
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jacee
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Activity: 1302
Merit: 1025
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October 19, 2015, 01:07:43 PM |
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Max per individual loan is .05 btc.
100% physical collateral accepted.
i dont think physical collateral really makes sense when your maximum is 0.05 BTC, thats not even 20 usd. i would recommmend that you remove the idea of physical collateral entirely unless youre able and willing to lend 1+ btc for some special cases. stick to taking forum accounts as collateral and make sure those are held by a third party escrow service. also, something i notice with loan sharks in this area, be reasonable in pricing forum accounts, people vastly undervalue accounts (at like 20-40% of liquidation value) hoping to get a quick and substantial profit if the borrower ends up defaulting. I'm more than willing to take physical collateral if the person would prefer to use that even though the loans are small. I appreciate your input though . As for the pricing on accounts and what not I've got that covered don't worry. I don't think physical collateral is effective at all. If you offer max 0.05 BTC just like what subSTARTA said. Unless you are offering a loan from a person in your local then it can be profitable for both. Also if that happens then why the need to post a lending section here right? If you can offer much bigger loans then someone may take it. Any way goodluck with your business. Always use an escrow for digital collaterals.  |
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Nyx2011 (OP)
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Activity: 56
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October 19, 2015, 02:00:02 PM |
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Max per individual loan is .05 btc.
100% physical collateral accepted.
i dont think physical collateral really makes sense when your maximum is 0.05 BTC, thats not even 20 usd. i would recommmend that you remove the idea of physical collateral entirely unless youre able and willing to lend 1+ btc for some special cases. stick to taking forum accounts as collateral and make sure those are held by a third party escrow service. also, something i notice with loan sharks in this area, be reasonable in pricing forum accounts, people vastly undervalue accounts (at like 20-40% of liquidation value) hoping to get a quick and substantial profit if the borrower ends up defaulting. I'm more than willing to take physical collateral if the person would prefer to use that even though the loans are small. I appreciate your input though . As for the pricing on accounts and what not I've got that covered don't worry. I don't think physical collateral is effective at all. If you offer max 0.05 BTC just like what subSTARTA said. Unless you are offering a loan from a person in your local then it can be profitable for both. Also if that happens then why the need to post a lending section here right? If you can offer much bigger loans then someone may take it. Any way goodluck with your business. Always use an escrow for digital collaterals. I like to have the option for physical collateral, even if the loans amount is pretty small (around $15). It's an extra way for someone to get a loan and provide collateral. And yes I will always use an escrow for digital collateral! |
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josephdd
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October 20, 2015, 03:20:14 PM |
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Loan amount: .03
BTC addy:1C5V64du6jD9mCoVt2wzToMrDnxZTPf5xFCollateral(optional): this account
Repayment amount: .035
Repayment date: 10/24
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Nyx2011 (OP)
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Activity: 56
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October 20, 2015, 05:59:42 PM |
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Loan amount: .03
BTC addy:1C5V64du6jD9mCoVt2wzToMrDnxZTPf5xFCollateral(optional): this account
Repayment amount: .035
Repayment date: 10/24
Accepted, find a trusted escrow of your choice to hold the account and have him contact me. |
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master-P
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October 20, 2015, 06:39:34 PM |
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-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 Today is October 20th, 2015. I am currently in control of the "josephdd" account on bitcointalk ( https://bitcointalk.org/index.php?action=profile;u=522370) as collateral for a 0.03 BTC loan from lender "Nyx2011". Lender may go ahead and send funds to the borrower's specified address at 1C5V64du6jD9mCoVt2wzToMrDnxZTPf5xF Referencing post: https://bitcointalk.org/index.php?topic=1212815.msg12738090#msg12738090Repayment date is expected on October 24th, 2015 or collateral will be released to the lender. Escrow by master-P: https://bitcointalk.org/index.php?topic=932294-----BEGIN PGP SIGNATURE----- Version: Keybase OpenPGP v2.0.47 Comment: https://keybase.io/cryptowsBcBAABCgAGBQJWJopgAAoJEIukx+duFL7Ce5sIAJyE8dSWWpEFt1f+qqY+5YiE WPie/2DFZEMWJHANdtShBJRcfwczR9vsr6eAqjZe/tmeiUec+PqyqChLGMau1llz FlHlqtrv+EapC1r7VMdv2xSlyTxe+YsT19ll7hoagxsKbVP2nTFpmFJ90EzbBQ2x bysGEfngvd7+OTjWDzHbB3ua5CGbwFPgkW7psRcxWWGD6dF1ajT1/2QOgYeXpPJy +WJcjUF0hpm25OKHRsEAVutdMd+/nKFfvpjRCBI6lonOubrP1V3ThuJ/8sZ8p9QZ JAYYKqfH4STGqlVF/5TYSHtg18BOFl3jtK9cFYMoCPWIp/hf1FzSa7LXxqOBzNc= =PotM -----END PGP SIGNATURE----- |
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Nyx2011 (OP)
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October 20, 2015, 06:48:47 PM
Last edit: October 20, 2015, 07:33:27 PM by Nyx2011 |
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1B8icJkft5dSoeznFAm8nA4LBb5UafgamR Repayment address
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bitcoin revo
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Activity: 1168
Merit: 1049
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October 20, 2015, 07:06:59 PM |
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1B8icJkft5dSoeznFAm8nA4LBb5UafgamR
Repayment address
Quoted for reference, and I fixed the quote tag. Just move the text below one more [ /quote ] tag and it should look normal. |
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Nyx2011 (OP)
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Activity: 56
Merit: 0
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October 20, 2015, 07:46:49 PM |
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Loan Amount: 0.035BTC / 0.040
Reason for Loan: Personal
Amount to be repaid: 0.45BTC / 0.050
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
I can give you a .02 loan like we talked about via PM for your account. Repayment amount is .021, escrow is a must on your account. |
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Nyx2011 (OP)
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Activity: 56
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October 20, 2015, 07:49:20 PM |
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Loan Amount: 0.02BTC
Reason for Loan: Personal
Amount to be repaid: 0.021
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
Accepted find a trusted escrow to hold your account for this transaction. Once we've confirmed he will hold the account I will send you the BTC. |
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Nyx2011 (OP)
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October 20, 2015, 07:59:50 PM |
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Nyxs short term loan service! Now lending more btc!
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Nyx2011 (OP)
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Activity: 56
Merit: 0
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October 20, 2015, 09:57:37 PM |
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Loan Amount: 0.02BTC
Reason for Loan: Personal
Amount to be repaid: 0.021
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
User was adamant he did not want to use an escrow. I told him I would only give him this loan if his account went to an escrow. He has since gone off-line, due to how sketchy he acted during our conversation and the fact he was asking for a higher loan in another thread earlier I'm going to have to decline this user the loan. |
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whywefight
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Merit: 1042
www.explorerz.top
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October 20, 2015, 11:09:23 PM |
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Loan Amount: 0.02BTC
Reason for Loan: Personal
Amount to be repaid: 0.021
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
User was adamant he did not want to use an escrow. I told him I would only give him this loan if his account went to an escrow. He has since gone off-line, due to how sketchy he acted during our conversation and the fact he was asking for a higher loan in another thread earlier I'm going to have to decline this user the loan. Check this list: Bitcointalk Escrowsi also offer my self as an escrow. |
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master-P
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October 21, 2015, 01:42:24 AM |
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Loan Amount: 0.02BTC
Reason for Loan: Personal
Amount to be repaid: 0.021
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
User was adamant he did not want to use an escrow. I told him I would only give him this loan if his account went to an escrow. He has since gone off-line, due to how sketchy he acted during our conversation and the fact he was asking for a higher loan in another thread earlier I'm going to have to decline this user the loan. Check this list: Bitcointalk Escrowsi also offer my self as an escrow. newbie miner did message me and requested if I could hold his account as collateral in escrow, I wasn't on to reply at the time though. However I would still advise against lending to too many newbies. It's very likely that they would just default on the loan to effectively sell the account. |
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Nyx2011 (OP)
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Activity: 56
Merit: 0
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October 21, 2015, 06:39:54 AM |
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Loan Amount: 0.02BTC
Reason for Loan: Personal
Amount to be repaid: 0.021
Repayment Date: 25 h Oct
Type of Collateral: (If-Applicable) None or my bitcointalk account.
Bitcoin Address: 16Ba9AwVKBXH4qbCcEj5gVJhAYYWXqd3Wb
User was adamant he did not want to use an escrow. I told him I would only give him this loan if his account went to an escrow. He has since gone off-line, due to how sketchy he acted during our conversation and the fact he was asking for a higher loan in another thread earlier I'm going to have to decline this user the loan. Check this list: Bitcointalk Escrowsi also offer my self as an escrow. newbie miner did message me and requested if I could hold his account as collateral in escrow, I wasn't on to reply at the time though. However I would still advise against lending to too many newbies. It's very likely that they would just default on the loan to effectively sell the account. I agree with you there, and considering how many times he mentioned not using an escrow for this transaction I have no doubt thats what he wanted to do. I won't leave negative trust for this user because I can't really prove he did anything wrong, however I will not be giving him a loan. |
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