How to provide a collateral?

[bobmarley650]

For example i have 2 BTCs in my bitstamp account. am i going to take a screenshot?

[bill gator]

For example i have 2 BTCs in my bitstamp account. am i going to take a screenshot?

Take a look at this thread in reference to valid collateral : https://bitcointalk.org/index.php?topic=577765.0

It is pretty thoroughly explained, and if you have more questions they should probably be directed to the Meta section.

A screenshot would almost never be considered valid collateral under any circumstance.

[zazarb]

For example i have 2 BTCs in my bitstamp account. am i going to take a screenshot?

just little confused, if you have 2btc , that why you need loan? unless you account suspended and fund not withdrawable.
in that case it worthless as collateral

[bill gator]

For example i have 2 BTCs in my bitstamp account. am i going to take a screenshot?

just little confused, if you have 2btc , that why you need loan? unless you account suspended and fund not withdrawable.
in that case it worthless as collateral

Ergo he has to use an old screen-shot or a skewed perspective screenshot of his bitstamp account in order to provide "collateral" .


This collateral is like showing a thirsty person in the dessert a picture of a water bottle and telling them you promise you have water, but all you can show is the picture.