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Author Topic: Question about Valid Collateral  (Read 1704 times)
enhu
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December 01, 2015, 05:45:49 PM
 #1



I'm trying to acquire about 5btc and my collateral will be my website and some domains. I have a local travel blog with a growing forum of its own and the domains along with it in my fatcow account. is this going to be a valid collateral and can i get about 5btcs for it?

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December 01, 2015, 05:49:11 PM
 #2

That depends. A valid collateral must be around 110%-115% of the loan value and it should be easily to liquidate.
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December 01, 2015, 05:52:22 PM
 #3



I'm trying to acquire about 5btc and my collateral will be my website and some domains. I have a local travel blog with a growing forum of its own and the domains along with it in my fatcow account. is this going to be a valid collateral and can i get about 5btcs for it?

It is valid collateral in the sense the domains can be transferred and not recovered and you may grant exclusive access/ownership for your site/server to the lender (or escrow). Just keep in mind the ownership can't be shared with you for it to be valid collateral.
Regarding the value you'd need to publish specific traffic and income stats to establish whether it's worth more than 5BTC plus interest. If you think it is then I recommend you to post your loan request with the full information.

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December 01, 2015, 06:04:48 PM
 #4

To answer your question we would need a lot more information....

How many unique hits does your website get a month?
Does it have revenue?
Are the domains unique? LLL.com or LLLL.com?
.........
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December 01, 2015, 06:29:00 PM
 #5

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Are the domains unique? LLL.com or LLLL.com?
you mean 3-4 letter domains? No. but they do have the keywords for the niche.

the blog don't have constant traffic though, traffic usually go up to 300 to 500 a day during January because of the largest feast in the country where thousands of tourists visits our city.  Earns adsense about a $100 every 5 to 6 months.

sure not worth 5btc though, if anyone would like to check the site, I cam pm it and maybe we can make a deal how much you can lend or so.


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December 01, 2015, 06:40:51 PM
 #6

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Are the domains unique? LLL.com or LLLL.com?
you mean 3-4 letter domains? No. but they do have the keywords for the niche.

the blog don't have constant traffic though, traffic usually go up to 300 to 500 a day during January because of the largest feast in the country where thousands of tourists visits our city.  Earns adsense about a $100 every 5 to 6 months.

sure not worth 5btc though, if anyone would like to check the site, I cam pm it and maybe we can make a deal how much you can lend or so.



Well the collateral should be around 110-115% of the loan amount and i don't think this is the case.

Also keep in mind a lender would rather take collateral that can be sold fast and easy.
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December 02, 2015, 07:21:47 AM
 #7

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust
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December 02, 2015, 09:54:17 AM
 #8

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley

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December 02, 2015, 10:00:03 AM
 #9

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.














 

 

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enhu
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December 02, 2015, 11:41:49 AM
 #10

 Maybe Later. I have to ask money somewhere else, a pawnshop should help me. Thanks anyway.

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       ╙▄▀▄▀π,                       ,▄█▀▀▀
         '═▌▄"▄"═             ,.∞═$██▀
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December 02, 2015, 02:11:39 PM
 #11

many people not agree if that being collateral for 5BTC,but i think its can be. some domain and good website also have a good price.
but ts depending deal between you and lender.

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December 02, 2015, 09:22:55 PM
 #12

Maybe Later. I have to ask money somewhere else, a pawnshop should help me. Thanks anyway.

Sorry mate, but no one will give you that amount of money here without a good and proper collateral. After all, we are all strangers here.

You will much easier get money from your friends or family, so better to concentrate on that then to waste your time here.

Hope you will solve your problems after all. Best of luck!
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December 03, 2015, 07:23:26 AM
 #13

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.

4 legendary seems too much for just 5 btc, a good legendary with plenty of trust alone is worth more than 5 btc

i know that my account is worth a tons more, because i made more than 5 btc here with this account, no way i'm selling it for 1.25 btc ...for example
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December 03, 2015, 07:32:53 AM
 #14

So who's willing to sell a Legendary account, pm offers Wink
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December 03, 2015, 08:34:11 AM
 #15

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

The best collateral would be an altcoin. I have seen plenty of loan requests using domains as a collateral and most of them are not accepted because the user is offering a shitty domain, if you can prove your site is worth 5btc or more then I'm sure someone will. Why do you need the 5 bitcoins in the first place?

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December 03, 2015, 11:52:51 AM
 #16

Hello

The best type of collateral are probably altcoins.

But there are very few borrowers who can offer this as a form of collateral. Bitcoin talk accounts seem to be a currency on this forum as many people seem to be buying and selling them.

For your own situation you need to prove to the lender who will give you 5 BTC that your website has value and can easily be sold or somehow the 5 BTC can be got back with profit. Anyway good luck in getting this loan and try and offer as much collateral as you can as this will sway lenders to give you a loan.

Cheers



I'm trying to acquire about 5btc and my collateral will be my website and some domains. I have a local travel blog with a growing forum of its own and the domains along with it in my fatcow account. is this going to be a valid collateral and can i get about 5btcs for it?
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December 03, 2015, 12:10:36 PM
 #17

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars. Smiley
Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.

4 legendary seems too much for just 5 btc, a good legendary with plenty of trust alone is worth more than 5 btc

i know that my account is worth a tons more, because i made more than 5 btc here with this account, no way i'm selling it for 1.25 btc ...for example
We're talking about a loan here. The resell value have to be higher than the original value. I have seen legendary going to 1BTC but not much after that. In most cases, users buy accounts for signature campaign. After Sr member, there is very little gap in the value and most probably won't want to fork out extra for a higher rank account as they can depreciate greatly with time. You may have made 5BTC but not everyone have the potential. Much less with the price on the rise, most accounts are worth much less than before.














 

 

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December 04, 2015, 07:29:02 AM
 #18

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

The best collateral would be an altcoin. I have seen plenty of loan requests using domains as a collateral and most of them are not accepted because the user is offering a shitty domain, if you can prove your site is worth 5btc or more then I'm sure someone will. Why do you need the 5 bitcoins in the first place?

not my site, but my account, i've made 20 btc with this account, so yes it's worth much more than a mere 1 btc

and no, altcoin ar enot a valid collateral they depreciate very easily, and a very unstable, i would not take any altcoin as a collateral not even litecoin

instead an hero account is still worth at least 0.5 even today
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December 04, 2015, 08:00:27 AM
 #19

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

The best collateral would be an altcoin. I have seen plenty of loan requests using domains as a collateral and most of them are not accepted because the user is offering a shitty domain, if you can prove your site is worth 5btc or more then I'm sure someone will. Why do you need the 5 bitcoins in the first place?

not my site, but my account, i've made 20 btc with this account, so yes it's worth much more than a mere 1 btc

and no, altcoin ar enot a valid collateral they depreciate very easily, and a very unstable, i would not take any altcoin as a collateral not even litecoin

instead an hero account is still worth at least 0.5 even today
Hero or legendary account is a type of valid collateral considering that no many such accounts are existing at the moment. For the low level member accounts, altcoins are the best provided collateral. Most of lenders require the altcoins be listed at the major exchhanges and have high trading volume in case of liquidation. The high volatility may be a concern. The lenders could ask for 30%, 40% or more than the loan. In case the value of collateral drops down from the loan amount, lenders could set the rule asking to add more collateral.
XinXan
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December 04, 2015, 08:00:54 AM
 #20

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

The best collateral would be an altcoin. I have seen plenty of loan requests using domains as a collateral and most of them are not accepted because the user is offering a shitty domain, if you can prove your site is worth 5btc or more then I'm sure someone will. Why do you need the 5 bitcoins in the first place?

not my site, but my account, i've made 20 btc with this account, so yes it's worth much more than a mere 1 btc

and no, altcoin ar enot a valid collateral they depreciate very easily, and a very unstable, i would not take any altcoin as a collateral not even litecoin

instead an hero account is still worth at least 0.5 even today

Your personal opinion doesn't matter man, stable altcoins are considered as the best form of collateral, you would need to use 110-120% of the value of the loan but anyone would accept altcoins before btc accounts or other type of digital goods, inform yourself better please.

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