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Bitcoin Forum > Economy > Marketplace > Lending > Can i put up my stock certificate for a btc loan?
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Author Topic: Can i put up my stock certificate for a btc loan?  (Read 432 times)
palmo444 (OP)
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March 05, 2016, 11:28:19 PM
 #1
was wondering if I can put up my stock certificate for a btc loan?
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March 05, 2016, 11:30:47 PM
 #2
i dont think so and:

no (valid) collateral, no loan.

Things you need to know:

[EDU] The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
How to sign a message
Bitcointalk Escrows

Read all of them and after educating your self ask again.

You can lock this topic at the lower left of this page. thank you!
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March 06, 2016, 12:07:19 AM
 #3
I think a certificate is pretty useless as it can be claimed as lost or stolen.  And it's not really practical on this forum either.  What stock and how much are you talking about anyway?
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palmo444 (OP)
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March 06, 2016, 12:28:23 AM
 #4
yes I was thinking about that and I think your right hard to put up a cert on this site to get a loan..yes symbol CKMY  carmonkeys..online car parts site
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March 06, 2016, 12:39:07 AM
 #5
Quote from: palmo444 on March 06, 2016, 12:28:23 AM
yes I was thinking about that and I think your right hard to put up a cert on this site to get a loan..yes symbol CKMY  carmonkeys..online car parts site
lol trading for $0.09/share.  How did you end up with a stock certificate?  It's not easy to get one issued nowadays.
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palmo444 (OP)
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March 06, 2016, 12:43:39 AM
 #6
I did work for the company and payment was in the certificate.it is a good company..one day the price of the stock will catch up to the success of the company.
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March 07, 2016, 02:47:49 AM
 #7
It personally sounds like you are trying to dump a worthless share. Better something than nothing am I right?
Same philosophy people use for providing collateral in unstable altcoins, or the people that get loans worth more than their account and just ditch the account. It's very shady.
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