yochdog (OP)
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January 30, 2013, 04:12:07 PM |
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Putting out feelers on the following:
-$25,000 loan with a 3 year amortization (36 monthly payments) -interest at 10% -loan funded in BTC at prevailing spot rate at the time of agreement -loan payments made in BTC at the prevailing spot rate at time of payment -no prepayment penalty
An example:
Loan funded today at current spot-rate of $19.50, thus lender sends 1,282.051 BTC ($25,000/19.50) to my address. Re-payments begin 30 days from funding, and are due every 30 days thereafter, with payments of $806.68.
First 6 payments would be as follows, assuming the given hypothetical exchange rates:
Feb 28th, $21.50: 806.68/21.50 = 37.52 BTC Mar 30th, $18.96: 806.68/19.96 = 40.41 BTC April 30th, $16.56: 806.68/16.56 = 48.71 BTC May 30th, $22.45: 806.68/22.45 = 35.93 BTC June 30th, $23.01: 806.68/23.01 = 35.05 BTC July 30th, $14.45: 806.68/14.45 = 55.82 BTC
Constructive feedback is appreciated, and serious counter-offers are welcome.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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yochdog (OP)
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February 10, 2013, 06:49:00 PM |
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Bumping this. I assume since everyone is 110% confident BTC can only go higher there are few takers.....
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I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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marhjan
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Poorer than I ought to be
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February 14, 2013, 05:16:00 PM |
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Bumping this. I assume since everyone is 110% confident BTC can only go higher there are few takers.....
This is basically a request for someone to short btc over a 3 year period. good luck finding a taker on this forum - the only way you might convince someone would be a substantially higher interest rate to mitigate deflation risk.
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yochdog (OP)
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February 14, 2013, 05:25:29 PM |
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Bumping this. I assume since everyone is 110% confident BTC can only go higher there are few takers.....
This is basically a request for someone to short btc over a 3 year period. good luck finding a taker on this forum - the only way you might convince someone would be a substantially higher interest rate to mitigate deflation risk. I like to look at it as not an opportunity to short BTC, but for a large holder to diversify assets and earn a good return for doing so.
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I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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Dalkore
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Mining since 2010 & Hosting since 2012
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February 21, 2013, 06:12:53 PM |
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You are correct, I seriously considered your proposal but in turn I believe BTC is going much higher based on it is being treated as a savings medium that people really can't affect enough compared to other savings mediums.
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