Bitcoin Forum
November 25, 2017, 04:26:04 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Offering Short Term Litecoin Loans  (Read 827 times)
CaptChadd
Hero Member
*****
Offline Offline

Activity: 882


Product Marketing & Promotion / Software Developer


View Profile WWW
February 01, 2013, 10:48:24 PM
 #1

I am offering small Litecoin loans.

My aim is to increase interest in this altcoin and offer short term loans for an altcoin that is not worth the massive amount that Bitcoin is. (Which increases scam likelihood)

If you want a Litecoin loan then you must fit the below criteria.

1) Have been a member for at least 6 months.
2) Have a post count of 100 or more.


To apply for a loan please comment on here stating how much you require and timescale for payback.

The maximum amount of time a loan can be taken for is one month and payment will be made in weekly instalments.

The weekly rate will be 2% compounded.

This loan offering is part of a project I am developing and this is to gauge interest in Litecoin loans.

If this becomes popular then I will eventually start offering larger loans and over a longer period, to long term regulars.

Thanks.
1511583964
Hero Member
*
Offline Offline

Posts: 1511583964

View Profile Personal Message (Offline)

Ignore
1511583964
Reply with quote  #2

1511583964
Report to moderator
1511583964
Hero Member
*
Offline Offline

Posts: 1511583964

View Profile Personal Message (Offline)

Ignore
1511583964
Reply with quote  #2

1511583964
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511583964
Hero Member
*
Offline Offline

Posts: 1511583964

View Profile Personal Message (Offline)

Ignore
1511583964
Reply with quote  #2

1511583964
Report to moderator
1511583964
Hero Member
*
Offline Offline

Posts: 1511583964

View Profile Personal Message (Offline)

Ignore
1511583964
Reply with quote  #2

1511583964
Report to moderator
TradeFortress
VIP
Legendary
*
Offline Offline

Activity: 910


View Profile
February 02, 2013, 05:17:55 AM
 #2

Any interest in a 1,000 LTC loan for 2 weeks @ 2% interest (>50% apr)?
CaptChadd
Hero Member
*****
Offline Offline

Activity: 882


Product Marketing & Promotion / Software Developer


View Profile WWW
February 02, 2013, 09:32:31 AM
 #3

Hi there,

Are you asking for a loan from me or starting your own thread mate?
modcom
Full Member
***
Offline Offline

Activity: 233



View Profile
February 03, 2013, 12:56:13 PM
 #4

What is the point? I take a loan from you and do what with the Litecoins? They're not accepted anywhere. There is no vendor base. Their only true value is to convert them to Bitcoins on an exchange. Where is the enticement?

Deprived
Hero Member
*****
Offline Offline

Activity: 532


View Profile
February 03, 2013, 01:09:24 PM
 #5

What is the point? I take a loan from you and do what with the Litecoins? They're not accepted anywhere. There is no vendor base. Their only true value is to convert them to Bitcoins on an exchange. Where is the enticement?

You could trade securities on LTC-Global.
You could use them to short LTC.
You could loan them to someone else at a higher interest rate.

etc.

If you don't have a need for loan then don't borrow LTC - but don't confuse that with there being no valid reason for ANYONE to want a loan.
MKEGuy
Full Member
***
Offline Offline

Activity: 154


View Profile
February 03, 2013, 08:00:34 PM
 #6

I currently have a loan out on LTC (I loaned someone LTC) and it was not a scam.

So yes - there is a want/need for this at times.

If you would consider it - I would gladly go in half with you on any loans as long as we evaluate the risks as well as we can.  The terms you have provided seem to take care of a good deal of the scammers already! Smiley

If you have >100 posts play the Circle of Trust Game  If I have helped you in any way, or you are just feeling generous... please feel free to donate! Smiley LNarfMNLyymkS9WYQFLcmr46AeMYNP8Qj2
sublime5447
Hero Member
*****
Offline Offline

Activity: 784



View Profile
February 05, 2013, 04:25:13 AM
 #7

I dont need a loan I just want to buy the coins. i can pay with pay pal I am a ebay seller.

COBINHOOD – ZERO TRADING FEE CRYPTOCURRENCY EXCHANGE 
slack
Telegram
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!