Bitcoin Forum
April 27, 2024, 05:19:23 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: looking for a loan of 0.5 BTC for 3 days - have collateral  (Read 488 times)
GoldSeal (OP)
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002



View Profile
October 18, 2016, 03:36:41 AM
 #1

I'm looking to borrow 0.5 BTC for 5 days. I can offer 66m sprouts as collateral. Please offer an interest rate.

Thanks,
GS

Moving to Puerto Rico...
1714195163
Hero Member
*
Offline Offline

Posts: 1714195163

View Profile Personal Message (Offline)

Ignore
1714195163
Reply with quote  #2

1714195163
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714195163
Hero Member
*
Offline Offline

Posts: 1714195163

View Profile Personal Message (Offline)

Ignore
1714195163
Reply with quote  #2

1714195163
Report to moderator
1714195163
Hero Member
*
Offline Offline

Posts: 1714195163

View Profile Personal Message (Offline)

Ignore
1714195163
Reply with quote  #2

1714195163
Report to moderator
1714195163
Hero Member
*
Offline Offline

Posts: 1714195163

View Profile Personal Message (Offline)

Ignore
1714195163
Reply with quote  #2

1714195163
Report to moderator
monbux
Legendary
*
Offline Offline

Activity: 1736
Merit: 1024



View Profile WWW
October 18, 2016, 04:18:22 AM
 #2

I'm looking to borrow 0.5 BTC for 5 days. I can offer 66m sprouts as collateral. Please offer an interest rate.

Thanks,
GS
If you are talking about this coin: https://bitcointalk.org/index.php?topic=1103868.0
It seems dead looking at the exchanges - meaning that it will be very hard to liquidate the collateral in case you default.  Therefore, it is not considered a valid collateral.
GoldSeal (OP)
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002



View Profile
October 18, 2016, 05:44:16 AM
 #3

I'm looking to borrow 0.5 BTC for 5 days. I can offer 66m sprouts as collateral. Please offer an interest rate.

Thanks,
GS
If you are talking about this coin: https://bitcointalk.org/index.php?topic=1103868.0
It seems dead looking at the exchanges - meaning that it will be very hard to liquidate the collateral in case you default.  Therefore, it is not considered a valid collateral.
, it can still be sold
It's on bittrex with 0 x 1 sat spread which has stalled it last couple weeks. However there are those looking to buy them still privately and on cryptopia for less than 1 sat.

Moving to Puerto Rico...
Naoko
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
October 18, 2016, 05:56:32 AM
 #4

I'm looking to borrow 0.5 BTC for 5 days. I can offer 66m sprouts as collateral. Please offer an interest rate.

Thanks,
GS
If you are talking about this coin: https://bitcointalk.org/index.php?topic=1103868.0
It seems dead looking at the exchanges - meaning that it will be very hard to liquidate the collateral in case you default.  Therefore, it is not considered a valid collateral.
, it can still be sold
It's on bittrex with 0 x 1 sat spread which has stalled it last couple weeks. However there are those looking to buy them still privately and on cryptopia for less than 1 sat.

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, October 21st 2016 unless the average daily trade volume for the last 14 days exceeds 0.3 BTC. If you would like to keep the market listed, please encourage the development team to contact us at support@bittrex.com. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."

so i doubt it will be easy to recover the money of the lender incase you default here, there is even no buy orders so the lender would wait for someone willing to buy a dying coin
GoldSeal (OP)
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002



View Profile
October 18, 2016, 08:22:55 AM
 #5

I'm looking to borrow 0.5 BTC for 5 days. I can offer 66m sprouts as collateral. Please offer an interest rate.

Thanks,
GS
If you are talking about this coin: https://bitcointalk.org/index.php?topic=1103868.0
It seems dead looking at the exchanges - meaning that it will be very hard to liquidate the collateral in case you default.  Therefore, it is not considered a valid collateral.
, it can still be sold
It's on bittrex with 0 x 1 sat spread which has stalled it last couple weeks. However there are those looking to buy them still privately and on cryptopia for less than 1 sat.

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, October 21st 2016 unless the average daily trade volume for the last 14 days exceeds 0.3 BTC. If you would like to keep the market listed, please encourage the development team to contact us at support@bittrex.com. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."

so i doubt it will be easy to recover the money of the lender incase you default here, there is even no buy orders so the lender would wait for someone willing to buy a dying coin

There are other markets on other exchanges. Bittrex is just one. However, thanks for your opinion.

Moving to Puerto Rico...
Doamader
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
October 18, 2016, 09:50:36 AM
 #6

Why dont you sell those crypto coins instead for a big ammount here, i dont believe somone will risk their bitcoins within a coin without alsmost no value, soo op you should find a better colateral like your account and reduce the loan ammount.
GoldSeal (OP)
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002



View Profile
October 18, 2016, 11:02:27 AM
 #7

Found another way. No longer need a loan. Thx for looking though.

Moving to Puerto Rico...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!