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Author Topic: need 0.30 BTC loan  (Read 380 times)
CryptoWorldX (OP)
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December 11, 2016, 09:33:31 PM
 #1

Loan Amount: 0.30 BTC
Reason for Taking out a Loan: business(finishing my website/service/token - renting few more dedicated servers)
Amount to be repaid: 0.312
Repayment Date: 19/12/2016
Type of Collateral: namecheap account with 4 domains to be used for my service(cryptoworldx.com cryptoworldx.net cryptoworldx.us cryptoworldx.online)
Bitcoin Address for loan: 1Aa1eRXuyVQ1rfMua99F7G2dNLWYvP2Dd3
monbux
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December 11, 2016, 09:46:13 PM
 #2

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
CryptoWorldX (OP)
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December 11, 2016, 09:48:01 PM
 #3

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them
condoras
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December 11, 2016, 09:52:42 PM
 #4

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

You also need to know that the Collateral must have at least 120% value for the Loan Amount.
So if you also know that these sites have not near this value, why you offer them?

Sorry but this is a almost sure a Default-Scam Loan attempt.

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monbux
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December 11, 2016, 09:55:18 PM
 #5

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them
I hate to be blunt but no one cares about what you are thinking.  If the lender can't quickly liquidate the collateral for at least the loan's worth, it is not valid collateral.
CryptoWorldX (OP)
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December 11, 2016, 09:59:30 PM
 #6

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them

You also need to know that the Collateral must have at least 120% value for the Loan Amount.
So if you also know that these sites have not near this value, why you offer them?

Sorry but this is a almost sure a Default-Scam Loan attempt.
it is not default-scam, if it was i would have not offered them, i just have a shortage next 6 days and that is for the loan, the reason i offered only those as that is only digital thing i have at this moment to offer
CryptoWorldX (OP)
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December 11, 2016, 10:00:04 PM
 #7

Those domains are not worth 0.3 BTC.  Therefore, that is an invalid collateral.
https://bitcointalk.org/index.php?topic=577765.0
yes i know they are not worth this much, but additional worth to them is that i need them and cant just re-buy if i lose them
I hate to be blunt but no one cares about what you are thinking.  If the lender can't quickly liquidate the collateral for at least the loan's worth, it is not valid collateral.
i know and i understand that
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