Looking for 0.23 BTC loan with 130% CSGO Skins as collateral

[dropde4d]

This is for those who are familiar with the CSGO skins economy.

I am looking for a loan amount of 0.23 BTC.
You will be repaid 5% interest (0.2415 BTC) within a week.
I am cashing out on OPSkins thus the payment should take afew days to arrive, not longer than a week.

Collateral will be 130% of loan amount in CSGO Skins.
I will only do this through an escrow (i.e you send BTC to escrow BEFORE I send you any collateral).

PM or post here and we can work out details.

[ThatRandom8543]

This is for those who are familiar with the CSGO skins economy.

I am looking for a loan amount of 0.23 BTC.
You will be repaid 5% interest (0.2415 BTC) within a week.
I am cashing out on OPSkins thus the payment should take afew days to arrive, not longer than a week.

Collateral will be 130% of loan amount in CSGO Skins.
I will only do this through an escrow (i.e you send BTC to escrow BEFORE I send you any collateral).

PM or post here and we can work out details.

I believe you have escrow hold collateral (eg skins) before btc is sent to you, but even then I do not believe skins are valid collateral here.

[Lontongmie]

I can fund .018 of this loan through skins if needed

[onnz423]

Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

[ThatRandom8543]

Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

Interesting. I always thought csgo skins could be "chargeback" or socially engineered to have it reversed. The more you know I guess lol, however I do not see it being worth much, especially for amount OP is asking for.

[onnz423]

Interesting. I always thought csgo skins could be "chargeback" or socially engineered to have it reversed. The more you know I guess lol, however I do not see it being worth much, especially for amount OP is asking for.

Steam trades are final, so if you get scammed on a steam trade or someone hacks your account and sends them to other account you cannot get them back at all. So if you are granting loans, feel free take steam items as a collateral. However i heavily suggest not accepting steam game gifts, since those can be easily be reverted from your account if the card it was bought with was stolen.

[dropde4d]

Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

150% would've been true months ago. However, the market has changed. Look through any liquid skins (high volume) on OPSkins and they are being sold at 80% market.
Thus, IMO 130% is fair although I could go up to 200% in collateral IF it is held by a trusted and mutually agreed escrow throughout the loan.

I rarely use Bitskins. While their payments are instant, it takes a longer time for sales due to it's lower traffic vs OPSkins.

[onnz423]

Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

150% would've been true months ago. However, the market has changed. Look through any liquid skins (high volume) on OPSkins and they are being sold at 80% market.
Thus, IMO 130% is fair although I could go up to 200% in collateral IF it is held by a trusted and mutually agreed escrow throughout the loan.

I rarely use Bitskins. While their payments are instant, it takes a longer time for sales due to it's lower traffic vs OPSkins.

Can you show us what you are offering for collateral?
I will report if it is worth for the lender or not.
But you do see my point, since the prices of skins are not that stable.

[dropde4d]

Guys be careful, CS:GO skins usually go for like 20-30% cheaper in trade for real money, so you should ask for atleast 150% collateral. If someone wants to fill this, fill free to ask me if the skins are worth the risk.
CS:GO skins however are not chargebackable.

Also OP, try bitskins, they send payment instantly as btc

150% would've been true months ago. However, the market has changed. Look through any liquid skins (high volume) on OPSkins and they are being sold at 80% market.
Thus, IMO 130% is fair although I could go up to 200% in collateral IF it is held by a trusted and mutually agreed escrow throughout the loan.

I rarely use Bitskins. While their payments are instant, it takes a longer time for sales due to it's lower traffic vs OPSkins.

Can you show us what you are offering for collateral?
I will report if it is worth for the lender or not.
But you do see my point, since the prices of skins are not that stable.

CSGO skins are historically less volatile than BTC in both long & short periods. The exception here are of course the IBUYPOWER stickers

Skins can be chosen by the loaner as I am able to withdraw most skins across various gambling sites.
Although I'd highly recommend to go for something liquid like karambit dopplers fn / tiger tooth fn and the likes. I will not use keys for the bulk of the collateral as I require them for on-going trades.

I understand that this is a new account. Thus, I have offered from my very first post an escrow to be used.
Also, my CSGO steam inventory is worth ~$5000 alone and I've had $100,000 in sales on OPSkins.
Feel free to PM for my steam account to verify.