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Author Topic: Need a loan of 0.15 ETH. Interest of 5% will be given.  (Read 648 times)
siddartha1492 (OP)
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September 18, 2017, 07:20:51 AM
 #1

Hi Guys

I need a loan of 0.15 ETH to participate in HashRush ICO which starts on 20 September 2017. The first 3 days of the ICO are very important as they will give 20% bonus coins and some in game bonuses. I wouldn't need the loan if the dates were a month later, but since I can not arrange for 0.15 ETH in such a short period of time, I am asking for a loan. I will return the base amount with 5% interest within 30 days. As a collateral, I am on a bounty campaign of Hashrush and will get my reward tokens after 20 October. And they are a lot more worth than 0.15 ETH. Also my Bitcointalk account is Full member level. Other than that I am also on Steemit with high reputation: https://steemit.com/@siddartha . My own Bitcoins are invested in some other sites and I don't have enough SBD (Steem backed Dollars) equivalent to 0.15 ETH. I will be getting some Bitcoins and SBD within next 30 days and so I will pay the lender on time. I have already done a successful trade here without any issues: https://bitcointalk.org/index.php?topic=2119854.0

Please let me know who all are interested in giving me the loan. I still have 2-4 days left.

Thanking You
Siddartha Gupta

ThatRandom8543
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September 18, 2017, 08:20:42 AM
 #2

Hi Guys

I need a loan of 0.15 ETH to participate in HashRush ICO which starts on 20 September 2017. The first 3 days of the ICO are very important as they will give 20% bonus coins and some in game bonuses. I wouldn't need the loan if the dates were a month later, but since I can not arrange for 0.15 ETH in such a short period of time, I am asking for a loan. I will return the base amount with 5% interest within 30 days. As a collateral, I am on a bounty campaign of Hashrush and will get my reward tokens after 20 October. And they are a lot more worth than 0.15 ETH. Also my Bitcointalk account is Full member level. Other than that I am also on Steemit with high reputation: https://steemit.com/@siddartha . My own Bitcoins are invested in some other sites and I don't have enough SBD (Steem backed Dollars) equivalent to 0.15 ETH. I will be getting some Bitcoins and SBD within next 30 days and so I will pay the lender on time. I have already done a successful trade here without any issues: https://bitcointalk.org/index.php?topic=2119854.0

Please let me know who all are interested in giving me the loan. I still have 2-4 days left.

Thanking You
Siddartha Gupta

Your collateral isnt valid. One doesnt know the outcome of a token before it hits an exchange, and even if it does, doesnt mean it would be worth simply more (aka future income). Your account doesnt worth what youre asking, and external reputation isnt valid collateral either. If you have any other type of collateral that is valid and atleast 120% of what youre asking I wouldnt mind lending you the 0.15 eth, and others probably wouldnt mind either. It cannot simply be a token that isnt on an exchange and it should be something that can be easily liquidated in the event of a default. 
siddartha1492 (OP)
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September 18, 2017, 08:35:28 AM
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Your collateral isnt valid. One doesnt know the outcome of a token before it hits an exchange, and even if it does, doesnt mean it would be worth simply more (aka future income). Your account doesnt worth what youre asking, and external reputation isnt valid collateral either. If you have any other type of collateral that is valid and atleast 120% of what youre asking I wouldnt mind lending you the 0.15 eth, and others probably wouldnt mind either. It cannot simply be a token that isnt on an exchange and it should be something that can be easily liquidated in the event of a default.  

If I had any other altcoins then I would have myself converted them to ETH instead of asking for a loan and giving 5% interest. I don't know how come my Bitcointalk account not sufficient for the collateral. I have seen many users with lower rankings using their accounts as collateral. Also even though I can understand external reputation would not count, but I am just giving you an idea that I am not asking for a loan as an anonymous person and will pay the loan in a 30 days period. I know it is hard to believe anyone these days, but I am not a pick and run guy. That's why told about Steemit account. Can also share my Facebook profile and page with interested lender. Won't risk all of these reputations of mine for 0.15 ETH!!

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September 18, 2017, 06:17:15 PM
 #4

If I had any other altcoins then I would have myself converted them to ETH instead of asking for a loan and giving 5% interest. I don't know how come my Bitcointalk account not sufficient for the collateral. I have seen many users with lower rankings using their accounts as collateral.
Using accounts as collateral isn't the most accepted way to get loans here.It's depends on lenders and evaluated case-by-case.Since account selling is not endorsed on this forum,lenders don't wanna risk their reputation for selling accounts if at all you don't pay back.Moreover,no one said an account would give you a loan here.

Also even though I can understand external reputation would not count, but I am just giving you an idea that I am not asking for a loan as an anonymous person and will pay the loan in a 30 days period. I know it is hard to believe anyone these days, but I am not a pick and run guy. That's why told about Steemit account. Can also share my Facebook profile and page with interested lender. Won't risk all of these reputations of mine for 0.15 ETH!!
All those social media accounts can't be used as a valid collateral.Read that what is valid collateral twice.You can be legit ,as  much as you claim but the legend says,"No Collateral,No Loan".
siddartha1492 (OP)
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September 19, 2017, 06:51:52 AM
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If I had any other altcoins then I would have myself converted them to ETH instead of asking for a loan and giving 5% interest. I don't know how come my Bitcointalk account not sufficient for the collateral. I have seen many users with lower rankings using their accounts as collateral.
Using accounts as collateral isn't the most accepted way to get loans here.It's depends on lenders and evaluated case-by-case.Since account selling is not endorsed on this forum,lenders don't wanna risk their reputation for selling accounts if at all you don't pay back.Moreover,no one said an account would give you a loan here.

Also even though I can understand external reputation would not count, but I am just giving you an idea that I am not asking for a loan as an anonymous person and will pay the loan in a 30 days period. I know it is hard to believe anyone these days, but I am not a pick and run guy. That's why told about Steemit account. Can also share my Facebook profile and page with interested lender. Won't risk all of these reputations of mine for 0.15 ETH!!
All those social media accounts can't be used as a valid collateral.Read that what is valid collateral twice.You can be legit ,as  much as you claim but the legend says,"No Collateral,No Loan".
As I said that those social media accounts are not as collateral but to confirm my identity. You can see my steemit account, it alone has more than 300 steem, which is more than $300 as of now. Plus pending rewards. And by my account as a collateral I mean that I would not risk getting negative rep or even account blocked for some $40 or so. And specially when I have to receive tokens from hashrush bounty campaign. I know what these tokens are not listed on any exchange, but for me they are valuable and that's why I accepted the bounty at first place. Plus, I have already done a trade with LouisVuitton, who is a hero member. So even though I don't have any coins as collateral, I have other things, which are way more worth than these $40. I need 0.15 ETH in these 3 days, otherwise I wouldn't have asked for a loan in the first place.

ThatRandom8543
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September 19, 2017, 07:02:07 AM
 #6

If I had any other altcoins then I would have myself converted them to ETH instead of asking for a loan and giving 5% interest. I don't know how come my Bitcointalk account not sufficient for the collateral. I have seen many users with lower rankings using their accounts as collateral.
Using accounts as collateral isn't the most accepted way to get loans here.It's depends on lenders and evaluated case-by-case.Since account selling is not endorsed on this forum,lenders don't wanna risk their reputation for selling accounts if at all you don't pay back.Moreover,no one said an account would give you a loan here.

Also even though I can understand external reputation would not count, but I am just giving you an idea that I am not asking for a loan as an anonymous person and will pay the loan in a 30 days period. I know it is hard to believe anyone these days, but I am not a pick and run guy. That's why told about Steemit account. Can also share my Facebook profile and page with interested lender. Won't risk all of these reputations of mine for 0.15 ETH!!
All those social media accounts can't be used as a valid collateral.Read that what is valid collateral twice.You can be legit ,as  much as you claim but the legend says,"No Collateral,No Loan".
As I said that those social media accounts are not as collateral but to confirm my identity. You can see my steemit account, it alone has more than 300 steem, which is more than $300 as of now. Plus pending rewards. And by my account as a collateral I mean that I would not risk getting negative rep or even account blocked for some $40 or so. And specially when I have to receive tokens from hashrush bounty campaign. I know what these tokens are not listed on any exchange, but for me they are valuable and that's why I accepted the bounty at first place. Plus, I have already done a trade with LouisVuitton, who is a hero member. So even though I don't have any coins as collateral, I have other things, which are way more worth than these $40. I need 0.15 ETH in these 3 days, otherwise I wouldn't have asked for a loan in the first place.

Just because something is valuable to you doesn't mean it's valuable to us. Tokens that cannot be liquidated are useless, and if they have a low value than what don't think they would be, it would be even pointless.
siddartha1492 (OP)
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September 19, 2017, 07:47:02 AM
 #7

That's OK, if you don't want to lend me a loan. 0.15 ETH is not a big amount. I will arrange it from elsewhere, if it needs to be. But I just don't have any other coins as collateral. If you want to give it on your goodwill, you are more than welcome. If not, then no big issue. Probably someone else might understand what I am trying to say when I mention my steemit account, bitcointalk account or bounty tokens.

siddartha1492 (OP)
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September 22, 2017, 06:22:44 AM
 #8

A good human sent me 0.15ETH, so now I don't require a loan now. Thanks for the help guys.
https://ibb.co/cwHb8k

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September 22, 2017, 08:28:18 AM
 #9

A good human sent me 0.15ETH, so now I don't require a loan now. Thanks for the help guys.
https://ibb.co/cwHb8k

That's good news for you and you don't need to post any image. If you want to show that you get what you need, just post the TXid. Just for future use. Cool
Now i suggest to lock this Thread of yours, no need to keep it open. Regards.

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