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Author Topic: Lending BTC for altcoin as collateral (LTC, DVC, IXC and NMC are accepted)  (Read 930 times)
wrend (OP)
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June 07, 2013, 05:38:05 AM
Last edit: June 07, 2013, 06:08:21 AM by wrend
 #1

Lending BTC for alt-coin as collateral (LTC, DVC, IXC and NMC are accepted).

Very good for "early adopters" with lots of coin, but unable to convert to BTC for the fear of crashing the market.

1% daily, (users with 1000+ post-count, positive feedback, 2 year history, might qualify 0% loan)
1 BTC minimum loan amount.

If you are interested in using other Alt-Coins as collateral, it will be considered on volume and risks.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Tomatocage
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June 07, 2013, 09:29:52 AM
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I will escrow this for anybody considering sending coins to the OP.

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June 07, 2013, 09:32:56 AM
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Or just try CoinLenders with much lower interest..

>1000 BTC in secured loans Smiley - you can request as much as you want, and as long as you offer sufficient collateral we'll lend it.
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