trusteez (OP)
Newbie
 Offline
Activity: 3
Merit: 0
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November 07, 2017, 11:34:49 AM |
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Hello, I am trusteez and I have 43 Bitcoins to lend.
I am setting up a bias-less loaning system where even Newbies can get approved without collateral.
"Where's the catch?" I hear you ask
Well I will be judging how I will lend to you through the amount of Bitcoin you own.
If you verify you own:
1 Bitcoin, I can loan you 0.5
2 Bitcoin, I can loan you 1 Bitcoin, etc.
I can loan 50% of your Bitcoin if you lock it up in a multisignature address with an nLockTime that will automatically release your coins after the loan period has concluded.
0.01% Interest is added every 48 hours.
How do you submit?
Tell me:
1. What do you need the loan for?
2. How long do you need it for?
3. How much do you want to loan
4. Do you have the sufficient amount of Bitcoins to 'lockup' for a specified time using nLockTime?
5. Bitcoin Address
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ThatRandom8543
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November 07, 2017, 11:59:52 AM |
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Hello, I am trusteez and I have 43 Bitcoins to lend.
I am setting up a bias-less loaning system where even Newbies can get approved without collateral.
"Where's the catch?" I hear you ask
Well I will be judging how I will lend to you through the amount of Bitcoin you own.
If you verify you own:
1 Bitcoin, I can loan you 0.5
2 Bitcoin, I can loan you 1 Bitcoin, etc.
I can loan 50% of your Bitcoin if you lock it up in a multisignature address with an nLockTime that will automatically release your coins after the loan period has concluded.
0.01% Interest is added every 48 hours.
How do you submit?
Tell me:
1. What do you need the loan for?
2. How long do you need it for?
3. How much do you want to loan
4. Do you have the sufficient amount of Bitcoins to 'lockup' for a specified time using nLockTime?
5. Bitcoin Address
Why would someone put bitcoin up for collateral just to get a loan in bitcoin? Secondly, your statements contradict each other. Youre stating someone dont need collateral but yet you want coins secured in a multisig address? Something doesnt add up at all |
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Parodium
Sr. Member
Offline
Activity: 1036
Merit: 332
DMs have been disabled. I am busy.
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November 07, 2017, 01:39:24 PM |
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Those are extremely low interest rates, just under 4% per year. Are you sure those are your rates?
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Taras
Legendary
Offline
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
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November 07, 2017, 03:42:11 PM
Last edit: November 07, 2017, 08:41:00 PM by Taras |
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What stops you from claiming my 2 BTC that l tie up for a loan of 1 BTC once l pay it back? And why would l borrow bitcoins with interest if the collateral is even more bitcoins? I'd have more capital keeping my 2 BTC than using it for borrowing 1 from you.
Please explain exactly what multisig/locktime script you plan to use to hold the insurance, and a signed message from an address with the 43 bitcoins you say you have.
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Aamir1
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November 07, 2017, 06:34:39 PM |
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Wait, what? I don't understand the concept of your lending. Why would someone need to take a 50% loan of what they have while they are having the 100% of it to themselves? If i have 2 bitcoins, why will i come here to ask for a loan of 1 bitcoin? And let's say if i have 2 bitcoins and i need 3 bitcoins to do something, then how would i be able to do it if i put the amount into a multisig address and put a timer to release them as soon as the loan period gets finished? In that way, i won't be able to use the complete 3 bitcoins for my work. Would you care to explain this a bit?
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trusteez (OP)
Newbie
Offline
Activity: 3
Merit: 0
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November 09, 2017, 11:39:49 AM |
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Well I have been tagged so I have to prove my worth now. Anyone want to take my services a shot? Maybe I can lend it out for no interest as an incentive?
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jonsi
Legendary
Offline
Activity: 1397
Merit: 1019
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November 09, 2017, 02:21:31 PM |
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@OP: I will lend you 21.5 BTC if you put up for collateral 43 BTC.
1. Do we have an agreament?
2. Does this make sens to you?
If the answer to any of the above question is "NO" than why the fuck would make sens to anyone else?
You are now tagged as scammer until you prove that you own 43 BTC by signing a message with the address containing this amount.
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trusteez (OP)
Newbie
Offline
Activity: 3
Merit: 0
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November 10, 2017, 01:00:48 AM |
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@OP: I will lend you 21.5 BTC if you put up for collateral 43 BTC.
1. Do we have an agreament?
2. Does this make sens to you?
If the answer to any of the above question is "NO" than why the fuck would make sens to anyone else?
You are now tagged as scammer until you prove that you own 43 BTC by signing a message with the address containing this amount.
I am just waiting for someone to take my services for a spin to redeem myself |
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Taras
Legendary
Offline
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
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November 10, 2017, 01:24:16 AM |
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@OP: I will lend you 21.5 BTC if you put up for collateral 43 BTC.
1. Do we have an agreament?
2. Does this make sens to you?
If the answer to any of the above question is "NO" than why the fuck would make sens to anyone else?
You are now tagged as scammer until you prove that you own 43 BTC by signing a message with the address containing this amount.
I am just waiting for someone to take my services for a spin to redeem myself Maybe someone will try it if you can make a signature from an address with 43 BTC in it. If you can't do that, then you must have lied about having 43 BTC and deserve to be tagged. |
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