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Author Topic: $26000 fiat based loan required  (Read 435 times)
warningsigns
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February 07, 2018, 01:52:24 AM
 #21

I mean isn't the whole point of Bitcoin privacy? As long as a proper escrow holds the required amount of ETC I do not see a problem.

But transparency overrides privacy in lending transactions involving amounts of the kind discussed here. It's all about due diligence.

It also helps the lender check if the collateral's source is legitimate. So much news these days about stolen coins.

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February 07, 2018, 01:55:21 AM
 #22

Fair enough. I recently invested into ETC for about $7000 myself, so I might be interested in funding this loan. Do not have $26,000 in crypto though, mostly in stocks

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February 07, 2018, 02:50:11 AM
 #23

i have alot more than $26000, there is no need for the address as il be sending collateral.

What an odd thing to claim.   What harm would it cause to post the address?



i prefer not to share my balance. all i need to sho is my collateral unless the lender sends first i need to but 100% he won't my collateral will be sent first
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February 07, 2018, 03:00:37 AM
 #24

I mean isn't the whole point of Bitcoin privacy? As long as a proper escrow holds the required amount of ETC I do not see a problem.

But transparency overrides privacy in lending transactions involving amounts of the kind discussed here. It's all about due diligence.

It also helps the lender check if the collateral's source is legitimate. So much news these days about stolen coins.

if that needs to be done im all for it but i won't share it publicly
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February 07, 2018, 05:05:19 AM
 #25

I mean isn't the whole point of Bitcoin privacy? As long as a proper escrow holds the required amount of ETC I do not see a problem.

But transparency overrides privacy in lending transactions involving amounts of the kind discussed here. It's all about due diligence.

It also helps the lender check if the collateral's source is legitimate. So much news these days about stolen coins.

if that needs to be done im all for it but i won't share it publicly

And why not? If its done publicly, it would be quicker, and you will have a higher chance of getting a loan, but usually lack in transparency also means there is something else going on and youre trying to hide it from someone here (though not exactly the case). Tbh I am starting to look down on fiat-tied loans because it seems to me that people are doing this as a way to possibly profit while the lender loses out on any type of value increase in the market, which is what im assuming is going on with alot of the recent request.

Good luck though.
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February 07, 2018, 05:08:56 AM
 #26

I mean isn't the whole point of Bitcoin privacy? As long as a proper escrow holds the required amount of ETC I do not see a problem.

But transparency overrides privacy in lending transactions involving amounts of the kind discussed here. It's all about due diligence.

It also helps the lender check if the collateral's source is legitimate. So much news these days about stolen coins.

if that needs to be done im all for it but i won't share it publicly

And why not? If its done publicly, it would be quicker, and you will have a higher chance of getting a loan, but usually lack in transparency also means there is something else going on and youre trying to hide it from someone here (though not exactly the case). Tbh I am starting to look down on fiat-tied loans because it seems to me that people are doing this as a way to possibly profit while the lender loses out on any type of value increase in the market, which is what im assuming is going on with alot of the recent request.

Good luck though.

but the opposite could happen to me, if the value falls i need to honour my end of the deal. don't see showing my address as a high priority.
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February 07, 2018, 08:39:58 AM
 #27

Think about this, if you borrow 3 BTC at $7,000 each, then the price increases to $14,000. You will only pay back 1.5 BTC, meaning the lender has lost 1.5 BTC. I'm willing to fund this loan if tied to BTC price, but I think it's highly unlikely someone will fund this tied to USD.


           
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February 07, 2018, 08:52:31 AM
 #28

i prefer not to share my balance. all i need to sho is my collateral unless the lender sends first i need to but 100% he won't my collateral will be sent first

Transfer $26,000 in currency to a new wallet and post that wallet address.   Huh

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February 07, 2018, 02:49:45 PM
 #29

I just want to inform that DigitalCurrencyinvestors  have at least three loans deal with me in past , with three different altcoins as collateral in amount from 1.5-2.5BTC, (reference in my thread)
so I not doubt that he have this amount of colllateral. This just info, not vouch or something, if you want a safe deal, use the escrow service.

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February 07, 2018, 06:23:22 PM
 #30

i prefer not to share my balance. all i need to sho is my collateral unless the lender sends first i need to but 100% he won't my collateral will be sent first

Transfer $26,000 in currency to a new wallet and post that wallet address.   Huh

if lender requires it can be done
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February 07, 2018, 06:24:06 PM
 #31

is there any site where i can get this loan where they can hold my collateral
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February 07, 2018, 06:31:13 PM
 #32

looking into salt coin i think i can get the fiat loan there
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February 07, 2018, 08:40:05 PM
 #33

again i require the loan tied to USD not btc. repayment will be paid in btc according to the value at that time

Can you provide info on the use of the loan? It sounds like you could simply buy BTC, wait a month and then when the value is up make your repayment and pocket the difference in BTC.

Can you acknowledge my inquiry? Thanks.
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February 08, 2018, 03:45:51 AM
 #34

again i require the loan tied to USD not btc. repayment will be paid in btc according to the value at that time

Can you provide info on the use of the loan? It sounds like you could simply buy BTC, wait a month and then when the value is up make your repayment and pocket the difference in BTC.

Can you acknowledge my inquiry? Thanks.

funds will be used to make payment on a few thing. more towards personal purchases
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February 08, 2018, 06:06:17 PM
 #35

I can do with BTC.
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February 08, 2018, 06:27:38 PM
 #36

Hello,

I'm looking to buy BTC, ETH, LTC regularly at preev rate +5%

I prefer ETH and LTC for faster transfer and small fee.

Need to do this for arbitrage purpose cause I live in asian where all coin is overpriced here.

Currently in my exchange it's overprice by 10% at current preev rate.

I have 3 payment method available right now.

My currently buying power and funding.

Perfect Money - $3k ready to buy your BTC, ETH, LTC
Neteller - $1k ready to buy BTC, ETH, LTC
Paypal - $500 ready to buy BTC, ETH, LTC



I can do with BTC.

Where did you suddenly get $30,000 in BTC from? You're almost certainly lying.


           
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February 09, 2018, 04:42:56 AM
 #37

I can fund the whole loan but it cannot be tied to the USD value - I stand to lose money, which is stupid.

Let me know if that's something you want to do.
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February 09, 2018, 07:24:16 AM
 #38

I can do it for 10% interest in a month. Sorry, that's the best I can do because I'd be going long on bitcoin at the same time (which is me paying trading + borrowing fees) so that I don't get screwed if the price rises (as you would be returning less bitcoin than I loaned out).
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