Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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October 21, 2013, 05:10:38 PM |
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Do you accept CGB as a collateral?
No, sorry. Currently only LTC, XPM, and mcxFEE shares.
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AlexC
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Activity: 118
Merit: 10
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October 26, 2013, 05:40:13 PM |
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Hi Tomatocage, What BTC address do you want me to payback my loan to?
/Alex
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Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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October 26, 2013, 09:55:05 PM Last edit: October 27, 2013, 01:03:13 AM by Tomatocage |
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Hi Tomatocage, What BTC address do you want me to payback my loan to?
/Alex
Please return 1.751 BTC to: 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu Thanks!
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Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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October 27, 2013, 04:32:45 PM |
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Sent back your 2 mcxFEE shares. Thanks for the tip!
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AlexC
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Activity: 118
Merit: 10
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October 28, 2013, 09:26:25 AM |
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Sent back your 2 mcxFEE shares. Thanks for the tip! Confirmed, i have received the 2 mcxFEE shares. Thanks for the loan, I will properly be back if that is OK? /AlexC
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Nast
Newbie
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Activity: 10
Merit: 0
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November 08, 2013, 07:02:44 PM |
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Example Request Amount requested:0.30 Purpose: Opening Gameservers NEED Some money to start up with Term: 5 Days Tops Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
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Magazine
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Activity: 112
Merit: 10
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November 08, 2013, 07:08:01 PM |
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Example Request Amount requested:0.30 Purpose: Opening Gameservers NEED Some money to start up with Term: 5 Days Tops Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
I will just go ahead and say no to this loan for OP since that's what he will do.
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cyclops
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Activity: 1162
Merit: 1001
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November 08, 2013, 07:08:12 PM |
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Example Request Amount requested:0.30 Purpose: Opening Gameservers NEED Some money to start up with Term: 5 Days Tops Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
He says collateral is required...
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Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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November 08, 2013, 07:17:03 PM |
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Example Request Amount requested:0.30 Purpose: Opening Gameservers NEED Some money to start up with Term: 5 Days Tops Trusted?: What ever you need, i dont have share or ltc i can show id and all verifications
Sorry, but I can only accept LTC, mcxNOW shares, or XPM for collateral. As your privacy is of utmost importance to me, I can not accept and do not want your ID.
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pokerman
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November 11, 2013, 11:58:52 AM |
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Forgive me if I am missing something but how is this a viable business.
If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral. If the price of the Litecoins, Primecoins, or mcxFEE shares don't fall below 20% of the price set when the loan took place then you would simply pay back the BTC with zero interest.
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Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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November 11, 2013, 05:52:18 PM |
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Forgive me if I am missing something but how is this a viable business.
If the price of the Litecoins, Primecoins, or mcxFEE shares decrease by over 20% during the loan period the borrower could purposefully default on the loan to essentially ensure a maximum of 20% loss on their collateral. This is exactly the risk I take and why I try to limit the loan term to 1 week. If the price of the Litecoins, Primecoins, or mcxFEE shares don't fall below 20% of the price set when the loan took place then you would simply pay back the BTC with zero interest.
Yeah, pretty much. It's more of a service than a money-making method for me. Tips are always welcome though
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ishkur
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November 11, 2013, 11:12:51 PM |
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Looking for a potential loan, but pricing for my collateral fluxuates so let me know
I have 10 AM-PT shares on havelock..
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Tomatocage (OP)
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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November 12, 2013, 04:29:53 AM |
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Looking for a potential loan, but pricing for my collateral fluxuates so let me know
I have 10 AM-PT shares on havelock.. Sorry man, I can't take those as collateral. Only LTC, XPM, and mcxFEE shares at the moment.
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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November 13, 2013, 12:00:54 AM |
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If you insist on collateral at least accept more ways of providing it/more coins.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Kouye
Sr. Member
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Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
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November 13, 2013, 12:03:57 AM |
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If you insist on collateral at least accept more ways of providing it/more coins.
Agreed, why don't you accept peanuts as collateral?
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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November 13, 2013, 12:08:52 AM |
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If you insist on collateral at least accept more ways of providing it/more coins.
Agreed, why don't you accept peanuts as collateral? They are quite expensive in some countries, enough has been said.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Tomatocage (OP)
Legendary
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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November 13, 2013, 04:19:21 AM |
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If you insist on collateral at least accept more ways of providing it/more coins.
I don't really have the time or interest to download 50 million different alt coin clients.
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AlexC
Member
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Activity: 118
Merit: 10
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November 13, 2013, 08:08:27 AM |
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Hi,
I would like to apply for another loan here.
Amount requested : 1.81BTC@1N8F6SnRLQaSgkHCD9QkMiDxHrTysMiU8g payback : 1.82BTC includes transfer fee coverage. payback address : 1H3qSm2fjYXuejLSu2ZhVdtUedknSkkhgu payback date : Wednesday 11/27/2013 Collateral : I have already trasfered 8 x mcxFEE shares to TCEscrow on mcxnow.com to optimize handshake procedure here, hope this is OK. If you choose not to make this loan, just return the 8 x mcxFEE shares to AlexC.
Please tell me if i have to correct the payback address.
Thanks AlexC
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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November 13, 2013, 02:42:41 PM |
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If you insist on collateral at least accept more ways of providing it/more coins.
I don't really have the time or interest to download 50 million different alt coin clients. Having 5 clients is nothing.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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