Loan Required : 0.45 , Collateral worth 0.6 approx

[max2607]

A need a loan worth : 0.45 btc
Repayment amount : 0.465
Collateral : 2k ripple , 330k doge and 6k xlm
Reason : Trading
Btc address : 3BhYLpm3KCf3z5hy3fMxojhYFEkYJSpnT5
Repayment date : Before or on 1st of june (Can be extended with a increase in repayment amount)

The collateral will be held with darkstar during the loan period

Edit : Collateral proof

I can confirm that I would be escrowing the collateral, and will release it to the lender in the event of a default. I'd lend myself but I'm basically at my limit. max2607 has already deposited the coins, and these are the escrow addresses (all local wallets):

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
max2607 loan collateral 5/4/2018
XRP: rnojdgqWj5qn6pkNf8QHctHTAN6msAjaw1

XLM: GBQSEN5OXQJXMBGPTPT3VNOWPHUCTATYR5VPPG6YGQ2IZFZOZUYOKMRY

DOGE: DDrDnjYytrqG4cnA66V7tFKrc7v84bXcHN
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
G9RfGU2Lw/RXNymM8mxYEgHntrcozA1gAgsD3hWsZFQRQvP1bnDM8na2LSypIUhf36HJAenWjNTvyXhp7qGRoXY=
-----END BITCOIN SIGNED MESSAGE-----

Edit on may 5th: Yes this loan has been extended until 1st July

[DarkStar_]

I can confirm that I would be escrowing the collateral, and will release it to the lender in the event of a default. I'd lend myself but I'm basically at my limit. max2607 has already deposited the coins, and these are the escrow addresses (all local wallets):

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
max2607 loan collateral 5/4/2018
XRP: rnojdgqWj5qn6pkNf8QHctHTAN6msAjaw1

XLM: GBQSEN5OXQJXMBGPTPT3VNOWPHUCTATYR5VPPG6YGQ2IZFZOZUYOKMRY

DOGE: DDrDnjYytrqG4cnA66V7tFKrc7v84bXcHN
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
G9RfGU2Lw/RXNymM8mxYEgHntrcozA1gAgsD3hWsZFQRQvP1bnDM8na2LSypIUhf36HJAenWjNTvyXhp7qGRoXY=
-----END BITCOIN SIGNED MESSAGE-----

[Hatcher]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

[max2607]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

I will add more collateral if thr value falls as stated in pm let me know

[condoras]

Hello max2607, i can fill this request of yours but with a different Repayment Amount. 0.477BTC

Because DarkStar_ will held and be responsible for your Collateral, he will check the price of it and if the price drops to 0.48BTC you will have to send him any extra amount. As much as he thinks appropriate for covering it.
I will also pay him 0.002BTC for this "extra" obligation, after your repayment.

[Hatcher]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

I will add more collateral if thr value falls as stated in pm let me know

Ok these are the terms then:

If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.

If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.

[max2607]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

I will add more collateral if thr value falls as stated in pm let me know

Ok these are the terms then:

If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.

If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.

I agree but i need 48 hours to add more collateral as sometimes i don't come online for certain reasons
And why do want darkstar to confirm he's just the escrow as i said in pm i will sign a message with all the terms

[Hatcher]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

I will add more collateral if thr value falls as stated in pm let me know

Ok these are the terms then:

If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.

If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.

I agree but i need 48 hours to add more collateral as sometimes i don't come online for certain reasons

Ok that's fine. Just try to keep an eye on the collateral yourself so you can send more if it gets to dangerous levels. That way I don't need to ask.

And why do want darkstar to confirm he's just the escrow as i said in pm i will sign a message with all the terms

Reasonable enough. Since I'm going to sleep soon, I can send this over now. Just give me a moment.

EDIT: Sent!

[max2607]

I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).

I will add more collateral if thr value falls as stated in pm let me know

Ok these are the terms then:

If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.

If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.

I agree but i need 48 hours to add more collateral as sometimes i don't come online for certain reasons

Ok that's fine. Just try to keep an eye on the collateral yourself so you can send more if it gets to dangerous levels. That way I don't need to ask.

And why do want darkstar to confirm he's just the escrow as i said in pm i will sign a message with all the terms

Reasonable enough. Since I'm going to sleep soon, I can send this over now. Just give me a moment.

EDIT: Sent!

You have to worry about collateral i will surely add more if needed most likely that shouldn't happen but if it does don't worry i got you
Plus here's a signed message

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
My loan request was funded by Hatcher and the collateral was escrowed with darkstar.
In case i fail to repay the loan on 1st june i authorise darkstar to send the collateral to Hatcher

-----BEGIN SIGNATURE-----
1JPHtpKDsZ5ZdS2P1vQb2pqdD4xTcEKFGz
H1WEeAATIQPhsO3BYnuPQ57vMeXZDd3l8Hc+pICvGm/mD/c+VsvwE9JXJybtfNFMK9ZhRei056DI0p79r9u98h4=
-----END BITCOIN SIGNED MESSAGE-----

I couldn't sign rest of the message because ledger keeps showing an error here's the remaining messasge
This is max2607 , today is 5th may
My loan request was funded by Hatcher and the collateral was escrowed with darkstar.
In case i fail to repay the loan on 1st june i authorise darkstar to send the collateral to Hatcher
Terms :
1. If collateral value falls below 0.5 btc i will be allowed 48 hours to porvide additional collateral
2. I can extend the loan if needed with additional interest to be paid

[DarkStar_]

If max is fine with this, I'd also be willing to count some of the collateral they provided for the loans they took from me (now 3.559BTC worth of collateral for a 2.28BTC loan) into this loan in the event that the coins drop, as max wants to avoid liquidation.

[max2607]

If max is fine with this, I'd also be willing to count some of the collateral they provided for the loans they took from me (now 3.559BTC worth of collateral for a 2.28BTC loan) into this loan in the event that the coins drop, as max wants to avoid liquidation.

Sure why not as long as hatcher doesn't have a problem with it though xvg is going to fall now so me the 3.5 will reduce

[Hatcher]

At max2607's request, this loan has been extended to July 1st with a total repayment amount of .48 BTC.

[DarkStar_]

At max2607's request, this loan has been extended to July 1st with a total repayment amount of .48 BTC.

Noted.

[Hatcher]

The collective value of the collateral for this loan has fallen below .5 BTC. DarkStar, do you still have some collateral to shift over to support this loan? I'm thinking 0.05 BTC should be enough until the loan term comes to an end.

[DarkStar_]

The collective value of the collateral for this loan has fallen below .5 BTC. DarkStar, do you still have some collateral to shift over to support this loan? I'm thinking 0.05 BTC should be enough until the loan term comes to an end.

Nope, max's loan with me is actually below 100% value. (99.9%, but still)

[Hatcher]

The collective value of the collateral for this loan has fallen below .5 BTC. DarkStar, do you still have some collateral to shift over to support this loan? I'm thinking 0.05 BTC should be enough until the loan term comes to an end.

Nope, max's loan with me is actually below 100% value.

Ok. Then I'll give him 48 hours to top up as mentioned earlier in this thread, and if he doesn't do that within that time frame I will ask for the collateral to be transferred to me.

PM sent to max.

[Hatcher]

48 hours have passed and max has been online multiple times (4 times that I've noticed) and he's made no effort to respond to this thread or my PM. At this point the collateral value has fallen well below the repayment amount, and my principal is currently being threatened. This is not the kind of risk I envisioned with such a low interest loan. Please send the collateral to my addresses so I can get what I can from selling it and he can pay the difference when he gets his act together.

Stellar (Bitfinex):

GAWPTHY6233GRWZZ7JXDMVXDUDCVQVVQ2SXCSTG3R3CNP5LQPDAHNBKL

Memo: 2073a71a47cb6fc834 (Necessary to use this as it's an exchange account)

Ripple (Bitfinex):

rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm

Tag: 654988408 (Necessary to use this as it's an exchange account)

Dogecoin: DHng9Qr9ehi5VknB5XhB8dLCV7CyfyFBoD

Thanks,
Hatcher

EDIT: For security purposes, I have included a signed message from an address I have used in a previous loan deal:

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Hatcher, on Monday June 25th, requesting DarkStar_ to transfer max2607's loan collateral over to me.
-----BEGIN SIGNATURE-----
1AWjtpZNywzyQywagxWihqJQ3eQYqDov7P
H1sTbsiAzltS34kviiebFD+23/h9lbWRCVkE9XNiy14YADEQSs86V+SyiPu3dMqIYT6PBf5yCg4eaHhTiJa/7bE=
-----END BITCOIN SIGNED MESSAGE-----

[DarkStar_]

I think max might be having issues irl or something. He did respond to my PM and added more collateral (852 stratis, and 118 ETC that's still not sent). Would you be fine with giving him a bit more time? I don't think he's trying to scam or anything. I'll cover any losses you might get from waiting.

[Hatcher]

I think max might be having issues irl or something. He did respond to my PM and added more collateral (852 stratis, and 118 ETC that's still not sent). Would you be fine with giving him a bit more time? I don't think he's trying to scam or anything. I'll cover any losses you might get from waiting.

Sure, if you can cover any potential losses, I have no problem waiting.

[DarkStar_]

I think max might be having issues irl or something. He did respond to my PM and added more collateral (852 stratis, and 118 ETC that's still not sent). Would you be fine with giving him a bit more time? I don't think he's trying to scam or anything. I'll cover any losses you might get from waiting.

Sure, if you can cover any potential losses, I have no problem waiting.

Sounds good, I'll give max a little bit more time before deciding what to do.