[CLOSED] Requesting a 2 btc loan for 30 days, 10% - using escrow and collateral

[Honeypot]

I am looking for a 2 btc loan (higher the better) for 30 days, with collateral to be discussed. We will use escrow.ms as the escrow to hold the collateral and transfer funds between us. Interest rate is 10%.

The maturity date is 30 days from when the loan is received, but I can pay back sooner.

If you trust my ratings and past trading history, we can make it simpler and do a direct transfer without the escrow - but only if you are comfortable with sending first. I have little to gain by trashing my entire dealing history ripping someone off for 2 btc

For the collateral, I can offer a variety of options, so let me know what you are looking for. Usual collateral of LTC might not be attractive to some due to  their crashing values.

PM me and post here to let me know your offers and expectations.

Edit: Loan matured and repaid, closed. Thank you austin, escrow.ms.

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[austin]

I am looking for a 2 btc loan (higher the better) for 30 days, with collateral to be discussed. We will use escrow.ms as the escrow to hold the collateral and transfer funds between us. Interest rate is 10%.

The maturity date is 30 days from when the loan is received, but I can pay back sooner.

If you trust my ratings and past trading history, we can make it simpler and do a direct transfer without the escrow - but only if you are comfortable with sending first. I have little to gain by trashing my entire dealing history ripping someone off for 2 btc

For the collateral, I can offer a variety of options, so let me know what you are looking for. Usual collateral of LTC might not be attractive to some due to  their crashing values.

PM me and post here to let me know your offers and expectations.

I can do this with ltc as collateral. I would be most comfortable with 90-100, just in case there's a considerable price drop. Is that alright with you?

[Honeypot]

I am looking for a 2 btc loan (higher the better) for 30 days, with collateral to be discussed. We will use escrow.ms as the escrow to hold the collateral and transfer funds between us. Interest rate is 10%.

The maturity date is 30 days from when the loan is received, but I can pay back sooner.

If you trust my ratings and past trading history, we can make it simpler and do a direct transfer without the escrow - but only if you are comfortable with sending first. I have little to gain by trashing my entire dealing history ripping someone off for 2 btc

For the collateral, I can offer a variety of options, so let me know what you are looking for. Usual collateral of LTC might not be attractive to some due to  their crashing values.

PM me and post here to let me know your offers and expectations.

I can do this with ltc as collateral. I would be most comfortable with 90-100, just in case there's a considerable price drop. Is that alright with you?

By 90-100 are you talking about LTC amount, or the days until maturity? Sent you PM.

[austin]

By 90-100 are you talking about LTC amount, or the days until maturity?

The amount of ltc. If you have 90ltc (~115% of the loan value) available, that's fine with me. Otherwise we can work something out depending on what you have.

[Honeypot]

By 90-100 are you talking about LTC amount, or the days until maturity?

The amount of ltc. If you have 90ltc (~115% of the loan value) available, that's fine with me. Otherwise we can work something out depending on what you have.

PM sent. Let me know and we can finalize it here.

[Honeypot]

I am happy to say I secured another loan for 1.85 BTC with my 1.39 Million Nobles and 260k USDE. The terms are as follows:

The amount borrowed from austin is 1.85 BTC, with interest rate of 7%, to last 30 days until Feb 24rd, 2014, 0:00 GMT. I have agreed to pay him back on a weekly basis, that is 160 hours or 7.5 days from this moment. The payment information is total of 1.9795 btc at the end of 30 days, with each 7.5 day period paying out 0.494875 btc. I also reserve the privilege  of paying out earlier the whole amount.

This means, the 7.5 day payments are these: Feb 1st, 2014 15:50 AM GMT, Feb 8th 2014 5:50 AM GMT, Feb 14th 2014 17:50AM GMT, and Finally on Feb 24th 2014 0:00AM, the finally amount. You can expect the above 7.5 day amount on those dates, which you can transfer to austin.

I reserve the right to send the payments early

Please confirm.

Edit: Loan amount changed, as agreed with austin.

Please confirm.

[GBattaglia]

Glad to see you got your loan covered.  I would have covered this loan as well, but was a bit full-handed with other matters in life.  Either way, best of luck.   

[Honeypot]

Glad to see you got your loan covered.  I would have covered this loan as well, but was a bit full-handed with other matters in life.  Either way, best of luck.   

Thank you GBattaglia. I appreciate your words of confidence.

[Exbtc]

I am looking for a 2 btc loan (higher the better) for 30 days, with collateral to be discussed. We will use escrow.ms as the escrow to hold the collateral and transfer funds between us. Interest rate is 10%.

The maturity date is 30 days from when the loan is received, but I can pay back sooner.

If you trust my ratings and past trading history, we can make it simpler and do a direct transfer without the escrow - but only if you are comfortable with sending first. I have little to gain by trashing my entire dealing history ripping someone off for 2 btc

For the collateral, I can offer a variety of options, so let me know what you are looking for. Usual collateral of LTC might not be attractive to some due to  their crashing values.

PM me and post here to let me know your offers and expectations.

Collateral is good

[austin]

Secured another loan for 1.75 BTC with my 1.39 Million Nobles and 260k USDE. The terms are as follows:

The amount borrowed from austin is 1.75 BTC, with interest rate of 8.5%, to last 30 days until Feb 23rd, 2014, 0:00 GMT. I have agreed to pay him back on a weekly basis, that is 160 hours or 7.5 days from this moment. The payment information is total of 1.89875 btc at the end of 30 days, with each 7.5 day period paying out 0.4746875 btc. I also reserve the privilege of paying out earlier the whole amount.

This means, the 7.5 day payments are these: Jan 31st, 2014 15:50 AM GMT, Feb 7th 2014 5:50 AM GMT, Feb 13th 2014 17:50AM GMT, and Finally on Feb 23rd 2014 0:00AM GMT, the finally amount. You can expect the above 7.5 day amount on those dates.

I reserve the right to send the payments early

Please confirm.

Sorry for the delayed confirmation. I'll be giving Honeypot this loan. He'll be paying back ~25% weekly rather than one full repayment by the end because of the possible volatility of nobl and usde. I'll also add that the collateral will be held by escrow.ms once we arrange it or a different escrow if he is not available.

[austin]

Edit: Loan amount changed, as agreed with austin.

Please confirm.

Confirmed. I've agreed to loan him an additional 0.10btc and the funds will most likely be held by Tomatocage.

Edit: Escrow.ms is holding the collateral and the interest rate has been reduced to 7%.

[Honeypot]

Finalized the loan interest rate.

As austin confirmed, this is the agreed rate.

[austin]

Finalized the loan interest rate.

As austin confirmed, this is the agreed rate.

Confirmed. Honeypot will be repaying to this address: 16cuSLuR3qfK4d3hkbvHzBfadJLEEgZvAJ
Thank you very much.

[Honeypot]

Loan fully repaid

Please confirm, and thank you for  issuing the loan.

HP

[austin]

Loan fully repaid

Please confirm, and thank you for  issuing the loan.

HP

Confirmed. Thank you very much! I'll be happy to assist you if you need a loan in the future.