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Author Topic: Need Loan 0.08BTC, Repay 0.096  (Read 484 times)
yishak (OP)
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July 24, 2018, 08:29:35 AM
Last edit: July 24, 2018, 08:52:13 AM by yishak
 #1

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r
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mdayonliner
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July 24, 2018, 10:15:08 AM
 #2

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r

Hi I can fill the loan if you are ok with my terms. https://bitcointalk.org/index.php?topic=4485985.0

Quote
Collateral value has to be minimum of 120%
You can escrow the collateral if you want to, at your cost


Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.

You pay all the fees by the way.



Be happy be at peace. Looking forward to BTC at $1M
yishak (OP)
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July 24, 2018, 11:16:50 AM
 #3

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r

Hi I can fill the loan if you are ok with my terms. https://bitcointalk.org/index.php?topic=4485985.0

Quote
Collateral value has to be minimum of 120%
You can escrow the collateral if you want to, at your cost


Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.

You pay all the fees by the way.



Okay, I will escrow the collateral. I have contacted zazarb.
mdayonliner
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July 24, 2018, 11:26:55 AM
 #4

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r

Hi I can fill the loan if you are ok with my terms. https://bitcointalk.org/index.php?topic=4485985.0

Quote
Collateral value has to be minimum of 120%
You can escrow the collateral if you want to, at your cost


Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.

You pay all the fees by the way.



Okay. I will escrow the collateral.

I suggest to use DarkStar_ , comparatively his fees are low.

I have contacted zazarb.
No problem as well.

Be happy be at peace. Looking forward to BTC at $1M
yishak (OP)
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July 24, 2018, 11:37:05 AM
 #5

Thanks for the recommendation. I have contacted him.
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July 24, 2018, 11:45:24 AM
 #6

Thanks for the recommendation. I have contacted him.
Here you will find a list of trusted escrow services: https://bitcointalk.org/index.php?topic=276897.0

Once you settle with one then let me know.

Be happy be at peace. Looking forward to BTC at $1M
yishak (OP)
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July 24, 2018, 05:11:35 PM
 #7

Thanks for the recommendation.contacted him.
Here you will find a list of trusted escrow services: https://bitcointalk.org/index.php?topic=276897.0

Once you settle with one then let me know.
DarkStar has accepted to be an escrow I'm gonna send him the HYDRO tokens

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July 24, 2018, 05:15:27 PM
 #8

Thanks for the recommendation.contacted him.
Here you will find a list of trusted escrow services: https://bitcointalk.org/index.php?topic=276897.0

Once you settle with one then let me know.
DarkStar has accepted to be an escrow I'm gonna send him the HYDRO tokens


Fantastic.
Let me know once done also I would like DarkStar_ to confirm the escrow here. @DarkStar_ thanks mate, good to have you for another deal.

Be happy be at peace. Looking forward to BTC at $1M
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July 24, 2018, 10:05:51 PM
 #9

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
yishak has asked me to escrow the collateral for a loan between yishak and mdayonliner. 108k HYDRO ERC-20 tokens are to be provided as collateral for a 0.08 BTC loan. The ETH address to send the tokens to is 0xda32F70FaA59043dC781B9230027d493d41a5F66

7/24/2018
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
HJabRxfsdexkUlX0/fudcb971TXdD8sxdriqZgkVc0XRG2KeYUXznlyCGRWQIiBjDRLLvA10JWL3A3sp2IbM/Vs=
-----END BITCOIN SIGNED MESSAGE-----

As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee? Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?

taking a break - expect delayed responses
mdayonliner
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July 24, 2018, 10:37:45 PM
 #10

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
yishak has asked me to escrow the collateral for a loan between yishak and mdayonliner. 108k HYDRO ERC-20 tokens are to be provided as collateral for a 0.08 BTC loan. The ETH address to send the tokens to is 0xda32F70FaA59043dC781B9230027d493d41a5F66

7/24/2018
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
HJabRxfsdexkUlX0/fudcb971TXdD8sxdriqZgkVc0XRG2KeYUXznlyCGRWQIiBjDRLLvA10JWL3A3sp2IbM/Vs=
-----END BITCOIN SIGNED MESSAGE-----

As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee? Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?

This was my deal...
Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.
Since it looks extra hassle and exchange transaction fees involve which is high comparatively, I will be comfortable with DarkStar_ keeping the collateral in his own wallet. If the BTC value of the collateral goes below or equal to 110% (meaning 0.088BTC or below) of my lending amount then yishak will have 24 hours time to top up more coins to keep the collateral value of it's minimum 120% range otherwise I will ask DarkStar_ to release the collateral to me. @yishak, let me know if you are ok with this or you want to go with the original deal of stop/lose on the exchange?

Quote
As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee?
This is yishak's call and let's wait for him.

Be happy be at peace. Looking forward to BTC at $1M
yishak (OP)
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July 25, 2018, 03:38:52 AM
Last edit: July 25, 2018, 03:52:28 AM by yishak
 #11

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
yishak has asked me to escrow the collateral for a loan between yishak and mdayonliner. 108k HYDRO ERC-20 tokens are to be provided as collateral for a 0.08 BTC loan. The ETH address to send the tokens to is 0xda32F70FaA59043dC781B9230027d493d41a5F66

7/24/2018
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
HJabRxfsdexkUlX0/fudcb971TXdD8sxdriqZgkVc0XRG2KeYUXznlyCGRWQIiBjDRLLvA10JWL3A3sp2IbM/Vs=
-----END BITCOIN SIGNED MESSAGE-----

As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee? Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?

This was my deal...
Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.
Since it looks extra hassle and exchange transaction fees involve which is high comparatively, I will be comfortable with DarkStar_ keeping the collateral in his own wallet. If the BTC value of the collateral goes below or equal to 110% (meaning 0.088BTC or below) of my lending amount then yishak will have 24 hours time to top up more coins to keep the collateral value of it's minimum 120% range otherwise I will ask DarkStar_ to release the collateral to me. @yishak, let me know if you are ok with this or you want to go with the original deal of stop/lose on the exchange?

Quote
As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee?
This is yishak's call and let's wait for him.
I am okay with what mdayonliner said. As for the fees, I was hoping to pay it in LTC. Is that okay with you?
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July 25, 2018, 04:40:31 AM
 #12

LTC is great. I'll send you my LTC address tomorrow. You can now send the collateral to me so that your loan gets funded.

taking a break - expect delayed responses
yishak (OP)
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July 25, 2018, 06:31:29 AM
 #13

I have sent the collateral, @mdayonliner
https://etherscan.io/tx/0x9e13330cc9be0bc7a7bc31b96d2f1b53baf35c33e1789f58bc655f0c2762906b
mdayonliner
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July 25, 2018, 06:57:56 AM
Last edit: July 27, 2018, 06:57:44 PM by mdayonliner
 #14

Loan- 0.08BTC
Period- 40days
Collateral- 108k HYDRO tokens (worth 0.0972BTC)
Repay- 0.096BTC

BTC add:1Gi6KZHjyMEMWH6fjxJKQYooa6AmowAd7r

Hi I can fill the loan if you are ok with my terms. https://bitcointalk.org/index.php?topic=4485985.0

Quote
Collateral value has to be minimum of 120%
You can escrow the collateral if you want to, at your cost


Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.

You pay all the fees by the way.



Okay, I will escrow the collateral. I have contacted zazarb.

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
yishak has asked me to escrow the collateral for a loan between yishak and mdayonliner. 108k HYDRO ERC-20 tokens are to be provided as collateral for a 0.08 BTC loan. The ETH address to send the tokens to is 0xda32F70FaA59043dC781B9230027d493d41a5F66

7/24/2018
-----BEGIN SIGNATURE-----
1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
HJabRxfsdexkUlX0/fudcb971TXdD8sxdriqZgkVc0XRG2KeYUXznlyCGRWQIiBjDRLLvA10JWL3A3sp2IbM/Vs=
-----END BITCOIN SIGNED MESSAGE-----

As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee? Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?

This was my deal...
Quote
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (hoping they have stop/loss) is trading on coinex.
Since it looks extra hassle and exchange transaction fees involve which is high comparatively, I will be comfortable with DarkStar_ keeping the collateral in his own wallet. If the BTC value of the collateral goes below or equal to 110% (meaning 0.088BTC or below) of my lending amount then yishak will have 24 hours time to top up more coins to keep the collateral value of it's minimum 120% range otherwise I will ask DarkStar_ to release the collateral to me. @yishak, let me know if you are ok with this or you want to go with the original deal of stop/lose on the exchange?

Quote
As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee?
This is yishak's call and let's wait for him.
I am okay with what mdayonliner said. As for the fees, I was hoping to pay it in LTC. Is that okay with you?


Great! Processing the loan.

For 108k HYDRO token the approximate rate HYDRO is 0.00000082BTC (coinex price). If the price alarms 0.00000082BTC or below this rate then in 24 hours you will top-up more coins/token to keep the collateral value of it's minimum 120% range. Depending on the added collateral the rate will be readjusted.

Loan sent: https://www.blockchain.com/btc/tx/e5b3969791e5ae935a4c59360a8325112e758bf55b5c4c35f66975010019a782
Repayment date: 3rd September time before @23:59 GMT

update:

I have added it on my loan service topic. @yishak, would you care to quote it on there for reference.
 

Be happy be at peace. Looking forward to BTC at $1M
yishak (OP)
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July 25, 2018, 07:20:50 AM
 #15

I've received it. Thanks!
mdayonliner
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July 27, 2018, 06:57:13 PM
 #16

I've received it. Thanks!
@yishak: The price is ticking under 0.00000082BTC
Currently it's 0.00000078BTC

I suggest you top up in the next 24Hours

Thanks


Be happy be at peace. Looking forward to BTC at $1M
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July 28, 2018, 07:12:59 PM
 #17

I've received it. Thanks!
@yishak: The price is ticking under 0.00000082BTC
Currently it's 0.00000078BTC

I suggest you top up in the next 24Hours

Thanks



Hi yishak,
Your 24 hours has gone past yet I have not heard back from you. The price is way down which is way under the 110% and now actually ticking somewhere around my lending amount.

I can not risk my investment. I would ask DarkStar_ to make a decision here. If the decision is to liquidate the Collateral then I will request to send the HYDRO to the following address ASAP (I need to sell the tokens for my BTC before it goes more down)

Code:
0x96f354366c7739daa663798adcb67e4165cb5d5b


Be happy be at peace. Looking forward to BTC at $1M
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July 29, 2018, 12:08:53 AM
Last edit: July 29, 2018, 12:42:36 AM by DarkStar_
 #18

For 108k HYDRO token the approximate rate HYDRO is 0.00000082BTC (coinex price). If the price alarms 0.00000082BTC or below this rate then in 24 hours you will top-up more coins/token to keep the collateral value of it's minimum 120% range. Depending on the added collateral the rate will be readjusted.

Based on your terms, it seems a 24 hour wait is required before liquidation to allow yishak a chance to add more collateral. Seems like it's up to 80 sats so it's not too bad.

I don't want you to lose any money, but I do want to require you to uphold the terms you gave earlier. Change your terms if you don't want to follow them.

taking a break - expect delayed responses
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July 29, 2018, 02:21:00 AM
 #19

For 108k HYDRO token the approximate rate HYDRO is 0.00000082BTC (coinex price). If the price alarms 0.00000082BTC or below this rate then in 24 hours you will top-up more coins/token to keep the collateral value of it's minimum 120% range. Depending on the added collateral the rate will be readjusted.

Based on your terms, it seems a 24 hour wait is required before liquidation to allow yishak a chance to add more collateral. Seems like it's up to 80 sats so it's not too bad.

I don't want you to lose any money, but I do want to require you to uphold the terms you gave earlier. Change your terms if you don't want to follow them.

I did give him 24 hours time and it has gone past over 7 hours so far while I am replying you  Smiley 
Am I missing anything  Undecided


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July 29, 2018, 06:44:19 PM
 #20

This was a big misunderstanding on my part. I didn't carefully read the date of your post and assumed you had not given 24 hours yet. Tokens sent to you, and you can liquidate.
tx: 0x84987754330815e8dc745e860687f34965f4ec556d2a2a3771fc58f40cd0766a

I'll cover your losses based off of the 0.08BTC loan value and whatever you sell it for. (max 0.012BTC limit to this offer unless something crazy happens with the price)

taking a break - expect delayed responses
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