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marcotheminer (OP)
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April 17, 2019, 08:45:43 AM
Last edit: April 18, 2019, 04:58:42 AM by marcotheminer
 #1

Closed off forum.
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April 17, 2019, 11:08:45 AM
 #2

And can you prove the existence of this "collateral" on Binance ?
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April 17, 2019, 11:28:12 AM
 #3

I can complete this if the agreed interest becomes 0.005 BTC, as I see this as a high risk, non-collateralized loan.
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April 17, 2019, 11:38:16 AM
 #4

Ill fill this loan if you are willing to send me the collateral and I will let it sit on binance with a sell order priced at which you think is a "sell point" as long as its a stable alt coin
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April 17, 2019, 10:56:39 PM
 #5

And can you prove the existence of this "collateral" on Binance ?

How do you suggest this? I have screenshot ("legally" no one should/will accept this except if they take my word for it).

I can complete this if the agreed interest becomes 0.005 BTC, as I see this as a high risk, non-collateralized loan.

I can do 12% max. 0.0336. Not a "high risk" loan, lenders need to look beyond a red trust with me.

Ill fill this loan if you are willing to send me the collateral and I will let it sit on binance with a sell order priced at which you think is a "sell point" as long as its a stable alt coin

Added hassle and it's a waste of fees. No thank you but thanks for considering.
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April 17, 2019, 10:59:30 PM
 #6

Added hassle and it's a waste of fees. No thank you but thanks for considering.

I'll do it at 0.031BTC return with killyou72's offer. It's a "waste of fees", but you save on interest and thus come out ahead. I don't believe there are any coins on Binance with a withdraw fee over 0.001BTC equivalent.

taking a break - expect delayed responses
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April 17, 2019, 11:26:37 PM
 #7

Added hassle and it's a waste of fees. No thank you but thanks for considering.

I'll do it at 0.031BTC return with killyou72's offer. It's a "waste of fees", but you save on interest and thus come out ahead. I don't believe there are any coins on Binance with a withdraw fee over 0.001BTC equivalent.

I have 4 pairs, 0.0002 BTC equivalent-in-the-alt as a fee, so yes, the 0.001 BTC would cover that. But rather I would need as such: when you receive the alts whatever I lost from withdraw is bought by you with that 0.001 BTC and then bought once more on top if you must withdraw back to me. Hope this makes sense.

I would still receive 0.03 BTC and I would still repay 0.033 BTC. See why this is not worth it? If we were talking 0.2 BTC+, it's probably a more workable idea, but trust here for $150 is a better option - saving us both time, money, and hassle at the end of the day..
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April 17, 2019, 11:57:01 PM
 #8

But rather I would need as such: when you receive the alts whatever I lost from withdraw is bought by you with that 0.001 BTC and then bought once more on top if you must withdraw back to me. Hope this makes sense.

Just buy the coins yourself with the amount you save on interest.
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April 18, 2019, 12:09:19 AM
 #9

But rather I would need as such: when you receive the alts whatever I lost from withdraw is bought by you with that 0.001 BTC and then bought once more on top if you must withdraw back to me. Hope this makes sense.

Just buy the coins yourself with the amount you save on interest.

That's possible too. 1 transaction directly to my Binance, 1 transaction directly to my deposit address (both signed by my staked address). Then another 0.001 BTC spent to cover send-back alt-withdraw fees (if they must be withdrawn back to me).

It's a bit of a Huh Huh, I get it, but odd/wasteful/cumbersome nevertheless.

All around, things "being eaten" by fees. Sure, I'm ready to do it if it's my last option, but holding out on someone who trusts me enough to send 0.03 BTC directly to my staked address. Even then - I pay another 0.0002 BTC in fees.. So I'm going to sign a direct deposit address ASAP now actually.
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April 18, 2019, 12:31:23 AM
 #10

odd/wasteful/cumbersome nevertheless.

It's only cumbersome because you're trying to make it so. You can't possibly be seriously suggesting that re-buying 0.0002 BTC ($1 LOL) worth of alts lost due to withdrawal fees would cost you anywhere near the amount you'd be saving in interest. You could just forget re-buying those alts and enjoy having sold them at a massive profit.

In any case, none of this should matter to your lender. You provide collateral, get your bitcoins, return the bitcoins, get back your collateral. Stop muddying the waters.
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April 18, 2019, 12:58:00 AM
 #11

odd/wasteful/cumbersome nevertheless.

It's only cumbersome because you're trying to make it so. You can't possibly be seriously suggesting that re-buying 0.0002 BTC ($1 LOL) worth of alts lost due to withdrawal fees would cost you anywhere near the amount you'd be saving in interest. You could just forget re-buying those alts and enjoy having sold them at a massive profit.

In any case, none of this should matter to your lender. You provide collateral, get your bitcoins, return the bitcoins, get back your collateral. Stop muddying the waters.

Cumbersome = slow/complicated and therefore inefficient. Exactly what's going on here.

I need 0.03BTC, if no one can send it collateral-free today then fine - I'll consider sending the alts or just wait more. But it's a waste of time and $5-10 approximately, not including transfer fees (lender would bear all these costs - so all of this matters to the lender).

Don't reply if you're just seeking to talk. Keep that to your thread.
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April 18, 2019, 01:27:18 AM
 #12

Cumbersome = slow/complicated and therefore inefficient. Exactly what's going on here.

I need 0.03BTC, if no one can send it collateral-free today then fine - I'll consider sending the alts or just wait more. But it's a waste of time and $5-10 approximately, not including transfer fees (lender would bear all these costs - so all of this matters to the lender).

Don't reply if you're just seeking to talk. Keep that to your thread.

LOL

Re-buying $1 worth of alts costs $5-10?

The lender is already offering you a discount far in excess of any reasonable fees. You're just looking for excuses to not provide a collateral.
marcotheminer (OP)
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April 18, 2019, 01:53:44 AM
 #13

Cumbersome = slow/complicated and therefore inefficient. Exactly what's going on here.

I need 0.03BTC, if no one can send it collateral-free today then fine - I'll consider sending the alts or just wait more. But it's a waste of time and $5-10 approximately, not including transfer fees (lender would bear all these costs - so all of this matters to the lender).

Don't reply if you're just seeking to talk. Keep that to your thread.

LOL

Re-buying $1 worth of alts costs $5-10?

The lender is already offering you a discount far in excess of any reasonable fees. You're just looking for excuses to not provide a collateral.

4 alts, $1 expense each. 2 ways (to lender and back to me).

Edit: I misunderstood what DarkStar was proposing (thought it was: he sends me 0.031)
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April 18, 2019, 02:15:31 AM
 #14

I don't know if you know this, but sending crypto is actually pretty cheap you can pick the fee that you set.

It really sounds like you just don't want to provide collateral. But saying you have collateral but you cant send it because of fees. This is a joke. No one in there right mind would fill this high risk loan with no collateral
marcotheminer (OP)
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April 18, 2019, 02:21:51 AM
 #15

I don't know if you know this, but sending crypto is actually pretty cheap you can pick the fee that you set.

It really sounds like you just don't want to provide collateral. But saying you have collateral but you cant send it because of fees. This is a joke. No one in there right mind would fill this high risk loan with no collateral

You lower the fee and you risk waiting 12+ hours for a confirmation.

Exactly: I don't want to provide collateral. AS STATED in opening post. Not because of fees (yes partly, and partly because pain in ass to transfer ownership, etc). Because I want to be able to sell them as necessary - not depend on the answer of someone who may or may not even see my message in time.

I can complete this if the agreed interest becomes 0.005 BTC, as I see this as a high risk, non-collateralized loan.

This member would Roll Eyes. Welcome to risk=return. And dare I say this is super low "risk" and excellent return for it. I can have filled nearly any loan, just not by people who won't do research, who won't take any risk, and who blindly believe the "scammer tag" I have.

No one in their right mind offers 10%+ interest for a week if proper collateral if provided.
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April 18, 2019, 02:55:41 AM
 #16

The solution is pretty easy.

You are holding small amounts of all ETH tokens.

Just bite the bullet, sell all your tokens for ETH, and trade the ETH for BTC, and voila, you have BTC, and you don't need a loan. It will be incredibly easy to repurchase your tokens with your returned BTC, and its doubtful they will go up by over a collective 10% during the course of the next week.


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marcotheminer (OP)
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April 18, 2019, 03:00:23 AM
 #17

The solution is pretty easy.

You are holding small amounts of all ETH tokens.

Just bite the bullet, sell all your tokens for ETH, and trade the ETH for BTC, and voila, you have BTC, and you don't need a loan. It will be incredibly easy to repurchase your tokens with your returned BTC, and its doubtful they will go up by over a collective 10% during the course of the next week.



Yes, I will sell them if nothing in next few hours/next day.

Though, I think exactly that Cheesy, that during the next week we will see some decent altcoin returns if BTC/ETH continue with flatlines.



Still seeking.
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April 18, 2019, 05:00:05 AM
 #18

Closed.
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