Bitcoin Forum
May 26, 2019, 04:45:46 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Pop's Short Term Loans  (Read 318 times)
ChrisPop
Legendary
*
Offline Offline

Activity: 1568
Merit: 1004


Free Crypto in Stake.com Telegram t.me/StakeCasino


View Profile
April 22, 2019, 02:38:07 PM
Last edit: May 15, 2019, 08:44:51 PM by ChrisPop
 #1

I consider myself a veteran of this forum so I thought I offer a lending service to engage and aid the community we have here and of course make a little profit. I'll start with offering some small loans and then if I gain some traction I'll upgrade this service. The OP is pretty poor right now, but I'll invest more time in it in the future.

Available Loans

Bitcoin - maximum 0.10 BTC/loan

Collateral

-Minimum 110% of loaned sum ( major altcoins accepted )
-No Bitcointalk accounts accepted
-Liquidation: Collateral is less than 102% of the loaned sum
-All transaction fees are covered by the borrower

Interest
1-2 days - 0.75%
3-5 days - 1.50%
5-7 days - 3%

Bitcoin Repayment Address: 3EVN6waCJu5oRU1Cuhso1YnLWnPQVmVBWr

1558889146
Hero Member
*
Offline Offline

Posts: 1558889146

View Profile Personal Message (Offline)

Ignore
1558889146
Reply with quote  #2

1558889146
Report to moderator
1558889146
Hero Member
*
Offline Offline

Posts: 1558889146

View Profile Personal Message (Offline)

Ignore
1558889146
Reply with quote  #2

1558889146
Report to moderator
1558889146
Hero Member
*
Offline Offline

Posts: 1558889146

View Profile Personal Message (Offline)

Ignore
1558889146
Reply with quote  #2

1558889146
Report to moderator
GET 25 FREE SPINS AT REGISTRATION
GET 100% BONUS ON FIRST DEPOSIT
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558889146
Hero Member
*
Offline Offline

Posts: 1558889146

View Profile Personal Message (Offline)

Ignore
1558889146
Reply with quote  #2

1558889146
Report to moderator
2double0
Legendary
*
Offline Offline

Activity: 1414
Merit: 1011



View Profile
April 27, 2019, 07:22:24 AM
 #2

Loan Amount: 0.5 ETH
Reason: Need ETH to buy an alt. 
BTC Address: Need ETH at
0x9a0eae8cd366c780bbd968af34cc1178a72152f1     
Term Length: 28 days (15% interest total)   
Collateral: None

The campaign I'm enrolled in, can let me earn this in just a week. So, please consider my request.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
██  █████████▄  ▄████████████
  ███████████████████████████
██  █████████████████████████
  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀    ████
  █████████████▀   ██    ████
████  █████▀    ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
  ███████    ██    ██    ████
██  █████    ██    ██    ████
  ███████████████████████████
.....
ChrisPop
Legendary
*
Offline Offline

Activity: 1568
Merit: 1004


Free Crypto in Stake.com Telegram t.me/StakeCasino


View Profile
May 14, 2019, 07:07:36 PM
 #3

Loan Amount: 0.5 ETH
Reason: Need ETH to buy an alt. 
BTC Address: Need ETH at
0x9a0eae8cd366c780bbd968af34cc1178a72152f1     
Term Length: 28 days (15% interest total)   
Collateral: None

The campaign I'm enrolled in, can let me earn this in just a week. So, please consider my request.

As I have mentioned in the OP I will not accept loans without collateral. And I am not accepting bitcointalk accounts. I don't doubt your good trustworthiness as you're a legendary member and a negative feedback would damage your account value much more than 0.5 ETH. However please understand that this is a risk I am not willing to take.

DarkStar_
Legendary
*
Offline Offline

Activity: 1344
Merit: 1777



View Profile WWW
May 14, 2019, 07:21:21 PM
Last edit: May 14, 2019, 07:33:24 PM by DarkStar_
 #4

You're going to really struggle finding a borrower with such high interest rates and required altcoin collateral. The only advantage that your service has compared to most others is no liquidation condition, at the cost of much higher interest.

petahasher
Member
**
Offline Offline

Activity: 240
Merit: 20


View Profile
May 14, 2019, 10:15:20 PM
 #5

I agree with DarkStar, you are asking for free money at this point, of which almost nobody will give you. You should re-think the terms of your service

DarkStar_
Legendary
*
Offline Offline

Activity: 1344
Merit: 1777



View Profile WWW
May 14, 2019, 10:20:50 PM
Merited by DireWolfM14 (1)
 #6

I agree with DarkStar, you are asking for free money at this point, of which almost nobody will give you. You should re-think the terms of your service

Technically he does have greater risk because someone could give him 0.12BTC of a highly volatile altcoin, and borrow 0.1BTC against it. If the coin pumps, he repays the loan, paying a sizable amount of interest but profiting much more. If the coin crashes, they could default the loan and ChrisPop would be left with a loss. It actually would work decently as a hedge in theory as you have limited downside (-0.02BTC) with unlimited upside and a 30 day period to exercise the repayment option.

ChrisPop
Legendary
*
Offline Offline

Activity: 1568
Merit: 1004


Free Crypto in Stake.com Telegram t.me/StakeCasino


View Profile
May 15, 2019, 10:10:58 AM
Merited by DarkStar_ (1)
 #7

Thank you very much DarkStar for your feedback! I really appreciate it. These said I have revised my terms and my service will focus on short term loans. Also I have added a liquidation condition as you can see in the updated OP. I'm waiting for my first client  Grin

SM23031997
Hero Member
*****
Offline Offline

Activity: 728
Merit: 564


View Profile
May 15, 2019, 08:26:16 PM
 #8

Your Interest rate is too good to be true, are you planning to run away with the collateral?  Cheesy
Am I eligible for 0.02 BTC loan?
I don't need it right now but checking places where I can get them without collateral for Gambling purpose only.
ChrisPop
Legendary
*
Offline Offline

Activity: 1568
Merit: 1004


Free Crypto in Stake.com Telegram t.me/StakeCasino


View Profile
May 15, 2019, 08:43:53 PM
 #9

Your Interest rate is too good to be true, are you planning to run away with the collateral?  Cheesy
Am I eligible for 0.02 BTC loan?
I don't need it right now but checking places where I can get them without collateral for Gambling purpose only.

I am not here to make high profits, but to create more engagement and use of cryptocurrencies in this community. Run with 0.02btc? Haha.. That is a fortune if you think about it. I really believe that Bitcoin will be worth $1 Million sometime. 3%/week is pretty decent though borrowers need to cover all tx fees as well Wink

DarkStar_alt
Full Member
***
Offline Offline

Activity: 170
Merit: 108


View Profile WWW
May 16, 2019, 01:08:23 AM
 #10

I am not here to make high profits

Then offer a competitive rate  Wink

DO NOT Trade with this account - it is less secure than my normal account
For any inquires, I'd prefer if you PMed my normal account (DarkStar_) for a faster response.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!