Samory (OP)
Newbie
 Offline
Activity: 8
Merit: 0
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August 17, 2019, 08:57:47 PM |
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Loan Amount: 0.3 BTC
Reason for Taking out a Loan: I need to spent it as a deposit to my bank Acc, but dont want to touch my own wallet, where I keep around 0.5 BTC since 2016
Amount to be repaid: 0.4
Repayment Date: 25/08/2019
Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
Bitcoin Address: 3AHsLHQukikAA5FN8xm1QSmpiA85ys2mFe
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drwhobox
Full Member
Offline
Activity: 756
Merit: 133
- hello doctor who box
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August 17, 2019, 09:15:05 PM |
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Loan Amount: 0.3 BTC
Reason for Taking out a Loan: I need to spent it as a deposit to my bank Acc, but dont want to touch my own wallet, where I keep around 0.5 BTC since 2016
Amount to be repaid: 0.4
Repayment Date: 25/08/2019
Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
Bitcoin Address: 3AHsLHQukikAA5FN8xm1QSmpiA85ys2mFe
Repayment 0.4 BTC which means 28.57% profit in about a week! That's very nice return. Problem here is that a lender is not going to take that much hassle to risk $3,039 to an unknown person in the forum. You will simply walk away with the money my friend. |
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PrimeNumber7
Copper Member
Legendary
Offline
Activity: 1666
Merit: 1901
Amazon Prime Member #7
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August 17, 2019, 09:29:56 PM |
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Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
This is not secure. BitGo only controls one of three private keys associated with addresses where coin is 'stored'. Two keys are required spend the coin. The customer's "primary" key is designed to initiate all transactions. The customer will sign transactions with this key, and provide the signed transaction to BitGo, who will then verify the requestor is authorized to request that BitGo sign the transaction based on account settings. If all requirements are met, BitGo will sign the transaction. There is a 3rd key, held by the customer, designed to be a "cold storage" key, that can be used in conjunction with the "primary" key to spend any coin within the address. The above means, that the lender will be unable to spend any coin within the wallet, and the OP would be able to move any coin held in the BitGo wallet. |
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JustinBounty
Member
Offline
Activity: 138
Merit: 15
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August 18, 2019, 02:17:28 AM |
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Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
This is not secure. BitGo only controls one of three private keys associated with addresses where coin is 'stored'. Two keys are required spend the coin. The customer's "primary" key is designed to initiate all transactions. The customer will sign transactions with this key, and provide the signed transaction to BitGo, who will then verify the requestor is authorized to request that BitGo sign the transaction based on account settings. If all requirements are met, BitGo will sign the transaction. There is a 3rd key, held by the customer, designed to be a "cold storage" key, that can be used in conjunction with the "primary" key to spend any coin within the address. The above means, that the lender will be unable to spend any coin within the wallet, and the OP would be able to move any coin held in the BitGo wallet. A true gem of a post, merit sent!  |
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jbdee
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August 18, 2019, 04:16:13 AM |
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Loan Amount: 0.3 BTC
Reason for Taking out a Loan: I need to spent it as a deposit to my bank Acc, but dont want to touch my own wallet, where I keep around 0.5 BTC since 2016
Amount to be repaid: 0.4
Repayment Date: 25/08/2019
Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
Bitcoin Address: 3AHsLHQukikAA5FN8xm1QSmpiA85ys2mFe
Why don't you send the collateral to the lender wallet? For the interest you are willing to pay (0.1 BTC in a week), I think you won't mind to pay some transfer fees... Also you say first you have around 0.5 BTC, then you say around 0.4 BTC, you lost 0.1 BTC while writing your post? |
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Initscri
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August 18, 2019, 05:58:01 AM |
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Type of Collateral: My BITGO Wallet, where I am holding around 0.4 Bitcoin, you will receive Password + 2FA , you can change the Password and set the 2FA for yourself, but you are strictly not allowed to move out any funds. Once I have paid back, you give my Wallet with my Funds back.
This is not secure. BitGo only controls one of three private keys associated with addresses where coin is 'stored'. Two keys are required spend the coin. The customer's "primary" key is designed to initiate all transactions. The customer will sign transactions with this key, and provide the signed transaction to BitGo, who will then verify the requestor is authorized to request that BitGo sign the transaction based on account settings. If all requirements are met, BitGo will sign the transaction. There is a 3rd key, held by the customer, designed to be a "cold storage" key, that can be used in conjunction with the "primary" key to spend any coin within the address. The above means, that the lender will be unable to spend any coin within the wallet, and the OP would be able to move any coin held in the BitGo wallet. Honestly wouldn't be a bad idea to post this in a separate thread. It's good information & a good warning. |
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Samory (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 18, 2019, 03:22:50 PM |
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Okay can be closed. Found an lender
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Initscri
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August 18, 2019, 06:47:50 PM |
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Okay can be closed. Found an lender
You can lock the topic yourself. Bottom left corner. |
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Web Developer. PM for details.
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LadyMex
Newbie
Offline
Activity: 3
Merit: 0
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August 23, 2019, 04:11:41 PM |
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Okay can be closed. Found an lender
Please can you post tx ID? |
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TryNinja
Legendary
Offline
Activity: 3024
Merit: 7444
Top Crypto Casino
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August 23, 2019, 10:03:34 PM |
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Please can you post tx ID?
He won’t. He wasn’t logged in since he posted that because his account was just a throwaway made to scam someone. No need to bump th thread after 5 days. |
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LadyMex
Newbie
Offline
Activity: 3
Merit: 0
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August 24, 2019, 09:13:13 AM |
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Please can you post tx ID?
He won’t. He wasn’t logged in since he posted that because his account was just a throwaway made to scam someone. No need to bump th thread after 5 days. Sorry my mistake, next time i will check the post date. |
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