I want to borrow 100 BSV

[borrowingborrower]

I want to borrow 100 BSV for a week. I can pay back 100.25 BSV. I have a collateral in BTC (110%).
Does anyone have enough BSV?

[1714093278]

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[1714093278]

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[1714093278]

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[suchmoon]

Why would anyone in their right mind want to do it? For a measly 0.25%...

Offer 25% and you might find someone willing to take the risk.

[AB de Royse777]

Offer 25% and you might find someone willing to take the risk.

Sorry there are no BSV loan here, not even with 25% interest rate :-)

[borrowingborrower]

Why would anyone in their right mind want to do it? For a measly 0.25%...

Offer 25% and you might find someone willing to take the risk.

It is one week loan. Yearly it would be ~ 12,5%. And what is the risk for the lender? I have a collateral. If someone holds BSV what is the problem for him to lend them for a week? I don't get it.

[PrimeNumber7]

Why would anyone in their right mind want to do it? For a measly 0.25%...

Offer 25% and you might find someone willing to take the risk.

It is one week loan. Yearly it would be ~ 12,5%. And what is the risk for the lender? I have a collateral. If someone holds BSV what is the problem for him to lend them for a week? I don't get it.

The risk is the value of BSV declines. I don’t think many lenders around here are holding large amounts of BSV, so they would be subject to prove risks even if you repay.

[borrowingborrower]

The risk is the value of BSV declines. I don’t think many lenders around here are holding large amounts of BSV, so they would be subject to prove risks even if you repay.
[/quote]

Yes, I understand that. Full agree. But I am looking for someone who after all holds BSV. For example I hold some GameCredits and if it was possible I would lend them.

[suchmoon]

Yes, I understand that. Full agree. But I am looking for someone who after all holds BSV. For example I hold some GameCredits and if it was possible I would lend them.

BSV holders (if there is such a thing) probably wouldn't lend to you because they think BTC will tank making your collateral insufficient but I tried anyway: https://bitcointalk.org/index.php?topic=4985868.msg53373364#msg53373364

There is of course also a significant risk that a newbie account would try to pull some escrow/collateral scam.

[borrowingborrower]

BSV holders (if there is such a thing) probably wouldn't lend to you because they think BTC will tank making your collateral insufficient but I tried anyway: https://bitcointalk.org/index.php?topic=4985868.msg53373364#msg53373364
There is of course also a significant risk that a newbie account would try to pull some escrow/collateral scam.

Thanks man!

[bitserve]

You will have a VERY hard time finding anyone with 100BSV. Why? Because noone in their right mind would have bought as much unless he got airdropped because of initially having more than 100BTC. And, even in that case, you would need to find someone with more than 100BTC that hodled his BCH until the BSV fork and kept hodling till now.

And no one with 100+BTC (probably WAY more to still be hodling 100 BSV) is gonna lend you shit for pennies. So you better up, or better yet, change your game.

Maybe I could lend you 5-10 BSV. For 20%/week (you give me back 6 if its 5, 12 if its 10). 150% collateral in BTC that *I* hold, no third party escrow. Or with third party (well known) escrow for 30%/week. Deal?

Scratch that, with those terms I could even give you one full month instead of just one week for the same interest.

Maybe my terms don't sound too good, but yours are even more ridiculous and my offer is probably the best you are gonna get.

[Bitcoin SV]

I want to borrow 100 BSV for a week. I can pay back 100.25 BSV. I have a collateral in BTC (110%).
Does anyone have enough BSV?

What are the guarranties?

[Railai]

It looks like an okish ammount, now with the low price people can go and buy, it will rise anyway in a matter of some weeks, so it shall be profit on both sides.
I might be interested if you agree with certain terms, right now I owe less than 50 bsv on my binance; and the good part is that they enabled transfers between accounts lately so sounds ok.

[DireWolfM14]

I want to borrow 100 BSV for a week. I can pay back 100.25 BSV. I have a collateral in BTC (110%).
Does anyone have enough BSV?

What are the guarranties?

Did you bother to read the post you quoted?

[JayJuanGee]

I want to borrow 100 BSV for a week. I can pay back 100.25 BSV. I have a collateral in BTC (110%).
Does anyone have enough BSV?

What are the guarranties?

Did you bother to read the post you quoted?

Bitcoin SV is a bot.  He does not really understand anything, but he could be a sucker bot that is dumb enough to make a BSV loan. 

I mean, anyone who actually has 100BSV could not be too smart, could they?   

[borrowingborrower]

Maybe my terms don't sound too good, but yours are even more ridiculous and my offer is probably the best you are gonna get.

Yes, your offer is really ridiculous. I do believe it is not the best.
OK, I do not need one person with 100 BSV, there might be a group of people. And to be honest I can borrow 100 but also 10 or 200 BSVs.

And the loan period might be a month but can be even shorter, let's say 3-7 days.

So, if you have 5-10 BSV and want to hold it for at least a week (no matter what will happen with the price), then why not to lend them to me?

My only condition is that the loan price can not exceed 10-20% per year.

[borrowingborrower]

It looks like an okish ammount, now with the low price people can go and buy, it will rise anyway in a matter of some weeks, so it shall be profit on both sides.
I might be interested if you agree with certain terms, right now I owe less than 50 bsv on my binance; and the good part is that they enabled transfers between accounts lately so sounds ok.

Finally the interesting response. Thank you. OK, let's get to the details. I can use my BTC as a collateral but have no experience in borrowing. I am not willing to send you my collateral first because I do not know you. I need to read some posts how to do that. Or maybe you can help me and write how to do that with no risk for me nor you? Escrow sounds OK.

[Herbert_kopf]

It looks like an okish ammount, now with the low price people can go and buy, it will rise anyway in a matter of some weeks, so it shall be profit on both sides.
I might be interested if you agree with certain terms, right now I owe less than 50 bsv on my binance; and the good part is that they enabled transfers between accounts lately so sounds ok.

Finally the interesting response. Thank you. OK, let's get to the details. I can use my BTC as a collateral but have no experience in borrowing. I am not willing to send you my collateral first because I do not know you. I need to read some posts how to do that. Or maybe you can help me and write how to do that with no risk for me nor you? Escrow sounds OK.

one suggestion, I am not too much experienced and I'm not lender but there is official escrow list you should use, and do not trade via telegram or skyp
Use only forum

[eddie13]

I can probably loan you BSV but you are going to pay exchange rates on my end both ways + 5% after my fees, and 150% collateral subject to liquidation if/when liquidity gets slim..
lmk

[bitserve]

Maybe my terms don't sound too good, but yours are even more ridiculous and my offer is probably the best you are gonna get.

Yes, your offer is really ridiculous. I do believe it is not the best.
OK, I do not need one person with 100 BSV, there might be a group of people. And to be honest I can borrow 100 but also 10 or 200 BSVs.

And the loan period might be a month but can be even shorter, let's say 3-7 days.

So, if you have 5-10 BSV and want to hold it for at least a week (no matter what will happen with the price), then why not to lend them to me?

My only condition is that the loan price can not exceed 10-20% per year.

The main problem is that you are a completely new account asking for a loan. 10-20% per year might be reasonable for a trusted member IF it really were for a year, but you want to extrapolate that interest to a few days? If we consider fees and all that you are basically asking for a free loan. And then there is the collateral that might not account for extreme valuation changes of BSV.

What do you want the BSV for if it is not too much to ask? I mean, if you already have 110% the amount in BTC... Can't you just leverage your BTC or convert it and do "your thing" then convert back?

Anyway, eddie13 offer above seems to be very reasonable and maybe closer to what you are looking for.

[eddie13]

What do you want the BSV for if it is not too much to ask?

I think he wants to get short on BSV..

Borrow
Sell
Price goes down
Buy back
Keep change
Repay loan
Profit

I've thought a bit about how to do this off-exchange myself..

But if he has to pay my fees and exchange rates both ways that fluctuate with the market it makes his profit moot against the changing market, so it wont work with my offered structure...
Unless it dropped within the collateral liquidation point and came back up, and he made the perfect trade in it, then maybe we could both profit..
I should liquidate at around 130% @ 150% collateral to guarantee my profit on the deal..

If he thinks he can make the trade that's fine.. I'll raise his liquidation to 175% if he can give me 200% collateral

Maybe he is thinking about setting himself up with a no-loss situation at the possible expense of an inexperienced lender (scam), but collateral lending is the business of setting up a no loss situation for yourself..

I didn't really research him.. How smart does he seem?

He could also just be a troll out to prove the point that BSV isn't woth A Flying Fuck Hellfish..

[bitserve]

^ @eddie13

That's exactly what I was thinking. But then, what he should do is use his BTC to leverage a BSV position in an exchange. Way cheaper and simpler...

UNLESS he has the "master plan" of trying to leave behind the collateral and stiff the deal in the improbable case that BSV happens to surge (10%+). 

So that's why 110% collateral is inaceptable in this case.