Loans offered

[smooth]

Collateralized loans only, unless you have insanely strong reputation (in which case I probably already know who you are so if I don't, don't bother).

I have 100+ BTC to lend. I can raise more if there is a strong proposal.

I have a long-term reputation on this forum and I can point to other trading reputation.

Minimum loan amount is 0.05 0.5.

PM or reply with loan requests meeting these criteria.

[smooth]

Loans outstanding

none

Loans repaid

1. Loan dated March 19, 2014. ehalvers 0.317 BTC due April 9, 2014 (repaid early at reduced rate of 0.308, March 20)
2. Loan dated March 22, 2014, CIMF 0.101 BTC due March 29, 2014 (repaid 3 days early)
3. Loan dated March 26, 2014 Raskolnikon 0.0648 BTC due April 15 (repaid 2 weeks early)
4. Loan dated March 23, 2014 ClutchThese seller financing AntMiner S1 balance 0.62823 due April 23, 2014 see post https://bitcointalk.org/index.php?topic=521862.msg5849367#msg5849367 (repaid April 3, 2014)
5, Loan dated April 1, 2014 tkeod seller financing AntMiner S1 balance 0.27468 due May 1, 2014 see post https://bitcointalk.org/index.php?topic=521862.msg6013938#msg6013938
6. Loan dated October 3, 2015. bitl0ck 0.5075 BTC due October 21, 2015 - due date changed to October 27, 2015, 0.50 repaid, and additional 0.5075 due, for a total of 0.515 now due - fully repaid
7. Loan dated October 27, 2015. Heutenamos 0.24 BTC due November 26, 2015
8. Loan dated January 15, 2016. Heutenamos 0.21 BTC due Feburary 19, 2016 (repaid January 23, 2016)


Defaulted

1. Loan dated April 8, 2014 tkeod seller financing 2x AntMiner S1 1.87961 payment 0.4 btc/week (bal: 1.334872661) see post https://bitcointalk.org/index.php?topic=521862.msg6136509#msg6136509 See default

[snarlpill]

How do you guys work out collateral on here?

[smooth]

It has to be collateral that is readily transferrable either to the lender or to a trusted escrow (and then of course back to the borrower after the loan is repaid). Altcoins (especially LTC) is considered the best collateral but I'm quite flexible on a case by case basis.

[snarlpill]

I see, that makes sense but as far as myself I don't have any Litecoins, so in order to have collateral I would probably have to go buy LTC with fiat right?

[smooth]

I see, that makes sense but as far as myself I don't have any Litecoins, so in order to have collateral I would probably have to go buy LTC with fiat right?

I'm flexible about collateral but it has to be something that can be easily transferred and (if necessary) liquidated. If you have something that meets those requirements then lets talk.

[FruitRollUp]

I wish I had money like that to play with.

You're a good guy OP.

[ehalvers]

OP is great guy  

We worked out our deal very quickly. Prompt messaging and a pleasure to work with.

Even with some chance happenings we were able to work everything out.

I used cryptostocks.com holdings as collateral (you can transfer stocks from account to account)

Thanks again Smooth!

P.S. many stocks on there are fairly volatile so be careful!

[smooth]

OP is great guy  

As is ehalvers.

We worked out our deal very quickly. Prompt messaging and a pleasure to work with.

Even with some chance happenings we were able to work everything out.

I used cryptostocks.com holdings as collateral (you can transfer stocks from account to account)

Thanks again Smooth!

P.S. many stocks on there are fairly volatile to be careful!

[Raskolnikon]

I'm a newbie so I won't ask for loans since I've seen plenty of people around here getting ready to jump newbies for "being scammers".

I was just curious to ask if you use btcjam for lending money ? (I have my request there, but it's not related to this topic).

I would loan against my car to pay my studies but unless you're from the EU, it wouldn't work.

Anyway, cheers and good luck finding good investment opportunities.

edit : spelling mistake

[GreedyBoy]

Excuse me I didn't get how can I lend coins? I mean what kind of reputation should I have?

[smooth]

I don't use btcjam. I checked out the site a little bit and didn't really like it. Can't say what I didn't like about it, just a preference.
 

I'm a newbie so I won't ask for loans since I've seen plenty of people around here getting ready to jump newbies for "being scammers".

I was just curious to ask if you use btcjam for lending money ? (I have my request there, but it's not related to this topic).

I would loan against my car to pay my studies but unless you're from the EU, it wouldn't work.

Anyway, cheers and good luck finding good investment opportunities.

edit : spelling mistake

[ClutchThese]

I'm looking for a .7btc loan for 3 weeks.

For collateral i have:

THOR: 4.8 million
SHA: 10,800
LTC: 1
GHC 10,000
UNI: 55,000
vault: 11,000

I have a few more LTC on coinex... but have no idea when that will come back online... sadly.

I've done a few loans on here already, and i always payback on time or early.

[smooth]

Excuse me I didn't get how can I lend coins? I mean what kind of reputation should I have?

If you want to lend you don't really need a reputation. If you want to borrow you generally need collateral

[Raskolnikon]

I don't use btcjam. I checked out the site a little bit and didn't really like it. Can't say what I didn't like about it, just a preference.

Got it (and thanks for answering), guess I should start borrowing here when I get some activity in order to build trust..

[bitcoinnewshk]

Please share how it works
Thanks.

[E.exchanger]

Care to mention what's the interest rate on which ur are offering the loan

[smooth]

It depends on the situation. I tend to be on the side of lower interest rates but being very demanding in terms of collateral. I do not want to charge everyone extra to make up for the loans that go bad. I want to avoid bad loans. Both are reasonable ways of making money, but my focus is more on the side of good loans.

[ClutchThese]

I'm looking for a .7btc loan for 3 weeks.

For collateral i have:

THOR: 4.8 million
SHA: 10,800
LTC: 1
GHC 10,000
UNI: 55,000
vault: 11,000

I have a few more LTC on coinex... but have no idea when that will come back online... sadly.

I've done a few loans on here already, and i always payback on time or early.

Haven't heard from you on this one... i suppose that's a no-go?

[smooth]

I've been offline for several hours due to a family medical emergency (seems to be resolved now). I will be looking at the posts and PMs in about 2-3 hours.