melds39
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Activity: 104
Merit: 10
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April 10, 2014, 10:21:51 PM |
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50 btc for a newbie is probably legit
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 10, 2014, 11:35:21 PM |
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you wouldn't take say, LoL or steam account as collateral would you? haha it's the only digital thing I have of value ^^
No Need a loan of 50BTC for a business project.
No
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Vod
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Activity: 3822
Merit: 3121
Licking my boob since 1970
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April 11, 2014, 01:07:47 AM |
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Need a loan of 50BTC for a business project.
For that amount it is probably best to start a new thread listing your reasons, payback ability and collateral.
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https://nastyscam.com - featuring 13 years of OGNasty bitcoin scams https://vod.fan - fast/free image sharing - cleaning it up! (240905) Will Theymos finish his $100,000,000 forum before this one shuts down?
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 11, 2014, 01:10:17 AM |
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Need a loan of 50BTC for a business project.
For that amount it is probably best to start a new thread listing your reasons, payback ability and collateral. I'm guessing that will not happen
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DubFX
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April 11, 2014, 10:25:42 AM |
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Acidyo
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April 11, 2014, 11:14:34 AM |
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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.
What's the point in that? If someone wants to "borrow" btc and only has ltc as collateral, he would just trade them on an exchange.
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hotplayers
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Activity: 33
Merit: 0
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April 11, 2014, 02:05:27 PM |
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It is a legitimate request but being a Newbie I'm sure I didn't go about it correctly. I hesitate to go into detail on my project on a public forum but I do have terrific collateral. If you have the where with all to supply the loan then PM me and I will detail my project and collateral. Thanks.
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DubFX
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April 11, 2014, 02:30:55 PM |
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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.
What's the point in that? If someone wants to "borrow" btc and only has ltc as collateral, he would just trade them on an exchange. If you belive in LTC future and rise of the value you wouldn't want to spend them would you? They would be taken away from you only if you will not repay otherwise they should be sent back to you.
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smooth (OP)
Legendary
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Activity: 2968
Merit: 1198
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April 11, 2014, 04:31:52 PM |
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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.
What's the point in that? If someone wants to "borrow" btc and only has ltc as collateral, he would just trade them on an exchange. If you belive in LTC future and rise of the value you wouldn't want to spend them would you? They would be taken away from you only if you will not repay otherwise they should be sent back to you. Correct. Furthermore sometimes the assets are income-generating, for example GHS. In that case I hold the GHS but they continue to mine and upon payment of the loan I send back not only the GHS but also all the mined coins.
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 11, 2014, 04:32:51 PM |
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It is a legitimate request but being a Newbie I'm sure I didn't go about it correctly. I hesitate to go into detail on my project on a public forum but I do have terrific collateral. If you have the where with all to supply the loan then PM me and I will detail my project and collateral. Thanks.
OK PM me.
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tkeod
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Activity: 50
Merit: 0
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April 15, 2014, 07:44:13 PM |
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Sent a payment of .4
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 15, 2014, 08:58:17 PM |
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Sent a payment of .4
Received. PM sent.
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tkeod
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Activity: 50
Merit: 0
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April 23, 2014, 04:20:13 AM |
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Sent a payment of .4
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 23, 2014, 04:22:25 AM |
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Sent a payment of .4
Just got it thanks. Will update the loan balance post shortly.
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tkeod
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Activity: 50
Merit: 0
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April 23, 2014, 04:28:47 AM |
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Sent a payment of .4
Just got it thanks. Will update the loan balance post shortly. Sounds good to me.
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 23, 2014, 04:38:41 AM |
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Re: tkoed loan
Hmm, looks like the balance never got updated last week.
Week 1:
Starting balance: 1.87961
Payment: -0.4
Hosting (14 days, 3 miners @ 0.075 each): +0.225
Balance: 1.70461
Interest: 0.0170461
New balance: 1.7216561
Week 2:
Starting balance: 1.7216561
Payment: -0.4
Balance: 1.3216561
Interest: 0.013216561
New balance: 1.334872661
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tkeod
Newbie
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Activity: 50
Merit: 0
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April 23, 2014, 05:03:31 AM |
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Re: tkoed loan
Hmm, looks like the balance never got updated last week.
Week 1:
Starting balance: 1.87961
Payment: -0.4
Hosting (14 days, 3 miners @ 0.075 each): +0.225
Balance: 1.70461
Interest: 0.0170461
New balance: 1.7216561
Week 2:
Starting balance: 1.7216561
Payment: -0.4
Balance: 1.3216561
Interest: 0.013216561
New balance: 1.334872661
Everything looks to be in order from this update of the loan
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stevegraden
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Activity: 8
Merit: 0
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April 23, 2014, 05:52:15 AM |
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Would like to find out about joining your pool and investing bitcoin to increase available investment pool
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gondel
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Activity: 1946
Merit: 1005
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April 23, 2014, 06:44:26 AM |
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Hi, If you lend me 0.2 btc for month how much do you want in return? BR, Gondel
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smooth (OP)
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Activity: 2968
Merit: 1198
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April 23, 2014, 06:49:00 AM |
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Hi, If you lend me 0.2 btc for month how much do you want in return? BR, Gondel
What is your collateral?
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