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Author Topic: [CANCELLED] Want to borrow 122k DOGE, BTC as collateral  (Read 297 times)
jbdee (OP)
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January 29, 2021, 12:11:54 PM
Last edit: February 02, 2021, 09:57:38 AM by jbdee
 #1

Hi,
I need 122K DOGE (I have them but they are stuck on Poloniex).
I have enough to cover 120% with BTC.
Please first post here then send me a message on Telegram @jbdee

EDIT 02/02/2021:
I don't need this loan anymore.

Vod
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January 31, 2021, 02:07:34 AM
 #2

Hi,
I need 122K DOGE (I have them but they are stuck on Poloniex).
I have enough to cover 120% with BTC.

Do you have them, or does Poloniex? 

I post for interest - not signature spam.
https://elon.report - new B.P.I.P. Reports!
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Quickseller
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January 31, 2021, 05:29:07 AM
 #3

The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place. 

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Vod
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January 31, 2021, 11:27:48 PM
 #4

The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place. 

I think users understand it's a scam when I ask a question and the OP doesn't respond.

I post for interest - not signature spam.
https://elon.report - new B.P.I.P. Reports!
https://vod.fan - fast/free image sharing - coming Nov
Quickseller
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February 01, 2021, 03:45:48 AM
 #5

He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.

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Vod
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February 01, 2021, 03:57:07 AM
 #6

He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.

Stop worrying about details of his scam.  People can type whatever they want.   I handled it already.   Wink

I post for interest - not signature spam.
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https://vod.fan - fast/free image sharing - coming Nov
scammed-by-nitro
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February 01, 2021, 04:42:44 AM
 #7

The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place.  

I think users understand it's a scam when I ask a question and the OP doesn't respond.

Click on the OPs profile to see he hasn't been online after your reply.

"Last Active:   January 30, 2021"


You are too busy calling people scammers and cant even make the smallest check, hahaha. No brain!
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February 01, 2021, 07:27:06 PM
Merited by Quickseller (1)
 #8

The price of DOGE is very volatile right now. Potential lenders should consider terms such as automatic liquidation if the collateral value drops below a certain threshold, and where the btc being held as collateral will be held, such as an exchange so stop orders can be in place.  

I think users understand it's a scam when I ask a question and the OP doesn't respond.

Click on the OPs profile to see he hasn't been online after your reply.

"Last Active:   January 30, 2021"


You are too busy calling people scammers and cant even make the smallest check, hahaha. No brain!

OP has his own lending service, so he knows how it's going here with lending. It is essential that it is responsible for a short time.

I agree with Quickseller; it was very risky to do anything with a Dogecoin. price varies -40% up to +50% on a daily basis or in just a few hours. So, 120% collateral easy can be liquidated, and only an hour later it may not be necessary.
Also, I am not sure who will borrow Doge at 120 sat value and get it back when they back on 30.

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jbdee (OP)
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February 02, 2021, 09:54:59 AM
Merited by Quickseller (1)
 #9

He was clear that his DOGE is stuck at poloniex and that he is using BTC to secure his loan.

Stop worrying about details of his scam.  People can type whatever they want.   I handled it already.   Wink

Explain me my "scam" (which is not), how is it a scam?

My offer was clear and easy to understand, "Quickseller" understood correctly, and "scammed-by-nitro" said everything that had to be said about you  Grin

I understand 120% collateral was risky because of the volatility it's why in another thread I was asking to the lender what amount would be fine with 0.15 BTC, I was willing to get any amount, but he finally didn't want take this loan  Roll Eyes

I don't need the DOGE anymore, Poloniex still didn't enable DOGE withdrawal so I had to sell everything there.

EDIT:
Poloniex finally re-enabled DOGE withdrawal after few days of lock:
https://twitter.com/PoloSupport/status/1356352677597343746

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February 02, 2021, 12:26:07 PM
 #10

I understand 120% collateral was risky because of the volatility it's why in another thread I was asking to the lender what amount would be fine with 0.15 BTC, I was willing to get any amount, but he finally didn't want take this loan  Roll Eyes

Ofc I didn't want to give any loan to someone that didn't know how much he wants and how much is +120% to cover me or any other lender. That's the reason that you didn't clarify how much BTC could give as collateral in your OP, because you knew that you can't cover it with 0.15BTC and you were in a "hurry" to sell your DOGE.
Next time say firstly how much you can give as collateral. It will be much easier for all.

I don't need the DOGE anymore

Good to hear it. Cool

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Vod
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February 02, 2021, 03:39:02 PM
 #11

I don't need the DOGE anymore

Aw geez, Vod right and PrimeNumber7 arriving after problem is solved?

I post for interest - not signature spam.
https://elon.report - new B.P.I.P. Reports!
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jbdee (OP)
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February 02, 2021, 09:59:53 PM
 #12

@condoras: I told you how many DOGE I needed at first, but the rate was changing like crazy and you pointed it so I told you how many BTC I could give and asked you how many DOGE I could get with that, but you replied bs. I probably should have told how many BTC I could give first, but even after telling this you replied bs so the problem was definitely  not this. Next time, I repeat, just tell straight you don't want take the loan, you'll both save us time.

@Vod: You're didn't reply to my question, so can I say you are a scammer? (Based on your logic). I don't see any PrimeNumber7 in this thread, please clarify.

Vod
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February 02, 2021, 11:11:10 PM
 #13

@Vod: You're didn't reply to my question, so can I say you are a scammer? (Based on your logic).

Yes you may.   Permission and forgiveness.  Smiley

I post for interest - not signature spam.
https://elon.report - new B.P.I.P. Reports!
https://vod.fan - fast/free image sharing - coming Nov
condoras
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February 03, 2021, 10:36:10 AM
 #14

Next time, I repeat, just tell straight you don't want take the loan, you'll both save us time.

If you want to save time, next time be prepared and have the proper calculated amount ready. You want to take a loan, not me. Wink

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
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